Pursuing an MBA in Operations Management provides students with the skillset that allows them to manage a supply chain, optimize processes, and monitor quality. When considering MBA Operations Fees, you need to think not only about your tuition, but also about how much you're going to spend on living expenses, exam prep such as study materials, and any course materials you may require.
MBA course fees are highly variable across institutes in India. Anything below ₹1 lakh can be found at government colleges, while fees above ₹25 lakh can be found at premier private B-schools. For example, government institutions like NIT Trichy offer an affordable program at around ₹1.4 L, while the best private MBA colleges in India, like Symbiosis Institute of Business Management, have fees above ₹24 L.
Comparing the MBA course fee with the operations management salary, graduates of the top institutes can earn up to ₹20- ₹25 LPA. The tuition fee for the program would be paid in annual installments. Also, candidates will need to qualify for the MBA entrance tests exam, i.e., SNAP, CAT, MAT, XAT, or state entrance exams like TANCET, through an additional registration fee. Therefore, to ensure your transition into the MBA program is straightforward, understand and assess the fees of the program for the MBA Course Admission process.
Modes | Regular, Distance, and Online |
MBA in Operations Management Fees Overview
An MBA in Operations Management fee can vary from approximately ₹32,000 to ₹27 lakh for a two-year full-time degree program. Fees are generally much lower at government colleges, typically below ₹2 lakh, than at private institutes, and if it's a premier B-school like IIMs, the total fee may exceed ₹23 lakhs. This offers students some flexibility in selecting schools that meet their preferences and fees.
An MBA in Operations Management is available as a postgraduate program offered in three modes- Regular, Online, and Distance. Each mode offers the same qualification but benefits students in different ways. The table below lists some of the top MBA colleges in India that offer Operations Management specialization and the approximate fee range.
The Distance MBA is a two-year program designed for students who benefit from flexible and free-form learning, utilizing online modules, virtual workshops, and a practical project. Several MBA colleges in India have introduced distance learning mode to meet the first-tier entrance requirements to the business world, with tuition fees ranging from ₹32,000 to ₹1.13 lakh per semester.
Online MBAs in operations management are typically offered such as NIILM, SKU, DY Patil, and Subharti, with fees ranging on average between ₹62,000 to ₹86,000 per year. Unlike distance learning, the online MBA format is less valuable because you study at your own pace from any location. This will allow the students to balance other work, family, and commitments with the MBA program.
Average Fees for MBA in Operations Management in India
The average fees for an MBA in Operations Management range across India, catering to students from different economic backgrounds. The most affordable are government institutions with fees ranging from ₹10,000 to ₹4 lakhs for the entire program.
The MBA entrance exams for these institutions are competitive, and thousands of students apply for the limited number of seats. Private institutions generally charge from ₹8 lakhs to ₹25 lakhs for their MBA courses with various infrastructure, placement assistance, and Industrial relationships.
The Top MBA colleges in India will typically back their fees with placement records, qualified faculty, and their curriculum. Students considering how much they should pay for an MBA should also consider the points such as location, relationships with industry, and alumni relations. If students do not meet the requisite score when registering for the MBA in Operations entrance exam, they may be considered for scholarships and can reduce their financial burden dramatically when offered by a college or university. There are also education loans and sometimes payment plans offered for students to gain access to deserving education.
MBA in Operations Management Fees in IIMs
Indian Institutes of Management are the highest level of Master of Business Administration education in India, and with it, their MBA Operations Fees are reflective of the level of education they provide. The IIMS tuition totals generally range from ₹9.6 L at IIM Bodh Gaya to ₹27 L at IIM Calcutta.
The total fee includes the tuition fee, the library fee, the laboratory fee, and the campus facilities. However, it does not include hostel fees and living costs. Candidates must clear the CAT exam, one of the toughest MBA Entrance Exams in India, and score in the high percentile to get MBA Admission to IIMs.
The MBA Course Fees at IIMs are significantly higher than public universities. However, students will end up in the best jobs in consulting, finance, and supply chain with a high salary with an MBA in Operations Management, meaning that they get a good return for their investment.
MBA in Operations Management Fees in Top Private Colleges
Private business schools in India showcase fee structures from ₹8 lakh to ₹24.2 lakh to accommodate a variety of fiscal capacities and career aspirations.
For example, Management Development Institute (MDI) in Gurgaon charges ₹18.67 lakh and provides an impressive return on investment with a median placement package of ₹26.2 LPA. Another example is the Symbiosis Institute of Business Management, where the tuition fee is ₹24.2 lakh, but placements are consistent and backed by industry links with good employers.
S.P. Jain Institute of Management and Research offers courses at ₹14.5 lakh and ₹24 lakh, so candidates can choose courses that are aligned with courses that connect with their financial capability. Great Lakes Institute of Management has competitive fees in the range of ₹9.45–11.5 lakh with good and appropriate academic rigor. Lovely Professional University (LPU) has addressed the most affordable MBA option in India with prices from ₹8–10 lakh as being more favourable to aspirants from middle-class backgrounds.
MBA in Operations Management Fees in Government Colleges
Government colleges in India provide significant opportunities for higher education in management at the lowest cost, with program fees ranging from a mere ₹10,000 to over ₹10 lakhs. At the best end of the spectrum, NIT Trichy provides the best value at ₹1.4 lakhs, with a premium quality technical education encased in integrated management education. Through entrance examinations such as the CAT, MAT, and state-specific exams, students can access highly subsidised MBA programs with various institutions.
Some of the other prominent IITs/ institutions providing sought-after programs include IIT Madras having fee of ₹10 lakhs, and IIT Roorkee, with a fee of ₹4 lakhs, due to their comprehensive operations department. Also consider the affordable MBA Courses available at institutions such as MNNIT Allahabad or Burdwan University, which deliver quality program offerings at a fee of ₹48,000 for underprivileged, geographic, and diverse economic assessment accuracy.
MBA in Operations Management Fees: City-Wise Comparison
Top cities in India can offer MBA in Operations Management programs within a fee range from ₹1.7-30 lakhs. Each major city in India, namely, Delhi NCR, Mumbai, Bangalore, and Pune, has its industry advantages, and a range of fee options for MBA Course Admission in their respective MBA Course Fees.
Here are some things to consider to help students explore their preferred city for broad industry exposure, placement opportunities, and a comprehensive MBA Syllabus to achieve the best possible future MBA in Operations Management Salary.
MBA in Operations Management Fees in Delhi NCR
Some of the prominent Business Schools in Delhi NCR have fees ranging from ₹1.7-20.8 lakhs. The IIT Delhi's fee for the MBA in Operations Management is ₹12 lakhs and offers tremendous value with reasonable placement assistance. MDI Gurgaon fee is ₹18.67 lakhs, and though it is expensive, it offers outstanding ROI with great placement salaries. On the other hand, IMT Ghaziabad's fee ranges from ₹20.3 to 20.8 lakhs.
There are several affordable MBA Colleges in Delhi-NCR, including Inmantec with a fee of ₹1.7 lakhs, and KIET with a fee of ₹2.24 lakhs for students who opt to study quality education at an affordable rate. The region provides fantastic prospects for students in education with abilities and spur placement opportunities, so the MBA Operations Entrance Exam is very competitive.
MBA in Operations Management Fees in Mumbai
Mumbai's business schools also reflect the comprehensive capital's commercial structures. The fees range from ₹3.38-25 lakhs. IIM Mumbai has a fee structure of ₹14 lakhs, while SPJIMR offers flexible fees of ₹14.5-24 lakhs for an MBA in Operations Management program. Furthermore, NMIMS charges ₹25 lakhs, with many industry and entrepreneurs willing to provide exposure opportunities in salary figures.
Budget-friendly, quality options include MET Institute or SVIMS, which will allow students to apply for an MBA Course Admission for the subject options listed above. Mumbai is the best city to learn practically, with internships offering paid salaries every day.
MBA in Operations Management Fees in Bangalore
Bangalore's IT hub offers MBA in Operations Management programs at fees ranging from ₹8 lakhs to ₹ 22 lakhs. Top-tier institutions like Christ University and NMIMS, which have a fee of ₹22 lakhs, have good industry linkage and an extensive MBA Syllabus. Mid-tier institutions like the Welingkar Institute and CMS Business School offer a balance between fees and achieving quality education.
The tech ecosystem in the city will support excellent placements, and well worth the investment for an MBA in Operations Management. Check out the table below for the MBA in Operations Management college fees.
MBA in Operations Management Fees in Pune
Pune has a range of MBA fees between ₹2.5 lakhs and ₹30 lakhs across ten institutes. The highest fee institute is the Symbiosis Institute at ₹24.2 lakhs, followed by Pune Institute of Business Management with a flexibility of fee ranging from ₹8.25 - ₹30 lakhs. The MIT-WPU emphasizes being value for money, with a fee of ₹25.5 lakhs, considering their MBA Operations Entrance Exam recognition.
The affordable college options are SIOM, Sai Balaji Institute, and Indira School of Business Studies. Pune is a good city for an MBA because of its automobile and manufacturing hub, which provides a view for MBA graduates in Operations Management to advance their career.
Low-Fee Colleges for MBA in Operations Management
Students looking for economical MBA Education have fantastic places at government and private institutions. Government colleges typically provide the most affordable programs, costing between ₹10,060 and ₹1.4 lakhs. On the other hand, private institutions offer more affordable programs between ₹5.32-22 lakhs.
Both categories offer a competitive advantage as all institutions deliver similar educational standards through the complete MBA in Operations Management Syllabus and competitive MBA Entrance Exams, which assist MBA Course Admissions and impressive career outcomes.
Low-Fee Government Colleges for MBA in Operations Management
Government institutions offer the most affordable MBA courses with tuition fees ranging from ₹10,060 to ₹1.4 Lakhs. These institutions provide quality MBA education at subsidised rates to promote higher education irrespective of a student's socio-economic profile. The admission process is via MBA Entrance Exams to ensure entry based on merit and competency, even though their MBA Course Fees are low.
Low-Fee Private Colleges for MBA in Operations Management
Private institutions provide low-fee MBA in Operations Management with fees between ₹5.32 - ₹22 Lakhs. These institutions have modern infrastructure, collaborations with industry partners, and adequate support for MBA course admission. The MBA Syllabus is comprehensive and is framed by practical learning frameworks to ensure a good MBA in Operations Management Salary for graduates in each fee segment.
ROI: MBA in Operations Fees vs Average Salary
The MBA in Operations Management investment return will differ greatly across universities. Premium colleges indeed offer significantly higher salaries than lower-tier institutions, but sending your kids to college often means incurring high debts and repayments that may take a long time to repay.
Government institutions are a viable option, offering excellent Return on Investment and lower fees. When considering the MBA Course Fees, the students' final financial investment and career potential need to be evaluated on both the short-term cash requirements and long-term career growth.