IIM Bangalore – Indian Institute of Management Courses and Fees
Courses
IIM Bangalore Courses
IIM Bangalore Fees
IIM Bangalore Fees for MBA program is INR 24.50 Lakhs, however, the actual cost of pursuing an MBA from the institute is estimated to be around INR 27,50,000. IIM Bangalore fees increased this year for the MBA program, as compared to last year when the fee was 23 Lakhs.
Course Name | IIM Bangalore Fees | Program Details |
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MBA/ MBA-BA |
INR 24,50,000 (2 years) |
Intake: 480 (MBA), 45 (MBA-BA) Eligibility: Bachelor’s degree Selection Criteria: CAT + WAT + Personal Interview |
EPGP |
INR 28,50,000 (1 year) |
Intake: 75 Eligibility: Bachelor’s degree with 50% marks and 5 years of Work Experience. Selection Criteria: GMAT/ GRE + Personal Interview |
PGPEM |
INR 20,11,000 (2 years) |
Intake: 80 Eligibility: Bachelor’s degree with 50% marks + 4-year work experience. Selection Criteria: CAT/ GMAT/ GRE/ IIMB Test + Interview + Written Ability Test |
Eligibility Requirements:
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Completion of graduation in any discipline, such as BSc or MCA.
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Possession of a two-year post-graduate degree.
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Prioritisation of the business aspects of CRM by holding an undergraduate degree in management or a marketing-related field.
To apply, follow these steps on the official IIMB website:
Enrollment Procedure:
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Create an account.
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Register for free.
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Optionally, opt for a certificate of completion by paying a fee.
IIM Bangalore Courses Information:
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Duration: 6 weeks
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Estimated Effort: 3-4 hours per week
This course offers eligible candidates the chance to enhance their understanding of Customer Relationship Management without incurring any costs.
IIM Bangalore Hostel Fee Structure
IIM Bangalore Courses | IIM Bangalore Hostel Fee Structure (INR) |
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PGPM | Hostel Accommodation Fees: Included in Fees only Mess Fees: 1.8 Lakhs (INR 30,000 per term) |
PGP-BA | Hostel Accommodation Fees: Included in Fees only Mess Fees: 1.8 Lakhs (INR 30,000 per term) |
EPGP | Single Accommodation: 80,000 Family Accommodation: 3.76 Lakhs |
PGPPM | Accommodation charges are included in the fee of 12 Lakhs |
PGPEM | Accommodation charges are included in the fee |
IIM Bangalore FAQs
Q: What are the IIM Bangalore courses offered?
A: IIM Bangalore provides a range of courses, including PGP, PGP-BA, EPGP, PGPEM, PGPPM, Ph.D., and certificate programs.
Q: Can you provide the specific breakdown for IIM Bangalore fees structure?
A: The comprehensive IIM Bangalore fees cover both tuition and hostel charges, amounting to INR 24,50,000. Additionally, students are required to pay a one-time general caution deposit of INR 15,000 and a hostel caution deposit of INR 5,000. At the commencement of each term, there is an additional payment of INR 30,000 for the mess.
Q: Is it challenging to secure admission at IIM Bangalore?
A: Yes, gaining admission to IIM Bangalore is highly competitive due to its esteemed reputation and stringent admission criteria. As one of the top management institutes in India, IIM Bangalore attracts a large pool of exceptionally qualified candidates. The institute evaluates various factors, including academic performance, work experience, and performance in exams such as CAT, with a requirement of a percentile close to 99. With a limited number of available seats and intense competition, aspiring candidates need outstanding academic records, significant work experience, and exceptional CAT scores. The selection process also involves rigorous interviews and group discussions. Thus, securing admission to IIM Bangalore necessitates not only academic excellence but also a well-rounded profile and dedicated preparation.
Q: Why is CAT considered more challenging than other MBA entrance exams?
A: The CAT exam, a national-level MBA entrance test conducted by IIM, attracts over 2.3 lakh applicants annually. Recognised by IIMs and top MBA colleges in India, CAT necessitates stringent criteria to select the best candidates from this large pool. This is what makes CAT tougher than other MBA entrance exams. Although CAT shares a similar syllabus with other MBA entrance exams, the question paper set by IIM faculty consistently features challenging questions. Additionally, CAT imposes sectional time limits, a feature absent in most other exams except XAT. This time constraint adds pressure on candidates to solve an adequate number of questions within each section’s stipulated time. Unlike other MBA exams, CAT’s Reading Comprehension passages are lengthy and dense, contributing to the perception that CAT is more challenging than its counterparts.
Q: What are the eligibility criteria for admission to the MBA program in Risk Management at IIM Bangalore?
A: To be eligible for admission to the MBA program in Risk Management at IIM Bangalore, you must possess a bachelor’s degree or its equivalent in any discipline with a minimum of 50% marks or an equivalent CGPA. Additionally, a minimum of four years of work experience in any industry post-graduation is required. Applicants must be Indian citizens and fall within the age bracket of 21 to 30 years at the time of application. The selection process typically involves multiple stages, including a written exam, group discussion, personal interview, and more, ensuring that only the most qualified candidates are admitted.
Q: Why opt for the Executive MBA course at IIM Bangalore?
A: With an impressive average package of INR 33.07 LPA and a NIRF ranking of 2 for its Management courses, the Executive MBA from IIMs is a top choice for working professionals seeking to enhance their knowledge and educational credentials in Management. IIM Bangalore has consistently shown an upward trend in the average package, reaching INR 30.09 LPA in 2022 and INR 26.08 LPA in 2021.
Q: What is the total cost of pursuing the Executive MBA from IIM-B?
A: The total tuition fee for IIM Bangalore’s Executive MBA program is INR 23 lakh. This fee, though indicative and sourced from unofficial information, covers the entire tuition cost. For a detailed breakdown of the IIM Bangalore Executive MBA fee structure, prospective students are advised to reach out to the institute’s admission department. Additionally, students should be aware of application fees and exam application charges, contributing to the overall cost of the program.
Q: What is the experience of pursuing an MBA at IIM Bangalore?
A: IIM Bangalore is renowned for its MBA or PGP program, a two-year full-time residential initiative crafted to prepare students for leadership roles in a complex and dynamic global environment. The PGP program is consistently ranked among the top IIM Bangalore courses globally, presently holding the 31st position in the Financial Times ranking for 2022. Nationally, IIM-B is ranked second for Management education by NIRF. In terms of placements, IIM Bangalore witnessed the participation of 137 companies during MBA (PGP and PGP Business Analytics) placements in 2022, resulting in over 660 offers. The average package offered during MBA placements in 2022 reached INR 33.82 LPA.
Q: Is the CAT score accepted for admission to the Executive MBA program at IIM Bangalore?
A: No, IIM Bangalore considers GMAT/GRE scores for admission to the EPGP course. Candidates who qualify in either of these entrance exams can apply for the E-PGP course, provided they meet the other eligibility criteria. The minimum eligibility requirements include:
- Graduation in any discipline with a minimum of 50% aggregate or an equivalent Cumulative Grade Point Average (CGPA).
- Applicants from SC, ST, and PwD categories must have a minimum of 45% or an equivalent CGPA.
- Applicants who have not pursued a bachelor’s degree but have completed CA/ICWA/CS after Class 12 are also eligible to apply.
Course name | Duration | Fees | Exams Accepted |
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Master of Business Administration [MBA] | 2 years | 24.50 Lakhs |