IIM Ranchi MBA Fees 2025: Indian Institute of Management Ranchi has officially released the fee structure for its MBA, MBA-HR, and MBA-BA programs for the 2025–27 batch. The total academic fee is ₹19.20 lakh, excluding mess expenses. The fee includes tuition, caution deposit, and alumni charges, payable in six terms. An initial acceptance fee of ₹1,10,000 is required during admission, which is adjusted against the first-term tuition. Mess expenses of ₹28,350 per term are additional and may be revised. IIM Ranchi also offers scholarships and educational loan assistance. Clear financial planning is important for managing both academic and living expenses. This blog presents a full breakdown of term-wise fees, hostel costs, scholarship options, and the financial commitment involved over two years.
IIM Ranchi MBA Fee Structure
The academic fee for MBA, MBA-HR, and MBA-BA is divided over six terms.
| Fee Component | Term I | Term II | Term III | Term IV | Term V | Term VI | Total (₹) |
| Tuition Fee | ₹3,15,000 | ₹3,15,000 | ₹3,15,000 | ₹3,15,000 | ₹3,15,000 | ₹3,15,000 | ₹18,90,000 |
| Caution Deposit | ₹20,000 | – | – | – | – | – | ₹20,000 |
| Alumni Fee | ₹10,000 | – | – | – | – | – | ₹10,000 |
| Term Total | ₹3,45,000 | ₹3,15,000 | ₹3,15,000 | ₹3,15,000 | ₹3,15,000 | ₹3,15,000 | ₹19,20,000 |
Acceptance fee of ₹1,10,000 is part of Term I tuition. Caution deposit is refundable upon program completion, after settling dues.
Also Read, IIM Ranchi Selection Criteria 2025, Download Brochure PDF
IIM Ranchi MBA Tuition Fees
Tuition remains constant from Term II to Term VI. The initial acceptance fee paid during admission is adjusted in Term I.
| Term | Tuition Fee (₹) |
| Term I | ₹3,15,000 |
| Term II | ₹3,15,000 |
| Term III | ₹3,15,000 |
| Term IV | ₹3,15,000 |
| Term V | ₹3,15,000 |
| Term VI | ₹3,15,000 |
| Total | ₹18,90,000 |
The tuition fee is ₹3,15,000 per term. An initial acceptance payment of ₹1,10,000 is adjusted against Term I tuition.
Also Read, IIM Ranchi Cut Off 2025, Category-wise Previous Year Cut Off's
IIM Ranchi Executive MBA Fees
The Executive MBA (PGEXP) is offered in a hybrid format and is ideal for experienced professionals.
| Component | Amount (₹) |
| Total Program Fee | ₹12,50,000 |
| Duration | 2 Years |
| Mode of Delivery | Online + On-Campus |
| Payment Method | Installments |
The Executive MBA allows professionals to pursue advanced learning without leaving employment. Installments make the fee more manageable.
Also Read, IIM Ranchi Results 2025 OUT, Merit List, Waitlist Movement
IIM Ranchi Hostel Fees
Hostel fees vary based on room type and facilities but remain an essential part of total cost estimation.
| Component | Per Term (₹) | Total (6 Terms) |
| Hostel Rent | ₹30,000 (approx.) | ₹1,80,000 |
| Utilities & Maintenance | ₹5,000 (approx.) | ₹30,000 |
| Total | ₹35,000 (est.) | ₹2,10,000 |
The hostel charges include rent and basic utilities. The total two-year cost averages around ₹2.1 lakh, paid term-wise.
Also Read, IIM Ranchi Waitlist Movement 2025, Category-wise Analysis
IIM Ranchi Mess Charges
Mess expenses are mandatory and fixed at ₹28,350 per term, subject to revision based on inflation or food pricing.
| Term | Mess Charges (₹) |
| Term I | ₹28,350 |
| Term II | ₹28,350 |
| Term III | ₹28,350 |
| Term IV | ₹28,350 |
| Term V | ₹28,350 |
| Term VI | ₹28,350 |
| Total | ₹1,70,100 |
Students must pay mess fees at the beginning of each term. Revisions may occur during the course duration.
IIM Ranchi Scholarship
The institute supports deserving candidates through merit and need-based financial aid.
| Scholarship Type | Key Features |
| Merit-cum-Means | Up to 25 scholarships annually |
| Reserved Category Aid | Based on SC/ST/EWS/PwD criteria |
| Income-Based Support | For low-income backgrounds |
| Education Loan Guidance | Assistance under the Vidyalakshmi scheme |
Scholarships support inclusivity and access. Students must apply with the necessary documents to be eligible for financial aid.
IIM Ranchi MBA Fees for International Students
International students usually pay similar tuition and hostel charges. Some administrative fees may be higher.
| Component | Amount (₹) |
| Academic Fee | ₹19,20,000 |
| Hostel & Mess | ₹3,80,100 |
| Administrative Charges | Variable |
| Estimated Total | ₹23,50,000+ |
The total cost for international students is comparable to domestic students, with minor administrative additions.
IIM Ranchi MBA Total Estimated Cost
A comprehensive look at all two-year costs, including tuition, hostel, mess, and personal expenses.
| Cost Head | Amount (₹) |
| Academic Fee | ₹19,20,000 |
| Hostel & Utilities | ₹2,10,000 |
| Mess Charges | ₹1,70,100 |
| Other Living Expenses | ₹1,00,000 (approx.) |
| Total Estimate | ₹24,00,100+ |
The total cost for two years of an MBA at IIM Ranchi is around ₹24 lakh. Actual costs vary based on lifestyle and choices.
IIM Ranchi MBA Fees 2025: Conclusion
IIM Ranchi offers a top MBA program with a fee of ₹19.2 lakh for the 2025-27 batch, covering tuition, hostel, and mess charges. Additional expenses bring the total to about ₹24 lakh. Scholarships and financial aid options are available to help manage costs. With flexible payment plans and strong student support, IIM Ranchi is a great choice for aspiring business leaders.
