Which MiM programs cost under ₹20L?

Question

V Gupta · Accepted Answer

Yes, there are some MiM programs that cost less than ₹20 lakhs (around &euro;22,000). These programs are good for students who want a top degree but have a limited budget.
ESSEC Business School has a Master in Management (Grande &Eacute;cole) program. While their exact fee is not always shown clearly, ESSEC is known for offering fair pricing. They also give many scholarships to international students, which can help lower your costs.
ESCP Business School also offers a MiM program. Their exact fee depends on the campus and duration, but ESCP is considered more affordable than many top schools. Scholarships and other aid are also available.
Do keep in mind that fees can change depending on the location, length of study, and whether you get a scholarship. So it&rsquo;s best to check the school&rsquo;s official website or talk to their admissions team directly for the most correct and latest info.

kritika K · Answer

If your budget is under ₹20L, there are still some good MiM programs you can apply to especially in Europe&rsquo;s public universities. One of the best-known options is University of Mannheim in Germany. As per their official website, the MiM program has no tuition fee. You&rsquo;ll only need to pay around &euro;1,500 per year in semester fees, which comes to about ₹1.35L per year.
You can also look at Lund University in Sweden. Their MSc in Management costs around SEK 145,000 per year, which is close to ₹11.5L. The quality of education, international student support, and career services are strong here. Plus, Sweden offers affordable living costs compared to countries like France or the UK.
Another smart option is applying to Norwegian public universities, like BI Norwegian Business School, which offers full scholarships covering tuition. While the standard fee may go above ₹20L, the scholarship can bring your net cost to zero, depending on your profile. Always check their official site for updates.
If you're looking for programs under ₹20L, focus on public schools in Germany, Sweden, Norway, and sometimes France. Make sure your profile stands out, as these schools are highly competitive even without high tuition fees.

Hema A · Answer

Yes, you can find MiM programs under ₹20 lakhs, but it depends on the school and the course duration. One famous and top choice for students is ESCP business school.It charges &euro;20,900 per year for EU students and &euro;24,500 per year for non-EU students. There&rsquo;s also a yearly registration and service fee of around &euro;2,800. The total cost may go slightly above ₹20L for international students. 
If your budget is tight, you can lower costs through scholarships or by picking a shorter program. Part-time jobs during studies also help many students manage living expenses. Always check the official school website for the latest fee updates.
Want a perfect list of MIM programs you can apply to? Read this blog to know now

Mansih K · Answer

You&rsquo;ll find that very few top-ranked MiM programs fall under ₹20 lakhs (roughly &euro;22,000), but some public European schools still offer affordable options. Lund University (Sweden) offers its MSc in Management program with tuition fees around SEK 145,000/year (approx. ₹11.5L) according to its official site.
University of Mannheim (Germany) is another strong option. Their Master in Management program has no tuition fees for EU and non-EU students, and you only pay semester contributions of around &euro;1,500/year (under ₹1.5L). This keeps your total cost well below ₹5L which is  one of the best value-for-money programs.
You can also explore Bocconi University&rsquo;s International Scholarships, which may cover full tuition for strong applicants. Without aid, Bocconi&rsquo;s fees cross ₹25L, but with need-based waivers, your cost can drop sharply.
If you're targeting budget-friendly MiMs, prioritize public universities in Germany, Sweden, and Norway. Just make sure you have a strong GPA and meet English proficiency requirements, as these programs are selective, despite the low cost.