MBA/MMS fees in Maharashtra 2026–27: what FRA-approved fees really look like
Every FRA-approved MBA/MMS fee in Maharashtra for 2026–27 — the spread, the ten lowest and highest, and how BBA, BMS and engineering fees compare — computed live from the official fee data.
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Maharashtra’s Fees Regulating Authority has approved 2026–27 fees for 316 MBA/MMS programmes at private unaided institutes. Approved annual fees run from ₹26,889 to ₹4.4 lakh, with the median programme at ₹1.03 lakh. Here is the whole picture.
- ₹1L
- median MBA/MMS fee / year, 2026–27
- 149
- programmes at ₹1 lakh a year or less
- 16
- programmes at ₹2 lakh a year or more
The MBA/MMS fee spread
149 of 316 programmes (47%) have an approved fee of ₹1 lakh a year or less, while 16 charge ₹2 lakh or more. With a spread this wide, two institutes with similar cut-offs can differ by lakhs over the two-year course.
Lowest and highest approved fees
The approved total is the tuition fee plus the development fee in FRA’s order. Hostel and other charges are separate.
How BBA, BMS and B.E./B.Tech compare
For context, here are FRA-approved fee ranges for the undergraduate management programmes and for engineering, on the same scale. BBA: median ₹27k · BMS: median ₹26k · B.E./B.Tech: median ₹99k.
- MBA/MMS316 programmesLowest ₹27kMedian ₹1LHighest ₹4.4L
- BBA59 programmesLowest ₹10kMedian ₹27kHighest ₹81k
- BMS8 programmesLowest ₹25kMedian ₹26kHighest ₹76k
- B.E./B.Tech319 programmesLowest ₹34kMedian ₹99kHighest ₹2.3L
Choosing beyond the fee
- Fees are per year and approved for 2026–27; the official FRA order and the institute’s notice are final.
- Look at the full cost — hostel, living costs and any other charges come on top.
- Weigh outcomes too. Ask institutes for their official placement reports, and compare like-for-like programmes.
Next: compare all approved management fees, browse management institutes, or read the entrance exam guide.
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