IIM MBA Fees, Detailed Fees Structure of IIMs (Updated)

Along with the best ROI, IIMs MBA fees is also higher comparative to other tier 3 MBA colleges in India. There are many candidates who get confused about whether they have to pursue masters from top IIM colleges in India or not due to higher MBA fees at IIMs. The fees structure for IIM Ahmedabad is 27.50 lakhs and it is a dream college for many candidates to pursue MBA while the average package is typically higher which is around 35.50 LPA. Similarly, to help candidates about IIM MBA fees, we have mentioned the detailed fees structure and average package for BLACKI IIMs in the table. Candidates should start with the top MBA colleges and later we have discussed the same term for new and baby IIMs too.

BLACKI IIM MBA Fees

Indian Institutes of Management	IIM MBA Fees (In Lakhs)	Average Package (in LPA)
IIM Ahmedabad	INR 27.50 lakhs	INR 35.50 LPA
IIM Bangalore	INR 26.30 lakhs	INR 34.88 LPA
IIM Calcutta	INR 27.00 lakhs	INR 34.23 LPA
IIM Lucknow	INR 20.75 lakhs	INR 32.30 LPA
IIM Kozhikode	INR 23.50 lakhs	INR 28.05 LPA
IIM Indore	INR 21.15 lakhs	INR 29.57 LPA

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IIM MBA Fees for Top IIMs

The cost of MBA from IIMs usually differs as per Indian Institute of Management. The fees structure for IIM Ahmedabad is 27.50 lakh where as IIM Bangalore covers fees structure of 26.30 Lakh and for IIM Calcutta, it is 27 lakh. The detailed table is specified below.

Top MBA Colleges in India	IIM MBA Fees (In Lakhs)
IIM Ahmedabad	INR 27.50 lakh
IIM Bangalore	INR 26.30 lakh
IIM Calcutta	INR 27.00 Lakh

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 Ahmedabad has the highest IIM MBA fees of Rs. 27.50 lakhs, IIM Calcutta having a fees structure of 27 lakhs with the average package of 35.50 LPA. The complete information about the MBA fees from IIMs are mentioned in the table below.

MBA Fees at IIMs – Fees & Average Package

This section cover the detailed information about MBA fees at IIMs with average package structure in LPA.

Indian Institutes of Management	IIM MBA Fees (In Lakhs)	Average Package (in LPA)
IIM Ahmedabad	INR 27.50 lakhs	INR 35.50 LPA
IIM Bangalore	INR 26.30 lakhs	INR 34.88 LPA
IIM Calcutta	INR 27.00 lakhs	INR 34.23 LPA
IIM Lucknow	INR 20.75 lakhs	INR 32.30 LPA
IIM Kozhikode	INR 23.50 lakhs	INR 28.05 LPA
IIM Mumbai	INR 21.00 lakhs	INR 33.84 LPA (top 50% batch)
IIM Indore	INR 21.15 lakhs	INR 29.57 LPA
IIM Raipur	INR 18.00 lakhs	INR 18.15 LPA
IIM Visakhapatnam	INR 20.51 lakhs	INR 16.40 LPA
IIM Shillong	INR 26.18 lakhs	INR 26.44 LPA
IIM Trichy	INR 21.00 lakhs	INR 19.43 LPA
IIM Ranchi	INR 19.20 lakhs	INR 19.29 LPA
IIM Rohtak	INR 17.90 lakhs	INR 18.73 LPA
IIM Kashipur	INR 17.30 lakhs	INR 15.04 LPA
IIM Jammu	INR 20.73 lakhs	INR 15.48 LPA
IIM Udaipur	INR 21.33 lakhs	INR 18.77 LPA
IIM Bodhgaya	INR 17.96 lakhs	INR 13.00 LPA
IIM Amritsar	INR 21.50 lakhs	INR 19.73 LPA (top 25%)
IIM Nagpur	INR 21.50 lakhs	INR 18.07 LPA
IIM Sambalpur	INR 21.00 lakhs	INR 15.65 LPA
IIM Sirmaur	INR 20.00 lakhs	INR 13.30 LPA

Cost of MBA From IIM

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 MBA from IIM is justified.

Still, if someone is unable to get into these colleges because of the high IIM MBA Fees, the colleges provide you with many scholarships, fee waivers, and other monetary benefits based on merit or category. 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 IIMs 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).

What is IIM MBA Fees?

The IIM MBA fees varies across different IIMs based on old, new and baby IIMs. Among these, IIM Ahmedabad has the highest fee structure of 27.50 lakhs, followed by the IIM Calcutta of 27.00 lakhs and IIM Bangalore at 26.30 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 21 lakhs at IIM Trichy to 26.18 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 IIM MBA fees not only includes 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 fees high?

When we are talking about IIM MBA fees and relatively comparing it then there is always a common question arise in mind of a candidate that why it is so high?. Although, it is highly relevant to various factors like world class faculty, teaching methodology based on varied case studies, infrastructure, international exchange programs and others. If you are exploring such a practical case studies or knowledge then giving this cost would be returned in the form of Return on Investment in the near future.

IIM MBA Fees Refund Policy

Many students upgrade their college to a better IIM during waitlist or some other reason for which they want to withdraw their IIM MBA fees that they have paid. To the IIMs, they 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 and the well paying management education in India.

Here is a table mentioned below covers several IIMs, category as well as the approximate MBA fees at IIM.

IIM Name	Category	Approx. MBA Fees
IIM Ahmedabad	Old IIMs	27.50 Lakhs
IIM Bangalore	Old IIMs	26.30 Lakhs
IIM Calcutta	Old IIMs	27.00 Lakhs
IIM Lucknow	Old IIMs	20.75 Lakhs
IIM Indore	Old IIMs	21.15 Lakhs
IIM Kozhikode	Old IIMs	23.50 Lakhs
IIM Mumbai	Old IIMs	21.00 Lakhs
IIM Shillong	New IIMs	26.18 Lakhs
IIM Ranchi	New IIMs	19.20 Lakhs
IIM Rohtak	New IIMs	17.90 Lakhs
IIM Raipur	New IIMs	18.00 Lakhs
IIM Trichy	New IIMs	21.00 Lakhs
IIM Kashipur	New IIMs	17.30 Lakhs
IIM Udaipur	New IIMs	21.33 Lakhs
IIM Amritsar	Baby IIMs	21.50 Lakhs
IIM Bodh Gaya	Baby IIMs	17.96 Lakhs
IIM Jammu	Baby IIMs	20.73 Lakhs
IIM Nagpur	Baby IIMs	21.50 Lakhs
IIM Sambalpur	Baby IIMs	21.00 Lakhs
IIM Sirmaur	Baby IIMs	20.00 Lakhs

What is Included in IIM MBA Fees?

The total MBA fees at IIMs cover multiple components like tuition fees, hostel and mess charges, international immersion (if applicable in the fees and it is highly depends on the institute), laptop charges and other.

MBA Fees at IIM (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 27.50 lakh. 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

The MBA Fees at IIM 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 27.50 lakh at IIM Ahmedabad 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 approximate IIM MBA fees of old IIMs.

Old IIMs	Approx. IIM MBA Fees
IIM Ahmedabad	27.50 Lakhs
IIM Bangalore	26.30 Lakhs
IIM Calcutta	27 Lakhs
IIM Lucknow	20.75 Lakhs
IIM Indore	21.15 Lakhs
IIM Kozhikode	23.50 Lakhs
IIM Mumbai	21.00 Lakhs

IIM MBA Fees Structure for New IIMs Established After 2000

The cost of MBA from IIMs 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

In this section we are covering the MBA fees of new IIMs.

Among the new IIMs, IIM Shillong has the highest MBA fees covering 26.18 lakhs followed by IIM Ranchi and IIM Udaipur is covering 21.33 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	26.18 Lakhs
IIM Ranchi	19.20 Lakhs
IIM Rohtak	17.90 Lakhs
IIM Raipur	18.00 Lakhs
IIM Trichy	21.00 Lakhs
IIM Kashipur	17.30 Lakhs
IIM Udaipur	21.33 Lakhs

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Baby IIM MBA Fees

The MBA fees of baby IIMs 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	21.50 Lakhs
IIM Bodh Gaya	17.96 Lakhs
IIM Jammu	20.73 Lakhs
IIM Nagpur	21.50 Lakhs
IIM Sambalpur	21.00 Lakhs
IIM Sirmaur	20.00 Lakhs

IIM Executive MBA Fees

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:

IIMs in India	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 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

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