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IIM Fees for MBA range between INR 10 lakh and 23 lakh for the complete course. Check out the IIM MBA fee structure for all IIMs, including IIM Ahmedabad, IIM Bangalore, and IIM Calcutta.
The IIM fees for MBA ranges between INR 10 to 23 lakhs. The top three IIM fees which are IIM Ahmedabad, IIM Calcutta, and IIM Bangalore is INR 23 lakh. However, the news IIM MBA fees are mostly under INR 12 lakh. The discrepancy in the MBA fee structure of the old and the new IIMs is because newly established IIMs are financially supported by the government, whereas, old IIMs bear the whole expenditure on their own without any financial help from the government. IIMs are the dream of every MBA aspirant who seeks to start his or her career in the business and management world. Pursuing management education from these institutes is one sure way of opening a plethora of opportunities after the completion of the MBA.
The three things that students are most interested in knowing are IIM fee structure,
cutoffs
and the number of seats. The fees at IIMs vary according to the location of the institute, the market value of the institute as well as the type of course that the student wants to pick. Fees of
PGPM
Also Read: NIRF MBA Rankings (2021, 2020, 2019): Check Top Management Colleges Here
IIM MBA Fee Structure Components
Before going into the fee details, let's take a look at what does the IIM course fee include like what are the various fee components so that students have a better idea and can plan their finances accordingly. IIM fee has the following components.
- Personal expenses
- Tuition Fee
- Travel
- Boarding
- Mess Charges
- Course Material
- Internet
- Library
- Laptop and Computer
- Miscellaneous Expenses
- Alumni Activity
Also Read: GD, PI and WAT Preparation Tips - Expert Advice Crack in First Attempt
Check the details of below and seats in order to understand what kind of return on investment you must target before taking admission. Also, learn about the highest and average packages at IIMs in order to figure out the market value of the courses offered by these institutes.
IIM MBA Fee Structure and Number of Seats 2022:
Check out the IIM fee structure and of seats for 2022 academic year in the detail below:
Name of the Institute | Fees (Entire Course) | Number of Seats |
|---|---|---|
Rs. 23,00,000 | PGP - 398 PGP FABM - 47 | |
Rs. 23,00,000 | MBA - 412 | |
Rs. 23,00,000 | MBA - 480+ | |
Rs. 19,00,000 | PGP and PGP-AB - 436 | |
Rs. 17,07,000 | PGP - 451 | |
Rs 13,34,000 | PGP - 225+ | |
Rs. 17,60,000 | MBA - 325 | |
Rs. 11,90,000 | PGPM - 230 PGPM HR - 30 | |
Rs. 15,10,500 | MBA - 90 | |
Rs. 19,00,000 | PGP - 360 | |
Rs. 10,60,000 | MBA - 150+ | |
Rs, 15,20,000 | PGP- 140+ | |
Rs. 15,30,000 | PGP - 200+ | |
Rs. 11,75,000 (excluding fee for international immersion programme) | MBA - 100+ | |
Rs. 12,00,000 | MBA - 150+ | |
Rs. 12,68,000 | MBA - 125 | |
Rs. 14,20,000 (excluding boarding charges) | PGP - 260+ | |
Rs. 13,80,000 | MBA - 180+ | |
Rs. 13,03,000 | PGP - 180 | |
Rs.10,70,000 (excluding fee for international immersion programme) | MBA - 120 |
Also Read: Year-wise CAT Exam Analysis
Other MBA Colleges in India: Fee Structure
Check out the other top colleges besides IIMs that provide admission to the MBA course. Also, check out the fee structure of the programme.
College Name | Location | Fee Structure |
|---|---|---|
Pune, Maharashtra | Rs. 11,32,200 | |
Gurugram, Haryana | Rs. 5,25,000 | |
Bhubaneswar, Odisha | Rs. 9,20,000 | |
Gwalior, Madhya Pradesh | Rs. 5,16,000 | |
Delhi | Rs 20,960 | |
Mumbai, Maharashtra | Rs. 12,53,000 | |
Roorkee, Uttarakhand | Rs. 9,21,000 | |
Mumbai, Maharashtra | Rs. 8,32,000 | |
Mumbai, Maharashtra | Rs. 17,50,000 | |
Vinod Gupta School of Management, IIT Kharagpur - VGSOM IIT Kharagpur | Kharagpur, West Bengal | Rs. 10,82,000 |
IIMs in India and selection to these B-schools is not a piece of cake. IIMs follow a stringent admission process and all candidates are shortlisted on the basis of merit in CAT exam along with written ability test and Personal Interviews .
The newer IIM's follow a Common Admission Process (CAP) which is being administered by IIM Ranchi for the academic session of 2021 - 2023. Check the details of IIMs Selection Criteria before making a decision on your final MBA admission. To know about the MBA admissions and explore the top colleges, either dial the toll-free number 1800-572-9877 or fill the Common Application Form. For any queries, write to us in the QnA zone.
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