Indian Institute of Management Bangalore (IIMB) Fees Structure – Detailed Overview (2025–2026)

Introduction

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.

Why Understanding IIM Bangalore Fees Is Important

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 Programs and Fee Structures

IIM Bangalore offers several full-time and part-time programs. Each program caters to different professional stages, and the fee structure varies accordingly.

1. Post Graduate Programme in Management (PGP) – Full-Time MBA (2 Years)

Total Fees (2025–2027 Batch)

• 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

Key Highlights:

• Fees include access to library, academic resources, sports, and computing facilities.

• IIMB provides a fully residential experience with well-equipped hostels and modern amenities.

2. Executive Post Graduate Programme in Management (EPGP) – One-Year MBA

Total Fees (2025–2026 Batch)

• 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)

Additional Details:

• EPGP students can opt for international modules with universities abroad.

• Accommodation options include both single and family accommodations with separate pricing.

3. Post Graduate Programme in Enterprise Management (PGPEM)

Total Fees (2025–2027 Batch)

• 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

Program Specifics:

• Designed for working professionals with classes on weekends

• Modular residential requirements

4. Post Graduate Programme in Public Policy and Management (PGPPM)

Fees Overview

• 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

Program Focus:

• Designed for mid-career professionals and civil servants

• Includes domestic and international policy modules

5. Doctoral Programme in Management (Ph.D.)

Fee and Fellowship Structure

• 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

Highlights:

• The program is fully funded, making it highly competitive.

• Designed for research scholars aiming for academic or analytical careers.

Detailed Cost Breakdown for PGP (Flagship MBA Program)

Instalment Schedule (PGP Example)

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.

Scholarships and Financial Assistance at IIMB

1. Need-Based Financial Aid (NBFA)

• 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

2. Merit-Based Scholarships

• Aditya Birla Scholarship: ₹1,75,000 per year, awarded to top 25 students

• OPJEMS Scholarship: ₹1,50,000 based on academic and leadership merit

3. Category-Based Scholarships

• Ministry of Social Justice and Empowerment (SC students)

• Ministry of Tribal Affairs (ST students)

• Merit Cum Means Scholarship (for minority students)

4. External Scholarships

• Yes Bank Transformation Series Scholarship

• Societe Generale Global Solution Centre Scholarship

• T. Thomas Scholarship by HUL

5. Institute-Level Financial Assistance

• Emergency hardship grants, interest waivers, and temporary fee deferment options available upon request.

Return on Investment (ROI)

Despite the premium cost, the ROI of IIM Bangalore is among the highest in India.

PGP Placement Highlights (2024)

• 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.

Education Loan Facilities

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.

International Immersion Programs: Additional Costs

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

Fee Refund and Withdrawal Policy

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.

Tips to Manage IIM Bangalore Fees Effectively

1. Plan Early: Anticipate all expenses beyond tuition (travel, laptop, books).

2. Explore Scholarships: Apply before the deadline; have documents ready.

3. Consider Loans Wisely: Compare EMI options, interest rates, and repayment flexibility.

4. Budget: Create a personal monthly budget to control costs on food, travel, and leisure.

5. Use Hostel Facilities: Living on campus is more cost-effective than renting outside.

Summary of Fee Structures (2025–2026)

Conclusion

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.