ICFAI Business School-IBSAT 2024
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IIM fees for 2 year MBA courses range from Rs 17 lakh to Rs 25 lakh. IIM MBA fees for new or baby IIMs such as IIM Ranchi, IIM Jammu, IIM Bodh Gaya, IIM Sirmaur etc is between Rs 17 lakh to Rs 20 lakh. Cost of doing an MBA from IIM Ahmedabad, IIM Calcutta, IIM Bangalore, IIM Indore, and IIM Mumbai is between Rs 21 lakh to Rs 25 lakh. The cheapest IIM in India is IIM Bodh Gaya with Rs 17 lakh fees. IIM fees for 5 years BBA+MBA are between Rs 15 lakh to Rs 30 lakh. Complete details on MBA fees at IIM, IIM fee structure, executive MBA from IIM fees and IIM fees for MBA 2024 with hostel. With the release of IIM Admission Criteria, all the respective IIMs will also release the actual MBA fees for the upcoming MBA batch.
Apart from tuition fee, IIM fees structure includes amount for several services and utilities. One of the important components of IIM MBA fees structure is international immersion programme cost. Check out the IIM course fee components below.
IIM Ahmedabad bags the top spot charging the highest IIM MBA fees of Rs 25 lakh and IIM Bodh Gaya is the lowest one with Rs 17 lakh. Check out the highest to lowest IIM fees for MBA 2024 in India for the academic year 2024-26 from the table below.
S.No. | IIM Campuses | IIM MBA Fees |
1 | Rs 25 lakh | |
2 | Rs 24.50 lakh | |
3 | Rs 23.00 lakh | |
4 | Rs 26.50 lakh | |
5 | Rs 22.50 lakh | |
6 | Rs 18.00 lakh | |
7 | Rs 22.20 lakh | |
8 | Rs 17.90 lakh | |
9 | Rs 17.82 lakh | |
10 | Rs 21.00 lakh | |
11 | Rs 21.01 lakh | |
12 | Rs 17.50 lakh | |
13 | Rs 17.00 lakh | |
14 | Rs 17.50 lakh | |
15 | Rs 18.85 lakh | |
16 | Rs 21.00 lakh | |
17 | Rs 22.71 lakh | |
18 | Rs 17.30 lakh | |
19 | Rs 18.90 lakh | |
20 | Rs 21.17 lakh | |
21 | Rs 21 lakh |
Apart from the flagship MBA programme, almost every IIM offers an executive MBA or EMBA, designed mainly for working professionals. IIM executive MBA admission is granted on the basis of CAT or GMAT score. Check out the executive MBA fee structure of IIMs along with other details such as MBA entrance requirements and eligibility criteria etc.
IIM Campuses | Course name | Duration | IIM executive MBA fees |
IIM Ahmedabad | Post Graduate Programme in Management for Executives (PGPX) | 1 year | Rs 33 lakhs |
IIM Bangalore | Post Graduate Programme Enterprise Management (PGPEM) | 2 years | Rs 20.11 lakhs |
Executive Post Graduate Programme (EPGP) | 1 year | Rs 23.20 lakhs | |
IIM Calcutta | MBA Programme for Executives (MBAEx) | 1 year | Rs 31 lakhs |
IIM Lucknow | Post-Graduate Programme in Management for Working Executives (PGPWE) | 2 years | Rs 14 lakh |
International Programme in Management for Executives or IPMX | 1 year | Rs 24 lakh | |
IIM Indore | General Management Programme for Executives (GMPE) | 1 year | Rs 5.90 lakh |
Post Graduate Programme in Management for Working Executives (PGPMX) | 2 years | Rs 17.60 lakh | |
IIM Kozhikode | Executive Post Graduate Programme (EPGP) | 1 year | Rs 14 lakh |
IIM Trichy | Post Graduate Programme in Business Management (PGPBM) | 2 year | Rs 11.80 lakh |
IIM Ranchi | Post Graduate Executive Programme in Management (PGEXP) | 2 year | Rs 12.50 lakh |
IIM Raipur | Executive Post Graduate Programme in Management (ePGP) | 2 years | Rs 12.25 lakh |
IIM Udaipur | MBA in Global Supply Chain Management | 1 year | Rs 22.60 lakh |
IIM Rohtak | Post Graduate Programme in Management for Executives (ePGPx) | 1 year | Rs 7.15 lakh |
IIM Visakhapatnam | Post Graduate Programme for Experienced Professionals (PGPEx) | 1 year | Rs 10.80 lakh |
IIM Kashipur | Post Graduate Programme for Working Executives (MBAWx) | 2 year | Rs 12 lakh |
IIM Shillong | Post Graduate Programme for Working Executives (MBAWx) | 2 year | Rs 12 lakh |
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The IIM hostel fees vary from old IIMs to new IIMs, ranging from Rs. 60,000 to Rs. 3,20,000 per year. IIM Ahmedabad and IIM Bangalore are the highest IIM hostel fee paying campuses. Meanwhile, IIM Jammu and IIM Sambalpur have low hostel and accommodation charges. The IIM hostel fees include the cost of accommodation(AC/Non-AC), wifi, mess fee, caution deposit(refundable) and other amenities. Check out the table to know the IIM hostel fees to be paid per year for the various IIMs.
IIM Hostel Fees | Fees per Year |
IIM Ahmedabad Hostel Fees | Rs 2.40 lakhs to Rs. 3.20 lakhs |
IIM Bangalore Hostel Fees | Rs. 1.95 lakhs to Rs. 2.35 lakhs |
IIM Calcutta Hostel Fees | Rs. 1.80 lakhs to Rs. 2.20 lakhs |
IIM Lucknow Hostel Fees | Rs. 95,000 to Rs. 1.35 lakhs |
IIM Indore Hostel Fees | Rs. 1 lakhs to Rs. 1.40 lakhs |
IIM Kozhikode Hostel Fees | Rs. 1.05 lakhs to Rs. 1.45 lakhs |
IIM Trichy Hostel Fees | Rs. 1.20 lakhs to Rs. 1.60 lakhs |
IIM Ranchi Hostel Fees | Rs. 1.20 lakhs to Rs. 1.60 lakhs |
IIM Sambalpur Hostel Fees | Rs. 60,000 to Rs. 1 lakhs |
IIM Rohtak Hostel Fees | Rs. 1.10 lakhs to Rs. 1.50 lakhs |
IIM Visakhapatnam Hostel Fees | Rs. 75,000 to Rs. 1.15 lakhs |
IIM Kashipur Hostel Fees | Rs. 90,000 to Rs. 1.30 lakhs |
IIM Raipur Hostel Fees | Rs. 63,000 |
IIM Udaipur Hostel Fees | Rs. 85,000 to Rs. 1.25 lakhs |
IIM Nagpur Hostel Fees | Rs. 80,000 to Rs. 1.20 lakhs |
IIM Bodh Gaya Hostel Fees | Rs. 70,000 to Rs. 1.10 lakhs |
IIM Amritsar Hostel Fees | Rs. 65,000 to Rs. 1.05 lakhs |
IIM Jammu Hostel Fees | Rs. 55,000 to Rs. 95,000 |
IIM Sirmaur Hostel Fees | Rs. 50,000 to Rs. 90,000 |
IIM Shillong Hostel Fees | Rs. 1 lakhs to 2 lakhs |
IIM Mumbai Hostel Fees | Rs. 75.000 |
IIM admission to BBA+MBA courses is granted based on entrance exams such as IPMAT and JIPMAT. Check out the IIM BBA fees or IIM 5 year integrated course fees below.
IIMs | BBA Fees |
IIM Indore | Rs 30,00,000 |
IIM Rohtak | Rs 30,00,000 |
IIM Ranchi | Rs 15,93,000 |
IIM Bodh Gaya | Rs 28,00,000 |
IIM Jammu | Rs 28,06,000 |
*Note that the IIM BBA fees are subject to change and may vary depending on the IIMs regulations.
The Indian Institute of Management (IIMs) offers various scholarships to such deserving candidates who come from weak financially background. Here we have listed types of scholarships at IIMs.
Also See: 5 Money Saving Tips For Your MBA
IIM fees are paid semester-wise like installments. MBA aspirants planning to study at IIMs can take educational loans. Banks visit the college campuses at the time of admission, assisting students interested in educational loans for MBA. The other way to fund your MBA at IIM can be a scholarship. IIMs offer merit-based or merit-cum-need based scholarships. A lot of IIMs also offer financial aid to students with severe financial difficulties arising from unforeseen circumstances.
Institute | MBA fees for 2 years | Loan tenure (Bottom 50%) |
IIM Ahmedabad | Rs 25 lakh | 81 |
IIM Bangalore | Rs 24.50 lakh | 75 |
IIM Kozhikode | Rs 22.50 lakh | 83 |
IIM Calcutta | Rs 23.00 lakh | 70 |
IIM Lucknow | Rs 26.50 lakh | 75 |
IIM Indore | Rs 21.17 lakh | 58 |
Rs 18.00 lakh | 80 | |
IIM Rohtak | Rs 17.90 lakh | 139 |
IIM Udaipur | Rs 22.20 lakh | 109 |
IIM Kashipur | Rs 17.30 lakh | 92 |
IIM Tiruchirappalli | Rs 21.00 lakh | 111 |
IIM Ranchi | Rs 17.50 lakh | 125 |
IIM Shillong | Rs 22.71 lakh | 71 |
IIM Visakhapatnam | Rs 17.82 lakh | 113 |
IIM Jammu | Rs 18.85 lakh | 152 |
IIM Nagpur | Rs 18.90 lakh | 71 |
IIM Amritsar | Rs 21.00 lakh | 97 |
IIM Bodh Gaya | Rs 17.00 lakh | 99 |
IIM Sambalpur | Rs 21.01 lakh | 93 |
IIM Sirmaur | Rs 17.50 lakh | 90 |
Also Read | How to fund an MBA
Almost every public sector bank offers education loans for paying IIM MBA fees. Check out the details of MBA loans offered by top public sector banks below.
Bank offering IIM MBA education loan | Maximum amount of loan | Rate of interest (%) |
State Bank of India | 30 lakh | 8.05 to 10.15 |
Canara Bank | 40 lakh | 8.65 to 10.75 |
Punjab National Bank | 75 lakh | 8.35 to 10.95 |
Dena Bank | 15 lakh | 10 to 11.8 |
Punjab & Sind Bank | 10 lakh | 9.75 to 10.75 |
Central Bank of India | 40 lakh | 8.10 to 10.4 |
Union Bank of India | 30 lakh | 8.65 onwards |
Check out the education loan criteria of private banks.
Private Bank offering IIM MBA loan | Maximum loan amount | Rate of interest (%) |
HDFC | 45 lakh | 6.7 onwards |
IDBI Bank Limited | 15-20 lakh | 8.5 to 10.5 |
ICICI Bank | 50 lakh | 10.5 onwards |
Axis Bank | 75 lakh | 8.8 onwards |
Kotak Mahindra Bank | 10 lakh | 11.5 to 24 |
Majority of the IIMs report a 100% placement record every year and students pay hefty fees for studying there. If we look at the IIM placements stats of last year, the average IIM package offered at top 5 IIMs was Rs 30 to 35 lakh. However, the highest domestic IIM package was more than Rs 1 crore. Check out the table below to understand how much a candidate needs to pay to land in top 5 IIMs and what package they can get in the IIM placement drive.
S.No. | IIMs | IIM MBA Fees | IIM Placement Salary (Highest domestic salary offered) |
1 | Rs 24.61 lakh | Rs 1.15 CPA | |
2 | Rs 24.50 lakh | Rs 1.15 CPA | |
3 | Rs 31.00 lakh | Rs 1.15 CPA | |
4 | Rs 26.50 lakh | Rs 1.00 CPA | |
5 | Rs 21.17 lakh | Rs 1.14 CPA |
Also Read | MBA salary in India
At IIM Ahmedabad, the MBA program fee varies for single and married couples. Check out the details of IIM Ahmedabad MBA fees are as follows:
IIM Ahmedabad MBA Fees | ||
MBA Program Phase | Single Students | Married Couples |
First commitment | Rs 2,00,000 | Rs 2,00,000 |
Second commitment | Rs 12,00,000 | Rs 12,00,000 |
Balanced course fee | Rs 16,00,000 | Rs 18,00,000 |
Refundable amount | Rs 70,000 | Rs 35,000 |
IIM Bangalore will soon announce the PGP fee structure for the academic batch of 2024-26. Check out last year’s IIM Bangalore MBA fees.
IIM Bangalore 2 year MBA fees | Rs 24,50,000 |
Caution Deposit (General) | Rs 15,000 |
Caution Deposit (Hostel) | Rs 5,000 |
In addition to the above mentioned amounts, candidates will have to pay mess advance of Rs 30,000 each term.
IIM Calcutta MBA programme fee for the academic year 2024-25 is Rs 31,00,000/- for one year and it should be payable in four installments.
IIM Lucknow will soon announce the PGP fee structure for the academic batch of 2024-26. Check out last year’s IIM Lucknow MBA fees.
Particulars | Fees |
Term I | Rs. 445000 |
Term II | Rs. 325000 |
Term III | Rs. 325000 |
Term IV | Rs. 330000 |
Term V | Rs. 325000 |
Term VI | Rs. 325000 |
Total | Rs. 20,75,000 |
The total MBA fee for IIM Kozhikode MBA fees is Rs 20,50,000/-. Check term wise IIM Kozhikode MBA fees.
Term | First year (in Rs.) | Second year (in Rs.) |
I/IV | 4,25,000 | 4,25,000 |
II/V | 3,00,000 | 3,00,000 |
III/VI | 3,00,000 | 3,00,000 |
The total fee for IIM Raipur MBA programms is Rs 18,00,000. Here we have provided term wise IIM Kozhikode MBA fees for first and second year.
Particulars | Fees |
Term I | 3,52,000 |
Term II | 2,89,600 |
Term III | 2,89,600 |
Term IV | 2,89,600 |
Term V | 2,89,600 |
Term VI | 2,89,600 |
Total | 18,00,000 (Including caution deposit of Rs 30,000) |
The total fee for MBA programme of IIM Udaipur is Rs 21,20,000/-. At the time of IIM Udaipur offer acceptance, candidates will be required to pay Rs 100000 as an offer acceptance fee.
Particulars | Fees |
Term I | 3,26,700 |
Term II | 3,47,100 |
Term III | 3,76,000 |
Term IV | 3,47,100 |
Term V | 3,76,000 |
Term VI | 3,47,100 |
The total programme fee of the IIM Rohtak PGP is as under:
Particulars | PGP I (2024-25) | PGP II (2024-25) | ||||||
Term I | Term II | Term III | Total | Term IV | Term V | Term VI | Total | |
Total | 355000 | 270000 | 270000 | 895000 | 355000 | 270000 | 270000 | 895000 |
Fee structure for PGP 2024-26 for IIM Visakhapatnam is Rs 17,82,960/-.
Particulars | PGP I (2024-25) | PGP II (2024-25) | ||||||
Term I | Term II | Term III | Total | Term IV | Term V | Term VI | Total | |
Total | 2,87,160 | 2,87,160 | 2,87,160 | 8,91,480 | 2,87,160 | 2,87,160 | 2,87,160 | 8,91,480 |
For the academic batch of 2024-26, IIM Trichy will soon release fees structure. Last year the fee for PGPM Programme was Rs.19.5 Lakh (excluding Caution Deposit and Mess Advance). The term-wise fee details are as follows:
Term | Tuition fee | Mess advance | Caution deposit | Amount to be paid |
Term I | 3,25,000 | 20,000 | 30,000 | 3,75,000 |
Term II | 3,25,000 | 20,000 | - | 3,45,000 |
Term III | 3,25,000 | 20,000 | - | 3,45,000 |
Term IV | 3,25,000 | 20,000 | - | 3,45,000 |
Term V | 3,25,000 | 20,000 | - | 3,45,000 |
Term VI | 3,25,000 | 20,000 | - | 3,45,000 |
The Indian Institute of Management (IIM) Sambalpur released the MBA fee structure for the academic batch of 2024-26. Check out the IIM Sambalpur MBA fee structure.
Particulars | PGP I | PGP II | ||||||
Term I | Term II | Term III | Total | Term IV | Term V | Term VI | Total | |
Total | 416000 | 321000 | 321000 | 1058000 | 396000 | 321000 | 326000 | 1043000 |
The offer acceptance fee of Rs 50000 will be adjusted against the first installment, which will be refunded at the end of the programme.
The MBA fees for IIM Ranchi academic year 2024-26 is yet to be announced.
Particulars | PGP I | PGP II | |||||
Term I | Term II | Term III | Term IV | Term V | Term VI | Total | |
Total | 3,25,000 | 2,85,000 | 2,85,000 | 2,85,000 | 2,85,000 | 2,85,000 | 17,50,000 |
The total fee for IIM Bodh Gaya MBA programme is Rs 17,00,000. Check out term wise IIM BG MBA fees for the academic year of 2024-26.
Particulars | PGP I | PGP II | |||||
Term I | Term II | Term III | Term IV | Term V | Term VI | Total | |
Total | 2,94,000 | 2,78,000 | 2,78,000 | 2,84,000 | 2,78,000 | 2,88,000 | 17,00,000 |
IIM Sirmaur MBA fees for 2024-26 has announced.
Programme | Course fee |
Master of Business Administration (MBA) | Rs 17.50 lakh |
Mast of Business Administration (Tourism & Hospitality Management) | Rs 17.50 lakh |
The Indian Institute of Management (IIM) Jammu has released MBA fee structure for the academic batch of 2024-26. Check out term wise IIM Jammu MBA fees structure.
Particulars | PGP I | PGP II | ||||||
Term I | Term II | Term III | Total | Term IV | Term V | Term VI | Total | |
Total | 3,14,790 | 3,12,480 | 3,12,480 | 9,39,750 | 3,20,790 | 3,12,480 | 3,12,480 | 9,45,750 |
IIM Amritsar MBA fees have been announced for the batch 2024-26.
First year | Second year | ||
Term | Amount | Term | Amount |
I | 3,40,000 | IV | 3,40,000 |
II | 3,05,000 | V | 3,05,000 |
III | 3,05,000 | VI | 3,05,000 |
Total | 9,50,000 | Total | 9,50,000 |
IIM Shillong released the fee structure for PGP batch 2024-26. Based on the previous year’s IIM Shillong fees, IIM Shillong fees are around Rs. 22,00,000.
The Indian Institute of Management (IIM) Sirmaur has released MBA fee structure for the academic batch of 2024-26. Check out term wise IIM Kashipur MBA fees structure.
Particulars | PGP I | PGP II | |||||
Term I | Term II | Term III | Term IV | Term V | Term VI | Total | |
Total | 3,18,000 | 2,82,000 | 2,82,000 | 2,84,000 | 2,82,000 | 2,82,000 | 17,30,000 |
The total fee of the program for the batch of 2024-26 is Rs.18,90,000 excluding a refundable caution deposit of Rs 50,000.
IIM Indore will soon release MBA fee structure for the academic batch of 2024-26. Check out last year’s IIM Indore MBA fees structure.
Particulars | PGP I | PGP II | ||||||
Term I | Term II | Term III | Total | Term IV | Term V | Term VI | Total | |
Total | 4,03,679 | 3,53,000 | 3,48,000 | 11,04,679 | 3,35,679 | 3,35,000 | 3,41,800 | 10,12,479 |
IIM Mumbai MBA fees for the academic year 2024-26 ie yet to be announced. According to the latest announcement, IIM Mumbai will charge Rs. 21 lakhs for its MBA programs.
The fees at IIM for one year is high. As per the IIM fees structure, the fees of the MBA course range from Rs. 27 lakh (IIM Calcutta) to Rs. 13.07 lakh (IIM Sambalpur). The fees include expenses of the international immersion programme.
Yes, IIM is costly in comparison to other B-schools.
The government has no say in determining the IIM fees for any course. IIM fee structure and IIM seat intake are decided by respective IIM on the basis of certain factors.
IIMs are top management institutes in India that focus on high-quality education. Hence, the IIM college fee is high as compared to other B-Schools. The same goes with IIM Ahmedabad and its fees.
Yes, several nationalized banks offer education loans up to Rs. 10 lakh. Students can also apply for IIMs scholarship schemes.
Each IIM has its own fee structure for MBA 2024, but for IIM A, B & C, the fee is in the range of Rs. 14 to 16 lakh for a 2 year PGP flagship course.
Every IIM has its own fee structure for various MBA programmes. The fee does not vary based on the CAT percentile. So they have to shell out the same amount that IIMs charges for general quota students. The scholarship for OBC/ General is based on the student's financial ability, which will be assessed during the course.
Yes, the Government of India (GOI) financially aids IIMs, but they have no say in administrative decisions and the day-to-day functioning of the institutes. No, none can study IIM for free as there is no such provision of waiving the fee for any candidate.
Yes, there is a range of scholarship schemes offered by the institutes. IIM Ahmedabad has about 13 scholarship schemes for its students. They provide scholarships separately for;
IIM Bodh Gaya has the lowest fees for MBA. For last year's batch, it was Rs. 17 lakhs. The fees can be paid in installments and there are scholarships and loan assistance available.
IIM admission process 2024 for MBA programme includes;
Check IIM Admission Process details here
As far as IIM Kolkata is considered, it is counted among the best institutes for MBA.
General category students require 99+ CAT percentile for admission to old IIMs and 95+ CAT percentile for new IIMs. The CAT cutoff is much lower for reserved category students.
Yes, the CAT cutoff percentile for students of the SC/ST category students lower than the General category. Both the qualifying cut-off and final cut-off are lower for Reserved category candidates.
Hello aspirant,
Verbal Ability and Reading Comprehension, Quantitative Aptitude, Data Interpretation, and Logical Reasoning make up the majority of the CAT exam 2024 syllabus. The CAT Math, English, and CAT Geometry syllabuses make up the majority of the CAT 2024 syllabus.
To know complete syllabus in detail, you can visit our website by clicking on the link given below
https://bschool.careers360.com/articles/cat-2024
Thank you
Hope this information helps you.
Hello,
In the context of Karnataka's reservation categories, Vishwakarma is classified under Category 2A . Specifically:
Hope it helps !
Hello aspirant,
A bachelor's degree from an accredited university with a CGPA of at least 50% (or an aggregate of 45% for the SC, ST, and PwD/DA categories) is required in order to appear in the CAT exam in 2024. Duration and manner of degree: The course needs to last three years. The mode might be online, distant, or regular.
To know complete information you can visit our website by clicking on the link given below.
Thank you
Hope this information helps you.
Hello student
As a self-employed individual with your own cafe, you'll need to provide documents that establish your business and work experience. Here are some documents you can prepare for your CAT application:
1. *Business Registration Documents*:
- Partnership Deed (already have)
- Business PAN Card (already have)
- FSSAI License (already have, though it's in your partner's name)
2. *Proof of Business Ownership*:
- Affidavit or declaration stating your ownership and role in the cafe
- Business registration certificate (if you have one)
3. *Proof of Work Experience*:
- A letter or certificate from your partner or co-owner confirming your work experience and role in the cafe
- A detailed resume highlighting your entrepreneurial journey and responsibilities
4. *Financial Documents*:
- Income Tax Returns (ITRs) for the last 2-3 years (if applicable)
- Balance Sheets and Profit & Loss statements for your cafe (if audited)
5. *Rental Agreement*:
- Already have, but ensure it's updated and signed
Additional tips:
- Ensure all documents are scanned and uploaded in the required format (usually PDF or JPEG)
- Keep your documents organized and easily accessible for the application process
- Be prepared to provide additional information or clarification if requested by the admission authorities
Remember to check the specific requirements for each B-school you're applying to, as they may vary. Good luck with your CAT application!
Hello aspirant,
The CAT exam syllabus is not officially prescribed, but it generally includes topics from the following sections:
1. Verbal Ability and Reading Comprehension (VARC)
2. Data interpretation and logical reasoning
3. Quantitative ability
Arithmetic
Algebra
Geometry and Mensuration
Number System
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