Indian Institute of Management Indore : Fees 2026 Details, PGP, PGP-HRM, PGP-MX, IPM, EPGP and Scholarships
IIM Indore has different management programs, and each program has its own fee structure. These fees cover the hour of studies, projects, the teacher's assistance, study materials, and access to learning resources like libraries and labs. It thus provides that the students get all they need for their studies.
In the case of many programs, the fees also cover the cost of hostel accommodation, meals in the mess, and the use of other facilities on the campus. As the duration of the programs varies, some are one year, while others are two or five years, the total fees also change.
By paying the fees, students get full access to all the facilities available on the campus. Besides classrooms, computer labs, and auditoriums, they can also avail of the sports grounds and recreational areas. To facilitate the payment, the institute allows fees to be paid in installments so that students can manage the payments and still reap the full benefits of the campus and its resources.
Post Graduate Programme in management of IIM Indore is a two year, full time residential MBA programme, accredited by association of MBAs. The fees for the IIM Indore PGP course is different for Indian Students (via CAT) and International / NRI Students (via GMAT/SAT). Total Course Fee for IIM Indore PGP course is INR 20 Lakh for Indian nationals (Via CAT) and INR 30 Lakh for International / NRI Students (via GMAT/SAT).
The table below outlines the fee details for the Postgraduate Programme in Management (PGP) at IIM Indore. It includes the IIM Indore course fee, deposits, mess charges, and other payments. The fees are different for Indian and international students, and they can be paid in three parts to make it easier to manage.
The table below shows the fee details for the Post Graduate Programme in Human Resource Management (PGP-HRM) at IIM Indore. It includes the course fee, medical insurance, caution deposit, mess charges, and alumni fee. The fees are shown separately for the first and second year. International students should contact the Admissions Office for their fee details.
The table below shows the fee details for the Five-Year Integrated Programme in Management (IPM) at IIM Indore. It includes the total program fee, yearly course fees, caution deposit, and mess charges. The fees are different for Indian and international students and are paid in yearly instalments.
The table below shows the fee details for the Executive Post Graduate Programme in Management (EPGP) at IIM Indore. It includes the total program fee, instalment options, commitment fee, caution deposit, and alumni fee. The fees cover tuition, course materials, library and IT facilities, lodging, etc. Fees can be paid in full or in parts, and different amounts apply for Indian and international students.
The table below shows the fee details for the Post Graduate Program in Management for Working Executives (PGPMX) at IIM Indore, Mumbai campus. It includes the commitment fee, term-wise course fees, and alumni fee. The total program fee is divided into instalments, which are paid before the start of each term to make it easier for students to manage.
IIM Indore finances and encourages a variety of scholarships that not only help students handle their academic expenses but also acknowledge outstanding skills. Moreover, students secure scholarships at the national level and win competition awards from leading corporations and foundations regularly. This provides you with all the important scholarships, figures, beneficiaries and the steps to apply which makes it easy to understand what is accessible and how to apply.
Highlights of IIM Indore Scholarships
These are some of the most prestigious scholarships that IIM Indore students have received over the years.
Aditya Birla Scholarship
- Amount: INR 1,75,000 per year
- Type: Merit-based
- About: Offered by the Aditya Birla Group to outstanding management students across top B-schools in India.
- Selection Process: Based on academic excellence, leadership potential, and interviews.
Aditya Birla Scholarship Recipients
YES Bank Scholarship (YES ASPIRE)
- Amount: INR 2,00,000 (one-time grant)
- About: Recognizes students showing strong leadership skills, innovation, and social responsibility.
- Selection Process: Application, essay, and personal interview.
YES ASPIRE Recipients
OP Jindal Engineering & Management Scholarship (OPJEMS)
- Amount: INR 1,50,000
- Type: Merit-based
- About: Given to top students from leading management and engineering institutes in India.
- Selection Process: Online test followed by a personal interview.
OPJEMS Recipient
Capital First MBA Scholarship
- Amount: INR 1,00,000 per year
- Type: Merit-cum-need based
- About: Helps financially deserving MBA students with excellent academic records.
- Selection Process: Based on application, financial background, and telephonic interview.
Capital First MBA Scholarship Recipient
Competition Prizes & Awards
IIM Indore students also win cash prizes and awards through national competitions held by top organizations and institutions. These events not only provide exposure but also financial rewards and job opportunities.
Other Notable Wins:
- Tata Crucible (2018 & 2019) - Multiple wins and runner-ups
- BLoC Case Contests - National finalist positions
- Airtel iCreate Challenge - INR 75,000 cash prize
- RBI Policy Challenge - National 1st Runner-up
- Google Online Marketing Challenge - Asia-Pacific Region Winners
How These Scholarships & Awards Work
IIM Indore provides various kinds of scholarships and awards to inspire and assist its students. Reputed companies offer a few of them, and the rest are either based on competition or financial support. The steps involved are quite straightforward.
Additionally, some scholarships also hold interviews or group discussions. In the instance of competitions, students first enroll, then qualify for campus rounds, and finally compete at the national level to win awards or get job offers. Moreover, need-based scholarships consider not only academic performance but also family income before making a selection.
A) For Corporate Scholarships (like Aditya Birla, YES Bank, OPJEMS)
- Apply online or get nominated by the institute.
- Shortlisting based on academics, leadership, or essays.
- Final interview or group discussion.
- Scholarship awarded to selected candidates.
B) For Competition Prizes
- Register for the event (through campus or company portal).
- Clear campus rounds.
- Compete nationally and win prize money or IIM Indore placement offers.
C) For Need-based Support
- Some scholarships (like Capital First) consider both merit and financial background.
- Students need to submit income proofs and academic records.
Scholarship Application Checklist
Before applying, make sure you have these ready:
Updated Resume / CV
Academic Records (10th, 12th, UG, and current semester marks)
Statement of Purpose or Essay (if required)
Recommendation Letters (if required)
Income Certificate (for need-based scholarships)
ID Proof (Aadhaar, PAN, etc.)
Where to Get Updates
All official announcements and applications for scholarships or contests are shared through:
Student’s Corner - Student Scholarships section on the IIM Indore website.
Career Services Office/Administrative Office, for nomination-based awards.
Frequently Asked Questions
The fees at IIM Indore in 2025 depend on the course a student chooses. For the Post Graduate Programme in Management (PGP), the fee is INR 20,00,000 for Indian students and INR 30,00,000 for NRI students. The Executive Post Graduate Programme in Management (EPGP) costs INR 26,76,800 for Indian students and INR 39,96,800 for NRI students. The five-year Integrated Programme in Management (IPM) costs INR 38,29,833 for Indian students and INR 55,79,837 for NRI students. For the Post Graduate Programme in Human Resource Management (PGP-HRM), the fee is INR 33,67,600 for Indian students. Each course has its own fee structure based on the program level and duration.
The EPGP program at IIM Indore has different fees for each year. In the first year, the total cost is about INR 18,09,400. In the second year, the cost is about INR 15,58,200. This amount includes tuition and other academic charges. The EPGP is a premium executive program, so the fees are higher because it offers advanced learning, experienced faculty, and strong career benefits for working professionals.
The ROI (Return on Investment) of the IIM Indore PGP, which is equal to an MBA, is considered very strong. The total fee for the PGP program is about INR 20,00,000, while the highest salary for the 2023–25 batch reached around INR 70 LPA. This shows that students often receive job offers far higher than the fee they pay, making the programme a good investment for their future career.
For the first three years of the IPM program, which is similar to a BBA, the fee is INR 5,00,000 per year for Indian students. The total fee for the entire five-year IPM program is INR 38,29,833, but the first three years specifically follow the INR 5 lakh per year structure.
The IIM Indore Mumbai campus offers the PGPMX program, which is a two-year management course for working executives held on alternate weekends. The total fee for this program is INR 17,60,000. This course is designed for professionals who want to continue their job while studying.