The Fee Structure of different colleges regarding the MBA course varies partially on the larger picture. The cost of the two year post graduate program also varies depending on the quality and reputation of the institute. The cost in pursuing an MBA in India ranges from as low as 2 Lakhs Rupees to somewhere around 13 lakhs rupees. As a matter of fact, India is the home of over 16,000 B-schools that have their own independent fee structure. Thus, the variety in fees is quite understandably large.
In India, the B-schools can be categorized as class A, class B and class C.
The class A institutes are the best institutes offering courses in MBA in India. One of the primary examples of such an institute will be the Indian Institute of Management (IIM). IIM has 7 branches in the entire country which admit into their institutes only the best of all students. As a result, the fee structure is also on the higher side. In order to pursue MBA from IIM, students have to shell out some 12 lakh bucks. However, it is heard that the IIMs are going to raise their fees once more and now the students may have to spend around 15 lakhs to study in these prestigious institutes.
The class B institutes are always considered to be the second best option by students who doubt their chance of landing up in the IIMs. Examples of class B institutes in India are probably the XLRI, IIPM and many more. The students have to spend some 3-5lakhs rupees in these institutes, which may vary from institute to institute.
The class C institutes are the last and the least favored choice of students in India. These institutes charge around 1.5 lakhs rupees for the two years of study in MBA.
Apart from Indian institutes, the reputed institutes abroad charge somewhere around 25 to 30 lakhs as a standard measure for the course of MBA.