MBA Fees in India 2025: Check Fees of Top MBA Colleges in India

The annual MBA course fees in India range from INR 15,000 to INR 35,00,000. The MBA course fees in Government colleges have been observed to be lower compared to the charges at private institutions. The tuition fee at IIMs rises up to INR 27,00,000 (IIM Calcutta). 

MBA Fees in India can range from roughly INR 15,000 to INR 35 lakh. The tuition fees at government colleges have been observed to be lower when compared to those at private MBA institutions. This is because they receive financial aid from the state or the central government to conduct their MBA programs. Notably, the top MBA colleges in India are the Indian Institutes of Management (IIMs) where the MBA fees range from INR 17,30,000 to INR 27,00,000. There are variations in course fees even among the IIMs, for instance, the fee for the PGP program at IIM Sirmaur is INR 17,50,000, while the MBA course fee at IIM Ahmedabad is INR 26,10,000 lakh.

Apart from IIMs, the MBA fees at other Tier 1 colleges in India like SPJIMR, MDI Gurgaon, IIFT Delhi, XLRI, etc. are very high, ranging from INR 14,00,000 to INR 28,00,000. However, it comes as a relief to the candidates that there are still many top MBA colleges in India like FMS Delhi and JBIMS Mumbai that offer affordable MBA courses despite having an excellent placement record. Several factors, including hostel amenities, infrastructure quality, curriculum offerings, and the overall reputation of the college influence the cost of pursuing an MBA. When choosing an MBA college in India, students often prioritize the affordability of the fees. In this article, Collegedekho presents a list of top colleges in India with their MBA course fees details. 

Also Read:

MBA Fees in India 2025 for IIMs

When discussing MBA colleges in India, the Indian Institutes of Management (IIMs) stand out as the premier MBA institutions in the country. India has over 20 IIM campuses scattered across the country, each with its unique fee structure. Considering the MBA fees in India 2025 for IIM institutions is important for candidates to make an informed decision while choosing which institution to go for an MBA. For instance, the PGP program at IIM Sirmaur has a fee of INR 17.50 lakh, whereas the MBA program at IIM Ahmedabad requires INR 26.10 lakh in fees.

In the table provided below are listed the IIM fees for MBA 2025:

List of IIMs in India

MBA Average Fees in India 2025 (Approx.)

IIM Ahmedabad (IIM A)

INR 26,20,000

IIM Bangalore (IIM B)

INR 26,20,000

IIM Calcutta (IIM C)

INR 27,00,000

IIM Lucknow (IIM L)

INR 20,75,000

IIM Indore (IIM I)

INR 21,16,000

IIM Kozhikode (IIM K)

INR 20,50,000

IIM Shillong (RGIIM)

INR 26,28,000

IIM Raipur

INR 18,00,000

IIM Ranchi

INR 17,50,000

IIM Rohtak (IIM R)

INR 17,90,000

IIM Kashipur

INR 17,30,000

IIM Trichy

INR 21,00,000

IIM Udaipur (IIM U)

INR 17,30,000

IIM Amritsar

INR 21,00,000

IIM Bodh Gaya (IIM BG)

INR 18,00,000

IIM Nagpur (IIM N)

INR 18,90,000

IIM Sambalpur

INR 21,00,000

IIM Sirmaur (IIM S)

INR 17,50,000

IIM Visakhapatnam (IIM Vizag)

INR 20,86,000

IIM Jammu (IIM J)

INR 20,73,000

IIM Mumbai (Formerly NITIE)

INR 21,00,000

Also Read: IIM Salary after 5 Years

People Also Ask:

Ques: What are the MBA average fees in India in Tier 2 cities?

Ans: If you are thinking of doing an MBA in a Tier 2 Indian city, expect tuition fees to typically range from INR 6 lakh to INR 10 lakh. But if you are thinking about private schools, get ready to pay more—some of them charge up to INR 18 lakh just for tuition. On top of all this, you will also have to account for the costs such as hostel accommodation and other miscellaneous charges, and these will add up to a cost of around INR 22 lakh. These costs are approximate estimates and could also depend on which university, and how prestigious that university is along with what the facilities in it are like.

Ques: What are the MBA average fees in India in Tier 3 cities?

Ans: In Tier 3 cities in India, an MBA is usually less expensive than in urban cities. Tuition charges would be anywhere from INR 2 lakh to INR 10 lakh for the full program. Government institutions tend to charge on the lower side of this range, whereas private colleges will charge more. For example, government colleges in India charge for MBA courses from INR 2 lakh to INR 10 lakh.

MBA Fees in India 2025 for Top B-Schools Other than IIMs

Apart from IIMs, many other B-schools have been ranked among the top in India. Some of them are MDI Gurgaon, IIFT-Delhi, and XLRI-Jamshedpur. MBA fees of these colleges range from INR 11 lakh per annum to INR 30 lakh. The table provided below will help you know the MBA fees in India for top B-Schools other than IIMs.

List of  B-Schools other than IIMs

Program Offered

MBA Average Fees in India 2025 (Approx.)

FMS, Delhi

MBA

INR 2,32,000

MDI, Gurgaon

PGPM

INR 24,99,400

IIFT, New Delhi

MBA International Business

INR 21,77,000

Symbiosis Institute Of Business Management, Pune

MBA

INR 20,96,000

IMI, Delhi

PGDM

INR 22,00,000

IMT, Ghaziabad

PGDM

 INR 21,53,000

BIMTECH, Greater Noida

PGDM

INR 14,00,000

IRMA, Anand

PGDRM

INR 13,60,000

TAPMI, Manipal

PGDM

INR 16,87,000

Symbiosis Institute of Business Management, Bangalore

MBA

INR 20,42,000

XLRI Jamshedpur, Xavier School of Management

PGDM

INR 28,60,000

SPJIMR, Mumbai

PGDM

INR 24,00,000

ISB, Hyderabad

PGPM

INR 41,78,000 (+ taxes)

Jamnalal Bajaj Institute of Management Studies, Mumbai

MMS

INR 6,00,000

NMIMS Mumbai, School of Business Management

MBA

INR 25,00,000

Prin. L. N. Welingkar Institute of Management Development & Research, Mumbai

PGDM

INR 4,31,000 (annually)

K. J. Somaiya Institute of Management Studies And Research, Mumbai

PGDM International Business

INR 25,17,000

Xavier Institute of Management, XIMB, Bhubaneshwar

MBA Business Management

INR 22,00,000

Great Lakes Institute of Management, Chennai

PGPM

INR 15,36,000

Entrepreneurship Development Institute of India, Ahmedabad

PGDM Business Entrepreneurship

INR 8,90,000

Colleges with Less than Rs 10 Lakh MBA Fees in India 2025

Some of the colleges that have MBA average fees in India which is less than INR 10 lakh per annum are provided in the table below.

Colleges with Less than Rs 5 Lakh MBA Fees in India 2025

Candidates looking for colleges that have MBA fees in India which is less than 5 lakh per annum can check the table provided below. 

Institute Name

Location

MBA Average Fees in India 2025 (Approx.)

Faculty of Management Studies (FMS), University of Delhi

New Delhi

INR 2,32,000

Sydenham Institute of Management Studies and Research and Entrepreneurship Education (SIMSREE)

Mumbai

INR 1,38,000

Department of Management Sciences (PUMBA), Savitribai Phule Pune University

Pune

INR 1,37,500

Department of Management Studies, Anna University

Chennai

INR 1,18,440

Department of Financial Studies, University of Delhi

New Delhi

INR 97,000

Institute of Management Studies, Banaras Hindu University

Varanasi

INR 99,290

University Business School, Panjab University

Chandigarh

INR 2,40,270

Indian Institute of Social Welfare and Business Management (IISWBM)

Kolkata

INR 4,95,000

Colleges with Less than Rs 1 Lakh MBA Fees in India 2025

Most of the MBA colleges with fees of less than INR 1 lakh per annum are central or state-level universities. The table provided below contains some of the top B-Schools of India which have fees less than INR 1 lakh.

Institute Name

MBA Average Fees in India 2025 (Approx.)

Jamia Millia Islamia (JMI), New Delhi

INR 47,000

Department of Financial Studies, University of Delhi

INR 97,000

Institute of Management Studies, Banaras Hindu University

INR 99,290

BK School of Business Management, Gujarat University

INR 80,000

Also Read:IGNOU MBA Fee Structure 2025

Factors Determining MBA Course Fees in India

There is a significant difference among the MBA fees in India 2025 across different institutions owing to the following factors:

  • Reputation and ranking of the institution serve as the primary criterion for the variation in fee range. Since the most premier institutions like IIMs, ISB, MDI Gurgaon, XLRI, IIFT Delhi, Symbiosis Bangalore, etc. have a greater brand value, infrastructure, alumni network, and placement records, the MBA course fees at these colleges are comparatively higher.
  • MBA course fees also vary across the different modes in which the programmes are offered. For instance, a full-time MBA is the most expensive due to the comprehensive curriculum, resources, and facilities provided. An Executive MBA is also expensive since it has a tailored curriculum specifically designed for working professionals with few years of experience at the managerial level and offered by highly qualified and experienced faculty. Compared to these, a part-time MBA and a Distance MBA have been observed to be less expensive.
  • Colleges with modern infrastructure and facilities like state-of-the-art campuses, libraries, hostels, sports facilities, etc. often demand higher course fees.
  • It has also been observed that colleges with strong placement records or industry ties and high average salary packages charge higher fees.
Also Read: FMS Delhi MBA Salary 2025

Admission Process at MBA Colleges in India

Before enrolling in the MBA colleges in India, candidates must first determine whether they want to pursue an MBA in Finance, Marketing, HR, Operations Management, Business Analytics, International Business, or IT, etc. and then look for the institutes that offer their desired programme. Candidates must have obtained a bachelor's degree with a minimum of 50% marks (45% for reserved categories) from a recognized university and professional experience ranging from 2-5 years to seek admission to these institutes. Apart from that, clearing entrance exams like CAT/XAT/MAT also stands as mandatory. Candidates obtaining the minimum cutoff scores in the MBA entrance exams become eligible for the subsequent rounds like Group Discussion (GD) evaluation of the communication skills and group dynamics of the candidate, Personal Interview (PI) that assesses his/her personality, motivation, and competence for the programme, and Written Ability Test (WAT) that evaluates his/her written communication skills and thought process. The final admission will be based on the Merit List created based on the overall performance of the candidates in the entrance exam, GD, PI, and WAT. Candidates must secure their seats after application fee payment and document verification.

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You can check the fee structure of all the MBA colleges in India from their information brochure as well as the official website. Apart from this, you can also call on our toll-free number. Our experts will help you know the admission process and the MBA course fees of the selected college. Those who are looking for admission to any MBA college in India can fill out our Common Application Form.

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FAQs

What is the average fees for MBA in India?

Average fees for an MBA in India lie in the range of  INR 10–25 lakhs in top institutes such as IIMs and ISB. For other reputed private universities, it generally lies between INR 5–15 lakhs. Public universities and state-funded colleges offer the course at a much more affordable range, which often lies in the range of INR 50,000–2 lakhs. Hence, the specific fees vary depending on the institute, program type-whether regular, executive, or online-and the location, and it is really important to study about the institutes in detail.

What is the minimum fees for MBA in India?

MBA fees in India can be vastly different from one another. Some colleges start their MBA at below INR 5 lakh, while as of 2025, Chandigarh University is around INR 3.56 lakh and Christ University at Bangalore is close to INR 4.2 lakh. Here, these universities offer relatively affordable options to students as the premier IIMs cost above INR 20 lakh.

What is the average fees for MBA in IIM Colleges in India?

The average MBA fees in IIM colleges in India for 2025 can vary a lot. The older IIMs like Ahmedabad, Bangalore, and Calcutta vary between INR 24 to 27 lakh; for the newer IIMs, the total fees might be under INR 20 lakh. These fees cover tuition, accommodation, as well as other charges.

What is the estimated fee for studying MBA in India?

It totally depends on the college which the student is targeting for admission. The average fee of IIMs is INR 14 lakh while the average fee for other private MBA colleges in India is INR 9 lakh.

Which college in India has the cheapest MBA program?

The institutes offering affordable MBA programs include FMS Delhi with fees below INR 2 lakhs, providing excellent ROI. TISS Mumbai has fees ranging from INR 2 to INR 3 lakhs; Jamnalal Bajaj Institute of Management Studies offers an MBA worth INR 6-7 lakhs; Department of Financial Studies DU; another way to get an affordable MBA is through government universities such as IGNOU and some state universities, which also offer low-cost MBA programs with quality education.

Why are MBA fees so high?

MBA is a professional postgraduate course that is high in demand. MBA colleges not only have to arrange high-quality curriculum but also top-notch faculty, industry-visits, practical exposure, placement and networking services etc all of which contribute towards increasing the fee for MBA courses.

Can I study MBA for free?

Yes, you can study MBA for free with the help of scholarships. There are many colleges that offer MBA scholarships in India such as MDI Gurgaon, IRMA Anand, ISB Hyderabad and Amity Noida. You will have to satisfy the eligibility criteria decided by the college to apply for scholarships.

What is the average fees for MBA in Top B schools in India?

The average fees for MBA in Top B schools in India is INR 9 lakh.

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