Getting an MBA is a great start to your career. However, many universities offer courses and it is better to take a course from a reputable institution. Especially if you are from an IIM. Since IIM is considered one of the best institutes in the country, it is only natural that it has the best faculty.
In this article, we’ll be talking about IIM MBA Eligibility, why is this university preferred, what is the IIM MBA Fee Structure, and many more.
The Master in Business Administration (MBA) is one of the most sought-after postgraduate programs at the national and international levels. The two-year Graduate Business Program (PGP) is considered the toughest MBA program in the world. This PGP course leading to a Bachelor of Business Administration (BBA) is the main course spread over six semesters.
Let's discuss some important reasons why IIM is the best choice for MBA.
Most of the IIM faculty are also consultants. These are consultants who demonstrate expertise in their field of expertise and students learn a lot on the job.
Since students have access to high-quality education, it's no wonder that top companies keep an eye on them. This is amazing in a market full of job seekers.
The better skills a student develops from learning from a popular IM make the student more valuable than other students.
Given the high academic standards and strong admissions, it is only natural that only the best students get into the IIMs. This means you will have the privilege of working with some of the best talent in the country.
Indian Institute of Management (IIM) has a total of 21 institutes all over India. Above all, IIM Ahmedabad tops the list but all the IIM MBA eligibility criteria remain the same for all the candidates, which are:
The basic IIM admission criteria is graduation with at least 50% aggregate marks or equivalent CGPA (45% for SC, ST, and PWD/DA categories).
Bachelor's degree (10+2+3 years of full-time education) or equivalent qualification in any field?
Minimum 5 years of full-time degree followed by management/professional experience as of March 31, 2024,
Valid GMAT score in IIM MBA eligibility is obtained in the last 36 months from the date of application.
With around 5,000 MBA seats across the 20 IIM campuses, more than 200,000 MBA candidates appear for the CAT exam every year. CAT 2022 about 2.55 million candidates and 2.22 million examinees appeared for the same. The IIM MBA eligibility is not a hard nut to crack but the number of candidates appearing for the seat is huge the number of seats in every IIM institute is limited, and this is where the competition begins.
All MBA dreamers want to start their careers in business and management by studying at an Indian Institute of Management (IIM). Admission to IIMs is based on the Common Admission Test (CAT), a national-level management entrance exam conducted once a year.
Let's take a closer look at all the IIM institutes around India for IIM Fees MBA 2024.
|
S.No |
IIM Campus |
IIM Fees |
|---|---|---|
| 1. |
INR 25,00,000 (inclusive of tuition fees of INR 18,19,000/-) |
|
| 2 |
INR 24,50,000 (covers the tuition, internet, library, IIM hostel fees, and other components) |
|
| 3 |
INR 31,00,000
|
|
| 4 |
INR 20,50,000 (fees may vary for every program like PGP-LSM, PGP-BL, PGP-Finance, PGP, MBA, Executive-MBA.) |
|
| 5 |
INR 20,70,000 |
|
| 6 |
INR 19,00,000 |
|
| 7 |
INR 15,92,960 (Excluding boarding charges) (includes various components such as tuition fees, medical insurance charges, students’ association fees, alumni activity, etc.) |
|
| 8 |
INR 18,25,250 (excluding fees for the international immersion program) |
|
| 9 |
INR 17,90,000 |
|
| 10 |
INR 13,07,000 |
|
| 11 |
INR 21,00,000 (fees include Library, Tuition, Case Permission Royalty, Academic Course Pack, Textbooks, Examination, and Alumni activity.) |
|
| 12 |
IIM Ranchi |
INR 17,50,000 (including tuition fees, medical insurance charges, students’ association fees, alumni activity, and related.) |
| 13 |
INR 16,00,000 |
|
| 14 |
INR 17,00,000 (fees for the PGP programs will cover tuition fees, caution deposits (refundable amount), academic charges, and room rent.) |
|
| 15 |
INR 17,15,000 |
|
| 16 |
INR 17,30,000 (fees will include Tuition, Library, IT & Computer, Books & Case Material, Hostel & Electricity, Medical & Student Activities.) |
|
| 17 |
INR 17,30,000 (fees include tuition fees, medical insurance charges, students’ association fees, alumni activity, placement fees, course material fees, and more.) |
|
| 18 |
INR 17,50,000 |
|
| 19 |
INR 21,14,222 (fees include access to lectures, computer facilities, library, etc. It has accommodation.) |
|
| 20 |
INR 18,00,000 |
IIM MBA admission criteria come along with many entrance exams like CAT, MAT, XAT, and so on, but most IIM institutes take CAT entrance exams as their admission criteria while selecting candidates. The most prestigious institutes IIM MBA fees are almost the same for major of its institutes and their cut-off list also remains at the same level.
Let’s have a look at the CAT cut-off list of all the IIM institutes all over India.
|
S.No |
IIM Institutes |
Qualifying CAT cut-offs |
Expected CAT cut-offs |
|---|---|---|---|
| 1. |
IIM Ahmedabad |
80 |
99-100 |
| 2. |
IIM Bangalore |
85 |
99-100 |
| 3. |
IIM Calcutta |
85 |
99 |
| 4. |
IIM Lucknow |
90 |
97-99 |
| 5. |
IIM Indore |
90 |
97-99 |
| 6. |
IIM Kozhikode |
85 |
97-98 |
| 7. |
IIM Trichy |
93 |
94-95 |
| 8. |
IIM Sambalpur |
93 |
95-96 |
| 9. |
IIM Nagpur |
85 |
95-96 |
| 10. |
IIM Amritsar |
85 |
95-96 |
| 11. |
IIM Raipur |
93 |
94-95 |
| 12. |
IIM Bodhgaya |
93 |
92-94 |
| 13. |
IIM Ranchi |
93 |
94-95 |
| 14. |
IIM Kashipur |
94 |
94-95 |
| 15. |
IIM Vizag |
80 |
92-94 |
| 16. |
IIM Udaipur |
93 |
92-94 |
| 17. |
IIM Shillong |
75 |
90-94 |
| 18. |
IIM Sirmaur |
93 |
90-94 |
| 19. |
IIM Rohtak |
95 |
95-97 |
| 20. |
IIM Mumbai |
85 |
90-94 |
| 21. |
IIM Jammu |
93 |
90-94 |
| 22. |
IIM Nagpur |
85 |
90-94 |
So, if you clear all your hurdles on the way to entering any IIM institute and plan to study MBA from this very prestigious university, you can surely go forward towards making your future bright. The IIM MBA eligibility criteria are easy for all those who have a strong will and hardworking spirit.
