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SupportIIM Fees for MBA: Check All IIMs MBA Cost 2026/27
Last Updated on 19 Aug 2026
MBA fees at IIMs vary significantly across institutes. Among the top IIMs, IIM Ahmedabad, IIM Bangalore and IIM Calcutta have programme fees ranging from approximately ₹26 lakh to ₹33.50 lakh for the latest batches.
The fees at the newer IIMs range from around ₹17 lakh to ₹24 lakh, while the baby IIMs have a broader range of approximately ₹14.53 lakh to ₹24 lakh.
Among the top IIMs, the latest official placement reports record average salaries between ₹28.18 LPA and ₹36 LPA. While the highest domestic package has reached ₹1.45 crore.
This article provides the latest official MBA fee structure of all 22 IIMs, along with fee components, scholarships, ROI analysis, and institute-wise payment details to help CAT 2026 aspirants compare their options.
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IIM MBA Fees: Latest Fees of 22 IIMs
The table below has the total MBA fees of all the IIMs in India.
| IIM | Total MBA Fees (2 years) |
|---|---|
| IIM Ahmedabad | ₹26.50 lakh |
| IIM Bangalore | ₹26.00 lakh |
| IIM Calcutta | ₹33.50 lakh |
| IIM Kozhikode | ₹22.50 lakh |
| IIM Lucknow | ₹21.75 lakh |
| IIM Indore | ₹24.11 lakh |
| IIM Mumbai | ₹25.00 lakh |
| IIM Shillong | ₹26.18 lakh |
| IIM Udaipur | ₹21.52 lakh |
| IIM Rohtak | ₹17.90 lakh |
| IIM Raipur | ₹20.00 lakh |
| IIM Ranchi | ₹19.20 lakh |
| IIM Guwahati | ₹19.23 lakh |
| IIM Kashipur | ₹20.80 lakh |
| IIM Tiruchirappalli (IIM Trichy) | ₹19.50 lakh |
| IIM Amritsar | ₹14.53 lakh |
| IIM Bodh Gaya | ₹17.96 lakh |
| IIM Nagpur | ₹21.00 lakh |
| IIM Jammu | ₹22.81 lakh |
| IIM Sirmaur | ₹17.50 lakh |
| IIM Sambalpur | ₹21.01 lakh |
| IIM Visakhapatnam | ₹24.00 lakh |
Also explore the Top IIMs in India
IIM Fees Structure: Key Components
The MBA fee at IIMs is not limited to tuition charges. The total programme fee generally covers several academic and campus-related expenses required during the two-year course. Most IIMs include tuition fees, hostel accommodation, library and internet facilities, course materials, alumni activities, and other academic services in the programme fee.
- Tuition Fee
- Hostel Accommodation
- Mess Charges
- Course Material
- Library Access
- Internet & IT Facilities
- Laptop/Computer Support
- Boarding & Accommodation Services
- Travel Expenses
- International Immersion Programme
- Alumni Activities
- Personal & Miscellaneous Expenses
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IIM Ahmedabad Fees for MBA
The fee for single students and married couples differs at IIM A. Check the detailed fee structure given below:
| MBA Program Phase | Single Students | Married Couples |
|---|---|---|
| 1st Commitment Fee | ₹2,00,000 | ₹2,00,000 |
| 2nd Commitment Fee | ₹12,00,000 | ₹12,00,000 |
| Balanced Course Fee | ₹16,00,000 | ₹18,00,000 |
| Total Estimated Fee | ₹24,61,000 | ₹27,00,000+ |
| Refundable Amount | ₹70,000 | ₹35,000 |
Check out the MBA Eligibility Criteria
IIM Bangalore Fees for MBA
The fees of IIM Bangalore cover Tuition, Library, Internet, Case Permission Royalty, Course Material, Hostel Room Rent and Service Charge, Medical Insurance, Personal Accident Insurance and Alumni Activity.
| Fee Component | Amount (₹) |
|---|---|
| Fees for 2 years | ₹. 26,00,000 |
| Caution Deposit (General) | ₹. 30,000 |
IIM Calcutta Fees for MBA
Check out the detailed fee breakup for IIM Calcutta for MBA program below.
| Fee Component | Amount (₹) |
|---|---|
| Total Programme Fee (2 years) | 33,50,000 |
| Commitment Fee (at the time of acceptance) | 2,00,000 |
| Second Instalment | 10,50,000 |
| Third Instalment | 10,50,000 |
| Fourth Instalment | 10,50,000 |
| Refundable Security Deposit | 60,000 |
Also Check the MBA Fees
IIM Kozhikode Fees for MBA
Here is the detailed breakup of the IIM Kozhikode for MBA below.
| Fee Component | Amount (₹) |
|---|---|
| Total Programme Fee (2 years) | 22,50,000 |
| First Instalment (at the time of Registration) | 7,50,000 |
| Remaining Programme Fee | 15,00,000 |
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IIM Lucknow Fees for MBA
Know about the PGP fee for IIM Lucknow below.
| Fee Component | Amount (₹) |
|---|---|
| Total Programme Fee (2 years) | 21,75,000 |
| Acceptance Fee | 1,00,000 |
| First Instalment (Term I) | 3,58,000 |
| Second Instalment (Term II) | 3,58,000 |
| Third Instalment (Term III) | 3,53,000 |
| Fourth Instalment (Term IV) | 3,53,000 |
| Fifth Instalment (Term V) | 3,53,000 |
| Sixth Instalment (Term VI) | 3,50,000 |
| Refundable Caution Deposit | 20,000 |
IIM Mumbai Fees
IIM Mumbai, formerly the National Institute of Industrial Engineering (NITIE), became an Indian Institute of Management following the institute’s conversion under the IIM Act. The table below provides the latest fee structure for the IIM Mumbai MBA programme, including the programme fee and refundable caution deposit.
| Particulars | Amount (₹) |
|---|---|
| MBA Programme Fee | ₹25,00,000 |
| Refundable Caution Money | ₹50,000 |
IIM Indore Fees for MBA
Check the detailed IIM Indore MBA fee structure, including the total programme fee, instalment-wise payment schedule, and additional charges.
| Fee Component | Amount (₹) |
|---|---|
| Total Programme Fee (2 years) | 24,11,800 |
| First Instalment | 4,68,000 |
| Second Instalment | 4,18,000 |
| Third Instalment | 4,18,000 |
| Fourth Instalment | 4,00,000 |
| Fifth Instalment | 4,00,000 |
| Sixth Instalment | 4,11,800 |
| Course Fee | 24,00,000 |
| Refundable Caution Deposit | 50,000 |
| Mess Deposit | 54,000 (₹18,000 × 3 instalments) |
| Alumni Fee (including GST) | 11,800 |
IIM Udaipur Fees for MBA
The following table highlights the IIM Udaipur MBA fee details, including the programme fee, offer acceptance fee, and refundable deposit.
| Particulars | Amount |
|---|---|
| MBA Programme Fee (Approx.) | ₹21.52 lakh |
| Offer Acceptance Fee | ₹1,00,000 |
| Refundable Caution Deposit | ₹20,000 |
| Programme Duration | 2 years |
IIM Trichy Fees for MBA
Refer to the table below for the complete IIM Trichy MBA fee structure, covering tuition fees, term-wise payments, mess charges, and deposits.
| Fee Component | Amount (₹) |
|---|---|
| Programme Fee (2 years) | 19,50,000 |
| Offer Acceptance Fee | 1,00,000 |
| Term I Tuition Fee | 2,25,000 |
| Term II Tuition Fee | 3,25,000 |
| Term III Tuition Fee | 3,25,000 |
| Term IV Tuition Fee | 3,25,000 |
| Term V Tuition Fee | 3,25,000 |
| Term VI Tuition Fee | 3,25,000 |
| Mess Advance | 24,000 per term |
| Refundable Caution Deposit | 30,000 |
| Amount (₹) Payable in Term I | 3,79,000 |
| Amount (₹) Payable in Terms II–VI | 3,49,000 per term |
IIM Rohtak Fees for MBA
The table below outlines the IIM Rohtak MBA fee structure, including programme fees, annual charges, and one-time deposits.
| Particulars | Amount (₹) |
|---|---|
| MBA (PGP) Programme Fee | ₹17,90,000 |
| Mess Charges | ₹48,000 per year |
| Placement Facility Charges | ₹40,000 per year |
| Development Charges | ₹10,000 per year |
| Alumni Membership Fee | ₹6,500 (One-time) |
| Refundable Caution Deposit | ₹10,000 |
| Programme Duration | 2 years |
IIM Shillong Fees for MBA
Find the latest IIM Shillong MBA fee details, including the total programme fee, acceptance fee, and instalment-wise payment schedule.
| Fee Component | Amount (₹) |
|---|---|
| Total Programme Fee (2 years) | 26,18,000 |
| Offer Acceptance Fee | 75,000 |
| First Instalment | 8,71,000 |
| Second Instalment | 4,58,000 |
| Third Instalment | 4,58,000 |
| Fourth Instalment | 4,58,000 |
| Fifth Instalment | 4,58,000 |
| Sixth Instalment | 4,58,000 |
IIM Raipur Fees for MBA
The table below presents the IIM Raipur MBA fee structure, including the programme fee and the offer acceptance fee.
| Particulars | Amount (₹) |
|---|---|
| MBA (PGP) Programme Fee | ₹20,00,000 |
| Offer Acceptance Fee | ₹1,00,000 |
IIM Ranchi Fees for MBA
Check the IIM Ranchi MBA fee structure below, including the total programme fee and the term-wise payment breakdown.
| Fee Component | Amount (₹) |
|---|---|
| Total Programme Fee (2 years) | 19,20,000 |
| Term I Fee | 3,20,000 |
| Term II Fee | 3,20,000 |
| Term III Fee | 3,20,000 |
| Term IV Fee | 3,20,000 |
| Term V Fee | 3,20,000 |
| Term VI Fee | 3,20,000 |
IIM Kashipur Fees for MBA
The table below provides the IIM Kashipur MBA fee details, including the Course fee, admission fee, caution deposit, and payment schedule.
| Particulars | Amount (₹) |
|---|---|
| MBA Programme Course Fee | ₹20,46,000 |
| Admission Fee (One-time) | ₹25,000 |
| Refundable Caution Deposit | ₹9,000 |
| Total MBA Programme Fee | ₹20,80,000 |
| Programme Duration | 2 years |
| Fee Payment | Payable in six terms |
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Baby IIM MBA Fees
The term “Baby IIMs” refers to the newer generation of Indian Institutes of Management established by India after 2014 to expand access to quality management education across the country. These institutes include IIM Amritsar, Bodh Gaya, Jammu, Nagpur, Sambalpur, Sirmaur and Visakhapatnam. While their MBA fees generally range from around ₹14.53 lakh to ₹24 lakh, they have strengthened their industry presence by improving placements and modern campuses.
IIM Amritsar Fees for MBA
IIM Amritsar follows a semester-wise fee structure, with the programme fee divided equally across the four semesters of the two-year MBA Course.
| Fee Component | Amount (₹) |
|---|---|
| Total Programme Fee (2 years) | 14,53,000 |
| Semester I Fee | 3,63,250 |
| Semester II Fee | 3,63,250 |
| Semester III Fee | 3,63,250 |
| Semester IV Fee | 3,63,250 |
| Offer Acceptance Fee | 50,000 |
| Refundable Caution Deposit | 25,000 |
IIM Bodh Gaya Fees for MBA
At IIM Bodh Gaya, the MBA fee is paid term-wise, while mess, laundry and caution deposits are charged separately as applicable.
| Fee Component | Amount (₹) |
|---|---|
| Total Programme Fee (2 years) | 17,96,000 |
| Term I Fee | 3,10,000 |
| Term II Fee | 2,94,000 |
| Term III Fee | 2,94,000 |
| Term IV Fee | 3,00,000 |
| Term V Fee | 2,94,000 |
| Term VI Fee | 3,04,000 |
| Refundable Caution Deposit | 25,000 |
| Mess & Laundry Deposit | 26,000 (Term I) |
| Mess & Laundry Deposit (Terms II–VI) | 21,000 per term |
IIM Nagpur Fees for MBA
Candidates admitted to IIM Nagpur are required to pay the MBA programme fee, with the offer acceptance fee forming part of the admission-related payment process.
| Fee Component | Amount (₹) |
|---|---|
| Total Programme Fee (2 years) | 21,00,000 |
| Offer Acceptance Fee | 1,00,000 |
IIM Jammu Fees for MBA
IIM Jammu divides the MBA fee across six terms, allowing students to pay the programme charges according to the institute’s term-wise schedule.
| Fee Component | Amount (₹) |
|---|---|
| Total Programme Fee (2 years) | 22,80,756 |
| Term I Fee | 3,79,126 |
| Term II Fee | 3,79,126 |
| Term III Fee | 3,79,126 |
| Term IV Fee | 3,85,126 |
| Term V Fee | 3,79,126 |
| Term VI Fee | 3,79,126 |
| Offer Acceptance Fee | 50,000 |
| Refundable Caution Deposit | 50,000 |
IIM Sirmaur Fees for MBA
The MBA fee at IIM Sirmaur has across six terms, with separate payments for offer acceptance and the refundable caution deposit.
| Fee Component | Amount (₹) |
|---|---|
| Total Programme Fee (2 years) | 17,50,000 |
| Term I Fee | 3,10,000 |
| Term II Fee | 2,88,000 |
| Term III Fee | 2,88,000 |
| Term IV Fee | 2,88,000 |
| Term V Fee | 2,88,000 |
| Term VI Fee | 2,88,000 |
| Offer Acceptance Fee | 50,000 |
| Refundable Caution Deposit | 20,000 |
IIM Sambalpur Fees for MBA
IIM Sambalpur’s MBA fee includes the main Course fee along with charges related to career development, student activities, alumni and mess deposits.
| Fee Component | Amount (₹) |
|---|---|
| Total Programme Fee (2 years) | 21,01,000 |
| Term I Fee | 4,16,000 |
| Term II Fee | 3,21,000 |
| Term III Fee | 3,21,000 |
| Term IV Fee | 4,01,000 |
| Term V Fee | 3,21,000 |
| Term VI Fee | 3,21,000 |
| Offer Acceptance Fee | 50,000 |
| Course Fee | 18,50,000 |
| Other Fees (Career Development, SAC Activity & Alumni Fee) | 1,05,000 |
| Mess Deposit | 1,26,000 |
| Refundable Caution Deposit | 20,000 |
IIM Visakhapatnam Fees for MBA
Apart from the programme fee, IIM Visakhapatnam also charges advance payments for facilities and services such as mess, air conditioning, printing and photocopying.
| Fee Component | Amount (₹) |
|---|---|
| Total Programme Fee (2 years) | 24,00,000 |
| Offer Acceptance Fee | 50,000 |
| Refundable Caution Deposit | 40,000 |
| Advance Charges (Mess, AC, Printing & Photocopying) | 25,000 per term (₹1,50,000 for 6 terms) |
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IIM Guwahati Fee Structure
Know about the IIM Guwahati MBA fee structure in the table below:
| Particulars | Registration Fee | Term 1 | Term 2 | Term 3 | Term 4 | Term 5 | Term 6 |
|---|---|---|---|---|---|---|---|
| Tuition Fee | ₹50,000 | ₹2,20,000 | ₹2,68,000 | ₹2,68,000 | ₹3,10,000 | ₹2,68,000 | ₹2,68,000 |
| Hostel & Facility | — | ₹24,000 | ₹25,000 | ₹25,000 | ₹24,000 | ₹25,000 | ₹25,000 |
| Tuition + Hostel & Facility | — | ₹2,44,000 | ₹2,93,000 | ₹2,93,000 | ₹3,34,000 | ₹2,93,000 | ₹2,93,000 |
| Caution Deposit (Refundable) | — | ₹15,000 | — | — | — | — | — |
| Mess Advance | — | ₹18,000 | ₹18,000 | ₹18,000 | ₹18,000 | ₹18,000 | ₹18,000 |
| Total Term-wise Fee | — | ₹3,27,000 | ₹3,11,000 | ₹3,11,000 | ₹3,52,000 | ₹3,11,000 | ₹3,11,000 |
Must Check out the MBA Colleges Ranking
IIM MBA Fees Vs Placements: Which IIM Offer Better ROI?
While MBA fees at the top IIMs range from around ₹21 lakh to ₹27 lakh, the latest official placement reports show that their average salaries range from ₹28.18 LPA to ₹36 LPA. Among the six institutes compared below, IIM Calcutta reported the highest average salary of ₹36 LPA, while IIM Ahmedabad reported a Maximum Earning Potential (MEP) of ₹35.20 LPA under the IP₹reporting framework.
The median salaries at these institutes range between ₹27 LPA and ₹35 LPA, indicating strong salary outcomes across the batch.
| IIM | MBA/PGP Fee | Average Salary | Median Salary | Highest Salary |
|---|---|---|---|---|
| IIM Ahmedabad | ₹26.50 lakh | ₹35.20 LPA | Not Disclosed | ₹1.10 Crore |
| IIM Bangalore | ₹26.00 lakh | ₹34.88 LPA | ₹32.61 LPA | Not Disclosed |
| IIM Calcutta | ₹27.00 lakh | ₹36.00 LPA | ₹35.00 LPA | ₹1.45 Crore (Domestic) |
| IIM Lucknow | ₹26.00 lakh | ₹32.30 LPA | ₹31.00 LPA | ₹75 LPA (Domestic) |
| IIM Kozhikode | ₹22.50 lakh | ₹28.18 LPA | ₹27.50 LPA | ₹81.00 LPA |
| IIM Indore | ₹21.17 lakh | ₹29.57 LPA | ₹27.00 LPA | ₹70.00 LPA |
The placement figures in the table above come from the latest placement report published by the respective IIM.
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IIM MBA scholarships
Most IIMs offer financial assistance to help students manage MBA fees. The support is mainly based on the student’s annual family income and financial need. Some IIMs also offer merit-based, merit-cum-means, alumni-funded, and corporate-sponsored scholarships. In addition, eligible students can apply for Central and State Government Scholarship schemes available at their institute.
| IIM | Official Scholarship / Financial Aid | Eligibility | Benefit |
|---|---|---|---|
| IIM Ahmedabad | Need-Based Financial Aid (NBFA) | Students from economically weaker backgrounds. Financial need is assessed based on family income, assets, liabilities and other financial parameters ₹. | Financial assistance Amount (₹) is decided after evaluation by the institute’s Financial Aid & Awards Committee. |
| IIM Bangalore | Financial Aid | Annual household income below ₹8 lakh or students facing severe unforeseen financial hardship. | Tuition fee support of 20%, 40%, 60%, 80% or 100% based on financial assessment. |
| IIM Bangalore | Aditya Birla Scholarship | First-year PGP students nominated by IIM Bangalore. Renewable in the second year based on academic performance. | ₹1.75 lakh per year. |
| IIM Bangalore | OPJEMS Scholarship | Top second-year PGP students based on First-year academic performance. | Cove₹full tuition expenses under the OPJEMS scheme. |
| IIM Bangalore | Ubuntu Scholarship | Merit-cum-means Scholarship for second-year PGP students who have applied for financial aid. | Awarded to the student with the highest financial need meeting the eligibility criteria. |
| IIM Bangalore | Deepankar Khiwani Scholarship | Merit-cum-means basis. | Awarded to two PGP students. |
| IIM Bangalore | PGP Class of 1989 Scholarship | Need-based. | Awarded to eligible students who have not received another Scholarship. |
| IIM Bangalore | Nitin Agarwal Scholarship | Need-based. | Awarded to a student with the highest financial aid score below the financial aid cut-off. |
| IIM Bangalore | PGP 1998 Batch Scholarship | Differently abled students on a merit-cum-needs basis. | scholarships for four students admitted under the PwD category. |
| IIM Shillong | Government scholarships | SC, ST, OBC, EWS and other eligible categories as per Government norms. | The institute facilitates Central and State Government Scholarship schemes; no separate institute-funded Scholarship list is published on the official website. |
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Virendra Soni
Virendra heads SEO & Content at LPT. A writer at heart, he focuses on building exam-focused content that informs, guides, and supports aspirants in their preparation journey.