One of the most sought-after degrees in the world is a Master of Business Administration [MBA]. India is home to famous internationally ranked MBA colleges that provide phenomenal management education. Though the MBA tuition fees at India’s leading B-schools are somewhat costlier, an MBA degree opens up a wide range of job prospects. There has been a rapid change in the business environment over the years, and MBA degrees are always in great demand in corporate companies to guarantee efficient functioning of the organisation, ensuring proper and efficient administrative operations. Several institutes, including IIMs, XLRI, and FMS, have been founded in India to accommodate the ever-increasing demand for the MBA. Please refer BYJU’S CAT College Predictor tool.
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Aside from government-run MBA programmes, plenty of other private MBA programmes have been established, including NITIE, SPJMER, and others. It should be mentioned that around 3.5 lakh MBA applicants apply to various colleges across the country each year. MBA is a highly professional course, and as a result, MBA course fees are a little higher. For the benefit of aspirants, the approximate fees structure for some of India’s top MBA colleges in India is listed in this article.
Fee Structure for Top 15 MBA Colleges in India
Without any doubt, it is the dream of every management aspirant to pursue their MBA in one of the top management institutions due to the quality of education offered and the assured placements with better remuneration. MNCs and corporate companies are always on the lookout for MBA experts with management degrees from a reputable top MBA college. The degree adds a lot of weight to your resume and improves your employment prospects. When you get enrolled in a top management school, you have access to the school’s alumni network, which can provide you with unique careers development possibilities and help you raise your profile. Reputable colleges have alumni connect programs and established global alumni networks, who have established their careers in leading corporate companies, and they help students advance their job prospects. The following table will give you an overview of the fee structure of the top 5 MBA colleges in India.
Name of the Institution
City
Courses Offered
Fees for MBA
IIM Ahmedabad
Gujarat
MBA, Executive MBA, Fellowship
INR 23,00 L
IIM Bangalore
Karnataka
MBA, PGDM, Executive MBA
INR 23.00 L
IIM Calcutta
West Bengal
MBA, PGDM, Executive MBA
INR 27.00 L
IIM Lucknow
Uttar Pradesh
MBA, PGDM, Graduate Diploma in Management
INR 19.25 L
IIM Indore
Madhya Pradesh
MBA, PGDM, PhD in Management
INR 10.95 L
IIM Kozhikode
Kerala
MBA, PGDM, PhD in Management
INR 22.50 L
FMS – University of Delhi
New Delhi
MBA, PGDM, PhD in Management
INR 10,480
IBS Hyderabad
Telangana
PGDM, PGPM, Executive MBA
INR 12.06 L
MDI Gurgaon
Haryana
MBA, PGDM, Graduate Certificate in Management
INR 12.53 L
SJMSOM, IIT Bombay
Maharashtra
MBA, PGDM, PhD in Management
INR 2.26 L
JBIMS, University of Mumbai
Maharashtra
MMS, MMM, MBA
INR 1.50-7.00 L
XLRI Jamshedpur
Jharkhand
MBA, PGDM, PhD in Management
INR 11.80 L
SPJIMR Mumbai
Maharashtra
MBA, PGDM
INR 22.10
IIFT Delhi
New Delhi
MBA, PGDM, Executive MBA
INR 8.85 L
NITIE Mumbai
Mumbai Maharashtra
MBA, PGDM, Fellowship
INR 12.53 L
Fee Structure for Top 15 IIMs
The IIMs offer the best management education in India, and IIM Ahmedabad has continually been ranked as the number one management school in India by various ranking organisations. On the proposal of the Planning Commission of India, Jawaharlal Nehru, India’s first prime minister, launched the establishment of IIMs. It is a notable fact that the IIMs are declared as institutes of national importance by the Institutes of Management Act 2017. The students who acquire management education in the IIMs are exposed to a number of beneficial features, one of which is the student exchange programmes and summer Internships. Not only do the IIMs offer MBA degree programmes, but they also offer PGPX, PGPEX, PGP-BL & IPMX executive education and part-time education for working professionals. There are a total of 20 IIMs functioning in the country. Most of the IIMs accept the CAT Exam, and the GMAT Exam is a prerequisite for international candidates who aspire to join the IIMs. The fees structure for the top 15 IIMs is given below:
Name of the IIM
Fees
IIM Ahmedabad
INR 23,00,000 Lakhs
IIM Bangalore
INR INR 23,00,000 Lakhs
IIM Calcutta
INR 27,00,000 Lakhs
IIM Kozhikode
INR 22,50,000 Lakhs
IIM Lucknow
INR 19,25,000 Lakhs
IIM Amritsar
INR 13,20,000 Lakhs
IIM Indore
INR 10,95,000 Lakhs
IIM Bodh Gaya
INR 12,95,000 Lakhs
IIM Tiruchirappalli
INR 16,50,000 Lakhs
IIM Kashipur
INR 15,42,000 Lakhs
IIM Nagpur
INR 18,00,000 Lakhs
IIM Raipur
INR 14,20,400 Lakhs
IIM Ranchi
INR 15,30,000 Lakhs
IIM Rohtak
INR 15,20,000 Lakhs
IIM Sambalpur
INR 13,03,000 Lakhs
Fee Structure for Top 25 Non-IIMs
Apart from the IIMs, several other private institutions and management departments of the IITs offer MBA programs with the same structure and without compromising any of the features. The following is the list of the top MBA colleges apart from the IIMs with the list of courses offered, entrance exams accepted and fee structure of the Non-IIM institutions.
Name of the Institution, City
Courses Offered
Entrance Exams
Accepted
Fees
XLRI [Xavier School of Management], Jamshedpur
PGDM [BM], ExPGDM PGDM [BM], Three Year XLRI – Rutgers Double Masters Programme, PGDM [HRM], Fellow Programme & Research FPM, Executive FPM
XAT, GMAT
INR 16.8 L
Faculty of Management Studies – FMS
MBA
CAT
INR 50,000
S.P Jain Institute of Management & Research – SPJIMR
PGDM
CAT, XAT, GMAT
INR 17.5 L
Jamnalal Bajaj Institute of Management Studies – JBIMS
MMS
MAH-CET, CAT, CMAT, MAT, ATMA
INR 6.00 L
IIFT Indian Institute of Foreign Trade
MBA
IIFT
INR 7.6 L
Symbiosis Institute of Management, Pune
MBA
SNAP
INR 20.5 L
Shailesh J. Mehta School of Management – SJMSOM IIT, Mumbai
MBA
CAT
INR 8.75 L
Narsee Monjee Institute of Management Studies – NMIMS
MBA
NMAT
INR 18.00 L
NITIE, Mumbai
PGDEX-VLFM, PGDIE, PGDSM
CAT
INR 14.63 L
MICA, Ahmedabad
PGP/FPM/CCC
MICAT, CAT, XAT, GMAT
INR 21.00 L
Tata Institute of Social Sciences – TISS, Mumbai
MA
TISS
INR 2.43 L
Indian School of Business – ISB Hyderabad
PGPM
GMAT
INR 32.82 Lakhs
Management of Development Studies – MDI
PGPM/PGP-HR/PGP-IM
CAT
INR 19.8 Lakhs
Institute of Rural Management Anand, Gujarat – IRMA
PGDRM
CAT/XAT
INR 5.54 Lakhs
Institute of Management Technology – IMT Ghaziabad
PGDM
CAT/XAT/GMAT
Rs 19.00 Lakhs
VGSoM – Vinod Gupta School of Management – IIT Kharagpur
MBA
CAT
Rs 11.5 Lakhs
Birla Institute of Technology & Science [BITS], Pilani
MBA-BA
BAAT/XAT/CAT/GMAT
INR 2,18,500/- Per Semester
DoMS – IIT Madras
MBA
CAT
Rs 8 Lakhs
DMS, IIT Delhi
MBA
CAT
Rs 9.6 Lakhs
Xavier Institute of Management – XIMB, Bhubaneswar
MBA
XAT, CAT, GMAT
Rs 17.3 Lakhs
TAPMI Manipal
PGDM
CAT, XAT, GMAT
Rs 14.60 Lakhs
FORE School of Management, Delhi
PGDM, PGDM [IB], PGDM [FM], PGDM [BDA], Full-Time Fellow Program in Management [FPM]
CAT/XAT/GMAT
INR 16.98 L
Goa Institute of Management
PGDM, PGDM [HCM], PGDM [BDA], PGDM [BIFS], PGDM – PART TIME, MDP FPM
XAT/CAT/ GMAT/CMAT
INR18.07 L
- N. Welingkar Institute of Management Development & Research, Mumbai
PGDM/ MMS/PGP
CAT/CMAT/XAT/ATMA/GMAT
INR 6.50 L
PUMBA Mumbai
MBA++ / MBA [BIOTECH]/EXECUTIVE MBA /PhD
CMAT/CAT/MH-CET
INR 65000
List of MBA Colleges with Fee Structure below 5 Lakhs
For the convenience of students, we have curated the list of MBA colleges whose fees are below 5 lakhs.
Name of the Institution
Fees
St. Kabir Institute of Professional Studies Ahmedabad
INR 4,95,000
Sathyabama Institute of Science and Technology
INR 400,000
SRM University Chennai
INR 5,00,000
Chandigarh University, Chandigarh
INR 420,000
DBS-Doon Business School
INR 4.52 lakh
Galgotias Institute of Management and Technology
INR 251,206
Firebird Institute of Research in Management Coimbatore
INR 4,80,000
Indian Institute of Social Welfare and Business Management
INR 364,500
JSS Academy of Higher Education and Research, Mysuru
INR 3,46,700
FMS Delhi – Faculty of Management Studies University of Delhi
INR 1,00,000
SIMSREE, Mumbai
INR 1,36,000
Ambedkar University, Delhi
INR 2,99,880
Doon University
INR 40,000
GD Goenka University – GDGU
INR 90,000
Jamnalal Bajaj Institute of Management Studies [JBIMS]
INR 6,00,000
BITS Pilani
INR 2,18,000
SIMSREE, Mumbai
INR 1,36,000
Millennium School of Business, New Delhi
INR 2,00,000
Bharati Vidyapeeth’s Institute of Management Studies and Research
INR 3,50,000
JSS Academy of Higher Education and Research, Mysuru
INR 3,46,70
Galgotias Institute of Management and Technology
INR 2,51,206
GD Goenka University – GDGU
INR 90,000
Doon University
INR 40,000
Guru Nanak Institute of Management Studies, Mumbai
INR 2,77,200
FMS Delhi – Faculty of Management Studies University of Delhi
INR 1,00,000
PUMBA Pune – Department of Management Sciences Savitribai Phule Pune University
INR 1,32,388
Symbiosis Centre for Management and Human Resource Development, Pune
INR 4,98,500
Christ University
INR 3,57,500
Indian Institute of Social Welfare and Business Management
INR 3,64,500
School of Management Studies, University of Hyderabad
INR 1,64,600
DoMS Indian Institute of Science – Department of Management Studies, Indian Institute of Science
INR 302,800
SIMSREE Mumbai – Sydenham Institute of Management Studies Research and Entrepreneurship Education
INR 134,000
Bharati Vidyapeeth’s Institute of Management and Entrepreneurship Development
INR 450,000
Amity University, Noida
INR 165,000
SAGE University, Indore
INR 140,000
Hindustan Institute of Technology and Science
INR 114,000
Indian Maritime University
INR 400,000
DAVV Indore – Institute of Management Studies, Devi Ahilya University
INR 120,000
University College of Commerce and Business Management, Osmania University
INR 20,000
Department of Management Studies, Anna University
INR 56,550
Dr DY Patil University, Navi Mumbai
INR 175,000
Sai Balaji International Institute of Management Sciences
INR 157,600
ITS Institute of Technology and Science, Mohan Nagar
INR 260,000
Cochin University of Science and Technology
INR 42,000
Asia-Pacific Institute of Management
INR 3,60,000
St. Kabir Institute of Professional Studies Ahmedabad
INR 4,95,000
LN Welingkar Institute of Management Development and Research
INR 149,265
Delhi School of Management, Delhi Technological University
INR 396,000
PSG Tech – PSG College of Technology, Coimbatore
Not Prescribed
Jamnalal Bajaj Institute of Management studies [JBIMS]
INR 6,00,000
Guru Nanak Institute of Management Studies, Mumbai
INR 2,77,200
Bharati Vidyapeeth’s Institute of Management Studies and Research
INR 3,50,000
School of Management Studies, University of Hyderabad
INR 1,64,600
NIT Warangal – National Institute of Technology
INR 1,79,500
SRM University, Chennai
INR 5,00,000
Important Points to be Considered
- Apart from the tuition fees, candidates also have to incur additional costs, which include registration fees, hostel fees, etc. It is seen that most of the top MBA colleges have high tuition fees for their two-year programs. However, MBA applicants can get liberal educational loans as financial aid. Apart from the loans, several scholarships are also provided by certain institutions. As the loan options vary from bank to bank, MBA applicants are suggested to check for different loan options and choose the one that best suits them.
- Also, it is always beneficial to check for the different scholarship options by the particular institutes and apply for them accordingly.
- MBA applicants are also suggested to check the return on investment for the particular institutes and then apply.
- Analyse the total costs and average placements of the institutes to get an idea of the return on investment.
- It is also important to note that most institutes use CAT scores for admissions. So, having a good CAT percentile is extremely important to get shortlisted for further rounds of the respective institutes.
Keep visiting BYJU’S to get more such information. CAT exam aspirants can also get various study materials, exam tips, sample papers and previous years’ question papers to ace the CAT exam easily and get into their preferred B-School.
Which MBA college has the best placement in India?
IIM Ahmedabad and IIM Bangalore offer the highest placement package, i.e. INR 32 LPA. The best MBA school in India is IIM Ahmedabad, followed by IIM Bangalore and IIM Kozhikode. In the most recent NIRF rankings for 2023, the institutes are rated 1, 2, and 3.4 thg 7, 2024nullTop MBA Colleges in India 2024: Ranking, Fees, Admissions ...www.shiksha.com › MBAnull
Which MBA college has highest fees in India?
Top Expensive MBA Colleges – India.
Indian School of Business [ISB], Hyderabad..
Xavier School of Management [XLRI], Jamshedpur..
Indian Institute of Management [IIM], Ahmedabad..
Indian Institute of Management [IIM], Bangalore..
Which is the No 1 MBA university in India?
Answer: According to the most recent NIRF MBA rating, IIM Ahmedabad is the top MBA institute in India. IIM Bangalore comes in at number two, IIM Calcutta at number three, IIT-Delhi-DoMS at number four, and IIM Kozhikode at number five.nullTop MBA Colleges in India: List of Top Colleges, Rankings, Fee Structure ...unacademy.com › content › cat › top-mba-colleges-in-indianull
Which private MBA college has the highest package in India?
Highest Salary Offered by Top Private MBA Colleges in India.