Master of Business Administration or MBA is one of the most popular post-graduate programmes in India and abroad. The two-year programme is a gateway to a plethora of job opportunities in the corporate world. Here are some important facts about the MBA program:
What makes MBA such a popular course is that students from any background - including Science, Commerce and Humanities - can pursue it.
A regular MBA or Post-Graduation Diploma in Management (PGDM) is generally a two-year course divided into four or six semesters. However, there are certain private institutes that offer one-year PGDM programmes as well.
One can pursue MBA in various modes, such as, Regular, Online and Distance-Education. Interested candidates can also find programmes customised based on their professional experience such as Executive MBA.
Generally, the MBA course fee in India presents an extensive range – it may range anywhere from Rs. 5 LPA to even Rs. 25 LPA! Obviously, the low-end fee is demanded by mediocre institutions and colleges, whereas the high-end course fee is reserved for cream institutes like ISB and IIMs. Granted that most reputed B-schools charge high MBA course fees in India, on completion of the course, they do promise a high ROI – the average salary for freshers hailing from such schools ranges between Rs. 20-22 LPA.
Now, let’s take a look at the MBA course fee in India of some of the top-ranking colleges to gain a better idea about the fee structure of colleges offering MBA courses in India.
Institution Course Fee
IIM Ahmedabad Rs. 21 lakh
IIM Bangalore Rs. 19.50 lakh
IIM Calcutta Rs. 19 lakh
XLRI Jamshedpur Rs. 16.8 lakh
Great Lakes Institute of
Management, Chennai Rs. 16.50 lakh
IIM Kozhikode Rs. 16 lakh
MDI Gurgaon Rs. 15.96 lakh
SPJIMR Mumbai Rs. 14.5 lakh
IIFT Delhi Rs. 14.50 lakh
IIM Indore Rs. 14 lakh
hope this is helpful.
Hello student ,
The cost of an MBA degree can vary, but the average tuition for a two-year MBA program exceeds $60,000. If you attend one of the top business schools, you can expect to pay as much as $100,000 or more in tuition and fees.
Hope it helps !
The fees for MBA varies from institution to another.
You have not mentioned which college you wish to take admission in. Also since the fees structure may vary from a range of Rs 1,00,000 to as high as 30,00,000, it's very important for you to research the college you are taking admission into.
Since you haven't mentioned the college name therefore I will not be able to clarify your doubts properly.
Hope this helps!