How much money required to study in IIM?
Answer (1)
10th Dec, 2021
HELLO STUDENT,
IM Fee Structure: Components of MBA Fees
MBA aspirants must know what constitutes the annual program fee of IIMs so that he/they can make financial arrangements, if required, accordingly. The IIM course fee includes boarding and lodging as well as other expenses for services and utilities. Some IIMs allow candidates to take up private residence outside the campus after the first year of the program. The course fee is to be paid semester-wise. IIM fee includes the following expenses:
- Tuition fee
- Personal expenses
- Boarding
- Travel
- Course material
- Mess charges
- Library
- Internet
- Laptop and computer
- Alumni activity and
- Miscellaneous expenses
IIM fees depend on the campus and many other factors
Mainly the fees is around 13 lakhs in IIM AMRITSAR to 23 lakhs in IIM Ahmedabad.
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