Indian Institute of Management Indore : Fees 2026 Details, PGP, PGP-HRM, PGP-MX, IPM, EPGP and Scholarships
Indore, Madhya Pradesh
Approved By:MHRD
Government
Estd: 1996
Gender: Coed
Indian Institute of Management (IIM), Indore Fees Overview
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.
Indian Institute of Management Indore Fees Details
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.
Course Name | Total Fees |
Post Graduate Programme in Management (PGP) | INR 20,00,000 (Indian Students) |
Executive Post Graduate Programme in Management (EPGP) | INR 26,76,800 (Indian Students) |
Integrated Programme in Management (IPM) | INR 38,29,833 (Indian Students) |
Post Graduate Programme in Human Resource Management (PGP-HRM) | INR 33,67,600 (Indian Students) |
Post Graduate Programme in Management for Executives in Mumbai (PGP-MX) | 17,60,000 |
IIM Indore MBA- PGP Fee Structure
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.
Fee Component | Indian Students (via CAT) | International / NRI Students (via GMAT/SAT) |
Course Fee (per year) | ₹10,00,000 | ₹15,00,000 |
Total Course Fee (2 years) | ₹20,00,000 | ₹30,00,000 |
Alumni Fee (one-time) | ₹10,000 | ₹10,000 |
GST @18% (on Alumni Fee) | ₹1,800 | ₹1,800 |
Refundable Caution Deposit* | ₹50,000 | ₹50,000 |
Mess Deposit | ₹54,000 | ₹54,000 |
Total Payable (Year 1) | ₹11,04,000 | ₹16,04,000 |
Total Payable (Year 2) | ₹10,11,800 | ₹15,11,800 |
Grand Total (2 years) | ₹21,15,800 | ₹31,15,800 |
Payment Schedule (per year) | Three instalments | Three instalments |
Mode of Payment | Paid directly to IIM Indore’s account. Mess fee paid to the Student Mess Committee. | Paid directly to IIM Indore’s account. Mess fee paid to the Student Mess Committee. |
Refund Policy | ₹50,000 caution deposit refunded after course completion (after adjusting Mediclaim or other dues). | ₹50,000 caution deposit refunded after course completion (after adjusting Mediclaim or other dues). |
Reservation Policy | Applicable as per Government of India norms: | Not applicable (IIM Indore Admissions are based purely on merit and GMAT score). |
IIM Indore MBA - EPGP Fee Structure
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.
Fee Head | Academic Year 2025–26 (1st Year) | Academic Year 2026–27 (2nd Year) | Applicable For |
Course Fee | INR 8,00,000 + INR 2,75,000 + INR 2,75,000 + INR 2,50,000 = INR 16,00,000 | INR 9,25,000 + INR 3,15,000 + INR 3,05,000 = INR 15,45,000 | Indian Students |
Medical Insurance Premium* | INR 700 (per year, on actuals) | INR 700 (per year, on actuals) | Indian Students |
Refundable Caution Deposit | INR 50,000 (one-time, refundable) | – | Indian Students |
Mess Deposit | INR 18,000 per term × 4 = INR 72,000 (paid directly to Mess Committee) | Optional (for 2nd Year students) | Indian Students |
Alumni Fee (with 18% GST) | – | INR 11,800 (one-time, non-refundable) | Indian Students |
Grand Total (Approx.) | INR 18,09,400 (for 1st Year) | INR 15,58,200 (for 2nd Year) | Indian Students |
International Applicants | Fees for international students are not separately listed by IIM Indore. Such students are advised to contact the Admissions Office directly for official fee details. |
| International Students |
IIM Indore IPM Fee Structure
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.
Fee Component | Indian Nationals | Foreign / International Nationals |
Total Programme Fee (5 years) | INR 38,29,833 (for the entire programme) | INR 55,79,837 (for the entire programme) |
Payment Mode | Payable in yearly instalments before the start of each academic year | Payable in yearly instalments before the start of each academic year |
Yearly Course Fee Breakup | 1st-3rd Year: INR 5,00,000 per year | 1st-3rd Year: INR 7,00,000 per year |
Refundable Caution Deposit | INR 50,000 (You’ll get your caution deposit back after finishing the course, once the Mediclaim insurance fee and any other pending charges are deducted) | INR 50,000 (You’ll get your caution deposit back after finishing the course, once the Mediclaim insurance fee and any other pending charges are deducted) |
Mess Deposit (per year) | INR 54,000 | INR 54,000 |
Mode of Payment | Course Fee to be paid directly to IIM Indore’s official bank The mess deposit will be paid to the Student Affairs Council (SAC) and will be adjusted based on the actual food bill. | Course Fee to be paid directly to IIM Indore’s official bank The mess deposit will be paid to the Student Affairs Council (SAC) and will be adjusted based on the actual food bill. |
Reservation Policy | As per Government of India norms: | Not applicable (Admission based purely on merit and valid SAT score.) |
IIM Indore PGP - HRM Fee Structure
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.
Fee Component | Indian Nationals | Foreign / International Nationals |
Total Programme Fee | INR 26,76,800 | INR 39,96,800 |
Payment Mode | Lump Sum - INR 26,40,000 or Instalments (with INR 10,00,000 Bank Guarantee) | Lump Sum - INR 39,60,000 or Instalments (with INR 10,00,000 Bank Guarantee) |
Installment Details (INR LPA) | 1st: INR 15,76,800 | 1st: INR 28,96,800 |
Commitment Fee (INR ) | INR 1,00,000 (non-refundable; payable at the time of acceptance of admission offer and adjusted in total fee) | INR 1,50,000 (non-refundable; payable at the time of acceptance of admission offer and adjusted in total fee) |
Refundable Caution Deposit | INR 25,000 (refunded after programme completion, subject to deductions) | INR 25,000 (refunded after programme completion, subject to deductions) |
Alumni Membership Fee | INR 11,800 (including GST @18%) | INR 11,800 (including GST @18%) |
Fee Includes | Tuition and course materials Library and IT facilities Lodging and boarding on campus Alumni membership fee Academic component of international immersion | Tuition and course materials Library and IT facilities Lodging and boarding on campus Alumni membership fee Academic component of international immersion |
Mode of Payment | Directly to IIM Indore’s official account | Directly to IIM Indore’s official account |
Reservation Policy | Applicable as per Government of India norms: SC - 15% | ST - 7.5% |
IIM Indore PGPMX Fee Structure
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.
Fee Type | Amount (INR ) | When to Pay | Extra Notes |
Commitment Fee | 1,00,000 | When you accept the admission offer | Adjusted in total fee |
Term I Fee | 2,85,000 | Before Term I starts | Includes INR 10,000 Alumni Fee (GST extra) |
Term II-VI Fees | 2,75,000 per term × 5 = 13,75,000 | Before each term begins | Pay term-wise |
Total Programme Fee | 17,60,000 | — | (Rupees Seventeen Lakh Sixty Thousand only) |
IIM Indore Scholarships
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
Scholarship | Amount | Type |
Aditya Birla Scholarship | INR 1,75,000 per year | Merit-based |
YES Bank Scholarship | INR 2,00,000 one-time | Merit-based (leadership focus) |
OP Jindal Scholarship (OPJEMS) | INR 1,50,000 | Merit-based |
Capital First MBA Scholarship | INR 1,00,000 per year | Need & Merit-based |
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
Name | Batch |
Abhinav Palaparthy | PGP 2021-23 |
R. Gokul | PGP 2021-23 |
Burhan Ashraf | PGP 2021-23 |
Shamayeta Chowdhury | PGP 2021-23 |
Namrata Vinayak Nerurkar | PGP 2019-21 |
Tejas Saxena | PGP 2018-20 |
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
Name | Batch |
Urvashi Saboo | PGP 2018-20 |
Lal Chand Poonia | PGP 2018-20 |
Shruti Aran | PGP 2018-20 |
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
Name | Batch |
Navni Bhatia | PGP 2017-19 |
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
Name | Batch |
Divya Surana | PGP 2018-20 |
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.
Event / Competition | Year | Achievement | Prize |
Myntra Stylbiz | 2021 | National Winners | INR 2,00,000 |
HUL LIME Season 9 | 2018 | National Winners | INR 10,00,000 |
NTPC Electron Quiz | 2018 | Winners – Samyak Ponangi & Shaurya Saxena | INR 25,000 each |
Steel-a-thon (Tata Steel) | 2017 | 1st Runner-up | INR 1,50,000 |
Pinnacle | 2017 | Winners (Team 3Marketeers) | INR 1,00,000 |
Nomura Case Study | 2015 | Winners – Prakhar Gupta & Shrey Singh | MacBook Air |
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.