MBA course fees in India - Government College and IIM (2025)
MBA course fee in India may vary widely on the type of college type -private, government or autonomous basis. The average MBA course fee in India ranges from ₹ 2 lakh to ₹ 25 lakh. In college, students can easily detect fee structures in top institutions and compare.
For students seeking cheap options, the MBA course fee in government colleges is quite low. Institutions such as FMS Delhi, JBIMS Mumbai, and TISS provide high quality education with fees under 2 lakhs, making them ideal for budget-conscious candidates.
On the other hand, IIM MBA course fees are high, with top -25 lakhs with top IIMS like IIM Ahmedabad, IIM Bangalore and IIM Calcutta. The new IIMs provide a slightly more affordable option, which range from ₹ 13-17 lakhs.
With College Search, you can find detailed insights into tuition fees, placements, ROI, and more. Whether you are comparing MBA course fees in India, reducing MBA course fees in government colleges, or IIM MBA course assessing fees, the platform offers accurate and updated data to help you make informed decisions.
MBA Course Fees in Private MBA Colleges
Here's a detailed breakdown of fees across top private institutions:
Government MBA Colleges: Affordable Options
These colleges are funded by central or state governments, making quality management education affordable:
IIM MBA Fees: Campus Wise Comparison
Indian Institutes of Management (IIMs) are premier business schools with varying fee structures across different campuses.The IIM fee structure varies substantially:
Top MBA Scholarships in India
Various scholarships and financial aid options are available to support MBA aspirants from diverse backgrounds. A list of the same has been given below:
Application Tips
- Start applications 6-12 months before course commencement
- Maintain all required documents in digital format
- Follow up regularly on application status
- Apply to multiple scholarships to increase chances
- Prepare for interviews and essays thoroughly
Tips to Reduce MBA Cost
1. Target Government or Low-Fee Colleges
- Government-funded institutions like FMS Delhi, JBIMS Mumbai, and DFS offer world-class MBA programs at a fraction of the cost charged by private B-schools.
2. Apply for Scholarships & Fellowships
- Make full use of merit-based, need-based, and diversity scholarships. Apply early and to multiple schemes to increase your chances.
3. Choose Colleges in Tier-2 Cities
- Living and accommodation costs are lower in smaller cities compared to metros like Mumbai, Delhi, and Bengaluru — reducing total MBA expenses by ₹2–5 lakhs.
4. Opt for Online/Distance MBA
- Online MBA programs by IIMs, NMIMS, Amity, and Coursera-partnered B-schools offer excellent flexibility at lower fees (₹1–6 lakhs) while allowing students to continue earning.
5. Work Part-Time or Intern During MBA
- Many students take up freelance projects, teaching assistant roles, or campus jobs during their MBA to offset living expenses.
6. Negotiate Education Loans Smartly
- Choose public sector banks for lower interest rates and longer moratorium periods. Compare loan options before signing.
7. Shortlist Colleges with High ROI
- Focus on institutes where average placements are 3x–5x the total fee — ensuring a faster break-even and better return.
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