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TOP LOWEST FEES MBA COLLEGES WITH HIGH RoI
INTRODUCTION: TOP LOWEST FEES MBA COLLEGES WITH HIGH RoI
Before knowing about the top lowest fees MBA colleges with high RoI in India let us know what is MBA.
A Master of Business Administration (MBA; also Master’s in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounting, applied statistics, human resources, business communication, business ethics, business law, strategic management, business strategy, finance, managerial economics, management, entrepreneurship, marketing, supply-chain management, and operations management in a manner most relevant to management analysis and strategy. It originated in the United States in the early 20th century when the country industrialized and companies sought scientific management. MBA is a professional degree. In short, The Master of Business Administration (MBA) is a prestigious postgraduate qualification that provides an overview of key business practices and is highly valued by top employers. Now let’s know about the eligibility criteria for doing an MBA – the criteria to seek admission to any of the MBA colleges are more or less the same. Students have to complete their bachelor’s from any stream before applying to MBA colleges. The following points must
be kept in mind –
- One must have completed 10+2+3 patterns or 10+2+4 patterns.
- In graduate studies, candidates must have scored around 50%.
- This undergraduate degree has to be from an institution that is recognized by OGC Act.
Why Do MBA?
The simplest answer to this question is – to fast-track your career. Given the fact that we are inhabiting a world where there is cut-throat competition in the business world and job market, one needs to be equipped with managerial skills and leadership qualities to be able to contribute to the organization in more than one way. If you are an expert in a field, knowing how to manage a business will be an added
advantage. An MBA degree is the key assistant in setting up own business or switching careers. Listed below are a few advantages of an MBA degree:
- Better Career Opportunities
- Higher Salary
- Developing Industry Network
- Develop Management Skills
- Develop Leadership Qualities
- Global Exposure to Business and Economy
- Entrepreneurial Skill Development
As we have known a lot about MBA, let us give our vision more towards the topic that is the top lowest fees MBA colleges with high ROI (return on investment)
What is ROI?
Return on Investment means how much you are earning after completing a course.
- A college with a high course fee but the same salary package as the previous coverage will have a lower ROI than the previous coverage.
- A college with low course fees but high salary packages will have a high ROI. For a student, it is especially important to select an MBA college with a good ROI to ensure that he/she can pay his student loans on time and get the best salary from their degree.
MBA in India is probably the only postgraduate program with a short duration and high return. However, the biggest hurdle in doing MBA from a top MBA college is its high fee, apart from preparing well and scoring high in the entrance exam. So, your dream of doing an MBA from one of the top-ranked MBA colleges depends upon the two basic ingredients – the 2 years MBA fee for the program and the career prospects with current placement trends, in other words – what will be the RoI on your Investment? It will become easier to decide on admission to MBA with the MBA low fee structure available at a glance in top MBA colleges with low fees. It will help you organize your fund arrangement for pursuing the MBA program at one of the top B-schools in India.
India is a great place for students who are looking for affordable and quality higher education, with a rise in demand for graduates and postgraduates who can efficiently understand, evaluate and run the growing businesses, many good colleges have come up with cheap get quality courses in MBA. Metropolitan cities such as Delhi, and Mumbai happen to have some yet affordable MBA colleges with good faculty and outstanding facilities in India.
There are many top lowest fees MBA colleges with high RoI. These MBA colleges with low fees are spread across the country and charge a fee in the range of Rs.50,000 to Rs.10 Lakhs for the complete 2-year full-time residential MBA program as against other top MBA colleges like IIMs, XLRI, MDI, and SPJIMR have a fee structure between 17 lakhs to Rs.24 lakhs.
Now comes the list of top MBA lowest fees colleges with high RoI
TOP LOWEST FEES MBA COLLEGES WITH HIGH ROI
Students are taught well the basics and advanced topics in the field and all groomed to become world leaders in the future. Some of the top cheap MBA colleges in India are spread across the states so that the students can make a choice at their convenience and they d not have to move around and look for colleges and other states.
Top lowest fees MBA colleges with high RoI. These top B-schools in India offering affordable MBA include:-
1. Faculty of Management Studies (FMS), Delhi- Delhi University
It is one of the top lowest fees MBA colleges with high RoI and is a leading business school located in New Delhi, India. It was established in 1954 under Delhi University and is often cited as one of the best business schools in India. It offers a full-time MBA. It also regularly conducts management development programs. The annual fee payable is rs.50000 in two equal installments of rs.25000 each for MBA executive and MBA executive (health care administration) programs.
2.Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai- Mumbai University
Among the top lowest fees MBA colleges with high RoI, It is the department of management of studies of the university of Mumbai. The institute is named after industrialist and philanthropist, Jamnalal Bajaj.
JBIMS offers part-time courses that include:-
- Masters in Marketing Management
- Masters in Finance Management
- Masters in Information Management
- Masters in Human Resource Development and Management
JBIMS has been consistently ranked in the list of the top 10 business schools in India. Economic Times has ranked it at No.9 in India.
The JBIMS MBA fee for a two-year management degree is rs.3lakh per annum. The average package for the 2015-17 batch was 18.4 lakhs, the highest package was 35 lakhs and the lowest was rs.12 lakhs.
3.Sydenham Institute of Management Studies, Research and Entrepreneurship Education
(SIMSREE) , Mumbai, Mumbai University
It is a management study, research, and entrepreneurship education is a management study under the aegis of the university of Mumbai. It has been classified among the top lowest fees MBA colleges with high RoI. It was named after the then-governor of Bombay, cord Sydenham of combe in 1913. SIMSREE was established in 1983 K.S. acted as the first honorary principal of the coverage. It was only in 1942, 28 Yeats after the establishment of Sydenham coverage any other institutes started offering courses in the subjects. If you want a good ROI, SIMSREE has decent placement, great learning, and a wonderful experience. It is one of the few colleges with 100% placements.
The fees structure for MBA in Sydenham, Mumbai is as follows- For open category students: 75k PA for other categories exclude st category: zero For sc category: college is paying 4k to the students for studying Hostel: 50k includes food and lodge Library: 2k deposit, that is refundable.
4. Department of Management Studies (PUMBA), Pune
Established in 1971, The Department of Management Sciences (DMS), Savitribai Phule Pune University (also known as PUMBA or Pune University MBA), is one of the premier business schools in India. It is an autonomous department of the University Of Pune (that was recently renamed the Savitribai Phule University Of Pune) and in between the top lowest fees MBA colleges with high RoI. PUMBA uses scores of CMAT/CAT/ATMA/XAT/MH-CET. The class of 2004 was an important milestone when PUMBA became a fully autonomous institute albeit under the University Of Pune. This change enabled PUMBA to introduce a rigorous trimester-based curriculum, a continuous evaluation system, and an integrated internship immersion experience. MBA++ is the flagship program at PUMBA. The course is covered in 22 months and is distributed over six trimesters. It is a very good college in terms of faculty members and placements. Placements: Almost 95% of the students got placed in MBA
5.University Business School (UBS), Chandigarh
University Business School (formerly, the Department of Commerce and Business Management) has been imparting quality management education to develop dedicated, innovative, and effective managers, researchers, and teachers for four decades. It is included in the top lowest fees MBA colleges with high RoI. The rechristening of the Department of Commerce and Business Management as University Business School (UBS) in 1995 by Panjab University, symbolizes the recognition of the completeness and maturity of the Department as a center of management education in India. The School is well equipped with modern methods of teaching and teaching aids. The coursework is demanding. The performance of the student is continuously evaluated through class participation, written assignments, and class tests in addition to mid-semester and end-semester examinations. It is also one of the colleges of Panjab University that offers a course very less and affordable fees for MBA that is 18000/- approx. per annum.
6. University School of Management Studies (USMS), Delhi
University School of Management Studies (commonly known as USMS) is a graduate ON-CAMPUS business school of Guru Gobind Singh Indraprastha University in New Delhi, India. It is also one of the top lowest fees MBA colleges with high RoI. The school offers a full-time MBA program, doctoral programs, as well as many other management programs. It is currently the only campus Business School under Guru Gobind Singh Indraprastha University. In 1999, the University School of Management Studies (USMS) was founded as one of the several University Schools of Studies under the Guru Gobind Singh Indraprastha University. The School was previously located at the Kashmiri Gate Campus of the university. It has now been shifted to the new West Campus of Guru Gobind Singh Indraprastha University at Dwarka, New Delhi. University School of Management Studies offers a two-year full-time MBA program, which consists of one year of mandatory courses (Required Curriculum) and one year of unrestricted course selection (Elective Curriculum) in which the students can opt for 2 out of 5 specializations (One Major and the other as Minor). An MBA from USMS will not make you job-ready. Placements are also not very good. Companies like Evalueserve, Grail research, Orange, Godrej, Jaro education, To the new, etc have come to the college for placements. The highest package offered is around 7-8 lacs and the average package offered is around 3-5 lacs.
Other Prominent MBA Colleges with Low Fee
Apart from the above top lowest fees MBA colleges with high RoI are other prominent MBA colleges in India with low fees. Some of these MBA colleges with low fees are:
MBA college with Low Fees
- Ambedkar University, Delhi
Rs.3,00,000
- Delhi Technical University (Formerly Delhi College of Engg.)
Rs.3,56,000
- NITIE Mumbai
Rs.14,63,000/-
- SJMSOM-IIT Bombay
Rs.10,08,000/-
- DoMS-IIT Delhi
Rs. 9,60,000/-
Hope this article gives you a clear vision of the top lowest fees MBA colleges with high RoI. MBA will give you a fantastic career, a great social life, and a healthy bank balance. MBAs are earned throughout the process, not after it is completed. Therefore, the road to success starts today.
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