IIM MBA Fees - Check Complete IIM Fees Structure for MBA
Common Admission Test 2024 ( CAT )
IIM fees for MBA range between INR 17 lakh and 27 lakh. While the fee of older IIMs is above INR 25 lakh, the fee of baby IIMs is under 20 lakh. Check out the MBA fees of all IIMs, including IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Kozhikode and IIM Indore.
IIM MBA fees ranges between INR 17 and INR 27 lakh. Cost of MBA from the top three IIMs - Ahmedabad, Bangalore and Calcutta is highest (between INR 24 lakh to INR 27 lakh) where as MBA fees at newer IIMs like Bodh Gaya and Sirmaur is between INR 17 to INR 21 lakh. The discrepancy in the MBA fee structure of the old and the new IIMs is due to the fact that older IIMs do not get funds from the government for maintenance and other expenditure, while the new IIMs are financially supported by the government. Despite that, one can say that IIM MBA fees is on the higher side.
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There is a 90% more chance of getting best college recommendations by sharing preferences.IIM admission for full-time MBA has commenced with the release of PI shortlists and the interview round will be held in March-April 2025. Admissions will be based on CAT 2024 exam. Candidates planning to pursue an MBA programme at any of the IIM campuses in the 2025 academic year, must know its fees and admission criteria. Although, the IIMs offer scholarships to deserving students and provide loan assistance, it is wise to check before applying whether the cost of MBA from IIM is feasible to you or not and what are the available options.
In this article, you will get information related to annual MBA fees at IIMs along with the scholarships offered by them. You will also find the following information:
- Components of IIM MBA fees
- Annual course fee of two-year MBA/PGP programme of each IIM
- PGP fee structure and scholarship of each IIM
- Scholarship schemes offered by each IIM
Q: How much does IIM Nagpur cost?
Q: Is IIM Ahmedabad costly?
Q: What's new in CAT exam?
There has been no change in exam pattern and syllabus of the CAT exam from last year apart from the fee amount which has been increased from INR 2,400 to INR 2,500 for General category candidates and from INR 1,200 to INR 1250 for Reserved category candidates.
Another key change in the latest CAT application form is reduction in the number of test city selection from six to five. The CAT 2024 applicants can only select 5 cities for test centre allotment.
During COVID era,
- Candidates had to mention their COVID-19 vaccination status in the CAT application form.
- Eligibility criteria for CAT was extended for FCAI degree holders. Now, they are also eligible to appear for the CAT.
IIM Fees Structure for MBA: Components
MBA aspirants must know what constitutes the IIM fees so that he/she can make financial arrangements before admission, if required. The IIM fees structure for MBA includes tuition fee, boarding and lodging as well as other expenses for services and utilities. An important component of IIM MBA fees is the expense of international immersion programme. Some IIMs allow candidates to take up private residence outside the campus after the first year of the programme. The MBA course fee is to be paid semester-wise. IIM fees includes following expenses:
- Tuition fee
- Personal expenses
- Boarding
- Travel
- Course material
- Mess charges
- Library
- Internet
- Laptop and computer
- Alumni activity and
- Miscellaneous expenses
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IIM Fees for MBA/PGP 2025-27
Below is the list of MBA/PGP programme fees of each IIM. The amount mentioned here is course fee of full-time MBA/PGP (two years). The fees may increase in the new academic session.
| IIM campus |
IIM MBA Fees (latest) |
|---|---|
| INR 25.00 lakh |
|
| INR 24.50 lakh |
|
| INR 27.00 Lakh |
|
| INR 20.70 lakh |
|
| INR 20.50 lakh |
|
| INR 18.00 lakh(excluding boarding fees) |
|
| INR 14.96 lakh |
|
| INR 17.90 lakh |
|
| INR 17.82 lakh |
|
| INR 19.50 lakh |
|
| INR 21.01 lakh |
|
| INR 17.20 lakh |
|
| INR 17.96 lakh |
|
| INR 17.50 lakh |
|
| INR 18.85 lakh |
|
| INR 21.00 lakh |
|
| INR 17.50 lakh |
|
| INR 17.30 lakh |
|
| INR 18.90 lakh |
|
| INR 21.17 lakh |
|
| INR 14.00 lakh |
Campus wise IIM Fee Details
IIM MBA fee includes various charge, inlcuding infrastructure, hostel, library, mess, etc. For campus-wise MBA fees structure of the IIMs, check the links mentioned in the table below:
| Planning to study MBA in India? Find useful insights & emerging trends on student preferences for MBA colleges, locations and more. |
Q: What is the MBA fee of IIM Ahmedabad?
As per the details collated from unofficial sources, the total tuition fee for the PGP and PGP FABM course for the 2024-26 batch is INR 18.3 Lacs (inclusive of all taxes). However, the aforementioned fee is only indicative considering it is sourced from unofficial sources. However, as per the official website, the over MBA programme fee is inclusive of tuition fee, course materials fee, student’s stay and food during campus visits and other service facilities, such as library, etc. Students can also pay this programme fee in installments. The institute shares the fee structure along with the admission offer. For the ease of the students, IIM-A also has tie-ups with multiple banks to offer collateral-free education loans.
Q: Does CAT have negative marking?
IIM MBA Fee and Return on Investment (ROI)
The ROI on pursuing MBA from top IIMs is quite high. However, it is not in case on new/baby IIMs. Year by year, the average salary offer is rising at these campuses and more and more companies are beginning to participate in the campus placement process for MBA students. Check below the table for comparison between MBA fee and average salary offer in campus placements, to get an idea out IIM MBA ROI.
| IIM |
IIM Fee (In Lakhs) |
Average CTC offered in Campus placements ( latest data) |
|---|---|---|
| IIM Ahmedabad |
INR 25.00 lakh |
INR 34.45 LPA |
| IIM Bangalore |
INR 24.50 lakh |
INR 35.92 LPA |
| IIM Calcutta |
INR 27.00 Lakh |
INR 35.07 LPA |
| IIM Lucknow |
INR 20.70 lakh |
INR 30.00 LPA |
| IIM Kozhikode |
INR 20.50 lakh |
INR 29.20 LPA |
| IIM Indore |
INR 21.17 lakh |
INR 25.68 LPA |
| IIM Raipur |
INR 18.00 lakh |
INR 21.04 LPA |
| IIM Shillong |
INR 17.50 lakh |
INR 26.10 LPA |
| IIM Rohtak |
INR 17.90 lakh |
INR 19.27 LPA |
| IIM Kashipur |
INR 17.30 lakh |
INR 18.10 LPA |
| IIM Jammu |
INR 18.85 lakh |
INR 15.48 LPA |
| IIM Udaipur |
INR 14.96 lakh |
INR 18.80 LPA |
| IIM Trichy |
INR 19.50 lakh |
INR 19.43 LPA |
| IIM Visakhapatnam |
INR 17.82 lakh |
INR 15.61 LPA |
| IIM Bodhgaya |
INR 17.96 lakh |
INR 13.09 LPA |
| IIM Ranchi |
INR 17.20 lakh |
INR 18.69 LPA |
| IIM Nagpur |
INR 18.90 lakh |
INR 16.29 LPA |
| IIM Sambalpur |
INR 21.01 lakh |
INR 14.21 LPA |
| IIM Sirmaur |
INR 17.50 lakh |
INR 14.45 LPA |
| IIM Amritsar |
INR 21.00 lakh |
INR 16.51 LPA |
| IIM Mumbai |
INR 14.00 lakh |
INR 29.44 LPA |
Suggested reading:
IIM Fees of Executive MBA programmes
Check the table below for some of the popular IIM MBA programmes (Executive) and their fees:
| Executive MBA programme |
Course Fee (approx.) |
|---|---|
| IIM Ahmedabad - PGPX |
INR 33.00 Lakh |
| IIM Bangalore - EPGP |
INR 33.96 Lakh |
| IIM Calcutta - MBAEx |
INR 31.00 Lakh |
| IIM Indore - EPGP |
INR 22.11 Lakh |
| IIM Lucknow - IPMX |
INR 26.00 Lakh |
| IIM Kozhikode-Executive MBA |
INR 12.00 Lakh |
| IIM Raipur - ePGP |
NA |
| IIM Udaipur - EMBA |
INR 14.20 Lakh |
| IIM Rohtak - PGPx |
INR 7.43 Lakh |
| IIM Visakhapatnam- EMBA |
INR 10.80 Lakh |
| IIM Trichy - PGPM |
INR 14.50 Lakh |
| IIM Sambalpur- Exe-MBA |
INR 12.00 Lakh |
| IIM Ranchi- Executive MBA |
INR 12.50 Lakh |
| IIM Jammu- EMBA |
INR 9.92 Lakh |
| IIM Amritsar - EMBA |
INR 12.00 Lakh |
| IIM Shillong - PGPEx |
INR 22.71 Lakh |
| IIM Kashipur – Executive MBA |
INR 12.00 Lakh |
| IIM Nagpur-Executive MBA |
INR 9.50 Lakh |
| IIM Indore- EPGP |
INR 22.11 Lakh |
IIM MBA Scholarships
The IIMs provide various scholarships to deserving candidates who come from financially weak background. There are primarily two types of scholarships at IIMs - Scholarship for candidates from economically weak background and scholarship for meritorious students. The table below, contains links to the list of all the scholarships provided by the IIMs to deserving students. Click on the links to know complete details of IIM scholarships:
Read More:
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Check CAT Cutoffs and predict calls from IIMs and other Top MBA Colleges, whether your CAT score is 70 percentile, 80 percentile or 90 percentile. Check Fees, Placement Reviews, Admission, Shortlist Criteria and eligibility of all MBA Colleges by clicking the link below:
Predict CAT IIM & Non IIM CallsImportant FAQs on IIM Fees for MBA
Q: What is the fees of IIM for MBA?
A: The fees of MBA courses offered by the IIMs range from INR 15.50 lakh (IIM Bodhgaya) to INR 27 INR lakh (IIM Calcutta). The fees includes boarding, mess and other expenses. The total MBA fees is to be paid in instalments term-wise. The break of fee payment is shared with the candidate before admission.
Q: Why is IIM fees so high?
A: Although, the IIMs are financially aided by the government, the MBA fees is high because they are autonomous institutes, which means they don't receive funding from the government for regular functioning and have to meet the expenses on their own.
Q: Is IIM a government-aided institute?
A: The Government of India financially aids the newer Indian Institute of Management institutes but they have no say in administrative decisions and day to day functioning of the institutes. The decisions regarding admission, courses, curriculum, administration, operations, etc. is taken independently by the institutes.
Q: Do IIMs offer scholarships to candidates?
A: Yes, there is a range of scholarship schemes offered by every IIM. IIM Ahmedabad has about 13 scholarship schemes for students. The scholarships are offered to the candidates basis merit and financial status. To avail scholarship, candidates from weak financial background have to submit relevant documents of family income and fill the scholarship form.
Q: Which IIM has the lowest MBA fees?
A: IIM Bodhgaya has the lowest MBA fees. It's current fees is INR 15.50 lakh. The IIM Bodhgaya fees for MBA can be paid in instalments and there are scholarships and loan assistance available.
Q: What is the fees of Executive MBA course at IIMs?
A: The course fee of Executive MBA courses at IIMs is above INR 20 lakh. The fees is to be paid semester-wise. Candidates are also provided loan assistance by the institutes for Executive MBA courses as well.
Q: Can I get a bank loan to pay IIM fees?
A: Yes, several nationalised banks offer education loans up to INR 10 lakh to candidates for IIM admission. The IIMs facilitate education load proceedings to students who wish to avail the service. Students can also apply for scholarship schemes offered by the IIMs.
Q: What is the admission process of IIM MBA?
A: IIM admission process for MBA programme includes – CAT exam, Written Ability Test/Group Discussion (WAT/GD) and Personal Interview (PI). Candidates are selected for WAT/GD-PI on the basis of CAT score. Candidate's performance in WAT/GD-PI and academic record determines his/her admission.
Q: How much CAT percentile is required by General category students to get any IIM?
A: General category students require over 99 percentile for admission to old IIMs (Ahmedabad, Bangalore, Calcutta, Lucknow and Kozhikode) and over 95 percentile for new IIMs. The CAT cut off for IIM admission is much lower for reserved category students.
Q: Is the CAT cut off percentile for student of SC/ST category students lower than General category?
A: Yes, the CAT cut off percentile for student of SC/ST category students lower than General category. Both the qualifying cut offs and final cut offs are lower for Reserved category candidates. However, there is no fee relaxation for any category student.
Q: Does government decide IIM fees?
A: No, the government has no say in deciding fees of any course offered by the IIMs or about any monetary decisions related to the institutes. The IIM management body takes all the financial and administrative decisions independently.
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Contributor-Level 10
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Contributor-Level 7
IIM Nagpur offers postgraduate courses such as MBA at a total fee of INR 18.9 lakh. It's important to note that this amount covers only the tuition fee and not other expenses such as transportation and hostel charges which are also included in the total fee. However, being a government college, the fee is not exorbitant and the college offers scholarships to students who may find it difficult to pay the fees. To gain admission to MBA, students must write the CAT entrance exam.