CMAT Top Colleges with Low Fees for MBA in 2026

CMAT Top Colleges with Low Fees for MBA in 2026 help students achieve quality education without financial barriers. Various colleges including Jamnalal Bajaj Institute of Management Studies, Goa Institute of Management, K J Somaiya Institute of Management Studies and Research, and many more, allow top-notch education with low fees. 

CMAT (Common Management Admission Test) is a national-level entrance exam that allows admission to colleges for pursuing an MBA and its specializations. The test assesses candidates' qualitative techniques, logical reasoning, language comprehension, and general awareness. 

List of CMAT Top Colleges with Low Fees for MBA 

A list of colleges that provide quality education in MBA and its specializations is given below. These colleges accept CMAT scores for admissions to MBA courses with low fees.  

1. Jamnalal Bajaj Institute of Management Studies

Jamnalal Bajaj Institute of Management Studies is a private university established in 1965 and is affiliated to Mumbai University with a rank of 56 amongst 200 universities. It offers various undergraduate, postgraduate, part-time, PhD, and various other courses to the students. It provides courses in the field of Management, finance and other streams

2. Goa Institute of Management

Goa Institute of Management is a private college established in 1993 and holds accreditations from the NBA and SAQS. It is recognized by AICTE and AIU. The institute is a member of AACSB, EFMD Global, PRME, GBSN, the United Nations Sustainable Development Solutions Network, and the UN Global Compact Network India.  It is ranked 2 by Outlook-ICARE among the top private colleges in Goa. It offers various UG and PG courses across management, human resource management, accounting, and other schemes.

3. K J Somaiya Institute of Management Studies and Research

K J Somaiya Institute of Management Studies and Research was founded in 1981 and has been accredited by the Association to Advance Collegiate Schools of Business (AACSB) and UGC (University Grant Commission). It has been ranked 25 by Business Today 2023 for an MBA and ranked 45 by NIRF 2023 under the Management Institute category.

4. Great Lakes Institute of Management, Chennai

Great Lakes Institute of Management, Chennai, was set up in 2004 by Bala Balachandran and the private business school in India. Its campus is located in Chennai and Gurugram and offers a 1-year postgraduate program in management. It is accredited by the Association of MBA (AMBA). Its programs are approved by the All India Council For Technical Education (AICTE).  It provides various postgraduate programs in management and various corporate programs.

 5. Xavier Institute of Social Service, Ranchi

Xavier Institute of Social Service, Ranchi, is a private institution that is AICTE-approved. It has been ranked 36 among the private MBA colleges by Outlook-ICARE 2023. It offers various postgraduate and diploma courses in management.

6. IFIM Business School, Bangalore

IFIM Business School, Bangalore, is an NAAC “A“  accredited university that holds first rank among top private MBA institutions in Bangalore by Outlook I-CARE 2026.  It holds 4th rank among top private MBA institutions in the Southern region.

7. Asia-Pacific Institute of Management

Asia-Pacific Institute of Management was established in 1996. It is one of the top 10 private B schools in India. The institution ranks 4th amongst all B schools in Delhi and 8 in North India as per the PEN-KANTAR B-School Survey Jan 2023. Its courses are approved by AICTE.

Also Read:

• MBA Colleges Accepting 70 to 80 Percentile in CAT
• Top MBA Colleges in Maharashtra Accepting CMAT Score

8. Jaipuria Institute of Management, Noida

Jaipuria Institute of Management, Noida, is a top-ranked institution in India situated in Delhi NCR. It provides AICTE-approved courses. It also includes PGDM in service management and marketing and also provides a doctoral-level FPM program. The institution has the 47th NIRF rank in India.

Also Read: MBA Colleges in India with Low Fees 2026

9. BIMTECH, Greater Noida

BIMTECH, Greater Noida, was established in 1998 under the aegis of the Birla Academy of Art and Culture. It is supported by the Birla group of companies. It holds 19th rank in the category of private management institutions by NIRF rankings and 17th rank among all B-schools by Business World. It holds accreditations from the NBA, AICTE, BSIS, and AACSB.

 10. BIT, Mesra

BIT, Mesra, was established in 1955 by Mr. Birla. It offers various undergraduate and postgraduate programs. It is ranked 7th by India Today under the Architecture category and 16th by India Today under the Engineering category. It holds an NAAC “A" grade and is recognised by UGC and AICTE.

The above-listed colleges are some of the best MBA colleges accepting CMAT scores in India.