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MBA Fees Structure In India 2024 - Top MBA Colleges Fees

Ishika Kumari Aug 28, 2024 1.1K Reads

MBA, Masters of Business Administration is a two-year postgraduate program offered by many top and elite universities in online, distance and regular modes. The fees of an MBA range between INR 20,000 and INR 40 lakhs and above. The costs of the government universities offering MBA is low while the fees of the private institutions offering MBA is high.

As we all know that MBA is a little expensive degree and the minimum fee is INR 1 Lakh for a full-time MBA. But an MBA is also offered in distance, online and part-time mode and the fees of such programs can be lower than regular MBA. Alos Read | What Is the Full Form of MBA

The fees of an MBA college depend on various factors like:

  • Infrastructure
  • Hostel facility
  • Extra Curricular Activities
  • Pedagogy
  • Location of institute 
  • Type of institution

For example- If an MBA institute is offering international immersion to the students in which they have to visit a foreign university for a semester, the fees of the course will be automatically high. In different cases, if the university is funded by the government the fees will be low.

Students planning to study an MBA course in this upcoming academic session should start searching for the best university and institute. If you want to study at a top university and institution like IIMs to pursue a regular MBA the candidate must appear for the entrance examination.

There are distance universities as well that offer MBA in distance mode. However, entrance may or may not be mandatory for the distance education program. Here are the different modes of MBA offered by the universities.

Online MBA 

Distance MBA 

Regular MBA 

To enrol in an online MBA degree course the candidates are not required to take entrance examinations. They just have to give the interview in some cases. 

To enrol in distance MBA course, the candidate may or may not be required to take the entrance examination. Some Universities ask for entrance while some don’t. 

To enrol in a regular MBA program, the candidates must take the entrance examination. 

In Online MBA the students get complete facilities in online mode. 

Distance MBAs lack some facilities. 

In Regular MBA the candidates get all the facilities. It depends on the college chosen. 

In Online MBA there is no need to visit the university. 

In a distance MBA the candidate has to visit the university sometimes. 

In regular MBA the candidates must visit the university every day. 

In Online MBA, the candidate does not have to visit the university, you can give examinations and assignments in online mode.

In distance MBA, the candidate has to visit the university for examination and assignment submission. 

In a regular MBA program, the candidate has to visit the university for assignment submission and examination. 

Here are the Compare Top Online University:

Compare Top Online University

MBA for Working Professionals

Part Time MBA

Executive MBA for Working Professionals

MBA After MBBS

IIM Online MBA

IIM Distance MBA

MBA After BCA

MBA After BA

MBA After BTech

MBA After BSc

MBA After BCom

IIM Executive MBA Online

MBA Fees Less than INR 10 lakh

Here are the universities and institutes offering MBAs in less than 10 Lakhs:

B-School

Course Name

Fees

IIT Delhi - Department of Management Studies

MBA Telecommunication Systems Management

INR 8.080 lakh

IIT Bombay - Shailesh J. Mehta School of Management

MBA

INR 8.32 lakh

NITIE-Mumbai

PGD Industrial Safety and Environmental Management

INR 8.50 lakh

IIT Kharagpur-Vinod Gupta School of Management

MBA

INR 9.30 lakh

BITS-Pilani

MBA

INR 9.26 Lakh

IIT Roorkee

MBA

INR 6.23 lakh

IIT Delhi - Department of Management Studies

MBA

INR 8.80 lakh

List of the MBA Colleges With Fee Structure Below 5 Lakhs 

Many Universities and institutes offer MBAs below 5 Lakhs. Here are the fees for the universities under 5 lakhs:

Name of the Institution

Fees

Sathyabama Institute of Science and Technology

INR 400,000

St. Kabir Institute of Professional Studies Ahmedabad

INR 4,95,000

Chandigarh University, Chandigarh

INR 4,20,000

SRM University Chennai

INR 5,00,000

Galgotias Institute of Management and Technology

INR 251,206

DBS-Doon Business School

INR 4.52 lakh

Firebird Institute of Research in Management Coimbatore

INR 4,80,000

Indian Institute of Social Welfare and Business Management

INR 364,500

FMS Delhi – Faculty of Management Studies University of Delhi

INR 1,00,000

JSS Academy of Higher Education and Research, Mysuru

INR 3,46,700

Ambedkar University, Delhi

INR 2,99,880

SIMSREE, Mumbai

INR 1,36,000

Doon University

INR 40,000

SIMSREE, Mumbai

INR 1,36,000

GD Goenka University – GDGU

INR 90,000

BITS Pilani

INR 2,18,000

Jamnalal Bajaj Institute of Management Studies (JBIMS)

INR 6,00,000

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

Guru Nanak Institute of Management Studies, Mumbai

INR 2,77,200

Galgotias Institute of Management and Technology

INR 2,51,206

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

Indian Institute of Social Welfare and Business Management

INR 3,64,500

School of Management Studies, University of Hyderabad

INR 1,64,600

SIMSREE Mumbai – Sydenham Institute of Management Studies Research and Entrepreneurship Education

INR 134,000

DoMS Indian Institute of Science – Department of Management Studies, Indian Institute of Science

INR 302,800

Amity University, Noida

INR 165,000

Bharati Vidyapeeth’s Institute of Management and Entrepreneurship Development

INR 450,000

Indian Maritime University

INR 400,000

SAGE University, Indore

INR 140,000

DAVV Indore – Institute of Management Studies, Devi Ahilya University

INR 120,000

Hindustan Institute of Technology and Science

INR 114,000

Christ University

INR 3,57,500

University College of Commerce and Business Management, Osmania University

INR 20,000

ITS Institute of Technology and Science, Mohan Nagar

INR 260,000

Department of Management Studies, Anna University

INR 56,550

Cochin University of Science and Technology

INR 42,000

Dr DY Patil University, Navi Mumbai

INR 175,000

Asia-Pacific Institute of Management

INR 3,60,000

Sai Balaji International Institute of Management Sciences

INR 157,600

LN Welingkar Institute of Management Development and Research

INR 149,265

St. Kabir Institute of Professional Studies Ahmedabad

INR 4,95,000

Jamnalal Bajaj Institute of Management studies (JBIMS)

INR 6,00,000

Delhi School of Management, Delhi Technological University

INR 396,000

Guru Nanak Institute of Management Studies, Mumbai

INR 2,77,200

PSG Tech – PSG College of Technology, Coimbatore

Not Prescribed

School of Management Studies, University of Hyderabad

INR 1,64,600

Bharati Vidyapeeth’s Institute of Management Studies and Research

INR 3,50,000

SRM University, Chennai

INR 5,00,000

NIT Warangal – National Institute of Technology

INR 1,79,500

List of the Universities with fees under 1 lakhs 

Many universities offer MBAs under one lakh. Here is the list:

B-school

Course Name

Fees

WE School-Prin. L. N. Welingkar Institute of Management Development and Research

PGP Foreign Trade Management

INR 94,400

Jamia Millia Islamia-JMI

MBA in International Business

INR 33,170

BK School of Business Management

MBA in Maritime Management

INR 80,000

Department of Financial Studies, University of Delhi

MBA in Financial Management

INR 26,000

Amity University

PGD in Health and Wellness Management

INR 54,000

Maharshi Dayanand University-MDU

Master of Hotel Management and Catering Technology

INR 84,468

Institute of Management Studies, Banaras Hindu University

MBA in International Business

INR 98,888

Tata Institute of Social Sciences, Mumbai

PG Diploma in Community Media

INR 40,600

Vishwa Vishwani School of Business

MBA

INR 54,000

University Business School, Chandigarh-Panjab University

MBA HRM

INR 60,000

Garware Institute of Career Education and Development, University of Mumbai

PGD Retail Management

INR 65,420

Utkal University

PGD Banking & Insurance Management

INR 40,600

YMCA-New Delhi

PGD Aviation & Tourism Management

INR 61,256

Maharshi Dayanand University Center, Dwarka

MBA

INR 48,000

Chaitanya Bharathi Institute of Technology

MBA

INR 86,000

Indian Institute of Social Welfare and Business Management-IISWBM

PGD Supply Chain and Logistics Management

INR 70,000

Babu Banarasi Das University

PGD Sports Management

INR 80,000

Andhra University, Visakhapatnam

MHRM

INR 24,440

Gujarat University

PGD Export-Import & International Finance

INR 6,000

Patna University

PGD HRD

INR 9,500

AMU - Aligarh Muslim University

PGD Public Relations

INR 3,500

University College of Commerce and Business Management, Osmania University

MBA Technology Management Programme

INR 20,000

Doon University

PGD Security Management

INR 40,000

Department of Management Studies, Anna University

MBA

INR 56,550

Gauhati University-GU

Master of Business Economics

INR 14,090

GD Goenka University-GDGU

PGD Supply Chain Management

INR 90,000

CUSAT-Cochin University of Science and Technology

MBA

INR 42,000

Fee structure for MBA in Government Colleges 2024(Less than 1 lakh)

Here is the list of the government universities that offer MBA under 1 Lakh :

Colleges

Annual Course Fees

University of Delhi, Faculty of Management Studies, New Delhi

INR 96,000

Jamia Millia Islamia University, New Delhi

INR 65,100

Institute of Management Studies, Banaras Hindu University, Varanasi

INR 1,20,767

Pondicherry University, Pondicherry

INR 74,718

Department of Management Studies, Anna University, Chennai

INR 20,500

Department of Management Science, Savitribai Phule Pune University, Pune

INR 66,194

University of Jammu, Jammu

INR 78,071

RKDF University, Bhopal

INR 50,000

Ganpat University, Mehsana

INR 95,000

Maharaja Sayajirao University of Baroda, Vadodara

INR 14,500

Fee Structure of the Private Universities 2024 (Less than 10 lakhs)

Here is the list of the private universities offering MBAs under 10 lakh fees:

Colleges

Annual Course Fees

Woxsen University, Hyderabad

INR 6,95,000

Vinod Gupta School of Management, Kharagpur

INR 5,21,900

Symbiosis Institute of Business Management, Pune

INR 9,60,000

KIIT School of Management, Bhubaneswar

INR 6,80,000

ICFAI Foundation for Higher Education, Hyderabad

INR 7,02,000

Amity University, Noida

INR 3,40,000

Institute of Management, Nirma University, Ahmedabad

INR 5,02,000

Xavier University, Bhubaneswar

INR 7,20,000

Bharathidasan Institute of Management, Tiruchirappalli

INR 7,09,101

Vellore Institute of Technology, Vellore

INR 3,51,500

MBA Fees Structure of the Top Non-IIMs 

Here you will see the fee structure for non-IIMs:

Name of the Institution, City

Entrance Exams

Accepted

Courses Offered

Fees

Faculty of Management Studies – FMS

CAT

MBA

INR 50,000

XLRI (Xavier School of Management), Jamshedpur

XAT, GMAT

PGDM (BM), ExPGDM PGDM (BM), Three Year XLRI – Rutgers Double Masters Programme, PGDM (HRM), Fellow Programme & Research FPM, Executive FPM

INR 16.8 L

S.P Jain Institute of Management & Research – SPJIMR

CAT, XAT, GMAT

PGDM

INR 17.5 L

IIFT Indian Institute of Foreign Trade

IIFT

MBA

INR 7.6 L

Jamnalal Bajaj Institute of Management Studies – JBIMS

MAH-CET, CAT, CMAT, MAT, ATMA

MMS

INR 6.00 L

Symbiosis Institute of Management, Pune

SNAP

MBA

INR 20.5 L

Narsee Monjee Institute of Management Studies – NMIMS

NMAT

MBA

INR 18.00 L

Shailesh J. Mehta School of Management – SJMSOM IIT, Mumbai

CAT

MBA

INR 8.75 L

NITIE, Mumbai

CAT

PGDEX-VLFM, PGDIE, PGDSM

INR 14.63 L

Tata Institute of Social Sciences – TISS, Mumbai

TISS

MA

INR 2.43 L

MICA, Ahmedabad

MICAT, CAT, XAT, GMAT

PGP/FPM/CCC

INR 21.00 L

Indian School of Business – ISB Hyderabad

GMAT

PGPM

INR 32.82 Lakhs

Institute of Rural Management Anand, Gujarat – IRMA

CAT/XAT

PGDRM

INR 5.54 Lakhs

Management of Development Studies – MDI

CAT

PGPM/PGP-HR/PGP-IM

INR 19.8 Lakhs

Institute of Management Technology – IMT Ghaziabad

CAT/XAT/GMAT

PGDM

Rs 19.00 Lakhs

Birla Institute of Technology & Science (BITS), Pilani

BAAT/XAT/CAT/GMAT

MBA-BA

INR 2,18,500/- Per Semester

VGSoM – Vinod Gupta School of Management – IIT Kharagpur

CAT

MBA

Rs 11.5 Lakhs

DoMS – IIT Madras

CAT

MBA

Rs 8 Lakhs

Xavier Institute of Management – XIMB, Bhubaneswar

XAT, CAT, GMAT

MBA

Rs 17.3 Lakhs

DMS, IIT Delhi

CAT

MBA

Rs 9.6 Lakhs

TAPMI Manipal

CAT, XAT, GMAT

PGDM

Rs 14.60 Lakhs

PUMBA Mumbai

CMAT/CAT/MH-CET

MBA++ / MBA (BIOTECH)/EXECUTIVE MBA /PhD

INR 65000

Goa Institute of Management

XAT/CAT/ GMAT/CMAT

PGDM, PGDM (HCM), PGDM (BDA), PGDM (BIFS), PGDM – PART TIME, MDP FPM

INR18.07 L

FORE School of Management, Delhi

CAT/XAT/GMAT

PGDM, PGDM (IB), PGDM (FM), PGDM (BDA), Full-Time Fellow Program in Management (FPM)

INR 16.98 L

L. N. Welingkar Institute of Management Development & Research, Mumbai

CAT/CMAT/XAT/ATMA/GMAT

PGDM/ MMS/PGP

INR 6.50 L

MBA Fees Structure of Top IIMs

IIMs are famous for offering MBAs to students.

Here is the fee structure for IIMs:

Institute 

Fees 

IIM Ahmedabad

INR 23,00,000 Lakhs

IIM Bangalore

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

MBA Fees in IITs 

Here are the fees for the MBA in IITs:

Colleges

Annual Course Fees

IIT Kanpur

INR 1,54,050

IIT Madras, Chennai

INR 4,00,000

IIT Roorkee

INR 4,20,500

IIT Dhanbad

INR 1,77,500

IIT Kharagpur

INR 3,14,300

IIT Bombay

INR 2,24,000

IIT Delhi

INR 4,80,000

Online MBA College Fees 

Many universities offer MBA in Online mode. Here we have mentioned them:

Online MBA University/ Institute 

Fees 

LPU Online MBA

INR 36,000/ sem

DY Patil University Online MBA 

INR 42,500/sem

Online Manipal MBA

INR 43,750/ sem 

Amrita Ahead Online MBA 

INR 42,500/sem 

Jain University Online MBA

INR 40,000/ sem

Sharda university MBA online

INR 50,000/sem

Bharathidasan University MBA online 

INR 22,500/sem

Shoolini University MBA online

INR 22,500/sem

Kurukshetra University MBA online

INR 20,000/sem

Uttranchal University MBA online

INR 20,500/sem

Andhra University Online MBA 

INR 13,650/sem 

MBA Colleges with low Fees in India 

Here are the universities with low fees for MBA in India:

Colleges

Course Name

Fees

International School of Management and Research- ISMR

MBA

INR 3.2 L

CU - Chandigarh University

MBA Tourism and Hospitality Management

INR 4 L- 6.6 L

SIMSREE, Mumbai

Post Graduate Diploma in Business Management

INR 51,000

Indira Institute of Management - IIMP

MBA

INR 30 K - 7 L

Amity University

MBA in Agriculture and Food Business

INR 4.2 L - 25.9 L

ASM’s Institute of Business Management and Research-IBMR

MBA

INR 3.2 L - 7 L

Ambedkar University

MBA

INR 2.1 L -2.5 L

DBS - Doon Business School

MBA International Business

INR 5.6 L - 9 L

AIMS Institute of Management Studies

MBA

INR 4 L - 5.9 L

Gems B School, Bangalore

Corporate MBA

INR 5. 4 L - 11 L

BK School of Business Management

MBA in Maritime Management

INR 40 K - 1 L

Galgotias University - GU

MBA Healthcare and Hospital Management

INR 90 K - 4.85 L

Maharishi Dayanand University (MDU)

Master of Hotel Management and Catering Technology

INR 1.1 K - 5 L

MBA Fees structure State Wise 

Here is the fee structure for Delhi Colleges to pursue an MBA:

Colleges

Annual Course Fees

Indian Institute of Foreign Trade, New Delhi

INR 7,60,000

University School of Management Studies, Guru Gobind Singh Indraprastha University, New Delhi

INR 70,000

Department of Commerce, University of Delhi, New Delhi

INR 15,696

Asia Pacific Institute of Management, New Delhi

INR 6,10,700

International Management Centre, New Delhi

INR 1,00,000

Delhi Technological University, New Delhi

INR 1,66,000

Periyar Management and Computer College, New Delhi

INR 87,000

Bharati Vidyapeeth Institute of Management and Research, New Delhi

INR 3,25,000

Indian School of Business Management and Administration, New Delhi

INR 95,900

Jawaharlal Nehru University, New Delhi

INR 6,00,000

Here is the fee structure for the Noida Collegs to pursue an MBA:

Amity University Noida Admission

INR 6 lakh – INR 21 lakh

Seats: 120

Amity Business School Admission

INR 7 lakh – INR 16 lakh

Seats: 120

Jaipuria Institute of Management Noida Admission

INR 15 lakh

Seats: 420

Institute of Management Studies Admission

INR 1 lakh – INR 8 lakh

Seats: 270

NTPC School of Business Admission

INR 16 lakh

Seats: 60

Asian Business School Admission

INR 8 lakh

Seats: 240

Indian Institute of Tourism and Travel Management Admission

INR 2 lakh

Seats: 93

CDAC Admission

INR 2 lakh

Seats: 60

Footwear Design and Development Institute Admission

INR 5 lakh

Seats: 60

Here is the fees structure for Mumbai Colleges to pursue MBA:

Colleges

Annual Course Fees

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

INR 10,42,000

Shailesh J. Mehta School Of Management, Mumbai

INR 4,88,100

KJ Somaiya Institute of Management, Mumbai

INR 7,17,050

Universal Business School, Mumbai

INR 5,49,000

N. L. Dalmia Institute Of Management Studies And Research, Mumbai

INR 8,00,000

Amity University, Mumbai

INR 5,15,000

National Institute of Management, Mumbai

INR 40,700

Guru Nanak Institute of Management Studies, Mumbai

INR 1,82,000

Indian Institute of Business Management and Studies, Mumbai

INR 50,800

S P Jain School of Global Management, Mumbai

INR 15,74,400

Here is the fee structure for Kolkata Colleges to pursue MBA:

Colleges

Annual Course Fees

Eastern Institute for Integrated Learning in Management, Kolkata

INR 5,25,000

Indian Institute of Social Welfare and Business Management, Kolkata

INR 3,09,000

Bharatiya Vidya Bhavan Institute of Management Science, Kolkata

INR 5,51,000

Institute of Management Study, Kolkata

INR 2,00,000

Institute of Engineering and Management, Kolkata

INR 3,00,000

Amity University, Kolkata

INR 3,90,000

Brainware University, Kolkata

INR 4,00,000

St. Xavier’s University, Kolkata

INR 5,55,000

Adamas University, Kolkata

INR 2,51,400

Sister Nivedita University

INR 3,51,000

MBA Fees In Canada 

Here is the fee structure for an MBA in Canada:

Name of the College

Average Course Fees (INR)

Desautels Faculty of Management

INR 55,90,410

Rotman School of Management

INR 33,91,287

Smith School of Business

INR 54,16,993

Schulich School of Business

INR 29,68,621

Ivey Business School

INR 67,02,787

MBA Fees In the USA 

Here is the fee structure for an MBA in the USA:

Name of the College

Average Course Fees (INR)

Harvard Business School

INR 1,11,70,692

MIT Sloan

INR 1,17,03,876

Columbia Business School

INR 1,17,77,437

Stanford Graduate School of Business

INR 1,13,64,276

University of Pennsylvania Wharton

INR 1,23,79,221

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Conclusion

We can say that many universities and institutes are offering MBAs in different modes. You can opt for any mode depending on the flexibility and availability offered. You have to take an entrance examination if you want to enrol in the regular MBA, but if you want to pursue an MBA with your job and you do not want to take the entrance, you can enrol in an online MBA program. The fees of the Online MBA are affordable compared to a regular MBA.

FAQs (Frequently Asked Questions)

MBA fees range between INR 20,000 to INR 40 lakhs or even above for two years program. 

Here are the colleges with low MBA fees: 

University

Course

Fees 

International School of Management and Research- ISMR

MBA

INR 3.2 L

IGNOU

MBA 

INR 0.37 L

CU - Chandigarh University

MBA Tourism and Hospitality Management

INR 4 L- 6.6 L

SIMSREE, Mumbai

Post Graduate Diploma in Business Management

INR 51,000

Indira Institute of Management - IIMP

MBA

INR 30 K - 7 L

Amity University

MBA in Agriculture and Food Business

INR 4.2 L - 25.9 L

ASM’s Institute of Business Management and Research-IBMR

MBA

INR 3.2 L - 7 L

Ambedkar University

MBA

INR 2.1 L -2.5 L

DBS - Doon Business School

MBA International Business

INR 5.6 L - 9 L

AIMS Institute of Management Studies

MBA

INR 4 L - 5.9 L

Gems B School, Bangalore

Corporate MBA

INR 5. 4 L - 11 L

BK School of Business Management

MBA in Maritime Management

INR 40 K - 1 L

Galgotias University - GU

MBA Healthcare and Hospital Management

INR 90 K - 4.85 L

Maharishi Dayanand University (MDU)

Master of Hotel Management and Catering Technology

INR 1.1 K - 5 L

In total, it can cost INR 20,000 to INR 40 Lakhs and above to pursue an MBA course in India. 

Here is the fees for the MBA in Delhi :

College Name

Average Median Package

Total Tuition Fee

JMI Delhi MBA

INR 8 LPA

INR 39,000- INR 3 lakh

IIFT Delhi MBA

INR 24 LPA

INR 17 lakh - INR 22 lakh

FORE School of Management MBA

INR 14 LPA

INR 18 lakh

IMI Delhi MBA

INR 14 LPA

INR 21 lakh

 

Various factors make the MBA fees too high. The infrastructure and facilities offered make the fees high for an MBA. 

The fee for the MBA in DUSOL for the first year is INR 51,820. 

At DU the MBA fees range around INR 2,00,000 which covers tuition fees. 

The total MBA fees in IGNOU ranges around INR 62,000 for the whole program. 

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By Ishika Kumari

7 Years of Experience / Narrator

The journey of my content writing has been a way for me to transform, a path where I could turn my creativity into writing and boost communication skills simultaneously. This path has enabled me to craft compelling stories and taught me the details about engaging with audiences and mastering digital marketing strategies.

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