IIM Fees for MBA and Seats

IIM Fees for MBA and Seats - The IIM fees for MBA or Post Graduate Programme (PGP) ranges between Rs 9 Lakhs to Rs. 22 lakhs, with IIM Ahmedabad fees being highest, followed by IIM Bangalore fees and IIM Calcutta. If your dream B-school is one of the IIMs, it’s not just the Common Admission Test (CAT), Written Ability Test (WAT), Personal Interview (PI) or Group Discussion (GD) that you have to deal with. You also have to keep in mind that studying at one of the 20 IIMs comes with a cost that can dig a deep hole either in your pocket or your parents’ pocket. And with the recent hike in the fee by many IIMs, the management education with IIM tag is going to cost even more. Although there are loan facilities available to pay the fee, you need to check whether it’s going with your financial condition or not. Hence, while planning for MBA admission, MBA aspirants seek information on IIM fee structure and seats. CAT toppers who have been shortlisted by the older IIMs including IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Kozhikode, and IIM Indore, can expect a good ROI (Return on Investment) but it may not be the same with newer IIMs. As IIMs shortlist for WAT-GD and PI, shortlisted candidates must check the fee structure and seat matrix of IIMs. In this article, Careers360 brings the IIMs fee structure and the number of seats that each IIM offered for the academic year 2020-22.

Also Read- Know all about Distance MBA

IIM Fee Structure - Components

IIMs provide the facility of paying MBA/PGP course fee semester-wise. IIM course fee includes lodging and boarding as well as other expenses. The IIM Fee includes the following expenses:

• Tuition fee
• Personal expenses
• Travel
• Boarding
• Mess charges
• Course material
• Internet
• Library
• Alumni activity
• Miscellaneous expenses and much more

IIM Fee Structure and Seats

Few IIMs have either increased the fees or have processed the increase. MBA candidates had to pay around 5-17 per cent more for the 2020-22 batch. Inflationary pressure and high operational cost including infrastructure cost and faculty salaries are the main reasons cited behind the fee hike by the officials of IIMs.

IIM Fee Structure and seats - Current Year (2020-2022)

Note: IIMs have the right to change the fee structure and number of seats at any point of time as per their policies/requirements.

IIM Admission Process

IIMs conducted admission on the basis of CAT 2019 scores. After the declaration of CAT result, candidates fulfilling the CAT cutoff of IIMs were shortlisted for the further rounds of the selection procedure. For the final merit list generation, each IIM has different parameters and criteria.

The parameters considered for final selection are CAT score, performance in GD/WAT-PI, past academic records, work experience and academic & gender diversity factors. The weightage assigned varies from IIM to IIM.

The new IIMs (established after 2010) conduct Common Admission Process (CAP) which consists of WAT and PI.

Careers360 updates the information related to IIM fee structure and number of seats in case any further changes are announced.

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IIM Admission Criteria 2020