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
- IIM Indore MBA Fee Over 10 Years
- Campus-Wise IIM Fee
- Need-Based Financial Assistance at IIM Indore
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
Campus-Wise IIM Fee
Check the table below for campus-wise fee of different IIMs:
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:
| Reimbursement of Tuition Fee for PGP Students |
Mess Subsidy to PGP Students |
Student Exchange for PGP 2nd-Year Students |
|---|---|---|
| Slab-I (Annual Family Income upto INR 1,50,000) |
||
| 100% tuition fee |
80% upto INR 3600 per month |
Upto INR 2 lakh |
| Slab-II (Annual Family Income between INR 1,50,000 and INR 3,00,000) |
||
| 75% tuition fee |
80% upto INR 3600 per month |
Upto INR 1.5 lakh |
| Slab-III (Annual Family Income between INR 3,00,000 and INR 4,50,000) |
||
| 50% tuition fee |
80% upto INR 3600 per month |
Upto INR 1 lakh |
| Slab-IV (Annual Family Income between INR 4,50,000 and INR 6,00,000) |
||
| 25% tuition fee |
- |
- |
| Slab-V (Annual Family Income between INR 6,00,000 and INR 7,50,000) |
||
| 15% tuition fee |
- |
- |
| Slab-VI (Annual Family Income between INR 7,50,000 and INR 9,00,000) |
||
| 10% tuition fee |
- |
- |
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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Student Forum
Anything you would want to ask experts?Answered a week ago
IPMAT is conducted for admission to IIM Indore's integrated programme in management programme (IPM). It is five year programme for management admissions.
S
Contributor-Level 6
Answered a week ago
No, IIM Indore IPM admission is not possible without appearing for IPMAT. It is an aptitude test conducted by Indian Institute of Management, Indore. Score obtained in aptitude test is given a weightage of 65% in Composite Score which serves as basis of final selection.
M
Contributor-Level 6
Answered 5 days ago
Always go for B.Tech at NITs as it is more conventional and has better job opportunities and scope in comparison to that of dual degree from IIMs as they don't have that big alumni network and also these things are being introduced. so these days any time go for B.Tech from NiTs over any IIM dual de
H
Beginner-Level 1
Answered 5 months ago
To prepare for GD and PI for IIM Indore and IIM Kozhikode, students must practice with mock interviews. Read the most asked questions and also study the course material very well. Students can visit the official website and search for the trends to find the interview dates and other interview patter
J
Contributor-Level 10
Answered 5 months ago
Yes, even if the students are from the commerce stream without maths, they can still prepare for the IPMAT exam without coaching. The formal coaching has its own perks, but students can also fetch good marks with IPMAT self-preparation. IPMAT exam preparation without coaching may require the student
R
Contributor-Level 6
Answered 5 months ago
R
Contributor-Level 10
Answered 7 months ago
IIM Indore generally sees strong placement for its MBA program. In the 2024 placements, despite challenging macroeconomic conditions, 594 students from the PGP and IPM programs received offers from over 150 recruiters. While the average salary saw a dip from Rs 30.21 LPA to Rs 25.68 LPA, about half
L
Contributor-Level 8
Answered 7 months ago
To get into the IPM (Integrated Programme in Management) at IIM Indore, you must clear the IPMAT (Integrated Program in Management Aptitude Test) conducted by IIM Indore. It’s a competitive exam with sections on quantitative aptitude, verbal ability, and logical reasoning. After clearing the test, a
S
Contributor-Level 7
Saumya Jain is an English Literature graduate from the University of Delhi. She has over 8 years of editorial and content writing experience. At Shiksha.com, she has spent more than six years creating research, stud
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