IIM Bangalore Fees
IIM Bangalore Fees - Indian Institute of Management Bangalore will release the fee structure for the academic year 2021-2023. The total expected fee of IIM Bangalore for its PGP program is expected to be around Rs. 23 lakhs based on the fee structure of previous batch. IIM Bangalore fees will cover the internet, tuition, library, hostel room and other components. Since the IIM Bangalore 2021 fees cannot be paid in a go by an ordinary man, hence IIM Bangalore will be offering financial aid and scholarships to the candidates who will be shortlisted for admission to MBA program on the basis of CAT 2020. Other than the IIM Bangalore fees candidates will be required to deposit the caution deposit and mess advance. This article will discuss about the detailed fee structure of IIM Bangalore and other aspects related to it.
Latest- Know all about CAT Mock Test 2020. Candidates will be able to download CAT 2020 admit card from October 28.
IIM Bangalore Program Details
IIM Bangalore offers a full time two year MBA program on the basis of CAT score. Candidates who meet the admission criteria of IIM Bangalore 2021 will be eligible for admission to it’s prestigious MBA program. Authorities will release the minimum cutoff score to qualify for the selection process. On the basis of candidate’s cumulative performance he/she will be shortlisted for final admission. Check the table below to know the number of seats available for the program
* number of seats may vary.
IIM Bangalore Fee Structure
The fee structure of IIM Bangalore for the academic year 2021-23 will be released soon after the declaration of shortlisted candidates for final admission. However on the basis of previous years IIM Bangalore fees candidate’s can estimate the total fee of the program.
Break up of IIM Bangalore Fees
Fees for 2 years
Caution Deposit (General)
Caution Deposit (Hostel)
Fee for 2 years - This component covers tuition, library, internet, course material, case premise royalty, hostel room rent and service charge, personal accident insurance, medical insurance and alumni activity.
Caution Deposit (General and Hostel) - As part of IIM Bangalore fees, caution money has to be paid one time only at the time of registration.
Candidates must note that the IIM Bangalore fees will not include service or any other tax. If made applicable by the law, such taxed will be applicable at the prescribed rates.
Candidates can opt to live off campus only in the second year by making their own arrangements.
IIM Bangalore Fees - Schedule
Candidates can pay the IIM Bangalore fees of Rs. 21 lakhs (expected) in installments of Rs. 3.5 lakhs per semester. The PGP course of IIM Bangalore is decided into six semesters over a period of two years. Also candidates will be required to pay Rs. 2 lakhs for additional hotel mess bills in six installments.
IIM Bangalore Fees - Financial Aid and Scholarship
IIM Bangalore will provide the financial assistance to the candidates whose household income is less than Rs. 6 lakhs per annum only. Also other students who may arise from unforeseen situations will be considered for financial aid. The following parameters will be taken into consideration before providing the financial aid:
Real Estate Assets
Based on the above parameters, students will be provided 20%, 40%, 60%, 80% and 100% financial aid.
In addition to financial assistance candidates can also receive the scholarships based on their merit. The scholarships are:
Aditya Birla Scholarship
Amount of Rs. 1.75 lakhs is offered to the candidates for both first and second year. Students can renew the offer in the second year.
Amount of Rs. 1.50 lakhs is offered in this scholarship to the students in the second year of the program. The first ten toppers fo the second year will be eligible to apply for the scholarship on the basis of the online test conducted by OP Jindal group.
Citi Women’s Leader Award
This scholarship offers coverage for tuition fee of second year. The top 25% students of the first year are selected on the basis of their SOP and PI which will be conducted by CITI bank.
Societe Generale Global Solution Centre India Scholarship
This Scholarship provides complete coverage for tuition fee of PGP program. Students will be offered this scholarship on the basis of their performance of PI with the Society Generate
Siddhartha Padam Award
This Scholarship offers an amount of Rs. 50,000 to the PGP candidates who will be on the merit list and has highest score/CGPA in Economics, Finance and Accountancy core courses in first year
IIMB PGP Alumni First Batch (1976) Scholarship
This scholarship offers sum of Rs. 75,000 and a certificate to the differently abled women in PGP. If there will be no female to claim then the scholarship will be offered to male candidate.
Runwal Education Trust Scholarship
Rs. 1 lakhs a medallion and certificate is offered to the PGP student based on their performance in first year and financial needs.
Hindustan Unilever / T Thomas Scholarship
Rs. 1 lakh is offered to one of the second year PGP student.
Yes Bank Scholarship
Amount of Rs. 20 lakhs is offered to the top 20 candidates who is the member of the students’ committee at the IIMB
NTPC Scholarship Scheme
Amount of Rs. 48,000 is offered to the second year candidate belonging to reserved category
Ministry of Tribal Affairs Scholarship (ST)
This scholarship is offered to ST candidates covering the tuition fee of first year.
Ministry of Social Justice and Empowerment Scholarship (SC)
This scholarship is offered to SC candidates covering the tuition fee of first year.
Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD)
Amount of Rs. 2.25 lakhs is offered to the candidate with not less than 40% disability
IIM Bangalore Placement Report
IIM Bangalore successfully concluded its placement for the academic year batch 2018-2020. The total number of 432 students participated in the placement drive of IIM Bangalore. Total number of 120 companies participated and made 518 offers.Maximum number of students were recruited from management consulting sector.
Number of students
Number of offers made
Number of companies
Pre placement offers made/ accepted
Lateral placement offers made/ accepted
Opting out placements
Number of offers during final placement week
Company made maximum number of offers
Bain & Company
The Boston Consulting Group
Frequently Asked Question (FAQs) - IIM Bangalore Fees
Question: when will IIM Bangalore fees be declared?
IIM Bangalore fees will be announced soon after students are shortlisted for admission.
Question: How can I get admission to IIM Bangalore?
Candidates aspiring to take admission to IIM Bangalore MBA program must appear for CAT 2020.
Question: What is the expected fee for IIM bangalore 2021 batch?
The expected fee for IIM Bangalore MBA batch is Rs. 23 lakhs.
Question: Can I get any financial assistance?
Yes, IIM Bangalore has provision for financial aid and scholarships.
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Questions related to IIM Bangalore
What should I fill in "year of passing" in 12th field in CAT form 2020 if I passed 12th in 2016 and appeared for Improvement in all subjects in 2017 ? Also I have improved my percentage so which marks should I enter? Please Help. Remember I passed all my subjects in 2016.
It is a tricky situation but the answer is simple. You passed the senior secondary exam in the year of 2016 so you should mention 2016 as the year of passing. You are saying that you secured more percentage in improvement, then you can mention the improved grades in the form. But at the time of interviews, you will have to carry both the marksheets . Only The one with the more percentage , shall be considered valid. Which is the improved one in your case.
And lastly, dont worry . This does not affect the admission criteria .As long as you have cracked the entrance exam and proved your caliber for the respective exam, you are pretty much good to go.
i got 61.69%in 12th HSC,93.6% in 10th ,8.7 CGPA in BE,can i apply for cat and if got good percentile..can i get a call from iimb or iimc?
Usually MBA aspirant thinks that good CAT score is enough to get a call from IIM, but the reality is call from IIM does not only depend upon the CAT score but also depends upon the overall academic performance and WAT/GD rounds. Some IIM's give preference to work experience or UG streams so its totally upon them but only CAT score is not enough to get a call from them.
I hope this will help you.
63/64/62 percentage in 10th/12th/graduation. category sc currently working as bank clerk in sbi total work experience to date is 26 months. what cat score is needed to get a call from IIM Ahmedabad, IIM Bangalore and Calcutta.
Sorry for that but your academics are pretty low. But belonging to a SC category might fetch you a chance to get a call from IIM A, B, C. All IIMs have different parameters and the weightage of these parameters also differs from college to college.
I will advise you to personally visit the official website of these college and look for the last year cut offs as well as their criteria of admission. Scoring above 97% percentile will be a pretty decent score and can help you to some extent in getting a call from either of the college.
All the very best.
my 10th percentage is 55 12th is 67 & UG(BCA) is 70 Can I do an MBA in IIM, Bangalore? my category is creamy layer OBC
Dear Aspirants ,
No, you will not eligible for IIM Bangalore because you dont have work experience after complete your graduation. IIM Bangalore having some criteria to take admission, such as Bachelor's degree (minimum 50%) in any discipline as per the 10+2+3 norms with Minimum 4 years work experience in any industry after the Bachelor’s degree.
Selection processes of IIM Bangalore
- Submission of application with one of the following tests: CAT / GRE / GMAT/ IIMB Test
- Followed by personal interview and written ability test for shortlisted candidates.
- Short listing for interview based on performance in CAT / GMAT / GRE / IIMB Test, prior academic performance, and duration of work experience
- Final selection is based on prior academic performance, duration of work experience, quality of work experience, and performance in the interview and the Writing Ability Test
Apart from that i have shared a link with you where you will get all information regarding eligibility ,admission procedure and many of IIM Bangalore and you can refer it .
Hope it will helpful
Do people who have less than 90 percent in 12th get admitted in IIM Bangalore? If anyone could please guide. Regards, Snehansh
Yes they have! What matters the most is your overall profile not one or two features of it. There is no bar that people with less than 90% marks can not be admitted. It only depends on how much you are able to impress them with your overall profile. Try to highlight your work experience if any. It will benefit immensely. Interviewers need to see that seal within you to excel.