Accounting & Commerce

Hi. IIM MBA fees ranges between INR 15 and INR 23 Lacs. MBA fees of the top three IIMs- Ahmedabad, Bangalore and Calcutta is the highest at INR 23 Lacs whereas MBA fees of the newer IIMs like Trichy and Sirmaur is between INR 13 to INR 16 Lacs. The discrepancy in the fee structure of the old and the new IIMs is due to the fact that older IIMs do not take funds from the government for maintenance and other expenditure, while the new IIMs are financially supported by the government. In 2020, IIM Bangalore, IIM Lucknow and IIM Rohtak increased course fee of flagship MBA programme. IIM Bangalore raised the MBA fees from INR 21 Lacs to INR 23 Lacs. IIM Lucknow increased its MBA fees from INR 14.16 to whopping INR 19 Lacs. In the last two years, IIM Rohtak has increased its fees from INR 13.8 Lacs to INR 15.2 Lacs and again to INR 16.10 Lacs. If you plan to pursue a postgraduate management course at any of the IIM campuses, you must know its fees and admission criteria. Although, the IIMs offer scholarships and provide assistance in securing education loans, it is wise to check before applying, whether the IIMs fit in your budget or not. In this article, you will find details of MBA fees of 20 IIMs along with the scholarships offered by them. This article also contains the list of campus-wise detailed articles on IIM Ahmedabad fees, IIM Bangalore fees, IIM Indore fees and fees of other campuses. 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 Fee Structure: Components of MBA Fees
MBA aspirants must know what constitutes the IIM fees so that he/she can make financial arrangements, if required, accordingly. The IIM fee includes tuition fee, boarding and lodging as well as other expenses for services and utilities. Some Iims allow candidates to take up private residence outside the campus after the first year of the programme. The 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.