If pursuing an MBA is your aspiration, it doesn’t have to break the bank. We’ve compiled a list of some of the top MBA colleges in India that offer affordable tuition. Check out the article below for more details.

MBA Colleges in India with Low Fees

The MBA is among the most sought-after postgraduate programs in India, providing a pathway to rewarding career opportunities. However, pursuing an MBA can often come with a hefty price tag. If an MBA is your aspiration, it doesn’t have to break the bank. Numerous esteemed institutions across India offer MBA programs at budget-friendly rates. Government colleges and universities typically present more economical options compared to their private counterparts.

In this article, we highlight some of the MBA Colleges in India with Low Fees that feature low tuition fees, all under INR 7 Lakhs. These institutions boast excellent infrastructure, impressive placement statistics, and top-notch faculty. Continue reading to discover more about MBA Colleges in India with Low Fees .

TOP MBA Colleges in India with Low Fees

Here’s a rundown of some MBA Colleges in India with Low Fees

FMS stands out as one of the leading management institutions in India, offering MBA programs at remarkably low fees, starting at just INR 2 Lakhs. This esteemed institute, affiliated with Delhi University, is renowned for its academic excellence. Admission is based on CAT scores followed by Personal Interviews. This year, the average salary package for graduates during campus placements reached an impressive INR 34.1 LPA. FMS is not only recognized for its affordability but also for its strong placement opportunities, with top companies like Deloitte, OLA, PwC, L’Oreal, Info Edge, Adobe, Google, and Amazon actively recruiting its students.

Jamnalal Bajaj Institute of Management Studies (JIBMS), Mumbai

Jamnalal Bajaj Institute of Management Studies(JBIMS) in Mumbai was established in 1965 and is affiliated with the University of Mumbai. This public institution provides both full-time and part-time Master of Management Studies (MMS) programs, with its MBA course being particularly sought after. The fee for the two-year MBA program ranges from INR 6 lakh to INR 7 lakh. Admission is based on scores from CAT, MAH CET, MAT, or ATMA. JBIMS consistently ranks among the top 10 business schools in India and boasts a robust alumni network, many of whom hold CEO positions. Additionally, it is recognized as one of the more affordable MBA options in the country, with an average salary package of INR 26.12 LPA. Notable companies that recruit from JBIMS include McKinsey & Company, JP Morgan Chase, Accenture, Axis Bank, and Amazon.

Tata Institute of Social Sciences

Tata Institute of Social Sciences is TOP MBA Colleges in India with Low Fees. Tata Institute of Social Sciences (TISS), located in Mumbai, is a prominent management school that provides high-quality MBA education at a reasonable cost. Previously, admissions were based on the TISSNET score, but the process has now shifted to the Central University Entrance Test-PG (CUET PG). The tuition fees for the MBA program range from INR 45,400 to INR 1.2 lakh, with the average placement salary reaching INR 27.22 LPA in 2023. TISS stands out as an affordable MBA option with strong placement opportunities, attracting companies like Accenture, Deloitte India, Infosys Consulting, Darwinbox, TCS, and Wipro for recruitment.

Department of Management Sciences, Pune

Department of Management Sciences, Pune isnTOP MBA Colleges in India with Low Fees .The Department of Management Sciences at Pune University (PUMBA) is affiliated with Pune University and charges course fees between INR 1.3 lakh and INR 1.5 lakh. It accepts various entrance exam scores, including CAT, XAT, MAT, CET, ATMA, and MAH CET, for admission into its MBA programs. Graduates from PUMBA enjoy an average salary of INR 8.10 LPA upon placement, with companies like Axis Bank, E-serve, Bee Management, ONGC, Thermax, and SBI Life among the recruiters.

FAQS

Department of Financial Studies, Delhi University

This institution admits students based on their CAT exam scores, which are administered by the IIMs. The total cost for an MBA at the Department of Financial Studies is just INR 26,000 for a two-year program, making it known for its excellent return on investment (ROI). In 2023, the average salary package offered was INR 15.5 LPA, with the highest package reaching INR 17.5 LPA. Top recruiters include DE Shaw, HDFC Bank, JLL, Barclays, Arcesium, Axis Bank, HDFC, SBI, and the Ministry of Finance, making it a sought-after choice for MBA graduates.

Christ University, Bangalore

Founded in 1969, Christ International (Deemed to be University) provides a range of postgraduate programs, including various MBA specializations such as Business Analytics and Marketing. Admission to this esteemed institution is open to students who have taken entrance exams like CAT, MAT, XAT, CMAT, or ATMA. The tuition fees range from INR 4.8 Lakh to INR 8.6 Lakh. Graduates from this university can expect impressive placement opportunities, with the highest salary reaching around INR 21.46 LPA. Notable companies like AB InBev, ZS Associates, DE Shaw & Co., Bain Capability Network, Exxon Mobil, Accenture, Aditya Birla Group, Infosys, Hyundai, IBM, ICICI, KPMG, Deloitte, and Dabur actively recruit from the campus, offering attractive compensation packages.

Delhi Technical University (DTU), Delhi

DTU is MBA Colleges in India with Low Fees renowned for its two-year full-time MBA programs and stands out as one of India’s top MBA institutions, known for its affordability. With a legacy of 75 years, it boasts some of the finest MBA faculty in the country. The university offers an MBA program at a competitive fee of INR 2.9 Lakh, with admissions based on CAT exam scores. Graduates can anticipate an average salary of INR 9.02 LPA. Prestigious companies such as Google, Uber, Amazon, Facebook, and Bloomberg frequently recruit from DTU, providing excellent placement opportunities for its students.

Individuals aspiring to earn an MBA should start by compiling a list of colleges they are interested in attending. It’s essential to choose based on their preferred specialization and financial considerations, rather than simply following trends. Here’s a selection of additional colleges and the programs they offer, all featuring a more affordable fee structure.

MBA Colleges in India with Low Fees