IIM Bangalore B.Sc {Hons.} Economics: Fees 2026, Course Duration, Dates, Eligibility

Bannerghatta Main Road, BangaloreAutonomous UniversityEstd 1973
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Collegedunia Team

Content Curator | Updated on - Mar 31, 2026

The Bachelor of Science (Honours) in Economics at IIM Bangalore (IIMB) is a four-year, full-time residential undergraduate programme offered under the School of Multidisciplinary Studies at the newly established Jigani campus. The programme blends economic theory with statistical inference, econometrics, data science, and behavioural insights, making it one of the most rigorous and interdisciplinary undergraduate economics offerings in India. With a total intake of 40 seats per year and an annual fee of Rs. 8.5 lakhs (inclusive of tuition, hostel, and examination fees), the programme is designed for students who seek a strong quantitative and analytical foundation. Admission is through the IIMB UG Admissions Test followed by a personal interview, making it a highly competitive and sought-after programme backed by the prestige of IIM Bangalore.

Admissions for the Academic Year 2026-27 are currently in the final stages. The application window (October 14 - November 20, 2025) is closed, the entrance test was held on December 13, 2025, and personal interviews were conducted from January 22-31, 2026. Admission offers were released on February 28, 2026, with the last date to accept the offer being March 31, 2026. The waitlist is expected to be released on April 15, 2026. For the next cycle (AY 2027-28), applications are expected to open tentatively in October 2026.

Key Points

  • The programme is offered at IIMB's Jigani campus (approximately 30 km from the Bannerghatta Road campus), which is a fully residential environment with modern classrooms, labs, library, sports facilities, and dining halls.
  • Students have the option to exit after three years with a B.Sc. degree, or continue for the fourth year to earn the B.Sc. (Honours) with a research thesis/capstone.
  • The curriculum includes a mandatory Data Science minor, covering programming, machine learning, data mining, and AI alongside core economics subjects.
  • The programme is not a BBA; it is a quantitatively rigorous, multi-disciplinary science degree with a strong emphasis on analytical and research skills.
  • IIMB received over 12,000 applications for its inaugural 2026-27 batch across both UG programmes, reflecting exceptional demand.
  • Reservations are implemented as per Government of India norms (SC/ST/OBC/EWS/PwD).
  • The first batch of this programme begins in Academic Year 2026-27, making it a pioneering opportunity for students.
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IIMB B.Sc. (Hons.) Economics Fees

The annual programme fee for the B.Sc. (Hons.) in Economics at IIM Bangalore is Rs. 8.5 lakhs per year for the first two years, which includes tuition, hostel accommodation, and examination fees. A limited fee increase (as approved by the IIMB Board) is expected in the third and fourth years. Mess charges are not included in the programme fee and are managed on a cost-sharing basis, amounting to approximately Rs. 8,000 to Rs. 10,000 per month. The total estimated cost for the four-year programme, including mess charges, is between Rs. 38 lakhs and Rs. 40 lakhs.

Fee Structure

Fee ComponentYear 1 (2026-27)Year 2 (2027-28)Year 3 (2028-29)Year 4 (2029-30)
Tuition FeeIncluded in Annual FeeIncluded in Annual FeeIncluded in Annual FeeIncluded in Annual Fee
Hostel AccommodationIncluded in Annual FeeIncluded in Annual FeeIncluded in Annual FeeIncluded in Annual Fee
Examination FeeIncluded in Annual FeeIncluded in Annual FeeIncluded in Annual FeeIncluded in Annual Fee
Annual Programme FeeRs. 8,50,000Rs. 8,50,000Rs. 8,50,000 + Board-approved increaseRs. 8,50,000 + Board-approved increase
Mess Charges (estimated)Rs. 96,000 - Rs. 1,20,000Rs. 96,000 - Rs. 1,20,000Rs. 96,000 - Rs. 1,20,000Rs. 96,000 - Rs. 1,20,000
Total Fees (estimated)Rs. 9,46,000 - Rs. 9,70,000Rs. 9,46,000 - Rs. 9,70,000Rs. 9,50,000 - Rs. 10,00,000+Rs. 9,50,000 - Rs. 10,00,000+
  • The annual programme fee of Rs. 8.5 lakhs covers tuition, hostel, and examination charges.
  • Mess charges are paid separately on a cost-sharing basis (approximately Rs. 8,000 - Rs. 10,000 per month).
  • Fee is paid semester-wise: approximately Rs. 4,25,000 per semester.
  • An Offer Acceptance Fee of approximately Rs. 1,00,000 is payable by March 31, 2026 (for the 2026-27 batch), which is adjusted against the first semester fee.
  • The Offer Acceptance Fee is non-refundable.
  • Fee increase in Years 3 and 4 is subject to IIMB Board approval.
  • Total estimated 4-year cost (including mess): Rs. 38 lakhs to Rs. 40 lakhs.

IIMB B.Sc. (Hons.) Economics Admission 2026

Admissions to the B.Sc. (Hons.) in Economics at IIM Bangalore are highly competitive, with over 12,000 applications received for the inaugural 2026-27 batch for just 80 seats across both UG programmes (40 per major). The selection process involves two stages: shortlisting based on the IIMB UG Admissions Test score, followed by a personal interview. The final selection is based on a composite score of 60% entrance test and 40% personal interview. For the 2026-27 batch, the admission process is in its final stages, with offer acceptance ongoing.

IIM Bangalore Admission Dates

EventDate
Application Window OpensOctober 14, 2025
Application Window ClosesNovember 20, 2025
IIMB UG Admissions TestDecember 13, 2025
Personal Interview WindowJanuary 22 - 31, 2026
Admission Offers ReleasedFebruary 28, 2026
Last Date to Accept OfferMarch 31, 2026
Waitlist ReleaseApril 15, 2026
Programme CommencementAugust 2026 (tentative)

Entrance Exam Details

Exam DetailInformation
Exam NameIIMB UG Admissions Test
Exam Date (2025-26 cycle)December 13, 2025
ModeComputer-Based Test (CBT)
Duration120 minutes
Total Questions60 Multiple Choice Questions
SectionsEnglish Comprehension (15 Qs), Quantitative and Data Interpretation (30 Qs), Logical Reasoning (15 Qs)
Negative MarkingYes, 1/3 mark deducted per wrong answer
SyllabusNCERT Syllabus - Class X, XI, and XII
Application/Exam FeeRs. 3,000 (General/EWS/NC-OBC); Rs. 1,500 (SC/ST/PwD)

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

  • Successful completion of Class XII or equivalent from a recognised board is mandatory.
  • Mathematics must be a subject in Class XII; a minimum of 60% marks in Mathematics in Class X is required.
  • As of August 1, 2026, applicants must be 20 years of age or younger (for the 2026-27 batch).

Admission Process

  • Apply online through the official IIMB UG admissions portal (ug.iimb.ac.in) during the application window.
  • Pay the application/exam fee (Rs. 3,000 for General/EWS/NC-OBC; Rs. 1,500 for SC/ST/PwD).
  • Appear for the IIMB UG Admissions Test (computer-based, 120 minutes, 60 MCQs).
  • Shortlisted candidates are called for an in-person Personal Interview at the IIMB campus.
  • Final selection is based on a composite score: 60% entrance test + 40% personal interview.
  • Candidates can apply for one or both UG programmes and indicate ranked preferences.
  • Programme allocation is done in descending order of composite scores, starting with the top preference.
  • Selected candidates must pay the Offer Acceptance Fee by the stipulated deadline to confirm their seat.
  • Reservations are implemented as per Government of India norms.

IIMB B.Sc. (Hons.) Economics Scholarships 2026

IIM Bangalore is committed to ensuring that no deserving student is denied admission due to financial constraints. Need-based scholarships are available for students enrolled in the B.Sc. (Hons.) programmes. While the specific scholarship policy for the UG batch is yet to be fully detailed on the programme website, IIMB has indicated that financial aid will be available for up to approximately 20% of students, with support ranging from partial to full tuition fee waivers based on demonstrated financial need. The scholarship framework is expected to follow IIMB's established need-based model used for its PGP (MBA) programme.

Scholarship Details

ScholarshipEligibilityBenefit
IIMB Need-Based Financial Aid (UG)Students with demonstrated financial need; annual household income typically below Rs. 8,00,000Up to 100% tuition fee waiver (partial or full, based on financial need score)
Government Scholarships (Central/State)As per respective government norms (SC/ST/OBC/EWS/PwD categories)Varies by scheme and category
Merit-cum-Means ScholarshipsTop-performing students with financial needTo be announced by IIMB
  • The detailed scholarship policy, eligibility criteria, and application process for the UG batch will be published on the official IIMB UG programme website (ug.iimb.ac.in).
  • Students are advised to check the official website regularly for updates on scholarship availability and application deadlines.
  • Government scholarship schemes such as the National Scholarship Portal (NSP) schemes are also applicable for eligible category students.
  • The Offer Acceptance Fee is non-refundable and is not covered under scholarships.

IIMB B.Sc. (Hons.) Economics FAQs

Ques. Is the IIMB B.Sc. (Hons.) in Economics the same as a BBA or a traditional economics degree?

Ans. No, it is neither a BBA nor a traditional BA/B.Sc. Economics. The IIMB programme is a highly quantitative, multi-disciplinary degree that combines economic theory with data science, statistics, econometrics, and business studies. It is significantly more rigorous than most undergraduate economics programmes in India and is designed to prepare students for top global careers and higher education (Masters/PhD) at leading universities.

Ques. What entrance exam do I need to take for admission to IIMB B.Sc. Economics?

Ans. You need to appear for the IIMB UG Admissions Test, which is a computer-based test of 120 minutes with 60 MCQs covering English Comprehension, Quantitative and Data Interpretation, and Logical Reasoning. This is a dedicated exam conducted by IIM Bangalore itself and is not the same as IPMAT (used by IIM Indore/Rohtak). No other entrance exam is accepted for this programme.

Ques. The annual fee is Rs. 8.5 lakhs - does this include hostel and food?

Ans. The Rs. 8.5 lakh annual fee includes tuition, hostel accommodation, and examination fees. However, mess (food) charges are NOT included and are paid separately on a cost-sharing basis, amounting to approximately Rs. 8,000 to Rs. 10,000 per month. So the actual annual cost is closer to Rs. 9.5 lakhs to Rs. 9.7 lakhs, and the total 4-year cost is estimated at Rs. 38 lakhs to Rs. 40 lakhs.

Ques. Where is the IIMB UG programme campus located? Is it the same as the main IIMB campus?

Ans. No, the UG programme is currently being conducted at IIMB's Jigani campus, which is approximately 30 km from the main Bannerghatta Road campus. The Jigani campus has modern classrooms, computer labs, a library, sports facilities, dining halls, and residential accommodation. Construction of a new world-class campus is expected to begin before the end of 2025.

Ques. Can I exit the programme after 3 years, or is it mandatory to complete all 4 years?

Ans. You have the option to exit after 3 years with a B.Sc. degree. If you choose to continue for the 4th year, you will complete a research thesis/capstone project and graduate with a B.Sc. (Honours) degree. The 4th year is focused on advanced specialization and research, and is recommended for students planning to pursue higher education.

Ques. What are the career prospects after completing B.Sc. (Hons.) Economics from IIM Bangalore?

Ans. Graduates are expected to be well-positioned for careers in management consulting, financial services, data analytics, policy research, and the technology/startup ecosystem. The programme's strong quantitative foundation also makes it an excellent launchpad for pursuing Masters or PhD programmes at top global universities. Since this is the inaugural batch (2026-27), formal placement data is not yet available, but given IIMB's brand and the programme's rigour, career prospects are expected to be strong.

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