As an MBA aspirant; your first inquisitiveness must be to find out how much it costs to get an MBA degree. And not in any college but in a top MBA College! Covid-19 has surely slowed the rise in costs of MBA education. The tuition fee, living expenses along other costs that are associated with an MBA full-time course are a few factors that freeze tuition fees, leading to a cost decline.
Despite this, the trends are upwards rising. When we think of top MBA Colleges in India, IIMs stand high in the list, both in terms of reputation and cost of studies. Overall, the average cost of getting an MBA degree from the top 25 institutes will costs between 25 lakhs to 50 lakhs for 2 years. Each year there is an average increase of 5-7% in every MBA program fee.
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However, among the top B-Schools in India. FMS Delhi, UBS Chandigarh, SIMSREE Mumbai, Taxila Business School charge minimal fees for their MBA programs.
Apart from IIMs, top PGDM B-schools like XLRI, MDI, and SPJIMR charge from Rs 15 Lakhs to Rs 23 Lakhs. Our country has several MBA Colleges and it’s not difficult to find an MBA school that suits everyone’s budget.
Here is the list with Fees for IIMs and other Top B Schools. Let’s go through the list of MBA Colleges with their fees.
Here are the fees of Top MBA Colleges in India
We all know that the fees of IIMs are comparatively high to other Top B schools in India but we have IIMs with low fees as well. IIMs like IIM Ahmedabad, Calcutta, and Bangalore will cost you around Rs 20 Lakh – Rs 30 Lakh. The IIMs offering low fees also feature in the list of Top MBA Colleges in India like IIM Amritsar, and IIM Nagpur these IIMs will cost you around Rs 10 Lakh to Rs 15 lakh.
Following are some of the IIMs with their fees mentioned:
Fees of Top IIMs
| S. No. | MBA College | Fees (in lakhs) (Appx.) |
| 1 | IIM Ahmedabad | 34 lakh |
| 2 | IIM Calcutta | 31 lakh |
| 3 | IIM Bangalore | 24.5 lakh |
| 4 | IIM Lucknow | 20.75 lakh |
| 5 | IIM Kozhikode | 22.5 lakh |
| 6 | IIM Indore | 21.7 lakh |
| 7 | IIM Trichy | 19.8 lakh |
| 8 | IIM Shillong | 12 lakh |
| 9 | IIM Udaipur | 21.23 lakh |
| 10 | IIM Kashipur | 17.3 lakh |
| 11 | IIM Ranchi | 17.2 lakh |
| 12 | IIM Jammu | 22.6 lakh |
| 13 | IIM Raipur | 16.58 lakh |
| 14 | IIM Rohtak | 17.9 lakh |
| 15 | IIM Nagpur | 18.9 lakh |
| 16 | IIM Sirmaur | 17.5 lakh |
| 17 | IIM Vishakapatnam | 16.5 lakh |
| 18 | IIM Sambalpur | 12 lakh |
| 19 | IIM Amritsar | 12 lakh |
| 20 | IIM Bodhgaya | 13.77 lakh |
Fees of Top MBA Colleges in India
| S. No. | MBA College | Fees(Appx.) |
| 1 | Faculty of Management Studies (FMS) Delhi | 2 lakh |
| 2 | Delhi School of Economics, Delhi University | 97,740 |
| 3 | Guru Gobind Singh Indraprastha University | upto 5.7 lakh |
| 4 | Department of Management Sciences (PUMBA), Savitribai Phule Pune University | 1.52 lakh |
| 5 | SIMSREE, Mumbai | 1.6 lakh |
| 6 | Jamna Lal Bajaj Institute of Management Studies (JBIMS) | 6.01 lakh |
| 7 | Taxila Business School | 10.2 lakh |
| 8 | Bangalore University | up to 12.5 lakh |
| 9 | NITIE Mumbai | 14.5 lakh |
| 10 | Delhi Technical University | 4.5 lakh |
Conclusion
The above mentioned colleges and their fees change from time to time! We have collected the data from the right sources (their websites). If you want to be more sure, please visit the college’s official website for accurate details.
Hope we have helped you with this list. To know more about MBA entrace exams or top MBA colleges, you can follow the links below.
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