Indian Institute of Management Amritsar (IIM Amritsar) Fees Structure – Complete Overview

🏫 Introduction

Indian Institute of Management Amritsar (IIM Amritsar), one of the newest members of the IIM family, is rapidly gaining recognition for academic excellence, placement success, and state-of-the-art infrastructure. Established in 2015, under the mentorship of IIM Kozhikode, IIM Amritsar has grown into a leading destination for students aiming to pursue management education in India.

A critical factor for prospective students and parents when considering a postgraduate management program is the fee structure—what it includes, what it excludes, and how it compares to peer institutions. This guide provides a complete, SEO-friendly, copyright-free breakdown of IIM Amritsar's fees across all programs offered as of the 2025–2027 academic years.

🎓 Programs Offered by IIM Amritsar

IIM Amritsar currently offers the following academic programs:

• MBA (General)

• MBA – Business Analytics (MBA-BA)

• MBA – Human Resource Management (MBA-HRM)

• M.Sc. in Data Science & Management (MSDSM)

• Executive MBA (EMBA)

• Doctoral Program (Ph.D.)

Each program has a distinct curriculum, admission process, and fee structure tailored to its duration, industry focus, and mode of delivery.

📘 MBA Program Fee (General)

Total Fee for MBA (2025–27): ₹21,00,000

The flagship MBA program is a full-time residential course spread over two years and six academic terms. The ₹21 lakh fee is inclusive of:

• Tuition

• Library and IT charges

• Infrastructure usage

• Hostel accommodation (shared rooms)

• Student welfare and activity fund

• Medical insurance

Breakdown by Year

First Year

• Tuition Fee: ₹7,00,000

• Academic Support (Library, IT): ₹1,88,000

• Student Activity & Medical: ₹17,000

• Hostel Fee: ₹45,000

• Mess Charges (Approx.): ₹1,00,000

• Caution Deposit (Refundable): ₹25,000

• Total (Year 1): Approx. ₹10,75,000

Second Year

• Tuition Fee: ₹7,00,000

• Academic Support: ₹1,88,000

• Student Activity & Medical: ₹17,000

• Hostel Fee: ₹45,000

• Mess Charges (Approx.): ₹1,00,000

• Total (Year 2): Approx. ₹10,50,000

📊 MBA in Business Analytics (MBA-BA)

Total Fee: ₹21,00,000

The MBA-BA program is focused on advanced data analytics, machine learning, and decision science integrated into business strategy. The fee structure is the same as the General MBA program:

• Tuition: ₹14,00,000

• Academic & Tech Support: ₹3,76,000

• Hostel & Medical: ₹90,000

• Student Activities: ₹34,000

• Other Charges: ₹1,00,000

• Refundable Deposit: ₹25,000

🧑‍💼 MBA in Human Resource Management (MBA-HRM)

Total Fee: ₹21,00,000

Tailored for aspiring HR professionals, the MBA-HRM offers a mix of core management and specialized HR courses. The fee remains consistent with the MBA and MBA-BA programs.

• Year 1: ₹10,75,000

• Year 2: ₹10,50,000

• Inclusive of Hostel and Academic Charges

🧪 M.Sc. in Data Science & Management (MSDSM)

Total Fee: ₹14,52,000

This interdisciplinary two-year full-time residential program combines Data Science with Business Management.

Fee by Semester (4 semesters total):

• Each Semester: ₹3,63,000

• Total Academic Fee: ₹14,52,000

Additional Charges:

• Application Fee: ₹1,000 (Gen/OBC/EWS), ₹500 (SC/ST/PwD)

• Offer Acceptance: ₹50,000 (adjusted in first semester fee)

• Hostel (Shared Flat): ₹45,000 per year

• Mess: ₹10,000 per month (estimated)

• Refundable Deposit: ₹25,000

💼 Executive MBA (EMBA)

Total Fee: ₹12,00,000

This 2-year program is designed for working professionals who wish to pursue management education while continuing their careers.

• Classes are held on weekends or in hybrid mode

• Application Fee: Varies per session

• Refundable Caution Deposit: ₹25,000

• Learning Material and Online Access included

Note: Hostel and mess charges are not applicable unless candidates choose to stay on campus.

📚 Ph.D. Program

The Ph.D. program at IIM Amritsar is fully funded for selected candidates. It includes:

• Tuition Waiver

• Monthly Stipend (₹30,000 to ₹35,000)

• Contingency Grant for Conferences

• Hostel Accommodation (Free or subsidized)

🏠 Hostel, Mess & Campus Living Costs

Hostel Fees

• ₹45,000 per year (shared accommodation in 3/4 BHK flats)

• Includes Wi-Fi, study tables, mattresses, geysers, and basic furniture

Mess Fees

• ₹10,000 per month (approximate, varies based on actual consumption)

• Paid on a semester or monthly basis

• Mess managed by a student-run committee

Other Living Expenses

• Local transport, stationary, internet dongle (if required), and personal expenses estimated at ₹2,000–₹4,000 monthly

🎓 Scholarships and Financial Aid

IIM Amritsar understands the financial burden of higher education and offers support through:

1. Merit-Based Scholarships

• Awarded based on academic excellence in the first and second year

2. Need-Based Financial Aid

• Available for students from economically disadvantaged backgrounds

• Applicants are assessed based on family income, assets, and personal interview

3. Government Scholarships

• National and state-level scholarships for reserved categories (SC, ST, OBC, EWS)

• Scholarships for minority groups and differently abled candidates

4. Education Loans

• Tie-ups with public and private sector banks

• Collateral-free loans up to ₹20,00,000

• Special interest rates for IIM students

💡 Fee Payment Schedule

To reduce financial stress, IIM Amritsar offers a flexible payment plan. Typically, fees are divided across 6 terms (3 per year).

Standard Payment Plan:

• 1st Installment: ₹3,00,000 (within 15 days of offer acceptance)

• 2nd to 6th Installments: Approx. ₹3,60,000 each term

• Refundable deposit collected in first term

Note: Delayed payments may attract late fees. Detailed fee calendar is provided in the student handbook.

📌 Refund Policy

As per government and IIM Council norms, fee refunds are processed if the candidate withdraws admission within the stipulated period. Conditions include:

• Deduction of a processing fee

• Refund within 15–30 days of withdrawal

• No refund if withdrawal occurs after a certain date (usually after term begins)

🔍 Key Highlights of IIM Amritsar Fees

🧾 Frequently Asked Questions (FAQs)

1. Is the hostel fee included in the MBA fee?

Yes, hostel fee is included in the ₹21,00,000 total. However, mess charges are extra.

2. Is the fee same for all MBA specializations?

Yes, the fee is identical for MBA, MBA-BA, and MBA-HRM.

3. What if I leave the program midway?

Refunds are processed based on the number of terms completed and the date of withdrawal.

4. Are there any hidden or miscellaneous charges?

No hidden fees. All charges are mentioned in the student handbook at the time of admission.

5. Can international students apply?

Yes. International students have a different fee structure and admission route. Contact the IIM Amritsar admission cell for more details.

📍 Conclusion

The IIM Amritsar fee structure for 2025–2027 is competitive, considering the institute’s rapid growth, academic quality, placement records, and living standards. With total fees for flagship MBA programs at ₹21,00,000, IIM Amritsar offers strong ROI, especially with nearly 100% placements and rising average salaries.