The IIM Fees for MBA through CAT 2026 for academic year 2027- 29 will be released by IIMs at their respective website after the commencement of exam. You can refer the MBA/PGP fee structure for the 2026- 28 batch below.

  • The total fee for the flagship MBA or PGP programme at the top IIMs including Ahmedabad, Bangalore and Calcutta is generally between INR 26 lakh and INR 27.5 lakh.
  • The newer IIMs have generally fixed the MBA or PGP 2026- 28 programme fee between INR 17 lakh and INR 22 lakh.
  • Every IIM provides the complete fee structure along with the admission offer including the payment schedule and details of the applicable charges.

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IIM Fees for MBA through CAT

Key Summary

  • Some expenses, including mess charges, may be charged separately at certain IIMs so candidates should check the fee details before confirming admission.
  • The total MBA/PGP fee generally includes tuition fees, hostel or accommodation charges, library fees, study material, student activity charges, alumni fees and other academic expenses.

IIM MBA Fees: Category-wise Summary Table (2026-28)

General and OBC-NCL candidates have an average effective MBA fee of ₹17–24 lakh for the 2026–28 batch, while the fee range before scholarships and financial aid remains ₹17–27.5 lakh.

  • The average effective MBA fee is ₹0-5 lakh for SC and ST candidates after eligible scholarships and fee waivers, while PwD candidates have an expected effective fee range of ₹0-8 lakh.
Category Average Effective 2-Year MBA Fees (Top & New IIMs) Fee Range (Before Aid) Key Notes
General INR 17- 24 lakh INR 17- 27.5 lakh Pays full fees; eligible for need-based + merit scholarships
OBC–NCL INR 17- 24 lakh INR 17- 27.5 lakh Same fee as General; eligible for need-based aid and some scholarships
SC INR 0- 5 lakh (after scholarships/waivers) INR 17- 27.5 lakh Significant fee waivers + government scholarships (tuition/hostel support possible for eligible students)
ST INR 0- 5 lakh (after scholarships/waivers) INR17- 27.5 lakh Often near-full or substantial waivers + government support in many IIMs
PwD INR 0- 8 lakh (after scholarships/waivers) INR 17- 27.5 lakh High fee relaxation + additional support/scholarships

Also Check: Top MBA colleges in India

Ques. Do all IIMs charge different MBA fees for General, OBC, SC, ST, and PwD candidates?

Ans. No. Most IIMs have the same published MBA tuition fee for all categories. The difference in the effective fee arises because eligible SC, ST, and PwD candidates can receive fee waivers, government scholarships, and institute-level financial assistance after admission. As a result, their actual amount payable may be significantly lower than the standard fee.

Ques. Can General and OBC-NCL candidates get scholarships to reduce IIM MBA fees?

Ans. Yes. General and OBC-NCL candidates are also eligible for need-based financial assistance, merit scholarships, education loans, and institute-specific fee support at many IIMs. Although they usually pay the full published tuition fee initially, eligible candidates may receive financial aid based on family income, academic performance, or other criteria prescribed by the respective IIM.

IIM Fees for MBA through CAT

IIM Ahmedabad has an MBA fee of INR 27.5 lakh for the 2026–28 batch while IIM Calcutta and IIM Bangalore have fee ranges of INR 26–27 lakh respectively.

  • IIM Sambalpur has an MBA fee of INR 21.01 lakh for the 2026–28 batch while IIM Bodh Gaya has a fee range of INR 17.96 lakh.
IIM MBA Fees 2026-28 MBA Fees 2025-27 MBA Fees 2023-25 MBA Fees 2022-24
IIM Ahmedabad INR 27.5 lakhs INR 25- 27.5 lakhs INR 24.61 lakhs INR 24.61 lakhs
IIM Bangalore INR 26 lakhs INR 24- 24.7 lakhs INR 24.70 lakhs INR 23.20 lakhs
IIM Calcutta INR 27 lakhs INR 25- 27 lakhs INR 25.00 lakhs INR 23.50 lakhs
IIM Lucknow INR 20.75 lakhs INR 20.75 lakhs INR 20.75 lakhs INR 20.75 lakhs
IIM Mumbai INR 25 lakhs INR 25 lakhs INR 21 lakhs --
IIM Indore INR 25.15 lakhs INR 21.17 lakhs INR 21.17 lakhs INR 21.17 lakhs
IIM Kozhikode INR 23.5 lakhs INR 20.5 Lakhs- 23.5 lakhs INR 20.50 lakhs INR 20.50 lakhs
IIM Shillong INR 26.18 lakhs INR 26.18 lakhs INR 19 lakhs- 21.5 lakhs INR 19 lakhs- 21.5 lakhs
IIM Rohtak INR 17.9- 20.3 lakhs INR 17.9- 20.3 lakhs INR 17.9 lakhs INR 17.90 lakhs
IIM Trichy INR 21.24 lakhs INR 21 lakhs INR 19.5 lakhs INR 19.50 lakhs
IIM Udaipur INR 21.51 lakhs INR 21.43 lakhs INR 21.43 lakhs INR 17.59 lakhs
IIM Raipur INR 20.08 lakhs INR 20.03 lakhs INR 20 lakhs INR 20 lakhs
IIM Ranchi INR 19.2 lakhs INR 19.2 lakhs INR 17.20 lakhs INR 17.50 lakhs
IIM Kashipur INR 20.8 lakhs INR 17.3- 20 lakhs INR 17.3 lakhs ₹17.30 lakhs
IIM Amritsar INR 21.5 lakhs INR 21.5 lakhs INR 21 lakhs INR 21 lakhs
IIM Bodh Gaya INR 17.96 lakhs INR 17.96 lakhs INR 14.95 lakhs- 17 lakhs INR 14.95 lakhs- 17 lakhs
IIM Jammu INR 22.8 lakhs INR18.85 lakhs- 22.8 lakhs INR 17.25 lakhs INR 17.25 lakhs
IIM Nagpur INR 21.5 lakhs INR 21.5 lakhs INR 19.4 lakhs INR 18 lakhs
IIM Sambalpur INR 21.01 lakhs INR 21.01 lakhs INR 18.01 lakhs INR 14 lakhs

Source: Official  IIMs Website

Also Check: Top MBA Colleges in India

Ques. Which IIM has the lowest MBA fees through CAT for the 2026–28 batch?

Ans. Based on the available fee structure for the 2026–28 MBA batch, IIM Rohtak has one of the lowest MBA fees, ranging from INR 17.9- 20.3 lakh. Other relatively affordable IIMs include IIM Bodh Gaya, IIM Jammu, and IIM Amritsar, with fees generally below ₹25 lakh. Candidates should note that the final payable amount may vary depending on hostel charges, scholarships, and institute-specific components.

Ques. Do IIM MBA fees increase every year?

Ans. In many cases, yes. Most IIMs revise their MBA fees periodically due to changes in academic expenses, infrastructure development, hostel facilities, and other institutional costs. For example, institutes such as IIM Ahmedabad, IIM Mumbai, and IIM Indore have shown an upward trend in fees over recent admission cycles. Candidates should always refer to the latest admission brochure of the respective IIM for the final fee applicable to their batch.

Quick Fee Comparison (2026-28)

IIM Tier IIMs Fee Range Average ROI Timeline
Tier 1 Ahmedabad, Bangalore, Calcutta INR 26 lakhs- 27.5 lakhs 8-12 months
Tier 2 Lucknow, Indore, Kozhikode, Mumbai INR 23- 25 lakhs 12-18 months
Tier 3 Newer IIMs (Rohtak, Trichy, Udaipur, Raipur, Ranchi, Kashipur, etc.) INR 17 – 22 lakhs 18-30 months

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Hidden Costs Breakdown (Beyond Base Program Fees)

The total additional cost beyond the MBA program fee is estimated at ₹4.5–9.5 lakh over two years, including expenses such as hostel, mess, study materials, laptop, and study tours.

  • Hostel rent is expected to range between ₹1.92 lakh and ₹4.32 lakh over two years, while mess and food charges add another ₹1.32–2.16 lakh during the same period.
Expense Category Amount (INR) Frequency 2-Year Total (INR)
Hostel Rent 8,000- 18,000 Monthly 1.92 – 4.32 lakhs
Mess & Food Charges 5,500- 9,000 Monthly 1.32 – 2.16 lakhs
Books & Study Materials 25,000- 50,000 One-time / Per year 40,000 – 80,000
Laptop / Tech Gadgets 60,000-1,20,000 One-time 60,000 – 1.20 lakhs
Study Tours / Immersions 60,000- 2,00,000 1–3 times 60,000 – 2.00 lakhs
Certifications / Workshops (Optional) 30,000- 1,00,000 As chosen 30,000 – 1.00 lakh
Total Additional Cost - - 4.5 – 9.5 lakhs

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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 installments?

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 significantly (often 10–25% over the last 5 years) mainly due to inflation, infrastructure development, faculty recruitment & salaries, international collaborations, better campus facilities, and enhanced placement support. Greater autonomy under the IIM Act has also allowed institutes to revise fees more freely.

Ques: Which IIM offers the best value for money?

Ans. Among older IIMs, IIM Lucknow (approx. ₹21.75–22.5 lakhs) is often considered excellent value with strong placements (avg. package ~₹30–32 LPA). IIM Mumbai (formerly NITIE) also offers very good ROI with competitive fees and solid placements (avg. package ~₹29–31 LPA). Newer IIMs generally have lower fees but vary in placement outcomes. Final ROI also depends on your profile and specialisation.

Complete Cost Breakdown for IIM MBA Programs

Tuition fees account for the largest share of the MBA cost with the 2-year total ranging from ₹18 lakh to ₹27+ lakh while the average tuition fee per term is ₹4.75–7 lakh.

  • The average total cost per term ranges between ₹5.55 lakh and ₹8.55 lakh taking the overall 2-year program cost to ₹22–32+ lakh including hostel, mess, library, and miscellaneous charges.
Component Term 1 (INR Lakhs) Term 2 (INR Lakhs) Term 3 ((INR Lakhs) Term 4 ((INR Lakhs) Term 5 ((INR Lakhs) Term 6 ((INR Lakhs) Total (2 Years)
Tuition Fee 4.75- 7.00 4.75- 7.00 4.75- 7.00 4.75- 7.00 4.75- 7.00 4.75- 7.00 18- 27+
Hostel Charges 0.35- 0.60 0.35- 0.60 0.35 - 0.60 0.35 - 0.60 0.35 - 0.60 0.35 - 0.60 1.8- 4.0
Mess / Food Advance 0.30- 0.45 0.30- 0.45 0.30- 0.45 0.30- 0.45 0.30- 0.45 0.30- 0.45 1.3 - 2.2
Library, IT & Materials 0.15 - 0.30 0.10 - 0.25 0.10- 0.25 0.10 - 0.25 0.10- 0.25 0.10 - 0.25 0.5- 1.2
Alumni / Misc. Fees 0.05- 0.20 0.05- 0.10 0.05- 0.10 0.05- 0.10 0.05- 0.10 0.05- 0.10 0.25- 0.80
Average Term Total 5.6- 8.55 5.55- 8.40 5.55- 8.40 5.55- 8.40 5.55- 8.40 5.55- 8.40 INR 22+

Note: Top IIMs fall on the higher end, newer IIMs on the lower end of the range.

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IIM-wise Payment Structure Examples (2026-28)

IIM Ahmedabad has total investment of INR 31–32.5 lakh for the 2026–28 batch while IIM Bangalore and IIM Calcutta have total costs ranging between INR 27.5–30.5 lakh and INR 28.5–31.5 lakh, respectively.

  • IIM Raipur has a projected total investment of INR 22.5–23.5 lakh while IIM Rohtak and IIM Kashipur have overall costs of INR 20.4–21.4 lakh and INR 19.8–24.3 lakh, respectively.
IIM Category Example IIM Base Program Fee Additional Costs (Hostel, Mess, Misc.) Total Investment
Top Tier IIM Ahmedabad INR 27.50 L INR 3.5- 5.0 L INR 31 - 32.5 L
IIM Bangalore INR 24- 26 L INR 3.5 - 4.5 L INR 27.5- 30.5 L
IIM Calcutta INR 27 L INR 3.5- 4.5 L INR 28.5- 31.5 L
Tier 2 IIM Lucknow INR 20.75 L INR 3.0- 4.0 L INR 24.75 - 26.5 L
IIM Indore INR 25.15 L INR 3.0- 4.0 L INR 24- 29 L
IIM Mumbai INR 25 L INR 3.0- 4.0 L INR 24- 29 L
Newer IIMs IIM Raipur INR 20.08 L INR 2.5- 3.5 L INR 22.5 - 23.5 L
IIM Rohtak INR 17.9- 20.3 lakhs INR 2.5- 3.5 L INR 20.4- 21.4 L
IIM Kashipur INR 20.8 lakhs INR 2.5- 3.5 L INR 19.8 - 24.3 L
IIM-wise Payment Structure Examples (2026-28)

Also Check:

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 INR 27.5 lakhs INR 34.45 LPA 408 INR 78,000 - 80,000
ISB Hyderabad (1yr) INR 39.90 lakhs INR 34.07 LPA 915 INR 1,17,126
XLRI Jamshedpur INR 30 lakhs INR 32.70 LPA 360 INR 91,743
SP Jain Mumbai INR 23 lakhs INR 26.63 LPA 240 INR 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 INR 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 INR 3 lakhs During the admission process

Other IIM MBA Fees Scholarship

Scholarship Provider Amount Eligibility
Aditya Birla Scholarship Aditya Birla Group INR 1.75 lakhs/year Top 20 students at top 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 INR 33 lakhs INR 34.45 LPA 14 months INR 85+ lakhs
IIM Bangalore INR 32 lakhs INR 35.92 LPA 13 months INR 90+ lakhs
IIM Calcutta INR 35 lakhs INR 35.07 LPA 14 months INR 85+ lakhs
IIM Lucknow INR 28 lakhs INR 30.00 LPA 15 months INR 65+ lakhs
IIM Indore INR 29 lakhs INR 25.68 LPA 18 months INR 50+ lakhs
IIM Mumbai INR 22 lakhs INR 29.44 LPA 11 months INR 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. Yes, especially for top IIMs (Ahmedabad, Bangalore, Calcutta, Lucknow, Indore, Kozhikode) the ROI remains excellent with break-even typically in 12-18 months. For newer IIMs, it is still worthwhile if you have relevant work experience or clear career goals in consulting, marketing, finance, or operations. The strong alumni network and brand value provide long-term advantages beyond just the first salary.

Ques. How long does it take to recover the MBA investment?

Ans. On average:

  • Top-tier IIMs: 12–18 months (thanks to average packages of ₹30–36+ LPA).
  • Newer IIMs: 18–30 months, depending on your profile and final placement. Most students recover their investment comfortably within 2 years if they convert campus placements at or above the average CTC.

Ques. Should I take an education loan or pay up front?

Ans. Both options are common. Education loans provide tax benefits under Section 80E (full interest deduction for up to 8 years) under the old tax regime. In the new tax regime, this benefit is not available. Most graduates comfortably repay loans within 5–8 years due to high starting salaries.

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%

IIM Fees for MBA through CAT: Reddit Discussion

  • The discussion focused on the overall cost of pursuing an MBA from the top IIMs, with candidates seeking a realistic estimate of tuition fees and additional expenses, including the cost of an international exchange programme.
  • Another user estimated that the MBA fee at older IIMs generally ranges between ₹20 lakh and ₹35 lakh, while noting that participating in an exchange programme may require an additional ₹8–10 lakh, depending on the destination and associated expenses.
IIM Fees for MBA through CAT: Reddit Discussion

Source: Reddit