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IIM Fees Structure for MBA 2 Years 2024-26 : IIM With Lowest Fee

The Indian Institutes of Management, known as IIMs, represent a collection of 20 public, autonomous institutes of management education and research in India. They offer postgraduate, doctoral, and executive education programs in the field of management. Among these offerings, the two-year full-time MBA program (formerly known as the Post Graduate Programme in Management or PGP) is the most prestigious and sought-after. In this expanded discussion, we will examine the IIM Fees for MBA 2 years, the return on investment, the availability of collateral-free loans, and the expected time required to pay off such loans.

The IIM fee structure could vary substantially, ranging from INR 13 lakhs to INR 28 lakhs. This wide range is largely dependent on the specific IIM institute. These fees generally encompass tuition, course materials, accommodation in a hostel, and various other related expenses such as library, computer, and sports facilities, medical insurance, and alumni activities, among other things.

Given this substantial investment, it’s essential to consider the return on investment (ROI). The ROI for an MBA from an IIM is typically very high, both in terms of monetary and non-monetary benefits. From a financial perspective, the ROI can be calculated as the percentage of the total cost of the program compared to the average annual package offered to students post-graduation.

MBA Entrance exams

IIM Fees For MBA 2 Years 2024

IIM Fees for MBA

The IIM Fees for MBA through CAT for all the 20 IIMs are given below. Please note that the fees structure is subject to change as per the will of the IIMs. The data shown here is taken from the original website for each IIMs.

IIM Ahmedabad Fees for MBA

IIM AHmedbad Fees

IIM Bangalore Fees for MBA

IIM Bangalore MBA Fee

NOTE: In addition to the IIM MBA fees mentioned above, students will have to pay a mess fee in advance, of Rs 30,000, each term. Also, visit the IIM Call Predictor

IIM Calcutta fees for MBA


IIM Calcutta PGP program fee is Rs 31,00,000 which can be payable in four installments:

  1. Payment of Rs 2,00,000 (commitment fee) at the time of offer acceptance.
  2. Payment of Rs 10,00,000 by April 14, 2023 (second installment) furthermore Rs 60,000 is to be paid as a security deposit by Demand Draft (DD)/ Pay order favoring IIM Calcutta along with the second installment. The security deposit amount will be refunded on completion of the PGP program after deduction/ adjustment of dues, if any.
  3. Payment of Rs 10,00,000 by July 21, 2023 (third installment)
  4. Payment of Rs 9,00,000 by November 24 (fourth installment)

IIM Lucknow Fees for MBA

IIM Lucknow Fees Structure

IIM Lucknow Fees Structure for PGP – I

Fees Structure for PGP – II

IIM Kozhikode Fees for MBA

IIM Kozhikode Fees Structure

Situtated in the lush green state of Kerela, IIM Kozhikode which is also regarded as one of the top B-schools in the country. The fees structure for PGP batch 2023 for IIM Kozhikode is given below:

IIM Indore MBA Fees for MBA

IIM Indore PGP Fees Structure

IIM Shillong Fee for MBA

IIM Shillong
  • IIM Shillong is yet to release their fee structure for MBA this year.
  • The total MBA 2 year fees for IIM Shillong in 2022 was INR 14,60,000.

IIM Trichy Fees for MBA 2 Years

IIM Trichy MBA
  • The caution deposit of Rs.30, 000/- is refundable at the time of leaving the Institute subject to the adjustment, if any.
  • The term-wise amount indicated above is payable at the beginning of each term.

IIM Amritsar Fees for MBA

IIM Amritsar

IIM Rohtak PGP Fees for MBA

  • Students also have to pay placement support fees and Alumni Support/ Membership Charges & Refundable Deposits towards the following heads:

IIM Bodhgaya Fees for MBA Through CAT

IIM Sambalpur Fees for MBA

IIM Sambalpur MBA

IIM Sirmaur fees for MBA

IIM Sirmaur

IIM Jammu Fees for MBA

IIM Jammu 2 year MBA Fees