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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, cutoffsand 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 PGP
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
- Mess Charges
- Course Material
- Laptop and Computer
- Miscellaneous Expenses
- Alumni Activity
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 2020:
Check out the IIM fee structure and of seats for 2020 academic year in the detail below:
Name of the Institute
Fees (Entire Course) in Lakh
Number of Seats
11.75 (excluding fee for international immersion programme)
14.20 (excluding boarding charges)
10.70 (excluding fee for international immersion programme)
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 taking a decision on your final MBA admission.