IIM Fees for MBA 2021 - Check Complete IIM MBA Fee Structure

IIM Fee Structure and Seats - Every MBA aspirant dreams to start his career in business and management by studying at the Indian Institute of Management or IIMs. The admission in IIMs is granted on the basis of the Common Aptitude Test (CAT) which is a national-level management entrance exam, held once a year.

IIM Fees for MBA 2021

Despite the fact that IIMs offer loan facilities, the elevated IIM fees structure in the last few years has made candidates think twice before opting for MBA admission in these colleges. In addition to the IIM MBA fees structure, the number of seats in IIMs has also been gradually increasing. Let us check in detail about the basic aspects of IIM fees 2021 and the seats offered by them.

IIM Fee Structure and Seats 2021

CAT toppers who have been shortlisted by the more established IIMs including IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Kozhikode, and IIM Indore, can anticipate a decent ROI (Return on Investment) yet it may not be the equivalent with the newer IIMs.

IIM MBA Fees 2021: Any candidate interested in pursuing management education from top IIMs in India looks out for two aspects- IIM MBA fees and IIM seats. After the passage of the IIM Act, 2017, IIMs were awarded autonomy for fee regulations and seat intake. In mid-2021, about half of the MBA fee of IIMs was increased. The IIMs with significant fees increase include old (Lucknow, Calcutta, and Bangalore), as well as the new IIMs (Jammu, Tiruchirappalli, Sirmaur, Nagpur, Udaipur, Rohtak).

IIM MBA fees include lodging and boarding as well as other expenses. The IIM fees structure 2021 includes following expenses:

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

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IIM MBA Admission 2021 Fees

IIM 2021 MBA fees usually range between Rs. 11 lakhs to Rs. 28 lakhs for full-time MBA/ PGDM programmes. On the other hand, the MBA fees of newer IIMs like IIM Trichy and IIM Sirmaur are well under Rs. 12 lakhs. Each IIM publishes its MBA fee structure in the admission policy before launching the plan and specifies what costs they will incur in their IIM MBA fee structure 2021. No increase in MBA fees has been announced by any IIM so far for the 2021-23 academic session.

In this article, students will find information on IIM Ahmedabad Fees, IIM Bangalore Fees, IIM Indore Fees, and other 17 campuses with fare details and scholarships. Candidates will also find the following details:

• Components of IIM admission 2021 fees
• Scholarship schemes offered by each IIM
• PGP fee structure and scholarship of each IIM
• Annual course fee of two-year MBA/PGP programme of each IIM

If you plan to pursue a postgraduate management course at any of the IIM campuses, you should be familiar with IIM fees for MBA 2021 session and MBA admission criteria (CAT selection). Although IIMs offer scholarships and assistance in obtaining education loans, it is always wise to check whether they fit into your budget before applying.

IIM Fees for MBA

Below is a list of IIM MBA/ PGP fees. The amount mentioned here is a full-time MBA/ PGP (2 years) course fee. IIM fees may increase in the new academic session.

IIM Ahmedabad Fees 2021

As per the previous year’s IIM Ahmedabad fees for MBA/ PGP, it was around Rs 23,00,000 (inclusive of tuition fees of Rs 16,99,000). The Programme Fee for PGPX is Rs 28,00,000. IIM Ahmedabad fees have mentioned components like accommodation, mess charges, tuition fees, and other related charges. Candidates should be aware that IIM Ahmedabad fees do not include personal expenses for travel, boarding, clothes, laundry, and more. IIMA will also provide financial assistance to the students.

Total IIM MBA fees for future batches will be announced later. All students must have a personal computer. The institute can also arrange to buy this locally.

IIM Ahmedabad Fees Structure for MBA/ PGP 2021

IIM Bangalore Fees 2021

The total IIM Bangalore fees for MBA/ PGP program is around Rs 23 lakh. MBA IIM Bangalore fees will cover the tuition, internet, library, hostel room, and other components. Apart from the IIM Bangalore fees students will be required to pay the caution deposit and mess in advance. IIMB will provide financial assistance and scholarships to the shortlisted candidates to join the MBA/ PGP program on a CAT basis.

IIM Bangalore Fees for MBA/ PGP

NOTE: In addition to the IIM MBA fees mentioned above, students will have to pay a mess in advance of Rs 30,000 each term.

IIM Calcutta Fees 2021

The fees for the programs offered by IIM Calcutta will vary from program to program. The total IIM Calcutta fees for the MBA program is Rs 27,00,000 and for PGPEX-VLM is Rs 11,25,000. IIMC offers programs like MBA, MBAEx, PGPEX-VLM, PGDBA. IIM Calcutta fees for MBA/ PGP include the tuition fees and books, cost of course material, accommodation, and economy airfare of study tours organized by IIMC.

IIM Calcutta Fees for MBA/ PGP

IIM Lucknow Fees 2021

Students who are shortlisted for final IIML admission will have to pay the IIM Lucknow fees which will be divided into 6 terms. The IIM Lucknow fees for MBA is Rs 19,25,000 as per the previous year. IIM Lucknow Fees for SC-ST students may vary. To know the clear details of IIM Lucknow fee structure as category and course wise, please visit the official website.

IM Lucknow fees will include the admission fee, tuition fee, infrastructure fee, refundable deposits, and alumni membership fees. Last year IIM Lucknow hiked the fee approximately by Rs 5,00,000.

IIM Lucknow Fees for MBA 2021

IIM Kozhikode Fees 2021

Students who will be offered a final admission will have to pay the IIM Kozhikode fees to confirm their admission. The total IIM Kozhikode fees for the program is Rs 10,00,000 payable in 7 Instalments. For the PGP-Finance program, the total fee is Rs 20,50,000. The IIM Kozhikode fees may vary for every program like PGP-LSM, PGP-BL, PGP-Finance, PGP, MBA, Executive-MBA.

The above fees include books and instruction material, program delivery, simulations, and access to all on-campus facilities such as library resources. However, these fees do not include the boarding and lodging charges for the proposed campus immersion modules at IIMK.

IIM Kozhikode Fees Structure

IIM Indore Fees 2021

Indian Institute of Management (IIM), Indore will provide the fee structure for PGP and PGPMX for the academic batch of 2021-23. The total fee for PGP programme at IIM Indore is Rs 16,96,422 and for PGPMX, Rs 16,10,000. IIM Indore Fees include access to lectures, computer facilities, library, etc. It has accommodation.

The IIM Indore fees do not include the cost of textbooks. The approximate cost of the textbooks is Rs. 15,000 per annum which the participants have to spend on their own. Covered Medical Policy Insurance for a sum of Rs.1,50,000 per participant each year for which premium would be collected on actual.

IIM Indore Fees Structure for MBA/ PGP/ PGPMX

Post Graduate Programme in Management for Working Executives (PGPMX)

Post Graduate Programme in Management (PGP)

NOTE: Caution Deposit fee to be refunded at the completion of the programme, after adjusting the dues (if any). Rs. 10,000 will be collected in the second year towards the Alumni fee.

The acceptance fee will be adjusted against the 1st installment fee. Participants can pay in one lump sum or in three installments up to 7 days before the deadline. Late payment attracts late fines.

IIM Trichy Fees 2021

IIM Trichy offers PGPM, PGBM, PGPM-HR, FPM, and E-FPM. As per the past year’s trend, those who will apply for the PGPM programme will have to pay Rs 14,00,000 and those who will apply for PGPBM will have to pay a total fee of Rs 11,80,000.

The non-refundable IIM Trichy fees of Rs. 11,80,000/- that includes Library, Tuition, Case Permission Royalty, Academic Course Pack, Textbooks, Examination, and Alumni activity. For ease of payment, the IIM Trichy fee is structured to be paid in nine installments as per the following schedule.

IIM Trichy Fees Structure for MBA

The term-wise fee details are as follows:

IIM Trichy Fees Structure for PGPBM

* Includes the Caution Deposit of Rs 10,000 refundable on graduation/ withdrawal from the programme.

IIM Trichy Fees Structure for PGPM

NOTE: A caution deposit of Rs. 30,000 (Term-I) will be refunded if there is any adjustment upon leaving the Institute.

IIM Amritsar Fees 2021

IIM Amritsar fees will include Tuition, Library, IT & Computer, Books & Case Material, Hostel & Electricity, Medical & Student’s Activities. IM Amritsar fees for MBA is a total of Rs 12,00,000. If students want to be on IIM Amritsar's final merit list for admission to the 2021-23 PGP academic batch, candidates must all pay the acceptance fee to confirm admission to IIM Amritsar. According to last year's trends, there is an increase in total IIM Amritsar fees.

IIM Amritsar Fees Structure

NOTE: The personal expenses and mess are not included in the above IIM Amritsar Fees Structure. The mess expense is estimated to be Rs 10,000 per month payable on an actual basis.

IIM Rohtak Fees 2021

After receiving the confirmation call from IIM Rohtak, each candidate thinks about its fee structure. IIM Rohtak offers postgraduate programmes in management, executive, and fellowship programmes. As per last year's trend, those who will qualify for admissions at IIM Rohtak will have to pay Rs. 16,65,000 for its two-year PGP programme.

IIM Rohtak Fees 2021-23

The following is the Expenses and Charges structure of the two-year PGP of IIM Rohtak:

Students also have to pay placement support fees and Alumni.

Support/ Membership Charges & Refundable Deposits towards the following heads:

* Refundable

IIM Bodh Gaya Fees 2021

Those who accept the confirmation call will have to pay the IIM Bodh Gaya fee. IIM BG offers a two-year full-time Postgraduate Programme (PGP). According to the details mentioned on the website, all the candidates who will be admitted should confirm it by paying the required fees. IIM Bodh Gaya fees are a total of Rs 10,60,000 term-wise for the PGP programme.

The IIM Bodh Gaya fees for the PGP programmes will cover tuition fees, caution deposit (refundable amount), academic charges, and room rent.

IIM Bodh Gaya Fees

* Refundable

IIM Sambalpur Fees 2021

MBA fees of IIM Sambalpur for the 7th batch of 2021-23 are expected to be around the previous year’s fee only. The expected fee structure of IIM Sambalpur is Rs. 13,03,000. IIM Sambalpur fees can be paid by candidates in six installments as per three trimesters. IIM Sambalpur comes under the 3rd generation of IIMs.

IIM Sambalpur Fees

The seat intake for MBA admissions in IIM Sambalpur for the academic batch 2021-23 is 180.

IIM Sirmaur Fees 2021

IIM Sirmaur MBA fees for batch 2021-23 is Rs. 11.75 lakhs for both MBA and MBA (Tourism & Hospitality Management). In addition to the payment of tuition fees, IIM Sirmaur also mandates shortlisted candidates to pay Rs. 1,00,000 in each term (up to the fourth term) for the International Immersion program. However, the cost of the fee charged for the immersion programme activity will be adjusted against the term fees in case the Immersion program is not conducted.

IIM Sirmaur MBA Fees

IIM Sirmaur Seat Intake 2021: The seat intake for IIM Sirmaur MBA admissions 2021 is not declared yet. However, based on the previous year’s data, seats in IIM Sirmaur for MBA are expected to be 90 while for MBA (Tourism and Hospitality Management), the seats are 30.

IIM Jammu Fees 2021

Indian Institute of Management, Jammu has released the fee structure of IIM Jammu for the batch of 2021-2023. Candidates who will be selected on the basis of CAT score and other selection parameters will have to pay a total of Rs. 14,82,000 as the IIM MBA course fee. In addition to this caution deposit (refundable) of Rs. 20,000 has to be paid at the time of admission in IIM Jammu. The amount of Rs. 50,000 deposited while accepting the offer of admission, will be adjusted against the first term fee.

IIM Jammu MBA Fees 2021

IIM Jammu Seat Intake 2021: The batch size of IIM Jammu for MBA is 240 for the academic year 2021-23.

IIM Ranchi Fees 2021

In order to take admission to IIM Ranchi, candidates will have to pay a fee of Rs.15,30,000. This IIM Ranchi fee is both for PGP and PGP HRM programmes. The fee structure of IIM Ranchi can be paid in six installments as per the terms specified. IIM Ranchi fees include tuition fees, medical insurance charges, students’ association fees, alumni activity, and related.

NOTE:-

• Selected candidates will have to deposit admission fees of Rs. 1,00,000 in online mode. This amount will be adjusted against the term I tuition fees

• Candidates staying in a hostel will have to pay Rs. 15,000 per term as mess charges

• Caution deposit of Rs. 10,000 is refundable to candidates at the time of leaving IIM Ranchi

IIM Ranchi seat intake: As per IIM Ranchi admissions 2021-23, the seat intake is expected to be over 200 seats.

IIM Raipur Fees 2021

IIM Raipur is yet to release the fee structure for PGP batch 2021-23. However, based on the previous year candidates can check below the IIM Ranchi fees. The fee structure of IIM Raipur includes various components such as tuition fees, medical insurance charges, students’ association fees, alumni activity, etc.

IIM Raipur PGP fees

IIM Raipur Seat Intake- As per the IIM Ranchi admission criteria 2021, a total of 260+ seats will be available for candidates.

IIM Kashipur Fees 2021

Indian Institute of Management (IIM), Kashipur has released the fee structure for the academic batch of 2021-23. As per IIM Kashipur admission criteria, the fee structure for MBA and MBA Business Analytics is Rs. 15,42,000 for two years. IIM Kashipur MBA fees include tuition fees, medical insurance charges, students’ association fees, alumni activity, placement fee, course material fee, and more.

IIM Kashipur MBA fees 2021-23

IIM Kashipur Seat Intake- The total batch size of IIM Kashipur for MBA is 90. IIM Kashipur will follow the Government of India norms on reservations for Scheduled Caste (SC), Schedule Tribes (ST), Non-Creamy Other Backward Class (NC-OBC), and DAP (Differently-abled Person) and EWS (Economically Weaker Section).

IIM Shillong Fees 2021

IIM Shillong will soon release the fee structure for PGP batch 2021-23. Based on the previous year’s IIM Shillong fees, the fee this year will also be around Rs. 14,60,000. IIM Shillong offers a total number of 125 seats. IIM Shillong admission process includes overall CAT percentile and Group Discussion (GD) and Personal Interview (PI) after that final merit list will be prepared.

IIM Udaipur Fees 2021

IIM Udaipur has not yet released the fee structure for its two-year full-time MBA programme. IIM Udaipur MBA fees are expected to be around Rs. 17,05,400 based on the 2020-22 fee structure. Candidates can check below the term-wise fee breakup for IIM Udaipur.

IIM Udaipur Fees Structure 2021

IIM Udaipur Seat Intake 2021: As per IIM Udaipur admission criteria, the total seat intake of IIM Udaipur is 325.

IIM Nagpur Fees 2021

The total MBA fee at IIM Nagpur for the batch of 2021-23 is Rs. 13,75,000 and the fee payable at the time of acceptance of the admission offer is Rs 75,000. It must be noted that these are the tentative fees. The acceptance fee of Rs. 75,000 will be adjusted towards the total fee for a term I due at the time of programme registration. The payment of the offer acceptance fee and the term fee for all the terms have to be done online.
IIM Nagpur MBA Seat Intake 2021-23- The batch size for PGP 2021-23 will be 240 students as per the IIM Nagpur admission criteria.

Number of seats and category-wise reservation

IIM Visakhapatnam Fees 2021

The fee structure of IIM Visakhapatnam for PGP courses has not been declared yet. However, based on the previous year’s data, candidates can check below the IIM Visakhapatnam fees. The total fee of the PGP programme at IIM Visakhapatnam is expected to be around Rs. 10,70,000.

IIM Visakhapatnam Fees

IIM Visakhapatnam Seat Intake 2021- From last year onwards, the batch capacity of IIM Visakhapatnam is around 120.

IIM Scholarships 2021

IIMs offer various scholarships and grants for scholarships to eligible candidates. There are some main types of scholarships offered:

• Scholarship for EWS
• Scholarship for Meritorious Students
• Scholarship for OBC
• Scholarship for SC/ ST
• Scholarship for General Category

IIM Admission Criteria 2021

It is imperative for candidates to stay updated with the IIM admission criteria if they are willing to take admission in any of the IIM. complete details related to IIM cutoff, selection rounds are provided under IIM 2021 admission criteria. To take admission in IIMs, one of the basic requirements is to qualify for CAT Exam. Some of the Indian Institutes of Management from Ahmedabad, Bangalore, Calcutta, Kozhikode, Indore, Lucknow have released their admission criteria for 2021 admissions that include various parameters.

IIM Admission Criteria 2021:

If you search for the best MBA colleges in India, then IIMs is one of them. To get admission in IIMs, you have to fulfill the CAT cut off percentile.

IIM MBA Salary Package

The table shows you the answer for the candidate who has a question about why IIM MBA fees are so high. Also, the IIM MBA package includes various components such as allowances, gross salary, reimbursements, pf, insurance, deductions, and etc.

IIM Salary Package offered in India & International for MBA

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IIM MBA Seat Intake 2021

A total of 20 IIMs are there in India and each IIM reserves some seats for the reserved category candidates which includes OBC (Other Backward Classes), SC (Scheduled Caste), ST (Scheduled Tribe), EWS (Economically weaker section), and (PwD) Person with Disabilities.

This table underneath will provide an observation on the reservation ratio for various categories:

IIM Seats Reservation Policy

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Note- The IIM MBA fees given above is liable to change based on IIM fee structure notification

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