CAT 2019 online application process is going on at present on iimcat.ac.in. CAT is the mandatory qualifying examination for admission to top management institutes of the country – Indian Institute of Management or IIMs. Every year about 2 lakh candidates appear for the Common Admission Test, CAT examination for a chance to get a set in one of the IIMs. There are a total of 20 IIMs. The fee structure for all vary depending on the individual criteria as set by the IIMs.
As the top colleges for pursuing MBA, IIMs guarantee not only the very best in education but also a leg up in finding the best job opportunities – both in India and abroad. Many are aware of the high packages that IIM students get – but what is the cost of studying MBA in IIM? Here’s a quick look at the fee structure of IIMs post graduate program.
|Fees (in Rs.’ lakhs)
|IIM Bodh Gaya
Given the high fees, many experts counter that the ROI or return on investment for IIMs is rather low. With an average package of about 12 – 16 lakhs per annum for most of the top IIMs, the ROI is relatively on the lower side in comparison to the university run MBA colleges. Some other top private MBA colleges have a better ROI as compared to the IIMs.
What is important to note, however, is that the top packages of tier 2 MBA colleges would match to average packages for the IIMs. Also, the quality of education as well as the job opportunities that IIMs promise cannot be compared as such to the other colleges.
*The information provided for the fees here is as per the fee structure for 2019-21 batch as shared on official websites. Some have been revised while others have not been revised as yet. Candidates are advised to check the respective websites for the break-up of the fees. Also, the fee mentioned is for the two year MBA program. The candidates are again advised to note that the fee structure for 2020-22 batch is not available at present and the figures provided are for reference only. The date would be revised once released by respective IIMs.