The Indian Institutes of Management (IIMs) are undoubtedly the most prestigious business schools in the country. Aspirants from all over India work hard to enrol into the IIMs because of its brand value, as well as the excellent placement records. The average salary package offered to candidates in top IIMs ranges from Rs 20-25 lakh per annum, whereas the salary packages of the newer IIMs fall between Rs 10-20 lakh per annum. The highest salary offers at the top IIMs – A, B, C have been recorded at Rs 70 lakh to Rs 1 crore as CTC. There are a total of 21 IIMs in India. To do an MBA or PGDM course from IIM, it is necessary to crack the CAT exam. There are about 5500 seats in 21 IIMs. Every year more than 2 lakh youth appear for the CAT exam, signifying the level of interest in the IIMs. Pursuing higher education at IIM is costly, with most opting for education loans. The fee structure of all the IIMs is not the same with IIM Ahmedabad being the costliest and IIM Sambalpur, being the cheapest. Here is the fees structure and average placement package of each IIM.
1- IIM Ahmedabad
Fees- Around Rs 26 lakh
Average package- Around Rs 34 lakh
2- IIM Bangalore
Fees- Around Rs 24.5 lakh
Average package- Rs 35.31 lakh
3- IIM Calcutta
Fees- Rs 25-27 lakh
Average package- around 35 lakh
4- IIM Lucknow
Fees- Rs 20-21 lakh
Average package- Rs 32.2 lakh
5- IIM Kozhikode
Fees- Around Rs 21 lakh
Average package- Rs 31 lakh
6- IIM Indore
Fees- Rs 21-23 lakh
Average package- Rs 30.21 lakh
7- IIM Shillong
Fees- Rs 22 lakh
Average package- Rs 26.96 lakh
8- IIM Rohtak
Fees- Around Rs 18.30 lakh
Average package- Rs 18.73 lakh
9- IIM Trichy
Fees- Rs 21 lakh
Average package- Rs 20.55 lakh
10- IIM Udaipur
Fees- Around Rs 20 lakh
Average package- Rs 20.32 lakh
11- IIM Ranchi
Fees- Rs 17.50 lakh
Average package- Rs 17.30 lakh
12- IIM Raipur
Fees- Around Rs 17 lakh
Average package- Rs 21.04 lakh
13- IIM Kashipur
Fees- Rs 17.30 lakh
Average package- Rs 18.10 lakh
14- IIM Nagpur
Fees- Rs 18-19 lakh
Average package- Rs 16.74 lakh
15- IIM Visakhapatnam
Fees- Around Rs 17-18 lakh
Average package- Rs 16.61 lakh
16- IIM Amritsar
Fees- Rs 15-16 lakh
Average package- Rs 16.51 lakh
17- IIM Bodhgaya
Fees- Around Rs 15.50 lakh
Average package- Rs 15 lakh
18- IIM Sambalpur
Fees- Rs 13-20 lakh (fees are different for different courses)
Average package- Rs 16.63 lakh
19- IIM Sirmaur
Fees- Around Rs 16 lakh
Average package- Rs 14.45 lakh
20- IIM Jammu
Fees- Rs 17.15 lakh
Average package- Rs 16.50 lakh
21- IIM Mumbai
Fees- Around Rs 14 lakhs
Average package- Rs 29-30 lakhs
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