Top IIMs charge over 20 Lakh for the 2 year program so it becomes difficult for every student to pursue the course from the same institute, that is why MBA courses with fees under 10 Lakh have become the smart middle path. These courses generate high ROI (Return on Investment). Getting into top institutes in this list can be difficult due to high competition, as the list has few top names such as FMS Delhi, TISS Mumbai, JBIMS Mumbai.
Admission usually depends on CAT scores, and in some cases it also depends on MAH-CET scores for institutes like JBIMS Mumbai and SIMSREE Mumbai for the first shortlisting, followed by GD and interview rounds. These institutes offer exceptional placement records with an average package of FMS Delhi which goes up to INR 32.27 LPA and others also being in the range of INR 15 - 27 LPA. Aspirants can find detailed information on these institutes shared below.
Check, MBA Course Fees in India 2026
MBA Fees Under 10 Lakhs: Top Colleges
The list of colleges here includes names such as FMS Delhi, TISS Mumbai, DFS Delhi, SIMSREE Mumbai and a few others which provide MBA or equivalent courses under 10 Lakh where fees get as low as 1.01 Lakh for a 2 year program with high ROI. Check the detailed list below.
|
College Name
|
Location
|
Fees
|
Average Package(Approx)
|
|
FMS Delhi
|
Delhi
|
INR 2.43 Lakh
|
INR 32.27 LPA
|
|
TISS Mumbai
|
Mumbai
|
INR 2.04 Lakh
|
INR 28.69 LPA
|
|
JBIMS
|
Mumbai
|
INR 8.68 Lakh
|
INR 26.15 LPA
|
|
DFS
|
Delhi
|
INR 1.01 Lakh
|
INR 15.50 LPA
|
|
SIMSREE
|
Mumbai
|
INR 1.38 Lakh
|
INR 15.10 LPA
|
MBA Fees Under 10 Lakhs: Courses & Cutoff
All of these institutes provide MBA or equivalent courses such as MA in HRM or MMS and the cutoff for these institutes goes up to 99.5+ percentile for FMS Delhi followed by TISS Mumbai with required percentile range of 99.93 - 99.99 percentile. Check the detailed list below.
|
College Name
|
Course Name
|
MBA Status / Equivalence
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Primary Exam
|
General CutOff Range
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|
FMS Delhi
|
MBA (Full-time)
|
Flagship full-time MBA degree.
|
CAT
|
99.5 + Percentile
|
|
TISS Mumbai
|
M.A. in HRM & LR
|
Widely recognized as equivalent to an MBA in HR.
|
CAT
|
99.93 - 99.99 Percentile
|
|
JBIMS Mumbai
|
MMS (Master of Management Studies)
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The University of Mumbai's official full-time MBA equivalent.
|
MAH-CET/CAT
|
99+ Percentile
|
|
DFS Delhi
|
MBA (Finance)
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Flagship full-time specialized MBA degree.
|
CAT
|
95 - 97 Percentile
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|
SIMSREE Mumbai
|
MMS & PGDBM
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Official AICTE-approved MBA equivalents.
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MAH-CET/CAT
|
99.90 - 99.97 Percentile
|
MBA Fees Under 10 Lakhs: Final Section Weightage
Acquiring required percentiles can be the first round of short listing which is followed by PI(Personal Interviews), academics and other elements where TISS Mumbai follows a pure performance based model and giving 0% weightage to academics and other elements and relying 70% on CAT score and 30% on PI. Check the detailed list below.
|
College Name
|
Entrance Exam Weight
|
Personal Interview (PI)
|
Academics (10th/12th/Grad)
|
Other Elements (SOP/GD/Work Ex)
|
|
FMS Delhi
|
50% (CAT Sectional Weighted)
|
15%
|
20% (10% for 10th, 10% for 12%)
|
15% (10% SOP, 5% Extempore)
|
|
TISS Mumbai
|
70% (CAT Score)
|
30% (Online PI)
|
0%
|
0%
|
|
JBIMS Mumbai
|
100% (MAH-CET / CAT Rank)
|
0%
|
0%
|
0%
|
|
DFS Delhi
|
50% (CAT Score)
|
25%
|
20% (15% for 10th/12th, 5% for Grad)
|
5% (Academic Diversity)
|
|
SIMSREE Mumbai
|
100% (MAH-CET / CAT Rank)
|
0%
|
0%
|
0%
|
MBA Fees Under 10 Lakhs: ROI Ratio
All of these institutes provide high ROI ratios that can go as high as 15x and cost recovery time that can go as low as 0.8 Months for DFS Delhi and 14x ROI and 0.9 Months recovery time for FMS Delhi. Check the detailed list below.
|
College Name
|
Total Fees (INR)
|
Average Package (LPA)
|
ROI Ratio
|
Cost Recovery Time (Approx)
|
|
FMS Delhi
|
INR 2.43 Lakh
|
INR 32.27 LPA
|
13.28x
|
0.9 Months
|
|
TISS Mumbai
|
INR 2.04 Lakh
|
INR 28.69 LPA
|
14.06x
|
0.9 Months
|
|
JBIMS Mumbai
|
INR 8.05 Lakh
|
INR 26.15 LPA
|
3.09x
|
3.9 Months
|
|
DFS Delhi
|
INR 1.01 Lakh
|
INR 15.50 LPA
|
14.95
|
0.8 Months
|
|
SIMSREE Mumbai
|
INR 1.38 Lakh
|
INR 15.10 LPA
|
10.94x
|
1.1 Months
|