MBA
Master of Business Administration
MBA Latest Updates 2026
Live-
MBA Admissions 2026: top B-schools in final selection rounds - 10 Jun 2026
Leading B-schools are completing WAT/GD and personal interview rounds for the 2026 batch. Check individual college pages for shortlist and waitlist movement. Read More →
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CAT 2026 notification expected in late July - 05 Jun 2026
The IIMs are expected to announce the CAT 2026 schedule and registration window in the coming weeks. See the entrance-exam tab for accepted exams and details. Read More →
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NIRF 2026 Management rankings awaited - 28 May 2026
The latest NIRF management rankings are yet to be released. Current pages reflect the most recent published edition until the 2026 list is out. Read More →
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QS Global MBA Rankings 2026 published - 20 May 2026
The QS Global MBA and Business Masters Rankings 2026 are out, featuring several Indian business schools. See the Top Ranked tab for standings. Read More →
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 ₹7.30 Lakh for the complete programme, while private institutions average around ₹14.00 Lakh. Overall, MBA fees range from ₹35,100 to ₹38.67 Lakh across listed colleges. Currently, 96 colleges in India offer MBA programmes.
College-wise MBA Fees
| # | College | City | Type | Total Fees | |
|---|---|---|---|---|---|
| 81 |
Kalinga Institute of Industrial Technology
KIIT |
Bhubaneswar, Odisha | Deemed | ₹1,390,000 | Details |
| 82 |
Indian Institute of Technology Bombay
IIT Bombay |
Mumbai, Maharashtra | Government | ₹1,516,000 | Details |
| 83 |
Shiv Nadar University
SNU |
Greater Noida, Uttar Pradesh | Private | ₹1,572,000 | Details |
| 84 |
Amity University Noida
Amity Noida |
Noida, Uttar Pradesh | Private | ₹1,580,000 | Details |
| 85 |
Manipal Academy of Higher Education
MAHE |
Manipal, Karnataka | Deemed | ₹1,990,000 | Details |
| 86 |
Indian Institute of Management Kozhikode
IIM Kozhikode |
Kozhikode, Kerala | Government | ₹2,050,000 | Details |
| 87 |
Indian Institute of Management Lucknow
IIM Lucknow |
Lucknow, Uttar Pradesh | Government | ₹2,075,000 | Details |
| 88 |
Indian Institute of Management Indore
IIM Indore |
Indore, Madhya Pradesh | Government | ₹2,100,000 | Details |
| 89 |
Indian Institute of Management Mumbai
IIM Mumbai |
Mumbai, Maharashtra | Government | ₹2,100,000 | Details |
| 90 |
Indian Institute of Management Bangalore
IIM Bangalore |
Bangalore, Karnataka | Government | ₹2,600,000 | Details |
| 91 |
Symbiosis International University Pune
Symbiosis Pune |
Pune, Maharashtra | Private | ₹2,600,000 | Details |
| 92 |
Indian Institute of Management Shillong
IIM Shillong |
Shillong, Meghalaya | Government | ₹2,618,000 | Details |
| 93 |
Indian Institute of Management Calcutta
IIM Calcutta |
Kolkata, West Bengal | Government | ₹2,700,000 | Details |
| 94 |
NMIMS University Mumbai
NMIMS Mumbai |
Mumbai, Maharashtra | Private | ₹2,700,000 | Details |
| 95 |
Indian Institute of Management Ahmedabad
IIM Ahmedabad |
Ahmedabad, Gujarat | Government | ₹2,800,000 | Details |
| 96 |
Indian School of Business
ISB |
Hyderabad, Telangana | Private | ₹3,867,160 | 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 Fees by Institution Category
Fee comparison across different types of institutions offering MBA
| Category | Colleges | Lowest Fee | Highest Fee | Average Fee |
|---|---|---|---|---|
| College | 1 | ₹80,000 | ₹80,000 | ₹80,000 |
| NIT | 8 | ₹2.10 Lakh | ₹4.54 Lakh | ₹3.42 Lakh |
| University | 50 | ₹35,100 | ₹27.00 Lakh | ₹6.35 Lakh |
| Institute | 7 | ₹2.43 Lakh | ₹13.50 Lakh | ₹7.31 Lakh |
| IIT | 9 | ₹3.81 Lakh | ₹15.16 Lakh | ₹10.13 Lakh |
| IIM | 8 | ₹20.50 Lakh | ₹28.00 Lakh | ₹23.80 Lakh |
| Standalone | 2 | ₹12.70 Lakh | ₹38.67 Lakh | ₹25.69 Lakh |
State-wise MBA Fees
Fee ranges across different states for MBA colleges
| State | Colleges | Lowest Fee | Highest Fee | Average Fee |
|---|---|---|---|---|
| Jammu & Kashmir | 2 | ₹35,100 | ₹60,000 | ₹47,550 |
| Chandigarh | 1 | ₹47,890 | ₹47,890 | ₹47,890 |
| Chhattisgarh | 2 | ₹50,200 | ₹59,200 | ₹54,700 |
| Manipur | 1 | ₹1.20 Lakh | ₹1.20 Lakh | ₹1.20 Lakh |
| Tripura | 1 | ₹2.30 Lakh | ₹2.30 Lakh | ₹2.30 Lakh |
| Himachal Pradesh | 4 | ₹40,100 | ₹8.77 Lakh | ₹4.69 Lakh |
| Tamil Nadu | 13 | ₹53,482 | ₹11.62 Lakh | ₹5.05 Lakh |
| Assam | 3 | ₹1.00 Lakh | ₹12.00 Lakh | ₹5.13 Lakh |
| Andhra Pradesh | 2 | ₹5.50 Lakh | ₹5.64 Lakh | ₹5.57 Lakh |
| Jharkhand | 2 | ₹3.81 Lakh | ₹7.74 Lakh | ₹5.78 Lakh |
| Delhi | 7 | ₹53,750 | ₹12.70 Lakh | ₹6.93 Lakh |
| Rajasthan | 3 | ₹3.64 Lakh | ₹12.60 Lakh | ₹7.08 Lakh |
| Punjab | 5 | ₹3.50 Lakh | ₹13.50 Lakh | ₹7.55 Lakh |
| Odisha | 3 | ₹4.54 Lakh | ₹13.90 Lakh | ₹8.65 Lakh |
| Kerala | 3 | ₹2.18 Lakh | ₹20.50 Lakh | ₹8.89 Lakh |
| Gujarat | 4 | ₹1.40 Lakh | ₹28.00 Lakh | ₹9.40 Lakh |
| Uttarakhand | 2 | ₹9.08 Lakh | ₹10.00 Lakh | ₹9.54 Lakh |
| Telangana | 6 | ₹70,000 | ₹38.67 Lakh | ₹9.86 Lakh |
| Uttar Pradesh | 6 | ₹2.20 Lakh | ₹20.75 Lakh | ₹11.79 Lakh |
| West Bengal | 3 | ₹4.18 Lakh | ₹27.00 Lakh | ₹14.20 Lakh |
| Karnataka | 5 | ₹4.00 Lakh | ₹26.00 Lakh | ₹14.73 Lakh |
| Maharashtra | 5 | ₹2.00 Lakh | ₹27.00 Lakh | ₹18.23 Lakh |
| Madhya Pradesh | 1 | ₹21.00 Lakh | ₹21.00 Lakh | ₹21.00 Lakh |
| Meghalaya | 1 | ₹26.18 Lakh | ₹26.18 Lakh | ₹26.18 Lakh |
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.
Frequently Asked Questions - MBA Fees
MBA fees vary significantly by institution type. IIMs charge ₹10-25 Lakh for the full programme, while other top B-schools range from ₹5-20 Lakh. Private MBA colleges typically charge ₹3-15 Lakh depending on reputation and location.
Yes, government-funded institutions like IIMs, FMS Delhi, and NITIE offer world-class MBA education at a fraction of private B-school fees. FMS Delhi, for instance, is known for offering one of the best ROI MBA programmes in the country.
Banks readily offer education loans for MBA at recognised institutions, especially IIMs and top-ranked B-schools. Loan amounts can cover tuition, hostel, and living expenses, with repayment typically starting after placement or course completion.
Most B-schools include placement facilitation as part of the programme. However, hostel, mess, study material, and international immersion fees may be charged separately. Always check the detailed fee breakdown on the institution's page.
Not necessarily. Return on investment matters more than absolute fee. A moderately priced programme at a well-placed B-school with strong alumni networks can offer better career outcomes than a premium-priced programme with weaker industry connections.