MBA
Master of Business Administration
MBA Fee Structure 2026
The fee structure for Master of Business Administration (MBA) varies significantly based on the type of institution. Government colleges charge an average of ₹11.06 Lakh for the complete programme, while private institutions average around ₹14.63 Lakh. Overall, MBA fees range from ₹1.37 Lakh to ₹28.00 Lakh across listed colleges. Currently, 32 colleges in India offer MBA programmes.
College-wise MBA Fees
| # | College | City | Type | Total Fees | |
|---|---|---|---|---|---|
| 21 |
Jawaharlal Nehru University
JNU |
New Delhi, Delhi | Government | ₹1,200,000 | Details |
| 22 |
Birla Institute of Technology and Science Pilani
BITS Pilani |
Jaipur, Rajasthan | Private | ₹1,260,000 | Details |
| 23 |
Thapar Institute of Engineering and Technology
Thapar Patiala |
Patiala, Punjab | Private | ₹1,350,000 | Details |
| 24 |
Indian Institute of Technology Bombay
IIT Bombay |
Mumbai, Maharashtra | Government | ₹1,516,000 | Details |
| 25 |
Amity University Noida
Amity Noida |
Noida, Uttar Pradesh | Private | ₹1,580,000 | Details |
| 26 |
Indian Institute of Management Kozhikode
IIM Kozhikode |
Kozhikode, Kerala | Government | ₹2,050,000 | Details |
| 27 |
Indian Institute of Management Lucknow
IIM Lucknow |
Lucknow, Uttar Pradesh | Government | ₹2,075,000 | Details |
| 28 |
Symbiosis International University Pune
Symbiosis Pune |
Pune, Maharashtra | Private | ₹2,600,000 | Details |
| 29 |
Indian Institute of Management Bangalore
IIM Bangalore |
Bangalore, Karnataka | Government | ₹2,600,000 | Details |
| 30 |
NMIMS University Mumbai
NMIMS Mumbai |
Mumbai, Maharashtra | Private | ₹2,700,000 | Details |
| 31 |
Indian Institute of Management Calcutta
IIM Calcutta |
Kolkata, West Bengal | Government | ₹2,700,000 | Details |
| 32 |
Indian Institute of Management Ahmedabad
IIM Ahmedabad |
Ahmedabad, Gujarat | Government | ₹2,800,000 | Details |
MBA Fee Breakdown - Component-wise
Detailed fee breakdown showing tuition, hostel, and other charges at select colleges.
Indian Institute of Technology Bombay Total: ₹1,516,000
| Hostel (2 years) | ₹70,000 |
| Programme Fee (2 years) | ₹1,516,000 |
| Medical Insurance (2 years) | ₹5,000 |
| Gymkhana & Activities (2 years) | ₹30,000 |
| Mess Charges (2 years, approx.) | ₹140,000 |
Government vs Private MBA Fees
MBA Fee Comparison by Institution Type
MBA fees in India vary significantly based on the type and reputation of the institution. Here is a comparison of approximate total fees for the full 2-year programme:
| Institution Type | Total Fees (2 Years) | Examples |
|---|---|---|
| Old IIMs (Top 6) | ₹23 - 33 Lakh | IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Indore, IIM Kozhikode |
| New / Baby IIMs | ₹12 - 20 Lakh | IIM Trichy, IIM Ranchi, IIM Raipur, IIM Kashipur, IIM Udaipur, IIM Nagpur |
| ISB Hyderabad (1-year PGP) | ₹42 - 46 Lakh | ISB Hyderabad, ISB Mohali |
| Top Private B-Schools | ₹15 - 25 Lakh | XLRI Jamshedpur, MDI Gurgaon, SPJIMR Mumbai, NMIMS, SIBM Pune, SCMHRD |
| FMS Delhi | ₹2 - 3 Lakh | FMS Delhi (University of Delhi) — among the highest ROI MBA programmes in India |
| IITs (MBA/DoMS) | ₹8 - 15 Lakh | IIT Bombay (SJMSOM), IIT Delhi (DMS), IIT Madras (DoMS), IIT Kharagpur (VGSoM) |
| State Universities | ₹50,000 - 5 Lakh | JBIMS Mumbai, Osmania University, Anna University, Pune University |
| Other Private Colleges | ₹3 - 12 Lakh | Various AICTE-approved MBA colleges |
Important Notes on Fees
- Fee Waivers at IIMs: IIMs offer fee waivers and scholarships for students from economically weaker sections. IIM Ahmedabad provides full fee waiver for students with family income below ₹5 Lakh per annum.
- Education Loans: All major banks (SBI, HDFC Credila, Avanse) offer education loans for MBA. IIM/ISB admits typically get loans at preferential interest rates without collateral (up to ₹20-40 Lakh).
- ROI Consideration: FMS Delhi (₹2-3 Lakh fees, ₹32+ LPA median salary for 2024 batch) and JBIMS Mumbai (₹1-2 Lakh fees) offer exceptionally high return on investment. Even at IIMs, the ROI is typically recovered within 2-3 years of graduation.
- Living Expenses: Add ₹1 - 3 Lakh per year for hostel, mess, books, and personal expenses depending on the city and institution.
- Scholarships Available: Merit-based scholarships at most top B-schools, AICTE scholarships, NBHM fellowships (for Analytics/Finance), and corporate scholarships from companies like Aditya Birla Group and OP Jindal.
Fee & Scholarship Information
- Fees shown are total programme fees and may vary by specialisation, batch, and category. Always verify current fees on the college's official website.
- Government colleges typically offer fee waivers and tuition reductions for SC/ST/OBC/EWS and PwD category students.
- Many institutions offer merit-based scholarships, education loans, and instalment payment options. Check individual college pages for details.