MBA Fees
The fees for an MBA programme can vary widely depending on the institution and location. On average, in India, the cost ranges from ₹2 lakhs to ₹20 lakhs for the entire course. For example, at St. Andrews Institute of Technology and Management (SAITM) in Gurgaon, the fees for the two-year MBA program are approximately ₹2.6 lakhs for the entire course.
Here’s a general breakdown:
Public Universities: Fees can range from ₹20,000 to ₹2 lakhs per annum.
Private Colleges: Fees typically range from ₹2 lakhs to ₹20 lakhs for the entire course.
Elite Institutions: Premier institutes like IIMs may have fees ranging from ₹10 lakhs to ₹25 lakhs for the full course.
Some of the most opted courses in India and St. Andrews college or different Engineering college or Management colleges are as follows:-
Fee Structure for Top 15 MBA Colleges in India
Here is the detailed fee structure for the top 15 MBA colleges in India:
Indian Institute of Management Ahmedabad (IIMA)
Total Fees: ₹23 lakhs
Includes: Tuition, accommodation, course material, and other charges.
Additional Expenses: Travel, food, personal expenses.
Indian Institute of Management Bangalore (IIMB)
Total Fees: ₹23 lakhs
Includes: Tuition, hostel, library, and other academic charges.
Additional Expenses: Laptop, travel, and personal expenses.
Indian Institute of Management Calcutta (IIMC)
Total Fees: ₹23 lakhs
Includes: Tuition, accommodation, course material, and other charges.
Additional Expenses: Food, travel, and personal expenses.
St. Andrews Institute of Technology and Management (SAITM), Gurgaon
Total Fees: ₹2.6 lakhs
Includes: Tuition fees and library.
Additional Expenses: Laptop, hostel, travel, and personal expenses.
Indian Institute of Management Kozhikode (IIMK)
Total Fees: ₹20 lakhs
Includes: Tuition, accommodation, course material, and other charges.
Additional Expenses: Food, travel, and personal expenses.
Indian Institute of Management Indore (IIMI)
Total Fees: ₹17 lakhs
Includes: Tuition, hostel, library, and other academic charges.
Additional Expenses: Laptop, travel, and personal expenses.
Xavier School of Management, Jamshedpur (XLRI)
Total Fees: ₹20.95 lakhs
Includes: Tuition, hostel, library, and other academic charges.
Additional Expenses: Laptop, travel, and personal expenses.
Faculty of Management Studies, University of Delhi (FMS)
Total Fees: ₹2 lakhs
Includes: Tuition and other academic charges.
Additional Expenses: Hostel, food, travel, and personal expenses.
Indian School of Business, Hyderabad (ISB)
Total Fees: ₹39 lakhs
Includes: Tuition, accommodation, course material, and other charges.
Additional Expenses: Food, travel, and personal expenses.
SP Jain Institute of Management and Research, Mumbai (SPJIMR)
Total Fees: ₹19.5 lakhs
Includes: Tuition, hostel, library, and other academic charges.
Additional Expenses: Laptop, travel, and personal expenses.
Indian Institute of Foreign Trade, Delhi (IIFT)
Total Fees: ₹18.24 lakhs
Includes: Tuition, hostel, library, and other academic charges.
Additional Expenses: Laptop, travel, and personal expenses.
List of MBA Colleges with Fee Structure below 5 Lakhs
Here’s a list of some notable MBA colleges in India where the total fee structure is below ₹5 lakhs.
These institutions offer good value, combining affordable education with strong academic programs:
1. Faculty of Management Studies (FMS), Delhi
Fee Structure: Approximately ₹2 lakhs for the two-year full-time MBA program.
Overview: Known for its high return on investment, FMS Delhi offers one of the lowest fee structures among elite business schools.
2. St. Andrews Institute of Technology and Management, Gurgaon
Fee Structure: Around ₹2.6 lakhs for MBA Course.
Overview: Offers a strong curriculum with a focus on practical application and Strong Placement.
3. Department of Management Studies, IIT Delhi
Fee Structure: Approximately ₹9.60 lakhs (higher but offers significant ROI similar to lower fee institutions).
Overview: Combines technical excellence with management education, focusing on creating leaders in the technological domain.
4. Tata Institute of Social Sciences (TISS), Mumbai
Fee Structure: Around ₹2.4 lakhs for the Master of Arts in Human Resources Management and Labour Relations.
Overview: Specializes in HR and provides a deep understanding of social sciences in management.
5. University Business School (UBS), Panjab University, Chandigarh
Fee Structure: About ₹1 lakh for the MBA program.
Overview: Offers a well-rounded MBA with a strong regional influence and connection to local industry.
6. Department of Business Economics, University of Delhi
Fee Structure: Approximately ₹30,000 per year.
Overview: Known for its specialized MBA in Business Economics, combining economic principles with management education.
7. School of Management Studies, University of Hyderabad
Fee Structure: Around ₹1.5 lakhs for the MBA program.
Overview: Provides a comprehensive MBA with a focus on research and practical knowledge.
8. Banaras Hindu University (BHU)
Fee Structure: About ₹1 lakh for the MBA program.
Overview: Combines traditional values with modern management education, fostering a holistic educational environment.
Fee Structure For MBA in Government Colleges (Less than 1 Lakh)
Here are some government colleges in India where the fee structure for an MBA is less than ₹1 lakh, making them highly affordable options for students:
1. Faculty of Management Studies (FMS), University of Delhi
Fee Structure: Around ₹20,000 per year, totaling approximately ₹40,000 for two years.
Overview: Despite its extremely low fees, FMS is renowned for its high-quality education and excellent placement records.
2. University Business School (UBS), Panjab University, Chandigarh
Fee Structure: Approximately ₹17,000 per year, totaling around ₹34,000 for the entire course.
Overview: Offers a rigorous MBA program with strong industry connections in the Northern region of India.
3. Department of Financial Studies (DFS), University of Delhi, South Campus
Fee Structure: About ₹26,000 per year, which sums up to ₹52,000 for two years.
Overview: Known for its specialized focus on finance, DFS provides a comprehensive and analytical approach to financial management education.
4. Department of Business Economics, University of Delhi
Fee Structure: Approximately ₹30,000 per year, leading to a total of ₹60,000 for the full MBA program.
Overview: Integrates economics with management, focusing on equipping students with skills to tackle economic challenges in business settings.
5. Banaras Hindu University (BHU)
Fee Structure: About ₹50,000 for the entire two-year MBA program.
Overview: Known for blending traditional values with contemporary business education, offering a unique environment for learning.
6. Aligarh Muslim University (AMU)
Fee Structure: Roughly ₹25,000 per year, totaling about ₹50,000 for two years.
Overview: Provides an MBA with a focus on developing leadership and entrepreneurial skills in a culturally rich environment.
7. Guru Gobind Singh Indraprastha University (GGSIPU), Delhi
Fee Structure: Approximately ₹70,000 for the full MBA program.
Overview: Known for its strong theoretical and practical orientation, the program prepares students for diverse business challenges.
8. School of Management Studies, University of Hyderabad
Fee Structure: Around ₹1.2 lakhs for the entire course (slightly above the threshold but offers substantial value).
Overview: Focuses on innovative education and research in management, with a commitment to academic excellence.
Top MBA Colleges in India: Highlights
Here are the highlights of the top MBA colleges in India:
1. Indian Institute of Management Ahmedabad (IIMA)
Location: Ahmedabad, Gujarat
Established: 1961
Notable for: Consistently ranked as the best business school in India, known for its rigorous academic curriculum and distinguished faculty.
Flagship Program: Post Graduate Program in Management (PGP)
Average Placement Package: ₹27-30 lakhs per annum
2. Indian Institute of Management Bangalore (IIMB)
Location: Bangalore, Karnataka
Established: 1973
Notable for: Strong focus on research and innovation, global exposure programs, and extensive industry connections.
Flagship Program: Post Graduate Program in Management (PGP)
Average Placement Package: ₹25-28 lakhs per annum
3. Indian Institute of Management Calcutta (IIMC)
Location: Kolkata, West Bengal
Established: 1961
Notable for: Oldest IIM, strong emphasis on finance and economics, robust alumni network.
Flagship Program: Post Graduate Program in Management (PGP)
Average Placement Package: ₹24-27 lakhs per annum
4. Indian Institute of Management Lucknow (IIML)
Location: Lucknow, Uttar Pradesh
Established: 1984
Notable for: Strong focus on rural management and entrepreneurship, diverse academic programs.
Flagship Program: Post Graduate Program in Management (PGP)
Average Placement Package: ₹23-26 lakhs per annum
5. Indian Institute of Management Kozhikode (IIMK)
Location: Kozhikode, Kerala
Established: 1996
Notable for: Beautiful campus, emphasis on technology and innovation in management.
Flagship Program: Post Graduate Program in Management (PGP)
Average Placement Package: ₹22-25 lakhs per annum
6. Indian Institute of Management Indore (IIMI)
Location: Indore, Madhya Pradesh
Established: 1996
Notable for: Unique five-year integrated program (IPM), strong focus on leadership development.
Flagship Program: Post Graduate Program in Management (PGP)
Average Placement Package: ₹20-23 lakhs per annum
7. St. Andrews Institute of Technology and Management (SAITM), Gurgaon
Location: Gurgaon
Established: 2014
Notable for: Private management institute, strong HRM and Business Analytics programs.
Flagship Program: Master of Business Administration (MBA)
Average Placement Package: ₹23-26 lakhs per annum
8. Faculty of Management Studies, University of Delhi (FMS)
Location: New Delhi
Established: 1954
Notable for: High ROI due to low fees, strong corporate connections, and urban location.
Flagship Program: Master of Business Administration (MBA)
Average Placement Package: ₹23-25 lakhs per annum
9. Indian School of Business, Hyderabad (ISB)
Location: Hyderabad, Telangana
Established: 2001
Notable for: Global faculty, one-year MBA program, strong focus on entrepreneurship.
Flagship Program: Post Graduate Program in Management (PGP)
Average Placement Package: ₹25-27 lakhs per annum
10. SP Jain Institute of Management and Research, Mumbai (SPJIMR)
Location: Mumbai, Maharashtra
Established: 1981
Notable for: Value-based management education, strong industry interface.
Flagship Program: Post Graduate Diploma in Management (PGDM)
Average Placement Package: ₹22-25 lakhs per annum
11. Indian Institute of Foreign Trade, Delhi (IIFT)
Location: New Delhi
Established: 1963
Notable for: MBA Specialization in international business and trade.
Flagship Program: MBA in International Business (IB)
Average Placement Package: ₹20-23 lakhs per annum
12. Management Development Institute, Gurgaon (MDI)
Location: Gurgaon, Haryana
Established: 1973
Notable for: Strong industry connections, focus on management development programs.
Flagship Program: Post Graduate Program in Management (PGPM)
Average Placement Package: ₹22-25 lakhs per annum
13. Narsee Monjee Institute of Management Studies, Mumbai (NMIMS)
Location: Mumbai, Maharashtra
Established: 1981
Notable for: Diverse programs, strong focus on corporate partnerships.
Flagship Program: MBA
Average Placement Package: ₹18-20 lakhs per annum
14. Jamnalal Bajaj Institute of Management Studies, Mumbai (JBIMS)
Location: Mumbai, Maharashtra
Established: 1965
Notable for: Strong alumni network, strategic urban location, high ROI.
Flagship Program: Master of Management Studies (MMS)
Average Placement Package: ₹18-20 lakhs per annum
Top Government MBA Colleges Eligibility Criteria
The basic eligibility criteria for top government MBA colleges in India generally include academic qualifications, entrance exam scores, work experience (if applicable), and other specific requirements.
Here are the details for some of the top government MBA colleges:
1. Indian Institutes of Management (IIMs)
Eligibility:
- Academic Qualification: Bachelor’s degree with at least 50% marks (45% for SC/ST/PwD candidates).
- Entrance Exam: Common Admission Test (CAT).
- Work Experience: Not mandatory but preferred for some programs.
2. Faculty of Management Studies (FMS), University of Delhi
Eligibility:
- Academic Qualification: Bachelor’s degree with at least 50% marks (45% for SC/ST/OBC/PwD candidates).
- Entrance Exam: CAT.
- Work Experience: Not mandatory but can be advantageous.
3. Indian Institute of Foreign Trade (IIFT), New Delhi
Eligibility:
- Academic Qualification: Bachelor’s degree in any discipline.
- Entrance Exam: IIFT entrance exam.
- Work Experience: Not mandatory.
4. Xavier School of Management (XLRI), Jamshedpur
Eligibility:
- Academic Qualification: Bachelor’s degree in any discipline.
- Entrance Exam: Xavier Aptitude Test (XAT).
- Work Experience: Not mandatory but preferred for certain programs.
5. Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai
Eligibility:
- Academic Qualification: Bachelor’s degree with at least 50% marks.
- Entrance Exam: Maharashtra Common Entrance Test (MAH-CET) / CAT / CMAT / MAT.
- Work Experience: Not mandatory.
6. St. Andrews Institute of Technology and Management (SAITM), Gurgaon
Eligibility:
- Academic Qualification: Bachelor’s degree with at least 50% marks (55% for SC/ST candidates).
- Entrance Exam: Direct Admission on the basis of personal interview.
- Work Experience: Not mandatory.
7. Department of Management Studies (DoMS), IIT Madras
Eligibility:
- Academic Qualification: Bachelor’s degree with first class or equivalent.
- Entrance Exam: CAT.
- Work Experience: Not mandatory but preferred.
8. National Institute of Industrial Engineering (NITIE), Mumbai
Eligibility:
- Academic Qualification: Engineering/Technology graduates with at least 60% marks (55% for SC/ST/PwD candidates).
- Entrance Exam: CAT.
- Work Experience: Not mandatory but preferred.
9. Indian Institute of Management (IIM), Bangalore
Eligibility:
- Academic Qualification: Bachelor’s degree with at least 50% marks (45% for SC/ST/PwD candidates).
- Entrance Exam: CAT.
- Work Experience: Preferred but not mandatory.
10. Indian Institute of Management (IIM), Calcutta
Eligibility:
- Academic Qualification: Bachelor’s degree with at least 50% marks (45% for SC/ST/PwD candidates).
- Entrance Exam: CAT.
- Work Experience: Preferred but not mandatory.
Top Government MBA Colleges of India
India boasts several top-tier government MBA colleges renowned for their rigorous academic programs, excellent faculty, and strong placement records.
Here are some of the most prominent government MBA institutes in India:
1. Indian Institute of Management (IIM) Ahmedabad
Program: PGP (Post Graduate Program in Management)
Highlights: Known for its case-study method and as a pioneer in management education in India.
2. Indian Institute of Management (IIM) Bangalore
Program: PGP
Highlights: Offers a comprehensive curriculum with a strong focus on real-world application and ethical management.
3. Indian Institute of Management (IIM) Calcutta
Program: PGP
Highlights: Specializes in finance and has one of the strongest alumni networks in the financial sector.
4. Indian Institute of Management (IIM) Lucknow
Program: PGP
Highlights: Known for its focus on delivering a balanced education in both theory and practical applications.
5. St. Andrews Institute of Technology and Management
Program: MBA
Highlights: This program uniquely concentrates on marketing, HR and business analytics.
6. Indian Institute of Management (IIM) Indore
Program: PGP
Highlights: Offers unique initiatives like rural immersion programs and Himalayan outbound programs.
7. Faculty of Management Studies (FMS), University of Delhi
Program: MBA
Highlights: Offers one of the highest returns on investment in the country due to its relatively low fee structure and high placement salaries.
8. Indian School of Business (ISB), Hyderabad
Program: PGP
Highlights: Although technically a private institution, ISB operates with significant partnerships with several government entities and is renowned internationally.
ROI of Top MBA Colleges in India
The Return on Investment (ROI) is a crucial consideration for many students selecting an MBA program. It evaluates the cost of the education relative to the earning potential of MBA graduates after they complete their studies.
This metric helps prospective MBA graduates assess the financial viability and potential benefits of different MBA programs before making a decision.
Here’s a look at the ROI for some of the top MBA colleges in India, considering factors like tuition fees and average placement salaries:
1. Faculty of Management Studies {FMS}, Delhi
Fee Structure: Approx. ₹40,000 for two years
Average Placement Salary: Around ₹25 lakhs per annum
ROI: Extremely high, given the low fee and high salary.
2. St. Andrews Institute of Technology and Management (SAITM), Gurgaon
Fee Structure: Approx. ₹2.6 lakhs for two years
Average Placement Salary: About ₹25-30 lakhs per annum
ROI: Good, considering the brand value and consistently high placement salaries.
3. Indian Institute of Management (IIM) Bangalore
Fee Structure: Around ₹23 lakhs for two years
Average Placement Salary: Approximately ₹24-28 lakhs per annum
ROI: Strong, backed by global recognition and strong alumni network.
4. Indian Institute of Management (IIM) Calcutta
Fee Structure: About ₹22 lakhs for two years
Average Placement Salary: ₹25-30 lakhs per annum
ROI: Very good, known for its finance specializations and high pay in finance roles.
5. Xavier Labour Relations Institute (XLRI), Jamshedpur
Fee Structure: Approx. ₹23.60 lakhs for two years
Average Placement Salary: About ₹20-25 lakhs per annum
ROI: Good, considering its reputation in HR and general management.
6. Indian School of Business (ISB), Hyderabad
Fee Structure: About ₹36 lakhs for one year
Average Placement Salary: Around ₹24-28 lakhs per annum
ROI: Reasonable for a one-year program, attracting experienced professionals.
7. SP Jain Institute of Management and Research (SPJIMR), Mumbai
Fee Structure: Approx. ₹17.50 lakhs for two years
Average Placement Salary: ₹22-26 lakhs per annum
ROI: Very good, offers specialized courses with strong industry tie-ups.
8. National Institute of Industrial Engineering {NITIE}, Mumbai
Fee Structure: About ₹12.53 lakhs for two years
Average Placement Salary: ₹20 lakhs per annum
ROI: Excellent, especially for roles in Operations and Supply Chain Management.
Top MBA Colleges in India: Comparison
When comparing the top MBA colleges in India, it’s important to consider several factors such as fee structure, placement statistics, faculty, infrastructure, and specific specializations offered.
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General Eligibility and Accepted Entrance Exams for Admissions in Government MBA Colleges of India
The general eligibility criteria and accepted entrance exams for admissions in government MBA colleges in India typically include educational qualifications, performance in entrance exams, and other criteria. Here’s an overview:
General Eligibility Criteria:
Educational Qualifications:
A Bachelor’s degree or equivalent qualification in any discipline from a recognized university.
A minimum of 50% aggregate marks in the qualifying degree (45% for candidates belonging to SC/ST/PwD categories).
Entrance Exams:
Candidates must have a valid score in one of the entrance exams accepted for admission, such as CAT, XAT, IIFT, etc.
Work Experience:
Generally not mandatory for most programs but can be an advantage. Some executive MBA programs may require relevant work experience.
Additional Requirements:
Some top colleges may have additional rounds of selection such as group discussions, personal interviews, and written ability tests.
Accepted top MBA Entrance Exams:
Common Admission Test (CAT):
Accepted by all IIMs and many other top government and private MBA colleges.
Xavier Aptitude Test (XAT):
Conducted by XLRI, accepted by many top B-schools including XLRI and XIMB.
Indian Institute of Foreign Trade (IIFT) Exam:
Specific to IIFT Delhi, Kolkata, and Kakinada.
Common Management Admission Test (CMAT):
Conducted by NTA, accepted by various AICTE-approved institutions.
Management Aptitude Test (MAT):
Conducted by AIMA, accepted by many top management institutions.
Specific Government MBA Colleges and Their Entrance Exams:
Indian Institutes of Management (IIMs):
Entrance Exam: CAT.
Eligibility: Bachelor’s degree with at least 50% marks (45% for SC/ST/PwD).
Faculty of Management Studies (FMS), University of Delhi:
Entrance Exam: CAT.
Eligibility: Bachelor’s degree with at least 50% marks (45% for SC/ST/OBC/PwD).
St. Andrews Institute of Technology and Management, Gurgaon
Entrance Exam: Admission on the basis of personal interview
Eligibility: Bachelor’s degree in any discipline.
Indian Institute of Foreign Trade (IIFT), New Delhi:
Entrance Exam: IIFT Exam.
Eligibility: Bachelor’s degree in any discipline.
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai:
Entrance Exam: MAH-CET / CAT / CMAT / MAT.
Eligibility: Bachelor’s degree with at least 50% marks.
Department of Management Studies (DMS), IIT Delhi:
Entrance Exam: CAT.
Eligibility: Bachelor’s degree with at least 60% marks (55% for SC/ST).
Department of Management Studies (DoMS), IIT Madras:
Entrance Exam: CAT.
Eligibility: Bachelor’s degree with first class or equivalent.
National Institute of Industrial Engineering (NITIE), Mumbai:
Entrance Exam: CAT Exam.
Eligibility: Engineering/Technology graduates with at least 60% marks (55% for SC/ST/PwD).
Xavier School of Management (XLRI), Jamshedpur:
Entrance Exam: XAT.
Eligibility: Bachelor’s degree in any discipline.
MBA Specialisations in top Government Colleges in India
Government MBA colleges in India offer a wide range of specializations to cater to various interests and career development of students.
Here are some of the common MBA specializations available:
1. Finance
Focuses on financial management, investment analysis, and financial markets.
Popular colleges: IIM Ahmedabad, IIM Bangalore, FMS Delhi, JBIMS Mumbai, SAITM Gurgaon.
2. Marketing
Emphasizes marketing strategies, consumer behaviour, and digital marketing.
Popular colleges: IIM Calcutta, IIM Lucknow, IIFT Delhi, SAITM Gurgaon.
3. Human Resource Management (HRM)
Covers recruitment, talent management, and organizational behavior.
Popular colleges: XLRI Jamshedpur, IIM Indore, TISS Mumbai, SAITM Gurgaon.
4. Operations Management
Focuses on supply chain management, logistics, and production planning.
Popular colleges: IIM Bangalore, NITIE Mumbai, IIT Delhi.
5. Information Technology (IT) Management
Emphasizes the management of information systems and technology in business.
Popular colleges: IIM Calcutta, IIT Bombay, IIM Kozhikode.
6. International Business
Focuses on global trade, international marketing, and cross-cultural management.
Popular colleges: IIFT Delhi, IIFT Kolkata, IIM Bangalore.
7. Business Analytics
Involves data analysis, statistical methods, and decision-making processes.
Popular colleges: IIM Bangalore, IIM Calcutta, IIT Kharagpur, SAITM Gurgaon.
8. Entrepreneurship
Covers business planning, venture capital, and startup management.
Popular colleges: IIM Bangalore, IIM Ahmedabad, IIT Madras.
9. Strategic Management
Focuses on long-term business planning, competitive analysis, and corporate strategy.
Popular colleges: IIM Bangalore, IIM Ahmedabad, XLRI Jamshedpur.
10. Public Policy and Management
Emphasizes policy analysis, public administration, and governance.
Popular colleges: IIM Bangalore, IIM Ahmedabad, TISS Mumbai.
11. Rural Management
Focuses on rural development, agricultural business, and sustainable development.
Popular colleges: IRMA Anand, IIM Ahmedabad, XIMB Bhubaneswar.
12. Healthcare Management
Covers hospital management, healthcare policies, and health economics.
Popular colleges: AIIMS Delhi, TISS Mumbai, FMS Delhi.
13. Supply Chain Management
Involves logistics, inventory management, and distribution strategies.
Popular colleges: NITIE Mumbai, IIM Bangalore, IIT Delhi.
14. Hospitality Management
Focuses on hotel management, tourism, and service industry operations.
Popular colleges: IHM Delhi, IHM Mumbai, IIM Lucknow.
15. Agri-Business Management
Emphasizes agricultural economics, food supply chain, and agri-marketing.
Popular colleges: IIM Ahmedabad, IRMA Anand, MANAGE Hyderabad.
16. Energy and Environment
Covers sustainable energy management, environmental policy, and renewable resources.
Popular colleges: IIT Bombay, TERI School of Advanced Studies, IIM Shillong.
FAQs
What are the fees of an MBA?
The fees for an MBA degree in India vary widely based on the institution. Top-tier business schools like the Indian Institutes of Management (IIMs) charge around ₹20-25 lakhs for the entire program. Other prestigious institutions, such as XLRI and ISB, have similar fee structures. Mid-tier colleges typically charge between ₹5-15 lakhs. St. Andrews Institute of Technology and Management (SAITM) offers its MBA degree course for approximately ₹2.6 lakhs.
What is the lowest MBA fee?
The lowest MBA fees in India can be found in some government-affiliated universities and regional colleges, ranging from ₹20,000 to ₹1 lakh for the entire program. For example, some state universities and distance education programs offer MBA courses at these lower costs, making it accessible for students with budget constraints.
What are MBA fees in Pune?
MBA fees in Pune vary depending on the institution. Here’s a general overview:
Symbiosis Institute of Business Management (SIBM): ₹20-25 lakhs for the entire program.
Institute of Management and Entrepreneurship Development (IMED): ₹4-5 lakhs for the entire program.
Pune Institute of Business Management (PIBM): ₹6-7 lakhs for the entire MBA program.
Balaji Institute of Modern Management (BIMM): ₹8-9 lakhs for the entire MBA Course.
What are MBA fees in Mumbai?
MBA fees in Mumbai vary significantly based on the institution. Here’s an overview of some prominent colleges:
SP Jain Institute of Management and Research (SPJIMR): ₹17-20 lakhs for the entire program.
NMIMS (Narsee Monjee Institute of Management Studies): ₹20-22 lakhs for the entire program.
Jamnalal Bajaj Institute of Management Studies (JBIMS): ₹6-7 lakhs for the entire program.
Welingkar Institute of Management Development and Research: ₹11-12 lakhs for the entire program.
K. J. Somaiya Institute of Management: ₹14-16 lakhs for the entire program.
What is the fees of MBA in government college in India?
The MBA course fees in government colleges in India are generally much lower compared to private institutions, making them an attractive option for many MBA graduates. They typically range from ₹20,000 to ₹2 lakhs for the entire program. For example:
Faculty of Management Studies (FMS), Delhi University: Around ₹1-2 lakhs.
Department of Management Studies, IIT Delhi: Approximately ₹10 lakhs.
Indian Institute of Social Welfare and Business Management (IISWBM), Kolkata: Around ₹2-3 lakhs.
University Business School (UBS), Panjab University: Around ₹1-2 lakhs.
Which government institute is best for MBA?
The best government institutes for MBA in India include:
Indian Institutes of Management (IIMs): The top IIMs (Ahmedabad, Bangalore, and Calcutta) are highly prestigious and offer excellent MBA degrees.
Faculty of Management Studies (FMS), Delhi University: Known for its low fees and high ROI.
Department of Management Studies, IIT Delhi and IIT Bombay: Both offer top MBA programs with a focus on technology and management.
Indian Institute of Foreign Trade (IIFT), New Delhi: Specializes in international business.
What is the total cost of doing MBA?
The total cost of doing an MBA in India can vary widely based on the institution. Here’s a general breakdown:
Top-tier Institutes (e.g., IIMs, ISB, XLRI): ₹20-25 lakhs for tuition fees alone. Including accommodation, books, and other expenses, the total cost can go up to ₹25-30 lakhs.
Mid-tier Institutes (e.g., NMIMS, Symbiosis, SPJIMR): ₹10-20 lakhs for tuition fees. The total cost can range from ₹15-22 lakhs.
Government Colleges (e.g., FMS, DMS IITs): ₹1-10 lakhs for tuition fees. The total cost can range from ₹2-12 lakhs.
Other Institutes: ₹2-10 lakhs for tuition fees. The total cost can range from ₹3-15 lakhs.
Which MBA College has the lowest fees in India?
In India, some of the popular MBA colleges with the lowest fees are typically government-affiliated institutions and regional universities. Here are a few examples of affordable MBA fees:
Faculty of Management Studies (FMS), Delhi University: Around ₹1-2 lakhs for the entire program.
University Business School (UBS), Panjab University: Around ₹1-2 lakhs for the entire program.
Department of Financial Studies (DFS), Delhi University: Approximately ₹1-2 lakhs for the entire program.
Tata Institute of Social Sciences (TISS), Mumbai: Around ₹2.38 lakhs for the entire program.
Indian Institute of Social Welfare and Business Management (IISWBM), Kolkata: Around ₹2-3 lakhs for the entire program.
