Comprehensive Info on Fees Structure of MBA

As they say, all good things carry a price! The same holds true for a quality MBA education from a top B school in India. When you start comparing the fees structure of MBA is found to vary, and many schools are known for the hefty amount of fee the students have to pay. The MBA schools charge for the education they provide, the infrastructure, the faculty members, and other facilities given to the student for the two years.

Fees Structure of MBA | Image Resource : gbuadmissions.in

Fees Structure of MBA

One of the crucial factors for selecting a Business school is not just its reputation and location, but also the MBA fee structure. As an MBA aspirant, you should know that the fees can be as high as more than twenty lakhs in some institutes like IIIMs. For others, it can hover between five to fifteen lakhs or so. There are some institutes like NIT Warangal, SJMSoM, IIT Bombay, and ABV- Indian Institute, where the fees are around two lakhs.

It is seen that the fee structure for Distance MBA colleges is a lot less and can vary from Rs 50,000 to 1.5 Lakhs. And, many government universities such as Anna University charge even lower for the distance education courses for MBA. Thus, the fees for distance MBA is a lot more affordable when compared to private and full-time colleges.

MBA aspirants, working hard to get in one of the top B schools like IIM or ITM, should get aware of the fee structure of MBA. After all, it can be a crucial factor for selecting the right B-School. For many families, it is simply not viable to pay those hefty fees. Hence, choose a good B school based on your capacity to pay and the quality of education. It is essential to strike the right balance as completing an MBA from just any B school that has a lower fee would be of no use.

ITM schools are very popular for MBA courses because of the quality education and the affordable fee structure. Plus, the ITM group of colleges are also favoured because of the handsome scholarships they offer to the MBA aspirants. It is easy for the students to deposit their fees semester wise and take advantage of the integrated learning atmosphere and other facilities.

Contact the admission counsellor at ITM today and learn more about the MBA courses and fee structure. Pay a visit to the centre that is nearest to your location.