Complete fee structure for an MBA at IIM

The fees at IIM for MBA ranges between Rs 9 lakh and 23 lakhs for the entire course. Read on to get a detailed understanding about the MBA Fee structure for all IIM campuses, including IIM Ahmedabad, IIM Bangalore and IIM Indore.

The MBA fees at IIM ranges between Rs 9-23 lakh, with IIM Ahmedabad having the highest fees of Rs 23 lakh, followed by IIM Bangalore and IIM Kolkata at Rs 21 lakh. The MBA fees at the recently established IIMs like Kozhikode, Sirmaur and Shilong is under Rs 10 lakh. The difference in fee structure at the IIMs is because the older IIMs unlike the new IIMsare not funded by the government.

Also read: IIMs do not want government say in fee structure

This article contains an overview of the fees and scholarships offered at all the 20 campuses of IIM. The following information is also covered in this article:

  • Fee structure of IIM MBA fees
  • Annual fee structure of 2-year MBA/PGP programme of each IIM
  • PGP fee structure and scholarships offered at each IIM
  • Scholarship schemes awarded by each IIM
  • If your goal is to pursue a post graduate management course at any of the IIM campuses, it is crucial to understand the fee structure and admission criteria (CAT exam). Though scholarships and education loans are provided, it is always wise to check if the prescribed fees fits within your expected budget.

Suggested reading:

  • IIM Ahmedabad Fees Structure
  • Scholarships offered at IIM Ahmedabad
  • IIM Bangalore Fees Structure
  • International Salary Packages Offered at IIMs and other B-Schools
  • New IIMs: Fees, Rankings and Placements

IIM Fee Structure: Components of MBA fees

It is important to understand the yearly fee structure followed at the IIMs so that you can make a planned financial decision. The total course fee has to be paid semester-wise and includes boarding, lodging, services and other utilities. A few of the IIMs allow its students to stay outside the campus after they have completed the first year. IIM fee includes:

  • Tuition fee
  • Personal expenses
  • Boarding
  • Travel
  • Course material
  • Mess charges
  • Library
  • Internet
  • Laptop and computer
  • Alumni activity and
  • Miscellaneous expenses

IIM Campus-wise Fees

The following table contains the 2 year PGP programme fees for each IIM. The fees may be hiked for the coming academic session.

IIM campusMBA Fees
IIM AhmedabadRs 23.00 lakh
IIM BangaloreRs 21. 00 lakh
IIM CalcuttaRs 21.00 lakh
IIM LucknowRs 14.16 lakh
IIM KozhikodeRs 17.50 lakh
IIM RaipurRs 12.31 lakh
IIM UdaipurRs 13.67 lakh
IIM RohtakRs 12.00 lakh
IIM VisakhapatnamRs 10.50 lakh
IIM TrichyRs 10.00 lakh
IIM SambalpurRs 10.00 lakh
IIM RanchiRs 10.50 lakh
IIM BodhgayaRs 11.00 lakh
IIM SirmaurRs 10.34 lakh
IIM JammuRs 10.00 lakh
IIM AmritsarRs 9.00 lakh
IIM ShillongRs 12.68 lakh
IIM KashipurRs 10.50 lakh
IIM NagpurRs 10.00 lakh
IIM IndoreRs 16.00 lakh

 The following table contains details of the fee structure followed at the IIMs and the scholarship details:

Know more about – IIM Ahmedabad MBA Fees and ScholarshipKnow more about – IIM Bangalore MBA Fees and Scholarship
Know more about – IIM Calcutta MBA Fees and ScholarshipKnow more about – IIM Kozhikode MBA Fees and Scholarship
Know more about – IIM Indore MBA Fees and ScholarshipKnow more about – IIM Lucknow MBA Fees and Scholarship

IIM Scholarships

The IIMs also gives different types of scholarships and provides assistance for education loan to deserving candidates. The scholarships offered are of two types:

  • Scholarship for candidates hailing from an economically weak background
  • Scholarship for meritorious candidates

Click on the links below to know further details about scholarships offered by each of the IIMs:

Scholarship schemes in IIMs
IIM Calcutta scholarshipIIM Ahmedabad scholarship
IIM Bangalore scholarshipIIM Lucknow scholarship
IIM Kozhikode scholarshipIIM Indore scholarship
IIM Kashipur scholarshipIIM Rohtak scholarship
IIM Ranchi scholarshipIIM Udaipur scholarship
IIM Sirmaur scholarshipIIM Raipur scholarship
IIM Shillong scholarshipIIM Nagpur scholarship

Read More:

  • Lowest Salary Packages Offered at IIMs and Other B-Schools
  • IIM Distance Learning MBA 
  • IIM Shortlist, Selection and Admission Criteria



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