IIM fees for MBA range between Rs 17 lakhs to Rs 27 lakhs. The fee and ROI of IIM are quite high. IIM MBA fees depend from college to college and the course that has been opted for. The highest MBA fees from IIM is Rs 27 lakh from IIM Calcutta. The cost of an IIM MBA in India have been categorized into 3 categories depending on their establishment year. IIMs that are the oldest such as IIM Ahmedabad, IIM Calcutta, IIM Indore, IIM Lucknow, IIM Kozhikode, etc. are called the old IIMs. New IIMs such as IIM Ranchi, IIM Raipur, IIM Udaipur, IIM Trichy, etc. that were established after 2000 are called the new IIMs in India.
One of the major reaons of doing an MBA from IIM is the RoI. The average package of top IIMs is Rs 35 LPA. The cost of an IIM MBA that are new ranges between Rs 17.50 lakh to Rs 26.18 lakhs. IIMs that were established after 2010 are known as Baby IIMs and include IIM Sambalpur, IIM Jammu, IIM Nagpur, IIM Amritsar and IIM Bodhgaya. MBA fees at IIM that are established after 2010 range between Rs 17.50 lakh to Rs 21 lakh. It is crucial to check the IIM Fees for MBA 2 years in advance as it helps them manage finances effectively. Candidates aspiring to take admission to IIMs can check the IIM MBA fees 2025 here.
Understanding the IIM MBA fees structure in 2025 is important for all the students who are planning to pursue management education from the premiere B-schools. Each IIM has its own fee policy based on factors such as infrastructure, faculty, program structure and placement track record. With the rise in demand for MBA programs and increase in tuition fees, comparing IIM MBA fees among old, baby and new IIMs allows aspirants to make better financial decisions. In this blog, we will be talking about the categorization of MBA fees at IIM across the old IIMs, Baby IIMs and new IIMs along with the executive MBA program fees at IIMs. It is important for candidates that they should be more focused towards the IIM MBA fees along with other responsible factors to plan the finances in advance with a proper strategy across the cost of MBA from IIMs.
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Why Should You Consider Knowing the IIM MBA Fees?
Understanding the MBA fees at IIM helps candidate in planning finances in advance and will able to compare programs from various IIMs (Indian Institutes of Management). The cost of MBA from IIM is slightly higher in case of old IIMs like IIM Calcutta, IIM Ahmedabad, IIM Bangalore and more but comparatively having good median and average salary packages.
Apart from the IIM MBA fees, there are various IIMs which provides the scholarships and other financial aid which help candidates to get flexibility while serving MBA fees at IIMs.
IIM MBA Fees vs RoI
This section covers the MBA fees at IIM covering the IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Kozhikode, IIM Mumbai, IIM Indore and more. Among all the IIMs mentioned below in the table, IIM Calcutta has the highest IIM MBA fees of Rs. 27 lakhs, IIM Ahmedabad having a fees structure of 25 lakhs with the average package of 34.45 LPA. The complete information about the MBA fees from IIMs are mentioned in the table below.
MBA Fees at IIMs – Fees & Average Package
| IIM (Indian Institutes of Management) | IIM MBA Fees (In Lakhs) | Average Package |
| IIM Ahmedabad | INR 25.00 lakh | INR 34.45 LPA |
| IIM Bangalore | INR 24.50 lakh | INR 35.92 LPA |
| IIM Calcutta | INR 27.00 Lakh | INR 35.07 LPA |
| IIM Lucknow | INR 20.70 lakh | INR 30.00 LPA |
| IIM Kozhikode | INR 20.50 lakh | INR 29.20 LPA |
| IIM Mumbai | INR 14.00 lakh | INR 29.44 LPA |
| IIM Indore | INR 21.17 lakh | INR 25.68 LPA |
| IIM Raipur | INR 18.00 lakh | INR 21.04 LPA |
| IIM Visakhapatnam | INR 17.82 lakh | INR 15.61 LPA |
| IIM Shillong | INR 17.50 lakh | INR 26.10 LPA |
| IIM Trichy | INR 19.50 lakh | INR 19.43 LPA |
| IIM Ranchi | INR 17.20 lakh | INR 18.69 LPA |
| IIM Rohtak | INR 17.90 lakh | INR 19.27 LPA |
| IIM Kashipur | INR 17.30 lakh | INR 18.10 LPA |
| IIM Jammu | INR 18.85 lakh | INR 15.48 LPA |
| IIM Udaipur | INR 14.96 lakh | INR 18.80 LPA |
| IIM Bodhgaya | INR 17.96 lakh | INR 13.09 LPA |
| IIM Amritsar | INR 21.00 lakh | INR 16.51 LPA |
| IIM Nagpur | INR 18.90 lakh | INR 16.29 LPA |
| IIM Sambalpur | INR 21.01 lakh | INR 14.21 LPA |
| IIM Sirmaur | INR 17.50 lakh | INR 14.45 LPA |
Cost of MBA From IIM 2025
The cost of IIM MBA certainly depends on various factors such as experienced professors, infrastructural facilities, placements, industry tie-ups, exposure, environment and other important details. The high IIM MBA fees structure may look unaffordable to many aspirants, but due to the current autonomy and IIM top-notch facilities for students, the cost of IIM MBA is justified.
Still, if someone is unable to get into these colleges because of the high MBA fees at IIM, the colleges provide you with many scholarships, fee waivers, and other monetary benefits on merit or category basis. To help, we have shared the IIM Fees for MBA through CAT for the reference of the candidates.
Apart from facilities like scholarships and fee waivers, students should also take the cost of MBA from IIM in terms of its long term ROI for their career. The MBA fees from IIM might look very high initially to the students but it covers very strong placement opportunities, international work exposure, and a strong alumni network for management aspirants. Most students in IIM easily manage to recover their financial expenses after graduation which is making the cost of IIM one of the best career investments in India for those who are dreaming to pursue MBA from IIMs. There are different top tier companies visiting the IIMs campuses to provide summer placements to students which is really helpful for students to cover their cost of MBA from IIMs. Companies involving Accenture Strategy, American Express, Bain and Company, Goldman Sachs, Delhivery and more to offer good salary packages which helps them covering the IIM MBA fees with high Return of Investment (RoI).
IIM MBA Fees 2025
The IIM MBA fees 2025 vary across different IIMs based on old, new and baby IIMs. Among these, IIM Calcutta has the highest fee structure at 27 lakhs, followed by the IIM Ahmedabad at 26.50 lakh and IIM Bangalore at 26 lakhs. In contrast to that IIM Lucknow, IIM Indore, IIM Kozhikode and IIM Mumbai have fees ranging between 20.75 lakhs and 23.50 lakhs. Moving to the new IIMs, the IIM MBA fees range from 16 lakhs at IIM Trichy to 25 lakhs at IIM Shillong. Totally understanding the full wave of IIM MBA fees is important for aspirants making informed financial and academic decisions.
While the MBA Fees at IIM seem very high in the start, actually understanding the cost of MBA from IIM in terms of long term ROI makes it more flexible to students. The MBA fees at IIM include not only the quality education but also the global alumni networks, exchange program as well as strong placement support. Many students also get advantage through scholarship and the financial aid that further reduces the cost of MBA from IIMs for students. In addition to that, the MBA fees at IIM should be viewed as a career investment for a long run and provides strong career opportunities in various domains like finance, consulting, strategy and more.
MBA Fees at IIM – Old, New and Baby IIMs
The MBA fees at IIM varies according to the old, new and baby IIMs to reflect differences in features like faculties, brand value and more. For management aspirants, covering the cost of MBA from IIM along with the strong placement records and industry exposure opportunities is important to make a better decision. Even when it comes to the IIM MBA fees may seem real with fee waivers, scholarships as well as various financial options that can help manage the cost of IIM MBA the well paying management education in India.
Here is a table mentioned below covers the IIMs, IIM Category as well as the approx MBA fees at IIM.
| IIM Name | Category | Approx. MBA Fees |
| IIM Ahmedabad | Old IIMs | 26.50 Lakh |
| IIM Bangalore | Old IIMs | 26.00 Lakh |
| IIM Calcutta | Old IIMs | 27 Lakh |
| IIM Lucknow | Old IIMs | 20.75 Lakh |
| IIM Indore | Old IIMs | 21.16 Lakh |
| IIM Kozhikode | Old IIMs | 23.50 Lakh |
| IIM Mumbai | Old IIMs | 21 Lakh |
| IIM Shillong | New IIMs | 25.00 Lakh |
| IIM Ranchi | New IIMs | 19.20 Lakh |
| IIM Rohtak | New IIMs | 17.00 Lakh |
| IIM Raipur | New IIMs | 18 Lakh |
| IIM Trichy | New IIMs | 16 Lakh |
| IIM Kashipur | New IIMs | 17.30 Lakh |
| IIM Udaipur | New IIMs | 18.00 Lakh |
| IIM Amritsar | Baby IIMs | 21 Lakh |
| IIM Bodh Gaya | Baby IIMs | 17.96 Lakh |
| IIM Jammu | Baby IIMs | 20.73 Lakh |
| IIM Nagpur | Baby IIMs | 21.00 Lakh |
| IIM Sambalpur | Baby IIMs | 21 Lakh |
| IIM Sirmaur | Baby IIMs | 20.00 Lakh |
MBA Fees at IIM 2025 – Old IIMs
CAT aspirants aim to get admission at any one of the old IIMs as they are amongst the most prestigious IIMs in India. The fee of old IIMs in India ranges between Rs 20.50 lakhs to Rs 27 lakhs. IIM Ahmedabad is the most prestigious management institute. Therefore, the IIM Ahmedabad fee is Rs 26.10 lakhs. Check the cost of IIM MBA that offers most promising careers after graduation to its students. Here is the old IIM MBA Fees structure shared below for the clarity of the candidates. In this section we are covering IIM MBA fees for old IIMs.
IIM MBA Fees 2025
The MBA Fees at IIM 2025 for old IIMs covers the premium education quality, strong placement opportunities and others that these institutes offer. The MBA fees at IIM ranges from 20.75 lakh at IIM Lucknow to 27 lakh at IIM Calcutta which is showing some variations based on the institute. Consider strong network opportunities, career prospects as well as the global recognition that these institutes have in the field of management. Even with the high cost of IIM MBA, students want financial aid or scholarship to make the entire MBA program flexible and good to go. Here is a table mentioned below that covers the approx IIM MBA fees of old IIMs.
| Old IIMs | Approx. IIM MBA Fees |
| IIM Ahmedabad | 26.50 Lakh |
| IIM Bangalore | 26.00 Lakh |
| IIM Calcutta | 27 Lakh |
| IIM Lucknow | 20.75 Lakh |
| IIM Indore | 21.16 Lakh |
| IIM Kozhikode | 23.50 Lakh |
| IIM Mumbai | 21 Lakh |
IIM MBA Fees Structure – New IIMs Established After 2000
The cost of IIM MBA that were established after 2000 ranges between Rs 17.50 lakh to Rs 26.18 lakh. Even though these IIMs are new, they certainly get an advantage over other newly established MBA colleges based on great facilities and IIM tag. Over the years, many of these IIMs saw a surge in placement figures and an increase in overall growth. Therefore, providing more scope for justified MBA fees at IIM and competing with the old IIMs. Check out the MBA fees from IIM that were established after 2000.
New IIM MBA Fees 2025
In this section we are covering the new MBA Fees at IIM:
Among the new IIMs, IIM Shillong has the highest MBA fees covering 25 lakhs followed by IIM Ranchi and IIM Udaipur covering 18 lakhs. The complete information about the MBA fees at IIM (new IIMs) is mentioned in the table below in a detailed manner.
| New IIMs | Approx. MBA Fees |
| IIM Shillong | 25.00 Lakh |
| IIM Ranchi | 19.20 Lakh |
| IIM Rohtak | 17.00 Lakh |
| IIM Raipur | 18 Lakh |
| IIM Trichy | 16 Lakh |
| IIM Kashipur | 17.30 Lakh |
| IIM Udaipur | 18.00 Lakh |
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Baby IIM MBA Fees
The MBA fees of baby IIM in India range between Rs 17.50 lakhs to Rs 20.73 lakhs. These baby IIMs were established after 2010. Therefore, most of the baby IIMs are in the group of CAP IIMs and interview students for their group. In recent updates, IIM Sambalpur took an exit from the CAP group and now it will conduct its own interview process. Check out the cost of IIM MBA that were established after 2010.
Despite being a baby IIM, the MBA fees at IIM still cover the quality of education, placement opportunities, and a tag of IIM. The cost of MBA from IIM may be less for these institutes if we compare with the old IIMs but the quality and the value of teaching remains good. Many students will benefit from scholarships and fee waivers that helps in managing the IIM MBA fees properly. Totally, the cost of IIM MBA from baby IIMs is a great investment for aspirants who are looking for the quality management education at a flexible fees range.
MBA Fees at IIM 2025 (Baby IIMs)
In this section we are covering the MBA fees at IIM covering the approximate MBA fees structure of all the baby IIMs.
| Baby IIMs | Approx. MBA Fees |
| IIM Amritsar | 21 Lakh |
| IIM Bodh Gaya | 17.96 Lakh |
| IIM Jammu | 20.73 Lakh |
| IIM Nagpur | 21.00 Lakh |
| IIM Sambalpur | 21 Lakh |
| IIM Sirmaur | 20.00 Lakh |
IIM Executive MBA Fees 2025-27
Along with full-time MBA programs, IIM also provide admissions to an executive MBA or EMBA for working professionals. The admission to this program is based on performance in the CAT/GMAT exam. Here is the IIM executive MBA fee structure for all institutes shared below for reference purposes. The table mentioned below covers the detailed information of IIM MBA fees for executive MBA.
IIM MBA Fees for Executive MBA
Here is a table mentioned below that covers the approximate IIM fees for the executive MBA:
| IIM | IIM Executive MBA Fees (Approx) |
| IIM Ahmedabad | PGPX: INR 34.15 Lakh |
| IIM Bangalore | PGPEM- Rs 20.11 Lakh |
| IIM Calcutta | MBAEx- Rs 31 Lakh |
| IIM Lucknow | PGPWE- Rs 14 Lakh |
| IIM Indore | GMPE- Rs 5.90 Lakh |
| IIM Kozhikode | EPGP- Rs 15.50 Lakh |
| IIM Trichy | PGPBM- Rs 11.80 Lakh |
| IIM Ranchi | PGEXP- Rs 12.50 Lakh |
| IIM Raipur | ePGP- Rs 12.25 Lakh |
| IIM Udaipur | MBA in Global Supply Chain Management- Rs 22.60 Lakh |
| IIM Rohtak | ePGPx- INR 7.15 Lakh |
| IIM Vishakhapatnam | PGPEx- Rs 10.80 Lakh |
| IIM Kashipur | MBAWx- Rs 12 Lakh |
| IIM Shillong | MBAWx- Rs 12 Lakh |
IIM MBA Fees 2025 (Comparative Table)
| Category | IIMs Covered | MBA Fees Range (INR) | Average Fee (Approx.) |
| Old IIMs | IIM Ahmedabad IIM Bangalore IIM Calcutta IIM Lucknow IIM Indore, etc. | 20.75 lakhs – 27 lakhs | 24.70 lakhs |
| New IIMs | IIM Ranchi IIM Raipur IIM Trichy IIM Udaipur IIM Shillong, etc. | 16 lakhs – 25 lakhs | 18.80 lakhs |
| Baby IIMs | IIM Jammu IIM Sambalpur IIM Nagpur IIM Amritsar IIM Sirmaur, etc. | 17.96 lakhs – 21 Lakhs | 20.00 lakhs |
IIM MBA Fees for Hostel
The MBA Fees at IIM for hostel are different for every institute. The IIM Hostel fees typically range between INR 50,000 to INR 3,00,000+. The highest IIM hostel fees for the MBA course is charged IIMA and IIMB, while the hostel charges of IIM Jammu and IIM Sambalpur are comparatively low. Here is the IIM MBA Hostel fee structure shared below for reference purposes.
Hostel Fees at IIMs
| IIM | Hostel Fees (Approx) |
| IIM Ahmedabad | Rs 2 Lakh to Rs 3 Lakh |
| IIM Bangalore | Rs 1.90 Lakh to 2 Lakh+ |
| IIM Calcutta | Rs 1.80 Lakh to Rs 2 Lakh+ |
| IIM Lucknow | Rs 95k to Rs 1.35 Lakh+ |
| IIM Indore | Rs 1 Lakh+ |
| IIM Kozhikode | Rs 1.20 Lakh+ |
| IIM Trichy | Rs 1.20 Lakh+ |
| IIM Ranchi | Rs 1.20 Lakh |
| IIM Sambalpur | Rs 50,000 to Rs 1 Lakh+ |
| IIM Rohtak | Rs 1.10 Lakh+ |
| IIM Vishakhapatnam | Rs 75k to Rs 1 Lakh+ |
| IIM Kashipur | Rs 90,000+ |
| IIM Raipur | Rs 60,000+ |
| IIM Udaipur | Rs 80,000+ |
| IIM Nagpur | Rs 75000+ |
| IIM Bodh Gaya | Rs 70,000+ |
| IIM Amritsar | Rs 60,000+ |
| IIM Jammu | Rs 50,000+ |
| IIM Sirmaur | Rs 50,000+ |
| IIM Shillong | Rs 1 Lakh+ |
| IIM Mumbai | Rs 70,000+ |
Conclusion: IIM MBA Fees 2025
The IIM MBA fees 2025 may vary across the old, new and baby IIMs but the overall investment of students is justified by the academic growth, strong placement opportunities as well as the brand recognition. As well as there are different scholarships and financial aid available to make the whole MBA program flexible. The MBA fees at IIM would be a great ROI for management students because of the amazing career opportunities in various domains.
IIM MBA Fees 2025 – FAQs
The fees of MBA in IIM varies and it ranges between Rs 27 lakhs to Rs 17 lakhs.
IIM Bodh Gaya, IIM Trichy and IIM Rohtak have the lowest MBA fee which is around Rs 17 lakh.
IIM Ahmedabad MBA fees are Rs 26.50 lakhs. This IIM is the most prestigious institute and has been ranked 1 in the NIRF Ranking 2024.
Yes despite having the high MBA fees, there are many IIMs which offers strong ROI due to their excellent placement records.
Yes baby IIMs generally have lower MBA fees as compared to the old IIMs.
No, actually the cost of MBA from IIM varies according to the institute. Old IIMs generally have higher fees which are between 20-27 lakhs whereas for the baby IIMs fees are relatively low as compared to old IIMs.
The students or candidates can easily manage the high cost of IIM MBA through financial aid or scholarships, loan facilities from banks that makes the whole MBA program flexible.
The average MBA fees at IIM for new IIMs are approximate around 16-25 lakhs.
Yes, the MBA fees from IIM is a worth investment as strong ROI for the long run investment that includes the strong network of alumni, faculties, environment as well as the strong placement opportunities.
Understanding the MBA fees at IIM helps candidate in planning finances in advance and will able to compare programs from various IIMs (Indian Institutes of Management). The cost of MBA from IIM is slightly higher in case of old IIMs like IIM Calcutta, IIM Ahmedabad, IIM Bangalore and more but comparatively having good median and average salary packages.
Yes there are various top tier companies visiting the IIMs campus like Boston Consulting Group, Accenture Strategy, and many more which provides amazing packages to the candidates with relatively high RoI (Return of Investment) which makes it easier for the candidates to recover the IIM MBA fees for 2 years.
The top Indian Institutes of Management covering the IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode and IIM Indore.





