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Indian Institute of Management Calcutta

(IIM Calcutta)
Kolkata, West Bengal IIM Government | Est. 1961
4.7
UGC Approved NAAC A++ AACSB Accredited EQUIS Accredited

Last Updated: Jul 31, 2026

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Established

1961

Campus Size

135.00 Acres

Total Students

1,100

Faculty

120

Student-Faculty

9:1

IIM Calcutta Fee Structure 2025-27

IIM Calcutta's PGP (MBA) programme has a total fee of ₹27,00,000 for the 2025-27 batch - an 8% increase from the previous batch. IIMC is the second-most-expensive IIM for PGP after IIMA. With an average CTC of ₹34.23 LPA and a highest domestic package of ₹1.45 Crore, the investment delivers a payback period of approximately 9 months.

Programme-wise Fee Structure

ProgrammeDurationTotal Fee (2025-27)Previous BatchChange
PGP (2-Year MBA)2 Years₹27,00,000₹25,00,000+8%
PGPEX / MBAEx (1-Year Executive)1 Year₹33,50,000--
PhD / FPM4-5 YearsNIL (Fully Funded)NIL-

PGP Fee Breakdown

ComponentAmount
Tuition, Hostel, Mess, LibraryBundled in total fee
Computer Facilities & UtilitiesIncluded
Alumni Activities & Medical InsuranceIncluded
Caution Deposit (Refundable)₹20,000
Payment Schedule4 equal semester-wise installments
Total Programme Fee₹27,00,000

Scholarships & Fee Waivers

Need-Based Aid: Up to 100% tuition fee waiver for families with annual income up to ₹6,00,000. Typical waivers range from 30% to 50%; 100% waiver in exceptional circumstances.

Named Scholarships:

  • Aditya Birla Scholarship - merit-based
  • OP Jindal Engineering & Management Scholarship
  • T. Thomas (HUL) Scholarship
  • Ratan Tata Trust Scholarship
  • Institute's Financial Aid Fund

SC/ST/OBC: Government-sponsored scholarships at central and state levels covering tuition partially or fully.

PhD/FPM: Fully funded - ₹42,000-₹50,000/month stipend + HRA (₹10,000 single / ₹15,000 married) + up to ₹1,05,000 development grant (Year 1) + ₹75,000 field research fund + teaching assistantship (₹42,000/course).

Education Loans

Education loans up to ₹50 Lakhs are available collateral-free from SBI, CBI, PNB, and other nationalised banks. IIMC's Triple Crown accreditation and strong placement record (100%, ₹34.23 LPA avg) ensure favourable loan terms with interest rates of 8.15%-9.50% p.a.

Return on Investment (ROI)

With a PGP fee of ₹27.00L and an average CTC of ₹34.23 LPA, the payback period is approximately 9 months. The top 5% average of ₹73.09 LPA and top 25% average of ₹48.13 LPA demonstrate significant upside potential. IIMC's finance specialisation graduates often achieve significantly higher ROI.

Fee Comparison - Top 5 IIMs

IIMPGP FeeExecutive MBA FeeAvg CTCPayback Period
IIM Calcutta₹27.00 L₹33.50 L₹34.23 LPA~9 months
IIM Ahmedabad₹27.50 L₹35.00 L₹35.22 LPA~9 months
IIM Bangalore₹26.00-26.30 L₹33.71 L₹34.88 LPA~9 months
IIM Lucknow₹20.75 L₹26.00 L₹32.30 LPA~8 months
IIM Kozhikode₹20.50 L₹14-16 L₹28.18 LPA~9 months

Fees Structure at IIM Calcutta

Lowest Fees

₹250,000

Highest Fees

₹3,100,000

Courses with Fees

3

Course Duration Total Fees (Approx) Fee Breakdown

MBA

Full Time
2 Years ₹2,700,000 -

Executive MBA

Part Time
1 Years ₹3,100,000 -

PhD

Full Time
5 Years ₹250,000 -

Frequently Asked Questions - IIM Calcutta Fees

Q: What is the total fee for IIM Calcutta PGP (MBA)?

The total PGP fee for the 2025-27 batch is ₹27,00,000 (₹27 Lakhs), an 8% increase from ₹25,00,000 (previous batch). This includes tuition, hostel, mess, library, computer facilities, alumni activities, medical insurance, and utilities. A refundable caution deposit of ₹20,000 is also required.

Q: Is IIM Calcutta more expensive than IIM Bangalore?

Yes. IIMC PGP (₹27.00L) is approximately ₹70,000-₹1,00,000 more expensive than IIMB (₹26.00-26.30L). However, IIMC includes mess charges in the fee while IIMB charges them separately (₹30,000/term). The effective difference is smaller when all costs are considered.

Q: What scholarships does IIM Calcutta offer?

IIMC offers need-based aid (up to 100% tuition waiver for income ≤₹6L/year), named scholarships (Aditya Birla, OP Jindal, T. Thomas HUL, Ratan Tata Trust), and SC/ST/OBC government scholarships. PhD students receive generous funding: ₹42,000-₹50,000/month stipend + HRA + development grants + teaching assistantship income.

Q: What is the PGPEX fee at IIM Calcutta?

The PGPEX/MBAEx (1-year executive MBA) fee is ₹33,50,000 (non-refundable). Payment is spread across installments: ₹2,00,000 commitment fee, ₹10,50,000 by March, ₹60,000 security deposit, and ₹10,50,000 by November. This includes accommodation and economy airfare for the immersion module.

Q: How is IIM Calcutta PhD funded?

IIMC PhD/FPM is one of the most generous in India: ₹42,000-₹50,000/month stipend + ₹10,000-₹15,000/month HRA + up to ₹1,05,000 development grant (Year 1) + ₹35,000/year in subsequent years + ₹75,000 field research fund + ₹42,000 per course for teaching assistantship. Total annual support can exceed ₹8 Lakhs.

Q: What is the ROI of IIM Calcutta MBA?

With a fee of ₹27L and an average CTC of ₹34.23 LPA, the payback is ~9 months. The top 5% earn ₹73.09 LPA on average, and the top 25% earn ₹48.13 LPA - both providing exceptional ROI. Finance-focused graduates at IIMC often achieve the highest individual packages among all IIMs.

Disclaimer: Fee structures listed for IIM Calcutta including tuition, hostel and other charges are compiled from publicly available sources and are subject to revision each academic year. Actual fees may vary by programme and category. Confirm current fee details on the official IIM Calcutta website before making any financial decisions.