IIM Shillong MBA Fees: Check Fee Structure, Scholarships and Other Details

Vipra
Vipra Shrivastava
Senior Manager - Content
3 mins readUpdated on Oct 21, 2026 11:57 IST
IIM Shillong MBA fees is INR 26 lakh for the batch of 2026-2028. Candidates have to pay the fee semester wise. The average package for IIM Shillong students in INR 26 Lakh which is same as the IIM Shillong MBA fees. Check here detailed break down of IIM Shillong MBA fees.

IIM Shillong MBA fees is INR 26.18 lakh for the batch of 2026-2028. The fee is to be paid semester-wise in instalments. The institute also offers scholarships to commendable students. Check here for a detailed breakdown of IIM Shillong MBA fees.

IIM Shillong MBA fees

IIM Shillong MBA fees

IIM Shillong MBA fees is approximately INR 26.18 lakh. The fee amount is divided semester-wise and is to be paid per semester. The fee amount includes tuition fee and mess charges for PGP. Candidates planning to pursue an MBA from IIM Shillong must be aware of the cost of the degree and its ROI to make an informed decision. The institute has been ranked number 24 in the MHRD-NIRF ranking list of top management schools in India. The average package of IIM Shillong stands at INR 26 lakh, almost the same as IIM Shillong's MBA fees. The return on investment is not good compared to other MBA colleges; however, the degree from IIM Shillong has good value in the job market. The fee breakdown of the IIM Shillong MBA is provided below.

Table of contents
  • IIM Shillong MBA Fees: Key Aspects
  • IIM Shillong MBA Fee Structure
  • IIM Shillong MBA Fees: Scholarship
  • IIM Shillong MBA Fee Refund Policy
  • IIM Shillong MBA fee vs placements

IIM Shillong MBA Fees: Key Aspects

Key aspects of IIM Shillong MBA fees is provided below:

  • The course fees are different for domestic and international candidates. (This article contains the fee structure for domestic candidates only)
  • IIM Shillong MBA fees can be paid in instalments semester-wise.
  • The fee amount is liable to change for the upcoming academic session, depending on the rise in cost incurred per students
  • IIM Shillong offers merit-based and need-based scholarships to students.
IIM Shillong Fee structure and Placement overview: Learn about the detailed fee structure and placement details.

IIM Shillong MBA Fee Structure

Check below semester-wise break-up of IIM Shillong MBA fees for 2026-2028 batch.

Particulars

Fee amount

Acceptance Fee + caution deposit + advance for mess charges

INR 90,000

Term 1 fees + advance for mess charges

INR 3,81, 000

Term 2 fees + advance for mess charges

INR 4,33,000

Term 3 fees + advance for mess charges

INR 4,33,000

Term 4 fees + advance for mess charges

INR 4,33,000

Term 5 fees + advance for mess charges

INR 4,33,000

Term 6 fees + advance for mess charges

INR 4,33,000

IIM Shillong MBA Fees: Scholarship

IIM Shillong offers scholarships to meritorious students with the aim of making the MBA degree accessible to all, from across the social spectrum. Check below IIM Shillong MBA scholarships.

  • Scheme of Top Class Scholarship for SC Students – SC Scholarship for Ministry of Social Justice and Empowerment
  • Need-Based Financial Assistance (NBFA) scheme – IIM Shillong

Scholarships are also available to Scheduled Caste (SC)/ Scheduled Tribe (ST)/People with Disabilities (PWD) participants by the Government of India.

IIM Shillong MBA Fee Refund Policy

In case a candidate decides to withdraw MBA admission, IIM Shillong will refund the fee amount to candidates after deduction of INR 1000, as per the AICTE guidelines. However, the fee will be refunded only if the candidate decides to withdraw admission within the stipulated time limit.

IIM Shillong MBA fee vs placements

As mentioned earlier, IIM Shillong MBA ROI is not encouraging, as the cost of the course over 2 years is the same as the starting salary of the student through campus placements.

Below are the salary figures of IIM Shillong final placements of last year:

Particulars Amount
Highest salary offered INR 71.50 LPA
Salary offered to Top 10% INR 41.13 LPA
Salary offered to top 20% INR 38.53 LPA
Salary offered to top 50% INR 32.23 LPA
Average salary offered INR 26.44 LPA
Median salary offered INR 25.00 LPA

Read More:

IIM Shillong MBA placements

IIM Shillong MBA admission criteria

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Vipra Shrivastava
Senior Manager - Content

Vipra Shrivastava is MA in English Literature from Delhi University with extensive experience in content writing of over 14 years. She has been handling content for Management, Accounting and Commerce streams for 8

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Answered a month ago

Yes, major banks provide quick, collateral-free educational loan assistance for the Post Graduate Programme in Management (PGPM) fee at IIM Shillong.

S

Swati Pandey

Contributor-Level 10

Answered 2 months ago

Pre-placement offers play a major role in employment success at IIM Shillong PGPM. In the recent placement cycle, students successfully secured 102 pre-placement offers based on their summer internship performances. 

R

Rashmi Karan

Contributor-Level 9

Answered 2 months ago

Overall average package for Indian Institute of Management, Shillong 2026 batch was recorded at INR 27.03 LPA, showing steady growth. Alongside this, the median package reached a strong INR 26 Lakh. 

R

Rashmi Karan

Contributor-Level 9

Answered 2 months ago

Total course fee of PGPM is INR 26.18 Lacs for the entire duration. This structure includes a core tuition fee component of INR 25.28 Lakh, a one-time refundable caution deposit and other institutional charges. 

R

Rashmi Karan

Contributor-Level 9

Answered 2 months ago

Newly admitted students must submit a formal application along with authenticated income certificates to request financial aid at Indian Institute of Management, Shillong PGPM. The institute's specialised scholarship committee reviews all applications individually to verify eligibility. Approved app

...Read more

R

Rashmi Karan

Contributor-Level 9

Answered 2 months ago

Students appearing for the final year of their bachelor's degree can apply for Indian Institute of Management, Shillong PGPM without any issues. They must submit a certificate from their principal stating they expect to complete all graduation requirements. Final admission is granted provisionally,

...Read more

R

Rashmi Karan

Contributor-Level 9

Answered 2 months ago

The recruitment ecosystem for Indian Institute of Management, Shillong PGPM is robust and expands consistently every year. In the latest final placement season, more than 140 companies visited the campus to recruit fresh talent. Out of these, over 50 were first-time recruiters.

R

Rashmi Karan

Contributor-Level 9

Answered 2 months ago

Consulting emerges as the top sector for IIM Shillong PGPM, attracting around 30% of the entire batch. Finance follows closely behind by recruiting 25% of the students. Other major streams contributing to the career highlights include Sales & Marketing, IT & Analytics, and General Management.

R

Rashmi Karan

Contributor-Level 9