

The IIM fee structure for MBA 2025 courses at the Indian Institutes of Management varies significantly, ranging from approximately ₹13.08 Lakhs at IIM Sambalpur to ₹27 Lakhs (or more, depending on the program) at IIM Calcutta.
This comprehensive guide details the total fees, installment schedules, and key components for both the flagship 2-year PGP/MBA and Executive MBA programs
Established IIMs (like IIM Ahmedabad, Bangalore, and Calcutta) generally have fees between ₹21 Lakhs and ₹27 Lakhs, while newer IIMs typically range from ₹13 Lakhs to ₹20 Lakhs.
|
IIM Centre |
Total PGP/MBA Fee (Approx. 2025) |
|---|---|
|
IIM Calcutta |
₹27.00 Lakh |
|
IIM Ahmedabad |
₹24.61 Lakh |
|
IIM Bangalore |
₹24.50 Lakh |
|
IIM Indore |
₹21.14 Lakh |
|
IIM Trichy |
₹21.00 Lakh |
|
IIM Kozhikode |
₹20.50 Lakh |
|
IIM Lucknow |
₹20.70 Lakh |
|
IIM Udaipur |
₹19.00 Lakh |
|
IIM Nagpur |
₹18.00 Lakh |
|
IIM Rohtak |
₹17.60 Lakh |
|
IIM Visakhapatnam |
₹17.58 Lakh |
|
IIM Shillong |
₹17.50 Lakh |
|
IIM Ranchi |
₹17.50 Lakh |
|
IIM Kashipur |
₹17.30 Lakh |
|
IIM Jammu |
₹17.15 Lakh |
|
IIM Amritsar |
₹16.00 Lakh |
|
IIM Raipur |
₹16.10 Lakh |
|
IIM Bodh Gaya |
₹15.50 Lakh |
|
IIM Sambalpur |
₹13.08 Lakh (Lowest Fee) |
| IIM Fees Structure for Executive MBA | |
| IIM Centre | Executive MBA Fee |
| IIM Calcutta | Rs 25.89 lakh |
| IIM Ahmedabad | Rs 25.00 lakh |
| IIM Lucknow | Rs 23.50 lakh |
| IIM Bangalore | Rs 27.00 lakh |
| IIM Kozhikode | Rs 22.50 lakh |
| IIM Indore | Rs 20.00 lakh |
Note: The IIM fees for MBA programs for Executive courses vary slightly based on facilities and duration.
IIM Ahmedabad's fee structure often differentiates between single students and married couples seeking on-campus housing.
|
MBA Program Phase |
Single Students |
Married Couples |
|---|---|---|
|
1st Commitment Fee |
₹2,00,000 |
₹2,00,000 |
|
2nd Commitment Fee |
₹12,00,000 |
₹12,00,000 |
|
Balanced Course Fee |
₹16,00,000 |
₹18,00,000 |
|
Total Estimated Fee |
₹24,61,000 |
₹27,00,000+ |
|
Refundable Amount |
₹70,000 |
₹35,000 |
The total MBA program fee at IIM Calcutta is approximately ₹27,00,000, payable in four major installments:
|
Particulars |
Fee Amount |
|---|---|
|
Commitment Fee (Seat Acceptance) |
₹2,00,000 |
|
2nd Installment |
₹10,00,000 |
|
3rd Installment |
₹10,00,000 |
|
4th Installment |
₹9,00,000 |
|
Security Deposit (Refundable) |
₹60,000 |
|
Total (Excl. Deposit) |
₹31,00,000 (as per current institutional data) |
|
Particulars |
Fee Amount |
|---|---|
|
2-Year MBA Fee |
₹24,50,000 |
|
Caution Deposit (Refundable) |
₹15,000 |
|
Mess Fee (Per Term) |
₹30,000 (approx.) |
| IIM Lucknow MBA Fee | |||||
| Term | Admission | Infrastructure | Tuition | Refundable | Total |
| Term 1 | Rs 1,00,000 | Rs 1,15,000 | Rs 2,10,000 | Rs 20,000 | Rs |
| Term 2 | - | Rs 1,15,000 | Rs 2,10,000 | - | Rs |
| Term 3 | - | Rs 1,15,000 | Rs 2,10,000 | - | Rs |
| Term 4 | - | Rs 1,15,000 | Rs 2,10,000 | - | Rs |
| Term 5 | - | Rs 1,15,000 | Rs 2,10,000 | - | Rs |
| Term 6 | - | Rs 1,15,000 | Rs 2,10,000 | - | Rs |
| IIM Kozhikode MBA Fee | |||
| MBA Year | Term 1 and 4 | Term 2 and 5 | Term 3 and 6 |
| 1st year | Rs 4,25,000 | Rs 3,00,000 | Rs 3,00,000 |
| 2nd year | Rs 4,25,000 | Rs 3,00,000 | Rs 3,00,000 |
| IIM Indore MBA Fee | ||||||
| Term | Tuition | Alumni Membership Fee | Medical Insurance | Refundable | Mess Deposit | Total |
| Term 1 | Rs 3,35,000 | - | Rs 711 | Rs 50,000 | Rs 17,000 | Rs 4,02,711 |
| Term 2 | Rs 3,35,000 | - | - | - | Rs 17,000 | Rs 3,52,000 |
| Term 3 | Rs 3,30,000 | - | - | - | Rs 17,000 | Rs 3,47,000 |
| Term 4 | Rs 3,35,000 | - | Rs 711 | - | - | Rs 3,35,711 |
| Term 5 | Rs 3,35,000 | - | - | - | - | Rs 3,35,000 |
| Term 6 | Rs 3,30,000 | Rs 11,800 | - | - | - | Rs 3,41,000 |
| IIM Trichy MBA Fee | ||||
| Term | Tuition Fee | Caution Deposit | Mess Fee | Total |
| Term 1 | Rs 3,25,000 | Rs 30,000 | Rs 20,000 | Rs 3,75,000 |
| Term 2 | Rs 3,25,000 | - | Rs 20,000 | Rs 3,45,000 |
| Term 3 | Rs 3,25,000 | - | Rs 20,000 | Rs 3,45,000 |
| Term 4 | Rs 3,25,000 | - | Rs 20,000 | Rs 3,45,000 |
| Term 5 | Rs 3,25,000 | - | Rs 20,000 | Rs 3,45,000 |
| Term 6 | Rs 3,25,000 | - | Rs 20,000 | Rs 3,45,000 |
| IIM Rohtak MBA Fee | ||||
| Year | Term 1/4 Fee | Term 2/5 Fee | Term 3/6 Fee | Total |
| Year-1 | Rs 3,55,000 | Rs 2,70,000 | Rs 2,70,000 | Rs 8,95,000 |
| Year-2 | Rs 3,55,000 | Rs 2,70,000 | Rs 2,70,000 | Rs 8,95,000 |
| IIM Raipur MBA Fee | |||||||
| Term | Tuition Fee | Lodging Fee | Medical Insurance | Student Association Deposit | Alumni Activities Fee | Caution Fee | Total |
| Term 1 | Rs 2,49,150 | Rs 21,000 | Rs 1,200 | Rs 6,000 | Rs 10,000 | Rs 30,000 | Rs 3,17,350 |
| Term 2 | Rs 2,29,350 | Rs 21,000 | - | - | - | - | Rs 2,50,350 |
| Term 3 | Rs 2,28,800 | Rs 21,000 | - | - | - | - | Rs 2,49,800 |
| Term 4 | Rs 2,50,470 | Rs 21,000 | Rs 1,200 | - | - | - | Rs 2,72,670 |
| Term 5 | Rs 2,30,670 | Rs 21,000 | - | - | - | - | Rs 2,51,670 |
| Term 6 | Rs 2,30,120 | Rs 21,000 | - | - | - | - | Rs 2,51,120 |
| Total Fee | Rs 15,92,960 | ||||||
For candidates prioritizing affordability, several IIMs offer excellent MBA programs with fees below the ₹17 Lakh mark.
| IIMs With Lowest Fee | |
| IIM Centres | Fee (in Lakhs) |
| IIM Mumbai | 14.63 |
| IIM Sirmaur | 16.30 |
| IIM Bodh Gaya | 17 |
| IIM Amritsar | 17.30 |
| IIM Jammu | 17.15 |
| IIM Sambalpur | 13.08 |
| IIM Raipur | 15.92 |
The IIM fees are comprehensive and generally cover the cost of the 2-year program, ensuring students have access to all necessary academic resources. The fee structure typically includes:
Tuition Fees: The primary cost component.
Accommodation: Hostel accommodation charges (mandatory for the first year at most IIMs).
Course Materials: Books, study resources, and digital access.
Library and Computer Facilities: Access to state-of-the-art infrastructure.
Utilities and Services: Internet usage, healthcare, and other miscellaneous charges.
Alumni Activities: Contributions toward alumni membership fees (often collected in the later terms).
Also Read: MBA Entrance Exam
While the IIM fees for MBA programs are substantial, the high placement statistics offer a strong return on investment (ROI). Graduates secure lucrative job offers that quickly offset the cost of their education.
| IIM Centre | IIM Fee (In Lakhs) | Average Annual Salary (In Lakhs) |
| IIM Bangalore | 24.7 | 35.31 |
| IIM Ahmedabad | 26 | 34 |
| IIM Calcutta | 25 | 35.07 |
| IIM Kozikode | 21 | 31 |
| IIM Indore | 22.5 | 30.21 |
| IIM Lucknow | 20.75 | 32.2 |
| IIM Rohtak | 18.3 | 18.73 |
| IIM Shillong | 22 | 26.96 |
| IIM Raipur | 17 | 21.04 |
| IIM Kashipur | 17.3 | 18.10 |