FORE School of Management PGDM Admissions 2025
Applications Deadline - 31st January 2025 | AICTE Approved | Ranked #53 by NIRF 2024 | Highest CTC: 70 LPA | Avg. CTC: 16.01 LPA
IIT MBA fees 2025 are comparatively lower than those of IIMs, which makes IITs a lucrative option for many candidates to pursue an MBA course. IIT MBA fees 2025 come to around Rs. 8 lakhs to Rs. 14 lakhs. The MBA from IITs allows them to acquire an aspired post-graduate program like an MBA from the finest academic institutions in the country for a much more affordable price. It often saves them from the financial stress that many aspirants find themselves in after completing their MBA from premier, expensive IIMs. Out of 23 IITs, 8 IITs offer MBA programs across various specialisations through their management departments.
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All the 8 IITs offer varying fee structures for their respective MBA programs. The sections below briefly explain each one of them: Take a look below the IIT MBA fees structure 2025 based on the last year fees.
The IIT MBA fee structure for IIT Kharagpur is divided into four different parts to be paid by the students. Almost every expense gets covered within the fee structure. Here’s a detailed breakup of the IIT MBA fee structure for IIT Kharagpur.
Description | Fees at the time of admission (2024-26) Semester 1 (in Rs) | Semester Fees for (2024-26) batch students, Semester 2 (in Rs) | Semester Fees for (2024-26) batch students, Semester 3 (in Rs) | Semester Fees for (2024-26) batch students, Semester 4 (in Rs) |
A) Caution money and Deposits | ||||
Institute | 1000 | |||
Library | 1000 | |||
Hostel | 4000 | |||
Total A | 6000 | |||
B) One-time fee | ||||
Statutory Fee | 1500 | |||
Alumni Subscription | 2000 | |||
Medical examination | 200 | |||
Student’s welfare fund | 300 | |||
Modernisation fee | 700 | |||
Training and Placement fee | 1500 | |||
Hostel admission fee | 1000 | |||
Hall budget | 1000 | |||
International Immersion Program | 100000 | |||
Total B | 1,08,200 | |||
C) Semester Fee | ||||
Tuition Fee | 2,50,000 | 2,50,000 | 2,50,000 | 2,50,000 |
Registration | 400 | 400 | 400 | 400 |
Examination | 500 | 500 | 500 | 500 |
Student Amenities | 800 | 800 | 800 | 800 |
Internet Connectivity | 600 | 600 | 600 | 600 |
Gymkhana | 600 | 600 | 600 | 600 |
Technology Film Society | 100 | 100 | 100 | 100 |
Medical Registration | 200 | 200 | 200 | 200 |
Laboratory | 800 | 800 | 800 | 800 |
Hostel seat rent | 750 | 750 | 750 | 750 |
Electricity and water charges | 1000 | 1000 | 1000 | 1000 |
Total C | 2,55,750 | 2,55,750 | 2,55,750 | 2,55,750 |
D) Hostel Charges | ||||
Mess Advance | 14,500 | 14,500 | 14,500 | 14,500 |
Hall establishment charge | 20,130 | 20,130 | 20,130 | 20,130 |
Hostel Overhead Charge | 970 | 970 | 970 | 970 |
Total D | 35,600 | 35,600 | 35,600 | 35,600 |
E) Student’s brotherhood fund (yearly) | 200 | 200 | ||
F) Insurance premium (yearly) | 2500 | 2500 | ||
Grand Total | 4,08,250 | 2,91,350 | 2,94,050 | 2,91,350 |
* Tuition Fee waived for SC/ST/PWD students
**plus GST, if applicable. Refundable if the student does not avail of the International Immersion Programme.
NOTE: The above fees are subject to revision from time to time.
Also Read: IIM vs IIT MBA: Which one to choose?
IIT MBA Fees for the 2-year MBA program at IIT Bombay is Rs 14.02 Lakhs. The institute also provides financing options like loans at attractive rates of interest.
| Fee Components / Applicable programmes | For Group-I Admission Category | For Group-II Admission Category | For SC/ST/PWD Category | For Institute Staff category | Non Specified Group |
| Non-Refundable fees + Refundable Deposits + Semester fees | 41350 | 83350 | 23350 | 15100 | |
| For Batch 2024 (New entrants) | 181400 | ||||
Masters in Development Practice (MDP) Only Tuition Fees per semester is applicable | 150000 |
The fee structure for MBA at IIT Jodhpur is divided into four components with two groups one being unreserved, EWS, OBC, and the other being SC, ST, and PWD. Here’s an overview of the IIT MBA fees structure for IIT Jodhpur.
Semester | Particulars | Amount (Rs) | |
Unreserved, EWS and OBC | SC, ST, and PWD | ||
I | Tuition Fee | 1,50,000 | Nil |
Semester Fee* | 17,100 | 17,100 | |
Student Development Fee (One Time)** | 50,000 | 50,000 | |
Refundable Deposits (One-time) | 8,000 | 8,000 | |
Admission Fee (One Time) | 3,300 | 3,300 | |
Total Fee to be paid on or before 15th June 2020 | 2,28,400 | 78,400 | |
II | Tuition Fee | 2,00,000 | Nil |
Semester Fee* | 17,100 | 17,100 | |
Total Fee to be paid before the beginning of 2nd Semester | 2,17,100 | 17,100 | |
III | Tuition Fee | 2,00,000 | Nil |
Semester Fee* | 17,100 | 17,100 | |
Total Fee to be paid before the beginning of 3rd Semester | 2,17,100 | 17,100 | |
IV | Tuition Fee | 2,00,000 | Nil |
Semester Fee* | 17,100 | 17,100 | |
Total Fee to be paid before the beginning of 4th Semester | 2,17,100 | 17,100 | |
TOTAL | 8,79,700 | 1,29,700 | |
* Semester Fee is an institute overhead that would include expenses such as Infrastructure, Medical, Student Activity, Academic, and Library charges.
** Student Development Fee will be primarily used by the students in the MBA-related enhancement activities (Global field visits, Placement & Cultural activities).
Hostel & Dining Fee (in INR) (For Hostellers)
Applications Deadline - 31st January 2025 | AICTE Approved | Ranked #53 by NIRF 2024 | Highest CTC: 70 LPA | Avg. CTC: 16.01 LPA
Applications Deadline - 25th January 2025 | Average CTC 12.02 LPA | Highest CTC 20.38 LPA | Median CTC 12.48 LPA
Scholarship
The following scholarship schemes will be applicable in the fee structure for the MBA Admission 2025.
The MBA Admission Application processing fee is non-refundable at IIT Delhi. The institute allows fee concession and waiver for SC/ST and PWD candidates. The below sections explain in detail the IIT MBA fees for IIT Delhi.
IIT Kanpur has fee breakup for General+OBC, SC/ST/PH, Sponsored/Part-time and foreign nationals. The fees is inclusive of hostel and mess charges for all the different candidates. The table below gives an overview of the IIT MBA fees structure for IIT Kanpur.
General+OBC | 1,08,685 | 84,075 | 83,325 |
SC/ST/PH | 38,685 | 14,075 | 13,325 |
Sponsored/Part-time | 1,08,685 | 84,075 | 83,325 |
Foreign Nationals | US $ as per MOU + INR 38,685 | US $ as per MOU + INR 14,075 | US $ as per MOU + INR 13,325 |
Those PG students who have a valid GATE score or have qualified in a recognized National level test, such as CSIR/UGC, NET, INSPIRE, NBHM etc. may, in addition to the tuition fee waiver, be provided Institute Assistantship at the rates applicable to the Indian students, on the recommendation of the selection committee and approval of the Director.
For Foreign students, fees will be charged in US as per the MOU signed between the Institute and their respective country. Other Foreign national students will pay U$1000 as a tuition fee.
IIT Madras has different fee structures for hostellers and day scholars pursuing an MBA from the institute. The below table explains the fee breakdown for the IIT MBA fees structure for IIT Madras. It also incorporates the fee changes before and after the academic year 2017-18.
Details | HOSTELLER | DAY SCHOLAR | ||
2017 & before | 2018 onwards | 2017 & before | 2018 onwards | |
Hostel Admission Fee | Rs 250 | Rs 250 | - | - |
Advance Dinning Charges * | Rs 14115 | Rs 14115 | - | - |
Establishment – A Charges | Rs 5000 | Rs 6000 | Rs 5000 | Rs 6000 |
Establishment – B Charges | Rs 1500 | Rs 1500 | - | - |
Gymkhana Fee (Extra curricular Activities) | Rs 1500 | Rs 1500 | Rs 1500 | Rs 1500 |
Total | Rs 22365 | Rs 23365 | Rs 6500 | Rs 7500 |
Students availing bank loans only can obtain a demand draft drawn as per the following details:
Demand Draft Details | Institute Fees | Hostel Fees |
In Favour of | The Registrar Indian Institute of Technology Madras | The Chairman, Council of Wardens Indian Institute of Technology Madras |
Payable at | Chennai | Chennai |
Proof of payment to be submitted | The Joint Registrar (Acad.) Academic Section, IV Floor IIT Madras campus | The Chairman, Council of Wardens Office of the Hostel Management, IIT Madras campus |
IIT Dhanbad has a fee breakup for all four semesters. It does have special concessions for candidates hailing from SC/ST communities. The table gives a detailed break up of the IIT MBA fees structure for IIT Dhanbad.
Name of the semester | Tuition fees applicable for Gen/EWS/OBC | Tuition fees applicable for Gen/EWS/OBC/SC/ST/PWD | Mess fees applicable for Gen/OBC/SC/ST/PWD | Total fees applicable for Gen/EWS/OBC | Tuition fees applicable for SC/ST/PWD |
Monsoon semester i.e First Semester | Rs 75,000 | Rs 31,850 | Rs 18,000 | Rs 1,24,850 | Rs 49,850 |
For the subsequent winter semester | Rs 75,000 | Rs 8,400 | Rs 18,000 | Rs 1,01,400 | Rs 26,400 |
For subsequent Monsoon Semester | Rs 75,000 | Rs 18,450 | Rs 18,000 | Rs 1,11,450 | Rs 36,450 |
First-year students at IIT Roorkee have to pay a fee in the name of one time payment at the time of admission. All other fee related details for IIT MBA fees structure for IIT Roorkee are provided in the table below.
Particulars | MBA 1st year Autumn semester (Rs) | MBA 1st year Spring semester (Rs) | MBA 2nd year Spring semester (Rs) | MBA 2nd year Spring semester (Rs) |
Semester Fees (To be paid every semester) | 1,18,050 | 1,18,050 | 1,18,050 | 1,18,050 |
One Time payment at the time of admission | 6000 | 0 | 0 | 0 |
Deposits (refundable) | 3000 | 0 | 0 | 0 |
Mess Charges | 26,250 | 20,250 | 20,250 | 20,250 |
Total (Gen/OBC) (Residing) | 2,53,300 | 2,38,300 | 2,38,300 | 2,38,300 |
Total (SC/ST/PD) (Residing) | 1,53,300 | 1,38,300 | 1,38,300 | 1,38,300 |
Total (Gen/OBC) (Non-Residing) | 2,19,550 | 2,10,550 | 2,10,550 | 2,10,550 |
Total (SC/ST/PD) (Non-Residing) | 1,19,550 | 1,10,550 | 1,10,550 | 1,10,550 |
Note: Tuition fee is not charged for SC/ST/PD candidates
Also Know: IIT MBA Placements
| MBA Department in IITs | 2 Years MBA Fees in IITs | Average Package | MBA Seats in IITs |
| IIT Delhi | Rs 12.00 Lakhs | Rs 25.82 LPA | 115 |
| IIT Bombay | Rs 15.00 Lakhs | Rs 28.01 LPA | 152 |
| IIT Madras | Rs 11.14 Lakhs | Rs 16.93 LPA | 100 |
| IIT Kharagpur | Rs 12.85 Lakhs | Rs 20.83 LPA | 200 |
| IIT Kanpur | Rs 6.00 Lakhs | Rs 18.14 LPA | 78 |
| IIT Roorkee | Rs 9.68 Lakhs | Rs 18.30 LPA | 95 |
Frequently Asked Questions (FAQs)
IITs are the top-ranked educational institutions in the country. An MBA from IIT is a great choice to unleash your career potential.
All the 8 IITs offering MBA are considered to be good. Based on NIRF rankings IIT Delhi is ranked the best among other IITs with a rank 5.
A CAT percentile of 90 and above is considered good for IITs.
On Question asked by student community
Hello,
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Hello aspirant,
A timetable is essential if you are preparing for the CAT in addition to your college coursework. It will give you an idea of how long it will take you to finish your syllabus and then set aside the appropriate amount of time for revision and mock exams.
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To get into any of the top IIMs, such as IIM Ahmedabad, Bangalore, Calcutta, Lucknow, Kozhikode, or Indore, a good percentile in CAT is required, although academics play a vital role too. Let's break it down below:
CAT Score: 98+ percentile is an excellent score and makes one
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