IIM fees for two years of MBA start from 17 lahks to 25 lahks, whereas the IIM fees for new IIMs are from 17 lahks to 20 lahks. The new IIMs IIM Sirmaur, IIM Bodh Gaya, IIM Jammu, and IIM Ranchi are quite low. If you are thinking of IIM Ahmedabad, IIM Calcutta, IIM Indore, IIM Bangalore or IIM Mumbai, then the IIM Fees for MBA 2024 will be around 21 lakh to 25 lakhs. Let’s discuss more about the fee structure of MBA 2024.
What are the components involved in IIM Fees for MBA 2024?
The components that matter for the MBA Fees 2024 are what is included in it. So, as part of the tuition fee, IIM fees include several other student facilities. The cost of the international immersion program is among the most important factors on the priority list. Check out the further details below:
- Tuition Fees
- Travel
- Boarding
- Personal Expenses
- Mess Fees
- Course Material
- Internet
- Library
- Alumni Activity
- Laptop and Computer
- Miscellaneous expenses
IIM Fees 2024
Till now, IIM Ahmedabad has been top of the list in charging the highest fees, i.e. 25 lakhs, and IIM Bodh Gaya charges the lowest, i.e. 17 lakh. Check out here the fee structure of IIM 2024-2025
S.No. | IIM Campuses | IIM MBA Fees |
1 | IIM Ahmedabad | Rs 25 lakh |
2 | IIM Bangalore | Rs 24.50 lakh |
3 | IIM Calcutta | Rs 23.00 lakh |
4 | IIM Lucknow | Rs 26.50 lakh |
5 | IIM Kozhikode | Rs 22.50 lakh |
6 | IIM Raipur | Rs 18.00 lakh |
7 | IIM Udaipur | Rs 22.20 lakh |
8 | IIM Rohtak | Rs 17.90 lakh |
9 | IIM Visakhapatnam | Rs 17.82 lakh |
10 | IIM Trichy | Rs 21.00 lakh |
11 | IIM Sambalpur | Rs 21.01 lakh |
12 | IIM Ranchi | Rs 17.50 lakh |
13 | IIM Bodh Gaya | Rs 17.00 lakh |
14 | IIM Sirmaur | Rs 17.50 lakh |
15 | IIM Jammu | Rs 18.85 lakh |
16 | IIM Amritsar | Rs 21.00 lakh |
17 | IIM Shillong | Rs 22.71 lakh |
18 | IIM Kashipur | Rs 17.30 lakh |
19 | IIM Nagpur | Rs 18.90 lakh |
20 | IIM Indore | Rs 21.17 lakh |
21 | IIM Mumbai | Rs 21 lakh |
IIM Executive Fees Structure 2024
Almost every IIM offers an executive MBA or EMBA, and these programs are designed especially for working professionals. If you want to be part of the IIM Executive, you must pass the criteria of CAT or GMAT; if you score well, you will be eligible for the IIM Executive.
IIM Campuses | Course name | IIM executive MBA fees | Duration |
IIM Ahmedabad | Post Graduate Programme in Management for Executives (PGPX) | Rs 33 lakhs | One year |
IIM Bangalore | Post Graduate Programme Enterprise Management (PGPEM) | Rs 20.11 lakhs | 2 years |
Executive Post Graduate Programme (EPGP) | Rs 23.20 lakhs | 1 year | |
IIM Calcutta | MBA Programme for Executives (MBAEx) | Rs 31 lakhs | 1 year |
IIM Lucknow | Post-Graduate Programme in Management for Working Executives (PGPWE) | Rs 11.15 lakh | 2 years |
International Programme in Management for Executives or IPMX | Rs 26.25 lakh | 1 year | |
IIM Indore | General Management Programme for Executives (GMPE) | Rs 5.90 lakh | 1 year |
Post Graduate Programme in Management for Working Executives (PGPMX) | Rs 17.60 lakh | 2 years | |
IIM Kozhikode | Executive Post Graduate Programme (EPGP) | Rs 14 lakh | 1 year |
IIM Trichy | Post Graduate Programme in Business Management (PGPBM) | Rs 11.80 lakh | 2 year |
IIM Ranchi | Post Graduate Executive Programme in Management (PGEXP) | Rs 12.50 lakh | 2 year |
IIM Raipur | Executive Post Graduate Programme in Management (ePGP) | Rs 12.25 lakh | 2 year |
IIM Udaipur | MBA in Global Supply Chain Management | Rs 22.60 lakh | 1 year |
IIM Rohtak | Post Graduate Programme in Management for Executives (ePGPx) | Rs 7.15 lakh | 1 year |
IIM Visakhapatnam | Post Graduate Programme for Experienced Professionals (PGPEx) | Rs 10.80 lakh | 1 year |
IIM Kashipur | Post Graduate Programme for Working Executives (MBAWx) | Rs 12 lakh | 2 years |
IIM Shillong | Post Graduate Programme for Working Executives (MBAWx) | Rs 12 lakh | 2 years |
IIM Scholarships for MBA
The Indian Institute of Management offers various scholarships to deserving candidates. The types of scholarships that IIM offers are as follows:
- Scholarship of meritorious students
- Scholarship for candidates from economically weak background
How do I pay IIM MBA fees?
Financing your IIM MBA can be tackled in multiple ways. Semester-wise payment plans ease the burden, while educational loans are readily available through on-campus bank visits during admissions. Scholarships, both merit-based and need-based, are another option. Finally, some IIMs offer financial aid in cases of unexpected financial hardship.