What is the average cost of an MBA at top business schools in India?

Question

Prateeksha Manral · Accepted Answer

The average cost of an MBA at top business schools in India, such as IIM Ahmedabad or ISB, ranges from 20 to 30 lakhs. This fee covers tuition and includes many aspects beyond classroom education.
In addition to tuition, students typically face other expenses for everyday essentials, study materials, and extracurricular activities, which can add another 1 to 3 lakhs per year. There are also optional international trips, which can further increase costs.
However, many find this investment worthwhile due to the high starting salaries after graduation, often around 15 lakhs per year or more. The value of the MBA lies not only in the education but also in the skills, networking opportunities, and career prospects it offers.