5 B-Schools with Lowest Fee Accepting MAT Score

Aspiring to be a management professional but worried about the hefty fee charged by B-Schools? The fees for these B-schools may go up to more than 19 lakhs. MAT, the second most preferred management exam after CAT facilitates B-Schools to screen candidates for admission to its MBA program not only with affordable fees but also best-in-class education.

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Getting above 80 percentile in MAT can land you in the top management colleges all over the country. And, we bring to your knowledge the 5 top B-Schools with affordable fee apart from their excellent placements. Have a look.

  1. Institute of Management, Christ University

Christ University, Bangalore accredited ‘A’ grade by NAAC offers well reputed 2-year management program. With just INR 6.75 lakhs for whole program, MBA aspirants can become a part of this fraternity.

When we talk about reputation, the first factor depends upon how well placements are offered for a program. At Christ, on the completion of the program, an average salary of INR 6 Lakhs p.a. is offered. Besides that, the highest package offered till now is INR 10 lakhs p.a.

Around 140 companies have visited this campus which is a whopping number. You can witness around 90% placement record of the college which really counts.

  1. DC School of Management and Technology

DC might not be the first thought of any candidate. But, the fact you must know that this college belongs to a group of colleges offering a competing package with modest fee of just INR 4 lakhs. An average package offered by the companies may range between INR 5 -6 lakhs. The highest package offered till now is 7 lakhs p.a. It perfectly justifies the college’s reputation amongst its competitors.

You may find companies like DHL Express, ICICI Prudential Insurance, Lloyd and more have visited the campus with appealing packages. This is how this college engraves its name amongst the top-most affordable colleges in India.

Going through the reviews of this college, we could find rating to be 4 on 5. This mark speaks for itself. Ranging from infrastructure to faculty and placements, this college excel in every aspect.

It has achieved Grade ‘A’ through NAAC on 4-point scale.

3.    MS Ramaiah Institute of Management – MSRIM

MSRIM is rated as one of the best management schools in Bangalore. It imparts global standard education and must coveted career plans. In the 2-year plan, the average fees charged by this B-school is INR 7.25 Lakh which is a modest amount for a bright future.

This school has placed its 98% students successfully with well-known companies. You can get an average package of INR 4.5 lakh p.a. which has also gone up to INR 14 lakh p.a. as the maximum salary.

RIMS provides the best placement programs with companies like Deloitte, KPMG, Citi Bank, Goldman Sachs, ICICI Securities, HDFC bank and list continues. One experiences a very stable recruitment and selection process.

Rated by various sources, RIMS gained 80% satisfaction by its candidates. This number seems to go up with every upcoming batch of MBA program. It has achieved Grade ‘A’ through NAAC.

  1. L. Dalmia Institute of Management Studies and Research, Mumbai

The most sought-after and good ranked B-School is N. L. Dalmia Institute of Management Studies and Research, Mumbai.  While we talk about the 2-year plan, the fees charged by the institution is INR 5.19 lakh. N.L. Dalmia justifies its fees with world class infrastructure and brilliant faculty. Its students outshine others with brilliant packages.

The average package of INR 5.82 lakhs is a beatdown for lot many competing institutions. From a large pool of companies, let me name some of the most famous companies – ICICI bank, NSE, Parle Agro, Reliance and the list goes on.

Maximum students are placed well with reputed companies. On an average, reviews for this college is 3.5 on 5 which is a good number. The students are quite satisfied with the college and its faculty. These are the major factors considered for the feedback.

  1. The Oxford College of Business Management

This college is affiliated to Bangalore University. Its MBA program is approved by AICTE and is UGC recognized. The Institute has been accredited ‘A’ Grade by National Assessment and Accreditation Council.

It offers 2-year MBA program in diverse fees with nominal fees around INR 39,600 to be precise. This fee is justified by the unmatchable faculty and world-class-education.

The reputation of a college is based on its placement. Companies like Infosys, Oracle, Bosch, HDFC bank, Myntra etc. have visited this campus and placed considerable number of students with decent salary.

Talking about numbers, Oxford has hit a good mark of 3.5 out of 5.

Now that you are aware about 5 most affordable and excellent colleges, get your pick and plan further. Good luck!