Cheapest mba colleges, cheapest management colleges: MBA ie Management of Business Administration is included in the list of the most trending courses in the country. The MBA course is 2 years old and for this it is considered best to take degrees from IIM. But not everyone can bear MBA fees. Therefore, if you want, you can do MBA for less fees from another management college.
The cheapest MBA courses in India are usually available in government institutions and some universities, where fees are less than private colleges. High level placements can also be found in the most affordable MBA course. If you want, you can strengthen your portfolio through full time MBA course through part time skill development course or internship/freelancing. Know where you can do the cheapest MBA course.
MBA degree less than 2 lakhs: Cheapest MBA College
You can get MBA degree from any good management college. There are many specializations in MBA course (MBA college fees in India). You can choose the best according to your need. Know 5 Cheapest Management College for MBA:
1- Faculty of Management Studies (FMS), Delhi University, Delhi
FMS Delhi is one of the most prestigious and affordable MBA institutions in India. The entry is based on the CAT score. FMS is good placement in Delhi (average salary: up to ₹ 34 LPA). Due to low fees, its ROI (return on investment) is very high.
Course: Full -time MBA
Fees: MBA fees in FMS have been stated to be Rs 2 lakh on various websites.
2- Department of Management Sciences (Pumba), Pune University, Pune
Pumba is a government institution. The entry into it is based on marks like CAT, XAT, MAT, CET, ATMA, MAH CET. It provides cheap education with good placement (average salary: ₹ 8.10 LPA).
Course: MBA
Fees: About 1.3 lakh -1.5 lakh rupees (for total course)
3- Delhi School of Economics (DSE), University of Delhi, Delhi
DSE provides high quality MBA education at low fees. To do MBA from Delhi School of Economics, you will need CAT score and 10th/12th result. It is particularly popular for HR and IB expertise.
Course: MBA (Human Resource Management and International Trade)
Fee: About Rs 1,07,960
4- University Business School (UBS), Punjab University, Chandigarh
Many specialized MBA courses are available in UBS. Admission in University Business School Chandigarh is also based on CAT score. Its fees are low and placement is good. UBS Chandigarh fees vary for different MBA courses.
Course: MBA
Fees: The average fee mentioned on the website is Rs 4 lakh.
5- Tata Institute of Social Sciences (TISS), Mumbai
The entry into the MBA program at the Tata Institute of Social Sciences is based on the CUET PG score. This institute is particularly popular for HR management. Its average placement package in 2023 was Rs 27.22 lakh per year.
Syllabus: MBA (Human Resource Management and other expertise)
Fees: About 1.85 lakh rupees (for total course)
Useful information
admission process: For admission to all these institutions, good score is necessary in CAT, CUET PG, MAH CET or other national/state level entrance examinations.
Placement: Most of these institutions provide good placements despite low fees, which makes their ROI very good.
Additional Cost: The fee may only include tuition fees; Hostels, restaurants and other fees may be applicable separately.
