IIM Bangalore Fees - Indian Institute of Management (IIM), Bangalore will soon release the fee structure for the academic year 2023-2025. The expected IIM Bangalore 2023-25 fee for its PGP programme is to be around Rs 24.5 lakhs. IIM Bangalore fees will cover the internet, tuition, library, hostel room, and other components.
IIM Bangalore also offers financial aid and scholarships to the candidates who will be shortlisted for IIM Bangalore admission to the MBA programme on the basis of CAT. Other than the IIM Bangalore fees candidates will be required to deposit the caution deposit and mess in advance. Read the article further to know the detailed IIM Bangalore fee structure and other aspects related to it.
IIM Bangalore offers a full-time two-year MBA programme whose shortlisting is done on the basis of the CAT score. Candidates who meet the IIM Bangalore admission criteria 2023 will be eligible for admission to its prestigious MBA programme. Authorities will release the minimum cutoff score to qualify for the selection process. On the basis of the candidate’s cumulative performance, he/she will be shortlisted for final admission. Check the table below to know the number of seats available for the programme.
Programme Details
Programme | Duration | Seats |
MBA | 2 years | 412* |
* Number of seats may vary.
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The IIM Bangalore fee structure for the academic year 2023-25 will be released soon after the declaration of shortlisted candidates for final admission. However, on the basis of previous years, IIM Bangalore fees candidates can estimate the total fee of the programme.
Break up of IIM Bangalore Fees
Components | Fee |
Fees for 2 years | Rs. 24,50,000 |
Caution Deposit (General) | Rs. 15,000 |
Caution Deposit (Hostel) | Rs. 5,000 |
Fee for 2 years - This component covers tuition, library, internet, course material, case premise royalty, hostel room rent and service charge, personal accident insurance, medical insurance, and alumni activity.
Caution Deposit (General and Hostel) - As part of IIM Bangalore fees, caution money has to be paid one time only at the time of registration.
NOTE: Candidates must note that the IIM Bangalore fees will not include service or any other tax. If made applicable by the law, such taxes will be applicable at the prescribed rates.
Candidates can opt to live off campus only in the second year by making their own arrangements.
IIM Bangalore will provide financial assistance to the candidates whose household income is less than Rs. 8 lakhs per annum only. Also, other students who may arise from unforeseen situations will be considered for financial aid. The following parameters will be taken into consideration before providing financial aid:
Annual Gross
Household Income
Household Savings
Real Estate Assets
Based on the above parameters, students will be provided 20%, 40%, 60%, 80%, and 100% financial aid.
In addition to financial assistance, candidates can also receive scholarships based on their merit. The scholarships are:
Scholarship | Details |
Aditya Birla Scholarship | Amount of Rs. 1.75 lakhs is offered to the candidates for both the first and second years. Students can renew the offer in the second year. |
OPJEMS Scholarship | Amount of Rs. 1.50 lakhs is offered in this scholarship to the students in the second year of the programme. The first ten toppers for the second year will be eligible to apply for the scholarship on the basis of the online test conducted by the OP Jindal group. |
Citi Women’s Leader Award | This scholarship offers coverage for the tuition fee of the second year. The top 25% of students of the first year are selected on the basis of their SOP and PI which will be conducted by CITI bank. |
Societe Generale Global Solution Centre India Scholarship | This Scholarship provides complete coverage for the tuition fee of the PGP programme. Students will be offered this scholarship on the basis of their performance of PI with the Society Generate. |
Siddhartha Padam Award | This Scholarship offers an amount of Rs. 50,000 to the PGP candidates who will be on the merit list and has the highest score/CGPA in Economics, Finance and Accountancy core courses in the first year. |
IIMB PGP Alumni First Batch (1976) Scholarship | This scholarship is given to a differently-abled woman student from PGP. The scholarship aims to assist a differently-abled female student (or a differently-abled male student, if there is no eligible female student). It keeps alive the memory of the PGP batch of 1976 and their association with the institute. The scholarship carries a purse of INR 75000, a medallion, and a certificate. |
Runwal Education Trust Scholarship | Rs. 1 lakh a medallion and certificate is offered to the PGP student based on their performance in the first year and financial needs. |
Hindustan Unilever / T Thomas Scholarship | Rs. 1 lakh is offered to one of the second-year PGP students. |
Yes Bank Scholarship | Amount of Rs. 20 lakhs is offered to the top 20 candidates who is the member of the students’ committee at the IIMB. |
NTPC Scholarship Scheme | Amount of Rs. 48,000 is offered to the second-year candidate belonging to the reserved category. |
Ministry of Tribal Affairs Scholarship (ST) | This scholarship is offered to ST candidates covering the tuition fee of the first year. |
Ministry of Social Justice and Empowerment Scholarship (SC) | This scholarship is offered to SC candidates covering the tuition fee of the first year. |
Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD) | Amount of Rs. 2.55 lakhs is offered to the candidate with not less than 40% disability |
IIM Bangalore successfully concluded its placement for the academic year batch 2021-23. A total of 120 companies participated in the final IIM Bangalore placements process and distributed over 190 PPOs to the MBA students. A total number of 480 offers were made to 440 students. A maximum number of students were recruited from the management consulting sector.
IIM Bangalore Placements 2021: Highlights
Particulars | 2021 |
Number of students | 440 |
Number of offers made | 481 |
Number of companies | 120 |
Pre-placement offers made | 193 |
PPOs accepted | 160 |
Lateral placement offers made | 110 |
Lateral placement offers accepted | 98 |
Overseas offer | 8 |
Opting out of placements | 9 |
Number of offers made during the final placement week | 178 |
Number of offers accepted during the final placement week | 173 |
Average salary | Rs 28.98 LPA |
Median salary | Rs 28.6 LPA |
See More: Top Colleges in Bangalore
Courses | Fees | Eligibility Criteria |
Rs 24.50 Lakhs | ||
Rs 23.00 Lakhs | Bachelor’s Degree with minimum 50% + Minimum 5 Years of work experience after graduation + CAT/GMAT/GRE | |
Rs 20.11 Lakhs | Bachelor’s Degree with minimum 50% + Minimum 4 Years of work experience | |
Rs 24.50 Lakhs | Bachelor’s Degree with minimum 50% marks from a recognised university + a valid score in CAT | |
- | Bachelor’s Degree + Minimum 4 Years of work experience after graduation + CAT/GMAT/GRE | |
- | Master's Degree or a 5-year Integrated Master’s Degree in any discipline, with at least 55% marks in the bachelor’s as well in the master’s degrees. A professional qualification like CA, ICWA, CS, with at least 50% percent marks + a valid score in GMAT/GRE/CAT/GATE/JRF (NET)/IIMB Test. |
The college has all the necessary infrastructure, facilities, and equipment which is really nice and very good. The living spaces are clean and the food is hygienic and very good for the students and good
Yes, the infrastructure of this college is way more good and very beautiful for sure. Students must visit the college for a quick tour to get the insights of this college. It provided all the necessary equipment from clean and large classrooms, hostel, sports centers etc. The whole living spaces are very authentic, clean and food hygienic.
The infrastructure is pretty good, the classrooms are well maintained and newly built. The hostel rooms (New blocks) are also well maintained. The campus is green and has a good sports complex along with a cricket/football ground
Indian Institute of Management Bangalore (IIMB) is one of the best B-schools in India. IIM Bombay is an Institute of National Importance and it is a Government institute. The course of MBA & MBA Business Analytics course is offered on the basis of CAT , GMAT . Both the courses are of 2 years duration and the total fees for the course is around Rs. 23 lacs for the entire duration. So you can estimate that the course fee per year will be around Rs. 11.5 lacs per year.
For more information regarding IIMB consider the link below:
https://www.careers360.com/university/indian-institute-of-management-bangalore
For more information regarding MBA as a career consider the link below:
https://www.careers360.com/courses/mba-master-of-business-administration
For more information regarding MBA in Data Analytics as a career consider the link below:
https://www.careers360.com/courses/mba-in-data-analytics
I hope this helps. Wish you a great eve!
Hello aspirant,
to get admission in IIM B, you firstly have to score good in CAT,because you will get a call from college only when your score of cat matches the cutt off, so firstly u need to focus on cat score...Also, the scores which you have in your college, 10th and 12th are pretty good which can give you a good chance of getting admission in iim b, its just you have to work hard in CAT to get a call from them. Also after giving cat you can add various other cerfication courses or experience in your portfolio..which is also plays a vital role at the time of interview and when they check your academics
Hi Aspirant,
Hope you are doing great as per the question asked by you, as you have secured decent percentage in graduation that is 85 percent in B.COM (//B.COM) hons and is having good academics record so yes you can certainly get admissions in I.I.M Bangalore you should work hard and should focus on achieving high and high in entrance exam. You should certainly work hard and should try to achieve high and high in examination.
Hope you found this answer useful. Stay motivated stay positive.
All the best!
IIM Bangalore fees will be announced soon after students are shortlisted for PGP admission 2023-25.
Candidates aspiring to be admitted to the IIM Bangalore MBA programme must have appeared for CAT 2022.
The expected fee for IIM Bangalore MBA 2023-25 batch is Rs. 24.5 lakhs.
Yes, IIM Bangalore has provision for financial aid and scholarships.