MBA fees · official figures
MBA Fees in India: IIMs and Top B-Schools Compared
Total programme fees for the 68 MBA programmes we have verified range from ₹0.13 lakh (B.K. School (BKSPMS)) to ₹34.48 lakh (ISB Hyderabad). At the IIMs the stated flagship fee runs from ₹17.9 lakh (IIM Rohtak) to ₹27.5 lakh (IIM Ahmedabad). Fees cover different things — some include hostel and food, some do not — so read the note under each before comparing.
By ProCounsel Editorial TeamReviewed by ProCounsel counselling teamLast updated 12 Nov 2026
Official sources only · last verified 12 Nov 2026
How much does an MBA cost at each college?
Total fee for the whole programme, as the institute states it.
| Institute | Programme | Total fee | What it covers |
|---|---|---|---|
| ISB HyderabadHyderabad | PGP | ₹34,48,000source | Fee for the 2027-28 batch. One-year programme. ISB fees page: programme fee for academic year 2027-28 is Rs 34,48,000 + GST for shared accommodation, single-instalment payment, plus a refundable security deposit of Rs 20,000; covers admission, commitment and tuition fees. Indicative and subject to change. GST not included in feeTotal. Same fee page covers both Hyderabad and Mohali campuses. |
| XLRIJamshedpur | PGDM-BM | ₹30,60,000source | Fee for the 2027-29 batch. Admission Prospectus 2027 states programme fees and other charges for the 2-year PGDM(BM)/PGDM(HRM) will be approximately Rs 15.3 lakh per annum (total shown = 2 x 15.3 lakh, approximate); subject to revision and communicated before admission. |
| XLRIJamshedpur | PGDM-HRM | ₹30,60,000source | Fee for the 2027-29 batch. Same as PGDM(BM): approximately Rs 15.3 lakh per annum per Admission Prospectus 2027; subject to revision. |
| MICAAhmedabad | PGDM-C | ₹29,50,000source | Fee for the 2027-29 batch. Total programme fee INR 29.50 lakh for the 2027-29 batch as listed on MICA's Admissions '27 page (indicative, subject to revision). MICA's PGDM-C programme page states the fee includes tuition, hostel, mess, teaching-learning materials and infrastructure. Application fee Rs 2,500 + Rs 500 per additional programme. |
| MICAAhmedabad | PGDM | ₹29,50,000source | Fee for the 2027-29 batch. Total fee INR 29.50 lakh (indicative, subject to revision) for the 2027-29 batch per MICA PGDM admissions page and Admissions '27 table. |
| IIM AhmedabadAhmedabad | MBA-PGP | ₹27,50,000source | Programme fee stated for the PGP 2025-27 batch (inclusive of tuition fee INR 20,10,000); excludes boarding, laptop, travel and personal expenses. IIMA says the fee for future batches will be announced later. |
| IIM CalcuttaKolkata | MBA | ₹27,00,000source | Fee for the 2024-26 batch, plus INR 20,000 caution deposit. No newer official fee document was found. |
| NMIMS SBM MumbaiMumbai | P1 | ₹27,00,000source | Fee for the 2026-28 batch. Official handout (NMAT 2026, admission batch 2027) lists the MBA Mumbai fee as INR 13,50,000 per annum for academic year 2026-28 'for information only'; total shown is 2 x per-annum figure. Fee for the 2027 intake (A.Y. 2027-28) will be intimated in the offer letter. Hostel not included. (MBA HR Mumbai: INR 12,75,000 per annum.) |
| MDI GurgaonGurugram | PGDM | ₹26,55,310source | Fee for the 2027-29 batch. Total for two years (subject to revision): tuition 19,23,010 + boarding 2,08,400 + lodging 2,19,500 + learning material 1,24,000 + student activities 62,500 + library 75,400 + alumni 15,000 + refundable security deposit 27,500. Same fee for PGDM, PGDM-HRM and PGDM-Business Analytics. Paid in 3 instalments (6,00,000 at admission; 7,48,905 in Oct 2027; 13,06,405 in May 2028). NRI fee USD 38,668. |
| MDI GurgaonGurugram | PGDM-HRM | ₹26,55,310source | Fee for the 2027-29 batch. Same fee schedule as PGDM (subject to revision), incl. boarding, lodging and refundable security deposit 27,500. |
| SIBM PunePune | MBA | ₹26,20,000source | Fee for the 2026-28 batch. Academic fees for Indian students: Rs 6,55,000 per instalment x 4 instalments (2 per year) = Rs 26,20,000. Excludes refundable institute deposit (Rs 20,000) and hostel deposit (Rs 20,000), hostel (three-sharing, Rs 1,57,300 in year 1) and mess (Rs 59,800 per instalment in year 1); hostel/mess may rise up to 15% a year; government taxes extra. |
| IIM BangaloreBengaluru | PGP | ₹26,00,000source | PGP 2024-26 (domestic) programme fee: tuition, library, hostel rent, insurance etc.; mess advance and caution deposits extra. A newer official fee could not be verified. |
| SCMHRDPune | MBA | ₹25,82,000source | Fee for the 2026-28 batch. Academic fees for Indian students: Rs 6,45,500 per instalment x 4 = Rs 25,82,000. Excludes refundable institute deposit (Rs 20,000) and hostel deposit (Rs 20,000), hostel (3-sharing, Rs 1,12,500 year 1) and mess (Rs 59,800 per instalment year 1); hostel/mess may rise up to 15% a year. Separate MBA (Business Analytics) and MBA (Infrastructure Development & Management) programmes have different fees. |
| SPJIMRMumbai | PGDM | ₹24,86,000source | Fee for the 2027-29 batch. Fee for Indian participants; includes tuition fee and basic hostel/accommodation. Indicative and subject to revision. Optional Global Fast Track and International Exchange components not included. International participants: INR 33.32 lakh. |
| IIM IndoreIndore | PGP | ₹24,00,000source | Course fee for CAT students, batch 2026-28 (INR 12 lakh x 2). With caution deposit, mess deposit and alumni fee the stated year totals add up to INR 25,15,800. |
| KJSIMMumbai | MBA | ₹23,87,500source | Fee for the 2026-28 batch. Batch 2026-28 fee: Year 1 (2026-27) INR 11,52,000 + Year 2 (2027-28) INR 12,35,500; includes tuition, development, examination, convocation and alumni association fees. Hostel charged separately. 2027-29 batch fee not yet shown on the admission page. |
| IIM VisakhapatnamVisakhapatnam | PGP | ₹23,58,590source | 2 x the official year total of INR 11,79,295 for PGP 2026-28; excludes the INR 40,000 refundable caution deposit and mess advances. |
| IMI New DelhiNew Delhi | PGDM | ₹23,54,000source | Fee for the 2025-27 batch. Self-sponsored fee for the 2025-27 batch per IMI Delhi Mandatory Disclosure (company-sponsored: INR 36,97,160; 2024-26 batch self-sponsored: INR 20,95,230). The 2027 admissions page FAQ also states the programme fee as INR 23.54 lakh. Inclusions (hostel etc.) not itemised in these sources. |
| IIM KozhikodeKozhikode | PGP | ₹23,50,000source | Batch 2026-28 (INR 11,75,000 per year); same for PGP, PGP-Finance and PGP-LSM. Caution deposit, welfare fund and mess deposit extra. |
| IMT GhaziabadGhaziabad | P1 | ₹23,00,000source | Fee for the 2027-29 batch. Provisional fee for PGDM / PGDM-FM / PGDM-Marketing / PGDM-BFS 2027-29: admission 50,000 + tuition 22,27,000 + lifetime alumni 8,000 + refundable caution deposit 15,000 = 23,00,000 (Year 1 13,00,000; Year 2 10,00,000). IMT states the programme fee covers tuition, boarding, lodging and academic materials. |
| IIM JammuJammu | MBA | ₹22,80,756source | Includes tuition and other academic/non-academic expenses (hostel, health insurance etc.); excludes refundable caution deposit Rs 50000 and mess bills (actuals). |
| Great Lakes ChennaiChennai | P1 | ₹22,50,000source | Fee for the 2026-28 batch. Total INR 22,50,000 = tuition 10,25,000 + programme fee 5,78,000 (academic 16,03,000) + twin-sharing AC accommodation 6,32,000 + refundable caution deposit 10,000 + alumni subscription 5,000. Hostel mandatory; food extra. |
| IIM MumbaiMumbai | MBA | ₹21,00,000source | Gross fee for the two-year programme as stated in the 2026 brochure: inclusive of tuition fee INR 14.00 lakh and a refundable caution money deposit of INR 50,000. Mess charges extra. The brochure does not name the batch. |
| IIM NagpurNagpur | MBA | ₹21,00,000source | Total programme fee for the 2026-28 batch as stated. |
| IIM SirmaurPaonta Sahib (Sirmaur) | MBA | ₹21,00,000source | Includes admission, tuition, hostel, alumni, mediclaim; excludes refundable caution money 30000. |
| IIM KashipurKashipur | MBA | ₹20,80,000source | Grand total for MBA 2026-28 as stated, including INR 25,000 admission fee and INR 9,000 caution deposit. |
| IIM LucknowLucknow | MBA | ₹20,50,000source | Batch 2026-28 'Total Fee (A)' (admission, tuition, infrastructure) for two years; deposits and alumni fee extra (total INR 20,75,000), mess at actuals. Same fee for MBA and MBA-ABM. |
| IIM LucknowLucknow | MBA-ABM | ₹20,50,000source | Batch 2026-28 'Total Fee (A)' (admission, tuition, infrastructure) for two years; deposits and alumni fee extra (total INR 20,75,000), mess at actuals. Same fee for MBA and MBA-ABM. |
| IIM RaipurRaipur | MBA | ₹20,08,000source | Total for 2026-28 excluding caution deposit, boarding and medical insurance. |
| IIFT DelhiNew Delhi | International-Business | ₹19,73,000source | Fee for the 2026-28 batch. MBA 2027 brochure: total fee for MBA (IB) 2026-28 batch at all campuses is Rs 19.73 lakh (tuition, library, computer & internet, medical insurance, alumni & student body). Hostel & mess extra: Delhi Rs 1.35 lakh p.a. (double) / Rs 1.08 lakh p.a. (triple); refundable security Rs 10,000. Exact 2027-29 fee to be communicated with offer letters. SC/ST/PwD: 50% tuition concession. |
| IIM SambalpurSambalpur | MBA | ₹19,55,000source | Course fee 925000x2 + other fees 50000+55000 = 1955000 (excludes mess deposit 69000/yr and refundable caution 20000). Sum of Grand Totals incl. deposits = 2113000. NRI/foreign: course fee 1350000/yr. |
| IIM AmritsarAmritsar | MBA | ₹19,50,000source | 975000 + 975000 = 1950000; covers Tuition, Academic Support, Hostel, Student Activities & Health. Excludes refundable Caution Deposit (50000) and Mess Deposit (75000/yr). Total Payment amount incl. deposits = 1100000 + 1050000 = 2150000. |
| IIM TiruchirappalliTiruchirappalli | PGPM | ₹19,50,000source | Fee for PGPM and PGPM-HR, 2026-28 batch, excluding caution deposit and mess advance. |
| IIM RanchiRanchi | MBA | ₹19,20,000source | Batch 2026-28 fee for MBA, MBA-HRM and MBA-BA, excluding mess (scanned PDF; figure read from the page). |
| IIM Bodh GayaBodh Gaya | MBA | ₹17,96,000source | Course total for 2026-28; excludes caution deposit (INR 25,000) and mess/laundry deposit. |
| IIM RohtakRohtak | PGP | ₹17,90,000source | PGP 2026-28: INR 8,95,000 per year x 2 (stated year totals); mess (INR 48,000/year) and other charges extra. |
| SIBM HyderabadHyderabad | MBA | ₹17,52,000source | Fee for the 2027-29 batch. Approved fee structure for batch 2027-29 (Indian students): academic fees Rs 8,76,000 per annum, paid as 4 instalments of Rs 4,38,000 (2 per year) = Rs 17,52,000. Excludes refundable institute deposit Rs 20,000, refundable hostel deposit Rs 20,000, mess Rs 1,58,600 p.a. and hostel Rs 1,91,900 (three-sharing) to Rs 3,35,800 (single) p.a. in year 1; hostel fees may rise up to 15% a year; government taxes extra. Discretionary-quota seats pay double academic fees. |
| IBS HyderabadHyderabad | MBA | ₹17,01,000source | Fee for the 2027-29 batch. IFHE fee-structure page: MBA (IBS Hyderabad) 2027-29 programme fee Rs 17,01,000 for 2 years (IBS admissions page: Rs 8.505 lakh per annum). Tuition only; excludes refundable caution deposit Rs 10,000 (with 1st instalment), convocation fee Rs 4,000 (with 5th instalment) and living expenses (hostel/mess not included). |
| IMT HyderabadHyderabad | PGDM | ₹16,00,000source | Fee for the 2027-29 batch. IMT Hyderabad PGDM admissions page: 'Fee Structure for PGDM, PGDM (Finance) Batch 2027-2029 INR 16 Lakhs'; academic fee includes accommodation and mess charges. Instalment schedule not published on the page. Scholarships: 40% academic-fee waiver for CAT/XAT 90+ percentile or GMAT Focus 655+; 20% for all women candidates; TFW scheme. |
| SJMSOM IIT BombayMumbai | MBA | ₹15,55,800source | Fee for the 2026-28 batch. Total programme fee for General/EWS/OBC-NCL (SC/ST/PwD: INR 7,55,800 - tuition waived). Tuition INR 2,00,000 per semester; per-semester total INR 3,82,450. Hostel/mess extra if availed (hostel INR 20,250 + mess advance INR 27,000 per semester); refundable deposits INR 10,000. |
| SoM-PDEUGandhinagar | MBA | ₹14,20,000source | Fee for the 2027-29 batch. Tentative fee for Batch 2027-29 (MBA Admission Rules 2027): tuition Rs 3,50,000 x 4 tranches = 14,00,000 + university enrolment & examination fee 5,000 x 4 = 20,000 -> Rs 14,20,000. Excludes AC hostel Rs 1,10,000/yr, mess Rs 62,000/yr and refundable deposits (hostel 5,000, security 10,000, library 3,000); all-in total Rs 17,82,000. NRI tuition US$ 26,000 total. Subject to revision. |
| AMSOM (Ahmedabad University)Ahmedabad | P1 | ₹14,00,000source | Fee for the 2027-29 batch. Tuition for the incoming MBA class of 2027: INR 7,00,000 per year x 2 = INR 14,00,000 (includes INR 10,000 for course materials, cases and simulation licences). Excludes optional twin-sharing stay, three meals and transport INR 2,46,000 per year (INR 4,92,000 for two years, subject to revision), refundable security deposit INR 20,000 and the international immersion visit. Rs 1,00,000 payable on acceptance. |
| WeSchoolMumbai | PGDM | ₹14,00,000source | Fee for the 2026-28 batch. PGDM 2026-28 brochure: tuition fee INR 7,00,000 per annum (subject to change); total shown is 2 x per-annum tuition. Excludes library deposit INR 4,000 (refundable) and hostel. The current PGDM web page (batch not stated, likely 2027-29) shows tuition fees & other INR 7,50,000 p.a.*, hostel INR 1,60,000-2,20,000 p.a. + INR 10,000 refundable deposit (Mumbai hostel subject to availability). |
| EDIIGandhinagar | PGDM-E | ₹13,95,000source | Fee for the 2027-29 batch. Non-residential: Year 1 Rs 7,25,000 + Year 2 Rs 6,70,000 = Rs 13,95,000 (first instalment includes Rs 20,000 caution deposit). Residential (double sharing): 8,55,000 + 7,70,000 = Rs 16,25,000 (includes hostel security deposit). |
| Jaipuria IndoreIndore | PGDM | ₹13,50,000source | Fee for the 2027-29 batch. Official Indore fee page 'Fee Structure for PGDM Programmes 2027-29': Year 1 Rs 6,80,000 + Year 2 Rs 6,70,000 = Rs 13,50,000 (6 trimester instalments: 2,50,000 / 2,20,000 / 2,10,000 / 2,50,000 / 2,10,000 / 2,10,000). Excludes refundable security deposit Rs 15,000, hostel (AC double Rs 1,15,000 a year for 2026-27, plus Rs 10,000 refundable hostel deposit; mess extra) and GST/other taxes if notified. Merit scholarships on CAT/MAT/CMAT/XAT scores (up to Rs 5,00,000) are listed on the same page. |
| IMNU (Nirma)Ahmedabad | MBA | ₹13,17,000source | Fee for the 2026-28 (fee table for batch admitted 2026; 2027-29 not separately published) batch. Derived total of non-residential academic charges for the batch admitted in 2026 (AY 2026-27 fee table in the Admissions 2027 Information Booklet; subject to revision): tuition Rs 6,40,000 x 2 years = 12,80,000 + examination fee 11,000 x 2 = 22,000 + registration 1,000 + eligibility 1,000 + alumni 3,500 + convocation 2,500 + placement registration 7,000 = Rs 13,17,000. Excludes refundable security deposit 13,000, hostel (Rs 90,000-1,80,000 per year for 10 months depending on room; base non-AC twin Rs 99,000 + GST), mess approx. 58,800/yr, student activity advance 8,000/yr, learning-material advance 8,000/yr, laundry 6,250/yr. NRI tuition US$ 15,000/yr. |
| IMNU (Nirma)Ahmedabad | MBA-HRM | ₹13,17,000source | Fee for the 2026-28 (fee table for batch admitted 2026; 2027-29 not separately published) batch. Same fee table as MBA (booklet lists a common 'MBA and MBA(HRM) Programme Fee Structure'). Derived total of non-residential academic charges for the batch admitted in 2026 (AY 2026-27 fee table in the Admissions 2027 Information Booklet; subject to revision): tuition Rs 6,40,000 x 2 years = 12,80,000 + examination fee 11,000 x 2 = 22,000 + registration 1,000 + eligibility 1,000 + alumni 3,500 + convocation 2,500 + placement registration 7,000 = Rs 13,17,000. Excludes refundable security deposit 13,000, hostel (Rs 90,000-1,80,000 per year for 10 months depending on room; base non-AC twin Rs 99,000 + GST), mess approx. 58,800/yr, student activity advance 8,000/yr, learning-material advance 8,000/yr, laundry 6,250/yr. NRI tuition US$ 15,000/yr. |
| DMS IIT DelhiNew Delhi | P1 | ₹12,00,000source | Fee for the 2027-29 (as stated on MBA Admission Process 2027 page) batch. Tuition only: INR 12.00 lakh for the entire programme, payable in 4 equal semester instalments; exact fee indicated in offer letter. 2025-27 batch per semester: tuition 3,00,000 + other charges 22,400 + institute residence fee 8,600 (SC/ST/PwD pay only other charges and residence fee). Hostel/mess not included. |
| Praxis KolkataKolkata | PGDM | ₹11,00,000source | Fee for the 2027-29 batch. Official PGDM Program Fees page: admission confirmation 76,000 + tuition 7,80,000 + course material 80,000 + placement fee 32,000 + library & IT 32,000 + campus maintenance 1,00,000 = total programme fee Rs 11,00,000 (instalments Oct 2027, Jun 2028, Oct 2028). Plus refundable caution deposit Rs 30,000 (Rs 5,000 of it kept for alumni life membership) = Rs 11,30,000 day-scholar total; hostel Rs 60,000 x 4 = Rs 2,40,000 extra (Rs 13,70,000 with hostel). Fees subject to revision. Note: the page's FAQ still shows an older Oct 2026 - Oct 2027 instalment calendar for the same amounts. |
| MANAGE HyderabadHyderabad | PGDM-ABM | ₹9,75,000source | Fee for the 2026-28 batch. Prospectus 2026-28 total for two years: tuition Rs 4,05,000 (2 x 2,02,500) + boarding & lodging Rs 4,94,000 (fully residential, twin sharing) + other heads (library, study material, computer & internet, student welfare etc.) Rs 76,000 = Rs 9,75,000. Provisional and subject to upward revision; hostel during summer project/vacation extra. 2027-29 prospectus not yet published as of 2026-11-12. |
| IPE HyderabadHyderabad | PGDM | ₹9,00,000source | Fee for the 2027-29 batch. IPE tuition & financial aid page (2027-29): Year 1 Rs 5,00,000 (admission 50,000 + tuition 3,00,000 + IT/library/activities 1,50,000) + Year 2 Rs 4,00,000 (tuition 3,00,000 + IT/library/activities 1,00,000) = Rs 9,00,000; 2027-29 brochure: 'Rs. 9 Lakhs for 2 years. Hostel Fee separate'. Excludes hostel (Rs 1.2-2.0 lakh per year), transport (Rs 45,000 per year) and refundable caution deposit Rs 15,000. Same fee shown for IPE's PGDM variants. |
| Globsyn (GBS) KolkataKolkata | PGDM | ₹8,95,000source | Official FAQ: 'PGDM (AICTE approved) - Rs 8.95 Lakh' (same for PGDM-Business Analytics; MBA (Global) with Malaysia University of Science and Technology Rs 8.75 lakh, total fee). Batch year and breakdown not stated; hostel extra (amount not published). |
| IISWBMKolkata | P1 | ₹8,30,000source | Fee for the 2027-29 batch. MBA (Day) Admission Brochure 2027-29 course-fee chart: Semester 1 Rs 2,45,000 (Rs 2,15,000 + refundable library caution deposit Rs 5,000 + refundable security deposit Rs 5,000 + student activity fee Rs 20,000) + Semesters 2, 3 and 4 Rs 1,95,000 each = Rs 8,30,000. Same total in the institute's 'Break-up of Student Fees (2026 onwards)' (admission 12,000 + development 12,000 + tuition 1,91,000 per semester etc.). Includes Rs 10,000 refundable deposits; hostel not included. University of Calcutta registration/migration fees extra. |
| CBS KolkataKolkata | PGDM | ₹7,70,000source | Fee for the 2027-29 batch. Official fee-structure page (6 instalments, Dec 2027 - Jan 2029): tuition 6,85,000 + admission 50,000 + laboratory 20,000 + library & course material 50,000 = 8,05,000, less Early Bird waiver 25,000 and Uniform & Career Development fee waiver 10,000 for early admission takers = published total Rs 7,70,000. Excludes refundable security deposit Rs 30,000 and optional accommodation (Rs 72,000/yr if paid annually upfront, Rs 84,000/yr in two instalments) and optional bus. Candidates not eligible for the early-bird waivers would pay more; the page does not state that figure. |
| IIEST Shibpur SOMSHowrah | P1 | ₹4,77,700source | Fee for the 2026-28 batch. Derived from the MBA Admission Brochure 2026-28 fee table: tuition Rs 1,00,000 per semester x 4 = 4,00,000 + other semester charges 11,500 x 4 = 46,000 + annual charges 7,600 x 2 = 15,200 + one-time charges 16,500 (includes refundable caution money, amount not split) = Rs 4,77,700. Amount payable at admission Rs 1,35,600. Hostel not included; fees subject to revision. |
| PIMR IndoreIndore | MBA | ₹3,80,000source | Fee for the 2026-28 batch. Derived: AFRC Madhya Pradesh lists a semester-wise fee of Rs 95,000 for 'Prestige Institute of Management Research, Indore' (M.B.A.) for both 2026-2027 and 2027-2028; 4 semesters x Rs 95,000 = Rs 3,80,000 (tuition as regulated; hostel and other charges not included). The same Rs 95,000 per semester is listed for PIMR's MBA (FA), (MM), (IB), (PA) and (APR) entries. PIMR's own site does not publish a fee figure. |
| IPS Academy IBMRIndore | MBA-Core | ₹2,76,000source | Fee for the 2026-28 batch. Derived: AFRC Madhya Pradesh lists a semester-wise fee of Rs 69,000 for 'IPS Academy, Institute of Business Management And Research, Indore MP' (M.B.A.) for both 2026-2027 and 2027-2028; 4 semesters x Rs 69,000 = Rs 2,76,000 (regulated fee; hostel/other charges not included). AFRC also lists two other IBMR entries (Knowledge Village and 'International Business') with fee shown as 0, and the separate Sanwer campus at Rs 29,000 per semester. |
| FMS DelhiNew Delhi | MBA | ₹2,60,300source | Fee for the 2027-29 batch. Information Bulletin 2027-29 states the semester fee is 'currently approximately Rs. 65,075/- per semester'; total = 4 semesters x 65,075 (approximate, payable at the beginning of each academic year, revisable by University of Delhi). Hostel/other charges not included. |
| SMS, University of HyderabadHyderabad | MBA | ₹2,19,220source | Fee for the 2026-28 batch. Derived from the University of Hyderabad Prospectus 2026-27 first-semester fee table, MBA row: other fee 6,660 + tuition 46,720 (payable every semester) + students' union 580 + medical insurance 2,010 + student welfare/aid 260 (payable each July-December semester) + refundable deposits 5,485 (at admission) = Rs 61,715 for semester 1. Two-year estimate excl. refundable deposit = 4 x 53,380 + 2 x 2,850 = Rs 2,19,220 at 2026-27 rates (later-semester fees may be revised; medical insurance is at actuals). Hostel/mess extra. MBA Business Analytics is a separate, costlier programme (Rs 1,52,395 in semester 1). |
| TISS MumbaiMumbai | MA-HRM&LR | ₹2,03,500source | Fee for the 2026-28 batch. Programme fee per TISS admissions page: Sem I Rs 78,650, Sem II Rs 41,250, Sem III Rs 53,900, Sem IV Rs 29,700 = Rs 2,03,500 (tuition, exam, field education, IT, library, students' competency fund; Sem I includes Rs 11,000 refundable caution deposit). Excludes hostel/dining and student-borne costs of practicum/study tours. Batch year not explicitly labelled on page. |
| SVIMS IndoreIndore | MBA | ₹1,72,000source | Fee for the 2026-28 batch. Derived: AFRC Madhya Pradesh lists a semester-wise fee of Rs 43,000 for 'Shri Vaishnav Institute of Management and Science, Indore' (M.B.A.) for both 2026-2027 and 2027-2028; 4 semesters x Rs 43,000 = Rs 1,72,000 (regulated fee; other charges not included). A separate AFRC entry 'Shri Vaishnav Institute of Management, Indore Finance' shows fee 0. |
| IMS DAVVIndore | Marketing-Management | ₹1,62,008source | Fee for the 2026-27 batch. Derived: DAVV CUET (PG) 2026-27 brochure Table 1 programme fee Rs 81,004 per year x 2 years = Rs 1,62,008 (fee subject to revision; year-2 fee not separately stated). Additional: student service fee per semester (odd Rs 3,950 boys / 3,730 girls; even Rs 3,500 / 3,280), one-time alumni fee Rs 500, refundable caution money Rs 4,000; hostel and central library fee separate. SC/ST/OBC-NCL fee may be reimbursed by the MP Government. |
| IMS DAVVIndore | Financial-Administration | ₹1,62,008source | Fee for the 2026-27 batch. Derived: DAVV CUET (PG) 2026-27 brochure Table 1 programme fee Rs 81,004 per year x 2 years = Rs 1,62,008 (fee subject to revision; year-2 fee not separately stated). Additional: student service fee per semester (odd Rs 3,950 boys / 3,730 girls; even Rs 3,500 / 3,280), one-time alumni fee Rs 500, refundable caution money Rs 4,000; hostel and central library fee separate. SC/ST/OBC-NCL fee may be reimbursed by the MP Government. |
| IMS DAVVIndore | Human-Resource | ₹1,62,008source | Fee for the 2026-27 batch. Derived: DAVV CUET (PG) 2026-27 brochure Table 1 programme fee Rs 81,004 per year x 2 years = Rs 1,62,008 (fee subject to revision; year-2 fee not separately stated). Additional: student service fee per semester (odd Rs 3,950 boys / 3,730 girls; even Rs 3,500 / 3,280), one-time alumni fee Rs 500, refundable caution money Rs 4,000; hostel and central library fee separate. SC/ST/OBC-NCL fee may be reimbursed by the MP Government. |
| IMS DAVVIndore | E-Commerce | ₹1,62,008source | Fee for the 2026-27 batch. Derived: DAVV CUET (PG) 2026-27 brochure Table 1 programme fee Rs 81,004 per year x 2 years = Rs 1,62,008 (fee subject to revision; year-2 fee not separately stated). Additional: student service fee per semester (odd Rs 3,950 boys / 3,730 girls; even Rs 3,500 / 3,280), one-time alumni fee Rs 500, refundable caution money Rs 4,000; hostel and central library fee separate. SC/ST/OBC-NCL fee may be reimbursed by the MP Government. |
| IIPS DAVVIndore | MBA | ₹1,36,400source | Fee for the 2026-27 batch. Derived: DAVV CUET (PG) 2026-27 brochure Table 1 programme fee Rs 68,200 per year x 2 years = Rs 1,36,400 (subject to revision). Plus DAVV student service fee per semester, alumni fee Rs 500, refundable caution money Rs 4,000; hostel separate. |
| IIPS DAVVIndore | Entrepreneurship | ₹1,36,400source | Fee for the 2026-27 batch. Derived: DAVV CUET (PG) 2026-27 brochure Table 1 programme fee Rs 68,200 per year x 2 years = Rs 1,36,400 (subject to revision). Plus DAVV student service fee per semester, alumni fee Rs 500, refundable caution money Rs 4,000; hostel separate. |
| B.K. School (BKSPMS)Ahmedabad | P1 | ₹13,000source | Official admission page states 'Rs. 6,500/- per year' (academic year not stated); total = 6,500 x 2 years = Rs 13,000 (derived). Hostel and other charges not stated. |
How should you compare MBA fees?
- Compare total programme fees, not first-year fees: some institutes quote per year or per term.
- Check whether hostel, food, laptop and exchange components are included — the notes above say.
- Set the fee against the median salary and the two years of income you give up, not against the highest package.
- Ask about need-based aid early; many institutes offer it, on their own terms.
Frequently asked questions
What is the fee for an MBA at an IIM?
The IIMs' stated flagship fees range from ₹17,90,000 (IIM Rohtak) to ₹27,50,000 (IIM Ahmedabad), each for the batch the institute last announced.
Which MBA colleges have the lowest fees?
Among the programmes we have verified, the lowest stated total fee is ₹13,000 at B.K. School (BKSPMS). University departments are generally the least expensive, though their seats are highly competitive.
Do MBA fees include hostel and food?
It depends on the institute. Some quote one figure including boarding and lodging, others quote tuition and list hostel separately. The note under each fee says what the institute includes.
How can I pay for an MBA?
Most students combine savings, education loans from banks and institute need-based financial aid or scholarships. Check each institute's financial-aid page; terms vary widely.
Sources
Official documents used on this page, last checked on 12 Nov 2026.
- ISB PGP Fees & Scholarships (2027)
- XLRI Admission Prospectus 2027 (linked as 'Admission Prospectus' from xlri.ac.in) (2027)
- MICA Admissions '27 (programmes, seats, fees, MICAT dates) (2027)
- MICA Apply for PGDM Admissions 2027 (2027)
- IIMA Admission Policy (Domestic) - MBA/PGP admissions page (fee statement for PGP 2025-27 batch; text as captured by Internet Archive on 2026-07-16 at http://web.archive.org/web/20260716134732/https://www.iima.ac.in/academics/mba/admissions/indians) (2025)
- IIM Calcutta - MBA Programme Fee Structure (61st Batch, 2024-2026), Domestic Candidates (2024)
- NMIMS Admission Handout for Management Programs (NMAT 2026), batch 2027 (2026)
- MDI Gurgaon PGDM admissions page (PGP 2027-29) (2027)
- SIBM Pune - Fees Structure Batch 2026-2028 (MBA) (2026)
- IIMB PGP Programme Expenses (official page; text as captured by Internet Archive on 2026-04-16 at http://web.archive.org/web/20260416141558/https://www.iimb.ac.in/pgp-programme-expenses) (2024)
- SCMHRD MBA fee structure, batch 2026-28 (2026)
- SPJIMR PGDM fees & scholarships (2027)
- IIM Indore - PGP Fee Structure, Fees Structure for PGP Batch 2026-28 (updated 09 January 2026) (2026)
- KJSIM MBA Admission 2027-29 page (2026)
- IIM Visakhapatnam PGP Program Fee - Fee Structure for PGP 2026-28 Batch (2026)
- IMI Delhi Mandatory Disclosure (2025)
- IIM Kozhikode - Fee Structure (PGP, PGP-Finance and PGP-LSM), Batch 2026-28 (2026)
- IMT Ghaziabad PGDM fee structure 2027-29 (2027)
- IIM Jammu - MBA (2026-2028) Fee Structure (2026)
- Great Lakes Chennai PGDM Fee Structure 2026-28 (2026)
- IIM Mumbai - Admissions page / MBA Programme Brochure 2026 (MBA Fee Structure) (2026)
- IIM Nagpur MBA - Fees, Financial Aid & Scholarship (2026)
- IIM Sirmaur - MBA Brief 2026 (Fee Structure MBA 2026-28) (2026)
- IIM Kashipur MBA Admission 2026-28 page - Fee structure of MBA Programme 2026-28 (2026)
- IIM Lucknow - Fee Structure PGP-I & II for Batch 2026-2028 (listed as 'Fee structure- PGP & PGP ABM, Batch of 2026 - 2028') (2026)
- IIM Raipur - Fee Structure for the MBA 2026-28 Batch (Updated 04.05.2026) (2026)
- IIFT MBA (IB) & MBA (BA) 2027-29 brochure (2026)
- IIM Sambalpur - Master of Business Administration Fee Structure Batch 2026-28 (2026)
- IIM Amritsar - Notional Fees Structure for MBA Batch 2026-28 (dated 10 April 2026) (2026)
- IIM Tiruchirappalli - Fee Structure, PGPM & PGPM-HR 2026-28 Batch (2026)
- IIM Ranchi - MBA/MBA-HRM/MBA-BA 2026-28 Fees Details (Fee Structure and Withdrawal Policy, dated 28.04.2026) (2026)
- IIM Bodh Gaya Fee for the MBA 2026-28 (12th Batch), dated 08 May 2026 (2026)
- IIM Rohtak - PGP 17th Batch (2026-2028) Fee Structure (2026)
- SIBM Hyderabad - Fees Structure (MBA batch 2027-29) (2027)
- IFHE - IBS Hyderabad fee structure (2027)
- IMT Hyderabad PGDM Admissions 2027 page (content served from the institute's API) (2027)
- SJMSOM MBA Tuition and Fees (2026)
- PDEU School of Management - M.B.A. Admission Rules 2027 (2027)
- Ahmedabad University - MBA Admission 2027 page (2027)
- WeSchool PGDM 2026-2028 brochure (Dec 2025) (2026)
- EDII - PGDM Entrepreneurship programme page (2027-29) (2027)
- Jaipuria Institute of Management Indore - Fee Structure (PGDM 2027-29) (2027)
- IMNU Information Booklet - Admissions 2027 (Sep 2026) (2026)
- DMS IIT Delhi MBA Admission page (Admission Process 2027) (2027)
- Praxis Business School - PGDM Program Fees (2027)
- MANAGE PGDM(ABM) Prospectus 2026-28 (2026)
- IPE - Tuition & Financial Aid (fee 2027-29) (2027)
- Globsyn Business School - FAQs
- IISWBM MBA 2-Year (Full-Time) Admission Brochure 2027-2029 (52nd batch) (2027)
- Calcutta Business School - Fee Structure (PGDM) (2027)
- IIEST Shibpur - Two Years Full Time MBA Program, Academic Session 2026-28, Information Brochure (revised 05-02-2026) (2026)
- AFRC Madhya Pradesh - Institute & Fees Information (Technical Education > M.B.A. > 2026-2027 and 2027-2028 > Indore division/district) (2026)
- FMS Information Bulletin MBA Full-Time (2027-2029) & Doctoral Programme (2027)
- University of Hyderabad Prospectus 2026-27 - first-semester fee table (2026)
- TISS admissions - MA HRM&LR programme page (2026)
- DAVV Indore - CUET (PG) Admission Information Brochure 2026-2027 (updated 29.06.2026) (2026)
- B.K. School - Admission (MBA GIA, Executive MBA, MBA Maritime)
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