IIM Indore – Indian Institute of Management Courses and Fees
Courses
IIM Indore Courses & IIM Indore fees
Established as the sixth institution in the prestigious IIM league in India, IIM Indore (Indian Institute of Management Indore) has gained prominence, particularly for its esteemed flagship PGPM program. Offering a diverse range of approximately 16 programs at post-graduate, executive, and doctoral levels, IIM Indore is recognised for its comprehensive educational offerings. For the batch of 2024-26, the IIM Indore MBA fees are INR 21.17 Lakhs for domestic students and INR 30.11 Lakhs for international students. Additionally, the executive MBA fees for the same batch at IIM Indore amount to INR 22.11 Lakhs.
IIM Indore Courses, Fees and Eligibility Criteria
| IIM Indore Courses | IIM Indore Fees Structure (INR) | IIM Indore Eligible Criteria |
|---|---|---|
| PGPM | Domestic: 21.17 Lakhs International: 30.11 Lakhs | Intake: 480 Eligibility: Bachelor’s degree with at least 50% marks or equivalent CGPA Selection Process: CAT + GD/WAT + PI (Personal Interview) |
| EPGP | 22.11 Lakhs | Intake: 57 Eligibility: 50% in a four-year bachelor’s degree in any discipline OR 50% in a three-year bachelor’s degree with 50% in a master’s degree OR 50% in a five-year integrated program and a minimum 5-year of managerial/entrepreneurial/professional experience after graduation Selection Process: GMAT + Personal Interview (PI) |
| IPM | 36.17 Lakhs | Intake: 150 Eligibility: Candidates should have passed standard XII/HSC or equivalent examination and should have passed standard X/SSC and should have been born on or after August 01, 2003. Selection Process: IPMAT Indore + Written Ability Test (WA) + Personal Interview (PI) |
| PGP-HRM | 18.42 Lakhs | Eligibility Criteria: Bachelor’s degree OR complete professional degree (CA/CS/ICWA/FIAI) with at least 50% of marks Selection Process: CAT + GD/WAT + PI (Personal Interview) |
| FPM | Commitment Fee: 75,000 Stipend: 30,000 per month | Intake: 34 Eligibility Criteria: Master’s or postgraduate diploma with at least 60% marks OR professional qualifications CA/ICWS/CS with at least 50% marks OR A five-year integrated master’s degree with at least 60% marks OR First class/equivalent bachelor’s degree with a minimum CGPA of 6.5 out of 10 or equivalent. Selection Process: CAT/GRE/JRF/GMAT/GATE + Personal Interview (PI) |
| EFPM | 9.8 Lakhs | Intake: 20 Eligibility: Minimum 5 years of managerial/entrepreneurial/professional experience with a master’s or postgraduate diploma with at least 60% marks OR professional qualifications CA/ICWS/CS with at least 50% marks OR A five-year integrated master’s degree with at least 60% marks OR First class/equivalent bachelor’s degree with a minimum CGPA of 6.5 out of 10 or equivalent. Selection Process: CAT/GRE/JRF/GMAT/GATE/RAT(Research Aptitude Test) + Personal Interview (PI) |
| EFPMG | 9.8 Lakhs | Eligibility: Minimum 5 years of experience working as an officer with a master’s or postgraduate diploma with at least 60% marks OR professional qualifications CA/ICWS/CS with at least 50% marks OR A five-year integrated master’s degree with at least 60% marks OR First class/equivalent bachelor’s degree with a minimum CGPA of 6.5 out of 10 or equivalent. Selection Process: RAT(Research Aptitude Test) + Personal Interview (PI) |
| PGPMX | 17.6 Lakhs | Intake: 19 Eligibility: Bachelor’s degree or its equivalent with at least 50% marks and with a minimum of 5 years of full-time managerial/professional experience after the bachelor’s degree Selection Process: PGPMX Aptitude Test + Personal Interview (PI) |
IIM Indore Fees of Hostel
IIM Indore provides accommodation options for students in its hostels, offering both single-seater and twin-sharing rooms. These accommodations are segregated by gender, with separate blocks or floors for men and women. The hostel buildings are situated around the canteen and are interconnected, typically organised in groups of three blocks. The cost of staying in the IIM Indore hostel is INR 54,000.
| Head | Amount in (INR) |
|---|---|
| Hostel Charges | 20,000 |
| Miscellaneous Fees | 15,500 |
| Refundable Caution Fees | 5,000 |
| Total | 40,500 |
| S.No | Heads | 2024-25 |
|---|---|---|
| 1 | Hostel Charges | 20,000 |
| 2 | Mess Deposit | 54,000 |
| Grand Total | 74,000 |
IIM Indore Fees Structure of MBA
For Indian students through CAT:
| Head | PGP-1 (2024-25) | PGP-2 (2025-26) | ||||||
|---|---|---|---|---|---|---|---|---|
| Academic Expenses | Term 1 | Term 2 | Term 3 | Total | Term 4 | Term 5 | Term 6 | Total |
| IIM Indore Courses Fees | 3,35,000 | 3,35,000 | 3,30,000 | 10,00,000 | 3,35,000 | 3,35,000 | 3,30,000 | 10,00,000 |
| Alumni Fee GST @ 18% | – | – | – | – | 11,800 | – | – | 11,800 |
| Medical Insurance Premium | 679 | – | – | 679 | 679 | – | – | 679 |
| Refundable Caution Deposit | 50,000 | – | – | 50,000 | – | – | – | – |
| Mess Deposit | 18,000 | 18,000 | 18,000 | 54,000 | – | – | – | – |
| Total | 4,03,679 | 3,53,000 | 3,48,000 | 11,04,679 | 3,35,679 | 3,35,000 | 3,41,800 | 10,12,479 |
For NRI/Foreign national students through GMAT:
| Head | PGP-1 (2024-25) | PGP-2 (2025-26) | ||||||
|---|---|---|---|---|---|---|---|---|
| Academic Expenses | Term 1 | Term 2 | Term 3 | Total | Term 4 | Term 5 | Term 6 | Total |
| IIM Indore Courses Fee | 5,02,500 | 5,02,500 | 4,95,000 | 15,00,000 | 5,02,500 | 5,02,500 | 4,95,000 | 15,00,000 |
| Alumni Fee GST @ 18% | – | – | – | – | 11,800 | – | – | 11,800 |
| Medical Insurance Premium | 679 | – | – | 679 | 679 | – | – | 679 |
| Refundable Caution Deposit | 50,000 | – | – | 50,000 | – | – | – | – |
| Mess Deposit | 18,000 | 18,000 | 18,000 | 54,000 | – | – | – | – |
| Total | 5,71,179 | 5,20,500 | 5,13,000 | 16,04,679 | 5,03,179 | 5,02,500 | 5,06,800 | 15,12,479 |
IIM Indore FAQs
Q: Which program is considered the best at IIM Indore?
Ans: The PGP (Post Graduate Program) stands as the flagship course at IIM Indore. Accredited by the Association of MBAs, London (AMBA), a UK-based accreditation agency, the PGP spans six trimesters over two years, inclusive of an eight-week summer project. In the second year, the program delves into elective courses, including Information Systems, Marketing, Finance & Accounting, OB & HR, OM & QT, Economics, Communication, Humanities & Social Sciences, and Strategy. In addition to the flagship PGP, IIM Indore also offers a PGP in Human Resource Management (PGP HRM) for interested students.
Q: What are the IIM Indore fees?
Ans: The detailed structure of IIM Indore MBA fees is outlined below:
- IIM Indore Courses Fee: 20,00,000 INR
- IIM Indore Alumni Fee: 11,800 INR
- IIM Indore Medical Insurance Premium: 1,358 INR
- IIM Indore Caution Deposit (Refundable): 50,000 INR
- IIM Indore Mess Deposit: 54,000 INR
- Total IIM Indore Fees: 21,17,158 INR
Q: What is the IIM Indore Fees for IPM?
Ans: The IIM Indore IPM Fees amount to INR 17,14,133 for the initial three years, while the course fee for the fourth and fifth years aligns with the PGP fees of IIM Indore.
Q: What is the duration of the IIM Indore FPM Program?
Ans: The FPM Program at IIM Indore has a duration of 4 years.
Q: What is the fee for the IIM Indore EDPM Program?
Ans: The total fee for the EDPM Program at IIM Indore is INR 9,80,000.
Q: What is the IIM Indore Hostel Fee?
Ans: The IIM Indore hostel fee is INR 45,500, accompanied by a refundable security deposit of INR 5,000.
Q: What are the fees for MBA at IIM Indore?
Ans: The 2-year fee for the MBA program at IIM Indore is INR 21,14,222, and for MBA-HRM, it is INR 18,39,222.
Q: Does IIM Indore achieve a 100% placement rate?
Ans: Yes, IIM Indore attains a 100% placement record for all students who participate in on-campus placements.
Q: Is joining IIM Indore a worthwhile decision?
Ans: Opting for IIM Indore is a prudent choice, especially for those aspiring to become entrepreneurs, given the impressive results from its Incubation Centre. If your concern is centered around securing the highest salary, rest assured, as a significant number of students typically transition to higher-paying roles within a year.
Q: Is CAT a prerequisite for admission to IIM Indore?
Ans: Yes, CAT is a mandatory test that students must take to be eligible for participation in IIM Indore’s flagship PGPM program.
Q: Is IIM Indore expensive?
Ans: Explore the IIM Indore fees for various courses according to unofficial information:
Course Name – Total Tuition Fee
PGP – INR 17.30 Lacs – INR 35 lakh
EPGP – INR 7.50 Lacs – INR 17.60 lakh
FPM – INR 5.50 lakh
Certificate – INR 56,000 – INR 22.10 lakh
Q: Which is the top course at IIM Indore?
Ans: The flagship program at IIM Indore is the Post Graduate Program (PGP), which holds accreditation from the Association of MBAs, London (AMBA, a UK-based accreditation agency). Spanning six trimesters over two years, the PGP includes an eight-week summer project. The second year involves elective courses such as Information Systems, Marketing, Finance & Accounting, OB & HR, OM & QT, Economics, Communication, Humanities & Social Sciences, and Strategy. In addition to the PGP, IIM Indore also offers a Post Graduate Program in Human Resource Management (PGP HRM) to students.
| Course name | Duration | Fees | Exams Accepted |
|---|---|---|---|
| Post Graduate Program in Management [PGPM] | 2 years | ₹ 21.17 Lakhs |