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The management education in India is quite expensive as the average fees charged by the elite MBA colleges such as IIMs, XLRI , MDI Gurgaon, IIFT Delhi , NMIMS, SIBM Pune, etc. can range between Rs. 20,00,000 to Rs. 30,00,000. However, there are some colleges in the country which charge nominal fees of close to Rs. 10,00,000 such as the IITs. Some of the elite MBA colleges such as FMS Delhi , TISS Mumbai, JBIMS, NITs, DSE, DBE, SRCC, and UBS Chandigarh charge very nominal fees for their management programme which range between Rs. 50,000 to Rs. 6,00,000. The fees charged by these institutes may vary every year depending upon number of factors.
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