Cheapest MBA Colleges: 5 cheapest colleges to do MBA, you will get degree in 2 lakhs, salary will be more than 10 lakhs
Cheapest MBA Colleges: MBA is considered an expensive course. In most institutes, the fees for MBA courses are in lakhs. But in some institutes, MBA courses with a fee of Rs 2 lakh are also available. After getting an MBA degree, you can set your career by getting a job with a good salary.
Cheapest MBA Colleges, Cheapest Management Colleges: MBA i.e. Management of Business Administration is included in the list of most trending courses in the country. MBA course is of 2 years and for this, getting a degree from IIM is considered the best. But not everyone can afford the fees of MBA. Therefore, if you want, you can do MBA from other management colleges at a lower fee.
The cheapest MBA courses in India are usually available in government institutions and some universities, where the fees are lower than private colleges. High level placement can also be found in the most affordable MBA course. If you want, you can strengthen your portfolio through part time skill development course or internship / freelancing along with full time MBA course. Know where you can do the cheapest MBA courses.
Cheapest Management Colleges: Cheapest MBA Colleges
You can get an MBA degree from any good management college. There are many types of specializations in MBA course (MBA Colleges Fees in India). You can choose the best one according to your needs. Know the 5 cheapest management colleges for MBA:
1- Faculty of Management Studies (FMS), Delhi University, Delhi
FMS Delhi is one of the most prestigious and affordable MBA institutes in India. Admission is based on CAT score. FMS Delhi has good placements (average salary: up to ₹34 LPA). Due to low fees, its ROI (Return on Investment) is very high.
Course: Full-time MBA
Fees: The fee for MBA at FMS is quoted as Rs 2 lakh on various websites.
2- Department of Management Sciences (PUMBA), Pune University, Pune
PUMBA is a government institute. Admission is based on scores like CAT, XAT, MAT, CET, ATMA, MAH CET. It offers affordable education with good placements (average salary: ₹8.10 LPA).
Course: MBA
Fees: Approx Rs 1.3 lakh-1.5 lakh (for total course)
3- Delhi School of Economics (DSE), Delhi University, Delhi
DSE offers high quality MBA education at low fees. To pursue MBA from Delhi School of Economics, you will need CAT score and 10th/12th result. It is especially popular for HR and IB specializations.
Course: MBA (Human Resource Management and International Business)
Fees: Approx Rs 1,07,960
4- University Business School (UBS), Punjab University, Chandigarh
Many specialized MBA courses are available in UBS. Admission in University Business School Chandigarh is also based on CAT score. Its fees are low and placement is good. UBS Chandigarh fees are different for different MBA courses.
Course: MBA
Fees: The average fee mentioned on the website is Rs 4 lakh.
5- Tata Institute of Social Sciences (TISS), Mumbai
Admission to the MBA program at Tata Institute of Social Sciences is based on CUET PG scores. This institute is especially popular for HR management. Its average placement package in 2023 was Rs 27.22 LPA.
Course: MBA (Human Resource Management and other specializations)
Fees: Approximately Rs 1.85 lakh (for total course)
Useful information
Admission process: A good score in CAT, CUET PG, MAH CET or other national/state level entrance exams is required for admission in all these institutes.
Placement: Most of these institutes offer good placements despite low fees, making their ROI very good.
Additional costs: The fee may include only tuition fees; hostel, mess and other charges may apply separately.
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