IIM Indore Courses & Fees 2027

Indore, Madhya PradeshAutonomous UniversityEstd 1996
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Collegedunia Team

Content Curator | Updated on - Sep 11, 2026

IIM Indore Fees 2027 for various courses start from INR 54,000 (For MDP) to INR 45.28 Lakhs (For IPM) for the entire course duration. The top courses of IIM Indore are IPM, EPGP, PGPM, PGPM.

  • IIM Indore offers 22 courses in various streams like Management, Science, Commerce, and Education.
  • The fees for IPM at IIM Indore are INR 45.28 Lakhs, while for the EPGP the fees are INR 26.77 Lakhs
  • The total fees for other top courses like PGPM and Ph.D are INR 25.16 Lakhs and INR 83,415 - INR 15 Lakhs
  • Prominent courses at IIM Indore include IPM, EPGP, PGPM, and Ph.D.

Go through the following article for the detailed fee structure for various courses offered at IIM Indore.


IIM Indore Courses and Fees 2027

The below-mentioned table shows various courses offered along with their latest fee structure. The most popular courses at IIM Indore are IPM having fees of INR 45.28 Lakhs, and EPGP having fees of INR 26.77 Lakhs for the complete course cycle.

Course Total Fees (INR)
IPM INR 45.28 Lakhs
EPGP INR 26.77 Lakhs
PGPM INR 25.16 Lakhs
Ph.D INR 83,415 - INR 15 Lakhs
IPBA INR 3.78 Lakhs
MDP INR 54,000
M.M.S INR 14 Lakhs
FDP INR 88,500

IIM Indore Fees Comparison With Previous Year

The below-mentioned table shows the comparison of IIM Indore fees 2027 with the previous year, 2025. The average fees of IIM Indore in 2027 increased by INR 3.03 Lakhs as compared to 2025.

Check the table below to know about the fees increase for various courses YoY.

Course 2027 Fees 2026 Fees Fees Verdict
IPM INR 45.28 Lakhs INR 35.65 Lakhs - INR 37.8 Lakhs increased
EPGP INR 26.77 Lakhs INR 2.4 Lakhs - INR 22.12 Lakhs increased
PGPM INR 25.16 Lakhs INR 18.42 Lakhs - INR 21.17 Lakhs increased
Ph.D INR 83,415 - INR 15 Lakhs INR 9.8 Lakhs - INR 15 Lakhs decreased
IPBA INR 3.78 Lakhs INR 99,000 - INR 5.9 Lakhs increased
MDP INR 54,000 INR 60,000 decreased
M.M.S INR 14 Lakhs INR 14 Lakhs remained same

To estimate your admission chances, check the latest IIM Indore Cutoff trends across categories.

IIM Indore IPM Fees 2027

IPM at IIM Indore is the most popular 5-year integrated program, with a seat intake of around 150 seats. The Fees for IPM are INR 45.28 Lakhs. The course eligibility required for admission in IPM is 10+2 + IPMAT.

Quick Highlights

Parameter Details
Duration 5 years
Seat Intake 150 seats
Total Fees INR 45.28 Lakhs
Eligibility 10+2 + IPMAT
Application Fee INR 4,130

Fee Trend: IPM fees have increased compared to last year, up from INR 35.65 Lakhs – 37.8 Lakhs in 2025 to INR 45.28 Lakhs in 2027, one of the steepest hikes among IIM Indore's courses this year.

Refer to the official IIM Indore IPM Admission Procedure for eligibility, selection stages (Aptitude Test + Personal Interview), and application fee details. [Download PDF]

IIM Indore Students’ Reddit Review 

According to the Reddit Review: An IIM Indore student shared that the faculty largely lives up to its reputation, describing most professors as knowledgeable and genuinely approachable. According to the student, the first two years are academically intense, covering math, statistics, economics, and humanities, while the third year opens up with faculty-led electives, including a generative AI course run by the IPM Chair and an outdoor trek option in Uttarakhand. The student noted the programme's grading is relatively challenging, and cautioned that students who aren't academically inclined may find it difficult to keep up.

Source: Reddit

Source: Reddit

IIM Indore EPGP Fees 2027

EPGP at IIM Indore is a 1-year program. EPGP fees are INR 26.77 Lakhs. The course eligibility required for admission in EPGP is Graduation with 50% + GMAT.

Quick Highlights

Parameter Details
Duration 1 year
Total Fees INR 26.77 Lakhs
Eligibility Graduation with 50% + GMAT
Application Fee INR 2,500 – 10,030

Fee Trend: EPGP fees have also risen this year, from INR 2.4 Lakhs – 22.12 Lakhs in 2025 to INR 26.77 Lakhs in 2027 with an increase of up to INR 5.65 Lakhs at the top end, depending on the specialization chosen.

IIM Indore PGPM Fees 2027

PGPM at IIM Indore is a 2-year PG program offered in 1 specialization. The Fees for PGPM are INR 25.16 Lakhs. The course eligibility required for admission in PGPM is Graduation with 50% + CAT.

Quick Highlights

Parameter Details
Duration 2 years
Total Fees INR 25.16 Lakhs
Eligibility Graduation with 50% + CAT
Application Fee INR 8,500

IIM Indore PGPM fees for General Candidates

General candidates applying for PGPM at IIM Indore are required to pay INR 25.16 Lakhs. This cost includes the following components:

Fee Component Amount (INR)
Tuition Fee 24 Lakhs
Caution Fee (Refundable) 50,000
Alumni Fee 11,800
Total 25.16 Lakhs

IIM Indore PGPM fees for NRI Candidates

NRI candidates applying for PGPM at IIM Indore must pay INR 37.16 Lakhs. This cost includes the following components:

Fee Component Amount (INR)
Tuition Fee 36 Lakhs
Caution Fee (Refundable) 50,000
Alumni Fee 11,800
Total 37.16 Lakhs

IIM Indore Application Fees

Students willing to take admission at IIM Indore are required to pay an amount as application fees at the time of admission for booking their seat in that course. The details of application fees for some of the top courses are as follows:

Course Application Fee (INR)
IPM INR 4,130
EPGP INR 2,500 – INR 10,030
PGPM INR 8,500
Ph.D INR 1,000
Executive Doctoral Programme INR 3.540
IPBA INR 15,000
PG Certificate INR 10,000
Ex-PGDM INR 10,000

For the full application timeline and process, see the detailed IIM Indore Admission 2027 guide

IIM Indore Refund Policy

IIM Indore follows refund guidelines in line with regulatory norms applicable to management institutes. The refund of fees depends on the timing of withdrawal and the institute's official admission schedule.

Generally, refunds are processed based on how early a student cancels their admission. A portion of the fee may be deducted as processing or administrative charges. The refundable Caution Fee is returned as per program-specific terms upon course completion or eligible withdrawal.

Important Points regarding IIM Indore's refund policy:

  • Refund eligibility depends on the withdrawal date and institute rules
  • A processing/administrative fee may be deducted from the refundable amount
  • The Caution Fee is refundable subject to program terms and conditions
  • Refunds are usually processed within a few weeks after approval
  • Students must refer to the official IIM Indore refund policy for exact details

IIM Indore Scholarship & Financial Aid

IIM Indore offers a variety of scholarships for meritorious students, helping reduce the overall cost of education and making fees more affordable. Students can avail these scholarships to manage their total course fees within a comfortable budget. The university, along with the government, provides multiple financial aid options. Some of the top government IIM Indore scholarships for students are listed below:

Scholarship Scheme Eligibility Amount
Need-Based Financial Assistance PGP, IPM, or PGPH students with family income less than INR 12 Lakhs per annum Financial assistance based on Family income
Central Sector Scholarship Students from the ST category Tuition Fee waiver 

Industry-Sponsored Merit Scholarships

Merit Based INR 50,000 - INR 1.50 Lakhs

Popular Colleges Compared With IIM Indore

Students willing to take admission in IIM Indore can also check the following options, which are quite good like IIM Indore, and offer the same or nearly the same quality.

College Name Fees Average Package
FMS Delhi 1.47 Lakhs 45.23 Lakhs
SPJIMR 8.74 Lakhs 33.75 Lakhs
MDI Gurgaon 15.56 Lakhs 29.5 Lakhs
IIFT Delhi 5.06 Lakhs 31.3 Lakhs
IIM Kozhikode 13.83 Lakhs 28.18 Lakhs
XLRI Jamshedpur 8.48 Lakhs 31.4 Lakhs
IIM Ahmedabad 14.23 Lakhs 35.23 Lakhs
NMIMS Mumbai 10.26 Lakhs 25.13 Lakhs
IIM Mumbai 9.96 Lakhs 30.11 Lakhs

IIM Indore Courses and Fees FAQs

Ques. Is there any financial assistance at IIM Indore based on family income?

Ans. Yes, IIM Indore offers Need-Based Financial Assistance (NBFA) to those students whose family income is less than INR 9 lakh per annum, in addition to merit scholarships

Ques. Does the total course fee at IIM Indore have hostel and mess fees included?

Ans. IIM Indore generally covers hostel accommodation, mess charges, and access to other campus facilities in all the courses; however, it may vary by program. Students can confirm the final fees before admission.

Ques. Can I pay the fees in installments at IIM Indore?

Ans. Students at IIM Indore genrally uses education loan facility because of the institute’s credibility with lenders. The institute also allows fees payment that can be made in a set number of installments.

Ques. Is there an increase in the fees every year at IIM Indore?

Ans. Yes, according to the past year’s data, IIM Indore programs have seen increases in the fees in 2027 as compared to 2026. The fees are further subject to revision in the upcoming academic session.

Ques. What are the other options apart from IIM Indore where students can look?

Ans. Other top options apart from IIM Indore include FMS Delhi, SPJIMR, MDI Gurgaon.

Ques. Is IIM Indore a good option to apply to? How are the placements at IIM Indore

Ans. IIM Indore is a great option with good ROI. It offers good placements with an average package of INR 27.27 Lakhs.

Courses Offered By IIM Indore 2026

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IIM Indore Integrated Programme in Management [IPM]: Students' Opinion

  • Integrated Programme in Management [IPM]
  • PGPM Human Resources
  • PGPM General

AI-Generated Summary based on 17 Reviews

Fees at the Indian Institute of Management for the Integrated Programme in Management (IPM) consist of different components over the course of five years. The first three undergraduate years incur a tuition fee of approximately 5- 6 lakh per year, while the subsequent two years, aligning with the postgraduate program, increase to 10- 12 lakh per year. The total estimated cost for completion of the IPM program is 40- 50 lakh.

Additionally, there is a refundable security deposit of 50,000, and a mess fee of 50,000 per year. The institute offers need-based financial assistance for families with an annual income of less than 12 lakh, which covers the interest on educational loans. About 20% of the batch typically qualifies for this assistance. Furthermore, private, public, and state-backed scholarships are available, providing financial relief to eligible students. The total scholarship coverage varies, with some scholarships offering amounts from 40,000 per year to complete tuition fee waivers.

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IIM Indore: 9 Answered Questions

Why is there an integrated course of BBA MBA in IIM Indore only?

Bhaskar Das
Darryl ThomasStudied at Indian Institute of Management Indore

At present, IIM Indore is not the only IIM that offers BBA + MBA courses. IIM Indore and IIM Rohtak have been offering the five-year integrated course in MBA for undergraduate students for a few years now.

In 2021, IIM Ranchi, IIM Jammu, and IIM Bodh Gaya also introduced IPM degree courses for students after Class 12. 

The Five Year Integrated Programme in Management (IPM), is a unique program that aims to meet the aspirations of young students to become management professionals. Admission to this program is done through the JIPMAT entrance exam followed by Written Ability Test (WAT) and Personal Interview (PI).

Some more benefits of the course include: 

  • You can save time and money by combining both undergraduate and postgraduate courses.
  • The program builds commercial and management skills for a successful management career.
  • You will learn marketing, finance, operations, strategy, and entrepreneurship.
  • The competitive program requires a written test, personal interview, and academic record.
  • Employers value the program,and alumni work for top Indian and international firms.
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Which are the top branded institutes/colleges/university in India like IIM Indore IPM for doing dual courses of BBA+MBA after 12th Commerce?

Rohini Mishra
Vihaan SharmaIPM from Indian Institute of Management Rohtak (Graduated 2022)

IPM is a five-year integrated management program that combines either a BBA or BMS with an MBA. Students who want to pursue careers in management and leadership after completing their XIIth or higher secondary education can register for these courses. Only students who are certain of their goals and who are interested in management should enroll in this integrated course because, over the course of five years, they will only learn about business management and how to become the ideal manager.
These integrated programs are unique in that they offer dual degree programs as well. A second entrance exam is not required in order to enroll in a graduate program. To enroll in the course, there is only one entrance exam.
The following list includes some of the top IPM colleges in India along with information on how to apply.

  • IIM Indore launched the IPM program in 2011 for young students who wanted to go into management or leadership after finishing their XII classes. The program's learning objectives are broken down into the first three years of the bachelor's program, and the following two years will follow the PG program's curriculum.
  • IIM Rohtak launched the IPM program in 2019 and was successful in quickly filling 150 seats.

IPMAT is the entrance exam for IPM (as opposed to IPMAT for IIMI), and it has a different exam format and scoring system than IIM I. Following WAT and Interviews at designated IIM R locations, the second round is conducted.

  • The oldest existing university is Mumbai University, which is situated in Mumbai, Maharashtra (1857). With 60 seats available for the course, it offers an integrated management program that divides the first three years into a BMS degree and the final two years into an MBA degree.
  • Following the 12th grade, Jindal Global Business School has developed this innovative and distinctive course of an integrated program that includes BBA(Hons)+MBA and lasts for five years. It is a course that equips students with a global outlook through a special approach to learning and communication. 
Choosing a college wisely has become increasingly important, so students should not only pay attention to the college's physical facilities but also to the curriculum it will use for their semesters. This provides students with a clear picture of the courses they will be taking at that specific college. One thing to keep in mind when reviewing the curriculum is that UG courses shouldn't be repeated in PG courses because this would lessen the integrity of the courses and allow students to observe evolution in them.

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What should I prefer, IPM IIM Indore or a B.Tech from IIT/NIT?

Jason JoseIIT Kanpur

For admission to its five-year course, IPM, IIM Indore administers the IPMAT aptitude test (Integrated Program in Management). IIM Indore offers IPM as a dual degree program (bachelor's + master's) for students who have completed the 12th grade. It is a program that enables entry into an IIM immediately following the 12th grade.

IIM offers a much better compensation package than any IIT or NIT. With the exception of a select few, the number of engineers in this group increased significantly.

Consider the following factors before choosing a college:

When it comes to partnerships with businesses and foreign institutions, IIM is the best. This greatly aids a college's growth and ability to improve its placements, ranking, and access to education abroad. 

One of the most significant social influences today is brand, which has an impact on those in your immediate vicinity. IIM Indore has recorded a 6% increase in average salary, which has increased to Rs. 25.01 lakhs per annum in placement 2022 from Rs. 23.6 lakhs per annum last year. The average salary of the top 100 students in the batch has also increased, to Rs. 37.95 LPA from Rs. 33 LPA last year. In Placement 2022, the highest salary was Rs. 49 LPA, compared to Rs. 41.5 LPA the previous year.

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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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Which course is better: MBA Tech from NMIMS or IPM from IIM Indore?

Sounak Banerjee
Shruti MishraLives in Mumbai, Maharashtra, India

IIM Indore IPM is a better option than an MBA Tech from NMIMS. Being an IIM, it offers better exposure. The academics, faculties, and infrastructure are top-notch. IIM Indore IPM placements have been pretty good over the last few years. According to the recent placement drive, students received an average CTC of INR 22 LPA. 

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Do we need to prepare CAT for the IPM course of IIM Indore?

Barkha TanejaStudied MBA Marketing & Sales, Indian Institute of Management Indore (2010)

For the IPM course of IIM Indore, there is a particular IPM paper that takes place for admission. The format of the paper has changed over the past 3 years. CAT and the IPM exam conducted by the IIM Indore are both different. The format of the IPM paper is as follows:

  • 40 Questions - MCQ Type - 40 minutes (Quantitative Ability) 
  • 20 Questions - Short Answer Type - 40 minutes (Quantitative Ability) 
  • 40 Questions - MCQ - 40 minutes (Verbal Ability) 

Although both CAT and IPM exams are different, the format of both of them is the same. Some short answer-type questions are not MCQ type and are slightly different. Although the maths section is higher than the other section in the exam due to the short answer-type questions, the difficulty level would not be much. The cut-off for Quantitative Ability of the IPM exam is nearly 25-30%, therefore you need to go through a lot of Advanced Mathematics and should practice the CAT level mathematics well. According to the marking scheme, Each correct answer is +4 in the exam, and for the wrong answer, there is -1. This negative marking scheme is not applicable for the short answer questions. 

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Is IIM Indore doing right by adding courses after courses like IPM, Mumbai Campus and now PGP-HRM?

Swati RajStudied at Indian Institute of Management Indore

Courses like IPM and PGP-HRM are bold, outstanding, and pathbreaking. It took great hard work for the decision-makers to start these courses. However, the amount of success for these completely depends upon the intention.

The real question would be, “Why IPM? Why Mumbai Campus? And why opting for HRM course?”. If the answer to all of these questions is “Money” then whether IIM Indore is doing right or not will depend on the number of admissions, fees, and the ROI.

If the answer to your question is “for a good career”, then the success completely depends upon the faculty, facilities, and placements. Even if the intentions are considered to be good, most government bodies do not take the lead and act from the front. 

It is very confusing to say if the students are too ignorant to believe what they see or if the institutions are providing incorrect information

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What are the UG courses in IIM Indore?

Aarogya TiwariStudied at IIM Indore (2019)

You will have a plethora of combinations to choose from. Let me tell you about some of your options:

  • You can think of joining streams like business & management, IT & Software banking, Finance & Insurance, Mass Media, Communication as well as Health Sciences if they pique your fancy.
  • There are a lot of MBA, PGDM, and certificate courses you can enroll into.
  • When it comes to mode of study, you can choose between full-time, part-time, online as well as in class.
  • Your specializations can range from healthcare management, business analytics, investment banking, human resources right up to project management.

So you can pick and choose between a lot of options and see what meets your interest and choose a career path accordingly. 

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Is a 4-year tri city BBA course of SPJ better than a 5-year IPM at IIM Indore?

Charu MalikStudied at Integrated Programme in Management, IIM Indore (2021)

IPM does not offer a BBA degree but you will receive a BA degree for your undergrad coursework (Foundations in Management). The subjects taught at the undergraduate level are vastly different from those taught in any other BBA program. Any decision based on an assumption about the IPM curriculum can land you in big trouble.

Returning to the question, I'm not familiar with the specifics of the four-year Tri-City programme, but I'm sure it entails a lot of learning from an institute like SPJ. 

  • Having said that, IPM and the aforementioned course can be compared on the same scale.
  • Two degrees from IIM Indore (one of which is the regular MBA that other PGP participants are entitled to) is an incredible value that cannot be matched by any other BBA programme in the country. 
  • Other benefits include the environment and opportunities that come with being a student at an IIM.

Comparisons can be made when other IIMs launch courses similar to IPM, which does not appear to be happening anytime soon. Until then, IPM would be a clear winner in terms of undergrad management education. 

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