IIM Bangalore - Indian Institute of Management, Bangalore - Course & Fees Details

Safdarjung Enclave, BangaloreAutonomous UniversityEstd 1973
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IIM Bangalore Fees & Eligibility

Full time Courses
CourseFeesEligibilityApplication DateAction
PGPM24.5 Lakhs (Total Fees) Graduation + CAT19 June - 01 Feb 2024
PGPBA
1 Course
24.5 Lakhs (Total Fees) Graduation with 50% + CAT19 June - 01 Feb 2024
EPGP
1 Course
33.96 Lakhs (Total Fees) Graduation with 50%20 June - 30 Nov 2023
PG Program
1 Course
12 Lakhs (Total Fees) Graduation + CAT19 June - 01 Feb 2024

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Reviewed on Sep 6, 2024(Enrolled 2024)

Fees and Financial Aid:

The year-wise fees you paid (or will be paying). Mention the Tuition fees, caution fees, registration fees, admission fees, development fees, lab fees and the other compulsory charges during the course completion as per the category (like Management, SC, ST). Also, share the fees of your batchmates for categories other than yours.

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IIM Bangalore: 11 Answered Questions

What is the fee for SC/ST students in IIM A, B, and C?

Kunal KishoreStudies at Indian Institute of Management Bangalore (Graduated 2017)

There is no concession for SC/ST students in IIM A, B and C. But this is not a major issue.

IIMs offer a lot of financial aid services to financially weak people. In some cases, the entire fee is paid by the college or some part. It depends on the judgment of the panel on the basis of your situation.

All IIMs offer educational loans at a relatively low interest rate. Banks usually consider IIM students as a profitable investment. So rather than worrying about the money, focus more on your goals.

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What is the expenditure of doing MBA from IIM Bangalore?

Gaurav Kalsi
Aditya GuhaPGP in Management from Indian Institute of Management Bangalore

The total course fee of PGP at IIM Bangalore is Rs. 24,50,000. Apart from this, a caution deposit (general) of Rs. 15000, and a caution deposit (hostel) of Rs. 5000 is payable at the time of admission. Also, a mess advance of Rs. 30000 is payable each term. 

The course fee of Rs 24.5 Lakhs consists of Tuition fee, Library fee, Internet charge, Case Permission Royalty, Course Material charge, Hostel Room Rent and Service charge, Medical Insurance fee, Personal Accident Insurance fee and Alumni Activity fee. The fee does not include Service Tax or any other form of taxes. If made applicable by law, taxes will be collected from the students separately at the prescribed rate. 

Accommodations are available for PGP students, but one can opt for living outside the campus in the second year. 

This is the total cost of pursuing PGP from IIM Bangalore.

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What are the fees at the IIM Bangalore?

Nikhil Ranjan
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For Indian PGP students, the total fee for 2 years at IIM Bangalore is Rs. 24.5 Lakhs. 

This fee covers Tuition, Library, Internet, Case Permission Royalty, Course Material, Hostel Room Rent and Service Charge, Medical Insurance, Personal Accident Insurance and Alumni Activity. 

A caution deposit of Rs.15,000 is to be paid one-time, during registration. This deposit is not included in the total fee and is to be paid separately. Along with it, Rs. 5,000 is to be paid as hostel deposit during the same time. Additionally, a mess advance of Rs. 30,000 is to be paid each term.

The entire amount does not include Service Tax or other taxes, which if applicable, will be collected from the students accordingly. Hostel is provided for PGP students, but one can opt to live outside the campus in the second year.

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What are the best courses to take in IIM Bangalore?

Aditya SrivastavStudied at Indian Institute of Management Bangalore

IIM Bangalore offers a variety of courses to cater to the needs of all its students. 

The ones I found most useful are-

  • Consumer Behaviour by Prof. S. Ramesh Kumar- This is the best course according to me, irrespective of the subjects of your interest. This topic is important for every business in the world.
  • Brand Management by Prof. YLR Moorthy
  • General Commercial Knowledge by Prof. Shankar Subramoney- This course is all about the most essential laws and contractual agreements.

Apart from this, here are some professors whose style of teaching and depth of knowledge is unparalleled-

  • Prof. Dinesh Kumar
  • Prof. Anshuman Tripathy
  • HR by Prof. Vasanthi
  • Prof. Mulky

Research a bit on these courses, and find some information on the above listed professors.

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What is the exact fee structure of IIM Bangalore?

Satyam Purwar
Aditya GuhaPGP in Management from Indian Institute of Management Bangalore

Here is the detailed fee structure for PGP at IIM Bangalore-

Fee type

Amount in Rs. 

Total Course Fee

24.5 Lakhs 

Caution Deposit General

15000 (One-Time) (at the time of admission)

Caution Deposit Hostel

5000 (One-Time) (at the time of admission)

Mess Advance

30000 (each term)

The Total Course fee consists of Tuition fee, Library fee, Internet charge, Case Permission Royalty, Course Material charge, Hostel Room Rent and Service charge, Medical Insurance fee, Personal Accident Insurance fee and Alumni Activity fee.

The fee does not include Service Tax or any other form of taxes. If made applicable by law, taxes will be collected from the students separately at the prescribed rate. Accommodations are available for PGP students, but one can opt for living outside the campus in the second year. 

This is the total fee for PGP at IIM Bangalore.

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Which is best -MBA in finance from ISB Hyderabad or top IIMS A/B/C?

Pratima Khatri
Prakriti SharmaPGP from Indian School of Business (Graduated 2019)

ISB Hyderabad is known for its lack of specialization in Finance. It’s a common understanding now that even if one is preferring ISB Hyderabad for admission, they know that they should go for anything but Finance. Studying some aspects will give you a deeper insight as to why MBA in Finance from ISB Hyderabad is not recommended.

Faculty: Although the visiting faculty is quite decent, it’s the domestic faculty that has ruined the culture at ISB. They are arrogant, pathetic, and extremely incapable. They insult the students regularly and disturb student-teacher relations.

Placements: The roles offered in Finance were below average like Operations, Sales, and BD roles. Such roles were offered in abundance by the banks or start-ups. However, the superior roles like IB/PE/VC/M&A/FP&A/Equity Research/Credit Rating/Asset Management/TAS were offered scarcely. For instance 

  • only 10 FP and A roles were allotted that too only to CAs
  • Only one Investment banking role was offered by Barclays
  • Only 5 PE/bc roles were offered and there was a strong preference for a prior IB/PE/VC experience and IIT undergraduate background.
  • One M and A role was offered only
  • 4 Asset Management and zero Equity Research and Credit Rating roles were offered.

So the best roles were offered limitedly while the batch size stood at 900. Most students ended up with unsatisfactory placements. Now you can decide whether or not to join if you are confident to face the placement scenario.

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How good is the IIM Bangalore Business Analytics Program?

Sugandhi Sood
Khrisnandu SahooIIM Bangalore (2019)

IIM Bangalore belongs to the holy trinity of MBA colleges in India, i.e., IIM A,B,C. PGDBA is meant for people interested in the field of Business Analytics or Data Science. It is also a good option for working professionals who wish to progress in their Business Analytics career.

The curriculum is designed to make the students understand important concepts related to Data Science and Technology, and their role in Business Management. All the PGDBA candidates at IIM Bangalore are eligible for placements and summer internships. 

The demand for Business Analytics is only growing, and IIM Bangalore is the best brand to learn such a high demand course.

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How good is P3M course in IIM Bangalore?

Ankit JhawarMBA from Indian Institute of Management, Ahmedabad (Graduated 2020)

PPPM or Project Program & Portfolio Management is an excellent short-duration course offered by IIM Bangalore. This executive education program selects only 20 candidates each term. The course is for

  •  Candidates with work experience
  •  Candidates currently in middle management to senior management roles.

The program comprises faculty dinners, case study discussions, case study analyses, discussions about real-life management issues, group presentations, and other problem-solving discussions.

The faculty for this program is extremely supportive and helps you throughout the course.

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How can you compare ISB’s CBA vs IIM Bangalore’s BAI courses?

Debapriya Bhattacharya
Gopi Krishna GoyalStudied at Indian School of Business

Both ISB’s CBA and IIM Bangalore’s BAI are vastly different from one another. The following are some of the advantages and disadvantages of both. CBA at ISB:

Pros:

  • Global Faculty and a very good campus are available to CBA students for the entire year, just like PGP students.
  • Very good networking opportunity with 100+ batch as you live on campus with them sharing food, time, and fun.
  • As the 5th batch of CBA graduates, the alumni base is strong.
  • Except for tutorials, the teaching method is primarily offline.
  • Prof Shailesh, Prof Sarang Deo, Prof Arun, and Prof Sudhir Voleti are some of the best faculty in the market.
  • ISB Brand Value because ISB promotes this course as a full-time option. 


Cons:

  • One of the main factors is the high cost.
  • They should raise prices slightly and offer more career opportunities.

IIM B or L:

Pros:

  • Global Faculty and Excellent Peers
  • IIM Brand Worth.
  • More suitable for working people is the online method.
  • In comparison to ISB, the fees are minor.

Cons:

  • You are not permitted to stay on campus, which limits your opportunities to network with your peers.
  • Although IIM promotes this as an executive course, it is more appropriate to take it offline because concepts are difficult to grasp online.
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Is it worth doing an E MBA from IIM Bangalore? I work as SSE. I make around 50 lakhs per annum, age 32 and I have a B Com.

Arshit JainKnow a few things about MBA

If you measure the worth of a degree by its salary, you will never be satisfied, and I recommend that you do not pursue an MBA. Money is only one of many factors to consider before beginning an MBA program. The salary you have is something that most people do not get even after an MBA/Executive MBA; average salary packages range between Rs. 22 and Rs. 25 lakhs. You are already earning twice as much.

If you want to advance your knowledge of business/strategy/finance/organizational behavior and advance to a higher position where you can have a significant impact, an MBA is unquestionably a good option. However, there is no guarantee that you will earn more than 50 lakhs after completing your EMBA. Go for it if you want to learn and are willing to take a pay cut after your MBA. Don't do it if you're only in it for the money. You could invest in the stock market and watch your money double over time. MBA does not magically transform 50 lakhs into 1 crore. 

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