One of the best private management schools in North India is Ramaiah Institute of Management Studies (RIMS) in Bangalore, RIMS New Delhi MBA fees structure global exposure, and high academic standards. The institute is associated with GGSIPU and offers a full-time MBA program that has been approved by AICTE. In order to plan their finances and scholarships for the 2026 intake, applicants must have a thorough understanding of the fees.
Affordability, top-notch faculty, industry exposure, and infrastructure are all balanced in the fees. In order to guarantee that worthy applicants can enrol in the program without facing financial obstacles, RIMS also provides financial aid options, installment plans, and scholarships.
Why Choose RIMS MBA Program?
- Industry Integration: Collaborations with leading industries for internships and placements.
- Experienced Faculty: A blend of academic scholars and industry practitioners.
- Infrastructure: State-of-the-art facilities including a central library, digital classrooms, and hostels.
- Location Advantage: Situated in Rourkela, a hub for steel and industrial sectors, offering ample opportunities for industry interaction.
Table 1: MBA Fee Structure
The above fees are indicative and subject to change. It’s advisable to refer to the official RIMS website or contact the admissions office for the most accurate and updated fee structure.
Fee Component | Amount (INR) |
Tuition Fee | ₹1,00,000 |
Admission Fee | ₹10,000 |
Examination Fee | ₹5,000 |
Library Fee | ₹3,000 |
Sports & Cultural Activities | ₹2,000 |
Hostel Fee (per annum) | ₹30,000 |
Mess Charges (per annum) | ₹24,000 |
Security Deposit (refundable) | ₹10,000 |
Total | ₹1,84,000 |
Table 2: Payment Schedule
The hostel and mess charges are payable separately and may vary based on the accommodation type and facilities chosen.
Installment | Due Date | Amount (INR) |
1st | At the time of admission | ₹92,000 |
2nd | After 6 months | ₹92,000 |
Table 3: Scholarships & Financial Assistance
Scholarships are awarded based on merit and availability of funds. Candidates must apply separately for scholarships.
Scholarship Type | Eligibility Criteria | Amount (INR) |
Merit-Based Scholarship | Top 10% of the class | Up to ₹20,000 |
Sports Quota | Representing the institute in state/national level sports | Up to ₹15,000 |
Economically Weaker Section (EWS) | Based on family income criteria | Up to ₹10,000 |
Table 4: Refund Policy
The refund policy is subject to the terms and conditions set by RIMS. It’s recommended to review the official refund policy document for detailed information.
Condition | Refund Percentage |
Before commencement of classes | 100% |
Within 15 days after commencement | 75% |
Within 30 days after commencement | 50% |
After 30 days | No refund |
Table 5: Additional Expenses (Optional)
These expenses are optional and vary based on individual choices and participation.
Expense Category | Estimated Amount (INR) |
Study Materials & Books | ₹5,000 – ₹10,000 |
Industrial Visits | ₹5,000 – ₹7,000 |
Workshops & Seminars | ₹3,000 – ₹5,000 |
Personal Expenses | ₹10,000 – ₹15,000 |
Table 6: Documents Required for MBA Admission
RIMS ensures transparency in verifying student credentials. Submitting all required documents early helps avoid delays during admission confirmation. Final-year students can submit provisional certificates.
Document | Purpose | Remarks |
UG Mark Sheets | Academic eligibility proof | Minimum 50% aggregate required |
Entrance Exam Scorecard | Shortlisting for admission | CAT/MAT/CMAT/NMAT/GMAT accepted |
ID Proof & Photos | Verification | Aadhaar/Passport mandatory |
Work Experience Certificate (if applicable) | Adds value to profile | Preferred for industry-ready candidates |
Table 7: Reservation & Diversity Policy
RIMS promotes inclusivity and encourages students from different backgrounds. The diverse student body enhances peer learning and aligns with modern global business standards.
Category | Seats/Relaxation | Notes |
SC/ST/OBC | As per Govt. norms | Proof required during admission |
Women Candidates | Encouraged | Strong representation in MBA batch |
International Students | Limited intake | Separate application and eligibility |
Table 8: Key Dates for MBA Admission 2026
Meeting deadlines is crucial for admission and scholarship opportunities. Early applicants have a better chance at securing scholarships and preferred GD/PI slots.
Event | Tentative Date | Remarks |
Application Window Opens | Jan 2026 | Apply online via RIMS portal |
Shortlisting Announcement | May–June 2026 | Based on entrance exam & academics |
GD/PI Rounds | June–July 2026 | Online & offline mode |
Final Admission Offer | July 2026 | Includes scholarship allocation |
Conclusion
With an emphasis on hands-on learning and industry exposure, RIMS Rourkela’s MBA program offers a thorough curriculum. The fee schedule is made to be reasonably priced without sacrificing the quality of the facilities and instruction. Prospective students are encouraged to visit the official RIMS website or contact the admissions office for the most current information and to clarify any doubts regarding fees and payment schedules.
FAQs – RIMS MBA Fee Structure 2025–26
Q1. What is the total fee for the MBA program at RIMS Rourkela?
Ans: The total fee for the MBA program is approximately ₹1,84,000, excluding optional expenses.
Q2. Are there any scholarships available for MBA students?
Ans: Yes, RIMS offers merit-based scholarships, sports quotas, and financial assistance for economically weaker sections.
Q3. Is hostel accommodation mandatory?
Ans: No, hostel accommodation is optional. Students can choose to stay off-campus if they prefer.
Q4. Can the fee be paid in installments?
Ans: Yes, the fee is payable in two installments: one at the time of admission and the second after six months.
Q5. What is the refund policy in case of withdrawal?
Ans: The refund policy varies based on the timing of withdrawal. Please refer to the official refund policy document for detailed information.
Q6. Are there any additional expenses apart from the tuition fee?
Ans: Yes, there may be additional expenses for study materials, industrial visits, workshops, and personal expenses, which are optional.
Q7. Is financial assistance available for students from economically weaker sections?
Ans: Yes, RIMS provides financial assistance to students from economically weaker sections based on family income criteria.
My Career Mantra
“Pursuing an MBA at RIMS is more than just a degree—it’s a launchpad for leadership. Focus on excelling in academics, building industry-ready skills, participating in workshops, and strengthening your communication and teamwork to shine during GD/PI and beyond.”
Suggested Internal Links
- RIMS MBA Admission 2026
- RIMS Placement Report 2026
- Top MBA Colleges in Delhi 2026
- Best MBA Specializations in India 2026
- RIMS Hostel & Facilities Overview 2026
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