MBA fees in India fluctuate according to the college tier, college’s infrastructure, college fees, and placement opportunities. Generally, the highest MBA fees in the Tier-1 business schools is around INR 30 Lakhs and INR 15 Lakhs being the lowest.
IIM Fee Structure in top IIMs for MBA ranges from INR 15,00,000 to INR 28,00,000. IIM Calcutta Fees for MBA is INR 23,00,000 which is one of the highest in the country. 1 year MBA and other IIM MBA Certifications have fees around INR 15,00,000 to INR 22,00,000. Top MBA Specializations like MBA Finance, MBA HR, MBA Marketing have high fees as compared to other specializations.
MBA Fees for MBA Distance Education is around INR 40,000 to INR 75,000 which is lower than other types of MBA. MBA from IGNOU costs INR 37,800 which is very low as compared to other MBA Distance Education colleges. Some Colleges like LPU provide Scholarships to students who meet the MBA Eligibility Criteria better than others. MBA basic eligibility criteria is 50% in Graduation from any recognized university.
Also Check: MBA Admission 2023
Table of Content
1.1 IIM MBA Fees
1.2 IIT MBA Fees
4.2 IGNOU MBA Fees
4.3 NMIMS MBA Fees
4.4 Christ University MBA Fees
4.6 SP Jain MBA Fees
4.7 Chandigarh University MBA Fees
4.8 XLRI MBA Fees
5.1 Delhi
5.2 Mumbai
5.3 Kolkata
7.1 Harvard MBA Fees
MBA Fees
MBA is one of the most popular postgraduation courses in India. The average fees differ depending on location, the quality of the college, and if the college is being aided by the government or not.
| Particulars | Average Fees (INR) |
|---|---|
| IIM Fees | 5,00,000 – 18,00,000 |
| IIT Fees | 2,00,000 – 5,00,000 |
| IGNOU Fees | 37,800 |
| Cheapest MBA Fees |
15,000 – 70,000 |
| MBA Fees in Private Colleges | 10,00,000 – 30,00,000 |
See Also:
IIM MBA Fees 2023
IIMs are top and the most popular MBA colleges in India. IIMs are government colleges. IIM MBA fees range between INR 6 Lakhs to INR 18,50,000. Top IIMs provide PGPM course insread of MBA degree course. PGPM is equivalent to MBA. Fees for the MBA courses in Indian Institutes of Management (IIMs) across India are listed here.
| Colleges | Annual Fees |
|---|---|
| IIM Ahmedabad | INR 11,50,000 |
| IIM Rohtak | INR 8,10,000 |
| IIM Kozhikode | INR 8,75,000 |
| IIM Udaipur | INR 18,50,000 |
| IIM Shillong | INR 5,00,000 |
| IIM Kashipur | INR 6,26,500 |
| IIM Ranchi | INR 7,80,000 |
| IIM Amritsar | INR 6,00,000 |
| IIM Sirmaur | INR 5,17,000 |
| IIM Jammu | INR 6,14,000 |
See Also:
IIT MBA Fees 2023 (Less than 5 Lakhs)
IITs started providing MBA courses in the 1990s. They provide MBA degree courses and not PGPM courses. MBA Fees in IIT are less compared to IIMs. MBA fees in Indian Institutes of Technology (IITs) across India are listed here.
| Colleges | Annual Fees |
|---|---|
| IIT Madras, Chennai | INR 4,00,000 |
| IIT Kanpur | INR 1,54,050 |
| IIT Dhanbad | INR 1,77,500 |
| IIT Delhi | INR 4,80,000 |
| IIT Bombay | INR 2,24,000 |
| IIT Kharagpur | INR 3,14,300 |
| IIT Roorkee | INR 4,20,500 |
See Also:
Fee Structure For MBA in Government Colleges 2023 ( Less than 1 Lakh)
Top government colleges in almost all states in India provide MBA courses. Fees for MBA courses in government colleges are low. The fees in those government colleges are listed here.
| Colleges | Annual Fees |
|---|---|
| Jamia Millia Islamia University, New Delhi | 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 |
| Department of Management Studies, Anna University, Chennai | INR 20,500 |
| Pondicherry University, Pondicherry | INR 74,718 |
| University of Jammu, Jammu | INR 78,071 |
| Maharaja Sayajirao University of Baroda, Vadodara | INR 14,500 |
| Ganpat University, Mehsana | INR 95,000 |
| RKDF University, Bhopal | INR 50,000 |
| Department of Management Science, Savitribai Phule Pune University, Pune | INR 66,194 |
MBA Fees in Private Colleges 2023 (Less than 10 Lakhs)
More than 70% of colleges providing MBA are private colleges. Generally, the fees for MBA in private colleges are high and the fees in those private colleges are listed here.
| Colleges | Annual Fees |
|---|---|
| Vinod Gupta School of Management, Kharagpur | INR 5,21,900 |
| Woxsen University, Hyderabad | INR 6,95,000 |
| Symbiosis Institute of Business Management, Pune | INR 9,60,000 |
| ICFAI Foundation for Higher Education, Hyderabad | INR 7,02,000 |
| KIIT School of Management, Bhubaneswar | INR 6,80,000 |
| Institute of Management, Nirma University, Ahmedabad | INR 5,02,000 |
| Amity University, Noida | INR 3,40,000 |
| Xavier University, Bhubaneswar | INR 7,20,000 |
| Vellore Institute of Technology, Vellore | INR 3,51,500 |
| Bharathidasan Institute of Management, Tiruchirappalli | INR 7,09,101 |
MBA Colleges with Low Fees 2023 (Less than 1 Lakh)
The colleges listed here offer MBA courses with very low fees when compared to others. All the colleges offer MBA courses less than INR 1 Lakhs. The lowest fee is listed first and highest is listed at last. Mostly these colleges will be government colleges or government-aided colleges.
| Colleges | Annual Fees |
|---|---|
| Maharaja Sayajirao University of Baroda, Vadodara | INR 14,500 |
| Department of Commerce, University of Delhi, New Delhi | INR 15,696 |
| University Business School, Panjab University, Chandigarh | INR 17,365 |
| Department of Management Studies, Anna University, Chennai | INR 20,500 |
| National Institute of Management, Mumbai | INR 40,700 |
| RKDF University, Bhopal | INR 50,000 |
| Indian Institute of Business Management and Studies, Mumbai | INR 50,800 |
| Jamia Millia Islamia University, New Delhi | INR 65,100 |
| Department of Management Science, Savitribai Phule Pune University, Pune | INR 66,194 |
| University School of Management Studies, Guru Gobind Singh Indraprastha University, New Delhi | INR 70,000 |
Highest MBA Fees in India 2023 (More than 5 Lakhs)
Here the MBA colleges are sorted by means of the highest amount of fees. These are quite expensive colleges that charge more than 5 lakhs per annum on average. Mostly IIMs are the costliest ones. Additionally, some of the private and deemed universities also charge an equal amount of fees.
| Colleges | Annual Fees |
|---|---|
| IIM Udaipur, Udaipur | INR 18,50,000 |
| S P Jain School of Global Management, Mumbai | INR 15,74,400 |
| IIM Ahmedabad, Ahmedabad | INR 11,50,000 |
| Narsee Monjee Institute of Management Studies - (NMIMS Deemed to be University), Mumbai | INR 10,42,000 |
| Symbiosis Institute of Business Management, Pune | INR 9,60,000 |
| IIM Kozhikode, Kozhikode | INR 8,75,000 |
| IIM Rohtak, Rohtak | INR 8,10,000 |
| N. L. Dalmia Institute Of Management Studies And Research, Mumbai | INR 8,00,000 |
| IIM Ranchi, Ranchi | INR 7,80,000 |
| Indian Institute of Foreign Trade, New Delhi | INR 7,60,000 |
MBA Fees of Top Colleges
A detailed year wise fee structure of different Top Business Schools in India is mentioned below.
Symbiosis MBA Fees
- There are 300 MBA seats.
- Symbiosis MBA Admission takes place through SNAP. The cut off is 98 percentile.
- The average gender ratio is 7:3 for males
- Students need to graduate with 50% to study MBA in symbiosis.
| First Semester (INR) | Second Semester (INR) | Third Semester (INR) | Fourth Semester (INR) |
|---|---|---|---|
| 4,70,000 | 4,70,000 | 4,70,000 | 4,70,000 |
See Also:
LPU MBA Fees
- Entrance Exam Accepted: LPUNEST, CAT, NMAT
- Students need to pass graduation with 50% and clear any of the entrance Exams mentioned.
| First Semester (INR) | Second Semester (INR) | Third Semester (INR) | Fourth Semester (INR) |
|---|---|---|---|
| 1,90,000 | 1,90,000 | 1,90,000 | 1,90,000 |
See Also:
IGNOU MBA Fees
The MBA Programme at IGNOU consists of 21 courses in all. The fee for each course is Rs. 1800. Total fees: 21X1800 = Rs. 37800. These courses comprise of:
- All the courses from MS-1 to MS-09 and MS-11
- Five courses from any one of the specialization stream
- Compulsory Courses (MS-10, MS-91, MS-95) and anyone elective course out of MS-92/93/94/96/97
- Project Course (MS-100) equivalent to 2 courses
IGNOU follows a modular approach which means that if a student takes admission into MBA and for some reason, he is not able to complete all the courses then the student is provided with an exit point.
NMIMS MBA Fees
| First Semester (INR) | Second Semester (INR) | Third Semester (INR) | Fourth Semester (INR) |
|---|---|---|---|
| 5,21,000 | 5,21,000 | 5,21,000 | 5,21,000 |
See Also:
Christ University MBA Fees
| First Semester (INR) | Second Semester (INR) | Third Semester (INR) | Fourth Semester (INR) |
|---|---|---|---|
| 1,87,000 | 1,87,000 | 2,04,000 | 2,04,000 |
See Also:
Amity University MBA Fees
| First Semester (INR) | Second Semester (INR) | Third Semester (INR) | Fourth Semester (INR) |
|---|---|---|---|
| 1,70,000 | 1,70,000 | 1,70,000 | 1,70,000 |
See Also:
SP Jain MBA Fees
| First Semester (INR) | Second Semester (INR) | Third Semester (INR) | Fourth Semester (INR) |
|---|---|---|---|
| 4,37,500 | 4,37,500 | 4,37,500 | 4,37,500 |
See Also:
Chandigarh University MBA Fees
| First Semester (INR) | Second Semester (INR) | Third Semester (INR) | Fourth Semester (INR) |
|---|---|---|---|
| 97,500 | 97,500 | 97,500 | 97,500 |
XLRI MBA Fees
| First Semester (INR) | Second Semester (INR) | Third Semester (INR) | Fourth Semester (INR) |
|---|---|---|---|
| 5,90,000 | 5,90,000 | 5,90,000 | 5,90,000 |
.
MBA Fees Structure 2023
MBA Fee structure varies from college to college. Apart from the tuition fees there can be various other expenses like hostel fees, study material, electronic gadgets etc. Some MBA Colleges like IIM Ahmedabad require that students must buy their own laptops.
MBA Fees in Delhi
MBA fees in the colleges which are situated in the city of New Delhi are listed here.
| Colleges | Annual Fees |
|---|---|
| Indian Institute of Foreign Trade, New Delhi | INR 7,60,000 |
| Department of Commerce, University of Delhi, New Delhi | INR 15,696 |
| University School of Management Studies, Guru Gobind Singh Indraprastha University, New Delhi | INR 70,000 |
| Asia Pacific Institute of Management, New Delhi | INR 6,10,700 |
| Periyar Management and Computer College, New Delhi | INR 87,000 |
| International Management Centre, New Delhi | INR 1,00,000 |
| Indian School of Business Management and Administration, New Delhi | INR 95,900 |
| Bharati Vidyapeeth Institute of Management and Research, New Delhi | INR 3,25,000 |
| Jawaharlal Nehru University, New Delhi | INR 6,00,000 |
| Delhi Technological University, New Delhi | INR 1,66,000 |
MBA Fees in Mumbai
MBA fees in the colleges which are situated in the city of Mumbai are listed here.
| Colleges | Annual Fees |
|---|---|
| Shailesh J. Mehta School Of Management, Mumbai | INR 4,88,100 |
| Narsee Monjee Institute of Management Studies - (NMIMS Deemed to be University), Mumbai | INR 10,42,000 |
| KJ Somaiya Institute of Management, Mumbai | INR 7,17,050 |
| N. L. Dalmia Institute Of Management Studies And Research, Mumbai | INR 8,00,000 |
| Universal Business School, Mumbai | INR 5,49,000 |
| Amity University, Mumbai | INR 5,15,000 |
| Guru Nanak Institute of Management Studies, Mumbai | INR 1,82,000 |
| National Institute of Management, Mumbai | INR 40,700 |
| S P Jain School of Global Management, Mumbai | INR 15,74,400 |
| Indian Institute of Business Management and Studies, Mumbai | INR 50,800 |
MBA Fees in Kolkata
MBA fees in the colleges which are situated in the city of Kolkata are listed here.
| Colleges | Annual Fees |
|---|---|
| Indian Institute of Social Welfare and Business Management, Kolkata | INR 3,09,000 |
| Eastern Institute for Integrated Learning in Management, Kolkata | INR 5,25,000 |
| Bharatiya Vidya Bhavan Institute of Management Science, Kolkata | INR 5,51,000 |
| Institute of Engineering and Management, Kolkata | INR 3,00,000 |
| Institute of Management Study, Kolkata | INR 2,00,000 |
| Amity University, Kolkata | INR 3,90,000 |
| Adamas University, Kolkata | INR 2,51,400 |
| Brainware University, Kolkata | INR 4,00,000 |
| Sister Nivedita University | INR 3,51,000 |
| St. Xavier’s University, Kolkata | INR 5,55,000 |
MBA Fees in Canada
| Name of the College | Average Cost (INR) |
|---|---|
| Rotman School of Management | INR 33,91,287 |
| Desautels Faculty of Management | INR 55,90,410 |
| Ivey Business School | INR 67,02,787 |
| Smith School of Business | INR 54,16,993 |
| Schulich School of Business | INR 29,68,621 |
MBA Fees in USA
| Name of the College | Average Cost (INR) |
|---|---|
| University of Pennsylvania Wharton | INR 1,23,79,221 |
| Harvard Business School | INR 1,11,70,692 |
| Stanford Graduate School of Business | INR 1,13,64,276 |
| MIT Sloan | INR 1,17,03,876 |
| Columbia Business School | INR 1,17,77,437 |
Harvard MBA Fees
| Particulars | First Year | Second Year |
|---|---|---|
| Tuition Fees | 55.2 Lakhs | 55.2 Lakhs |
| Health Insurance | 3 Lakhs | 3 Lakhs |
| Others | 2 Lakhs | 2 Lakhs |
| Total Fees | 60.2 Lakhs | 60.2 Lakhs |
Stanford University MBA Fees
| Particulars | First Year | Second Year |
|---|---|---|
| Tuition Fees | 56.1 Lakhs | 56.1 Lakhs |
| Books And Supplies | 1.2 Lakhs | 1.2 Lakhs |
| Medical Insurance | 4.6 Lakhs | 4.6 Lakhs |
| Health Fees | 0.5 Lakhs | 0.5 Lakhs |
| Total Fees | 62.6 Lakhs | 62.6 Lakhs |
MBA Fees: FAQs
Ques. What is the top college for MBA fees?
Ans. Some of the top colleges for MBA in terms of fees are IIM Ahmedabad, FMS Delhi, IIM Bangalore, IIM Calcutta, IIFT Delhi, etc.
Ques. Do companies in India sponsor candidates' MBA fees?
Ans. Yes, of course the company does. But it completely depends on the company the candidate works on and also the position the candidate is in.
Ques. Why are MBA fees in IIMs so high?
Ans. It's because of the reasons like 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.
Ques. What is the MBA fee at SNU?
Ans. 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.
Ques. How can a middle class family student pay MBA fees in IIM?
Ans. 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.
Ques. What is the MBA fees at Gandhi Institute of Technology and Management?
Ans. The fees for MBA at Gandhi Institute of Technology and Management in Visakhapatnam is around INR 7.2 Lakhs for 2 years.
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