Subrato Chatterjee Content Writer
Content Writer | Updated On - Dec 15, 2025
IFMR GSB has announced MBA 2026–28 fee details, with total academic tuition fixed at ₹16 lakh.
IFMR Graduate School of Business (GSB), Krea University, has officially released the MBA fee structure for the 2026–28 batch. As per the latest update dated December 11, 2025, the total academic tuition fee is ₹16 lakh for the two-year residential MBA programme.
The institute has also shared a detailed instalment-wise payment schedule along with information on living expenses, caution deposit, and alumni fees. Hostel stay on the Sri City campus is mandatory for all MBA students.
The MBA 2026–28 tuition fee at IFMR GSB is ₹16,00,000, which covers academic instruction, course materials, and library services. This amount does not include living expenses and alumni charges, which are payable separately.
IFMR GSB MBA 2026–28 Fee Structure & Payment Schedule
| Fee Component | Amount (INR) | Tentative Payment Timeline |
|---|---|---|
| Tuition Fee – 1st Instalment (inclusive of admission acceptance fee) | — | At the time of offer acceptance |
| Admission Acceptance Fee | 50,000 | With offer acceptance |
| Part 1 of 1st Instalment | 1,70,000 | With offer acceptance |
| Part 2 of 1st Instalment | 1,70,000 | With offer acceptance |
| Part 3 of 1st Instalment | 1,70,000 | With offer acceptance |
| Refundable Caution Deposit | 35,000 | June 20, 2026 |
| Year-1 Living Fee | 2,25,000 | June 20, 2026 |
| Miscellaneous Fees (Sports & Gym) | 5,000 | June 20, 2026 |
| Tuition Fee – 2nd Instalment | 5,20,000 | November 28, 2026 |
| Tuition Fee – 3rd Instalment | 5,20,000 | June 30, 2027 |
| Year-2 Living Fee* | To be notified | — |
| Alumni Fee | 5,000 | June 30, 2027 |
Year-2 living charges are indicative and may be revised based on inflation and operational costs.
The tuition fee includes classroom teaching, course materials, and library facilities. Medical insurance charges are covered under living fees. However, laptop costs are not included, and students must bring their own devices.
The MBA programme is fully residential, and hostel accommodation is mandatory for all students. The hostel is located within the IFMR GSB campus at Sri City, and living fees cover boarding, lodging, and laundry charges up to ₹500 per month.
Candidates who receive an admission offer must pay the admission acceptance fee to confirm their seat. Further instalments should be paid strictly as per the announced schedule. IFMR GSB is expected to share Year-2 living fee details closer to the second academic year.
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