Depending on the type of institute, location, specialization, and admissions process, the cost of pursuing an MBA in India can range from ₹50,000 to ₹35 lakhs. This organized summary will assist you in making better plans.
MBA Course Fees at Top IIMs (Indian Institutes of Management)
| IIM Name | MBA Fees (₹) | Location | Duration | Admission Exam |
| IIM Ahmedabad | ₹25,00,000 | Gujarat | 2 years | CAT |
| IIM Bangalore | ₹24,50,000 | Karnataka | 2 years | CAT |
| IIM Calcutta | ₹27,00,000 | West Bengal | 2 years | CAT |
| IIM Lucknow | ₹21,00,000 | Uttar Pradesh | 2 years | CAT |
| IIM Kozhikode | ₹22,50,000 | Kerala | 2 years | CAT |
MBA Fees at Tier-1 Non-IIM Private B-Schools
| Institute Name | Fees (₹) | Entrance Exam | Location |
| XLRI Jamshedpur | ₹24,80,000 | XAT | Jharkhand |
| SPJIMR Mumbai | ₹20,42,000 | CAT, XAT | Maharashtra |
| MDI Gurgaon | ₹24,16,000 | CAT | Haryana |
| ISB Hyderabad (PGP) | ₹41,98,000 | GMAT, GRE | Telangana |
| IMT Ghaziabad | ₹21,53,000 | CAT, XAT, GMAT | Uttar Pradesh |
MBA Fees at Government B-Schools (Non-IIMs)
| College Name | Fees (₹) | Exam Accepted | Location |
| FMS Delhi (DU) | ₹2,00,000 | CAT | Delhi |
| JBIMS Mumbai (Autonomous) | ₹6,00,000 | MAH-CET, CAT | Maharashtra |
| TISS Mumbai (HRM & LR) | ₹1,10,000 | TISSNET | Maharashtra |
| Delhi School of Economics (DSE) | ₹25,000 | CAT | Delhi |
| NIBM Pune | ₹12,00,000 | CAT, XAT, CMAT | Maharashtra |
MBA Fees at New and Baby IIMs
| IIM Name | MBA Fees (₹) | Established | Admission Test |
| IIM Udaipur | ₹21,00,000 | 2011 | CAT |
| IIM Trichy | ₹19,50,000 | 2011 | CAT |
| IIM Raipur | ₹18,90,000 | 2010 | CAT |
| IIM Kashipur | ₹17,30,000 | 2011 | CAT |
| IIM Bodh Gaya | ₹17,50,000 | 2015 | CAT |
MBA Fees Based on Entrance Exam Pathway
| Exam Name | Fee Range (₹) | Top Institutes |
| CAT | ₹25K – ₹30 Lakhs | IIMs, FMS, MDI, SPJIMR |
| XAT | ₹12 Lakhs – ₹25 Lakhs | XLRI, XIMB, IMT, Great Lakes |
| GMAT | ₹20 Lakhs – ₹42 Lakhs | ISB, SPJIMR (Int’l), Great Lakes (1-Yr PGPM) |
| MAT | ₹2 Lakhs – ₹10 Lakhs | BIMTECH, JIMS, NDIM, IILM |
| CMAT | ₹2 Lakhs – ₹8 Lakhs | K J Somaiya, GIM Goa, Welingkar, IFMR |
MBA Fees by Specialization (Average Private Colleges)
| Specialization | Avg Fee Range (₹) | Notes |
| Marketing | ₹4 – ₹12 Lakhs | High ROI in sales & brand roles |
| Finance | ₹4 – ₹15 Lakhs | Especially lucrative with CFA/FRM |
| Human Resource (HR) | ₹3 – ₹10 Lakhs | Strong in institutes like TISS, XLRI |
| Operations | ₹4 – ₹12 Lakhs | Good for engineers |
| Business Analytics | ₹6 – ₹20 Lakhs | High demand in tech sectors |
| International Business | ₹5 – ₹18 Lakhs | Niche domain with global exposure |
MBA Fees at Top Deemed Universities
| University Name | MBA Fees (₹) | Entrance Mode | Location |
| Symbiosis (SIBM Pune) | ₹23,32,000 | SNAP | Maharashtra |
| NMIMS Mumbai | ₹21,90,000 | NMAT | Maharashtra |
| Amity University Noida | ₹10,20,000 | CAT/MAT/XAT | Uttar Pradesh |
| Christ University Bangalore | ₹7,90,000 | CAT/MAT/CMAT | Karnataka |
| Shiv Nadar University | ₹12,00,000 | SNUSAT/CAT/XAT | Uttar Pradesh |
Affordable Private Colleges with Low Fees (Under ₹5 Lakhs)
| College Name | Fees (₹) | Entrance Accepted | State |
| IPS Business School, Jaipur | ₹3,20,000 | CMAT, MAT | Rajasthan |
| JIMS Rohini, Delhi | ₹4,45,000 | CAT, MAT, CMAT | Delhi NCR |
| NSB Academy, Bangalore | ₹4,80,000 | MAT, KMAT | Karnataka |
| IILM GSM, Greater Noida | ₹4,00,000 | CAT, MAT, XAT | Uttar Pradesh |
| Vignana Jyothi Institute, Hyd | ₹3,75,000 | CAT, MAT, CMAT | Telangana |
Conclusion
- Depending on the college and region, the cost of an MBA in India can range from ₹25,000 to ₹42 lakhs.
- Top-tier placements at IIMs and Tier-1 private B-schools provide a strong return on investment despite their high investment requirements.
- Public and government universities, such as FMS Delhi and TISS Mumbai, provide affordable, top-notch MBA programs.
- There are a number of excellent private options with respectable placements under ₹5–6 Lakhs if affordability is a top concern.
FAQs
1. Which is the most affordable top MBA college in India?
FMS Delhi, with fees around ₹2 Lakhs, offers one of the best ROI MBA programs in the country.
2. Why are MBA fees at IIMs and ISB so high?
These institutes provide global-standard faculty, infrastructure, international exposure, and top-notch placement support—justifying the high fees.
3. Can I get an education loan for MBA?
Yes. All major banks offer education loans up to ₹40 Lakhs for MBA, especially for IIMs, ISB, and reputed private colleges.
4. Do MBA fees cover hostel and mess charges?
It depends. In most cases (like IIMs and XLRI), fees are inclusive, but in some private colleges, hostel charges are extra.
5. Are scholarships available for MBA in India?
Yes, many colleges offer merit-based, need-based, or category-based scholarships, and some like IIMs offer income-based fee waivers too.
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