Management Quota means these seats are reserved for those people who actually didn’t qualify the eligibility criteria for getting a seat in college but are willing to spend almost two to four times the actual fee of the college.
If you can do whole degree in around 12 lakhs if you qualify the eligibility criteria but if you don’t qualify according to it and have enough money then you may get a seat around 25 lakhs or so. But it also depends upon how many number of people are willing to spend this high.
For many students getting admission to any top colleges is almost impossible because of the high competition and snoring cut off. For them management quota is an option to get admission in the good and renowned colleges by just paying fees which is higher than general quota seat