IIM Indore Fees 2027 for various courses start from INR 54,000 (For MDP) to INR 45.28 Lakhs (For IPM) for the entire course duration. The top courses of IIM Indore are IPM, EPGP, PGPM, PGPM.
- IIM Indore offers 22 courses in various streams like Management, Science, Commerce, and Education.
- The fees for IPM at IIM Indore are INR 45.28 Lakhs, while for the EPGP the fees are INR 26.77 Lakhs
- The total fees for other top courses like PGPM and Ph.D are INR 25.16 Lakhs and INR 83,415 - INR 15 Lakhs
- Prominent courses at IIM Indore include IPM, EPGP, PGPM, and Ph.D.
Go through the following article for the detailed fee structure for various courses offered at IIM Indore.
IIM Indore Courses and Fees 2027
The below-mentioned table shows various courses offered along with their latest fee structure. The most popular courses at IIM Indore are IPM having fees of INR 45.28 Lakhs, and EPGP having fees of INR 26.77 Lakhs for the complete course cycle.
| Course |
Total Fees (INR) |
| IPM |
INR 45.28 Lakhs |
| EPGP |
INR 26.77 Lakhs |
| PGPM |
INR 25.16 Lakhs |
| Ph.D |
INR 83,415 - INR 15 Lakhs |
| IPBA |
INR 3.78 Lakhs |
| MDP |
INR 54,000 |
| M.M.S |
INR 14 Lakhs |
| FDP |
INR 88,500 |
IIM Indore Fees Comparison With Previous Year
The below-mentioned table shows the comparison of IIM Indore fees 2027 with the previous year, 2025. The average fees of IIM Indore in 2027 increased by INR 3.03 Lakhs as compared to 2025.
Check the table below to know about the fees increase for various courses YoY.
| Course |
2027 Fees |
2026 Fees |
Fees Verdict |
| IPM |
INR 45.28 Lakhs |
INR 35.65 Lakhs - INR 37.8 Lakhs |
increased |
| EPGP |
INR 26.77 Lakhs |
INR 2.4 Lakhs - INR 22.12 Lakhs |
increased |
| PGPM |
INR 25.16 Lakhs |
INR 18.42 Lakhs - INR 21.17 Lakhs |
increased |
| Ph.D |
INR 83,415 - INR 15 Lakhs |
INR 9.8 Lakhs - INR 15 Lakhs |
decreased |
| IPBA |
INR 3.78 Lakhs |
INR 99,000 - INR 5.9 Lakhs |
increased |
| MDP |
INR 54,000 |
INR 60,000 |
decreased |
| M.M.S |
INR 14 Lakhs |
INR 14 Lakhs |
remained same |
To estimate your admission chances, check the latest IIM Indore Cutoff trends across categories.
IIM Indore IPM Fees 2027
IPM at IIM Indore is the most popular 5-year integrated program, with a seat intake of around 150 seats. The Fees for IPM are INR 45.28 Lakhs. The course eligibility required for admission in IPM is 10+2 + IPMAT.
Quick Highlights
| Parameter |
Details |
| Duration |
5 years |
| Seat Intake |
150 seats |
| Total Fees |
INR 45.28 Lakhs |
| Eligibility |
10+2 + IPMAT |
| Application Fee |
INR 4,130 |
Fee Trend: IPM fees have increased compared to last year, up from INR 35.65 Lakhs – 37.8 Lakhs in 2025 to INR 45.28 Lakhs in 2027, one of the steepest hikes among IIM Indore's courses this year.
Refer to the official IIM Indore IPM Admission Procedure for eligibility, selection stages (Aptitude Test + Personal Interview), and application fee details. [Download PDF]
IIM Indore Students’ Reddit Review
According to the Reddit Review: An IIM Indore student shared that the faculty largely lives up to its reputation, describing most professors as knowledgeable and genuinely approachable. According to the student, the first two years are academically intense, covering math, statistics, economics, and humanities, while the third year opens up with faculty-led electives, including a generative AI course run by the IPM Chair and an outdoor trek option in Uttarakhand. The student noted the programme's grading is relatively challenging, and cautioned that students who aren't academically inclined may find it difficult to keep up.
Source: Reddit
IIM Indore EPGP Fees 2027
EPGP at IIM Indore is a 1-year program. EPGP fees are INR 26.77 Lakhs. The course eligibility required for admission in EPGP is Graduation with 50% + GMAT.
Quick Highlights
| Parameter |
Details |
| Duration |
1 year |
| Total Fees |
INR 26.77 Lakhs |
| Eligibility |
Graduation with 50% + GMAT |
| Application Fee |
INR 2,500 – 10,030 |
Fee Trend: EPGP fees have also risen this year, from INR 2.4 Lakhs – 22.12 Lakhs in 2025 to INR 26.77 Lakhs in 2027 with an increase of up to INR 5.65 Lakhs at the top end, depending on the specialization chosen.
IIM Indore PGPM Fees 2027
PGPM at IIM Indore is a 2-year PG program offered in 1 specialization. The Fees for PGPM are INR 25.16 Lakhs. The course eligibility required for admission in PGPM is Graduation with 50% + CAT.
Quick Highlights
| Parameter |
Details |
| Duration |
2 years |
| Total Fees |
INR 25.16 Lakhs |
| Eligibility |
Graduation with 50% + CAT |
| Application Fee |
INR 8,500 |
IIM Indore PGPM fees for General Candidates
General candidates applying for PGPM at IIM Indore are required to pay INR 25.16 Lakhs. This cost includes the following components:
| Fee Component |
Amount (INR) |
| Tuition Fee |
24 Lakhs |
| Caution Fee (Refundable) |
50,000 |
| Alumni Fee |
11,800 |
| Total |
25.16 Lakhs |
IIM Indore PGPM fees for NRI Candidates
NRI candidates applying for PGPM at IIM Indore must pay INR 37.16 Lakhs. This cost includes the following components:
| Fee Component |
Amount (INR) |
| Tuition Fee |
36 Lakhs |
| Caution Fee (Refundable) |
50,000 |
| Alumni Fee |
11,800 |
| Total |
37.16 Lakhs |
IIM Indore Application Fees
Students willing to take admission at IIM Indore are required to pay an amount as application fees at the time of admission for booking their seat in that course. The details of application fees for some of the top courses are as follows:
| Course |
Application Fee (INR) |
| IPM |
INR 4,130 |
| EPGP |
INR 2,500 – INR 10,030 |
| PGPM |
INR 8,500 |
| Ph.D |
INR 1,000 |
| Executive Doctoral Programme |
INR 3.540 |
| IPBA |
INR 15,000 |
| PG Certificate |
INR 10,000 |
| Ex-PGDM |
INR 10,000 |
For the full application timeline and process, see the detailed IIM Indore Admission 2027 guide
IIM Indore Refund Policy
IIM Indore follows refund guidelines in line with regulatory norms applicable to management institutes. The refund of fees depends on the timing of withdrawal and the institute's official admission schedule.
Generally, refunds are processed based on how early a student cancels their admission. A portion of the fee may be deducted as processing or administrative charges. The refundable Caution Fee is returned as per program-specific terms upon course completion or eligible withdrawal.
Important Points regarding IIM Indore's refund policy:
- Refund eligibility depends on the withdrawal date and institute rules
- A processing/administrative fee may be deducted from the refundable amount
- The Caution Fee is refundable subject to program terms and conditions
- Refunds are usually processed within a few weeks after approval
- Students must refer to the official IIM Indore refund policy for exact details
IIM Indore Scholarship & Financial Aid
IIM Indore offers a variety of scholarships for meritorious students, helping reduce the overall cost of education and making fees more affordable. Students can avail these scholarships to manage their total course fees within a comfortable budget. The university, along with the government, provides multiple financial aid options. Some of the top government IIM Indore scholarships for students are listed below:
| Scholarship Scheme |
Eligibility |
Amount |
| Need-Based Financial Assistance |
PGP, IPM, or PGPH students with family income less than INR 12 Lakhs per annum |
Financial assistance based on Family income |
| Central Sector Scholarship |
Students from the ST category |
Tuition Fee waiver |
|
Industry-Sponsored Merit Scholarships
|
Merit Based |
INR 50,000 - INR 1.50 Lakhs |
Popular Colleges Compared With IIM Indore
Students willing to take admission in IIM Indore can also check the following options, which are quite good like IIM Indore, and offer the same or nearly the same quality.
IIM Indore Courses and Fees FAQs
Ques. Is there any financial assistance at IIM Indore based on family income?
Ans. Yes, IIM Indore offers Need-Based Financial Assistance (NBFA) to those students whose family income is less than INR 9 lakh per annum, in addition to merit scholarships
Ques. Does the total course fee at IIM Indore have hostel and mess fees included?
Ans. IIM Indore generally covers hostel accommodation, mess charges, and access to other campus facilities in all the courses; however, it may vary by program. Students can confirm the final fees before admission.
Ques. Can I pay the fees in installments at IIM Indore?
Ans. Students at IIM Indore genrally uses education loan facility because of the institute’s credibility with lenders. The institute also allows fees payment that can be made in a set number of installments.
Ques. Is there an increase in the fees every year at IIM Indore?
Ans. Yes, according to the past year’s data, IIM Indore programs have seen increases in the fees in 2027 as compared to 2026. The fees are further subject to revision in the upcoming academic session.
Ques. What are the other options apart from IIM Indore where students can look?
Ans. Other top options apart from IIM Indore include FMS Delhi, SPJIMR, MDI Gurgaon.
Ques. Is IIM Indore a good option to apply to? How are the placements at IIM Indore
Ans. IIM Indore is a great option with good ROI. It offers good placements with an average package of INR 27.27 Lakhs.
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