Content Writer | Updated On - Jan 27, 2026
KKSU Nagpur, Ness Wadia College of Commerce, Pune, BAMU Aurangabad, Babasaheb Ambedkar Marathwada University, Aurangabad, and MGAHV Wardha are among the top MBA colleges in Maharashtra with low fees. The fee ranges are 5.2K at KKSU Nagpur to 25K at Radha Mahavidyalaya, Nagpur. Despite the low fees, these colleges offer decent placement outcomes, with average packages ranging between 2.4 LPA and 4.28 LPA.
Key Summary
- Fee Range: 5.2K (KKSU Nagpur) to 25K (Radha Mahavidyalaya, Nagpur)
- Placements: Average packages range from 2.4 LPA (BAMU Aurangabad) to 4.28 LPA (Ness Wadia College of Commerce, Pune)
- Top Recruiters: TCS, Infosys, Wipro, Deloitte, Amazon, Tech Mahindra, HCL, Capgemini, Tata Group
- Main Entrance Exams:
- MAH MBA CET – BAMU Aurangabad, PDKV Akola
- CAT – SIM Pune
- Merit-Based Admission – KKSU Nagpur, MGAHV Wardha, Santaji Mahavidyalaya
- Best Specializations Available at Low Fees: Finance, Marketing, Human Resource Management, Operations
- Best Colleges for Finance & Marketing: Ness Wadia College of Commerce, Pune; BAMU Aurangabad; MGAHV Wardha
- Part-Time & 1-Year MBA Options: Hansraj Jivandas College of Education (Mumbai), ASM Group of Institutes (Pune), SIM Pune, Mumbai University
Top MBA Colleges in Maharashtra with Low Fees: Full Time (2 Years) 2026
| College Name | Eligibility Criteria | Average Package | Total Fees (INR) | Top Specialization |
|---|---|---|---|---|
| KKSU Nagpur | Graduation with 50% | - | 5.2 K | Environmental Management |
| Ness Wadia College of Commerce, Pune | Graduation with 50% | 4.28 LPA | 10 K | International Business |
| BAMU Aurangabad | Graduation with 50% + MAHCET | 2.4 LPA | 10.8 K | Finance, Marketing, HRM |
| Department of Management Science, Dr. Babasaheb Ambedkar Marathwada University, Aurangabad | Graduation with 50% | - | 10.8 K | Marketing, Finance, Operations, Systems |
| MGAHV Wardha | Graduation with 50% | 3 LPA | 14.5 K | Finance, Marketing, HRM |
| Santaji Mahavidyalaya, Nagpur | Graduation with 50% | - | 16.17 K | Computer Management |
| Adarsha Science Jairamdas Bhagchand Arts and Birla Commerce Mahavidyalaya, Amravati | Graduation with 50% | - | 19.2 K | Business Administration, Computer Management |
| SIM Pune | Graduation with 50% + CAT | - | 19.8 K | Marketing, Finance, Operations |
| PDKV Akola | Graduation with 50% + MAUEB-CET | 2.5 LPA | 21.18 K | Agriculture, Food Business |
| Radha Mahavidyalaya, Nagpur | Graduation with 50% | - | 25 K | Computer Management |
PGDM Colleges in Maharashtra with Low Fees: Full Time (1 Year) 2026
Shivaji University Kolhapur, Hansraj Jivandas College of Education Mumbai, DSM-CACS Parbhani, Gondwana University Gadchiroli, and RTMNU Nagpur are the MBA colleges in Maharashtra with Low Fees that offer a 1-Year PGDM program, with fees ranging from 2.5 K to 13.3 K.
| College Name | College Type | Total Fees (INR) | Top Specialization |
|---|---|---|---|
| Shivaji University Kolhapur | Government | 2.5 K | Rural Development |
| Hansraj Jivandas College of Education, Mumbai | Government | 5 K | - |
| DSM-CACS Parbhani | Private | 5.04 K | Marketing Management |
| Gondwana University Gadchiroli | Government | 5.7 K | Industrial Relations And Personnel Management |
| RTMNU Nagpur | Government | 8.36 K | Travel Tourism & Cultural Heritage |
| Ness Wadia College of Commerce, Pune | Private | 10 K | Banking, Finance |
| SPPU Pune | Government | 10 K | Foreign Trade |
| K. K. Wagh Arts, Commerce, Science, and Computer Science College, Nashik | Private | 12.8 K | Marketing, Finance, Human Resources |
| KK Wagh Education Society, Nashik | Private | 12.8 K | Marketing, Finance, Human Resources |
| MMCC Pune | Private | 13.3 K | Banking, Finance |
Top MBA Colleges in Maharashtra with Low Fees: Placements
Ness Wadia College of Commerce, Pune, offers an average/median package of 4.28 LPA with total fees of 10 K, followed by BAMU Aurangabad and MGAHV Wardha. Here are the top MBA colleges in Maharashtra with Low fees.
| College Name | Average/Median Package | Total Fees (INR) | Top recruiters |
|---|---|---|---|
| Ness Wadia College of Commerce, Pune | 4.28 LPA | 10 K | Deloitte, Infosys, Amazon, Wipro, Tata |
| BAMU Aurangabad | 2.4 LPA | 10.8 K | TCS, Infosys, Wipro, Tech Mahindra, HCL, Cognizant, Capgemini |
| MGAHV Wardha | 3 LPA | 14.5 K | - |
| PDKV Akola | 2.5 LPA | 21.18 K | Bayer Crop Science, IFFCO, Mahindra, Reliance Foundation |
Top MBA Colleges in Maharashtra with Low Fees: Part-Time
39 MBA colleges in Maharashtra provide a part-time program with low fees. Hansraj Jivandas College of Education, Mumbai, ASM Group of Institutes, Pune, and SIM Pune are top part-time MBA colleges in Maharashtra with Low Fees.
| College Name | Course Type | Total Fees (INR) |
|---|---|---|
| Hansraj Jivandas College of Education, Mumbai | 1 Year | 5 K |
| ASM Group of Institutes, Pune | 1 Year | 15 K |
| SIM Pune | 2 Years | 19.8 K |
| SACS Ahmednagar | 1 Year | 25 K |
| Mahatma Gandhi Antarrashtriya Hindi Vishwavidyalaya, Distance Education, Wardha | 2 Years | 28.75 K |
| Mumbai University Mumbai | 1 Year | 35 K |
| KSBM Mumbai | 2 Year | 39.9 K |
| XIBMS Mumbai | 2 Year | 40.9 K |
| IIBMS Mumbai | 10 Months | 42.8 K |
| ISBM Pune | 2 Year | 49.9 K |
Student Perception of the Cheapest MBA Colleges in Maharashtra
The cheapest MBA colleges in Maharashtra, like GVP Maharashtra and ISBM Maharashtra, 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 |
|---|---|---|---|
| KKSU Nagpur | 4.3 (23 reviews) | Supportive faculty and peaceful campus environment. | Limited placements and campus facilities need enhancement. |
| Ness Wadia College of Commerce, Pune | 4.0 (68 reviews) | Experienced faculty and strong academic reputation. | Placements and infrastructure can be improved. |
| BAMU Aurangabad | 3.7 (757 reviews) | Helpful faculty and friendly campus. | Campus facilities and administration need improvement. |
| Department of Management Science, Dr. Babasaheb Ambedkar Marathwada University, Aurangabad | 3.1 (4 reviews) | Supportive faculty and a good campus environment. | Placements need improvement. |
| MGAHV Wardha | 4.2 (9 reviews) | Peaceful campus and helpful faculty. | Placements need improvement. |
MBA Colleges in Maharashtra with Low Fees: Specialisations
General MBA is one of the most popular MBA programs in Maharashtra, with 356 colleges offering the stream. Below is the list of the top MBA specialisations in Maharashtra with low fees, along with the total number of colleges offering the specialisations and the top 3 colleges for each specialisation.
MBA Colleges in Maharashtra with Low Fees FAQs
Ques. What are the eligibility criteria for low-fee MBA colleges in Maharashtra?
Ans. Most low-fee MBA colleges in Maharashtra require a Bachelor’s degree with at least 50% marks (45% for reserved categories) from a recognized university. Admissions are primarily based on MAH MBA CET, while some institutes also accept CAT or offer merit-based admission for university-affiliated programs.
Ques. Which low-fee MBA college in Maharashtra offers the highest average package?
Ans. Ness Wadia College of Commerce, Pune, offers the highest average package of around 4.28 LPA among low-fee MBA colleges in Maharashtra, with a total course fee of just 10 K, making it one of the best ROI-driven MBA options in the state.
Ques. Are placements good in these low-fee MBA colleges in Maharashtra?
Ans. Yes, several ultra-low-fee MBA colleges in Maharashtra, such as Ness Wadia College of Commerce, Pune, BAMU Aurangabad, MGAHV Wardha, and PDKV Akola, offer decent placement opportunities. Recruiters like TCS, Infosys, Wipro, Deloitte, Tech Mahindra, HCL, Capgemini, Tata Group, Amazon, and Reliance Foundation visit these campuses, ensuring reasonable placements despite the minimal course fees.
Ques. Is an MBA from these low-fee colleges in Maharashtra valid and recognised?
Ans. Yes, all listed low-fee MBA colleges in Maharashtra are UGC-recognised, AICTE-approved, or government-affiliated institutions, and the MBA/PGDM degrees offered are valid and widely accepted for higher education and employment.
Ques. Do low-fee MBA colleges in Maharashtra offer internships?
Ans. Yes, most low-fee MBA colleges in Maharashtra provide internships, summer training, and industry exposure, especially institutes such as Ness Wadia College of Commerce, Pune, BAMU Aurangabad, MGAHV Wardha, and PDKV Akola, which maintain regular industry interaction.
Ques. Can students get admission to MBA colleges in Maharashtra without an entrance exam?
Ans. Yes, some MBA colleges in Maharashtra offer merit-based admission based on graduation marks, particularly university-affiliated and government colleges such as KKSU Nagpur, MGAHV Wardha, and Santaji Mahavidyalaya, without a mandatory entrance exam.
Ques. What is the typical duration of MBA programs in low-fee colleges in Maharashtra?
Ans. A full-time MBA usually has a duration of 2 years, while 1-year PGDM/MBA programs are also available at select institutes. Part-time, executive, and distance MBA programs typically range from 1 to 2 years, depending on the college and course structure.
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