IIM MBA Fees 2026-2028: IIM PI calls are officially out for the 2026-28 batch, the crunch time has already started. At this time, understanding the total IIM MBA fees 2026 and breakdown is crucial for better insights into the IIM MBA admission 2026-28. For instance, IIM Indore offers a lucrative return on investment with an IIM Indore average package of Rs. 29.57 LPA against the IIM Indore admission fees of around Rs. 25.15 lakhs, but the MBA programs require significant financial planning. This article will provide a detailed overview of the IIM MBA admission process, IIM fees structure for MBA and additional charges, giving you the total IIM fees 2026 breakdown. Candidates are advised to go through the article to know the IIM MBA admission fees and the average packages as per the trends from the previous year.
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Candidates who appeared in the IIM PI shortlist must check the IIM fees and their placement report to make an informed decision based on their CAT 2025 score. Please refer to the table below for more details related to the IIM MBA fees 2026 and the IIM average package.
IIMs | IIM fees | Average Packages | Median Packages |
Rs. 27.5 lakhs (2025-27) | Rs. 35.22 LPA | Rs. 34.53 LPA | |
Rs. 20.11 lakhs (2025-27) | Rs. 34.88 LPA | Rs. 32.61 LPA | |
Rs. 27 lakhs (2025-27) | Rs. 34.23 LPA | Rs. 34 LPA | |
Rs. 25.15 lakhs (2026-28) | Rs. 29.57 LPA | Rs. 27 LPA | |
Rs. 23.50 lakhs (2025-27) | Rs. 28.18 LPA | Rs. 27.50 LPA | |
Rs. 20.75 lakhs (2025-27) | Rs. 32.3 LPA | Rs. 31 LPA | |
Rs. 22.80 lakhs (2026-28) | Rs. 16.04 LPA | Rs. 15.80 LPA | |
Rs. 19.50 lakhs (2024-26) | Rs. 19.27 LPA | - | |
Rs. 20 lakhs (2025-27) | Rs. 18.83 LPA | Rs. 18.40 LPA | |
Rs. 17.90 lakhs (2025-27) | Rs. 18.73 LPA | Rs. 17 LPA | |
Rs. 21.51 lakhs (2026-28) | Rs. 19.54 LPA | Rs. 16.79 LPA | |
Rs. 17.96 lakhs (2025-27) | Rs. 13 LPA | Rs. 12 LPA | |
Rs. 21 lakhs (2026-28) | Rs. 18.07 LPA | Rs. 17.03 LPA | |
Rs. 21.01 lakhs (2025-27) | Rs. 15.65 LPA | Rs. 15.02 LPA | |
Rs. 20 lakhs (2025-27) | Rs. 13.30 LPA | - | |
Rs. 19.20 lakhs (2025-27) | Rs. 19.29 LPA | Rs. 17.64 LPA | |
Rs. 22.78 lakhs [2026-28] | Rs. 15.72 LPA | Rs. 15 LPA | |
Rs. 21.50 lakhs (2025-27) | Rs. 19.11 LPA (Top 20%) | Rs. 18 LPA (Top 20%) | |
Rs. 26.18 lakhs (2024-26) | Rs. 26.44 LPA | Rs. 25 LPA | |
Rs. 16.96 lakhs (2025-27) | Rs. 14.95 LPA | Rs. 14.42 LPA | |
Rs. 25 lakhs (2026-28) | Rs. 33.84 LPA (Top 50%) | - |
Under the IIM 2026-28 Batch Admission, the total program cost includes many things which can vary from college to college. Let us break down some of the typical amenities which are included in almost every IIM-
Tuition Fees: The tuition fees of MBA admission 2026-28 include core academic instructions, case studies, simulations, and evaluation. Some campus facilities are also included in the tuition fees of IIMs.
Hostel & Accommodation: Most IIMs have fully residential campuses. Hostel charges are built into total IIM fees, which include single/sharing rooms, furniture, water and hygiene facilities.
Library & IT Charges: Access to global academic databases, Bloomberg terminals (in some campuses), digital resources, and campus Wi-Fi are also included in the total IIM fees.
Student Activities & Alumni Fees: The total IIM fees can also include cultural festivals, student committees, and alumni association membership.
Caution Deposit: It is the refundable amount payable at the beginning of the program. It is mainly charged in the IIM fees as a deposit to cover potential damages or any other sort of outstanding charges.
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Given below is the expected total admission fee of the top IIMs for the 2-year MBA program as per the data from official IIM websites. (2026–28 final updates are not completely released yet.)
The Indian Institute of Management Ahmedabad has a total fee of approx. Rs. 27.5 lakhs for the two-year MBA program. This amount includes tuition fees, course materials, library access, IT services, and other academic resources. Personal expenses and optional international immersion programs are not included in this figure. IIM Ahmedabad MBA fee structure remains one of the highest among IIMs, supported by its consistently strong placement outcomes and brand value.
The Indian Institute of Management Bangalore has a fee of Rs. 20.11 lakhs for its 2-year MBA programme. The IIM Bangalore MBA fees cover tuition, hostel charges, library, internet services, and student activity charges. Compared to IIM Ahmedabad, the fees of the IIM Bangalore 2026 MBA programme is slightly higher. The return on investment remains competitive because of its robust placement performance and the strong industry connections it has.
The MBA program at the Indian Institute of Management Calcutta is priced at around Rs. 27 lakhs for the full two-year duration. Academic charges and hostel expenses are included in the IIM Calcutta fees structure, but mess charges may be billed separately depending on campus policy.
At the Indian Institute of Management Kozhikode, the PGP program fee for 2026 is approximately Rs. 23.50 lakhs. The IIM Kozhikode fee structure is usually organised into term-wise instalments, making it manageable across the academic duration. Let us take a quick look at the complete breakdown of the total IIM fees structure you will have to pay for the entire 2 year pgp programme at IIM Kozhikode for the 2025-2027 batch.
IIM Kozhikode Fees | MBA First Year | MBA Second Year |
Tuition Fees | Rs. 7,00,000 | Rs. 7,00,000 |
Admission Fees | Rs. 15,000 | — |
IT and Infrastructure | Rs. 1,20,000 | Rs. 1,20,000 |
Library Deposit | Rs. 95,000 | Rs. 95,000 |
Hostel Fees | Rs. 45,000 | Rs. 45,000 |
Books and Study Material | Rs. 1,15,000 | Rs. 1,15,000 |
Student Activities | Rs. 15,000 | Rs. 15,000 |
Orientation Charges | Rs. 17,000 | — |
Student Support Services | Rs. 20,000 | Rs. 25,000 |
Workshops | Rs. 14,000 | Rs. 21,000 |
Exam Fees | Rs. 19,000 | Rs. 19,000 |
Alumni Fees | — | Rs. 20,000 |
IIM Kozhikode Total Fees | Rs. 23,50,000 | |
The PGP program at the Indian Institute of Management Indore has a total IIM fees 2026-2028 of about Rs. 25.15 lakhs. Certain components such as mess charges or refundable caution deposits are not included in this. Among the older IIMs, Indore is often considered relatively cost-effective where it also maintains strong academic record and placement standards. Let us check out the complete breakdown of the 2 year pgp programme at IIM Indore for the batch 2026-2028.
IIM Indore MBA Fees | First Year Fees | Second Year Fees |
Course Fees | Rs. 1,20,000 | Rs. 1,20,000 |
Alumni Fees + GST@18% | — | Rs. 10,000 + Rs. 1,800 |
Caution Deposit (Refundable) | Rs. 50,000 | — |
Mess Deposit | Rs. 54,000 | — |
IIM Indore MBA Total Fees | Rs. 25,15,800 | |
The PGP program at the Indian Institute of Management Lucknow has a total IIM fees of approximately Rs. 20.75 lakhs. This amount includes tuition and hostel charges and academic services as well. Other expenses are not included in the total IIM fees 2026-2028. Let’s check out the complete fee breakdown of the IIM Lucknow fee structure of 2 year PGP Programme for the year 2025-2027.
IIM Lucknow MBA Fees | First Year Fees | Second Year Fees |
Admission Fee | Rs. 1,00,000 | — |
Tuition Fee | Rs. 6,30,000 | Rs. 6,30,000 |
Infrastructure Fee | Rs. 3,45,000 | Rs. 3,45,000 |
Caution Deposit | Rs. 20,000 | — |
Alumni Membership | — | Rs. 5,000 |
IIM Lucknow MBA Fees | Rs. 20,75,000 | |
The MBA program at the Indian Institute of Management Mumbai for the Two-Year Weekend MBA‑PGPM is officially listed at Rs. 25 lakh for the full program duration. IIM Mumbai fees for the year 2026 cover tuition and academic services. A refundable caution deposit of ₹50,000 is collected at the start. The official full-time PGP/MBA fee for 2026‑28 has not yet been published on the institute’s website.
At the Indian Institute of Management Shillong, the official fee for the PGP 2026‑28 batch has not yet been released. For reference, the PGP 2024‑26 batch had a total fee of approximately Rs. 26.18 lakhs, which included tuition, hostel accommodation, and term-wise academic charges, though mess charges may be billed separately. Given below is the semester-wise breakdown of the total IIM Shillong fees for the 2-year MBA program.
Charges | Term 1 | Term 2 | Term 3 | Term 4 | Term 5 | Term 6 | Total |
Acceptance fee + caution fees | 90,000 | - | - | - | - | - | 90,000 |
Term fees+ advance for mess | 3,63,000 | 4,33,000 | 4,33,000 | 4,33,000 | 4,33,000 | 4,33,000 | 25,28,000 |
Total | 4,53,000 | 4,33,000 | 4,33,000 | 4,33,000 | 4,33,000 | 4,33,000 | 26,18,000 |
At the Indian Institute of Management Trichy, the official fee for the PGP 2026‑28 batch is also not yet listed. IIM Trichy MBA Fees of the previous batch [2024-2026] were Rs. 21 lakh, which covered the tuition and academic charges. Caution deposits and mess charges were separate. Let’s take a close look at the complete IIM fees 2026-2028 breakdown for 2 year PGP program at IIM Trichy [2024-2026]
Years | Tuition Fees | Mess advance | Caution deposit | Total Fees |
1st year | 9,75,000 | 60,000 | 30,000 | 10,65,000 |
2nd year | 9,75,000 | 60,000 | - | 10,35,000 |
Total | 19,50,000 | 1,20,000 | 30,000 | 21,00,000 |
The MBA programme at the Indian Institute of Management Jammu for the 2026‑28 batch has a fee of Rs. 22.80 lakhs excluding caution deposit for the full two‑year duration. The IIM Jammu fees amount includes tuition fees and other academic and non‑academic expenses such as library charges, hostel fees, IT infrastructure, student welfare and health insurance, spread across six terms. A refundable caution deposit of ₹50,000 is additionally charged in the IIM fees at the time of admission, and mess bills are to be paid separately as per actual usage. The table below shows the complete IIM fees 2026-2028 breakdown of IIM Jammu.
Year | Tuition fees | Caution deposit | Other expenses | Total |
1st year | 7,18,905 | 50,000 | 4,18,473 | 11,87,378 |
2nd year | 7,18,905 | - | 4,24,473 | 11,43,378 |
Total | 14,37,810 | 50,000 | 8,42,946 | 23,30,756 |
Frequently Asked Questions (FAQs)
The IIM Mumbai MBA fees is around Rs. 25 lakhs for the two-year MBA program 2026-28 academic year.
The total IIM Nagpur fees is around Rs. 21 lakhs, of which Rs. 1 lakh will be paid at the time of acceptance of the admission offer.
Several IIMs offer Merit-cum-needs based scholarships for the MBA admission 2026-28.
On Question asked by student community
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