| KdTvCV - Jun 24, 2026
IIM Bangalore has released the fee structure for its MBA (PGP) and Executive Post Graduate Programme (EPGP) for the 2026 batch. The two-year MBA costs Rs 26 lakh, while the one-year EPGP is priced at Rs 33.68 lakh with hostel.
Indian Institute of Management Bangalore (IIMB) has released the 2026 fee structure. The update covers the Post Graduate Programme in Management (PGP). It also covers the Executive Post Graduate Programme in Management (EPGP). The fee details are now live on the official website at iimb.ac.in.
The two-year MBA costs Rs 26,00,000 in tuition and allied fees. The one-year EPGP costs Rs 33,68,000 with hostel accommodation. Without hostel, the EPGP total drops to Rs 32,20,000. Candidates can check the full breakdown and scholarships on the site.
MBA (PGP) Fee Breakdown for 2026-28
The PGP fee covers tuition, library, internet, and course material. It also includes hostel room rent and service charges. Medical insurance, personal accident insurance, and alumni activity charges are also included. On-campus accommodation is provided in the first year. Second-year students may opt for off-campus housing.
| Fee Component | Amount (Rs) |
|---|---|
| Total Tuition and Allied Fees (2 years) | 26,00,000 |
| Caution Deposit (one-time, refundable) | 30,000 |
| Mess Advance (per term) | 30,000 |
Service tax is applicable on the fee as per current law. The caution deposit is refundable at the end of the programme.
EPGP Fee Breakdown for 2026-27
The EPGP is a one-year full-time MBA for working professionals at IIMB. The fee includes tuition, international immersion, and an optional hostel stay. Candidates can choose to stay on campus or arrange their own accommodation.
| Fee Component | With Hostel (Rs) | Without Hostel (Rs) |
|---|---|---|
| Tuition Fee | 26,50,000 | 26,50,000 |
| Accommodation | 80,000 | Not applicable |
| International Immersion | 5,50,000 | 5,50,000 |
| Hostel Mess | 63,000 | Not applicable |
| Refundable Deposit | 25,000 | 20,000 |
| Total Programme Cost | 33,68,000 | 32,20,000 |
The international immersion module is a key part of the EPGP curriculum. The refundable deposit is returned at the end of the programme.
Scholarships and Financial Aid at IIM Bangalore
IIMB offers need-based financial aid for PGP students from lower-income households. Applicants with annual household income below Rs 8,00,000 are eligible to apply. Students facing severe financial hardship from unforeseen events can also seek aid. The institute waives 20, 40, 60, 80, or 100 percent of fees.
Several merit and need-based scholarships are also available for PGP students.
| Scholarship | Award Amount | Eligibility |
|---|---|---|
| Aditya Birla Scholarship | Rs 1.75 lakh | Merit-based; both years |
| OPJEMS Scholarship | Rs 1.50 lakh | Top 10 second-year performers |
| NTPC Scholarship | Rs 48,000 per year | SC/ST/PwD second-year students |
| Social Sector Employment | One-third fees annually | Three years social sector work |
| Government SC/ST/PwD Scholarship | Full tuition | Means-based criteria |
The EPGP also offers its own set of scholarship awards.
| Scholarship Type | Award Amount | Slots Available |
|---|---|---|
| Merit Scholarship | Rs 8,00,000 tuition waiver | 12 |
| Merit-cum-Means Scholarship | Rs 6,00,000 | 7 |
| Performance-Based Scholarship | Rs 4,00,000 | Top 5 after term 2 |
State Bank of India also offers Scholar loan facilities to EPGP students. The IIMB campus branch handles all loan-related queries for candidates.
How Can Students Apply for Financial Aid?
Selected candidates can apply for need-based aid after confirming their admission. The aid amount is decided through a financial assessment process. The review considers household income, savings, real estate, and other assets.
For scholarship details, candidates should visit the official IIMB pages. The PGP financial aid page covers MBA awards. The EPGP financial aid page lists EPGP-specific scholarships.
IIM Bangalore offers fee waivers of up to 100 percent. This benefit applies to eligible PGP students from lower-income homes. It makes one of India's top MBA programmes more accessible.
Action Plan for Candidates
- Visit the official IIMB programme page for PGP or EPGP fee details.
- Review the full fee breakdown and plan your finances accordingly.
- Check eligibility for need-based aid or merit scholarships.
- Keep income and asset documents ready for the aid assessment.
- Contact the IIMB campus SBI branch for education loan support.
Watch for upcoming PGP and EPGP application deadlines on iimb.ac.in. Scholarship rounds for the 2026 batch will be announced soon.
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