IIM Indore Courses & Fees 2025

Indore, Madhya PradeshAutonomous UniversityEstd 1996
#69 For MBA By Financial Times 2025  
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Collegedunia Team

Content Curator | Updated on - Jul 10, 2025

IIM Indore Latest Updates and News

26 Feb, 2025

  • IIM Indore has released the fee structure for various Integrated and PG programs for the AY 2025-26. The Annual Fee for the PGP program is INR 11,04,679, while the fee for the IPM program is INR 6,04,679 per annum. For the detailed fee structure, Click Here.

IIM Indore Courses are offered at PG, Doctorate, PG Diploma level. There are 32 courses offered at IIM Indore. The courses are offered disciplines like Management, Science. IIM Indore courses includes IPM, Executive, PGPM, PG Program, M.Sc, Executive FPM, EFPM, GHPP, M.M.S. Popular courses at IIM Indore are IPM, Executive, PGPM.

  • IIM Indore Fees 2025-2026 is ₹ 60,000 - 35.65 Lakhs across all offered courses. IIM Indore PG Fees is ₹ 2 Lakhs - 35.65 Lakhs.

  • IIM Indore IPM Fees is ₹ 35.65 Lakhs for the entire 5 years duration.


  • IIM Indore Executive Fees is ₹ 2 Lakhs - 22.12 Lakhs for the entire 1 year duration.


  • IIM Indore PGPM Fees is ₹ 17.7 Lakhs - 20.63 Lakhs for the entire 2 years duration. The most popular PGPM specializations at IIM Indore are Human Resources.

    • IIM Indore PGPM Human Resources Fees is ₹ 17.88 Lakhs. Earlier, the fees was ₹ 18.42 Lakhs in 2024 - 2025.

  • IIM Indore also offers 14 part time courses which include Diploma, Certification, PG Certificate, IPBA, Executive Programme, Ex-PG Certificate. Popular part time course at IIM Indore is Diploma with total fees of 60,000.

IIM Indore Hostel Fee is ₹ 40,500.


IIM Indore Top Courses With Fees 2025

Course Eligibility Total Fees Hostel Fees
IPM 10+2 + IPMAT ₹ 35.65 Lakhs ₹ 40,500
Executive Graduation with 50% + GMAT ₹ 2 Lakhs - 22.12 Lakhs ₹ 40,500
PGPM Graduation with 50% + CAT ₹ 17.7 Lakhs - 20.63 Lakhs ₹ 40,500
PG Program Graduation with 50% ₹ 17.7 Lakhs - 20.63 Lakhs ₹ 40,500
M.Sc Graduation with 60% + DMAT ₹ 12 Lakhs ₹ 40,500
Executive FPM Post Graduation with 60% ₹ 9 Lakhs - 9.8 Lakhs ₹ 40,500
EFPM Post Graduation with 60% ₹ 9 Lakhs - 9.8 Lakhs ₹ 40,500
GHPP Graduation ₹ 1.11 Lakhs - 6 Lakhs ₹ 40,500
M.M.S Graduation ₹ 14 Lakhs ₹ 40,500
Diploma Working professionals ₹ 60,000 ₹ 40,500
Certification Diploma ₹ 1.11 Lakhs - 6 Lakhs ₹ 40,500
PG Certificate Graduation ₹ 2.4 Lakhs ₹ 40,500
IPBA Graduation ₹ 1.11 Lakhs - 6 Lakhs ₹ 40,500
Executive Programme Diploma ₹ 1.11 Lakhs - 6 Lakhs ₹ 40,500
Ex-PG Certificate Graduate ₹ 4.03 Lakhs ₹ 40,500

Table of Content

  1. IIM Indore IPM Fees 2025
  2. IIM Indore Executive Fees 2025
  3. IIM Indore PGPM Fees 2025
  4. IIM Indore PG Program Fees 2025
  5. IIM Indore M.Sc Fees 2025
  6. IIM Indore Scholarship
  7. IIM Indore FAQs

IIM Indore IPM Fees 2025

IIM Indore IPM 2025-2026 Fee is ₹ 35.65 Lakhs for the entire duration, with tuition fees of ₹ 35.65 Lakhs. IIM Indore IPM Detailed fee structure is as follows:

Fee Type Amount (INR)
Tuition Fee ₹ 35 Lakhs
Total Fee ₹ 35.65 Lakhs

IIM Indore Executive Fees 2025

IIM Indore Executive 2025-2026 Fee ranges from ₹ 2 Lakhs - 22.12 Lakhs for the entire duration, with tuition fees of ₹ 2 Lakhs - 22.12 Lakhs. IIM Indore Executive Detailed fee structure is as follows:

Fee Type Amount (INR)
Tuition Fee ₹ 21.12 Lakhs
Total Fee ₹ 2 Lakhs - 22.12 Lakhs

IIM Indore PGPM Fees 2025

IIM Indore PGPM 2025-2026 Fee ranges from ₹ 17.7 Lakhs - 20.63 Lakhs for the entire duration, with tuition fees of ₹ 17.7 Lakhs - 20.63 Lakhs. IIM Indore PGPM Detailed fee structure is as follows:

Fee Type Amount (INR)
Tuition Fee ₹ 16.6 Lakhs - 20 Lakhs
Caution Fee ₹ 50,000
Alumni Fee ₹ 11,800
Miscellaneous Fee ₹ 1,400
Total Fee ₹ 17.7 Lakhs - 20.63 Lakhs

IIM Indore PGPM is offered in 1 fields. For PGPM Admisssion, candidate must have Graduation with 50% + CAT. The detailed fees for PGPM Human Resources is as follows.

Fees (2025 - 2026) Year 1 (in INR) Year 2 (in INR)
Tuition Fees ₹800000 ₹925000
Caution Fee ₹50000 -
Alumni Fees - ₹11800
Miscellaneous Fees ₹700 ₹700
Yearly Fees ₹850700 ₹937500

* Fees is refundable

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IIM Indore PG Program Fees 2025

IIM Indore PG Program 2025-2026 Fee is ₹ 17.88 Lakhs for the entire duration, with tuition fees of ₹ 17.7 Lakhs - 20.63 Lakhs. IIM Indore PG Program fee structure is as follows:

Fee Type Amount (INR)
Total Fee ₹ 17.88 Lakhs

IIM Indore M.Sc Fees 2025

IIM Indore M.Sc 2025-2026 Fee is ₹ 12 Lakhs for the entire duration, with tuition fees of ₹ 12 Lakhs. IIM Indore M.Sc Detailed fee structure is as follows:

Fee Type Amount (INR)
Tuition Fee ₹ 12 Lakhs
Total Fee ₹ 12 Lakhs

IIM Indore M.Sc is offered in 1 fields. For M.Sc Admisssion, candidate must have Graduation with 60% + DMAT. The fees for M.Sc Data Science is as follows.

Fees (2025 - 2026) Total Fees
Total Fees (2025 - 2026) ₹12 Lakhs

* Fees is refundable

IIM Indore Fees for Other Courses 2025

IIM Indore fees for other PG, Doctorate, PG Diploma courses are as follows.

Course Eligibility Fees Previous Year Fees
Executive FPM Post Graduation with 60% ₹ 12 Lakhs -
EFPM Post Graduation with 60% ₹ 9.8 Lakhs -
GHPP Graduation ₹ 9.8 Lakhs ₹ 99,000 - 6 Lakhs
M.M.S Graduation ₹ 9.8 Lakhs ₹ 14 Lakhs
Diploma Working professionals ₹ 9.8 Lakhs -
Certification Diploma ₹ 2.06 Lakhs -
PG Certificate Graduation ₹ 2.4 Lakhs - 3.5 Lakhs -
IPBA Graduation ₹ 2.4 Lakhs - 3.5 Lakhs -
Executive Programme Diploma ₹ 2 Lakhs - 3 Lakhs -
Ex-PG Certificate Graduate ₹ 4.03 Lakhs -

IIM Indore Scholarship

IIM Indore offers scholarships for their students. Students can avail following scholarships during their academic years. The scholarships for UG and PG are mentioned below.

Scholarship Eligibility Amount
NSP (PM-USP) Yojana 80% in Class 12, AICTE recognized UG/PG courses, parental income ≤ ₹4.5 Lakhs ₹82,000 per annum
Must be in a regular course, maintain 50% marks and 75% attendance
National Scholarship for Postgraduate Studies (UGC) First-time PG students under 30 in UGC-recognized full-time programs ₹10,000 per year or ₹15,000 per month

IIM Indore Courses and Fees FAQs

Ques. What is the eligibility criteria for IPM at IIM Indore?

Ans. IPM is 5 years program. The Fees for IPM is ₹ 35.65 Lakhs. The eligibility criteria for IPM is 10+2 + IPMAT.

Ques. What is the IPM fees at IIM Indore?

Ans. The IPM fees at IIM Indore is ₹ 35.65 Lakhs. This includes tuition fees of ₹ 35 Lakhs.

Ques. What is the eligibility criteria for Executive at IIM Indore?

Ans. Executive is 1 year program. The Fees for Executive is ₹ 2 Lakhs - 22.12 Lakhs. The eligibility criteria for Executive is Graduation with 50% + GMAT.

Ques. What is the Executive fees at IIM Indore?

Ans. The Executive fees at IIM Indore is ₹ 2 Lakhs - 22.12 Lakhs. This includes tuition fees of ₹ 21.12 Lakhs.

Ques. What is the eligibility criteria for PGPM at IIM Indore?

Ans. PGPM is 2 years program. The Fees for PGPM is ₹ 17.7 Lakhs - 20.63 Lakhs. The eligibility criteria for PGPM is Graduation with 50% + CAT.

Ques. What is the PGPM fees at IIM Indore?

Ans. The PGPM fees at IIM Indore is ₹ 17.7 Lakhs - 20.63 Lakhs. This includes tuition fees of ₹ 16.6 Lakhs - 20 Lakhs.

Ques. What is the hostel fee at IIM Indore?

Ans. The Hostel fee for IIM Indore is ₹ 40,500.

Ques. How many courses are offered at IIM Indore? Also what are the popular courses at IIM Indore?

Ans. There are 32 courses offered at IIM Indore. The popular courses offered at IIM Indore are IPM, Executive, PGPM.

IIM Indore Fees & Eligibility

Full time Courses
CourseFeesEligibilityApplication DateAction
5.51 Lakhs (1st Year Fees) 10+2 + IPMAT27 Mar 2025
22.12 Lakhs (Total Fees) Graduation with 50% + GMAT-
8.51 Lakhs (1st Year Fees) Graduation with 50% + CAT1 Aug - 13 Sept 2025
10.51 Lakhs (1st Year Fees) Graduation with 50% + CAT1 Aug - 13 Sept 2025
9.35 Lakhs (1st Year Fees) Graduation with 50%1 Aug - 13 Sept 2025
12 Lakhs (Total Fees) Graduation with 60% + DMAT15 May - 25 Jun 2025
1.05 Lakhs (Total Fees) Graduation2 Mar 2025
7.5 Lakhs (1st Year Fees) Graduation-
6 Lakhs (Total Fees) Graduation2 Mar 2025
88,500 (Total Fees) Graduation-
Part time Courses
CourseFeesEligibilityApplication DateAction
Certification
4 Courses
1.6 Lakhs - 5.9 Lakhs (Total Fees) -2 Mar 2025
PG Certificate
2 Courses
2.4 Lakhs - 3.5 Lakhs (Total Fees) Graduation2 Mar 2025
3.2 Lakhs (Total Fees) Graduation2 Mar 2025
Executive Programme
2 Courses
2 Lakhs - 3 Lakhs (Total Fees) Diploma2 Mar 2025
2.06 Lakhs (Total Fees) Diploma2 Mar 2025
15 Lakhs (Total Fees) -14 Feb 2025

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Courses Offered By IIM Indore 2025

Select Degree and Streams to See Course Fees and Admission Details.

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Streams :
GeneralCorporate EducationHuman Resources ManagementManagerial StudiesData ScienceHealth Care ManagementBusiness AnalyticsMarketingBusiness ManagementProduct ManagementInvestment AnalystEducation ManagementSales ManagementDigital Marketing
Degree :
IPMExecutivePGPMPGPMPG ProgramM.ScCertificationPh.DM.M.SEDPGHPPIPBAFDPExecutive PGDMCertificationExecutive Doctoral PExecutive ProgrammePh.D (Exec.)PG Certificate
Program Type :
Full TimePart Time
3.6(6 Reviews)5 Years Full Time
#5out of 275 by India Today
(Based on 7.9K views last year)
427 Students have shown interest in the last 30 days

Eligibility:

10+2 + IPMAT

Application Date:

27 Mar 2025
Executive Post Graduate Program 
1st Yr Fees:₹22,11,800
3.5(1 Review)1 Year Full Time
#5out of 275 by India Today
(Based on 3.2K views last year)
60 Students have shown interest in the last 30 days

Eligibility:

Graduation with 50% + GMAT
4.2(62 Reviews)2 Years Full Time
#5out of 275 by India Today
(Based on 1.8K views last year)
44 Students have shown interest in the last 30 days

Eligibility:

Graduation with 50% + CAT

Application Date:

1 Aug - 13 Sept 2025

Insights Based on NIRF Ranking 2025

Male:  806|Female:  442

Student Intake (1248)

2470000

Median Salary

100%

Passing %

99%

Placement %

View All
4.2(62 Reviews)1 Courses2 Years Full Time
#5out of 275 by India Today
(Based on 1.8K views last year)
58 Students have shown interest in the last 30 days

Eligibility:

Graduation with 50% + CAT

Application Date:

1 Aug - 13 Sept 2025

Insights Based on NIRF Ranking 2025

Male:  806|Female:  442

Student Intake (1248)

2470000

Median Salary

100%

Passing %

99%

Placement %

View All
4.2(62 Reviews)2 Years Full Time
#5out of 275 by India Today
(Based on 792 views last year)
38 Students have shown interest in the last 30 days

Eligibility:

Graduation with 50%

Application Date:

1 Aug - 13 Sept 2025

Insights Based on NIRF Ranking 2025

Male:  806|Female:  442

Student Intake (1248)

2470000

Median Salary

100%

Passing %

99%

Placement %

View All

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1 Courses2 Years Full Time
(Based on 679 views last year)
56 Students have shown interest in the last 30 days

Eligibility:

Graduation with 60% + DMAT

Application Date:

15 May - 25 Jun 2025
4.7(1 Review)1 Courses3 Years Full Time
#5out of 275 by India Today
(Based on 51 views last year)

Eligibility:

Post Graduation + CAT/GRE/JRF

Application Date:

14 Feb 2025
Certification 
Total Fees:₹1.6 Lakhs - 5.9 Lakhs
4 Courses1 Year Part Time
#5out of 275 by India Today
(Based on 90 views last year)
2 Students have shown interest in the last 30 days

Eligibility:

Diploma

Application Date:

2 Mar 2025
2 Years Full Time
#5out of 275 by India Today
(Based on 44 views last year)
13 Students have shown interest in the last 30 days

Eligibility:

Graduation

Insights Based on NIRF Ranking 2025

Male:  806|Female:  442

Student Intake (1248)

2470000

Median Salary

100%

Passing %

99%

Placement %

View All
1 Courses 1 MonthFull Time
#5out of 275 by India Today
(Based on 44 views last year)

Eligibility:

Graduation

Application Date:

2 Mar 2025
9 MonthsFull Time
#5out of 275 by India Today
(Based on 36 views last year)
4 Students have shown interest in the last 30 days

Eligibility:

Graduation

Application Date:

2 Mar 2025
10 MonthsPart Time
#5out of 275 by India Today

Eligibility:

Graduation

Application Date:

2 Mar 2025
Full Time

Eligibility:

Graduation
3.5(1 Review)1 Courses1 Year 3 MonthsFull Time
#5out of 275 by India Today

Eligibility:

Graduation + CAT
1 Courses 3 MonthsPart Time
#5out of 275 by India Today

Eligibility:

Diploma

Application Date:

2 Mar 2025
4.7(1 Review)1 Courses4 Years Full Time
#5out of 275 by India Today

Eligibility:

Post Graduation + RAT

Application Date:

14 Feb 2025
Global Leadership Program 
Total Fees:₹6,00,000
1 Courses 9 MonthsFull Time
#5out of 275 by India Today

Eligibility:

Diploma

Application Date:

2 Mar 2025
Ph.D (Management) 
Total Fees:₹15,00,000
4.7(1 Review)1 Courses4 Years Part Time
#5out of 275 by India Today

Eligibility:

Post Graduation + CAT/GRE/JRF

Application Date:

14 Feb 2025
Post Graduate Certificate 
Total Fees:₹2.4 Lakhs - 3.5 Lakhs
2 Courses1 Year Part Time
(Based on 47 views last year)
9 Students have shown interest in the last 30 days

Eligibility:

Graduation

Application Date:

2 Mar 2025
Executive Programme 
Total Fees:₹2 Lakhs - 3 Lakhs
2 Courses1 Year Part Time
#5out of 275 by India Today

Eligibility:

Diploma

Application Date:

2 Mar 2025
Ph.D. (Executive) 
Total Fees:₹15,00,000
4.7(1 Review)4 Years Full Time
#5out of 275 by India Today

Eligibility:

Post Graduation with 60%

Application Date:

14 Feb 2025

Important Updates

IIM Indore Placement Highlights

Yearly Placement Package Comparison
Particulars202320222019
Median Package₹24.70 Lakhs₹24.09 Lakhs₹22.00 Lakhs
Yearly Students Placed
Particulars20232022
Student Admitted613601
Students Placed606565

Course Finder

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Why To Join IIM Indore - Reviews & Rating

4.3
& Win Monthly Prizes Up to ₹1 Lakh/-*
5(64%)
4(28%)
3(3%)
2(5%)
1(0%)

Academic
4.4
Faculty
4.3
Infrastructure
4.5
Accommodation
4.2
Social Life
4.3
Placement
4.2

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Nookala Akshara
5.0Helpful
Reviewed on May 4, 2025(Enrolled 2024)

Fees and Financial Aid:

The yearwise fee for the first three years is 6LPA including hostel, mess and cautionary fee. And for the 4th and 5th year, the standard MBA fees apply. All in all, by the end of 5th year you can expect a few of 50L for all the 5 years with miscellaneous expenses.
...Read More
Shujal Kumar Jain
2.4Helpful
Reviewed on Nov 19, 2024(Enrolled 2023)

Fees and Financial Aid:

There are private and public sector scholarships available for students, for IPM first 3 years incur a fee of 5 lakhs per year and 10 lakh per year for PGP 2 years. In total it incurs 40 lakh fee, it is one of a kind programme by the BLACKI IIMs. In India it is the best for UG+ PG. Foreign UG colleges are not worth it. NBFA is available for people with less than 12 lakhs of annual income, approximately 20% of the batch of students gets it and there are other scholarships, total students availing scholarships is close to 30%. Average amount for NBFA is the interest on the loan of students l, while for other scholarships, it varies from 40k per year to entire tuition fee of students. There is only a fee of 5 lakhs, mess fee of 50k per year can be considered, travel and other expenses are born by the institute. The tickets during vacations etc has to be given by students themselves.
...Read More
Manasvi
4.0Helpful
Reviewed on Sep 26, 2024(Enrolled 2024)

Fees and Financial Aid:

The fees for the first three years (undergraduate) are ?5-6 Lakh per year. The fees for the last two years (MBA) is ?10-12 lakh per year. There is a security deposit of ?50,000. Students of all categories pay the same fees, but there is an institute backed need based financial assistance scholarship which pays off the interest on loans taken by families whose incomes are less than 12 Lakh per annum. Other than this, there are state backed scholarships as well. There are no academics- only scholarships.
...Read More
Divyank
Divyank
4.0Helpful
Reviewed on Jun 26, 2024(Enrolled 2021)

Fees and Financial Aid:

You can pay the course fee in 4 installments they take 50000 as caution money deposite in first year you can also pay this caution money ammont in 3 installments fee structure was like middlclass familis can afford the studies of their child in this college. The organise placemnets on their basis. If you want job you can take the placement or not highest package in my time was34.5lpa.
...Read More
Ajay
Ajay
4.1Helpful
Reviewed on May 25, 2024(Enrolled 2023)

Fees and Financial Aid:

Tution fees is increasing year by year and it's negative point for poor students like me . The tution fees of whole course is 23 lakh and other expense is approximately 5 lakh in 2 year. Many scholarships provided by central government and institute. Institute also help to student for education loan.
...Read More
ADITYA PRAKASH
ADITYA PRAKASH
4.2Helpful
Reviewed on Mar 10, 2024(Enrolled 2023)

Fees and Financial Aid:

Fees are paid term wise about 3.5 lakhs and there is other mess charges about 20000 for term wise. Complete loan can be provided at the admission desk. 2 months summer internship is mandatory and stipend is given
...Read More
Maninder Singh
4.3
Reviewed on Jan 26, 2024(Enrolled 2022)

Fees and Financial Aid:

The fee is in line with all the top B schools. The cost to study is obviously a bit on the higher side. For general category students there are not much scholarships or benefits you can avail in terms of financial assistance.
...Read More
Mukul Jangid
Mukul Jangid
4.9
Reviewed on Jan 24, 2024(Enrolled 2023)

Fees and Financial Aid:

The fess is comparable with the all other peer Business schools of the nation. The Return on investement is really impressive and the fees structure is very well justified with the infrastructure and quality education provided. There are various scholarships which are run by college ,Government of India and other corporate leaders. The PGP office provides the required details of the scholarships timely and support the students throughout the process.
...Read More
Anurag
4.1
Reviewed on Jan 23, 2024(Enrolled 2023)

Fees and Financial Aid:

Cost of study is very high, but then so is the return on investment. It is on par with other institutes of its segment. Scholarships are present from the institute, state and central governments, but are somewhat hard to get as roughly only 10 to 15 stydents are selected for the same.
...Read More
ujjwal kumar
4.8Helpful
Reviewed on Jul 11, 2023(Enrolled 2023)

Fees and Financial Aid:

the fee structure is like around 20 lakhs without SEP (student exchange program) for the 2 years. frankly speaking, I don't know about all the scholarships till now as I am busy with lots of assignments and meetings by the seniors but yeah there is a need cum merit-based scholarships on campus. campus jobs are great like tons of companies visit and offering great roles with very good ctc. there is plenty of opportunities during the summer internship and final placement as well.
...Read More

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IIM Indore: 24 Answered Questions

Is IIM Indore’s Integrated Program in Business Analytics any good?

Atul Yadav
Gourav RajProject Manager at OpenText (company) (2016–present)

Choosing a Data Science Program is a difficult task because the market is flooded with these courses. All of the programs are in collaboration with prestigious universities.

The program includes a fantastic combination of IIM Indore. That, however, is no longer a challenge. The best part about Jigsaw is that they always have a listening ear—they are eager to learn about the challenges of the students and are resolved with the same responsibility. Every issue will be addressed and resolved.

The course is good; the more time you spend on it, the more knowledge you will gain. you will never be crippled with content as Jigsaw is having a pretty decent quality of content and is very easy to follow.

All weekend classes will be recorded and made available to you if you want to review the material. The course will walk you through the statistical methodologies and tools used by data scientists for data analysis and modeling.

You have both graded and non-graded assignments. Non-graded for practice and graded for completion of the course. The more you practice, the more confident you will become. You will complete a mini capstone and a capstone project to gain hands-on experience.

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What is the fee structure of IPM from IIM INDORE?

Yatika BansalStudied at IIM Indore

The IPM fee structure of IIM Indore was last updated on 16th June 2023, for the batch of 2023-28. 

For Resident Indian students, the course fee for the first 3 years is Rs. 5 Lakhs per year. This fee is Rs. 7.5 Lakhs per year for International students. Other fees include a Medical Insurance of Rs. 711 each year, a mess deposit of Rs. 54,000 each year, and a refundable caution deposit of Rs. 50,000 in the first year. The caution deposit is refunded after completing the 5 year course. The course fee for 4th and 5th year will be the same as the updated PGP fees for 2026-2028 batch.

The cost of lodging, tuition, internet facilities and library is all combined into the total course fee for each year. The course fee does not include textbook cost. The course and mess charges are payable in three installments. IPM students, during the first 3 years, get a shared accommodation. Single room accommodation is made available for 4th and 5th year students. 

This is the complete breakdown of fee structure for IPM at IIM Indore.

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Should I join IIM Indore's one-year MBA course (EPGP) or continue working, given the bad placement scenario for the course? Or should I try for better colleges in India?

Rohini Mishra
Nitesh KumarManagement Student at IIM Indore, Mumbai Campus

The placement opportunities for an Executive MBA at IIM Indore or In fact any other IIM are very limited. They depend on the batch itself and may be good or bad depending on the current batch profile and expectations. Moreover, people don’t pursue EMBA to get placed in a high salary package. They already have a job with a high package. What they are looking for is an enhancement of their managerial skills and the IIM tag.

So I will not recommend you leave your high-paying job and pursue EMBA especially if you are looking for a better CTC. Not even other B Schools will get you a high package right off the bat. But if you are still adamant about pursuing the program you may take a study leave I suggest. 

An MBA helps you in the long run and not instantly. You should be willing to take the risk for maximum results.

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What is the fee structure for IIM Indore?

Shruti DasStudied at Indian Institute of Management, Indore, (2020)

As per the updated fee structure for PGP program (batch 2023-2025), the course fee for Indian residents is Rs. 10 Lakhs per year. It is Rs. 15 Lakhs per year for International students. 

Other fees include a medical insurance premium of Rs. 679 per year, a mess deposit of Rs. 54,000 in the first year, and a refundable caution deposit of Rs. 50,000 in the first year. The course fee and mess deposit is payable in three installments. An alumni fee of Rs. 11,800 is payable in the second year.

For more details, you can visit the official website of IIM Indore.

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I can't afford the fees of IIM Indore IPM. Should I stop dreaming about it?

Shruti DasStudied at Indian Institute of Management, Indore, (2020)

You must not give up your dream of joining IPM at IIM Indore just because of financial constraints. 

IIM Indore provides financial assistance to students who need it. The Need Based Financial Assistance (NBFA) at IIM Indore makes sure that no student is deprived of education at the prestigious college simply because of lack of finances. Every IPM student with a family income below 9LPA is eligible to apply for financial aid. 

The NBFA committee decides the number of awardees and the amount of aid. A certain amount is provided for eligible students by the committee, which differs from year to year. The family income and assets of the student are considered before deciding the aid amount. The disciplinary records of a student are also looked into before offering aid. Other than that, banks also offer education loans to students of IIM Indore. 

Do not give up on your aim, and work hard to secure a seat into IPM at IIM Indore.

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I can’t afford the fees of IIM Indore IPM. Should I stop dreaming about it?

Sapna Malik
SagardeepThe Banyan Tree School, Delhi (Graduated 2015)

Coming from a financially challenging background, it is highly unlikely that you are interested in management purely out of interest. Now, you can think about IPM if you want to study management. Banks will grant loans to you without requiring much in the way of security. Additionally, since those loans will be your responsibility, your parents won't be responsible if you later become unable to make your payments due to unforeseeable circumstances.

Now for the next thing. Since you haven't specified your level of knowledge and skills, If you are currently brilliant, my recommendation is that you enroll in any graduate program that you like or would be your second choice. Look into B.Com and BBA as they can be sensible options, and if your interest still holds after earning your bachelor's degree, try to get into FPM or IIM Indore.

IPM isn't simple to get into, and if you stop and think about it, you can get along just fine without it too.

TLDR: Of the top 20 or 30 B-schools, IPM has one of the lowest ROIs. An MBA will cost you INR 14 while giving you a better understanding if you want to pursue management. Your entire course fee may be around INR 30 lakhs.

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What do you have to say to a student who just got into IIM Indore's IPM program?

Prakhar SahuManagement Student at IIM Indore, Mumbai Campus

My friend is a senior at IIM Indore for the same course. As a senior, he has the following pieces of advice and recommendations for his juniors.

  • Spend quality time with your family and friends before joining. Do things you have been willing to do for a long time but couldn't. This is because once you begin your hectic life here, you won't get time for anything else.
  • Refrain from being a part of any clubs and fests in the initial year. Rather focus more on academics.
  • Your peers will be from diverse backgrounds. Some may find it difficult to interact with them. It's okay if you don't befriend them just don't look down on anyone. Everyone here is a genius who has made it into an IIM after many struggles. On the brighter side, peers from all over the country add to the experience and fun.
  • Try to make the most out of the library of the institution. You have a prior subscription included in your fees so you are free to explore the huge variety of books here.
  • Read the IPM Manual given in the orientation thoroughly.
  • Inculcate some extra skills like Excel or typing that might come handy in the future.
  • Don't hesitate from approaching the professors for any kind of doubts. They are very humble and cooperative.
  • Seek help from our seniors as they are more than ready to help in any situation.
  • Last and most important, learn basic E-mail writing etiquette before the actual program begins. This will save you from embarrassing yourself in the future.

All these points will help you avoid some major blunders committed by seniors. But remember everyone makes mistakes in their college life. What matters is how you tackle it and what you learn from it.

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What is the total annual expense of IIM Indore IPM Programme?

Sapna Malik
Yatika BansalStudied at IIM Indore

The IPM fee structure is different for domestic and international students. 

As per the latest update on 16th June 2023, a resident Indian student is charged Rs. 5 Lakhs per year as course fee, for the first three years of the IPM program. Rs. 711 is payable per year as medical insurance premium, and Rs. 54,000 is payable each year as mess deposit. 

Rs. 50,000 is payable in the first year as a refundable caution deposit. This amount is refunded on completing 5 years of IPM. This brings the grand total to Rs. 5,54,711 per year (Rs. 6,04,711 for 1st year). As for the 4th and 5th year, the fee will be charged on the basis of the updated PGP fee structure for the 2026-2028 batch. As for now, the course fee for the same is Rs. 10 Lakhs per year. 

This is the breakdown of the present IPM course fee at IIM Indore. You can visit the official website of IIM Indore for more details.

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Which program is better, PGP HRM at IIM Indore or PGPM at IIM Sambalpur?

Sidhharth JainDirector, T.I.M.E, Pune IIT, IIM Grad. 30 yrs INTL Corp exp

A specific program at one IIM cannot be compared to a general program at another IIM.

In any case, you shouldn't think about enrolling in a course at IIM Sambalpur. It is too recent and has no prior performance. Additionally, given its location, it won't even draw in top faculty. Instead of IIM Sambalpur, you would be much better off attending some high-quality non-IIM colleges.

The best institute for HR professionals is currently XLRI, followed by TISS, Mumbai. Considering that IIMI is one of the top IIMs and has a brand-new HR program, your learning and employment prospects are both promising. However, make sure you enjoy HR. It is practically impossible to later switch out of HR once you are in it.

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How is an executive MBA from IIM Indore?

Jasmine Grover
Bhavana RoyStudied at Indian Institute of Management Indore (Graduated 2020)

IIM Indore is one of the top management schools among the group of 20 Indian Institutes of Management which is located in the city of Indore, Madhya Pradesh.

Particulars

IIM Indore Executive MBA 2022

Fee Structure

INR 2,111,800 (Total Fees)

Course Duration

1 year

Course Type

On-Campus (Full-time)

Entrance Exam

GMAT

Admission Process

  • Admission for the Executive Program is through the GMAT (Graduate Management Aptitude Test) exam. The GMAT exam can be given 5 times in 12 months with a gap of at least 16 days between consecutive attempts. 
  • A relevant 5 years of Work Experience is a mandatory prerequisite for getting into IIM Indore Executive MBA Programme. 

Placements 

Number of participants: 57

Number of on-campus offers: 57

Number of off-campus offers: 2

Number of students opted out: 4

IIM Indore EPGP highest salary: INR 70 LPA

IIM Indore EPGP average salary: INR 25.9 LPA

IIM Indore EPGP median salary: INR 23.6 LPA

Major sectors: Consulting (42%), IT/Product/Analytics (40%)

Top recruiters: Accenture, Cognizant, Cogoport, EY, IBM, Jio, Infosys etc

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