IIM Amritsar Fees 2024 - Check All Courses Fees Structure, Scholarships and Financial Support

Lying in the periphery of history, IIM Amritsar has been expanding the management culture of IIMs into the northern territories striving to be a centre of world-class management education. 

It has been developed as a nurturing environment that tests and challenges the student to think beyond possibilities for their growth with the addition of strong foundations and values.

This institute is committed to creating management professionals, each having its unique ideas & personality to contribute towards the betterment of a variety of enterprises in various sectors that make up the structure of the business ecosystem. With the current economy looking up to the rise of businesses, IIM Amritsar imbibes a culture of entrepreneurship among the students and faculty fostering in-house innovation.

There are several programs provided by IIM Amritsar. Starting with management programs such as Master of Business Administration, Executive MBA, and two other MBA programs with a specialization in Business Analytics and Human Resources, that produce managerial leaders. Then there is a program of a Master of Science in Data Science and Management, which is a collaboration of IIM Amritsar with IIT Ropar that trains the student in developing both technical and managerial competencies as a data scientist & a managerial leader to take on roles that drive change in the techno-management sphere. Then there are two doctoral programmes, are Ph.D programme and a Post-Doctoral Fellowship. Both these programs are research-oriented and involve advanced studies of the management domains. Then for upskilling and staying up-to-date with business developments, there are programs under Executive education.

IIM Amritsar Master of Business Administration (MBA) Fees

This is a full-time management program in general management that is meant to build these students into management leaders who have a knack for approaching business situations with a global perspective and the acumen of an entrepreneurial personality. This program develops competencies derived from experiences of analytical thinking, the act of communication, dynamic managerial skills, and embracing the art of leadership. Students get put into real-time thinking and decision-making scenarios in simulations that are close to dynamically complex & uncertain environments. The modules taught consist of contemporary and trending business issues that involve domains such as the rise of information & communications technology, human rights, sustainable business enterprises, etc. This program also provides specializations in Business Analytics and Human Resources. The total fee for the program is INR 21 Lakhs. The fee structure of the program is given below-

Types of Fees	Amount (INR)
Tuition Fee	14 Lakhs
Academic Support	3.76 Lakhs
Hostel Fee	90K
Student Activities & Health	34K
Caution Deposit	50K
Mess Deposit	1.5 Lakhs
Total Fees	21 Lakhs

The installment breakdown of the fees is given below-

Instalment No.	Tuition Fee (INR)	Academic support (INR)	Hostel Fee (INR)	Student Activities & Health (INR)	Caution Deposit (INR)	Mess Deposit (INR)
1 (Term-1)	2.5 Lakhs	68K	15K	7K	50K	25K
2 (Term-2)	2.25 Lakhs	60K	15K	5K	-	25K
3 (Term-3)	2.25 Lakhs	60K	15K	5K	-	25K
4 (Term-4)	2.5 Lakhs	68K	15K	7K	-	25K
5 (Term-5)	2.25 Lakhs	60K	15K	5K	-	25K
6 (Term-6)	2.25 Lakhs	60K	15K	5K	-	25K

NOTE: 

• The offer acceptance fee of 50K is adjusted against the first installment of the term-1 fee.
• The mess payments are based on actuals.

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IIM Amritsar Executive Master of Business Administration (EMBA) Fees

This 2-year non-residential program is a management program that is held in hybrid mode, designed for executives looking to move up the hierarchy to take up senior management roles. These budding managers are meant to learn and apply their learnings that involve taking charge to lead organizations to keep ahead of their competitors, navigating coordination & diversity in team-building, and framing strategies & solutions for complex business scenarios & situations. While adopting a multi-disciplinary approach to the program, the students get to grow their prowess with the mentorship & guidance of the highly experienced faculty and partnering industry experts. Also read: IIM Amritsar Executive MBA!

The total fee for this program is INR 12 Lakhs. It has to be paid in six installments before the beginning of each term. This covers membership facilities to various clubs and committees,  library fees, course materials, books, and tuition fees. 

IIM Amritsar Master of Science (M.Sc.) in Data Science and Management Fees

This is a highly coveted two-year program that is a collaboration between IIM Amritsar and IIT Ropar, which focuses on Data Science, Analytics, and Management applications. The students get to learn the technicalities of Data Science & Analytics and the essence of management. Both going hand in hand, this program trains the students to handle dynamic business environments of the digital age that involve critical decision-making and analyzing data together to solve problems managerial and business challenges. The students get exposed to deal with a variety of cross-functional areas that would enhance the competency of the student as a budding data scientist.  The total fee for this program is INR 14.78 Lakhs. The fee structure of this program is given below-

Types of Fee	Amount (INR)
Offer Acceptance Fee	50K
Program Fee (includes offer acceptance Fee)	14.53 Lakhs
Caution Deposit	25K

The installment breakdown of the Fees is given below-

Instalment No.	Programme Fees (INR)	Caution Deposit (INR)
1 (Semester-1)	3,63,250 (includes offer acceptance fee)	25K
2 (Semester-2)	3,63,250	-
3 (Semester-3)	3,63,250	-
4 (Semester-4)	3,63,250	-

Note: 

• The program fees cover Placement Support, Students' Activities, Hostel, IT& Computer, Library, Course Material, and Tuition.
• Mess Charges will be based on actuals.

IIM Amritsar Ph.D Programme Financial Support

This Ph.D program is meant for those students who want to learn their desired management domains in-depth, research to understand concepts or perspectives or discoveries, create knowledge as a contribution to the management space through publications, and learn teaching skills for management education avenues. Students who undergo this program are molded into researchers of high quality due to the latest and advanced curriculum, alongside experiencing learning through a scientific approach. The specializations provided in this program are Quantitative Methods & Operations Management, Marketing & Communications, Finance, Accounting & Control, Economics & Public Policy, IT & Computational Systems, Organizational Behavior & Human Resources Management, and Strategic Management.

The financial aspects of this Ph.D program such as grants, stipends, etc. are given below-

• In the first two years of the program, the student will be given a doctoral fellowship of INR 40K per month.
• After the clearance of the comprehensive examination, the student will receive an increase in their fellowship to INR 45K in the third and fourth years till the thesis submission. The fellowship extension in the fifth year will depend on the student’s progress and is subject to approval by the doctoral committee and the director of IIM Amritsar.
•  The student gets to avail of a one-time grant of INR 50K to purchase a computer. This is only available after the clearance of the comprehensive examination and the completion of coursework.
• For the first four years, a contingency grant of INR 25K per year (on a reimbursement basis along with the supporting receipts) is provided to the students. This grant covers expenses related to relevant research activities, books, workshops, and attending conferences.
• For attending international conferences/workshops/summer schools,  (on a reimbursement basis along with the supporting receipts), the student’s expenses up to INR 1.75 Lakhs will be given by the institute.
• The students are also provided with medical insurance. This insurance is based on IIM Amritsar’s student welfare policy.

IIM Amritsar Post-Doctoral Fellowship Programme in Management Financial Support

This is a two-year program for research scholars who have completed their Ph.D successfully, to pursue an active form of research in the field of business management. The scholar will be researching in the specialization of his/her choice or it could also be interdisciplinary. When it comes to research, the scholar will be pursuing their research work in collaboration with the current faculty of IIM Amritsar. With the expectation of being a fellow in a prestigious institution of IIM, the scholar is supposed to do research of high quality meant to be published in internationally reputed journals that could make an impact on the existing knowledge body of business management. Alongside that, teaching activities must be done as assistance to the faculty of the institute.

The financial assistance provided to the fellow of this program is given below-

• The fellowship provided to the participants of this program is INR 55K per month.
• The contingency grant of INR 30K is provided to the participant of this program (on a reimbursement basis, upon production of receipts), which covers relevant research activities, books, workshops, and conferences.
• The institute provides personal medical insurance that is implemented as per the student welfare policy.
• The participant will also take up teaching activities for which he/she will be paid an honorarium.
• For attending one international conference, (on a reimbursement basis, upon production of receipts), the participant will be given an amount of INR 1.75 Lakhs for the expenses incurred. The conditions for receiving this is that the participant must complete the first year under this program and along with that the participant must submit a research paper for getting published in a reputed journal, which is done in collaboration with a faculty of IIM Amritsar.

IIM Amritsar Executive Education Fees

The executive education programs of IIM Amritsar are meant to empower management professionals and organizations to adapt and learn the changes of the ever-demanding business worldwide. Upskilling & upgrading their skills & knowledge through the programs provided, keeping up with the times, developments, and trends that make up the current business ecosystem is the need of the hour for management professionals who strive to learn continuously. 

Through the highly interactive sessions, the learner gets to study the relevant insights required to draw a big picture of the business ecosystem and learn to use them for making the right decision in the appropriate situations. The programs that are conducted are given in the following-

S.No.	Program Name	Program Fees (INR)*
1	Data Science and Business Analytics	1.9 Lakhs
2	Advanced General Management	1.9 Lakhs
3	Product and Brand Management	60K
4	Digital Marketing and Analytics	60K
5	Executive Programme in Strategic Management	1.6 Lakhs
6	Applied Analytics for Business	75K

*Plus GST

IIM Amritsar Scholarships

A limited number of students are given scholarships enrolled in the MBA program. The eligibility is decided based on diversity and scholastic achievement. The scholarship will be awarded in equal value, each year. The student has to maintain a decent academic performance with a CGPA of more than 2.96 in the first year to be provided with the continuation of the scholarship during the second year.

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