IIT Kharagpur MBA Fees: Check Fee Structure, Scholarships and Other Details

Vipra
Vipra Shrivastava
Senior Manager - Content
3 mins readUpdated on Oct 16, 2026 11:30 IST
IIT Kharagpur MBA fees is expected to be INR 12.94 lakh for the batch of 2027-2029. The first instalment is to be paid at the time of admission. At the time of MBA admission, candidates have to pay the first instalment of the fee. Check here detailed break down of IIT Kharagpur MBA fees:

IIT Kharagpur MBA fees were INR 12.94 lakh for the batch of 2026-2028. The course fee is expected to be the same for the 2027-2029 batch as well. The first instalment is to be paid at the time of admission. Check here the detailed breakdown of IIT Kharagpur MBA fees.

IIT Kharagpur MBA fees

IIT Kharagpur MBA fees

IIT Kharagpur MBA fees is INR 12.94 lakh required to be paid in four instalments, semester wise. MBA aspirants planning to do MBA from IIT Kharagpur should know the total fee required for the degree along with its return on investment. IIT Kharagpur offers MBA (full time). The personal interview round for the admissions are usually conducted in the month of February-March and the final offer for admission is out in May. Post that, selected candidates are notified and required to pay the first instalment of the IIT Kharagpur MBA fee along with other one-time charges.

IIT Kharagpur MBA is one of the top ranked management courses by MHRD-NIRF, it is ranked Number 19 among top 100 management institutes in India in NIRF ranking 2025. IIT Kharagpur VGSOM is a popular option for MBA among CAT aspirants because the fee is much lower than other top ranked MBA colleges in India. The ROI of IIT Kharagpur MBA is very good with average CTC offer of INR 22 lakh per annum in campus placements. Read below all about IIT Kharagpur MBA fees.

Also Read: MBA from IITs

Table of contents
  • IIT Kharagpur MBA fees: Key Aspects
  • IIT Kharagpur MBA Fee Structure
  • IIT Kharagpur Hostel Fees for MBA
  • IIT Kharagpur MBA Fee Structure: First Instalment
  • IIT Kharagpur MBA Fee Refund Policy

IIT Kharagpur MBA fees: Key Aspects

Key aspects of the IIT Kharagpur fees for MBA programme are provided below:

  • The course fees is different for domestic and international candidates.
  • IIT Kharagpur MBA fees can be paid in instalments semester wise.
  • There can be change in the total fee year after year depending on costs incurred by the institute per student.
  • IIT Kharagpur offers merit based and need based scholarships to students.
  • There is 100 per cent tuition fee waiver for SC/ST/PwD candidates.
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IIT Kharagpur MBA Fee Structure

Given below is the semester wise break-up of IIT Kharagpur MBA fees for 2026-2028 batch. The fee for 2027-2029 batch is expected to be the same.

Description

Semester-1

Semester-2

Semester-3

Semester-4

Caution Money and Deposits

Institute

1000

-

-

-

Library

1000

-

-

-

Hostel

4000

-

-

-

Total

6000

-

-

-

One Time Fee

Statutory Fee

1500

--

-

--

Alumni Subscription

2000

-

-

-

Medical Examination

200

-

-

-

Students’ Welfare Fund

300

--

-

-

Modernisation Fee

700

-

-

-

Training & Placement fee

1500

-

-

-

Hostel Admission fee

1000

-

-

-

Hall Budget

1000

-

-

-

International Immersion Program

100000

-

-

-

Total

108200

-

-

-

Semester Fee

Tuition Fee

250000

250000

250000

250000

Registration

400

400

400

400

Examination

500

500

500

500

Student Amenities

800

800

800

800

Internet Connectivity

600

600

600

600

Gymkhana

900

900

900

900

Technology Film Society

100

100

100

100

Medical Registration

200

200

200

200

Laboratory

800

800

800

800

Hostel Seat Rent

750

750

750

750

Electricity & Water Charges

1000

1000

1000

1000

Total

256050

256050

256050

256050

Students’ Brotherhood Fund (Yearly)

200

-

200

-

Insurance Premium (Yearly)

2500

-

2500

-

IIT Kharagpur Hostel Fees for MBA

Candidates who avail hostel facility have to pay INR 1.50 lakh. Check below semester wise break up of IIT Kharagpur Hostel Fees for MBA.

Hoster Charges

Semester 1

Semester 2

Semester 3

Semester 4

Mess advance

14500

14500

14500

14500

Hall Establishment Charge

22140

22140

22140

22140

Hostel Overhead Charge

1070

1070

1070

1070

Total

37710

37710

37710

37710

IIT Kharagpur MBA Fee Structure: First Instalment

At the time of MBA admission, candidates have to pay the first instalment of the fee. Post the acceptance of admission offer, candidates have to complete the admission process and pay the first instalment by a certain deadline.

  • First installment for GEN/OBC/EWS Category: INR 4, 10, 660
  • First installment for SC/ST/PwD Category: INR 60.660.

IIT Kharagpur MBA Fee Refund Policy

As per the AICTE guidelines, the fee amount will be refunded to candidates after deduction of INR 1000, if the candidate decides to withdraw admission before commencement of the classes. The tuition fee is refundable only if the candidate doesn’t opt for international immersion programme.

Also Read:

IIT Kharagpur MBA admission criteria and cut offs

IIT Kharagpur MBA placements: Highest and average package

IIT Delhi MBA fees, scholarships and other details

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About the Author
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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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Student Forum

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Write here...

Answered a year ago

The top recruiters that participated during the placement drive are presented below:

  VGSOM IIT Kharagpur Top Recruiters 

Amazon

KPMG 

ICICI 

Deloitte 

PWC 

Berger

EY

Wipro 

Accenture 

M

Meitankeisangbam Vasundha

Contributor-Level 10

Answered a year ago

VGSOM selection criteria is mainly entrance-based and requires students to appear for the personal interview or written test. The table below mentions course-wise selection criteria of the institute:

Course
Selection
MBA/PGDM
CAT + PI
Executive MBA/PGDM
Written Test + Interview
PhD
Entrance-based
PGDBA
PGDBA Admission Test + PI

U

Upasana Harsha

Contributor-Level 10

Answered a year ago

Faculty members of VGSoM IIT Kharagpur are genuinely good and very supportive. You need to focus on your academics but also they are very strict regarding rules and regulations.

L

Lovekush Ghunawat

Contributor-Level 6

Answered a year ago

The infrastructure of Vinod Gupta School of Managment Indian Institute of Technology Kharagpur is excellent. 

Facilities:-

  1. Financial research Lab
  2. Computer Lab
  3. Library with AC
  4. AC classroom 

Campus is also very beautiful with WiFi facilities, hostels for MBA students are seprate from other halls and are wel

...Read more

L

Lovekush Ghunawat

Contributor-Level 6

Answered a year ago

No, students can not join VGSOM IIT Kharagpur without CAT. Admission to the Vinod Gupta School of Management (VGSOM) MBA programme at IIT Kharagpur is based on CAT scores and a personal interview. Candidates must also have a 4-year bachelor's degree with a minimum of 60% marks. 

 

M

Mayank Surbhi

Contributor-Level 10

Answered a year ago

The key highlights of VGSOM IIT Kharagpur summer placements for the batch of 2023-25 batch as compared with previous two batch are presented below:

Particulars

MBA Summer Placement Statistics (2021-23 Batch)

MBA Summer Placement Statistics (2022-24 Batch)

MBA Summer Placement Statistics (2023-25 Batch)

the highest stipend

INR 3 lakh

INR 3.4 lakh

INR 5.35 lakh

Median stipend

INR 1.53 lakh

INR 1.84 lakh

INR 2.6 lakh

Average stipend

INR 1.36 lakh

INR 1.77 lakh

INR 2.07 lakh

Placement rate

100%

100%

100%

Companies visited

30

40

45

Top 50% average stipend

NA

INR 2.25 lakh

INR 3.32 lakh

Top 25% average stipend

NA

INR 2.52 lakh

INR 3.49 lakh

Top 10% average stipend

NA

INR 2.97 lakh

INR 4.61 lakh

Students registered

96

125

137

Students placed

96

125

137

N

Nishtha Arora

Contributor-Level 10

Answered a year ago

Strategy & Consulting domain emerged the top recruiting domain that placed 45% of the total students during VGSOM IIT Kharagpur MBA placements 2025. The sector-wise placement distribution recorded during VGSOM IIT Kharagpur MBA placements 2025 is presented below:

Domain

MBA Placement Distribution (2025)

Strategy & Consulting

45%

BFSI

11%

Operations

20%

Analytics

15%

Sales & Marketing

7%

Others

2%

A

Aayush Singh

Contributor-Level 10

Answered a year ago

Yes, VGSOM IIT Kharagpur has provided 100% placements for its MBA programme over the past three years, and the batch placement data over the past three years are presented below:

Particulars

MBA Placement Statistics (2023)

MBA Placement Statistics (2024)

MBA Placement Statistics (2025)

Placement rate

100%

100%

100%

Total PPOs

41

46

36

Students registered

94

118

139

Students placed

94

118

139

K

Krishnendu Chatterjee

Contributor-Level 10