A two-year
MBA program
in India typically costs between 10 lakh and 34 lakh, but this can vary significantly based on the institution, program type, and location. Government and state colleges generally have lower fees, ranging from 2 lakh to 6 lakh, while private and international institutions can charge considerably more.
Factors influencing MBA fees:
Institution Type: Government and state-funded institutions generally have lower fees compared to private and international universities.
Program Type: Full-time, part-time, and online MBA programs can have different fees.
Location: Costs can vary depending on the city and state.
Infrastructure and Facilities: Institutions with better facilities and programs like international immersion programs may charge higher fees.
Fee ranges for different categories:
IIMs: 20 lakh to 28 lakh.
Tier-1 Private Colleges: 15 lakh to 25 lakh.
Tier-2 Private Colleges: 8 lakh to 12 lakh.
Tier-3 / State Colleges: 2 lakh to 6 lakh.
Private Universities: Up to 34.60 lakh.
Government/State Colleges: 2,600 to 8.6 lakh.
Online/Distance MBA: 15,500 to 55,000 per semester.
Example MBA fees for specific institutions:
IIM Bangalore: 26.00 lakh.
ISB Hyderabad: 35 lakh (1-year MBA).
XLRI Jamshedpur: 25 lakh.
SPJIMR Mumbai: 20 lakh.
NMIMS Mumbai: 19 lakh.
GOOD LUCK!!!
