MBA fees in India ranges from INR 20,000 to INR 40 lakh for two-year full-time program. Take a look at MBA college fees in India range-wise also know the reason why MBA fee structure varies from one institute to another.
OVERVIEW
MBA fees in India for the full-time programme ranges from INR 20,000 to INR 40 lakh. While the fees of MBA programmes offered by universities and government colleges are pocket friendly, the same programme offered by private institutes are expensive.
MBA college fee in India depends on several factors like infrastructure, hostel facility, extra-curricular activities and pedagogy. For example, if an MBA institute offers international immersion programme wherein the candidates have to visit a foreign university for a semester or a certain duration, the course fee of that institute will be high. On the other hand, if the MBA institute is funded by the government, the fees will be low.
MBA fees of top B-Schools other than IIMs
Some of the top B-Schools apart from the IIMs are FMS Delhi, XLRI-Jamshedpur, MDI-Gurgaon, SPJIMR-Mumbai and IIFT-Delhi. These institutes offer the best of infrastructure, faculty, pedagogy, international exposure and placements. MBA fees of these B-schools range from INR 11 to INR 30 lakh. The only exception here is FMS-Delhi whose fee is INR 1.92 lakh. Take a look MBA fees of some of the top B-schools in India other than IIMs.
| B-School | Course Name | **Fees |
|---|---|---|
| FMS-Delhi | MBA | INR 1.92 lakh |
| XLRI Jamshedpur-Xavier School of Management | PGDM | INR 23.15 lakh |
| MDI-Gurgaon | PGPM | INR 24 to 28 lakh |
| SPJIMR-Mumbai | PGDM | INR 23.50 lakh |
| IIFT-New Delhi | MBA International Business | INR 21.77 lakh |
| ISB-Hyderabad | PGPM | INR 38 to 41 lakh |
| Symbiosis Institute Of Business Management-Pune | MBA | INR 24.59 lakh |
| Jamnalal Bajaj Institute of Management Studies-Mumbai | MMS | INR 6.00 lakh |
| IMI-Delhi | PGDM | INR 18.20 lakh |
| NMIMS Mumbai-School of Business Management | MBA | INR 11.90 to 24.00 lakh |
| IMT-Ghaziabad | PGDM | INR 19.50 lakh |
| Prin. L. N. Welingkar Institute of Management Development & Research-Mumbai | PGDM | INR 94,000 to 14.00 lakh |
| BIMTECH-Greater Noida | PGDM | INR 14.00 lakh |
| K. J. Somaiya Institute of Management Studies And Research-Mumbai | PGDM International Business | INR 19.94 lakh |
| IRMA-Anand | PGDRM | INR 12.60 lakh |
| Xavier Institute of Management, XIMB-Bubaneshwar | MBA | INR 21.50 lakh |
| TAPMI-Manipal | PGDM | INR 16.50 lakh |
| Great Lakes Institute of Management-Chennai | PGPM | INR 19.95 lakh |
| Symbiosis Institute of Business Management-Bangalore | MBA | INR 18.00 lakh |
| Entrepreneurship Development Institute of India – Ahmedabad | PGDM Business Entrepreneurship | INRs 12.56 lakh |
| IIT Madras – Department of Management Studies | MBA | INR 15.00 lakh |
MBA fees less than INR 10 lakh
| *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 |
MBA fees less than INR 5 lakh
| *B-school | MBA/PGP Course Name | **Fees |
|---|---|---|
| Prin. L. N. Welingkar Institute of Management Development & Research-Mumbai | PGP Media and Entertainment Management | INR 3.00 lakh |
| Christ University, Bangalore | MBA Leadership and Management | INR 3.80 lakh |
| International School of Management and Research-ISMR | MBA | INR 3.20 lakh |
| CU – Chandigarh University | MBA Tourism and Hospitality Management | INR 4.00 lakh |
| Indira Institute of Management – IIMP | MBA | INRs 4.00 lakh |
| ASM’s Institute of Business Management and Research-IBMR | MBA | INR 3.20 lakh |
| Pune Institute of Business Management | PGDM | INR 4.05 lakh |
| Amity University | MBA Agriculture and Food Business | INR 4.47 lakh |
| AIMS Institute of Management Studies | MBA | INR 3.69 lakh |
| MIT Pune-MIT World Peace University | MBA | INR 3.50 lakh |
| DBS-Doon Business School | MBA International Business | INR 4.52 lakh |
| Gems B School, Bangalore | Corporate MBA | INR 4.20 lakh |
| Galgotias University-GU | MBA Healthcare and Hospital Management | INR 4.47 lakh |
| IES Management College and Research Centre (IES MCRC) | MMS | INR 4.20 lakh |
| DTU-Delhi Technological University (DCE) | MBA Business Analytics | INR 3.56 lakh |
| SRCC-Shri Ram College of Commerce | PGDM Global Business Operations | INR 3.20 lakh |
FAQ
MBA is a professional degree that includes classroom lectures as well as live projects. Moreover, many private MBA institutes have student exchange programmes with foreign universities. Also, the potential to earn after MBA is higher than any other course. This aspect is also taken into account while fixing fees. To understand in detail, read this article.
In India FMS, Delhi University is top ranked MBA institute with a low fee of INR 1.92 lakh for a full-time MBA programme. The fees of all government MBA institutes are less than that of private institutes because they are financially aided by the government. IIMs however, have high fees as it is not aided by the government despite being government institutes.
IIM MBA fees in high because it is an autonomous institution aided by the government i.e. although the government provide financial aid, it has no say in administrative decisions. The best infrastructure, teaching pedagogy and resources, international immersion programme cost a lot, which is why the fees of IIM courses are high.
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