IIM Ahmedabad Fees for MBA | Check Fee Structure and Scholarships

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Saumya
Saumya Jain
Assistant Manager- Content
Updated on May 19, 2022 15:07 IST
Course fee is an important factor in determining a candidate's choice of college. This article brings you a quick overview of IIM Ahmedabad's fee structure and the scholarships offered.

The foremost Indian Institute of Management (IIM), IIM Ahmedabad is one of the most expensive, not just among all the 20 IIMs but all management colleges across the country. IIM Ahmedabad has a history of hiking the fees for their flagship courses in the bygone years. It is important for the aspirants to understand the IIM Ahmedabad fees and fee structure for the MBA programme. This will help candidates in making financial arrangements accordingly. Shiksha brings you a quick overview of fees and the scholarships offered at IIM Ahmedabad. The article will give you information on:

  • Annual course fees at IIM Ahmedabad for the MBA programme for 2021-23 batch
  • Components of IIM Ahmedabad fee structure
  • Scholarship schemes offered at IIM Ahmedabad

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Annual Course Fee for MBA at IIM Ahmedabad

The total programme fee for PGP courses offered at IIM Ahmedabad ranges between INR 10 lakh to 23 lakh, with IIM Ahmedabad being the most expensive among all. At present, the total programme fee payable for the MBA course is INR 23 lakh. The amount is inclusive of:

  • INR 16,99,000 tuition fee + GST
  • Expenses for laptops, boarding, laundry, clothes, and personal expenses are extra.

IIM Ahmedabad Fee Structure for MBA (2021-23 batch)

Refer to the table below to know the bifurcation of the IIM Ahmedabad fee structure for the 2021-23 batch.

Features

Fees (in INR)

IIM Ahmedabad Application Fees

2,200

IIM Ahmedabad Tuition Fees

16,99,000

IIM Ahmedabad Other Expenses

5,50,000 (approx)

IIM Ahmedabad Registration Fees

42,500 (approx)

Note: The registration fees are to be paid after the offer of admission

Also Read: Fee structure of all the IIMs

Other Components of IIM Ahmedabad Fees

The IIM Ahmedabad course fee includes boarding and lodging as well as other expenses for services and utilities. IIM-A fees include the following costs:

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

Schedule of Payment of IIM Ahmedabad Fees

The total programme fee at IIM Ahmedabad can be paid in instalments. There is no compulsion of making the complete payment altogether.

Scholarships Offered at IIM Ahmedabad

Besides the financial assistance and education loans provided by IIMs to its aspirants, the institutes also provide the opportunity to avail scholarships for candidates who are in need. The following scholarships are offered at IIM A. The total amount of scholarship to be provided to a student is decided on the basis of several factors such as:

  • Gross family income
  • Assets owned
  • Number of dependents in the family

Need-Based Scholarships at IIM Ahmedabad

IIM Ahmedabad has instituted a Need-Based Scholarship Scheme to complement the various scholarships provided by the industry and government. Every year, a number of IIM aspirants are provided substantial financial support under this scheme. Students admitted to the postgraduate programmes whose gross annual income is below INR 15,00,000 in the previous financial year are eligible to apply for this scholarship scheme. They will be required to present proof of family income, amount of educational loan taken, candidate’s past earnings, etc. The annual income will be calculated as the total income of the parents/guardian and spouse (if married). The income before the tax deduction will be considered. The institute will determine the financial assistance required for each student based on its assessment of the student's economic status evaluated through criteria such as movable and immovable family assets, the number of dependents on the family income, and any other criteria it may deem necessary.

Industry Scholarships at IIM Ahmedabad

IIM Ahmedabad also awards various industry scholarships to students based on their academic performance. The Aditya Birla Scholarships and the Sir Ratan Tata Scholarships instituted by Sir Ratan Tata Trust, Mumbai, are some of these scholarships.

SC/ST Scholarships

All the students belonging to the SC/ST categories in the postgraduate programmes are awarded INR 150 per month for 10 months. 

Check: Detailed account on IIM Ahmedabad scholarships

Applications to register for scholarships are invited by IIM Ahmedabad in the month of July/August every year. In order to avail of the same, candidates can contact the IIM Ahmedabad branch office for details.

Read More:

FAQs Related to IIM Ahmedabad Fees

Q: What is the fee for MBA at IIM Ahmedabad?

A: The total programme fee for PGP courses offered at IIMs ranges between INR 10 lakh to INR 22 lakh, with IIM Ahmedabad being the most expensive among all. The total programme fee at IIM A is INR 23 lakh. 

Q: Why is the IIM A fee so high?

A: Indian Institute of Management, Ahmedabad is an autonomous institute which means it does not receive funding from the government and have to meet the expenses on its own.

Q: What is the fee of an executive MBA at IIM Ahmedabad?

A: The executive MBA fee at the prestigious IIM Ahmedabad is INR 30.35 lakh for candidates opting for Single Accommodation and INR 32 lakhs for candidates opting for Married Student Housing plus the cost of the International Immersion Programme (IIP) excluding travel and stay related expenses.

Q: Can I get a bank loan to pay the fee at IIM Ahmedabad?

A: Yes, several nationalised banks offer education loans to students. IIM-A facilitate education load proceedings to students who wish to avail the service. Students can also apply for scholarship schemes offered at IIM Ahmedabad.

Q: What is the admission process to secure a seat in IIM Ahmedabad?

A: Students who wish to get admission to IIM A, need to appear for CAT, Written Ability Test (WAT) and Personal Interview. Candidates who meet the CAT cutoff will be called for WAT/GD and PI. If they clear the WAT/PI round, then they will be offered the admission at IIM A. 

Q: What is the CAT cutoff for admission to IIM Ahmedabad?

A: Students must secure 99 percentile and above for admission to IIM Ahmedabad. The cut off is lesser for reserved category students.

Q: Is CAT cutoff accepted in IIM A for reserved category students lesser than General category?

A: Yes, the CAT cut off percentile for student belonging to the SC/ST category students is lower than those belonging to the General category. Both the qualifying cut offs and final cut offs are lesser for reserved category candidates.

Q: Who decides the IIM Ahmedabad fees?

A: The management body of IIM Ahmedabad decides the course fee. The government has no say in deciding the course fee at the institute. 

Q: Which scholarships are offered at IIM Ahmedabad?

A: IIM Ahmedabad has numerous scholarships to be offered to the students. Some of these include Need-based scholarships, Industry scholarships and SC/ST scholarships. 

Q: Will I get a refund if I withdraw admission for IIM Ahmedabad after paying the fee?

A: A fraction of the admission fee will be deducted if the student withdraws admission within stipulated time. 

Q: How can I pay the IIM Ahmedabad course fee?

A: The course fee at IIM Ahmedabad can be paid online using a credit card, debit card, UPI or internet banking.There is no provision of paying the admission fee offline. 

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About the Author
Saumya Jain
Assistant Manager- Content

Saumya is a travel enthusiast. She loves to spend time with family and friends. When not writing, you would find her indulged in sketching and painting.

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