There are thousands of students in our country who wish to pursue admission in business administration but due to high tuition fees, many of the students lack to chase their dream. MBA courses require quite a huge investment along with immense hard work. Even today, many candidates are not able to take admission to a B-school even after getting high grades in the entrance tests. This is because MBA is regarded as one of the most expensive courses to study in the country. In most colleges, a two year full-time MBA course would cost you around 16 to 20 lakhs which is quite unaffordable for the students who come from lower-middle-class families.
However, this isn’t the story of all MBA colleges. There are several colleges that are known to provide quality education to its students at a reasonable course fee. Here, we have listed some of the top MBA colleges in Delhi NCR which you should check out if you are willing to study an MBA in India.
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When it comes to affordable B-schools in India, FMS Delhi is definitely in the league. It functions under Delhi University. The yearly tuition fee is Rs 10,000 and the total expenses do not exceed 1 lakh. The faculties of this college mainly focus on imparting knowledge related to business education to its students so that they become unbeaten in their respective fields. The college has excellent placement records, the average salary offered to be over 20 lakhs. The college is quite selective about its selection process. It accepts students who have over 98 percentile score in CAT.
Department of Financial Studies, Delhi University
Department of Financial Studies is one of the most sought-after B-schools in India. It is popular mainly due to its low tuition fee and excellent placement facilities. This college is perfect for the candidates who wishes to build a career in the business domain. It offers two years of full-time MBA program to its students in two domains which are Financial Management and Business Economics. The average tuition fee for this institute is Rs 26,000. Placement opportunities are also quite decent and the average placement package ranges between 10 to 12 lakhs.
IIBS Noida: International Institute of Business Studies
Situated at a beautiful location, IIBS is known to produce some of the best managers of the country. The campus is located away from the city and has excellent facilities for the students. The college has been known to provide excellent placements to its students. Over 3000 companies visit the campus placement of the students. The candidates are accepted through entrance tests like CAT, XAT, CMAT, etc. The duration of the course is 2 years. 50 % of the seats are reserved for female candidates. The course fee is around Rs. 4,45,000 lakhs for two years.
Jagannath Institute of Management Sciences (JIMS)
JIMS is known for its low fee structure, high legacy, and incredibly good placement opportunities. The college provides various facilities to the students like audiovisual rooms, spacious conference rooms, a sports complex, and medical facilities. A number of renowned companies visit the campus every year. The course fee is around 2.5 lakhs.
This college is known to provide excellent facilities to its students and is one of the best MBA colleges in Delhi. The MBA department at IIT Delhi was established in 1978. It has a highly experienced faculty. Some of the popular courses offered by the institute include MBA and Executive MBA. A two-year full-time MBA program will cost you around 8 lakhs which is quite affordable as compared to the private MBA colleges. Placement opportunities are also quite good. The students can take admission in DMS, IIT Delhi through CAT.
Indian Institute of Foreign Trade (IIFT), New Delhi
IIFT is well known for its quality education as well as 100% placement facility. Some of its popular recruiters are Flipkart, J.P Morgan, Goldman Sachs and many more. The institute aims to transform the world with the power of education. The institute is ranked 31st by the National Institutional Ranking Framework (NIRF) among the top B-schools in the nation. IIFT offers an MBA program at an affordable fee. The total fee would be close to around 3.5 lakhs annually. Its entrance criteria include securing high grades in the entrance test conducted by the college itself.