Looking for MBA colleges with low fees and strong placements? Explore high-ROI institutes, salary trends, and affordable management options.
When deciding on an MBA college, it is about the quality of education, the faculty, placement and cost of tuition. Although the best B-schools might prove costly, there are also a number of government, private and state universities in India that have low-cost MBAs with good placements.
These colleges are worth the investment, and the students get the opportunity to be exposed to the industry, acquire some practical skills and develop careers without too much financial burden. This article provides a list of MBA colleges with low fees and good placements.
List of MBA Colleges With Low Fees and Good Placements
It may be difficult to secure a college of MBA program at an affordable cost that comes along with good placement. Most of the best B-schools charge a lot, but still, in India, there are various government, state, and privately operated institutes that offer quality management education with low fees, along with campus placements. The list of MBA colleges with low fees and good placements has good ROI, exposure to industry, and career development.
Government MBA Colleges With Low Fees and Good Placements
Government colleges offering MBA have low rates of tuition fees and high quality of education and placement. Most of these institutes are usually supported by the central or state governments with a guarantee of degree credibility, structured curriculum and industry ties. Government colleges offer high returns on investment to students who want to access high-end pay packages and preferred recruiters without incurring high costs.
The table below gives a list of government MBA colleges with low fees and good placement.
|
College Name |
Location |
Average Annual Fees |
|
Jamia Millia Islamia University |
Delhi |
INR 96,000 |
|
The University of Delhi, Faculty of Management Studies (FMS) |
Delhi |
INR 1.20 Lakh |
|
Institute of Management Studies, Banaras Hindu University (BHU‑IMS) |
Varanasi, Uttar Pradesh |
INR 65,100 |
|
Department of Commerce, University of Delhi |
Delhi |
INR 70,000 |
|
Department of Management Studies, Anna University |
Chennai, Tamil Nadu |
INR 20,500 |
|
Pondicherry University |
Puducherry |
INR 40,700 |
|
University of Jammu |
Jammu, Jammu & Kashmir |
INR 17,365 |
|
Maharaja Sayajirao University of Baroda |
Vadodara, Gujarat |
INR 78,071 |
|
Ganpat University |
Mehsana, Gujarat |
INR 15,696 |
|
RKDF University |
Bhopal, Madhya Pradesh |
INR 74,718 |
|
Department of Management Science, Savitribai Phule Pune University |
Pune, Maharashtra |
INR 14,500 |
|
University Business School, Panjab University |
Chandigarh |
INR 95,000 |
|
National Institute of Management |
Delhi |
INR 50,000 |
|
Indian Institute of Business Management and Studies |
Mumbai, Maharashtra |
INR 66,194 |
|
University School of Management Studies, Guru Gobind Singh Indraprastha University |
Delhi |
INR 50,800 |
Private MBA Colleges With Low Fees and Good Placements
Some of the privately run colleges of MBA have moderate prices and good placement prospects, thus appealing to students. These institutes pay attention to career-oriented courses and practical exposure, usually through internships, projects in the industry and through corporate relationships. Although the cost is more than government colleges, the pay-back can be quite good, as well as students will achieve access to specialisation niche and networking.
The table below gives a list of private MBA colleges with low fees and good placement.
|
College |
Location (State / City) |
Approx. MBA Fees (Full Course / Tuition) |
|
BIMTECH |
Uttar Pradesh / Noida |
6–9 lakhs |
|
XIME |
Karnataka / Bangalore |
5–7 lakhs |
|
Amrita Vishwa Vidyapeetham |
Tamil Nadu / Coimbatore |
5–8 lakhs |
|
Lovely Professional University (LPU) |
Punjab / Jalandhar |
4–7 lakhs |
|
ITM Business School |
Maharashtra / Navi Mumbai |
6–8 lakhs |
|
PIBM (Pune Institute of Business Management) |
Maharashtra / Pune |
4–6 lakhs |
|
Graphic Era University – Business School |
Uttarakhand / Dehradun |
3–5 lakhs |
|
Chitkara University |
Punjab / Patiala |
4–6 lakhs |
|
Great Lakes Institute of Management |
Haryana / Gurgaon |
6–9 lakhs |
|
Christ University – School of Business |
Karnataka / Bangalore |
5–8 lakhs |
State-Level MBA Colleges With Low Fees and Good Placements
Universities at the state level offer low-priced MBA programs that have regional and national placements. These are government-financed and operated universities providing recognized degrees, hands-on curriculum and providing access to local industries. They suit well for students who are interested in studying management at a low cost, but still get proper placement guidance and accessibility to the corporate recruiters.
The table below gives a list of state-level universities with low fees and good placement.
|
University / Institute |
Location (State / City) |
Approx. MBA Fees (Full Course / Tuition) |
|
University of Jammu |
Jammu, Jammu & Kashmir |
1.7 lakhs |
|
Maharaja Sayajirao University of Baroda |
Vadodara, Gujarat |
0.78 lakhs |
|
Pondicherry University |
Puducherry |
0.41 lakhs |
|
University Business School, Panjab University |
Chandigarh |
0.95 lakhs |
|
University School of Management Studies, Guru Gobind Singh Indraprastha University |
Delhi |
0.51 lakhs |
|
Department of Management Studies, Anna University |
Chennai, Tamil Nadu |
0.21 lakhs |
|
Department of Commerce, University of Delhi |
Delhi |
0.70 lakhs |
|
Institute of Management Studies, Banaras Hindu University (BHU‑IMS) |
Varanasi, Uttar Pradesh |
0.65 lakhs |
|
National Institute of Management |
Delhi |
0.50 lakhs |
|
Savitribai Phule Pune University – Department of Management Science |
Pune, Maharashtra |
0.15 lakhs |
Also Read: Top Government MBA Colleges in Delhi with Fees & Admission Process
Specialisation-Wise List of MBA Colleges with Low Fees
Some colleges have comparatively low fees for MBA programs in certain streams such as Finance, Marketing, HR, Operations, or IT, so the student can pursue their interest without attending college at high tuition. The table below gives a list of MBA colleges with low fees and good placement based on specialization courses.
|
Specialisation |
College / University |
Location |
Type |
Fees |
|
Finance |
Faculty of Management Studies (FMS) |
Delhi |
Government |
2.3 lakhs |
|
Finance |
Jamia Millia Islamia (JMI) |
Delhi |
Government |
0.96 lakhs |
|
Marketing |
Banaras Hindu University – IMS (BHU) |
Varanasi, UP |
Government |
0.65 lakhs |
|
Marketing |
University Business School, Panjab University |
Chandigarh |
Government |
0.95 lakhs |
|
Human Resource Management (HRM) |
Department of Management Studies, Anna University |
Chennai, TN |
Government |
0.21 lakhs |
|
HRM |
Pondicherry University |
Puducherry |
Government |
0.41 lakhs |
|
Operations / Logistics |
ITM Business School |
Navi Mumbai, MH |
Private |
6–8 lakhs |
|
Operations / Logistics |
BIMTECH |
Greater Noida, UP |
Private |
6–9 lakhs |
|
International Business / Strategy |
XIME |
Bangalore, Karnataka |
Private |
5–7 lakhs |
|
General Management |
Lovely Professional University (LPU) |
Jalandhar, Punjab |
Private |
4–7 lakhs |
|
General Management |
Chitkara University |
Patiala, Punjab |
Private |
4–6 lakhs |
|
Entrepreneurship / Innovation |
Amrita Vishwa Vidyapeetham |
Coimbatore, TN |
Private |
5–8 lakhs |
|
Entrepreneurship / Innovation |
Graphic Era University |
Dehradun, Uttarakhand |
Private |
3–5 lakhs |
|
Information Technology / Systems |
PIBM (Pune Institute of Business Management) |
Pune, MH |
Private |
4–6 lakhs |
|
Information Technology / Systems |
Christ University – School of Business |
Bangalore, Karnataka |
Private |
5–8 lakhs |
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Factors to Consider Before Choosing a Low-Fee MBA College
One should consider a college that has low fees however, it must not sacrifice good education or the future career goals. The following are the main aspects to take into consideration.
- Accreditation and Recognition- Make sure that the college is accredited by AICTE, UGC or state authorities. When organizations such as the NBA or NAAC accredit the college, it means that the college does not fall short of the minimum requirements as far as curriculum, faculty and infrastructure are concerned.
- Placement Records- Find colleges with a strong track record in terms of placement in the last several years. Check the average salary, best recruiters and placement percentage for each college. Colleges with low fees can also be good in terms of ROI in case the placements are good.
- Specialisations and Course Curriculum- Compare the specialisations and curriculum of different institutes. Select a college which has a good, relevant curriculum which suits the current needs in the industry.
- Faculty Quality- Experience and knowledge of the faculty are important. Qualification of research faculty, industry exposure and research contributions. Learning can be improved even in a low-cost environment with experienced professors.
- Facilities and Infrastructure- Campus infrastructure, such as classrooms, libraries, labs, as well as computer facilities. Basic facilities need to be adequate for quality learning, even when the charges are minimal.
- Industries and Internships- Opportunities for good industry affiliations and internships enhance job readiness. Low-fee colleges depend on universities and therefore, are affiliated with reputable employers.
- Alumni Network- A good alumni network is useful in mentoring, networking, and placement. Enquire on whether or not the alumni are active and participate in the support of the current students.
- Location- Location is the factor that impacts the access to job markets, industries, and networking events. A college with low fees in a business city or metropolitan area may have better exposure than compared one in an isolated area.
- Additional Costs- Look at the total cost of the study and not just the tuition fees. Include hostel fees, transport, study material and examination fees as well.
- Reviews and Student Feedback- See the latest student reviews on placement assistance, faculty, campaign, and administration. The feedback can be seen through online forums, social media and education portals.
Also Read: Top Private MBA Colleges in India: NIRF Ranking, Fees, Specialisations Offered
Conclusion
Low-fees MBA colleges may be a great alternative to students who are interested in inexpensive management education without losing career opportunities. Aspirants can thus identify the colleges with value and development by considering factors like placement records, course specialisations, quality of faculty and infrastructure. Students can choose from low-fees government, state-level and private institutes and have a fulfilling MBA experience along with good placement opportunities.
Quick Facts
-
Government colleges offer low tuition fees and high ROI. -
Private institutes focus on career-oriented courses and networking. -
State universities provide recognized degrees and regional/national placements. -
FMS Delhi MBA fees: INR 1.20 Lakh; Anna University: INR 20,500.