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IIT MBA Fees 2024

IIT MBA Fees 2024

Edited By Team Careers360 | Updated on Jul 13, 2024 05:15 PM IST | #CAT

IIT MBA fees are surprisingly lower than IIMs which makes IITs a lucrative option for many candidates to pursue an MBA course. 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.

IIT MBA Fees: Fee structure of different IITs

All the 8 IITs offer varying fee structures for their respective MBA programs. The sections below briefly explain each one of them:

IIT Kharagpur

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 IIT MBA Fees structure for IIT Kharagpur.

Description

Fees at the time of admission(2024-26) Semester 1 (INR)

Semester Fees for (2024-26) batch students Semester 2 (INR)

Semester Fees for (2024-26) batch students Semester 3 (INR)

Semester Fees for (2024-26) batch students Semester 4 (INR)

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 International Immersion Programme.

The above Fees are subject to revision from time to time.

IIT Bombay

IIT MBA Fees for the 2-year MBA program at IIT Bombay is INR 14.02 Lakhs. The institute also provides financing options like loans at attractive rates of interest.

IIT Jodhpur

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.

  1. Course Fee

Semester

Particulars

Amount (INR)

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).

  1. Hostel & Dining Fee (in INR) (For Hostellers)

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Hostel 4,000. (Per Semester)

Dining 14,000. (Per Semester)

Total 18, 000/

  1. Scholarship

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The following scholarship schemes will be applicable in the fee structure for the MBA Admission 2020.

  • Full fee waiver to the topper student (in first semester based on initial merit list; II semester based on GPA of I semester, III semester based on GPA of I+II semester, IV semester based on GPA of I+II+III semester)

  • 50% fee waiver to second topper student (in first semester based on initial merit list, II semester based on GPA of I semester, III semester based on GPA of I+II semester, IV semester based on GPA of I+II+III semester)

  • 25% fee waiver to the third topper student (in the first semester based on the initial merit list, II semesters based on GPA of I semester, III semesters based on GPA of I+II semester, IV semester based on GPA of I+II+III semester)

  • Merit cum means scholarships for EWS students (50% fee waiver)

IIT Delhi

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.

Tuition Fees for Indian Citizens: Rs. 11.20 Lacs for the entire MBA Full Time Programme payable in equal installments (4 Semesters)

The exact amount of fees and mode of payment will be indicated in the offer of admission for new students.

The fee is payable by the 2023-2025 batch for the MBA Program.

General/OBC/EWS: Tuition Fees: Rs. 2,80,000/-, Other Charges: Rs. 22,400/-, and Institute Residence Fee: Rs. 13,250/-

SC/ST/PWD: Other Charges: Rs. 22,400/-, and Institute Residence Fee: Rs. 13,250/-

IIT Kanpur

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 aspertheMOUsignedbetweentheInstituteandtheirrespectivecountry.OtherForeignnationalstudentswillpayUS1000 as a tuition fee.

IIT Madras

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

₹ 250

₹ 250

-

-

Advance Dinning Charges *

₹ 14115

₹ 14115

-

-

Establishment – A Charges

₹ 5000

₹ 6000

₹ 5000

₹ 6000

Establishment – B Charges

₹ 1500

₹ 1500

-

-

Gymkhana Fee (Extra curricular Activities)

₹ 1500

₹ 1500

₹ 1500

₹ 1500

Total

₹ 22365

₹ 23365

₹ 6500

₹ 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

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

INR 75,000

INR 31,850

INR 18,000

INR 1,24,850

INR 49,850

For the subsequent winter semester

INR 75,000

INR 8,400

INR 18,000

INR 1,01,400

INR 26,400

For subsequent Monsoon Semester

INR 75,000

INR 18,450

INR 18,000

INR 1,11,450

INR 36,450

IIT Roorkee

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 (INR)

MBA 1st year Spring semester (INR)

MBA 2nd year Spring semester (INR)

MBA 2nd year Spring semester (INR)

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

Frequently Asked Question (FAQs)

1. Is IIT good for MBA?

IITs are the top-ranked educational institutions in the country. An MBA from IIT is a great choice to unleash your career potential.

2. Which IIT has the best MBA?

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.

3. What is the good CAT percentile for IIT?

A CAT percentile of 90 and above is considered good for IITs.

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Have a question related to CAT ?

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

  • Modern Math

It seems unlikely that you would be able to get admission in the BTech CS branch at BIT Sindri or Mesra with a CML rank of 2058 and category rank of 433.

Key points:

1. The search results indicate that a CML (Common Merit List) rank of 2058 is quite low for admission to premier engineering colleges like BIT Sindri or NIT Mesra.

2. The cutoff ranks for BTech CS branch at these institutes are usually much higher, often in the range of 1000-2000 for the general category.

3. With a category rank of 433, you may have a better chance of getting admission in the reserved category quota, but the competition is still quite high.

4. The search results do not provide specific cutoff details for BIT Sindri or NIT Mesra, but the general trend suggests your current ranks may not be sufficient for the CS branch in these institutes.

My advice would be to:

1. Check the latest cutoff ranks and admission criteria on the official websites of BIT Sindri and NIT Mesra.

2. Explore other options like state-level engineering colleges or NITs where your current ranks may have a better chance of securing admission.

3. Consider improving your performance in the next attempt of the entrance exam to increase your chances of getting into your desired BTech program.



For VARC, read daily from diverse sources (newspapers, novels, journals) to improve comprehension and vocabulary. Practice RC passages and verbal ability questions regularly. For DILR (Data Interpretation and Logical Reasoning) and QA (Quantitative Aptitude), solve previous years' papers and take mock tests to identify weak areas. Join a coaching institute or online courses for guidance and stay consistent with your study schedule. Review and analyze your performance in mocks to understand mistakes and improve. Maintain a positive mindset and stay disciplined in your preparation.

Hello aspirant,

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View All

1-radian measures 600. (True/False)

Option: 1

True


Option: 2

False


$111111^2$ = 

Option: 1

123456654321


Option: 2

123454321


Option: 3

123454321


Option: 4

12345654321


1111112 =___________ 

Option: 1

 123456654321


Option: 2

1234554321


Option: 3

123454321


Option: 4

12345654321


159702 is divisible by

Option: 1

7


Option: 2

9


Option: 3

11


Option: 4

6


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

What best can be said about the number of satellites serving C? 

Option: 1

Must be between 450 and 725 

 


Option: 2

Cannot be more than 800 
 


Option: 3

Must be between 400 and 800 

 


Option: 4

Must be at least 100 


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

What is the minimum possible number of satellites serving B exclusively? 

Option: 1

100


Option: 2

200


Option: 3

500


Option: 4

250


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

If at least 100 of the 1600 satellites were serving O, what can be said about the number of satellites serving S? 

Option: 1

At most 475 

 


Option: 2

Exactly 475 
 


Option: 3

At least 475 

 


Option: 4

No conclusion is possible based on the given information 


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

 If the number of satellites serving at least two among B, C, and S is 1200, which of the following MUST be FALSE? 

Option: 1

The number of satellites serving C cannot be uniquely determined 

 


Option: 2

The number of satellites serving B is more than 1000 
 


Option: 3

All 1600 satellites serve B or C or S 

 


Option: 4

The number of satellites serving B exclusively is exactly 250 


2839155 is divisible by

Option: 1

2


Option: 2

7


Option: 3

55


Option: 4

None of the above


'a' for which x^{2}-ax+9= 0 can be written as square of a linear factor is

Option: 1

6


Option: 2

-6,6


Option: 3

\left ( 6,\infty \right )


Option: 4

\left ( -\infty,-6 \right )


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