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IIM Lucknow MBA Fees 2026: Complete Fee Structure, ROI, Scholarships & Hostel Charges
IIM Lucknow’s flagship Post Graduate Programme (PGP) is a two-year, full-time residential programme leading to the Master of Business Administration degree. The programme is designed to build strong conceptual understanding, analytical ability and the skills required to manage businesses in complex and changing environments.
For the 2026-28 batch, the official fee structure puts the total programme fee at ₹20.75 lakh. Here is a simple breakdown of where that money goes and how the cost compares with IIM Lucknow placement outcomes.
IIM Lucknow MBA Fees 2026
For students joining the flagship PGP in 2026, the total published programme fee is ₹20.75 lakh. The fee is paid term-wise over the six terms of the two-year programme.
The fee includes tuition, infrastructure-related expenses, the one-time admission fee, refundable deposits and the alumni membership fee.
Particular | Amount |
Total Fee – Year 1 | ₹10.95 lakh |
Total Fee – Year 2 | ₹9.80 lakh |
Total Programme Fee | ₹20.75 lakh |
Programme duration | 2 years |
Number of terms | 6 |
The official 2026-28 fee document is published by IIM Lucknow and covers the PGP and PGP-ABM programmes.
Also Read: IIM Lucknow Selection Criteria 2026 PDF, Shortlisting, Cut-off
IIM Lucknow MBA Fees: Programme-Wise Breakdown
IIM Lucknow's flagship PGP is a two-year residential management programme. Students who meet the programme requirements are awarded the Master of Business Administration degree.
For the 2026–28 batch, the official fee document lists the same fee structure for PGP and IIM Lucknow MBA Agribusiness Management (MBA-ABM).
Programme | Duration | 2026–28 Fee |
Flagship PGP/ MBA | 2 years | ₹20.75 lakh |
PGP/ MBA-ABM | 2 years | ₹20.75 lakh |
The focus of the flagship PGP is broader management education, covering the key functions of business while developing analytical and managerial capabilities.
Also Read: IIM Lucknow MBA Sustainability Management: Complete Guide
IIM Lucknow MBA Fee Structure
The ₹20.75 lakh headline figure is made up of multiple components. Tuition is the largest component, followed by the infrastructure fee. There are also smaller one-time charges such as the admission fee, refundable deposits and alumni membership fee.
Fee Component | Year 1 | Year 2 | Total |
Admission Fee | ₹1,00,000 | — | ₹1,00,000 |
Tuition Fee | ₹6,30,000 | ₹6,30,000 | ₹12,60,000 |
Infrastructure Fee | ₹3,45,000 | ₹3,45,000 | ₹6,90,000 |
Refundable Deposits | ₹20,000 | — | ₹20,000 |
Alumni Membership Fee | — | ₹5,000 | ₹5,000 |
Total | ₹10,95,000 | ₹9,80,000 | ₹20,75,000 |
These figures come directly from IIM Lucknow's official 2026–28 fee structure.
IIM Lucknow MBA Admission Fee
The admission fee is a one-time ₹1 lakh payment made during the first year. Unlike tuition and infrastructure charges, it is not repeated during the second year.
Particular | Amount |
Admission Fee | ₹1,00,000 |
Payment frequency | One-time |
Applicable year | Year 1 |
IIM Lucknow MBA Tuition Fee
Tuition is the largest individual component of the IIM Lucknow MBA fee. The institute charges ₹2.10 lakh per term, with six terms spread across the two-year programme.
Tuition component | Amount |
Tuition per term | ₹2.10 lakh |
Number of terms | 6 |
Total tuition fee | ₹12.60 lakh |
Therefore, tuition alone accounts for a significant portion of the total ₹20.75 lakh programme cost.
IIM Lucknow MBA Infrastructure Fee
The infrastructure fee is ₹1.15 lakh per term, which works out to ₹6.90 lakh over six terms.
It is important to understand that this is not simply a charge for physical buildings. The institute's fee structure includes several academic, technological and student-support expenses under this component.
Component | Covered |
Computer and network maintenance | Yes |
Digital infrastructure | Yes |
Library resources | Yes |
Books and instructional material | Yes |
Hostel maintenance | Yes |
Student welfare activities | Yes |
Other institutional overheads | Yes |
So, the infrastructure fee contributes towards several services students use throughout their time at IIM Lucknow.
IIM Lucknow MBA Refundable Deposits
The official fee structure includes ₹20,000 in refundable deposits during the first term. These deposits are separate from the institute's permanent academic charges.
Particular | Amount |
Refundable deposits | ₹20,000 |
Payment | First term |
Nature | Refundable, subject to applicable deductions |
Because the amount is refundable, it should not be treated in the same way as tuition when calculating the long-term cost of the MBA.
IIM Lucknow MBA Alumni Membership Fee
Students pay a ₹5,000 Alumni Membership Fee in the second year. This is a one-time amount included in the official programme fee.
Particular | Amount |
Alumni Membership Fee | ₹5,000 |
Payment | Second year |
Nature | One-time |
Although small compared with tuition and infrastructure charges, it forms part of the official ₹20.75 lakh fee.
IIM Lucknow MBA Total Fee (A+B)
When all the components are added together, the official 2026–28 programme fee comes to ₹20.75 lakh.
Category | Amount |
Total Fee (A) | ₹20,50,000 |
Refundable Deposits + Alumni Fee (B) | ₹25,000 |
Total Fee (A+B) | ₹20,75,000 |
The term-wise payment structure makes the cash outflow more manageable than paying the entire amount at once.
IIM Lucknow Hostel Charges 2026
Hostel expenses need a little clarification because the official fee structure does not show a separate hostel rent charge. Instead, hostel maintenance is included under the infrastructure fee.
Students should, however, budget separately for mess expenses because these are payable on an actual basis.
Hostel-related expense | 2026–28 treatment |
Hostel maintenance | Included in infrastructure fee |
Separate hostel rent | Not separately listed |
Mess charges | Payable separately on actual basis |
Hostel-related deposit | Included in refundable deposits |
This means the ₹20.75 lakh figure should not be considered the complete two-year personal expenditure. Food, travel and other personal expenses will be additional.
IIM Lucknow MBA ROI: Fees vs Average Package
IIM Lucknow's official placement reports show strong outcomes. The latest 2026 final placement report records an average salary of ₹33.2 lakh per annum, while the 2025 report recorded ₹32.3 lakh. The reports cover the PGP and PGP-ABM placement process.
For a simple comparison, ROI below is calculated as:
Simple ROI = (Average CTC − Programme Fee) ÷ Programme Fee × 100
Placement Year | Average CTC | Programme Fee* | Simple ROI |
2026 | ₹33.20 LPA | ₹20.75 L | 60.0% |
2025 | ₹32.30 LPA | ₹20.75 L | 55.7% |
2024 | ₹30.00 LPA | ₹20.75 L | 44.6% |
2023 | ₹32.20 LPA | ₹19.25 L | 67.3% |
2022 | ₹31.03 LPA | ₹14.00 L | 121.6% |
*Programme fees are based only on fee figures that can be verified from IIM Lucknow's official fee documentation.
The latest official placement report shows that the 2026 batch achieved an average salary of ₹33.2 lakh, a median salary of ₹32.9 lakh, a highest domestic package of ₹1 crore and a highest international package of ₹65 lakh.
Important: Simple ROI is only an indicative calculation. It does not account for taxes, mess and living expenses, education-loan interest or the opportunity cost of two years away from full-time employment.
Also Read: IIM Lucknow Average Package 2026, Recruiters Domain & Sector
IIM Lucknow MBA Scholarships 2026
IIM Lucknow recognises that the programme fee can be a significant financial commitment. The institute therefore provides financial assistance schemes intended to ensure that financial constraints do not prevent eligible students from pursuing the programme.
The institute lists its own need-based scholarship along with scholarships offered by Central Government, State Governments and other organisations.
Scholarship / Support | Basis |
Need-Based IIML Scholarship | Family income |
Central Government scholarships | Scheme-specific eligibility |
State Government scholarships | Scheme-specific eligibility |
Other scholarships | Organisation-specific criteria |
Need Based Scholarship
IIM Lucknow's Need-Based IIML Scholarship is based on family income. The institute states that eligible students can apply irrespective of caste, creed, gender or religion, subject to the prescribed criteria.
The eligibility and disbursal criteria are announced after admissions. The scholarship is provided for one year, and there is no automatic renewal. Disbursal is done term-wise and is subject to completion of the academic requirements of the term.
Feature | Need-Based IIML Scholarship |
Primary basis | Family income |
Eligibility | As per institute criteria |
Duration | One year |
Automatic renewal | No |
Disbursal | Term-wise |
Academic requirements | Applicable |
Multiple scholarships | Not permitted simultaneously |
Complementary Scholarship
IIM Lucknow's official website does not currently list a separate scholarship officially titled “Complementary Scholarship.” Instead, it refers to other scholarships offered by the Central Government, State Governments and other bodies.
Students should therefore avoid assuming that “Complementary Scholarship” is a separate IIM Lucknow-funded scheme. The exact eligibility and benefit depend on the particular external scholarship.
Scholarship source | Where to check |
IIM Lucknow | Official IIML notifications |
Central Government | National Scholarship Portal |
State Government | Respective state portal |
Other organisations | Individual scholarship provider |
Steps to Follow to Apply for the Scholarships
The scholarship process starts after admission, because IIM Lucknow states that the detailed eligibility and disbursal criteria for its need-based scholarship are announced post admissions.
A student should follow these steps:
IIM Lucknow Scholarship Application Process:
IIM Lucknow MBA Fees 2026: Conclusion
IIM Lucknow MBA Fees 2026 stand at ₹20.75 lakh for the two-year flagship PGP, including tuition, infrastructure charges, admission fee, refundable deposits and alumni membership. Hostel maintenance is included within the infrastructure component, while mess and personal expenses need to be budgeted separately. Eligible students can also explore IIM Lucknow's need-based financial assistance and external government scholarships.
From an ROI perspective, the fee can be evaluated against IIM Lucknow's latest placement outcomes, including an average CTC of ₹33.2 LPA and median CTC of ₹32.9 LPA. While salary alone should not determine an MBA decision, IIM Lucknow's placement performance, alumni network and management education make the overall cost-to-career-outcome equation important for aspirants to consider.
