RIIM MBA Fees
The MBA (University Programme) at RIIM Pune is regulated by the Shikshan Shulka Samiti, Maharashtra, making it one of the most affordable MBA programmes in Pune. The base MBA fee (payable to AIBM) is approximately INR 5,00,000 for the full 2-year course. Students opting for the additional Employability Programme pay a combined fee of INR 5,90,000, while those opting for the Employability + MDP package pay INR 6,90,000. Hostel accommodation is mandatory for first-year students at INR 85,000 per year (INR 82,000 accommodation + INR 3,000 non-refundable maintenance charges).
Fee Components
| Fee Component | Amount (INR) |
|---|---|
| Tuition Fee (MBA University Programme - 2 Years) | 5,00,000 |
| Development / Other Charges (included in tuition) | Included |
| Hostel Fee (Per Year) | 82,000 |
| Hostel Maintenance Charges (Non-refundable, Per Year) | 3,000 |
| Total Hostel Fee (Per Year) | 85,000 |
| Total Hostel Fee (2 Years) | 1,70,000 |
| Total Fees (MBA only, without hostel) | 5,00,000 |
| Total Fees (MBA + Hostel for 2 Years) | 6,70,000 |
- MBA fees are regulated by the Shikshan Shulka Samiti, Maharashtra, and are payable to AIBM (Arihant Institute of Business Management).
- Hostel accommodation is compulsory for first-year students.
- Second-year hostel is optional.
- Hostel maintenance charges of INR 3,000 per year are non-refundable.
- Students opting for the optional Employability Programme pay an additional amount to RIIM (total: INR 5,90,000 for MBA + Employability; INR 6,90,000 for MBA + Employability + MDP).
- GST is included in the Employability and MDP fees.
- Education loan facilities are available through partner banks.
- Students opting for the 1-month International Business Exposure Programme (IBEP) in UK/France pay an additional INR 3,50,000.

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