IIM Ahmedabad Fees for MBA

IIM Ahmedabad Fees for 2 years 

Let me tell you all that, getting into IIMs is itself one of the biggest achievements a student can achieve, and this comes with months of studying and passion. Also, if any of the candidates get admission in IIM Ahmedabad then it's a great privilege for them. But before taking admission every student's first priority is to know about the IIM Ahmedabad Fees for 2 years. Below is the list of  IIM Ahmedabad Fees for 2 years or you may say the list of the IIM Ahmedabad Fee Structure for the MBA 2024-26 batch: 

IIM Ahmedabad Fees for 2024-26 batch	Fees (in INR)
Other Expenses	30,00,000 (approx)
Tuition Fees	18,19,000
Application Fees	2,400

The total IIM Ahmedabad Fees for 2 years for the PGP courses offered range between INR 10 lakh to INR 30 lakh and we all know that IIM Ahmedabad is the most expensive among all the IIMs. The MBA course fee of IIM Ahmedabad is approximately INR 30 lakh which includes INR 18,19,000 Tuition fee + GST and also there are some other expenses like boarding, laundry, laptops, clothes, and personal expenses. Let me also provide the other fee details of IIM Ahmedabad in the below table:

Fees	Details
IIM Ahmedabad ePGP Fees	INR 17,42,500
IIM Ahmedabad PGP FAMB Fees	INR 15,80,000
IIM Ahmedabad PGPEX Fees	INR 24,00,000

Single Accommodation	Single Accommodation	Married Student Hostel (MSH)
1st Commitment Fee	Rs. 2 Lakhs	Rs. 2 Lakhs
2nd Commitment Fee	Rs.12 Lakhs	Rs.12 Lakhs
Refundable Caution Deposit	Rs. 35 Thousand	Rs. 70 Thousand

About IIM Ahmedabad

The Indian Institute of Management, Ahmedabad which is popularly known as IIMA is the number 1 IIM in India. It was founded in 1961, in Gujrat and is the second oldest IIM in India. The best about this college is that it ranks consistently as India's best business school by the National Institutional Ranking Framework in 2023.

 This college is also known for providing the best management education in practical and theoretical. The students who want to take admission to this college have to appear for the CAT exam for domestic applicants and the GMAT for overseas Indian applicants or foreign nationals. And the candidates who got selected must face an analytical writing test and personal interview. So this was the short summarization of IIM Ahmedabad or for more details, you may contact formfees for the admission process and the rest. 

Quick Question

Q. What are the IIM Ahmedabad fees for 2 years?

Ans. As per the official website the  IIM Ahmedabad fees for PGP courses offered at IIMs is between INR 10 lakh to INR 22 lakh, with IIM Ahmedabad being the most expensive among all, IIM Ahmedabad fee is INR 23 lakh. 

Studying at the top IIM in India can surely be challenging but in the end it's all worth it as it opens a world full of opportunities. When applying to any IIM, the fee structure is one issue that worries students. Before the start of the programme, each IIM typically announces its fee structure in the admissions policy and lists the costs it will cover for the IIM MBA programme. The IIMs raise their tuition by 1% to 2% a year, with annual increases ranging from 10 to 28 lakhs.

Formfees have included all the information regarding the IIM Ahmedabad fees for 2 years, tuition, and scholarships offered by IIMs below. Continue reading to find out more information about the IIM Ahmedabad fees.

IIM Ahmedabad Fee MBA (2021-23 batch)

Below you can see the fees following the application fees and other important IIM Ahmedabad Fee MBA. Check out the table below for IIM Ahmedabad's 2021-23 fee structure.

IIM Ahmedabad Fees are as follows	Fees (in INR)
IIM Ahmedabad Application Fees	2,200
IIM Ahmedabad Fee Structure	16,99,000
IIM Ahmedabad Other Expenses	5,50,000 (approx)
IIM Ahmedabad Registration Fees	42,500 (approx)

Additional information is given below in the article

IIM Ahmedabad Fees for MBA

IIM Ahmedabad is India’s best business school, having been ranked first in the NIRF-rated Top MBA Colleges in India two years in a row. The PGP (equivalent to MBA) is the most popular programme at IIM Ahmedabad, followed by the one-year MBA programme known as MBA PGPX. Aside from that, IIMA offers a PhD in Advanced Business Analytics and an ePGD in Advanced Business Analytics. The graduation score was removed from the final selection criteria in IIM Ahmedabad MBA Admission 2022.

IIM Ahmedabad recently completed its 2022 Placements drive, which was conducted in three clusters and resulted in all students being placed across 20 cohorts. 190 firms distributed a total of 220 MBA offers. Boston Consulting Group made the most offers (47), followed by Accenture (32). 46 students were placed in companies such as BCG, Nomura, Arthur D. Little, Ola, Accenture, Samsung Electronics, CK Birla Group, American Express, Avendus, Bain & Co, Citi, Credit Suisse, Goldman Sachs, and others for the PGP FABM.

Along with the transition to awarding MBA degrees rather than diplomas, IIM Ahmedabad decided to increase its fee structure even further. On the occasion of Convocation 2019, IIM Ahmedabad also announced an increase in its two-year IIM Ahmedabad MBA fees to Rs.23 lakhs for the 2019-21 batch, up from Rs.22 lakhs previously.

For the third year in a row, the Indian Institute of Management, Ahmedabad has announced an increase in the fee for its PGDM programmes. The IIM Ahmedabad MBA fees were raised to Rs.22 lakhs in 2018, and then to Rs.23 lakhs beginning with the 2019-20 academic year.

Despite the fact that IIMs provide loan facilities, the increased IIM fee structure in recent years has made candidates reconsider applying for MBA admission to these colleges. Aside from the IIM fees for MBA through CAT and its structure, the number of seats at IIMs has gradually increased. Let us look into the fundamentals of IIM fees 2022 and the seats they offer.

Fee Structure and Seats at IIM 2022

CAT toppers who are shortlisted by more established IIMs such as IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Kozhikode, and IIM Indore can expect a decent ROI (Return on Investment). However, it may not be comparable to the newer IIMs.

IIM MBA Fees 2022: Any candidate interested in pursuing management education at one of India's top IIMs considers two factors: IIM fees and IIM seats. Following the passage of the IIM Act in 2017, IIMs gained autonomy over fee regulations and seat intake. Around half of the MBA fee at IIMs was raised in mid-2022. The IIMs that have seen significant fee increases include both old (Lucknow, Calcutta, and Bangalore) and new IIMs (Jammu, Tiruchirappalli, Sirmaur, Nagpur, Udaipur, Rohtak).

Particulars	Fees
Tuition Fee	Rs 16,99,000
Other Charges	Rs 5,01,000
Total	Rs 23,00,000

IIM MBA tuition includes room and board as well as other expenses. The following expenses are included in the IIM fees for MBA through CAT 2022:

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

IIM Ahmedabad MBA Fees in the past few years-

PGP Batch	Programme Fee (Rs.in Lakhs)
2015-17	18.5
2016-18	19.5
2017-19	21
2018-20	22
2019-21	23

IIM Ahmedabad fees scholarship

IIM Ahmedabad is ranked 1 by NIRF 2020 for its Management course. The institute maintains its legacy in every aspect, be it academics, infrastructure, sports, placements, etc. IIM Ahmedabad also offers support in terms of financial assistance to the students. The scholarships at IIMA are offered by the Alumni, Govt. of India, Industries, and Corporations. 

Scholarships offered by IIM Ahmedabad

IIMA Special Need-Based Scholarships: All PGP students with a gross annual income below 15,00,000 can apply for this scholarship. The student is given to the student who is most in need of financial assistance based on the financial status of the family.

SC/ST Scholarships: All PGP students belonging to the SC/ST category are given INR 150 per month for up to 10 months. 

IIMA Exit Scholarships: The Institute provides three kinds of Scholarships under this:

Students going for Entrepreneurship: Two students of each batch who have dropped out of placements and go for business setups are awarded INR 30,000 per month for at most 3 consecutive years.

Students joining Not for Profit organisation: An assistance of an amount ranging from INR 3 to 4 Lakhs for 3 consecutive years to at the most help them in repaying bank loans they took to pay IIMA fees is given to two students from each batch who join non profit organisation.

Students pursuing doctoral degrees: An assistance of an amount ranging from INR 3 to 4 Lakhs for 3 consecutive years who will pursue further studies. 

Scholarships offered by the Government of India

SC/ST Scholarships: This is a merit-cum-means scholarship awarded to the meritorious students of SC/ST category whose family income is less than 4,50,000 p.a. 

Minority Welfare Scholarship: This is a merit-cum-means scholarship awarded by the Ministry of Minority Affairs to the meritorious students of the minority category whose family income is less than 2,50,000 p.a. 

Scholarships for Students with Disabilities: This is a merit-cum-means scholarship awarded to the DA/PWD meritorious students whose family income is less than 6,00,000 p.a. 

Scholarships offered by Alumni

PGP Alumni Endowment Funds: The fund is used for the students who have applied for the Special Need-Based Scholarship and give consent to contribute to this endowment fund after passing out from the institute will be the assistance of around INR 2,00,000 to INR 3,00,000. 

Class of PGP 2001, Peri Viswanath Scholarship: The batchmates of Mr. Peri Viswanath who died in a car accident gives a merit-cum-means based scholarship of INR 2,00,000 in the memory of their friend to a student of PGP. It is expected that the selected student would in the future contribute to this scholarship fund. 

Shri GC Mital Entrepreneurship Aid: A student pursuing PGP and wanting to start his own venture is awarded INR 2,00,000 every year. The amount is given to the selected student on the day of convocation. 

Smt. J Nagamma Memorial Award: An award of INR 15,000 is awarded to a student on the basis of his academic performance in the first year. 

Scholarships offered by Industries/Corporations

Aditya Birla Group Scholarships: The scholarship of INR 175,000 per student per year is awarded by the Aditya Birla Group to three meritorious students of PGP. 

Dunia Scholarships for scholastic excellence: Two scholarships each to PGP-I and PGP-II of INR 1,00,000 are awarded by Dunia Finance LLC, Dubai, UAE. 

OP Jindal Engineering and Management Scholarship: An amount of INR 1,50,000 is awarded to the PGP students by OP Jindal Group on the basis of academic performance, online test and personal interviews. tests

T. Thomas Scholarship: A merit-cum-means based scholarship worth INR 1,00,000 is awarded by Hindustan Unilever Ltd. to a second-year student.

General Conditions for the Award of all Scholarships/Financial Aid

• Students will not be eligible for any scholarship or financial aid if he has violated any norms or is guilty of any misconduct. 
• The Aid Committee may allot some scores or grades for the students for their eligibility for scholarships.
• A student can accept more than one scholarship if there is no objection from sponsors.
• A student is required to inform the Admission Office immediately if he receives any financial aid from outside the institute. 
• The decision of the Financial Aid and Awards Committee will be final in case of any discrepancy or confusion.

How to Apply?

• The students shall apply on the official website www.scholarships.gov.in or https://www.iima.ac.in/ respectively for the scholarships offered by the Government or the Institute. 
• Fill in the application form and attach the following documents along with the application form-
• Scanned copy of passport size color photograph along with digital signature
• The scanned copies of the original certificates and documents required in the particular scholarship. 
• Upload the digital copy of the signature and submit the form along with all the required details. 
• Note the temporary/permanent ID after applying for future reference.

What is the average package in IIM?

The average salary package offered to candidates from top IIMs range from INR 20-25 lakh per annum, while salary packages of newer IIMs fall between INR 10-20 lakh per annum. The highest salary offer at the top IIMs – A,B,C has seen INR 70 lakh to INR 1 crore being offered as CTC.

IIM Ahmedabad Average Package

Rs 26.13 LPA

As per the 2021 final placement report of IIM Ahmedabad, the highest salary offered was Rs 55.88 lakh per annum and the International salary was Rs 1.32 crore per annum.

Median CTC	Rs 25 LPA
Average CTC	Rs 26.13 LPA
Highest International Package	Rs.1.32 Cr PA
Average CTC of top 10% students	Rs 32.90 LPA

IIM Ahmedabad Placements 2022: Highlights

The key highlights of IIMA Ahmedabad placements 2022 for Cluster 1 are presented below:

Particulars	Statistics (2022 – Cluster 1)
Top recruiters	BCG and Accenture Strategy
No. of offers	BCG (47) and Accenture Strategy (32)
Top recruiting domain	Consulting
Major recruiters	PwC, Goldman Sachs, Standard Chartered, American Express, Bain and Co.

IIM Ahmedabad placements 2022: What’s new? On February 14, 2022, IIM Ahmedabad Cluster 3 Placements 2022 ended. According to media reports, all 400 students who participated in Cluster 1, 2 and 3 placement drives in 2022 have been placed. In the Cluster 2 IIM Ahmedabad placements 2022, Tata Administrative Services (TAS) made the most offers. In addition, Emaar made the most offers from abroad. During IIM Ahmedabad Cluster 2 placements 2022, consumer goods and durables emerged as the leading recruiter sector. Cluster 2 consisted of six cohorts: Consumer Goods and Durables, Advertising and Media, Conglomerates, Retail, Pharma and Healthcare, and Consumer Services.

Coca-Cola, Asian Paints, ITC, Nestle, and Wipro were some of the top recruiters at IIM Ahmedabad in Cluster 2 placements 2022. The IIM Ahmedabad Cluster 3 placements for 2022 will be held on February 14, 2022.

On February 8, IIM Ahmedabad placements for Cluster 1 were concluded. Top recruiters during Cluster 1 IIM Ahmedabad placements 2022 were BCG (Boston Consulting Group) and Accenture. Day 1 of IIM Ahmedabad placements 2022 saw 47 and 32 offers from BCG and Accenture Strategy, respectively. Cluster 1 placements 2022 at IIM Ahmedabad included companies from four cohorts – Invest Banking and Markets, Management Consulting, Venture Capital & Asset Management, and Advisory Consulting and Private Equity.

IIM Fees for MBA

The IIM fees for the MBA/PGP program are listed below. The price listed here is for a full-time MBA/PGP (2-year) course fee. IIM fees may rise in the coming academic year.

IIM campus	IIM Fees
IIM Ahmedabad	Rs 23.00 lakh
IIM Bangalore	Rs. 24,50,000
IIM Calcutta	Rs 23.00 lakh
IIM Kozhikode	Rs 19.00 lakh
IIM Lucknow	Rs 19.00 lakh
IIM Udaipur	Rs 17.05 lakh
IIM Raipur	Rs 15. 49 lakh (excluding boarding charges)
IIM Visakhapatnam	Rs 16.79 lakh (excluding fees for international immersion programme)
IIM Rohtak	Rs 16.65 lakh
IIM Sambalpur	Rs 12.63 lakh
IIM Trichy	Rs 11.90 lakh
IIM Ranchi	Rs 15.30 lakh
IIM Sirmaur	Rs 11.75 lakh (excluding fees for international immersion programme)
IIM Bodhgaya	Rs 15.50 lakh
IIM Jammu	Rs 15.56 lakh
IIM Amritsar	Rs 16.00 lakh
IIM Kashipur	Rs 15.42 lakh
IIM Shillong	Rs 14.60 lakh
IIM Indore	Rs 17.07 lakh
IIM Nagpur	Rs 18.00 lakh

Frequently Asked Questions about IIM Ahmedabad Fees for MBA

Q. What is the total fees of MBA in IIM Ahmedabad?

Ans. IIM Fees for MBA range between INR 23 Lakhs to INR 27 Lakhs in the top 3 IIMs such as IIM Bangalore, IIM Ahmedabad and IIM Calcutta. IIM Fes for MBA in other IIMs in India range between 10 Lakhs and 20 Lakhs. The fees of IIM Ahmedabad are INR 23,00,000 for the PGPM Program and INR 30,00,000 for the PGPX Program.

Q. Why is fee high in IIM? Why IIM Ahmedabad fees is so high?

Ans. 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.

Q. Which IIM has lowest fees for MBA?

Ans. IIM Sirmaur has the lowest MBA fees. It's current fees is INR 13.75 lakh. The IIM Sirmaur fees for MBA can be paid in instalments and there are scholarships and loan assistance available. 

Q. What is the annual fee of IIM Ahmedabad?

Ans. Along with the beginning of awarding the MBA degree in place of diplomas, IIM Ahmedabad has decided to increase its fee structure further. On the occasion of Convocation 2019, IIM Ahmedabad has also announced to increase its 2 year programme fee to Rs. 23 lakhs for the 2019-21 batch from earlier Rs. 22 lakhs.

Q. What are the IIM fees for OBC?

Ans. 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.

Q. Which IIM has the highest package?

Ans. IIM Ahmedabad Placement Highlights

Highest domestic salary offered	Rs 55.88 LPA
Highest international package offered	Rs 1.32 CPA
Average international package offered	Rs 61.76 LPA
Number of participating institutes	153
Top recruiting sector	Consulting

Q. Is there any scholarship scheme available at IIMs?

Ans. 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 scholarship for meritorious students
• IIM scholarship for OBC
• IIM scholarship for SC/ ST
• IIM scholarship for EWS 
• IIM scholarship for general category

Q. What is the salary of IIM student?

Ans. The average salary package offered to candidates in top IIMs range from INR 20-25 lakh per annum, whereas the salary packages of the newer IIMs fall between INR 10-20 lakh per annum. The highest salary offers at the top IIMs - A,B,C have been recorded at INR 70 lakh to INR 1 crore as CTC.

Q. How is the placement of IIM Ahmedabad?

Ans. IIM Ahmedabad final placements report 2022 out.

IIM Ahmedabad Placements 2021: Sector-wise Average Salary Offers.

Sector	Number of Offers	Average Salary
Consulting	138	Rs 22.55 LPA
Consumer goods (FMCG)	43	Rs 18.93 LPA
Consumer Services	3	Rs 24.00 LPA
Engineering Technology	11	Rs 22.88 LPA

Q. What is the lowest package in IIM Ahmedabad?

Ans. INR 11 lakh per annum

Lowest Salaries Offered

Institute	Year	Lowest salary package (maximum earning potential)
IIM Ahmedabad	2021	INR 11 lakh per annum
IIM Udaipur	2015	INR 7 lakh per annum
IIM Rohtak	2016	INR 6 lakh per annum
SPJIMR, Mumbai	2021	INR 15 lakh per annum