The fees of IIM Bangalore’s BSc in Economics or Data Science is ₹8.5 lakhs per year, which includes the academic and hostel fees.
The Indian Institute of Management Bangalore (IIMB), one of India’s most prestigious management institutions, has officially entered undergraduate education with two flagship programmes:
- BSc (Honours) in Economics
- BSc (Honours) in Data Science and Applications
Both are four-year, fully residential programmes designed to deliver world-class learning in economics, data, and business. But before you apply, one crucial question arises: how much does it cost to study at IIM Bangalore?
This comprehensive guide breaks down the fees, scholarships, admission timeline, and smart budgeting tips for the 2025–26 academic year.
IIM Bangalore BSc Fees 2026
| Program | Annual Fees |
| BSc in Economics | ₹8.5 lakhs |
| BSc in Data Science | ₹8.5 lakhs |
IIM Bangalore BSc Data Science Fee Structure
If you’re passionate about AI, analytics, and data-driven innovation, the BSc (Honours) in Data Science and Applications is a powerful launchpad for your career.
Here’s how the fee structure looks for the BSc in Data Science and Applications:
| Component | Details |
| Annual Fee (Years 1–2) | ₹8.5 lakh per year |
| Duration | 4 years (3-year exit option) |
| Includes | Tuition, hostel accommodation, examination fees, and campus access |
| Additional Costs | Mess charges ₹8,000–₹10,000/month (approx.), books, laptop, personal expenses |
| Scholarships | Need-based financial aid through IIMB |
| Estimated Total (4 Years) | ₹36–₹38 lakh (approx.) |
Tip: The fee may be slightly revised from Year 3 onward. It’s best to plan for a 5–7% annual increase.
Explore more topics for IIM Bangalore here:
IIM Bangalore BSc Economics Fee Structure
The BSc (Honours) in Economics at IIM Bangalore blends economics, mathematics, and business for students aspiring to careers in analytics, policy, or research.
Here’s the complete cost breakdown:
| Component | Details |
| Annual Fee (Years 1–2) | ₹8.5 lakh per year |
| Includes | Tuition, hostel, campus facilities, and exam charges |
| Additional Expenses | Food and personal costs (~₹8,000–₹10,000/month) |
| Fee Revision | Slight increase expected from Year 3 |
| Scholarships | Need-based financial aid; merit-based may be introduced later |
| Estimated Total (4 Years) | ₹36–₹38 lakh (approx.) |
About IIM Bangalore’s BSc Programs
IIM Bangalore’s entry into undergraduate education marks a new chapter in India’s higher education. From 2026–27, the institute will offer two four-year residential BSc (Honours) programmes in Economics and Data Science.
These programmes blend IIMB’s management expertise with research-driven, interdisciplinary learning to build strong analytical and entrepreneurial skills. With an initial intake of 40 students per course, classes will be held at the new Jigani campus, designed to provide a world-class academic and residential experience.
IIM Bangalore UG Programme Structure 2025–26
Both degrees are four-year honours programmes aligned with the National Education Policy (NEP) 2020, offering a flexible three-year exit option for a BA/BSc (Pass) degree.
Key Highlights
- Degree Duration: 4 years (3-year exit option available)
- Intake per Major: 40 students
- First Batch: August 2026
- Application Window: 3rd week of October – 20 November 2025
- Entrance Test: 13 December 2025
- Mandatory Subject: Mathematics in Class XII
Scholarships on IIM Bangalore BSc Fees
IIMB ensures that finances never prevent deserving students from pursuing their education. The institute provides need-based financial aid and plans to add merit-based scholarships for outstanding academic performers.
Need-Based Financial Aid
- Students can apply for financial aid based on family income.
- The institute assesses household income, assets, and dependents to determine eligibility.
- Aid typically covers a percentage of tuition and residential fees.
Merit-Based Scholarships
- To be introduced in later years for outstanding academic performers.
- May also include awards for leadership, research excellence, or social impact.
Other Funding Options
- Education loans from IIMB’s partnered banks at preferential rates.
- National-level scholarships such as NSP and Inspire, as well as state government schemes, can also be availed.
Timeline for IIM Bangalore BSc Fee Payment
| Stage | Key Date |
| Applications Open | 3rd week of October 2025 |
| Application Deadline | 20 November 2025 |
| IIMB UG Admission Test | 13 December 2025 (Saturday) |
| Interviews | 22–31 January 2026 |
| Admission Offer Release | 28 February 2026 |
| Fee Payment (1st Installment) | March 2026 |
| Batch Commences | August 2026 |
Smart Ways to Manage IIM Bangalore BSc Fees
Studying at IIM Bangalore is a significant investment, but with smart planning, you can manage expenses effectively.
Apply Early for Financial Aid
Keep your income and financial documents ready before the results are released to fast-track aid approval.
Use Education Loans Strategically
Opt for loans with low interest rates and moratorium periods, so repayment starts only after graduation.
Budget for Living Expenses
Plan around ₹1–1.2 lakh per year for food, transport, and personal needs. Track your spending and use student discounts where possible.
Leverage Campus Resources
Make the most of IIMB’s library and digital materials instead of buying new books; most resources are easily accessible on campus.
Why IIM Bangalore BSc Fee is Worth It?
World-Class Education
Learn from top IIMB faculty and global researchers through a rigorous, industry-aligned curriculum that builds strong analytical and leadership skills.
Small Cohort Advantage
With just 40 students per major, you get personalized mentorship, close faculty interaction, and a collaborative learning environment.
Cutting-Edge Curriculum
The programmes integrate economics, data, and business with real-world projects, preparing you for dynamic global careers.
Career Flexibility
Graduates can pursue roles in consulting, analytics, finance, or policy, or continue their higher studies at top global universities.
Long-Term ROI
An IIM Bangalore degree offers lasting value, boosting career prospects, global recognition, and future academic opportunities.
FAQs About Fees of IIM Bangalore BSc
The estimated total cost is ₹36–₹38 lakh for four years, including tuition, hostel, and campus fees.
Yes, IIMB offers need-based financial aid and plans to introduce merit-based scholarships soon.
The first batch starts in August 2026, with admissions in late 2025.
Typically, fees are payable annually before the start of each academic year. Education loan options can help with instalment payments.
Yes, a minor revision (around 5–7%) may occur from Year 3 onward, as per IIMB’s policy.
Yes, several banks offer student-friendly loans in partnership with IIMB.
At present, the structure applies uniformly to Indian students.
Mess and personal expenses are around ₹8,000–₹10,000 per month.
