Great Lakes - PGPM & PGDM 2025
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Extended Application Deadline: 10th Feb 2024
IIT MBA fees are surprisingly lower than IIMs which makes IITs a lucrative option for many candidates to pursue an MBA course. IIT MBA fee comes to around Rs. 8 lakhs to Rs. 14 lakhs. MBA from IITs allows them to acquire an aspired post-graduate program like an MBA from the finest academic institutions in the country for a much more affordable price. It often saves them from the financial trap that many aspirants find themselves in after completing their MBA from premier expensive IIMs. Out of 23 IITs, 8 IITs offer MBA programs across various specialisations through their management departments.
All the 8 IITs offer varying fee structures for their respective MBA programs. The sections below briefly explain each one of them:
The IIT MBA fee structure for IIT Kharagpur is divided into four different parts to be paid by the students. Almost every expense gets covered within the fee structure. Here’s a detailed breakup of the IIT MBA fee structure for IIT Kharagpur.
Description | Fees at the time of admission (2024-26) Semester 1 (Rs) | Semester Fees for (2024-26) batch students Semester 2 (Rs) | Semester Fees for (2024-26) batch students Semester 3 (Rs) | Semester Fees for (2024-26) batch students Semester 4 (Rs) |
A) Caution money and Deposits | ||||
Institute | 1000 | |||
Library | 1000 | |||
Hostel | 4000 | |||
Total A | 6000 | |||
B) One-time fee | ||||
Statutory Fee | 1500 | |||
Alumni Subscription | 2000 | |||
Medical examination | 200 | |||
Student’s welfare fund | 300 | |||
Modernisation fee | 700 | |||
Training and Placement fee | 1500 | |||
Hostel admission fee | 1000 | |||
Hall budget | 1000 | |||
International Immersion Program | 100000 | |||
Total B | 1,08,200 | |||
C) Semester Fee | ||||
Tuition Fee | 2,50,000 | 2,50,000 | 2,50,000 | 2,50,000 |
Registration | 400 | 400 | 400 | 400 |
Examination | 500 | 500 | 500 | 500 |
Student Amenities | 800 | 800 | 800 | 800 |
Internet Connectivity | 600 | 600 | 600 | 600 |
Gymkhana | 600 | 600 | 600 | 600 |
Technology Film Society | 100 | 100 | 100 | 100 |
Medical Registration | 200 | 200 | 200 | 200 |
Laboratory | 800 | 800 | 800 | 800 |
Hostel seat rent | 750 | 750 | 750 | 750 |
Electricity and water charges | 1000 | 1000 | 1000 | 1000 |
Total C | 2,55,750 | 2,55,750 | 2,55,750 | 2,55,750 |
D) Hostel Charges | ||||
Mess Advance | 14,500 | 14,500 | 14,500 | 14,500 |
Hall establishment charge | 20,130 | 20,130 | 20,130 | 20,130 |
Hostel Overhead Charge | 970 | 970 | 970 | 970 |
Total D | 35,600 | 35,600 | 35,600 | 35,600 |
E) Student’s brotherhood fund (yearly) | 200 | 200 | ||
F) Insurance premium (yearly) | 2500 | 2500 | ||
Grand Total | 4,08,250 | 2,91,350 | 2,94,050 | 2,91,350 |
* Tuition Fee waived for SC/ST/PWD students
**plus GST, if applicable. Refundable if the student does not avail of the International Immersion Programme.
NOTE: The above fees are subject to revision from time to time.
Also Read: IIM vs IIT MBA: Which one to choose?
IIT MBA Fees for the 2-year MBA program at IIT Bombay is Rs 14.02 Lakhs. The institute also provides financing options like loans at attractive rates of interest.
The fee structure for MBA at IIT Jodhpur is divided into four components with two groups one being unreserved, EWS, OBC, and the other being SC, ST, and PWD. Here’s an overview of the IIT MBA fees structure for IIT Jodhpur.
Course Fee
Semester | Particulars | Amount (Rs) | |
Unreserved, EWS and OBC | SC, ST, and PWD | ||
I | Tuition Fee | 1,50,000 | Nil |
Semester Fee* | 17,100 | 17,100 | |
Student Development Fee (One Time)** | 50,000 | 50,000 | |
Refundable Deposits (One time) | 8,000 | 8,000 | |
Admission Fee (One Time) | 3,300 | 3,300 | |
Total Fee to be paid on or before 15th June 2020 | 2,28,400 | 78,400 | |
II | Tuition Fee | 2,00,000 | Nil |
Semester Fee* | 17,100 | 17,100 | |
Total Fee to be paid before the beginning of 2nd Semester | 2,17,100 | 17,100 | |
III | Tuition Fee | 2,00,000 | Nil |
Semester Fee* | 17,100 | 17,100 | |
Total Fee to be paid before the beginning of 3rd Semester | 2,17,100 | 17,100 | |
IV | Tuition Fee | 2,00,000 | Nil |
Semester Fee* | 17,100 | 17,100 | |
Total Fee to be paid before the beginning of 4th Semester | 2,17,100 | 17,100 | |
TOTAL | 8,79,700 | 1,29,700 |
* Semester Fee is an institute overhead that would include expenses such as Infrastructure, Medical, Student Activity, Academic, and Library charges.
** Student Development Fee will be primarily used by the students in the MBA-related enhancement activities (Global field visits, Placement & Cultural activities).
Hostel & Dining Fee (in INR) (For Hostellers)
Scholarship
The following scholarship schemes will be applicable in the fee structure for the MBA Admission 2025.
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Extended Application Deadline: 10th Feb 2024
250+ Companies | Highest CTC 16 LPA | Average CTC 8 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row | Awarded Best Business School of the Year
The MBA Admission Application processing fee is non-refundable at IIT Delhi. The institute allows fee concession and waiver for SC/ST and PWD candidates. The below sections explain in detail the IIT MBA fees for IIT Delhi.
IIT Kanpur has fee breakup for General+OBC, SC/ST/PH, Sponsored/Part-time and foreign nationals. The fees is inclusive of hostel and mess charges for all the different candidates. The table below gives an overview of the IIT MBA fees structure for IIT Kanpur.
General+OBC | 1,08,685 | 84,075 | 83,325 |
SC/ST/PH | 38,685 | 14,075 | 13,325 |
Sponsored/Part-time | 1,08,685 | 84,075 | 83,325 |
Foreign Nationals | US $ as per MOU + INR 38,685 | US $ as per MOU + INR 14,075 | US $ as per MOU + INR 13,325 |
Those PG students who have a valid GATE score or have qualified in a recognized National level test, such as CSIR/UGC, NET, INSPIRE, NBHM etc. may, in addition to the tuition fee waiver, be provided Institute Assistantship at the rates applicable to the Indian students, on the recommendation of the selection committee and approval of the Director.
For Foreign students, fees will be charged in US as per the MOU signed between the Institute and their respective country. Other Foreign national students will pay U$1000 as a tuition fee.
IIT Madras has different fee structures for hostellers and day scholars pursuing an MBA from the institute. The below table explains the fee breakdown for the IIT MBA fees structure for IIT Madras. It also incorporates the fee changes before and after the academic year 2017-18.
Details | HOSTELLER | DAY SCHOLAR | ||
2017 & before | 2018 onwards | 2017 & before | 2018 onwards | |
Hostel Admission Fee | Rs 250 | Rs 250 | - | - |
Advance Dinning Charges * | Rs 14115 | Rs 14115 | - | - |
Establishment – A Charges | Rs 5000 | Rs 6000 | Rs 5000 | Rs 6000 |
Establishment – B Charges | Rs 1500 | Rs 1500 | - | - |
Gymkhana Fee (Extra curricular Activities) | Rs 1500 | Rs 1500 | Rs 1500 | Rs 1500 |
Total | Rs 22365 | Rs 23365 | Rs 6500 | Rs 7500 |
Students availing bank loans only can obtain a demand draft drawn as per the following details:
Demand Draft Details | Institute Fees | Hostel Fees |
In Favour of | The Registrar Indian Institute of Technology Madras | The Chairman, Council of Wardens Indian Institute of Technology Madras |
Payable at | Chennai | Chennai |
Proof of payment to be submitted | The Joint Registrar (Acad.) Academic Section, IV Floor IIT Madras campus | The Chairman, Council of Wardens Office of the Hostel Management, IIT Madras campus |
IIT Dhanbad has a fee breakup for all four semesters. It does have special concessions for candidates hailing from SC/ST communities. The table gives a detailed break up of the IIT MBA fees structure for IIT Dhanbad.
Name of the semester | Tuition fees applicable for Gen/EWS/OBC | Tuition fees applicable for Gen/EWS/OBC/SC/ST/PWD | Mess fees applicable for Gen/OBC/SC/ST/PWD | Total fees applicable for Gen/EWS/OBC | Tuition fees applicable for SC/ST/PWD |
Monsoon semester i.e First Semester | Rs 75,000 | Rs 31,850 | Rs 18,000 | Rs 1,24,850 | Rs 49,850 |
For the subsequent winter semester | Rs 75,000 | Rs 8,400 | Rs 18,000 | Rs 1,01,400 | Rs 26,400 |
For subsequent Monsoon Semester | Rs 75,000 | Rs 18,450 | Rs 18,000 | Rs 1,11,450 | Rs 36,450 |
First-year students at IIT Roorkee have to pay a fee in the name of one time payment at the time of admission. All other fee related details for IIT MBA fees structure for IIT Roorkee are provided in the table below.
Particulars | MBA 1st year Autumn semester (Rs) | MBA 1st year Spring semester (Rs) | MBA 2nd year Spring semester (Rs) | MBA 2nd year Spring semester (Rs) |
Semester Fees (To be paid every semester) | 1,18,050 | 1,18,050 | 1,18,050 | 1,18,050 |
One Time payment at the time of admission | 6000 | 0 | 0 | 0 |
Deposits (refundable) | 3000 | 0 | 0 | 0 |
Mess Charges | 26,250 | 20,250 | 20,250 | 20,250 |
Total (Gen/OBC) (Residing) | 2,53,300 | 2,38,300 | 2,38,300 | 2,38,300 |
Total (SC/ST/PD) (Residing) | 1,53,300 | 1,38,300 | 1,38,300 | 1,38,300 |
Total (Gen/OBC) (Non-Residing) | 2,19,550 | 2,10,550 | 2,10,550 | 2,10,550 |
Total (SC/ST/PD) (Non-Residing) | 1,19,550 | 1,10,550 | 1,10,550 | 1,10,550 |
Note: Tuition fee is not charged for SC/ST/PD candidates
Also Know: IIT MBA Placements
IITs are the top-ranked educational institutions in the country. An MBA from IIT is a great choice to unleash your career potential.
All the 8 IITs offering MBA are considered to be good. Based on NIRF rankings IIT Delhi is ranked the best among other IITs with a rank 5.
A CAT percentile of 90 and above is considered good for IITs.
Top MBA colleges based on CAT, XAT, SNAP, and NMAT scores include some of India’s best institutions. For CAT, the IIMs (Ahmedabad, Bangalore, Calcutta) and FMS Delhi are highly regarded. XAT results in prestigious colleges like XLRI Jamshedpur and XIMB. SNAP is known for Symbiosis Institutes, such as SIBM Pune and SCMHRD. NMAT scores open doors to NMIMS Mumbai, SPJIMR Mumbai, and ISB Hyderabad. Each exam has unique eligibility requirements, and their cutoffs vary, so it's important to research the specific criteria and select based on your preferences and strengths.
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Here are important points regarding your query :-
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Based on the previous year analysis, According to your CAT 2024 percentile some of the colleges in which you have chances to get a seat includes:
You can predict more colleges using the CLAT 2024 college predictor tool .
Hope this information will help you
Hello Greetings
With a CAT 2024 percentile of 68.28%, you may face a challenging time getting into IIT Delhi, as their cutoffs are typically higher. However, being an SC female student, you may be eligible for relaxation in the cutoff criteria .
To give you a better idea, here are some general CAT cutoff percentiles for IITs and other top B-schools:
- *IIT Delhi*: Typically above 90 percentile for general category students.
- *Newer IIMs*: Such as IIM Vishakapatnam, IIM Shillong, and IIM Udaipur, may have lower cutoffs, around 80-90 percentile.
- *Other top B-schools*: Like IMT Ghaziabad, XIM Bhubaneswar, and TAPMI, may also consider students with lower percentiles.
It's essential to note that CAT cutoffs can vary from year to year, and other factors like your academic background, work experience, and performance in the personal interview (PI) and written ability test (WAT) also play a significant role in the admission process.
To explore more options and predict your chances of getting into various colleges, you can use online CAT college predictor tools .
Have a great day
Hello Greetings
Considering your 82.58 percentile in CAT and 22 months of industry experience in IT and Financial analysis, you have several options for General Management PGDM or PGPM programs.
*Decent Colleges Accepting Low CAT Percentile:*
- _SPJIMR_: Offers PGDM and PGPM programs, accepting CAT scores, with a minimum eligibility criterion of 50% aggregate in graduation ¹ ².
- _SOIL_: Provides PGPM and PGDM programs, considering CAT scores, with a focus on experiential learning ³.
- Other institutes like _IMT Ghaziabad_, _XIMB_, and _IRMA_ might also accept candidates with lower CAT percentiles, but this may vary depending on the program and intake.
*Key Factors to Consider:*
- _Work Experience_: With 22 months of experience, you might be eligible for PGPM programs, which typically require more work experience than PGDM programs ¹.
- _Career Gap_: Explain your career gap effectively in your application, highlighting any relevant activities or skills gained during that period.
- _Profile-Based Selection_: Some institutes consider profiles, including work experience, academic background, and extracurricular activities, in addition to CAT scores ¹.
*Next Steps:*
1. Research the institutes mentioned above and their programs.
2. Review the eligibility criteria, admission process, and fees for each program.
3. Prepare your application, ensuring you effectively communicate your strengths, work experience, and career goals.
4. Be prepared for interviews, focusing on your profile, experience, and motivation for pursuing a PGDM or PGPM program.
Remember, a lower CAT percentile doesn't necessarily limit your options. Focus on showcasing your strengths, experience, and fit with the program to increase your chances of admission.
Have a great day
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Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Extended Application Deadline: 10th Feb 2024
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