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Home MBA MBA Colleges Gujarat Indian Institute of Management, Ahmedabad Courses Fees
Latest Updates: IIM Ahmedabad has released its revised fee schedule for 2024 PGPX. The PGPX Program Fee for the 2024–25 is INR 33 lakhs for candidates choosing single-room accommodations (SSH) and 35 lakhs for those choosing married-student housing (MSH). This fee also includes the cost of the International Immersion Program (IIP), which does not include travel or accommodation-related costs. Any sum received as caution money is reimbursed when the program is finished. The Program Fee and the Caution Money can be paid for in two ways through the Institute, which is explained in the paragraphs below.
About IIM Ahmedabad: It was established in the academic year of 1961. The Indian Institute of Management, Ahmedabad is undoubtedly the most preferred management school in the country. It was established in the year 1961 at Vastrapur, Ahmedabad with active support from the Government of India, Government of Gujarat, and Havard Business School. As per NIRF Ranking 2023, IIM Ahmedabad has been ranked 1st in the Management category .
It was the second Indian Institute of Management which was established after IIM Calcutta. The institute is consistently ranked in the number one position among the premier management schools of India which offers postgraduate program in management and agri-business management, fellowship programs and numerous executive training programs. IIM Ahmedabad was the first management institute of India that attain EQUIS (European Quality Improvement System) accreditation in the year 2008. Keep Reading About IIM Ahmedabad, IIM Ahmedabad Admissions, IIM Ahmedabad Cutoffs, and IIM Ahmedabad Placements.
The institute offers MBA programs under several specializations. The various courses offered by the college are MBA, MBA FABM, MBA PGPX, ePGP, ePGD ABA, FDP, AFP, and Ph. D. The overall program Fee for PGP courses offered at IIM Ahmedabad ranges from INR 10 lakh to INR 30 lakh, with IIM Ahmedabad charging the maximum. Program Cost and Timetable of Payments. For the 2024–25 PGPX Batch, the program fee is INR 33 lakhs for candidates choosing SSH (single accommodation) and 35 lakhs for candidates choosing MSH (married student housing). This fee also includes the cost of the International Immersion Program (IIP), which does not include travel or accommodation-related costs.
It is one of the most expensive Institute for management studies in India, including the IIMs. IIM Ahmedabad has a history of raising the tuition for its signature program i.e. MBA over the years. Hence it becomes important for students to understand the IIM Ahmedabad Fee structure for the MBA program. This enables students to make the required arrangements for the fees and associated costs.
The PGPX cost is typically a packaged/bundled fee that covers all of the following for each student: tuition, books and course materials, housing, and other services including computers, libraries, and network upgrades. The price of the International Immersion Program (IIP) is not included in this, though. Other utilities that must be paid for based on consumption prices include energy, phone, laundry, and subscriptions to sports and the gym. Furthermore, some MNCs support the courses taken by these students in an effort to improve the productivity and managerial abilities of its staff members.
Some of the courses along with their course fee have been mentioned:
Students can also find out about the IIM Ahmedabad Admission Criteria 2024-2026and more details on admissions 2024.
The IIM Ahmedabad MBA fee structure consists of various elements, including tuition fees, accommodation and meals, as well as additional expenses for services and utilities. The IIM fee structure also includes the cost of international immersion programs. Although most students take the on-campus accommodation facilities, some IIMs permit students to take off-campus accommodations after the first year of the program.
The following costs are included in the MBA course fees, which are paid semester-by-semester:
IIM Ahmedabad Payment Modes are explained below:
Phase | Married Student Housing (MSH)* | Single Accommodation* | Last Date for Payment |
First Commitment fee | INR 2,00,000 | INR 2,00,000 | October 20, 2023 |
Second Commitment fee | INR 2,00,000 | INR 2,00,000 | October 31, 2023 |
Third Commitment fee | INR 14,50,000 | INR 14,50,000 | November 30 ,2023 |
Balanced Programme fee | INR 16,50,000 | INR 14,50,000 | March 18, 2024 |
Caution Deposit (Refundable) | INR 70,000 | INR 35,000 | March 18, 2024 |
Phase | Married Student Housing (MSH)* | Single Accommodation* | Last Date for Payment |
First Commitment fee | INR 2,00,000 | INR 2,00,000 | October 20, 2023 |
Second Commitment fee | INR 2,00,000 | INR 2,00,000 | October 31, 2023 |
Balance Fee: 1st Installment | INR 17,00,000 | INR 15,10,000 | November 30 ,2023 |
Balance Fee: 2nd Installment | INR 9,60,000 | INR 9,50,000 | June 03, 2024 |
Balance Fee: 3rd Installment | INR 4,79,000 | INR 4,79,000 | September 09, 2024 |
Caution Deposit (Refundable) | INR 70,000 | INR 35,000 | March 18, 2024 |
There are several MBA programs that the college offers to interested candidates. These programs are offered under several specializations. Below mentioned are IIM Ahmedabad Programs:
The IIM Ahmedabad MBA Fees 2023 for the post-graduate programme is in the range of INR 10 to 23 Lakhs for the two years of study. The total fees that the students need to pay are inclusive of INR 16,99,000 as the tuition fee and GST extra. The below table mentions the IIM Ahmedabad MBA Fees components:
IIM Ahmedabad MBA Fee Components | Fees (in INR) |
IIM Ahmedabad Application Fees | 2,200 |
IIM Ahmedabad Tuition Fees | 16,99,000 |
IIM Ahmedabad Other Expenses | 5,50,000 (approx) |
IIM Ahmedabad Registration Fees | 42,500 (approx) |
It is to be noted that the IIM Ahmedabad MBA fees can also be paid in instalments and paying the full fees in one go is not compulsory.
Related Article: IIM Ahmedabad MBA Fees
IIM Ahmedabad Admission entirely depends on marks obtained by candidates in CAT Exam. Common Aptitude Test (CAT) is a national-level examination, particularly for Admission to MBA programs offered by Indian Institutes of Management (IIMs). Besides IIMs, there are several management colleges that accept CAT Exam as a selection criterion for admission.
Apart from a score in CAT Exam, candidates are also required to go through Group Discussion and Personal Interview rounds conducted by the college.
Students seeking admission can process the payment of course via several payment modes. Below are the payment modes students can opt:
IIMs provide financial advantages to deserving students so they can pursue their MBA degrees without financial limitations. Candidates from low-income backgrounds are eligible to apply for these scholarships.
The two main categories of scholarships that IIMs provide are:
Top IIM Fees Comparison is given in the table below:
Students often find difficult to pay the fees for management institutes like IIM Admission to IIMs is extremely difficult. Nonetheless, applicants who enroll in the program and graduate with honors from the MBA program have the chance to secure well-paying positions. One year's income for two years of IIM fees can be covered by the average salary granted to IIM graduates.
This is a comparison of the compensation that MBA graduates will receive in placements vs the IIM fee structure:
IIM Centre | IIM Fee (In Lakhs) | Average Annual Salary (In Lakhs) |
IIM Bangalore | 24.7 | 35.31 |
IIM Ahmedabad | 26 | 34 |
IIM Calcutta | 25 | 35.07 |
IIM Kozikode | 21 | 31 |
IIM Indore | 22.5 | 30.21 |
IIM Lucknow | 20.75 | 32.2 |
IIM Rohtak | 18.3 | 18.73 |
IIM Shillong | 22 | 26.96 |
IIM Raipur | 17 | 21.04 |
IIM Kashipur | 17.3 | 18.10 |
Important Links:
Course | Duration | Total Fees |
---|---|---|
Post Graduate Programme in Management (PGPM) |
2 Years | ₹ 25,00,000 |
Post Graduate Programme for Executives(PGPEX) |
1 Years | ₹ 31,85,000 |
Fellow Programme in Management (FPM) |
4 Years | - |
Faculty Development programme |
2 Years | ₹ 1,99,000 |
Army Forces Programme(AFP) |
1 Years | - |
epost graduate programme(ePGP) |
2 Years | ₹ 17,42,500 |
Post Graduate Programme In Food and Agri-Business Management (PGP-FABM) |
2 Years | ₹ 15,80,000 |
Year Wise
Total All Fees
Year 1
12,50,000
Year 2
12,50,000
7 Specializations
5 years ago
Year Wise
Total All Fees
Year 1
31,85,000
6 years ago
Year Wise
Total All Fees
Year 1
9,00,000
Year 2
8,42,500
Best college To Study along with Personal development 5/5
Wi-Fi is available all across campus. No limit on usage. All classrooms are equipped with projectors and are fully Air Conditioned. Library is currently under renovation, and will most likely be opened by mid of 2018. The library has all genres of books, with leasing period variable for different class of students. For PGP it is 14 days. The online portal of library offers access of databases and journal websites to almost all the major journals and important databases. There is a small dispensary on campus, but there is no full-functioning hospital.I finanlised after qualifying Cat examination.
Topmost mba college 5/5
Well it is by far the best management college in India, just score best percentile, be presentable in interview and group discussion and you are thru its admissions. Is an excellent college as a whole.
IIM Ahmedabad Courses include the Executive PGP in Management, the Armed Forces Program, the Faculty Development Program, and the PGP in Management (formerly known as the MBA).
The IIM Ahmedabad PGP Course Fees is a total of Rs 23 lakh for the course of two years.
Yes, IIM Ahmedabad offers a 16-month diploma program called the ePGD-ABA. given using a combination of online and in-person educational sessions. The classes are held on weekends and holidays because this program is designed for working people. You can enhance your professional portfolio while working on this course.
When deciding whether to pursue an MBA at IIM Ahmedabad, the first question that comes to mind is whether the degree is worthwhile given the financial commitment. Even while it’s not the only factor to consider, it’s certainly a key one. Most individuals use the opportunity cost method, which may be simply defined as the cost of "not taking the next best choice," to assess the cost of an MBA. The entire cost and opportunity cost of earning an MBA from IIM Ahmedabad are extremely high. With past experience, the opportunity cost increases, and the whole cost might be between 25 and 50 lakhs. However, the environment, education, and learning that IIM Ahmedabad offers cannot be priced. Spending money on it would be worthwhile in every way.
The annual fee of IIM Ahmedabad for the academic year 2023-25 is Rs. 30,00,000 for a Single student and Rs. 32,00,000 for Married Students
No, the IIM Ahmedabad Fees can only be paid in online mode
Yes, IIM Ahemdabad can be costly as the annual fee of IIM Ahmedabad for the academic year 2023-25 is Rs. 30,00,000 for a Single student and Rs. 32,00,000 for Married Students, including accommodation.
Although IIMs are all government institutes, mostly they are self-reliant and do not attract government funding. The teaching staff and professors are highly experienced and knowledgeable which is one of the top reasons for the high fees along with high-quality facilities and infrastructure. The students who pass out from this institute are often placed in one of the best firms with high packages which makes the high fees worth it.
The IIM Ahmedabad Fees can be paid via debit, credit, UPI or Internet banking.
Yes, Students who are not able to pay the fees themselves due to any reason can take the help of the various nationalised banks that offer education loans to students. IIM-A students can also apply for scholarships along with loans to pay their fees.
Usually, the IIMs fees include the hostel fees but you should always check the official website of the campus you are applying to in order to be sure.
The IIM Ahmedabad MBA Fees 2023 for the post-graduate programme is in the range of INR 30 to 33 Lakhs for the two years of study. The total fees that the students need to pay are inclusive of INR 16,99,000 as the tuition fee and GST extra.
Yes, IIM Ahmedabad MBA Fees can be costly if you consider it as a standalone fee but as compared to the MBA Fees of other institutes 20-30 LPA Is pretty standard. The annual fee of IIM Ahmedabad 2023-25 is INR 25-33 Lakhs for two years of study.
According to news sources, IIM Bodhgaya has the lowest Fees among all the IIMs. Irrespective of the fees studying in IIMs is a privilege itself because of the standard of curriculum and faculty along with recognition which private institutes fail to offer.
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Professor Amit Karna
+91-79-6632 4928
chr-plcm@iima.ac.in
The Indian Institute of Management- Ahmedabad (IIM-A) has been awarded by President of India, Shri. Ramnath Kovind with Rajbhasha Keerti Award 2016-17. This honour was awarded on September 14 on the occasion of Hindi Divas Celebration at Vigyan Bhavan in New Delhi.