MBA Colleges in Bangalore with Low Fees

The cost is one of the most important things that students think about when they want to get an MBA. Although Bangalore is famous for its top business schools and business ties, it also has a number of good MBA schools with low tuition costs that don't skimp on quality. If you want to get an MBA without spending a lot of money, this blog will talk about some MBA colleges in Bangalore with low fees and why they are a good choice for students who want to get the most for their money.

This detailed guide will help you in selecting MBA programs that are easy on the wallet, as well as the list of the cheapest MBA colleges in Bangalore, along with their fee and other information.

Why Choose Bangalore for an MBA?

Before diving into the list of affordable colleges, let’s understand why Bangalore is a popular choice for MBA aspirants:

1. Corporate Exposure: Being a tech and business hub, Bangalore provides ample opportunities for internships, live projects, and networking with industry leaders.
2. Startup Ecosystem: For those interested in entrepreneurship, the city offers mentorship programs and funding opportunities.
3. Quality Education: Home to prestigious institutions and universities, Bangalore boasts a robust academic environment.
4. Vibrant Culture: The city’s cosmopolitan culture ensures a balance of academic and recreational activities, enriching the student experience.

List of MBA Colleges in Bangalore with Low Fees

Here is a carefully chosen list of some of the best MBA schools in Bangalore that offer good education at reasonable prices:

1. Dayanand Sagar University

• Program: MBA (Full-time)
• Total Fees: ₹6 Lakhs
• Highlights: The two-year MBA program at Dayananda Sagar University prepares students for leadership roles in the digital age by emphasizing practical learning through business simulations, group projects, and industry exposure. It places a strong emphasis on ethical business practices and entrepreneurial skills.
• Placements: The highest package was ₹30 LPA while the average package was ₹5 LPA, with top recruiters like L&T, Amazon, Accenture & many more.

2. Dr. Ambedkar Institute of Technology

• Program: MBA (Full-time)
• Total Fees: ₹1.30 Lakhs
• Highlights: Through a combination of theoretical knowledge and real-world experience, the Dr. Ambedkar Institute of Technology's MBA program focuses on fostering managerial skills, industrial preparation, and entrepreneurial ability.
• Placements: The average package for the Dr. Ambedkar Institute of Technology's MBA program is between ₹2-3 LPA, with the maximum package being approximately ₹7 LPA. Some of the recruiters are: Philips, Bosch, Toyota, IBM, Jaro Education.

3. Presidency College

• Program: MBA (Full-time)
• Total Fees: ₹6 Lakhs
• Highlights: MBA Program at Presidency College is designed to equip students with essential management skills while providing them with a robust academic foundation and practical experience, making it a competitive choice for aspiring business leaders.
• Placements: With the largest package reaching up to ₹12 LPA, the average income that was provided to MBA graduates for the placements that took place in 2023 was roughly ₹4.93 LPA.

Top recruiters were: KPMG, India Mart, OLA Electric, UpGrad, Puma & many more..

4. New Horizon College of Engineering

• Program: MBA (Full-time)
• Total Fees: ₹5 Lakhs
• Highlights: NHCE's MBA program provides a robust framework for aspiring business leaders, combining academic rigor with practical exposure to ensure graduates are well-prepared for the competitive job market.
• Placements: The college boasts a strong placement record, with the highest salary package reaching around ₹7 LPA and a median package of approximately ₹5.5 LPA. Notable recruiters include companies like Capgemini, EXL, MU Sigma, Flexcar.

5. M P Birla Institute of Management

• Program: MBA (Full-time)
• Total Fees: ₹4 Lakhs
• Highlights: As a prominent option for prospective management professionals in Bangalore, MP Birla Institute of Management provides a thorough MBA program with strong placement prospects and an emphasis on hands-on learning.
• Placements: For MBA graduates, the median annual pay is roughly ₹5 LPA, while the highest annual pay is ₹8 LPA
  A number of companies, including Accenture, Amazon, and the Aditya Birla Group, are among those that recruit from the institute.

6. Surana College

• Program: MBA (Full-time)
• Total Fees: ₹5 Lakhs
• Highlights: It provides a thorough Master of Business Administration (MBA) program that aims to give students the leadership and management abilities they need to succeed in the corporate world.
• Placements: The maximum pay package reported for MBA graduates from Surana College is ₹5.5 LPA while the average pay package was ₹3.50 LPA.
  Companies like Infosys, HDFC Bank, and Amazon are among the top recruiters that work with the college and are actively involved in the hiring process.

7. Don Bosco Institute of Technology

• Program: MBA (Full-time)
• Total Fees: ₹4 Lakhs
• Highlights: The extensive Master of Business Administration (MBA) program offered by Don Bosco Institute of Technology (DBIT) is intended to equip students for leadership positions in the fast-paced corporate world. Through workshops, seminars, and other certification programs, professional growth is always being supported.
• Placements: The MBA program at Don Bosco Institute of Technology (DBIT) has a good track record of getting its grads jobs. The maximum package to MBA graduates from DBIT is roughly ₹24 LPA, while the average package was ₹4 LPA.

8. Sambhram Academy of Management Studies

• Program: MBA (Full-time)
• Total Fees: ₹2.50 Lakhs
• Highlights: The curriculum is designed to offer a rigorous and modern education, which encompasses essential courses, elective courses, and project-based training. Additionally, by emphasizing a global perspective, the program equips students for a variety of corporate roles.
• Placements: The highest reported annual compensation package for SAMS MBA graduates was ₹28 LPA, while the average compensation package was ₹10 LPA. These numbers demonstrate the robust industry ties and professional guidance offered by Sambhram Academy of Management Studies, which helps its MBA graduates achieve success.

9. St. Xavier College

• Program: PGDM (Full-time)
• Total Fees: ₹5 Lakhs
• Highlights: "Pay After Placement" is how the PGDM program at Xavier College works. This means that students don't have to pay fees until they find work. Through workshops conducted by professionals in the field, industrial visits, and internships, the program places a strong emphasis on hands-on learning.
• Placements: There is a placement cell at the college that helps companies hire people from different fields. This makes sure that students can find a wide range of job possibilities. The highest salary offered for St. Xavier's College MBA graduates was approximately ₹10 LPA, while the average salary was ₹4.50 LPA.

10. The Oxford College of Business Management

• Program: MBA (Full-time)
• Total Fees: ₹4.50 Lakhs
• Highlights: The Oxford College of Business Management in Bangalore has a Master of Business Administration (MBA) program that is designed to make skilled workers ready for work in businesses. Students can choose to specialize in two areas at the same time, which lets them tailor their education to specific job goals.
• Placements: The Oxford College of Business Management has a good track record of getting students jobs. Many top companies hire from the school, which include: NTT Data, TCS, Himalaya, Flipkart and many more..
  The highest salary package was ₹10 LPA and the average salary package was ₹5 LPA.
   

Key Features of Low-Fee MBA Colleges

1. Affiliations and Accreditations: Most of these colleges are affiliated with reputed universities like Bangalore University or are autonomous institutions with NAAC accreditation, ensuring quality education.
2. Scholarships: Many colleges offer scholarships based on merit, economic background, or category reservations, further reducing the financial burden.
3. Industry Exposure: Despite low fees, these colleges ensure students get practical exposure through internships, live projects, and guest lectures.
4. Placement Support: With dedicated placement cells, these colleges strive to place students in top companies, ensuring a good return on investment (ROI).

How to Choose the Right College?

Selecting the right MBA college involves multiple considerations beyond just the fee structure:

1. Specializations Offered: Choose a college that provides your desired specialization. Popular options include Marketing, Finance, HR, Business Analytics, and Operations.
2. Placements: Look at the college’s placement record, average package, and recruiting companies.
3. Faculty: Check the qualifications and experience of the teaching staff.
4. Location and Infrastructure: Proximity to business hubs and modern facilities can enhance your MBA experience.
5. Student Reviews: Alumni and current student reviews can provide valuable insights into the college's environment and opportunities.

Benefits of Low-Fee MBA Programs

1. Cost-Effective: Reduced financial pressure compared to high-fee institutions.
2. Focus on Value Education: These colleges prioritize quality learning over extravagant facilities.
3. High ROI: Affordable fees coupled with decent placement packages ensure a quick return on investment.
4. Diverse Peer Group: Students from various backgrounds contribute to a rich learning environment.

Tips for Financing Your MBA

If affordability is a concern, here are some tips to manage your MBA expenses:

1. Scholarships and Grants: Apply for scholarships offered by colleges, government schemes, or private organizations.
2. Education Loans: Explore education loan options with low-interest rates and flexible repayment terms.
3. Part-Time Jobs: Bangalore’s thriving job market offers opportunities for part-time work during your MBA.
4. Internships: Opt for paid internships to offset your expenses while gaining industry experience.

Conclusion

Getting an MBA is a great way to start a successful job in management, and doing it in a lively city like Bangalore makes it even more valuable. High-end schools usually charge a lot of money, but there are a few colleges in Bangalore that offer good education at reasonable prices.

If you pick the right college and use financial aid choices, you can get your MBA without having to worry about money. In Bangalore's fast-paced business world, your job goals can come true if you work hard, get the right skills, and get an MBA.

So, start your journey today by researching these affordable MBA colleges in Bangalore and making an informed decision.

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Mujahid Tafseer

Mujahid Tafseer is a dedicated guide for management students, bringing a wealth of knowledge and expertise to his role. He holds an MBA from JSS Academy of Technical Education, Noida, and a B.Com from Mohammad Ali Jauhar University, Rampur. Mujahid is passionate about helping students navigate the complexities of management studies and achieve their academic and career goals.