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MBA Course Fees in Top Colleges in India 2026
In India, pursuing an MBA degree is not just a career choice but a strategic move towards professional success. The demand for MBA graduates continues to soar as industries seek skilled leaders equipped to navigate the complexities of modern business. However, MBA cost in India is one of the major concerns in choosing this path.
Let's dive into this topic:
- Know the average fees of MBA across various types of institutions.
- As MBA fees vary across types of colleges, it majorly varies across different locations too. Know the fee details across major locations.
- Know the scope of an MBA, the placements and salary details.
Average Fees for MBA in India: Overview
MBA course fees in India varies across colleges and types of programs.
- IIMs charge between ₹17 lakh and ₹34 lakh, private universities can go up to ₹34.60 lakh, government/state colleges range from ₹2,600 to ₹8.6 lakh, and distance/online MBA programs cost ₹15,500 to ₹55,000 per semester.
- The fees vary based on institution type (government, public-private, or private), program type (full-time, part-time, executive, or online), duration and location.
Let’s have an overview of key details related to MBA programs
|
Particulars |
Details |
|
MBA Full Form |
Master of Business Administration |
|
Top 5 MBA Colleges with Fees and Placement Statistics |
- IIM Ahmedabad: Fees - INR 25 lakhs; Average Placement Package - INR 32 LPA - IIM Bangalore: Fees - INR 25 lakhs; Average Placement Package - INR 32 LPA - IIT Delhi: Fees - INR 11 lakhs; Average Placement Package - INR 24 LPA - IIM Kozhikode: Fees - INR 21 lakhs; Average Placement Package - INR 27 LPA - IIM Lucknow: Fees - INR 13 lakhs; Average Placement Package - INR 30 LPA |
|
Average Salary After MBA |
INR 15 - 30 LPA (can go higher depending on the specialization, institute, and job location) |
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MBA Admission Fees 2026
To understand the overall cost, here’s a detailed breakdown of MBA fees in India, covering application fees, entrance exam costs, tuition fees, and additional expenses.
1. Pre-Admission Costs
- Application Fees: ₹800 – ₹2,500 per institute
- Test Preparation: ₹30,000 – ₹35,000 (coaching, study materials, mock tests)
- GD/PI Fees: Additional charges for selection rounds
- Multiple Applications: ₹12,000 – ₹15,000 for multiple B-schools
2. Entrance Exam Fees
- Indian Exams: CAT (₹1,800), XAT (₹2,200), CMAT (₹2,000 for General/₹1,000 for Reserved Categories), etc.
- International Exams: GMAT/GRE – ₹22,800
3. Tuition Fees
- Top IIMs: ₹18 – ₹23 lakh
- Other Institutes: ₹5 – ₹25 lakh
- Government Colleges: ₹2 – ₹10 lakh
- Private Colleges: ₹10 – ₹20 lakh
4. Additional Fees
Some institutions charge a one-time admission fee, separate from tuition.It includes admission, tuition, study materials, hostel, and other expenses. Private B-schools charge ₹6–15 lakh, while university-affiliated departments like FMS Delhi range from ₹30,000 to ₹1 lakh.
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MBA Course Fees for Top 15 Colleges in India
Pursuing an MBA from a top-ranked institute in India comes with varying costs, depending on factors like institute reputation, infrastructure, and placement opportunities. The table below provides a detailed breakdown of MBA course fees for the top 15 colleges in India.
|
Name of the Institution |
Fees for MBA |
|
INR 33.00 L |
|
|
INR 31.00 L |
|
|
INR 31.00 L |
|
|
INR 20.75 L |
|
|
INR 17.95 L |
|
|
INR 22.50 L |
|
|
INR 20,000 |
|
|
INR 16.02 L |
|
|
INR 25.53 L |
|
|
INR 14.07 L |
|
|
INR 6.10 L |
|
|
INR 28.60 L |
|
|
INR 22.10 L |
|
|
INR 21.77 L |
|
|
INR 21.53 L |
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MBA Course Fees in Government College
Government colleges in India offer more affordable MBA programs, with fees ranging from INR 2 lakh to 10 lakh. These institutions focus on providing quality education at a reasonable cost, making them an attractive option for students seeking value for money and a solid academic foundation.
Explore the table below for a detailed comparison of MBA fees in leading government colleges.
|
Colleges |
Annual Course Fees |
|
INR 65,100 |
|
|
University of Delhi, Faculty of Management Studies, New Delhi |
INR 96,000 |
|
Institute of Management Studies, Banaras Hindu University, Varanasi |
INR 1,20,767 |
|
INR 20,500 |
|
|
INR 74,718 |
|
|
INR 78,071 |
|
|
INR 14,500 |
|
|
INR 95,000 |
|
|
INR 50,000 |
|
|
Department of Management Science, Savitribai Phule Pune University, Pune |
INR 66,194 |
MBA Course Fees in Private College
Private colleges, on the other hand, often have higher MBA course fees, ranging from INR 10 lakh to 40 lakh. These institutions emphasize state-of-the-art infrastructure, industry connections, and specialized programs, catering to students looking for a more tailored and immersive learning experience.
The table below provides a detailed comparison of MBA course fees in top private colleges.
|
Colleges |
Annual Course Fees |
|
Vinod Gupta School of Management, Kharagpur |
INR 5,21,900 |
|
INR 6,95,000 |
|
|
INR 9,60,000 |
|
|
INR 7,02,000 |
|
|
INR 6,80,000 |
|
|
INR 5,02,000 |
|
|
INR 3,40,000 |
|
|
INR 7,20,000 |
|
|
INR 3,51,500 |
|
|
INR 7,09,101 |
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MBA Course Fees in IIMs
IIMs, renowned for their academic excellence and industry reputation, offer MBA courses with fees ranging from INR 15 lakh to 30 lakh. Investing in an IIM education translates into unparalleled networking opportunities, top-tier faculty, and exceptional placement records, making it a coveted choice for aspiring business leaders.
The table below provides a detailed comparison of MBA course fees across different IIMs.
|
Colleges |
Annual Course Fees |
|
INR 12,30,000 |
|
|
INR 12,25,000 |
|
|
INR 13,50,000 |
|
|
INR 8,90,000 |
|
|
INR 10,25,000 |
|
|
INR 10,37,000 |
|
|
INR 10,58,000 |
|
|
INR 7,96,000 |
|
|
INR 9,00,000 |
|
|
INR 8,75,000 |
|
|
INR 8,65,000 |
|
|
INR 8,75,000 |
|
|
INR 8,50,000 |
|
|
INR 6,54,000 |
|
|
INR 9,75,000 |
|
|
INR 8,00,000 |
|
|
INR 8,92,000 |
|
|
INR 9,45,000 |
|
|
INR 7,87,000 |
|
|
INR 8,57,000 |
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MBA Course Fees in IITs
IITs offer MBA programs with fees ranging from INR 5 lakh to 15 lakh. These programs combine technical expertise with management skills. These institutions provide a unique blend of engineering and business education, preparing students for leadership roles in diverse industries while offering a cost-effective option compared to other premier B-schools.
The table below highlights the MBA course fees across different IITs.
|
Colleges |
Annual Course Fees |
|
INR 4,00,000 |
|
|
INR 1,54,050 |
|
|
INR 1,77,500 |
|
|
INR 4,80,000 |
|
|
INR 2,24,000 |
|
|
INR 3,14,300 |
|
|
INR 4,20,500 |
Best Low Cost MBA Colleges
Yes, an MBA is expensive if you wish to go for a good college, but that's not entirely true. There are some highly sought after MBA colleges but with economical fee structure. Here is a list of top MBA colleges with low fees:
|
Top MBA College |
Programme Fee |
|
Faculty of Management Studies (FMS) Delhi – University of Delhi |
Rs. 1,94,000 |
|
Rs. 32,000 |
|
|
Rs. 12,00,000 |
|
|
Rs. 42,000 |
|
|
Rs. 14,63,000 |
|
|
Rs. 10,08,000 |
|
|
Rs. 10,40,000 |
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MBA Online Course Fees
Due to its affordability and flexibility, online MBA has become quite popular these days, especially among the working class because they don't have to leave their regular job to gain another degree.
Let’s see some of the most popular colleges providing online MBA course and their fees:
|
Name of the Institution |
Fees for MBA |
|
INR 1,95,000 |
|
|
INR 40,000 - 4,00,000 (depending on the course) |
|
|
INR 3,00,000 |
|
|
INR 12,000 |
|
|
INR 61,000 |
MBA Course Fees Across Various Locations
MBA Fees in Bangalore
The table below provides a detailed comparison of MBA fees at leading institutes in Bangalore.
| Name of the Institution | Fees for MBA |
|---|---|
| Christ University | INR 4,70,000 |
| PES University | INR 7,20,000 |
| Jain University | INR 9,90,000 |
| Acharya Bangalore B-School (ABBS) | INR 1,30,000 |
| Alliance Business School | INR 15,00,000 |
MBA Fees in Mumbai
The table below provides a detailed comparison of MBA fees at top business schools in Mumbai.
|
Name of the Institution |
Fees for MBA |
|
INR 10,80,000 |
|
|
INR 5,00,000 |
|
|
INR 12,00,000 |
|
|
INR 7,20,000 |
|
|
INR 3,50,000 |
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MBA Fees in Delhi
The table below provides a detailed breakdown of MBA fees at leading institutes in Delhi.
| Name of the Institution | Fees for MBA |
| IIFT Delhi | INR 21,80,000 |
| FMS Delhi | INR 1,00,000 |
| DMS IIT Delhi | INR 3,31,000 |
| MDI Business School | INR 25,00,000 |
| IMI Delhi | INR 22,00,000 |
MBA Fees in Kolkata
The table below provides a detailed comparison of MBA course fees across leading institutes in Kolkata.
|
Name of the Institution |
Fees for MBA |
|
INR 27,00,000 |
|
|
INR 6,70,000 |
|
|
INR 5,20,000 |
|
|
INR 5,00,000 |
|
|
Calcutta Business School |
INR 3,75,000 |
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MBA Course Fees Abroad
The table below presents the MBA course fees at top international universities, providing a clear comparison of tuition costs across leading business schools worldwide.
| Name of the Institute | Location | Fees |
| Stanford Graduate School of Business | Stanford, US | INR 69,20,000 |
| The Wharton School | Philadelphia | INR 71,20,000 |
| Harvard Business School | Boston | INR 64,14,000 |
| London Business School | London, UK | INR 72,80,000 |
| HEC Paris | Paris | INR 91,50,000 |
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MBA Fees of Top Colleges
1. Symbiosis MBA Fees
- Exams accepted: SNAP
- Average cut-off: 85 percentile
- Eligibility: Bachelor's degree with a minimum of 50% marks
| Semester | Fees (INR) |
| Semester 1 | 5,75,000 |
| Semester 2 | 5,75,000 |
| Semester 3 | 5,75,000 |
| Semester 4 | 5,75,000 |
| Total | 23,00,000 |
2. LPU MBA Fees
- Exams accepted: LPUNEST,CAT, MAT, XAT
- Average cut-off: 60 percentile (CAT)
- Eligibility: Graduation with 55% aggregate marks
| Semester | Fees (INR) |
| Semester 1 | 1,60,000 |
| Semester 2 | 1,60,000 |
| Semester 3 | 1,60,000 |
| Semester 4 | 1,60,000 |
| Total | 6,40,000 |
3. IGNOU MBA Fees
- Exams accepted: OPENMAT
- Average cut-off: Qualifying in OPENMAT
- Eligibility: Graduation with at least 50% marks for general, 45% for reserved categories
| Semester | Fees (INR) |
| Semester 1 | 37,800 |
| Semester 2 | 37,800 |
| Semester 3 | 37,800 |
| Semester 4 | 37,800 |
| Total | 1,51,200 |
4. NMIMS MBA Fees
- Exams accepted:NMAT
- Average cut-off: 210+
- Eligibility: Graduation with a minimum of 50% marks
| Semester | Fees (INR) |
| Semester 1 | 5,25,000 |
| Semester 2 | 5,25,000 |
| Semester 3 | 5,25,000 |
| Semester 4 | 5,25,000 |
| Total | 21,00,000 |
5. Christ University MBA Fees
- Exams accepted: CAT, MAT, XAT, GMAT
- Average cut-off: 70 percentile (CAT)
- Eligibility: A minimum of 50% in graduation
| Semester | Fees (INR) |
| Semester 1 | 2,25,000 |
| Semester 2 | 2,25,000 |
| Semester 3 | 2,25,000 |
| Semester 4 | 2,25,000 |
| Total | 9,00,000 |
6. Amity University MBA Fees
- Exams accepted: CAT, MAT, GMAT
- Average cut-off: 65 percentile (CAT)
- Eligibility: Graduation with a minimum of 50% marks
| Semester | Fees (INR) |
| Semester 1 | 4,50,000 |
| Semester 2 | 4,50,000 |
| Semester 3 | 4,50,000 |
| Semester 4 | 4,50,000 |
| Total | 18,00,000 |
7. XLRI MBA Fees
- Exams accepted: XAT, GMAT
- Average cut-off: 95+ percentile
- Eligibility: Bachelor’s degree with at least 50% marks
| Semester | Fees (INR) |
| Semester 1 | 6,50,000 |
| Semester 2 | 6,50,000 |
| Semester 3 | 6,50,000 |
| Semester 4 | 6,50,000 |
| Total | 26,00,000 |
8. TISS MBA Fees
- Exams Accepted: CUET-PG
- Average Cut-off: Varies annually; typically competitive
- Eligibility: A minimum of 50% in graduation (45% for SC/ST candidates)
|
Semester |
Fees (INR) |
|
Semester 1 |
71,500 |
|
Semester 2 |
37,500 |
|
Semester 3 |
49,000 |
|
Semester 4 |
27,000 |
|
Total |
1,85,000 |
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Scholarships for MBA Students
Scholarships play a crucial role in supporting MBA students by offsetting the high cost of tuition. Some top scholarships available for MBA students in India and abroad include:
| Scholarship | Region | Description |
|---|---|---|
| Aditya Birla Scholarship | India | Offered to students with outstanding academic achievements and leadership potential, this prestigious award supports exceptional MBA aspirants. |
| Kotak Mahindra Bank Scholarship | India | Awarded to students with a strong academic background and a clear career vision, providing financial aid to deserving MBA candidates. |
| Loreal India Scholarship | India | Aims to empower women pursuing an MBA by offering financial assistance, promoting gender diversity and inclusion in business education. |
| Tata Scholarship | India | Designed for students with a proven academic track record and a commitment to community service, supporting deserving candidates pursuing an MBA. |
| Ritchie-Jennings Memorial Scholarship | Abroad | A global scholarship supporting students pursuing anti-fraud education, offering financial aid to individuals dedicated to combating fraud in business. |
| Chevening Scholarship | Abroad | A prestigious award for future leaders, influencers, and decision-makers, offering opportunities for postgraduate studies in the UK. |
| AGSM Global Reach Scholarship | Australia | Supports international students pursuing an MBA, offering financial assistance to exceptional candidates seeking to enhance their management skills. |
These scholarships represent a valuable opportunity for MBA students to access quality education, reduce financial barriers, and advance their careers in the competitive business landscape. By exploring and applying for these scholarships, aspiring MBA professionals can unlock academic and professional growth opportunities.
MBA Scope: Placements & Salary
MBA Placements
MBA placements are essential to the MBA program, providing students with job opportunities in various sectors and industries.
Let’s see the placement records of some of the top MBA institutes in India:
| Colleges | Average CTC 2024 | Average CTC 2023 | Average CTC 2022 |
|---|---|---|---|
| IIM Calcutta | INR 36.21 LPA | INR 35.07 LPA | INR 34.20 LPA |
| ISB Hyderabad | INR 34.14 LPA | INR 33.25 LPA | INR 32.76 LPA |
| IIM Bangalore | INR 35.92 LPA | INR 35.31 LPA | INR 34.60 LPA |
| FMS Delhi | INR 48.4 LPA | INR 46.1 LPA | INR 43.7 LPA |
| SPJIMR Mumbai | INR 33 LPA | INR 33.02 LPA | INR 32.9 LPA |
Here is another table showing the placements for 2024:
| College | Highest CTC (INR) | Average CTC (INR) |
|---|---|---|
| IIM Calcutta | 1.15 CPA | 36.21 LPA |
| ISB Hyderabad | 66 LPA | 34.14 LPA |
| IIM Bangalore | 1.15 CPA | 35.92 LPA |
| FMS Delhi | 1.23 CPA | 48.4 LPA |
| SPJIMR Mumbai | 77.88 LPA | 33 LPA |
| IIM Lucknow | 1 CPA | 30 LPA |
| XLRI Jamshedpur | 1.1 CPA | 29.89 LPA |
| IIM Kozhikode | 67.02 LPA | 28.05 LPA |
| IIM Ahmedabad | 1.15 CPA | 34.3 LPA |
| IIFT Delhi | 85.4 LPA | 29.1 LPA |
MBA Jobs and Salary
MBA graduates are highly sought after in various fields, including finance, marketing, human resources, operations, and consulting. According to September 2023 data from Glassdoor, the average salary for a new MBA graduate in India is ₹4,51,096. However, wages depend on various factors, including the role, company, prior experience, and location.
Let's have a look at the salaries of MBA graduates across various MBA specializations and sectors.
| MBA Specialization | Sectors | Starting Salaries (INR) |
|---|---|---|
| Finance | Corporate Finance, Banking, Risk Management, Private Equity, Sales & Trading | 6.5 - 7 LPA |
| Business Analytics | Information Technology, Healthcare, Financial Institutions, E-Commerce | 5 - 10 LPA |
| Marketing | Business Marketing, Online Marketing, CRM, Advertising, Brand Management, Retail | 7.5 - 8 LPA |
| Human Resource Management | IT, Law Firms, Advertising Firms, Retail Companies | 6 - 7.5 LPA |
| Operations Management | Retail, Logistics, Hospitality, Transportation, Manufacturing, Construction | 8 - 10 LPA |
Explore MBA salaries by specialization to understand how fields like finance, marketing, consulting, and technology impact earning potential and career growth.
An MBA can be a powerful springboard to propel your career to new heights. This comprehensive guide has equipped you with the knowledge to navigate the exciting world of MBA programs in India, from deciphering fees to exploring specializations and career prospects.
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Discover diverse career options after MBA across fields such as finance, marketing, human resources, consulting, and technology management. An MBA equips you with skills to excel in leadership roles and opens opportunities in various industries worldwide.
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| Particulars | Details |
|---|---|
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| Collateral | Not Required |
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| % Financed | 100% of Fees |
