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
There is need-based financial assistance offered to the students of IPM at IIM Indore. Below is the criteria for scholarship:
- All participants admitted to the IPM programme with annual family income below INR 9, 00,000 are eligible to apply for financial aid.
- Eligible applicants who wish to apply for the IIM Indore NBFA may apply in the prescribed form as available in PGP/ IPM Office. They must apply in the form taken from the respective PGP /IM Office only.
IIM Indore gives scholarships for its five-year integrated programme. These scholarships are based totally on advantage and other standards including educational performance, front examination ratings, and monetary need. The precise scholarships, eligibility necessities, and application approaches may also range, and it's miles really helpful to refer to the professional website of IIM Indore or contact the institute directly for particular records on the to be had scholarships and their software methods.
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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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IIM Indore provides Need-Based Financial Assistance (NBFA) to PGP/ IPM students with annual family income below INR 9 LPA, are eligible to apply for financial aid. 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. The NBFA Committee undertakes a two-step process for deciding the number of awardees and quantum of aid. The scholarship is awarded to the students selected for pursuing courses at graduate/postgraduate in identified institutions in professional fields such as Management, Medicine, Engineering, Information Technology, Law, and Training etc. In the first stage, the candidate's financial needs will be assessed by evaluating the application submitted by them. In the second stage, based on the first stage assessment, some of the participants are called for personal interaction with the NBFA Committee. Eligible applicants who wish to apply for the IIM Indore NBFA may apply in the prescribed form as available in PGP/ IPM Office.