Tier 2 MBA Colleges Fees 2026, Comparison, ROI Calculation

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May 15, 2026

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Tier 2 MBA Colleges Fees 2026, Comparison, ROI Calculation

Tier 2 MBA colleges Fee 2026

Tier​‍​‌‍​‍‌ 2 colleges may be the id eal choice for many MBA candidates, providing the right blend of excellent education, robust placement opportunities, and lower tuition fees. Although top-notch institutions like the IIMs usually require a bigger financial outlay, Tier 2 MBA colleges offer top-notch management courses at fairly economical prices. The MBA fee structure of Tier 2 colleges in 2026 typically covers tuition fees, hostel charges, examination fees, and other academic expenses, and these may differ from one institute to another, depending on the specialization and location. Knowing these expenses is essential as it enables the students to prepare their budget efficiently and, at the same time, assess the return on investment through placements, internships, and industry ​‍​‌‍​‍‌exposure.

Top Tier 2 MBA Colleges and Their Fees in 2026

Tier 2 MBA colleges in India are known for their excellent academic resources and placement opportunities. Besides that, the fee structure of these institutes is lower than that of Tier 1 ones, which is one of the reasons that these are chosen by a lot of CAT aspirants in 2026. Colleges such as IIM Visakhapatnam, IIM Raipur, IIM Ranchi, IIM Shillong etc are among the best schools that students select when they want to invest a reasonable sum of money and get good returns. Their MBA fees generally lie between ₹17 lakhs and ₹26 lakhs, while the mean placement packages vary from ₹19 LPA to ₹23 LPA based on the ​‍​‌‍​‍‌college.

Institute

Avg. Package

Fees

IISc Bangalore

₹31.7 LPA

₹5.94 Lakhs

IIM Shillong

₹26.44 LPA

₹26.18 Lakhs

IIT Kharagpur (VGSoM)

₹22.75 LPA

₹11.75 Lakhs

IIM Raipur

₹20.70 LPA

₹20.0 Lakhs

XIM Bhubaneswar

₹19.53 LPA

₹24.6 Lakhs

IIM Ranchi

₹19.29 LPA

₹19.25 Lakhs

IIM Trichy

₹19.27 LPA

₹21.0 Lakhs

MICA Ahmedabad

₹19.22 LPA

₹28.0 Lakhs

IIM Rohtak

₹18.73 LPA

₹17.90 Lakhs

IIM Nagpur

₹18.07 LPA

₹21.0 Lakhs

IIT Roorkee (DoMS)

₹17.91 LPA

₹9.74 Lakhs

IIT Madras (DoMS)

₹17.9 LPA

₹12.0 Lakhs

IIM Udaipur

₹17.58 LPA

₹22.31 Lakhs

IIT Kanpur (DIME)

₹17.2 LPA

₹6.4 Lakhs

IRMA Anand

₹16.5 LPA

₹17.5 Lakhs

IIM Amritsar

₹16.20 LPA

₹21.5 Lakhs

IIM Jammu

₹16.04 LPA

₹22.8 Lakhs

IIM Visakhapatnam

₹15.72 LPA

₹18.0 Lakhs

GIM Goa

₹15.13 LPA

₹21.45 Lakhs

Great Lakes Chennai

₹15.0 LPA

₹22.50 Lakhs

IIM Kashipur

₹14.95 LPA

₹17.30 Lakhs

TAPMI, Manipal

₹13.99 LPA

₹19.5 Lakhs

Read Also, List of Tier 2 MBA Colleges in India, Fees, Cut off, Placements

MBA Fees Comparison for Popular Tier 2 Colleges

One of the biggest factors in choosing an MBA program is the cost comparison of various MBA colleges, especially the popular Tier 2 ones. Students are interested in knowing which colleges give them more value for the money they pay. Some of the colleges that have placements, among the best, are IIM Visakhapatnam, IIM Raipur, IIM Ranchi, IISc and IITs. Their fees vary broadly from ₹19 lakhs to ₹26 lakhs.

Institute

Fees

Highest Package

IISc Bangalore

₹5.94 Lakhs

₹65.0 LPA

IIM Shillong

₹26.18 Lakhs

₹71.5 LPA

IIT Kharagpur (VGSoM)

₹11.75 Lakhs

₹37.63 LPA

IIM Raipur

₹20.0 Lakhs

₹42.66 LPA

XIM Bhubaneswar

₹24.6 Lakhs

₹30.0 LPA

IIM Ranchi

₹19.25 Lakhs

₹50.39 LPA

IIM Trichy

₹21.0 Lakhs

₹41.61 LPA

MICA Ahmedabad

₹28.0 Lakhs

₹40.91 LPA

IIM Rohtak

₹17.90 Lakhs

₹36.0 LPA

IIM Nagpur

₹21.0 Lakhs

₹69.57 LPA

IIT Roorkee (DoMS)

₹9.74 Lakhs

₹24.0 LPA

IIT Madras (DoMS)

₹12.0 Lakhs

₹35.5 LPA

IIM Udaipur

₹22.31 Lakhs

₹47.65 LPA

IIT Kanpur (DIME)

₹6.4 Lakhs

₹36.0 LPA

IRMA Anand

₹17.5 Lakhs

₹28.5 LPA

IIM Amritsar

₹21.5 Lakhs

₹36.25 LPA

IIM Jammu

₹22.8 Lakhs

₹32.0 LPA

IIM Visakhapatnam

₹18.0 Lakhs

₹32.5 LPA

GIM Goa

₹21.45 Lakhs

₹32.2 LPA

Great Lakes Chennai

₹22.50 Lakhs

₹39.3 LPA

IIM Kashipur

₹17.30 Lakhs

₹33.12 LPA

TAPMI, Manipal

₹19.5 Lakhs

₹32.77 LPA

While a few schools like IISc Bangalore have a less expensive fee structure, there are others like and IIM Shillong that, although they charge high fees, offer more generous average salary packages. The final decision about which college to attend should be a balance between how much money you can spend and the earnings that you can expect from the ​‍​‌‍​‍‌investment.

Read Also, Tier 1 MBA Colleges Fees 2026, Comparison, ROI Calculation

Tier 2 MBA Colleges With Best ROI and Placements

​‍​‌‍​‍‌ A few Tier 2 MBA colleges with the best ROI are those that offer relatively strong placement packages while not having very high tuition fees. These include colleges like DSE, DFS, UBS etc.. These colleges stand out because they have relatively low MBA fees and strong average salary packages. Such colleges are great investments in that they allow one to recoup quite quickly the cost of one's education and at the same time, they will offer good career growth opportunities and placement ​‍​‌‍​‍‌options.

Institute

Avg. Package

Median Package

IIM Shillong

₹26.44 LPA

₹25.0 LPA

IIT Kharagpur (VGSoM)

₹22.75 LPA

₹22.15 LPA

IIM Raipur

₹20.70 LPA

₹20.23 LPA

BITSoM, Mumbai

₹20.52 LPA

XIM Bhubaneswar

₹19.53 LPA

₹18.37 LPA

IIM Ranchi

₹19.29 LPA

₹17.64 LPA

IIM Trichy

₹19.27 LPA

MICA Ahmedabad

₹19.22 LPA

₹18.0 LPA

DFS Delhi

₹19.12 LPA

₹14.46 LPA

IIM Rohtak

₹18.73 LPA

₹17.0 LPA

IIM Nagpur

₹18.07 LPA

₹17.03 LPA

IIT Roorkee (DoMS)

₹17.91 LPA

₹17.64 LPA

IIT Madras (DoMS)

₹17.9 LPA

₹18.0 LPA

IMI New Delhi

₹17.62 LPA

₹16.56 LPA

IIM Udaipur

₹17.58 LPA

IIT Kanpur (DIME)

₹17.2 LPA

₹16.5 LPA

IIM Sambalpur

₹16.7 LPA

IRMA Anand

₹16.5 LPA

IMT Ghaziabad

₹16.25 LPA

₹15.0 LPA

IIM Amritsar

₹16.20 LPA

IIM Jammu

₹16.04 LPA

₹15.80 LPA

IIM Visakhapatnam

₹15.72 LPA

₹15.0 LPA

GIM Goa

₹15.13 LPA

₹15.0 LPA

Great Lakes Chennai

₹15.0 LPA

IIM Kashipur

₹14.95 LPA

₹14.46 LPA

TAPMI, Manipal

₹13.99 LPA

DSE Delhi

₹13.92 LPA

₹15.17 LPA

Tier 2 MBA Colleges Under ₹10 Lakhs and ₹15 Lakhs Fees

Many MBA aspirants look for colleges with affordable fees, strong placements, and good return on investment. Reputed institutes in India offering MBA programs under ₹ 10 lakhs and ₹ 15 lakhs are preferred by students with budget constraints. Students looking for an affordable MBA education with strong placement outcomes consider colleges like the University Business School Chandigarh, Delhi School of Economics, and the Department of Management Studies IIT Kanpur, among others. These colleges offer great value by not only charging low fees but also giving relatively high salary ​‍​‌‍​‍‌packages.

Read Also, Tier 2 MBA Colleges in India 2026, Fees, Placements, ROI

Is Joining a Tier 2 MBA College Worth It in 2026?

Choosing​‍​‌‍​‍‌ to do an MBA at a Tier 2 college in 2026 can be a wise move for those students who want excellent job opportunities but want to avoid the very high levels of competition and the exorbitant fees associated with Tier 1 B-schools. Some of the leading Tier 2 colleges providing a good combination of academic rigor, experienced faculty, industry interaction, and attractive placement packages are IIM Visakhapatnam, IIM Raipur, IIM Ranchi, etc. Most of these colleges have the average package in the range of ₹15 LPA to ₹23 LPA, hence, these are pretty good choices when we talk about return on investment.

In case students do not get IIMs in top ranks or they wish to have a better ROI with a slightly lower fee, definitely a Tier 2 MBA college is a better option. Ultimately, where you end up depends on your career goals, specialization, budget, and the plans you have for the ​‍​‌‍​‍‌long-term.

Tier 2 MBA Colleges Fees 2026 : Conclusion

Tier 2 MBA Colleges Fees 2026 play an important role for aspirants looking for quality management education without paying extremely high tuition fees. Institutes like IIM Shillong, IIM Raipur, IIT Kharagpur, and IISc Bangalore offer strong placements, excellent academic exposure, and competitive salary packages, making them attractive options for MBA aspirants.

Students should not choose a college based only on fees or rankings. A smart MBA decision depends on overall ROI, placement opportunities, specialization, industry exposure, and long-term career growth. With proper research and planning, Tier 2 MBA colleges can provide excellent value and strong career opportunities in 2026.

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