Content Strategist | Updated On - Oct 30, 2026
Sri Sathya Sai Institute of Higher Learning, Anantapur, has the lowest listed MBA fee in India at just INR 100 in 2026. However, many colleges with very low fees do not publish comparable placement data. Among affordable management institutes with reported placements, TISS Mumbai lists fees of INR 2.04 lakh and an average package of INR 28.69 LPA for its MA in HRM and Labour Relations.
FMS Delhi offers a full-time MBA at approximately INR 2.60 lakh, with an average package of INR 32.27 LPA. The comparison covers government, private, online, executive and specialised management programmes.
Cheapest MBA Colleges in India 2026: Key Points
• Best Return on Fees: TISS Mumbai – 1406.37% (Fees: INR 2.04 lakh).
• Lowest Listed Fee: SSSIHL Anantapur – INR 100 (tuition-free institute).
• Check Complete Fees: Some fees below INR 10,000 may be for one semester or year only.
• Check Placements: Many low-fee colleges do not publish placement packages.
Cheapest MBA Colleges in India Worth Doing 2026
TISS Mumbai and FMS Delhi are among the affordable management institutes with strong reported placement figures. The table compares 12 colleges based on fees, placement packages, return on fees and NIRF rankings.
| College | Programme | Total Fees | Average/Median Package | Highest Package | Return on Fees | NIRF 2025 |
|---|---|---|---|---|---|---|
| TISS Mumbai | MA (HRM & LR) | 2.04 Lakh | 28.69 LPA (average, college website) | 66.00 LPA | 1406.37% | Not ranked |
| FMS Delhi | MBA (Full Time) | 2.60 Lakh | 29.59 LPA median / 32.27 LPA average (college website) | 1.10 CPA | 1138.08% | Not ranked |
| NALSAR Hyderabad | MBA | 8.54 Lakh | 8.00 LPA (median, NIRF 2026) | 15.00 LPA | 93.68% | Not ranked |
| MANAGE Hyderabad | PGDM (ABM) | 9.75 Lakh | 12.38 LPA (average, college website) | 21.00 LPA | 126.97% | 95 |
| Christ University (SBM) | MBA | 11.40 Lakh | 9.75 LPA (median, NIRF 2026) | 37.80 LPA | 85.56% | 57 |
| DMS Delhi (IIT Delhi) | MBA | 12.00 Lakh | 22.51 LPA (median, NIRF 2026) | 43.55 LPA | 187.57% | 4 as IIT Delhi |
| NICMAR University | MBA (Advanced Construction Mgmt) | 13.60 Lakh | 8.72 LPA median / 9.67 LPA average (college website) | 27.97 LPA | 64.12% | Not ranked |
| SJMSOM Mumbai | MBA | 15.56 Lakh | 28.16 LPA (average, college website) | 53.80 LPA | 180.98% | 14 as IIT Bombay |
| IBS Hyderabad | MBA | 17.01 Lakh | 9.00 LPA (median, NIRF 2026) | 21.00 LPA | 52.91% | 46 |
| JAGSoM Bangalore | PGDM | 17.50 Lakh | 10.00 LPA (median, college website) | 26.00 LPA | 57.14% | Not ranked |
| NIBM Pune | PGDM (B&FS) | 17.84 Lakh | 15.00 LPA (median, NIRF 2026) | 26.60 LPA | 84.08% | Band 101-125 |
| IIM Rohtak | PGP | 17.90 Lakh | 20.03 LPA (average, college website) | 37.10 LPA | 111.90% | 19 |
Bottom line: TISS Mumbai records the highest return-on-fees ratio at 1406.37%, followed by FMS Delhi at 1138.08%. FMS Delhi reports the highest average package among the listed institutes at INR 32.27 LPA, while its highest package reaches INR 1.10 crore.
Lowest Fee MBA Colleges in India 2026
Sri Sathya Sai Institute of Higher Learning, Anantapur, has the lowest listed MBA fee at INR 100. Several government colleges also list management course fees below INR 10,000. The table compares the 12 cheapest entries.
| College | Programme | Type | Listed Total Fees |
|---|---|---|---|
| SSSIHL Anantapur | MBA | Private | 0.10 K |
| Government Arts College, Salem | MBA | Government | 1.80 K |
| SMGACW Madurai | MBA | Government | 2.15 K |
| KSKVKU Kachchh | MBA | Government | 3.21 K |
| DDEBRABU Muzaffarpur | MBA | Government | 4.90 K |
| Patliputra University, Patna | MBA | Government | 5.12 K |
| Ranchi University | MBA | Government | 5.55 K |
| MGAC Vellore | MBA | Government | 6.15 K |
| Multanimal Modi College, Modinagar | MBA | Private | 7.40 K |
| Malwa College, Bathinda | MBA | Private | 7.40 K |
| Chikkanna Govt Arts College, Tiruppur | MBA | Government | 8.04 K |
| Vanijya Mahavidhyalaya, Patna | MBA | Government | 8.10 K |
Bottom line: Government Arts College, Salem, lists fees of INR 1,800, followed by Sri Meenakshi Government Arts College for Women, Madurai, at INR 2,150. Most colleges in the table do not publish comparable placement data, and some listed fees may represent only partial charges.
Cheapest Government MBA Colleges in India
India has 656 government colleges offering two-year MBA or PGDM programmes according to the article's listing. Government Arts College, Salem, has the lowest listed fee at INR 1,800. The table highlights eight low-cost government institutions.
| College | Programme | Listed Total Fees |
|---|---|---|
| Government Arts College, Salem | MBA | 1.80 K |
| SMGACW Madurai | MBA | 2.15 K |
| KSKVKU Kachchh | MBA Information Technology | 3.21 K |
| University of Jammu | MBM | 3.48 K |
| MCBV Chhatarpur | M.C.M | 3.80 K |
| DDEBRABU Muzaffarpur | M.P.M Personnel Mgmt and Industrial Relations | 4.90 K |
| Jai Narain Vyas University, Jodhpur | MATA Tourism Administration | 5.00 K |
| Shivaji University, Kolhapur | PG Program Banking and Finance | 5.07 K |
Cheapest Private MBA Colleges in India
The article lists 3,939 private colleges offering two-year MBA or PGDM programmes. Sri Sathya Sai Institute of Higher Learning has the lowest listed MBA fee at INR 100, while other institutions offer low-cost management diplomas and specialised programmes.
| College | Programme | Listed Total Fees |
|---|---|---|
| SSSIHL Anantapur | MBA | 0.10 K |
| GGDSD Chandigarh | PG Diploma Marketing Management | 2.00 K |
| CMS College of Science and Commerce, Coimbatore | MIB | 2.55 K |
| Annamalai University, Faculty of Engineering and Technology | PGDM Healthcare Analytics | 6.31 K |
| Barnagar College, Sorbhog | PG Program Banking and Finance | 7.00 K |
| Khalsa of Technology and Business Studies, Mohali | MBA Finance | 7.40 K |
| Multanimal Modi College, Modinagar | MBA | 7.40 K |
| Malwa College, Bathinda | MBA | 7.40 K |
| Rajagiri College of Social Sciences, Kochi | MA in HRM | 8.94 K |
| Techno Global University, Vidisha | PG Diploma Export Management | 9.00 K |
Cheapest Online MBA Colleges in India
The cheapest listed online and distance-mode management programmes start at INR 16,200. B K School of Business Management, Ahmedabad, has the lowest fee, followed by MPBOU Bhopal and WeSchool Mumbai.
| College | Programme | Listed Total Fees |
|---|---|---|
| B K School of Business Management, Ahmedabad | PGDM International Business | 16.20 K |
| MPBOU Bhopal | MBA | 18.00 K |
| WeSchool Mumbai | PG Program Operations Management | 18.88 K |
| Welingkar Online, Mumbai | PGP Business Management | 18.88 K |
| Sri Venkateswara University DDE, Tirupati | MBA | 22.00 K |
| MAHER University IDE, Chennai | MBA | 24.00 K |
| Sri Krishnadevaraya University CDE, Anantapur | MBA | 24.00 K |
| TNOU Chennai | MBA Finance | 25.90 K |
| XIBMS Bangalore | MBA | 25.90 K |
| BUCDE Tiruchirappalli | MBA | 27.00 K |
Bottom line: MPBOU Bhopal lists its MBA at INR 18,000, while WeSchool Mumbai offers an eleven-month management programme at INR 18,880. WeSchool does not publish separate placement figures for this online programme.
Cheapest Executive MBA Colleges in India
Executive management programmes in India have listed fees starting from INR 19,800. Synergy Institute of Management, Pune, has the lowest fee, followed by KSBM Mumbai at INR 21,000.
| College | Programme | Listed Total Fees |
|---|---|---|
| Synergy Institute of Management, Pune | MBA Executive | 19.80 K |
| KSBM Mumbai | EMBA | 21.00 K |
| IIPM Lucknow | Executive MBA | 22.55 K |
| IICT Lucknow | Executive MBA | 22.55 K |
| BCCM Jamnagar | Diploma International Trade | 23.60 K |
| Bhavan's PGEMP Bangalore | Executive Finance | 30.00 K |
| Himalayan University, Itanagar | Executive MBA | 30.00 K |
| IIMTC New Delhi | Executive MBA | 30.00 K |
| XIBMS Bangalore | EMBA | 30.90 K |
| ISMS Mumbai | Executive MBA | 34.90 K |
Cheapest One-Year Management Programmes
The article identifies 76 colleges offering one-year management qualifications. These include postgraduate diplomas, specialised management programmes and lateral-entry MBA options. The table compares their listed fees.
| College | Programme | Listed Total Fees |
|---|---|---|
| MKUDDE Madurai | PGDM | 6.00 K |
| Bharathiar University, Coimbatore | PGDM Sales Management | 10.40 K |
| Swami Dayananda College, Thiruvarur | PG Diploma Yoga and Stress Management | 15.00 K |
| Bir Tikendrajit University, Imphal | PG Diploma Hospitality Management | 20.00 K |
| Dyal Singh PG College, Karnal | PG Diploma Hospitality Management | 21.00 K |
| Admerit College, Patna | MBA (Lateral) | 23.60 K |
| BPSMV Sonepat | MBA (Lateral) | 25.00 K |
| Gondwana University, Gadchiroli | MBA (Lateral) | 26.00 K |
| IIFM Guwahati | MBA (Lateral) | 26.00 K |
| ISBM Kolkata | PGDM | 29.90 K |
Bottom line: MKUDDE Madurai has the lowest listed fee at INR 6,000, followed by Bharathiar University at INR 10,400 for its PGDM in Sales Management. These one-year qualifications should not be treated as equivalent to a regular two-year MBA.
Cheapest MBA Colleges by Specialisation
Finance, Marketing and Human Resource Management are the three largest MBA specialisations in the article's database. Their lowest listed fees start at INR 3,210 for Finance and HRM and INR 7,400 for Marketing.
MBA Finance
| College | Listed Total Fees |
|---|---|
| KSKVKU Kachchh | 3.21 K |
| Ranchi University | 5.55 K |
| Khalsa of Technology and Business Studies, Mohali | 7.40 K |
| Mahatma Gandhi University, Kottayam | 20.00 K |
| Dravidian University DDE, Kuppam | 23.40 K |
MBA Marketing
| College | Listed Total Fees |
|---|---|
| Khalsa of Technology and Business Studies, Mohali | 7.40 K |
| Mahatma Gandhi University, Kottayam | 20.00 K |
| Annai Vailankanni Arts and Science College, Thanjavur | 26.00 K |
| IICT Lucknow | 28.00 K |
| Central University of Haryana, Mahendragarh | 29.92 K |
MBA Human Resource Management
| College | Listed Total Fees |
|---|---|
| KSKVKU Kachchh | 3.21 K |
| Ranchi University | 5.55 K |
| Khalsa of Technology and Business Studies, Mohali | 7.40 K |
| Mahatma Gandhi University, Kottayam | 20.00 K |
Cheapest MBA Colleges in India FAQs
Ques. Which is the cheapest MBA college in India?
Ans. Sri Sathya Sai Institute of Higher Learning, Anantapur, listed at 100 rupees for a two-year MBA. The institute educates students free of cost, so the figure reflects a nominal charge rather than tuition. Government Arts College, Salem at 1.81 K and Sri Meenakshi Government Arts College for Women, Madurai at 2.15 K follow. None of the three publishes placement data.
Ques. Which cheap MBA college gives the best return on fees?
Ans. TISS Mumbai, at 1406.37%. It charges 2.04 Lakh and places at 28.69 LPA. FMS Delhi is close behind at 1138.08%. Both are government or government-aided, which is why their fees sit so far below private B-schools offering similar outcomes.
| College | Total Fees | Average/Median Package | Return on Fees |
|---|---|---|---|
| TISS Mumbai | 2.04 Lakh | 28.69 LPA (average, college website) | 1406.37% |
| FMS Delhi | 2.60 Lakh | 29.59 LPA median / 32.27 LPA average (college website) | 1138.08% |
| DMS Delhi (IIT Delhi) | 12.00 Lakh | 22.51 LPA (median, NIRF 2026) | 187.57% |
| SJMSOM Mumbai | 15.56 Lakh | 28.16 LPA (average, college website) | 180.98% |
| MANAGE Hyderabad | 9.75 Lakh | 12.38 LPA (average, college website) | 126.97% |
| IIM Rohtak | 17.90 Lakh | 20.03 LPA (average, college website) | 111.90% |
Ques. Why do so many cheap MBA colleges show no placement data?
Ans. Because they do not publish it. Not one of the twelve lowest-fee colleges reports a package that a NIRF 2026 filing or its own website supports, and several report no placement information at all. A college that does not disclose outcomes has not necessarily failed to place students, but there is no third-party verification either. Treat the fee as the only confirmed number and ask the college directly for a placement report before applying.
Ranchi University is the clearest illustration. Aggregator listings have shown an average near 4.68 LPA against its 5.55 K fee, but the university’s own NIRF 2026 Management filing reports no students placed out of 214 who graduated, and a median of zero. Its 2023-24 filing had reported 148 placed at a 3.50 LPA median. Where a college files its own data, that filing outranks any listing.
Ques. Are fees under 10,000 rupees really the full two-year cost?
Ans. Often not. Several colleges in the lowest-fee tier publish per-semester or per-year figures, and some listings capture a single line item such as an insurance or registration charge rather than the programme cost. Before relying on any figure below 10 K, confirm it against the college’s own fee structure and check whether hostel, mess and examination charges are separate.
Ques. Is a cheap MBA worth doing?
Ans. It depends entirely on placements, not on fees. TISS Mumbai at 2.04 Lakh places at 28.69 LPA, which is better than most B-schools charging twenty times more. But a college charging 5 K with no published placement record offers no evidence of any return. Low fees are only an advantage when paired with a disclosed outcome.
Ques. Which government MBA colleges are the cheapest?
Ans. 656 government colleges offer a two-year MBA or PGDM. The lowest listed fees are at small regional institutions. Among government colleges that publish a placement record, TISS Mumbai and FMS Delhi offer by far the strongest combination of low fee and high package.
Ques. What is the cheapest online MBA in India?
Ans. B K School of Business Management, Ahmedabad lists a PGDM in International Business at 16.20 K. WeSchool Mumbai follows at 18.88 K for an eleven-month online programme, and is the only NIRF-ranked institute among the cheapest online options. WeSchool publishes no placement figures for its online courses, so any package quoted against them belongs to the full-time campus programme.
Ques. Can I get an MBA admission without an entrance exam?
Ans. Several low-fee colleges admit on graduation marks alone, typically requiring 50 percent in a bachelor's degree. The trade-off is consistent: colleges that do not screen on an entrance exam generally do not publish placement outcomes either. Colleges accepting CAT, CMAT, TANCET or CUET-PG scores tend to be the ones with a disclosed placement record.
Ques. Which specialisation has the cheapest MBA colleges?
Ans. Finance and Human Resource Management, both starting at 3.21 K, followed by Marketing at 7.40 K. Finance is also the largest specialisation in India with 1,374 colleges, ahead of Marketing at 1,268 and HRM at 1,217.
| Specialisation | Colleges in India | Cheapest College | Lowest Fee |
|---|---|---|---|
| Finance | 1,374 | KSKVKU Kachchh | 3.21 K |
| Marketing | 1,268 | Khalsa of Technology and Business Studies, Mohali | 7.40 K |
| Human Resource Management | 1,217 | KSKVKU Kachchh | 3.21 K |
Comments