IIM Lucknow Fees for MBA | Check Fee Structure and Scholarships
IIM Lucknow Fees for MBA course is INR 20.75 lakh. This fees can be paid in instalments and the university also provides scholarships and financial aids to student so that they can pursue MBA. Check out complete details of IIM Lucknow fees structure and scholarships.
The Indian Institute of Management (IIM) Lucknow PGP fees is on the higher side as compared to other MBA institutes. As per the latest fee structure of IIM Lucknow PGP course, the fee is INR 20.75 lakh. For the MBA/PGP batch of 2020-22, the IIM Lucknow fees was INR 14 lakh but for the batch of 2021-23 it was revised to INR 19.25 lakh. For the batch of 2022-24, it further increases to INR 20.75 lakh.The fee for 2023 and 2024 batches are unlikely to have increased.
The course fee is to be paid semester wise. The PGP admission offer acceptance fee is INR 50,000. Upon admission, the IIM Lucknow fee amount to be paid is INR 3.95 lakh which is the first semester fee (including INR 20,000 refundable amount).
IIM Lucknow offers Post Graduate Programme (PGP), Post Graduate Programme in Agribusiness Management (PGP-ABM) and Post Graduate Programme in Sustainable Management (PGP-SM). The fee for these three courses is nearly the same. It also has a satellite campus in Noida, where the PGP courses are offered.
- Annual course fee for MBA at IIM Lucknow
- IIM Lucknow Fees for PGP
- Other Components of IIM Lucknow Fees
- Need Based Financial Assistance Schemes at IIM Lucknow
- IIM Lucknow PGP Admission
- FAQs on IIM Lucknow Fees
Annual course fee for MBA at IIM Lucknow
The annual IIM fee for the PGP programmes ranges between INR 14 lakh to INR 27 lakh with IIM Ahmedabad fee being the highest, followed by IIM Bangalore fees and IIM Calcutta fee. IIM Lucknow is fourth on the list of IIMs with pricey PGP courses.
IIM Lucknow Fees for PGP
IIM Lucknow PGP fee is to be paid semester or term wise. Given below is the break up of course fee of PGP, PGP SM and PGP AGM programmes offered by IIM Lucknow:
| IIM Lucknow PGP Fees (in INR) & Expenses |
PGP I |
PGP II |
||||||
|---|---|---|---|---|---|---|---|---|
| Particular |
Term I |
Term II |
Term III |
Total |
Term I |
Term II |
Term III |
Total |
| Admission Fee |
1,00,000 |
0 |
0 |
1,00,000 |
0 |
0 |
0 |
0 |
| Tuition Fee |
2,10000 |
2,10000 |
2,10000 |
6,30,000 |
2,10000 |
2,10000 |
2,10000 |
5,70,000 |
| Infrastructure Fee |
1,15,000 |
1,15,000 |
1,15,000 |
3,45,000 |
1,15,000 |
1,15,000 |
1,15,000 |
3,45,000 |
| Total Fee (A) |
4,25,000 |
3,25,000 |
3,25,000 |
10,75,000 |
3,25,000 |
3,25,000 |
3,25,000 |
9,75,000 |
| Refundable Deposits |
20,000 |
0 |
0 |
20,000 |
0 |
0 |
0 |
0 |
| Alumni Membership Fee |
0 |
0 |
0 |
0 |
5,000 |
0 |
0 |
5,000 |
| Total Fee (B) |
20,000 |
0 |
0 |
20,000 |
5,000 |
0 |
0 |
5,000 |
| Total Fee (A+B) |
4,45,000 |
3,25,000 |
3,25,000 |
10,95,000 |
3,30,000 |
3,25,000 |
3,25,000 |
9,80,000 |
Other Components of IIM Lucknow Fees
IIM Luckow has world class infrastructure that makes it one of the top ranked colleges in India. It is equipped with the best resources and technology for producing competent management graduates. The Infrastructure fee structure for PGP courses at IIM Lucknow includes the following components:
- Computer and Network Maintenance Fee
- Digital Infrastructure Maintenance
- Library Resources
- Books and Instructional Material
- Hostel Maintenance
- Students’ Welfare Activities
- Overheads
Need Based Financial Assistance Schemes at IIM Lucknow
Aiming to support students from less privileged background, IIM Lucknow has instituted various Financial Assistance Schemes. These schemes provide adequate financial aid opportunities to financially challenged candidates who wish to pursue MBA from IIM Lucknow.
Scholarships at IIM Lucknow are provided basis the following criteria as set by the institute’s admission committee
IIM Lucknow Scholarships Based on Merit and Family Income
Aspirants seeking admission under the reserved category with an annual gross family income less than Rs 4 lakh are eligible to avail scholarships for admission at IIM Lucknow.
Eligibility of a candidate to be able to avail financial assistance is decided on the basis of his/her performance in the first year of the PGP programme. The financial assistance provided would be in the form of a tuition fee waiver.
Awards & Prizes at IIM Lucknow
Furthermore, IIM Lucknow offers awards and prizes that are sponsored by various Central Government, State Governments and other bodies for higher studies. Details regarding the same are available on The National Scholarship Portal (NSP) and the respective State Government portals, etc.
IIM Lucknow PGP Admission
Admission to PGP programmes offered by IIM Lucknow is done through CAT exam. Those who score as much or more than the IIM Lucknow CAT cut off, are selected for WAT-PI round.The admission panel then selects the candidate for admission based on their performance in:
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- CAT Exam Score
- WAT-PI
- Academics (Class 10, 12 and graduation)
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- Gender/Academic Diversity
Apart from these full-time PGP courses, IIM Lucknow also offers International Programme in Management of Executives (IPMX), PGPWE Working Managers' Programme (WMP) and Fellow programmes.
Read More:
- IIM Fees for MBA: campus-wise
- IIM selection criteria and admission process
- IIM placements, average salary and top recruiters
FAQs on IIM Lucknow Fees
Q: What is the fee of PGP course at IIM Lucknow?
A: The PGP course fee of IIM Lucknow INR 20.75 lakh. The total fee amount includes tuition fee, infrastructure fee, refundable deposits and alumni membership fees. The fee is to be paid semester wise.
Q: What is the fee payment mode for IIM Lucknow MBA programme?
A: Candidates can pay the IIM Lucknow MBA course fee via online bank transfer or through the Demand Draft facility of a nationalised bank. The payment is to be done before the deadline of fee submission for every session.
Q: Is the full fee amount to be paid at the time of admission?
A: No, the full amount of the course fee is not to be paid at the time of admission. The fee payment is to be done in instalments and semester-wise. The fee submission is done before the commencement of new semester.
Q: Is there scholarship offered by IIM Lucknow?
A: Yes, the institute offers scholarships to students based on merit and family income. Any student, whose total annual gross family income does not exceed more than INR 4 lakh, is eligible for these scholarships.
Q: Which MBA programmes are offered by IIM Lucknow?
A: IIM Lucknow offers three full time MBA programmes - PGP, PGP-Agri Business Management and PGP-Sustainable Management. Apart from these, the institute offers Executive MBA and Fellow programme.
Q: What is the fees for Executive MBA course offered by IIM Lucknow?
A: IIM Lucknow offers two Executive MBA programmes. PGPWE and IPMX. The fee for PGPWE is INR 13.55 lakh and the fee for IPMX is INR 23.50 lakh (+ refundable caution money of INR 30,000).
Q: What is the admission criteria for IIM Lucknow MBA admission?
A: IIM Lucknow admission criteria for MBA/PGP programme includes CAT score, WAT-PI, academic record, diversity and work experience (optional).
Q: Is work experience mandatory for MBA (PGP) from IIM Lucknow?
A: Work experience is optional for PGP and PGP-Agri Business Management, but is mandatory for PGP-Sustainable Management. For this course, the candidate must have work experience of 24 months.
Q: How can I apply to IIM Lucknow’s MBA programme?
A: To apply for IIM Lucknow’s full-time MBA programme, candidates need to fill the CAT exam application form and select IIM Lucknow as one of the preferred institutes.
Q: What is the all India ranking of IIM Lucknow?
A: IIM Lucknow is ranked among top 10 B-Schools in India. In the MHRD-NIRF ranking 2024, IIM Lucknow is ranked at Number 6 among top 100 management institutes.
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