Search and navigate to colleges and courses
Apply
Scholarships & exams
BANGALORE, KARNATAKA, India
BANGALORE, KARNATAKA, India
NAAC Grade
D
Students
1,400
Placement
98.0%
Avg Package
₹35,00,000
The Indian Institute of Management Bangalore (IIM Bangalore or IIMB) is one of India’s most prestigious management institutions. Located in the tech capital of India, Bengaluru, IIMB is known for academic excellence, world-class infrastructure, and industry-oriented programs. The fee structure of IIMB reflects its status as a premier B-school offering globally competitive education. This comprehensive guide provides a detailed breakdown of the fees for different programs at IIMB, financial aid, scholarships, and value-for-money analysis to help aspirants make an informed decision.
Choosing a top-tier management institution like IIM Bangalore is a major decision. The return on investment (ROI) is high, but the costs involved are substantial. Understanding the full breakdown of fees allows students to plan finances, assess scholarship needs, and evaluate affordability without surprises. This guide covers:
Program-wise fee breakdown
Hostel, mess, and additional costs
Scholarships and financial assistance
Instalment schedules
ROI and career prospects
IIM Bangalore offers several full-time and part-time programs. Each program caters to different professional stages, and the fee structure varies accordingly.
Tuition Fees: ₹23,00,000 – ₹26,50,000 (subject to minor annual adjustments)
Accommodation (Single Occupancy): Included
Mess Charges: ₹30,000 per term (approx. ₹1,80,000 for 2 years)
Caution Deposit (Refundable): ₹20,000
Medical Insurance and Amenities Fee: ₹12,000
Total Estimated Cost: ₹27,00,000 to ₹29,00,000
Fees include access to library, academic resources, sports, and computing facilities.
IIMB provides a fully residential experience with well-equipped hostels and modern amenities.
Tuition Fees: ₹25,00,000
Accommodation (Single): ₹80,000
International Immersion (Optional): ₹5,00,000
Refundable Deposit: ₹25,000
Total Estimated Cost: ₹30,00,000 to ₹33,00,000 (depending on options selected)
EPGP students can opt for international modules with universities abroad.
Accommodation options include both single and family accommodations with separate pricing.
Tuition Fee: ₹20,11,000
Refundable Deposit: ₹10,000
Accommodation (for on-campus classes): Provided during weekend modules
Mess Charges: Payable per session as availed
Designed for working professionals with classes on weekends
Modular residential requirements
Tuition Fee (Open Candidates): ₹12,00,000 – ₹14,00,000
Sponsored Candidates (Govt./PSU): May differ as per agreement
Accommodation & Mess: Additional ~₹2,00,000
Total Estimated Cost: ₹14,00,000 – ₹16,00,000
Designed for mid-career professionals and civil servants
Includes domestic and international policy modules
Tuition Fees: Fully waived
Monthly Stipend: ₹35,000 – ₹40,000 (increasing with progress)
Contingency Grant: ₹75,000 per year
Conference Travel Support: Up to ₹2,00,000 during tenure
Accommodation: Provided or reimbursed as per availability
The program is fully funded, making it highly competitive.
Designed for research scholars aiming for academic or analytical careers.
Expense Item | Amount (Approximate) |
|---|---|
Tuition Fees | ₹26,50,000 |
Hostel Accommodation | Included |
Mess Charges (6 terms) | ₹1,80,000 |
Personal Expenses | ₹1,20,000 – ₹2,00,000 |
Laptop (if needed) | ₹50,000 |
Books and Materials | ₹25,000 – ₹40,000 |
Medical Insurance | ₹12,000 |
Caution Deposits | ₹20,000 |
Total Estimated Cost | ₹30,00,000 – ₹32,00,000 |
IIMB typically breaks down tuition and associated costs into instalments payable before the start of each term. For example:
Admission Acceptance Fee: ₹1,00,000 (adjustable against Term 1 fees)
Term-Wise Instalments: Payable in 6 terms over 2 years
Caution Deposit: Paid once at admission (refundable)
Note: Specific payment schedules are shared with admitted candidates.
Available to students with an annual family income below ₹8,00,000
Amount covered: 25% to 100% of tuition fees based on income slabs
Includes consideration for education loans and other responsibilities
Aditya Birla Scholarship: ₹1,75,000 per year, awarded to top 25 students
OPJEMS Scholarship: ₹1,50,000 based on academic and leadership merit
Ministry of Social Justice and Empowerment (SC students)
Ministry of Tribal Affairs (ST students)
Merit Cum Means Scholarship (for minority students)
Yes Bank Transformation Series Scholarship
Societe Generale Global Solution Centre Scholarship
T. Thomas Scholarship by HUL
Emergency hardship grants, interest waivers, and temporary fee deferment options available upon request.
Despite the premium cost, the ROI of IIM Bangalore is among the highest in India.
Average Salary (Domestic): ₹35 LPA
Highest Salary (Domestic): ₹82 LPA
Median Salary: ₹32.5 LPA
Top Recruiters: BCG, McKinsey, Amazon, Bain & Co, Microsoft, Goldman Sachs
With such placement records, many students recover their investment within the first year of employment.
Many banks offer loans for IIMB students with the following benefits:
No collateral up to ₹25–₹40 lakh
Moratorium period (Course duration + 6–12 months)
Preferential interest rates (8%–10%)
Repayment tenures up to 15 years
Popular banks: SBI Scholar Loan, Axis Bank, HDFC Credila, Canara Bank, Bank of Baroda.
Certain programs like the EPGP or exchange terms in the PGP include global immersion modules. Costs are:
Travel and Visa: ₹1,50,000 – ₹2,50,000
Accommodation Abroad: ₹1,00,000+
International Tuition (if applicable): Included for official modules
IIM Bangalore follows UGC regulations for fee refunds:
Withdraw before classes: Full fee refund minus ₹1,000
Withdraw within 15 days: Partial refund
After 30 days: No refund
Deposits are fully refundable provided no dues are outstanding.
Plan Early: Anticipate all expenses beyond tuition (travel, laptop, books).
Explore Scholarships: Apply before the deadline; have documents ready.
Consider Loans Wisely: Compare EMI options, interest rates, and repayment flexibility.
Budget: Create a personal monthly budget to control costs on food, travel, and leisure.
Use Hostel Facilities: Living on campus is more cost-effective than renting outside.
Program | Total Fees | Duration | Accommodation |
|---|---|---|---|
PGP (MBA) | ₹27–29 lakhs | 2 years | Included |
EPGP | ₹30–33 lakhs | 1 year | Optional |
PGPEM | ₹20–21 lakhs | 2 years | Optional |
PGPPM | ₹12–16 lakhs | 1 year | Optional |
Ph.D. | Fully Funded + Stipend | 4–5 years | Provided |
The Indian Institute of Management Bangalore offers exceptional academic value and global recognition, but it comes with a significant financial investment. Whether pursuing a two-year PGP, a one-year EPGP, or any other program, students should prepare for tuition, accommodation, and living expenses accordingly. However, the world-class faculty, industry exposure, and unmatched placements ensure that students receive tremendous value.
NAAC Grade
D
Students
1,400
Placement
98.0%
Avg Package
₹35,00,000
Highest Package
₹1,00,00,000
Graduation Rate
99.0%
Highest Package
₹1,00,00,000
Graduation Rate
99.0%