IIM Fees for MBA 2021 - Check Total Seats in IIM & Fee Structure

Akansha Sirohi
Akansha SirohiPublished On: November 26, 2020 | CAT | Indian Institute of Management, Rohtak

The fee structure at different IIMs is different and varies according to the course and location of the institute. Given below is the fee structure for MBA at all the IIMs along with the information on the number of seats.

IIM Fees for MBA

The Indian Institutes of Management or popularly known as IIMs, are the dream of every MBA aspirant who seeks to start his or her career in the business and management world. Pursuing management education from these institutes is one sure way of opening a plethora of opportunities after the completion of the MBA.

The three things that students are most interested in knowing are IIM fee structure, cutoffs and the number of seats. The fees at IIMs vary according to the location of the institute, the market value of the institute as well as the type of course that the student wants to pick. Fees of PGPM, executive and FPM are different at these institutes. Usually, IIMs increase their MBA fee by 2-3% every year. The IIM course fee roughly ranges between Rs.10 lakh-23 lakh. Read on to find out detailed information on the IIM, seat intake and fee structure.

Also Read:NIRF MBA Rankings 2020: Check Top Management Colleges Here

IIM MBA Fee Structure Components

Before going into the fee details, let's take a look at what does the IIM course fee include like what are the various fee components so that students have a better idea and can plan their finances accordingly. IIM fee has the following components.

  • Personal expenses
  • Tuition Fee
  • Travel
  • Boarding
  • Mess Charges
  • Course Material
  • Internet
  • Library
  • Laptop and Computer
  • Miscellaneous Expenses
  • Alumni Activity

Also Read: Top 20 MBA Colleges in North India, Fees, Courses and Entrance Exams

Check the details of below and seats in order to understand what kind of return on investment you must target before taking admission. Also, learn about the highest and average packages at IIMs in order to figure out the market value of the courses offered by these institutes.

IIM MBA Fee Structure and Number of Seats 2021:

Check out the IIM fee structure and of seats for 2020 academic year in the detail below:

Name of the Institute

Fees (Entire Course) 

Number of Seats

IIM Ahmedabad (IIM A)

Rs. 28,00,000

PGP - 398


IIM Bangalore (IIM B)

Rs. 23,00,000

MBA - 412

IIM Calcutta (IIM C)

Rs. 27,00,000

MBA - 480+

IIM Lucknow (IIM L)

Rs. 19,25,000

PGP and PGP-AB - 436

IIM Indore (IIM I)

Rs. 16,00,000

PGP - 451

IIM Nagpur

Rs 13,75,000

PGP - 225+

IIM Udaipur

Rs. 13,00,000

MBA - 325

IIM Trichy

Rs. 14,00,000

PGPM - 230

PGPM HR - 30

IIM Kashipur

Rs. 7,31,500

MBA - 90

IIM Kozhikode

Rs. 17,50,000

PGP - 360

IIM Bodhgaya (IIM BG)

Rs. 10,60,000

MBA - 150+

IIM Rohtak

Rs, 15,20,000

PGP- 140+

IIM Ranchi

Rs. 15,30,000

PGP - 200+

IIM Sirmaur

Rs. 11,75,000 (excluding fee for international immersion programme)

MBA - 100+

IIM Amritsar

Rs. 10,50,000

MBA - 150+

IIM Shillong

Rs. 14,60,000

MBA - 125

IIM Raipur

Rs. 14,20,000 (excluding boarding charges)

PGP - 260+

IIM Jammu

Rs. 13,80,000

MBA - 180+

IIM Sambalpur

Rs. 13,03,000

PGP - 180

IIM Vishakhapatnam (IIM Vizag)

Rs.10,70,000 (excluding fee for international immersion programme)

MBA - 120

Also Read: Year-wise CAT Exam Analysis

Other MBA Colleges in India: Fee Structure

Check out the other top colleges besides IIMs that provide admission to the MBA course. Also, check out the fee structure of the programme.

College Name


Fee Structure

Symbiosis Institute Of Business Management

Pune, Maharashtra

Rs. 11,32,000

BML Munjal University

Gurugram, Haryana

Rs. 5,25,000

KIIT School of Management - (KSOM)

Bhubaneswar, Odisha

Rs. 9,20,000

Amity University

Gwalior, Madhya Pradesh

Rs. 5,16,000

Faculty of Management Studies (FMS)


Rs 20,960

National Institute of Industrial Engineering (NITIE)

Mumbai, Maharashtra

Rs. 12,53,000

IIT Roorkee: Indian Institute of Technology

Roorkee, Uttarakhand

Rs. 9,21,000

Shailesh J Mehta School of Management (SJMSOM), IIT Bombay

Mumbai, Maharashtra

Rs. 8,32,000

N.M.I.M.S. School of Business Management (SBM)

Mumbai, Maharashtra

Rs. 17,50,000 

Vinod Gupta School of Management, IIT Kharagpur - VGSOM IIT Kharagpur

Kharagpur, West Bengal

Rs. 10,82,000

IIMs in India and selection to these B-schools is not a piece of cake. IIMs follow a stringent admission process and all candidates are shortlisted on the basis of merit in CAT exam along with written ability test and Personal Interviews.

The newer IIM's follow a Common Admission Process (CAP) which is being administered by IIM Ranchi for the academic session of 2020 - 2022. Check the details of IIMs Selection Criteria before making a decision on your final MBA admission. To know about the MBA admissions and explore the top colleges, either dial the toll-free number 1800-572-9877 or fill the Common Application Form. For any queries, write to us in the QnA zone.

Stay tuned to CollegeDekho for more updates!

Get Help From Our Expert Counsellors


Which IIM charges the lowest fee for the MBA programme?

IIM Kashipur charges the lowest fee, i.e. Rs. 7,31,500 for the entire MBA course.

What all components are included in the fee of IIMs?

The components that are a part of the fee of IIMs are Personal expenses, Travel, Tuition fee, Mess Charges, Boarding, Internet, Course Material, Laptop and Computer, Library, Alumni Activity and Miscellaneous Expenses.

Which IIM has the highest number of seat intake in the MBA programme?

IIM Calcutta (IIM-C) has a seat intake of 480+ which is the highest among all the IIMs for the MBA programme.

How much is the MBA fee at IIM Bangalore (IIM-B) for the entire course?

The MBA fee at IIM Bangalore is Rs. 23,00,000 for the entire course.

How much does IIMs charge for the MBA course?

The fee range charged by the IIMs for the MBA programme is roughly between Rs. 10 Lakh - Rs. 23 Lakh.

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