IIM MBA Fees 2022: Check Out The Latest Fee Structure Of Top IIMs
Getting admission into the IIMs is the dream of any candidate who wants to do an MBA course and seeks to start his or her career in the world of business and management. These institutes surely open up a multitude of opportunities for candidates after completion of the MBA programme. The fee structure of the MBA colleges also plays a pivotal role in taking the final decision of where to take the admission.
The IIM MBA fees ranges approximately from INR10 lakh-23 lakh. Fees for MBA programmes at IIMs see a usual increase of 2-3 percent every year. The fee structure at various IIMs is different and differs according to the course, market value, and the location of the institute. Before the start of the program, each IIM releases its fee structure in the admission policy and precisely mentions what expenses are covered under the fee structure.
IIM MBA Fees: Components
Generally, the following components are covered in the IIM MBA fees but it must be noted that the components varies from institute to institute. A few of them might not include all these components in the mentioned fee structure and have to be paid for separately.
- Tuition Fee
- Charges for mess
- Course material
- Internet
- Library
- Study tours
- International immersion (If applicable)
- Laptop
- Miscellaneous expense
- Alumni events
Institute-wise IIM MBA Fees
Most of the IIMs have published their policy of admission in which their comprehensive fee structure has been listed. The details of the IIM MBA fees structure of various IIMs are as follows.
IIM Ahmedabad
Total Fees Payable |
INR 23,00,000 (Laptop computer, personal expenses on boarding, travel, clothes and laundry are extra) |
IIM Bangalore
Total Fees Payable |
INR 23,00,000 (Fees covers Tuition, Library, Internet, Case Permission Royalty, Course Material, Hostel Room Rent and Service Charge, Medical Insurance, Personal Accident Insurance and Alumni Activity) |
IIM Calcutta
Total Fees Payable |
INR 27, 00,000 (Fees includes tuition fees and cost of course material, books, accommodation and economy airfare of study tours organized by IIMC. Other charges such as electricity, food, expenses of personal nature are not covered in this and will have to be borne separately by the individual) |
IIM Lucknow
Total Fees Payable |
INR 19,25,000 (This includes computer fee, library fee, books and instructional material, hostel fee, student welfare |
IIM Indore
Total Fees Payable |
INR 21,06,800 (Course fee does not include cost of text books) |
IIM Kozhikode
Total Fees Payable |
INR 22,50,000 (This includes program delivery, books and instruction material, in-campus hostel accommodation, and access to all in-campus facilities such as the library) |
IIM Shillong
Total Fees Payable |
INR 14,60,000* |
*derived from third party
IIM Raipur
Total Fees Payable |
INR 14,20,400 (Fees covers tuition fees, course material, library & Service charges, Internet/Computer fees, case permission royalty) |
IIM Ranchi
Total Fees Payable |
INR 16,30,000 (Mess charges will be paid at INR 21,000 per term) |
IIM Rohtak
Total Fees Payable |
INR 16,10,000 |
IIM Kashipur
Total Fees Payable |
INR 15,42,000 |
IIM Tiruchirappalli
Total Fees Payable |
INR 11,80,000 (This includes tuition, library, case permission royalty, textbooks, academic course pack, examination, and alumni activity) |
IIM Udaipur
Total Fees Payable |
INR 17,90,000 |
IIM Amritsar
Total Fees Payable |
INR 13,20,000 (Fees covers tuition, books & case material, library, IT & Computer, hostel & electricity, medical & students activities. Mess and personal expenses are not included in the above fees) |
IIM Bodhgaya
Total Fees Payable |
INR 12,95,000 |
IIM Nagpur
Total Fees Payable |
INR 18,00,000 |
IIM Sambalpur
Total Fees Payable |
INR 13,00,000 |
IIM Sirmaur
Total Fees Payable |
INR 11,75,000 |
IIM Vishakapatnam
Total Fees Payable |
INR 16,79,921 |
IIM Jammu
Total Fees Payable |
INR 15, 56, 130 |
Summing Up
The above article will give you a quick review of the IIM MBA fees structure of IIMs across India. IIMs are known to offer high quality education and the opportunity to work with one of the sharpest minds in the country. Due to this exposure, IIMs become one of the sought after institutes for top companies to hire from.
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