Answer
Across the 20 IIMs with an official total fee figure, the range is ₹17.90 lakh to ₹27.50 lakh, with most institutes clustering between ₹19.50 lakh and ₹23.50 lakh. A reasonable planning figure for a newer IIM is ₹21 lakh, and for an older IIM ₹26 lakh, before mess and personal expenses.
Question
What is the average IIM MBA fee?