IIM Fees for MBA: Complete Fee Structure

IIM’s or the Indian Institutes of Management are every MBA student’s dream. Studying at the top IIMs is sure to open a huge world of opportunities for the aspirants. One thing that concerns students while applying to any of the IIMs is the fee structure they have. Each IIM generally releases their fee structure in admission policy before the commencement of the program and mentions the expenses they cover in their IIM MBA fee structure. The IIM’s increase their fees by 1 – 2% every year and it ranges between 10 – 28 lacks for the year 2021. So we have brought all the information about the MBA courses, fee structure and the scholarships of IIMs for your benefit here. Read ahead to know more about the fees of MBA at the IIM’s.

IIM Fees for MBA: Components

The fees structure of IIM has various components which are included or not included in their fee structure. Since the fee is quite big the students are supposed to pay the fees per semester. We have provided the list of all the components included in the fee structure below –

Alumni Charges
Course material
Hostel charges depending 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

The fee structure is given below according to the various campuses of IIM –

Serial no.	Indian Institute of Management	Approx. program fees
1	IIM Ahmedabad	Rs 28,00,000
2	IIM Amritsar	Rs. 10,50,000
3	IIM Bangalore	Rs. 23,00,000
4	IIM Bodh Gaya	Rs 10,60,000
5	IIM Calcutta	Rs. 27,00,000
6	IIM Indore	Rs. 16,00,000
7	IIM Jammu	Rs. 13,80,000
8	IIM Kashipur	Rs. 15,42,000
9	IIM Kozhikode	Rs. 17,50,000
10	IIM Lucknow	Rs. 19,25,000
11	IIM Nagpur	Rs 13,75,000
12	IIM Raipur	Rs. 14,20,400
13	IIM Ranchi	Rs. 15,30,000
14	IIM Rohtak	Rs. 15,20,000
15	IIM Sambalpur	Rs. 13,03,000
16	IIM Shillong	Rs.14,60,000
17	IIM Sirmaur	Rs 11,75,000
18	IIM Trichy	Rs. 14,00,000
19	IIM Udaipur	Rs. 13,00,000
20	IIM Visakhapatnam	Rs 10,50,000

IIM Fees for MBA: Executive Courses

The fee structure is given below according to the various campuses of IIM for their Executive courses–

Executive MBA programme	Course Fee (approx.)
IIM Ahmedabad – PGPX	Rs 25,00,000
IIM Bangalore – EPGP	Rs 25,89,000
IIM Calcutta – MBAEx	Rs 27,00,000
IIM Indore – EPGP	Rs 20,00,000
IIM Lucknow – IPMX	Rs 23,50,000
IIM Kozhikode-PGP BL	Rs 22,50,000

IIM Fees for MBA: Courses

The list of management courses offered by IIMs are given below –

IIM Ahmedabad

Post Graduate Program in Management (PGP)
Fellow Program in Management (FPM)
Executive Post Graduate Program in Management (EPGP) OR Post Graduate Program in Management for Executives (PGPX)
Armed Forces Program in Business Management (AFP)
ePost Graduate Program (ePGP)
Post Graduate Program in Food and Agri-business Management (PGP- FABM)
Faculty Development Program (FDP)

IIM Bangalore

Post Graduate Program in Management (PGP)
Fellow Program in Management (FPM)
Executive Post Graduate Program in Management (EPGP) OR Post Graduate Program in Management for Executives (PGPX)
Post- Graduate Program in Public Policy and Management (PGPPM)
Post- Graduate Program in Enterprise Management (PGPEM)

IIM Calcutta

Post Graduate Program in Management (PGP)
Fellow Program in Management (FPM)
Post Graduate Program in Management for Executives (PGPEX)
PGPEX-VLM (Post Graduate Program for Executives for Visionary Leadership in Manufacturing)
CEMS MIM: Master’s in International Management
Post Graduate Diploma in Business Analytics (PGDBA)

IIM Jammu

Post Graduate Program in Management (PGP)

IIM Kozhikode

Executive Post Graduate Program in Management (EPGP)
Post Graduate Program in Management (PGP)
Post Graduate Program in Business Leadership (PGP-BL)
Management Development Program
Fellow Program in Management (FPM)

IIM Nagpur

Post Graduate Program in Management (PGP)

IIM Ranchi

Post Graduate Diploma in Management (PGDM)
Fellow Program in Management (FPM)
Post Graduate Program in Management for Executives (PGEXP)
Post- Graduate Program in Enterprise Management (PGPEM)
Certificate Program in General Management (CPGM)
Post Graduate Diploma in Human Resource Management

IIM Sambalpur

Post Graduate Program in Management (PGP)

IIM Sirmaur

Post Graduate Program in Management (PGPM)

IIM Udaipur

Post Graduate Program in Management (PGP)
Fellow Program in Management (FPM)
Post Graduate Program in Management for Executives (PGPX)
MDP for Women Entrepreneurs (MDPWE)

IIM Amritsar

Post Graduate Program in Management (PGP)

IIM Bodh Gaya

Post Graduate Diploma in Management (PGDM)

IIM Indore

Executive Post Graduate Program in Management (EPGP)
Post Graduate Program in Management (PGP)
Fellow Program in Management (FPM)
Post Graduate Program in Management Mumbai (PGP- Mumbai)
Integrated Program in Management (IPM)
Fellow Program in Management (Industry)
Post Graduate Diploma Program in Management for Executives (Modular)-PGPMX- offered in Mumbai
Post Graduate Program in Human Resource Management (PGP-HRM)

IIM Kashipur

Post Graduate Program in Management (PGP)
Fellow Program in Management (FPM)
Executive Post Graduate Program in Management (EPGP)
Executive Fellow Program in Management (EFPM)

IIM Lucknow

Indian Institute of Management,Lucknow — Credit: IIM Lucknow

Post Graduate Program in Management (PGP)
Executive Fellow Program in Management (EFPM)
Fellow Program in Management (FPM)
Post Graduate Program in Agri-business Management (PGP- ABM)
Post-Graduate Program in Management for Working Executives (WPM)
Post- Graduate Program in Sustainable Management (PGP- SM)
Management for Executives (IPMX)

IIM Raipur

Indian Institute of Management Raipur — Credit: Wikiwand

Post Graduate Program in Management (PGP)
Fellow Program in Management (FPM)
Post Graduate Program in Management for Working Executive (PGPWE)
Executive Fellow Program in Management (EFPM)

IIM Shillong

Post Graduate Program in Management (PGP)
Fellow Program in Management (FPM)
Post Graduate Program for Executives – Managing Business in India and China (PGPEx- MBIC)

IIM Rohtak

Indian Institute of Management Rohtak — Credit: Wikiwand

Post Graduate Program in Management (PGPM)
Fellow Program in Management (FPM)
Executive Post Graduate Program in Management (EPGP)

IIM Tiruchirappalli

IIM Trichy New Permanent Campus Opened — Credit: NDTV

Post Graduate Program in Business Management (PGPBM)
Fellow Program in Management (FPM)
Post Graduate Program in Management (PGPM)

IIM Visakhapatnam

Post Graduate Program in Management (PGP)
Post Graduate Certificate Program in Business Management for Experienced Professionals

IIM Fees for MBA: Scholarships

Some MBA scholarships provided by the IIM’s are given below –

IIM Ahmedabad

IIMA Special Need Based Scholarships
Family Income Linked Tuition Fee Waiver Scheme
IIMA Special Scholarships (need-based)
Industry Scholarships (need-based)
SC/ST Scholarships
GOI Merit-cum-Means Scholarships
Aditya Birla Group Scholarships
OP Jindal Engineering and Management Scholars
Dunia Scholarships for scholastic excellence
Ocwen Scholarship for Competence in Academics
ONGC SC/ST Merit-cum-Means Scholarships
State Scholarship

IIM Bangalore

Aditya Birla Scholarship
Uday Nayak Scholarship
T Thomas Scholarship
OPJEMS Scholarship
Rajesh Kaushik Memorial Scholarship
Ocwen Financial Solutions Private Limited
Cognizant Technology Solutions – B’izard Scholar
Societe Generale Global Solution Centre India Scholarship

IIM Lucknow

Need-Based IIML Scholarships
Industry Sponsored Scholarships
Merit-cum-Means Scholarships
Bharti Scholarship
SC/ST Scholarships
Other Scholarships

IIM Calcutta

B.P. Poddar Scholarship
India Carbon Scholarship
T. T. Krishnamachari Award
BPL Prize
Damodar Valley Corporation Award For Creditable Performance
Central Bank of India Prize For Best Performance In Finance Course
Aditya Kashyap Memorial Scholarship (for 1st rank holder)
P. R. Karthik Scholarship
B. S. Dua Memorial Prize for Organizational Ability
Dr. B.C. Roy Memorial Prize for the most outstanding contribution to campus life in the year
Pawan Tyagi Prize for the best sportsperson of the year
Bharat Chamber of Commerce Medal for the most balanced and progressive outlook to management problems
Srinath Damarla Award for Outstanding Leadership Ability
Monalisa Gupta Memorial Award

There are other scholarships as well which you can check on the website of the specific IIM you apply to.

FAQs on IIM Fees for MBA

Why is the fees of IIM is so high?

IIMs are not funded by the government so they have to pay for their costs and expenses as well as for their top class facilities that are provided to the students.

Which is the cheapest IIM?

IIM Amritsar and IIM Visakhapatnam have the lowest fees. You can refer to the list of IIMs and their fee structure above.

Does IIM fees include hostel?

Most IIMs fees include the hostel fees but you should still check with the specific campus you are applying to. You can just go to their website to check it.

Can I study in IIM for free?

No, you will have to pay some part of the fees by yourself. What you can do to fund your studies is apply for a scholarship or get an education loan that might help you with the cost.

Thank you for reading about the IIM fees for MBA. We hope that it will help you in understanding the fees structure of the IIMs. You can learn about more scholarships, education loans and other management courses on Leverage Edu. Get guidance from our experts in the admission and application process and get admission in your dream course and dream college.

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IIM Fees for MBA

This Blog Includes:

IIM Fees for MBA: Components

IIM Fees for MBA

IIM Fees for MBA: Executive Courses

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