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Low Fees MBA Colleges in India 2026: Fees, Placements, ROI and Top Colleges
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Pursuing an MBA does not always require spending lakhs of money. Several low fee MBA colleges in India offer quality management education at an affordable cost, which makes them an attractive option for students seeking better MBA ROI for MBA admission 2027. Looking at the trends of the past years, JMI, DFS DU , FMS Delhi, IIT Dhanbad, FMS BHU are some of the low fees MBA colleges in India. The MBA Fees 2026 for these MBA colleges ranges between 50 thousand to 9 lakhs for the 2 years courses. These low fees MBA college institutes provide MBA and PGDM programmes with comparatively lower fees while offering opportunities for placements, internships and industry exposure. A low-cost MBA with strong placement opportunities puts less financial burden on the students while providing viable financial support, significantly reducing the financial burden while providing valuable career opportunities in management.
Low Fee MBA Colleges 2026 : An Highlights
While day by day getting an MBA is becoming an expensive course some of the MBA Colleges India provide MBA with Low Fees. Here is the complete list of the low Fee MBA Colleges in India along with their Fees and the Median salaries.
Low Fees MBA Colleges | MBA Fees (Rs.) | Median Salary (Rs.) |
Jamia Milia Islamia | 53, 750 | 16.00 LPA (2023-2025) |
Department of Financial Studies, DU | 97,000 | 14.46 LPA (2023-2025) |
BHU Institute of Management Studies | 99,288 | 9.20 LPA (2023-2025) |
FMS, DU | 2.43,272 | 30.0 LPA (2023-2025) |
IIT Dhanbad | 4,63,500/- (UR/OBC/EWS) (Total Fee Including Mess Charges) | 10.19 LPA (2023-2025) |
TISS Mumbai | Between | 28.0 LPA (2024-2026) |
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Low Fees MBA Colleges : Jamia Milia Islamia Placement
JMI which is one of the low Fees MBA Colleges, with an MBA Fees of around Rs. 53,750 has witnessed the median salary increase from Rs. 10.20 LPA in 2021-22 to Rs. 16 LPA in next three years. The Jamia Millia Islamia placement table highlights a consistent improvement in the institute's median salary over the three-year period. The median CTC increased from indicating strong growth in JMI placement outcomes. The number of students placed remained high, with 60 students placed in 2021-22, 97 in 2022-23 and 94 in 2023-24. The data also shows that all eligible students recorded a JMI 100% placement percentage.
Category | 2021-22 | 2022-23 | 2023-24 |
Admitted | 63 | 103 | 105 |
Graduated | 63 | 103 | 105 |
Placed | 60 | 97 | 94 |
Opt for HS | 3 | 6 | 11 |
Placement % | 100.00% | 100.00% | 100.00% |
Median CTC | 10.20 L | 12.60 L | 16.00 L |
Low Fees MBA Colleges : JAMIA Milia Islamia Overview
Established in 1920, JMI is a central university which has 209 students and 26 faculty members. This number provides a relatively compact academic environment and a formidable student-teacher ratio. The student profile also shows a balanced gender representation, with females accounting for 51.67% of the total students. A significant proportion of students, around 78%, are from outside the state, highlighting the institute's national appeal. With its government status and affordable fee structure, JMI remains an important option among low fee MBA colleges in India.
Field | Detail |
Estd Year | 1920 |
Institute Type | Central University |
Ownership | Government |
Total Students | 209 |
Total Male | 101 (48.33%) |
Total Female | 108 (51.67%) |
Outside State | 163 (77.99%) |
Total Faculty | 26 |
Total Fee | Rs 53, 750 |
MBA Colleges with Low Fees: DFS Placement in last three years
Department of Financial Studies (DFS) known for their studies in the finance and management have witnessed their median salary increased to 14.46 LPA (2023-25) from 13 LPA in 2022-2024 which against raised 15.25 in 2024-26.
DFS Placement | DFS DU Placement 2026 (Rs.) | DFS DU Placement 2025 (Rs.) | DFS DU Placement 2024 (Rs.) |
DFS Highest Package | 28.30 LPA | 32.0 LPA | 28 LPA |
DFS Average Package | 15.5 LPA | 19.12 LPA | 15.1 LPA |
DFS Median CTC | 15.25 LPA | 14.46 LPA | 13 LPA |
DFS Top 10 % Salary | 20.6 LPA | - | - |
DFS Top 25 % CTC | 19.3 LPA | - | 20.75 LPA |
DFS DU top 50% CTC | 16.97 LPA | - | - |
Department of Financial Studies: Overview
Established in 1987, the Department of Financial Studies a government MBA Colleges in India is and a constituent college of the University of Delhi and is government-owned. The institute has a relatively small faculty strength of seven members, while the student profile consists of approximately 81% male and 19% female students. The annual DFS MBA Finance fee for general-category students is listed at Rs. 48,500 which makes this one of the low Fees MBA Colleges in India.
Field | Detail |
Estd Year | 1987 |
Institute Type | Constituent College |
Ownership | Government |
Total Female % | 19% |
Total Male % | 81% |
Total Faculty | 7 |
Annual Fee MBA (Finance) - General | Rs. 48,500/- |
Annual Fee MBA (Finance) - PWD | Rs. 12,125 |
Low Fees MBA Colleges: BHU FMS Placements
The BHU Institute of Management Studies placement data shows that the institute has maintained a high placement rate over the past three years.The placement percentage was 100% in 2021-22 and 2022-23 before declining to 94.51% in 2023-24. The median CTC increased from Rs. 11.80 LPA to Rs. 12.10 LPA before falling to Rs. 9.20 LPA in 2023-24. Its affordable fee continues to make BHU a notable option for MBA aspirants.
Category | 2021-22 | 2022-23 | 2023-24 |
Admitted | 179 | 180 | 185 |
Graduated | 175 | 180 | 185 |
Placed | 174 | 178 | 172 |
Opt for Higher Studies | 1 | 2 | 3 |
Placement % | 100.0% | 100.0% | 94.51% |
Median CTC | 11.80 L | 12.10 L | 9.20 L |
BHU, Institute of Management Studies
Established in 1968, the institute is a government-owned constituent college of Banaras Hindu University. It has 383 students and 29 faculty members. The student profile consists of 67.89% male and 32.11% female students, while nearly 59% of students come from outside the state. The total fee mentioned in the table is Rs. 99,288, making the programme significantly more affordable than many private MBA programmes.
Field | Detail |
Estd Year | 1968 |
Institute Type | Constituent College |
Ownership | Government |
Total Students | 383 |
Total Male | 260 (67.89%) |
Total Female | 123 (32.11%) |
Outside State | 227 (59.27%) |
Total Faculty | 29 |
Total Fee | Rs 99,288 |
MBA Colleges with Low Fees : FMS Placement
FMS Placement | FMS 2026 Placement (Rs.) | FMS Placement | FMS Placement |
FMS Highest Package | 110 LPA | 101 LPA | 100 LPA |
FMS Average Package | 32.27 LPA | 30.01 LPA | 29.2 LPA |
FMS Median CTC | 29.59 LPA | 30.0 LPA | 29.0 LPA |
FMS, DU: An Overview
Field | Detail |
Estd Year | 1954 |
Institute Type | Constituent College |
Ownership | Government |
Campus Size | 7 acres |
Faculty - Student Ratio | 1:15 |
Total Faculty | 39 |
Total Program Fee (2 Years) | ₹2,43,272 |
MBA Colleges with Low Fees IIT Dhanbad Placement
The IIT Dhanbad MBA Median CTC was Rs. 11.30 LPA, Rs. 9.55 LPA and Rs. 10.19 LPA, respectively. With comparatively affordable fees, IIT Dhanbad can be considered by aspirants seeking a balance between MBA cost and placement opportunities.
Category | 2021-22 | 2022-23 | 2023-24 |
Admitted | 75 | 76 | 72 |
Graduated | 68 | 72 | 61 |
Placed | 60 | 59 | 54 |
Opt for HS | 0 | 13 | 2 |
Placement % | 88.24% | 100.00% | 91.53% |
Median CTC | 11.30 L | 9.55 L | 10.19 L |
IIT Dhanbad MBA: Fees, Placement and ROI
Field | Detail |
Estd Year | 1926 |
Institute Type | INIs |
Ownership | Government |
Total Students | 144 |
Total Male | 97 (67.36%) |
Total Female | 47 (32.64%) |
Outside State | 129 (89.58%) |
Total Faculty | 23 |
Total Fee (incl. Mess) - UR/OBC/EWS | Rs. 4,63,500 |
Total Fee (incl. Mess) - SC/ST/PwD | Rs. 1,63,500 |
MBA Colleges with Low Fees : TISS Placements (Batch 2024–26)
The TISS Mumbai placement table highlights the strong salary outcomes reported for the 2024-26 batch. The highest CTC stood at Rs. 66 lakh, while the median CTC was Rs. 28 lakh. The average CTC was also competitive at Rs. 28.69 lakh.
Placement Metric | Detail |
Highest CTC | INR 66,00,000 LPA |
Median CTC | INR 28,00,000 LPA |
Average CTC | INR 28,69,000 LPA |
Tata Institute of Social Sciences, Mumbai
Field | Detail |
Estd Year | 1968 |
Institute Type | Deemed to be University |
Ownership | Private |
Courses Offered
Course | Fee Range |
|---|---|
MA in Human Resources Management & Labour Relations | ₹1.85 L – ₹2.03 L |
MA in Organisation Development, Change and Leadership | ₹7.48 L – ₹9.33 L |
Master of Hospital Administration | ₹2.50 L – ₹4.00 L |
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