IIM Bangalore Fees 2024 - Check All Courses Fees Structure, Scholarships and Financial Support

IIM Bangalore has been one of the prestigious institutes imparting quality management education and developing skilled management professionals. Its MBA course is prestigious and also known for its expensive fees which is known for getting hiked from time to time.

IIM Bangalore provides a plethora of courses. Starting with MBA (PGP), which provides a classic form of management education. With a specialization in Business Analytics, PGP-BA is another premier MBA program that explores the specialization in depth. Then there is the Executive MBA, also known as EPGP which is a 1-year program as good as a normal 2-year MBA program meant for experienced professionals of experience between 5-12 years. Adding to these, there is a PGP in enterprise management (PGPEM) designed for working professionals. For management research, Ph.D programs are provided with many benefits. For administrative officers and policymakers, a post-graduate diploma course(PGPPM) in public policy and management. Then there are a plethora of courses under executive education that are diverse and informative.

IIM Bangalore MBA (PGP) Fees

IIM Bangalore’s MBA course, which is the Post-Graduate Programme in Management(PGP) is a two-year program consisting of 6 trimesters. This program is designed in such a way that the students can be trained with the knowledge and mentored to develop the required skills to take on roles of leadership in dynamic and complex business environments and scenarios. With the belief in building leaders through transformative, innovative, and holistic education, IIM Bangalore provides business education that is of high quality and best pedagogic practices. The content of the course along with its design takes its inspiration from management practices that are backed by a fundamentally strong framework. The course’s orientation lies in management issues that are emerging and contemporary.

The IIM Bangalore MBA fee is worth INR 24.5 Lakhs. It covers library, tuition, case permission royalty, hostel room rent (1st year only) & service charge, alumni activity, medical insurance, and personal accident insurance. Then there are two kinds of caution deposits, one is general, and the other one is hostel caution deposit. Both are worth INR 15K and INR 5K, respectively. In addition to that, in each term, the student must pay INR 30K as mess charges. Since there are 6 terms, the total mess charge would be INR 1.8 Lakhs. The following is the fee structure of the IIM Bangalore MBA fees and additional fees too:

Type of Fee	Amount (INR)
IIM Bangalore MBA fee	24.5 Lakhs
Caution Deposit (General)	15K
Caution Deposit (Hostel)	5K
Total Mess Charges	1.8 Lakhs (30K per term)
Total Fee	26.5 Lakhs

Taxes such as service tax and other taxes may be applied depending on if laws are applicable. If applicable, at a prescribed rate taxes will be charged. 

IIM Bangalore MBA Business Analytics (PGP-BA) Fees

The  Post Graduate Programme in Business Analytics (PGP-BA) is a residential program that is held over two years. The program covers various management disciplines, and along with that, the student gets to be imparted in-depth knowledge of data science. This program trains students to take up roles where they have to lead in solving complex problems, using artificial intelligence(AI) and analytics to gain insights, developing strategies for business, and identifying patterns that lead to making better decisions. The fee structure for an MBA in Business Analytics is the same as the MBA program of IIM Bangalore.

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IIM Bangalore Executive MBA (EPGP) Fees

The executive MBA program, i.e., the Executive Post-Graduate Programme in Management (EPGP) is a one-year residential program meant for professionals who are experienced. These professionals are chosen based on their track records and work experience in various industries. Students, being in the range of work experience of 5 to 12 years, are provided with a strong & solid foundation in the management disciplines and concepts. One of the key takeaways is that based on the extensive and diverse work experience of the students, the coursework is built. Also read: IIM Bangalore Executive MBA!

Type of fees	Student Type-1* (INR)	Student Type-2* (INR)
Tuition Fee**	25 Lakhs	25 Lakhs
Accommodation Charges	80K	3.76 Lakhs
International Immersion Fees***	5 Lakhs	5 Lakhs
Refundable Deposit	25K	20K
Total fees	31.05 Lakhs	33.96 Lakhs

• *Student type-1 is a single/married student to be accommodated within the campus hostel. Student type 2 is a student with a family who will be accommodated outside campus.
• **The tuition fee covers tuition, course materials, library, student activities, computing & networking, alumni association, and career counseling.
• ***The International Immersion fee amount will be restricted to each student’s actual expenditure incurred towards course fees, travel, and accommodation in the foreign university. If there is any shortfall or excess, then that will be adjusted through additional claims/refunds from students.

IIM Bangalore PGPEM (MBA for working professionals) Fees

The Post Graduate Programme in Enterprise Management (PGPEM) is a two-year program that is meant for senior and mid-level executives. These executives must have a minimum of 4 years of work experience. This program allows the students to continue their jobs and attend classes on weekends. This program’s purpose is centered around the functional experience and knowledge that is blended with contemporary knowledge of management that prepares the student to handle managerial responsibilities in a globalized and liberalized economic landscape. In the program, one of the big takeaways is that the student can avail of full-term exchange programs with the institute’s partner institutions abroad. The fee structure for this program is given in the following table-

Type of fee	Amount (INR)
Tuition  Fee	20.11 Lakhs
Refundable Caution Deposit	10K
Total Fees	20.21 Lakhs

The fee should be paid in eight installments.

Suppose the student continues to attend the course beyond the two academic years which could be expanded to a maximum of 5 years to complete the required credits. In that case, he/she has to pay a continuation fee for each term after the last term of the two-year program until the completion of the course. An amount of INR 25K must be paid for each added term. Even if the student doesn’t attend some courses in a term, he/she has to pay for the full term anyway.

NOTE: Students must also pay the taxes and levies applicable to the fees, during the admission process.

IIM Bangalore Ph.D Programme Financial Support

IIM Bangalore offers Ph.D programs spanning 5 years in which students are given effective training in inter-disciplinary management research and training as academics that will contribute towards inspiring policymakers and leaders. The student implements the role of research assistant and teaching assistant during the program. This program offers specializations in Strategy, Marketing, Production & Operations Management, Finance & Accounting, Entrepreneurship, Public Policy, Economics, Decision Sciences, Human Resource Management & Organisational Behaviour. The students get to be taught by a roster of 100+ internationally reputed faculty who are teaching full-time. Some of the big takeaways from this program are that the student gets to be published in international journals, and then there is access to leading datasets and journals. Also, Find the IIM Bangalore Ph.D Program!

The students get allowances while pursuing their program. Here are some of the major allowances-

• Gets a complete tuition fee waiver.
• Gets a stipend of INR 42K.
• For five years of the program, students are provided single-seater hostel accommodation.
• Students who are married and are taking accommodation outside the campus will be provided with a housing subsidy of INR 20K.
• Those interested in planning a start-up can get a grant of INR 75K in the first year of the program.
• Students are also provided contingency grants worth INR 25K per year from 2nd year to 5th year that support their research work. The elements covered under this grant are computers, stationeries, books, etc.
• The students get to have travel grants of up to INR 3.6 Lakhs, to attend international and national conferences and present their research too.
• External scholarships are available for students.

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IIM Bangalore PGPPM (Post Graduate Programme in Public Policy and Management) Fees

This program is meant for policymakers and administrators, who are trained to polish their leadership skills, improve efficiency, and develop management skills. It is a 40-week modular and hybrid PG Diploma program. This diploma course exposes the students to topical issues of management. The students engage with the IIM Bangalore learning ecosystem in multiple ways with online and offline components due to their hybrid course of delivery. The students are government officers serving in various departments of the government of India. The Department of Personnel & Training sponsors this course's fees.

IIM Bangalore Executive Education Programs Fees

IIM Bangalore provides Executive Education for those looking to upskill themselves in a particular area and related topics. These programs can be of either short duration or long duration. These programs are held online, on campus, or in hybrid mode. Some of these programs also provide alumni status. The following is the fee structure-

S. No.	Programs	Residential Fees (INR)	Non-Residential Fees (INR)
1	Influencing Your Stakeholders Toward Collective Growth	1.05 Lakhs (94.5K for  early bird)	90K (81K for early bird)
2	Strategic Stewardship	1.05 Lakhs (94.5K for early bird)	90K (81K for early bird)
3	Digital Product Management	1.05 Lakhs (94.5K for early bird)	90K (81K for early bird)
4	Ecosystem Strategy for Business Leaders	1.2 Lakhs (1.08 Lakhs for early bird)	1 Lakh (90K for early bird)
5	Dynamics of Financial Sector Regulation	1.45 Lakhs (1.305 Lakhs for early bird)	1.2 Lakhs (1.08 Lakhs for early bird)
6	Artificial Intelligence Strategy	1.45 Lakhs (1.305 Lakhs for early bird)	1.2 Lakhs (1.08 Lakhs for early bird)
7	Competitive Marketing Strategy	1.05 Lakhs (94.5K for early bird)	90K (81K for early bird)
8	Digital and Social Media Marketing Strategy: Driving Business Growth	1.1 Lakhs (99K for early bird)	95K( 85.5K for early bird)
9	Teaching Excellence for Academics in Management (TEAM)	40K	-
10	Certificate Programme in Leadership Coaching	7.4  Lakhs	-
11	Machine Learning with Business Applications	1.45 Lakhs (1.305 Lakhs for early bird)	1.2 Lakhs (1.08 Lakhs for early bird)
12	Leader As a Coach: Accelerating Your Leadership Journey	1.25 Lakhs (1.125 Lakhs for early bird)	1.05 Lakhs (94.5K for early bird)
13	Understanding People through the lens of Behavioral Economics	1.05 Lakhs (94.5K for early bird)	90K (81K for early bird)
14	Leading Strategic Change	1.1 Lakhs (99K for early bird)	95K (85.5K for early bird)
15	IBC & Corporate Insolvency Resolution Process: Strategic Opportunities for Creditors and Investors	1.05 Lakhs (94.5K for early bird)	90K (81K for early bird)
16	Challenges of Managing Inclusive Finance in India	1.45 Lakhs* (1.305 Lakhs for early bird)	-
17	Finance for Decision Making (for non-finance managers)	1.45 Lakhs (1.305 Lakhs for early bird)	1.2 Lakhs (1.08 Lakhs for early bird)
18	Predictive Analytics for Business Forecasting	1.55 Lakhs (1.395 Lakhs for early bird)	1.25 lakhs (1.125 Lakhs for early bird)
19	Strategy and Leadership in VUCA World	1.2 Lakhs (1.08 Lakhs for early bird)	1 Lakh (90K for early bird)
20	Strategic Leadership Programme For IT Companies	1.1 Lakhs (99K for early bird)	95K (85.5K for early bird)
21	Leading with Digital, Analytics, and AI Strategy: Luxury Fashion and Lifestyle Business	1.1 Lakhs (99K for early bird)	95K (85.5K for early bird)
22	Supply Chain Management	1.2 Lakhs (1.08 Lakhs for early bird)	1 Lakh (90K for early bird)
23	Private Equity and Capital Market Financing	1.25 Lakhs (1.125 Lakhs for early bird)	1.05 Lakhs (94.5K for early bird)
24	Strategic Perspectives on the Design of Public-Private Partnerships (PPPs)	1.45 Lakhs (1.305 Lakhs for early bird)	1.2 Lakhs (1.08 Lakhs for early bird)
25	From Data to Decisions	1.45 Lakhs (1.305 Lakhs for early bird)	1.2 Lakhs (1.08 Lakhs for early bird)
26	Company Director’s Programme: Board Best Practices	1.14 Lakhs (1.026 Lakhs for early bird)	99K (89.1K for early bird)
27	Strategy Consulting	1.25 Lakhs (1.125 Lakhs for early bird)	1.05 Lakhs (94.5K for early bird)
28	Decision-Making for Managerial Effectiveness	1.1 Lakhs (99K for early bird)	95K (85.5K for early bird)
29	Artificial Intelligence (AI) and Analytics-Based Business Strategy; Creating Business Value	1.14 Lakhs (1.026 Lakhs for early bird)	99K (89.1K for early bird)
30	Creating Successful New Products	1.05 Lakhs (94.5K for early bird)	90K (81K for early bird)
31	Finance Master Class for Business Leadership	1.2 Lakhs (1.08 Lakhs for early bird)	1 Lakh (90K for early bird)
32	Strategic Leadership and Innovation in the Digital Era	1.1 Lakhs (99K for early bird)	95K (85.5K for early bird)
33	Analytics for Strategic Choices	1.2 Lakhs (1.08 Lakhs for early bird)	1 Lakh (90K for early bird)
34	ESG, Climate Change, and Building Future-Ready Organizations	1.05 Lakhs (94.5K for early bird)	90K (81K for early bird)
35	Strategic Management of Innovation	1.05 Lakhs (94.5K for early bird)	90K (81K for early bird)
36	Digital Business Models and Strategy	1.1 Lakhs (99K for early bird)	95K (85.5K for early bird)
37	Corporate Restructuring, Mergers & Acquisitions, Buyouts and Divestitures	1.51 Lakhs (1.359 Lakhs for early bird)	1.26 Lakhs (1.134 Lakhs for early bird)
38	Design Thinking	1 Lakh (90K for early bird)	90K (81K for early bird)
39	Workplace Conflict – An Opportunity for Growth	1.05 Lakhs (94.5K for early bird)	90K (81K for early bird)
40	Strategic Analysis for Competitive Advantage	1.51 Lakhs (1.359 Lakhs for early bird)	1.26 Lakhs (1.134 Lakhs for early bird)
41	Advanced Business Negotiation Programme	1.1 Lakhs (99K for early bird)	95K (85.5K for early bird)
42	Data Visualisation and Storytelling Through Data	1.05 Lakhs (94.5K for early bird)	90K (81K for early bird)
43	Design Thinking for Leaders	1.1 Lakhs (99K for early bird)	-
44	Business Analytics – The Science of Data-Driven Decision-Making	1.57 Lakhs (1.413 lakhs for early bird)	1.32 Lakhs (1.188 Lakhs for early bird)
45	Business Management Programme for Defence Officers	Contact DGR (Directorate General Resettlement)	Contact DGR
46	Certified People Leaders Programme	-	1.95 Lakhs
47	Executive General Management Programme	-	7.5 Lakhs
48	General Management Programme for IT Executives (GMITE	7.25 Lakhs*	-
49	General Management Programme for Healthcare Executives (GMHE)	-	6.5 Lakhs
50	General Management Programme for Aerospace and Aviation Executives	-	7 Lakhs (plus optional international immersion worth 500 Euros
51	Storytelling for Business Managers	1.05 Lakhs (94.5K for early bird)	-
52	Tanmatra – Women In Leadership	5.25 Lakhs	-
53	Organisational Excellence Through Leadership	1.57 Lakhs (1.413 Lakhs for early bird)	1.32 Lakhs (1.188 Lakhs for early bird)
54	Mindfulness for Effective Leadership	1.05 Lakhs (94.5K for early bird)	90K (81K for early bird)
55	Strategic Leadership Development Programme	4.5 Lakhs*	-
56	Global Executive Master of Business Administration – Aerospace Management (GEMBA)	-	15 Lakhs
57	Creating High-Performance Organisations	1.51 Lakhs (1.359 Lakhs for early bird)	1.26 Lakhs (1.134 Lakhs for early bird)
58	Programme on Data Science & AI (DSAI)	-	7.25 Lakhs
59	Artificial Intelligence for Senior Leaders	1.14 Lakhs (1.026 Lakhs for early bird)	99K (89.1K for early bird)
60	Leading Digital Transformation (LDT)	4.95 Lakhs*	-
61	Advanced Management Programme (AMP)	12.87 Lakhs (International component- 2500$)	10.98 Lakhs
62	Project, Program & Portfolio Management	1.25 Lakhs (1.125 Lakhs for early bird)	1.05 Lakhs (94.5K for early bird)
63	Independent Directors Certificate Programme (IDCP)	-	4.5 Lakhs
64	Certificate Programme in Digital Operations and Supply Chain Management	-	4 Lakhs
65	Digital Marketing for Business Growth	1.45 Lakhs (1.305 Lakhs for early bird)	1.2 Lakhs (1.08 Lakhs for early bird)
66	Digital and Social Media Marketing Strategy: Driving Business Growth	1.1 Lakhs (99K for early bird)	95K (85.5K for early bird)
67	International Management Programme	19 Lakhs* (Programme fee)	-
68	ESG – Management, Reporting and Communication	1.05 Lakhs (94.5K for early bird)	90K (81K for early bird)
69	Business Analytics & Intelligence (BAI)	-	8.65 Lakhs

*Residential or non-residential not specified.

Note: All fees are excluding GST.

IIM Bangalore Financial Aid

To ensure that no student is deprived of getting an education at IIM Bangalore, there is a financial aid policy in place to provide for those who need financial assistance. The candidate’s annual household income must be below 8 Lakhs if the student is in the PGP program and 6 Lakhs if the student is in the PGP-BA program. A two-step process takes place through the undertaking of the Financial Aid Committee that decides the number of students to be awarded financial aid and the percentage of the fees to be aided.

Step 1	Step 2	Result
Qualified Financial Status Score*	Score based on personal interaction with a faculty panel**	20%, 40%, 60%, 80% or 100% financial aid***

• *Based on criteria such as Annual Gross Household Income, Real Estate Assets, Household Savings, and other assets.
• **Evaluation of the financial need of the student along with the genuineness of the relevant documents provided.
• ***Based on the weighted average of scores in step and step 2.

IIM Bangalore Scholarships

Through IIM Bangalore, scholarships are provided depending on what kind of the student is, based on factors such as financial status, background, merit, need, etc. Along with that, alumni scholarships are also provided. Some of the scholarships provided are listed below-

• OPJEMS Scholarship: Given to the 2nd year PGP students, this scholarship is based on merit. Based on the academic performance in the first year of the program, the top 10 students of the second year are eligible to apply. Then an online test is held by conducted by OP Jindal group to find the one student who scores the most. The student who scores the highest gets to be awarded a scholarship of INR 1.5 Lakhs.
• Employment in Social Sector Scholarship: The ones who can apply for this scholarship are the ones who are working in the social sector. In the first three years of work & during the end of each year of work, 1/3rd of the fees is reimbursed under this scholarship.
• Ministry of Social Justice and Empowerment Scholarship (SC): Being a means scholarship, the Ministry of Social Justice and Empowerment under the Government of India provides the National Scholarship for Higher Education for Scheduled Caste students. In the context of IIM Ahmedabad, SC  students of merit from the first year of PGP can apply for this scholarship.
• Aditya Birla Scholarship: The Aditya Birla scholarship is meant for first-year and second-year students of the PGP batch based on merit. An amount of INR 1.75 Lakhs is provided per student who is granted in the first year depending on the required conditions by the provider of the scholarship. The student gets to renew the scholarship during the second year if the student’s academic performance is placed within the top 25% of students from the batch.
• NTPC Scholarship Scheme: Under the NTPC scholarship scheme, students of management studies in the second year belonging to SC/ST/PwD categories, and who have passed in their first attempt of the first-year examinations are eligible to be granted a scholarship of INR 48K per year.
• Ministry of Tribal Affairs Scholarship (ST): This National Scholarship for Higher Education for Scheduled Tribes is awarded by the Ministry of Tribal Affairs, Government of India, to the PGP students studying in their first year. Being a means scholarship, it covers the entire tuition fee.
• Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD) Scholarship: The Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD) Scholarship is meant to be a means scholarship for students with disability more than 40% along with a disability certificate that is issued from a legitimate medical authority. The amount of scholarship provided is INR 2.55 Lakhs per year.
• Siddharth Padam Scholarship: Under the Siddharth Padam Scholarship, a candidate with the highest CGPA in Economics and core courses related to Finance & Accounting in the first year of the PGP. The candidate should also be on the Director’s Merit List.
• Runwal Educational Trust scholarship: Under the Runwal Educational Trust scholarship, the students are selected based on their academic performance and financial aid score. When it comes to academic performance for the first year, the student should be in the top 40% of the batch. The financial aid score is based on the student's application for financial aid in the first year. Finally, an average is weighted based on the academic performance and financial aid score in which a 30% weightage is given to academic performance (CGPA) and 70% is given to the financial aid score.
•  Ubuntu Scholarship: The Ubuntu scholarship is a merit cum means scholarship. It has 2 criteria: the student being a second-year student should get a minimum of 2.0 CGPA in the first year. Adding to that, the next criterion is the application for financial aid by the student.  Based on these two criteria and the highest financial need overall score, the student will be selected for the scholarship.
• Deepankar Khiwani Scholarship: Based on Merit-cum-Means, this scholarship is given to two students of PGP.
•  PGP Class of 1989 Scholarship: The PGP Class of 1989 scholarship is a means scholarship that is given to the student who has not received any scholarship or financial aid.
•  PGP 1998 Batch Scholarship: The PGP 1998 Batch Scholarship is a merit cum needs scholarship that is given to 4 students from the differently abled quota.
•  IIMB PGP Alumni First Batch (1976) Scholarship: The IIMB PGP Alumni First Batch (1976) Scholarship is given to a DAP (Differently Abled Person) who is a female who has completed her first year in PGP. If there is no eligible female DAP, a male DAP will be considered for the scholarship.
• Srimati Saraswati Kulkarni Prize for Excellence in Entrepreneurship: The Srimati Saraswati Kulkarni Prize for Excellence in Entrepreneurship is given to the student who has obtained the highest CGPA in the course of the entrepreneurship subject.
• Nitin Agarwal Scholarship: The Nitin Agarwal Scholarship is meant for those students who have not received any financial aid/scholarship and their financial aid score should be below the financial aid/scholarship cut-off. The student with the highest financial aid score below the cut-off is selected for the scholarship that is given during the MBA orientation program in 2nd year of PGP.
• Smt Parvathi and Sri Vedula Krishnamurthy Scholarship award: The Smt Parvathi and Sri Vedula Krishnamurthy Scholarship award is given to the student whose name is on the DML (Director’s Merit List). Along with that, the 2nd year PGP student should have the highest CGPA in a few subjects and each of the subject’s rank lists. These subjects are Competition & Strategy and ‘Business, Government & Society & Entrepreneurial Learning’.
• Parameshwara Iyer Award: The Parameshwara Iyer Award is a means scholarship given to the student who has not received any financial aid/scholarship.
• IIM Bangalore EPGP Scholarship - Merit (Admission): This EPGP scholarship is based on the overall admission score, in admission rounds 1,2 and 3. In round 1, three top-ranking students are granted this scholarship, four in round 2, and three in round 3. The amount awarded in this scholarship is INR 6 Lakhs. It is awarded in two forms. In the first form, 3 Lakhs are given for fee waiver at the time of registration. In the second form, another 3 lakhs are given to pay the next installment after 2 terms. Along with that, the main condition required is that the student should have a CGPA (considering core term 1 and core term 2) in the top 25% of his/her batch at the end of the first two terms.
• IIM Bangalore EPGP Scholarship - Merit cum Means (Admission): This scholarship is based on the admission score in three rounds of admission for the EPGP batch. In each round, a certain number of students will be eligible for the scholarship based on their overall admission scores. In round 1, two top-ranking students will be selected. In round 2, three students will be taken and in 2 students will be selected in round 3. All these students should not be covered under any other scholarship based on means and merit. The grant of this scholarship is done in two forms. In the first form, at the time of registration, a fee waiver of 2.5 Lakhs will be provided. In the second form, after two terms the CGPA based on the core terms 1 and 2, should come among the top 25% of his/her batch. Then 2.5 Lakhs will be granted to be paid for the next installment after term 2.
• IIM Bangalore EPGP Scholarship - Merit during the program: This scholarship is granted to the top 5 rank holders of the EPGP batch based on their CGPA after the core terms 1 & 2. If the student already has a scholarship, the next rank holders in the DML (Director’s Merit List) are considered for this scholarship. This scholarship’s amount is INR 3 Lakhs.

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