IIM Indore Courses & Fees 2026

Indore, Madhya PradeshAutonomous UniversityEstd 1996
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Vaibhav Kumar Singh

Content Strategist | Updated 3+ months ago

IIM Indore offers MBA as its flagship program as a fully residential program with total fees of INR 21.16 Lakhs. The details about the fees of the popular courses at IIM Indore are tabulated below-

Course Total Fees (INR) Average Package Miscellaneous Fees (INR)
PGP (MBA) 21.16 Lakhs INR 29.57 LPA,
ROI: ~139%
Caution Deposit: 50K (refundable),
Alumni: 10K (one-time).
IPM (5-year) 38.30 Lakhs INR 29.57 LPA,
ROI: ~77.20%
Caution: 50K (refundable),
Alumni: 10K (one-time)
PGP-HRM 18.42 Lakhs INR 25 LPA,
ROI: ~135%
Caution: 50K (refundable),
Alumni: 10K (one-time)
EPGP 26.76 Lakhs INR 27.50 LPA,
ROI: ~102%
Caution: 20K (refundable),
No Alumni fee

*Notes

  • Total fees include tuition, hostel, and mess; payable in instalments.
  • For the Executive MBA course, candidates have to pay INR 1 lakh as a commitment fee after selection to confirm admission.

Read More: IIM Indore IPM Course Brochure


Table of Content

  1. IIM Indore MBA Fees 2026
  2. IIM Indore IPM Fees 2026
  3. IIM Indore Executive MBA Fees 2026
  4. IIM Indore Scholarships 2026
  5. IIM Indore FAQs

IIM Indore MBA Fees 2026

The fees for MBA course offered at the institute in the academic session 2025-2026 range from INR (21.15 - 31.15) Lakhs for the entire duration. IIM Indore MBA Detailed fee structure is as follows:

Fee Type Amount
Tuition Fee  INR 20 Lakhs – INR 30 Lakhs
Total Fee INR 21.15 Lakhs - INR 31.15 Lakhs

MBA Fees for Indian Candidates admitted through CAT

Total Program Cost (2 Years): ₹ 21.16 Lakhs

  • Course/Tuition Fee: ₹ 20 Lakhs.
    Year 1 (2025-26): ₹10 Lakhs.
    Year 2 (2026-27): ₹10 Lakhs.
  • Alumni Fee (one-time): ₹11,800 (Paid in Installment 4, includes ₹1,800 GST @18%)
  • Refundable Caution Deposit (one-time): ₹50,000 (Paid in Instalment 1; refunded after program completion minus dues/mediclaim)
  • Mess Deposit (one-time, adjustable): ₹54,000 (₹18,000 × 3 in Year 1; adjusted against actual mess bills).

*Note: Mediclaim insurance policy charges will be based on actuals and will be deducted from the caution deposit.

MBA Fees for NRI/Foreign National students through GMAT/SAT

  • Total Program Cost: ₹31.16 Lakhs
  • Course/Tuition Fee (2 years): ₹30 Lakhs 
    Year 1 (2025-26): ₹15 Lakhs.
    Year 2 (2026-27): ₹15 Lakhs
  • Alumni Fee (one-time + 18% GST): ₹11,800
  • Refundable Caution Deposit: ₹50,000
  • Mess Deposit (adjustable): ₹54,000 (paid in three instalments).

*The caution deposit will be refundable upon completion of the course, after deducting the Mediclaim insurance policy premium and any other applicable dues.

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IIM Indore IPM Fees 2026

The fees for IPM  course offered at the institute is INR 38.30 Lakhs for the entire duration. IIM Indore IPM Detailed fee structure is as follows:

  • Total First 3 Years (2025-28): ≈ ₹28.29 Lakhs
  • Years 4-5 (PGP phase): Same as 2-year MBA (≈ ₹21.17 Lakhs)

Year-wise Breakdown

  • IPM Year 1 (2025-26): ₹ 9.76 Lakhs.
    Term-I: ₹6.05 Lakhs (incl. ₹ 50K caution + ₹54K mess deposit).
    Term-II: ₹1.89 Lakhs.
    Term-III: ₹1.83 Lakhs.
  • IPM Year 2 (2026-27): ₹ 9.26 Lakhs
    Term-I: ₹5.55 Lakhs
    Term-II: ₹1.89 Lakhs
    Term-III: ₹1.83 Lakhs
  • IPM Year 3 (2027-28): ₹9.06 Lakhs (same as Year 2)

Components Included

  • Course fee: ₹5L (Term-I) + ₹1.7L + ₹1.65L per year
  • Medical insurance: ~₹679 per term
  • Refundable caution deposit: ₹50,000 (one-time)
  • Mess deposit: ₹54,000 + ₹18,000/term (adjustable)
  • Hostel, library, IT, materials fully covered

*Note: 

  • Course fee for the fourth and fifth year is equal to PGP fees
  • Medical insurance premium is approximate and payable yearly.
  • Refundable deposit is paid once at the time of admission.
  • Mess deposit is charged per year in installments.

See what Nookala Akshara, a student of IPM (2024) Course at IIM Indore, has to say about fees and financial aid available at the institute

In her words: “The yearwise fee for the first three years is 6LPA including hostel, mess and cautionary fee. And for the 4th and 5th year, the standard MBA fees apply. All in all, by the end of 5th year you can expect a few of 50L for all the 5 years with miscellaneous expenses”. Read More

IIM Indore Executive MBA Fees 2026

The Executive MBA program fees for the academic session 2025-2026  range from INR 26.78 Lakhs to INR 39.96 Lakhs for the entire duration, with tuition fees of INR 26.40 Lakhs - INR 39.60 Lakhs.  Detailed fee structure for Executive MBA  is as follows:

Fee Type Amount
Tuition Fee INR (26.40-39.60) Lakhs
Total Fee INR( 26.76 – 39.96) Lakhs

IIM Indore Executive MBA Fees

*Note: The fee includes tuition, course material, access to library facilities, network/computer charges, lodging and boarding, and alumni membership fee. All expenses towards International travel, visa, passport, lodging and boarding (international), etc. would have to be borne by the candidate. Expenses towards academic input (international) are included in the fee.

IIM Indore Fees for Other Courses 2026

IIM Indore fees for other PG, Doctorate, and Certificate courses are as follows.

Course Eligibility Fees (2025) Fees (2024)
EDP Graduation INR 1.05 Lakhs INR 99,000 - INR 6 Lakhs
M.M.S Graduation INR 1.05 Lakhs INR 14 Lakhs
GHPP Graduation INR 1.05 Lakhs -
FDP Graduation INR 1.05 Lakhs INR 88,500
Certification Diploma INR 2.06 Lakhs -
PG Certificate Graduation INR 2.4 Lakhs - 3.5 Lakhs -
IPBA Graduation INR 2.4 Lakhs - 3.5 Lakhs -
Executive Programme Diploma INR 2 Lakhs - 3 Lakhs -
Ph.D INR 15 Lakhs -

IIM Indore Scholarship 2026

IIM Indore offers scholarships for its students. Students can avail following scholarships during their academic years. The scholarships for UG and PG are mentioned below.

Scholarship Name Eligibility Criteria Amount Offered Application Deadlines
Need-Based Financial Aid (NBFA) Family income <₹12 Lakh/year; PGP/IPM student; verified docs + interview Up to 100% tuition waiver Post-admission, ~Sep 15 annually
Merit-cum-Need Award NBFA recipient + top 25% of batch + CGPA ≥8.0 Up to 100% tuition (1–2 awards) Post-admission, ~Sep 15 annually
Merit Scholarship Top 20 first-year students (CGPA-based) + test/interview Partial/full tuition (1–2 awards) Post-admission, ~Sep 15 annually
Aditya Birla Group Scholarship Merit-based; open to PGP/IPM; SOP + interview ₹50,000 per year Post-admission; ~Oct 31 annually
IDFC FIRST Bank Scholarship Need-based; full-time MBA/PGP students Varies (partial tuition) Post-admission, ~Nov 15 annually
Eicher Scholarship Merit/need; PGP/IPM ₹50,000 (one award) Post-admission;,~Oct 31 annually
OP Jindal Engineering & Management Scholarship Merit + need; open to PGP/IPM Up to ₹1 Lakh Post-admission, ~Nov 15 annually
Central Sector Scholarship (SC/ST) SC/ST category + income <₹8 Lakh (SC)/₹4.5 Lakh (ST); via NSP portal Up to ₹50,000/year Jul 31 - Oct 31 annually (NSP)
Post-Matric Scholarship (OBC/SC/ST) Reserved category + income limits; via NSP portal ₹20,000–₹50,000/year Jul 31 - Oct 31 annually (NSP)
Merit-cum-Means (Minorities) Minority community + family income <₹2.5 Lakh; via NSP Up to ₹30,000/year Jul 31 - Oct 31 annually (NSP)

*Notes:

  • All require no backlog, ≥75% attendance.
  • Institute scholarships: Apply via PGP Office.
  • Govt schemes: Via scholarships.gov.in.

IIM Indore Courses & Fees FAQs

Ques. What is the fees and eligibility criteria for IPM at IIM Indore?

Ans. For admission to the IPM course offered at IIM Indore, candidates need to have passed 10+2 with at least 70% marks. Admission to the course is based on the score in the entrance exam IPMAT, followed by a Personal Interview. The  fees for IPM course at IIM Indore is INR 35.65 Lakhs. This includes tuition fees of INR 35 Lakhs.

Ques. What is the fees and eligibility criteria for the Executive MBA at IIM Indore?

Ans. The candidates need to have passed a bachelor’s degree with at least 50% marks. They should have at least 5 years of work experience after a bachelor’s degree. The Executive MBA fees at IIM Indore is INR 26.76 Lakhs for Indian Candidates and 39.96 for Foreign Candidates. The fees is for the entire duration of the academic year 2025.

Ques. What is the fees and eligibility criteria for MBA course at IIM Indore?

Ans. For admission to MBA course at IIM Indore, candidates need to have passed a bachelor’s degree with at least 50% marks. The candidates need to have a minimum CAT percentile in order to be shortlisted for further admission process.  The total cost to pursue MBA at IIM Indore is INR 21.15 Lakhs for Indian Candidates and INR 31.15 Lakhs for NRI/Foreign candidates. The fees include tuition fees, mess charges, alumni fees, and refundable deposit.

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IIM Indore Integrated Programme in Management [IPM]: Students' Opinion

  • Integrated Programme in Management [IPM]
  • PGPM Human Resources
  • PGPM General

AI-Generated Summary based on 17 Reviews

Fees at the Indian Institute of Management for the Integrated Programme in Management (IPM) consist of different components over the course of five years. The first three undergraduate years incur a tuition fee of approximately 5- 6 lakh per year, while the subsequent two years, aligning with the postgraduate program, increase to 10- 12 lakh per year. The total estimated cost for completion of the IPM program is 40- 50 lakh.

Additionally, there is a refundable security deposit of 50,000, and a mess fee of 50,000 per year. The institute offers need-based financial assistance for families with an annual income of less than 12 lakh, which covers the interest on educational loans. About 20% of the batch typically qualifies for this assistance. Furthermore, private, public, and state-backed scholarships are available, providing financial relief to eligible students. The total scholarship coverage varies, with some scholarships offering amounts from 40,000 per year to complete tuition fee waivers.

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IIM Indore: 9 Answered Questions

Why is there an integrated course of BBA MBA in IIM Indore only?

Bhaskar Das
Darryl ThomasStudied at Indian Institute of Management Indore

At present, IIM Indore is not the only IIM that offers BBA + MBA courses. IIM Indore and IIM Rohtak have been offering the five-year integrated course in MBA for undergraduate students for a few years now.

In 2021, IIM Ranchi, IIM Jammu, and IIM Bodh Gaya also introduced IPM degree courses for students after Class 12. 

The Five Year Integrated Programme in Management (IPM), is a unique program that aims to meet the aspirations of young students to become management professionals. Admission to this program is done through the JIPMAT entrance exam followed by Written Ability Test (WAT) and Personal Interview (PI).

Some more benefits of the course include: 

  • You can save time and money by combining both undergraduate and postgraduate courses.
  • The program builds commercial and management skills for a successful management career.
  • You will learn marketing, finance, operations, strategy, and entrepreneurship.
  • The competitive program requires a written test, personal interview, and academic record.
  • Employers value the program,and alumni work for top Indian and international firms.
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Which are the top branded institutes/colleges/university in India like IIM Indore IPM for doing dual courses of BBA+MBA after 12th Commerce?

Rohini Mishra
Vihaan SharmaIPM from Indian Institute of Management Rohtak (Graduated 2022)

IPM is a five-year integrated management program that combines either a BBA or BMS with an MBA. Students who want to pursue careers in management and leadership after completing their XIIth or higher secondary education can register for these courses. Only students who are certain of their goals and who are interested in management should enroll in this integrated course because, over the course of five years, they will only learn about business management and how to become the ideal manager.
These integrated programs are unique in that they offer dual degree programs as well. A second entrance exam is not required in order to enroll in a graduate program. To enroll in the course, there is only one entrance exam.
The following list includes some of the top IPM colleges in India along with information on how to apply.

  • IIM Indore launched the IPM program in 2011 for young students who wanted to go into management or leadership after finishing their XII classes. The program's learning objectives are broken down into the first three years of the bachelor's program, and the following two years will follow the PG program's curriculum.
  • IIM Rohtak launched the IPM program in 2019 and was successful in quickly filling 150 seats.

IPMAT is the entrance exam for IPM (as opposed to IPMAT for IIMI), and it has a different exam format and scoring system than IIM I. Following WAT and Interviews at designated IIM R locations, the second round is conducted.

  • The oldest existing university is Mumbai University, which is situated in Mumbai, Maharashtra (1857). With 60 seats available for the course, it offers an integrated management program that divides the first three years into a BMS degree and the final two years into an MBA degree.
  • Following the 12th grade, Jindal Global Business School has developed this innovative and distinctive course of an integrated program that includes BBA(Hons)+MBA and lasts for five years. It is a course that equips students with a global outlook through a special approach to learning and communication. 
Choosing a college wisely has become increasingly important, so students should not only pay attention to the college's physical facilities but also to the curriculum it will use for their semesters. This provides students with a clear picture of the courses they will be taking at that specific college. One thing to keep in mind when reviewing the curriculum is that UG courses shouldn't be repeated in PG courses because this would lessen the integrity of the courses and allow students to observe evolution in them.

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What should I prefer, IPM IIM Indore or a B.Tech from IIT/NIT?

Jason JoseIIT Kanpur

For admission to its five-year course, IPM, IIM Indore administers the IPMAT aptitude test (Integrated Program in Management). IIM Indore offers IPM as a dual degree program (bachelor's + master's) for students who have completed the 12th grade. It is a program that enables entry into an IIM immediately following the 12th grade.

IIM offers a much better compensation package than any IIT or NIT. With the exception of a select few, the number of engineers in this group increased significantly.

Consider the following factors before choosing a college:

When it comes to partnerships with businesses and foreign institutions, IIM is the best. This greatly aids a college's growth and ability to improve its placements, ranking, and access to education abroad. 

One of the most significant social influences today is brand, which has an impact on those in your immediate vicinity. IIM Indore has recorded a 6% increase in average salary, which has increased to Rs. 25.01 lakhs per annum in placement 2022 from Rs. 23.6 lakhs per annum last year. The average salary of the top 100 students in the batch has also increased, to Rs. 37.95 LPA from Rs. 33 LPA last year. In Placement 2022, the highest salary was Rs. 49 LPA, compared to Rs. 41.5 LPA the previous year.

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Is IIM Indore’s Integrated Program in Business Analytics any good?

Atul Yadav
Gourav RajProject Manager at OpenText (company) (2016–present)

Choosing a Data Science Program is a difficult task because the market is flooded with these courses. All of the programs are in collaboration with prestigious universities.

The program includes a fantastic combination of IIM Indore. That, however, is no longer a challenge. The best part about Jigsaw is that they always have a listening ear—they are eager to learn about the challenges of the students and are resolved with the same responsibility. Every issue will be addressed and resolved.

The course is good; the more time you spend on it, the more knowledge you will gain. you will never be crippled with content as Jigsaw is having a pretty decent quality of content and is very easy to follow.

All weekend classes will be recorded and made available to you if you want to review the material. The course will walk you through the statistical methodologies and tools used by data scientists for data analysis and modeling.

You have both graded and non-graded assignments. Non-graded for practice and graded for completion of the course. The more you practice, the more confident you will become. You will complete a mini capstone and a capstone project to gain hands-on experience.

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Which course is better: MBA Tech from NMIMS or IPM from IIM Indore?

Sounak Banerjee
Shruti MishraLives in Mumbai, Maharashtra, India

IIM Indore IPM is a better option than an MBA Tech from NMIMS. Being an IIM, it offers better exposure. The academics, faculties, and infrastructure are top-notch. IIM Indore IPM placements have been pretty good over the last few years. According to the recent placement drive, students received an average CTC of INR 22 LPA. 

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Do we need to prepare CAT for the IPM course of IIM Indore?

Barkha TanejaStudied MBA Marketing & Sales, Indian Institute of Management Indore (2010)

For the IPM course of IIM Indore, there is a particular IPM paper that takes place for admission. The format of the paper has changed over the past 3 years. CAT and the IPM exam conducted by the IIM Indore are both different. The format of the IPM paper is as follows:

  • 40 Questions - MCQ Type - 40 minutes (Quantitative Ability) 
  • 20 Questions - Short Answer Type - 40 minutes (Quantitative Ability) 
  • 40 Questions - MCQ - 40 minutes (Verbal Ability) 

Although both CAT and IPM exams are different, the format of both of them is the same. Some short answer-type questions are not MCQ type and are slightly different. Although the maths section is higher than the other section in the exam due to the short answer-type questions, the difficulty level would not be much. The cut-off for Quantitative Ability of the IPM exam is nearly 25-30%, therefore you need to go through a lot of Advanced Mathematics and should practice the CAT level mathematics well. According to the marking scheme, Each correct answer is +4 in the exam, and for the wrong answer, there is -1. This negative marking scheme is not applicable for the short answer questions. 

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Is IIM Indore doing right by adding courses after courses like IPM, Mumbai Campus and now PGP-HRM?

Swati RajStudied at Indian Institute of Management Indore

Courses like IPM and PGP-HRM are bold, outstanding, and pathbreaking. It took great hard work for the decision-makers to start these courses. However, the amount of success for these completely depends upon the intention.

The real question would be, “Why IPM? Why Mumbai Campus? And why opting for HRM course?”. If the answer to all of these questions is “Money” then whether IIM Indore is doing right or not will depend on the number of admissions, fees, and the ROI.

If the answer to your question is “for a good career”, then the success completely depends upon the faculty, facilities, and placements. Even if the intentions are considered to be good, most government bodies do not take the lead and act from the front. 

It is very confusing to say if the students are too ignorant to believe what they see or if the institutions are providing incorrect information

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What are the UG courses in IIM Indore?

Aarogya TiwariStudied at IIM Indore (2019)

You will have a plethora of combinations to choose from. Let me tell you about some of your options:

  • You can think of joining streams like business & management, IT & Software banking, Finance & Insurance, Mass Media, Communication as well as Health Sciences if they pique your fancy.
  • There are a lot of MBA, PGDM, and certificate courses you can enroll into.
  • When it comes to mode of study, you can choose between full-time, part-time, online as well as in class.
  • Your specializations can range from healthcare management, business analytics, investment banking, human resources right up to project management.

So you can pick and choose between a lot of options and see what meets your interest and choose a career path accordingly. 

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Is a 4-year tri city BBA course of SPJ better than a 5-year IPM at IIM Indore?

Charu MalikStudied at Integrated Programme in Management, IIM Indore (2021)

IPM does not offer a BBA degree but you will receive a BA degree for your undergrad coursework (Foundations in Management). The subjects taught at the undergraduate level are vastly different from those taught in any other BBA program. Any decision based on an assumption about the IPM curriculum can land you in big trouble.

Returning to the question, I'm not familiar with the specifics of the four-year Tri-City programme, but I'm sure it entails a lot of learning from an institute like SPJ. 

  • Having said that, IPM and the aforementioned course can be compared on the same scale.
  • Two degrees from IIM Indore (one of which is the regular MBA that other PGP participants are entitled to) is an incredible value that cannot be matched by any other BBA programme in the country. 
  • Other benefits include the environment and opportunities that come with being a student at an IIM.

Comparisons can be made when other IIMs launch courses similar to IPM, which does not appear to be happening anytime soon. Until then, IPM would be a clear winner in terms of undergrad management education. 

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