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IIM Indore MBA Fees 2025: Indian Institute of Management Indore, the sixth IIM under the IIM legacy, offers integrated, postgraduate, and executive programs in management. Admissions are based on entrance exam scores and merit. The MBA program is available in full-time and part-time modes, with IIM Indore MBA fees payable in installments.
The IIM Indore MBA total fees exceed ₹10 lakh per annum, with higher financial requirements for international students and executive programs. Common payable components include tuition, registration, and examination fees. Hostel charges are additional. The institute provides financial assistance to students with an annual income below 12 lakh.
IIM Indore MBA Fees 2025
The fee structure of an MBA program is a crucial factor for many candidates when making admission decisions. Having a clear understanding of the total cost helps students plan their finances effectively and make informed choices.
At IIM Indore, the program fee covers various academic and campus-related expenses, including tuition, library access, course materials, internet usage, and accommodation charges. Additionally, it includes campus service fees and educational resources necessary for the program. However, certain costs, such as travel, visa, and international immersion boarding and lodging, are to be borne separately by the students.
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IIM Indore Fee Structure
Indian students who cleared the IIM Indore selection process must check the following fee structure to plan their finances.
| 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 |
- The Mediclaim insurance policy will be charged based on actuals.
- The caution deposit will be refundable upon completion of the course.
- Fees and mess deposits may be paid in three installments. Course fees do not include the cost of textbooks.
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IIM Indore MBA Fees for International Students
Foreign students who cleared the IIM Indore admission process must check the following fee structure to plan their finances.
| 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 |
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IIM Indore Fee Installment Breakdown
IIM Indore keeps students in mind and allows them to pay fees in installments.
IIM Indore MBA Fees For Indian Students – Installment Breakdown
| 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 |
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IIM Indore MBA Fees For NRI/Foreign National Students (GMAT) – Installment Breakdown
| 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 |
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IIM Indore Executive MBA Fees
IIM Indore offers industry professionals an opportunity to pursue executive management education, enabling them to enhance their profiles, explore better career prospects, and expand their professional networks. The IIM Indore Executive MBA program is designed to equip candidates with the advanced managerial skills and strategic insights essential for career growth.
The IIM Indore fee structure for the Executive MBA program at IIM Indore is as follows:
| 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 |
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IIM Indore Hostel Fees
The IIM Indore hostel fees are ₹40,500, including ₹20,000 for accommodation, ₹15,500 for miscellaneous charges, and a ₹5,000 refundable caution deposit.
| 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 various administrative and campus facility charges.
- Refundable upon completion of the course, subject to institute policies.
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IIM Indore Scholarship
IIM Indore keeps the students' finances in mind and provides scholarships to those who need financial aid. Check out the complete details 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 |
| Final Decision Authority | The NBFA Committee’s decision is final & binding |
| Appeal Authority | Director, IIM Indore |
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IIM Indore MBA Fees 2025: Conclusion
The IIM Indore MBA fees 2025 cover tuition, accommodation, and academic resources, with flexible installment options. Indian students pay ₹11.04 lakh in the first year and ₹10.12 lakh in the second year, while international students have higher fees. The Executive MBA costs ₹22.11 lakh for Indian students and ₹33.17 lakh for international students.
To support students, IIM Indore offers scholarships for those with a family income below ₹12 lakh per year, making education more affordable. With a well-structured fee system, financial aid, and hostel facilities,
