Indian Institute of Management (IIMN) Courses & Fee Structure

For the two-year MBA, IIM Nagpur’s official fee page currently lists a total programme fee of ₹21,00,000 for the 2026-28 batch. It says the ₹1,00,000 offer-acceptance payment is adjusted against the Term I fee, with term fees paid online. This is dated 2026-28 information, not a confirmed price for the next batch. The linked fee schedule could not be opened in our browser check, so exact term instalments and inclusions remain unverified. Check IIM Nagpur’s official fee page before budgeting for a later intake.

What the published fee does and does not tell you

IIM Nagpur calls ₹21 lakh the total fee for MBA 2026-28. The readable page does not break that figure into individual term payments or list which living, travel or immersion costs are included. It links a detailed fee structure PDF, but the link returned a 403 access response during this review; I have not estimated the missing rows or assumed they are zero. The fee page therefore supports the batch total and acceptance payment, but not a complete cost-of-attendance calculation.

For the published batch, the ₹1 lakh offer-acceptance payment is credited toward Term I, rather than described as an extra amount on top of the total. The remaining offer and term fees are to be paid online through a payment link shared with candidates. The page does not provide a term-wise schedule in its readable text, so use the institute’s actual offer letter and fee schedule for payment due dates and exact instalments.

Do not reuse ₹21 lakh as the price for MBA 2027-29. The source names 2026-28, and the next batch’s fee is not established by that page. Before accepting an offer, ask the admissions office for the new batch’s total, payment calendar, refundable caution deposit, and the treatment of accommodation, food, immersion travel, insurance or other charges. The accessible fee page does not settle these inclusions.

How the two-year MBA is structured

The official curriculum page describes the MBA as a full-time programme with three terms in each year. The first year is organised around compulsory courses. IIM Nagpur’s published Term 1 list includes Business Statistics, Marketing Management, Managerial Economics, Financial Reporting and Analysis, Organisational Behaviour, Indian Ethos and Business Ethics, Managerial Communication and Professional Management Practice. The page lists 19 credits for each of the first three terms, a useful guide to the intensity of the core year rather than a promise that every future batch will have an identical course list.

The same curriculum page shows a broader mix in Term 2, including Business Analytics, Macroeconomics, Corporate Finance, Organisational Analysis and Design, Entrepreneurship, and communication and professional-practice courses. Term 3 includes Digital Transformation and Management Information Systems, Business Research Methods, Operations Management, Management Accounting, Strategic Management, Corporate Governance, CSR and Sustainability, and Legal Aspects of Business. This progression gives applicants a concrete sense of the quantitative, financial, operational and organisational work in the core curriculum.

In the second year, students select electives over Terms 4, 5 and 6. The published page sets a 40-credit minimum and 42-credit maximum across those terms and says at least 30 credits must be completed by the end of Term 5. The elective menu spans areas such as finance, marketing, decision science, economics, operations, human resources and strategy. IIM Nagpur cautions that elective offerings may change each academic year. If you are comparing a particular specialisation or course, confirm it in the current batch’s timetable rather than relying on a past list.

The curriculum also names a six-credit field immersion module assessed on an audit basis and a summer internship after the first year. These elements add time and planning commitments beyond classroom terms. The page does not attach separate charges to them in the text reviewed here, so applicants should verify whether related travel or living expenses sit inside the applicable batch fee.

Scholarships and borrowing are separate from the fee total

The official fee page lists an IIM Nagpur Merit Scholarship for the top ten CAT scorers with at least the 95th percentile and an IIM Nagpur Need-cum-Merit Scholarship for candidates whose family income is below ₹8 lakh. It says 20 students are to be awarded, split between ten merit and ten need-cum-merit awards, through an internal process during the first year; selected candidates receive a tuition-fee waiver for the two-year programme. The page also says the scholarship policy will be released once the academic year begins. Since these terms are not tied there to MBA 2027-29, treat them as the institute’s currently listed scheme description and verify the next batch’s rules, application process and availability before subtracting a waiver from your budget.

The same page lists government and state scholarship links and education-loan information. It points to the Government of India’s PM-Vidyalaxmi portal for eligible admitted students seeking education loans. IIM Nagpur states that loan arrangements are between the student and the bank; the institute provides fee details and a bonafide certificate, rather than arranging a loan for the student. A loan may help spread payment, but it does not reduce the published fee or guarantee approval.

A practical budget checklist

Use ₹21 lakh only as the official 2026-28 reference total. Add no speculative estimate for a later batch. Before committing, get the next batch’s written fee circular and check: the total programme amount; the Term I amount after the credited acceptance payment; later term due dates; refundable caution deposit; hostel and meal charges; any immersion, insurance or travel costs; and refund rules if you withdraw. Ask whether scholarship selection occurs only after joining, whether tuition waiver covers all terms, and whether any award is conditional on maintaining performance or income records.

For course comparison, review the official MBA curriculum alongside the next batch’s schedule. It shows a compulsory first year, elective choices in the second year, a field-immersion module and a summer internship, while also warning that electives can change. The official pages support a useful picture of programme structure and the 2026-28 fee basis; they do not yet confirm a 2027-29 fee amount or its detailed cost components. Keep those two questions open until the institute publishes batch-specific documents.