Top MBA Colleges in India with Low Fees: The Lowest Fee MBA colleges
- Department of Management Studies (DMS) IIT
Department of Management Studies or DMS IIT Delhi is one of the top 5 management colleges in the country. The college successfully replaced IIT Kharagpur in GOI’s Ministry of Educations NIRF Top Management colleges Ranking 2023. IIT Delhi has been ranked 5th by NIRF 2023 among the top management institutes in India. DMS IIT Delhi is also ranked at 14th by IIRF 2023. DMS IIT Delhi is an AACSB (The Association to Advance Collegiate Schools of Business) certified B-School.
DMS IIT Delhi is known for its flagship full-time MBA and MBA Telecom programs. Admission to these courses is entrance based. The college accepts CAT Score and the application can be filled online by visiting the DMS IIT Delhi website. The minimum cutoff for MBA and MBA Telecom Program at DMS IIT Delhi is 90 percentile. However, the actual cutoff for admission remains around 98-99 percentile.
DMS IIT Delhi Quick Facts
- DMS, IIT Delhi ranks at 5th position with a 74.14 overall score in NIRF 2023 Ranking.
- The College is ranked at 14th with an Overall Score of 870.43 in IIRF 2023 Ranking.
- The total program fees payable by MBA 2024-2026 at DMS IIT Delhi is INR 11.20 Lakhs.
- MBA Admission cut-off reaches as high as 99 percentile as DMS IIT Delhi releases its PI shortlist.
- The highest package stood at INR 41.13 LPA whereas the average package stood at INR 25.82 LPA.
DMS IIT Delhi Rankings
DMS IIT Delhi has secured 5th position in NIRF 2023 ranking, and 14th position in IIRF 2023 ranking
Ranking |
Year |
Ranked at |
NIRF
|
2023
|
5
|
IIRF
|
2023
|
14
|
Business Today Ranking
|
2023
|
16
|
Times B School |
2022
|
26
|
India Today Group MDRA
|
2021
|
9
|
QS World University Rankings (Business & Management Studies)
|
2021 |
132
|
DMS IIT Delhi Placements
IIT Delhi MBA Placements 2023 final report is released with 100% placements recorded. IIT Delhi MBA highest package stood at INR 41.13 LPA whereas IIT Delhi MBA average package stood at INR 25.82 LPA. The highest number of offers came from the IT & Analytics (24.5%) & Sales & Marketing (22.1%) domains. The below table represents the highlights of DMS IIT Delhi Placements 2023:
Particulars Placements Statistics 2023
Placement Percentage 100%
Highest Package INR 41.13 LPA
Mean Package INR 25.82 LPA
Median Package INR 24.45 LPA
Mean Package of Fresher’s INR 24.01 LPA
Top Industry IT& Analytics, Sales & Marketing
Top Companies Accenture, Adani, Amazon, Capgemini, Barclays, Dell etc
- Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai
JBIMS Mumbai - Jamnalal Bajaj Institute of Management Studies is an autonomous govt B-School which was established in 1965. JBIMS is known for its rich Legacy, strong Alumni Network & High ROI. JBIMS is ranked 10th by IIRF 2023 in Management Category and it has also been ranked 22nd by Business Today Ranking 2023. JBIMS Mumbai offers MMS, MSc, and PhD courses. Students prefer JBIMS primarily for its finance-related courses.
JBIMS Quick Facts
- JBIMS offers MMS as its flagship program and accepts admissions through CAT / MAH CET. The fees for MBA at JBIMS is INR 6 lacs
- JBIMS average package stood at 28.02 LPA whereas JBIMS highest package stood at INR 35.75 LPA.
- JBIMS is known for its strong foothold in BFSI domain and has a rich alumni base especially in Finance. For this reason it is also known as the “CEO Factory of India”
- It is the 9th ranked B-School in India in terms of average salary for the batch of 2022, ahead of IIM Indore, IIFT, DMS IIT Delhi and SJMSoM
JBIMS Cutoff
JBIMS CAT cutoff for MMS is 95 while for MAH-CET it is 99.99. JBIMS accepts CAT / MAH-CET scores for Admission to its MMS Program
Category |
CAT Percentile |
General |
95 |
Reserved (SC/ST/OBC) |
75 |
Physically Disabled |
75 |
PIO / Children of Workers in Gulf Countries |
85 |
JBIMS Admission Process
Admission Stage |
Remarks |
CAT / MAH-CET |
Candidates are required to take CAT / MAH-CET before applying to Admission to JBIMS |
Shortlist of Candidates |
Candidates are shortlisted based on their CAT / MAH-CET scores for further Selection |
CAP Round |
Shortlisted Candidates are called for Selection through Common Admission Process (CAP Round) |
Final Selection |
Final Selection is based on Candidate’s Entrance Exam Scores, Academic Scores, Work Experience, Diversity, Group Discussion, Personal Interview and Writing Ability Test |
JBIMS Placements
JBIMS Placements 2023 report is released with the highest package of INR 35.75 LPA & an average package of INR 28.02 LPA. More than 55 recruiters participated in the placement drive
No of Recruiters |
55 |
PPOs/PPIs Offered |
132 |
Highest Package |
INR 35.75 LPA |
Average Package |
INR 28.02 LPA |
Median Package |
INR 27.6 LPA |
Popular Domains |
BFSI & Consulting |
Top Recruiters
(Domain-) |
Accenture, Adani, Cisco, Deloitte, EY |
JBIMS Summer Internship 2024
JBIMS M.Sc Summer Internship Placements for 2024 is as follows:
Particulars |
Internship Statistics (2022-24) |
Highest Stipend |
INR 2.5 Lakhs |
Average Stipend |
INR 85,300 |
Median Stipend |
INR 70,000 |
Roles Offered |
Equity Research, Investment Banking, Business Consulting |
Top recruiters |
Axis Finance, Kotak Bank, Vedanta |
- Anna University - Department of Management Studies, Chennai
Anna University is a government university located in Chennai, Tamil Nadu. It is recognized by the UGC as a “University with Potential for Excellence” (UPE) and accredited with an ‘A’ grade by the NAAC. As per the NIRF 2023 rankings, Anna University is the 18th best university to study in India. Anna University offers 29 UG, 90 PG, and Doctorate level courses under 8 faculties and over 30 departments on its campus. Additionally, it offers more than 100 Degree and Diploma courses through its 593 affiliated colleges that have over 7.2 lakhs students enrolled.
There is a significant rise in Anna University placement statistics during 2022 placements drive. The university witnessed an increase of 53.15% in the number of job offers made during the 2022 placement drive as compared to 2021. The university also recorded a rise of 16.66% in the average package and 18.33% in the number of visiting companies. The highest salary package offered was INR 36 LPA and the average package stood at INR 7 LPA. Anna University has also collaborated with 35 international universities for student exchange programs to provide better opportunities to its students.
Anna University placements 2022 statistics are as follows:
Particulars |
Placement Statistics 2022 |
Increase in number of offers |
53.15% |
Total Offers |
1700 |
Increase in Visiting Companies |
18.33% |
Total companies visited |
142 |
Increase in average package |
16.66% |
Highest Package |
INR 36 LPA |
Average Package |
INR 7 LPA |
Some of the top companies participating in Anna University’s placement drives are:
Ranbaxy Laboratories |
Saint Gobain Glass |
Wipro |
Accenture |
Ashok Leyland |
General Motors |
Infosys |
Maruti Suzuki |
Anna University Notable Alumni
Anna university has been home to some notable personalities. Several popular Indian names have graced the campus of the university and are an epitome to the leaders that the university is capable of nurturing. Some of the top alumni members are mentioned below:
- Dr. A. P. J. Abdul Kalam: Former President of India
- Shiv Nadar: Founder and Chairman emeritus of HCL Technologies Limited
- Natarajan Chandrasekaran: Chairperson of the Tata Group
- Verghese Kurien: Entrepreneur, Known as the "Father of the White Revolution" in India
- Kailasavadivoo Sivan: Indian space scientist, Former Secretary of the Department of Space and chairman of ISRO
- Akkineni Nagarjuna Rao: Indian actor, Film Producer, Television Presenter, and Entrepreneur
Anna University Fees & Eligibility
MBA ₹41,000 (1st Year Fees) - Graduation with 50% TANCET
Xavier Institute of Social Service (XISS), Ranchi:
Total fees at XISS Ranchi for MBA Program is approx INR 8 lacs - INR 9 lacs.
Xavier Institute of Social Science (XISS) Ranchi, established in 1955, is managed and governed by the Society of Jesus – more popularly known as “Jesuits”. It offers PGDM course in five specializations The highest package offered to the student of PGDM was INR 14.5 LPA while the average package went up to INR 5.14 LPA.
During XISS Ranchi 2023 placement drive, a total of 224 students were placed and 10 students received a pre-placement offer. XISS Ranchi average package stood at INR 9.40 LPA and XISS Ranchi highest package stood at INR 20.50 LPA.
Students received placement offers from reputed recruiters like Deloitte, EY, ICICI Bank, Yes Bank, and many others.
XISS Ranchi Highlights
Official website |
https://www.xiss.ac.in |
Affiliation |
AICTE |
Courses |
PGDM |
Accepted Exams |
CAT/XAT/CMAT |
Mode of Admission |
Online |
XISS Ranchi Courses
Xavier Institute of Social Services (XISS) offers admission to Postgraduate Diploma Management under 5 specializations
- HRM
- FM
- Operation Management
- Rural Management
- Information Technology
- Marketing
Course: Postgraduate Diploma in Management
- Duration: 2 years
- Specialization: HRM, FM, Operation Management, Rural Management, Information Technology, Marketing.
- Eligibility: Graduation with above 50% marks in any stream.
- Selection Criteria: performance in the CAT/XAT/CMAT Entrance Exam
XISS Ranchi Placements 2023
Pre-Placement Talks are conducted for the final-year students before the commencement of the placement sessions every year. The institute recently completed its 2023 placement drive. The major placement highlights are mentioned below:
- Number of students placed: 224
- Number of Pre-placement offers: 10
- Number of students opted out: 9
- XISS Ranchi Average Salary: INR 9.40 LPA
- XISS Ranchi Highest Salary: INR 20.50 LPA
Programs |
Number of stud Number of students placed placed |
Highest CTC |
Human Resource Management |
62 |
INR 20.50 LPA |
Rural Management |
52 |
INR 13 LPA |
Financial Management |
53 |
INR 17.50 LPA |
Marketing Management |
57 |
INR 17.98 LPA |
Opting for such institutions not only provides a cost-effective way to pursue an MBA but also ensures that deserving candidates can access top-notch education, empowering them to achieve their career ambitions without compromising on the quality of learning.