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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.

M.B. Patil Education · Knowledge Centre 4 min read Live official 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.

Approved MBA/MMS fees, 2026–27Each dot is one programme · the blue line is the median
Lowest₹27kMedian₹1LHighest₹4.4L

Lowest and highest approved fees

MBA/MMS: the ten lowest and ten highest approved fees, 2026–27Tuition plus development fee, per year
MBA/MMS fees — lowest and highest
InstituteApproved fee / year
Vidyavardhini's College of Engineering and Technology, Vasai, ThaneLowest 10₹26,889Approved fee / year
Ozar Vikas Sanstha Vishwasattya College of Mba, OZAR.Lowest 10₹29,472Approved fee / year
Sahyadri Institute of Management & Research, SawardeLowest 10₹32,500Approved fee / year
SMT Parmeshwaridevi Durgadutt Tibrewala Institute of Management and Research, Andheri (E), MumbaiLowest 10₹33,000Approved fee / year
Gourishankar Institute of Management Sciences, Limb, SataraLowest 10₹34,000Approved fee / year
Vision Buldhana Educational & Welfare Society's Pankaj Laddhad Institute of Technology & Management Studies, Yelgaon, BuLowest 10₹35,000Approved fee / year
Mandar Education Society's Rajaram Shinde College of Master of Business Adminstration, ChiplunLowest 10₹36,000Approved fee / year
Rajendra Mane College of Engineering & Technology Ambav DeorukhLowest 10₹37,500Approved fee / year
Marathwada Mitra Mandal's College of Engineering, Karvenagar, PuneLowest 10₹41,500Approved fee / year
Matoshri Pratishthan's Group of Institution(integrated Campus ) Khupsarawadi, NANDED.Lowest 10₹42,000Approved fee / year
PRIN. L. N. Welingkar Institute of Management Development & Research, MumbaiHighest 10₹4.4 lakhApproved fee / year
Vivekanand Education Society's Institute of Management Studies & Research, MumbaiHighest 10₹3.2 lakhApproved fee / year
Bombay ST. Xavier College SOC.'S Xavier Institute of Management & Research, MumbaiHighest 10₹3.08 lakhApproved fee / year
Kohinoor Business School, Kurla (West), MumbaiHighest 10₹2.77 lakhApproved fee / year
Zagdu Singh Chartitable Trust's Thakur Institute of Management Studies & Research, MumbaiHighest 10₹2.73 lakhApproved fee / year
Chetana's Ramprasad Khandelwal Institute of Management & Research, MumbaiHighest 10₹2.52 lakhApproved fee / year
Agnel Charities Agnel Seva Sangha's FR. C. Rodrigues INST. of MANAGEMENT. Studies, Navi MumbaiHighest 10₹2.45 lakhApproved fee / year
Chanakya Education Society's Indira College of Engineering & Management, PuneHighest 10₹2.45 lakhApproved fee / year
Met's Institute of Management, MumbaiHighest 10₹2.37 lakhApproved fee / year
S.I.E.S. College of Management Studies, MumbaiHighest 10₹2.35 lakhApproved fee / year

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.

Approved fee ranges by programme, 2026–27Lowest to highest · the dot is the median
  • MBA/MMS316 programmes
    Lowest ₹27kMedian ₹1LHighest ₹4.4L
  • BBA59 programmes
    Lowest ₹10kMedian ₹27kHighest ₹81k
  • BMS8 programmes
    Lowest ₹25kMedian ₹26kHighest ₹76k
  • B.E./B.Tech319 programmes
    Lowest ₹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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