In India, top business schools offer MBA programs. MBA fees in India vary according to the reputation of the institution as well as its location. Institutes like the Indian Institutes of Management (IIMs) charge around ₹26.50 - ₹15.00 Lakhs for their two-year MBA programs. Reputed institutions such as ISB, XLRI and SPJIMR charge between ₹45.12 - ₹22.50 Lakhs. Several other institutes provide MBA degrees but at a lower cost and the fee ranges between ₹2.00 - ₹20.00 Lakhs. In this range, one can see private universities, Government-run universities and colleges that offer the MBA program at affordable fees.  

Financial aid, scholarships and loan facilities are also provided to lower the costs of MBA tuition fees. The decision to pursue an MBA is guided by several factors such as career development goals, the return on investment from the program and personal and professional growth opportunities.

IIMs MBA Fees

Indian Institute of Management (IIMs) offer the best MBA programs in India. Their programs offer excellent education, top-notch placements and career growth. The fee ranges from ₹15.62 Lakhs to ₹27.00 Lakhs for two years, depending on which IIM it is. Some IIMs charge less fees whereas Ahmedabad, Bangalore and Calcutta are costlier.

To get admission into these IIMs, one has to clear the CAT exam. Despite the costs, an MBA from an IIM is considered a valuable investment due to the unparalleled learning experience, strong alumni network and career growth opportunities it offers. The MBA course fees in India at the top IIMs are given below along with the duration of the course and entrance exam accepted for admission:

IITs MBA Fees

The MBA program provided by the IITs combines technical expertise with management education. Hence, it is unique and in high demand among the students. Fees at such institutes are comparatively cheaper than many other top institutes. The MBA cost at IITs in India varies from ₹1.44 lakhs at IIT Kanpur to ₹20.43 lakhs at IIT Madras. Admissions are based on the CAT exam and top IITs like Delhi, Bombay and Kharagpur offer good quality education and excellent career opportunities. 

Private Institutes MBA Fees

In India, private institutes have extensive MBA programs with decent academics, a significant business relationship and good placement records. The fee ranges from ₹10.60 Lakhs at Christ University to ₹45.12 Lakhs at ISB. XLRI, MDI and SPJIMR are some of the top institutes that accept CAT and XAT exams providing excellent quality education and bright career scope. The MBA fees at private colleges in India are given below: 

The best choice that the aspirants can make is that they should take admission in a college that has low fees but provides a high return on investment (ROI). Colleges like FMS Delhi and TISS Mumbai stand out with minimum fees of ₹1.85 to ₹2.32 lakhs and amazing average packages of ₹34.1 Lakhs and ₹26.31 Lakhs per annum respectively. 

The other options available for the candidates include IIT Bombay, IIT Kharagpur, JBIMS Mumbai, JMI Delhi and BHU Varanasi with fees ranging from ₹0.95 Lakhs to ₹11.75 Lakhs and also providing good placement packages thereby providing high ROI  to the aspiring MBA students.