MBA Colleges Under ₹20 Lakh

Start with: FMS Delhi, TISS Mumbai, JBIMS Mumbai, DMS IIT Delhi, SJMSOM IIT Bombay. The page must explain why these fit this exact intent rather than repeat a generic prestige list.

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Quick verdict

FMS Delhi, TISS Mumbai and JBIMS Mumbai are the first colleges to compare for this specific shortlist.

Start with FMS Delhi, TISS Mumbai, JBIMS Mumbai, DMS IIT Delhi, SJMSOM IIT Bombay. Compare fit, admission route, fee comfort and the career strengths shown below.

Curated shortlist

#1 · Primary

FMS Delhi

New Delhi, Delhi

High-value fit

Fee ~₹2.32L; avg package ~₹32.27L; OYM A+

Exam: CATFee: ₹2.32LAvg: ₹32.27 LPAMedian: ₹29.59 LPATier: OYM A+Profile: High

CAT 99.5+; ~99.7+ safer for General candidates

Strengths: Exceptional ROI; consulting; finance; marketing; general management

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#2 · Primary

TISS Mumbai

Mumbai, Maharashtra

High-value fit

Fee ~₹2.07L; avg package ~₹28.69L; OYM A

Exam: CATFee: ₹2.07LAvg: ₹28.69 LPAMedian: ₹28 LPATier: OYM AProfile: Medium

CAT ~95–98+ is a practical target for HRM; selection is profile/interview intensive

Strengths: Human resources; people consulting; industrial relations; leadership

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#3 · Primary

JBIMS Mumbai

Mumbai, Maharashtra

High-value fit

Fee ~₹6L; avg package ~₹26.67L; OYM A

Exam: MAH MBA CET, CMAT, CATFee: ₹6LAvg: ₹26.67 LPAMedian: ₹26.15 LPATier: OYM AProfile: Medium

CMAT 99.99 percentile via CMAT/AI route

Strengths: Finance; investment banking; consulting; marketing; BFSI

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#4 · Primary

DMS IIT Delhi

New Delhi, Delhi

High-value fit

Fee ~₹12L; avg package ~₹22.5L; OYM A

Exam: CATFee: ₹12LAvg: ₹22.5 LPAMedian: ₹22.51 LPATier: OYM AProfile: Medium

CAT 97–99+ competitive target

Strengths: Consulting; analytics; technology; product; operations

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#5 · Primary

SJMSOM IIT Bombay

Mumbai, Maharashtra

High-value fit

Fee ~₹15.15L; avg package ~₹25.82L; OYM A

Exam: CATFee: ₹15.15LAvg: ₹25.82 LPAMedian: ₹25.25 LPATier: OYM AProfile: Medium

CAT 98.5–99.5+ is a strong General target

Strengths: Consulting; product; analytics; technology; operations; finance

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#6 · Primary

VGSoM IIT Kharagpur

Kharagpur, West Bengal

High-value fit

Fee ~₹12.64L; avg package ~₹22.75L; OYM A-

Exam: CATFee: ₹12.64LAvg: ₹22.75 LPAMedian: ₹22.75 LPATier: OYM A-Profile: Medium

CAT ~94–97+ realistic target; 95+ commonly competitive

Strengths: Consulting; analytics; product; operations; technology

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#7 · Primary

DoMS IIT Madras

Chennai, Tamil Nadu

High-value fit

Fee ~₹13.55L; avg package ~₹17.9L; OYM A-

Exam: CATFee: ₹13.55LAvg: ₹17.9 LPAMedian: ₹17.79 LPATier: OYM A-Profile: Medium

CAT ~94–97+ competitive target

Strengths: Analytics; operations; consulting; technology; finance

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#8 · Primary

IIM Raipur

Raipur, Chhattisgarh

High-value fit

Fee ~₹16.28L; avg package ~₹19.7L; OYM A-

Exam: CATFee: ₹16.28LAvg: ₹19.7 LPAMedian: ₹18.4 LPATier: OYM A-Profile: High

CAT 93–96+ realistic target

Strengths: Consulting; BFSI; analytics; operations; marketing

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#9 · Primary

IIM Rohtak

Rohtak, Haryana

High-value fit

Fee ~₹17.9L; avg package ~₹19.27L; OYM A-

Exam: CATFee: ₹17.9LAvg: ₹19.27 LPAMedian: ₹17 LPATier: OYM A-Profile: High

CAT 96–98+ is a safer General-category target

Strengths: General management; consulting; finance; marketing; analytics

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#10 · Primary

IIM Ranchi

Ranchi, Jharkhand

High-value fit

Fee ~₹17.5L; avg package ~₹18.69L; OYM A-

Exam: CATFee: ₹17.5LAvg: ₹18.69 LPAMedian: ₹17.91 LPATier: OYM A-Profile: High

CAT 93–96+ realistic target

Strengths: HR; consulting; analytics; finance; marketing

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#11 · Secondary

IIM Tiruchirappalli

Tiruchirappalli, Tamil Nadu

High-value fit

Fee ~₹19.7L; avg package ~₹19.43L; OYM A-

Exam: CATFee: ₹19.7LAvg: ₹19.43 LPAMedian: ₹18 LPATier: OYM A-Profile: High

CAT 94–96+ realistic target

Strengths: Consulting; BFSI; sales & marketing; operations; analytics

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#12 · Secondary

Jamia Millia Islamia

New Delhi, Delhi

High-value fit

Fee ~₹0.54L; avg package ~₹16L; OYM B+

Exam: CATFee: ₹0.54LAvg: ₹16 LPATier: OYM B+Profile: Medium

CAT ~90–95+ is a realistic competitive target due to low fee/high ROI

Strengths: Finance; marketing; HR; operations; analytics

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#13 · Secondary

Department of Financial Studies, DU

New Delhi, Delhi

High-value fit

Fee ~₹0.97L; avg package ~₹15.1L; OYM B+

Exam: CATFee: ₹0.97LAvg: ₹15.1 LPATier: OYM B+Profile: Medium

CAT ~92–96+ competitive target due to very high ROI and limited seats

Strengths: Finance; investment banking; analytics; BFSI; treasury

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#14 · Secondary

SIMSREE Mumbai

Mumbai, Maharashtra

High-value fit

Fee ~₹1.5L; avg package ~₹15L; OYM B+

Exam: MAH MBA CET, CMAT, CATFee: ₹1.5LAvg: ₹15 LPATier: OYM B+Profile: Medium

CMAT 99.97 percentile

Strengths: Finance; marketing; operations; analytics; BFSI

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#15 · Secondary

Delhi School of Economics

New Delhi, Delhi

High-value fit

Fee ~₹2.3L; avg package ~₹14L; OYM B+

Exam: CATFee: ₹2.3LAvg: ₹14 LPATier: OYM B+Profile: Medium

CAT ~90–95+ depending on program and applicant pool

Strengths: International business; analytics; HR; consulting; finance

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#16 · Secondary

IIT Roorkee DMS

Roorkee, Uttarakhand

High-value fit

Fee ~₹9.74L; avg package ~₹17.91L; OYM B+

Exam: CATFee: ₹9.74LAvg: ₹17.91 LPAMedian: ₹17.64 LPATier: OYM B+Profile: Medium

CAT ~90–94+ realistic target

Strengths: Operations; analytics; consulting; technology; marketing

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#17 · Secondary

IIT Kanpur DMS

Kanpur, Uttar Pradesh

High-value fit

Fee ~₹13.5L; avg package ~₹17.2L; OYM B+

Exam: CATFee: ₹13.5LAvg: ₹17.2 LPAMedian: ₹16.5 LPATier: OYM B+Profile: Medium

CAT ~90–94+ realistic target

Strengths: Analytics; operations; product; technology; finance

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#18 · Secondary

IIM Sambalpur

Sambalpur, Odisha

High-value fit

Fee ~₹13.08L; avg package ~₹14.21L; OYM B+

Exam: CATFee: ₹13.08LAvg: ₹14.21 LPAMedian: ₹15.03 LPATier: OYM B+Profile: High

CAT 90–94+ realistic target

Strengths: BFSI; consulting; marketing; analytics; operations

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How the fit buckets work

Primary

Use this label to compare admission fit and page-specific relevance.

Secondary

Use this label to compare admission fit and page-specific relevance.

Compare the options

CollegeRouteFeeAvg / medianWhy here
FMS DelhiCAT₹2.32L₹32.27 LPA / ₹29.59 LPAHigh-value fit
TISS MumbaiCAT₹2.07L₹28.69 LPA / ₹28 LPAHigh-value fit
JBIMS MumbaiMAH MBA CET, CMAT, CAT₹6L₹26.67 LPA / ₹26.15 LPAHigh-value fit
DMS IIT DelhiCAT₹12L₹22.5 LPA / ₹22.51 LPAHigh-value fit
SJMSOM IIT BombayCAT₹15.15L₹25.82 LPA / ₹25.25 LPAHigh-value fit
VGSoM IIT KharagpurCAT₹12.64L₹22.75 LPA / ₹22.75 LPAHigh-value fit
DoMS IIT MadrasCAT₹13.55L₹17.9 LPA / ₹17.79 LPAHigh-value fit
IIM RaipurCAT₹16.28L₹19.7 LPA / ₹18.4 LPAHigh-value fit
IIM RohtakCAT₹17.9L₹19.27 LPA / ₹17 LPAHigh-value fit
IIM RanchiCAT₹17.5L₹18.69 LPA / ₹17.91 LPAHigh-value fit
IIM TiruchirappalliCAT₹19.7L₹19.43 LPA / ₹18 LPAHigh-value fit
Jamia Millia IslamiaCAT₹0.54L₹16 LPAHigh-value fit
Department of Financial Studies, DUCAT₹0.97L₹15.1 LPAHigh-value fit
SIMSREE MumbaiMAH MBA CET, CMAT, CAT₹1.5L₹15 LPAHigh-value fit
Delhi School of EconomicsCAT₹2.3L₹14 LPAHigh-value fit
IIT Roorkee DMSCAT₹9.74L₹17.91 LPA / ₹17.64 LPAHigh-value fit
IIT Kanpur DMSCAT₹13.5L₹17.2 LPA / ₹16.5 LPAHigh-value fit
IIM SambalpurCAT₹13.08L₹14.21 LPA / ₹15.03 LPAHigh-value fit

How to choose

Choose FMS Delhi if...

High-value fit: Fee ~₹2.32L; avg package ~₹32.27L; OYM A+

Strengths: Exceptional ROI; consulting; finance; marketing; general management

Choose TISS Mumbai if...

High-value fit: Fee ~₹2.07L; avg package ~₹28.69L; OYM A

Strengths: Human resources; people consulting; industrial relations; leadership

Choose JBIMS Mumbai if...

High-value fit: Fee ~₹6L; avg package ~₹26.67L; OYM A

Strengths: Finance; investment banking; consulting; marketing; BFSI

For mba colleges under ₹20 lakh, build a shortlist with one ambitious option, one realistic option and one value or specialist option where possible.

FAQs

Should I prefer FMS Delhi over TISS Mumbai?

Prefer FMS Delhi if its route, fee, strengths and profile fit are better for your goal. Prefer TISS Mumbai if its strengths and admission probability fit you better.

Where does JBIMS Mumbai fit in this list?

JBIMS Mumbai is worth comparing because fee ~₹6L; avg package ~₹26.67L; OYM A

How should I use this mba colleges under ₹20 lakh page?

Open the college cards that match your route and budget, then compare the detailed Know Your Campus pages before deciding.

Preparing for CAT?

See where you actually stand before changing your shortlist or study plan.

Why On Your Mocks?

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Understand where marks were lost
Identify what needs revision
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