Courses and Fees
1. MBA & Management Courses Offered
IIM Indore provides several full-time and executive programs that are equivalent to an MBA:
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PGP (Post Graduate Programme in Management)
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IPM (Integrated Programme in Management)
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PGP-HRM (Post Graduate Programme in Human Resource Management)
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EPGP (Executive Post Graduate Programme in Management)
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PGPMX (Post Graduate Programme in Management for Working Executives)
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DPM (Doctoral Programme in Management)
For Indian Students through CAT
| Sr. No. | Head | Total Fee (INR) | Installment 1 | Installment 2 | Installment 3 |
|---|---|---|---|---|---|
| 1 | Course Fee | 10,00,000 | 3,35,000 | 3,35,000 | 3,30,000 |
| 2 | Alumni Fee GST @ 18% | 11,800 | – | – | 10,000 1,800 |
| 3 | Refundable Caution Deposit | – | – | – | – |
| 4 | Mess Deposit | – | – | – | – |
| Grand Total | — | 10,11,800 | 3,35,000 | 3,35,000 | 3,41,800 |
For NRI/Foreign National students through GMAT/SAT
| Sr. No. | Head | Total Fee (INR) | Installment 4 | Installment 5 | Installment 6 |
|---|---|---|---|---|---|
| 1 | Course Fee | 15,00,000 | 5,02,500 | 5,02,500 | 4,95,000 |
| 2 | Alumni Fee GST @ 18% | 11,800 | – | – | 10,000 1,800 |
| 3 | Refundable Caution Deposit | – | – | – | – |
| 4 | Mess Deposit | – | – | – | – |
| Grand Total | — | 15,11,800 | 5,02,500 | 5,02,500 | 5,06,800 |
Scholarships & Financial Aid Offered:
IIM Indore ensures financial constraints do not hinder student participation, offering internal aid and external scholarships.
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Need-Based Financial Assistance (NBFA):
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Eligibility: Family income below ₹9 Lakhs (recent updates may extend to ₹12 Lakhs).
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Requirement: Applicants must have taken a bank education loan.
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Benefit Structure:
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Slab I (≤ ₹1.5 Lakhs): Up to 100% tuition waiver.
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Slab II (₹1.5–3 Lakhs): Up to 75% tuition waiver.
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Slab III (₹3–4.5 Lakhs): Up to 50% tuition waiver.
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Government of India Scholarships (via NSP):
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Top Class Education (SC): Full tuition, living expenses, and laptop allowance.
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National Fellowship (ST): Full fee coverage plus academic allowances.
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Merit-cum-Means (Minority): For minority students with family income below ₹2.5 Lakhs.
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State Schemes: e.g., Mukhya Mantri Medhavi Vidyarthi Yojana (Madhya Pradesh).
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Corporate & External Scholarships:
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Aditya Birla Group Scholarship: ~₹1.75 Lakhs for 1–2 top first-year students; renewable in year two.
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OPJEMS (O.P. Jindal): ~₹1.50 Lakhs for top 20 second-year students based on merit and test.
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Industry Awards: Occasional scholarships from SBI (~₹1.5 Lakhs) or Eicher Motors (~₹50k).
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