Great Lakes Institute of Management, Chennai
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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
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 |
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 |
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 |
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 |
19.50 Lakhs | 2026-28 | |
National Insurance Academy, Pune | 14.00 Lakhs | 2026-28 |
International Management Institute, Kolkata | 14.98 Lakhs | 2026-28 |
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 |
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 |
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.
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 |
12 Lakh (tuition fee) | 2025-27 | |
12.94 Lakhs | 2025-27 | |
12.27 Lakhs | 2026-28 | |
15.55 Lakhs | 2026-28 | |
9.74 Lakhs | 2025-27 | |
9.31 Lakhs (hostel) | 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.
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 |
22.80 Lakhs | 2026-28 | |
21.51 Lakhs | 2026-28 | |
IIM Amritsar MBA | 21.50 Lakhs | 2026-28 |
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 |
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)
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.
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.
MBA costs vary across IITs. Compare the programme fee, accommodation costs and other charges using the latest official institute information.
FMS Delhi and selected public institutions are worth comparing for their published fee structures. Evaluate eligibility, programme duration, curriculum and placements alongside cost.
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.
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.
On Question asked by student community
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