MBA Fee Structure in India: A Comprehensive Guide

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Lavleen kaur kapoor

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The MBA fees in India ranges from Rs. 50,000 to Rs. 45 lakh rupees. The fees for each institute varies. The fees for government MBA colleges and MBA universities are comparatively lower than the fees for private b-schools.
Infrastructure, hostel arrangements, extracurricular activities, and teaching methodology are just a few of the factors that impact MBA expenses in India.

Institute/University

Fees (Per Year)

IIM Fees

INR 13 L – INR 20 L

IIT Fees

INR 5 L – INR 8 L

IGNOU Fees

INR 31,000

MBA Fees in Private Colleges

INR 7.5 L – INR 35 L

The mean academics fees vary from place to place, college reputation, the college is government aided or private institute.

What is the total fees of an MBA from IIM?

The best and most prominent MBA institutes in India are IIMs. IIMs are government-owned-public. The IIMA, IIMB and IIMC are ranked in the first 3 positions by NIRF Management Ranking 2022 among the top MBA colleges in India 

IIM MBA tuition costs between Rs. 11 Lakhs and Rs. 23,00,00 Lakhs. Top IIMs offer PGP programmes as an alternative to MBA programmes. MBA and PGP are similar

Here is a list of the fees for the MBA/PGP programmes offered by Indian Institutes of Management (IIMs) in India.

Name of the Colleges

Fees Structure

IIM Ahmedabad

INR 24.61 Lakhs

IIM Bangalore

INR 24.50 Lakhs

IIM Calcutta

INR 27 Lakhs

IIM Lucknow

INR 20.75 Lakhs

IIM Rohtak

INR 17.90 Lakhs

IIM Kozhikode

INR 20.50 Lakhs

IIM Udaipur

INR 14.70 Lakhs

IIM Shillong

INR 14 Lakhs

IIM Kashipur

INR 17.30 Lakhs

IIM Ranchi

INR 15.30 Lakhs

IIM Amritsar

INR 16 Lakhs

IIM Sirmaur

INR 11.75 Lakhs

IIM Jammu

INR 17.15 Lakhs

IIM Indore

INR 21.13 Lakhs

IIM Bodh Gaya

INR 15.50 Lakhs

IIM Sambalpur

INR 13.08 Lakhs

IIM Vishakhapatnam

INR 16.79 Lakhs

IIM Trichy

INR 11.80 Lakhs

IIM Nagpur

INR 18 Lakhs

IIM Raipur

INR 15.19 Lakhs

What is the total fees of an MBA from IIT?

The MBA programmes offered by IIT's started from 1990's. IIT's offers MBA postgraduate courses. The fees for IIT is much lower than the top IIM's.

Here is a list of the MBA course 2-year fees at Indian Institutes of Technology (IITs) in India.

Name of the Colleges

Fees Structure

Shailesh J Mehta School of Management - IIT Bombay

INR 4.53 Lakhs

Department of Management Studies  - IIT Delhi

INR 10.4 Lakhs

Department of Management Studies - IIT Madras

INR 9.13 Lakhs

Vinod Gupta School of Management - IIT Kharagpur

INR 9.23 Lakhs

Department of Industrial and Management Engineering (IME) - IIT Kanpur

INR 3.3 Lakhs

Department of Management Studies (DoMS) - IIT Roorkee

INR 9.54 Lakhs

Department of Management Studies - IIT Dhanbad (ISM)

INR 4.20 Lakhs

IIT Jodhpur

INR 8 Lakhs

What is the fees for Top 5 Government MBA Colleges?

The Government Management also offers MBA. The fees for Government colleges is lower than the other MBA institutes.

Here is the list of top Government MBA colleges in India.

Name of the Institutes

Fees Structure

FMS , New Delhi

INR 1.92 Lakhs

IIM Ahmedabad

INR 24.61 Lakhs

Department of Management Studies  - IIT Delhi

INR 10.4 Lakhs

Institute of Management Studies, Banaras Hindu University, Varanasi

INR 99.28 Lakhs

Department of Management Studies, Anna University, Chennai

INR 65,380

Pondicherry University, Pondicherry

INR 24,925

Department of Management Science, Savitribai Phule Pune University, Pune

INR 66,194

University of Jammu, Jammu

INR 78,071

What is the fees for Top 10 Private MBA Colleges?

The Private MBA colleges offers MBA/PGDM. The fees for private colleges starts from 7 Lakh to 30 Lakh. The fees for MBA courses is higher for private colleges when compared to government MBA colleges.

Here is the list of top Private MBA colleges in India.

Name of the Institutes

Fees Structure

XLRI - Xavier School of Management

Rs. 27 Lakhs

SVKM`s Narsee Monjee Institute of Management Studies, Mumbai

Rs. 23.90 Lakhs

Symbiosis Institute of Business Management, Pune

Rs. 22.20 Lakhs

Goa Institute of Management, Goa

Rs. 18.31 Lakhs

MDI Gurgaon

Rs. 24.16 Lakhs

S. P. Jain Institute of Management & Research

Rs. 20.40 Lakhs


TAPMI Manipal

Rs. 16.50 Lakhs

Amrita Vishwa Vidyapeetham

Rs. 13.10 Lakhs

Great Lakes Institute of Management

Rs. 13.6 Lakhs


XIM University

Rs. 18.30 Lakhs

Which are the top MBA college in India with low fees (below 1 lakh)?

In India every student thinks the fees for MBA colleges is very high. But there are so many Management institutes offers MBA in low fees.

Here is the list of colleges with low fees for MBA Program.

Name of the Institutes

Fees Structure(Approx)

Department of Management Studies, Anna University, Chennai

INR 65,380

National Institute of Management, Mumbai

INR 50,400

Indian Institute of Business Management and Studies, Mumbai

INR 50,800

Department of Management Science, Savitribai Phule Pune University, Pune

INR 65,000

Pondicherry University, Pondicherry

INR 24,925

RKDF University, Bhopal

INR 95,000

Jamia Millia Islamia University, New Delhi

INR 65,100

Gauhati University- GU

INR 70,000

Which are the top MBA college in India with high fees (above 15 lakhs)?

Pursuing MBA in the best college is the dream of every student. The fees are a bit high for the top institutes like IIM’s, XLRI, NMIMS, etc. But the ROI is much higher.

Here is the list of colleges with High Fees for MBA Program.

Name of the Institutes

Fees Structure

XLRI Jamshedpur

INR 27 Lakhs

IIM Ahmedabad, Ahmedabad

INR 24.61 Lakhs

IIM Bangalore

INR 24.50 Lakhs

MDI Gurgaon

INR 24.16 Lakhs

Narsee Monjee Institute of Management Studies - (NMIMS Deemed to be University), Mumbai

INR 23.90 Lakhs

Symbiosis Institute of Business Management, Pune

INR 22.20 Lakhs

IIM Kozhikode, Kozhikode

INR 20.50 Lakhs

S P Jain School of Global Management, Mumbai

INR 20.40 Lakhs

Goa Institute of Management, Goa

INR 18.31 Lakhs

IMI New Delhi

INR 18.17 Lakhs

What is the MBA fees for Symbiosis?

Symbiosis is one of the top b-school in India. There are 15 Symbiosis Institutes which offers MBA.

The average fees for Symbiosis ranges from Rs. 8.8 Lakhs – Rs. 25 Lakhs.

What is the MBA fees for NMIMS Mumbai?

NMIMS is one of the top ranked university in India for MBA/PGDM. The fees for NMIMS institutes ranges from Rs. 18 Lakhs – Rs. 25 Lakhs.

What is the MBA fees for XIM University?

XIM University Bhubaneswar is known as one of the best MBA colleges in Bhubaneswar, Odisha, India. 
The fees for MBA in XIM university is INR 18 Lakhs.

What is the MBA fees for SP Jain?

SP Jain is one of the top institute in Mumbai. It has campuses in Dubai, Mumbai, Singapore, and Sydney.

The fees for the PGDM program in S P Jain is Rs. 20.40 Lakhs.

What is the MBA fees for Chandigarh University?

Since Chandigarh University offers the finest placements in a variety of top recruiting Companies, it is regarded as the best business school for an MBA in Punjab. 

The MBA fees for Chandigarh University is Rs. 5.82 Lakhs.

What is the MBA fees for XLRI Jamshedpur?

The Xavier School of Management in Jamshedpur is the Top private college in India.

  • It offers PGDM in Business Management, HRM, and General Management.

The PGDM fees for XLRI Jamshedpur is Rs.27 Lakhs.

What is the top college for MBA fees?

IIM Ahmedabad, FMS Delhi, IIM Bangalore, IIM Calcutta, IIFT Delhi, IIT Delhi, and many more are some of the best schools in the country for an MBA in terms of ROI.

Which is the best MBA college in India with low fees?

Faculty of Management Studies – FMS, Delhi is the best college in India with low fees.
The fees for MBA in FMS is Rs. 1.92 Lakhs.

How much is MBA fees in India?

The MBA fees in India ranges from Rs. 2 Lakhs to Rs. 30 Lakhs.

What is the minimum fees for MBA in India?

The average fees for MBA in India is Rs. 5 Lakhs.

 

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