1.Faculty of Management Studies (FMS)

Address: Malkaganj Marg, University Enclave, New Delhi – 110007

Fees: Rs. 30,480 /-

Exam : CAT

2.Department of Management Studies (DMS), IIT Roorkee

Address: Department of Management Studies, IIT Roorkee, Roorkee, Uttarakhand

Fees: Rs. 60,000/- for General and Rs. 35,000/- for Reserved

Exam: CAT

3.Department of Management Sciences, Pune University (PUMBA)

Address: Department of Management Sciences (PUMBA), University of 
Pune, Ganeshkhind,

Fees:65,000/- for General and Rs. 32,500/- for Reserved candidates

Exam :For Maharashtra candidates, students have to qualify MH-CET exam. For Outside Maharashtra Candidates (OMS), students can apply through CAT/MAT/ATMA/XAT/MH-CET.

4.Jamnalal Bajaj Institute of Management Studies (JBIMS)

Address: HT Parekh Marg, Churchgate, Mumbai – 40

Fees:Rs. 1,00,000/-

Exam : MAH CET / CAT

5.MCT Rajiv Gandhi Institute of Technology

Address: Juhu Versova Road, Behind HDFC Bank Versova, Andheri (West), Mumbai – 400053

One of the best MBA school at lowest cost in India is FMS Delhi whose fees for 2 years MBA course is Rd. 20000. It does not include hostel fees, if you count on living expanse then you can think as to complete MBA in 2-3 Lakhs. FMS offers best ROI as its average package of final placement is around 20 Lakhs.

Then one more best MBA college in India is JBIMS, Mumbai which also works on very low fees around 1-2 lakh and offers a final placement with an average of around 17 Lakhs per annum.

There are many other MBA colleges which offers you to complete MBA course in less fees but are not so good and recognised college, hence their ROI is very low.