There has been a super rise in IIM fees for each of the 20 IIMs during the past few years. Besides the tuition fee, the IIM MBA structure comprises many other components. While some components, like hostel fees, study material, library, alum fees etc., are included in each IIM Fee, other variable components, like mess charges and study tours, may be charged extra as per the Fees of IIM for the MBA programme. Some of the IIMs include most expenditures in their total MBA fee.

Every IIM releases its fee structure in the admission offers before the course begins and explicitly mentions which expenses are not covered in the respective IIM MBA fee structure.

IIM Fees for MBA 2020-22

Each IIM Fee for 2 years PGP (MBA) program 2020-22 is shared below. Top IIMs like IIM Ahmedabad, Bangalore, and a few others may increase their fee by 5 to 10 percent for the batch 2020-22 before the session commencement. 

IIM MBA Fee Structure: Key Components

10-11 key components comprise the IIM Fees for MBA. While the admission fee between Rs.50,000 to 2,50,000 has to be paid after getting the admission offer by the stipulated date, the rest of the IIM fee has to be paid semester-wise.

Part 1: Academic Fee

• Tuition fee
• Course material
• Library
• Internet facility
• Laptop and computer
• Study Tours
• International Immersion (If applicable)
• Alumni Charges

Part 2: Residential & Other Expenses

• Hostel charges depend upon single occupancy or double occupancy
• Mess charges
• Miscellaneous expenses

Part 3: Personal Expenses

• Clothing, Dressing, outing expenses
• Personal Stationery Expenses
• Laundry & Maintenance Expenses

IIMs increase MBA Fee Annually

IIM Ahmedabad, Bangalore, Calcutta and other IIMs raise their fee for every academic session. So far, most of the IIMs have announced the prospects for an MBA Fee increase for the coming batch. IIM Ahmedabad, IIM Calcutta, and IIM Bangalore are set to increase their fee further.