Below is the detailed fee structure for the various programs offered by the "IIM Bangalore Online MBA". The fees listed below represents the total cost of the program. The total fees mentioned can be paid Yearly or semester-wise and EMI facilities are easily accessible.
Being one of the leading IIM institutes, IIM Bangalore has built itself as one of the pioneers of management education in India leading towards excellence in the realm of management. IIM Bangalore attracts great minds who are creative and innovative in their approach towards becoming management leaders of tomorrow who will use their well-developed management competencies to advance organizations. This institute consists of highly eminent faculty who have been prolific in creating not only leaders but change makers who can adapt to the ever-changing global business environment.
There are several MBA programs provided by IIM Bangalore such as the Master of Business Administration (MBA)/Post Graduate Programme in Management(PGP), EPGP (Executive Post Graduate Programme in Management)/MBA for Experienced Professionals, and PGPEM(Post Graduate Programme in Enterprise Management)/MBA for Working Professionals.
This page is meant to lay out the fee structures and scholarships of these programs and make the student reading this page aware of these aspects that are necessary to consider while deciding which program to pursue.
IIM Bangalore Master of Business Administration (MBA)/ PGP Fees
IIM Bangalore’s 2-year MBA/PGP program is a standard business management program that instills management knowledge in the students and develops the students' managerial skill set, which will come in handy as these are meant to build management competencies. Being one of the most sought-after programs in the country, this program is known for its high-quality business education alongside best pedagogic practices.
The curriculum’s speciality is that it is based on emergent management issues that are on the rise as well as contemporary management issues, that are influencing the global business environment. This programme is held in a regular mode where classes are held within the confines of the beautiful IIM Bangalore campus. This program also provides specialization in Business Analytics. Click Here | IIM Bangalore Fees 2024 - Check All Courses Fees Structure!
The MBA/PGP program fee is INR 26 Lakhs. It covers case permission royalty, library, tuition, medical insurance, alumni activity, hostel room rent (1st year only) & service charge, alumni activity, and personal accident insurance. The following is the fee structure of the program-
Type of Fee |
Amount (INR) |
IIM Bangalore MBA/PGP Fees |
26 Lakhs |
Caution Deposit (General) |
15K |
Caution Deposit (Hostel) |
5K |
Total Mess Charges |
1.8 Lakhs (30K per sem) |
Note: Service tax and other taxes may be applied. It is dependent on the applicability of the laws. If there is applicability, then the taxes will be charged at prescribed rates.
IIM Bangalore Executive Post Graduate Programme in Management (EPGP)/ MBA for Experienced Professionals Fees
The IIM Bangalore’s EPGP is a 1-year residential program that consists of offline classes along with campus immersion having a curriculum that imparts a robust foundation in the concepts & disciplines and concepts. This MBA program is designed for executives who want to scale up their competencies and take up higher managerial roles that consume critical decision-making skills as well as team-building skills to carry out effective output. It attracts a peer group that is diverse and has work experience generally between 5 to 12 years.
This diversity is one of the biggest takeaways as the classroom interactions will involve the exchange of ideas, pioneering innovation and building connections. Two types of students enrolled in this program are single bachelor/married students who are living on-campus and students with the family living outside the campus. The total fees by the former are INR 31.05 Lakhs and the latter is INR 33.96 Lakhs. The following is the fee structure of the EPGP-
Type of Fees |
Paid by Single Bachelor/Married Students accommodated on the campus (INR) |
Paid by Student with a family off campus (INR) |
Tuition Fees* |
25 Lakhs |
25 Lakhs |
Accommodation Charges |
80K |
3.76 Lakhs |
International Immersion** |
5 Lakhs |
5 Lakhs |
Caution Deposit |
25K |
20K |
Total Fees |
31.05 Lakhs |
33.96 Lakhs |
*The tuition fee of EPGP covers course material, library, student activities, career counseling, alumni association, computer & networking, and tuition.
**The international immersion fee is indicative, the amount will be confined to actual expenditure taken up by each student that involves travel, accommodation & course fees in the foreign university. If there is any excess or shortfall, the amount will be adjusted through a refund or additional claim from the students.
IIM Bangalore Post Graduate Programme in Enterprise Management (PGPEM)
IIM Bangalore’s Post Graduate Programme in Enterprise Management(PGPEM) is a two-year MBA program that is oriented towards Enterprise Management. The curriculum of this program is designed in such a way that it trains the student to handle managerial responsibilities in an economic landscape that is both global and liberal. Along with that, contemporary management knowledge imparted to the student creates current awareness of the current business environment. It is a regular classroom-based program meant for working professionals such as senior and mid-level executives who have a minimum working experience of 4 years. With established connections with the partnered universities, under this program, the student can apply for a term exchange program at a foreign university.
The tuition fee for the PGPEM is INR 20.11 Lakhs.
The following is the fee structure-
Type of Fees |
Amount (INR) |
Tuition Fee |
20.11 Lakhs |
Caution Deposit |
10K |
Note:
- It should take 8 installments to pay the fees
- During the admission process, the fees come with taxes and levies that the student has to pay.
- The student can extend his/her time for completion of the course beyond two years and up to 5 years. For each extended term, the student must pay INR 25K. If the student does not attend a few courses, he/she still has to pay the full-term fees.
Comparison of Top Online MBA Courses with Updated Fees
MBA courses are the most sought-after courses in the country. Especially since the advent of the digital era, online MBAs have been flourishing ever since they pose competition to the management courses of IIMs. IIMs themselves have also adopted the online format and released their own set of Online MBAs across the country with programs such as Online MBA by IIM Ahmedabad, Online Executive MBA by IIM Mumbai, etc. In present times, a student has the option to pursue an online MBA from multiple university outlets.
Top Online MBA Universities In India |
Fees (INR) |
20 Lakhs |
|
9,92,250 |
|
3.2 Lakhs |
|
2 Lakhs |
|
1.44 Lakhs |
IIM Bangalore Scholarships
Scholarships provided by IIM Bangalore are meant to support students who can’t afford to pay for the MBA programs provided. There are several factors based on family income, merit, means, etc. that are considered before the student gets to avail of scholarships. With the intention of not depriving the students of quality management education, there are several scholarships provided to ensure that talented students should not hold back from joining the programme. The scholarships are listed below-
(1) OPJEMS Scholarship:
- One student gets awarded a scholarship of INR 1.5 Lakhs.
- The scholarship is based on merit.
- Eligibility: Students must be among the top ten PGP students in the second year based on academic performance in the first year.
- Selection Process: Online test conducted by OP Jindal Group. The student with the highest score is awarded the scholarship.
(2) Employment in Social Sector Scholarship:
- For students who are employed in the social sector.
- In the three consecutive years at work, at the end of each year, 1/3rd of the fees is reimbursed
(3) Ministry of Social Justice and Empowerment Scholarship (SC):
- Means Scholarship
- For SC students of merit in the first year of PGP.
- Provided by the Ministry of Social Justice and Empowerment under the Government of India.
- Also known as the National Scholarship for Higher Education for Scheduled Caste students.
(4) Aditya Birla Scholarship:
- Merit-based scholarship.
- For students who are in the first and second year of PGP.
- Eligibility: Should be in the top 25% of the class.
- Selection: Depends on the conditions laid out by Aditya Birla Group.
- An amount of INR 1.75 Lakhs per student is given as a scholarship.
- Students of the first year having the scholarship can renew their scholarship in the second year if they are in the top 25% of the batch.
- Granted by Aditya Birla Group.
(5) NTPC Scholarship Scheme:
- Granted by NTPC (National Thermal Power Corporation).
- For students of management studies belonging to SC/ST/PwD categories.
- Eligibility: Should have passed all first-year examinations of the PGP.
- The eligible student will be awarded a scholarship of INR 48K per year
(6) Ministry of Tribal Affairs Scholarship (ST):
- Also known as the National Scholarship for Higher Education for Scheduled Tribes
- Awarded by the Ministry of Tribal Affairs, Government of India.
- For PGP students studying in the first year who belong to the ST category.
- Means scholarship.
- The scholarship covers the entire tuition fee of the program in which the student is enrolled.
(7) Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD) Scholarship:
- Means scholarship.
- For students with a disability more than 40%, have a disability certificate. This certificate should be issued by a legal medical authority.
- The scholarship that is awarded is INR 2.55 Lakhs per year.
(8) Siddharth Padam Scholarship:
- Eligibility to be awarded:
- The student should have the highest CGPA in Economics.
- Should have the highest CGPA in core courses related to Finance & Accounting.
- The student should also be on the director’s merit list.
(9) Runwal Educational Trust scholarship:
- Scholarship provided by Runwal Educational Trust.
- Parameters to select students: academic performance & financial aid score.
- Student should be in the top 40% of the batch of first year.
- The financial aid score depends on the application given by the student for the financial aid.
- The final score will be a weighted average that depends on a 30% weightage given to academic performance( CGPA) and 70% given to financial aid score.
(10) Ubuntu Scholarship:
- Merit-cum-means scholarship.
- Eligibility: (1) Should be a second-year student. (2) Should have a minimum CGPA of 2.0 in the first year. (3) The application for financial aid.
- Based on eligibility conditions and the highest financial need overall score, the student passing these conditions will get the scholarship.
(11) Deepankar Khiwani Scholarship:
- Merit-cum-Means Scholarship
- Awarded to two students studying in PGP.
(12) PGP Class of 1989 Scholarship:
- Means Scholarship
- For students who didn’t get any scholarship or financial aid.
(13) IIMB PGP Alumni First Batch (1976) Scholarship:
- This scholarship is generally given to a female DAP (Differently Abled Person).
- The student must have completed her first year in PGP.
- If there is no female DAP, a male DAP will be considered for the scholarship.
(14) Srimati Saraswati Kulkarni Prize for Excellence in Entrepreneurship:
- This scholarship is given to the student who has the highest CGPA in the subject of entrepreneurship
(15) PGP 1998 Batch Scholarship:
- Merit-cum-needs scholarship.
- Given to 4 students from the differently abled quota.
(16) Nitin Agarwal Scholarship:
- For students who haven’t received any financial aid/scholarship and their financial aid score is below the financial aid/scholarship score cutoff.
- Students scoring the highest financial aid score below the final cutoff of financial aid/scholarship score will receive the scholarship.
- The scholarship will be given during the MBA orientation program in the 2nd year of PGP.
(17) Smt Parvathi and Sri Vedula Krishnamurthy Scholarship Award:
- Given to the 2nd year PGP student who is on the Director’s Merit List and has achieved the highest CGPA in elective subjects.
- The subjects that are considered for the scholarship are ‘Competition & Strategy’ and ‘Business, Government & Society & Entrepreneurial Learning’.
(18) Parameshwara Iyer Award:
- Means scholarship.
- For the student who hasn’t received any scholarship/financial aid.
(19) IIM Bangalore EPGP Scholarship - Merit (Admission):
- Scholarship is given on the basis of the overall admission score.
- 3 admission rounds are taken to select students who rank high. In the first round, 3 are selected; in the second round four are selected; and in the third round, three are selected.
- Scholarship awarded: INR 6 Lakhs. INR 3 Lakhs are provided as a fee waiver during registration and the next INR 3 Lakhs after two terms.
- Condition: After the first two terms, the student’s CGPA must be in the top 25% of the EPGP batch.
(20) IIM Bangalore EPGP Scholarship - Merit cum Means (Admission):
- Selection Process:
- Admission Score
- Three rounds for evaluating admission score
- Selection in each round: Round 1- two students(top-ranking); Round 2- Three students; Round 3- Two students
- Condition:
- Students must not have any other scholarship based on means and merit.
- The student must have a CGPA ranked among the top 25% in term 1 and term 2.
- Award: The student will be awarded a fee waiver of INR 2.5 Lakhs at the time of registration and another INR 2.5 Lakhs after completion of term 2.
(21) IIM Bangalore EPGP Scholarship - Merit during the program:
- Scholarship amount: INR 3 Lakhs
- Granted to top 5 rank holders of the EPGP batch. The CGPA after the core terms, term-1 & term-2 is considered for evaluation.
- The student who already has a scholarship will not get this scholarship while at the same time, the next rank holder in the director’s merit list will be considered.
(22) IIM Bangalore Financial Aid:
- Eligibility: For the student in PGP and having an annual household income below INR 8 Lakhs. Also, for the student in PGP-Business Analytics with an annual household income being less than INR 6 Lakhs.
- Two-step process:
- Qualified Financial Status Score - Based on Household savings, real estate assets, annual gross household income, and other assets.
- Discussion with a faculty panel that will fetch a score depending on the genuineness of the student’s financial & economic condition.
- Result: Based on the weighted average of the scores in steps 1 and step 2, the percentage of fees covered by the institute will be decided. The percentage of the fees covered will be 20%, 40%, 60%, 80% or 100%.
Students Also Ask |
|
Frequently Asked Questions?
The MBA programs held at IIM Bangalore are PGP (Post Graduate Programme in Management), PGP in Business Analytics, EPGP (Executive Post Graduate Programme in Management), and MBA in Enterprise Management.
The programme fees for PGP conducted by IIM Bangalore is INR 26 Lakhs.
The tuition fee for students of EPGP at IIM Bangalore is INR 25 Lakhs.
It takes 8 installments to pay for the fees of an MBA in Enterprise Management.
Yes, IIM Bangalore provides financial aid/scholarships for MBA students in PGP(Post Graduate Programme in Management), PGP-BA (Post Graduate Programme in Business Analytics), and EPGP (Executive Post Graduate Programme in Management).
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