IIM Indore MBA Fees 2025: Check Fee Structure and Scholarships

IIM Indore fees for the PGP course is approximately INR 21,17,158 for Indian candidates. Check out the complete IIM Indore MBA fee structure as well as the scholarship schemes offered at IIM Indore below.  

Indian Institute of Management Indore (IIM Indore) is a premier institute in the field of management, which has been offering quality education for over two decades. IIM Indore’s flagship Post Graduate Programme (PGP) in Management is a full-time, two-year programme that is equivalent to an MBA degree course, which prepares students for the field of business and management.

It is important for the candidates seeking admission at IIM Indore in the PGPM programme to know the detailed PGP fee structure, which includes various components other than tuition fee. Shiksha brings you a comprehensive guide of the fees and scholarships offered at IIM Indore for its PGP programme. The article will give you information on:

• Annual course fees at IIM Indore for 2025-2027
• Components of IIM Indore fee structure for 2025-2027
• Scholarship schemes at IIM Indore

It may be noted that the total programme fees for the academic session 2025-27 is higher than previous batches, and stand at INR 21,17,158.

Annual Course Fee for PGP at IIM Indore

The total course fee for PGP programme offered at IIM Indore is approximately INR 21,17,158 for Indian candidates and INR 31,17,000 for NRI candidates. The course fee includes access to academic amenities such as the library, computers and lectures. The amount is also inclusive of alumni fees and lodging. However, the course fee excludes hostel fees, insurance, textbooks, etc.    

Also Read: MBA fees 2025 for all IIMs

Additional Components of IIM Indore Fees

Other than tuition fees, IIM Indore PGP fees also include some other components as mentioned below:

• Computer facilities
• Access to the library
• Alumni fee
• Lodging charges
• Other miscellaneous charges

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IIM Indore MBA Fee Over 10 Years

Year	Total Fee (INR Lakhs)
2016	13 lakh
2017	14 lakh
2018	14.5 lakh
2019	16 lakh
2020	16 lakh
2021	16 lakh
2022	17.3 lakh
2023	20 lakh
2024	22.2 lakh
2025	21.17 lakh

IIM Indore PGP fee over 10 years

IIM Indore offers financial assistance (Need-Based Financial Assistance (NBFA)) to all PGP students admitted at the institute whose family income is less than INR 9 lakhs during the relevant financial year. The B-school offers financial assistance to PGP students through its Need-Based Financial Assistance (NBFA) scheme, which has the following components:

• Reimbursement of tuition fees up to 100%
• 80% subsidy on mess charges
• Financial support for meeting Student Exchange programme expenses  

The NBFA Committee undertakes a two-step process for deciding the number of awardees and quantum of aid.

The assistance is provided to students slab-wise as mentioned below:

The NBFA committee of IIM Indore undertakes a two-step process to decide the number of candidates eligible for assistance and the quantum of financial aid. In the first step, a student’s financial status is evaluated based on following parameters:

• Annual gross household income
• Household savings
• Real estate assets
• Other assets

Based on this score, shortlisted students are called for personal interaction with the IIM Indore NBFA committee. During the interaction, the committee evaluates the financial need of a student. Based on this, financial aid is finally provided to selected students.

All eligible candidates who wish to apply for the NBFA scheme can fill out the application form in the prescribed format on the official website of IIM Indore. The applications to register for the Need-Based Financial Assistance scheme at IIM Indore are usually invited in July/ August every year.

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