IIMs usual fee is somewhere around 11-24 lakhs. However, there has been a sharp rise in IIMs MBA fees from the last few years. According to reports, IIM Ahmedabad fee for PGP Program for the academic session 2021-2023 is 28 lakhs followed by IIM Calcutta MBA fee being at 26 lakhs. The management course fee for IIM Banglore is estimated to be around 23 lakhs.
On the other hand, the MBA fees for new IIMs like IIM Trichy is 11.80 lakhs. This discrepancy is observed due to the fact that old IIMs are not funded by the government while the new IIMs are financially supported by the government for maintenance and other expenses.
The increase in the fee is due to several factors associated with the fee components. There are numbers of expenses that are covered in IIM fee structure such as: academic fee, residential fee, mess fee, and, other charges associated with services and utilities.
For more details on fee components and individual IIMs fee structure please, visit institutes website. In case of any query reach out in the comment section below. For more details on career counselling sessions reach out at