In order to assist you in making the best MBA admission decision, this article analyzes popular MBA colleges with fees under 5 lakhs that offer full-time MBA/PGDM programs. Check out the popular MBA colleges mentioned here before you finalize your decision for admission!
MBA Colleges with Fees Under 5 Lakh: In response to the increased demand for graduates and postgraduates who can competently analyze, examine, and manage expanding enterprises, many respectable universities have introduced affordable yet top-quality Master of Business Administration (MBA) programs. It is a wise choice to enroll in an MBA program at a B-School in India that offers affordable courses with fees under 5 lakhs. Additionally, these colleges work in partnership with top MNCs to offer students outstanding industrial training programs and opportunities for job placement in a variety of industries.
There are a few top-notch institutions in India with excellent faculty and facilities, offering MBA courses with affordable tuition. Major cities like Mumbai, Delhi, Gujarat, and Kolkata are home to the top MBA colleges in India. For a two-year full-time residential MBA program, these MBA colleges charge fees in the range of Rs. 50,000 to Rs. 10 Lakhs, which is significantly less than other prominent MBA colleges like IIMs, XLRI, MDI, and SPJIMR, having a fee structure between Rs. 17 lakhs and Rs. 24 lakhs. Additionally, government colleges charge less than private MBA institutions and another option to get an affordable MBA degree is to take up an EMBA course .
Here, check out a list of the top 10 MBA colleges with fees under 5 lakhs, ROIs offered, and entrance exams accepted.
Also Read : Which Is Better: MBA After Graduation or After Work Experience
List of 10 Popular MBA Colleges with Fees Under 5 Lakhs
The table provided below contains the top MBA Colleges in India with fees under 5 lakhs:
Name of the College | Entrance Exams Accepted | Course Name | Course Fees |
|---|---|---|---|
Prin. L. N. Welingkar Institute of Management Development & Research-Mumbai | CAT/XAT/ATMA/GMAT/CMAT | PGP Media and Entertainment Management | INR 4,00,000 |
CAT | Master of Business Administration | INR 2,90,000 | |
CAT | MBA in International Business | INR 99,288 | |
AUD MBA Entrance Test | MBA/PGDM | INR 3,00,000 | |
CAT | Master of Business Administration | INR 1,94,000 | |
MBA in Human Resource Management and Labor Relations | INR 1,85,000 | ||
CAT | INR 1,51,000 | ||
CAT/ MAT/CMAT/ GMAT/ GRE/ ATMA & XAT | Master of Business Administration | INR 4,75,000 | |
CAT / XAT/ GMAT | INR 5,08,000 | ||
CAT/XAT/NMAT/GMAT/CMAT/ATMA/MAH MBA CET/PERA/MAT | MBA | INR 4,55,000 |
Also Read: Top 10 MBA Colleges in Mumbai with Low Fees
MBA Specializations Offered in MBA Colleges with Fees Under 5 Lakhs
The MBA specializations offered by top colleges with low fees in India include the following:
| Banking and Finance | Supply Chain Management |
|---|---|
| Sales and Marketing | Retail Management |
| Business Analytics | Agriculture and Food Business |
| International Business | Operations Management |
| Human Resource Management | Tourism Management |
ROI of MBA Colleges with Fees Under 5 Lakhs
Return on Investment (ROI) is the term used to describe the profit a student makes from attending a certain institution or university. It is the difference between the financial investment required to enroll in a particular MBA program and the average salary packages made available during placement drives. Below is a list of the best MBA schools with tuition under 5 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) |
|---|---|---|---|
8,000 - 2,00,000 | 5,20,000 - 12,00,000 | 57,65,000 | |
Faculty of Management Studies (FMS), Delhi University | 1,94,000 | 34,10,000 | 1,23,00,000 |
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai | 3,04,000 | 28,02,000 | 35,75,000 |
SIMSREE Mumbai | 1,35,000 | 10,97,000 | 19,00,000 |
Christ University, Bangalore | 2,40,000 | 6,00,000 | 21,46,000 |
1,28,000 | 6,33,000 | 23,00,000 | |
PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University | 1,32,388 | 8,01,000 | 15,30,000 |
Vels Institute of Science, Technology & Advanced Studies, Chennai | 1,75,000 to 2,10,000 | 6,60,000 | 8,00,000 |
2,79,000 | 6,40,000 | 18,00,000 | |
3,30,000 | 10,67,000 | 26,50,000 |
ROI = (Average Placement Package/Average Annual Fees)*100%
Top MBA Recruiters for Colleges with Fees Under 5 Lakhs
The most eminent recruiters for MBA graduates from MBA colleges with fees under 5 lakhs have been mentioned in the table below:
Accenture | Asian Paints |
|---|---|
Capgemini | Amazon |
Aditya Birla Group | Tata Consultancy Services |
Hindustan Unilever | ICICI Bank |
Yes Bank | Kotak Mahindra Bank |
Apple | E&Y |
Microsoft | Deloitte |
Samsung | HSBC |
Candidates will achieve international recognition in the business community and be able to pursue lucrative and demanding employment prospects on a global scale if they graduate from a reputable Indian university. The inclusion of entrepreneurship education in the curriculum has grown in importance as a means of assisting students in transitioning from being job searchers to employment providers. Reputable institutions have significant networks of alumni who have been employed by prestigious companies all over the world.
Related Articles:
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