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    MBA Fees 2027 in India: IIMs, IITs and Top MBA Colleges
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    • MBA Fees 2027 in India: IIMs, IITs and Top MBA Colleges

    MBA Fees 2027 in India: IIMs, IITs and Top MBA Colleges

    #MBA
    Gursimran KaurUpdated on 16 Oct 2026, 12:00 PM IST

    MBA Fees 2027 In India - Aiming for an MBA in 2027? Choosing a MBA college in 2027 involves more than checking its ranking or placement record. The MBA 2027 fees for the program is among the key factors for MBA aspirants while deciding their dream MBA colleges in India. While institutes such as IIMs, MICA, MDI Gurgaon and XIM University have relatively high MBA 2027 fees, FMS Delhi, IIT Dhanbad, TISS Mumbai and other institutes are offering MBA programmes at considerably lower costs. This article covers the MBA fees for 2027 at top non-IIM colleges, IITs in India, helping aspirants compare the expense of an MBA and identify management institutes that fit their budgets.
    LATEST: MBA 2027-29 Admissions Open | MBA Application form 2027-29

    MBA Fees 2027 in India: IIMs, IITs and Top MBA Colleges
    MBA Fees 2027 in India: IIMs, IITs and Top MBA Colleges

    MBA 2027 Fee for Top Non-IIMs

    Among the top non-IIM MBA colleges in India, MICA Ahmedabad has the highest listed fee at Rs. 29.50 lakh, followed by MDI Gurgaon at Rs. 26.55 lakh and XIM University at Rs. 25.40 lakh. While some MBA colleges charge more than 25 Lakhs for MBA, other colleges like FMS, OP Jindal, and TISS are offering MBA 2027 programs at very low fees. The below table highlights that candidates have many options across different fee budgets.

    Top CAT MBA Colleges

    Total Fee (In Rs.)

    Fee for MBA session

    SPJIMR, Mumbai

    22.66 Lakhs

    2026-28

    Indian Institute of Foreign Trade, Delhi

    21.82 Lakhs - IB

    17.87 Lakhs - BA

    2025-27

    Management Development Institute, Gurgaon (MDI)

    26.55 Lakhs

    2026-28

    FMS Delhi

    2.43 Lakhs

    2026-28

    MICA, Ahmedabad

    29.50 Lakhs

    2025-27

    Xavier Institute of Management, XIM University, Bhubaneswar

    25.40 Lakhs

    2026-28

    FORE School of Management, Delhi

    23.24 Lakhs

    2026-28

    Institute of Management Technology Ghaziabad

    23 Lakhs

    2026-28

    International Management Institute, Delhi

    23.54 Lakhs

    2026-28

    Institute of Rural Management, Anand

    -

    -

    National Institute of Bank Management, Pune

    18.04 Lakhs

    2026-28

    Goa Institute of Management, Goa

    21.45 Lakhs

    2026-28

    Great Lakes Institute of Management, Chennai

    23.50 Lakhs

    2026-28

    Madan Mohan Malaviya University of Technology, Gorakhpur

    2.37 Lakhs

    2026-28

    T A Pai Management Institute, Manipal

    19.50 Lakhs

    2026-28

    National Insurance Academy, Pune

    14.00 Lakhs

    2026-28

    International Management Institute, Kolkata

    14.98 Lakhs

    2026-28

    International Management Institute, Bhubaneswar

    14.98 Lakhs (tuition fee)

    2026-28

    Prin LN Welingkar Institute of Management Development and Research, Bangalore

    15.00 Lakhs (tuition fee)

    2026-28

    K J Somaiya Institute of Management, Mumbai

    23.87 Lakhs

    2026-28

    Institute of Management Technology, Nagpur

    16.00 Lakhs

    2026-28

    Great Lakes Institute of Management, Gurgaon

    19.82 Lakhs

    2026-28

    OP Jindal University, Raigarh

    4.8 Lakhs

    2026-28

    Loyola Institute of Business Administration, Chennai

    18.89 Lakhs

    2024-26

    Management Development Institute, Murshidabad

    16.45 Lakhs

    2026-28

    Birla Institute of Management Technology, Greater Noida

    14 Lakhs

    2026-28

    ISB Hyderabad

    26.69 Lakhs (PGP YL)

    2027-29

    TISS Mumbai

    2.03 Lakhs

    -

    BIM Trichy

    18.70 Lakhs

    2026-28

    SDA Bocconi

    20.75 Lakhs (IMB)

    2026-28

    *The MBA Fee details are as per the latest fee data available at the respective official websites.

    IIT MBA Fees 2027-29

    IITs have emerged as prominent institutes to pursue an MBA from. The MBA fee at IITs ranges from approximately Rs. 4 lakhs to 15.15 Lakhs. IIT Bombay has the highest programme fee at Rs. 15.55 Lakhs. Candidates aiming for MBA admission at IITs must take a look at the fee table below.

    MBA at IITs

    Latest IIT MBA Fee (In Rs.)

    MBA Fee Session

    IIT Delhi

    12 Lakh (tuition fee)

    2025-27

    IIT Kharagpur

    12.94 Lakhs

    2025-27

    IIT Madras

    12.27 Lakhs

    2026-28

    IIT Bombay

    15.55 Lakhs

    2026-28

    IIT Roorkee

    9.74 Lakhs

    2025-27

    IIT Kanpur

    9.31 Lakhs (hostel)
    8.24 Lakhs (day scholar)

    2025-27

    IIT (ISM) Dhanbad

    3.85 Lakhs (General)

    2026-28

    IIT Jodhpur

    9.00 Lakhs

    2026-28

    *The MBA Fee details are as per the latest fee data available at the respective official websites.

    MBA Fees for IIMs in 2027

    IIMS are among the leading management institutes, where every candidate wishes to study. Knowing the MBA fee at IIMs for the 2027 admission will be helpful for the candidates in shortlisting colleges based on their budgets. The table below provides the latest expected fees for the MBA across IIMs for the 2027-29 admission cycle.

    IIMs

    IIM MBA Fee (In Rs.)

    MBA Fee Session

    IIM Ahmedabad MBA

    27.5 Lakhs

    2025-27

    IIM Shillong PGP

    26.18 Lakhs

    2024-26

    IIM Bangalore PGP

    26.0 Lakhs

    2024-26

    IIM Indore PGP

    25.15 Lakhs

    2026-28

    IIM Calcutta MBA

    25.0 Lakhs

    2023-25

    IIM Mumbai MBA

    25.0 Lakhs

    2026-28

    IIM Vizag PGP

    23.58 Lakhs

    2026-28

    IIM Kozhikode PGP

    23.50 Lakhs

    2026-28

    IIM Jammu

    22.80 Lakhs

    2026-28

    IIM Udaipur

    21.51 Lakhs

    2026-28

    IIM Amritsar MBA

    21.50 Lakhs

    2026-28

    IIM Trichy

    21.24 Lakhs

    2026-28

    IIM Sambalpur MBA

    21.13 Lakhs

    2026-28

    IIM Nagpur PGP

    21.0 Lakhs

    2026-28

    IIM Sirmaur MBA

    21.0 Lakhs

    2026-28

    IIM Kashipur

    20.80 Lakhs

    2026-28

    IIM Lucknow PGP

    20.75 Lakhs

    2026-28

    IIM Raipur MBA

    20.08 Lakhs

    2026-28

    IIM Ranchi MBA

    19.20 Lakhs

    2026-28

    IIM Bodh Gaya MBA

    17.96 Lakhs

    2026-28

    IIM Rohtak PGP

    17.90 Lakhs

    2026-28

    IIM Guwahati MBA

    18.00 Lakhs

    2026-28

    *The MBA Fee details are as per the latest fee data available at the respective official websites.

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    Frequently Asked Questions (FAQs)

    Q: What are the MBA fees in India for 2027?
    A:

    MBA fees vary by institute, programme and the facilities included. Compare the latest official fee structure of each college, and check whether the published amount covers tuition, hostel, mess and other compulsory charges.

    Q: Which IIM has the lowest MBA fees?
    A:

    The answer depends on the programme and admission batch. Compare the latest published fee structures of the IIMs, including compulsory charges, before identifying the lowest-cost option.

    Q: Which IIT has the lowest MBA fees?
    A:

    MBA costs vary across IITs. Compare the programme fee, accommodation costs and other charges using the latest official institute information.

    Q: Which MBA colleges in India offer programmes at low fees?
    A:

    FMS Delhi and selected public institutions are worth comparing for their published fee structures. Evaluate eligibility, programme duration, curriculum and placements alongside cost.

    Q: Do MBA fees include hostel and mess charges?
    A:

    Not always. Some institutes publish a combined programme cost, while others list tuition, accommodation, mess and deposits separately. Check the official fee breakdown before estimating your total expenditure.

    Q: Are MBA fees for the 2027–29 batch confirmed?
    A:

    Fees are announced separately by individual institutes. Unless a college has published its official 2027–29 fee structure, use its latest available fee information as a reference rather than a confirmed future amount.

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