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Average fees of good MBA colleges in Mumbai
Master of Business Administration is a 2-year degree program which incorporates the areas like marketing, finance, accounting, operations, management, and statistics. More and more students have been showing interest in the MBA degree program over the years. The field of business is emerging rapidly. The MBA colleges in Mumbai have seen a major number of enrolments.

With the growing exposure, students are learning the significance of an MBA degree program. In addition, they consider colleges with an affordable fee structure. The lists of some of the best MBA colleges in Mumbai with fees are listed below:
College:
N.L Dalmia Institute of Management Studies and Research was established in 1995 and is associated with the University of Mumbai. It is a private university approved by the AICTE and accredited by NAAC. It has won a number of awards like Top Business Schools in Maharashtra, Excellence in B-school business education, Excellence in Infrastructure, and the Best Placement Brochure award. Moreover, the institute offers two specialisation courses, namely the Marketing course and Finance course. It operates admissions through CAT, CET, and XAT examinations. A minimum aggregate of 55% is required to qualify the exam.
Average Fees (In rupees): 70,000 to 1, 80,00
College:
Tata Institute of Social Sciences is a deemed university which was established in 1936. Earlier, it was known as Sir Dorabji Tata Graduate School of Social Work. The institute comprises of three other campuses in Hyderabad, Guwahati, and Tuljapur. It has been recognised by the University Grants Commission and is accredited by the NAAC. The admission process is conducted by the TISS-NET (National Aptitude Test) and TISS-RAT (Research Aptitude Test) entrance exams. It offers a number of departments that are categorised into various subjects like Human Ecology, Habitat Studies, Social Science, Media and Cultural Studies, Research Methodologies as well as Development Studies.
Average Fees (In rupees): 1, 50,000 to 2, 16, 700
College:
Shailesh J. Mehta School of Management, IIT Bombay is an open business school and a part of the IIT group. It was established in 1995. SJMSOM offers an MBA degree program, Executive MBA degree program, and a PhD program. The admission process is followed through CAT, GATE, and GRE scores. The campus of the institute is spread over 550 acres of land. Moreover, the institute has been ranked 23rd among India's Best B-schools in India by Business Today Magazine.
Average Fees (In rupees): 3,00,000 to 4, 13, 750
College:
Jamnalal Bajaj Institute of Management Studies is an open institute that offers postgraduate and doctoral degree programs. It was established in 1965 and is affiliated to the University of Mumbai. The admission procedure is followed through CAT, MAT, GMAT, CMAT, and ATMA scores. The campus of the college is spread across 1.77 acres of land. Also, it is associated with the Stanford University and Graduate School of Business which offers a great opportunity for a student exchange program where students are provided with the best of knowledge, practical experience and exposure to the industry.
Average Fees (In rupees): 4, 50, 000 to 6, 00, 000
College:
National Institute of Industrial Engineering is an open business institute which is recognised by the Ministry of HRD. It was established in 1963 and is counted among the fifteen centres of excellence along with the IIMs, IITs, as well as IISC. The institute is approved by the AICTE. NIIE follows the CAT and GATE score in its admission process. Moreover, it has been ranked twelfth by the National Institute Ranking Framework (NIRF) and thirteenth by Business Today Magazine. The institute is among the best MBA colleges in Mumbai.
Average Fees (In rupees): 5, 00,000 to 6, 62, 000
All of these MBA colleges in Mumbai are known to be the best MBA colleges with affordable fees. The fee structure is one of the top parameters that the students consider while looking for some of the best MBA colleges in Mumbai.
Check out top MBA colleges in Mumbai at https://www.shiksha.com/mba/ranking/top-mba-colleges-in-mumbai-all/2-2-0-10224-0
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