IIM MBA Fees – Detailed Fee Structure, Hostel Fee, RoI (Updated)

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IIM MBA Fees
IIM MBA Fees

IIM fees for MBA ranges between Rs. 17 lakhs to Rs. 27 lakhs. The fee and ROI of top IIMs are quite high. IIM MBA fees depend from college to college and the course that has been opted for. The highest MBA fees from IIMs is Rs. 27 lakhs (IIM Calcutta). The cost of an MBA from IIM has been categorized into 3 categories depending on the establishment year.

One of the major reasons for doing an MBA program from top Indian Institutes of Management is the Return of Investment. The cost of MBA from IIM that is new according to the establishment year, ranges between Rs. 17.50 lakh to Rs. 26.18 lakh. IIMs that were established after 2010 are known as Baby IIMs including IIM Sambalpur, IIM Jammu, IIM Nagpur, IIM Amritsar, and IIM Bodhgaya. IIM MBA fees for the IIMs who are established after 2010 ranges between Rs. 17.50 lakh to Rs. 21 lakh. It is important to check the IIM MBA fees for 2 years in advance as it helps them manage their finances effectively without last-minute hassle. Candidates who are aspiring to take admission to either top IIMs, new or baby IIMs can check the detailed fees for their respective MBA program here.

Understanding the updated IIM MBA fees is really crucial for all the students who are planning to pursue management education from the premiere B-Schools in the country. Each Indian Institute of Management has its own fee policy based on factors such as faculty, infrastructure, placement track record and program structure. With the rise in demand for MBA programs and increase in tuition fees, comparing IIM MBA fees among old, new and baby IIMs allows CAT aspirants to make better financial decisions. This blog is a comprehensive guide about the categorization of IIM MBA fees across the old IIMs like IIM Ahmedabad, IIM Bangalore, IIM Calcutta, etc., new IIMs and baby IIMs. It is understood by the candidates that they should be more focused towards the IIM MBA fees along with other major responsible factors to plan their finances in advance for the MBA program with a proper strategy across the cost of MBA from IIMs.

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IIM MBA Fees for Top IIMs

This section covers the top IIMs like IIM Ahmedabad, IIM Bangalore and IIM Calcutta with the fees structure of

IIM ABCIIM MBA Fees (In Lakhs)
IIM AhmedabadINR 25.00 lakh
IIM BangaloreINR 24.50 lakh
IIM CalcuttaINR 27.00 Lakh

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 AhmedabadINR 25.00 lakhINR 34.45 LPA
IIM BangaloreINR 24.50 lakhINR 35.92 LPA
IIM CalcuttaINR 27.00 LakhINR 35.07 LPA
IIM LucknowINR 20.70 lakhINR 30.00 LPA
IIM KozhikodeINR 20.50 lakhINR 29.20 LPA
IIM MumbaiINR 14.00 lakhINR 29.44 LPA
IIM IndoreINR 21.17 lakhINR 25.68 LPA
IIM RaipurINR 18.00 lakhINR 21.04 LPA
IIM VisakhapatnamINR 17.82 lakhINR 15.61 LPA
IIM ShillongINR 17.50 lakhINR 26.10 LPA
IIM TrichyINR 19.50 lakhINR 19.43 LPA
IIM RanchiINR 17.20 lakhINR 18.69 LPA
IIM RohtakINR 17.90 lakhINR 19.27 LPA
IIM KashipurINR 17.30 lakhINR 18.10 LPA
IIM JammuINR 18.85 lakhINR 15.48 LPA
IIM UdaipurINR 14.96 lakhINR 18.80 LPA
IIM BodhgayaINR 17.96 lakhINR 13.09 LPA
IIM AmritsarINR 21.00 lakhINR 16.51 LPA
IIM NagpurINR 18.90 lakhINR 16.29 LPA
IIM SambalpurINR 21.01 lakhINR 14.21 LPA
IIM SirmaurINR 17.50 lakhINR 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.

Why is IIM MBA fee high?

Getting into IIMs is a common dream shared by CAT aspirants. Since the RoI is high the high fee charged is overlooked as student get a lot of financing options via banks and scholarship. To provide top level quality education the cost increases and therefore IIM MBA fee is high. Since the college incurs expenditure on infrastructure facilities, fests, salaries of the top notch faculty, internation immersion programs, industrial training, etc the fee charged is high.

IIM MBA Fees Refund Policy

Many students upgrade their college to a better IIM during waitlist or some other reason for which the want to withdraw their IIM fees that they have paid. To the IIMs have a withdrawal policy for the refund of your MBA fees.

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 NameCategoryApprox. MBA Fees
IIM AhmedabadOld IIMs26.50 Lakh
IIM BangaloreOld IIMs26.00 Lakh
IIM CalcuttaOld IIMs27 Lakh
IIM LucknowOld IIMs20.75 Lakh
IIM IndoreOld IIMs21.16 Lakh
IIM KozhikodeOld IIMs23.50 Lakh
IIM MumbaiOld IIMs21 Lakh
IIM ShillongNew IIMs25.00 Lakh
IIM RanchiNew IIMs19.20 Lakh
IIM RohtakNew IIMs17.00 Lakh
IIM RaipurNew IIMs18 Lakh
IIM TrichyNew IIMs16 Lakh
IIM KashipurNew IIMs17.30 Lakh
IIM UdaipurNew IIMs18.00 Lakh
IIM AmritsarBaby IIMs21 Lakh
IIM Bodh GayaBaby IIMs17.96 Lakh
IIM JammuBaby IIMs20.73 Lakh
IIM NagpurBaby IIMs21.00 Lakh
IIM SambalpurBaby IIMs21 Lakh
IIM SirmaurBaby IIMs20.00 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 IIMsApprox. IIM MBA Fees
IIM Ahmedabad26.50 Lakh
IIM Bangalore26.00 Lakh
IIM Calcutta27 Lakh
IIM Lucknow20.75 Lakh
IIM Indore21.16 Lakh
IIM Kozhikode23.50 Lakh
IIM Mumbai21 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 IIMsApprox. MBA Fees
IIM Shillong25.00 Lakh
IIM Ranchi19.20 Lakh
IIM Rohtak17.00 Lakh
IIM Raipur18 Lakh
IIM Trichy16 Lakh
IIM Kashipur17.30 Lakh
IIM Udaipur18.00 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 IIMsApprox. MBA Fees
IIM Amritsar 21 Lakh
IIM Bodh Gaya17.96 Lakh
IIM Jammu20.73 Lakh
IIM Nagpur21.00 Lakh
IIM Sambalpur21 Lakh
IIM Sirmaur20.00 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:

IIMIIM Executive MBA Fees (Approx)
IIM AhmedabadPGPX: INR 34.15 Lakh
IIM BangalorePGPEM- Rs 20.11 Lakh
IIM CalcuttaMBAEx- Rs 31 Lakh
IIM LucknowPGPWE- Rs 14 Lakh
IIM IndoreGMPE- Rs 5.90 Lakh
IIM KozhikodeEPGP- Rs 15.50 Lakh
IIM TrichyPGPBM- Rs 11.80 Lakh
IIM RanchiPGEXP- Rs 12.50 Lakh
IIM RaipurePGP- Rs 12.25 Lakh
IIM UdaipurMBA in Global Supply Chain Management- Rs 22.60 Lakh
IIM RohtakePGPx- INR 7.15 Lakh
IIM VishakhapatnamPGPEx- Rs 10.80 Lakh
IIM KashipurMBAWx- Rs 12 Lakh
IIM ShillongMBAWx- Rs 12 Lakh

IIM MBA Fees 2025 (Comparative Table)

CategoryIIMs CoveredMBA Fees Range (INR)Average Fee (Approx.)
Old IIMsIIM Ahmedabad
IIM Bangalore
IIM Calcutta
IIM Lucknow
IIM Indore, etc.
20.75 lakhs – 27 lakhs24.70 lakhs
New IIMsIIM Ranchi
IIM Raipur
IIM Trichy
IIM Udaipur
IIM Shillong, etc.
16 lakhs – 25 lakhs18.80 lakhs
Baby IIMsIIM Jammu
IIM Sambalpur
IIM Nagpur
IIM Amritsar
IIM Sirmaur, etc.
17.96 lakhs – 21 Lakhs20.00 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

IIMHostel Fees (Approx)
IIM AhmedabadRs 2 Lakh to Rs 3 Lakh
IIM BangaloreRs 1.90 Lakh to 2 Lakh+
IIM CalcuttaRs 1.80 Lakh to Rs 2 Lakh+
IIM LucknowRs 95k to Rs 1.35 Lakh+
IIM IndoreRs 1 Lakh+
IIM KozhikodeRs 1.20 Lakh+
IIM TrichyRs 1.20 Lakh+
IIM RanchiRs 1.20 Lakh
IIM SambalpurRs 50,000 to Rs 1 Lakh+
IIM RohtakRs 1.10 Lakh+
IIM VishakhapatnamRs 75k to Rs 1 Lakh+
IIM KashipurRs 90,000+
IIM RaipurRs 60,000+
IIM UdaipurRs 80,000+
IIM NagpurRs 75000+
IIM Bodh GayaRs 70,000+
IIM AmritsarRs 60,000+
IIM JammuRs 50,000+
IIM SirmaurRs 50,000+
IIM ShillongRs 1 Lakh+
IIM MumbaiRs 70,000+

Conclusion: IIM MBA Fees (Updated)

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- FAQs

What is the fees of MBA in IIM?

The fees of MBA in IIM varies and it ranges between Rs 27 lakhs to Rs 17 lakhs.

Which IIM has the lowest fee?

IIM Bodh Gaya, IIM Trichy and IIM Rohtak have the lowest MBA fee which is around Rs 17 lakh.

What is IIM Ahmedabad fees?

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.

Does the ROI justify the IIM MBA fees?

Yes despite having the high MBA fees, there are many IIMs which offers strong ROI due to their excellent placement records.

Do baby IIMs have lower MBA fees compared to old IIMs?

Yes baby IIMs generally have lower MBA fees as compared to the old IIMs.

Is the cost of MBA from IIM remains the same across all the campuses?

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.

How students manage the high cost of IIM MBA?

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.

What are the average MBA fees at IIM for new IIMs?

The average MBA fees at IIM for new IIMs are approximate around 16-25 lakhs.

Are MBA fees from IIM worth the investment?

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.

Why it is important to knowing the MBA fees at IIM?

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.

Is it easy to recover the IIM MBA fees for 2 years?

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.

What are all top Indian Institutes of Management?

The top Indian Institutes of Management covering the IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode and IIM Indore.

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