Some of the most expensive universities in India for MBA are IIM Ahmedabad, Bangalore, Calcutta, Kozhikode, and others. The average fees of these colleges range between INR 27 lakhs to INR 35 Lakhs.
IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode, and others are some of the most expensive colleges in India for MBA. The average fees of these colleges ranges between INR 27 lakhs to INR 35 lakhs for a 2-year program. Most MBA colleges in India accept scores of national-level entrance examinations like CAT, XAT, SNAP, MAT, NMAT, ATMA, etc.
MBA (Master of Business Administration) is an accredited postgraduate program that gives students the knowledge and abilities they need to pursue careers in business and management studies. It is one of the most popular programs pursued by graduate students in India. More than 5,000 MBA colleges in India provide degrees in various specialties (government and private).
The following list of the most expensive universities in India for an MBA includes some such institutions and information on their annual fees, courses, and top-notch facilities..
How to Get Admission in Expensive MBA Colleges in India?
MBA eligibility is the first step in determining whether candidates can apply for an MBA course.
- A minimum of 50% in graduation is required for general MBA eligibility.
- However, some institutions, like the IITs and NITs, need at least a 60% GPA.
- There is no maximum age for an MBA course.
In addition to the standard qualifications for eligibility for an MBA, there are also specific requirements for an Executive MBA and an MBA abroad, including work experience requirements, entrance exam scores, and group discussion and personal interview performance.
Top 10 Most Expensive Universities in India for MBA with Fees
The best management institutions in India are rated by several well-known ranking organizations all around the nation. Additionally, several international ranking agencies have ranked some of India's top-ranked and best MBA colleges. The top management colleges in India are ranked using a variety of factors, including placement rates, amenities, infrastructure, quality of instruction, and perception, among many others. IIM Ahmedabad has been ranked as no 1 MBA university in India since years.
| NIRF Ranking 2024 | Expensive Universities in India | Courses | Average Fees in Top MBA Colleges in India |
| 1 | IIM Ahmedabad | PGP MBA, MBA-PGPX, MBA-FABM, ePGD. | INR 26 lakhs |
| 2 | IIM Bangalore | FPM, EPGP, PGP, PGPBA, PGPEM, PGPPM. | INR 26 lakhs |
| 3 | IIM Calcutta | Full Time MBA, PGPEX-VLM, Executive MBA, DBA, PGDBA. | INR 31 lakhs |
| 5 | IIM Kozhikode | MBA/PGDM, PGP-LSM, PGPM, Executive MBA/PGDM, Ph.D. | INR 23 lakhs |
| 13 | MDI Gurgaon | PGDM, PGDM-HRM, PGDM-IB, Executive PGDM-BM, PGDM-PPM | INR 29.58 lakhs |
| 21 | S.P. Jain Institute of Management and Research, Mumbai | PGDM, PGPM, PGPFMB, PGEMP, PGPDM, FPM, and PGP-GM. | INR 22.5 lakhs |
| 24 | IIFT Delhi | MBA-IB (Full-time), MBA-IB (Online), EPGD-GHRM, EPGD-IB, Ph.D. | INR 21.82 lakhs |
| 31 | Great Lakes Chennai | MBA/PGDM, Executive MBA/PGDM, FPM, PGPM, PGXPM, PGCM. | INR 21.25 lakhs |
| 44 | IMT Ghaziabad | MBA/PGDM, FPM, PGDM, PGDM, PGDM EXP, PGDM WE. | INR 21.53 lakhs |
| 70 | IMI Kolkata | PGDM, PGCM, PG Diploma, PG Certificate, EFPM | INR 9.8 lakhs |
Admission Process for Most Expensive Universities in India for MBA
You can check for the admission process of each universities from the links provided after every paragraph. Here, learn about the steps of admission process commonly followed in all expensive universities in India for MBA.
- Step 1: Check for the application start and end date, entrance exam to write, the stipulated entrance exam scores for each university.
- Step 2: Go visit their official website and look for the application form.
- Step 3: Fill teh form, attach the documents requisites for each university.
- Step 4: Submit the form via online and take a print out of the filled application form.
- Step 5: Once shortlisted after GD and PI, pay the admission fees.
- Step 6: Take a Demand Draft (DD) with the stipulated admission fee of each university.
Scholarship Options to Aid Expensive Fees in MBA Colleges
Since the MBA fees of these top management colleges is too high, you have several MBA scholarship options to aid the fees. There are several private and government scholarship options as mentioned below to pursue the course.
1. Merit- Based Scholarship- The ones who hold an excellent academic background and exceptional management entrance exam score such as CAT, XAT, MAT, etc can avail merit based scholarships.
2. Corporate and Financial Scholarships- Various organizations will sponser your MBA course based on different factors such as joining the company post-graduation.
3. Government National Scholarships- Many centralized scholarships are certified by the Government of India across state and national level. However, they are not MBA specific, but can be availed by you.
Following these tips and admission procedure you can easily take admission in the top expensive MBA colleges of India.
