IIM Bangalore Fees for MBA: Fee Structure and Scholarships
Subham Sahoo22 Jun, 2025
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IIM Bangalore Fees for MBA reflect the premium quality of education and resources offered by one of India’s top B-schools. The fee structure encompasses tuition fees, accommodation charges, and other academic expenses essential for the two-year MBA program. Understanding these costs is crucial for aspirants planning their finances before admission.
Along with a detailed breakdown of fees, IIM Bangalore also provides various scholarships and financial aid options to support students from economically weaker backgrounds. These scholarships are merit- and need-based, making quality management education more accessible and inclusive for deserving candidates across diverse sections of society.
IIM Bangalore Fees for MBA Overview
The annual MBA program fee at IIM Bangalore differs slightly with each academic session. For the 2021–23 batch, the Post Graduate Programme (PGP) fee stood at ₹23 lakhs. This was later revised to ₹24.5 lakhs for the 2022–24 cohort. For the 2024–26 admission cycle, IIM Bangalore has announced a further increase, setting the total program fee at ₹26 lakhs. This amount includes tuition charges and applicable GST. Candidates are also required to pay a refundable caution deposit as part of the admission formalities.
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IIM Bangalore Fees for MBA Overview |
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Particulars |
Fees (in INR) |
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IIM Bangalore MBA Fees (2-year Program) |
26,00,000 |
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General Caution Deposit |
15,000 |
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Hostel Caution Deposit |
5,000 |
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Mess Advance |
30,000 (each semester) |
Also Read: List of IIMs in India
Components of IIM Bangalore Fees
The total course fee for the IIM Bangalore MBA program for the 2022–24 batch is ₹24,50,000. This amount covers not just tuition, but also boarding, lodging, and various service and utility charges. The comprehensive fee structure is designed to accommodate the academic, residential, and campus service needs of the students throughout the program. In addition to these, the fee also includes access to campus infrastructure, IT resources, library facilities, and other essential student services. Below is a detailed breakdown of the components covered under the IIM Bangalore MBA fees:
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Tuition fee
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Library fee
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Internet fee
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Case Permission Royalty
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Fee for course material
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Hostel room rent, including service charge
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Medical insurance
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Personal accident insurance
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Alumni Activity.
Also Read: How to Get Admission into IIM
Candidates are also required to pay a General Caution Deposit of ₹15,000 and a Hostel Caution Deposit of ₹5,000, both of which are refundable. On-campus accommodation is provided to students during their MBA program at IIM Bangalore. However, in the second year, students have the option to reside off-campus if they prefer. For those who choose to stay outside the campus, the hostel fee will not be charged. This flexibility allows students to manage their living arrangements based on personal preferences and financial considerations.
Scholarships Offered at IIM Bangalore
IIM Bangalore provides a range of scholarships and financial assistance to support deserving candidates and promote inclusivity in management education. To ensure that talented students from all backgrounds have access to quality education, the institute has implemented a comprehensive Financial Aid Policy for those enrolling in its MBA programs.
Students with an annual family income of less than ₹8 lakh are eligible for need-based financial aid. The evaluation process involves two stages. In the first stage, candidates are scored based on their family income and number of dependents. Shortlisted candidates then participate in a personal interaction round. Final decisions are made by combining both scores, with selected students receiving tuition fee waivers ranging from 20% to 100%.
IIM Bangalore also offers a variety of merit-based and merit-cum-need scholarships. These are awarded based on students' academic performance and achievements during their MBA program. A list of such scholarships is provided below for the benefit of prospective students.
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Scholarship Offered at IIM Bangalore |
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Scholarship Name |
Details |
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Aditya Birla Scholarship |
An amount of INR 1.75 lakh is offered to PGP Students for both first and second years. Students who avail the scholarship benefit in the first year are eligible for renewal in the second year. |
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OPJEMS Scholarships |
An amount of INR 1.50 lakh is offered to PGP students of the second year. First ten toppers of the second year are also eligible to apply basis of the online test conducted by OP Jindal group. |
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City Women’s Leader Awards |
The scholarship covers the second year’s tuition fee. Students from the top 25 per cent of the first-year batch are selected basis of their SOP and PI conducted by the City Bank group. |
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Societe Generale Global Solution Centre India Scholarship |
The scholarship covers the complete tuition fee of PGP programme. Candidates are selected basis their PI with the Society Generate. |
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Siddhartha Padam Award |
An amount of INR 50,000 is offered to a PGP student who is on the director's merit list and scores the highest CGPA in Economics, Finance & Accountancy core courses in the first year. |
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IIMB PGP Alumni First Batch Scholarship |
INR 75,000, a medallion and certificate is offered to a differently-abled woman enrolled in PGP courses. The scholarship will be provided to a differently able male candidate if there is no such female candidate to claim the same. |
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Runwal Education Trust Scholarship |
An amount of INR 1 lakh, a medallion and a certificate is offered to a PGP student based on their academic performance in the first year and their financial needs. |
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Hindustan Unilever/T Thomas Scholarship |
This is a merit cum means scholarship offered to one of the second year PGP students with an award of INR 1 lakh. |
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Yes Bank Scholarship |
An amount of INR 2 lakh is offered to one of the top 20 students as per the admission criteria, who belongs to the top 20 per cent batch based on CGPA and are members of any of the student committee at IIM B |
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NTPC Scholarship |
An amount of INR 48,000 is offered to reserved category candidates who are in their second year and have passed their first-year examinations in a single attempt. |
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Employment in Social Sector Scholarship |
Awardees of this scholarship are entitled to reimbursement of one-third of the course fee at the end of each year of employment for the first three years in the social sector. |
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Ministry of Tribal Affairs Scholarships (ST) |
The scholarship is offered to ST candidates of first-year PGP programmes. The following scholarship will cover the candidate’s tuition fee in full. |
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Ministry of Social Justice And Empowerment Scholarships (SC) |
The scholarship is offered to SC candidates of first-year PGP programmes. The following scholarship will cover the candidate’s tuition fee in full. |
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Ministry of Social Justice And Empowerment (Department of Persons with Disabilities) |
An amount of INR 2.55 lakh is offered to candidates with not less than 40% disability. Such candidates need to produce disability certificate. |
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Also Read |
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IIM Bangalore Fees for MBA
Are there any additional deposits required apart from the tuition fee?
What expenses are covered under the IIM Bangalore MBA fee?
Can students stay off-campus during the MBA program?
What types of scholarships are offered at IIM Bangalore?
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