IIM MBA Fees 2025: Check IIMs with Highest Fees and Lowest Fees; Which IIMs are increasing their Fees constantly and which are not?
In last few years, IIMs have rampantly increased their MBA fees. The average increase in IIM fees have far outstripped the inflation. On the other hand, the average salaries offered during Placements 2024 at almost all IIMs have gone down. As results, students are facing hardships. The big question is that in such a scenario, shouldn’t the IIMs restrain from the annual fees hike for the upcoming Admission 2025?
Sharp Increase in IIM MBA Fees
Since 2022, IIMs have substantially increased their MBA fees. Last year, almost all the IIMs have increased their MBA fees in recent years. Take for example IIM Mumbai, earlier NITIE Mumbai. This year, IIM Mumbai has increased its MBA fee for 2024-26 batch by more than Rs.7 lakhs! This is a 43 percent increase over the last year fees! This is a clear case of opportunism where IIM Mumbai has increased its fees exorbitantly to milk its newly acquired IIM tag.
As table clearly shows, all prominent IIMs including IIM Ahmedabad, IIM Bangalore, IIM Kozhikode and IIM Calcutta have increase their fees by 5-20%.
IIM Kozhikode & IIM Indore emerge as role models
It must be noted here than not all IIMs are increasing their MBA fees rampantly. Two exceptions are IIM Kozhikode and IIM Indore. As the table below shows, they have kept their MBA fees same, while improving their quality and rankings.
While most IIMs are increasing their Fees, their Placements are actually going down! According to MBAUniverse.com analysis, except for two IIMs, all IIMs have reported lower average salary figures in Placements 2024!
Read this article to check IIMs with Highest Fees and Lowest Fees, Which IIMs are increasing their Fees constantly and which are not?
Table of Contents
- Top IIM Fee: Key Trends in IIM A, B, C, MBA Fees
- New Generation IIM MBA Fee Structure at a Glance
- IIM Fees Structure 2024: Key Components
- IIM Ahmedabad Fees for MBA
- IIM Bangalore Fees for MBA
- IIM Kozhikode Fees for MBA
- IIM Calcutta Fees for MBA
- IIM Lucknow Fees for MBA
- IIM Mumbai Fees
- IIM Indore Fees for MBA
- IIM Udaipur Fees for MBA
- IIM Trichy Fees for MBA
- IIM Rohtak Fees for MBA
- IIM Shillong Fees for MBA
- IIM Raipur Fees for MBA
- IIM Ranchi Fees for MBA
- IIM Kashipur Fees for MBA
- Baby IIMs Fees at a Glance
- IIM Amritsar Fees for MBA
- IIM Bodh Gaya Fees for MBA
- IIM Nagpur Fees for MBA
- IIM Jammu Fees for MBA
- IIM Sirmaur Fees for MBA
- IIM Sambalpur Fees for MBA
- IIM Visakhapatnam Fees for MBA
- IIMs with Low Fees
- IIM MBA Seat Intake
- IIMs Fee: Impact of IIM Act 2017 or otherwise?
1. IIM Fees 2024 for MBA: IIM A, IIM B, IIM C and other Top IIMs
IIM Fees 2024 for IIM Ahmedabad, Bangalore, Calcutta and others are shared below:
|
IIMs
|
Fees 2022-24
|
Fees 2023-25
|
Fees 2024-26
|
|
IIM Ahmedabad Fees
|
Rs. 24.61 lakhs
|
Rs. 25.00 lakhs
|
Rs.26.50 lakhs
|
|
IIM Bangalore Fees
|
Rs. 23.20 lakhs
|
Rs. 24.70 lakhs
|
Rs.26.20 lakhs
|
|
IIM Calcutta Fees
|
Rs. 23.50 lakhs
|
Rs. 25.00 lakhs
|
Not Available
|
|
IIM Lucknow fees
|
Rs. 21.75 lakhs
|
Rs. 20.75 lakhs
|
Not Available
|
|
IIM Mumbai fees
|
--
|
Rs.14.63 lakhs
|
Rs. 21.00 lakhs
|
|
IIM Indore fees
|
Rs. 21.17 lakhs
|
Rs. 21.17 lakhs
|
Rs.21.17 lakhs
|
|
IIM Kozhikode Fees
|
Rs. 20.50 lakhs
|
Rs. 20.50 lakhs
|
Rs.20.50 lakhs
|
2. New Generation IIM MBA Fee 2024 Structure
Apart from 8 older IIMs (including IIM Mumbai), rest of the 13 IIMs can be divided into 2nd Generation IIMs and 3rd Generation IIMs. Their fee structures given below:
|
2nd Generation IIMs
|
Fees 2022-24
|
Fees 2023-25
|
Fees 2024-26
|
|
IIM Shillong Fees
|
Rs.18.56 lakhs
|
Rs.21.50 lakhs
|
Rs.26.18 lakhs
|
|
IIM Rohtak Fees
|
Rs. 16.65 lakhs
|
Rs. 17.90 lakhs
|
Rs.17.90 lakhs
|
|
IIM Trichy Fees
|
Rs. 16.50 lakhs
|
Rs. 19.50 lakhs
|
Not Available
|
|
IIM Udaipur Fees
|
Rs. 17.59 lakhs
|
Rs. 21.43 lakhs
|
Rs.22.24 lakhs
|
|
IIM Raipur Fees
|
Rs. 15.49 lakhs
|
Rs. 15.93 lakhs
|
Rs. 18.00 lakhs
|
|
IIM Ranchi Fees
|
Rs. 17.20 lakhs
|
Rs. 17.20 lakhs
|
Not Available
|
|
IIM Kashipur Fees
|
Rs. 15.42 lakhs
|
Rs. 17.30 lakhs
|
Rs.17.30 lakhs
|
|
3rd Generation IIMs
|
Fees 2023-25
|
Fees 2024-26
|
|
IIM Visakhapatnam Fees
|
Rs. 18.39 lakhs
|
Not Available
|
|
IIM Jammu Fees
|
Rs. 17.15 lakhs
|
Not Available
|
|
IIM Nagpur Fees for MBA 2024
|
Rs. 18.00 lakhs
|
Rs. 18.90 lakhs
|
|
IIM Amritsar Fees
|
Rs.17.30 lakhs
|
Not Available
|
|
IIM Bodh Gaya Fees
|
Rs. 17.00 lakhs
|
Not Available
|
|
IIM Sambalpur Fees
|
Rs. 18.01 lakhs
|
Not Available
|
|
IIM Sirmaur Fees
|
Rs. 16.20 lakhs
|
Not Available
|
MBA Fees for IIMs includes Tuition Fee, Hostel Fee, Alumni Fee & other Fee. Campus wise IIM Fee Details are as given below.
3. IIM Fees Structure 2024: Key Components
In addition to Tuition Fees, which is the largest component, IIM Fees structure includes several other items. Check IIM course fee components below:
- Tuition fee
- Boarding & Mess charges
- International Immersion Travel and Stay Expenses
- Course material
- Internet
- Library
- Personal expenses
- Alumni Association
- Laptop and computer
- Other miscellaneous expenses
4. IIM Ahmedabad MBA Fees
IIM Ahmedabad MBA Fees structure is as below:
- IIM Ahmedabad Fees for MBA program of the 2023-25 Batch is Rs 25. Lakhs
- This is inclusive of tuition fees of Rs 18.19 lakhs
- Laptop computer, personal expenses on boarding, travel, clothes and laundry are extra.
5. IIM Bangalore MBA Fees 2022-24
IIM Bangalore Fees structure for MBA program is as below:
|
Fee Component
|
Amount
|
|
2 Year MBA Fees
|
Rs. 24.50 lakhs
|
|
Caution Deposit (General)
|
Rs.15 thousand
|
|
Caution Deposit (Hostel)
|
Rs. 5 thousand
|
IIM Bangalore Fees structure as above is subject to changes for next academic year.
6. IIM Kozhikode MBA Fees
IIM Kozhikode MBA Fees is INR 20.50 lakhs for two years. IIM Kozhikode MBA Fees structure is as below:
|
Term
|
First Year IIM Kozhikode Fee
|
Second Year IIM Kozhikode Fee
|
|
Term I/ IV
|
4,25,000
|
4,25,000
|
|
Term II/ V
|
3,00,000
|
3,00,000
|
|
Term III/ VI
|
3,00,000
|
3,00,000
|
|
Total
|
10,25, 000
|
10,25, 000
|
IIM Kozhikode Fees structure as above is subject to changes for next academic year.
7. IIM Calcutta MBA Fees 2023-25
IIM Calcutta MBA fees is 27 lakh for 2 years. Detailed break up of IIM Calcutta MBA Fees will be placed below.
|
IIM Calcutta MBA Fees – Coming soon |
8. IIM Lucknow MBA Fees for 2022-24 Batch
IIM Lucknow MBA Fees structure is as below:
|
Particulars
|
GPP - I (2022-23)
|
PGP - II (2023-24)
| ||||||
|
Fees & expenses
|
Term I
|
Term II
|
Term III
|
Total
|
Term IV
|
Term V
|
Term VI
|
Total
|
|
Admission Fee
|
100000
|
0
|
0
|
100000
|
0
|
0
|
0
|
0
|
|
Tuition Fee
|
210000
|
210000
|
210000
|
630000
|
210000
|
210000
|
210000
|
360000
|
|
Infrastructure Fee*
|
115000
|
115000
|
115000
|
345000
|
115000
|
115000
|
115000
|
345000
|
|
Total Fee (A)
|
425000
|
325000
|
325000
|
1075000
|
325000
|
325000
|
325000
|
975000
|
|
Refundable Deposits**
|
20000
|
0
|
0
|
20000
|
0
|
0
|
0
|
0
|
|
Alumni Membership Fee***
|
0
|
0
|
0
|
0
|
5000
|
0
|
0
|
5000
|
|
Total Fee (B)
|
20000
|
0
|
0
|
20000
|
5000
|
0
|
0
|
5000
|
|
Total Fee (A+B)
|
445000
|
325000
|
325000
|
1095000
|
330000
|
325000
|
325000
|
980000
|
IIM Lucknow Fees structure as above is subject to changes for next academic year.
9. IIM Mumbai Fees for 2024-26 Batch
IIM Mumbai MBA Fees structure is as below:
|
Fee Component
|
Fee Amount
|
|
Tuition Fees
|
Rs.14.00 Lakhs
|
|
Caution Deposit
|
Rs. 0.50 Lakhs (Rs.50 thousand)
|
|
Other expenses
|
Rs. 6.50 Lakhs
|
|
Total
|
Rs.21.00 Lakhs
|
IIM Mumbai Fees structure as above is subject to changes for next academic year.
10. IIM Indore MBA Fees for Batch 2023-25
IIM Indore MBA Fees structure is as below:
|
Sr.
|
Head
|
PGP-I/IPM-IV
|
PGP-II/IPM-V
|
|
No.
|
Academic Year
|
2023-24
|
2024-25
|
|
1
|
Course Fee
|
10,00,000
|
1000000
|
|
2
|
Alumni Fee GST @ 18%
|
-
|
11800
|
|
3
|
Medical Insurance Premium
|
711
|
711
|
|
4
|
Refundable Caution Deposit **
|
50000
|
-
|
|
5
|
Mess Deposit ***
|
54000
|
-
|
|
|
Grand Total
|
1104711
|
1012511
|
IIM Indore Fees structure as above is subject to changes for next academic year.
11. IIM Udaipur Fees for MBA
IIM Udaipur MBA Fees structure is as below:
|
Head
|
First Year
|
Second Year
|
|
|
Term - I
|
Term - IV
|
|
Fee paid at the time of accepting the offer of admission
|
1,00,000
|
--
|
|
Due on
|
22-Jun-2023
|
10-Jun-2024
|
|
Tuition Fee
|
2,40,000 @
|
2,90,000
|
|
Hostel Charges
|
23,000
|
24,000
|
|
Mess Charges
|
21,000
|
22,000
|
|
Caution Deposit (Refundable)
|
20,000
|
--
|
|
Alumni Association
|
--
|
3,000
|
|
Total
|
3,04,000
|
3,39,000
|
|
|
Term - II
|
Term – V
|
|
Due on
|
05-Oct-2023
|
16-Sep-2024
|
|
Tuition Fee
|
3,20,000
|
2,90,000
|
|
Hostel Charges
|
23,000
|
24,000
|
|
Mess Charges
|
21,000
|
22,000
|
|
Total
|
3,64,000
|
3,36,000
|
|
|
Term - III
|
Term – VI
|
|
Due on
|
08-Jan-2024
|
23-Dec-2024
|
|
Tuition Fee
|
3,20,000
|
2,90,000
|
|
Hostel Charges
|
23,000
|
24,000
|
|
Mess Charges
|
21,000
|
22,000
|
|
Total
|
3,64,000
|
3,36,000
|
IIM Udaipur Fees structure as above is subject to changes for next academic year.
12. IIM Trichy Fees for MBA
IIM Trichy MBA Fees structure is as below:
|
Term
|
Tuition Fee
|
Mess Advance
|
Caution Deposit
|
Amount to be paid
|
|
Term-I
|
3,25,000
|
20,000
|
30,000
|
3,75,000
|
|
Term-II
|
3,25,000
|
20,000
|
-
|
3,45,000
|
|
Term-III
|
3,25,000
|
20,000
|
-
|
3,45,000
|
|
Term-IV
|
3,25,000
|
20,000
|
-
|
3,45,000
|
|
Term-V
|
3,25,000
|
20,000
|
-
|
3,45,000
|
|
Term-VI
|
3,25,000
|
20,000
|
-
|
3,45,000
|
IIM Trichy Fees structure as above is subject to changes for next academic year.
13. IIM Rohtak Fees for MBA
IIM Rohtak MBA Fees structure is as below:
|
Particulars
|
PGP I (2023-24)
| ||||
|
Term-I
|
Term-II
|
Term-III
|
Total
| ||
|
Total Fee
|
Rs 3,55,000
|
Rs 2,70,000
|
Rs 2,70,000
|
Rs 8,95,000
| |
|
Particulars
|
PGP II (2024-25)
| ||||
|
Term-IV
|
Term-V
|
Term-VI
|
Total
| ||
|
Total Fee
|
Rs 3,55,000
|
Rs 2,70,000
|
Rs 2,70,000
|
Rs 8,95,000
| |
IIM Rohtak Fees structure as above is subject to changes for next academic year.
14. IIM Shillong Fees for MBA
IIM Shillong is yet to release its fee details on its website. IIM Shillong PGP Fees for two years is around Rs.21.50 lakhs.
15. IIM Raipur Fees for MBA
IIM Raipur MBA Fees structure is as below:
|
Fee Structure for PGP 2023 -25 Batch
| |||||
|
1st Year Fees
| |||||
|
Sl. No
|
Particulars
|
1st Term (₹)
|
2nd Term (₹)
|
3rd Term (₹)
|
Total (₹)
|
|
1
|
Academic Fees
|
2,49,150.00
|
2,29,350.00
|
2,28,800.00
|
7,07,300.00
|
|
2
|
Lodging Charges
|
21,000.00
|
21,000.00
|
21,000.00
|
63,000.00
|
|
3
|
Medical Insurance Charges
|
1,200.00
|
|
|
1,200.00
|
|
4
|
Students Association Fees
|
6,000.00
|
|
|
6,000.00
|
|
5
|
Alumni Activities
|
10,000.00
|
|
|
10,000.00
|
|
Total (1st Year)
|
2,87,350.00
|
2,50,350.00
|
2,49,800.00
|
7,87,500.00
| |
|
6
|
Caution deposit
|
30,000.00
|
|
|
30,000.00
|
|
Total (Including Caution
deposit) |
3,17,350.00
|
2,50,350.00
|
2,49,800.00
|
8,17,500.00
| |
|
2nd Year Fees
|
| ||||
|
Sl. No
|
Particulars
|
4th Term (₹)
|
5th Term (₹)
|
6th Term (₹)
|
Total (₹)
|
|
1
|
Academic Fees
|
2,50,470.00
|
2,30,670.00
|
2,30,120.00
|
7,11,260.00
|
|
2
|
Lodging Charges
|
21,000.00
|
21,000.00
|
21,000.00
|
63,000.00
|
|
3
|
Medical Insurance Charges
|
1,200.00
|
|
|
1,200.00
|
|
Total (2nd Year)
|
2,72,670.00
|
2,51,670.00
|
2,51,120.00
|
7,75,460.00
| |
|
Total Fees (Excluding Boarding Charges)
|
15,92,960.00
| ||||
IIM Raipur Fees structure as above is subject to changes for next academic year.
16. IIM Ranchi Fees for MBA
IIM Ranchi MBA Fees structure is as below:
|
S.No |
Particular |
Term-I |
Term-II |
Term-III |
Term-IV |
Term-V |
Term-VI |
Total |
|
1 |
Acceptance fee |
1,10,000 |
- |
- |
- |
- |
- |
1,10,000 |
|
2 |
Tuition fee |
1,65,000 |
2,65,000 |
2,65,000 |
2,65,000 |
2,65,000 |
2,65,000 |
14,90,000 |
|
3 |
Hostel charges |
20,000 |
20,000 |
20,000 |
20,000 |
20,000 |
20,000 |
1,20,000 |
|
4 |
Caution deposit |
20,000 |
- |
- |
- |
- |
- |
20,000 |
|
5 |
Alumni fee |
10,000 |
- |
- |
- |
- |
- |
10,000 |
|
|
Total |
3,25,000 |
2,85,000 |
2,85,000 |
2,85,000 |
2,85,000 |
2,85,000 |
17,50,000 |
IIM Ranchi Fees structure as above is subject to changes for next academic year.
17. IIM Kashipur Fees for MBA
IIM Kashipur MBA Fees structure is as below:
|
MBA-I (2023-24)
|
MBA-II (2024-25)
| ||||||
|
Particular
|
Term-I
|
Term-II
|
Term-III
|
Term-IV
|
Term-V
|
Term-VI
|
Total
|
|
Admission fee
|
25,000
|
-
|
-
|
-
|
-
|
-
|
25,000
|
|
Course fee
|
2,84,000
|
2,82,000
|
2,82,000
|
2,84,000
|
2,82,000
|
2,82,000
|
16,96,000
|
|
Caution deposit refundable
|
9,000
|
-
|
-
|
-
|
-
|
-
|
9,000
|
|
Total fees
|
3,18,000
|
2,82,000
|
2,82,000
|
2,84,000
|
2,82,000
|
2,82,000
|
17,30,000
|
IIM Kashipur Fees structure as above is subject to changes for next academic year.
18. Baby IIMs Fees at a Glance for MBA 2023-25 Batch
Not lagging behind, Baby IIMs which started operation in 2015-16 have also announced their fee structure for 2023-25 batch. Details are as below:
|
Baby IIM
|
Fee for 2023-25 Batch (Rs. in Lakhs)
|
Fee for 2022-24 Batch (Rs. in Lakhs)
|
Percentage Increase in Fees
|
|
IIM Amritsar Fees 2023 for MBA
|
17.30
|
16.00
|
+ 8%
|
|
IIM Bodh Gaya Fees 2023 for MBA
|
17.00
|
14.95
|
+14%
|
|
IIM Jammu Fees 2023 for MBA
|
17.15
|
14.82
|
+16%
|
|
IIM Nagpur Fees 2023 for MBA
|
19.40
|
18.00
|
+ 8%
|
|
IIM Sambalpur Fees 2023 for MBA
|
13.08
|
13.08
|
0%
|
|
IIM Sirmaur Fees 2023 for MBA
|
16.20
|
14.00
|
+16%
|
|
IIM Visakhapatnam Fees 2023 for MBA
|
18.25
|
16.80
|
+ 9%
|
19. IIM Amritsar Fees for MBA
IIM Amritsar MBA Fees structure is as below:
|
Components
|
First year (2023-24)
|
Second year (2024-25)
|
|
Tuition
|
6,25,000
|
6,25,000
|
|
Academic Support
|
1,85,000
|
1,85,000
|
|
Hostel & Electricity
|
40,000
|
40,000
|
|
Student Activities & Health
|
15,000
|
15,000
|
|
Total (year wise)
|
8,65,000
|
8,65,000
|
|
Grand total (Two years)
|
17,30,000
| |
IIM Amritsar Fees structure as above is subject to changes for next academic year.
20. IIM Bodh Gaya Fees for MBA
IIM Bodh Gaya MBA Fees structure is as below:
|
Particulars
|
1st Term
|
2nd Term
|
3rd Term
|
4th Term
|
5th Term
|
6th Term
|
|
Tuition Fees
|
160000
|
160000
|
160000
|
160000
|
160000
|
160000
|
|
Hostel Rent
|
25000
|
25000
|
25000
|
25000
|
25000
|
25000
|
|
Academic Charges *
|
80000
|
80000
|
80000
|
80000
|
80000
|
80000
|
|
Admission Fee
|
15000
|
-
|
-
|
-
|
-
|
-
|
|
Annual Registration Fee
|
6000
|
-
|
-
|
6000
|
-
|
-
|
|
Student Activity Fee
|
-
|
5000
|
5000
|
5000
|
5000
|
5000
|
|
Career Development Fee
|
8000
|
8000
|
8000
|
8000
|
8000
|
8000
|
|
Alumni Activity Fee
|
-
|
-
|
-
|
-
|
-
|
5000
|
|
Convocation Fee
|
-
|
-
|
-
|
-
|
-
|
10000
|
|
Term-wise Total
|
294000
|
278000
|
278000
|
284000
|
278000
|
288000
|
|
Year-wise Total
|
850000
|
850000
| ||||
|
Course Total
|
17,00,000
| |||||
IIM Bodh Gaya Fees structure as above is subject to changes for next academic year.
21. IIM Nagpur Fees for MBA
IIM Nagpur MBA Fees structure is as below:
|
Fee Component
|
Fee Amount
|
|
Academic & Hostel Fees
|
Rs.18,90,000
|
|
Refundable Caution Deposit
|
Rs. 50,000
|
IIM Nagpur Fees structure as above is subject to changes for next academic year.
22. IIM Jammu Fees for MBA
IIM Jammu MBA Fees structure is as below:
|
First year
|
Term-I
|
Term-II
|
Term-III
|
Total fee (INR)
| |
|
Tuition fee
|
1,75,000
|
1,75,000
|
1,75,000
|
5,25,000
| |
|
Other academic/ non-academic expense
|
1,11,300
|
1,09,100
|
1,09,100
|
3,29,500
| |
|
Total fee
|
2,86,300
|
2,84,100
|
2,84,100
|
8,54,500
| |
|
Second year
|
Term-IV
|
Term-V
|
Term-VI
|
Total fee (INR)
| |
|
Tuition fee
|
1,75,000
|
1,75,000
|
1,75,000
|
5,25,000
| |
|
Other academic/ non-academic expense
|
1,17,300
|
1,09,100
|
1,09,100
|
3,35,500
| |
|
Total fee
|
2,92,300
|
2,84,100
|
2,84,100
|
8,60,500
| |
|
Total fee for the program
|
17,15,000
| ||||
IIM Jammu Fees structure as above is subject to changes for next academic year.
23. IIM Sirmaur Fees for MBA
IIM Sirmaur MBA Fees structure is as below:
|
Particulars
|
YEAR – I (2023-24)
| |||||
|
Admission Fee
|
Tuition fee
|
Hostel Charges
|
Alumni Membership Fee
|
Mediclaim
|
Total
| |
|
Term -I
|
60000
|
225000
|
30000
|
3000
|
2000
|
320000
|
|
Term -II
|
0
|
225000
|
30000
|
0
|
0
|
255000
|
|
Term -III
|
0
|
225000
|
30000
|
0
|
0
|
255000
|
|
|
|
|
|
Total Fee (A) 830000
| ||
|
|
|
|
|
|
|
|
|
YEAR – II (2024-25)
| ||||||
|
Term -IV
|
0
|
225000
|
30000
|
3000
|
2000
|
260000
|
|
Term -V
|
0
|
225000
|
30000
|
0
|
0
|
255000
|
|
Term -VI
|
0
|
225000
|
30000
|
0
|
0
|
255000
|
|
|
|
|
|
Total Fee (B) 770000
| ||
|
|
|
|
|
Total (A+B) 1600000
| ||
In addition to the above, the students are required to pay Refundable Caution Deposit of Rs. 20,000/- towards Mess, Computer Lab and Library
IIM Sirmaur Fees structure as above is subject to changes for next academic year.
24. IIM Sambalpur Fees for MBA
IIM Sambalpur MBA Fees structure is as below:
|
S.No
|
Heads
|
PGP-I
|
Installments
|
PGP-II
|
Installments
| ||||
|
2023-24
|
1
|
2
|
3
|
2024-25
|
1
|
2
|
3
| ||
|
1
|
Tuition fee
|
525000
|
175000
|
175000
|
175000
|
525000
|
175000
|
175000
|
175000
|
|
Hostel charges
|
65000
|
20000
|
20000
|
25000
|
65000
|
20000
|
20000
|
25000
| |
|
Total (Course fee)
|
590000
|
195000
|
195000
|
200000
|
590000
|
195000
|
195000
|
200000
| |
|
2
|
Refundable Caution Deposit*
|
15000
|
15000
|
-
|
-
|
-
|
-
|
-
|
-
|
|
3
|
Mess Deposit**
|
56700
|
18900
|
18900
|
18900
|
56700
|
18900
|
18900
|
18900
|
|
Grand total
|
661700
|
228900
|
213900
|
218900
|
646700
|
213900
|
213900
|
218900
| |
IIM Sambalpur Fees structure as above is subject to changes for next academic year.
25. IIM Visakhapatnam Fees for MBA
IIM Visakhapatnam MBA Fees structure is as below:
|
Details
|
Academic year-1 (2023-24)
| ||
|
Term-1
|
Term-2
|
Term-3
| |
|
Program fees
|
2,68,375
|
2,68,375
|
2,68,375
|
|
Advance for mess and other charges (including printing and photocopying charges etc.)
|
25,000
|
25,000
|
25,000
|
|
Student Welfare & Activities
|
20,000
|
-
|
-
|
|
Due Date for Payment
|
As per the admission offer letter
|
On the day of registration
|
On the day of registration
|
|
Caution Deposit (Refundable)
|
25,000
|
|
|
|
Sub-Total
|
3,38,375
|
2,93,375
|
2,93,375
|
|
Total for 1st year (A)
|
9,25,125
| ||
|
Details
|
Academic year-2 (2024-25)
|
|
|
|
Term-4
|
Term-5
|
Term-6
| |
|
Program fee
|
2,68,375
|
2,68,375
|
2,68,375
|
|
Advance for mess and other charges (including printing and photocopying charges etc.)
|
25,000
|
25,000
|
25,000
|
|
Student Welfare & Activities
|
20,000
|
-
|
-
|
|
Due Date for Payment
|
On the day of registration
|
On the day of registration
|
On the day of registration
|
|
Sub-Total
|
3,13,375
|
2,93,375
|
2,93,375
|
|
Total for 2nd year (B)
|
9,00,125
| ||
|
Grand total for two years (A + B)
|
18,25,250
| ||
IIM Visakhapatnam Fees structure as above is subject to changes for next academic year.
26. IIMs with Low Fees
IIMs MBA Fee Structure in India goes as high as Rs.25+ lakhs and also as low as Rs.13 lakhs. IIMs Lowest Fee is about Rs 13.0 Lakhs. Some of the low fees IIMs and lowest fee IIMs are shared below:
|
Low Fee IIM
|
Fee for 2023-25 Batch (Rs. in Lakhs)
|
|
IIM Sambalpur Fees
|
13.08
|
|
IIM Raipur Fees
|
15.93
|
|
IIM Sirmaur Fees
|
16.30
|
|
IIM Bodh Gaya Fees
|
17.00
|
|
IIM Jammu Fees
|
17.15
|
|
IIM Amritsar Fees
|
17.30
|
As you can see from the table above, IIMs Lowest Fee is about Rs 13.0 Lakhs. These fees are subject to changes for upcoming academic year.
27. IIM MBA Seat Intake 2024
IIM Fee Structure and Seats both are increased for 2023-25 batch. IIM fee structure is already shared above, and IIM MBA Seat intake 2023 as released by many IIMs is shared below:
|
Name of IIM with Seat Intake 2023
|
Total Seats in Flagship MBA 2023-25 Batch
|
|
IIM Ahmedabad
|
408
|
|
IIM Bangalore
|
531
|
|
IIM Calcutta
|
480
|
|
IIM Lucknow
|
480
|
|
IIM Indore
|
478
|
|
IIM Kozhikode
|
483
|
|
IIM Mumbai
|
550
|
|
IIM Udaipur
|
360
|
|
IIM Sambalpur
|
320
|
28. IIMs Fee: Impact of IIM Act 2017 or otherwise?
After getting full autonomy with the passing of IIM Act 2017 by the Parliament, IIMs have gained higher autonomy and are now awarding MBA degree instead of Post Graduate Diploma. The IIMs are not regulated by AICTE and therefore decide their fees in accordance with their requirement and also allowing for the adjustment of inflationary trends.
Stay tuned to MBAUniverse.com for more updates on MBA Fee by IIMs