MBA program fees in Maharashtra vary significantly based on institute type. Government and government-aided colleges like JBIMS charge approximately ₹3–6 lakh for the entire two-year program. Premier private institutes like SPJIMR (₹20–22 lakh), NMIMS Mumbai (₹12–15 lakh), and SIBM Pune (₹21–23 lakh) have higher fees. Mid-tier private colleges typically charge between ₹5–10 lakh. AICTE mandates fee regulation through Fee Regulatory Committees, and colleges must display detailed fee structures on their websites. Scholarships are available for meritorious and economically weaker students, including the Rajshri Shahu Maharaj Merit Scholarship and Central Sector schemes. Always verify fee details from the official AICTE portal or college prospectus to avoid unapproved institutions.