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IIM Indore MBA Fees 2025: The sixth IIM in the IIM legacy, the Indian Institute of Management Indore, provides executive, postgraduate, and integrated management programs. Merit and entrance exam results determine admission. Both full-time and part-time MBA programs are offered, and IIM Indore MBA fees are paid in installments.
The annual total cost of the IIM Indore MBA program exceeds ₹10 lakh, and executive programs and international students have greater financial requirements. Exam fees, registration costs, and tuition are typical payable components. There are additional hostel fees. Students who earn less than 12 lakh per year are eligible for financial aid from the institute.
2025 IIM Indore MBA Fees
For many applicants, the cost of an MBA program is a major consideration when choosing to enroll. Students are better able to manage their finances and make wise decisions when they have a clear picture of the entire cost.
The program fee at IIM Indore covers a range of academic and campus-related costs, such as tuition, course materials, library access, internet usage, and lodging fees. It also covers program-related instructional materials and campus service fees. However, students must pay for some expenses on their own, including travel, visas, international immersion boarding, and housing.
Fee Schedule for IIM Indore
To plan their finances, Indian students who made it through the IIM Indore selection process should review the following fee schedule.
Head | PGP-I/IPM-IV Fees (2025-26) | PGP-II/IPM-V Fees (2026-27) |
Course Fee | ₹1,000,000 | ₹1,000,000 |
Alumni Fee + GST (18%) | – | ₹11,800 |
Medical Insurance Premium | ₹2,717 | ₹2,717 |
Refundable Caution Deposit | ₹50,000 | – |
Mess Deposit | ₹54,000 | – |
Grand Total | ₹1,104,679 | ₹1,012,479 |
- Actuals will determine how much the Mediclaim insurance policy costs.
- After the course is over, the caution deposit will be returned.
- It is possible to pay fees and mess deposits in three installments. Textbook costs are not included in course fees.
International Students’ IIM Indore MBA Fees
To plan their finances, international students who successfully completed the IIM Indore admissions process should review the following fee schedule.
Head | PGP-I/IPM-IV Fees (2025-26) | PGP-II/IPM-V Fees (2026-27) |
Course Fee | ₹1,500,000 | ₹1,500,000 |
Alumni Fee + GST (18%) | – | ₹11,800 |
Medical Insurance Premium | ₹2,717 | ₹2,717 |
Refundable Caution Deposit | ₹50,000 | – |
Mess Deposit | ₹54,000 | – |
Grand Total | ₹1,604,679 | ₹1,512,479 |
Breakdown of IIM Indore Fee Installments
Students are given the option to pay in installments at IIM Indore, which keeps them in mind.
Indian Students’ IIM Indore MBA Fees: An Overview of Installment Schedules
Installment No. | PGP-I/IPM-IV (2025-26) | PGP-II/IPM-V (2026-27) |
1st Installment | ₹403,679 | ₹335,679 |
2nd Installment | ₹353,000 | ₹335,000 |
3rd Installment | ₹348,000 | ₹341,800 |
Total | ₹1,104,679 | ₹1,012,479 |
NRI/Foreign National Students (GMAT) IIM Indore MBA Fees: Installment Schedule
Installment No. | PGP-I/IPM-IV (2025-26) | PGP-II/IPM-V (2026-27) |
1st Installment | ₹571,179 | ₹503,179 |
2nd Installment | ₹520,500 | ₹502,500 |
3rd Installment | ₹513,000 | ₹506,800 |
Total | ₹1,604,679 | ₹1,512,479 |
Executive MBA Fees at IIM Indore
Industry professionals can enhance their professional networks, explore better career prospects, and improve their profiles by pursuing executive management education at IIM Indore. The goal of the IIM Indore Executive MBA program is to give students the sophisticated managerial abilities and strategic insights necessary for professional advancement.
The following is the IIM Indore fee schedule for the Executive MBA program:
Fee Component | Details |
Program Fee | ₹22,11,800 (Indian Passport Holders)₹33,17,700 (Foreign Passport Holders) |
Includes | Tuition fee, course material, library access, campus network charges, lodging & boarding (Indore), academic inputs for international immersion |
Excludes | Travel, visa, boarding, and lodging for international immersion |
Approximate International Immersion Cost | ₹5,00,000 (Boarding & Lodging) – to be borne by the candidate |
Commitment Fee | ₹1,00,000 + applicable tax (Paid at the time of accepting the admission offer) |
Refund Policy | Non-refundable after registration |
Application-Processing Fee | Non-refundable |
Fees for IIM Indore Hostels
The total cost of the IIM Indore hostel is ₹40,500, which includes a ₹5,000 refundable caution deposit, ₹20,000 for lodging, and ₹15,500 for other expenses.
The Fee Component | Amount (INR) |
Hostel Charges | ₹20,000 |
Miscellaneous Fees | ₹15,500 |
Total | ₹35,500 |
Refundable Caution Fee | ₹5,000 |
Grand Total | ₹40,500 |
- includes a range of charges for campus facilities and administration.
- Refundable upon course completion, subject to institute regulations.
Scholarship at IIM Indore
IIM Indore considers the financial situation of its students and offers scholarships to those in need. See the full information below.
Criteria/Information | Details |
Eligible Programmes | PGP, PGP-HRM (PGPH), IPM |
Eligibility Criteria | Annual family income below ₹12,00,000 |
Application Process | Two-stage process: (1) Application assessment (2) Personal interaction with the NBFA Committee |
Selection Criteria | Financial need, family income & assets, disciplinary record |
Application Form | Available only at PGP/IPM Office, must be completed & submitted with the required documents. |
Quota Applicability | Students admitted through General, EWS, SC, ST, OBC, and PWD can apply if they meet income criteria. |
Parental Involvement | Parents/guardians must fill out & sign part of the form |
Verification | The Institute reserves the right to investigate/verify details |
Authority for Final Decisions | The NBFA Committee’s decision is final & binding |
Appeal Authority | Director, IIM Indore |
Conclusion of IIM Indore MBA Fees for 2025
Tuition, housing, and academic materials are all included in the IIM Indore MBA fees for 2025, which also offer flexible payment plans. International students pay higher fees, while Indian students pay ₹11.04 lakh in the first year and ₹10.12 lakh in the second. Indian students must pay ₹22.11 lakh for the Executive MBA, while international students must pay ₹33.17 lakh.
IIM Indore makes education more affordable by providing scholarships to students whose family income is less than ₹12 lakh annually. Financial aid, hostel amenities, and a well-organized fee schedule