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MBA Colleges In Bangalore With Low Fees, 2024

Bangalore, often referred to as the Silicon Valley of India, is a major hub for higher education, particularly in the fields of management and technology. For those aspiring to pursue an MBA without breaking the bank, there are numerous MBA colleges in Bangalore with low fees that offer quality education, excellent infrastructure, and impressive placement records. 

In Bangalore, around 300 MBA colleges are offering full-time MBA programs. Of them, 13 MBA colleges are held by the state or government, while 238 MBA schools are privately owned. 

The entrance examinations that top MBA schools in Bangalore accept the most include the Karnataka PGCET, KMAT, and MAT. 

The most well-known MBA programs in Bangalore include IIM Bangalore, Christ University, Alliance University, Welingkar Bangalore, St. Joseph’s Institute of Management, etc.

This article will provide an in-depth look at the best MBA colleges in Bangalore with low fee options, along with important details like eligibility criteria, placements, and more.

Highlights of MBA colleges in Bangalore with Low Fees

When looking for an MBA college in Bangalore with low fees, several key aspects should be considered, such as the institution’s reputation, faculty, infrastructure, placement records, and overall return on investment (ROI). 

Below is a table highlighting some of the key features of MBA colleges in Bangalore with low fees.

FeaturesDetails
No of. colleges300+
Annual Fees INR < 1 lakh: 12 collegesINR 1-2 lakh: 84 collegesINR 2-3 lakh: 18 collegesINR 3-5 lakh: 55 collegesINR > 5 lakh: 113 colleges
Average Fee RangeINR 50,000 to INR 5 lakhs
Average Placement PackageINR 4 lakhs to INR 10 lakhs
Popular SpecializationsFinance, Marketing, HR, Operations, IT
Entrance Exams AcceptedCAT, MAT, CMAT, KMAT, PGCET
AccreditationsAICTE, UGC, NAAC, NBA
Top Recruiters Infosys, Wipro, TCS, HCL, Amazon, Deloitte

Why You Should Think About Top Cheap MBA Colleges in Bangalore

Opting for the MBA colleges in Bangalore with low fees doesn’t mean compromising on quality. These institutions often provide a solid foundation in management education at a fraction of the cost compared to some of the more expensive options. 

Here are some reasons why you should consider an MBA college in Bangalore with low fees: 

  1. Affordable Education: The primary advantage is affordability. These colleges allow students from various economic backgrounds to pursue their MBA at an affordable cost.
  2. Excellent ROI: Despite the low fees, many of these colleges have strong placement records, ensuring a good return on investment. The average starting salary often exceeds the total fees paid for the program.
  3. Various Specializations: Even at lower costs, these colleges offer a variety of specializations in fields like finance, marketing, human resources, Operations and IT, ensuring students can tailor their education to their career goals. 
  4. Industry Exposure: Located in Bangalore, a city bustling with corporate activity, students at these colleges get so many opportunities for internships, live projects, and networking with industry professionals.
  5. Quality Education: Many of these affordable MBA colleges in Bangalore are accredited by recognized bodies like AICTE, UGC, and NAAC, ensuring that the quality of education meets national standards.

Eligibility Criteria: Top Cheap MBA Colleges in Bangalore

The eligibility criteria for getting admission in the MBA colleges in Bangalore with low fees are generally straightforward. However, it’s important to fulfill the eligibility criteria for getting admission. 

  • Applicants should complete their bachelor’s degree in any stream with a recognized university. 
  • The course duration of a bachelor’s degree must be at least 3 years. 
  • Candidates must have completed a bachelor’s degree with 50% aggregate marks. 
  • In the final year of a bachelor’s degree, candidates are also eligible to apply for admission to a master’s degree.

List of MBA colleges in Bangalore with Low Fees

Below is the table listing the best MBA colleges in Bangalore with low fees, along with their approximate fee structure and the entrance exams they accept.

College Name Total Fees (approx)Entrance Exams Accepted
Government RC College of CommerceINR 60,000PGCET and KMAT
Bangalore UniversityINR 75,000CAT, PGCET
Ramaiah Institute of ManagementINR 1.25 lakhsCAT, MAT, CMAT, PGCET
KLE Society’s Institute of ManagementINR 1.5 lakhsCAT, MAT, CMAT, KMAT
Institute of Finance & International Management (IFIM)INR 2 lakhs CAT, MAT, CMAT, PGCET
Acharya Institute of Management and Sciences (AIMS)INR 2.5 lakhsCAT, MAT, CMAT, PGCET
Indus Business AcademyINR 3 lakhsCAT, MAT, CMAT, PGCET
Alliance School of BusinessINR 3.5 lakhsCAT, MAT, XAT, CMAT
Dayananda Sagar College of ManagementINR 4 lakhsCAT, MAT, CMAT, KMAT

Cheapest MBA Colleges to Study MBA Course in Bangalore—Placement

An important consideration while selecting MBA colleges in Bangalore with low fees is the placement opportunities provided by the institution. 

Many affordable MBA colleges in Bangalore have established robust placement cells that collaborate with top companies across various industries. 

Below are some of the cheapest MBA colleges in Bangalore and their placement highlights:

  • Government RC College of Commerce: Despite its low fees, this government institution boasts a decent placement record, with companies like Infosys and Wipro frequently recruiting from its campus. The average package offered is around INR 4-5 lakhs per annum.
  • Bangalore University: Known for its academic rigor, Bangalore University offers MBA graduates an average placement package of INR 5-7 lakhs per annum, with top recruiters including TCS, HCL, and Amazon.
  • Ramaiah Institute of Management: With an average placement package of INR 6–8 lakhs per annum, Ramaiah Institute is a top choice for students looking for MBA colleges in Bangalore with low fees. Companies like Deloitte, KPMG, and PwC are regular recruiters.
  • KLE Society’s Institute of Management: This college has a strong placement cell with an average package of INR 4-6 lakhs per annum. Top recruiters include Accenture, Cognizant, and ICICI Bank.
  • Institute of Finance & International Management (IFIM): Offering an average package of INR 6–8 lakhs per annum, IFIM attracts recruiters like Capgemini, EY, and IBM.

Conclusion

Choosing an MBA college in Bangalore with low fees doesn’t mean compromising on quality. 

With a variety of options available, students can pursue a management degree that offers excellent education, industry exposure, and strong placement opportunities without incurring high financial burdens. 

Whether you are looking for government institutions or private colleges, Bangalore offers something for everyone, ensuring that you can find a program that aligns with your career aspirations and budget. For more information visit : collegedunias


Frequently Asked Questions 

1. What is the average fee for an MBA college in Bangalore with low cost?

The average fee for an MBA college in Bangalore with low fees ranges from INR 50,000 to INR 5 lakhs, depending on the institution and the specialization chosen.

2. Which entrance exams are commonly accepted by affordable MBA colleges in Bangalore?

Most affordable MBA colleges in Bangalore accept entrance exams such as CAT, MAT, CMAT, KMAT, and PGCET.

3. Are placements good in MBA colleges in Bangalore with low fees?

Yes, many MBA colleges in Bangalore with low fees have robust placement cells that attract top recruiters from various industries, offering average packages ranging from INR 4 lakhs to INR 10 lakhs per annum.

4. Is it worth pursuing an MBA from a low-fee college in Bangalore?

Yes, pursuing an MBA from a low-fee college in Bangalore can be a good decision, especially if the college has good placement records and accreditation from recognized bodies.

5. Can I get scholarships in MBA colleges in Bangalore with low fees?

Yes, many MBA colleges in Bangalore with low fees offer scholarships based on merit, financial need, or specific criteria set by the institution.

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