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IIM Indore, Indore - Fee Structure & Course Fees 2025

LocationIndore (Madhya Pradesh)
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Updated on - Feb 28, 2025 03:32 PM IST

IIM Indore Fee Structure

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.

IIM Indore Fee Details

Tuition Fees₹17,25,000 to ₹35,00,000Varies based on the specific MBA/PGDM program chosen.
Admission Fees₹50,000One-time fee paid during the admission process.
Lab Fees₹10,000Access to laboratories and technical resources.
Library Fees₹5,000Utilization of library services and resources.
Hostel Fees₹1,00,000 to ₹1,40,000Annual accommodation charges, including a refundable security deposit of ₹45,500.
Other Fees₹20,000Includes registration fees, examination fees, and other miscellaneous charges.

Tuition Fees

  • The primary component of the fee structure.
  • Ranges from ₹17,25,000 to ₹35,00,000 depending on the specific program and duration.
  • Covers academic instruction, course materials, and access to campus facilities.

Hostel Fees

  • Annual fees range between ₹1,00,000 and ₹1,40,000 (Includes accommodation, meals, and access to hostel amenities, and a refundable security deposit of ₹45,500 is required at the time of admission).

Payment Schedule

  • Fees are typically divided into semester-wise installments.
  • Specific payment schedules may vary based on the chosen program and IIM Indore policies.
  • Students are required to adhere to the payment deadlines to avoid penalties or disruptions in their studies.

Scholarships and Financial Aid

  • Merit-Based Scholarships: Awarded to students with outstanding academic performance.
  • Merit-Cum-Need-Based Scholarships: For students who demonstrate both academic excellence and financial need.
  • Financial Aid: Available for students facing severe financial difficulties, ensuring that financial constraints do not hinder their education.

Average Salary Package

  • The average salary package for IIM Indore graduates is competitive with other top-tier IIMs.
  • Specific figures vary by year, industry, and individual performance.
  • Graduates secure positions in diverse sectors, including consulting, finance, technology, and more.

Total Expenses

  • Mess Fees: Approximately ₹30,000 per year for meal plans.
  • Wi-Fi and Internet Charges: Around ₹5,000 per year for campus internet access.
  • Amenities and Miscellaneous: Expenses for personal needs, extracurricular activities, and other campus facilities.
  • Total Estimated Expenses: The comprehensive cost covers all academic and living expenses, ensuring a comfortable and conducive learning environment.

FAQs on IIM Indore Fees

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:

  • Tuition Fees: Primary academic costs.
  • Admission Fees: One-time payment during admission.
  • Lab Fees: Access to technical and laboratory resources.
  • Library Fees: Utilization of library services.
  • Other Fees: Registration, examination, and miscellaneous fees.

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.

Read Less

Top Courses at IIM Indore

Course NameApply NowFeesShort Eligibility
P.G.D.M. (Post Graduate Diploma in Management)₹17,60,000
Certificate₹1,10,000 - 5,90,000Bachelor's degree in any discipline, Minimum of two years of work experience after graduation
B.B.A + M.B.A.₹5,00,000Higher 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 - 11,04,679Bachelor's degree or equivalent, minimum 50% aggregate marks or equivalent CGPA, valid CAT score
Executive P.G.D.M.₹22,12,000Bachelor'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 - 17,60,000Bachelor'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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