Understanding the fee structure of the Indian Institute of Management Indore (IIM Indore) is crucial for prospective students planning their academic journey. IIM Indore is renowned for its comprehensive MBA/PGDM programs, offering excellent education and robust placement opportunities. This article provides an in-depth analysis of the fees associated with the MBA/PGDM programs at IIM Indore, including tuition fees, hostel accommodations, payment schedules, scholarships, and other related expenses.
Tuition Fees | ₹17,25,000 to ₹35,00,000 | Varies based on the specific MBA/PGDM program chosen. |
Admission Fees | ₹50,000 | One-time fee paid during the admission process. |
Lab Fees | ₹10,000 | Access to laboratories and technical resources. |
Library Fees | ₹5,000 | Utilization of library services and resources. |
Hostel Fees | ₹1,00,000 to ₹1,40,000 | Annual accommodation charges, including a refundable security deposit of ₹45,500. |
Other Fees | ₹20,000 | Includes registration fees, examination fees, and other miscellaneous charges. |
Q. What is the total tuition fee for the MBA/PGDM program at IIM Indore?
Answer. The total tuition fee for the MBA/PGDM program at IIM Indore ranges from ₹17,25,000 to ₹35,00,000. This fee encompasses tuition, admission, lab, and library fees for the entire duration of the course.
Q. What are the components of the MBA/PGDM fee structure at IIM Indore?
Answer. The fee structure includes:
Q. How much is the hostel fee at IIM Indore?
Answer. The hostel fees range from ₹1,00,000 to ₹1,40,000 per year, which includes accommodation charges and a refundable security deposit of ₹45,500.
Q. What is the payment schedule for IIM Indore fees?
Answer. Fees are generally paid semester-wise in installments. The exact schedule is determined by the specific program and IIM Indore’s policies.
Q. Are there scholarships available for IIM Indore students?
Answer. Yes, IIM Indore offers merit-based and merit-cum-need-based scholarships. Additionally, financial aid is available for students facing significant financial challenges.
Q. What is the average salary package for IIM Indore graduates?
Answer. The average salary package is competitive with other leading IIMs, with specific figures varying by year, industry, and individual performance.
Q. What does the total expense include at IIM Indore?
Answer. Total expenses cover tuition fees, hostel fees, mess fees, Wi-Fi charges, amenities, and other miscellaneous costs, ensuring comprehensive coverage of academic and living expenses.
Q. Is there a refundable security deposit for the hostel at IIM Indore?
Answer. Yes, a refundable security deposit of ₹45,500 is required for hostel accommodation.
Q. Can IIM Indore students access financial aid if needed?
Answer. Yes, financial aid is available for students who demonstrate severe financial need, ensuring that financial barriers do not impede their education.
Q. What are the fee structures for different programs at IIM Indore?
Answer. While the MBA/PGDM programs have a standard fee range, specific programs may have slight variations in fee structures based on course specifics and duration.
Course Name | Apply Now | Fees | Short Eligibility |
P.G.D.M. (Post Graduate Diploma in Management) | ₹17,60,000 | ||
Certificate | ₹1,10,000 - 5,90,000 | Bachelor's degree in any discipline, Minimum of two years of work experience after graduation | |
B.B.A + M.B.A. | ₹5,00,000 | Higher secondary education (10+2) or equivalent from a recognized board with a minimum aggregate score of 60%, valid score in the Common Admission Test (CAT) | |
P.G.P.M. (Post Graduate Program in Management) | ₹9,04,711 - 11,04,679 | Bachelor's degree or equivalent, minimum 50% aggregate marks or equivalent CGPA, valid CAT score | |
Executive P.G.D.M. | ₹22,12,000 | Bachelor's degree or equivalent in any discipline, minimum of 50% aggregate marks or equivalent CGPA, minimum of five years of full-time managerial/entrepreneurial/professional experience after graduation. | |
P.G.P.Ex. (Post Graduate Programme for Executives) | ₹2,85,000 - 17,60,000 | Bachelor's degree or equivalent in any discipline, minimum of 50% aggregate marks or equivalent CGPA, minimum of five years of full-time post-qualification work experience, valid GMAT/GRE/CAT score. |
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