What is the expenditure of doing MBA from IIM Bangalore?

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Aditya Guha Posted On - Feb 1, 2024
PGP in Management from Indian Institute of Management Bangalore

The total course fee of PGP at IIM Bangalore is Rs. 24,50,000. Apart from this, a caution deposit (general) of Rs. 15000, and a caution deposit (hostel) of Rs. 5000 is payable at the time of admission. Also, a mess advance of Rs. 30000 is payable each term. 

The course fee of Rs 24.5 Lakhs consists of Tuition fee, Library fee, Internet charge, Case Permission Royalty, Course Material charge, Hostel Room Rent and Service charge, Medical Insurance fee, Personal Accident Insurance fee and Alumni Activity fee. The fee does not include Service Tax or any other form of taxes. If made applicable by law, taxes will be collected from the students separately at the prescribed rate. 

Accommodations are available for PGP students, but one can opt for living outside the campus in the second year. 

This is the total cost of pursuing PGP from IIM Bangalore.

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Diksha Mahajan Posted On - Mar 29, 2022
MBA Finance, Indian Institute of Management Bangalore (2018)

IIM Bangalore fees for the batch of PGP 2021-23 are as follows.

Fees for 2 years INR 23 Lakhs
Caution Deposit (General)  INR 15,000
Caution Deposit (Hostel)  INR 5,000

At the time of registration, you will need to pay the caution deposit separately. Other than the above-mentioned fees, you will also need to pay a mess advance of INR 30,000 each term. 

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Saikat Roy Chaudhuri Posted On - Aug 14, 2020
MBA Finance, Indian Institute of Management Bangalore (2018)

IIM Bangalore offers four kinds of Master of Business Administration programs.

  • Master of Business Administration (2-year full time)

  • Master of Business Administration (1-year full time)

  • Master of Business Administration (2-year weekend)

  • Master of Business Administration (Business Analytics) (MBA(BA)) (2-year full time)

All these programs cost around INR 23.8 lakhs approximately. The fee structure of 2020-22 PGP for domestic students is given below.

Fees for 2 year

23,00,000/-

Caution Deposit (General)

15,000/-

Caution Deposit (Hostel)

5,000/-

Fees include tuition fees, library, internet, case permission royalty, course material, medical insurance, personal accident insurance, and alumni activity. The caution deposit is to be paid once separately at the time of registration. An additional mess advance of 30,000 is to be paid each term. The amount mentioned above does not include any taxes. Applicable taxes by the government are collected from the students.

The University awards its students several merit-based and merit cum need-based scholarships. The details can be found on the official website of IIM Bangalore.

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