IIM Indore - Indian Institute of Management

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IIM Indore Fees 2026

Q: How much does MBA cost in IIM Indore?

For IIM Indore MBA admission, the course fee is INR 24 lakh to be paid in six equal instalments. This doesn't include other components. Given below is the fee structure of IIM Indore MBA fees, as per the official website for the 2026-28 batch: Components Amount (2026-27) Amount (2027-28) Course Fee INR 1,200,000 1,200,000 Alumni Fee GST @ 18% -- 11,800 Refundable Caution Deposit INR 50,000 -- Mess Deposit INR 54,000 -- Grand Total INR 13,04,000 INR 1,211,800

Indore

4.3 /5

(242 Reviews)

630 Student Q&A

Public/Government Institute
Estd. 1996

Last updated on 18 Aug '26

IIM Indore Fees

Table of contents

IIM Indore Fee Structure 2026
IIM Indore Scholarships
IIM Indore Student Reviews

IIM Indore Fee Structure 2026

Students who wish to get into the programmes offered at IIM Indore are charged a certain amount as fees. IIM Indore total tuition fees range between INR 7.6 lakh (PG Diploma) and INR 42 lakh (five-year Integrated Programme in Management (IPM). The total fees may vary depending on the course and specialisation chosen by the candidates. IIM Indore fee structure is inclusive of multiple components, some of which are caution deposit, exam fee and security deposit, among others. Some of the components mentioned above are charged only once at the time of admission.

For its flagship PGP course, an annual course fee of INR 12 lakh will be paid in three equal instalments of INR 4 lakh for 2026-27. For two years, the course fee will be INR 24 lakh for the PGP course. The course fee does not include the textbook charge. The medical insurance charge for the PGP students will be deducted from the caution deposit.

IIM Indore Hostel fee and miscellaneous fees for one term are INR 30,000; this also includes the miscellaneous fee for course material, access to lectures, computing facilities, library, medical dispensary facility, etc.

IIM Indore Fee Payment Mode Details

Selected candidates for admission can pay the fee online to the IIM Indore account. Mess charge will be adjusted against the actual mess bill. Students can pay the mess fee as per the details given below:

Account Holder Name: Students Mess Committee, IIM Indore

Bank Name: HDFC Bank Limited

Account Number: 50200070700330

IFSC Code: HDFC0002140

Branch: Rau, Indore

IIM Indore Fee Refund Policy

Candidates who wish to withdraw their offers need to inform their decision. An application fee of INR 1000 as a processing fee will be deducted, and the refund will be initiated to the bank provided by the candidate after deducting the mentioned processing fee. For term fees, a refund is only possible if a student leaves the institute in subsequent terms and informs the institute of the decision 7 days before the start of the term. Hostel and other components might be deducted on an actual/pro-rata basis.

Course	Total tuition fees
Certificate (48 Courses)	₹ 90 K - 2.55 LGet Fee Details
MBA/PGDM (3 Courses)	₹ 20.7 L - 24 LGet Fee Details
BBA (1 Courses)	₹ 42 LGet Fee Details
M.Sc. (2 Courses)	₹ 14.4 LGet Fee Details
Executive MBA/PGDM (2 Courses)	₹ 26.4 LGet Fee Details

The fees is for the entire duration of the respective courses.

Commonly asked questions
On Fees Overview

Q: What is the fee for IPM course at IIM, Indore?

As per the official website, the Indian Institute of Management Indore IPM fee is INR 6 lakh for the first three years. The approximate cost of the course is INR 30 lakh. For the detailed fee structure, candidates are advised to contact the admission department of the institute. In addition to this, students who are willing to get into IIM Indore for this course are also required to pay the application fee for IPMAT.

Q: How much is application form for IIM Indore?

The application fee for IIM Indore differs from course to course. For IIM Indore MBA admissions, candidates need not to apply anywhere else other than CAT. The application fee for CAT is INR 2,400 for general category.

Students need to pay the application fee in order to succesfully submit the application form for the desired couse at IIM Indore. Interested students can refer to the below table for IIM Indore application fee:

Course Name	Application Fee (General category)
PGP & PGP HRM (via CAT)	INR 2,400
E-PGP	INR 5,900
IPM	INR 4,130
FPM	INR 1,000 + GST extra
E-FPM	INR 3,000 + GST extra (1 area) INR 4,500 + GST extra (2 areas)
E-FPMG	INR 3,540 (1 area) INR 5,310 (2 area)

Note: This information is sourced from the official website/ sanctioning body and is subject to change.

Q: Is there a fee charged for IPMAT application form correction?

No, candidates do not have to pay any fee for IPMAT form correction. The facility is provided to candidates free of cost. However, if they have made an error in a field that is not available for editing, then, they will have to fill a fresh IPMAT form before submission deadline and pay the application fee again.

Q: Is it worth pursuing BBA at IIM Indore?

IIM Indore offers a five-year integrated programme in Management accredited by the Association of MBAs, AMBA London. This five-year Management programme is a combination of both UG (BBA) and PG (MBA) course. Aimed at students who have completed their Class 12 from a recognised board in India, the last two years of the programme are at the PG level. Candidates who have passed Class 12 or HSc or equivalent examination in 2021, 2022 or appearing in 2023 can apply for IIM Indore IPM course.

IIM Indore Certificate Fees 2026

Certificate at IIM Indore is offered over a duration of 2 weeks - 1 year. The tuition fee for Certificate falls between INR 90,000 - 2,55,000, depending on the specialisation chosen by the applicant. This IIM Indore Certificate fee includes a combination of components, such as tuition charges, deposits, and other institutional costs. Applicants who complete the IIM Indore admission process can pay the fee as per the institute's payment structure. Full details of the fee structure are available o

Fee components	Amount (for 2 weeks - 6 months)
Tuition Fee might include components other than the tuition fee. Fee does not include GST Amount	₹ 90 K - 2.55 L
Hostel	₹ 9 K
One-time Payment One time fee includes registration fee and application fee.	₹ 40 K
Total fee	₹ 1.39 L - 3.04 L

These are estimated fees information. Actual values may differ.

The value for money rating of this course is 2.6/5 (5 Reviews).View placement details

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IIM Indore
Certificate Fees Comparison

Colleges	Tuition Fees	Hostel Fees
IIM Indore	90 K - 2.55 L	9 K
Shridhar University (SU)	5 K - 3.5 L	30 K - 60 K
IIM Bangalore Compare	4.5 L - 7.5 L	-/-
IIM Calcutta Compare	82.6 K	-/-
Delhi School of Communication	40 K - 60 K	-/-

The value are of the latest years available with Shiksha.

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IIM Indore MBA/PGDM Fees 2026

IIM Indore fees structure for PGP batch 2026-28 is available in this section. Post Graduate Programme in Management (PGP) is a two-year, full-time, residential MBA programme for which the annual course fee is INR 24 lakh, which is required to be paid in six equal instalments. The institute accepts a valid CAT score to shortlist the candidates for the WAT, GD & PI. Students who are selected for final admission need to pay the first term fee to confirm their seat. Candidates can refer to the table below to view the IIM Indore PGP fee in detail for domestic participants applying through CAT. For the next academic session (2027-2029), the fee structure is not available on a public platform and will be updated here once released officially.

Components	Amount (2026-27)	Amount (2026-27)
Course Fee	INR 1,200,000	1,200,000
Alumni Fee GST @ 18%	--	11,800
Refundable Caution Deposit	INR 50,000	--
Mess Deposit	INR 54,000	--
Grand Total	INR 13,04,000	INR 1,211,800

Download: IIM Indore PGP Fee Brochure 2026-28

Check the table below for a detailed breakdown of the course:

Fee components	Amount (for 2 years)
Tuition Fee might include components other than tuition fee.	₹ 20.7 L - 24 L
One-time Payment One time fee includes caution deposit.	₹ 50 K
Other Fees	₹ 11.8 K
Total fee	₹ 21.32 L - 24.62 L

These are estimated fees information. Actual values may differ.

The value for money rating of this course is 4.2/5 (221 Reviews).View placement details

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IIM Indore
MBA/PGDM Fees Comparison

Colleges	Tuition Fees	Hostel Fees
IIM Indore	20.7 L - 24 L	-/-
IIM Calcutta Compare	25 L - 27 L	-/-
MICA Compare	28 L	-/-
IIM Kozhikode Compare	14 L - 22.5 L	90 K
IIFT Delhi Compare	5.35 L - 21.82 L	-/-

The value are of the latest years available with Shiksha.

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Commonly asked questions
On MBA/PGDM Fees

Q: How much does MBA cost in IIM Indore?

For IIM Indore MBA admission, the course fee is INR 24 lakh to be paid in six equal instalments. This doesn't include other components. Given below is the fee structure of IIM Indore MBA fees, as per the official website for the 2026-28 batch:

Components	Amount (2026-27)	Amount (2027-28)
Course Fee	INR 1,200,000	1,200,000
Alumni Fee GST @ 18%	--	11,800
Refundable Caution Deposit	INR 50,000	--
Mess Deposit	INR 54,000	--
Grand Total	INR 13,04,000	INR 1,211,800

Q: Is an MBA HR from IIM Indore worth it?

An MBA in HR - Post Graduate Programme in Human Resource Management or PGP-HRM from IIM Indore is highly worth it. It offers a top-tier brand, an elite peer network & excellent compensation packages that put it on par with the country's premier HR programs.

The programme heavily emphasises HR analytics, psychometric testing & behavioural labs.

Q: Is IIM Indore good for Executive MBA?

Yes, IIM Indore is a good option for pursuing an executive MBA degree. IIM Indore E-PGP course is accredited by the Association of MBAs (AMBA) London (UK) and is especially designed for experienced professionals to enhance their knowledge, skills, and capabilities. Additionally, on paying a total tuition fee of INR 17.6 lakh, a student can get an average salary up to INR 27.80 LPA as per the placement report 2023. This derives a decent ROI with respect to the investment and return invested and received by the students. For more details regarding IIM Indore E-PGP course, click here. Shiksha has multiple verified students' reviews for its E-MBA programme, check them here.

IIM Indore BBA Fees 2026

At UG level, students can enroll into BBA at IIM Indore - Indian Institute of Management. This course is offered in a full time mode. Interested candidates may go to the official website of the college to get all the relevant information about the mode of payment for IIM Indore - Indian Institute of Management BBA fees. The table below presents IIM Indore - Indian Institute of Management BBA fee breakup:

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IIM Indore
BBA Fees Comparison

Colleges	Tuition Fees	Hostel Fees
IIM Indore	-/-	-/-
School of Business and Management, Christ University	8.25 L - 9.3 L	1.13 L
Christ University Delhi Compare	8.1 L - 11.8 L	3.75 L - 4.25 L
IIM Rohtak Compare	-/-	-/-
IIFT Kakinada Compare	-/-	-/-

The value are of the latest years available with Shiksha.

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IIM Indore M.Sc. Fees 2026

IIM Indore offers M.Sc. as a 2 years programme. The full breakdown of the IIM Indore M.Sc. fee is provided on IIM Indore’s official site.

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IIM Indore
M.Sc. Fees Comparison

IIM Indore Executive MBA/PGDM Fees 2026

The Executive MBA/PGDM at IIM Indore is offered for a duration of 1 year - 2 years. The tuition fee is INR 26.4L. Candidates who get selected in the selection round are required to pay the fee within the given deadlines. For a breakdown of all IIM Indore Executive MBA/PGDM fees charged, take a look at the table below:

Fee components	Amount (for 1 year)
Tuition Fee might include components other than tuition fee.	₹ 26.4 L
One-time Payment One-time fee includes refundable caution deposit.	₹ 25 K
Other Fees	₹ 1 L
Total fee	₹ 27.65 L

These are estimated fees information. Actual values may differ.

The value for money rating of this course is 4.5/5 (2 Reviews).View placement details

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IIM Indore
Executive MBA/PGDM Fees Comparison

IIM Indore PG Diploma Fees 2026

At IIM Indore - Indian Institute of Management, students can pursue PG Diploma at PG level. IIM Indore - Indian Institute of Management PG Diploma is offered in a part time mode. As per the IIM Indore - Indian Institute of Management fee structure, the institute charges several components, such as hostel deposit, security deposit, and the tuition fee, at the time of IIM Indore - Indian Institute of Management admission. Candidates seeking to apply for this course must pay the IIM Indore - Indian

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IIM Indore
PG Diploma Fees Comparison

IIM Indore FPM Fees 2026

The FPM at IIM Indore is offered at the Doctorate level. According to the fee structure of IIM Indore, the tuition fee for this course is INR 9,80,000, which includes caution deposit, exam fee and security deposit, among others. To get admission into the programme, candidates must make the payment of the IIM Indore FPM fees. The table below provides a detailed fee breakdown for your reference.

Fee components	Amount (for 2 years)
Tuition	₹ 9.8 L
Total fee	₹ 9.8 L

These are estimated fees information. Actual values may differ.

The value for money rating of this course is 3.0/5 (1 Reviews).View placement details

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IIM Indore
FPM Fees Comparison

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IIM Indore
Scholarships

Need Based Financial Assistance

IIM Indore extends financial aid to the participants in need of financial assistance. The objective of the Need Based Financial Assistance (NBFA) at IIM Indore is to ensure that no participant is deprived of education at the institute for financial reasons.

All participants admitted to the Post-Graduate Programme in Management (PGP), PGP HRM (PGPH) and Integrated Programme in Management (IPM) with annual family income below ? 12, 00,000 are eligible to apply for

View Scholarship Details

IIM Indore
Students Ratings & Reviews

4.3/5

228 Verified Reviews Info Icon

4-5
172
3-4
48
2-3
7
1-2
1

Placements4.2

Infrastructure4.4

Faculty & Course4.4

Campus Life4.5

Value for Money4.1

What students say about IIM Indore - Indian Institute of Management

Placements

Infrastructure

Faculty

Other

LikesView All

Reputed companies such as PWC, BCG, EY, Goldman Sachs, DBS, HDFC, and JP Morgan, etc., are long-term recruiters at the institute.

Based on 99 Reviews

DislikesView All

These management companies hire you, but the job profile is not good as it all depends on the student hard work that is if you score the good grades.

Based on 15 Reviews

Vikash Kumar Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2021

4.2

4.0Placements4.0Infrastructure4.0Faculty5.0Crowd & Campus Life4.0Value for Money

What will you exactly miss if you miss this college.

Placements: The placement here is outstanding. You can expect a placement record of 100%. All the students of all the branch gets good amount of package during their placement process. Some of them get hired by an international company with travel accommodation. The median salary is always 15 LPA. The highest goes upto 50 LPA and above that.

Infrastructure: The college campus hostels are very much neat and tidy as well as enough pace is provided to each student that says in the hostel. The girls hostel is also very good according to my female friends. Both college and hostel campus provide the Wi-Fi benefits. The classrooms are smart with A/C. The library is well stocked and The quality of food in both canteen and mess are good.

Faculty: The faculties are highly educated from the international universities and top institute of India. All of them are very much experienced and are always ready to go. The course gets updated each year according to the world running speed towards the AI. The students are highly satisfied by the course curriculum. The semester exams are application based and the pass percentage is above 90%.

Other: The college needs nothing to improve . It is undoubtedly one of the best college of India

Reviewed on 14 Mar 2026Read More

Hardik bhardwaj Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2026

4.6

4.0Placements5.0Infrastructure4.0Faculty5.0Crowd & Campus Life5.0Value for Money

I like my college and our professors.

Placements: Our college is a government management institute. It provides a high number of placements at different companies like Adani Group, Reliance Industries, Tata Consultancy Services, etc., with a good package of 10 to 30 LPA. In our institution, a good internship programme is held every year.

Infrastructure: Our hostel facility is very good, and the food quality is good. Our college authority provided a high-speed internship to students. Our classroom is very good and big. But our college sports facilities are not very good. In our college, a well-stocked library is provided by the authority.

Faculty: Our college faculty are highly qualified and knowledgeable. They are very helpful in nature. They help us at the time of examination. In our college, 2 semesters are held in a year, and 2 mid-semester exams are held in a year. It is very tough to crack. It helps us in future.

Other: I would like to be a manager in future, so I chose the course. Our college provides scholarships to scholars.

Reviewed on 18 Dec 2025Read More

Shriya Jain Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2020

3.4

4.0Placements3.0Infrastructure3.0Faculty4.0Crowd & Campus Life3.0Value for Money

Post graduate program in management at IIM Indore.

Placements: The placement offered simply differs from one discipline to another usually it depends upon the placement office's efforts. Some of the recruiters had a stable relationship with the college for active recruitment. Cognizant and BCG were the top recruiters offering the highest package above 9 LPA.

Infrastructure: The exact fee range would basically above 2.5 lakhs and between 3 lakhs and 5.6 lakhs for the entire course duration which included hostels, placement, and other fees too. Even though the seats were too limited, the curious of students joining the college was unstoppable. College administration was so lethargic in responding.

Faculty: There will be higher level of difficulty in clearing the examinations without undergoing any practice tests or exams. Professors were with sufficient subject knowledge and guided us in a correct way. The overall pass percentage for our discipline was usually above 79%.

Reviewed on 18 Aug 2025Read More

(1)

1 person found this helpful

Shriya jain Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2025

3.8

4.0Placements4.0Infrastructure4.0Faculty3.0Crowd & Campus Life4.0Value for Money

IIM Indore has a big name, but inside, it's not good, and there is no support.

Placements: Almost all students got placed, more than 95%. The highest package is around 50 LPA, the lowest is 10 LPA, and the average is around 25 LPA. Big companies like BCG, Deloitte, and Accenture visit our college. Many students got internships in banks and consultancies. Roles offered are analyst and manager. It's quite good.

Infrastructure: Rooms are not clean, and the fans do not work sometimes. Wi-Fi is very slow. Classrooms are okay, but AC is not always available. The library is big, but there are old books. The mess food is bad, but the oil is old and not fresh. The canteen is costly. The sports ground is broken. Medical help comes late, and I'm not happy with the facilities.

Faculty: Teachers do not help much. Their qualification is okay, but they don't share good knowledge. Teaching is poor, they just read. The curriculum is not relevant, and students are not industry-ready. Exams are not hard, with many questions. The pass percentage is low, around 60%. Students struggle a lot, and many fail. Others IIMs are better.

Other: I joined this course for a good job, but there's not much help. The course has some good topics, but they are not taught in depth. No good fests are held, the campus is far from the city, and the crowd is boring. There is no support for scholarships or extra things.

Reviewed on 22 Jul 2025Read More

Pranav Awasthi Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2024

4.0

4.0Placements4.0Infrastructure4.0Faculty4.0Crowd & Campus Life4.0Value for Money

My review about this college.

Placements: Placement was guaranteed by them as they made sure that each of us was given proper in-depth knowledge and training regarding management. Various top recruiters placed students in different segments. It provides jobs in various sectors such as manufacturing sector, IT, etc. Our institute holds a good placement record by placing various students in reputed organizations at good salary packages. Some of the key companies consulting like Mckinsey, BCG, Accenture, Deloitte, PwC, KPMG, E&Y, FMCG like HUL, P&G, ITC, Asian Paints, finance like Goldman Sachs, Nomura, City bank, e-commerce like Amazon, Flipkart, eBay, etc., came for placements.

Infrastructure: Hostel stay was compulsory on the campus. The rooms were spaced enough with bed, table, and chair. Each student got a room in PG course while some PGP-HR students got a shared room. One of the drawbacks was that there was a set of washrooms on floors instead of attached washrooms in the room.

Faculty: Faculty members were very qualified. They come from reputed graduate and post-graduate colleges. They were fairly interested in teaching their courses. Faculty members of the institute maintain very high standards academically. The curriculum was rigorous and the course outlines were followed very closely. Exam structure was fine. Every semester had three examinations. They call it minor 1 (20), minor 2 (20), and major (40). Here the numbers in the brackets were the marks for each exam. These numbers may vary depending on the subject and faculty. The remaining marks could be again divided as the marks for attendance and surprise tests. The course curriculum was one of a kind. It consisted of core subjects which were the pillars for further management studies. It also consists of enhancements that enhance the qualities of students. Exams consist of quizzes, projects, midterms, and end terms.

Reviewed on 22 Jun 2025Read More

Shriya Jain Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2021

4.4

4.0Placements5.0Infrastructure4.0Faculty5.0Crowd & Campus Life4.0Value for Money

IIM Indore College review.

Placements: The percentage of students placed in our college was 85%. The highest package was 84 LPA, and the lowest package was 9 LPA. Top companies that came to our college were Tata, Navi, Microsoft, etc. The percentage of students who got internships was 85%, and the top role offered in my course was 17 per year.

Infrastructure: The college had the best infrastructure compared to the other colleges in the city. Wi-Fi was available all around the campus. Our classrooms were very clean. The library had good books. We had clean washrooms. The hostel did not provide good things. The food was the worst. Sports were good.

Faculty: Teachers were helpful and well qualified, like Ph.D. holders. The teaching quality was good, and the course made students industry-ready. Semester exams were more difficult than those at other colleges, but they helped build students. The passing CGPA was above 9.

Reviewed on 16 May 2025Read More

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IIM Indore

Student Forum

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What is the QS World University Ranking 2026 of IIM Indore?

Answered 3 weeks ago

Under the 'Full-Time MBA category for Asia', IIM Indore has been ranked 23rd by the QS World University Rankings 2026. Indian Institute of Management Indore was also ranked in the band of 151 - 200 in the category of 'Master's in Management'.

Rashmi Sinha

Contributor-Level 10

What is the fee of IIM Indore courses?

Answered a month ago

Candidates can check below the total tuition fee of IIM Indore courses:

Courses	Total Tuition Fee
Certificate	INR 90,000- 2.5 lakh
MBA	INR 17.3 lakh- 20 lakh
FPM	INR 9.8 lakh
IPM	INR 35 lakh

Note: This number is taken from the official sources of college. It can change.

Raj Priya

Contributor-Level 10

Can I get admission in IIM Indore without CAT?

Answered a month ago

Yes, candidates can get admission in IIM Indore without CAT for two programmes: Integrated Programme in Management (IPM) and Executive Post Graduate Programme in Management (EPGP). Admission into IPM is based on the IPMAT (Integrated Program in Management Aptitude Test), followed by a Written Abilit

Raj Priya

Contributor-Level 10

What is the IIM Indore 2026 cutoff for MBA?

Answered 2 months ago

Under the flagship PGP (MBA) course, clearing both sectional and overall parameters turned out to be the most competitive initial filter. IIM Indore PGP cutoff 2026 Round 1 shortlisting stood at 90 percentile overall for the General AI category.

Rakshit Prabhakar

Contributor-Level 10

What is the direct admission process for Integrated MBA at IIM Indore?

Answered 3 months ago

IIM Indore Integrated MBA admissions are through the IPMAT test. The institute does not offer direct admissions for the programmes. Interested students have to appear for the IPMAT test followed by a Personal Interview round to get a seat in the institute. Students can apply through IIM Indore offic

Nishtha Jain

Contributor-Level 10

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