IIM Ahmedabad Course & Fee Structure 2023

IIM Ahmedabad Fees 2024: Know More About IIM Ahmedabad MBA Fees

IIM Ahmedabad (Indian Institute of Management Ahmedabad) stands as one of India's most prestigious B-schools. It has achieved top recognition, securing the 1st rank in NIRF 2023's list of the top 100 management schools in the country. With its illustrious reputation, IIM Ahmedabad remains the first and most sought-after choice among aspiring candidates. IIM Ahmedabad fees have been increasing significantly each year, making it crucial for aspiring students to plan their finances in advance.

Table of Content

IIM Ahmedabad Fees Year Wise Trends
IIM Ahmedabad MBA Fees 2024: Component-Wise Fee Structure
IIM Ahmedabad Hostel Fees 2024
IIM Ahmedabad Courses and Fees
IIM Ahmedabad Vs XLRI Vs FMS Delhi Vs ISB Hyderabad Vs IIM Bangalore
IIM Ahmedabad Fees FAQs

IIM Ahmedabad Fees Year Wise Trends

Batch	IIM Ahmedabad MBA Fees (INR)	Average Package (INR)
2023-25	25 Lakhs	-
2022-24	24.61 Lakhs	-
2021-23	23 Lakhs	34.36 LPA
2020-22	23 Lakhs	32.79 LPA
2019-21	23 Lakhs	27.54 LPA
2018-20	22 Lakhs	26.13 LPA

IIM Ahmedabad MBA Fees 2024: Component-Wise Fee Structure

College	Seats	IIM Ahmedabad MBA Tuition Fees (INR)	Other Fees (Library, Alumni deposit, Hostel & Mess fee, caution deposit, Medical insurance, etc.)
Indian Institute of Management Ahmedabad (IIM A)	398	18.19 Lakhs	6.42 Lakhs

IIM Ahmedabad Hostel Fees 2024

Payment Mode-1:

Phase	Married Student Hostel Fee (MSH) (INR)	Single Accommodation Fee (INR)
First Commitment Fee	2 Lakhs	2 Lakhs
Second Commitment Fee	12 Lakhs	12 Lakhs
Balance Program Fee	18 Lakhs	16 Lakhs
Caution Deposit (Refundable)	70 Thousand	35 Thousand

Payment Mode-2:

Phase	Married Student Hostel Fee (MSH) (INR)	Single Accommodation Fee (INR)
First Commitment Fee	2 Lakhs	2 Lakhs
First Installment Balance Fee	14.40 Lakhs	12.40 Lakhs
Second Installment Balance Fee	10.66 Lakhs	10.66 Lakhs
Third Installment Balance Fee	5.33 Lakhs	5.33 Lakhs
Caution Deposit (Refundable)	70 Thousand	35 Thousand

IIM Ahmedabad Courses and Fees

IIM Ahmedabad Courses	Seats	IIM Ahmedabad Fee Structure (INR)	Eligibility Criteria
PGPM	398	25 Lakhs	Bachelor’s degree in any discipline with a minimum aggregate score of 50% Selection Process: CAT scores, conducting an Analytical Writing Test (AWT), Personal Interview (PI), and considering an Application Rating Score to calculate the Final Composite Score (FCS)
Post Graduate Programme in Management for Executives (PGPX)	140	31.50 Lakhs	Bachelor’s degree in any discipline along with a minimum of 4 years of work experience Selection Process: GMAT/GRE scores and conducting Personal Interviews (PI)
Food and Agri-Business Management (PGP-FABM)	47	24.61 Lakhs	Candidates must hold a Bachelor's Degree in Agricultural Sciences or a related field with a minimum of 50% marks or equivalent CGPA (with a 5% relaxation for SC/ST/PwD candidates) Selection Process: CAT scores, AWT (Analytical Writing Test), PI (Personal Interview), FCS (Final Composite Score), and recognition for extra-curricular activities.
Ph.D.	16	-	Master's degree, a 2-year PG diploma, or a 5-year Integrated master's degree with at least 55% aggregate marks or completion of CA/CS/CMA with a minimum of 50% marks is also accepted Selection Process: CAT, GMAT, GRE, GATE, UGC-JRF, ICAR-SRF, or UGC-NET scores along with a Personal Interview (PI)
e-Mode Post Graduate Program in Management (ePGP)	-	20 Lakhs	Bachelor’s degree or equivalent, CA/CS/ICWA qualifications with a minimum of 50% aggregate score, or be a working professional/entrepreneur with 3 years of work experience Selection Process: CAT, GMAT, GRE, or IIMA Admission Test scores along with a Personal Interview (PI)
ePost Graduate Diploma in Advanced Business Analytics (ePGD-ABA)	-	12 Lakhs	Bachelor’s degree with either 2 years of work experience or exceptional academic qualifications Selection Process: CAT, GMAT, GRE, GATE, or ePGD-ABA qualifying & aptitude test scores along with a Statement of Purpose (SOP).

IIM Ahmedabad Vs XLRI Vs FMS Delhi Vs ISB Hyderabad Vs IIM Bangalore

College	Seats	Fee Structure (INR)	Average Package (INR)	Ranking
IIM Ahmedabad	398	25 Lakhs	34.3 LPA	1 (NIRF)
XLRI Jamshedpur	360	27.40 Lakhs	32.70 LPA	9 (NIRF)
FMS Delhi	299	2 Lakhs	34.1 LPA	8 (BT)
ISB Hyderabad	929	36.3 Lakhs	34.21 LPA	1 (FT)
IIM Bangalore	480	24.5 Lakhs	35.31 LPA	2 (NIRF)

IIM Ahmedabad Fees FAQs

Ques How much CAT score is required for IIM Ahmedabad?

Ans. Usually, the qualifying cut-off for IIM Ahmedabad is less when compared to other IIMs i.e, General: 80, NC-OBC/EWS: 75, SC/PWD: 70, ST: 60. But the final CAT cut-off percentiles are around 99-100 for general category and for reservation category, it will be around 95 percentile.

Ques. Can a poor student study at IIM Ahmedabad?

Ans. IIM Ahmedabad is renowned for providing fee waiver opportunities to economically disadvantaged students. Some fortunate individuals may receive up to an 80% waiver on their fees, leaving only the remaining 20% to be managed through educational loans.

Ques. What is the IIM Ahmedabad total fee?

Ans. The IIM Ahmedabad total fees for the batch 2023-25 is INR 25 Lakhs .

Ques Why is IIM Ahmedabad so special?

Ans. IIM Ahmedabad is considered special and stands out for several reasons. It is one of the most prestigious and top-ranked business schools in India, known for its rigorous academic curriculum and excellence in management education. The institute has a rich legacy and has produced numerous successful leaders and entrepreneurs in various fields. Its faculty consists of renowned experts, and the campus fosters a vibrant learning environment.

Ques. Is IIM difficult to crack?

Ans. Getting into an IIM is achievable with strong dedication and a desire to succeed. The exam covers concepts learned up to class 10, so dedicating time to preparation, taking mock tests, and improving weak areas can make it easier to crack.

Ques. Is IIM govt or private?

Ans. Indian Institutes of Management (IIMs) are autonomous public management institutes established by the Government of India. They are not private institutions but rather public institutions established by an Act of Parliament. Each IIM operates as an autonomous body under the Ministry of Education, Government of India.

Ques. Do all IIM graduates earn in crores?

Ans. This year, many IIMs have achieved record-breaking highest packages in crores for a significant number of students. While not all IIMs have recorded such high packages, most of them maintain an impressive 100% placement record with an average package exceeding 10+ LPA.

Ques. Which course is IIM Ahmedabad famous for?

Ans. IIM Ahmedabad is renowned for its flagship program, the Post Graduation Program in Management (PGPM). Admission to this program is based on the valid score of CAT (Common Admission Test).

Ques. Is there AC in the IIM hostel?

Ans. Yes, most of the IIMs provide well-equipped hostels with air conditioning facilities for students.

Ques. Are IIMs safe for girls?

Ans. Yes, IIMs are generally considered safe for girls, and there are numerous specializations available. You can choose the one that aligns with your personality and interests.

IIM Ahmedabad Fees & Eligibility

Full time Courses

Course	Fees	Eligibility	Application Date
PGPM	₹25 Lakhs (Total Fees)	Graduation + CAT	10 May 2024
PG Program 1 Course	₹25 Lakhs (Total Fees)	Graduation + CAT	10 May 2024
PGPX	₹33 Lakhs (Total Fees)	Graduation + GMAT/GRE	3 July - 21 Feb 2024
FDP	₹1.2 Lakhs (Total Fees)	Post Graduation	16 Feb 2024

Course

Fees

Eligibility

Application Date

Action

PGPM

₹25 Lakhs (Total Fees)

Graduation + CAT

10 May 2024

PG Program

1 Course

₹25 Lakhs (Total Fees)

Graduation + CAT

10 May 2024

PGPX

₹33 Lakhs (Total Fees)

Graduation + GMAT/GRE

3 July - 21 Feb 2024

FDP

₹1.2 Lakhs (Total Fees)

Post Graduation

16 Feb 2024

Course	Fees	Eligibility	Application Date
MBA 1 Course	₹20 Lakhs (Total Fees)	Graduation	10 May 2024
ePGD 1 Course	₹12 Lakhs (Total Fees)	Graduation	3 July - 21 Feb 2024
EPGP	₹20 Lakhs (Total Fees)	Graduation	3 July - 21 Feb 2024

Course

Fees

Eligibility

Application Date

Action

MBA

1 Course

₹20 Lakhs (Total Fees)

Graduation

10 May 2024

ePGD

1 Course

₹12 Lakhs (Total Fees)

Graduation

3 July - 21 Feb 2024

EPGP

₹20 Lakhs (Total Fees)

Graduation

3 July - 21 Feb 2024

College	Avg Fees/ year
FMS Delhi Faculty of Management Studies, New Delhi	₹100000
ISB Hyderabad Indian School of Business, Hyderabad	₹3365143
IIT Bombay - Indian Institute of Technology - [IITB], Mumbai	₹218588
XLRI, Jamshedpur	₹1430000
IIM Bangalore - Indian Institute of Management, Bangalore	₹1225000
IIMI - Indian Institute of Management, Indore	₹1058579
IIMC - Indian Institute of Management, Kolkata	₹1350000

College

Avg Fees/ year

FMS Delhi Faculty of Management Studies, New Delhi

₹100000

ISB Hyderabad Indian School of Business, Hyderabad

₹3365143

IIT Bombay - Indian Institute of Technology - [IITB], Mumbai

₹218588

XLRI, Jamshedpur

₹1430000

IIM Bangalore - Indian Institute of Management, Bangalore

₹1225000

IIMI - Indian Institute of Management, Indore

₹1058579

IIMC - Indian Institute of Management, Kolkata

₹1350000

IIM Ahmedabad: 14 Answered Questions

What are the fees of IIM Ahmedabad Institute for an MBA?

Akriti Banerjeelives in New Delhi

IIM Ahmedabad MBA Fees 2023 for the PGPM program is in the range of INR 10 to 23 Lakhs for two years. 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 breakdown of the fee components: It is to be noted

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)

You dont have to necessarily pay the entire fee in one go but can also pay in installments.

What are the best courses to take in IIM Ahmedabad?

Admin

The best course that I took during my MBA at IIM Ahmedabad, was not at my college.

It was the double degree that I pursued from ESCP Paris. There I had the pleasure of learning Marketing of Innovation under Professor Boris Durischin. The marketing concepts I learnt from him helped me land a well paying job. Sir made learning very pleasurable. He is one of the best teachers that I studied under.

The courses that I learnt at IIMA, and found useful, are-

Trading Strategies and Managing Financial Institutions- These two courses refreshed my concepts in Finance. MFI prepared me for BFSI and mid office IB roles. These courses are scoring as well.

Business & Intellectual Property and Legal Aspects of Business- These two courses under Prof. Anurag Agarwal, are a one time experience. Sir’s way of teaching is unmatched. He only teaches important and relevant topics. These two courses groomed me as a business professional.

These are the courses that I found useful as an MBA student at IIM Ahmedabad.

What is the fee for SC/ST students in IIM A, B, and C?

Kunal KishoreStudies at Indian Institute of Management Bangalore (Graduated 2017)

There is no concession for SC/ST students in IIM A, B and C. But this is not a major issue.

IIMs offer a lot of financial aid services to financially weak people. In some cases, the entire fee is paid by the college or some part. It depends on the judgment of the panel on the basis of your situation.

All IIMs offer educational loans at a relatively low interest rate. Banks usually consider IIM students as a profitable investment. So rather than worrying about the money, focus more on your goals.

How do I manage my fees for IIM Ahmedabad?

Vijendra AsopaPost Graduate Program, PGP from Indian Institute of Management Calcutta (Graduated 2020)

The campus of IIM Ahmedabad offers stalls from banks that are ready to help you in the entire loan process.

Start your loan application process early. As soon as you get selected your college will get you in touch with the bank officials. Every bank has different interest rates. Choose according to your budget. You just need to fill and submit the documents online and wait.

The banks will cater to all your expenses like fees and reimbursements. All you need to do is drop your mail to the bank's mail ID. You will get instant credit in your account.

When you finally get a job after graduation you have to repay the loan within 6 months or a year.

Why is the fee structure so high in iim ahmedabad?

Sautrik Banerjeestudied at Indian Institute of Management, Ahmedabad

IIM Ahmedabad charges high fees to maintain its cutting-edge facilities, top-notch infrastructure, high-end research facilities, it offers. They need to charge high to meet these costs. Also, IIMs are autonomous and they don’t receive much funding from the government. The majority of their funding comes from the program fees.

However, for students in need of financial help, IIM Ahmedabad has many scholarships and students loans on offer.

How can a student from poor family afford to study at IIM Ahmedabad? My father nearly had a heart attack when he heard about their fees structure. Is 25+ lakhs for a 2 year MBA program worth it?

Tezal Dahiya

I don’t think you should worry about the high fees at all since the banks on campus take care of 100% of your fees. All you need to do is show them your admission letter, and they will provide you with decent loans. Many banks are easy to give you loans of up to 30+ lakhs some without collateral too in the case of A, B, or C.

Once you have made it to IIM Ahmedabad you can change the date of your family. With enough hard work, you can land a job that will help you repay the loans within 3-4 Years.

So what you need to do is just become determined to work hard and earn your fees!

Which is best -MBA in finance from ISB Hyderabad or top IIMS A/B/C?

Prakriti SharmaPGP from Indian School of Business (Graduated 2019)

ISB Hyderabad is known for its lack of specialization in Finance. It’s a common understanding now that even if one is preferring ISB Hyderabad for admission, they know that they should go for anything but Finance. Studying some aspects will give you a deeper insight as to why MBA in Finance from ISB Hyderabad is not recommended.

Faculty: Although the visiting faculty is quite decent, it’s the domestic faculty that has ruined the culture at ISB. They are arrogant, pathetic, and extremely incapable. They insult the students regularly and disturb student-teacher relations.

Placements: The roles offered in Finance were below average like Operations, Sales, and BD roles. Such roles were offered in abundance by the banks or start-ups. However, the superior roles like IB/PE/VC/M&A/FP&A/Equity Research/Credit Rating/Asset Management/TAS were offered scarcely. For instance

only 10 FP and A roles were allotted that too only to CAs
Only one Investment banking role was offered by Barclays
Only 5 PE/bc roles were offered and there was a strong preference for a prior IB/PE/VC experience and IIT undergraduate background.
One M and A role was offered only
4 Asset Management and zero Equity Research and Credit Rating roles were offered.

So the best roles were offered limitedly while the batch size stood at 900. Most students ended up with unsatisfactory placements. Now you can decide whether or not to join if you are confident to face the placement scenario.

How good is the IIM Ahmedabad PGPX 1-year full-time program?

Devansh PathakStudied at IIM Ahmedabad

If your current package is less than 15 LPA, pursuing PGPX 1-year full-time program at IIM Ahmedabad is good. You should look at international colleges if your current package exceeds 15 LPA. You should always do your MBA and find a job outside of India. India is simply the world's back office. It is different if you want to be an IAS officer, but Indian corporate is slavery and junk. Working here for an extended period of time will undoubtedly turn you into a lunatic.

One week of college life is enough to demonstrate the quality of American education. The tasks are out of this world. Americans are among the world's smartest and most innovative people. As a last resort, continue your education in India. Even if you have more than 5 years of work experience, IIM A/ISB will only hire you in one of India's back offices.

How useful was the course PGPX in IIM Ahmedabad for your career?

Nikhil JainPGP-PGDM from Indian Institute of Management Calcutta (Graduated 2019)

Whether the PGPX course in IIM Ahmedabad is useful for your career depends on what exactly you want to achieve from the course. It could be one of these things:

Increasing your pay
Switching industries
Aiming for a particular position at a particular company
gaining a holistic view of the organization

As much as this course will help you achieve the above goals, your past experience matters the most. The course can be a driving force in your career but not the main force. It will enhance your skills and personality and not change it. So it's best to keep your expectations from the course low and focus on yourself.

What is a better option between IIM Ahmedabad and FMS Delhi given that I have no financial help from my parents?

Prakhar SahuMBA in Management, Indian Institute of Management, Ahmedabad (Graduated 2017)

Financially speaking, FMS Delhi is a better option. The fees are extremely low compared to most other B Schools. The low fees do not compromise the quality of education here. But the accommodation and other expenses are high in Delhi. So the best option is to get a hostel in DU. But if you are okay with below-average rooms then rooms are available near FMS in the Malka Ganj area. They cost around INR 4000-7000.

If you go for IIM Ahmedabad, the scholarships and student loans will help you a lot. They will cover your tuition and hostel fees and will have to just pay your personal expenses (10k-15k in PG). One won’t regret investing in IIM Ahmedabad in the long run. But the ultimate choice is yours.

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