MBA Course Fees 2025: Government & Private College Fees

MBA Course Fees in Top Colleges in India 2025

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.

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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.
• Distance learning MBA fees is much lower, around. 
• 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

Managing MBA expenses can be challenging, but there are various funding options available. Learn more about how to finance your MBA effectively here.

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MBA Admission Fees 2025

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.

Explore Different MBA Specializations – Choosing the right MBA specialization can shape your career path. Learn about various types of MBA specializations and find the best fit for your goals.

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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.

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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.

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.

Explore education loan options for MBA admission, designed to ease financial burdens and support your journey toward achieving a prestigious business degree.

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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.

While the MBA fees in IIM might feel overwhelming, you can always opt for an education loan for IIMs which is provided by many banks and NBFCs in a hassle free manner. 

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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.

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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: 

Discover various options to fund your MBA and explore scholarships, education loans, and financial planning tips to manage your business education expenses effectively.

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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: 

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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.

MBA Fees in Mumbai

The table below provides a detailed comparison of MBA fees at top business schools in Mumbai.

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MBA Fees in Delhi

The table below provides a detailed breakdown of MBA fees at leading institutes in Delhi.

MBA Fees in Kolkata

The table below provides a detailed comparison of MBA course fees across leading institutes in Kolkata.

Explore the best courses after an MBA to enhance your skills and specialize further in areas like finance, analytics, or leadership, ensuring a competitive edge in your career.

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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.

Explore MBA in India vs abroad and discover which option aligns best with your career goals and ambitions. Make an informed choice today

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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

2. LPU MBA Fees

• Exams accepted: LPUNEST,CAT, MAT, XAT
• Average cut-off: 60 percentile (CAT)
• Eligibility: Graduation with 55% aggregate marks

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

4. NMIMS MBA Fees

• Exams accepted:NMAT
• Average cut-off: 210+
• Eligibility: Graduation with a minimum of 50% marks

5. Christ University MBA Fees

• Exams accepted: CAT, MAT, XAT, GMAT
• Average cut-off: 70 percentile (CAT)‍
• Eligibility: A minimum of 50% in graduation

6. Amity University MBA Fees

• Exams accepted: CAT, MAT, GMAT
• Average cut-off: 65 percentile (CAT)‍
• Eligibility: Graduation with a minimum of 50% marks

7. XLRI MBA Fees

• Exams accepted: XAT, GMAT
• Average cut-off: 95+ percentile
• Eligibility: Bachelor’s degree with at least 50% marks

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)

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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:

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.

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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: 

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Here is another table showing the placements for 2024:

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.

Explore MBA salaries by specialization to understand how fields like finance, marketing, consulting, and technology impact earning potential and career growth.

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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.

The financial investment in an MBA can be a significant hurdle. But with careful planning and the right support system, you can bridge the gap and unlock your full potential. Here's where Propelled steps in to be your reliable partner in achieving your academic goals.

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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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FAQs About MBA Course Fees

What are the different types of MBA?

MBA programs, including Full-Time, Part-Time, Executive, and Online MBAs, vary to fit different professional needs. Each is tailored for different career stages and schedules, with Full-Time programs being the most immersive and Executive MBAs designed for experienced managers.

What is the average MBA salary package?

The average salary for MBA graduates varies widely, typically higher from top-tier business schools. Graduates from prestigious institutions can expect starting packages ranging from INR 20 to 25 lakhs annually, depending on the role and industry.

Can I get direct MBA admission without taking any entrance exam?

Direct MBA admission without an entrance exam is possible but uncommon. It is generally available under management quota in some private colleges. Most accredited programs require entrance exams like the CAT, MAT, or GMAT.

Can I do an MBA from IGNOU?

Yes, IGNOU offers a flexible and affordable MBA program suitable for working professionals and those seeking distance learning options. The program includes various specializations and is recognized for its academic rigor and practical relevance.

What is the main difference between an MBA and a PGDM?

The primary difference lies in accreditation: an MBA is a degree granted by universities recognized by the UGC, whereas a PGDM is a diploma offered by autonomous institutes and typically approved by AICTE. While both focus on developing managerial skills, their curriculum and structure might differ.

What is the total cost of doing an MBA?

The total cost of doing an MBA in India ranges from INR 15,000 to INR 35 lakh, influenced by location, institution, and specialization, reflecting the diverse fee structures available.

What is the MBA salary in India?

The average MBA salary in India is INR 90,000 to INR 1 lakh per month, translating to an annual salary of INR 7.71 lakhs. This demonstrates the lucrative earning potential for MBA graduates.

What is an MBA fresher salary?

The average MBA fresher salary in India is around INR 678,000 per annum, highlighting the competitive starting salaries offered to fresh MBA graduates entering the workforce.

How much does an MBA cost in India?

MBA fees in India are determined according to the college tier, college’s infrastructure, college fees, and placement opportunities. Generally, the highest MBA fee in Tier-1 business schools ranges from INR 19,00,000 – INR 30,00,000. IIM Fee Structure in top IIMs for MBA ranges from INR 15,00,000 to INR 28,00,000.

Why do MBA courses cost so much?

It is a known fact that top B-schools in the country (for instance, IIM), demand a much higher course fee as compared to average management institutions. The ‘Costlier’ Factor Getting an MBA degree from a top institute, and to some extent, from a mid-tier institute, too, means you have to shell out a hefty fee.

What are good MBA colleges with low fees?

Good MBA colleges with low fees are few: These are the Government University MBA departments or affiliated colleges. MBA at UBS Chandigarh is offered at Rs. 47,890 while an MBA at FMS Delhi of Delhi University is still offered at a fee of Rs. 20,960 for the entire MBA programme.

How much does an MBA cost in Delhi & Bangalore?

MBA Fees in Delhi and Bangalore less than 5 lakh fee are many: Delhi University; Guru Gobind Singh Indraprastha University Delhi; Bangalore University; VTU Bangalore University; are a few of the examples that offer MBA programmes at less than Rs. 4 lakhs.

What is the top college for MBA fees?

Some of the top colleges for MBA in terms of fees are IIM Ahmedabad, FMS Delhi, IIM Bangalore, IIM Calcutta, IIFT Delhi, etc.

Do companies in India sponsor candidates' MBA fees?

Yes, of course the company does. But it completely depends on the company the candidate works for and also the position the candidate is in.

Why are MBA fees in IIMs so high?

It's because IIMs mostly have a vast campus, with experienced professors, providing a lot of facilities to the students, etc. And IIM is the only institution which can place most of its students in abroad companies. 

What is the MBA fee at SNU?

The MBA fee in Shivnadar University (SNU) is INR Rs. 7,85,000 for the first year and INR 6,35,000 for the second year.

How can a middle class family student pay MBA fees in IIM?

There are educational loan schemes offered by banks which support the middle class student to afford such high fees in IIM. There are also several state and other scholarship schemes available for students in India.

What are the MBA fees at Gandhi Institute of Technology and Management?

The fees for MBA at Gandhi Institute of Technology and Management in Visakhapatnam is around INR 7.2 Lakhs for 2 years.

Which MBA specialization has the highest fees?

MBA specializations such as Finance, Business Analytics, and International Business tend to have higher fees due to their demand and the resources required for advanced coursework.

Are scholarships available for MBA students in India?

Yes, several institutions and government bodies offer merit-based and need-based scholarships to MBA students, reducing the financial burden of education.

Is an Executive MBA more expensive than a regular MBA?

Yes, Executive MBA programs usually have higher fees as they are designed for working professionals and provide premium facilities, industry interactions, and global exposure.

Do government colleges offer low-cost MBA programs?

Yes, government institutions such as FMS Delhi, JBIMS Mumbai, and IITs offer MBA programs at significantly lower fees compared to private institutions.

Can I pay MBA fees in installments?

Many universities and colleges allow students to pay their MBA fees in installments, easing the financial burden for students and their families.

Do online MBA programs have lower fees than full-time MBAs?

Yes, online MBA programs are generally more affordable, with fees ranging between INR 50,000 to 5 lakhs, depending on the institution.

How much does an MBA abroad cost?

An MBA abroad can cost anywhere between INR 20 lakhs to 1 crore, depending on the country, university ranking, and duration of the program.

What are the additional costs apart from tuition fees for an MBA?

Apart from tuition fees, students must consider hostel fees, exam fees, study materials, global immersion programs, and miscellaneous charges.

Does an MBA from an international university provide a better ROI than Indian B-schools?

The return on investment depends on job placements, industry demand, and location. Graduates from top international B-schools often secure high-paying global roles.

What is the lowest MBA fee in India?

The lowest MBA fees in India can be found at public universities, with fees as low as INR 15,000 to INR 50,000 per year.

How do MBA students manage their tuition fees?

Students often finance their MBA through education loans, scholarships, sponsorships, and personal savings.

Do companies reimburse MBA tuition fees for employees?

Some multinational companies sponsor or reimburse MBA fees for employees if the program is relevant to their job and improves their skill set.

Is there a difference in fees for Indian and international students in Indian MBA colleges?

Yes, many institutes charge higher fees for international students, sometimes up to double the amount charged to Indian students.

Can I pursue an MBA for free?

Certain institutions and organizations offer full scholarships covering tuition, accommodation, and living expenses, allowing students to complete an MBA at zero cost.

What is the fee structure for MBA in IITs?

MBA fees at IITs range from INR 5 lakhs to 12 lakhs, making them an affordable option compared to private business schools.

Is there a major fee difference between private and government MBA colleges?

Yes, government colleges charge significantly lower fees, often under INR 2 lakhs, while private colleges can charge up to INR 35 lakhs.

Are hostel fees included in MBA tuition fees?

No, hostel and accommodation fees are usually charged separately and can range from INR 50,000 to 3 lakhs per year, depending on the college.

Do all MBA colleges offer education loans?

Most MBA colleges have tie-ups with banks to offer student loans with minimal interest rates, making higher education more accessible.

Which Indian MBA college offers the best ROI?

FMS Delhi, JBIMS Mumbai, and TISS Mumbai offer the best ROI as they have low tuition fees but high placement packages.

Can I get an MBA loan without collateral?

Yes, many banks and NBFCs offer unsecured education loans for MBA students, especially for top-tier business schools.

What is the MBA fee for foreign universities like Harvard and Stanford?

MBA tuition fees at Harvard and Stanford range from INR 80 lakhs to 1.2 crores, excluding living expenses.

Do distance MBA programs cost less than regular MBAs?

Yes, distance MBA programs are much more affordable, with fees ranging from INR 50,000 to 3 lakhs, depending on the institution.

How much does an MBA in Healthcare Management cost?

MBA in Healthcare Management typically costs between INR 5 lakhs to 15 lakhs, depending on the institute and program structure.

What is the average fee for an MBA in Marketing in India?

MBA in Marketing costs between INR 6 lakhs to 30 lakhs, depending on the college and its industry reputation.

Are there any low-cost Executive MBA options in India?

Yes, institutes like IGNOU and some state universities offer Executive MBA programs for under INR 2 lakhs.

Do MBA colleges offer fee waivers?

Yes, some MBA colleges provide fee waivers for economically weaker sections, merit-based scholarships, and special category students.

Are there additional charges for global immersion programs in MBA?

Yes, global immersion or study-abroad programs are often optional and come with an additional cost, sometimes exceeding INR 5 lakhs.

Which Indian cities have the lowest MBA course fees?

Cities like Chandigarh, Pune, and Indore offer MBA programs at lower costs compared to metro cities like Delhi, Mumbai, and Bangalore.

Do IIMs provide any financial assistance to students?

Yes, IIMs offer scholarships and financial aid to meritorious students from economically weaker backgrounds.

What are the MBA government colleges in Bangalore fees?

The MBA fees in government colleges in Bangalore range from INR 20,000 to INR 2 lakhs. Institutes like Bangalore University and Visvesvaraya Technological University (VTU) offer affordable MBA programs.

What is the TISS MBA fees for 2 years?

The TISS MBA fees for 2 years is approximately INR 2.4 to 3 lakhs, making it one of the most budget-friendly options among top B-schools in India.

What is the MBA fee structure in India?

The MBA fee structure in India varies significantly. Government colleges charge INR 20,000 to 2 lakhs, while private B-schools charge anywhere from INR 5 lakhs to 35 lakhs, depending on their ranking and facilities.

What is the MBA admission fees for 2024?

The MBA admission fees 2024 range from INR 5,000 in government universities to INR 5 lakhs in premium private institutions. Some colleges adjust this fee against tuition costs.

What is the MBA fees in private colleges?

The MBA fees in private colleges range between INR 5 lakhs and 30 lakhs, with top institutes like ISB Hyderabad and XLRI charging premium fees.

What is the MBA admission fees in India?

The MBA admission fees in India differ based on the institute. Private colleges may charge up to INR 5 lakhs as admission fees, while government universities keep it minimal, around INR 5,000-50,000.

What is the average fees for MBA in India?

The average fees for MBA in India range between INR 8-25 lakhs in private B-schools, INR 5-15 lakhs in IITs and IIMs, and INR 50,000-2 lakhs in government institutions.

What are the MBA expenses in India apart from tuition fees?

The MBA expenses in India include hostel charges (INR 50,000-3 lakhs/year), books (INR 30,000-1 lakh), global immersion programs (INR 2-5 lakhs), and additional costs like exam fees and alumni contributions.

What is the MBA fees in government college?

The MBA fees in government college range from INR 20,000 to INR 2 lakhs, making them significantly more affordable than private institutes.

What is the MBA cost in India?

The MBA cost in India varies:
IIMs & Top B-Schools: INR 15-35 lakhs
IITs & Government Universities: INR 1-10 lakhs
Private Colleges: INR 5-30 lakhs
Distance/Online MBA: INR 50,000-5 lakhs