MBA Fees Structure 2026: Top MBA Colleges and their Fees
What are the Factors Affecting the MBA Fees Structure?
Before going ahead, let’s take a look at some of the factors that affect MBA fees:
- Programme Type: Regular, Distance and Online MBA, all three have different fees structures.
- Location: Geographic location can impact costs due to living expenses and regional variations in tuition.
- Scholarships and Financial Aid: The availability of scholarships and financial aid can significantly reduce the overall cost.
- Specialisations: Certain specialisations like finance or marketing may have higher fees.
- B-School’s Reputation: Renowned universities and business schools typically charge higher fees due to their prestige and resources.
Regular MBA Vs Distance MBA Vs Online MBA
Feature | Regular MBA | Distance MBA | Online MBA |
Duration | 2 Years | 2-4 Years | 1-2 Years |
MBA Fees Structure | INR 2 – 40 Lakhs | INR 50,000 – 3 Lakhs | INR 1 – 4 Lakhs |
Key Features | Full-time, Campus-based, Placements, Internships | Flexible, Self-paced, No campus visits required | Virtual classes, Interactive sessions, Flexible schedule |
Mode of Study | In-person classes | Offline materials | Online classes |
Interaction | Face-to-face with faculty and peers | Limited Interaction | Online Interaction |
Please Note: The fee may subject to change as per time, location and more factors.
Top Online Universities/Institutes Offering an MBA
5Given below are some of the top business schools for online MBA:
| Top Online Universities with Courses | Fee Structure in INR |
| Amity Online MBA | 1,95,000 |
| Manipal Jaipur Online MBA | 1,75,000 |
| LPU Online MBA | 1,62,800 |
| Jain Online MBA | 1,20,000 |
| MAHE Online MBA | 2,80,000 |
| OP Jindal Online MBA | 1,60,000 |
| DY Patil Online MBA | 1,69,200 |
| Uttranchal Online MBA | 80,000 |
| GLA Online MBA | 98,000 |
| Symbiosis Online MBA | 3,00,000 |
Please Note: The fee mentioned above may change with time. However, to have more clarity, students can visit Hike Education and get expert counselling.
MBA Fees Structure of Top 10 Non-IIMs, IIMs and IITs
Non-IIMs
Given below are the top 10 Non-IIMs offering an MBA:
Name of University/Institute | Entrance Exam Accepted | Course Offered | Course Fees (in INR) |
Faculty of Management Studies (FMS) | CAT | MBA | 50,000 |
Xavier School of Management (XLRI), Jamshedpur | XAT, GMAT | PGDM (BM), ExPGDM PGDM (BM), Three Year XLRI – Rutgers Double Masters Programme, PGDM (HRM), Fellow Programme & Research FPM, Executive FPM | 16.8 Lakhs |
S.P Jain Institute of Management & Research (SPJIMR) | CAT, XAT, GMAT | PGDM | 17.5 Lakhs |
Indian Institute of Foreign Trade (IIFT) | IIFT | MBA | 7.6 Lakhs |
Symbiosis Institute of Management, Pune | SNAP | MBA | 20.5 Lakhs |
Narsee Monjee Institute of Management Studies (NMIMS) | NMAT | MBA | 18 Lakhs |
MICA, Ahmedabad | MICAT, CAT, XAT, GMAT | PGP/FPM/CCC | 21 Lakhs |
Tata Institute of Social Sciences (TISS), Mumbai | TISS | MA | 2.5 Lakhs |
Indian School of Business (ISB), Hyderabad | GMAT | PGPM | 32.8 Lakhs |
Birla Institute of Technology & Science (BITS), Pilani | BAAT/XAT/CAT/GMAT | MBA – BA | 2,18,500 Per Semester |
IIMs
Given below are the top10 IIMs offering an MBA:
Name of IIM | Course Fees (INR) |
IIM Ahmedabad | 23 Lakhs |
IIM Bangalore | 23 Lakhs |
IIM Calcutta | 27 Lakhs |
IIM Kozhikode | 22.50 Lakhs |
IIM Lucknow | 19.25 Lakhs |
IIM Amritsar | 13.20 Lakhs |
IIM Indore | 10.95 Lakhs |
IIM Bodh Gaya | 12.95 Lakhs |
IIM Tiruchirappalli | 16.50 Lakhs |
IIM Kashipur | 15.42 Lakhs |
IITs
Given below are the top10 IITs offering an MBA:
Name of the IIT | Annual Fees (INR) |
IIT Kanpur | 1.54 Lakhs |
IIT Madras | 4 Lakhs |
IIT Roorkee | 4.2 Lakhs |
IIT Dhanbad | 1.77 Lakhs |
IIT Kharagpur | 3.14 Lakhs |
IIT Bombay | 2.2 Lakhs |
IIT Delhi | 4.8 Lakhs |
Please Note: The fee mentioned above may change with time. However, to have more clarity, students can visit Hike Education and get expert counselling.
MBA Fees Structure: Top Universities/Institutes Under 10 Lakhs, 5 Lakhs and 1 Lakh
MBA Fees Under 10 Lakhs
Here are the top university/institute offering MBA in less than INR 10 lakhs:
Name of the University/Institute | Course Name | Fees (INR) |
IIT Delhi – Department of Management | MBA Telecommunication Systems Management | 8.08 Lakhs |
IIT Bombay – Shailesh J. Mehta School of Management | MBA | 8.32 Lakhs |
NITIE-Mumbai | PGD Industrial Safety and Environmental Management | 8.50 Lakhs |
IIT Kharagpur-Vinod Gupta school of Management | MBA | 9.30 Lakhs |
BITS-Pilani | MBA | 9.26 Lakhs |
IIT Roorkee | MBA | 6.23 Lakhs |
IIT Delhi – Department of Management Studies | MBA | 8.80 Lakhs |
MBA Fees Under 5 Lakhs
Here are the top university/institute offering MBA in less than INR 5 lakhs:
Name of the University/Institute | Course Name | Fees (INR) |
Faculty of Management Studies (FMS), Delhi | MBA | 2 Lakhs |
Tata Institute of Social Sciences (TISS), Mumbai | MBA | 1.85 Lakhs |
JBIMS, Mumbai | MBA | 3 Lakhs |
Department of Management Studies, Pune University (PUMBA) | MBA | 1.33 Lakhs |
Delhi Technical University (DTU), Delhi | MBA | 4.12 Lakhs |
SIMSREE, Mumbai | Master of Management Studies (MMS) | 1.36 Lakhs |
Christ University | MBA | 4.75 Lakhs |
International School of Management and Research (ISMR) | MBA | 3 Lakhs |
Chandigarh University (CU) | MBA Tourism and Hospitality | 4.4 Lakhs |
Doon University, Dehradun | MBA | 1.56 Lakhs |
MBA Fees Under 1 Lakh
Here are the top university/institute offering MBA in less than INR 1 lakh:
Name of the University/Institute | Course Name | Fees (INR) |
Delhi School of Economics, University of Delhi | MBA IB and MBA HRD | 31,392 |
Jamia Millia Islamia (JMI) | MBA | 47,000 |
BK School of Business Management | MBA | 24,000 |
Institute of Management Studies, Banaras Hindu University (BHU) | MBA in International Business | 99,288 |
LN. Welingkar Institute of Management Development and Research | PGP Foreign Trade Management | 94,400 |
YMCA- New Delhi | PGD Aviation & Tourism Management | 71,350 |
Department of Management Studies, Anna University | MBA | 98,730 |
Garware Institute of Career Education and Development, University of Mumbai | PGDM Hospital Administration | 60,000 |
Please Note: The fee mentioned above may change with time.
MBA Fees Structure: Government and Private Universities/Institutess
Government Universities
Government universities often provide MBA programmes at a significantly lower fee, making them an attractive option:
|
Name of University/Institute |
Fees (INR) |
|
University of Delhi, Faculty of Management Studies, New Delhi |
96,000 |
|
Jamia Millia Islamia University, New Delhi |
65,100 |
|
Institute of Management Studies, Banaras Hindu University, Varanasi |
1,20,767 |
|
Pondicherry University, Pondicherry |
74,718 |
|
Department of Management Studies, Anna University, Chennai |
20,500 |
|
University of Jammu, Jammu |
78,071 |
|
Department of Management Science, Savitribai Phule Pune University, Pune |
66,194 |
|
Maharaja Sayajirao University of Baroda, Vadodara |
14,500 |
|
Ganpat University, Mehsana |
95,000 |
Private Universities
For those looking at private institutions with a fee under 10 lakhs, here are some options:
|
Name of University/Institute |
Fees (INR) |
|
Vellore Institute of Technology, Vellore |
3,51,500 |
|
Bharathidasan Institute of Management, Tiruchirappalli |
7,09,101 |
|
Xavier University, Bhubaneswar |
7,20,000 |
|
Institute of Management, Nirma University, Ahmedabad |
5,02,000 |
|
ICFAI Foundation for Higher Education, Hyderabad |
7,02,000 |
|
Woxsen University, Hyderabad |
6,95,000 |
|
Symbiosis Institute of Business Management, Pune |
9,60,000 |
|
Vinod Gupta School of Management, Kharagpur |
5,21,900 |
|
KIIT School of Management, Bhubaneswar |
6,80,000 |
Top 5 MBA Universities/Institutes with Best ROI
When considering the MBA fee structure, it’s essential to look at the ROI—how much you can expect to earn after completing the programme relative to the investment you make. Here are the top 5 MBA universities/Institutes in India known for their excellent ROI:
Name of University/Institute | Total Fees | Average Package (INR) |
Delhi School of Economics, University of Delhi | 31,392 | 14.50 LPA |
Faculty of Management Studies (FMS), Delhi | 2,00,000 | 23.2 LPA |
IIM, Ahmedabad | 24,00,000 | 36 LPA |
TISS, Mumbai | 1,85,000 | 20 LPA |
IIT, Roorkee | 9,67,000 (Hostel & Mess Included) | 18.34 LPA |
XLRI, Jamshedpur | 23,00,000 | 30 LPA |
Please Note: The fee and salary mentioned above may change with time.
Points to Consider
- Return on Investment (ROI): Evaluate the potential salary increase and career advancement opportunities compared to the cost of the MBA.
- Scholarships and Financial Aid: Explore available scholarships and financial aid options to reduce the overall cost.
- Programme Accreditation: Ensure the MBA program is accredited by recognized bodies.
- Specialisations: Choose a specialisation that aligns with your career goals.
- Location: Consider the cost of living and job market in the location where the program is offered.
Conclusion
Choosing the right MBA programme requires careful consideration of the MBA fee structure alongside other critical factors such as the reputation of the institution, program type, and potential return on investment. Whether you opt for a regular, distance, or online MBA, aligning the programme’s cost with your career aspirations and financial capacity is essential.
For full career guidance, you can definitely connect with Hike Education expert counsellors.
MBA Fee Structure: FAQs
Q1. What is the lowest MBA Fee?
There are a number of universities or institutes that offer mba under INR 1 Lakh:
- -Delhi School of Economics, University of Delhi
- -Jamia Millia Islamia (JMI)
- -Institute of Management Studies, Banaras Hindu University (BHU)
- -LN. Welingkar Institute of Management Development and Research
- -IGNOU, Delhi
Q2. What is the total cost of doing an MBA?
Usually, MBA fee cost in India ranges from INR 2,00,000 to INR 40,00,000. However, it also depends on various factors like time, location and specialisations.
Q3. Can I do MBA with 50%?
Yes, the minimum eligibility in most business schools is 50% in bachelors and relevant entrance exam scores.
Q4. Why is MBA fee so high?
Despite of the fact that the course is a post graduate programme, it s highly reputed and in demand not only among aspiring students but also working professionals. MBA business schools invest a lot on expert faculty and infrastructure, which are some of the reasons why the fees is so high.
Q5. Is MBA hard?
MBA degrees are not hard. Although, it totally depends on each person’s interest. The degree is definitely challenging but not impossible.
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