Top MBA Colleges with Low Fees

Top MBA Colleges with Low Fees MBA KARO

Searching for top MBA colleges with low fees? Well, you’re in the right place. Many candidates want to pursue an MBA from a decent college without overspending.

But many aspirants believe that expensive MBA colleges only offer good placements. The reality is quite different. High fees do not ensure placements in top companies. It all depends on the performance in your MBA journey. 

Many low-fee MBA colleges are giving tough competition to expensive private colleges. They are offering better ROI and growth opportunities. Think about it.

Some top MBA government colleges charge less than INR 2 lakh. Yet, their average packages cross INR 20 LPA.

That’s a return most top b-schools fail to match. So the real question is not: Can you afford an MBA? The question is: Can you pick the right MBA with low fees and high returns?

This article covers everything about MBA colleges with low fees.

Top MBA Colleges with Low Fees in India (2026 List) 

You should check the latest list of MBA colleges with low fees in India. It helps you understand the total investment required and plan your budget accordingly.

You have got some excellent options if you’re aiming for affordability without compromising quality. Some top MBA colleges with low fees are:

  • FMS Delhi
  • SIMSREE, Mumbai
  • Department of Financial Studies (DFS), Delhi
  • UBS Chandigarh
  • Department of Business Economics (DBE), Delhi
  • IIT Delhi (DMS)
  • IIT Bombay (SJMSOM)
  • PUMBA Pune

List of MBA Colleges with Low Fees and Placement Packages 

Many low-fee MBA colleges offer better ROI than expensive B-schools. You must always consider ROI (Return on Investment) when comparing the options.

Low-fee colleges help you recover your investment faster. It helps you avoid an education loan and reduces financial burden. This is why institutes like FMS or SIMSREE are ROI kings in India. Many candidates want to spend less and secure a high salary in an MBA.

We have compiled below the list of MBA colleges with low fees and decent placement:

MBA Colleges with Low Fees

Fees (Approx)

Average Package (Approx)

FMS Delhi

INR 60,818 per semester

INR 32.27 LPA

SIMSREE, Mumbai

Rs. 67000 per year

INR 12 LPA-INR 14 LPA

Department of Financial Studies (DFS), Delhi

INR. 48,500 per year

INR 15 LPA

UBS Chandigarh

INR 2 Lakh Per Annum

INR 12 LPA-INR 14 LPA

Department of Business Economics (DBE), Delhi

INR 50,420 per year

INR 15 LPA

IIT Delhi (DMS)

INR 12 Lakhs for 2 years

INR 22.52 LPA

IIT Bombay (SJMSOM)

INR 15 Lakh for 2 years

INR 28.16 LPA

PUMBA Pune

INR 1, 25,000 per year

INR 10 LPA- INR 12 LPA

MBA Colleges with Low Fees Accepting Entrance Exam

Several MBA entrance exams are conducted in India every year. These include CAT, XAT, SNAP, NMAT, CMAT, MAHCET, etc.

Candidates should identify which entrance exams are accepted by low-fee MBA colleges. Your entrance exam scores and other parameters will decide your final admission.

Here is the list of entrance exams for MBA colleges with low fees.

MBA Colleges with Low Fees

Entrance Exam Accepted

FMS Delhi

CAT

SIMSREE, Mumbai

MBA CET, CMAT, CAT, MAT, ATMA

Department of Financial Studies (DFS), Delhi

CAT

UBS Chandigarh

CAT

Department of Business Economics (DBE), Delhi

CAT

IIT Delhi (DMS)

CAT

IIT Bombay (SJMSOM)

CAT

PUMBA Pune

MAH CET

Best MBA Colleges with Low Fee and High ROI (State-Wise)

Enrolling in a good MBA college at an affordable fee is crucial for many students today. Cities like Delhi, Mumbai, Bangalore, Pune, Chennai, and Hyderabad have a plethora of MBA colleges that offer good placements without heavy investment.

Many government institutes offer an excellent ROI with lower tuition costs than other expensive private business schools. Below is a city-wise list of top MBA colleges with low fees, along with their MBA fees.

The data shared above is for reference only, and candidates must always check the official website for accurate information.

Top MBA Colleges in Delhi with Low Fees

College

Fees (Approx)

Placement Package (Approx)

FMS Delhi Faculty of Management Studies, New Delhi

INR 2.4 Lakh+

INR 45 LPA-INR 1 Crore PA+

IGNOU New Delhi

INR 66000+

INR 3 LPA-INR 6 LPA

JMI New Delhi

INR 53000-INR 1 Lakh+

INR 9 LPA-INR 12 LPA+

Department of Business Economics (DBE), Delhi

INR 50,420 per year

INR 15 LPA

DMS IIT Delhi

INR 10 Lakh-INR 12 Lakh+

INR 22 LPA-INR 25 LPA+

Delhi School of Economics (DSE), DSU

INR 60,000-INR 1 Lakh+

INR 14 LPA-INR 16 LPA

Best MBA Colleges in Mumbai with Low Fees

College

Fees (Approx)

Placement Package (Approx)

JBIMS Mumbai

INR 7 Lakh-INR 8 Lakh

INR 26 LPA-INR 87 LPA+

ITM Business School

INR 10 Lakh-INR 13 Lakh+

INR 8 LPA-INR 21 LPA

IIT Bombay (SJMSOM)

INR 15 Lakh for 2 years

INR 28.16 LPA

Best MBA Colleges in Bangalore with Low Fees 

College

Fees (Approx)

Placement Package (Approx)

Bangalore University

INR 55,000-INR 1.5 Lakh+

INR 4 LPA-INR 9 LPA

RV Institute of Management

INR 10 Lakh-INR 12 Lakh+

INR 6 LPA-INR 16 LPA

Dayananda Sagar Academy of Technology & Management

INR 1.15 Lakh-INR 6 Lakh+

INR 5 LPA-INR 10 LPA

Dr. Ambedkar Institute of Technology

INR 65000+

INR 5 LPA-INR 19 LPA+

Top MBA Colleges in Pune with Low Fees

College

Fees (Approx)

Placement Package (Approx)

PUMBA

INR 1.3 Lakh-INR 3 Lakh

INR 9 LPA-INR 19 LPA

BIMM

INR 12 Lakh-INR 13 Lakh

INR 6 LPA-INR 21 LPA+

Indira Institute of Management (IIMP)

INR 4 Lakh-INR 5 Lakh

INR 6 LPA-INR 14 LPA

AISSMS Institute of Management

INR 1.3 Lakh-INR 2.5 Lakh

INR 4 LPA-INR 12 LPA

Top MBA Colleges in Hyderabad with Low Fees

College

Fees (Approx)

Placement Package (Approx)

University of Hyderabad (UoH)

INR 2 Lakh-INR 5 Lakh+

INR 10 LPA+

IPE Hyderabad

INR 9 Lakh+

INR 7 LPA-INR 24 LPA

MANAGE Hyderabad

INR 9 Lakh+

INR 12 LPA-INR 21 LPA

JNTUH

INR 60,000-INR 2.5 Lakh+

INR 4 LPA-INR 6 LPA

How to Choose the Best Low-Fee MBA College?

Many students chase a brand without knowing their ROI. This is the biggest mistake. You must consider certain factors when choosing a low-fee MBA college.

Some of them are explained below:

  • You should check the placement reports.
  • You must compare the average salary.
  • You should check the presence of the alumni network.
  • You can also check the location advantage.

Wrapping Up

You don’t need to spend INR 20 Lakh-INR 25 Lakh to pursue an MBA. Your MBA journey is not about how much you spend. It is about how much you gain. A low-fee MBA college can help you build a successful career in management. 

Aiming for CAT, CMAT, or XAT? You must prepare well. You must focus on concepts. Practice mocks consistently. Join a structured coaching for expert guidance.

This can help you target the right colleges based on your interests and budget. This is where MBA Karo can support you. They offer the best courses, doubt-solving, and mocks.

Frequently Asked Questions

Which MBA college has the lowest fees?

FMS Delhi and DFS are popular low-fee MBA colleges.

Yes. Many offer INR 20+ LPA average packages.

No. CMAT and state exams are also considered.

Always choose a better ROI. Do not chase a brand name without knowing the ROI.

The average package is usually around INR 10 LPA+.

Yes. Many government colleges offer an MBA course under INR 1 lakh.

Yes. You must always compare ROI to make the right choice.

70-95 percentile can get you good MBA colleges with low fees.

Yes. They are among the popular choices due to exposure and placements.

Yes. You need to choose the right college and improve your skill set.