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!
- List of 10 Popular MBA Colleges with Fees Under 5 …
- Eligibility Criteria at Top MBA Colleges with Fees Under 5 …
- Application Process at Top MBA Colleges with Fees Under 5 …
- MBA Specializations Offered in MBA Colleges with Fees Under 5 …
- ROI of MBA Colleges with Fees Under 5 Lakhs
- Top MBA Recruiters for Colleges with Fees Under 5 Lakhs
- Faqs
Searching for the list of 10 popular MBA colleges with fees under 5 lakh? Most students now want to do an MBA but are concerned about exorbitant fees. The silver lining is that several institutes in India provide good quality MBA course at a reasonable price, with fees below INR 5 lakhs. These colleges impart great education, good faculty, and required industry exposure, and hence are an ideal option for those who wish to establish a career in business management without emptying their pockets.
Some of the top MBA colleges in India 2025 have designed their MBA programs to provide affordability as well as value. These colleges tend to partner with some of the leading multinational corporations, providing students with practical exposure through industrial training and placement. Some of these institutes are situated in big cities such as Mumbai, Delhi, Gujarat, and Kolkata, making them easily accessible. While premier institutions such as IIMs, XLRI, MDI, and SPJIMR take between INR 15-36 lakhs, a few government and private colleges provide the same degree at a quarter of the cost. Executive MBA (EMBA) courses also provide a cost-effective option. Here's a list of 10 popular MBA colleges with fees under 5 lakh, their ROI, accepted entrance exams and more.
Also Read: List of 10 Popular MBA Colleges with Fees Under 10 Lakh
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
Eligibility Criteria at Top MBA Colleges with Fees Under 5 Lakh
If you are considering pursuing an MBA from any of the top 10 MBA colleges with fees under 5 lakh, it is crucial to know about the eligibility criteria. Though all colleges have the same general eligibility criteria, there may be slight differences based on the university.
- Generally, to pursue an MBA program with a fee of less than 5 lakh, you need a bachelor's degree in any field—technology, science, commerce, or humanities—from a well-known university.
- Most institutes and universities also mandate that the candidates have at least 50% aggregate marks in their corresponding degree.
- These are the basic requisites which you will generally find in all major MBA colleges with fees less than 5 lakh.
Application Process at Top MBA Colleges with Fees Under 5 Lakh
If you wish to study an MBA from a popular college with fees under 5 lakh, you will find that even those high-end colleges require entry through entrance exams. These might be national-level exams, university-level exams, or institute-level exams.
- To get in, you need to fulfill the eligibility criteria first.
- In most cases, this involves holding a bachelor's degree in any discipline, although there can be a specific academic requirement for certain MBA specializations.
- After becoming eligible for the necessary entrance test, you will have to undergo the selection process.
- Certain colleges offer direct admission based on entrance exam scores, so you can just fill up an application form without going through further rounds.
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.
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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
Yes, there are several MBA colleges with fees under 5 lakhs. Though MBA is a costly course with a high tuition fee, some colleges do offer affordable tuition fee rates to students. The demand for MBA courses has led these universities to introduce affordable MBA programmes.
Yes, the MBA colleges with fees under 5 lakhs are good. Students should not assume that as low fees are being charged, the quality of education will not be up to the mark. These MBA colleges offer quality training to students and have links with the industry that ensure students have good career prospects after graduation.
Several Indian cities have MBA colleges with fees under 5 lakhs. The cities include Delhi, Mumbai, Kolkata, Bangalore and Gujarat. The institutes charge lower fees than the reputed IIMs. Among these MBA colleges, most of them are government institutes and therefore offer MBA programmes at reasonable rates.
The top MBA colleges with fees under 5 lakhs are Prin. L. N. Welingkar Institute of Management Development & Research-Mumbai, Delhi Technical University, Institute of Management Studies, Benaras Hindu University, Faculty of Management Studies, Delhi University and Tata Institute of Management Studies, Mumbai.
The entrance exams that are accepted at MBA colleges with fees under 5 lakhs are CAT, MAT, XAT, SNAP, ATMA, GMAT, CMAT, AUD MBA entrance test, PERA and MAH MBA CET. These exams are important to get admission to prestigious MBA colleges and students must score a good percentile to get admission easily.
No, IIMs are not included in MBA colleges with fees under 5 lakhs. IIMs charge fees between INR 10,00,000 to 23,00,000 depending on the location. IIM Kashipur charges the lowest fee of INR 7,31,500 while IIM Banglore charges the highest, that is, 23,00,000 for the entire 2 years course.
Yes, Christ University Bangalore is an MBA college with fees under 5 lakhs. The tuition fee to study in the university for students who reside in Karnataka is INR 4,20,000. The students outside Karnataka will have to pay INR 4,30,000. The foreign nationals will have to pay a fee between USD 7,500 and USD 8,000.
The average package offered at MBA colleges with fees under 5 lakhs is between INR 6,00,000 and INR 10,00,000. Eligible students were offered packages of more than INR 25 lakhs. The salaries accelerate as soon as the students increase their skills and gain experience.
The top recruiters at MBA colleges with fees under 5 lakhs are Accenture, Capgemini, Hindustan Lever, Aditya Birla Group, Microsoft, Samsung, HSBC and Kotak Mahindra Bank. The return on investment after studying at these colleges is high as the tuition fees are low and the remunerations are attractive. Students can get the costs incurred covered in a year.
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