Important Facts
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:
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 |
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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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
Many universities offer MBA in Online mode. Here we have mentioned them:
Online MBA University/ Institute |
Fees |
INR 36,000/ sem |
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INR 42,500/sem |
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INR 43,750/ sem |
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INR 42,500/sem |
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INR 40,000/ sem |
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INR 50,000/sem |
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INR 22,500/sem |
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INR 22,500/sem |
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INR 20,000/sem |
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INR 20,500/sem |
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INR 13,650/sem |
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 |
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 |
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 |
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 |
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.
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:
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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 :
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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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