IIM Amritsar Courses & Fees 2024

IIM Amritsar, founded in 2015, is a younger institution that offers a variety of management programmes. The fee structure for the premier MBA programme at IIM is competitive when compared to other IIMs. IIM Amritsar MBA fees for the 2024-26 batch is INR 21 lakhs, which includes tuition, course materials, library access, and other facilities. The coverage excludes mess costs and personal expenditures. IIM Amritsar offers specialised programmes such as MBA-HR, M.Sc. in Data Science, and Executive MBA, with various price structures accessible.

Table of Content

IIM Amritsar Courses
IIM Amritsar MBA Fees
IIM Amritsar Hostel Fees
Which Baby IIM is better?
IIM Amritsar Fees FAQs

IIM Amritsar Courses

The courses offered by IIM Amritsar are as follows:

IIM Amritsar Courses	IIM Amritsar Fees (INR)	Course Details
MBA	21 Lakhs	Eligibility: Bachelor’s or equivalent degree with at least 50% marks. Selection Criteria: CAT + Personal Interview (PI)
EMBA	12 Lakhs	Eligibility: Bachelor’s degree + 3 years of work experience as managerial/entrepreneurial/ professional role. Selection Criteria: CAT/ GMAT/ GRE/ GATE/ IAAT score + Interview
MSDSM	7.25 Lakhs	Eligibility: Bachelors or Masters degree in management, mathematics, computer science, or allied fields. Selection Criteria: Qualify CAT/GATE/GMAT/GRE/JAM + Interview
Ph.D.	-	Eligibility: Master’s or postgraduate diploma or professional qualification (CS/ICWS/CA) along with graduation with a minimum of 60% marks OR a five-year integrated master’s degree with at least 60% marks OR a 4-year/8 semesters bachelor’s degree with a minimum of 85% marks. Selection Criteria: Personal Interview (PI)

IIM Amritsar MBA Fees

IIM Amritsar MBA fees is INR 21 Lakhs for 2 years. This fees includes the tuition fees, academic support, hostel fees and student activities & health. Apart from that the studnets have to pay caution deposit at the time of admission and mess deposit.

The detailed MBA fees for the academic batch 2024-26 is as follows:

Components	1st Year Fee	Installments			2nd Year Fee	Installments
Components	1st Year Fee	Term 1	Term 2	Term 3	2nd Year Fee	Term 4	Term 5	Term 6
Tuition	7,00,000	2,25,000	2,25,000	2,25,000	7,00,000	2,25,000	2,25,000	2,25,000
Academic Support	1,88,000	68,000	60,000	60,000	1,88,000	68,000	60,000	60,000
Hostel	45,000	15,000	15,000	15,000	45,000	15,000	15,000	15,000
Student Activities & Health	17,000	7,000	5,000	5,000	17,000	7,000	5,000	5,000
Grand Total Annual Fee	9,50,000	3,40,000	3,05,000	3,05,000	9,50,000	3,40,000	3,05,000	3,05,000
Caution Deposit	50,000	50,000	-	-	-	-	-	-
Mess Deposit	75,000	25,000	25,000	25,000	75,000	25,000	25,000	25,000
Total Payment Amount	10,75,000	4,15,000	3,30,000	3,30,000	10,25,000	3,65,000	3,30,000	3,30,000

IIM Amritsar Hostel Fees

The hostels at IIM Amritsar offer essential amenities such as fully furnished rooms, a fitness centre, recreational facilities, a mess, and more. The hostel fee for IIM Amritsar is INR 45,000 per year and can vary based on factors like room occupancy. The mess deposit charge amounts to INR 75,000.

Particulars	Fees Structure
Male Hostels	INR 45,000 per year
Mess Deposit	INR 75,000 per year

Which Baby IIM is better?

College	Fee Structure (INR)	Latest Average Package (INR)
IIM Amritsar	21 Lakhs	16.51 LPA
IIM Sirmaur	17.5 Lakhs	14.45 LPA
IIM Bodh Gaya	19.54 Lakhs	13.09 LPA
IIM Jammu	18.85 Lakhs	15.48 LPA
IIM Sambalpur	21.01 Lakhs	16.64 LPA
IIM Visakhapatnam	18.43 Lakhs	16.61 LPA
IIM Nagpur	18.90 Lakhs	16.29 LPA

IIM Amritsar Fees FAQs

Ques: What are the total fees for the IIM Amritsar MBA programme?

Ans. The total costs for the IIM Amritsar MBA programme are INR 18.90 lakhs, payable in instalments. This excludes additional expenses for hostel, mess, and other amenities.

Ques. Is hostel housing mandatory at IIM Amritsar?

Ans. At IIM Amritsar, hostel accommodations are essential. Students have to stay at the campus hostel only.

Ques. What is the student intake at IIM Amritsar?

Ans. IIM Amritsar presently has 105 seats available for its MBA programme. However, beginning this year, they altered their curriculum and chose to expand the batch size to around 200 seats.

Ques. What is the IIM Amritsar NIRF Ranking 2023?

Ans. In 2023, IIM Amritsar was ranked 51st in the NIRF (National Institutional Ranking Framework) among all participating institutes. Among the finest NIRF-rated MBA institutions in Punjab, it placed fourth.

Ques. How many acres is the IIM Amritsar campus?

Ans. The permanent campus of IIM Amritsar comprises 60 acres and is located at Manavala on the Amritsar-Jalandhar GT Road. This lush green campus is meant to be environmentally responsible while still providing students with a great learning experience. It also provides quick access to Amritsar's main attractions, including the train station, international airport, interstate bus terminal, and the Golden Temple.

Ques. What is the highest package at IIM Amritsar?

Ans. The biggest package received during the 2024 placements at IIM Amritsar was INR 58.52 LPA.

Ques. How are summer placements at IIM Amritsar?

Ans. Summer internship postings at IIM Amritsar gave stipends ranging from ?2.40 Lakhs to ?82,000, with a median of ?70,000. The top quartile compensation for summer internships has increased by 7% to a maximum of ?2,75,000, providing students with a more enriching learning experience.

Course	Fees	Eligibility	Application Date
MBA 3 Courses	₹9.55 Lakhs (1st Year Fees)	Graduation + CAT	1 Aug - 13 Sept 2024
Master of Science [M.Sc] (Data Science)	₹7.52 Lakhs (1st Year Fees)	Graduation + CAT	6 Mar - 15 May 2024
EMBA	₹5.37 Lakhs (1st Year Fees)	Graduation + CAT	3 Mar 2025

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Why To Join IIM Amritsar - Reviews & Rating

4.3

(92 Verified Reviews)

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4(31%)

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4.2

Infrastructure

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4.5

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Angshuman Bora

MBA, General

Reviewed on Sep 30, 2024(Enrolled 2022)

IIM Amritsar- The Holy IIM

Likes

Campus and Faculties and their vast knowledge about the industry
Various guest lectures from industry corporate
conclaves and industry insights that the lecturers provided

Dislikes

travel time from college to hostel was sometimes frustrating
the location of the hostel where convenience was an issue
the infrastructure was in progress so we had to attend sometimes in a temporary college

Fees and Financial Aid:

Fee structure : Rs.1600000 (Includes course material and administrative expenses), Cautionary deposit of around Rs.100000, Hostel fees was included, Mess fees: Rs25000/Quarterly for 2 years. Category wise fees: Same fees for everyone except certain state scholarships that the student could claim. Fees on merit: Top 7 students had their fees waived off (Can be claimed on yearly basis) Government scholarships: Provided accordingly to the students state and can vary from person-to-person Various other activities fees included Sports fests, Cultural fests or even club fests which were run by student bodies and varied according to the various expenses for the event.

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Rajdeep Singh Ajeet Singh

4.3Helpful

Reviewed on Sep 11, 2024(Enrolled 2022)

IIM Amritsar review

Placement support from college was really good. As there was problem in the job market the placements post MBA for all the colleges were having problems but IIM Amritsar helped the students with placement support in every was possible
Good interaction with the faculties and the faculties are very helpful.
Hostel provided are very spacious and comfortable for stay.

The campus for the college is not yet ready so the students have to travel through bus form hostel to campus to attend lec which can be hectic as the lectures are being spread throughout the day.
Very few inhouse faculty staying long term here. Most of the faculty here are visiting.
The Buses provided for the transit from hostel to college are not in good condition which can be a hassle as students have to travel almost 1 hr daily by bus

The College fees was 16 Lakhs for 2 years and the students are supposed to pay it in 6 equal installments, each installment to be paid before the start of a term. The fees included hostel stay fees also. Mess fees was 25000 per quarter which was to be paid along with the term fees. The student has to pay 25000 caution deposit at the start of the course which was refunded post the completion of the course after deduction depending on the damage cause to the property during the stay for 2 years which is mostly negligible. The fees was same for all and easy education loan were available with a floating rate of 6 to 8 percent depending on the banks. Scholarship of full tuition fees reimbursement of nearly 5 lakhs per year was provided for the top 7 best performers of the college. The scholarship was divided based on the course. top 5 from general MBA course top 1 from HR course and topper from BA course were given the scholarship.

Rounak Dipta Ghosh

4.4Helpful

Reviewed on Aug 20, 2024(Enrolled 2022)

Title for IIM Amritsar

Batch diversity, hostel, classrooms, faculty

IIM Amritsar is the 15 th IIM estrablished in 2015. The MBA course offers a great learning in classroom as well as practical exposure. The faculties are really supportive. Plus the diverse batch adds up.

Nikhilkumar Hiwale

Reviewed on Aug 14, 2024(Enrolled 2022)

Review for my college

Himachal is just few hours from the hostels so we used to enjoy our weekend in Himachal
Supportive faculties, like there are some faculties which are really supportive and will help you in any situation

Low quality transportation- The buses hired for transporation doesnt have AC, they are very poor standard buses.
The distance between College Campus and Hostel is 12km. So travelling is big issue. Poor Campus Infrastructure

The MBA Program is divided into 6 Terms for the 2 years. Term wise Tuition fee :Rs 267000 Term wise Mess fee : Rs 25000 Deposit : 25000 So, the total fee I paid was around Rs 18 Lakhs including the Tuition, Hostel and Mess. - There is a Dean's Scholarship for the selected top students. Around 7-8 students from the batch receives the scholarship the amount of the scholarship is equal to the tuition fee of the year

RITESH CHANDWANI

3.7Helpful

MBA, Business Analytics

Reviewed on Mar 28, 2024(Enrolled 2023)

Life at IIM Am

Environment overall, people, some of the faculty (teaching wise)
Activities that take place throughout the year
Case competition opportunity, become a manager opportunity

Travel time I’m bus daily, is tiring and hectic
Sometimes the environment become so much competitive
Some people apart from having good workex they are dumb

Trimester based Tution fess 16,84,000 Scholarship on the basis of director merit list Academic excellence plus extra curricular activities Half of the tuition fees is waived off Each and evry domain related job is offered Being a third gen IIM most of them are marketing

Debalina Mandal

4.9

MBA, Human Resource Management

Reviewed on Jul 27, 2023(Enrolled 2023)

Making the journey worthwhile

The environment of the college really helps you get ready to face the corporate world after the degree.
The faculty, staff, senior and peers are all very helpful and supportive.

The cost to study is a bit high but it is comparatively less than most of the top B-schools. The packages are pretty well to ensure you can pay off any financial assistance you might get. There are certain scholarships for the needy that are provided on a merit basis.

Somnil Dutta

Reviewed on May 23, 2023(Enrolled 2022)

IIM Amritsar: A Beacon of Excellence in Management Education

Some of the faculties are really good and cooperative
The placement scenario is quite decent for a Newer IIM.

We are currently operating out of a temporary campus and it will take two more years for our permanent campus to get build.

The fee structure for the 2022-24 batch is 16 Lacs for tuition and hostel and another 1.5 Lacs extra for mess. The scholarship is given to the top 7 students in terms of CGPA at the end of the first academic year. The job scenario is quite decent with an average salary of 16.51 Lacs and the highest salary of 36 Lacs for our senior batch.

Anonymous

4.1Helpful

Reviewed on May 21, 2023(Enrolled 2021)

Opt in once permanent campus builds

Hostel life, Faculties, Class Discussions.
Ample opportunities to learn, grow and network.
Interaction with students coming from diverse backgrounds.

Daily transit from Hostel to College is unbearable.
Strict rule on attendance (80%), else grade drops.
Not an immersive learning experience due to teachers not living near hostels.

Fees increase every year. Roughly by 10%. One can get collateral-free loans from SBI, and UBI if studying under the IIM brand name. No opportunity for campus jobs. Fees are to be paid around 10 days in advance of the term starting.

Ashutosh Kaul

4.2Helpful

Reviewed on May 16, 2023(Enrolled 2022)

The Holy IIM

Sports facilities and recreation room for fun
Hostels and rooms allotted. Plenty of space
Professors who take avid interest in teaching.

No permanent campus. Have to go in buses to college
Mess food quite expensive but not as good.
Administration of college is very slow.

The fees are quite high but the case remains the same for all MBA programs. As compared to non-IIMs of the same tier the fees are still lesser. Top 7 students of the. Batch gets a scholarship from the. College. It amounts to a waiver of tuition fees for the whole academic year.

Saradindu Banik

Reviewed on May 12, 2023(Enrolled 2022)

IIM Amritsar

The faculties are knowledgeable and approachable.
The hostel and mess facilities are very good.
The placement assistance is best among the baby IIMs

Distance between transit campus and hostel, it takes 30 mins to travel one way.

The total course fees of IIM Amritsar are 16 lakhs for two years which are the tuition and hostel fees. There is also a mess fee which is Rs 25000 for each term. Only one academic scholarship is provided to the top 7 students who perform well in the 1st year, and their tuition fee is waived.

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Comments

Found 1 Comment

kajal

Nov 11, 2022 23:37

Fee Structure for phd in economics

Ashish Ramtari

Nov 12, 2022 22:13

IIM Amritsar has not released the fee structure of PhD in Economics. It is expected that the fee structure will be released soon on the official website of IIM Amritsar.

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