Full-Time MBA Programs in India: Top Colleges with Low Fees and High ROI

By universitykart team, Posted on Jul 12, 2024
Full-Time MBA Program

If an MBA is your dream then it doesn't need to be expensive. We’ve listed below a couple of colleges that provide MBAs in various specializations at low fees in India. MBA is one of the foremost popular post-graduation programmes in India which supply you with lucrative career options. MBA is one of the most popular post-graduation programmes in India which offers lucrative career options. But, an MBA can be a costly affair. However, if MBA is your dream then it doesn’t necessarily have to be expensive. There are a lot of top institutes in India which offer MBA programmes at fees that suit your budget. MBA programmes offered by government colleges and universities are much cheaper than the ones offered by private institutions.

Top MBA colleges in India with Low Fees offer high ROI MBA programmes. These Top B-schools in India include FMS Delhi, JBIMS Mumbai, UBS Chandigarh, and USMS Delhi among others. They charge a fee from Rs.50, 000 to Rs.6 Lakhs for the complete MBA program as against many of the expensive MBA colleges in a fee range of Rs.18 lakhs to 25 lakhs, but their Placements with top IIMs and other top B-

B-school

Course Name

Fees

International School of Management and Research- ISMR

MBA

INR 3.2 L

SIMSREE, Mumbai

Post Graduate Diploma in Business Management

INR 51,000

CU - Chandigarh University

MBA Tourism and Hospitality Management

INR 4 L- 6.6 L

Indira Institute of Management - IIMP

MBA

INR 30 K - 7 L

ASM’s Institute of Business Management and Research-IBMR

MBA

INR 3.2 L - 7 L

Amity University

MBA in Agriculture and Food Business

INR 4.2 L - 25.9 L

Ambedkar University

MBA

INR 2.1 L -2.5 L

AIMS Institute of Management Studies

MBA

INR 4 L - 5.9 L

DBS - Doon Business School

MBA International Business

INR 5.6 L - 9 L

Gems B School, Bangalore

Corporate MBA

INR 5. 4 L - 11 L

Galgotias University - GU

MBA Healthcare and Hospital Management

INR 90 K - 4.85 L

BK School of Business Management

MBA in Maritime Management

INR 40 K - 1 L

Maharishi Dayanand University (MDU)

Master of Hotel Management and Catering Technology

INR 1.1 K - 5 L

Full-time MBA programs in India with low fees

If an MBA is your dream then it doesn't need to be expensive. We’ve listed below a couple of colleges that provide MBAs in various specializations at low fees in India. MBA is one of the foremost popular post-graduation programmes in India which supply you with lucrative career options. MBA is one of the most popular post-graduation programmes in India which offers lucrative career options. But, an MBA can be a costly affair. However, if MBA is your dream then it doesn’t necessarily have to be expensive. There are a lot of top institutes in India which offer MBA programmes at fees that suit your budget. MBA programmes offered by government colleges and universities are much cheaper than the ones offered by private institutions.

Top MBA colleges in India with Low Fees offer high ROI MBA programmes. These Top B-schools in India include FMS Delhi, JBIMS Mumbai, UBS Chandigarh, and USMS Delhi among others. They charge a fee from Rs.50, 000 to Rs.6 Lakhs for the complete MBA program as against many of the expensive MBA colleges in a fee range of Rs.18 lakhs to 25 lakhs, but their Placements with top IIMs and other top B- schools.

Highlights: Full-Time MBA

Particulars

Details

MBA full form

Master of Business Administration

Course-level

Post-Graduation

Course Duration

Full-time MBA: 2 years

Online/Distance MBA: 1 - 4 years

Integrated MBA: 5 years

Eligibility Criteria

50% in graduation in any discipline

Admission Process

Entrance exam followed by group discussion and personal interview

Entrance Exams

CAT, MAT, XAT, CMAT, NMAT, ATMA, IIFT, IBSAT

Top MBA Colleges

IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIT Delhi

Average Fees

INR 10 - 20 lakhs

Top Recruiters

Amazon, Boston Consulting Group, JP Morgan, McKinsey, Morgan Stanley, Apple, Deloitte, Facebook, ICICI Bank

Average Salary 

INR 15 - 30 LPA

MBA fees less than INR 10 lakh

Most of the MBA colleges in this fee range are the departments of management studies of IITs. The MBA programs offered by these institutes are not only economical as compared to private B-Schools but are also highly ranked in the annual ranking by MHRD-NIRF and offer excellent placement opportunities. Take a look at colleges with MBA fees of 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

MBA colleges in this fee range include popular institutes like Symbiosis International University (Deemed), and Prin. L N Welingkar, Christ University, Chandigarh University, and Amity University. Take a look at colleges with MBA fees of 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

Full-time MBA programs in India with low fees

In India, several institutions offer high-quality full-time MBA programs at relatively low fees. Here are some of the top MBA programs that are affordable and provide excellent education and career opportunities:

College Name

Location

Fees

Famous For

1.Faculty of Management Studies (FMS), University of Delhi

 New Delhi

Approximately ?20,960 per year

FMS is known for its excellent ROI (Return on Investment) due to its low fees and high placement records. It offers various specializations in management.

2. Department of Management Sciences (PUMBA), University of Pune

 Pune

Approximately ?1.3 lakh per year

PUMBA offers an MBA program with specializations in marketing, finance, systems, operations, and HR. It is well-regarded for its academic rigor and industry connections.

3. Jamnalal Bajaj Institute of Management Studies (JBIMS)

 Mumbai

Approximately ?6 lakh for the entire course

JBIMS, affiliated with the University of Mumbai, offers a full-time MBA with various specializations. It is known for its strong alumni network and excellent placement records.

4. Tata Institute of Social Sciences (TISS)

 Mumbai

Approximately ?1.02 lakh per year

TISS offers an MBA in HRM and Labour Relations, which is highly regarded in the industry. It combines management education with a strong focus on social sciences.

5. University Business School (UBS), Panjab University

 Chandigarh

Approximately ?17,500 per semester

UBS offers MBA programs with specializations in various fields such as marketing, finance, HR, and international business. It is known for its robust academic curriculum and industry interface.

6. Department of Financial Studies (DFS), University of Delhi

 New Delhi

Approximately ?26,000 per year

DFS offers specialized MBA programs in finance and business economics, known for their rigorous curriculum and high placement rates.

7. Delhi School of Economics (DSE), University of Delhi

 New Delhi

Approximately ?18,000 per year

DSE offers an MBA in International Business and Human Resource Development, known for its quality education and industry recognition.

8. Indian Institute of Social Welfare and Business Management (IISWBM)

 Kolkata

Approximately ?3 lakh for the entire course

IISWBM is one of the oldest business schools in India, offering MBA programs with a focus on social welfare and business management.

9. Institute of Management Studies (IMS), Banaras Hindu University (BHU)

 Varanasi

Approximately ?60,000 per year

IMS BHU offers a full-time MBA program with various specializations and is known for its academic excellence and research orientation.

10. Symbiosis Institute of Business Management (SIBM), Pune

 Pune

Approximately ?8 lakh for the entire course

SIBM Pune offers a comprehensive MBA program with a strong focus on leadership and entrepreneurship. It is well-regarded for its excellent faculty and industry connections.

IIMs with Low Fee MBA

Among the IIMs, some institutes provide MBA programs with comparatively low fees. Some of the IIMs that offer MBA programs are listed in the table below.

IIMs with Low Fee MBA

MBA Fee Structure

IIM Amritsar

Rs. 16 lakhs

IIM Bodhgaya

Rs. 15.5 lakhs

IIM Jammu

Rs. 17.15 lakhs

IIM Nagpur

Rs. 13.75 lakhs

IIM Raipur

Rs. 14.36 lakhs

IIM Rohtak

Rs. 17.90 lakhs

IIM Tiruchirappalli

Rs. 19.50 lakhs

IIM Udaipur

Rs. 21.40 lakhs

IIM Sirmaur

Rs. 11.75 lakhs

IIM Sambalpur

Rs. 13.03 lakhs

IIM Visakhapatnam

Rs. 17.85 lakhs

IIM Trichy

Rs. 11.75 lakhs

IIM Shillong

Rs. 14.60 lakhs

Top MBA College with Low Fees

Top MBA college with Low Fees

Program Fee

Faculty of Management Studies (FMS) Delhi – University of Delhi

Rs. 1,94,000

Delhi School of Economics, Delhi University

Rs. 32,000

BITS Pilani

Rs. 12,00,000

UBS Chandigarh-Panjab University

Rs. 42,000

NITIE Mumbai

Rs.14,63,000/-

SJMSOM-IIT Bombay

Rs.10,08,000/-

DoMS-IIT Delhi

Rs. 10,40,000/-

USMS, GGSIPU, Delhi

Rs.192,000

PUMBA, Pune

Rs.1,34,000

SIMSREE, Mumbai

Rs. 1,36,000

Jamna Lal Bajaj Institute of Management Studies (JBIMS)

Rs.6,00,000

 Ambedkar University, Delhi

Rs.3,00,000

Delhi Technical University (Formerly Delhi College of Engg.)

Rs.4,25,000

Gitarattan International Business School - GIBS Delhi

Rs. 3.76 Lakhs

Sri Sri University Cuttack

Rs. 6. 60 Lakhs

Siva Sivani Institute of Management (SSIM) Hyderabad

Rs. 6. 90 Lakhs

Kohinoor Management School Mumbai

Rs. 7. 00 Lakhs

Durgadevi Saraf Global Business School (DSGS) Mumbai

Rs. 7. 25 Lakhs

Rajagiri Business School (RBS) Kochi

Rs. 7. 36 Lakhs

Vignana Jyothi Institute of Management (VJIM) Hyderabad

Rs. 7. 60 Lakhs

Chandragupt Institute of Management Patna (CIMP)

Rs. 7. 65 Lakhs

Aditya School of Business Management (ASBM) Mumbai

Rs. 7. 80 Lakhs

Rajalakshmi School of Business (RSB) Chennai

Rs. 7. 82 Lakhs

SCMS Cochin School of Business (SCMS) Cochin

Rs. 7. 95 Lakhs

Institute of Management Studies (IMS) Ghaziabad

Rs. 7.95 Lakhs

Dayananda Sagar University Bangalore

Rs. 8. 00 Lakhs

Institute of Public Enterprise (IPE) Hyderabad

Rs. 8. 00 Lakhs

Vivekanand Business School (VBS) Mumbai

Rs. 8. 00 Lakhs

Dayananda Sagar Business School

Rs. 8. 15 Lakhs

Jaipuria School of Business (JSB) Ghaziabad

Rs. 8. 20 Lakhs

NSB Academy Bangalore

Rs. 8. 30 Lakhs

Globsyn Business School (GBS) Kolkata

Rs. 8. 35 Lakhs

Jagannath International Management School (JIMS) Kalkaji

Rs. 8.70 Lakhs

SIES College of Management Studies Mumbai

Rs. 9. 00 Lakhs

AIMS School of Business (AIMS Institutes)

Rs. 9. 06 Lakhs

Jaypee Business School (JBS) Noida

Rs. 9. 09 Lakhs

IES’s Management College And Research Centre (IES MCRC)Mumbai

Rs. 9. 12 Lakhs

Delhi School of Business, VIPS - Technical Campus

Rs. 9. 25 Lakhs

Top 10 MBA Colleges with Low Fees and High Packages

College

Fee (in lakhs)

Specializations Offered

FMS, Delhi

0.20

Various

MSU Baroda

0.29

Various

Delhi School of Economics, DU

0.31

Various

IGNOU Delhi

0.37

Various

UBS Chandigarh

0.38

Various

JMI New Delhi

0.47

Various

Department of Financial Studies (DFS), DU

0.48

Finance

FMS BHU

0.98

Various

Tata Institute of Social Sciences (TISS), Mumbai

1.14

Various

Pune University Department of Management Sciences (PUMBA)

1.32

Variou

Frequently Asked Question 

Ques 1. What are the top colleges in India offering Full-Time MBA programs with low fees and high ROI?

Ans: Top colleges offering Full-Time MBA programs with low fees and high ROI include:

  1. Faculty of Management Studies (FMS), Delhi
  2. Department of Management Studies (DMS), IIT Delhi
  3. Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai
  4. Tata Institute of Social Sciences (TISS), Mumbai
  5. University Business School (UBS), Panjab University, Chandigarh

Ques 2. How do these colleges maintain a high ROI despite low fees?

Ans: These colleges maintain a high ROI due to their strong industry connections, excellent placement records, experienced faculty, and robust alumni networks that help secure lucrative job offers for their graduates.

Ques 3. What are the typical fees for these MBA programs?

Ans: The typical fees for these MBA programs range from INR 50,000 to INR 2,50,000 per annum. For example:

  1. FMS Delhi: Around INR 1.92 lakhs for the entire course
  2. JBIMS Mumbai: Around INR 6 lakhs for the entire course
  3. TISS Mumbai: Around INR 70,000 per annum

Ques 4. What are the eligibility criteria for admission to these MBA programs?

Ans: The eligibility criteria typically include:

  1. A bachelor’s degree with a minimum of 50% marks (45% for reserved categories)
  2. A valid score in entrance exams like CAT, XAT, CMAT, GMAT, or institute-specific exams
  3. Work experience (preferred but not mandatory for some programs)

Ques 5. How do I apply for these MBA programs?

Ans: The application process usually involves:

  1. Registering and appearing for the required entrance exam
  2. Filling out the application form on the respective college's website
  3. Participating in the selection process, which may include group discussions, personal interviews, and written ability tests

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