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MBAUniverse.com News Desk |
November 15, 2023
IIM Fee Structure in detail for 2023-25 batch of 21 IIMs including IIM Mumbai is given below. Apart from the tuition fee, IIM MBA fee structure comprises components like hostel fee, study material, library, alumni fee etc. IIM Ahmedabad, Bangalore, Calcutta, Lucknow, Indore MBA fee is in the range of 21 to 27 lakhs while other IIMs fee is from 14 to 20 lakhs. Read this article for present fee structure in IIMs, seats, low fee IIMs and more
IIM Fees for MBA 2023

Embarking on the transformative journey of an MBA at the prestigious Indian Institutes of Management (IIMs) brings with it a sense of academic excellence and career empowerment. One significant aspect that often concerns aspiring students is the IIM Fees. However, it's essential to recognize that the IIM MBA Fees, despite being a noteworthy investment in one's education and future, are relatively reasonable. In comparison to the exorbitant fees charged by some of the top 100 B-schools globally, the IIM Fees present a more affordable opportunity for students to access world-class management education.

The IIM MBA Fees not only cover the academic curriculum but also encompass various essential components such as hostel fees, study material, library access, and alumni contributions. As future leaders and change-makers, students can take solace in the fact that the investment they make in their education at the IIMs is a stepping stone toward a future enriched with unparalleled opportunities and professional success. MBAUniverse.com presents Fee Structure for all IIMs in India. This article is updated frequently to give you latest IIM Fees including IIM Fees 2024. So continue reading…

Table of Contents

1. Top IIM Fee: Key Trends in IIM A,B,C, MBA Fees

2. IIM Ahmedabad Fees for MBA

3. IIM Bangalore Fees for MBA

4. IIM Kozhikode Fees for MBA

5. IIM Calcutta Fees for MBA

6. IIM Lucknow Fees for MBA

7. IIM Mumbai Fees 2023

8. IIM Indore Fees for MBA

9. New Generation IIM MBA Fee Structure at a Glance

10. IIM Udaipur Fees 2023 for MBA

11. IIM Trichy Fees 2023 for MBA

12. IIM Rohtak Fees 2023 for MBA

13. IIM Shillong Fees 2023 for MBA

14. IIM Raipur Fees 2023 for MBA

15. IIM Ranchi Fees 2023 for MBA

16. IIM Kashipur Fees 2023 for MBA

17. Baby IIMs Fees 2023 at a Glance

18. IIM Amritsar Fees 2023 for MBA

19. IIM Bodh Gaya Fees for MBA

20. IIM Nagpur Fees for MBA

21. IIM Jammu Fees 2023 for MBA

22. IIM Sirmaur Fees 2023 for MBA

23. IIM Sambalpur Fees 2023 for MBA

24. IIM Visakhapatnam Fees 2023 for MBA

25. IIMs with Low Fees

26. IIM MBA Seat Intake 2023

27. IIMs Fee: Impact of IIM Act 2017 or otherwise?

1. Top IIM Fee: IIM A, B, C MBA 2023-25 Fees

IIM Ahmedabad, Bangalore, Calcutta and other top IIM Campus wise Fee details for current two years are shared below:

IIMs

Fee 2022-24

Fees 2023-25

Fees 2024-26

IIM Ahmedabad Fees for MBA 2023

Rs. 24.61 lakhs

Rs. 24.61 lakhs

To be announced

IIM Bangalore Fees for MBA 2023

Rs. 23.20 lakhs

Rs. 24.70 lakhs

To be announced

IIM Calcutta Fees for MBA 2023

Rs. 23.50 lakhs

Rs. 25.00 lakhs

To be announced

IIM Lucknow fees for MBA 2023

Rs. 21.75 lakhs

Rs. 21.75 lakhs

To be announced

IIM Mumbai fees for MBA 2023 -- Rs.14.63 lakhs Rs. 21.00 Lakhs

IIM Indore fees 2023 for MBA

Rs. 21.17 lakhs

Rs. 21.17 lakhs

To be announced

IIM Kozhikode Fees 2023 for MBA

Rs. 20.50 lakhs

Rs. 20.50 lakhs

To be announced

MBA Fees for IIMs consist of Tuition Fee, Hostel Fee, Alumni Fee & other Fee. Campus wise IIM Fee Details are as given below

2. IIM Ahmedabad MBA Fees

Apart from the tuition and other fees, IIM Ahmedabad Hostel accommodation fee structure is as below

IIM Ahmedabad

Phase
Married Student Hostel (MSH)
Single Accomodation
1st Commitment Fee
Rs. 2 Lakhs
Rs. 2 Lakhs
2nd Commitment Fee
Rs.12 Lakhs
Rs.12 Lakhs
Refundable Caution Deposit
Rs. 70 Thousand
Rs. 35 Thousand

Source: Respective IIM Website

3. IIM Bangalore MBA Fees

Complete Fees structure for MBA at IIM Bangalore is as below:

IIM Bangalore

Fee Component
Amount
2 Year MBA Fees
Rs. 24.50 lakhs
Caution Deposit (General)
Rs.15 thousand
Caution Deposit (Hostel)
Rs. 5 thousand

4. IIM Kozhikode MBA Fees

IIM Kozhikode MBA Fee is Rs.20.50 lakhs for 2 years. Detailed Fee structure of IIM Kozhikode MBA 2023-25 batch is as below:

IIM Kozhikode

Term
First Year IIM Kozhikode Fee
Second Year IIM Kozhikode Fee
Term I/ IV
4,25,000
4,25,000
Term II/ V
3,00,000
3,00,000
Term III/ VI
3,00,000
3,00,000
Total
10,25, 000
10,25, 000

5. IIM Calcutta MBA Fees

Total MBA fees at IIM Calcutta for 2 years is Rs.25 lakhs. Detailed break up of IIM Calcutta MBA Fees will be placed below.

IIM Calcutta

IIM Calcutta MBA Fees – Coming soon

6. IIM Lucknow MBA Fees

IIM Lucknow MBA Fees is Rs. 21.75 lakhs for two years. Detailed Fee structure of IIM Lucknow with all components is as below:

IIM Lucknow

Particulars

GPP - I (2022-23)

PGP - II (2023-24)

Fees & expenses

Term I

Term II

Term III

Total

Term IV

Term V

Term VI

Total

Admission Fee

100000

0

0

100000

0

0

0

0

Tuition Fee

210000

210000

210000

630000

210000

210000

210000

360000

Infrastructure Fee*

115000

115000

115000

345000

115000

115000

115000

345000

Total Fee (A)

425000

325000

325000

1075000

325000

325000

325000

975000

Refundable Deposits**

20000

0

0

20000

0

0

0

0

Alumni Membership Fee***

0

0

0

0

5000

0

0

5000

Total Fee (B)

20000

0

0

20000

5000

0

0

5000

Total Fee (A+B)

445000

325000

325000

1095000

330000

325000

325000

980000

Note:

*Infrastructure Fee. This includes computer & Network Maintenance Fee, Digital Infrastructure Maintenance, Library Resources (Database * other resources including digital resources) Charges, Books and instructional material, Hostel Maintenance Fee, Student welfare Activity, Overheads etc.

**Refundable Deposits: This includes Fee such as Library Deposit, Computer Deposit and Mess Deposit. This Deposit is refundable after making necessary deduction if any.

**Alumni Membership: Will be deposited in the Alumni Fund.

Mess Charges will be payable on Actual Basis by the students every term.

7. NITIE-IIM Mumbai Fees 2023-25 Batch

The 60+ years old NITIE Mumbai has been renamed as IIM Mumbai and has become the 21st IIM in India. President of India has given the consent to this effect to the IIM Act (Amendment) 2023 Bill. NITIE has now become IIM Mumbai wef August 2023 and has released its fee structure for 2024-26 batch as below:

Fee Component
Fee Amount
Tuition Fees
Rs.14.00 Lakhs
Caution Deposit
Rs.  0.50 Lakhs (Rs.50 thousand)
Other expenses
Rs.  6.50 Lakhs
Total
Rs.21.00 Lakhs

Source: NITIE-IIM Mumbai

8. IIM Indore MBA Fees 2023-25 Batch

IIM Indore MBA Fees is Rs.21.17 lakhs for two years. IIM Indore fee for domestic Indian students and NRI/Foreign Nationals is as below:

IIM Indore

INDIAN INSTITUTE OF MANAGEMENT INDORE

Post Graduate Programme in Management leading to award of MBA Integrated Programme in Management leading to award of MBA (Under Dual Degree Programme) Fees Structure for PGP Batch 2023-25 (Academic Year 2023-24 & 2024-25) & Fee Structure of IPM Batch IV & V, Academic Year 2023-24 & 2024-25

For Indian Students through CAT

Sr.

Head

PGP-I/IPM-IV

Instalments

   

PGP-II/IPM-V

Instalments

   

No.

Academic Year

2023-24

01-Nov

02-Dec

Mar-13

2024-25

Apr-13

May-14

Jun-15

1

Course Fee

10,00,000

335000

335000

330000

1000000

335000

335000

330000

2

Alumni Fee GST @ 18%

-

-

-

-

11800

-

-

1000 / 1800

3

Medical Insurance Premium

711

711

-

-

711

711

-

-

4

Refundable Caution Deposit **

50000

50000

-

-

-

-

-

-

5

Mess Deposit ***

54000

18000

18000

18000

-

-

-

-

 

Grand Total

1104711

403711

353000

348000

1012511

335711

335000

341800

For NRI/Foreign National Students through GMAT

Sr.

Head

PGP-I/IPM-IV

Installments

   

PGP-II/IPM-V

Installments

   

No.

Academic Year

2023-24

01-Nov

02-Dec

Mar-13

2024-25

Apr-13

May-14

Jun-15

1

Course Fee

15,00,000

502500

502500

495000

1500000

502500

502500

495000

2

Alumni Fee GST @ 18%

-

-

-

-

11800

-

-

1000 / 1800

3

Medical Insurance Premium

711

711

-

-

711

711

-

-

4

Refundable Caution Deposit **

50000

50000

-

-

-

-

-

-

5

Mess Deposit ***

54000

18000

18000

18000

-

-

-

-

 

Grand Total

1604711

571211

520500

513000

1512511

503211

502500

506800

* Applicable GST will be charged on Alumni fee (Presently GST is 18%). Alumni fee is non refundable.

** Caution deposit will be refundable on completion of the course.

Fees and mess deposit may be paid in three installments. Course fee does not include cost of text books.

Source: IIM Indore

9. New Generation IIM MBA Fee Structure at a Glance

CAP IIM Fee or New generation IIMs have announced their fees. The fee structure of seven new IIMs which started operation in 2010-11 is given below for MBA 2023-25 batch:

New Generation IIM
Fee for 2023-25 Batch
(Rs. in Lakhs)
Fee for 2022-24 Batch (Rs.in Lakhs)
Percentage Increase in Fees
IIM Shillong Fees 2023 for MBA
21.50
18.56
+16%
IIM Rohtak Fees 2023 for MBA  
17.90
16.65
+7.5%
IIM Trichy Fees 2023 for MBA
19.50
16.50
+18%
IIM Udaipur Fees 2023 for MBA
21.43
17.59
+22%
IIM Raipur Fees 2023 for MBA
15.93
15.49
+03%
IIM Ranchi Fees 2023 for MBA
17.50
17.20
+02%
IIM Kashipur Fees 2023 for MBA
17.30
15.42
+12%

10. IIM Udaipur Fees 2023 for MBA

IIM Udaipur MBA fee for 2023-25 batch is Rs. 21.43 lakhs. Key details of IIM Udaipur MBA Fees are as below:

iim udaipur

Head
First Year
Second Year
 
Term - I
Term - IV
Fee paid at the time of accepting the offer of admission
1,00,000
--
Due on
22-Jun-2023
10-Jun-2024
Tuition Fee
2,40,000 @
2,90,000
Hostel Charges
23,000
24,000
Mess Charges
21,000
22,000
Caution Deposit (Refundable)
20,000
--
Alumni Association
--
3,000
Total
3,04,000
3,39,000
 
Term - II
Term – V
Due on
05-Oct-2023
16-Sep-2024
Tuition Fee
3,20,000
2,90,000
Hostel Charges
23,000
24,000
Mess Charges
21,000
22,000
Total
3,64,000
3,36,000
 
Term - III
Term – VI
Due on
08-Jan-2024
23-Dec-2024
Tuition Fee
3,20,000
2,90,000
Hostel Charges
23,000
24,000
Mess Charges
21,000
22,000
Total
3,64,000
3,36,000

Source: IIM Udaipur

11. IIM Trichy Fees 2023 for MBA

IIM Trichy

IIM Tiruchirappalli MBA Fees for 2023-25 batch is Rs.19.50 lakhs. The term-wise fee details are as follows:

Term  
Tuition Fee  
Mess Advance 
Caution Deposit 
Amount to be paid  
Term-I  
3,25,000  
20,000  
30,000
3,75,000 
Term-II  
3,25,000
20,000  
-  
3,45,000 
Term-III  
3,25,000
20,000  
-  
3,45,000
Term-IV  
3,25,000
20,000  
-  
3,45,000
Term-V  
3,25,000
20,000  
-  
3,45,000
Term-VI  
3,25,000
20,000  
-  
3,45,000
  • 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.

Source: IIM Trichy

12. IIM Rohtak Fees 2023 for MBA

IIM Rohtak MBA Fees for 2023-25 batch is Rs.17.90 lakhs for two years. Detailed fee structure is as below:

IIM Rohtak

Particulars
PGP I (2023-24)
Term-I
Term-II
Term-III
Total
Total Fee
Rs 3,55,000
Rs 2,70,000
Rs 2,70,000
Rs 8,95,000
Particulars
PGP II (2024-25)
Term-IV
Term-V
Term-VI
Total
Total Fee
Rs 3,55,000
Rs 2,70,000
Rs 2,70,000
Rs 8,95,000

Source: IIM Rohtak

13. IIM Shillong Fees 2023 for MBA

IIM Shillong is yet to release its fee details on its website. IIM Shillong PGP Fees for two years is around Rs.21.50 lakhs.

IIM Shillong

14. IIM Raipur Fees 2023 for MBA

IIM Raipur MBA Fees is Rs.15.93 lakhs. Detailed fee structure of IIM Raipur MBA is as below:

IIM Raipur

Fee Structure for PGP 2023 -25 Batch
1st Year Fees
Sl. No
Particulars
1st Term (₹)
2nd Term (₹)
3rd Term (₹)
Total (₹)
1
Academic Fees
2,49,150.00
  2,29,350.00
 2,28,800.00
 7,07,300.00
2
Lodging Charges
    21,000.00
21,000.00
    21,000.00
    63,000.00
3
Medical Insurance Charges
     1,200.00
 
 
      1,200.00
4
Students Association Fees
      6,000.00
 
 
      6,000.00
5
Alumni Activities
    10,000.00
 
 
    10,000.00
Total (1st Year)
 2,87,350.00
2,50,350.00
  2,49,800.00
 7,87,500.00
6
Caution deposit
    30,000.00
 
 
     30,000.00
Total (Including Caution
deposit)
  3,17,350.00
2,50,350.00
2,49,800.00
8,17,500.00
2nd Year Fees
 
Sl. No
Particulars
4th Term (₹)
5th Term (₹)
6th Term (₹)
Total (₹)
1
Academic Fees
 2,50,470.00
2,30,670.00
  2,30,120.00
 7,11,260.00
2
Lodging Charges
    21,000.00
21,000.00
    21,000.00
    63,000.00
3
Medical Insurance Charges
     1,200.00
 
 
     1,200.00
Total (2nd Year)
 2,72,670.00
2,51,670.00
 2,51,120.00
  7,75,460.00
Total Fees (Excluding Boarding Charges)
15,92,960.00

Important Notes:

  1. Boarding (mess) charges will be ₹15,000/- to ₹22,000/- per Trimester.
  2. PGP students would be provided accommodation on twin sharing basis in the 1st year.
  3. Caution Deposit (one time) to be paid separately at the time of Registration.
  4. The amount of ₹1,00,000/- deposited while accepting the offer of Admission will be adjusted against the 1st term fees.
  5. The term-wise amount indicated above is payable at the beginning of each term.

15. IIM Ranchi Fees 2023 for MBA

IIM Ranchi MBA Fees for 2023-25 is Rs.17.20 lakhs and Rs.30000 are charged towards caution deposit and alumni fee. Detailed fee structure is as below:

IIM Ranchi

S.No
Particular
Term-I
Term-II
Term-III
Term-IV
Term-V
Term-VI
Total
1
Acceptance fee
1,10,000
-
-
-
-
-
1,10,000
2
Tuition fee
1,65,000
2,65,000
2,65,000
2,65,000
2,65,000
2,65,000
14,90,000
3
Hostel charges
20,000
20,000
20,000
20,000
20,000
20,000
1,20,000
4
Caution deposit
20,000
-
-
-
-
-
20,000
5
Alumni fee
10,000
-
-
-
-
-
10,000
 
Total
3,25,000
2,85,000
2,85,000
2,85,000
2,85,000
2,85,000
17,50,000

Source: IIM Ranchi

16. IIM Kashipur Fees 2023 for MBA

IIM Kashipur MBA Fees 2023-25 is Rs.17.30 lakhs for two years. Detailed fee structure is given below:

IIM Kashipur

MBA-I (2023-24)
MBA-II (2024-25)
Particular
Term-I
Term-II
Term-III
Term-IV
Term-V
Term-VI
Total
Admission fee
25,000
-
-
-
-
-
25,000
Course fee
2,84,000
2,82,000
2,82,000
2,84,000
2,82,000
2,82,000
16,96,000
Caution deposit refundable
9,000
-
-
-
-
-
9,000
Total fees
3,18,000
2,82,000
2,82,000
2,84,000
2,82,000
2,82,000
17,30,000

Source: IIM Kashipur

17. Baby IIMs Fees at a Glance for MBA 2023-25 Batch

Not lagging behind, Baby IIMs which started operation in 2015-16 have also announced their fee structure for 2023-25 batch. Details are as below:

Baby IIM
Fee for 2023-25 Batch (Rs. in Lakhs)
Fee for 2022-24 Batch (Rs. in Lakhs)
Percentage Increase in Fees
IIM Amritsar Fees 2023 for MBA
17.30
16.00
+ 8%
IIM Bodh Gaya Fees 2023 for MBA
17.00
14.95
+14%
IIM Jammu Fees 2023 for MBA
17.15
14.82
+16%
IIM Nagpur Fees 2023 for MBA
19.40
18.00
+  8%
IIM Sambalpur Fees 2023 for MBA
13.08
13.08
0%
IIM Sirmaur Fees 2023 for MBA
16.20
14.00
+16%
IIM Visakhapatnam Fees 2023 for MBA
18.25
16.80
+ 9%

18. IIM Amritsar Fees 2023 for MBA

IIM Amritsar MBA Fees for 2023-25 batch is Rs.17.30 lakhs. Detailed fee structure is given below:

IIM Amritsar

Components
First year (2023-24)
Second year (2024-25)
Tuition
6,25,000
6,25,000
Academic Support
1,85,000
1,85,000
Hostel & Electricity
40,000
40,000
Student Activities & Health
15,000
15,000
Total (year wise)
8,65,000
8,65,000
Grand total (Two years)
17,30,000

Source: IIM Amritsar

NOTE: The personal expenses and mess are not included in the above IIM Amritsar fees structure. The mess expense is estimated to be Rs 10,000 per month payable on an actual basis

19. IIM Bodh Gaya Fees for MBA

IIM Bodh Gaya MBA Fees for 2023-25 batch is Rs.17.00 lakhs. Detailed fee structure is given below:

​​IIM Bodh Gaya

Particulars
1st Term
2nd Term
3rd Term
4th Term
5th Term
6th Term
Tuition Fees
160000
160000
160000
160000
160000
160000
Hostel Rent
25000
25000
25000
25000
25000
25000
Academic Charges *
80000
80000
80000
80000
80000
80000
Admission Fee
15000
-
-
-
-
-
Annual Registration Fee
6000
-
-
6000
-
-
Student Activity Fee
-
5000
5000
5000
5000
5000
Career Development Fee
8000
8000
8000
8000
8000
8000
Alumni Activity Fee
-
-
-
-
-
5000
Convocation Fee
-
-
-
-
-
10000
Term-wise Total
294000
278000
278000
284000
278000
288000
Year-wise Total
850000
850000
Course Total
17,00,000

*Includes Computer Lab and IT Services, Library, Journal and Database Subscription, Text-books, Study Materials, Course-compendium, Case Studies, etc.
Mess charges will be extra as per actual

  • Medical Insurance will be provided by the Institute
  • Caution Deposit will be Rs. 25000.

Source: IIM Bodh Gaya

20. IIM Nagpur Fees for MBA

IIM Nagpur MBA Fees for 2023-25 batch is Rs.19.40 lakhs. Detailed fee structure is given below:

IIM Nagpur

Fee Component
Fee Amount
Academic & Hostel Fees
Rs.18,90,000
Refundable Caution Deposit
Rs. 50,000

Source: IIM Nagpur

21. IIM Jammu Fees 2023 for MBA

IIM Jammu MBA Fees for 2023-25 batch is Rs.17.15 lakhs. Detailed fee structure is given below:

 IIM Jammu

First year
Term-I
Term-II
Term-III
Total fee (INR)
Tuition fee
1,75,000
1,75,000
1,75,000
5,25,000
Other academic/ non-academic expense
1,11,300
1,09,100
1,09,100
3,29,500
Total fee
2,86,300
2,84,100
2,84,100
8,54,500
Second year
Term-IV
Term-V
Term-VI
Total fee (INR)
Tuition fee
1,75,000
1,75,000
1,75,000
5,25,000
Other academic/ non-academic expense
1,17,300
1,09,100
1,09,100
3,35,500
Total fee
2,92,300
2,84,100
2,84,100
8,60,500
Total fee for the program
17,15,000

Source: IIM Jammu

22. IIM Sirmaur Fees 2023 for MBA

IIM Sirmaur MBA Fees for 2023-25 batch is Rs.16.20 lakhs. Detailed fee structure is given below:

IIM Sirmaur

Particulars
YEAR – I (2023-24)
Admission Fee
Tuition fee
Hostel Charges
Alumni Membership Fee
Mediclaim
Total
Term -I
60000
225000
30000
3000
2000
320000
Term -II
0
225000
30000
0
0
255000
Term -III
0
225000
30000
0
0
255000
 
 
 
 
Total Fee (A) 830000
 
 
 
 
 
 
 
YEAR – II (2024-25)
Term -IV
0
225000
30000
3000
2000
260000
Term -V
0
225000
30000
0
0
255000
Term -VI
0
225000
30000
0
0
255000
 
 
 
 
Total Fee (B) 770000
 
 
 
 
Total (A+B) 1600000

In addition to the above, the students are required to pay Refundable Caution Deposit of Rs. 20,000/- towards Mess, Computer Lab and Library

Source: IIM Sirmaur

23. IIM Sambalpur Fees 2023 for MBA

IIM Sambalpur MBA Fees for 2023-25 batch is not yet revised and is Rs.13.08 lakhs. Detailed fee structure is given below:

IIM Sambalpur

S.No
Heads
PGP-I
Installments
PGP-II
Installments
2023-24
1
2
3
2024-25
1
2
3
1
Tuition fee
525000
175000
175000
175000
525000
175000
175000
175000
Hostel charges
65000
20000
20000
25000
65000
20000
20000
25000
Total (Course fee)
590000
195000
195000
200000
590000
195000
195000
200000
2
Refundable Caution Deposit*
15000
15000
-
-
-
-
-
-
3
Mess Deposit**
56700
18900
18900
18900
56700
18900
18900
18900
Grand total
661700
228900
213900
218900
646700
213900
213900
218900

Source: IIM Sambalpur

24. IIM Visakhapatnam Fees 2023 for MBA

IIM Sambalpur MBA Fees for 2023-25 batch is Rs.18.25 lakhs. Detailed fee structure is given below:

IIM Visakhapatnam

Details
Academic year-1 (2023-24)
Term-1
Term-2
Term-3
Program fees
2,68,375
2,68,375
2,68,375
Advance for mess and other charges (including printing and photocopying charges etc.)
25,000
25,000
25,000
Student Welfare & Activities
20,000
-
-
Due Date for Payment
As per the admission offer letter
On the day of registration
On the day of registration
Caution Deposit (Refundable)
25,000
 
 
Sub-Total
3,38,375
2,93,375
2,93,375
Total for 1st year (A)
9,25,125
Details
Academic year-2 (2024-25)
 
 
Term-4
Term-5
Term-6
Program fee
2,68,375
2,68,375
2,68,375
Advance for mess and other charges (including printing and photocopying charges etc.)
25,000
25,000
25,000
Student Welfare & Activities
20,000
-
-
Due Date for Payment
On the day of registration
On the day of registration
On the day of registration
Sub-Total
3,13,375
2,93,375
2,93,375
Total for 2nd year (B)
9,00,125
Grand total for two years (A + B)
18,25,250

Source: IIM Visakhapatnam

25. IIMs with Low Fees

IIMs MBA Fee Structure in India goes as high as Rs.25+ lakhs and also low enough as Rs.13 lakhs. Some of the low fees IIMs and lowest fee IIMs are shared below:

Low Fee IIM
Fee for 2023-25 Batch (Rs. in Lakhs)
IIM Sambalpur Fees
13.08
IIM Mumbai Fees 14.63
IIM Raipur Fees
15.93
IIM Sirmaur Fees
16.30
IIM Bodh Gaya Fees
17.00
IIM Jammu Fees
17.15
IIM Amritsar Fees
17.30

26. IIM MBA Seat Intake 2023

IIM Fee Structure and Seats both are increased for 2023-25 batch. IIM fee structure is already shared above, and IIM MBA Seat intake 2023 as released by many IIMs is shared below: 

Name of IIM with Seat Intake 2023
Total Seats in Flagship MBA 2023-25 Batch
IIM Ahmedabad
408
IIM Bangalore
531
IIM Calcutta
480
IIM Lucknow
480
IIM Indore
478
IIM Kozhikode
483
IIM Mumbai
550
IIM Udaipur
360
IIM Sambalpur
320

27. IIMs Fee: Impact of IIM Act 2017 or otherwise?

After getting full autonomy with the passing of IIM Act 2017 by the Parliament, IIMs have gained higher autonomy and are now awarding MBA degree instead of Post Graduate Diploma. The IIMs are not regulated by AICTE and therefore decide their fees in accordance with their requirement and also allowing for the adjustment of inflationary trends.

Stay tuned to MBAUniverse.com for more updates on MBA Fee by IIMs

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