Searching for affordable MBA colleges in India? This article outlines the list of top 10 most popular MBA colleges with fees under 10 lakh. Check these institutes to seek quality education at an affordable cost and move further towards your professional career.
If you want the list of 10 popular MBA colleges in India with fees under 10 lakh , some well-known institutions provide quality education at reasonable tuition fees. While choosing an MBA course , it is necessary to keep in mind parameters like faculty specialization, industry interface, infrastructure, teaching methodology, hostel, tuition fees, and placement. Government and university-funded MBA colleges tend to have lesser fees than private colleges. For example, MBA courses that involve international study modules tend to be more expensive, whereas institutes funded by the government provide them at a fraction of the cost.
Getting an MBA from one of the top MBA colleges in India 2025 will unlock the avenues for improved career opportunities, job advancement, and leadership positions. The top colleges with affordable budgets are FMS, IIT Roorkee, JBIMS, SIMSREE, PUMBA, and SRM, with the best return on investment programs. The 10 popular MBA colleges in India with fees under 10 lakh are listed below.
Also Read: List of 10 Popular MBA Colleges with Fees Under 5 Lakh
Top 10 Popular MBA Colleges with Fees Under 10 Lakh
The table provided below highlights the top 10 most popular MBA colleges in India with total fees under INR 10 lakhs:
Name of College | Course Name | Course Fees (in INR) |
|---|---|---|
MBA | 8,80,000 | |
MBA | 8,32,000 | |
National Institute of Industrial Engineering (NITIE), Mumbai | PGD in Industrial Safety and Environmental Management | 8,50,000 |
MBA | 9,30,000 | |
MBA | 6,23,000 | |
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai | Masters in Management Studies (MMS) | 3,00,000 |
PGDM | 7,65,000 | |
PGDM | 7,95,000 | |
PGDM | 7,50,000 | |
MBA | 7,60,000 |
Note: These colleges have been noted for providing good quality management education at comparatively reasonable prices. Getting admission into these courses usually involves passing entrance tests like CAT, XAT, CMAT, or MAT, followed by group discussions and personal interviews.
MBA Colleges with Fees Under 10 Lakhs Cutoff
Different MBA/PGDM colleges with fees under Rs.10 lakhs have different cutoff scores and admissions requirements. The chart below shows the cutoff for admission to a variety of India's top MBA programmes with fees under Rs.10 lakhs.
Name of the MBA College | Exams Accepted | Cutoff Percentile |
|---|---|---|
| XAT/ GMAT/ GRE/ IIFT/ MICAT/ TISSNET/ IBSAT | 95+ | |
| CAT | 97.5+ | |
| GMAT/ NMAT/ CAT/ XAT | 97+ | |
| CAT | 98+ | |
| MAH CET/ CMAT/ CAT/ GMAT | 97+ | |
| SNAP | 97+ | |
SCMHRD, Pune | SNAP | 95+ |
| CAT | 96+ | |
Vinod Gupta School of Management, IIT Kharagpur | CAT/ GMAT | 90+ |
K J Somaiya Institute of Management Studies and Research, Mumbai | CAT/ XAT/ GMAT/ CMAT/ NMAT | 87+ |
ROI of MBA Colleges with Fees Under 10 Lakhs
A ratio between profitability acquired and investment is known as Return on Investment. A high ROI indicates that the returns on the investment outweigh the costs. ROI is used to assess an investment's effectiveness or to compare the effectiveness of multiple distinct investments. Below is a list of the best MBA schools with tuition under Rs. 10 lakhs and the ROIs offered by them.
Name of the Institute | Average Annual Fees (in INR) | Average Package Offered (in INR) | Highest Package Offered (in INR) |
|---|---|---|---|
5,25,000 – 10,67,000 | 9,08,000 | 24,98,000 | |
Department of Financial Studies (DFS), DU | 48,000 | 13,80,000 | 20,80,000 |
Faculty of Management Studies (FMS), Delhi University | 1,94,000 | 26,40,000 | 58,00,000 |
IIT Delhi - Department of Management Studies | 8,80,000 | 18,50,000 | 33,80,000 |
Symbiosis Centre for Management and Human Resource Development, Pune | 8,13,000 | 15,00,000 | 32,80,000 |
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai | 3,04,000 | 18,91,000 | 44,00,000 |
SIMSREE Mumbai | 1,35,000 | 10,84,000 | 23,24,000 |
8,04,000 | 11,68,000 | 31,86,000 | |
PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University | 1,32,388 | 8,01,000 | 15,30,000 |
6,19,000 | 19,36,000 | 31,89,000 |
ROI=(Average Placement Package/Average Annual Fees)*100%
Top Recruiters for MBA Colleges with Fees Under 10 Lakhs
The institute-wise top recruiters for the top MBA colleges with fees under lakhs have been tabulated below:
Name of the College | Top Recruiters |
|---|---|
Faculty of Management Studies (FMS), Delhi University |
|
K. J. Somaiya Institute of Management Studies & Research |
|
Principal L N Welingkar Institute of Management Development and Research |
|
If candidates graduate from a prestigious Indian university, they will gain recognition in the business sector on a global scale and be able to seek lucrative and challenging work opportunities. The importance of including entrepreneurship education in the curriculum is that it helps students make the transition from job seekers to employers. Recognized institutions have substantial networks of graduates who have gone on to work for eminent organizations all across the world.
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Candidates who wish to know the detailed fee structure of any MBA college in India can ask questions on the Collegedekho QnA zone . Besides this, those who want any admission-related assistance can call our toll-free number 18005729877 or fill out our Common Application Form .
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FAQs
Apart from IIMs and other government-led institutions, there are many other private MBA colleges and B-Schools for aspirants to pursue MBA under 10 lakhs. Some of these MBA colleges with fees under 10 lakhs are Symbiosis Institute of Business Management in Bangalore, Jamnalal Bajaj Institute of Management Studies in Mumbai, Birla Institute of Technology and Science (BITS) Pilani, Symbiosis Centre for Management and Human Resource Development in Pune, Amity University Gwalior, KIIT School of Management in Bhubaneswar, Christ University Bangalore, and more.
No, the overall IIM Bangalore fees for the MBA/PGP programme are around INR 24,50,000. MBA costs at IIM Bangalore will cover tuition, internet, library, dormitory accommodation, and other expenses. Students will be expected to pay the caution deposit and mess in advance, in addition to the IIM Bangalore fees. Having said that, IIMB provides financial help and scholarships to shortlisted students for the MBA/PGP programme based on the CAT scores.
Every MBA student wishes to begin his or her career in business and management by studying at an IIM. Having said that, as prestigious as it is to study and graduate from an IIM institute, it leaves a significant financial hole in the graduates' pockets. Sadly, there are no IIMs in India where hopefuls can pursue MBA under 10 lakhs. MBA tuition ranges between INR 12 lakhs and INR 27 lakhs for candidates.
MBA is a very popular course when it comes to postgraduate degrees and in the race to being the finest university, leading MBA colleges in Hyderabad have been coming out with options under 10 lakhs also for aspirants to choose from. Some of the best options for an MBA under 10 lakhs in Hyderabad are BRAOU Hyderabad - Dr BR Ambedkar Open University, Manage Hyderabad - National Institute of Agricultural Extension Management, Chaitanya Bharathi Institute of Technology, Vardhaman College of Engineering, MRCET Hyderabad, Vishwa Vishwani Institute of Systems and Management, and St Anns College for Women.
Ahmedabad is home to some of the best MBA programs. It has roughly 70 management colleges that provide up to 432 courses. Among those, MBA colleges and institutes like Ahmedabad University, Shanti Business School (SBS), Institute of Management at Nirma University, LJ Institute of Engineering and Technology, Institute of Management, Indus University, Adani Institute of Infrastructure Management (AIIM), ICFAI Business School (IBS), MICA-The School of Ideas are among the top options for aspirants for pursuing an MBA under 10 lakhs.
Some of the top cheap MBA colleges under 10 lakhs in Pune are spread across the city so it is convenient for students to opt for one. PUMBA Pune, MITCON Institute of Management, AISSMS Institute of Management, Bharati Vidyapeeth, Dr D.Y. Patil Institute of Management and Entrepreneur, Institute of Science’s Institute of Business Management & Research and Trinity Institute of Management and Research are a few prominent examples of such MBA colleges that are offering MBA degrees under 10 lakhs.
Many top MBA colleges in Bangalore are known to have some of the most affordable MBA programmes for aspirants under 10 lakhs. Some of these universities are Dr Ambedkar Institute of Technology, Bangalore University, BMS College of Engineering, Jain University, Department of Management Studies at Indian Institute of Science, Presidency College, DSCE Bangalore and more.
There are several top MBA colleges in Delhi including both Public/Government and Private institutions where aspirants can pursue MBA for under 10 lakhs. Management Education and Research Institute, Jamia Hamdard, JMI New Delhi, FMS Delhi, IGNOU Delhi, Department of Commerce at the University of Delhi and DIPSAR New Delhi are among many institutes for budget-friendly and low-cost MBA programmes.
Some of the top business schools and colleges in Mumbai for MBA with fees under 10 lakhs for aspirants are KJ Somaiya Institute of Management, Prin LN Welingkar Institute of Management Development and Research, IES Management College and Research Centre, IIT Bombay: Shailesh J Mehta School of Management, TISS Mumbai, CIMR Mumbai, SIES College of Management Studies and SIES School of Business Studies, and more.
Yes, absolutely. MBA and management aspirants can think of pursuing an MBA degree in India for under INR 10 lakhs. They can find a plethora of options (especially government colleges and business schools) where they can pursue an MBA degree for around or less than INR 10 lakhs. Some of the colleges that have the best ROI and low tuition fees are FMS Delhi, TISS Mumbai, JBIMS Mumbai, DMS OF IITs (especially IIT Delhi) and more.
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