Each IIM releases its fee structure in the admission offer before the beginning of the programme and specifically mentions which expenses are not covered in the respective IIM MBA fee structure.
IIM Fees for MBA 2020-22
Each IIM Fees for 2 years PGP (MBA) program 2020-22 is shared below. Top IIMs like IIM Ahmedabad, Bangalore, Calcutta and few others may increase their fee by 5 to 10 percent for the batch 2020-22 before the session commencement.
IIM MBA Fee Structure: Key Components
There are 10-11 key components that constitute the IIM Fees for MBA. While the admission fee between Rs.50,000 to 2,50,000 has to be paid after accepting the admission offer by the stipulated date, rest of the IIM fee has to be paid semester wise.
Part-1: Academic Fee
- Tuition fee
- Course material
- Internet facility
- Laptop and computer
- Study Tours
- International Immersion (If applicable)
- Alumni Charges
Part-2: Residential & Other Expenses
- Hostel charges depending upon single occupancy or double occupancy
- Mess charges
- Miscellaneous expenses
Part-3: Personal Expenses
- Clothing, Dressing, outing expenses
- Personal Stationery Expenses
- Laundry & Maintenance Expenses
IIMs increase MBA Fee Annually
IIM Ahmedabad, Bangalore, Calcutta and other IIMs increase their fee for each academic session. So far, most of the IIMs have announced the prospects for MBA Fee increase for the coming batch. IIM Ahmedabad, IIM Calcutta, IIM Bangalore, are set to increase their fee further.