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Author :
Nisha Sharma |
An MBA is one of the highest-rated postgraduate courses in India but students do check MBA course fees before applying. Fees for an MBA can vary based on the facilities available at a college as well as the type of institute (government or private).
Students can choose from an MBA course at a government college or a private college. The course fees at government institutes are affordable. They are considered ideal for those students who want affordable management education.
If you want to enroll in an MBA course at a private college, you will have to pay more. This is because these colleges usually offer more modern facilities, more contact with the business world, and help with finding jobs.
Therefore, it is advised that students should compare MBA course fees at government colleges versus private colleges and then make a wise decision to apply for an MBA.
The cost of MBA in India are depends on many factors which we will discuss later in our blog. We have mentioned a table below to give a simple overview of fees in India based on the type of college.
|
Type of Institution |
Average MBA Course Fees |
|
Government MBA Colleges |
50,000 – 4,00,000 |
|
Private MBA Colleges |
5,00,000 – 20,00,000 |
|
Top Private B-Schools |
15,00,000 – 25,00,000+ |
The government colleges in India are the first choice for many students because it offers affordable education. The colleges under the government receive support that helps to keep the fees much lower. Then those of many private colleges. Because of this, students receive quality management education.
There are many MBA universities in India who are offering quality education in an affordable way. They charge around ?50,000 to 4,00,000 for the complete program. The exact fees may change, so it is advisable to check the particular university fees on our website.
But getting admission to the government colleges is not easy. You need to clear the competitive exams such as CAT, XAT, CMAT, or state-level MBA entrance tests.
Private universities are becoming a popular choice for students for an MBA. These colleges provide modern facilities, updated syllabus and industry exposure. Because of these benefits, the Private MBA colleges' fees are usually higher than those of the government.
In India, the private colleges' fees are in the range between 1,00,000 and 3,00,000 for flexible or online MBA courses. The exact fee depends on the university specialisation and learning format. Another reason for the higher fees is extra support for the students. The universities offer placement services to the students to prepare them for future jobs.
The MBA course fees can be different for different universities according to the infrastructure and specialisation. Some of the MBA courses offered by the universities can be relatively inexpensive. But due to increased learning support and placements, it can sometimes charge more than expected.
|
University |
Type |
MBA Course Fees (Approx.) |
|
IGNOU |
Government |
62,000 |
|
Suresh Gyan Vihar University |
Private |
1,20,000 |
|
Parul University |
Private |
1,50,000 |
|
NMIMS University |
Deemed / Private |
1,96,000 |
|
Chandigarh University |
Private |
1,50,000 |
|
UPES |
Private |
1,50,000 |
|
Shobhit University |
Deemed / Private |
1,10,000 |
|
Jain University |
Deemed / Private |
1,60,000 |
|
Vignan University |
Deemed / Private |
1,10,000 |
|
Dr. D. Y. Patil University |
Deemed / Private |
1,89,000 |
|
Amrita Vishwa Vidyapeetham |
Deemed / Private |
1,70,000 |
A graduation of 3 years (minimum) from any recognised university in any discipline. Minimum marks required to apply would usually be 50% aggregate (45% for SC/ST categories if you're applying for admission in government universities).
Usually, a degree requires you to get a good rank in one of the exams- CAT, XAT, MAT, CMAT, NMAT, SNAP, GMAT. Entrance exams like CAT and CMAT are often required by government universities, while private universities allow the candidates to apply through more than one option. But some universities conduct their entrance exams.
It is not required for regular MBA but for Executive MBA (for IIMs, ISB, XLRI) it is 2-5 years of work experience required.
Government colleges are highly dependent on entrance exam scores and merit and have lower fees.
Private colleges offer easier eligibility criteria, may have alternative exams, direct admissions and high fees.
Top B-schools require a very high percentile and a good profile.
Colleges like FMS Delhi, JBIMS Mumbai, and some state universities offer MBA programs under ₹2 lakhs, making them the most affordable with excellent ROI.
Yes, government colleges like FMS Delhi offer world-class placements at a fraction of the cost compared to private or elite B-schools, making them highly ROI-friendly.