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

Vipra
Vipra Shrivastava
Senior Manager - Content
2 mins readUpdated on Mar 10, 2026 17:09 IST
IIM Shillong MBA fees is INR 26 lakh for the batch of 2024-2026. 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 lakh for the batch of 2024-2026. The fee is to be paid semester wise in instalments.The institute also offers scholarships to meritorious students. Check here detailed break down of IIM Shillong MBA fees.

IIM Shillong MBA fees

IIM Shillong MBA fees

IIM Shillong MBA fees is approximately INR 26 lakh. The fee amount is divided semester wise and to be paid per semester. The fee amount includes tuition fee and mess charges for PGP. Candidates planning to pursue 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 for IIM Shillong students in INR 26 Lakh which is same as the IIM Shillong MBA fees. The ROI may not be too good as compared to other top MBA colleges, but the value of IIM Shillong MBA degree is high in the job market. Let’s have a look at the break down of IIM Shillong MBA fee structure.

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

Here are some key aspects of IIM Shillong MBA fees:

  • The course fees is different for domestic and international candidates. In this article we have share 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 MBA Fee Structure

Check below semester wise break-up of IIM Shillong MBA fees for 2024-2026 batch.

Particulars

Fee amount

Acceptance Fee + caution deposit + advance for mess charges

INR 90,000

Term 1 fees + advance for mess charges

INR 3,63, 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 to make MBA degree accessible to all, from across the social spectrum. Check below IIM Shillong MBA scholarship.

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

Scholarships are also available to Scheduled Caste (SC)/ Scheduled Tribe (ST)/People with Disabilities (PWD) participants by 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 decided 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 course over 2 years is the same as starting salary of the student through campus placements. Check below the key salary figures of IIM Shillong final placements 2023 - 2025:

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

Staying updated about the latest educational events is just a click away
Enter Mobile Number
Q&A Icon
Commonly asked questions
Q:   Does IIM Shillong offer any scholarship?
A: 

IIM Shillong offers financial assistance to meritorious students. These scholarships are offered through the provision of the need-based financial assistance scheme. In addition to this, candidates are also eligible for Government scholarships under the SC/ ST/ PwD categories. Some of the scholartships offered at IIM Shillong are as follows:

  • Pre-matric Scholarship for Students with Disabilities
  • Scholarships for Top Class Education for Students with Disabilities
  • National Fellowship and Scholarship for Higher Education of ST Students - Scholarship
Q:   Can I get a loan for studying in IIM Shillong?
A: 

IIM Shillong assists the participants in availing educational loans from banks during the admission process. The details for loan are available after admission. 

Q:   What all financial aid options are available at IIM Shillong?
A: 

IIM Shillong provides scholarships to the students through the provision of the Need-based Financial Assistance Scheme. Below mentioned are the IIM Shillong scholarships:

Govt. Scholarships for SC/ ST/ PwD Categories
Pre-matric Scholarship for Students with DisabilitiesPost-matric Scholarship for Students with Disabilities
Scholarships for Top Class Education for Students with DisabilitiesTop Class Education Scheme for SC Students
National Fellowship and Scholarship for Higher Education of ST Students - ScholarshipCentral Sector Scheme of Scholarships for College & University Students
Videos you may like
About the Author
author-image
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

Read Full Bio
Get Admission and Placement Updates about IIM Shillong

News & Updates

Latest NewsPopular News

Contact Details

Address

Umsawli East Khasi Hills District,
Shillong ( Meghalaya)

Email

admissions@iimshillong.ac.in

(For general enquiry)

info@iimshillong.ac.in

(For admission related enquiry)

qna

Student Forum

chatAnything you would want to ask experts?
Write here...

Answered 3 weeks ago

Yes, Indian Institute of Management Shillong is a well-known management institute. The institute is accredited by AACSB, EFMD Global and Business Graduated Associaion. IIM Shillong is ranked 38th in the Management category by the NIRF 2025. The institute appoints well-trained and expert faculty memb

...Read more

A

Akansha Gaurav

Contributor-Level 10

Answered 3 weeks ago

Yes, it worth to pursue MBA from IIM Shillong. The course curriculum is specifically designed for working executives.  The the highest salary package was recorded at INR 71.5 LPA.The average package stood at INR 26.44 LPA. The top recruiters at IIM Shillong placements include prominent names such as

...Read more

A

Anupama Singh

Contributor-Level 10

Answered 3 weeks ago

Yes, IIM Shillong offers MBA programme. The institute offers MBA programme for the duration of 2 years in full-time mode. IIM Shillong MBA admisison is based on national entrance exams like CAT, GMAT, MAT, and others. 

A

Abhay Arora

Contributor-Level 10

Answered 3 weeks ago

To get admission in IIM Shillong, the selection criteria is merit + entrance based. Entrance exam is considered for final seat allotment. Check the table below to get more information about the selection criteria for IIM Shillong courses:

CoursesSelection
MBA/ PGPCAT/ GMAT, GD-PI
PGP/ MBA ExecutiveCAT/ GMAT, PI
PGP Working ExecutiveCAT/ WE-MAT/ GMAT, PI
PhDCAT/ GATE/ GRE/ GMAT/ JRF, PI

G

Gaurika Chhabra

Contributor-Level 10

Answered 3 weeks ago

To get admission in IIM Shillong, the students must meet the eligibility. Entrance exam is considered for final seat allotment. Check the table below to get more information about the selection criteria for IIM Shillong courses:

CoursesEligibility
MBA/ PGPBachelor's degree in any stream with a minimum of 50% aggregate (45% for SC/ ST/ DA category) from a recognised University
PGP/ MBA ExecutiveBachelor's Degree from a recognised University and minimum 5 years of full-time work experience after Graduation
PGP Working Executive

Bachelor's Degree with a minimum 50% aggregate

Minimum 3 years of full-time work experience after Graduation

PhD

Bachelor's Degree with 55% aggregate and Master's Degree with 60% aggregate

G

Gaurika Chhabra

Contributor-Level 10

Answered 3 weeks ago

To getadmission in IIM Shillong PGP, candidates have to apply for the CAT exam. Fill the CAT application form. Go to the official website of CAT and register by using a few basic details. Login with the ID and fill out the application form. Upload the required documents and pay the application fee.

G

Gaurika Chhabra

Contributor-Level 10

Answered 3 weeks ago

IIM Shillong is one of the eminent instute which offers quality education. The institute has been ranked by many eminnet organisation like NIRF and Business Today. Below mentioned are the IIM Shillong rankings: 

anking Body

Category

Rank

NIRF 2025

Management Institutes

38

Business Today 2024

MBA

10

NIRF 2024

Management Institutes

24

U

Upasana Kumari

Contributor-Level 10

Answered 3 weeks ago

Indian Institute of Management Shillong is well-known for MBA placements. The highest salary package was recorded at INR 71.5 LPA.The average package stood at INR 26.44 LPA. The median package at IIM Shillong placements during 2025 was recorded at INR 25 LPA. The top recruiting sectors at the instit

...Read more

A

Akansha Dhyani

Contributor-Level 10