IITM BS Management and Data Science Fees: Rs 3.82 to 4.46 Lakh

The IITM BS in Management and Data Science (MG) costs Rs 3,82,000 to Rs 4,46,000 for the full degree, before any waiver. The foundation level costs Rs 48,000, the diploma level Rs 1,80,000, and the BS level Rs 1,54,000 to Rs 2,18,000 depending on your electives. You pay only for the courses you register for each term, and SC, ST, PwD, EWS and OBC-NCL students can get 50% or 75% off.

MG fees level by level

This is the fee table on the official MG academics page, with running totals added.

That is 142 credits in all. A 4-credit foundation course costs Rs 6,000. At the diploma level, a 4-credit course costs Rs 12,000 and a 2-credit project Rs 6,000.

The diploma level has two parts

The Rs 1,80,000 covers two blocks of courses:

You can leave with the Diploma in Data Analytics for Business after 68 credits (the foundation plus the first block). By then you have paid Rs 1,56,000. To move on to the BS level you must finish both blocks, 92 credits in all, with a CGPA of at least 6.0 overall and 7.0 in projects, within 15 terms.

Why the BS level is a range

The BS level has 50 credits: 6 core courses (24 credits) and 26 credits of electives. Both are charged at Rs 3,000 or Rs 5,000 a credit, so your total depends on which courses you take.

Two things on the page are worth checking:

• The "BS Degree Level" box on the same page shows only Rs 66,000 to Rs 1,30,000. That is the electives figure alone. With the Rs 88,000 core added, the full BS level is Rs 1,54,000 to Rs 2,18,000.
• 26 elective credits at the lower Rs 3,000 rate would be Rs 78,000, not Rs 66,000. The page does not show how the lower figure is reached, so ask support-mg@study.iitm.ac.in (opens in a new tab) before you plan on Rs 3,82,000.

MG and Data Science fees side by side

The totals are almost the same: MG is Rs 4,000 lower at both ends. MG costs more at the diploma level and less at the degree level. For the full DS breakdown, see the Data Science fee structure. For a wider comparison, read Data Science vs Management and Data Science.

Fee waivers for MG

The MG page calls its waiver table "Institution Fee Advance".

With 50% off, the full degree comes to Rs 1,91,000 to Rs 2,23,000. With 75% off, it is Rs 95,500 to Rs 1,11,500. You need the family income certificate when you join, not when you apply. At the diploma and degree levels, a nominal fee may be charged for extra document checks, and no amount is given. Full rules are in the fee waiver guide.

Other MG charges

• Application fee: Rs 4,000 for General and OBC, Rs 2,000 for SC, ST or PwD, and Rs 1,000 for SC or ST applicants who are also PwD.
• End term exam only, after missing it: Rs 1,000 for a foundation course and Rs 2,000 for a diploma or degree course.
• Repeat for improvement: double the normal course fee, says the MG FAQ.

If you are switching from Data Science

The DS to MG switch FAQs say your credits reset to 16. Only Maths 1, Stats 1, Computational Thinking and English 1 carry over, and you then take the other four MG foundation courses. Other DS courses go on a separate transcript and do not count toward MG. The FAQs quote the same Rs 3,82,000 to Rs 4,46,000 range but do not say which rate applies to students who joined DS on the older fees. Ask support before you switch.

Common questions

Is the MG fee cheaper than Data Science?

Only a little. The full BS is Rs 3,82,000 to Rs 4,46,000 in MG and Rs 3,86,000 to Rs 4,50,000 in DS for students joining from January 2026. The foundation fee is the same Rs 48,000.

How much does the first year of MG cost?

It depends on how many courses you take. Each foundation course is Rs 6,000, so all 8 cost Rs 48,000. See IITM BS fees per year.

Can I get a loan for MG?

The MG FAQ says banks may offer education loans for the programme, and that the programme provides the supporting documents needed for the loan application. It does not name a bank.

Do the fee waivers apply to MG students outside India?

The MG fee section does not repeat that note, but the other IITM BS fee pages say waivers do not apply to students outside India. Check with support-mg@study.iitm.ac.in (opens in a new tab) if you live abroad.