IIM Fee Structure 2026: MBA Fees (₹13 Lakhs to ₹35 Lakhs) for All IIMs
Anil Solonki28 Aug, 2026
IIM Fee Structure 2026 is an important factor for MBA aspirants planning to pursue management education at the Indian Institutes of Management (IIMs). With the CAT 2026 notification now released, the registration process will begin on 3 August 2026 and continue until 15 September 2026, while the examination is scheduled for 29 November 2026.
The total cost of studying at an IIM varies depending on the institute and programme, and generally includes tuition fees, hostel charges, academic expenses, caution deposits, and other institutional fees. In addition to understanding the fee structure, candidates should also explore the scholarships, financial assistance, and education loan facilities offered by different IIMs to plan their MBA journey effectively
IIM Fee Structure for MBA Overview
Complete IIM Fee Structure for MBA/PGP
The IIM fees for MBA and PGP programmes vary by institute, programme structure, accommodation, and other institutional charges. For a two-year MBA or PGP, the total fee generally includes tuition along with hostel or accommodation, academic services, course materials, student activities, and other applicable charges. Comparing the total programme cost across IIMs is therefore more useful than looking at tuition alone. 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 / Institute | MBA/PGP Fee Range / Total Fee | Programme |
| IIM Ahmedabad | ₹27.50 lakh (approx.) | MBA/PGP |
| IIM Bangalore | ₹26.00 lakh + ₹30,000 caution deposit | PGP/MBA |
| IIM Calcutta | ₹31 lakh (approx.) | MBA |
| IIM Lucknow | ₹20.75 lakh approx. | MBA |
| IIM Kozhikode | ₹23.50 lakh | MBA/PGP |
| IIM Indore | ₹24.00 lakh course fee + applicable deposits/charges | MBA/PGP |
| IIM Mumbai | ₹25.00 lakh + ₹50,000 refundable caution deposit | MBA |
| FMS Delhi | ₹2–3 lakh (approx.) | MBA |
| IIM Visakhapatnam | ₹17.83 lakh (approx.) | MBA/PGP |
| IIM Raipur | ₹20.08 lakh + mess/insurance/caution charges | MBA/PGP |
| IIM Trichy | ₹18.50 lakh tuition + ₹1 lakh acceptance fee + ₹30,000 caution deposit + mess | MBA/PGPM |
| IIM Rohtak | ₹17.90 lakh academic fee + additional charges | MBA/PGP |
IIM Fees for Executive MBA
The table below provides the details of the IIM Executive Exam fee structure for the Executive MBA program :| 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.
Detailed Fee Breakdown for Top IIM
The total fee typically includes multiple components, which are paid semester-wise or term-wise. Here are the detailed breakdowns for the most sought-after IIMs.IIM Ahmedabad MBA Fee Schedule
IIM Ahmedabad MBA fees include the programme fee along with applicable accommodation, academic, campus, and other institutional expenses. Candidates should check the latest institute-issued fee schedule because the total amount can vary depending on the programme structure and applicable charges. IIM Ahmedabad's fee structure often differentiates between single students and married couples seeking on-campus housing.
| Fee Component | Amount |
| Programme / Tuition Fee | ₹22,00,000 |
| Hostel / Accommodation | Included |
| Other Academic Charges | Included |
| Miscellaneous Charges | Additional |
| Total MBA Fee | ₹22,00,000 |
IIM Calcutta MBA Fee Installments
IIM Calcutta MBA fees are paid according to the institute's prescribed schedule and may include programme charges, deposits, accommodation, and other applicable expenses. Candidates should review the latest fee notice for the exact amount and payment schedule.
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) |
IIM Bangalore MBA Fee
IIM Bangalore MBA fees include the programme fee and other applicable expenses associated with academic services, accommodation, student facilities, and campus-related services. The total cost should be checked against the latest official fee schedule before admission because individual components may change.
|
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
IIM Lucknow fee structure details for the MBA PGP program are mentioned below:| 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
The fee structure for the 2-year MBA program at IIM Kozhikode is mentioned below:| 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
At IIM Indore, students need to pay the MBA course fee in 6 instalments. The details of the 2-year MBA fee at IIM Indore are mentioned below:| 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
At IIM Trichy, students have to pay the entire term fee at the beginning of each term. The amount paid as a caution fee is refunded to students at course compilation time. The details of the IIM Trichy fee amount are as follows:| 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
The total fee of a 2-year MBA program at IIM Rohtak is Rs 17,90,000, which is payable in 6 instalments at the beginning of each term. The details of the IIM Rohtak fee are provided below:| 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
The total MBA program fee at IIM Raipur is Rs 15,92,960. Term-wise fee details at IIM Raipur are mentioned below:| 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 | ||||||
IIMs With Lowest Fee
Not all IIMs have the same MBA fee structure. Newer IIMs may have lower total programme costs than some of the older IIMs, although the actual fee depends on the institute, programme, accommodation, and other charges. Candidates looking for the lowest-fee IIM should compare the complete two-year programme cost rather than tuition alone. 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 |
IIM MBA Fees for 2 Years
For most two-year MBA and PGP programmes, candidates should consider the total programme cost across all semesters rather than only the tuition component. The overall IIM MBA fee can include tuition, hostel or accommodation, course materials, campus facilities, student activities, deposits, and other applicable charges. The exact two-year cost varies by institute and should be checked against the latest official fee structure.
IIM Fee Structure Components and Inclusions
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).
IIM Scholarships for MBA Programs
To support deserving candidates in pursuing their MBA degrees without financial worries, IIMs provide financial assistance through scholarships. These scholarships are available for candidates from financially weak backgrounds. There are mainly two types of IIM fees for MBA with scholarships and financial aid:- Scholarship for meritorious candidates : These are awarded to students who perform exceptionally well academically.
- Scholarship for economically backward candidates : These are provided to candidates who come from less privileged financial backgrounds.
Also Read: MBA Entrance Exam
IIM Fee Structure vs. Average MBA Salary (Return on Investment)
When comparing the cost of an IIM MBA, candidates should evaluate both the total programme fee and the potential career outcomes. MBA ROI can depend on factors such as total education cost, placement outcomes, salary levels, location, opportunity cost, and financing or loan requirements. A lower-fee IIM is not automatically the best-value option, so candidates should compare fees alongside programme and career outcomes. 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 |
IIM Fee Structure FAQs
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What are the factors that influence the IIM fee structure?
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Do all IIMs have the same MBA fees?
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