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MBA is one of the most popular post-graduate courses in India and abroad. The full form of MBA is Master of Business Administration. For most of managerial level jobs across domains and sectors an MBA degree is a necessity which is why, nowadays a large number of BTech, BBA, BCom, BA, BSc, BCA graduates opt for MBA in post graduation. The growing number of businesses has highlighted the importance of this professional course. It teaches necessary skills required to expand a company or lead a successful business. MBA course also develops leadership skills among the students.
MBA admission is based on MBA entrance exams followed by a personality assessment test round (Group Discussion or GD, Written Ability Test or WAT and Personal Interview or PI). Typically, students are required to have more than 50 per cent in their undergraduate degree from any stream in order to pursue an MBA course. The most popular MBA entrance exams are CAT, CMAT,XAT, MAH CET among others. IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, FMS Delhi, XLRI and ISB are some of the top MBA colleges in India which take admission via these exams followed by individual GD-PI rounds. The MBA fee generally ranges between INR 10-25 lakh depending on college to college, however there are certain very popular top colleges where the course fee is much lower than INR 10 lakh like FMS Delhi, JBIMS Mumbai among others.
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 35 lakh. The only exception here is FMS-Delhi whose fee is INR 20, 960 per year. 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 20,960 |
XLRI Jamshedpur-Xavier School of Management | PGDM | INR 23.60 lakh |
MDI-Gurgaon | PGPM | INR 19.80 lakh |
SPJIMR-Mumbai | PGDM | INR 17.50 lakh |
IIFT-New Delhi | MBA International Business | INR 16.25 lakh |
ISB-Hyderabad | PGPM | INR 34.63 lakh |
Symbiosis Institute Of Business Management-Pune | MBA | INR 17.06 lakh |
Jamnalal Bajaj Institute of Management Studies-Mumbai | MMS | INR 3.00 lakh |
IMI-Delhi | PGDM | INR 17.68 lakh |
NMIMS Mumbai-School of Business Management | MBA | INR 19.76 lakh |
IMT-Ghaziabad | PGDM | INR 17.55 lakh |
Prin. L. N. Welingkar Institute of Management Development & Research-Mumbai | PGDM | INR11.00 lakh |
BIMTECH-Greater Noida | PGDM | INR 12.00 lakh |
K. J. Somaiya Institute of Management Studies And Research-Mumbai | PGDM International Business | INR 13.66 lakh |
IRMA-Anand | PGDRM | INR 12.08 lakh |
Xavier Institute of Management, XIMB-Bubaneshwar | MBA Business Management | INR 20.80 lakh |
TAPMI-Manipal | PGDM | INR 16.90 lakh |
Great Lakes Institute of Management-Chennai | PGPM | INR 13.84 lakh |
Symbiosis Institute of Business Management-Bangalore | MBA | INR 14.70 lakh |
Entrepreneurship Development Institute of India – Ahmedabad | PGDM Business Entrepreneurship | INRs 12.56 lakh |
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 programmes 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 less than INR 10 lakh:
B-School | Course Name | Fees |
---|---|---|
IIT Delhi – Department of Management Studies | MBA Telecommunication Systems Management | INR 8.80 lakh |
Symbiosis Centre for Management and Human Resource Development, Pune | MBA | INR 8.13 lakh |
IIT Bombay – Shailesh J. Mehta School of Management | MBA | INR 8.32 lakh |
NITIE-Mumbai | PGD Industrial Safety and Environmental Management | INR 7.62 lakh |
IIT Kharagpur-Vinod Gupta School of Management | MBA | INR 6.19 lakh |
BITS-Pilani | MBA | INR 8.04 Lakh |
IIT Madras – Department of Management Studies | MBA | INR 6.89 lakh |
IIT Roorkee | MBA | INR 6.23 lakh |
IIT Delhi – Department of Management Studies | MBA Telecommunication Systems Management | 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), Prin. L N Welingkar, Christ University, Chandigarh University and Amity University. These universities offer a number of MBA programmes for fees which will not burn a whole in your pocket. Take a look at colleges with 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 3.10 lakh |
International School of Management and Research-ISMR | MBA | INR 3.00 lakh |
CU – Chandigarh University | MBA Tourism and Hospitality Management | INR 3.28 lakh |
Indira Institute of Management – IIMP | MBA | INRs 4.00 lakh |
ASM’s Institute of Business Management and Research-IBMR | MBA | INR 3.00 lakh |
Jamnalal Bajaj Institute of Management Studies-Mumbai | MMS | INR 3.00 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 |