IIM Fees for MBA 2024 - Check IIM Fee Structure for MBA Course

IIM fees for MBA is Rs 17 lakh to Rs 25 lakh. The highest IIM fees, the IIM Ahmedabad MBA fees is around Rs. 25 lakh. Meanwhile, the cheapest IIM fee is IIM Bodh Gaya, with Rs 17 lakh fees. IIM fees for 5 years BBA+MBA are between Rs 15 lakh to Rs 30 lakh. IIM MBA fees for new or baby IIMs such as IIM Ranchi, IIM Jammu, IIM Bodh Gaya, IIM Sirmaur, etc are between Rs 17 lakh to Rs 20 lakh. The cost of doing an MBA from IIM Ahmedabad, IIM Calcutta, IIM Bangalore, IIM Indore, and IIM Mumbai is between Rs 21 lakh to Rs 25 lakh. Complete details on MBA fees at IIM, IIM fee structure, executive MBA from IIM fees and IIM fees for MBA 2024 with hostel. With the release of IIM Admission Criteria, all the respective IIMs will also release the actual MBA fees for the upcoming MBA batch.

IIM Fees Structure 2024: Components

Apart from tuition fee, IIM fees structure includes amounts of several services and utilities. One of the important components of the IIM MBA fee structure is international immersion programme cost. Check out the IIM course fee components below.

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

IIM Fees 2024

IIM Ahmedabad bags the top spot, charging the highest IIM MBA fees of Rs 25 lakh and IIM Bodh Gaya is the lowest with Rs 17 lakh. Check out the highest to lowest IIM fees for MBA 2024 in India for the academic year 2024–26 from the table below. IIM fees for MBA through CAT can vary from year to year.

IIM MBA Fees Structure

S.No.

IIM Campuses

IIM MBA Fees

1

IIM Ahmedabad

Rs 25 lakh

2

IIM Bangalore

Rs 24.50 lakh

3

IIM Calcutta

Rs 23.00 lakh

4

IIM Lucknow

Rs 26.50 lakh

5

IIM Kozhikode

Rs 22.50 lakh

6

IIM Raipur

Rs 18.00 lakh

7

IIM Udaipur

Rs 22.20 lakh

8

IIM Rohtak

Rs 17.90 lakh

9

IIM Visakhapatnam

Rs 17.82 lakh

10

IIM Trichy

Rs 21.00 lakh

11

IIM Sambalpur

Rs 21.01 lakh

12

IIM Ranchi

Rs 17.50 lakh

13

IIM Bodh Gaya

Rs 17.00 lakh

14

IIM Sirmaur

Rs 17.50 lakh

15

IIM Jammu

Rs 18.85 lakh

16

IIM Amritsar

Rs 21.00 lakh

17

IIM Shillong

Rs 22.71 lakh

18

IIM Kashipur

Rs 17.30 lakh

19

IIM Nagpur

Rs 18.90 lakh

20

IIM Indore

Rs 21.17 lakh

21

IIM Mumbai

Rs 21 lakh

IIM Executive MBA Fees 2024

Apart from the flagship MBA programme, almost every IIM offers an executive MBA or EMBA, designed mainly for working professionals. IIM executive MBA admission is granted based on CAT or GMAT score. Check out the executive MBA fee structure of IIMs along with other details such as MBA entrance requirements, eligibility criteria, etc.

IIM Campuses

Course name

Duration

IIM executive MBA fees

IIM Ahmedabad

Post Graduate Programme in Management for Executives (PGPX)

1 year

Rs 33 lakhs

IIM Bangalore

Post Graduate Programme Enterprise Management (PGPEM)

2 years

Rs 20.11 lakhs

Executive Post Graduate Programme (EPGP)

1 year

Rs 23.20 lakhs

IIM Calcutta

MBA Programme for Executives (MBAEx)

1 year

Rs 31 lakhs

IIM Lucknow

Post-Graduate Programme in Management for Working Executives (PGPWE)

2 years

Rs 14 lakh

International Programme in Management for Executives or IPMX

1 year

Rs 24 lakh

IIM Indore

General Management Programme for Executives (GMPE)

1 year

Rs 5.90 lakh

Post Graduate Programme in Management for Working Executives (PGPMX)

2 years

Rs 17.60 lakh

IIM Kozhikode

Executive Post Graduate Programme (EPGP)

1 year

Rs 14 lakh

IIM Trichy

Post Graduate Programme in Business Management (PGPBM)

2 year

Rs 11.80 lakh

IIM Ranchi

Post Graduate Executive Programme in Management (PGEXP)

2 year

Rs 12.50 lakh

IIM Raipur

Executive Post Graduate Programme in Management (ePGP)

2 years

Rs 12.25 lakh

IIM Udaipur

MBA in Global Supply Chain Management

1 year

Rs 22.60 lakh

IIM Rohtak

Post Graduate Programme in Management for Executives (ePGPx)

1 year

Rs 7.15 lakh

IIM Visakhapatnam

Post Graduate Programme for Experienced Professionals (PGPEx)

1 year

Rs 10.80 lakh

IIM Kashipur

Post Graduate Programme for Working Executives (MBAWx)

2 year

Rs 12 lakh

IIM Shillong

Post Graduate Programme for Working Executives (MBAWx)

2 year

Rs 12 lakh

Quick Links-

  • Got your CAT and XAT results? Know the B-schools to apply for
  • Baby IIMs - Know All About Fee Structure, Seats, Courses and Placements
  • IIM Executive MBA Fees - Courses, Fee Structure, Payment Method
  • IIT MBA Fees 2024

IIM Hostel Fees

The IIM hostel fees vary from old IIMs to new IIMs, ranging from Rs. 60,000 to Rs. 3,20,000 per year. IIM Ahmedabad and IIM Bangalore are the highest IIM hostel fee paying campuses. Meanwhile, IIM Jammu and IIM Sambalpur have low hostel and accommodation charges. The IIM hostel fees include the cost of accommodation (AC or non-AC), Wi-Fi, mess fee, caution deposit (refundable) and other amenities. Check out the table to know the IIM hostel fees to be paid per year for the various IIMs.

IIM Hostel FeesFees per Year

IIM Ahmedabad Hostel Fees

Rs 2.40 lakhs to Rs. 3.20 lakhs

IIM Bangalore Hostel Fees

Rs. 1.95 lakhs to Rs. 2.35 lakhs

IIM Calcutta Hostel Fees

Rs. 1.80 lakhs to Rs. 2.20 lakhs

IIM Lucknow Hostel Fees

Rs. 95,000 to Rs. 1.35 lakhs

IIM Indore Hostel Fees

Rs. 1 lakhs to Rs. 1.40 lakhs

IIM Kozhikode Hostel Fees

Rs. 1.05 lakhs to Rs. 1.45 lakhs

IIM Trichy Hostel Fees

Rs. 1.20 lakhs to Rs. 1.60 lakhs

IIM Ranchi Hostel Fees

Rs. 1.20 lakhs to Rs. 1.60 lakhs

IIM Sambalpur Hostel Fees

Rs. 60,000 to Rs. 1 lakhs

IIM Rohtak Hostel Fees

Rs. 1.10 lakhs to Rs. 1.50 lakhs

IIM Visakhapatnam Hostel Fees

Rs. 75,000 to Rs. 1.15 lakhs

IIM Kashipur Hostel Fees

Rs. 90,000 to Rs. 1.30 lakhs

IIM Raipur Hostel Fees

Rs. 63,000

IIM Udaipur Hostel Fees

Rs. 85,000 to Rs. 1.25 lakhs

IIM Nagpur Hostel Fees

Rs. 80,000 to Rs. 1.20 lakhs

IIM Bodh Gaya Hostel Fees

Rs. 70,000 to Rs. 1.10 lakhs

IIM Amritsar Hostel Fees

Rs. 65,000 to Rs. 1.05 lakhs

IIM Jammu Hostel Fees

Rs. 55,000 to Rs. 95,000

IIM Sirmaur Hostel Fees

Rs. 50,000 to Rs. 90,000

IIM Shillong Hostel FeesRs. 1 lakhs to 2 lakhs
IIM Mumbai Hostel FeesRs. 75.000

IIM BBA Fees

IIM admission to BBA+MBA courses is granted based on entrance exams such as IPMAT and JIPMAT. Check out the IIM BBA fees or IIM 5 year integrated course fees below.

IIMs

BBA Fees

IIM Indore

Rs 30,00,000

IIM Rohtak

Rs 30,00,000

IIM Ranchi

Rs 15,93,000

IIM Bodh Gaya

Rs 28,00,000

IIM Jammu

Rs 28,06,000

*Note that the IIM BBA fees are subject to change and may vary depending on the IIMs regulations.

IIM MBA Scholarships

The Indian Institute of Management (IIMs) offers various scholarships to such deserving candidates who come from weak financially background. Here we have listed types of scholarships at IIMs.

  • Scholarship of meritorious students
  • Scholarship for candidates from economically weak background

Also See: 5 Money Saving Tips For Your MBA

How to pay IIM MBA fees?

IIM fees are paid semester-wise like installments. MBA aspirants planning to study at IIMs can take educational loans. Banks visit the college campuses at the time of admission, assisting students interested in educational loans for MBA. The other way to fund your MBA at IIM can be a scholarship. IIMs offer merit-based or merit-cum-need based scholarships. A lot of IIMs also offer financial aid to students with severe financial difficulties arising from unforeseen circumstances.

IIM fees for MBA 2 years loan tenures in months

Institute

MBA fees for 2 years

Loan tenure (Bottom 50%)

IIM Ahmedabad

Rs 25 lakh

81

IIM Bangalore

Rs 24.50 lakh

75

IIM Kozhikode

Rs 22.50 lakh

83

IIM Calcutta

Rs 23.00 lakh

70

IIM Lucknow

Rs 26.50 lakh

75

IIM Indore

Rs 21.17 lakh

58

IIM Raipur

Rs 18.00 lakh

80

IIM Rohtak

Rs 17.90 lakh

139

IIM Udaipur

Rs 22.20 lakh

109

IIM Kashipur

Rs 17.30 lakh

92

IIM Tiruchirappalli

Rs 21.00 lakh

111

IIM Ranchi

Rs 17.50 lakh

125

IIM Shillong

Rs 22.71 lakh

71

IIM Visakhapatnam

Rs 17.82 lakh

113

IIM Jammu

Rs 18.85 lakh

152

IIM Nagpur

Rs 18.90 lakh

71

IIM Amritsar

Rs 21.00 lakh

97

IIM Bodh Gaya

Rs 17.00 lakh

99

IIM Sambalpur

Rs 21.01 lakh

93

IIM Sirmaur

Rs 17.50 lakh

90

Also Read | How to fund an MBA

Public Banks IIM MBA Loan Criteria

Almost every public sector bank offers education loans for paying IIM MBA fees. Check out the details of MBA loans offered by top public sector banks below.

Bank offering IIM MBA education loan

Maximum amount of loan

Rate of interest (%)

State Bank of India

30 lakh

8.05 to 10.15

Canara Bank

40 lakh

8.65 to 10.75

Punjab National Bank

75 lakh

8.35 to 10.95

Dena Bank

15 lakh

10 to 11.8

Punjab & Sind Bank

10 lakh

9.75 to 10.75

Central Bank of India

40 lakh

8.10 to 10.4

Union Bank of India

30 lakh

8.65 onwards

Private Banks IIM MBA Loan Criteria

Check out the education loan criteria of private banks.

Private Bank offering IIM MBA loan

Maximum loan amount

Rate of interest (%)

HDFC

45 lakh

6.7 onwards

IDBI Bank Limited

15-20 lakh

8.5 to 10.5

ICICI Bank

50 lakh

10.5 onwards

Axis Bank

75 lakh

8.8 onwards

Kotak Mahindra Bank

10 lakh

11.5 to 24

IIM fee and placement comparison

Majority of the IIMs report a 100% placement record every year and students pay hefty fees for studying there. If we look at the IIM placements stats of last year, the average IIM package offered at top 5 IIMs was Rs 30 to 35 lakh. However, the highest domestic IIM package was more than Rs 1 crore. Check out the table below to understand how much a candidate needs to pay to land in top 5 IIMs and what package they can get in the IIM placement drive.

S.No.

IIMs

IIM MBA Fees

IIM Placement Salary (Highest domestic salary offered)

1

IIM Ahmedabad

Rs 24.61 lakh

Rs 1.15 CPA

2

IIM Bangalore

Rs 24.50 lakh

Rs 1.15 CPA

3

IIM Calcutta

Rs 31.00 lakh

Rs 1.15 CPA

4

IIM Lucknow

Rs 26.50 lakh

Rs 1.00 CPA

5

IIM Indore

Rs 21.17 lakh

Rs 1.14 CPA

Also Read | MBA salary in India

IIM Ahmedabad MBA Fees 2024

At IIM Ahmedabad, the MBA program fee varies for single and married couples. Check out the details of IIM Ahmedabad MBA fees are as follows:

IIM Ahmedabad MBA Fees

MBA Program Phase

Single Students

Married Couples

First commitment

Rs 2,00,000

Rs 2,00,000

Second commitment

Rs 12,00,000

Rs 12,00,000

Balanced course fee

Rs 16,00,000

Rs 18,00,000

Refundable amount

Rs 70,000

Rs 35,000

IIM Bangalore MBA Fees 2024

IIM Bangalore will soon announce the PGP fee structure for the academic batch of 2024-26. Check out last year’s IIM Bangalore MBA fees.

IIM Bangalore 2 year MBA fees

Rs 24,50,000

Caution Deposit (General)

Rs 15,000

Caution Deposit (Hostel)

Rs 5,000

In addition to the above-mentioned amounts, candidates will have to pay mess advance of Rs 30,000 each term.

IIM Calcutta 2024 MBA Fees

IIM Calcutta MBA programme fee for the academic year 2024-25 is Rs 31,00,000/- for one year and it should be payable in four installments.

  • Payment of Rs 2,00,000/- (commitment fee) at the time of acceptance of the admission offer.
  • Payment of Rs 10,00,000/- (second installment), furthermore Rs 60,000/- is to be paid as security deposit which will be refunded after the completion of programme.
  • Payment of Rs 10,00,000/- (third installment)
  • Payment of Rs 9,00,000/- (fourth installment)

IIM Lucknow PGP Fees

IIM Lucknow will soon announce the PGP fee structure for the academic batch of 2024-26. Check out last year’s IIM Lucknow MBA fees.

Particulars

Fees

Term I

Rs. 445000

Term II

Rs. 325000

Term III

Rs. 325000

Term IV

Rs. 330000

Term V

Rs. 325000

Term VI

Rs. 325000

Total

Rs. 20,75,000

IIM Kozhikode MBA Fees 2024

The total MBA fee for IIM Kozhikode MBA fees is Rs 20,50,000/-. Check term-wise IIM Kozhikode MBA fees.

Term

First year (in Rs.)

Second year (in Rs.)

I/IV

4,25,000

4,25,000

II/V

3,00,000

3,00,000

III/VI

3,00,000

3,00,000

IIM Raipur MBA Fees 2024

The total fee for IIM Raipur MBA programms is Rs 18,00,000. Here we have provided term wise IIM Raipur MBA fees for first and second year.

Particulars

Fees

Term I

3,52,000

Term II

2,89,600

Term III

2,89,600

Term IV

2,89,600

Term V

2,89,600

Term VI

2,89,600

Total

18,00,000 (Including caution deposit of Rs 30,000)

IIM Udaipur 2024 MBA Fees

The total fee for MBA programme of IIM Udaipur is Rs 21,20,000/-. At the time of IIM Udaipur offer acceptance, candidates will be required to pay Rs 100000 as an offer acceptance fee.

Particulars

Fees

Term I

3,26,700

Term II

3,47,100

Term III

3,76,000

Term IV

3,47,100

Term V

3,76,000

Term VI

3,47,100

IIM Rohtak MBA Fees 2024

The total programme fee of the IIM Rohtak PGP is as under:

Particulars

PGP I (2024-25)

PGP II (2024-25)

Term I

Term II

Term III

Total

Term IV

Term V

Term VI

Total

Total

355000

270000

270000

895000

355000

270000

270000

895000

IIM Visakhapatnam PGP Fees 2024-26

Fee structure for PGP 2024-26 for IIM Visakhapatnam is Rs 17,82,960/-. Check out detailed IIM Visakhapatnam PGP Fees.

Particulars

PGP I (2024-25)

PGP II (2024-25)

Term I

Term II

Term III

Total

Term IV

Term V

Term VI

Total

Total

2,87,160

2,87,160

2,87,160

8,91,480

2,87,160

2,87,160

2,87,160

8,91,480

  • Caution deposit of Rs 30,000 has to be paid in Term and I & VI.
  • An advance amount of Rs 29,970 (for Mess and AC charges) will have to be paid in addition to the fee mentioned above along with each term fee.

IIM Trichy PGPM (MBA) Fees 2024

For the academic batch of 2024-26, IIM Trichy will soon release fees structure. Last year the fee for PGPM Programme was Rs.19.5 Lakh (excluding Caution Deposit and Mess Advance). The term-wise IIM Trichy PGPM fee details are as follows:

Term

Tuition fee

Mess advance

Caution deposit

Amount to be paid

Term I

3,25,000

20,000

30,000

3,75,000

Term II

3,25,000

20,000

-

3,45,000

Term III

3,25,000

20,000

-

3,45,000

Term IV

3,25,000

20,000

-

3,45,000

Term V

3,25,000

20,000

-

3,45,000

Term VI

3,25,000

20,000

-

3,45,000

IIM Sambalpur MBA Fees

The Indian Institute of Management (IIM) Sambalpur released the MBA fee structure for the academic batch of 2024-26. Check out the IIM Sambalpur MBA fee structure.

Particulars

PGP I

PGP II

Term I

Term II

Term III

Total

Term IV

Term V

Term VI

Total

Total

416000

321000

321000

1058000

396000

321000

326000

1043000

  • The offer acceptance fee of Rs 50000 will be adjusted against the first installment, which will be refunded at the end of the programme.

IIM Ranchi MBA Fees

The MBA fees for IIM Ranchi academic year 2024-26 is yet to be announced.

Particulars

PGP I

PGP II

Term I

Term II

Term III

Term IV

Term V

Term VI

Total

Total

3,25,000

2,85,000

2,85,000

2,85,000

2,85,000

2,85,000

17,50,000

  • Acceptance fee of Rs 1,10,000 to be deposited through online payment mode while accepting the offer of admission will be treated as tuition fee for term I.
  • Caution deposit of Rs 20,000 is refundable at the time of leaving the institute
  • In addition to above mentioned IIM Ranchi fees, mess charges of Rs 27000 will be paid term wise

IIM Bodh Gaya MBA Fees

The total fee for IIM Bodh Gaya MBA programme is Rs 17,00,000. Check out term wise IIM BG MBA fees for the academic year of 2024-26.

Particulars

PGP I

PGP II

Term I

Term II

Term III

Term IV

Term V

Term VI

Total

Total

2,94,000

2,78,000

2,78,000

2,84,000

2,78,000

2,88,000

17,00,000

IIM Sirmaur MBA Fees

IIM Sirmaur MBA fees for 2024-26 has announced.

Programme

Course fee

Master of Business Administration (MBA)

Rs 17.50 lakh

Mast of Business Administration (Tourism & Hospitality Management)

Rs 17.50 lakh

IIM Jammu MBA Fees 2024

The Indian Institute of Management (IIM) Jammu has released MBA fee structure for the academic batch of 2024-26. Check out term wise IIM Jammu MBA fees structure.

Particulars

PGP I

PGP II

Term I

Term II

Term III

Total

Term IV

Term V

Term VI

Total

Total

3,14,790

3,12,480

3,12,480

9,39,750

3,20,790

3,12,480

3,12,480

9,45,750

  • Caution Deposit (Refundable) of Rs. 20000 has to be paid at the time of admission (in addition to Fees and Expenses mentioned).
  • The amount of Rs. 50,000 deposited while accepting the offer of admission will be adjusted against the 1st Term Fee.

IIM Amritsar MBA Fees

IIM Amritsar MBA fees have been announced for the batch 2024-26.

First year

Second year

Term

Amount

Term

Amount

I

3,40,000

IV

3,40,000

II

3,05,000

V

3,05,000

III

3,05,000

VI

3,05,000

Total

9,50,000

Total

9,50,000

  • Rs 50,000/- caution deposit before registration
  • Rs 1,50,000/- mess deposit before registration

IIM Shillong MBA Fees

IIM Shillong released the fee structure for PGP batch 2024-26. Based on the previous year’s IIM Shillong fees, IIM Shillong fees are around Rs. 22,00,000.

IIM Kashipur MBA Fees 2024

The Indian Institute of Management (IIM) Sirmaur has released MBA fee structure for the academic batch of 2024-26. Check out term wise IIM Kashipur MBA fees structure.

Particulars

PGP I

PGP II

Term I

Term II

Term III

Term IV

Term V

Term VI

Total

Total

3,18,000

2,82,000

2,82,000

2,84,000

2,82,000

2,82,000

17,30,000

IIM Nagpur MBA Fees 2024

The total fee of the IIM Nagpur MBA fees for the batch of 2024-26 is Rs.18,90,000 excluding a refundable caution deposit of Rs 50,000.

IIM Indore PGP Fee Structure

IIM Indore will soon release MBA fee structure for the academic batch of 2024-26. Check out last year’s IIM Indore MBA fees structure.

Particulars

PGP I

PGP II

Term I

Term II

Term III

Total

Term IV

Term V

Term VI

Total

Total

4,03,679

3,53,000

3,48,000

11,04,679

3,35,679

3,35,000

3,41,800

10,12,479

IIM Mumbai MBA Fee Structure 2024

IIM Mumbai MBA fees for the academic year 2024-26 ie yet to be announced. According to the latest announcement, IIM Mumbai will charge Rs. 21 lakhs for its MBA programs.

Browse Top MBA Colleges Accepting CAT Score: Location-Wise

MBA College in Delhi Accepting CAT ScoreMBA College in Delhi NCR Accepting CAT Score
MBA College in Bangalore Accepting CAT ScoreMBA College in Mumbai Accepting CAT Score
MBA College in Pune Accepting CAT ScoreMBA College in Hyderabad Accepting CAT Score
MBA College in Chennai Accepting CAT ScoreMBA College in Ahmedabad Accepting CAT Score
MBA College in Kolkata Accepting CAT Score
MBA College in India Accepting CAT Score

Check out for more details on IIM seats:

Total Seats in IIM for MBA/PGDM, Category-wise IIM Seats & Distribution

IIM Seats for General Category

IIM Seats for OBC Category

IIM Seats for ST and SC Category