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MBA Fees: MBA Courses Fees in Private & Government Colleges India

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Students and their parents are increasingly prioritizing cost-effective management education, as many colleges charge significantly higher fees than others. Amid the rising cost of MBA (postgraduate) programs in India, knowing the best government and private colleges along with their fee structures can help students and their families save a significant amount on educational investment.

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While the decision to study at a government/public institution or a private college may depend on personal preference or financial capacity, understanding the fee differences among various MBA colleges is important. To help you make an informed and affordable choice, we have compared and analyzed the fees of over 100 leading MBA universities and institutions in India to identify the best options offering quality education at reasonable costs.

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MBA Fees in Private Colleges India (Top Tier Institutions/Universities)

With world-class infrastructure, a rigorous curriculum, and global industry exposure, top-tier MBA colleges are considered ideal for studying the intricacies of today’s complex business environment and for developing ethical, people-centered leadership skills. Private institutions, especially top-tier private colleges, are believed to charge significantly higher fees in order to maintain the high quality of education and services they offer. However, confirming their academic excellence and outcomes is crucial. Listed below are some of the top-tier private MBA colleges along with their fees, where students are guided by expert faculty and engage in real-time interactions with industry professionals.

College / University

Location

Approx. MBA Fees (₹ Lakhs)

Note

Indian School of Business (ISB)

Hyderabad / Mohali

33–42

Top private program (PGP).

XLRI – Xavier School of Management

Jamshedpur

~25–28

One of India’s oldest private B-schools.

Management Development Institute (MDI)

Gurgaon

~25

Tier-1 private PGDM.

SP Jain Institute of Management & Research (SPJIMR)

Mumbai

 

~24

 

Highly ranked private program.

 

NMIMS – School of Business Management

Mumbai

~23.9

NMAT-linked MBA.

Symbiosis Institute of Business Management (SIBM)

Pune

~22.2–24.2

Strong SNAP school.

SCMHRD – Symbiosis Centre for Management & HRD

Pune

~23.9

Specializes in HR & analytics.

Institute of Management Technology (IMT)

Ghaziabad

~19–22

Modern private university.

Chandigarh University (MBA)

Chandigarh

~6.16

More affordable option among top privates.

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MBA Fees in Government Colleges India (Best Institutions/Universities)

Best colleges can lead to the best career too—it is true. But the belief that government colleges can never be the best is untrue. Considering government colleges inadequate or of a secondary level just because their MBA fees are low is unfair. Times have changed, and government MBA colleges and institutions are in no way inferior to private ones.

Yes, you will be glad to know that cities like New Delhi, Mumbai, Chennai, Hyderabad, Bangalore, and Chandigarh have plenty of top government MBA colleges. Choosing to take admission in these institutions can not only save your money but also lead to substantial career growth. With world-class infrastructure, expert faculty, updated and industry-aligned curricula, government MBA colleges are now demonstrating the perfect synergy between academic excellence and experiential learning.

Outlined below are some of the leading government colleges for MBA programs.

Government MBA College / Institute

Location

Approx. MBA Fees (₹ Lakhs)

Notes / Entrance

IIM

21 Institutions Across India

~24–27

Premier IIM; CAT based

FMS – Faculty of Management Studies (DU)

New Delhi, Delhi

~1–2.5

One of lowest fees with high ROI

DMS – Department of Management Studies, IIT Delhi

New Delhi, Delhi

~11–12

CAT based

SJMSOM – IIT Bombay

Mumbai, Maharashtra

~11–15

CAT based

TISS – Tata Institute of Social Sciences (Management)

Mumbai, Maharashtra

~1–2

TISSNET entrance

JBIMS – Jamnalal Bajaj Institute of Management Studies

Mumbai, Maharashtra

~2–3

MAH‑CET / CAT

NITIE – National Institute of Industrial Engineering (IIM Mumbai)

Mumbai, Maharashtra

~8–13

CAT based (listed separately as govt b‑school)

IIT Kharagpur – VGSOM (Vinod Gupta School of Management)

Kharagpur, West Bengal

~12–13

CAT based; strong engineering‑MBA link

University Business School (UBS), Panjab University

Chandigarh, Punjab

~6–7*

Traditional public university MBA (approx)

Read Also: MBA in Colleges in DU (Delhi University)

MBA fee in Delhi University and DU Sol

MBA colleges of Delhi University and SOL (School of Open Learning) are hailed as some of the best institutions to pursue an MBA in Delhi and the NCR region. For decades, Delhi University has remained at the top of the preference list for MBA aspirants aiming to achieve their career goals. The MBA colleges under Delhi University emphasize research, innovation, and industry-collaboration–based teaching methodologies. Although the fees of DU MBA colleges may appear modest, their campuses are modern and boast state-of-the-art laboratories, well-equipped libraries, advanced research centers, and classrooms with updated technology. Students with the aspiration to take their career to the next level without compromise on bank balance can consider the following colleges.

Institution / Program

Mode

Approx. Total MBA Fee (₹)

Notes

Faculty of Management Studies (FMS), DU

Regular Full‑Time

 

~2.32 – 2.43 Lakh

 

Most prominent DU MBA; CAT required; subsidized govt fees.

Department of Business Economics (DBE), DU

Regular Full‑Time

~1.01 – 1.66 Lakh

MBA in Business Economics / Finance; CAT based.

DU School of Open Learning (DU SOL) MBA

Distance / Online

~1.10 Lakh (≈55,220/y)

Flexible online MBA; UGC‑DEB approved.

 

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MBA Fees in Online and Distance Colleges/Institutions

Distance and online MBA colleges are a boon for working professionals. As these institutions impart education through virtual modes of communication, they help students understand key concepts while staying abreast of modern business trends. The best part is that their fees are relatively low compared to regular full-time MBA programs. Find below the list of distance and online MBA colleges along with their fees, which can help you rise to the challenges of the modern business world.

College / Institution

Mode

Approx. Total MBA/PGDM Fee (₹)

Notes

IGNOU (Indira Gandhi National Open University)

Online/Distance

~₹60,000–₹70,000

Government university; UGC & DEB recognised; high ROI.

Symbiosis Centre for Distance Learning (SCDL)

Distance/Online

 

~₹65,000–₹80,000

 

Affordable management diploma/MBA equivalent.

Sharda University (Sharda Online)

Online

~₹1,00,000

One of the more affordable online MBAs.

Sikkim Manipal University (Online MBA)

Online

~₹1,10,000

Budget‑friendly online MBA.

Chandigarh University (Online MBA)

Online

~₹1,58,000–₹1,60,000

Recognised popular online option.

Amity University Online

Online

~₹1,90,000–₹1,99,000

UGC‑DEB approved; industry exposure.

Read Also: MBA Colleges in Gurgaon/Gurugram

 

Higher Fees of MBA Courses worth the investment?

An MBA, being a postgraduate degree, requires a certain investment in the form of tuition fees and other expenses. While the fees of government colleges are affordable for most students, those of private colleges are generally higher. However, the foundational knowledge, timeless insights, education, and skills that an MBA program imparts to students outweigh concerns about the higher fees.

If you are looking for a practical and efficient pathway that moves you closer to becoming the leader you aspire to be in the corporate world, an MBA from any certified, approved, and well-accredited college like IIM (Indian Institute of Management) is worth the investment.

Read Also:

Best MBA Colleges in Mumbai

MBA Colleges in Pune

MBA Colleges in Noida

MBA Colleges in Lucknow


Writen By:

Pawan Rawat

Pawan Rawat

Pawan Rawat is a full-stack content writer with expertise in crafting research-based educational blogs and articles, paying close attention to detail. He has mastered the art of creating SEO-optimized content for websites. When he's not working to pay the bills, he spends his time lifting weights at the gym, clicking random photos, reading books, or planning his next adventure.