IIM Fees and Total Seats for MBA in 2020- Check IIM MBA Fee Structure

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, 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, executive and FPM are different at these institutes. Usually, IIMs increase their MBA fee by 2-3% every year but due to COVID-19, there will be no fee hike for MBA at IIM A for 2020. However, IIM Bangalore has hiked its fee to Rs.23 lakh which brings IIM B at par with the fee structure of IIM Ahmedabad and IIM Calcutta. IIM Lucknow and Rohtak have also increased their fees for 2020 as mentioned below.

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 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

IIM Ahmedabad (IIM A)

23

395

IIM Bangalore (IIM B)

23

400

IIM Calcutta (IIM C)

23

460

IIM Lucknow (IIM L)

19

500

IIM Indore (IIM I)

17.07

450

IIM Nagpur

13.34

130

IIM Udaipur

17.60

325

IIM Trichy

11.90

240

IIM Kashipur

15.10

240

IIM Kozhikode

19

480

IIM Bodhgaya (IIM BG)

10.60

120

IIM Rohtak

15.20

264

IIM Ranchi

15.30

185

IIM Sirmaur

11.75 (excluding fee for international immersion programme)

120

IIM Amritsar

12

160

IIM Shillong

12.68

92

IIM Raipur

14.20 (excluding boarding charges)

90

IIM Jammu

13.80

90

IIM Sambalpur

13.03

90

IIM Vishakhapatnam (IIM Vizag)

10.70 (excluding fee for international immersion programme)

120

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.

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