Affordable MBA Dreams: Explore CMAT Low-Fees Colleges in Bangalore and ATMA Low-Fees Colleges in Lucknow
In today’s competitive world, pursuing a postgraduate degree in management has become essential for a successful career in business, marketing, operations, finance, and human resources. However, one major concern for many aspiring students is affordability. Not every student has the luxury of enrolling in top-tier B-schools with hefty fee structures. That’s where the importance of low-fee MBA/PGDM colleges comes in, especially those that accept entrance exams like CMAT and ATMA.
If you’re someone who has appeared for CMAT or ATMA and is looking for low-fee MBA colleges in Bangalore and Lucknow, then you are at the right place. In this blog, we provide a comprehensive guide to budget-friendly, AICTE-approved colleges in Bangalore and Lucknow that accept CMAT and ATMA scores, respectively, and offer value-based management education.
Why Choose Low-Fee MBA Colleges?
Let’s understand the key reasons why low-fee MBA colleges are gaining popularity in India:
Affordable Tuition Fee: Saves you from large student debts.
Decent ROI (Return on Investment): Many of these colleges offer decent placement opportunities with moderate to good salary packages.
Accredited Curriculum: Despite being low in fees, many of these colleges are affiliated to recognized universities and approved by AICTE or UGC.
Flexible Admission Process: Many accept national-level entrance exams such as CMAT, MAT, ATMA, and also conduct their entrance process.
Industry Exposure: Several colleges have collaborations with companies, conduct internships, and invite experienced faculty from the industry.
CMAT Low Fees College Bangalore
Bangalore, often referred to as the "Silicon Valley of India", is a dream destination for management aspirants. The city not only hosts top-tier IIM Bangalore but also houses a variety of private MBA and PGDM colleges offering quality education at an affordable price point.
Top CMAT Low-Fee Colleges in Bangalore
Here are some of the most reliable and affordable colleges in Bangalore that accept CMAT scores:
1. Acharya Institute of Management and Sciences (AIMS)
Location: Peenya, Bangalore
Affiliation: Bangalore University
Fee Structure: Around ₹3.5 - 5 Lakhs for two years
Entrance Accepted: CMAT, MAT, CAT, CMAT
Highlights: AIMS is a reputed B-school in Bangalore offering solid infrastructure, experienced faculty, and industry-aligned pedagogy.
2. Kristu Jayanti College
Location: Kothanur, Bangalore
Affiliation: Bengaluru North University
Fee Structure: Approx ₹2.5 - 4 Lakhs
Entrance Accepted: CMAT, MAT, PGCET
Highlights: Known for its discipline, placement support, and high student satisfaction rate.
3. Indus Business Academy (IBA)
Location: Kanakapura Road, Bangalore
Affiliation: Autonomous (AICTE Approved)
Fee Structure: ₹6.9 Lakhs (Slightly higher but offers value)
Entrance Accepted: CMAT, CAT, XAT, MAT
Highlights: Among the top 1% of B-schools in India, with excellent ROI and placement record.
4. Oxford College of Business Management
Location: JP Nagar, Bangalore
Affiliation: Bangalore University
Fee Structure: ₹2 - ₹3 Lakhs approx.
Entrance Accepted: CMAT, KMAT
Highlights: Good academic atmosphere and placement opportunities in local businesses and startups.
5. MP Birla Institute of Management
Location: Race Course Road, Bangalore
Affiliation: Bangalore University
Fee Structure: Around ₹3.5 Lakhs
Entrance Accepted: CMAT, MAT
Highlights: Offers great ROI, focuses on academic excellence and managerial skills.
ATMA Low Fees College Lucknow
Lucknow, the capital city of Uttar Pradesh, is emerging as a major education hub in North India. The city is home to several reputed management institutions that accept ATMA scores and provide affordable MBA or PGDM programs.
Top ATMA Low Fees Colleges in Lucknow
Let’s look at some of the best options for students seeking low-fee MBA colleges in Lucknow accepting ATMA scores:
1. Sherwood College of Management
Location: Sector-25, Indira Nagar, Lucknow
Affiliation: AKTU
Fee Structure: Around ₹1.6 - 2 Lakhs
Entrance Accepted: ATMA, CMAT, MAT, UPSEE
Highlights: Popular for its affordable fees, experienced faculty, and supportive academic environment.
2. RR Institute of Modern Technology
Location: Lucknow-Faizabad Road
Affiliation: AKTU
Fee Structure: ₹1.5 Lakhs approx.
Entrance Accepted: ATMA, UPSEE
Highlights: Offers value-for-money education, decent campus infrastructure, and regular placements.
3. Integral University – Faculty of Management
Location: Kursi Road, Lucknow
Affiliation: Integral University (Deemed)
Fee Structure: ₹2.5 – ₹3 Lakhs
Entrance Accepted: ATMA, CAT, CMAT
Highlights: Integral University has a dedicated placement cell and career support for MBA students.
4. Institute of Environment and Management (IEM)
Location: Alambagh, Lucknow
Affiliation: AKTU
Fee Structure: ₹1.2 – ₹2 Lakhs
Entrance Accepted: ATMA, MAT, UPSEE
Highlights: Offers a career-oriented approach with real-world case studies and internships.
5. Amity University, Lucknow Campus
Location: Malhaur, Gomti Nagar Extension
Affiliation: Private University
Fee Structure: Around ₹3 - ₹4 Lakhs
Entrance Accepted: ATMA, CAT, MAT
Highlights: Even though the fee is slightly higher, the infrastructure and global exposure make it a valuable option.
Placement Opportunities in Low-Fee MBA Colleges
Many students assume that only top-tier institutes provide placement opportunities. This is not entirely true. A large number of low-fee MBA colleges in cities like Bangalore and Lucknow have established placement cells and industry collaborations that offer campus recruitment opportunities.
Here’s what you can expect:
Average salary packages between ₹3 LPA to ₹6 LPA
Placement in companies like HDFC Bank, ICICI Prudential, Wipro, Infosys, Tech Mahindra, and local startups
Internships during the 1st year that provide practical learning
Opportunities for entrepreneurship and business incubation in some institutes
How to Select the Right Low Fees MBA College?
When searching for CMAT or ATMA low fees MBA colleges, you should keep the following factors in mind:
Accreditation: Ensure the college is AICTE-approved and affiliated with a recognized university.
Placement Record: Look at past placement statistics and recruiter lists.
Location: Choose cities with strong corporate presence such as Bangalore and Lucknow.
Specializations Offered: Ensure your desired specialization (Marketing, Finance, HR, etc.) is available.
Alumni Network: A strong alumni base adds great value.
Faculty Profile: Experienced and industry-exposed faculty ensure better learning outcomes.
Campus Infrastructure: Facilities like labs, libraries, Wi-Fi, and classrooms also matter.
Application Process and Admission Tips
Most of these colleges have an easy admission process. Here is what you generally need to do:
Appear for the CMAT or ATMA entrance exam
Check eligibility criteria (usually 50% in graduation)
Fill out the application form on the official website of the college
Upload the required documents and pay the application fee
Wait for the merit list or interview call
Note: Some colleges may also conduct group discussions or personal interviews.
Final Words
The dream of earning an MBA does not always require high-end budgets or brand tags. What matters most is your intent, your preparation, and choosing a college that matches your goals. Whether it’s the tech-savvy, startup-driven ecosystem of Bangalore or the culturally rich and educationally emerging city of Lucknow, both offer excellent opportunities for management education at a low cost.
At Pathshalahub, we help you navigate through these choices and find the perfect college tailored to your budget and entrance score.
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