IIMs have officially released the MBA fee structure for the latest 2025–27 batch, with top IIMs pricing their two-year program between ₹20 lakh and ₹27 lakh. On the other hand, the newer and smaller IIMs have set their fees for the same period between Rs. 14 lakhs and Rs. 20 lakhs.
NITIE Mumbai, which has been included as the 21st IIM, has also disclosed its fee structure for the 2025-27 batch. It is 15 lakhs for candidates opting to pay annually and 16 lakhs for those paying module-wise.
Each IIM provides detailed information about its fee structure in the admission offer, specifying which expenses are not covered. Apart from tuition fees, the IIM fees for MBA through CAT include various components such as hostel fees, study materials, library charges, and alumni fees. It is important to thoroughly understand the IIM fee structure before making your final admission decision.
Also Read:
- Top MBA Colleges in India: Compare Rankings, Fees, Average Placements & Factors to Select College
- Top MBA Colleges Accepting 80 percentile in CAT
- IIM Fees for MBA: Check Fees of Old, New and Baby IIMs
Key Summary
In this article, we have provided the fees for IIM if you are taking admission via the CAT exam 2025. You will get all the details, including:
- The comparison of IIM fees through CAT for the last 3 sessions, which are 2022-24, 2023-25 and 2025-27 sessions.
- The fees for IIM are the same for all categories of students, including general, SC, ST, and OBC. However, SC, ST and OBC students can apply for special scholarships at IIM during admission.
- The article also contains seat intakes of last year for all IIMs. Among the IIMs, IIM Ahmedabad, IIM Bangalore, IIM Calcutta, and IIM Lucknow provide the largest number of seats.
IM MBA Fees: Category-wise Summary Table
| Category | Average 2-Year MBA Fees (Top & New IIMs) | Fee Range | Key Notes |
|---|---|---|---|
| General | ₹17–24 lakh | ₹12–27 lakh | Pays full fees; eligible for need-based + merit scholarships |
| OBC–NCL | ₹17–24 lakh | ₹12–27 lakh | Same fee as General; eligible for need-based aid |
| SC | ₹0–3 lakh (after scholarships) | ₹12–27 lakh (before waiver) | Largest fee waivers; hostel/tuition support |
| ST | ₹0–3 lakh (after scholarships) | ₹12–27 lakh (before waiver) | 100% fee waiver in many IIMs |
| PwD | ₹0–5 lakh (after scholarships) | ₹12–27 lakh | High fee relaxation + additional support |
Also Check: Top MBA colleges in India
IIM Fees for MBA through CAT
In the table below, we have compared fees for the last 3 sessions. This will show that there has been an increasing trend in fees for all IIMs. Some IIMs, like IIM Mumbai and IIM Indore, have kept the fees the same.
Read more: Is CAT Compulsory for MBA
| IIM | MBA Fees 2025-27 | MBA Fees 2023-25 | MBA Fees 2022-24 |
|---|---|---|---|
| IIM Ahmedabad | Rs. 25 lakhs | Rs. 24.61 lakhs | Rs. 24.61 lakhs |
| IIM Bangalore | Rs. 24 lakhs | Rs. 24.70 lakhs | Rs. 23.20 lakhs |
| IIM Calcutta | Rs. 27 lakhs | Rs. 25.00 lakhs | Rs. 23.50 lakhs |
| IIM Lucknow | Rs. 21.75 lakhs | Rs. 21.75 lakhs | Rs. 21.75 lakhs |
| IIM Mumbai | Rs. 14.63 lakhs | Rs. 14.63 lakhs | -- |
| IIM Indore | Rs. 21.17 lakhs | Rs. 21.17 lakhs | Rs. 21.17 lakhs |
| IIM Kozhikode | Rs. 20.50 lakhs | Rs. 20.50 lakhs | Rs. 20.50 lakhs |
| IIM Shillong | Rs. 19 lakhs | Rs 18.56 lakhs | Rs 21.50 lakhs |
| IIM Rohtak | Rs. 17.60 lakhs | Rs 16.65 lakhs | Rs 17.90 lakhs |
| IIM Trichy | Rs. 20.50 lakhs | Rs16.50 lakhs | Rs 19.50 lakhs |
| IIM Udaipur | Rs. 20.43 lakhs | Rs 17.59 lakhs | Rs 21.43 lakhs |
| IIM Raipur | Rs. 15.62 lakhs | Rs 15.49 lakhs | Rs 15.93 lakhs |
| IIM Ranchi | Rs. 17.50 lakhs | Rs 17.20 lakhs | Rs 17.50 lakhs |
| IIM Kashipur | Rs. 17.42 lakhs | Rs 15.42 lakhs | Rs 17.30 lakhs |
| IIM Amritsar | Rs. 17.30 lakhs | Rs 16.00 lakhs | Rs 17.30 lakhs |
| IIM Bodh Gaya | Rs. 15.50 lakhs | Rs 14.95 lakhs | Rs 17.00 lakhs |
| IIM Jammu | Rs. 17.15 lakhs | Rs 14.82 lakhs | Rs 17.15 lakhs |
| IIM Nagpur | Rs. 18.00 lakhs | Rs 18.00 lakhs | Rs 19.40 lakhs |
| IIM Sambalpur | Rs. 13.08 lakhs | Rs 13.08 lakhs | Rs 13.08 lakhs |
Check: Top MBA Colleges Accepting Low Scores in CAT
Quick Fee Comparison (2025-27)
| IIM Tier | IIMs | Fee Range | Average ROI Timeline |
|---|---|---|---|
| Tier 1 | Ahmedabad, Bangalore, Calcutta | ₹24-27 lakhs | 8-12 months |
| Tier 2 | Lucknow, Indore, Kozhikode | ₹20-22 lakhs | 12-18 months |
| Tier 3 | Newer IIMs | ₹14-20 lakhs | 18-30 months |
Check:
- IBS Hyderabad MBA Fee Structure 2026–28 Released; Check Details Here!
- ISBM Pune MBA Fee Structure 2026 Announced
Hidden Costs Breakdown
| Expense Category | Amount (₹) | Frequency | 2-Year Total |
|---|---|---|---|
| Hostel Rent | 8,000-15,000 | Monthly | 1.92-3.60 lakhs |
| Mess Charges | 5,000-8,000 | Monthly | 1.20-1.92 lakhs |
| Books & Materials | 20,000-40,000 | One-time | 20,000-40,000 |
| Laptop/Tech | 60,000-1,00,000 | One-time | 60,000-1,00,000 |
| Study Tours | 50,000-1,50,000 | 2-3 times | 50,000-1,50,000 |
| Certifications | 30,000-80,000 | Optional | 30,000-80,000 |
| Total Additional Cost | ₹4.22-8.22 lakhs |
Read More: CAT Total MBA Seats in IIM and Other Colleges
Ques: Are IIM fees the same for all categories?
Ans. Yes, the tuition fee is identical for General, OBC, SC, ST, and EWS categories. However, reserved category students can apply for special scholarships and fee waivers based on family income.
Ques. Can I pay IIM fees in instalments?
Ans. Yes, all IIMs allow semester-wise payment (4 instalments over 2 years). The exact breakdown is provided in your admission offer letter.
Ques: Why have IIM fees increased so much in recent years?
Ans. IIM fees have increased by 15-25% over the last 5 years due to infrastructure upgrades, faculty expansion, international collaborations, and improved placement facilities.
Ques: Which IIM offers the best value for money?
Ans. IIM Mumbai (NITIE) at ₹14.63 lakhs offers excellent ROI with an average CTC of ₹29.44 LPA. Among the top IIMs, IIM Lucknow (₹21.75 lakhs) provides strong returns with ₹30 LPA average package.
Complete Cost Breakdown for IIM MBA Programs
| Component | Term 1 (in Lakhs) | Term 2(in Lakhs) | Term 3(in Lakhs) | Term 4(in Lakhs) | Total (2 Years) (in Lakhs) |
|---|---|---|---|---|---|
| Tuition Fee | ₹4.50-6.75 | ₹4.50-6.75 | ₹4.50-6.75 | ₹4.50-6.75 | ₹18-27 |
| Hostel Charges | ₹0.30-0.50 | ₹0.30-0.50 | ₹0.30-0.50 | ₹0.30-0.50 | ₹1.20-2.00 |
| Mess Advance | ₹0.25-0.35 | ₹0.25-0.35 | ₹0.25-0.35 | ₹0.25-0.35 | ₹1.00-1.40 |
| Library & IT | ₹0.10-0.20 | ₹0.10-0.20 | ₹0.10-0.20 | ₹0.10-0.20 | ₹0.40-0.80 |
| Alumni/Misc Fee | ₹0.05-0.15 | - | - | - | ₹0.05-0.15 |
| Average Term Total | ₹5.20-7.95 | ₹5.15-7.80 | ₹5.15-7.80 | ₹5.15-7.80 | ₹20.65-31.35 |
Note: Top IIMs (ABC) fall on the higher end, newer IIMs on the lower end of the range
IIM-wise Payment Structure Examples
| IIM Category | Example IIM | Tuition Fee | Additional Costs | Total Investment |
|---|---|---|---|---|
| Top Tier | IIM Bangalore | ₹24.50 L | ₹3.50 L | ₹28.00 L |
| Tier 2 | IIM Lucknow | ₹21.75 L | ₹3.00 L | ₹24.75 L |
| Newer IIMs | IIM Raipur | ₹15.62 L | ₹2.50 L | ₹18.12 L |
Ques. What is typically included in IIM tuition fees?
Ans. IIM tuition fees generally cover academic instruction, library access, IT infrastructure, campus facilities, basic study materials, and student amenities. However, hostel, mess, personal expenses, study tours, and additional certifications are NOT included and must be paid separately.
Ques: Are hostel charges mandatory at all IIMs?
Ans. Yes, most IIMs mandate on-campus accommodation for first-year MBA students to foster peer learning and community building. For example, at IIM Bangalore, all first-year students must stay in hostels, while second-year students may be allowed off-campus stays with permission. Policies vary slightly across IIMs, but the first-year requirement is nearly universal.
Ques.: What is mess advance, and how does it work across IIMs?
Ans. Mess advance is a refundable deposit paid each semester (typically ₹25,000-35,000) that gets adjusted against your actual monthly mess bills. For instance, at IIM Bangalore, students pay ₹30,000 per semester, which is deducted from their mess expenses. Any unused amount is refunded at the end of the term. This system is standard across most IIMs.
IIM Fees vs Private B-School Comparison
| Institute | Fees (2 Years) | Avg CTC | Seats | Cost per Placement |
|---|---|---|---|---|
| IIM Ahmedabad | ₹25 lakhs | ₹34.45 LPA | 408 | ₹72,549 |
| ISB Hyderabad (1yr) | ₹39.90 lakhs | ₹34.07 LPA | 915 | ₹1,17,126 |
| XLRI Jamshedpur | ₹30 lakhs | ₹32.70 LPA | 360 | ₹91,743 |
| FMS Delhi | ₹0.19 lakhs | ₹34.2 LPA | 240 | ₹5,555 |
| SP Jain Mumbai | ₹23 lakhs | ₹26.63 LPA | 240 | ₹86,368 |
IIM MBA Fees Scholarship
| IIM | Scholarship Name | Eligibility | Maximum Amount | Application Process |
|---|---|---|---|---|
| IIM Ahmedabad | Need-based Financial Aid | Family income <₹6 LPA | Up to 100% tuition | Automatic evaluation post-admission |
| IIM Bangalore | Merit-cum-Means | Family income <₹8 LPA | Up to ₹5 lakhs/year | Submit income proof with the application |
| IIM Calcutta | Financial Assistance | SC/ST/OBC/EWS | Up to 50% tuition | Apply within 30 days of admission |
| IIM Lucknow | Need-based Support | Family income <₹4.5 LPA | Variable | Post-admission application |
| IIM Kozhikode | Scholarship Fund | Merit + Need | Up to ₹3 lakhs | During the admission process |
| Scholarship | Provider | Amount | Eligibility |
|---|---|---|---|
| Aditya Birla Scholarship | Aditya Birla Group | ₹1.75 lakhs/year | Top 20 students at ABC IIMs |
| Reliance Scholarship | Reliance Foundation | ₹2 lakhs/year | Women candidates, merit-based |
| HDFC Education Loan Subsidy | HDFC Bank | Interest subsidy | Family income <₹6 LPA |
| Central Sector Interest Subsidy | Govt of India | Full interest during study | SC/ST/OBC, income <₹4.5 LPA |
IIM MBA Fee and ROI
| IIM | Total Investment* | Avg Salary (Year 1) | Break-even Point | 5-Year Earnings Advantage** |
|---|---|---|---|---|
| IIM Ahmedabad | ₹33 lakhs | ₹34.45 LPA | 14 months | ₹85+ lakhs |
| IIM Bangalore | ₹32 lakhs | ₹35.92 LPA | 13 months | ₹90+ lakhs |
| IIM Calcutta | ₹35 lakhs | ₹35.07 LPA | 14 months | ₹85+ lakhs |
| IIM Lucknow | ₹28 lakhs | ₹30.00 LPA | 15 months | ₹65+ lakhs |
| IIM Indore | ₹29 lakhs | ₹25.68 LPA | 18 months | ₹50+ lakhs |
| IIM Mumbai | ₹22 lakhs | ₹29.44 LPA | 11 months | ₹70+ lakhs |
*Includes fees + living expenses + opportunity cost (partial)
**Compared to a non-MBA corporate career trajectory
Ques: Is the IIM MBA worth the high fees?
Ans. For top IIMs (ABC, L, K, I), the ROI is excellent with break-even in 12-18 months. For newer IIMs, evaluate based on your career goals and background; those with good work experience see better returns.
Ques. How long does it take to recover the MBA investment?
Ans. On average, 12-24 months for top-tier IIMs and 18-36 months for newer IIMs, assuming you secure campus placement at or above the average CTC.
Ques. Should I take an education loan or pay up front?
Ans. Taking a loan offers tax benefits under Section 80E (interest deduction) under the old Tax regime, but in the New Tax Regime, the benefits are not available. Most MBA graduates repay loans within 5-10 years, depending on their monthly salary.
Loan Repayment Scenarios
| Monthly Salary Post-MBA | EMI (₹25L loan @ 9%) | Years to Repay | % of Salary |
| ₹80,000 | ₹31,700 | 10 years | 39.6% |
| ₹1,00,000 | ₹31,700 | 10 years | 31.7% |
| ₹1,50,000 | ₹47,550 | 7 years | 31.7% |
| ₹2,00,000 | ₹63,400 | 5 years | 31.7% |
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