MBA Course Fees 2026: Government vs Private College Cost
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One-year Executive MBA programs at premier institutes cost between INR 7.43 lakh and INR 37.10 lakh.
At least 4,775 colleges offer MBA courses across India, including 130 government colleges and 2,146 private institutes. Below is a detailed breakdown of MBA course fees across government institutions, top private institutes, IIM campuses, 1-year executive programs, city-wise cost ranges, available scholarships, and return on investment.
| Parameter | Details |
|---|---|
| Government MBA Fee Range | INR 50,000 to INR 2,00,000 (Whole Course) |
| Private MBA Fee Range | INR 4,00,000 to INR 25,00,000 (Whole Course) |
| Top IIM 2-Year MBA Fees | INR 17.30 Lakh to INR 27.50 Lakh |
| 1-Year Executive MBA Fees | INR 7.43 Lakh to INR 37.10 Lakh |
| Lowest Tuition Fee Institute | INR 2,000 (DSE, Delhi University) |
MBA Fees in Government Colleges
| College | City | Ownership | Total course fee |
|---|---|---|---|
| University of Calcutta | Kolkata | Government | ₹5,488 |
| Calicut University | Calicut | Government | ₹5,755 |
| Muthurangam Government Arts College | Vellore | Government | ₹6,150 |
| Banaras Hindu University | Varanasi | Government | ₹8,500 |
| Gujarat University | Ahmedabad | Government | ₹9,050 |
| Government Post Graduate College Champawat | Champawat | Government | ₹18,000 |
| Maharani’s Arts, Commerce and Management College for Women | Bangalore | Government | ₹24,390 |
| Government First Grade College Vijayanagar | Bangalore | Government | ₹24,555 |
| Gujarat Technological University | Ahmedabad | Government | ₹26,250 |
| Universal College of Engineering and Technology Guntur | Guntur | Government | ₹27,000 |
Delhi School of Economics (DSE), University of Delhi charges total tuition fees of INR 2,000 for its MBA program. Devi Ahilya Vishwavidlavya (DAVV) in Indore charges INR 1,21,500 total course fee for its MBA program.
MBA Fees in Private Colleges
Private management institutes and deemed universities offer modern academic amenities, industry connections, and specialized corporate training, reflected in their tuition structures. XLRI Jamshedpur charges total tuition fees ranging from INR 24 lakh to INR 30 lakh. NMIMS Mumbai MBA tuition fees range between INR 8 lakh and INR 24 lakh, while Symbiosis Institute of Business Management (SIBM) charges between INR 16 lakh and INR 22 lakh for an MBA. MDI Gurgaon MBA tuition fee ranges from INR 18 lakh to INR 25 lakh. For cost-conscious candidates, Welingkar Institute in Mumbai offers low-cost MBA programs starting at INR 94,000.
| College | City | Ownership | Total course fee | Average package |
|---|---|---|---|---|
| Loyola Institute of Business Administration | Chennai | Private | ₹7.46 lakh | 10.08 LPA |
| St. Albert’s College | Ernakulam | Private (aided) | ₹2.40 lakh | 9.8 LPA |
| N. L. Dalmia Institute of Management Studies and Research | Mumbai | Private | — | 7.54 LPA |
| Thiagarajar School of Management | Madurai | Private | ₹10.50 lakh | 6.39 LPA |
| Pune Institute of Business Management Pune | Pune | Private | ₹4.38 lakh | 6.12 LPA |
| City Engineering College | Bangalore | Private | ₹1.16 lakh | 6 LPA |
| School of Management Sciences Lucknow | Lucknow | Private | ₹1.41 lakh | 5.93 LPA |
| Indira Institute of Management | Pune | Private | ₹2.40 lakh | 5.64 LPA |
| Ishan Institute of Management and Technology | Greater Noida | Private | — | 5.5 LPA |
| Gian Jyoti Institute of Management and Technology | Mohali | Private | ₹1.97 lakh | 5.37 LPA |
Top MBA Colleges and Fees
| IIM Campus Name | Category | 2-Year MBA Fee |
|---|---|---|
| IIM Ahmedabad | Old IIM | INR 27.50 Lakh |
| IIM Indore | Old IIM | INR 20.11 Lakh |
| IIM Kozhikode | Old IIM | INR 23.50 Lakh |
| IIM Lucknow | Old IIM | INR 20.75 Lakh |
| IIM Mumbai | Old IIM | INR 20.50 Lakh |
| IIM Udaipur | New IIM | INR 20.18 Lakh |
| IIM Kashipur | Baby IIM | INR 17.30 Lakh |
| IIM Bodh Gaya | Baby IIM | INR 17.96 Lakh |
IIM Ahmedabad charges INR 27.50 lakh for its flagship 2-year MBA program, while IIM Bangalore costs INR 26.30 lakh. Premier IIM fees range between INR 17.30 lakh and INR 27.50 lakh.
| College | City | Ownership | Total course fee | NIRF rank |
|---|---|---|---|---|
| Symbiosis Skills & Open University | Pune | — | ₹9.60 lakh | 1 (Overall, 2025) |
| Indian Institute of Technology Madras | Chennai | Government | ₹8.93 lakh | 1 (Overall, 2025) |
| Jawaharlal Nehru University | Delhi | Government | ₹6.04 lakh | 2 (Overall, 2025) |
| Indian Institute of Technology Bombay | Mumbai | Government | ₹7.16 lakh | 3 (Overall, 2024) |
| Manipal University Manipal | Manipal | — | ₹6.04 lakh | 3 (Overall, 2025) |
| Punjab Agricultural University | Ludhiana | — | ₹3.03 lakh | 3 (Overall, 2025) |
| Manipal Academy of Higher Education (MAHE) | Manipal | — | ₹2.92 lakh | 3 (University, 2025) |
| Jamia Millia Islamia University | Delhi | Government | ₹52,945 | 4 (Overall, 2025) |
| Indian Institute of Technology Kanpur | Kanpur | Government | ₹4.74 lakh | 5 (Overall, 2025) |
| Delhi University | Delhi | Government | ₹97,000 | 5 (Overall, 2025) |
Scholarships for MBA
Multiple merit-based and need-based scholarships exist to reduce out-of-pocket tuition expenses for deserving candidates. AGBS Mumbai offers 100% tuition scholarships for candidates scoring 93% or above in Class 12 and 80% in undergraduate degrees. For candidates aiming for international management studies, the Stanford Reliance Dhirubhai Fellowship provides approximately USD 150,000 (INR 1.25 Crore) for Indian nationals pursuing an MBA at Stanford GSB. Leading institutes including IIMs and XLRI also grant internal financial assistance based on family income criteria.
MBA Course Fees for 1-Year Executive Programs
One-year Executive MBA programs (EMBA/PGPX) are tailored for mid-career professionals seeking intensive leadership training. The 1-year MBA-PGPX executive program at IIM Ahmedabad costs between INR 35.00 lakh and INR 37.10 lakh. The 1-year EPGP executive MBA at IIM Bangalore costs INR 33.68 lakh, while IIM Rohtak offers a 1-year PGPX executive MBA course for INR 7.43 lakh.
| IIM Campus | Program Name | Course Duration | Total Program Fee |
|---|---|---|---|
| IIM Ahmedabad | MBA-PGPX | 1 Year | INR 35.00 Lakh – INR 37.10 Lakh |
| IIM Bangalore | EPGP | 1 Year | INR 33.68 Lakh |
| IIM Lucknow | IPMX | 1 Year | INR 26.25 Lakh |
| IIM Indore | EPGP | 1 Year | INR 26.76 Lakh |
| IIM Shillong | PGPEx | 1 Year | INR 22.76 Lakh |
| IIM Mumbai | PGPEx | 1 Year | INR 16.20 Lakh |
| IIM Sirmaur | PGPex LSM | 1 Year | INR 11.00 Lakh |
| IIM Rohtak | PGPX | 1 Year | INR 7.43 Lakh |
How to Apply for MBA Admission in 2026: Step by Step
- Research Programs and Financial Aid: Explore official university portals to identify need-based, merit-based, or category-specific scholarships matching your background and goals.
- Submit Applications Early in Round 1: Apply early because institutes distribute funds on a rolling basis, and competitive scholarship deadlines close quickly.
- Complete Essential Application Documents: Submit completed application forms, well-crafted essays, personal statements, and robust letters of recommendation.
- Network with Admissions Representatives: Connect with school representatives and faculty during campus visits, MBA fairs, and networking events.
| What to do | Where | Link |
|---|---|---|
| Compare colleges, fees and cutoffs | MBA colleges in India | findmycollege.com |
Applying early in Round 1 with strong test scores significantly improves admission prospects and financial aid eligibility. Submitting tailored application essays and engaging with representatives at MBA fairs further strengthens candidate profiles.
FAQs
What are the average fees for an MBA program in India?
Average MBA fees in government colleges range from INR 50,000 to INR 2,00,000. In private colleges, fees range between INR 4,00,000 and INR 25,00,000, while premier IIMs charge between INR 17.30 lakh and INR 27.50 lakh.
What is the fee for a 1-year Executive MBA program?
1-year Executive MBA programs at top IIMs cost between INR 7.43 lakh (IIM Rohtak) and INR 37.10 lakh (IIM Ahmedabad PGPX), while IIM Bangalore’s 1-year EPGP costs INR 33.68 lakh.
Is scholarship available for an MBA in India?
Yes, institutes like IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, and XLRI offer need-based and merit-based financial aid. Private institutes like AGBS offer up to 100% tuition scholarships based on academic scores.
Which government colleges offer low MBA course fees in India?
Government colleges offering low fees include University of Calcutta with a total course fee of ₹5,488, Calicut University at ₹5,755, and Banaras Hindu University at ₹8,500.
What is the typical starting salary after completing an MBA?
Average starting salaries vary by institution, ranging from INR 9 LPA at state universities like Calcutta University up to INR 30–35.68 LPA at top institutions like IIM Ahmedabad, IIM Bangalore, and FMS Delhi.
