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MBA Fees Structure 2026: Top MBA Colleges and their Fees

MBA, Master of Business Administration, traditionally a 2-year programme, is considered as one of the most sought-after courses from many generations. But, before deciding, one needs to make their budget as the degree more of a financial commitment. Understanding the MBA fees structure is one of the most important things to consider before making a decision. The fees for an MBA can start from INR 20,000 and go up to 40 lakhs or even more, depending on various factors. If you are considering pursuing the degree, this blog is your guide to understanding the MBA fees structure, different universities or institutes offering the course, and more.

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:

  1. Programme Type: Regular, Distance and Online MBA, all three have different fees structures.
  2. Location: Geographic location can impact costs due to living expenses and regional variations in tuition.
  3. Scholarships and Financial Aid: The availability of scholarships and financial aid can significantly reduce the overall cost.
  4. Specialisations: Certain specialisations like finance or marketing may have higher fees.
  5. 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 CoursesFee Structure in INR
Amity Online MBA1,95,000
Manipal Jaipur Online MBA1,75,000
LPU Online MBA1,62,800
Jain Online MBA1,20,000
MAHE Online MBA2,80,000
OP Jindal Online MBA1,60,000
DY Patil Online MBA1,69,200
Uttranchal Online MBA80,000
GLA Online MBA98,000
Symbiosis Online MBA3,00,000

 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
Please Note: The fee mentioned above may change with time. 

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

  1. Return on Investment (ROI): Evaluate the potential salary increase and career advancement opportunities compared to the cost of the MBA.
  2. Scholarships and Financial Aid: Explore available scholarships and financial aid options to reduce the overall cost.
  3. Programme Accreditation: Ensure the MBA program is accredited by recognized bodies.
  4. Specialisations: Choose a specialisation that aligns with your career goals.
  5. 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?

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    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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