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
Component | Amount (Approximate) |
|---|---|
Tuition (MBA) | ₹14,00,000 |
Hostel (2 years) | ₹90,000 |
Academic Charges | ₹3,76,000 |
Student Activities | ₹34,000 |
Caution Deposit | ₹25,000 (Refundable) |
Mess Charges | ₹2,00,000 |
Total MBA Fee | ₹21,00,000 |
🧾 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.