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IIM or the Indian Institutes of Management every MBA student’s dream. Studying at the top IIMs is sure to open a vast world of opportunities for 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 the admission policy before the commencement of the program and mentions the expenses they cover in its IIM MBA fee structure. The IIMs increase their fees by 1 – 2% every year and range between INR 10 lakh – INR 28 lakh every year. 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 learn more about the fees of an MBA at the IIM.
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The cost of an IM MBA can range from INR 16 lakh to INR 27 lakh. MBA fees of the top three IIMs – Ahmedabad, Bangalore and Calcutta are the highest (between INR 24 lakh to INR 27 lakh) but MBA fees of the newer IIMs like Trichy and Sirmaur are between INR 16 to INR 19 lakh. The difference in the fee structures of the old and new IIMs is caused by the fact that the latter gets government funding for maintenance and other expenses, whereas the former does not.
You must be aware of the program’s costs and eligibility requirements if you intend to enrol in an MBA programme at one of the IIM locations. Although the IIMs provide scholarships and financing aid, it is advisable to determine whether attending the IIMs will fit within your budget before applying. And what are the possible lending choices?
IIM Fees for MBA: Components
The fee 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 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 2022-23
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 lakhs |
| 2 | IIM Amritsar | Rs. 10.5 lakhs |
| 3 | IIM Bangalore | Rs. 23 lakhs |
| 4 | IIM Bodh Gaya | Rs 10.6 lakhs |
| 5 | IIM Calcutta | Rs. 27 lakhs |
| 6 | IIM Indore | Rs. 16 lakhs |
| 7 | IIM Jammu | Rs. 13.8 lakhs |
| 8 | IIM Kashipur | Rs. 15.42 lakhs |
| 9 | IIM Kozhikode | Rs. 17.50 lakhs |
| 10 | IIM Lucknow | Rs. 19.25 lakhs |
| 11 | IIM Nagpur | Rs 13.75 lakhs |
| 12 | IIM Raipur | Rs. 14,2 lakhs |
| 13 | IIM Ranchi | Rs. 15.3 lakhs |
| 14 | IIM Rohtak | Rs. 15.2 lakhs |
| 15 | IIM Sambalpur | Rs. 13.03 lakhs |
| 16 | IIM Shillong | Rs.14.6 lakhs |
| 17 | IIM Sirmaur | Rs 11.75 lakhs |
| 18 | IIM Trichy | Rs. 14 lakhs |
| 19 | IIM Udaipur | Rs. 13 lakhs |
| 20 | IIM Visakhapatnam | Rs 10.50 lakhs |
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 lakhs |
| IIM Bangalore – EPGP | Rs 25 lakhs |
| IIM Calcutta – MBAEx | Rs 27 lakhs |
| IIM Indore – EPGP | Rs 20 lakhs |
| IIM Lucknow – IPMX | Rs 23.5 lakhs |
| IIM Kozhikode-PGP BL | Rs 22.5 lakhs |
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IIM Fees for MBA: Courses
The list of management courses offered by IIMs is given below –
IIM Ahmedabad
Students at IIM Ahmedabad can opt for the below-mentioned programmes:
- 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 (PGP)
- Post Graduate Program in Food and Agri-business Management (PGP- FABM)
- Faculty Development Program (FDP)
IIM Bangalore
This eminent institute offers the following MBA programmes:
- 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
Indian Institute of Management in the ‘City of Joy’ provides MBA in the following domains:
- 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
This management institute offers the below-mentioned programme:
- Post Graduate Program in Management (PGP)
IIM Kozhikode
Students enrolling in the Kozhikode branch can opt for the below-listed programmes:
- 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
This institute provides MBA in one programme, which is mentioned below:
- Post Graduate Program in Management (PGP)
IIM Ranchi
This IIM campus has options for the following programmes:
- 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
Indian Institute of Management at Sambalpur offers the below-mentioned course:
- Post Graduate Program in Management (PGP)
IIM Sirmaur
This campus offers MBA only 1 programme, as mentioned below:
- Post Graduate Program in Management (PGPM)
IIM Udaipur
Indian Institute of Management at Udaipur has the following options:
- 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
Students can opt for the following course at Amritsar campus of IIM:
- Post Graduate Program in Management (PGP)
IIM Bodh Gaya
The following programme is available at IIM Bodh Gaya:
- Post Graduate Diploma in Management (PGDM)
IIM Indore
The Indore campus of IIM has numerous options for MBA aspirants:
- 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
At the Kashipur campus, students can opt from the below listed MBA specialisations:
- 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
This branch imparts degree in the following MBA specialisations:
- 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
Students pursuing admission to this IIM branch can avail the following MBA majors:
- 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
The Rohtak campus of IIM imparts MBA in the following courses:
- Post Graduate Program in Management (PGPM)
- Fellow Program in Management (FPM)
- Executive Post Graduate Program in Management (EPGP)
IIM Tiruchirappalli
IIM in this Tamil Nadu district has the following options for MBA students:
- Post Graduate Program in Business Management (PGPBM)
- Fellow Program in Management (FPM)
- Post Graduate Program in Management (PGPM)
IIM Visakhapatnam
Students of IIM Visakhapatnam can specialise in the following domains:
- 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 IIMs 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
- OBJETS 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.
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IIM MBA Salary Package
The table shows you the answer for the candidate who has a question about why IIM MBA fees are so high. Also, the IIM MBA package includes various components such as allowances, gross salary, reimbursements, pf, insurance, deductions, etc.
| Indian Institutes of Management | Package offered in India | Package offered International |
| IIM Indore | Rs. 40.50 Lakhs | Rs. 89.25 Lakhs |
| IIM Ahmedabad | Rs. 70 Lakhs | Rs. 83.51 Lakhs |
| IIM Bangalore | Rs. 50 Lakhs | Rs. 62 Lakhs |
| IIM Ranchi | Rs. 26 Lakhs | Rs. 59.36 Lakhs |
| IIM Sambalpur | Rs. 20 Lakhs | Rs. 58 Lakhs |
| IIM Kashipur | Rs. 28 Lakhs | Rs. 48.50 Lakhs |
| IIM Udaipur | Rs. 27.50 Lakhs | Rs. 33 Lakhs |
IIM MBA Seat Intake 2022-23
There are a total of 20 IIMs in India, and each IIM reserves a certain number of seats for applicants who fall under the reserved categories of OBC (Other Backward Classes), SC (Scheduled Caste), ST (Scheduled Tribe), EWS (Economically Weaker Section), and PWD (Person with Disabilities). An observation of the reservation ratio for various categories is given in the table below:
IIM Seats Reservation Policy
The Indian Institute of Management adheres to the reservation policy of the central government of India. This academic institution has allocated the following percentage of seats to students of reserved categories:
| Categories | Percentage of reservation |
| NC-OBC | 27% |
| SC | 15% |
| ST | 7.5% |
| PwD | 5% |
| EWS | 10% |
IIM Seat Intake
Tabulated below is the number of intakes for different campuses of the Indian Institute of Management:
| IIMs | No. of seats* |
| IIM Ahmedabad | PGP – 398PGP FABM – 47 |
| IIM Bangalore | MBA – 412 |
| IIM Calcutta | MBA – 480+ |
| IIM Lucknow | PGP & PGP-AB – 436 |
| IIM Indore | PGP – 451 |
| IIM Kozhikode | PGP – 360 |
| IIM Shillong | MBA – 125 |
| IIM Raipur | PGP – 260+ |
| IIM Ranchi | PGP – 200+ |
| IIM Rohtak | PGP – 140+ |
| IIM Kashipur | Mba – 90 |
| IIM Trichy | PGPM – 230PGPM-HR – 30 |
| IIM Udaipur | MBA – 325 |
| IIM Amritsar | MBA – 150+ |
| IIM Bodh Gaya | MBA – 150+ |
| IIM Nagpur | PGP – 225+ |
| IIM Sambalpur | PGP – 180 |
| IIM Sirmaur | MBA – 100+ |
| IIM Visakhapatnam | PGP – 12 |
FAQs on IIM Fees for MBA
IIMs are not funded by the government so they have to pay for their costs and expenses as well as for the top-class facilities that are provided to the students.
IIM Amritsar and IIM Visakhapatnam have the lowest fees. You can refer to the list of IIMs and their fee structure above.
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.
No, you will have to pay some part of the fees 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.
We hope that it will help you in understanding the fee structure of the IIMs. You can learn about more scholarships, education loans and other management courses on Leverage Edu.
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