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.

Institute NameFees (Rs.in Lakhs)
IIM Ahmedabad: Indian Institute of Management23
IIM Calcutta: Indian Institute of Management22.50
IIM Bangalore: Indian Institute of Management23.20
IIM Lucknow: Indian Institute of Management19.25
IIM Kozhikode: Indian Institute of Management20.50
IIM Indore: Indian Institute of Management17.06
IIM Trichy: Indian Institute of Management Tiruchirappalli16.50
IIM Shillong: Indian Institute of Management18.56
Indian Institute of Management (IIM) Udaipur18.65
IIM Kashipur: Indian Institute of Management14.75
Indian Institute of Management (IIM) Ranchi16.30
Indian Institute of Management (IIM) Jammu14.82
Indian Institute of Management (IIM) Raipur14.21
IIM Rohtak: Indian Institute of Management16.65
IIM Nagpur: Indian Institute of Management13.75
IIM Visakhapatnam: Indian Institute of Management14.33
Indian Institute of Management (IIM) Amritsar13.20
Indian Institute of Management (IIM) Sirmaur11.75
Indian Institute of Management (IIM) Bodhgaya Bihar12.95
Indian Institute of Management (IIM) Sambalpur13.03

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

Part-2: Residential & Other Expenses

Part-3: Personal 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.


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