IIM Fees for MBA 2022 - Check Total Seats in IIM & Fee Structure

Akansha Sirohi

Updated On: March 24, 2022 02:11 pm IST

IIM Fees for MBA range between INR 10 lakh and 23 lakh for the complete course. Check out the IIM MBA fee structure for all IIMs, including IIM Ahmedabad, IIM Bangalore, and IIM Calcutta.

IIM Fees for MBA

The IIM fees for MBA ranges between INR 10 to 23 lakhs. The top three IIM fees which are IIM Ahmedabad, IIM Calcutta, and IIM Bangalore is INR 23 lakh. However, the news IIM MBA fees are mostly under INR 12 lakh.  The discrepancy in the MBA fee structure of the old and the new IIMs is because newly established IIMs are financially supported by the government, whereas,  old IIMs bear the whole expenditure on their own without any financial help from the government.  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. Read on to find out detailed information on the IIM MBA fee structure and seat intake.

Also Read:NIRF MBA Rankings (2021, 2020, 2019): 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: GD, PI and WAT Preparation Tips - Expert Advice Crack in First Attempt

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 2022:

Check out the IIM fee structure and of seats for 2022 academic year in the detail below:

Name of the Institute

Fees (Entire Course) 

Number of Seats

IIM Ahmedabad (IIM A)

Rs. 23,00,000

PGP - 398

PGP FABM - 47

IIM Bangalore (IIM B)

Rs. 23,00,000

MBA - 412

IIM Calcutta (IIM C)

Rs. 23,00,000

MBA - 480+

IIM Lucknow (IIM L)

Rs. 19,00,000

PGP and PGP-AB - 436

IIM Indore (IIM I)

Rs. 17,07,000

PGP - 451

IIM Nagpur

Rs 13,34,000

PGP - 225+

IIM Udaipur

Rs. 17,60,000

MBA - 325

IIM Trichy

Rs. 11,90,000

PGPM - 230

PGPM HR - 30

IIM Kashipur

Rs. 15,10,500

MBA - 90

IIM Kozhikode

Rs. 19,00,000

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. 12,00,000

MBA - 150+

IIM Shillong

Rs. 12,68,000

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

Location

Fee Structure

Symbiosis Institute Of Business Management

Pune, Maharashtra

Rs. 11,32,200

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)

Delhi

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 2021 - 2023. 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.

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FAQs

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.

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.

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.

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 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.

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