MBA colleges in India with low fees are publicly funded or university-run business schools that typically charge less than private PGDM institutes while admitting through the same national exams. The strongest options for 2026-27 are FMS Delhi, JBIMS Mumbai, IIT Roorkee, IIT Kanpur, DBE and DSE at the University of Delhi, SIMSREE Mumbai and more.
All these accept CAT, and JBIMS and SIMSREE also admit through Maharashtra’s CAP counselling on MAH-CET scores, so one strong CAT percentile can keep every college on this list open. Below, you’ll find each programme’s official two-year fee and programmes so, you can shortlist by budget.
Also Read: Top MBA Colleges in India 2026
Top 10 MBA Colleges in India with Low Fees: Fee Comparison
The table below lists each programme with its total two-year fee. Treat it as your starting filter, then read the breakdown that follows to see how each college admits students.
| College | Programme | Total Fee for 2 Years |
| FMS Delhi | MBA (Full-Time) | ₹2,43,272 approx. |
| JBIMS Mumbai | MMS | ₹4,34,289 approx |
| IIT Roorkee – DoMS | MBA | ₹9,68,200 approx |
| IIT Kanpur – DoMS | MBA | ₹2,00,000 (per semester) |
| DBE, University of Delhi | MBA (Business Economics) | – |
| DSE, University of Delhi | MBA | ₹1,07,960 approx |
| SIMSREE Mumbai | MMS | ₹1,38,000 approx |
| UBS Chandigarh | MBA | ₹47,890 approx |
| DTU – Delhi School of Management | MBA (Business Analytics) | ₹4,84,400 approx |
| FMS BHU | MBA | ₹4,20,000 approx |
Fees mentioned above are based on the latest fee information available on the respective institute/university’s official website. Where the latest fee was unavailable, the most recent officially published fee has been mentioned. Fees may vary by programme, category, semester and other applicable charges.
Suggested Readings –
Top MBA Colleges In India Without CAT exam
Top 10 Private MBA colleges in India
CAT Cutoff 2026 For Non IIM MBA Colleges In India
List Of Government MBA Colleges Accepting CAT Scores
Top MBA Colleges to Apply After XAT 2027
Best MBA Colleges in India With Low Fees: Selection & Specialisations
1. FMS Delhi – MBA (Full-Time)
FMS Delhi admits only through CAT. Shortlisting uses a weighted score of 40% VARC, 30% DILR and 30% QA, and women applicants get five extra marks at that stage. Final merit combines weighted CAT (50%), Class X (10%), Class XII (10%), a discussion on your statement of purpose (10%), an extempore (5%) and the personal interview (15%)
2. JBIMS Mumbai – MMS
JBIMS fills its MMS seats through the DTE Maharashtra CAP process and considers MAH-CET, CAT and CMAT scores. Specialisation comes in the second year, with Finance, Marketing, Operations and Supply Chain Management, Human Resources, and Systems and Digital Business on offer.
3. IIT Roorkee, DoMS – MBA
The Department of Management Studies, set up in 1998, admits to its two-year MBA on CAT scores. Students take dual specialisations from areas such as finance, marketing, operations, HR and information technology. At ₹9,68,200, it carries the highest fee on this list, so it suits applicants who want an IIT credential and can clear a CAT-plus-interview process.
4. IIT Kanpur, DoMS – MBA
IIT Kanpur’s official 2026-28 criteria asked general, EWS and OBC applicants for at least 80 percentile in CAT, 65% in Classes X and XII, and 60% in graduation. Shortlisted candidates face a group discussion and personal interview, held in Noida and Kanpur in March 2026, and women applicants receive a gender-diversity multiplier on the final score. The institute lists fees semester by semester rather than as a two-year total.
5. DBE, University of Delhi – MBA (Business Economics)
The Department of Business Economics has taught this MBA since 1973 from the University of Delhi’s South Campus. Its curriculum leans on micro and macroeconomics and quantitative techniques instead of a general-management core, which suits applicants aiming at analytics, economics-driven consulting or finance roles. Admission is through CAT. A consolidated fee could not be verified on the official website, so confirm it in the department’s latest admission notice.
6. DSE, University of Delhi – MBA (IB/HRD/BA)
The Department of Commerce at the Delhi School of Economics runs three MBA streams: Human Resource Development, International Business and Business Analytics. Its official admission advertisement bases selection on CAT score plus Class X and XII marks, requires 50% in graduation, and asks you to apply to the department separately from registering for CAT. The previous cycle charged a ₹2,000 application fee.
7. SIMSREE Mumbai – MMS
SIMSREE has offered the MMS since 1983 as a University of Mumbai programme approved by AICTE. Of its 180 seats, 153 go to Maharashtra candidates and 27 to All India candidates, allotted through CAP rounds. The first semester is common to everyone, and you choose Finance, Marketing, Operations, Systems or HR in the second semester.
8. DTU, Delhi School of Management – MBA (Business Analytics)
The MBA (Business Analytics) at Delhi Technological University focuses on data analytics, business intelligence and quantitative decision-making. Seats are allotted through centralised counselling (CMAC) on CAT, MAT or CMAT scores. It is the right pick for engineers and commerce graduates who want an analytics-heavy MBA in Delhi.
How to Choose Between Low-Fee MBA Colleges
When evaluating low-fee MBA colleges, look beyond the fee structure and consider the entrance score required, admission competitiveness, programme quality, and your own profile. FMS Delhi and JBIMS can be considered ambitious options given their highly competitive cutoffs, while IIT Roorkee, IIT Kanpur, DSE, and DTU offer strong alternatives for candidates with competitive entrance scores. Colleges such as UBS, FMS BHU, and DBE can also be considered depending on your percentile, eligibility, and overall admission profile.
Conclusion
The best MBA colleges in India with low fees reward early preparation: FMS Delhi, JBIMS and the IIT programmes demand top percentiles, while UBS, FMS BHU, DSE and DBE offer strong value at a wider range of scores. Shortlist by cutoff first, then by specialisation, and verify the current fee on each official website before you apply. Start with a CAT 2026 test series to lock in your percentile.
Frequently Asked Questions
Q: Which is the cheapest MBA college in India?
A: Among the programmes with a published fee, UBS Chandigarh is the lowest at ₹47,890 for two years, followed by DSE at ₹1,07,960 and SIMSREE at ₹1,38,000.
Q: Which MBA colleges in India with low fees accept CAT?
A: All ten colleges in this list accept CAT, including JBIMS and SIMSREE, which also take MAH-CET.
Q: What CAT percentile do I need for FMS Delhi?
A: Recent cycles have needed roughly 98 percentile or above, and the final merit also weighs Class X, Class XII, the SOP discussion, extempore and interview.
Q: Are low-fee MBA colleges good for placements?
A: Yes, several low-fee MBA colleges offer strong placement opportunities, but placement outcomes vary across institutes and programmes. Before making a decision, compare the institute’s official placement reports, average and highest packages, recruiter profiles, and placement trends to assess the opportunities available.
