IIM Fees for MBA 2024 ranges from Rs 10 Lakhs to Rs 32 Lakhs for 2-years program. IIMs are the go to colleges for MBA aspirants and the students will have to score the respective CAT cutoff to get into IIMs.
IIM fee structure 2024 ranges between Rs.10 lakhs to Rs.35 lakhs based on the course chosen by the students. Students can either pay upfront, procure a student or education loan, and one step ahead - some MNCs pay for their employees to take up a course with IIM to increase their managerial skills and productivity.
Students must know the IIM fee structure for MBA for the academic year 2024 to know if the IIM courses is affordable and make financial arrangements as such.
IIM Fee Structure for MBA 2024
The IIMs fees for an MBA range from around Rs 10 lakh to Rs 32 lakhs. The applicants of IIMs can check the fee structure mentioned in the table below:
| Name | Average Fees (INR) | No.of.Seats |
| IIM Ahmedabad | Rs 28,00,000 - Rs 32,00,000 | 385 |
| IIM Amritsar | Rs 10,28,750 - Rs 13,20,000 | 60 |
| IIM Bangalore | Rs 23,00,000 - Rs 24,50,000 | 412 |
| IIM Bodh Gaya | Rs 15,55,000 - Rs 16,00,000 | 60 |
| IIM Calcutta | Rs 25,00,000 - Rs 27,00,000 | 462 |
| IIM Indore | Rs 16,00,000 - Rs 21,17,000 | 550 |
| IIM Jammu | Rs 8,52,000 - Rs 14,82,000 | 45 |
| IIM Kozhikode | Rs 17,50,000 - Rs 20,50,000 | 353 |
| IIM Kashipur | Rs 7,75,000 - Rs 15,42,000 | 210 |
| IIM Lucknow | Rs 14,05,000 - Rs 19,25,000 | 436 |
| IIM Nagpur | Rs 13,75,000 0 Rs 18,00,000 | 60 |
| IIM Raipur | Rs 14,20,000 - Rs 15,84,000 | 210 |
| IIM Ranchi | Rs 10,10,000 - Rs 15,30,000 | 155 |
| IIM Rohtak | Rs 14,00,000 - Rs 15,20,000 | 180 |
| IIM Shillong | Rs 14,37,500 - Rs 14,60,000 | 120 |
| IIM Sambalpur | Rs 10,00,000 - Rs 10,50,000 | 140 |
| IIM Trichy | Rs 11,80,000 - Rs 14,00,000 | 180 |
| IIM Udaipur | Rs 11,18,000 - Rs 16,54,000 | 180 |
| IIM Visakhapatnam | Rs 12,00,000 - Rs 15,04,000 | 60 |
Also Check: Total Seats in IIM 2023
The fees of IIMs vary because of many factors, such as the institute's location, the institute, the market value of the institute, and the type of course that students will pick. Usually, IIMs increase their MBA fee by 2-3% annually.
The fees for IIM are paid semester-wise. IIM course fee includes boarding, lodging, services, and utilities. IIM fee has the following components
- Tuition fee
- Personal expenses
- Boarding
- Travel
- Course material
- Mess charges
- Library
- Internet
- Laptop and computer
- Alumni activities and
- Miscellaneous expenses
Also Check: Top MBA Colleges in India Other Than IIMs
Fees for One-Year MBA Executive Program 2024
MBA Executive or PGP Ex programme is for working professionals or those with high work experience (at least 5 years). EMBA students can keep their jobs and attend classes on weekends and other free days.
The general age of people who go for an MBA Executive tends to be higher than that of full-time MBA students. This trend is valid for fees as well. Given below are the fees for all IIMs for MBA executives.
| Name | Fee Structure |
| IIM Ahmedabad | Rs 28,00,000 |
| IIM Bangalore | Rs 27,50,000 |
| IIM Calcutta | Rs 27,00,000 |
| IIM Indore | Rs 20,10,000 |
| IIM Kozhikode | Rs 10,00,000 |
| IIM Lucknow | Rs 23,80,000 |
| IIM Ranchi | Rs 10,00,000 |
| IIM Rohtak | Rs 6,50,000 |
| IIM Shillong | Rs 18,75,000 |
| IIM Visakhapatnam | Rs 10,70,000 |
Also Check: One-Year Executive MBA from IIM
IIM Eligibility and Admission Criteria 2024
The selection process for IIMs is based on the CAT exam score and the GD-PI process that occurs after that. Yet, this is only the tip of the iceberg. The candidates who have completed their graduation with a minimum of 50% aggregate or are in their final year can apply for the CAT exam and other MBA colleges.
Also Check: Distance MBA from IIMs
The details for the admission shortlist and eligibility criteria are given below.
- CAT score is the essential criterion. The candidates must have a high percentile to seek admission into an IIM. The IIM cutoff is released every academic year for the students to know if they are eligible to get into the respective IIMs.
- Class X and XII aggregate scores are tabulated to see whether the candidate is worthy of admission into an IIM. The scores for these classes have less weightage than the CAT Score.
- WAT (Written Ability Test), GD (Group Discussion), and PI (Personal Interview) is conducted for each candidate, and the conducting body gives scores based on their performance.
- Academic Diversity (Engineering/Non-Engineering), Gender Diversity (Male/Female), and Work Experience are also counted for the student's final score to gain admission into any of the IIMs.
Also Check: IIM Placements 2023
