IIM Indore IPM : Fees 2026, Course Duration, Dates, Eligibility

Indore, Madhya PradeshAutonomous UniversityEstd 1996
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Collegedunia Team

Content Curator | Updated on - Jan 31, 2026

IPM at IIM Indore is a 5 years, Full Time Degree program offered On Campus. It offers a limited number of 150 seats.

  • The total fees for the IPM program at IIM Indore is ₹ 44.8 Lakhs.
  • Students need to pay ₹ 7.05 Lakhs in the first year.

According to Collegedunia Management Ranking 2025, IIM Indore ranks 13 out of 372 colleges in India with an overall score of 1861 out of 2000 and a placement score of 873 out of 1000. India Today Management ranking 2024, ranks IIM Indore at 5 out of 275 in India.

Find detailed IIM Indore IPM fees, eligibility, admission dates, cutoff and ranking below.

Course HighlightsDetails
duration5 Years (Full Time)
course levelPG (Degree)
mode of studyOn Campus
total fees₹ 44.8 Lakhs
eligibility10+2 + IPMAT
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146 Studentsshown interest in the last 30 days

IIM Indore Latest Updates and News

Key Updates1
Other Updates1

27 Jan, 2026 IIM Indore IPM (BBA+MBA) Fee Structure 2026 has been released. The total academic fee is ₹ 44.8 Lakhs. Read more.

IIM Indore Important Events

IPM (IPMAT Indore)1

IIM Indore IPM Fees

IIM Indore IPM fees 2026 is ₹ 44.8 Lakhs for the entire course duration.
  • This includes a total tuition fee of ₹ 42 Lakhs, Caution Fees of ₹ 50,000, Other Fees of ₹ 2.3 Lakhs.
  • Candidates need to pay ₹ 7.05 Lakhs in the first year.

For students applying under the NRI quota for admission, the total course fee for IPM at IIM Indore is ₹ 65.8 Lakhs.

Earlier, IPM fees at IIM Indore was ₹ 37.8 Lakhs (in 2025) for the entire course duration. This shows a fee increase of ₹ 7 Lakhs over the year.

Compare IIM Indore IPM Fees with Similar Colleges

Students have an option to pursue IPM from similar colleges such as IIM Indore, IIM Rohtak, IIM Shillong, IIM Ranchi. Similar to IIM Indore, IPM at these group colleges is offered Full Time for a duration of 5 Years.

Comparing the course fees at these colleges, the total course fee at IIM Indore is the highest with ₹ 44.8 Lakhs. This is followed by IIM Rohtak with ₹ 39.91 Lakhs and IIM Shillong with ₹ 37.91 Lakhs. Among these, IIM Ranchi has the lowest fee for IPM with ₹ 35.35 Lakhs.

College IPM Total Fees
IIM Indore ₹ 44.8 Lakhs
IIM Rohtak ₹ 39.91 Lakhs
IIM Shillong ₹ 37.91 Lakhs
IIM Ranchi ₹ 35.35 Lakhs

Quota:
Fee TypeTotal Amount (INR)
tuition fee₹42 Lakhs
caution fee*₹50,000
other fee₹2.3 Lakhs
total fee₹44.8 Lakhs
* Fees is refundable

Explore Other Group Colleges of IIM Indore

Important Dates for IPM at IIM Indore

Important Events

EventsDates
IPMAT 2025 Registration
Feb 06, 2026 - Apr 11, 2026
Ongoing
IPMAT 2025 Exam Date
May 04, 2026
IPMAT 2025 Result
Jul 07, 2026
Tentative

Expired Events

EventsDates
Submission of Applications Dates for Admission 2026 [MBA]
Mar 14, 2026

Important Events

EventsDates
IPMAT 2025 Registration
Feb 06, 2026 - Apr 11, 2026
Ongoing
IPMAT 2025 Exam Date
May 04, 2026
IPMAT 2025 Result
Jul 07, 2026
Tentative
Check entrance exam dates for admission in IPM at IIM Indore -

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IIM Indore: Students' Opinion

AI-Generated Summary based on 17 Reviews

Admission to the program is based on an Aptitude Test and Personal Interview, with weights of 60% and 40% respectively. The Aptitude Test, like the CAT exam, includes quantitative aptitude, language skills, and logical reasoning, focusing on 12th-grade math and language. The admission process has three stages: an Admission Test, a Writing Ability Test (WAT), and a Personal Interview. Only those who clear all stages are selected, with the IPMAT exam as the exclusive entry route for Indian residents.

The course is student-friendly, with 3-4 classes daily from 10:00 am to 5:00 pm, and requires 75% attendance for exams and scholarships. The 5-year program costs approximately Rs. 30 lakh, split between Rs. 15 lakh for the undergraduate phase and Rs. 14 lakh for the postgraduate phase, with fees paid each term. The program boasts a 100% placement rate, with average salaries between Rs. 25-30 lakh per annum for PGP IPM batches, and the highest reaching Rs. 1 crore.

The 2018-2020 batch had 160 participating companies, offering an average salary of Rs. 22.92 lakh and the highest at Rs. 56.8 lakh. Prominent recruiters include BCG, Kearney, JPMC, Goldman Sachs, and more. Internship opportunities are strong, with a 100% summer placement rate; the highest stipend was Rs. 6 lakh, and the average was Rs. 2.74 lakh. The program also includes mandatory social internships. Additional costs include a refundable Rs. 50,000 security deposit, with travel expenses borne by students.

About 30% of students receive scholarships, including Need-Based Financial Assistance. Loans up to Rs. 30 lakh are available through banks like SBI and Punjab National Bank.

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IIM Indore IPM Admission Process

Eligibility Criteria
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IIM Indore IPM Ranking

Financial Times Ranking

#62 out of 100 in International 2026

Outlook Ranking


QS Ranking

#200 out of 301 in International 2026

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IIM Indore: 137 Answered Questions

How tough is it to get into IPM IIM Indore?

Mansi Jain

Getting into IPM at IIM Indore is quite competitive. It entirely depends on the Individual. If you're good at Math, Logical Thinking, and English, then cracking the IPMAT shouldn't be too difficult for you. The IPM Entrance Exam involves a lot of Studying and Practicing because over 30,000 students take it, and the number is rising every year.

IIM Indore IPM Interview checks if you're a Good fit for the Program. The Interview is usually Tough but also Clear and Direct. In the interview, first they ask about you, like your Hobbies and Interests. Your hobbies and interests are important, and they ask questions about them to see how much you know about your favorite subjects or activities.

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How much mark should I score in IPMAT to ensure my admission to IIM-INDORE'S IPM?

Karuna MehtaMBA from Indian Institute of Management Indore (2020)

IIM Indore uses a holistic approach to select candidates for its courses. So there’s no minimum score in IPMAT that can guarantee a call. For final selection, the IPMAT score, past academic record, work experience (if any) and interview performance of a candidate are all given weightage. 

Aim for the best results in IPMAT, but keep in mind that these scores won’t solely get you a seat into IIM Indore. The competition is quite high, so try to score as good as possible, and leave no stone unturned. 

Instead of focusing on a particular score, make it your goal to perform your level best in the IPMAT. You can check the previous year IPMAT (overall and section-wise cutoffs) to get a basic idea of the minimum requirement.

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Why does IPM by IIM Indore have a very high fee structure?

Rohan JainStudied at Integrated Program in Management, IIM Indore (Graduated 2021)

IIMs are a set of highly prestigious management colleges in India. They are the best in the country as per various rankings like QS (global) and NIRF (national). 

Their academics is top notch, and their curriculum covers all the important aspects of management studies. Also, the placements of IIM Indore are top notch. To ensure the smooth running of their administration, the IIMs tend to charge hefty amounts for their courses. 

On top of all this, upon clearing the IPMAT, one is spared from giving CAT. Plus, for the next 5 years, one gets to study management from some of the most qualified teachers, under the IIM Indore brand name. 

These can be some of the reasons why the IPM course at IIM Indore has such a high fee. 

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How is the hostel life of IPM students at IIM indore?

Yatika BansalStudied at IIM Indore

Apart from the hostel curfew, everything is great at the IPM hostels of IIM Indore. The hostels have all the necessary facilities. You’ll get used to the hostel life, and learn to manage everything on your own. You’ll make lifelong friends, and live some of the best years of your student life. Living away from home will make you more independent and self confident.

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Is it compulsory for IIM Indore IPM students to stay at an IIM hostel?

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

IPM is a residential program, which means it is compulsory to stay at the IIM Indore hostels while pursuing this course. 

A number of assignments and group activities will be given to you in the duration of this course, and as a hostel resident, it will be easier for you to stay back for late hours in the college. The hostels for IPM students have all the necessary facilities, even though you’ll be sharing your room with another person for the first three years.

You’ll enjoy hostel life during your IPM at IIM Indore. This compulsory requirement has been put up by the authorities keeping the best interests of all students in mind.


 

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What is the average salary package after the completion of IPM from IIM Indore? For IPM graduates, were you satisfied with your packages?

Yatika BansalStudied at IIM Indore

As per the placement report 2023 (for PGP and IPM), the average package for the placement season was 30.21 LPA. The median package was 27.2 LPA. EY, HUL, Google, Hitachi, etc. visited the campus with placement offers.

As far as satisfaction goes, it is not only about the salary package. IIM Indore is a premier business school that offers top-class education and exposure. I know of people who graduated from IIM Indore and got decent-paying jobs. But their main goal is to earn a good certification and ample exposure in corporate. Their ultimate aim is to work on their startups. They want to build sustainable and successful enterprises.

This is my complete take on the placement stats at IIM Indore. I recommend you prefer a holistic approach while selecting your management college.

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What was the highest package at IIM Indore IPM?

Rahul MenonStudied at Indian Institute of Management Indore

IIM Indore has published a combined report for its PGP and IPM courses, for its 2023 placements. As per the report, the highest package was 1.14 CPA, with 132.6 % increase. The average CTC was 30.21 LPA, and the median CTC was 27.2 LPA. Companies like EY, Google, Accenture, Hitachi, HUL, MAQ Software, etc. visited the campus with job offers.

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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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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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How should one prepare for the IIM Indore IPM interview?

Veer JainStudied at Integrated Programme in Management, IIM Indore (2019)

Preparing for the IIM Indore IPM interview requires some important considerations. The interview generally includes three types of questions - general knowledge questions, questions related to academics, and questions based on a candidate's interest. It is recommended that candidates keep themselves updated with current affairs, and have a good understanding of their past academic achievements.

The duration of the interview ranges from 20-35 minutes, and the evaluation criteria generally include a candidate's ability to communicate fluently, ability to make logical arguments, confidence, and overall attitude. Therefore, candidates should practice their communication skills and work on developing a positive attitude.

It is also important for candidates to be aware of the rationale behind pursuing the course and be determined about their goals. They should be prepared to discuss why they chose the IPM course and how it aligns with their career goals.

Apart from the above, candidates should also research the institute and the course to be able to answer questions about it. It is also advisable to practice mock interviews to gain confidence and prepare oneself for unexpected questions.

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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.
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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.
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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.
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Sanskar
4.1
Reviewed on May 20, 2023(Enrolled 2021)

Fees and Financial Aid:

The fee structure for the entire first three years would be approximately 15 lacs which is approximately 5 lakhs a year. There is a scholarship scheme available at the campus in which ews candidates can apply for 100 scholarships.
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Vinaayak Solanki
3.9Helpful
Reviewed on Feb 9, 2023(Enrolled 2020)

Fees and Financial Aid:

MBA is a course that can be questioned for fees. The course is something that is chosen by the students. The fees for IIMs are justified as the final placements will make it up. The ROI is the most important thing when choosing colleges.
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Dhruvika Gupta
4.6Helpful
Reviewed on Jan 29, 2023(Enrolled 2019)

Fees and Financial Aid:

The fee will remain the same for all years as announced at the time of admission. Campus jobs - the opportunity to run own ventures for the community (food outlet, etc) Scholarship and financial assistance only for the low economic category.
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Hardik Israni
5.0Helpful
Reviewed on Mar 6, 2022(Enrolled 2021)

Fees and Financial Aid:

I dont know about the Fee hike policy but the fees has not increased in last 2 to 3 years I didnt get any scholarship, financial assistance, or job till now but the college offers social internships at the end of 2nd year, summer internships after 4th year. Need Based Financial Assistance is also available.
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Apoorva Sawant
3.8
Reviewed on Jan 17, 2022(Enrolled 2021)

Fees and Financial Aid:

I paid Rs. 10,00,000 for the academic fees for the whole course. As for the additional fees, I paid some refundable caution fees along with the mess deposit. There was need-based financial assistance available for us. Though I had not applied for any financial assistance, some of my close friends took the benefits from this scheme.
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Anonymous
4.6Helpful
Reviewed on Aug 12, 2021(Enrolled 2016)

Fees and Financial Aid:

For the first three years, the fee is 4 lacs per annum, and the hostel and mess fees are included. The last 2 years fee is equivalent to the PGP fee, which is 16 lacs. There is Need-Based Financial Assistance for the eligible students. Also, you will get an instant loan for the programme through several banks which come on campus. I received an offer of 22 lacs per annum in my final placements.
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Mudit Nawani
4.4Helpful
Reviewed on Feb 9, 2021(Enrolled 2016)

Fees and Financial Aid:

At my time of admission in 2016, the fee structure was about 370000 per year. Now it is about 400000 per annum including Tuition, Hostel and Mess charge. Clothing and other expenses are different which involve casual dining and trips which students can make. Supplies are also not included in it. We have a Need-Based Financial Assistance for the economically backwards students and have the advantage to get the Loan amounts or Interest payments being fully made by the college given you get through the scrutiny of the documents. Apart from NBFA, we have a lot of scholarships which are offered from state and central govt. for specific students who have domiciles in the respective states, or belong to a certain community.
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