Shawon Roy Chowdhury Content Strategist at Collegedunia
Content Strategist at Collegedunia | Updated On - Dec 8, 2025
Government Arts College, Salem, Central University of Haryana, Mahendragarh, KSKVKU, Kachchh, CMS College of Science and Commerce, Coimbatore, and MGAC, Vellore the top MBA colleges in India that offer MBA programs at the cheapest fees. The fee range varies from 1.8K at Government Arts College, Salem, to 70K at Jai Narain Vyas University, Jodhpur. Despite the low fees, these colleges offer a strong placement range, with average packages between 1.3 Lakh and 7 Lakh.
Cheapest MBA Colleges in India: Full Time (2 Years) 2026
| College Name | College Type | Eligibility Criteria | Average Package | Total Fees (INR) |
|---|---|---|---|---|
| Government Arts College, Salem | Government | Graduation with 50% + TANCET | 2.4 Lakh | 1.8 K |
| Central University of Haryana, Mahendragarh | Government | Graduation with 50% + CUET-PG | 3.67 Lakh | 2 K |
| KSKVKU, Kachchh | Government | Graduation with 50% + Gujarat ACPC | 2.72 Lakh | 2.01 K |
| CMS College of Science and Commerce, Coimbatore | Private | Graduation with 50% + TANCET | 3 Lakh | 2.55 K |
| MGAC, Vellore | Government | Graduation with 50% + TANCET | 2.4 Lakh | 3.96 K |
| Patliputra University, Patna | Government | Graduation with 50% | 2.5 Lakh | 5.12 K |
| Ranchi University, Ranchi | Government | Graduation with 50% + CAT | 4.69 Lakh | 5.5 K |
| Multanimal Modi College, Modinagar | Private | Graduation with 50% | 7 Lakh | 7.4 K |
| Malwa College, Bathinda | Private | Graduation with 50% | - | 7.4 K |
| Jai Narain Vyas University, Jodhpur | Government | Graduation with 50% + CMAT | 1.3 Lakh | 70 K |
Cheapest PGDM Colleges in India: Full Time (1 Year) 2026
R.B.D. Mahila Mahavidyalaya, Bijnor, M.V. College, Buxar, Nava Nalanda Mahavihara, Nalanda, Government Mohindra College, Patiala, and Sri Venkateswara University, Directorate of Distance Education, Tirupati are the cheapest MBA colleges in India that offer a 1-Year PGDM program, with fees ranging from 2 K to 5.8 K.
| College Name | College Type | Total Fees (INR) |
|---|---|---|
| R.B.D. Mahila Mahavidyalaya, Bijnor | Private | 2 K |
| M.V. College, Buxar | Private | 3 K |
| Nava Nalanda Mahavihara, Nalanda | Government | 3 K |
| Government Mohindra College, Patiala | Government | 3.7 K |
| Sri Venkateswara University, Directorate of Distance Education, Tirupati | Government | 4 K |
| Guru Nanak Girls College, Ludhiana | Private | 4.6 K |
| PCM SD College for Women, Jalandhar | Private | 4.6 K |
| DSM-CACS, Parbhani | Private | 5.05 K |
| Gondwana University, Gadchiroli | Government | 5.7 K |
| Kamla Nehru College, Korba | Government | 5.8 K |
Cheapest Executive MBA Colleges in India
IIKM, Chennai, KSBM, Mumbai, IIPM, Lucknow, IICT, Lucknow, and NIMS University, Jaipur are the cheapest Executive MBA colleges in India that offer Executive programs with fees ranging from 10 K to 35.5 K. Here is the list of the Executive MBA colleges in India, along with their course fees, college type and course duration.
| College Name | Course Duration | Total Fees (INR) |
|---|---|---|
| IIKM, Chennai | 1 Year | 10.5 K |
| KSBM, Mumbai | 2 Years | 21 K |
| IIPM, Lucknow | 1 Year | 22.5 K |
| IICT, Lucknow | 1 Year | 22.5 K |
| NIMS University, Jaipur | 1 Year 6 months | 30 K |
| Himalayan University, Itanagar | 1 Year | 30 K |
| Imperial Institute of Management and Technical Council, New Delhi | 1 Year | 30 K |
| ISMS, Mumbai | 1 Year | 34.9 K |
| ILAM, Mumbai | 1 Year | 35 K |
| KSIMT, New Delhi | 1 Year | 35.5 K |
Cheapest MBA Colleges in India: Placements
Government Arts College, Salem, is offering an average/median package of 2.4 Lakh with total fees of 1.8 K, followed by Central University of Haryana, Mahendragarh, and KSKVKU, Kachchh. Here are the top MBA colleges in India with the Cheapest fees.
| College Name | Average/Median Package | Total Fees (INR) | Top recruiters |
|---|---|---|---|
| Government Arts College, Salem | 2.4 Lakh | 1.8 K | BKT, Mineral, Agrocel, TCS, Infosys, Wipro, IBM, ICICI Bank |
| Central University of Haryana, Mahendragarh | 3.67 Lakh | 2 K | TCS, Infosys, Wipro, IBM, KPMG, Deloitte, EY, and Lenskart |
| KSKVKU, Kachchh | 2.72 Lakh | 2.01 K | BKT, Mineral, Agrocel, TCS, L&T, Wipro, Amazon, Cognizant |
| CMS College of Science and Commerce, Coimbatore | 3 Lakh | 2.55 K | TCS, Infosys, Wipro, Cognizant, HDFC Bank, ICICI Prudential, and Byju’s |
| MGAC, Vellore | 2.4 Lakh | 3.96 K | TCS, Wipro, Zoho, Infosys, HCL, Amazon, Aspire Systems |
| Ranchi University, Ranchi | 4.69 Lakh | 5.5 K | Infosys, Wipro, TCS, Tata Motors, Tech Mahindra |
| Patliputra University, Patna | 2.5 Lakh | 5.12 K | Deloitte, KPMG, PwC, ICICI Bank, Wipro, TCS, Honda, and Tech Mahindra |
| Multanimal Modi College, Modinagar | 7 Lakh | 7.4 K | TCS, Infosys, Wipro, IBM, ICICI Bank |
| Jai Narain Vyas University, Jodhpur | 1.3 Lakh | 70 K | Infosys, IBM, Adobe, Tata |
Cheapest MBA Colleges in India: Online
There are 256 MBA colleges in India that provide an Online program with the cheapest fees. Institutions such as DDEBRABU, Muzaffarpur, MPBOU, Bhopal, and Welingkar Online, Mumbai, are top Online MBA colleges with the cheapest fees.
| College Name | Course Type | Total Fees (INR) |
|---|---|---|
| DDEBRABU, Muzaffarpur | 2 Years (MBA) | 4.9 K |
| MPBOU, Bhopal | 2 Years (MBA) | 18 K |
| Welingkar Online, Mumbai | 11 Months (PGP) | 18.9 K |
| B K School of Business Management, Ahmedabad | 1 Year (PGDM) | 20 K |
| IIKM, Chennai | 2 Years (MBA) | 46 K |
Cheapest MBA Colleges in India: Part-Time
There are 154 MBA colleges in India that provide a part-time program with the cheapest fees. Institutions such as Sri Venkateswara University, Directorate of Distance Education, Tirupati, DDEBRABU, Muzaffarpur, and Hansraj Jivandas College of Education, Mumbai, are top part-time MBA colleges with the cheapest fees.
| College Name | Course Type | Total Fees (INR) |
|---|---|---|
| Sri Venkateswara University, Directorate of Distance Education, Tirupati | 1 Year (PGDM) | 4 K |
| DDEBRABU, Muzaffarpur | 2 Years (MBA) | 4.9 K |
| Hansraj Jivandas College of Education, Mumbai | 1 Year (PGDM) | 5 K |
| PSTUCDE, Hyderabad | 1 Year (PGDM) | 6 K |
| Tihu College, Tihu | 1 Year (PGDM) | 6 K |
Student Perception of the Cheapest MBA Colleges in India
The cheapest MBA colleges in India, like IIM Bangalore and IIM Ahmedabad, provide genuine input on academics, faculty, facilities, placements, and more. Based on Collegedunia student reviews, the following table presents the most loved things & the areas of improvement.
| College Name | Overall Ratings | Most Loved Things | Area of Improvement |
|---|---|---|---|
| Government Arts College, Salem | 4.2 (11 reviews) | Good faculty, low fees. | Poor restrooms, weak placements. |
| Central University of Haryana, Mahendragarh | 3.7 (131 reviews) | Big green campus, good faculty, low fees. | Weak placements, poor hostel facilities, bad transport/mess food. |
| KSKVKU, Kachchh | 3.9 (69 reviews) | Good campus, helpful faculty, affordable fees. | Poor hostel/mess, weak placements, outdated facilities. |
| CMS College of Science and Commerce, Coimbatore | 4.2 (60 reviews) | Good teachers, good campus. | Poor hostel, weak placements. |
| MGAC, Vellore | 3.6 (15 reviews) | Good teachers, low fees, decent campus. | Poor hostel/restrooms, weak placements, outdated facilities. |
| Patliputra University, Patna | 3.7 (868 reviews) | Good faculty, low fees, decent infrastructure. | No/poor hostel, small campus, weak placements. |
| Ranchi University, Ranchi | 3.8 (1072 reviews) | Good faculty, decent campus, low fees. | Weak placements, poor maintenance, and limited hostel facilities |
| Multanimal Modi College, Modinagar | 3.2 (26 reviews) | Good teachers, large campus. | Poor hostel, weak placements, outdated facilities |
| Malwa College, Bathinda | 3.5 (6 reviews) | Good faculty, decent campus, affordable fees. | Weak placements, poor mess, and limited campus events. |
| Jai Narain Vyas University, Jodhpur | 3.6 (478 reviews) | Good teachers, reasonable fees, decent campus. | Poor infrastructure, weak placements. |
Cheapest MBA Colleges in India: Top Specialisations
Cheapest MBA Colleges in India for Finance
2081 Cheapest MBA colleges in India offer Finance specialisation. Central University of Haryana, Mahendragarh, is the top college offering finance at 2 K. Other top colleges that provide a finance MBA are KSKVKU, Kachchh, and Ranchi University, Ranchi. Here is the list of the top Cheapest MBA colleges in India for finance, with eligibility criteria, average placement and total course fees.
| College Name | Eligibility Criteria | Average/Median Package | Total Fees (INR) |
|---|---|---|---|
| Central University of Haryana, Mahendragarh | Graduation with 50% + CUET-PG | 3.67 Lakh | 2 K |
| KSKVKU, Kachchh | Graduation with 50% + Gujarat ACPC | 2.72 Lakh | 2.01 K |
| Ranchi University, Ranchi | Graduation with 50% + CAT | 4.69 Lakh | 5.5 K |
| H.D. Jain College, Arrah | Graduation with 50% | 5-6 Lakh | 6 K |
| Multanimal Modi College, Modinagar | Graduation with 50% | 7 Lakh | 7.4 K |
Cheapest MBA Colleges in India for Marketing
2001 Cheapest MBA colleges in India offer Marketing specialisation. Central University of Haryana, Mahendragarh, is the top college offering finance at 2 K. Other top colleges that provide a Marketing MBA are Ranchi University, Ranchi, and H.D. Jain College, Arrah. Here is the list of the top Cheapest MBA colleges in India for marketing, with eligibility criteria, average placement and total course fees.
| College Name | Eligibility Criteria | Average/Median Package | Total Fees (INR) |
|---|---|---|---|
| Central University of Haryana, Mahendragarh | Graduation with 50% + CUET-PG | 3.67 Lakh | 2 K |
| Ranchi University, Ranchi | Graduation with 50% + CAT | 4.69 Lakh | 5.5 K |
| H.D. Jain College, Arrah | Graduation with 50% | 5-6 Lakh | 6 K |
| DDE, Kuppam | Graduation with 50% + APICET | - | 11.7 K |
| TIDE Vellore | Graduation with 50% | - | 14.5 K |
Cheapest MBA Colleges in India for Business Analytics
609 Cheapest MBA colleges in India offer Business Analytics. SNSCT, Coimbatore, is the top college offering Business Analytics at 41 K. Other top colleges that provide Business Analytics MBA are ACET, Nagercoil, and ANNA University, Coimbatore. Here is the list of the top Cheapest MBA colleges in India for Business Analytics, with eligibility criteria, average placement and total course fees.
| College Name | Eligibility Criteria | Average/Median Package | Total Fees (INR) |
|---|---|---|---|
| SNSCT, Coimbatore | Graduation with 50% + TANCET | 4.5 Lakh | 41 K |
| ACET, Nagercoil | Graduation with 50% + TANCET | 4.35 Lakh | 41 K |
| ANNA University, Coimbatore | Graduation with 50% + TANCET | 7 Lakh | 41 K |
| St. Mary’s Group of Institutions, Hyderabad | Graduation with 50% + TS ICET | 5 Lakh | 54 K |
| Sushila Devi Bansal College, Indore | Graduation with 50% + CMAT | 3.5 Lakh | 60 K |
Key Insights
- Extremely Low Fees: Full-time (2-Year) MBA programs are available for as low as 1.8 K - 7 K total tuition at government colleges like Government Arts College Salem, Central University of Haryana, and KSKVKU Kachchh. Even private colleges like CMS Coimbatore and Multanimal Modi College charge only 2.55 K - 7.4 K.
- Insane ROI: Central University of Haryana offers the highest ROI of 18,250%, with an average package of 3.67 LPA for a fee of just 2 K. It is followed by KSKVKU, Kachchh, which offers an ROI of 13,431%, and Government Arts College, Salem, which offers an ROI of 13,233%.
- Surprisingly Decent Placements: Top-tier companies like TCS, Infosys, Wipro, KPMG, IBM, Cognizant, ICICI Bank, Lenskart, Amazon, L&T, and Zoho actively recruit from these ultra-low-fee colleges. Multanimal Modi College, with a fee of 7.4K, reports the highest average package on the list, at 7 LPA.
- Cheapest Specialisations: Finance and Marketing MBAs are available for under 10 K total fees at multiple reputed government universities, while Business Analytics is relatively expensive, which starts from 41 K.
Summary:
Here are some of the best low-fee MBA colleges in India where students can complete an MBA for around 1-2 lakhs while still securing strong placements. While fees should not be the only factor in choosing a college, these options are ideal for students who prefer budget-friendly programs or want to avoid taking education loans.
- FMS Delhi - India’s best ROI MBA college with fees around 2 lakh and an average package of 34-35 LPA. Extremely competitive with 99+ CAT percentile requirement; CAT carries about 50% weightage in selection.
- JBIMS Mumbai - Known as the “CEO Factory”, offering 26-27 LPA average package with fees around 6 lakhs. Harder for non-Maharashtra students; admissions via CAT/MAH-CET, with high cutoffs.
- TISS Mumbai (HRM & LR) - Premier HR program with fees 2-3 lakhs and 24-25 LPA average placements. Needs 96-97 CAT percentile; CAT contributes 70% weightage in shortlisting.
- IIT Bombay & IIT Delhi (MBA) - Strong management departments with fees around 11-12 lakhs, but excellent ROI due to 24-27 LPA average packages. CAT cutoffs: IIT Bombay 98+, IIT Delhi 96-97, plus academics/PI weightage.
- SIMSREE Mumbai - Government MBA college with fees only 2 lakhs and 10-11 LPA average salary. Very good ROI; mainly accessible to Maharashtra candidates via MAH-CET.
- Delhi University MBA Colleges (DSE, DFS, DBE) - Fees 1-2 lakhs, offering 10-12 LPA average placements. Solid ROI with 90+ CAT percentile required.
Cheapest MBA Colleges in India FAQs
Ques. What are the eligibility criteria for these low-fee MBA colleges?
Ans. Most colleges require a Bachelor's degree with at least 50% marks, along with qualifying scores in entrance exams such as TANCET, CUET-PG, CAT, CMAT, or Gujarat ACPC, depending on the specific college.
Ques. Which low-fee MBA college offers the highest average package?
Ans. Multanimal Modi College, Modinagar, offers the highest average package of INR 7 LPA even though its fee is only 7.4K, giving it one of the best ROIs in the list.
Ques. Are placements good in these ultra-low-fee MBA colleges?
Ans. Yes, Colleges like Central University of Haryana, CMS Coimbatore, and Government Arts College Salem attract recruiters such as TCS, Infosys, Wipro, IBM, KPMG, Amazon, ICICI Bank, L&T, and more.
Ques. Which MBA specialisations are cheapest in India?
Ans. Finance and Marketing MBAs are the cheapest, available for under 10 K, while specialisations like Business Analytics start from around 41 K.
Ques. Which are the top-5 Low Fees High ROI MBA Colleges in India?
Ans. Here are the Top-5 Low-fees with high ROI MBA Colleges in India:
| College Name | Average/Median Package | Total Fees (INR) | ROI% |
| Central University of Haryana, Mahendragarh | 3.67 Lakh | 2 K | 18250% |
| KSKVKU, Kachchh | 2.72 Lakh | 2.01 K | 13431% |
| Government Arts College, Salem | 2.4 Lakh | 1.8 K | 13233% |
| CMS College of Science and Commerce, Coimbatore | 3 Lakh | 2.55 K | 11667% |
| Multanimal Modi College, Modinagar | 7 Lakh | 7.4 K | 9359% |
Ques. Why are the fees so low in these MBA colleges compared to private institutes?
Ans. Most colleges listed are government-funded, which significantly reduces tuition costs. Their infrastructure and faculty are subsidised by the government, making MBA programs extremely affordable.
Ques. Is an MBA from these low-fee colleges valid and recognised?
Ans. Yes, all colleges listed are UGC-recognised universities or government-approved institutions offering legitimate and recognised MBA/PGDM degrees.
Ques. Do low-fee MBA colleges offer internships?
Ans. Yes, most colleges provide internships, summer training, and industry interaction, especially those with active recruiters like TCS, Wipro, and IBM, which include Government Arts College, Salem, Central University of Haryana, Mahendragarh, CMS College of Science and Commerce, Coimbatore, and Ranchi University, Ranchi.
Ques. Can students without an entrance exam get admission to MBA colleges?
Ans. Colleges like Patliputra University, Malwa College, Bathinda, and Multanimal Modi College accept students based on graduation marks only, without any entrance exam requirement.
Ques. What is the typical duration of programs offered at these colleges?
Ans. The duration varies based on the type of program. A Full-Time MBA generally takes 2 Years, while most PGDM programs are 1 Year long. Executive MBA programs can range from 1 to 2 Years, depending on the college and curriculum. Similarly, Online MBA/PGDM courses typically span 1 to 2 Years, with the exact duration varying by institution.
Ques. What is an Executive MBA, and why is it pursued?
Ans. An Executive MBA is a management program for working professionals to upgrade their leadership and business skills. It is done to gain promotions, switch to managerial roles, and boost career growth, all while continuing a full-time job.
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