In recent days, it’s crucial to keep learning and expanding one’s skills. However, the cost of education can be a major obstacle for many individuals. Through this article, we have shared some practical advice and techniques on how to learn without spending a lot of money and still retain the quality of education. From top ROIs to low-cost certification programs, we have covered all available options to help you achieve your learning goals without breaking your bank balance & future earning potential. Whether you’re looking to advance your career or acquire new knowledge, read on to find out how you can learn with quality but at a low cost.
MBA courses have gained immense popularity in India, thanks to the country’s reputation and the nation’s recovery from the recession. Many students are choosing to enrol in MBA programs due to the inclusion of MBA courses in the curriculum of various Indian universities. However, the degree comes with a huge financial commitment, making it unattainable to many with limited financial resources.
This article lists the top and cheapest MBA colleges in India with the best return on investment, so you don’t have to settle between quality & quantity offered!
1. Faculty of Management Studies, Delhi, Delhi – Fees – 1.92 Lakhs
|
College | Established |
FMS, Delhi | 1954 |
|
Top Accreditation |
NAAC |
|
Courses Offered |
|
|
Fees |
1.92 Lakhs |
|
Highest CTC |
58 LPA |
|
Average CTC |
32.4 LPA |
|
Top Recruiters |
HDFC Bank, Jubilant, ITC, InfoEdge IBM, Accenture, KPMG |
|
Exams Accepted |
CAT |
2. Tata Institute of Social Sciences (TISS)- Fees- 1.89 Lakhs
|
College | Established |
TISS | 1936 |
|
Top Accreditation |
NAAC |
|
Courses Offered |
Masters of Administration (HR & LR) |
|
Fees |
1.89 Lakhs |
|
Highest CTC |
42.09 LPA |
|
Average CTC |
23.97 LPA |
|
Top Recruiters |
Accenture, Deloitte India, Infosys Consulting, Flipkart, Citi, Aditya Birla |
|
Exams Accepted |
TISSNET |
3. Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai– Fees- 6 Lakhs
|
College | Established |
JBIMS | 1965 |
|
Top Accreditation |
UGC Approved by AICTE |
|
Courses Offered |
|
|
Fees |
6 Lakhs |
|
Highest CTC |
42 LPA |
|
Average CTC |
27.63 LPA |
|
Top Recruiters |
Deloitte, Marico, Adani |
|
Exams Accepted |
MAHCET, CMAT, CAT and GMAT |
4. IISC, Bangalore (Department of Management Studies)- Fees- 5.18 Lakhs
|
College | Established |
JBIMS | 1965 |
|
Top Accreditation |
NAAC |
|
Courses Offered |
Masters in Management (Business Analytics) |
|
Fees |
5.18 Lakhs |
|
Highest CTC |
39.5 LPA |
|
Average CTC |
26.8 LPA |
|
Top Recruiters |
Goldman Sachs, JP Morgan Chase, Google, Microsoft, Amazon |
|
Exams Accepted |
CAT ,GMAT and GATE |
5. Shri College of Commerce (Global Business Operations)- Fees- 3.2 Lakhs
|
College | Established |
SRCC GBO | 1926 |
|
Courses Offered |
Global Business Operations (GBO) |
|
Fees |
3.2 Lakhs |
|
Highest CTC |
21.32LPA |
|
Average CTC |
10.61 LPA |
|
Top Recruiters |
Zomato, Snapdeal, HDFC Bank |
|
Exams Accepted |
SRCC GBO |
6. Delhi School of Economics- Fees- 38 K
|
College | Established |
DSE| 1967 |
|
Top Accreditation |
University of Delhi |
|
Courses Offered |
|
|
Fees |
38 Thousand |
|
Highest CTC |
32 LPA |
|
Average CTC |
13.96 LPA |
|
Top Recruiters |
Amazon, APB, Citi, Axis Bank, Genpact |
|
Exams Accepted |
CAT, XAT, MAT, GMAT |
7. Department of Financial Studies- Fees 38K
|
College | Established |
DFS| 1967 |
|
Top Accreditation |
University of Delhi |
|
Courses Offered |
|
|
Fees |
38 Thousand |
|
Highest CTC |
20 LPA |
|
Average CTC |
10 LPA |
|
Top Recruiters |
DE Shaw, Arcesium, American Express, Barclays |
|
Exams Accepted |
CAT |
8. Department of Business Economics- Fees- 38K
|
College | Established |
DBE| 1973 |
|
Top Accreditation |
University of Delhi |
|
Courses Offered |
MBA (Business Economics) |
|
Fees |
38 Thousand |
|
Highest CTC |
21 LPA |
|
Average CTC |
11 LPA |
|
Top Recruiters |
Accenture, HCL, BYJUs, Birla, Infosys, Nielsen, HDFC |
|
Exams Accepted |
CAT |
9. Sydenham Institute of Management Studies, Research, and Entrepreneurship Education (SIMSREE)- Fees- 1.4 Lakhs
|
College | Established |
SIMSREE | 1983 |
|
Top Accreditation |
AICTE |
|
Courses Offered |
|
|
Fees |
1.4 Lakhs |
|
Highest CTC |
23.50 LPA |
|
Average CTC |
13.33 LPA |
|
Top Recruiters |
Axis Bank, Capgemini, Crisil, DE Shaw, EY |
|
Exams Accepted |
MAT, XAT, CAT, CMAT, ATMA, MHT CET, GMAT |
10. PUMBA- Fees- 1.4 Lakhs
|
College | Established |
PUMBA (DMS) | 1971 |
|
Top Accreditation |
NAAC |
|
Courses Offered |
|
|
Fees |
1.4 Lakhs |
|
Highest CTC |
15.3 LPA |
|
Average CTC |
8 LPA |
|
Top Recruiters |
HDFC Bank, TATA AIG, MRF, Vodafone |
|
Exams Accepted |
MAT, XAT, CAT, CMAT, ATMA, MHT CET |
When choosing an MBA program on a budget, focus on the ROI, program quality, accreditation, location, entrance exams accepted, placement statistics, and flexibility. Research the curriculum, faculty, and placement statistics. Compare the cost with the average salary of graduates. Look into the location and its impact on job prospects after graduation. Consider the flexibility of the program and if it allows you to continue working while studying. Choose a program that best suits your needs & not the one preferred by the common all. Consider the listed options before making your decision.
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