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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: Jun 08, 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: MBA and Executive Programmes

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.