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How much does it cost to study in an IIM?
IIM Fee Structure and Seats – IIM fees for the MBA program ranges between Rs 10 lakh to 23 lakh for its complete course. The top three IIM fees i.e. Ahmedabad, Bangalore, and Calcutta are the highest which is Rs 23 lakh ….IIM Fees for MBA.
| IIM campus | IIM Fees |
|---|---|
| IIM Shillong | Rs 12.68 lakh |
| IIM Indore | Rs 17.07 lakh |
| IIM Nagpur | Rs 13.34 lakh |
Is IIM very costly?
IIMs unlike the IITs don’t receive any funding from central/state government. There are some reasons why IIMs charge this exorbitant amount of fees from the students: The students in IIMs get the contextual analyses from Harvard, Standford and Ivory, which are very costly but extremely productive and justified.
How do students afford IIM fees?
Yes, Everyone can afford the fee of an IIM. Over the years IIMs have ensured that there are no dropouts because of financial reasons. They provide several scholarships to the needy people. Almost everyone who needs (not wants) a scholarship gets one.
Can I study MBA in IIM for free?
Hi, None of the top IIMs will waive the fee for MBA. Some other B-schools might provide some sort of financial aide if you really need, or else will make arrangements to let you ‘earn while you learn’. We all know that pursuing MBA at IIMs is pricey.
Is there any scholarship for IIM?
The IIMs provides various scholarships to deserving candidates. There are primarily two types of scholarships being offered: Scholarship for candidates from economically weak background. Scholarship for meritorious students.
How much does it cost to do an MBA from IIMs?
MBA fees of top three IIMs – Ahmedabad, Bangalore and Calcutta is highest at Rs 23 lakh while MBA fees of newer IIMs like Trichy and Sirmaur is well under Rs 12 lakh.
What is the total fees for IIM Kozhikode?
The total IIM Kozhikode fees for the program is Rs 10,00,000 payable in 7 Instalments. For the PGP-Finance program, the total fee is Rs 20,50,000. The IIM Kozhikode fees may vary for every program like PGP-LSM, PGP-BL, PGP-Finance, PGP, MBA, Executive-MBA.
What is the fee structure of IIM Lucknow?
IM Lucknow fees will include the admission fee, tuition fee, infrastructure fee, refundable deposits, and alumni membership fees. Last year IIM Lucknow hiked the fee approximately by Rs 5,00,000.
How often do IIM fees get revised?
The total fees at the various IIMs vary from year to year and generally get revised in the upward direction. While the standard trend used to be to increase the fees once every two or three years, recently that trend seems to be changing at the top IIMs.