Top 8 MBA Colleges with Low Fee in India

By Saurav Pandey | December 15, 2024

Here are the top 8 affordable MBA colleges in India as per the Indian Institutional Ranking Framework (IIRF):

1. Faculty of Management Studies (FMS), Delhi University

Fee: Rs 1.92 lakhs Highlight: Consistently ranked among the top B-schools in India, offering excellent ROI due to low fees and strong placement records. Image Credit: Canva

2. Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai

Fee: Rs 9.00 lakhs Highlight: Known for its legacy and proximity to the financial hub, Mumbai, offering extensive corporate exposure. Image Credit: Canva

3. SIMSREE, Mumbai

Fee: Rs 4.38 lakhs Highlight: Offers a competitive management program with a robust alumni network and strong industry connections. Image Credit: Canva

4. Department of Management Sciences (PUMBA), Pune University

Fee: Rs 4.40 lakhs Highlight: Renowned for its affordable fees and specialization options, catering to various industry needs. Image Credit: Canva

5. Tata Institute of Social Sciences (TISS), Mumbai

Fee: Rs 2.00 lakhs Highlight: Recognized for its HR and social entrepreneurship programs, blending management with social impact. Image Credit: Canva

6. Department of Financial Studies (DFS), Delhi University

Fee: Rs 2.30 lakhs Highlight: Offers niche finance-focused MBA programs with affordable fees and high ROI. Image Credit: Canva

7. Department of Management Studies (DMS), IIT Delhi

Fee: Rs 1.20 lakhs Highlight: Known for combining technical and managerial expertise, with one of the lowest MBA fees among IITs. Image Credit: Canva

8. Department of Management Studies (DOMS), IIT Madras

Fee: Rs 10.99 lakhs Highlight: Offers industry-relevant MBA programs with a focus on innovation and technical integration. Image Credit: Canva

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