Indian Institute of Management

Indian Institute of Management, Ahmedabad  Course & Fees Ahmedabad, Gujarat

Estd  ESTD 1961
Building  Public College
NIRF ranking  NIRF Ranking - 1
checksquare   AICTE Approved
checksquare Regulatory Bodies of Higher Education in India

Indian Institute of Management, Ahmedabad Courses and Fees Details

Arnav Tyagi check

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

IIM Ahmedabad Fees and Courses

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:

  • IIM Ahmedabad ePGP Fees is INR 17,42,500 for 2 years.
  • IIM Ahmedabad PGP FAMB Fees is INR 15,80,000 for 2 years.
  • IIM Ahmedabad PGPEX Fees is INR 24,00,000 for 2 years.
  • IIM Ahmedabad PGPM Fees is INR 22,00,000 for 2 years.

Students can also find out about the IIM Ahmedabad Admission Criteria 2024-2026and more details on admissions 2024

IIM Ahmedabad Fees Components

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:

  • Tuition fees
  • Accommodation
  • Course materials
  • Personal expenses
  • Travel
  • Dining charges
  • Laptop and computer facilities
  • Internet usage
  • Alumni activities
  • Miscellaneous expenses
  • Library access 

IIM Ahmedabad Payment Modes

IIM Ahmedabad Payment Modes are explained below:

Payment Mode 1:

PhaseMarried Student
Housing (MSH)*
Single
Accommodation*
Last Date for Payment
First Commitment fee INR 2,00,000INR 2,00,000October 20, 2023
Second Commitment feeINR 2,00,000INR 2,00,000October 31, 2023
Third Commitment feeINR 14,50,000INR 14,50,000November 30 ,2023
Balanced Programme feeINR 16,50,000INR 14,50,000March 18, 2024
Caution Deposit
(Refundable)
INR 70,000INR 35,000March 18, 2024

Payment Mode 2:

PhaseMarried Student
Housing (MSH)*
Single
Accommodation*
Last Date for Payment
First Commitment fee INR 2,00,000INR 2,00,000October 20, 2023
Second Commitment feeINR 2,00,000INR 2,00,000October 31, 2023
Balance Fee: 1st InstallmentINR 17,00,000INR 15,10,000November 30 ,2023
Balance Fee: 2nd InstallmentINR 9,60,000INR 9,50,000June 03, 2024
Balance Fee: 3rd InstallmentINR 4,79,000INR 4,79,000September 09, 2024
Caution Deposit
(Refundable) 
INR 70,000INR 35,000March 18, 2024

IIM Ahmedabad Courses Details

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:

  1. Postgraduate Program in Management (MBA)
  2. Postgraduate Program in Food & Agri-Business Management (MBA FABM)
  3. Executive Post Graduate Program (MBA PGPX)
  4. ePostgraduate Program (ePGP)
  5. Faculty Development Program (FDP)
  6. ePGD in Advanced Business Analytics (ePGD ABA)

IIM Ahmedabad MBA Fees 

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 ComponentsFees (in INR)
IIM Ahmedabad Application Fees2,200
IIM Ahmedabad Tuition Fees16,99,000
IIM Ahmedabad Other Expenses5,50,000 (approx)
IIM Ahmedabad Registration Fees42,500 (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

Entrance Exam Accepted by IIM Ahmedabad

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.

IIM Ahmedabad Fees Payment Modes

Students seeking admission can process the payment of course via several payment modes. Below are the payment modes students can opt:

IIM Ahmedabad Scholarships

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:

  • Scholarships awarded to deserving applicants
  • Scholarships for applicants from low-income backgrounds
     

Top IIM Fees Comparison:

Top IIM Fees Comparison is given in the table below:

IIM Fees Comparison

IIM Bangalore FeesRead Here
IIM Calcutta FeesRead Here
IIM Indore FeesRead Here

IIM Fee Structure Vs Salary

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 Bangalore24.735.31
IIM Ahmedabad    2634
IIM Calcutta    2535.07
IIM Kozikode    2131
IIM Indore    22.530.21
IIM Lucknow    20.7532.2
IIM Rohtak    18.318.73
IIM Shillong    2226.96
IIM Raipur    1721.04
IIM Kashipur    17.318.10

 

Important Links:

Indian Institute of Management, Ahmedabad Courses and Fees Details

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

Looking for a Specific Course?

Courses Offered

7

Indian Institute of Management, Ahmedabad - Reviews

R

Rajat Jain MBA / PGDM Student

5 years ago

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.

L

Lokesh MBA / PGDM Student

6 years ago

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.

Are you a student here?

The more you express, greater is the extent to which you can help other aspiring students. Your experience is extremely valuable

Indian Institute of Management, Ahmedabad FAQs

Q-1

What academic courses does IIM Ahmedabad offer?

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).

Q-2

How much is the PGP Fee at IIM Ahmedabad?

The IIM Ahmedabad PGP Course Fees is a total of Rs 23 lakh for the course of two years.

Q-3

Is there a course I may take at IIM Ahmedabad without quitting my job?

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.

Q-4

Is an MBA from IIM Ahmedabad really worth the net opportunity cost?

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.

Q-5

What is the IIM Ahmedabad Fees 2023-25?

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

Q-6

Can students pay IIM Ahmedabad Fees 2023 offline?

No, the IIM Ahmedabad Fees can only be paid in online mode

Q-7

Is IIM Ahmedabad very costly?

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.

Q-8

Why are the IIM fees so high?

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.

Q-9

How can a student pay the IIM Ahmedabad fee?

The IIM Ahmedabad Fees can be paid via debit, credit, UPI or Internet banking.

Q-10

Can a student take a loan to pay IIM Ahmedabad Fees?

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.

Q-11

Do the IIM fees include a hostel 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.

Q-12

What are the IIM Ahmedabad MBA Fees?

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.

Q-13

Are IIM Ahmedabad MBA Fees costly?

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.

Q-14

Which IIM has the lowest Fees?

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.

Recruiters

96 Companies

Indian Institute of Management

Professor Amit Karna

alumni contact +91-79-6632 4928

alumni contact chr-plcm@iima.ac.in

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Awards

Rajbhasha Keerti Award 2016-17

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.