Scholarships at IIT Madras' Department of Management Studies (DoMS) are available to students based on family income and academic performance. The tuition fees for the two-year program total approximately 8.5 lakhs, with overall expenses, including hostel and international programs, reaching around 12 lakhs. Despite this, IIT Madras remains one of the most affordable top management institutes in India, with annual fees close to 7 lakhs.
Financial assistance through bank loans and multiple financial aids, including support from the Alumni Association, are accessible. Additionally, students benefit from a foreign exchange program with partner universities, especially in Europe. The institute maintains a strong placement record, ensuring most students secure positions, although some choose to pursue opportunities independently.

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