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

Below is the detailed fee structure for the various programs offered by the "IIM Indore". The fees listed below represents the total cost of the program. The total fees mentioned can be paid Yearly or semester-wise and EMI facilities are easily accessible.

Course Wise Updated Fees 2025

CourseFull FeesDuration
Postgraduate Certificate Program In Finance (1 Specialization Available)3,73,000151 Hours
PG Certificate Program in Marketing (1 Specialization Available)3,73,00012 Months
Executive MBA 22,11,8001 Year
IIM Online Courses (2 Specializations Available)3,73,0006 - 24 Months
Doctor of Philosophy 24,50,0002 Years
Online MBA 14,00,0002 Years

Being at the forefront of excellence in management education, IIM Indore carries on the light that empowers working professionals, academicians, and aspiring managers to become visionaries in the field of management. This institution is known for its communications with industry, PSUs, and government to enhance the practical experience of the students. Striving to be a business school that is contextually relevant and has world-class academic standards, IIM Indore aims to develop leaders, entrepreneurs, and managers who are socially conscious through pedagogies that are contemporary participant-centric.

Several programs are provided by IIM Indore. The Post Graduate Programme in Management (PGP) provides the standard MBA program covering several aspects of management. Then there is Executive PGP (EPGP), which is the same MBA degree meant for executives who want to upskill towards higher management roles. Then there is the Integrated Programme in Management which consists of a bachelor’s degree with subjects based on social sciences for the first three years and then the next two years would be the standard PGP programme. Then there is an MBA program that specializes in Human Resources Management (HRM) which is called PGP-HRM.

IIM Admission without Entrance Examination | Get Shortlist with Top-Package

Then there is the Doctoral Programme in Management which is equivalent to a Ph.D programme that involves learning and researching the field of management in depth meant for academics. Then there is the executive doctoral program in management for working executives who want to upscale their careers by expanding their expertise. Then there are executive education courses meant for those who want to learn and specialize in various fields and areas within the realm of management. Then there is PGP in management for working executives who can pursue an MBA degree while working at the same time. Then there is the Executive Doctoral Programmes in Management & Governance meant for senior officers of the Indian Administrative Services and the Armed Forces.

(1) IIM Indore Post Graduate Programme (PGP) Fees

Equivalent to an MBA degree,  this program mentors students into professional managers who are competent, meant to be conscious socially and relevant contextually. Then the course develops the student’s critical thinking, induces the ability to work in a team, develops the skill of quantitative analysis, and prepares future managers, leaders, and entrepreneurs who are ethical in their conduct along with being socially conscious. This course spans around 2 years, in which each year three terms are held. There is also a summer project in a business organization held between the first and second years. This program takes the initiative to blend theory and practice. This is carried out through the hiring of industry experts who have experience of 15-20 years who join as full-time faculty of the institute.

NOTE: The program fee covers access to computer facilities, library, lectures, etc. The course does not cover insurance, the cost of textbooks, hostel fees, etc.

Total fee structure for Indian students through CAT-

Type of fee

Year 1 (INR)

Year 2 (INR)

Total (INR)

Course Fee

10 Lakhs

10 Lakhs

20 Lakhs

Alumni Fee

-

11.8K

11.8K

Medical Insurance Premium

679

679

1358

Caution Deposit

50K

-

50K

Mess Deposit

54K

-

54K

Ultimate Total Fees

11,04,679

10,12,479

21,17,158

NOTE: 

  • Based on actuals, Mediclaim Insurance Policy will be charged.
  • After the course, the Caution Deposit will be refundable.
  • Mess Deposit will be collected by the SAC and the actual mess bill will be adjusted according to it.
  • The program fee covers access to computer facilities, library, lectures, etc. The course does not cover insurance, the cost of textbooks, hostel fees, etc.
  • 18% GST included in the Alumni fee.

Total Fee Structure for Non-Resident Indians/ Foreign nationals-

Type of fee

Year 1 (INR)

Year 2 (INR)

Total (INR)

Course Fee

15 Lakhs

15 Lakhs

30 Lakhs

Alumni Fee

-

11.8K

11.8K

Medical Insurance Premium

679

679

1358

Caution Deposit

50K

-

50K

Mess Deposit

54K

-

54K

Grand Total

16,04,679

15,12,479

31,17,158

NOTE: 

  • Based on actuals, Mediclaim Insurance Policy will be charged.
  • The course, the Caution Deposit will be refundable.
  • Mess Deposit will be collected by the SAC and the actual mess bill will be adjusted according to it.
  • The program fee covers access to computer facilities, library, lectures, etc. The course does not cover insurance, the cost of textbooks, hostel fees, etc.
  • 18% GST included in the Alumni fee.

Installments of  Resident Indian students -

Instalment No.

Course Fee (INR)

Caution Deposit (INR)

Alumni Fee (INR)

Medical Insurance Premium (INR)

Mess Deposit (INR)

1

3.35 Lakhs

50K

-

679

18K

2

3.35 Lakhs

-

-

-

18K

3

3.30 Lakhs

-

-

-

18K

4

3.35 Lakhs

-

-

679

-

5

3.35 Lakhs

-

-

-

-

6

3.30 Lakhs

-

11.8K (10K +18% GST)

-

-

Installments of the NRI/ Foreign national students -

Installment No.

Course Fee (INR)

Caution Deposit (INR)

Alumni Fee (INR)

Medical Insurance Premium (INR)

Mess Deposit (INR)

1

5,02,500

50K

-

679

18K

2

5,02,500

-

-

-

18K

3

4,95,000

-

-

-

18K

4

5,02,500

-

-

679

-

5

5,02,500

-

-

-

-

6

4,95,000

-

11.8K(10K+18% GST)

-

-

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IIM Executive MBA Online

(2) IIM Indore      Executive Post Graduate Programme in Management (EPGP) Fees

The EPGP is a full-time residential program spanning a year in IIM Indore. The program is designed for professionals who are experienced in such a way that it enhances their capabilities, knowledge, and skills which are required for leading and managing organizations. Combining skill building with exploring good management practices, the student gets a decent exposure to overcome challenges posed by the dynamically changing corporate environment. When it comes to the curriculum, this program has a blend of industry-consulted modules, an international immersion program case-based learning that is centered around the participant, analytics workshops, and guest lectures. Students Also Ask | IIM Indore Executive MBA!

There will also be an introductory and preparatory module from the prestigious Harvard Business School.

The fee structure of this program for Indian nationality and foreign nationality is given in the following table-

Type of fee

Indian Nationals (INR)

Foreign Nationals (INR)

Program Fee

21,11,800

31,67,700

Commitment Fee

1,00,000

1,50,000

If the Indian National candidate opts for paying fees in lumpsum, he/she has to pay INR 21,11,800 in one installment. When it comes to the foreign national, he/she has to pay INR 31,67,700 in one installment.

If there are multiple installments, the following table indicates the amount division:

Instalment No. 

Indian Nationals (INR) with a bank guarantee of 10 Lakhs

Foreign Nationals (INR) with a bank guarantee of 15 Lakhs

1

11,11,800

16,67,700

2

7,00,000

10,50,000

3

3,00,000

4,50,000

NOTE: The program fee includes course material, tuition, access to library facilities, lodging, and boarding, network/computer charges, alumni membership fee, and academic input (international). The expenses towards international travel, passport, visa, lodging and boarding (international), etc. should be paid by the student himself/herself.

(3) IIM Indore   Integrated Programme in Management Fees

The Integrated Programme in Management is a five-year course that consists of 15 terms spanning over 5 years. Each year has 3 terms of 3 months each. The program is divided into two parts in which the first three years of the program are meant to build a foundation in social sciences and the remaining two years will focus on management. This is meant for those who are young and aspire to be managers and leaders at the same time taking longer strides towards excellence. Along with that, the students are also molded into personalities who are socially conscious and contextually relevant.

The fee structure and the installment breakdown for domestic students enrolled in this program are given below-

Type of Fees

Amount (INR)

Course Fees

35 Lakhs

Medical Insurance Premium

3,395

Alumni fees

11,800 (includes GST)

Caution Deposit

1 Lakh

Mess Deposit

2.16 Lkhs

Grand Total Fees

38,31,195

NOTE: 

  • Mess is optional.
  • Mediclaim insurance premiums will be based on actuals.
  • The Caution Deposit will be refundable after the completion of the course.

Instalment No. (Term)

Course Fee(INR)

Mess Deposit (INR)

Medical Insurance Premium (INR)

Caution Deposit (INR)

Alumni Fee (INR)

1

1.7 Lakhs

18K

679

50K

-

2

1.65 Lakhs

18K

-

-

-

3

1.65 Lakhs

18K

-

-

-

4

1.7 Lakhs

18K

679

-

-

5

1.65 Lakhs

18K

-

-

-

6

1.65 Lakhs

18K

-

-

-

7

1.7 Lakhs

18K

679

-

-

8

1.65 Lakhs

18K

-

-

-

9

1.65 Lakhs

18K

-

-

-

10

3.35 Lakhs

18K

679

50K

-

11

3.35 Lakhs

18K

-

-

-

12

3.30 Lakhs

18K

-

-

-

13

3.35 Lakhs

-

679

-

-

14

3.35 Lakhs

-

-

-

-

15

3.30 Lakhs

-

-

-

11,800(includes 18% GST)

The fee structure and the installment breakdown for international students enrolled in this program are given below-

Type of Fees

Amount (INR)

Course Fee

52.5 Lakhs

Alumni Fee

11,800 (includes 18% GST)

Medical Insurance Premium

3,395

Caution Deposit

1 Lakh

Mess Deposit

2.16 Lakhs

Grand Total Fees

55,81,291

NOTE: 

  • Mess is optional.
  • Mediclaim insurance premiums will be based on actuals.
  • The Caution Deposit will be refundable after the completion of the course.

Instalment No (Term)

Course Fee (INR)

Caution Deposit (INR)

Medical Insurance Premium (INR)

Alumni Fee (INR)

Mess Deposit (INR)

1

2.5 Lakhs

50K

679

-

18K

2

2.5 Lakhs

-

-

-

18K

3

2.5 Lakhs

-

-

-

18K

4

2.5 Lakhs

-

679

-

18K

5

2.5 Lakhs

-

-

-

18K

6

2.5 Lakhs

-

-

-

18K

7

2.5 Lakhs

-

679

-

18K

8

2.5 Lakhs

-

-

-

18K

9

2.5 Lakhs

-

-

-

18K

10

5,02,500

50K

679

-

18K

11

5,02,500

-

-

-

18K

12

4.95 Lakhs

-

-

-

18K

13

5,02,500

-

679

-

-

14

5,02,500

-

-

-

-

15

4.95 Lakhs

-

-

11,800

-

(4) IIM Indore  Post Graduate Programme in Human Resource Management (PGP-HRM) Fees

The Post Graduate Programme in Human Resource Management (PGP-HRM) is a residential program that is full-time spanning two years. The students are nurtured towards becoming managers who would be capable of integrating human resource and business issues that rely on developments in analytics, emerging organizational forms, and behavioral science. This program enables the student to learn to develop critical thinking ability, develop the ability to collaborate in groups, develop ethical leadership, shape human relations within organizations, develop competencies in quantitative analysis & human resource management, etc. The students get to understand human behavior in organizations driven by business rationalities. Along with that, the students also understand the philosophy and social theories that apply to human behavior in organizations.

The fee structure for this program is given below-

Type of fee

Amount (INR)

Course Fee

17.25 Lakhs

Caution Deposit

50K

Medical Insurance Premium

1422

Alumni Fee

11,800 (includes 18% GST)

Mess Deposit

54K

Grand Total fees

18,42,222

NOTE: 

  • Mediclaim insurance premiums will be based on actuals.
  • Caution Deposit is refundable after the completion of the course or withdrawal.

The installment breakdown of the fees is given below-

Instalment No.

Course Fee (INR)

Medical Insurance Premium (INR)

Caution Deposit (INR)

Alumni Fee (INR)

Mess Deposit (INR)

1

2.75 Lakhs

711

50K

-

18K

2

2.75 Lakhs

-

-

-

18K

3

2.50 Lakhs

-

-

-

18K

4

3.15 Lakhs

711

-

-

-

5

3.05 Lakhs

-

-

-

-

6

3.05 Lakhs

-

-

11.8K

-

(5) IIM Indore  Doctoral Programme in Management (DPM) Financial Support

The Doctoral Programme in Management, which is equivalent to a Ph.D in management,  covers in-depth knowledge in management. The doctoral student (researcher) gets to learn to become an expert in relevant methodological tools to be used in management research. Along with that, the doctoral student gets to make advancements to the present body of management knowledge. Researchers get to be trained to do research work with high standards of ethics and understand the role of management education’s various pedagogical tools. Also, Ask | IIM Indore PhD Programme!

There are several benefits and allowances provided to a research student that are given in the following-

  • The students of this program are given a fellowship grant of INR 40K per month for coursework for the first five terms. This amount is increased to INR 45K per month after the student clears the area comprehensive exam. The period for receiving the stipend is 57 months.
  • To support the research efforts of the students, a research development grant of INR 37.5K per year for 4 years is provided. 
  •  For presenting papers at the National Conference, the institute will subsidize the costs incurred with the limit of INR 30K. For students starting from the second year of the program, there is a provision to attend any number of conferences in a year subject to a spending limit of INR 30K per year.
  • The student’s expenses for international conferences will be subsidized with a limit of INR 2 Lakhs. A provision of attending only two international conferences is provided. Adding to that, the student can also attend the International Professional Development Workshop or International Doctoral Colloquium. This provision and spending limit are only valid within the five years of the program.
  • The student can get free lodging and boarding on campus. Due to the program being full-time and residential, bachelor accommodation is provided in the hostel on campus. For married students, there will be limited accommodation on campus and the student has to pay for the accommodation.

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(6) IIM Indore  Executive Doctoral Programme in Management (EDPM) Fees

The Executive Doctoral Programme in Management is a 4-year doctoral-level programme in management for working professionals which is also an equivalent of a Ph.D in management. The abilities of dissemination & creation of knowledge are developed by the students through the program. The student gets the opportunity to contribute to the field of management as a researcher. Professionals looking to switch towards academics of management or who would like to upskill and move towards industry roles such as trainers, researchers, and consultants, are the ones who join this program. Also Read | What Are Doctorate Degrees? For the research student, this program provides inputs into techniques & tools for research. Adding to that, the program also provides inputs on how to effectively develop the use of pedagogical techniques and tools. The student gets to strengthen his/her domain knowledge through this program.

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The fee for this program is INR 15 Lakhs. Before the commencement of the program, INR 1 Lakh should be paid as a commitment fee by the selected student. The remaining fees should be paid in installments. The installment breakdown of the remaining fees is given in the following table-

Installment no. 

Amount (INR)

1

5 Lakhs

2

3 Lakhs

3

3 Lakhs

4

3 Lakhs

(7) IIM Indore  Executive Doctoral Programme in Management and Governance (EDPMG) Fees

The Executive Doctoral Programme in Management and Governance is a 4-year Ph.D equivalent program for senior officers in the Indian Armed Forces and Indian Administrative Services. This program is an opportunity for these students to be under the guidance of the expert management faculty of IIM Indore and pursue research. Through the program, the institution plays a role in contributing towards nation-building and effective governance of the country. These working civil servants and officers of the armed forces get to build their managerial capabilities and be inclined towards research.

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PhD In Management

PhD In Emerging Technologies

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The total fee to be paid by the student is INR 9,80,000 of which INR 80K will be the acceptance fee. The rest would paid up in instalments. The installment breakdown of the remaining fee is given in the following table-

Installment no. 

Amount (INR)

1

3 Lakhs

2

2 Lakhs

3

2 Lakhs

4

2 Lakhs

(8) IIM Indore  Post Graduate Programme in Management for Working Executives (PGPMX) Fees

Post Graduate Programme in Management for Working Executives (PGPMX), which is equivalent to an MBA degree is a two-year program held on alternate weekends at IIM Indore’s campus in Powai, Mumbai. The students get to study with the esteemed & distinguished faculty of IIM Indore and industrial experts. This program is meant for working executives and entrepreneurs who strive to become creators of innovative solutions and transformational leaders in organizations. The students are allowed to continue their work and study flexibly to upskill themselves.

The program fee for this program is INR 17.6 Lakhs. A commitment fee of INR 1,00,000 has to be paid at the time of accepting the admission offer for this program by the institute. Then the alumni fee is INR 10K which is subject to applying of GST. The installment breakdown of the remaining program fee is given in the following table-

Instalment No. (Term)

Amount (INR)

1

2.85 Lakhs

2

2.75 Lakhs

3

2.75 Lakhs

4

2.75 Lakhs

5

2.75 Lakhs

6

2.75 Lakhs

(9) IIM Indore  Executive Education Fees

Executive education programs are provided by IIM Indore with its wide range of carefully curated programs, meant for executives who want to upskill themselves to be compatible with the demands of business challenges that are contemporary. By gaining new perspectives in a business environment that is filled with complexities, the executives evolve, are provided with immediate value, and make an impact on the organizations they serve. These courses are held on campus, in client-based locations, and online.

The following table is a list of executive education programs provided by IIM Indore-

NOTE: This list excludes commitment fees, application fees, registration fees, GST, and alumni fees.

S. No.

Name of Course

Programme Fee (INR)

1

Executive Management Programme – Master of Management Studies (MMS)

14 Lakhs

2

Master of Science in Data Science and Management

12 Lakhs (Indian Participant)

15.6 Lakhs (International Participants)

3

Executive Management Programme – Government, Public Administration and Defence [EMP – (G&D)]

8 Lakhs

4

Executive Post Graduate Diploma Programme in Management & Artificial Intelligence (EPGDPM&AI)

7.6 Lakhs

5

Advanced Certificate Programme In Business and Data Analytics

2.06 Lakhs

6

Executive Post Graduate Certificate Programme in Management (EPGCPM)

4.03 Lakhs

7

Advanced Human Resource Management Programme for HR Leaders

2.7 Lakhs

8

Chief Executive Officers Programme

3,86,800

9

Post Graduate Certificate Programme for Emerging CFOs

3.3 Lakhs

10

Post Graduate Certificate Programme in Investment Banking (PGCPIB)

3,92,100

11

Certificate Programme in Applied Financial Risk Management (CPAFRM)

2,34,200

12

Executive Programme in Marktech and AI-Driven Marketing

3.28 Lakhs

13

Post Graduate Certificate Programme in International Accounting and Analytics (PGCIAA)

5 Lakhs

14

Post Graduate Certificate Programme in Family Business Management & Entrepreneurship (PGCP -FBM&E)

4.37 Lakhs

15

Senior Management Programme (SMP)

5.17 Lakhs

16

Advanced Programme in Corporate Strategy & Business Leadership

1.75 Lakhs

17

Advanced Management Programme for Corporate Leaders 

3.15 Lakhs

18

Certificate Programme in Design Thinking & Innovation for Business Excellence

2 Lakhs

19

Certificate Programme in Leadership and Change Management (CPLCM)

1,78,200

20

Post Graduate Certificate Programme for Emerging Chief Human Resource Officers (CHROs)

3.72 Lakhs

21

Executive Certificate Programme in Strategy & Leadership for Senior Professionals

3,76,800

22

Chief Digital Transformation Officer Programme

3,14,500

23

Executive Programme in Artificial Intelligence and Cyber Security for Organizations (EPAI & CSO)

2,27,500

24

Executive Programme in Digital Transformation (EPDT)

2,44,400

25

Executive Programme in Branding & Advertising 

2.1 Lakhs

26

Post Graduate Certificate Programme for Emerging CMOs

3.3 Lakhs

27

Postgraduate Certificate Programme in Product Management

3.37 Lakhs

28

Certificate Programme in Digital Marketing and Strategy (CPDMS)

2,34,200

29

Executive Programme in Sales & Marketing

2,34,200

30

Certificate Programme in Project Management (CPPM)

1,37,500

31

Executive Programme in Operations and Supply Chain Management (EPO&SCM)

2,95,300

32

Corporate and Public Leadership in a VUCA World 

1.4 Lakhs

33

Executive Programme in Healthcare Management (EPHM)

3.92 Lakhs

34

Executive Certificate Programme in General Management (Asynchronous)

2,22,500

35

Executive Programme in Digital Marketing (Asynchronous) 

99K

36

General Management Programme for Executives (GMPE)

5.9 Lakhs (including 18% GST)

37

Accelerated Leadership Programme

3.25 Lakhs

38

Ecosystems and Platforms: A Strategic View 

45K

39

Logistics Management

45K

40

Building Capability and Strategic Orientation of Small Businesses

45K

41

Managing and Leading Teams

45K

42

Excellence in Operations Management

75K

43

Future-ready Chief Finance Officer Program

60K

44

Finance for Non-Finance Executives

60K

45

Strategic Reward Management

45K

46

Managerial Excellence

45K

47

Leadership Development Program for First-Time Managers

45K

48

New Age Leadership

45K

49

Digital Procurement and Supplier Management

60K

50

Advanced Management Programme

1.05 Lakhs

51

Train The Trainer

45K

52

High Impact Leadership

45K

53

Communication Skills for Managerial Success

45K

54

Strategic Thinking

75K

55

Business Analytics for Practitioners

45K

56

Business Models for Executives

45K

57

Business Analytics for Practitioners

45K

58

Digital Supply Chain Management

60K

59

Diversity and Inclusion in Organisations

45K

60

Leading for excellence at work

45K

61

Mindfulness-Based Leadership Programme

45K

62

Operations and Supply Chain Management: Removing Bottlenecks

60K

63

Leadership Competencies in Complex Organizations

45K

64

Leadership Development Program for Women Managers

45K

65

Excellence in Project Management

75K

66

Communication, Presentation on Report Writing skills

45K

67

Interpersonal Effectiveness and Team Building

45K

68

Leader as Communicator

45K

69

Building and Leading Teams

45K

70

Digital Marketing

75K

71

Excellence in Supply Chain Management

75K

72

Logistics Management

45K

73

Strategic Business-to-Business Marketing

45K

74

Strategic Leaders Program: Creating and Capturing value in a dynamic environment

45K

75

Persuasion & Negotiation

45K

76

Creating and Winning CX programs

45K

77

Motivation, Team Building, and Leadership

45K

78

Learning to Read Behavioural Evidence-HR Analytics for Organizational Excellence

45K

79

Nurturing Future Leadership Program under the MMTTP

Sponsored by the Ministry of Education

80

Women in Business Leadership (WiBL)

2.4 Lakhs

81

Advanced Management Programme for Senior Leaders (collaboration with ANISUMA training institute, Dubai, UAE)

AED 28K (AED-Arab Emirates Durham)

82

General Management Programme for Executives (collaboration with ANISUMA training institute, Dubai, UAE)

AED 31.5K (One-time payment)

AED 33.5K (Payment in installments)

83

General Management Programme for Executives for other Middle East Countries (collaboration with ANISUMA training institute, Dubai, UAE)

AED 30.5K (One-time payment)

AED 32K (Payment in installments)

84

Strategic Financial Management Programme for Executives  (collaboration with ANISUMA training institute, Dubai, UAE)

AED 12K (One-time payment)

AED 13K (Payment in installments)

85

Strategic Marketing Management Programme in Digital World for Executives (collaboration with ANISUMA training institute, Dubai, UAE)

AED 11.75K (One-time payment)

AED 12.75K (Payment in installments)

86

Global Healthcare Professional Programme (GHPP) (In collaboration with Arizona State University, USA)

6 Lakhs

87

Global Leadership Development Programme For Entrepreneurs (In collaboration with the University of Glasgow, Scotland, UK)

6 Lakhs

88

Global Leadership Experience Programme (In collaboration with the University of Denver, Colorado, USA)

6 Lakhs

89

Global Sports Business Management Programme (In collaboration with the University of Liverpool, UK)

6 Lakhs

90

Annual 5-week Faculty Development Programme (FDP)

75K

91

Research and Pedagogical Essentials for First-Time Teachers  with HBSP

37.5K

92

Mixed Method Research

15K

93

Case Writing and Teaching

15K

94

Systematic Literature Review, Meta-analysis, and Experimental Methods

37.5K

95

Certificate Course in Business Management for Defence Officers

-

96

Certificate Programme in International Business Management (CPIBM) for Defence Officers

-

97

Certificate Programme in Global Supply Chain Management for Defence Officers

-

IIM Indore Need-Based Financial Assistance

The Need Based Financial Assistance by IIM Indore provides financial aid to students in need ensuring that the student is not deprived of education at IIM Indore due to financial reasons. The participants who can apply are the ones whose family income is below INR 12 Lakhs and from the batch of PGP, PGP-HRM, and IPM. The selection of the student is done based on a two-step process process which is undertaken by the NBFA Committee. The first step is the evaluation of the application submitted by the student for the NBFA. The second step is in which the faculty would personally interact with the student, evaluating the genuineness of the student’s financial situation. Following this, a certain number of awardees are selected. Along with that, depending on the student’s need the percentage of financial aid to be given will be decided. This assistance applies to students belonging to EWS, SC, ST, or the physically challenged category if they meet the above-mentioned conditions.

IIM Indore Scholarships

  • OPJEMS Scholarship: This scholarship is offered by the OP Jindal Group. 1-2 students are selected to be the awardees of the scholarship. The students who can apply for the scholarship must be in the top 20 of their batch based on their first-year CGPA and must be in their second year. The final selection will be done based on a written test and personal interview.
  • Aditya Birla Group Scholarship: This scholarship is offered to 1-2 academically outstanding students, studying in their first year, by the Aditya Birla Group. The selection for this scholarship is done by the Group itself through conducting interviews with the students who have applied. If the student wishes to receive this scholarship in their second year, they need to be in the top 25 in their batch based on their CGPA in the first year.
  • IDFC FIRST Bank MBA Scholarship: This scholarship is a need-based scholarship given to the student who gets awarded the amount required for his/her two years of the MBA program.
  • Ministry of Social Justice and Empowerment - Central Sector Scholarship for SC Students: This scholarship is awarded to SC students. The parental income of the previous financial year is considered for this scholarship.
  • Ministry of Tribal Affairs - Central Sector Scholarship for ST Students: This scholarship is awarded to ST students. The consideration for this scholarship is given based on their parental income from the previous financial year. The entities that are covered under this scholarship are tuition fees, other non-refundable charges, books & stationery charges, lodging & boarding charges, cost of IT equipment, etc.
  • Ministry of Minority Affairs - Merit-cum-Means Scholarship for Minority Students for Professional and Technical Courses: This Merit-cum-Means scholarship is meant for students who belong to minority communities enrolled in professional and technical courses. This scholarship is provided by the Ministry of Minority Affairs.
  • Department of Empowerment of Persons with Disabilities - Scholarships for Top Class Education for students with disabilities: This scholarship is provided based on the student’s annual parental income and if the student is in the category of persons with disabilities. This scholarship is provided by the Department of Empowerment of Persons with Disabilities which comes under the Ministry of Social Justice and Empowerment, Government of India. 
  • Scholarships provided by the Madhya Pradesh Higher Education Department: The Madhya Pradesh Higher Education Department provides scholarships. Every year, these scholarships are given to pre-matric, post-matric, Undergraduate, Postgraduate, or doctorate students.
  • Rajarshi Shahu Maharaj Scholarship: This scholarship is provided by the Government of Maharashtra. The students who receive this scholarship must belong to the SC category. Along with that, the student should also belong to the state of Maharashtra. Under this scholarship, the student’s fees are fully reimbursed.
  •  Industry-based Scholarships:
    • State Bank of India sponsors a scholarship worth INR 1.5 Lakhs.
    • Eicher Motors sponsors a scholarship of INR 50K.

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Frequently Asked Questions?

The fees for the Post Graduate Programme in Management at IIM Indore is INR 21,17,158.

The duration of the Executive Doctoral Programme in Management at IIM Indore is 4 years.

It takes 6 instalments to the programme fees for the Post Graduate Programme in Management for Working Executives at IIM Indore.

The students of PGP, PGP-HRM and IPM can apply for Need Based Financial Assistance at IIM Indore.

Senior Officers from the Indian Armed Forces and Indian Administrative Services can apply for the Executive Doctoral Programme in Management and Governance at IIM Indore.

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