IBA Bangalore, Bengaluru - Fee Structure & Course Fees 2025

Understanding the fee structure of Indus Business Academy (IBA), Bangalore is crucial for prospective students aiming to pursue the Post Graduate Diploma in Management (PGDM) program. This comprehensive overview details the various components of the fees, including tuition, hostel accommodations, payment schedules, and available scholarships. By providing a clear and structured breakdown, students can make informed financial decisions and plan their education journey effectively.

Fee Structure and Payment Schedule of Indus Business Academy

Tuition Fees

The tuition fees for the PGDM program at Indus Business Academy vary based on the intake and any updates. The approximate range is as follows:

• PGDM Program: ₹8.5 lakh to ₹9.5 lakh for the two-year duration.

Hostel Fees

Hostel accommodations are an optional expense, with costs depending on the type of residence chosen:

• Hostel Fees: ₹1.5 lakh to ₹2.5 lakh per year.

Total Fees

Combining tuition and hostel fees, the total cost for the PGDM program is estimated as:

Payment Schedule

Indus Business Academy offers a structured payment schedule, allowing students to manage their finances through multiple installments over the two-year program:

Scholarships and Fee Waivers

Indus Business Academy is committed to making education accessible through various scholarships and fee waiver programs. These financial aids are designed to support students based on academic merit and financial need.

Entrance Scholarships

Scholarships are awarded based on entrance exam performances, encouraging high-achieving candidates:

• CAT/XAT/GMAT/GRE Applicants: Achieving an 85 percentile or above qualifies for a scholarship of ₹1 lakh.
• MAT/ATMA/CMAT Applicants: Specific scores or ranks can earn scholarships ranging from ₹60,000 to ₹1 lakh.

Fee Waivers for Economically Weaker Sections

To support students from financially disadvantaged backgrounds, Indus Business Academy offers fee waivers:

• Mother Teresa Fee Waiver: Available for economically weak students in the first year of the PGDM program.

Additional Fees

Apart from tuition and hostel fees, students may incur additional costs associated with the PGDM program:

FAQs on Indus Business Academy Fees

Q: What is the total fee for the PGDM program at Indus Business Academy?

A. The total fee for the PGDM program at Indus Business Academy is approximately ₹9.8 lakh. Additionally, a one-time admission fee of ₹60,000 is required at the time of enrollment.

Q: Are there any scholarships available for PGDM students at Indus Business Academy?

A. Yes, Indus Business Academy offers several scholarships based on entrance exam scores and financial need:

Entrance Scholarships:

• CAT/XAT/GMAT/GRE: Achieving an 85 percentile or above qualifies for a ₹1 lakh scholarship.
• MAT/ATMA/CMAT: Specific scores or ranks can earn scholarships ranging from ₹60,000 to ₹1 lakh.

Fee Waivers:

• Mother Teresa Fee Waiver: Available for economically weak students during the first year.

Q: How is the payment for the PGDM program structured at Indus Business Academy?

A. The payment for the PGDM program is divided into four installments, each ranging from ₹2 lakh to ₹3 lakh, spread across the two-year program. This structure allows students to manage their finances more effectively.

Q: What are the hostel fee options at Indus Business Academy?

A. Hostel fees vary based on the type of accommodation selected, typically ranging from ₹1.5 lakh to ₹2.5 lakh per year. This cost is in addition to the tuition fees.

Q: Are there any additional fees apart from tuition and hostel fees?

A. Yes, students are required to pay a one-time admission fee of ₹60,000. Additionally, there may be miscellaneous charges for various services provided during the program.

Q: What is the average package offered to PGDM graduates from Indus Business Academy?

A. While this is beyond the scope of fees, Indus Business Academy boasts competitive placement statistics with average packages reflecting the quality of education provided. Prospective students should refer to the latest placement reports for detailed information.

Conclusion

Indus Business Academy offers a transparent and structured fee system for its PGDM program, complemented by various scholarships and fee waivers to support deserving students. By understanding the detailed fee components and available financial aids, prospective students can better prepare for their educational journey at IBA Bangalore.