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IIM Fees for MBA 2 years: Fee Structure for all IIMs

IIM Fees for MBA 2 years: Fee Structure for all IIMs

It is every MBA student’s dream to study at the Indian Institutes of Management. IIMs offer a vast range of career opportunities to aspirants who study there. The fee structure at any of the IIMs is one of the things that concern students when applying. A detailed explanation of the expenses covered by each IIM’s […]

 Eric James 10/10/2023

It is every MBA student's dream to study at the Indian Institutes of Management. IIMs offer a vast range of career opportunities to aspirants who study there. The fee structure at any of the IIMs is one of the things that concern students when applying. A detailed explanation of the expenses covered by each IIM's MBA fee structure is provided in the admission policy before the program begins.IIM Fees for MBA 2 years range from INR 10 lakh to INR 28 lakh every year and increase by 1 - 2% each year. For your benefit, we have gathered all the information about MBA courses, fees, and scholarships offered by IIMs. 

An IM MBA can cost between INR 16 lakh and INR 27 lakh. Ahmedabad, Bangalore and Calcutta have the highest MBA fees (between INR 24 lakhs and INR 27 lakhs), while Trichy and Sirmaur have MBA fees ranging between INR 16 lakhs and INR 19 lakhs. The old and new IIMs have different fee structures because the latter gets government funding for maintenance and other expenses, while the former does not.

If you intend to enroll in an MBA program at an IIM location, you should be aware of the program's costs and eligibility requirements. 

While the Indian Institutes of Management (IIMs) do provide scholarships and financial assistance, it is prudent to assess the compatibility of attending the IIMs with one's financial constraints prior to submitting an application. What are the potential options for lending?

IIM Fees for MBA 2 years: Components

The fee structure of the Indian Institute of Management (IIM) has many components that may be either included or exclusive of the overall cost structure. Due to the substantial amount, students are required to make semester-wise payments for the fees. Below, we provide a comprehensive list of all the components included under the pricing structure –

  • Alumni Charges
  • Course material
  • Hostel charges depend upon single occupancy or double occupancy
  • International Immersion (If applicable)
  • Internet facility
  • Laptop and computer
  • Library
  • Mess charges
  • Miscellaneous expenses
  • Personal expenses
  • Study Tours
  • Travel and boarding
  • Tuition fee

IIM Fees for MBA 2 years

The total IIM MBA fees of all the IIMs are mentioned in the table below:

S.no. IIM College NameTotal Fees (Approx)
1.IIM Ahmedabad FeesINR 24.61 Lakhs
2.IIM Bangalore FeesINR 24.50 Lakhs
3.IIM Calcutta FeesINR 27 Lakhs
4.IIM Kozhikode FeesINR 20.50 Lakhs
5.IIM Lucknow FeesINR 20.75 Lakhs
6.IIM Indore FeesINR 21.17 Lakhs
7.IIM Raipur FeesINR 15.92 Lakhs
8.IIM Ranchi FeesINR 17.20 Lakhs
9.IIM Rohtak FeesINR 17.90 Lakhs
10.IIM Kashipur FeesINR 17.30 Lakhs
11.IIM Trichy FeesINR 19.5 Lakhs
12.IIM Udaipur FeesINR 20.43 Lakhs
13.IIM Bodh Gaya FeesINR 17 Lakhs
14.IIM Nagpur FeesINR 18.90 Lakhs
15.IIM Sambalpur FeesINR 13.08 Lakhs
16.IIM Sirmaur FeesINR 16 Lakhs
17.IIM Visakhapatnam FeesINR 17.85 Lakhs
18.IIM Jammu FeesINR 17.15 Lakhs
19.IIM Amritsar FeesINR 17.30 Lakhs
20.IIM Shillong FeesINR 14.60 Lakhs
21.NITIE-IIM Mumbai FeesINR 14.63 lakhs

IIM Executive MBA Fees

The Indian Institutes of Management (IIMs) offer a 1- or 2-year Executive Master of Business Administration (MBA) degree to persons with at least 3-5 years of professional experience.

The following are the tuition prices for the Executive MBA programs provided by all Indian Institutes of Management (IIMs):

S.no.IIM College Executive Program Fee Structure (Approx)
1.IIM Ahmedabad Executive MBA FeesPGPXINR 31.5 Lakhs (Single Accommodation) INR 33.5 Lakhs (Married Student Housing)
2.IIM Bangalore Executive MBA FeesEPGPMINR 28.50 Lakhs ( Single Accommodation) INR 31.46 Lakhs (Family Accommodation)
3.IIM Calcutta Executive MBA FeesMBAExINR 31 Lakhs
4.IIM Kozhikode Executive MBA FeesEPGPINR 14.70 Lakhs
5.IIM Lucknow Executive MBA FeesIPMXINR 26.25 Lakhs
6.IIM Indore Executive MBA FeesEPGPINR 22.11 lakhs
7.IIM Raipur Executive MBA FeesEPGPINR 13.25 Lakhs
8.IIM Ranchi Executive MBA FeesEMBAINR 12.50 Lakhs
9.IIM Rohtak Executive MBA FeesPGPXINR 6.95 Lakhs
10.IIM Kashipur Executive MBA FeesEMBAINR 12 Lakhs
11.IIM Trichy Executive MBA FeesPGPBMINR 11.80 Lakhs
12.IIM Udaipur Executive MBA FeesPGDBAINR 10 Lakhs
13.IIM Nagpur Executive MBA FeesEMBAINR 9.50 Lakhs
14.IIM Sambalpur Executive MBA FeesEMBAINR 12 Lakhs
15.IIM Visakhapatnam Executive MBA FeesEMBAINR 10.80 Lakhs
16.IIM Jammu Executive MBA FeesEMBAINR 9.45 Lakhs
17.IIM Amritsar Executive MBA FeesEMBAINR 12 Lakhs
18.IIM Shillong Executive MBA FeesPGPExINR 20.4 Lakhs

IIM Distance MBA Fees

The Indian Institutes of Management (IIMs) do not provide a Master of Business Administration (MBA) program in a distant learning format. However, there are certain courses available online that applicants may enroll in and complete remotely, irrespective of their geographical location.

The Indian Institutes of Management (IIMs) provide a range of distance courses, including the following:

IIM InstituteDistance MBA Program Distance MBA Fees
IIM AhmedabadePost Graduate Programme (ePGP)INR 20 Lakhs
IIM LucknowWorking Managers Programme (WMP)INR 17.40 Lakhs
IIM IndoreGeneral Management Programme for Executives (GMPE)INR 5.90 Lakhs
IIM RaipurPGP in Management for Working Executives (PGPMWE)INR 15.19 Lakhs
IIM Ranchi Certificate Programme in General Management (CPGMM)INR 3 Lakhs

IIM Fees for MBA 2 years: IIM A, B, C MBA 2023-25 Fees

IIM Ahmedabad, IIM Bangalore, IIM Calcutta and other top IIM Campus wise Fee details for current two years are shared below:

IIM Fees for MBA 2 yearsFee 2022-24Fees 2023-25Fees 2024-26
IIM Ahmedabad Fees for MBA 2023Rs. 24.61 lakhsRs. 24.61 lakhsTo be announced
IIM Bangalore Fees for MBA 2023Rs. 23.20 lakhsRs. 24.70 lakhsTo be announced
IIM Calcutta Fees for MBA 2023Rs. 23.50 lakhsRs. 25.00 lakhsTo be announced
IIM Lucknow fees for MBA 2023Rs. 21.75 lakhsRs. 21.75 lakhsTo be announced
IIM Mumbai fees for MBA 2023--Rs.14.63 lakhsTo be announced
IIM Indore fees 2023 for MBARs. 21.17 lakhsRs. 21.17 lakhsTo be announced
IIM Kozhikode Fees 2023 for MBARs. 20.50 lakhsRs. 20.50 lakhsTo be announced

MBA Fees for IIMs consist of Tuition Fee, Hostel Fee, Alumni Fee & other Fee. Campus wise IIM Fee Details are as given below

IIM Ahmedabad MBA Fees

Apart from the tuition and other fees, IIM Ahmedabad Hostel accommodation fee structure is as below:

PhaseMarried Student Hostel (MSH)Single Accomodation
1st Commitment FeeRs. 2 LakhsRs. 2 Lakhs
2nd Commitment FeeRs.12 LakhsRs.12 Lakhs
Refundable Caution DepositRs. 70 ThousandRs. 35 Thousand

IIM Bangalore MBA Fees

Complete Fees structure for MBA at IIM Bangalore is as below:

Fee ComponentAmount
2 Year MBA FeesRs. 24.50 lakhs
Caution Deposit (General)Rs.15 thousand
Caution Deposit (Hostel)Rs. 5 thousand

IIM Calcutta MBA Fees

Total MBA fees at IIM Calcutta for 2 years is Rs.25+ lakhs. Detailed break up of IIM Calcutta MBA Fees will be placed below.

IIM Fees for MBA 2 years in IIM Calcutta is mentioned below:

Fee ComponentsIIM Calcutta MBA Fees
Commitment FeeINR 2 Lakhs
Security DepositINR 60K
Second InstallmentINR 10 Lakhs
Third InstallmentINR 10 Lakhs
Fourth Installment INR 9 Lakhs
IIM Calcutta MBA Fees (Total)INR 31 Lakhs

IIM Kozhikode Fees

IIM Kozhikode MBA costs are INR 20.50 lakhs for two years. Students may pay their IIM Kozhikode tuition in terms. The IIM Kozhikode MBA costs are INR 3 lakhs for all terms except term 1 and term 4, which are INR 4.25 lakhs. 

IIM Fees for MBA 2 years in IIM Kozhikode is mentioned below:

TermFirst YearSecond Year
I/ IVINR 4.25 LakhsINR 4.25 Lakhs
II/ VINR 3 LakhsINR 3 Lakhs
III/ VIINR 3 LakhsINR 3 Lakhs

IIM Lucknow Fees

IIM Lucknow MBA fees for 2 years is INR 20.75 lakhs. The IIM Lucknow MBA fees include the admission fee, tuition fees, infrastructure fees, refundable deposits, and alumni membership fees. 

IIM Fees for MBA 2 years in IIM Lucknow as follows:

IIM Lucknow MBA Fees (1st Year)
Fees & ExpensesTerm 1Term 2Term 3
Admission FeeINR 1,00,00000
Tuition FeeINR 2,10,000INR 2,10,000INR 2,10,000
Infrastructure FeeINR 1,15,000INR 1,15,000INR 1,15,000
Refundable DepositsINR 20,00000
Alumni Membership Fee000
Total FeeINR 4,45,000INR 3,25,000INR 3,25,000
IIM Lucknow MBA Fees (2nd Year)
Term 4Term 5Term 6
000
INR 2,10,000INR 2,10,000INR 2,10,000
INR 1,15,000INR 1,15,000INR 1,15,000
000
INR 5,00000
INR 3,30,000INR 3,25,000INR 3,25,000

IIM Indore Fees

IIM Indore MBA fee is around INR 21.17 lakhs for two years. The course cost, alumni fees, median insurance premium, caution deposit, and mess deposit are all included in the IIM Indore MBA expenses. The IIM Indore fees are payable in six payments, while the mess deposit is payable in three installments. In the latter two years of their degree, IIM Indore IPM prices are comparable to MBA tuition. 

IIM Fees for MBA 2 years in  IIM Indore is as follows:

IIM Indore MBA Fees (1st Year)
Fees & ExpensesInstallment 1Installment 2Installment 3
Course FeeINR 3,35,000INR 3,35,000INR 3,30,000
Alumni Fee---
Medical Insurance PremiumINR 711--
Refundable Caution DepositINR 50,000--
Mess DepositINR 18,000INR 18,000INR 18,000
TotalINR 4,03,711INR 3,53,000INR 3,48,000
IIM Indore MBA Fees (2nd Year)
Installment 4Installment 5Installment 6
INR 3,35,000INR 3,35,000INR 3,30,000
--INR 11,800
INR 711--
---
---
INR 3,35,711INR 3,35,000INR 3,41,000

IIM Indore Hostel Fees

IIM Indore's dormitory costs are INR 20K, with other charges such as books and course materials, library fees, Student Activity Council fees, and medical facility fees totaling roughly INR 15.5K. The students must pay a refundable hostel caution deposit at the time of enrollment. 

Fees/ChargesIIM Indore Hostel Fees
Hostel ChargesINR 20K
Refundable Caution DepositINR 5K
Miscellaneous FeesINR 15.5K
Grand Total INR 40.5K

IIM Raipur Fees 2023

The MBA fee at IIM Raipur is around INR 15.92 lakhs for a two-year program. Academic costs, accommodation expenses, medical insurance charges, student organization fees, alumni activities, and a caution deposit are all part of the IIM Raipur tuition. The caution deposit is refundable and payable at the time of registration. 

IIM Fees for MBA 2 years in IIM Raipur for the MBA program is as follows:

IIM Raipur MBA Fees (1st Year)
ExpensesTerm 1 Term 2Term 3
Academic FeesINR 2,49,150INR 2,29,350INR 2,28,800
Lodging ChargesINR 21,000INR 21,000INR 21,000
Medical Insurance ChargesINR 1,200--
Students Association FeesINR 6,000--
Alumni ActivitiesINR 10,000--
Caution Deposit INR 30,000--
Total INR 3,17,350INR 250,350INR 2,49,800
IIM Raipur MBA Fees (2nd Year)
Term 4Term 5Term 6
INR 2,50,470INR 2,30,670INR 2,30,120
INR 21,000INR 21,000INR 21,000
INR 1,200--
---
---
---
INR 2,72,670INR 2,51,670INR 2,51,120

IIM Ranchi Fees

IIM Ranchi MBA costs are INR 17.20 Lakhs for two years, except the caution deposit, alumni fee, and mess expenses. The acceptance fee of INR 1.10 lakhs should be paid upon accepting the offer, and the caution deposit of INR 20K should be paid just once while registering. 

IIM Fees for MBA 2 years in IIM Ranchi for the MBA program is as follows: 


Particulars
IIM Ranchi MBA Fees (1st Year)
Term 1Term 2Term 3
Acceptance FeeINR 1,10,000--
Tuition FeeINR 1,18,500INR 2,85,000INR 2,85,000
Caution DepositINR 20,000--
Alumni FeeINR 10,000--
Total INR 3,25,000INR 2,85,000INR 2,85,000
IIM Ranchi MBA Fees (2nd Year)
Term 4Term 5Term 6
---
INR 2,85,000INR 2,85,000INR 2,85,000
---
---
INR 2,85,000INR 2,85,000INR 2,85,000

IIM Rohtak Fees

IIM Rohtak MBA fees for 2 years is INR17.90 lakhs.

The term-wise IIM Rohtak fee structure is mentioned in the table below:

ParticularsIIM Rohtak MBA Fees (1st Year)IIM Rohtak MBA Fees (2nd Year)
Term 1Term 2Term 3Term 4Term 5Term 6
Total ChargesINR 3,55,000INR 2,70,000INR 2,70,000INR 3,55,000INR 2,70,000INR 2,70,000

In addition to the expenses listed above, students must pay mess fees, placement facility charges, alumni membership fees, and a caution deposit. The following are the extra charges not included in the IIM Rohtak fees:

Other ExpensesIIM Rohtak Fees (Additional charges)
Caution Deposit INR 10K
Alumni Membership feeINR 6.5K
Placement Facility ChargesINR 30K per year

IIM Kashipur Fees

IIM Kashipur fees for its 2-year MBA program is INR 17.28 lakhs. The IIM Kashipur fees include admission fees, course fees, and caution deposits. 

IIM Fees for MBA 2 years in IIM Kashipur is as follows:

IIM Kashipur MBA Fees (1st Year)
ParticularTerm 1Term 2Term 3
Admission FeesINR 25,000--
Course FeeINR 2,84,000INR 2,82,000INR 2,82,000
Caution Deposit INR 9,000--
Term-Wise FeesINR 3,18,000INR 2,82,000INR 2,82,000
Year-Wise FeesINR 8,82,000
IIM Kashipur MBA Fees (2nd Year)
Term 4Term 5Term 6
---
INR 2,82,000INR 2,82,000INR 2,82,000
---
INR 2,82,000INR 2,82,000INR 2,82,000
INR 8,46,000
Total MBA FeesINR 17,28,000

IIM Trichy Fees

The costs for IIM Trichy's 2-year PGPM program are INR 19.5 Lakhs, minus the caution deposit and mess advance. The IIM Trichy costs, including all expenses, will total INR 21 lakhs.

IIM Fees for MBA 2 years in IIM Trichy is mentioned in the table below:

IIM Trichy PGPM Fees (1st Year)
ParticularTerm 1Term 2Term 3
Tuition FeesINR 3,25,000INR 3,25,000INR 3,25,000
Mess AdvanceINR 20,000INR 20,000INR 20,000
Caution DepositINR 30,000--
Term-Wisel FeesINR 3,75,000INR 3,45,000INR 3,45,000
Year-Wise FeesINR 10,65,000
IIM Trichy PGPM Fees (2nd Year)
Term 4Term 5Term 6
INR 3,25,000INR 3,25,000INR 3,25,000
INR 20,000INR 20,000INR 20,000
---
INR 3,45,000INR 3,45,000INR 3,45,000
INR 10,35,000
Total MBA FeesINR 21,00,000

IIM Udaipur Fees

The total cost of the Master of Business Administration (MBA) program at the Indian Institute of Management Udaipur (IIM Udaipur) for a duration of two years amounts to INR 20.43 Lakhs. The pricing structure of IIM Udaipur encompasses many components such as entrance fees, tuition fees, housing charges, mess expenses, caution deposits, and alumni association fees. 

IIM Fees for MBA 2 years in IIM Udaipur for the MBA program is as follows:

IIM Udaipur MBA Fees (1st Year)
ParticularsTerm 1Term 2Term 3
Admission FeesINR 1,00,000--
Tuition FeeINR 2,40,000INR 3,20,000INR 3,20,000
Hostel ChargesINR 23,000INR 23,000INR 23,000
Mess ChargesINR 21,000INR 21,000INR 21,000
Caution DepositINR 20,000--
Alumni Association---
Term-Wise FeesINR 3,04,000INR 3,64,000INR 3,64,000
Year-Wise FeesINR 10,32,000
IIM Udaipur MBA Fees (2nd Year)
Term 4Term 5Term 6
---
INR 2,90,000INR 2,90,000INR 2,90,000
INR 24,000INR 24,000INR 24,000
INR 22,000INR 22,000INR 22,000
---
INR 3,000--
INR 3,39,000INR 3,36,000INR 3,36,000
INR 10,11,000
Total MBA FeesINR 20,43,000

IIM Bodh Gaya Fees

The two-year MBA program at IIM Bodh Gaya costs INR 17 lakhs. Tuition, hostel rent, academic charges, entrance costs, yearly registration fees, student activity fees, career development expenses, alumni activity fees, and convocation fees are all part of the IIM Bodh Gaya prices. IIM Bodh Gaya IPM fees will be comparable to the MBA program in the previous two years. 

IIM Fees for MBA 2 years in IIM Bodh Gaya for the 2-year MBA program is as follows:

Total MBA FeesINR 17,00,000
IIM Bodh Gaya MBA Fees (1st Year)IIM Bodh Gaya MBA Fees (2nd Year)
ParticularsTerm 1Term 2Term 3
Tuition FeesINR 1,60,000INR 1,60,000INR 1,60,000
Hostel RentINR 25,000INR 25,000INR 25,000
Academic ChargesINR 80,000INR 80,000INR 80,000
Admission FeesINR 15,000--
Annual Registration FeesINR 6,000---
Student Activity Fee-INR 5,000INR 5,000
Career Development FeeINR 8,000INR 8,000INR 8,000
Alumni Activity Fee---
Convocation Fees---
Term-Wise FeesINR 2,94,000INR 2,78,000INR 2,78,000
Year-Wise FeesINR 8,50,000
IIM Bodh Gaya MBA Fees (2nd Year)
Term 4Term 5Term 6
INR 1,60,000INR 1,60,000INR 1,60,000
INR 25,000INR 25,000INR 25,000
INR 80,000INR 80,000INR 80,000
---
INR 6,000--
INR 5,000INR 5,000-
INR 8,000INR 8,000INR 8,000
--INR 5,000
--INR 10,000
INR 2,84,000INR 2,78,000INR 2,88,000
INR 8,50,000
Total MBA FeesINR 17,00,000

IIM Nagpur Fees

IIM Nagpur MBA costs are INR 18.90 Lakhs for two years, minus the caution deposit. The caution deposit is INR 50K and is due at the time of registration.

The fee structure at IIM Nagpur is as follows:

IIM Nagpur MBA FeesINR 18.90 Lakhs
Caution Deposit INR 50K

IIM Sambalpur Fees

The two-year MBA program at IIM Sambalpur costs INR 11.80 lakhs. Tuition, accommodation fees, and other academic costs are all included in the IIM Sambalpur prices. The caution deposit is paid just once throughout the registration process. Every term, the mess deposit must be paid. The total price for IIM Sambalpur, including all expenses, would be INR 13.08 Lakhs. 

IIM Fees for MBA 2 years in IIM Sambalpur is as follows:

IIM Sambalpur MBA Fees (1st Year)
ParticularsInstallment 1Installment 2Installment 3
Tuition FeesINR 1,75,000INR 1,75,000INR 1,75,000
Hostel ChargesINR 20,000INR 20,000INR 25,000
Mess DepositINR 18,900INR 18,900INR 18,900
Caution DepositINR 15,000--
Total INR 2,28,900INR 2,13,900INR 2,18,900
IIM Sambalpur MBA Fees (2nd Year)
Installment 4Installment 5Installment 6
INR 1,75,000INR 1,75,000INR 1,75,000
INR 20,000INR 20,000INR 25,000
INR 18,900INR 18,900INR 18,900
---
INR 2,13,900INR 2,13,900INR 2,18,900

IIM Sirmaur Fees 

The two-year MBA program at IIM Sirmaur costs INR 16 lakhs. The entrance price, tuition cost, dorm expenses, alumni membership fees, and mediclaim are all included in the IIM Sirmaur fees. Students must also pay a one-time caution deposit of INR 20,000 towards the mess, computer lab, and library. The caution deposit is not included in the IIM Sirmaur tuition since it must be paid solely at the time of enrollment.

IIM Fees for MBA 2 years in IIM Sirmaur Is as follows:


Particulars
IIM Sirmaur MBA Fees (1st Year)
Term 1Term 2Term 3
Admission FeeINR 60,00000
Tuition FeeINR 2,25,000INR 2,25,000INR 2,25,000
Hostel ChargesINR 30,000INR 30,000INR 30,000
Alumni Membership FeeINR 3,00000
MediclaimINR 2,00000
Term Wise FeeINR 3,20,000INR 2,55,000INR 2,55,000
Year-Wise FeeINR 8,30,000
IIM Sirmaur MBA Fees (2nd Year)
Term 4Term 5Term 6
000
INR 2,25,000INR 2,25,000INR 2,25,000
INR 30,000INR 30,000INR 30,000
INR 3,00000
000
INR 2,60,000INR 2,55,000INR 2,55,000
INR 7,70,000
IIM Sirmaur MBA Fees (Total)INR 16,00,000

IIM Visakhapatnam Fees

IIM Visakhapatnam MBA fees for 2 years is INR 17.85 Lakhs. IIM Vizag fees include the program fee, mess & other expenses, students welfare fund, alumni fees, convocation fees, and the caution deposit. 

The IIM vizag fee structure for the MBA program is as follows:


Particulars
IIM Visakhapatnam MBA Fees (1st Year)
Term 1Term 2Term 3
Program FeesINR 2,68,375INR 2,68,375INR 2,68,375
Advance for mess and other chargesINR 25,000INR 25,000INR 25,000
Students Welfare FundINR 2,000--
Alumni FeesINR 2,000--
Convocation FeesINR 1,000--
Caution Deposit INR 20,000--
Term-Wise Total FeesINR 3,18,375INR 2,93,375INR 2,93,375
Year-Wise FeesINR 9,05,125
IIM Visakhapatnam MBA Fees (2nd Year)
Term 4Term 5Term 6
INR 2,68,375INR 2,68,375INR 2,68,375
INR 25,000INR 25,000INR 25,000
---
---
---
---
INR 2,93,375INR 2,93,375INR 2,93,375
INR 8,80,125
IIM Visakhapatnam MBA Fees (Total)INR 17,85,250

IIM Jammu Fees

INR 17.15 Lakhs is the two-year MBA tuition at IIM Jammu. Tuition and other academic and non-academic costs are included in the IIM Jammu fees. Academic support, library fees, dormitory costs, IT infrastructure, student welfare, alumni fees, health insurance, and other non-academic charges are common. In the last two years of the program, IIM Jammu IPM costs will be comparable to MBA fees. 

IIM Fees for MBA 2 years in IIM Jammu is mentioned below:


Particulars
IIM Jammu MBA Fees (1st Year)
Term 1Term 2Term 3
Tuition FeeINR 1,75,000INR 1,75,000INR 1,75,000
Other Academic/ Non Academic ExpensesINR 1,11,300INR 1,09,100INR 1,09,100
Term Wise Total feesINR 2,86,300INR 2,84,100INR 2,84,100
Year-Wise FeesINR 8,54,500
IIM Jammu MBA Fees (2nd Year)
Term 4Term 5Term 6
INR 1,75,000INR 1,75,000INR 1,75,000
INR 1,17,300INR 1,09,100INR 1,09,100
INR 2,92,300INR 2,84,100INR 2,84,100
INR 8,60,500
IIM Jammu MBA Fees (Total)INR 17,15,000

In addition to the total costs listed above, students must pay a caution deposit of INR 20,000 at the time of acceptance. The acceptance fee of INR 50,000 paid by students after accepting their admission offer will be deducted from their first term costs. Actuals should be paid for the mess bills. 

IIM Amritsar Fees

The total cost of pursuing a Master of Business Administration (MBA) program at IIM Amritsar for a duration of two years amounts to INR 17.30 Lakhs. The pricing structure of IIM Amritsar has many components, such as tuition fees, academic support fees, charges for dormitory accommodation and power, as well as payments for student activities and health services. The prices for mess services are not included within the standard rates and need monthly payments based on actual use.

IIM Fees for MBA 2 years (IIM Amritsar) fees for MBA are mentioned in detail in the table below:

ParticularsIIM Amritsar MBA Fees (1st Year)IIM Amritsar MBA Fees (2nd Year)
Tuition INR 6,25,000INR 6,25,000
Academic SupportINR 1,85,000INR 1,85,000
Hostel & ElectricityINR 40,000INR 40,000
Student Activity & HealthINR 15,000INR 15,000
Total (year-wise)INR 8,65,000INR 8,65,000
IIM Amritsar MBA Fees (Grand Total)INR 17,30,000

IIM Shillong Fees

IIM Shillong MBA fees for 2 years is INR 14.60 Lakhs. The IIM Shillong fees include tuition fees, hostel charges, and other academic/ non-academic expenses. The 2023 detailed fees of IIM Shillong is not yet released by the institute. 

IIM Shillong MBA FeesINR 14.60 Lakhs

Frequently Asked Questions about IIM Fees for MBA 2 years: Fee Structure for all IIMs

Q. Why are the IIM Fees for MBA 2 years so high?

Ans. The Indian Institutes of Management (IIMs) operate without government funding, necessitating the institutions to bear the financial burden of their operational expenditures and expenses, including the provision of high-quality facilities for its students.

Q. Which of the IIMs has the lowest fees? 

Ans. IIM Fees for MBA 2 years in the IIM Amritsar and IIM Visakhapatnam are known for having the most affordable fee structures among the several IIMs. The list of Indian Institutes of Management (IIMs) and their corresponding fee structures may be seen above.

Q. Do IIM fees include a hostel?

Ans. Hostel costs are often included in IIM Fees for MBA 2 years, but you should still confirm this with the particular campus where you want to apply. To verify it, all you have to do is visit their website.

Q. Can I get a free education at IIM?

Ans. No, you will be responsible for a portion of the costs. Making an application for a scholarship or obtaining an education loan might help you pay for your studies. We think it will aid you in comprehending the IIMs' pricing schedule. To learn more about scholarships, student loans, and other management courses on Formfees, get in touch with us.

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