MBA Course Fees in India 2026: Average ROI for IIMs, Private & Govt Colleges. Check Detailed Information Here

Planning an MBA? Fees decide a lot. FMS Delhi charges just INR 2.43 lakh, while XLRI goes up to INR 30 lakh. This year, an average IIM asks for about INR 25 lakh, a private college nearly the same, and a government college around INR 9 lakh. Here is how fees change with college type, city and specialisation.

Sep 29, 2026, 18:34 IST
MBA Course fees in India 2026
MBA Course fees in India 2026

MBA being one of the popular post graduation courses, makes it highly competitive and difficult to acquire the top institutes. You can get enrolled in the best institutes after qualifying for CAT with the required percentile, followed by personal interviews. Top IIMs like IIM Ahmedabad and IIM Bangalore require percentiles up to 99.9 for general category students, and even top private colleges like XLRI Jamshedpur, MDI Gurugram require percentiles at least above 97 to receive a call from respective institutes.
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 MBA Course Fees in India 2026: Top IIMs

 

The Indian Institute of Management is the institute of national importance in India, in which you can enrol after qualifying for CAT with a required percentile of 99.9 for top IIMs. IIMs average fees for 2 year flagship program is around 24 LPA varying for each IIM accordingly.Check the detailed list below. 

Institutions
Location
Fees(Approx)
IIM Ahmedabad
Ahmedabad
INR 27.50 Lakh
IIM Bangalore
Bangalore
INR 26 Lakh
IIM Calcutta
Kolkata
INR 27 Lakh
IIM Kozhikode
Kozhikode
INR 23.50 Lakh
IIM Indore
Indore
INR 21.15 Lakh

MBA Course Fees in India 2026: Private Colleges


Private colleges in India also provide good management courses when compared to IIMs but the fees also play a key role in the same process as XLRI Jamshedpur has a fees of around INR 28 - 30 Lakh followed by other names like MDI Gurugram which has also fees of around INR 26.55 Lakh. Check the detailed list below. 

Institutions
Location
Fees(Approx)
XLRI
Jamshedpur
INR 28 - 30 Lakh
Mumbai
INR 24 - 26 Lakh
MDI Gurugram
Gurugram
INR 26.55 Lakh
Ghaziabad
INR 21.53 Lakh
Bhubaneswar
INR 22 Lakh

MBA Course Fees in India 2026: Top Government Colleges


These top government colleges can be called a better option when looking from the perspective of fees as they have lower fees in comparison to private institutes and IIMs in which FMS ranks first with fees of just INR 2.43 Lakh followed by other IIT’s but the cutoff can be higher due to their economical pricing of fees. Check the detailed list below. 

Institutions
Location
Fees(Approx)
FMS
Delhi
INR 2.43 Lakh
IIT Delhi
Delhi
INR 12 Lakh
IIT Bombay
Mumbai
INR 14.2 Lakh
IIT Madras
Chennai
INR 12.22 Lakh
IIT Roorkee
Roorkee
INR 4.48 Lakh

 MBA Course Fees in India 2026: Average Fees Comparison


Looking from the perspective of an MBA aspirant, the comparison between IIMs, private institutes and government colleges on the basis of fees matter as the fees can go up to as high as INR 30 Lakh for the course and as low as INR 2.43 Lakh, so the gap is huge. Check the detailed list below. 

Category
Average Fees
IIMs
INR 25.03 Lakh
Private Colleges
INR 24.82 Lakh
Government Colleges
INR 9.07 Lakh

MBA Course Fees in India 2026: Fees By Specialisation


MBA Course fees can even vary on the basis of specialisation you choose while pursuing MBA, if you are choosing Business Analytics and someone else is choosing Human Resource Management then fees could vary at the end of the day. Check the detailed list below.

Specialisation
Estimated average Fee
Finance
INR 16 Lakh
Marketing
INR 16 Lakh
Human Resources
INR 15 Lakh
Business Analytics
INR 16.5 Lakh
Operations Management
INR 15 Lakh
International Business
INR 14 Lakh
Information Technology
INR 13.5 Lakh
Supply Chain Management
INR 14 Lakh






Vikrant Kumar

Senior Executive - Editorial

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