Apply to Jindal Global Business School | MBA Admissions 2024
IIM fees for 2 year MBA courses range from Rs 17 lakh to Rs 25 lakh. IIM MBA fees for new or baby IIMs such as IIM Ranchi, IIM Jammu, IIM Bodh Gaya, IIM Sirmaur etc is between Rs 17 lakh to Rs 20 lakh. Cost of doing an MBA from IIM Ahmedabad, IIM Calcutta, IIM Bangalore, IIM Indore, and IIM Mumbai is between Rs 21 lakh to Rs 25 lakh. The cheapest IIM in India is IIM Bodh Gaya with Rs 17 lakh fees. IIM fees for 5 years BBA+MBA is between Rs 15 lakh to Rs 30 lakh. Complete details on MBA fees at IIM, IIM fee structure, executive MBA from IIM fees and more here.
Apart from tuition fee, IIM fees structure includes amount for several services and utilities. One of the important components of IIM MBA fees structure is international immersion programme cost. Check out the IIM course fee components below.
Apply to Jindal Global Business School | MBA Admissions 2024
IIM Ahmedabad bags the top spot charging the highest IIM MBA fees of Rs 25 lakh and IIM Bodh Gaya is the lowest one with Rs 17 lakh. Check out the highest to lowest MBA fees for 21 IIMs for the academic year 2024-26 from the table below.
S.No. | IIM Campuses | IIM MBA Fees |
1 | Rs 25 lakh | |
2 | Rs 24.50 lakh | |
3 | Rs 23.00 lakh | |
4 | Rs 26.50 lakh | |
5 | Rs 22.50 lakh | |
6 | Rs 18.00 lakh | |
7 | Rs 22.20 lakh | |
8 | Rs 17.90 lakh | |
9 | Rs 17.82 lakh | |
10 | Rs 21.00 lakh | |
11 | Rs 21.01 lakh | |
12 | Rs 17.50 lakh | |
13 | Rs 17.00 lakh | |
14 | Rs 17.50 lakh | |
15 | Rs 18.85 lakh | |
16 | Rs 21.00 lakh | |
17 | Rs 22.71 lakh | |
18 | Rs 17.30 lakh | |
19 | Rs 18.90 lakh | |
20 | Rs 21.17 lakh | |
21 | Rs 21 lakh |
Apart from the flagship MBA programme, almost every IIM offers executive MBA or EMBA, designed mainly for working professionals. IIM executive MBA admission is granted on the basis of CAT or GMAT score. Check out the executive MBA fee structure of IIMs along with other details such as MBA entrance requirement and eligibility criteria etc.
IIM Campuses | Course name | Duration | IIM executive MBA fees |
IIM Ahmedabad | Post Graduate Programme in Management for Executives (PGPX) | 1 year | Rs 33 lakhs |
IIM Bangalore | Post Graduate Programme Enterprise Management (PGPEM) | 2 years | Rs 20.11 lakhs |
Executive Post Graduate Programme (EPGP) | 1 year | Rs 23.20 lakhs | |
IIM Calcutta | MBA Programme for Executives (MBAEx) | 1 year | Rs 31 lakhs |
IIM Lucknow | Post-Graduate Programme in Management for Working Executives (PGPWE) | 2 years | Rs 11.15 lakh |
International Programme in Management for Executives or IPMX | 1 year | Rs 26.25 lakh | |
IIM Indore | General Management Programme for Executives (GMPE) | 1 year | Rs 5.90 lakh |
Post Graduate Programme in Management for Working Executives (PGPMX) | 2 years | Rs 17.60 lakh | |
IIM Kozhikode | Executive Post Graduate Programme (EPGP) | 1 year | Rs 14 lakh |
IIM Trichy | Post Graduate Programme in Business Management (PGPBM) | 2 year | Rs 11.80 lakh |
IIM Ranchi | Post Graduate Executive Programme in Management (PGEXP) | 2 year | Rs 12.50 lakh |
IIM Raipur | Executive Post Graduate Programme in Management (ePGP) | 2 years | Rs 12.25 lakh |
IIM Udaipur | MBA in Global Supply Chain Management | 1 year | Rs 22.60 lakh |
IIM Rohtak | Post Graduate Programme in Management for Executives (ePGPx) | 1 year | Rs 7.15 lakh |
IIM Visakhapatnam | Post Graduate Programme for Experienced Professionals (PGPEx) | 1 year | Rs 10.80 lakh |
IIM Kashipur | Post Graduate Programme for Working Executives (MBAWx) | 2 year | Rs 12 lakh |
IIM Shillong | Post Graduate Programme for Working Executives (MBAWx) | 2 year | Rs 12 lakh |
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IIM admission to BBA+MBA courses is granted based on entrance exams such as IPMAT and JIPMAT. Check out the IIM BBA fees or IIM 5 year integrated course fees below.
IIMs | BBA Fees |
IIM Indore | Rs 30,00,000 |
IIM Rohtak | Rs 30,00,000 |
IIM Ranchi | Rs 15,93,000 |
IIM Bodh Gaya | Rs 28,00,000 |
IIM Jammu | Rs 28,06,000 |
*Note that the IIM BBA fees are subject to change and may vary depending on the IIMs regulations.
IIM fees are paid semester-wise like installments. MBA aspirants planning to study at IIMs can take educational loans. Banks visit the college campuses at the time of admission, assisting students interested in educational loans for MBA. The other way to fund your MBA at IIM can be a scholarship. IIMs offer merit-based or merit-cum-need based scholarships. A lot of IIMs also offer financial aid to students with severe financial difficulties arising from unforeseen circumstances.
Institute | MBA fees for 2 years | Loan tenure (Bottom 50%) |
IIM Ahmedabad | 20,52,000 | 81 |
IIM Bangalore | 21,00,000 | 75 |
IIM Kozhikode | 17,50,000 | 83 |
IIM Calcutta | 20,00,000 | 70 |
IIM Lucknow | 19,00,000 | 75 |
IIM Indore | 13,50,000 | 58 |
12,99,700 | 80 | |
IIM Rohtak | 17,06,500 | 139 |
IIM Udaipur | 16,02,000 | 109 |
IIM Kashipur | 12,42,000 | 92 |
IIM Tiruchirappalli | 16,50,000 | 111 |
IIM Ranchi | 16,00,000 | 125 |
IIM Shillong | 15,24,000 | 71 |
IIM Visakhapatnam | 14,33,250 | 113 |
IIM Jammu | 13,80,000 | 152 |
IIM Nagpur | 11,10,000 | 71 |
IIM Amritsar | 12,40,000 | 97 |
IIM Bodh Gaya | 10,50,000 | 99 |
IIM Sambalpur | 10,50,000 | 93 |
IIM Sirmaur | 10,34,000 | 90 |
*For 2021
Also Read | How to fund an MBA
Almost every public sector bank offers education loans for paying IIM MBA fees. Check out the details of MBA loans offered by top public sector banks below.
Bank offering IIM MBA education loan | Maximum amount of loan | Rate of interest (%) |
State Bank of India | 30 lakh | 8.05 to 10.15 |
Canara Bank | 40 lakh | 8.65 to 10.75 |
Punjab National Bank | 75 lakh | 8.35 to 10.95 |
Dena Bank | 15 lakh | 10 to 11.8 |
Punjab & Sind Bank | 10 lakh | 9.75 to 10.75 |
Central Bank of India | 40 lakh | 8.10 to 10.4 |
Union Bank of India | 30 lakh | 8.65 onwards |
Check out the education loan criteria of private banks.
Private Bank offering IIM MBA loan | Maximum loan amount | Rate of interest (%) |
HDFC | 45 lakh | 6.7 onwards |
IDBI Bank Limited | 15-20 lakh | 8.5 to 10.5 |
ICICI Bank | 50 lakh | 10.5 onwards |
Axis Bank | 75 lakh | 8.8 onwards |
Kotak Mahindra Bank | 10 lakh | 11.5 to 24 |
Majority of the IIMs report a 100% placement record every year and students pay hefty fees for studying there. If we look at the IIM placements stats of last year, the average IIM package offered at top 5 IIMs was Rs 30 to 35 lakh. However, the highest domestic IIM package was more than Rs 1 crore. Check out the table below to understand how much a candidate needs to pay to land in top 5 IIMs and what package they can get in the IIM placement drive.
S.No. | IIMs | IIM MBA Fees | IIM Placement Salary (Highest domestic salary offered) |
1 | Rs 24.61 lakh | Rs 1.15 CPA | |
2 | Rs 24.50 lakh | Rs 1.15 CPA | |
3 | Rs 31.00 lakh | Rs 1.15 CPA | |
4 | Rs 26.50 lakh | Rs 1.00 CPA | |
5 | Rs 21.17 lakh | Rs 1.14 CPA |
Also Read | MBA salary in India
At IIM Ahmedabad, the MBA program fee varies for single and married couples. Check out the details of IIM Ahmedabad MBA fees are as follows:
IIM Ahmedabad MBA Fees | ||
MBA Program Phase | Single Students | Married Couples |
First commitment | Rs 2,00,000 | Rs 2,00,000 |
Second commitment | Rs 12,00,000 | Rs 12,00,000 |
Balanced course fee | Rs 16,00,000 | Rs 18,00,000 |
Refundable amount | Rs 70,000 | Rs 35,000 |
IIM Bangalore will soon announce the PGP fee structure for the academic batch of 2024-26. Check out last year’s IIM Bangalore MBA fees.
IIM Bangalore 2 year MBA fees | Rs 24,50,000 |
Caution Deposit (General) | Rs 15,000 |
Caution Deposit (Hostel) | Rs 5,000 |
In addition to the above mentioned amounts, candidates will have to pay mess advance of Rs 30,000 each term.
IIM Calcutta MBA programme fee for the academic year 2024-25 is Rs 31,00,000/- for one year and it should be payable in four installments.
IIM Lucknow will soon announce the PGP fee structure for the academic batch of 2024-26. Check out last year’s IIM Lucknow MBA fees.
Particulars | Fees |
Term I | Rs. 445000 |
Term II | Rs. 325000 |
Term III | Rs. 325000 |
Term IV | Rs. 330000 |
Term V | Rs. 325000 |
Term VI | Rs. 325000 |
Total | Rs. 20,75,000 |
The total MBA fee for IIM Kozhikode MBA fees is Rs 20,50,000/-. Check term wise IIM Kozhikode MBA fees.
Term | First year (in Rs.) | Second year (in Rs.) |
I/IV | 4,25,000 | 4,25,000 |
II/V | 3,00,000 | 3,00,000 |
III/VI | 3,00,000 | 3,00,000 |
The total fee for IIM Raipur MBA programms is Rs 18,00,000. Here we have provided term wise IIM Kozhikode MBA fees for first and second year.
Particulars | Fees |
Term I | 3,52,000 |
Term II | 2,89,600 |
Term III | 2,89,600 |
Term IV | 2,89,600 |
Term V | 2,89,600 |
Term VI | 2,89,600 |
Total | 18,00,000 (Including caution deposit of Rs 30,000) |
The total fee for MBA programme of IIM Udaipur is Rs 21,20,000/-. At the time of IIM Udaipur offer acceptance, candidates will be required to pay Rs 100000 as an offer acceptance fee.
Particulars | Fees |
Term I | 3,26,700 |
Term II | 3,47,100 |
Term III | 3,76,000 |
Term IV | 3,47,100 |
Term V | 3,76,000 |
Term VI | 3,47,100 |
The total programme fee of the IIM Rohtak PGP is as under:
Particulars | PGP I (2024-25) | PGP II (2024-25) | ||||||
Term I | Term II | Term III | Total | Term IV | Term V | Term VI | Total | |
Total | 355000 | 270000 | 270000 | 895000 | 355000 | 270000 | 270000 | 895000 |
Fee structure for PGP 2024-26 for IIM Visakhapatnam is Rs 17,82,960/-.
Particulars | PGP I (2024-25) | PGP II (2024-25) | ||||||
Term I | Term II | Term III | Total | Term IV | Term V | Term VI | Total | |
Total | 2,87,160 | 2,87,160 | 2,87,160 | 8,91,480 | 2,87,160 | 2,87,160 | 2,87,160 | 8,91,480 |
For the academic batch of 2024-26, IIM Trichy will soon release fees structure. Last year the fee for PGPM Programme was Rs.19.5 Lakh (excluding Caution Deposit and Mess Advance). The term-wise fee details are as follows:
Term | Tuition fee | Mess advance | Caution deposit | Amount to be paid |
Term I | 3,25,000 | 20,000 | 30,000 | 3,75,000 |
Term II | 3,25,000 | 20,000 | - | 3,45,000 |
Term III | 3,25,000 | 20,000 | - | 3,45,000 |
Term IV | 3,25,000 | 20,000 | - | 3,45,000 |
Term V | 3,25,000 | 20,000 | - | 3,45,000 |
Term VI | 3,25,000 | 20,000 | - | 3,45,000 |
The Indian Institute of Management (IIM) Sambalpur released the MBA fee structure for the academic batch of 2024-26. Check out the IIM Sambalpur MBA fee structure.
Particulars | PGP I | PGP II | ||||||
Term I | Term II | Term III | Total | Term IV | Term V | Term VI | Total | |
Total | 416000 | 321000 | 321000 | 1058000 | 396000 | 321000 | 326000 | 1043000 |
The offer acceptance fee of Rs 50000 will be adjusted against the first installment, which will be refunded at the end of the programme.
The MBA fees for IIM Ranchi academic year 2024-26 is yet to be announced.
Particulars | PGP I | PGP II | |||||
Term I | Term II | Term III | Term IV | Term V | Term VI | Total | |
Total | 3,25,000 | 2,85,000 | 2,85,000 | 2,85,000 | 2,85,000 | 2,85,000 | 17,50,000 |
The total fee for IIM Bodh Gaya MBA programme is Rs 17,00,000. Check out term wise IIM BG MBA fees for the academic year of 2024-26.
Particulars | PGP I | PGP II | |||||
Term I | Term II | Term III | Term IV | Term V | Term VI | Total | |
Total | 2,94,000 | 2,78,000 | 2,78,000 | 2,84,000 | 2,78,000 | 2,88,000 | 17,00,000 |
IIM Sirmaur MBA fees for 2024-26 has announced.
Programme | Course fee |
Master of Business Administration (MBA) | Rs 17.50 lakh |
Mast of Business Administration (Tourism & Hospitality Management) | Rs 17.50 lakh |
The Indian Institute of Management (IIM) Jammu has released MBA fee structure for the academic batch of 2024-26. Check out term wise IIM Jammu MBA fees structure.
Particulars | PGP I | PGP II | ||||||
Term I | Term II | Term III | Total | Term IV | Term V | Term VI | Total | |
Total | 3,14,790 | 3,12,480 | 3,12,480 | 9,39,750 | 3,20,790 | 3,12,480 | 3,12,480 | 9,45,750 |
IIM Amritsar MBA fees have been announced for the batch 2024-26.
First year | Second year | ||
Term | Amount | Term | Amount |
I | 3,40,000 | IV | 3,40,000 |
II | 3,05,000 | V | 3,05,000 |
III | 3,05,000 | VI | 3,05,000 |
Total | 9,50,000 | Total | 9,50,000 |
IIM Shillong released the fee structure for PGP batch 2024-26. Based on the previous year’s IIM Shillong fees, IIM Shillong fees are around Rs. 22,00,000.
The Indian Institute of Management (IIM) Sirmaur has released MBA fee structure for the academic batch of 2024-26. Check out term wise IIM Kashipur MBA fees structure.
Particulars | PGP I | PGP II | |||||
Term I | Term II | Term III | Term IV | Term V | Term VI | Total | |
Total | 3,18,000 | 2,82,000 | 2,82,000 | 2,84,000 | 2,82,000 | 2,82,000 | 17,30,000 |
The total fee of the program for the batch of 2024-26 is Rs.18,90,000 excluding a refundable caution deposit of Rs 50,000.
IIM Indore will soon release MBA fee structure for the academic batch of 2024-26. Check out last year’s IIM Indore MBA fees structure.
Particulars | PGP I | PGP II | ||||||
Term I | Term II | Term III | Total | Term IV | Term V | Term VI | Total | |
Total | 4,03,679 | 3,53,000 | 3,48,000 | 11,04,679 | 3,35,679 | 3,35,000 | 3,41,800 | 10,12,479 |
IIM Mumbai MBA fees for the academic year 2024-26 ie yet to be announced. According to the latest announcement, IIM Mumbai will charge Rs. 21 lakhs for its MBA programs.
The fees at IIM for one year is high. As per the IIM fees structure, the fees of the MBA course range from Rs. 27 lakh (IIM Calcutta) to Rs. 13.07 lakh (IIM Sambalpur). The fees include expenses of the international immersion programme.
Yes, IIM is costly in comparison to other B-schools.
The government has no say in determining the IIM fees for any course. IIM fee structure and IIM seat intake are decided by respective IIM on the basis of certain factors.
IIMs are top management institutes in India that focus on high-quality education. Hence, the IIM college fee is high as compared to other B-Schools. The same goes with IIM Ahmedabad and its fees.
Yes, several nationalized banks offer education loans up to Rs. 10 lakh. Students can also apply for IIMs scholarship schemes.
Each IIM has its own fee structure for MBA 2024, but for IIM A, B & C, the fee is in the range of Rs. 14 to 16 lakh for a 2 year PGP flagship course.
Every IIM has its own fee structure for various MBA programmes. The fee does not vary based on the CAT percentile. So they have to shell out the same amount that IIMs charges for general quota students. The scholarship for OBC/ General is based on the student's financial ability, which will be assessed during the course.
Yes, the Government of India (GOI) financially aids IIMs, but they have no say in administrative decisions and the day-to-day functioning of the institutes. No, none can study IIM for free as there is no such provision of waiving the fee for any candidate.
Yes, there is a range of scholarship schemes offered by the institutes. IIM Ahmedabad has about 13 scholarship schemes for its students. They provide scholarships separately for;
IIM Bodh Gaya has the lowest fees for MBA. For last year's batch, it was Rs. 17 lakhs. The fees can be paid in installments and there are scholarships and loan assistance available.
IIM admission process 2024 for MBA programme includes;
Check IIM Admission Process details here
As far as IIM Kolkata is considered, it is counted among the best institutes for MBA.
General category students require 99+ CAT percentile for admission to old IIMs and 95+ CAT percentile for new IIMs. The CAT cutoff is much lower for reserved category students.
Yes, the CAT cutoff percentile for students of the SC/ST category students lower than the General category. Both the qualifying cut-off and final cut-off are lower for Reserved category candidates.
The Common Admission Test, is a computer based standardized test conducted in India. It is one of the most prestigious and competitive entrance exams for admission into postgraduate management programs, Including MBA, in various Indian Institutes of Management and other top business schools across the country.
To know more about CAT 2024 like exam date, eligibility, syllabus and more, click on the below link.
https://bschool.careers360.com/articles/cat-2024
Both GMAT and CAT exams are considered to be highly competitive. Therefore, it is difficult to measure which one is harder than the other as it depends on the individual strengths ,weaknesses, and personal preferences.
GMAT quant section is often considered to be easier, however, its verbal section is tougher for non-native English speakers. Whereas, CAT quant section is considered to be trickier in comparison to the verbal section. Therefore, students are advised to analyse both CAT and GMAT exam pattern carefully before opting for one.
Hello
Generally admissions are given based on your rank. So based on your overall percentile in JEE your rank could be between 56470 - 63480 approximately.
Unfortunately, Based on the marks you scored, it will be difficult to get admitted into NIT Trichy under OBC category. However there is also a second chance for you to attend for JEE, so I recommend you to take that chance and score better.
You can check the colleges you are eligible for using the below link.
https://engineering.careers360.com/jee-main-college-predictor?utm_source=qna&utm_medium=jee_cp
Hello Aspirant
Congratulations on your score, There are many good B schools at 80-85%ile in CAT and XAT
1)Great Lakes, Chennai
2)IRMA
3) Goa Institute of Management
4) NIBM
5) TAPMI
Do your research about these colleges as to what is their average package, the roles offered.
Colleges like NIBM specialize in Finance, and IRMA has a lot of sales marketing Roles. So ultimately the choice is yours which specialization you want to pursue.
Hello aspirant,
Here below are the names of the colleges that you can target:
Thank you
Hope it helps you.
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