IIM MBA Fees 2025: Check Top IIM-Wise Fees Structure for MBA

The IIM MBA Fees 2025 will cost between INR 16.28 lakh and INR 27 lakh in 2025. IIM Calcutta leads with the highest fees at INR 27 lakh, while IIM Ahmedabad comes close at INR 26.50 lakh. Students looking for more affordable options can turn to IIM Bodh Gaya, which charges around INR 16.28 lakh.

The age of an IIM plays a big role in its fee structure. Most IIMs that are over 25 years old charge above INR 25 lakh. The newer IIMs, started after 2010 and nicknamed ‘Baby IIMs’, set their fees between INR 17.50 lakh and INR 21 lakh. These include institutes like IIM Sambalpur, IIM Jammu, IIM Nagpur, IIM Amritsar and IIM Bodhgaya. Students should also consider in hostel costs that add INR 1.5 lakh to INR 2.5 lakh yearly. This blog breaks down each IIM’s fee structure to help students plan their educational investment better.

Overview of IIM MBA Fees 2025

IIM Calcutta leads with the highest fee of INR 27 lakh, while IIM Bodh Gaya provides the most affordable programme at INR 16.28 lakh. Most IIMs run residential programmes where students spend an extra INR 30,000 to 70,000 yearly on hostel and mess facilities. Here’s a breakdown of the IIM MBA fees 2025 for the 2025-27 batch:

IIM Campus	1st Year Fees	2nd Year Fees	Total Fees
Old IIMs
IIM Ahmedabad	₹13,25,000	₹13,25,000	₹26,50,000
IIM Bangalore	₹13,00,000	₹13,00,000	₹26,00,000
IIM Calcutta	₹13,50,000	₹13,50,000	₹27,00,000
IIM Lucknow	₹10,37,500	₹10,37,500	₹20,75,000
IIM Indore	₹10,58,900	₹10,58,900	₹21,17,800
IIM Kozhikode	₹10,25,000	₹10,25,000	₹20,50,000
IIM Mumbai	₹7,00,000	₹7,00,000	₹14,00,000
New IIMs
IIM Shillong	₹12,29,000	₹12,99,000	₹25,28,000
IIM Ranchi	₹9,60,000	₹9,60,000	₹19,20,000
IIM Rohtak	₹8,95,000	₹8,95,000	₹17,90,000
IIM Raipur	₹10,29,500	₹8,67,000	₹18,96,500
IIM Trichy	₹9,87,500	₹9,62,500	₹19,50,000
IIM Kashipur	₹8,82,000	₹8,48,000	₹17,30,000
IIM Udaipur	₹8,83,000	₹8,83,000	₹17,66,000
Baby IIMs
IIM Amritsar	₹10,35,000	₹10,65,000	₹21,00,000
IIM Bodh Gaya	₹8,98,000	₹8,98,000	₹17,96,000
IIM Jammu	₹10,37,980	₹10,36,980	₹20,73,960
IIM Nagpur	₹9,45,000	₹9,45,000	₹18,90,000
IIM Sambalpur	₹10,50,000	₹10,51,000	₹21,01,000
IIM Sirmaur	₹8,30,000	₹7,70,000	₹16,00,000

Also Check: MBA Colleges In Hyderabad

IIM MBA Fees 2025: Old vs New vs Baby IIMs

Students can pay their IIM MBA fees 2025 in semester-wise instalments at most IIMs. These institutes also provide scholarships and loan support, especially for students from economically weaker sections and reserved categories.

The IIM MBA fees 2025 covers tuition, accommodation, mess, academic materials, library access, internet services, and administrative costs. Students should understand these components well to plan their finances for their two-year MBA experience. India’s 20 IIMs fall into three groups based on when they started:

1. Old/Main IIMs (before 1996):
   • Known as “BLACKI” (Bangalore, Lucknow, Ahmedabad, Calcutta, Kozhikode, Indore)
   • Fees range from INR 20.5 lakh to INR 27 lakh
   • Run with great autonomy and little government oversight
2. New IIMs (1996-2014):
   • These include IIM Shillong, IIM Rohtak, IIM Raipur, IIM Ranchi, IIM Trichy, IIM Kashipur, and IIM Udaipur
   • Fees: INR 17.5 lakh to INR 26.18 lakh
   • Building their reputation with growing alumni networks
3. Baby IIMs (after 2014):
   • These are IIM Nagpur, IIM Visakhapatnam, IIM Amritsar, IIM Bodh Gaya, IIM Sambalpur, IIM Jammu, and IIM Sirmaur
   • Most budget-friendly with fees between INR 16.28 lakh and INR 21 lakh
   • Older IIMs mentor these institutes. IIM Kozhikode mentors IIM Amritsar

IIM MBA Fees 2025 for General, SC, and OBC categories

The IIM MBA fees 2025 structure stays the same for all students, but scholarship options vary by category. Students from SC, ST, and OBC backgrounds pay the same IIM fees per year as others. However, candidates can get substantial financial help through various scholarship programmes based on their family income and academic performance.

IIM-Wise Hostels Fees

Most IIMs require students to stay in hostels. The costs vary by institute. IIM Udaipur students pay extra mess charges of about INR 23,100 per term. Other IIMs include these charges in their hostel fees.

IIM Campus	Hostel Fees (Approx)
IIM Ahmedabad	Rs 2 Lakh to Rs 3 Lakh
IIM Bangalore	Rs 1.90 Lakh to 2 Lakh+
IIM Calcutta	Rs 1.80 Lakh to Rs 2 Lakh+
IIM Lucknow	Rs 95k to Rs 1.35 Lakh+
IIM Indore	Rs 1 Lakh+
IIM Kozhikode	Rs 1.20 Lakh+
IIM Trichy	Rs 1.20 Lakh+
IIM Ranchi	Rs 1.20 Lakh
IIM Sambalpur	Rs 50,000 to Rs 1 Lakh+
IIM Rohtak	Rs 1.10 Lakh+
IIM Vishakhapatnam	Rs 75k to Rs 1 Lakh+
IIM Kashipur	Rs 90,000+
IIM Raipur	Rs 60,000+
IIM Udaipur	Rs 80,000+
IIM Nagpur	Rs 75000+
IIM Bodh Gaya	Rs 70,000+
IIM Amritsar	Rs 60,000+
IIM Jammu	Rs 50,000+
IIM Sirmaur	Rs 50,000+
IIM Shillong	Rs 1 Lakh+
IIM Mumbai	Rs 70,000+

IIM MBA Fees 2025 With Lowest Fees

Given below is the lowest fee for various IIM MBA programs.

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

Breakdown of IIM MBA Fees 2025 Components

The IIM MBA fees 2025 structure has many components that students need to understand before they start their MBA. This knowledge helps them plan their finances better than just looking at the total cost. Each part plays a specific role in a student’s education, though it varies between institutes.

Tuition fees

Tuition makes up the biggest part of IIM MBA fees 2025 – about 70-80% of what a candidate will pay. Premier institutes like IIM Ahmedabad charge around ₹19.35 lakhs for their two-year programme. IIMs split their tuition into six terms over two years. IIM Udaipur students pay ₹2.60 lakhs in Term I and ₹3.30 lakhs each for Terms II and III in their first year. The second year costs ₹3 lakhs per term.

Hostel and mess charges

Students must stay on campus at most IIMs. The costs depend on location and what each campus offers. Some institutes let students choose their living arrangements. IIM Ahmedabad’s students can live off-campus in their second year. IIM Bangalore asks for a ₹5,000 refundable deposit for hostel facilities.

Library, internet, and IT services

Learning resources are a key part of the IIM fee structure. These include:

• Library fees: Access to physical and digital collections, research databases, and academic journals
• Internet charges: Campus-wide Wi-Fi, network setup, and digital communication platforms
• IT services: Computer labs, software subscriptions, and tech support

Most IIMs include these costs in their tuition. IIM Bangalore’s fees cover library access, internet, case permission royalty, and course materials. IIM Kozhikode bundles library and computer lab fees into its complete fee structure.

Medical insurance and personal expenses

Health coverage and daily needs are part of the total IIM fees per year:

• Medical insurance: Costs ₹5,000 to ₹12,000 yearly
• Personal accident insurance: IIM Bangalore includes this
• Personal expenses: Students should budget ₹1-1.5 lakhs yearly for clothes, travel, and other needs

Medical insurance comes with the fee package at many IIMs. Students handle their expenses based on their lifestyle choices.

International immersion programme costs

Some IIMs offer international exposure with different payment plans:

• IIM Calcutta: Economy airfare for study tours comes with programme fees
• IIM Ahmedabad PGPX: Students pay extra for the International Immersion Programme, not including travel and stay
• IIM Dubai: Programme fees cover international immersion but not travel and accommodation

These 1-2 week programmes help students understand global business, different cultures, and build international networks.

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Executive MBA Fees at IIMs (2025–27)

IIM’s Executive MBA programmes are perfect for mid-career professionals who want to advance their careers without taking long breaks. These programmes cost more due to their compact format and specialised curriculum. Executive MBA programmes at IIMs have different price points based on their reputation and how they’re delivered. Most executive programmes bundle tuition, course materials, accommodation and library facilities into one complete fee.

Executive MBA programme	Course Fee (approx.)
IIM Ahmedabad – PGPX	INR 33.00 Lakh
IIM Bangalore – EPGP	INR 33.96 Lakh
IIM Calcutta – MBAEx	INR 31.00 Lakh
IIM Indore – EPGP	INR 22.11 Lakh
IIM Lucknow – IPMX	INR 26.00 Lakh
IIM Kozhikode-Executive MBA	INR 12.00 Lakh
IIM Raipur – ePGP	NA
IIM Udaipur – EMBA	INR 14.20 Lakh
IIM Rohtak – PGPx	INR 7.43 Lakh
IIM Visakhapatnam- EMBA	INR 10.80 Lakh
IIM Trichy – PGPM	INR 14.50 Lakh
IIM Sambalpur- Exe-MBA	INR 12.00 Lakh
IIM Ranchi- Executive MBA	INR 12.50 Lakh
IIM Jammu- EMBA	INR 9.92 Lakh
IIM Amritsar – EMBA	INR 12.00 Lakh
IIM Shillong – PGPEx	INR 22.71 Lakh
IIM Kashipur – Executive MBA	INR 12.00 Lakh
IIM Nagpur-Executive MBA	INR 9.50 Lakh
IIM Indore- EPGP	INR 22.11 Lakh

IIM MBA Fees 2025: Scholarships and Financial Aid Options

Finance remains the biggest problem for students who want to pursue an MBA at IIMs. The good news is that many scholarship and financial aid options help make these elite programmes accessible to more people.

Merit-based and need-based scholarships

IIMs support students through two main types of scholarships:

Merit-based scholarships reward academic excellence, whatever your financial situation. IIM Bangalore students can earn awards like the Siddharth Padam Scholarship when they top the CGPA in Economics and Finance courses. The institute also gives out the Srimati Saraswati Kulkarni Prize to students who excel in entrepreneurship courses.

Need-based scholarships help students from modest financial backgrounds. Students at IIM Indore can get Need-Based Financial Assistance (NBFA) if their family’s yearly income stays below ₹12 lakhs. IIM Ahmedabad also provides Special Need-based scholarships to students whose family earns less than ₹15 lakhs annually.

IIM-Specific Scholarship Schemes

Each IIM runs its own unique scholarship programmes:

IIM Campus	Scholarship Scheme	Eligibility / Description	Scholarship Amount / Benefits
IIM Ahmedabad	Need-Based Scholarship	For PGP students with an annual family income under ₹15 lakh	Partial tuition fee waiver and financial assistance
	SC/ST Scholarship	For SC/ST category students	₹150 per month for 10 months
	Exit Scholarship	For aspiring entrepreneurs opting out of placements	₹30,000 per month for 3 years
	Scholarship for students joining NGOs	Financial help and partial education loan repayment	₹3-4 lakh per year
	Merit-based & Corporate Scholarships	Includes Aditya Birla, OP Jindal Scholarships	Varies; up to ₹1.75 lakh per year
IIM Bangalore	Aditya Birla Scholarship	Top 25% PGP students	₹1.75 lakh per year
	OPJEMS Scholarship	Top 10 second-year students	₹1.5 lakh
	NTPC Scholarship	SC/ST/PwD second-year students	₹48,000 per year
	Ministry of Social Justice and Empowerment Scholarships	Meritorious SC/ST first-year students	Full tuition coverage
	Employment in the Social Sector Scholarship	Graduates working in the social sector	One-third fees reimbursement for 3 years
	Alumni Scholarships	Various, based on merit and need	Varies; includes Runwal Educational Trust, Siddharth Padam, etc.
IIM Calcutta	Merit-based Scholarships	Academic excellence at school, graduation, and CAT scores	Varies; includes B.P. Poddar, India Carbon, TIL, Aditya Kashyap Memorial scholarships
	Need-based Scholarships	For financially weaker students	Partial/full tuition fee waiver
	Diversity & Gender-based	For candidates from diverse cultural, religious backgrounds	Financial support
	External Sponsored Scholarships	Supported by organisations like Ratan Tata Trust, Aditya Birla Group, HUL	Varies
IIM Lucknow	Need-Based Scholarships	Based on family income, irrespective of category	Partial/full fee waiver
	Industry-Sponsored Scholarships	Based on academic performance	₹6,000 to ₹1,00,000 per annum
	Merit-cum-Means Scholarships	For 25% students meeting specific norms	₹2,200 per student per annum
	SC/ST Scholarships	All SC/ST students are eligible	₹1,500 per annum
IIM Kozhikode	Merit Scholarship	Top-performing students based on academic performance	Up to INR 1,50,000 per year
	Need-Based Financial Assistance	For students with gross family income up to ₹8 lakh	Tuition fee waiver between 50%-100%
	Top Class Education Scheme	SC and ST students with specified family income limits	Full tuition fee
IIM Indore	Aditya Birla Scholarship	Academically strong first-year students	₹1,75,000 per year
	OPJEMS Scholarship	Top 20 second-year students	₹1,25,000
	SBI Scholarship	Merit-based	₹1,50,000
	Eicher Scholarship	Awarded to a deserving student	₹50,000 per year
IIM Rohtak	SC/ST Need-Based Scholarship	Awarded by the Ministry of HRD based on income	Tuition and some fees waived
	Merit Scholarships	To top 5 rank holders annually	₹1,00,000 cash prize
IIM Ranchi	Means-cum-Merit Scholarship	Minimum 7.5 CGPA, family income up to ₹8 lakh	Fee refund of ₹40,000 per term

Government and private scholarships

The government offer substantial support across India:

Central Government Scholarships help SC students whose families earn below ₹4.5 lakhs through the Top Class Education Scheme. ST students can benefit from the National Fellowship. OBC, EBC, and DNT students can access support through the PM Yasasvi Scheme.

State Government Scholarships include Maharashtra’s Dr. Panjabrao Deshmukh Sarathi Higher Education Domestic Scholarship, Odisha’s Krishi Vidya Nidhi Yojana, and Tamil Nadu’s BC, MBC & DNC Scholarship Scheme.

Private Scholarships include the Aditya Birla Scholarship (₹1.75 lakhs per student), OPJEMS Scholarship (₹1.5 lakhs), and Mirae Asset Foundation Scholarship (₹5 lakhs per student), which help students whose families earn less than ₹8 lakhs.

Education Loan Options and Interest Rates

Education loans are a great way to get funding: Banks offer special loan packages to IIM students with interest rates between 8% and 13%. Punjab National Bank gives loans up to ₹35 lakhs at 8.20% interest (4% for PwD students) with a 15-year repayment window, including a moratorium. Bank of Baroda provides up to ₹40 lakhs without collateral at rates starting from 8.85%.

IIM students’ education loans come with zero margin money, no prepayment charges, and long repayment periods up to 15 years.

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IIM MBA Fees 2025 and Return on Investment (ROI)

The IIM fees for MBA, compared to potential earnings, show why aspiring students need these programmes. The financial numbers reveal major differences in returns among institutions. Each IIM offers different returns on investment: 

IIM  Campus	IIM Fee (In Lakhs)	Average CTC offered in Campus placements
IIM Ahmedabad	INR 25.00 lakh	INR 34.45 LPA
IIM Bangalore	INR 24.50 lakh	INR 35.92 LPA
IIM Calcutta	INR 27.00 Lakh	INR 35.07 LPA
IIM Lucknow	INR 20.70 lakh	INR 30.00 LPA
IIM Kozhikode	INR 20.50 lakh	INR 29.20 LPA
IIM Indore	INR 21.17 lakh	INR 25.68 LPA
IIM Raipur	INR 18.00 lakh	INR 21.04 LPA
IIM Shillong	INR 17.50 lakh	INR 26.10 LPA
IIM Rohtak	INR 17.90 lakh	INR 19.27 LPA
IIM Kashipur	INR 17.30 lakh	INR 18.10 LPA
IIM Jammu	INR 18.85 lakh	INR 15.48 LPA
IIM Udaipur	INR 14.96 lakh	INR 18.80 LPA
IIM Trichy	INR 19.50 lakh	INR 19.43 LPA
IIM Visakhapatnam	INR 17.82 lakh	INR 15.61 LPA
IIM Bodhgaya	INR 17.96 lakh	INR 13.09 LPA
IIM Ranchi	INR 17.20 lakh	INR 18.69 LPA
IIM Nagpur	INR 18.90 lakh	INR 16.29 LPA
IIM Sambalpur	INR 21.01 lakh	INR 14.21 LPA
IIM Sirmaur	INR 17.50 lakh	INR 14.45 LPA
IIM Amritsar	INR 21.00 lakh	INR 16.51 LPA
IIM Mumbai	INR 14.00 lakh	INR 29.44 LPA

ROI Comparison: Old vs New vs Baby IIMs

Each tier shows unique ROI patterns:

• Old IIMs (BLACKI): Students earn INR 32-35 LPA against fees of INR 20-27 lakhs, making these programmes great value. The highest package reached INR 1.54 crore per year, showing their market worth.
• New IIMs: Packages range from INR 18-26 LPA against fees of INR 17-20 lakhs. Returns are decent but take longer to realise.
• Baby IIMs: ROI looks challenging as several institutes show negative returns when comparing first salary with programme costs. To cite an instance, IIM Bodh Gaya’s INR 17.96 lakh programme yields average placements of INR 13.09 lakhs.

Conclusion

Getting an MBA from IIM is a big financial commitment for future business leaders. The IIM MBA fees 2025 show a clear tier system among India’s top management schools. Students pay anywhere from INR 16.28 lakh at IIM Bodh Gaya to INR 27 lakh at IIM Calcutta. These differences come from each school’s age, reputation, infrastructure, and government funding. The 50-year-old IIMs like Ahmedabad, Bangalore and Calcutta charge premium fees above INR 25 lakh. Baby IIMs keep their fees more affordable between INR 16-21 lakh.

Smart financial planning needs a detailed look at costs beyond just the basic fees. Tuition makes up 70-80% of what you’ll pay. You also need to budget for hostel stays, food, and study materials. The original cost might seem high, but students can get help through merit scholarships, financial aid, government programmes, and student loans with good terms.

The return on investment makes sense even with high fees. Students from 50-year-old IIMs earn back their investment in their first year of work. They get average packages of INR 32-35 LPA. Newer IIMs also give good returns, but it takes longer to recover the costs. These job outcomes show why premium fees at top schools are worth it.

Frequently Asked Questions