IIM Fees for MBA 2022-23

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IIM Fees for MBA

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 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 learn more about the fees of an MBA at the IIM.   

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

Also, Read

IIM Fees for MBA: Courses

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

IIM Ahmedabad

IIM Fees for MBA
Credit: The Print
  • 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

IIM Bangalore
Credit: Business Standard
  • 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

IIM Fees for MBA
Credit: Telegraph India
  • 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

IIM Jammu
Credit: IIMJ
  • Post Graduate Program in Management (PGP)

IIM Kozhikode

Amazon top recruiter as IIM Kozhikode wraps up summer placements | Business  Standard News
Credit: Business Standard
  • 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

IIM Nagpur
Credit: IndCareer
  • Post Graduate Program in Management (PGP)

IIM Ranchi

IIM Fees for MBA
Credit: telegraph India
  • 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

IIM Sambalpur
Credit: IIM Sambalpur
  • Post Graduate Program in Management (PGP)

IIM Sirmaur

HRD Minister inaugurates IIM Sirmaur campus - ABPEducation
Credit: ABP Education
  • Post Graduate Program in Management (PGPM)

IIM Udaipur

IIM Fees for MBA
Credit: IIMU
  • 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

IIM Amritsar
Credit: IIM Amritsar
  • Post Graduate Program in Management (PGP)

IIM Bodh Gaya

IIM BG
Credit: IIMBG
  • Post Graduate Diploma in Management (PGDM)

IIM Indore

IIM Fees for MBA
Credit: NDTV
  • 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

IIM Kashipur
Credit: Indian Education Diary
  • 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

IIM Fees for MBA
Credit: 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

IIM Visakhapatnam
Credit: IIMV
  • 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.

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

Categories Percentage of reservation
NC-OBC 27%
SC 15%
ST 7.5%
PwD 5%
EWS 10%

IIM Seat Intake

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

Why are the fees of IIM so high?

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.

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.

Do IIM fees include a 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 at IIM for free?

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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