The total cost of studying at IIM Lucknow depends on the program. Apart from tuition, students may have to pay admission, infrastructure, alumni membership, caution deposit, accommodation, meals, immersion and other program-specific charges.
IIM Lucknow PGP Fees 2027
IIM Lucknow offers its 2-year, full-time residential PGP, PGP-ABM and PGP-SM programs with the applicable fee structure varying by program. The total fee for PGP and PGP-ABM is INR 20.75 lakh. The fee covers tuition, infrastructure, admission, and other applicable charges. Students should also budget separately for mess and personal expenses.
IIM Lucknow PGP Fee Structure
| Fee Component |
Year 1 |
Year 2 |
| Admission Fee |
INR 1 Lakh |
- |
| Tuition Fee |
INR 6.30 Lakhs |
INR 6.30 Lakhs |
| Infrastructure Fee |
INR 3.45 Lakhs |
INR 3.45 Lakhs |
| Refundable Deposit |
INR 2,000 |
- |
| Alumni Membership |
- |
INR 5,000 |
| Total |
INR 10.95 Lakhs |
INR 9.80 Lakhs |
Note:
- The above fee is for the 2026-28 batch. IIM Lucknow has not yet released the fee for the 2027-29 batch; fees may be revised.
- PGP-SM is offered at the Noida campus
- PGP-SM includes a mandatory two-week international immersion module, for which the additional fee is charged separately.
Image Source: iiml.ac.in
As per the Reddit Discussion, users compared IIM Lucknow’s fee of around INR 21 lakh with FMS Delhi’s INR 2.5 lakh for the two-year program. The discussion also noted that FMS students may spend around INR 7-8 lakh overall after including accommodation, food and travel. Summer stipends mentioned were INR 3.34 lakh at IIM Lucknow and INR 3.42 lakh at FMS Delhi.
Image source: Reddit
IIM Lucknow PGPWE Fees 2027
PGPWE is a 2-year non-residential program for working professionals and is offered at the Noida campus. The total program fee is INR 11 lakh, excluding refundable caution money, alumni membership fees, government taxes, and international immersion expenses.
| Fee Component |
Amount |
| Total Program Fee |
INR 11,00,000 |
| Refundable Caution Money |
INR 10,000 |
| Alumni Membership Fee |
INR 5,000 |
PGPWE Payment Schedule
| Instalment |
Amount |
Payment Due |
| 1 |
INR 70,000 |
At the time of accepting the admission offer |
| 2 |
INR 1,58,000 |
Program registration in April 2027 |
| 3 |
INR 1,48,000 |
Start of Term 2 |
| 4 |
INR 1,48,000 |
Start of Term 3 |
| 5 |
INR 1,48,000 |
Start of Term 4 |
| 6 |
INR 1,48,000 |
Start of Term 5 |
| 7 |
INR 1,48,000 |
Start of Term 6 |
| 8 |
INR 1,47,000 |
Start of Term 7 |
Note: The second instalment includes refundable caution money of INR 10,000, while the final instalment includes the alumni membership fee of INR 5,000.
Additional Costs
- International Immersion: A mandatory part of the PGPWE program.
- Students must bear the expenses for visa, travel, accommodation, and academic activities separately.
- The approximate cost is INR 4.50 lakh, payable in two instalments:
- INR 2 lakh with the Term 4 fee.
- The remaining amount with the Term 5 fee.
- Lunch, Tea and Snacks: INR 6,000 per term, payable separately. The amount is subject to revision.
- Accommodation: PGPWE is a non-residential program. Campus accommodation may be available on request, subject to availability and payment at prevailing rates.
- Taxes: Government taxes are applicable as per prevailing rules.\
Image Source: iiml.ac.in
IIM Lucknow IPMX Fees 2027
IPMX (International Program in Management for Executives) is a one-year, full-time residential management program offered by IIM Lucknow for working professionals. It focuses on advanced management skills and includes an Overseas Module as part of the program.
The total program fee for IIM Lucknow IPMX 2027–28 is INR 26 lakh, excluding refundable caution money, alumni membership fee, and certain additional accommodation and international immersion-related expenses.
| Total Program Fee |
INR 26,00,000 |
| Refundable Caution Money |
INR 20,000 |
| Alumni Membership Fee |
INR 5,000 |
IPMX Payment Schedule
| Payment |
Amount |
Phase 1 |
| 1st Installment |
INR 3,00,000 |
Jan 10, 2027 |
| 2nd Installment |
INR 5,75,000 + INR 20,000 caution money + INR 5,000 alumni fee* |
2nd week of Mar 2027 |
| 3rd Installment |
INR 5,75,000 |
2nd week of May 2027 |
| 4th Installment |
INR 5,75,000 |
2nd week of Sep 2027 |
| 5th Installment |
INR 5,75,000 |
2nd week of Dec 2027 |
*Additional accommodation charges, if applicable, are payable separately.
Note: All dates marked in the institute's schedule are tentative.
Additional Costs
- International Immersion: Airfare is payable separately by students on an actual basis.
- Overseas Module: Students must bear boarding and other incidental expenses such as local transport, internet, telephone and stationery.
- Accommodation: Basic single-occupancy accommodation with a shared washroom is included
- Other accommodation options, such as rooms with attached toilets or furnished rooms with attached toilets and common kitchens, are available at additional charges.
- Refund: Withdrawal before the announced withdrawal deadline attracts an INR 30,000 processing fee, with the remaining amount refunded.
- No refund is provided after the withdrawal deadline or after classes begin.
IIM Lucknow bMBA Fees 2027
bMBA (Blended MBA) at IIM Lucknow is a two-year blended management program that combines online learning with in-person campus sessions. It is designed to provide MBA-level management education while offering flexibility for students who cannot attend a fully residential program.
IIM Lucknow's bMBA has a total fee of INR 14.95 lakh, including tuition, alumni membership, convocation, and accommodation charges.
| Fee Component |
Amount |
| Tuition Fee |
INR 14,00,000 |
| Alumni Membership Fee |
INR 5,000 |
| Convocation Fee |
INR 10,000 |
| Accommodation Fee |
INR 80,000 |
| Total Fee |
INR 14,95,000 |
Additional Costs
- Application Fee: INR 2,000 without entrance exam / INR 3,000 with entrance exam.
- Acceptance Fee: INR 50,000, payable within 15 days of selection.
- The remaining INR 13.50 lakh is payable in five instalments of INR 2.70 lakh before the start of each term.
- Tuition includes reading material and working lunch at IIM Lucknow during immersion.
- Accommodation is optional, subject to availability, and provided on a twin-sharing basis. It includes breakfast and dinner.
- Students choosing IIM Lucknow or Noida as the examination centre and availing campus accommodation during Terms 1, 3 and 5 must pay an additional INR 10,000 per term.
IIM Lucknow BS in AI & Business Analytics Fees 2027
The four-year BS in AI & Business Analytics is a fully residential UG program. The annual fee is INR 5,00,000, making the total program fee INR 20 lakh for four years. Admission is based on JEE Advanced. Merit-based fee waivers or scholarships may also be available based on JEE Advanced performance and the applicable institute rules.
IIM Lucknow PhD Fees 2027
IIM Lucknow does not charge tuition fees for its PhD program. PhD scholars also receive free semi-furnished hostel accommodation and a monthly fellowship for up to 4.5 years.
| Fee Component |
Details |
| Tuition Fee |
Waived |
| Hostel Accommodation |
Free semi-furnished accommodation |
| Fellowship - Years 1 & 2 |
INR 35,000 per month |
| Fellowship - Year 3 onwards* |
INR 40,000 per month |
| Contingency Grant - Years 1 & 2 |
INR 10,000 per year |
| Contingency Grant - Years 3 & 4 |
INR 15,000 per year |
| Computer Purchase Grant |
INR 50,000 one-time |
Note: Fellowship benefits are subject to the institute's applicable rules and eligibility conditions.
- *The INR 40,000 monthly fellowship is applicable after successful completion of the comprehensive examination.
- Application Fee: INR 1,000 for General candidates and INR 500 for SC/ST candidates.
IIM Lucknow EFPM Fees 2027
EFPM (Executive Fellow Program in Management) is a part-time, non-residential doctoral program designed for working executives, managers, teaching professionals, and researchers. The program ordinarily takes 5 years and includes coursework, a comprehensive examination, thesis research, submission, and defence.
| Category |
Total Program Fee |
| First-year non-exempted candidates |
INR 7,50,000 |
| First-year exempted candidates |
INR 5,00,000 |
Note:
- 1st-Year Exempted: The candidate does not have to study the first year because they already have the required prior management qualification and meet IIM Lucknow’s exemption conditions. They start from the second year.
- 1st-Year Non-Exempted: The candidate has to study the first year of the EFPM, including the prescribed coursework.
IIM Lucknow Fees vs IIM Kozhikode
As per the Reddit Discussion, the MBA fee at IIM Lucknow was mentioned at around INR 21 lakh, while IIM Kozhikode was estimated at around INR 20.5 lakh. The discussion suggests that the fee difference between the two institutes is relatively small, with both programs costing around INR 20 lakh.
Note: These are figures mentioned by a Reddit user and should be treated as discussion-based estimates, not official fee figures.
IIM Lucknow Scholarships 2027
IIM Lucknow offers different scholarships and financial assistance depending on the program. The key scholarship options are summarised below:
| Program |
Scholarship / Financial Assistance |
| BS in AI & Business Analytics |
Merit-based fee waiver may be considered based on JEE Advanced performance |
| PhD |
Scholars receive tuition fee exemption and free semi-furnished accommodation. The fellowship stipend is INR 35,000/month to INR 40,000/month |
| IPMX |
No scholarship is available |
| bMBA |
Students may apply for education loans from banks independently |
PGP/MBA & PGP-ABM: Need-based scholarships are offered based on family income. Students can also apply for Central and State Government scholarships. Industry-sponsored scholarships include IDFC First Bank MBA Scholarship, Aditya Birla Scholarship, OPJEMS, Class of 1993 Scholarship, Amrit Kala Dayal Scholarship for Girl Student, Central Bank of India Scholarship and Apeejay Scholarship.
Note: Scholarship availability, eligibility, and benefits may vary by program and academic year.
IIM Lucknow Fees Refund Policy
IIM Lucknow's refund rules vary across programs. Application fees are generally non-refundable, while program-fee refunds depend on the specific program and its withdrawal deadline. For example, PGPWE allows a refund after deducting a processing fee if withdrawal is made before the notified deadline, whereas no refund is provided after the deadline or after joining the program.
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Comments
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No, IIM Lucknow Noida campus does not offer the same courses as the main campus. The Noida campus focuses on programs designed for working professionals, while the main campus offers a wider range of programs including full-time options.