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

Being the 4th IIM in the country, standing tall among the prestigious 1st generation of IIMs, IIM Lucknow’s mission is to make a difference in the management systems within institutions such as public services, businesses, and industries. This institute strives to achieve excellence in management education, consultancy, training, and research. The management knowledge and practices are created to evolve from the current spheres of knowledge, then they spread around to enhance the relevant knowledge & skills required to thrive in the field of management, and they are also applied in decision-making during dynamic business situations for which the students are prepared.

Established in the year 1984, IIM Lucknow provides knowledge meant for thought leadership that is relevant globally and socially conscious. There are academic activities undertaken by the institute meant to nurture young leaders based on their values. The courses here are meant to extract the student’s entrepreneurial acumen and the subsequent actions meant to solve the issues of the social sphere through business models that are sustainable and innovative.

IIM Lucknow conducts several programs in management education. Starting with the three PGPs(Post Graduate Programme)  that are MBA degrees. Starting with PGP alone is a premier management program of the institute that provides the MBA curriculum. Then there are two other PGP programs with specialization in Agribusiness Management and Sustainable Management. Then there is an MBA degree in Entrepreneurship and Innovation where the student learns how to start and run a business, along with support from the institute to build his/her own company. 

Then there is an International Programme in Management for Executives (IPMX) where the students are prepared for top management roles along with an international immersion program that is a major part of the IPMX. Then there is a Post Graduate Programme in Management for Working Executives, which is an MBA program that is meant for working executives who want to pursue it to upskill themselves while staying at their jobs. Then there is Executive Education which provides knowledge & skill development in specific topics in the various areas of management.

There are two doctoral programs held at IIM Lucknow, that are FPM (Fellow Programme in Management) in which the student gets to research in a management field and develop their teaching skills. Then there is EPGP (Executive Post Graduate Programme) meant for working executives who want to expand their career options in research and academics in the management field.

IIM Lucknow Master of Business Administration - Entrepreneurship and Innovation Fees

This MBA program is centered around the practicality of running a business. This 16-month program focuses on the lines of entrepreneurship and innovation that give the student to learn the different & subsequent stages of running a business venture along with the modules of a regular MBA program. The student gets to start his/her venture with assistance provided by the institute at different stages of the venture process. The total fee for this program is INR 14.3 Lakhs. Also, find IIM Lucknow Executive MBA.

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IIM Lucknow Post Graduate Programme (PGP) Fees

This program is a full-time residential program of 2 years duration meant to develop students into professional managers who will be equipped with the knowledge of concepts, fundamentals & theories, and skills needed to handle the dynamically changing business environments where student strives to make big decisions and manage businesses. The students who complete this program successfully are awarded the degree of Master of Business Administration (MBA).              

The fee structure for the program is given below-

Type of Fees	Amount (INR)
Admission Fee	1 Lakh
Tuition Fee	12.6 Lakhs
Infrastructure Fee	6.9 Lakhs
Refundable Deposit	20K
Alumni Membership Fee	5K
Total Fees	20.75 Lakhs

The following table is the installment breakdown of the fees-

Type of Fees	Term 1(INR)	Term 2 (INR)	Term 3 (INR)	Term 4 (INR)	Term 5 (INR)	Term 6 (INR)	Total (INR)
Admission Fees	1 Lakh	-	-	-	-	-	1 Lakhs
Tuition Fees	2.1 Lakhs	2.1 Lakhs	2.1 Lakhs	2.1 Lakhs	2.1 Lakhs	2.1 Lakhs	12.6 Lakhs
Infrastructure Fees	1.15 Lakhs	1.15 Lakhs	1.15 Lakhs	1.15 Lakhs	1.15 Lakhs	1.15 Lakhs	6.9 Lakhs
Refundable Deposit	20K	-	-	-	-	-	20K
Alumni Membership Fee	-	-	-	5K	-	-	5K

NOTE: 

• The infrastructure fee covers digital infrastructure maintenance, books & instruction material, student welfare activity, computer & network maintenance fee, library resources, overheads, student welfare activity, hostel maintenance fee, etc. 
• The refundable deposits cover computer deposit, mess deposit, and library deposit.

(1) IIM Lucknow Post Graduate Programme in Agribusiness Management (PGP - ABM) Fees

This is a management program that specializes in Agribusiness Management. It is a two-year program that is full-time residential and will fetch the student an MBA degree in Agribusiness Management, once completed. This course’s design is meant to develop a visionary approach towards the promotion & growth of agriculture as an industry among the students. The student is expected to acquire the right competency to understand the dynamics of an agricultural business environment. The student gets to experience the perspectives of the roles they are going to undertake such as entrepreneurs, intrapreneurs, and leaders relevant to agribusinesses & agro-based enterprises. This program’s orientation has an international approach.

The fees and fee structure of this program are the same as that of the PGP.

(2) IIM Lucknow Post Graduate Programme in Sustainable Management (PGP-SM) Fees

This 2-year program adopts sustainability as an avenue of management based on the notion that businesses are a vital part of society that cannot be pulled apart. Hence, there is a need for developing management professionals who can integrate perspectives on social, environmental, and economic issues to make decisions that will be conscious of these concerns. Along with that, management of the business according to these concerns gives the aspiring student to get ahead of the current trends and be ready for future challenges. In this program, along with the general management courses of a standard MBA program, there are additional specialized courses that are lifecycle management, social entrepreneurship, systems thinking, externalities, public policy, and stakeholder management.

The fees and fee structure for this program are the same as that of the PGP.

(3) IIM Lucknow Post-Graduate Programme in Management for Working Executives (PGPWE) Fees

This is a two-year post-graduate program, held on the Noida campus, that is designed especially for professionals, working executives, and entrepreneurs. These types of students want to upskill themselves to higher positions and take up managerial roles by learning the knowledge & skills of management from this program. One of the biggest takeaways of this program is that the student can continue working at his/her current organization parallelly attending the program at the same time. The curriculum develops the student’s leadership by focusing on forging the student’s management knowledge and skills that are required to lead businesses towards progress and become change agents that make a huge difference in the decision-making process. Once the student completes the course, he/she is awarded the MBA degree.

The fee structure of this program is given below-

Type of Fee	Amount (INR)
Program fee	11 Lakhs
Caution Money	10K
Alumni Membership Fees	5K
Total Fees	11.15 Lakhs

NOTE: 

• The Programme fee includes tuition fees, library services, instructional resources, computing & network fees, and books.
• The international immersion fee should be taken care of, by the student himself/herself.
• During the campus visit, boarding and Lodging at the campus shall be paid for by the student himself/herself based on the actual.

The installment breakdown of the fees is given below-

Instalment No.	Fee time payment	Amount (INR)
1	Acceptance of admission offer	70K
2	Registration to the program	1.48 Lakhs + 10K(caution deposit)
3	Start of term 2	1.48 Lakhs
4	Start of term 3	1.48 Lakhs
5	Start of term 4	1.48 Lakhs
6	Start of term 5	1.48 Lakhs
7	Start of term 6	1.48 Lakhs
8	Start of term 7	1.42 Lakhs + 5K (alumni fee)

IIM Lucknow International Programme in Management for Executives (IPMX) Fees

In this course, the student gets to be a part of a one-year residential program where he/she gets to be a part of the regular MBA modules along with the international immersion where the students visit a partner university in a foreign country. This immersion lets the student get global exposure through interacting with industry experts, professors, and students from those universities. This program is designed in such a way that it is meant to prepare mid/senior professionals to take up roles in the management roles of higher positions in the corporate hierarchy. 

Type of Fee	Amount (INR)
Program Fee	26 Lakhs
Refundable Caution Money	20K
Alumni Membership fee	5K
Total Fees	26.25 Lakhs

The installment breakdown of the fees is given in the following table-

Instalment No.	Amount (INR)
1	3 Lakhs
2	5.75 Lakhs + Caution Deposit + Alumni Fee + charges for accommodation
3	5.75 Lakhs
4	5.75 Lakhs
5	5.75 Lakhs

IIM Lucknow Fellow Program in Management (FPM) Financial Support

This program is a Ph.D program that is meant to be an opportunity for students where they can develop their potential in research and teaching in the field of management. This is a doctoral-level program that is designed to create researchers who can explore the realms of management in depth, management thinkers who can influence or challenge the theories & concepts of management thought, and academicians who can innovate the knowledge repositories & develop it. 

Adding to that, doctoral students get the chance to approach interdisciplinary education. With the support of an environment that is academically stimulating, the student gets to hone his/her intellectual ability. The student acquires practical and theoretical knowledge of one of the 9 research areas provided by the institute which are Strategic Management, Marketing, Human Resource Management, Decision Sciences, Agribusiness Management, Operations Management, IT & Systems, Finance & Accounting, and Business Environment (Economics). Read also: IIM Lucknow Doctoral Program (PhD)!

The allowances, grants, and support given by the institute are given below-

• Fellowship Grant 
  • Given to residential Indian students
  • Given up to 4.5 years of the program.
  • Gives INR 35K per month in 1st and 2nd year of the program.
  • Gives INR 40K per month in 3rd year of the program.
  • For the increase of the fellowship stipend to INR 40K, the student has to clear the comprehensive examination held at the end of 2nd year.
• Contingency Grant
  • Given to residential Indian students.
  • Given up to 4.5 years of the program.
  • In 1st & 2nd year, INR 10K is granted.
  • In 3rd & 4th year, INR 15K is granted.
  • Grant’s purpose is to buy stationery, books, computer hardware/software, etc.
  • Also has the provision to buy a computer worth INR 50K.
• Conference Support
  • Given a grant amount of INR 1.4 Lakhs.
  • The following table gives the type of conference and its conditions:-

Type of conference	Conditions/Benefits
1 International Conference	Has to submit the thesis proposal
Domestic Conference	Maximum 1 conference in 3rd and 4th year each.
Doctoral Consortium or Inter-IIM Doctoral Consortium/Doctoral consortia	Additional travel grant of INR 10K in 3rd or 4th year to attend these.

• Miscellaneous Financial Support:
  • When the student enrolls in one national professional society during the 3rd and 4th year of the program, the annual membership fee to be in the society is reimbursed by the institute.
  • When the student enrolls in one international professional society during the 3rd and 4th year of the program, the annual membership fee to be in the society is reimbursed by the institute.
  • For case writing and field-based research, the institute reimburses lodging/travel/local conveyance/boarding expenses up to a maximum of INR 50K, during the third and fourth year.
  • Additional facilities are provided for married students residing on the campus such as:-
    •  Family Health Insurance Premium (Reimbursed)
    •  INR 1 Lakh covered under combined health insurance for the student, his/her spouse, and their two children.
    • INR 1 Lakh worth of payable premium is reimbursed.
• Accommodation Facilities:
  • Fees are exempted.
  • Free Hostel accommodation, even for the married student with their immediate family.

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IIM Lucknow Executive Fellow Programme in Management (EFPM) Fees

This 5-year program is meant to empower executives (senior & middle level) and teaching professionals who aspire to learn and carry out research in the field of management. This program is meant to develop the student’s research skills in the world of business and management. This is a part-time and non-residential program that prepares students for a career in consulting, research, and teaching. Executives can find another avenue of research opening up for them after completing the program. This course has the provision of the student joining the program during the second year, being exempted from the first year for which a few conditions depending on the PG degree one has in management, a credible university, and a minimum CGPA, as prescribed by IIM Lucknow.

The total fees to be paid by the students who attended the first year of the program is INR 7.5 Lakhs. The student who has been exempted from first-year has to pay the fees amounting to INR 5 Lakhs. The following tables are the installment breakdown of the fees paid by the student who attended the first year of the program and the one who got exempted-

For the students who attended 1st year of the program-

Installment no./ type of fee	Amount (INR)
1 (Acceptance fee)	50K
2 (Part of Programme fee)	2 Lakhs
3 (Part of Programme fee)	1.25 Lakhs
4 (Part of Programme fee)	1.25 Lakhs
5 (Part of Programme fee)	1.25 Lakhs
6 (Part of Programme fee)	1.25 Lakhs

For students who got exempted from first-year-

Installment no. / type of fee	Amount (INR)
1 (Acceptance fee)	50K
2 (Part of Programme fee)	75K
3 (Part of Programme fee)	1.25 Lakhs
4 (Part of Programme fee)	1.25 Lakhs
5 (Part of Programme fee)	1.25 Lakhs

IIM Lucknow Executive Education Fees

The executive education programs provided by IIM Lucknow are meant for executives from diverse professional backgrounds who want to learn and grow their competencies in the field of management. The institute provides these programs that are updated with the latest technological advancements. Along with that, the learning experience is professional and inclusive. The institute maintains each program to stand out among the large set of programs provided, due to its diverse design and the pursuit of refining their teaching style year by year. These programs are in high demand in traditional companies as well as startups. The crafting of these programs is in such a way that they align with the competency frameworks and required skills, and it fulfills the need for strategy, implementation process, and schedule in every organization.

S. No.	Program Name	Residential Fees (INR)	Non-Residential Fees (INR)
1	Effective Communication, Influence, and Persuasion Skills for Leaders	85K	80K
2	Digital Marketing: Strategy and Application	60K	57K
3	Finance for Non-Finance Executives	85K	80K
4	Managerial Effectiveness	85K	80K
5	Coaching and Mentoring for Effective Leadership	60K	57K
6	Customer Relationship Management -Emerging Concepts, Strategies, and Tools	60K	57K
7	Platform Business Models Managing P&L in the Digital World	60K	57K
8	Agri-Input Marketing	85K	80K
9	Strategic Management for Leadership Excellence	85K	80K
10	First Time Leadership	60K	57K
11	Overcoming Managerial Challenges Through Creativity	85K	80K
12	Sales & Distribution Management Excellence in Indian Markets	85K	80K
13	Warehousing and Logistics: Data-Driven Decision Making	60K	57K
14	Analytics for Managers: Data-Driven Decision Making	60K	57K
15	Negotiation and Persuasion	60K	57K
16	Service Operational Excellence in the Analytics Era	85K	80K
17	Digital Sales Excellence	60K	57K
18	Design Thinking for Strategy and Innovation	75K	71K
19	Visual Communication	60K	57K
20	Marketing Strategies for Business Success in the Insurance Sector	85K	80K
21	Integrating Product and Brand Strategy in the Digital Era	85K	80K
22	AI-Powered Agile Product Management	85K	80K
23	Understanding Self for Leadership Excellence	60K	57K
24	Leadership Development	60K	57K
25	The Executive Guide to Modern Supply Chain	1.1 Lakhs	-
26	Strategic Thinking and Leadership	75K	71K
27	Sales and Marketing Strategies in an Omnichannel Digital Era	60K	57K
28	Financing Agribusiness: A Value Chain Approach	60K	57K
29	Navigating Governance Challenges for Delivering Public Goods	60K	57K
30	Strategic Leadership in Uncertain Environments	85K	80K
31	Managing Channels of Distribution in India: Urban, Rural & Online	85K	80K
32	Strategic Human Resource Management	60K	57K
33	Revamping Operations through Supply Chain Analytics and Simulation	60K	57K
34	Developing Digital Mindset: Thriving in the AI Era	85K	80K
35	Sales Leadership & Sales Force Motivation in the Digital Era	85K	80K
36	Decision-Making and Problem-Solving Skills for Effective Performance	85K	80K
37	Analytics for Leadership	60K	57K
38	Leadership Effectiveness through Emotional Intelligence	60K	57K
39	Corporate Governance and Board Effectiveness	60K	57K
40	Strategy In Action	85K	80K
41	Project Management	85K	80K
42	ESG Reporting and Sustainability Communication - Mastering the 3D's	75K	71K
43	Problem Solving and Decision Making using MS-Excel: Online	-	1,22,500
44	Investment Management and Personal Finance	60K	57K
45	Sustainable Management: Unravelling ESG, Sustainable Finance and Circular Economy	60K	57K
46	Digital Transformation in Healthcare	60K	57K
47	Essential Labor Laws for Businesses	60K	57K
48	Persuasive Communication and Business Storytelling	85K	80K
49	Crafting and Delivering Impactful Public Policies	60K	57K
50	Digital Transformation and Supply Chain Analytics	60K	57K
51	AI for Managers	85K	80K
52	Strategic Investor Communication: Mastering 5 Performative Scenarios	85K	80K
53	Creativity for Organizational Problem Solving and Decision Making	85K	80K
54	Retail Business Management for the Next Generation of Family-Owned Businesses	1,47,500	-
55	Strategic Entrepreneurship and Innovation for Competitive Advantage	75K	71K
56	Nurturing Future Leadership Programme: Malaviya Mission Teacher Training Programme	Sponsored by the Ministry of Education	Sponsored by the Ministry of Education
57	Executive Certificate Programme in Leadership and Change Management (ECPLCM)	1,37,500 +GST (online program)	-
58	Advanced Programme in Human Resource Management (APHRM)	2,18,300 + GST (online program)	-
59	Executive Management Programme People Leadership & Strategic HR Management (FPL EMPPL SHRM )	2.98 Lakhs + GST (online program)	-
60	Executive Programme in HR Analytics (EPHRA)	1.6 Lakhs +GST (online program)	-
61	Executive Programme in Data Science and AI for Managers	2.35 Lakhs + GST (online program)	-
62	Executive Programme in FinTech, Banking & Applied Risk Management	2.2 Lakhs + GST (online program)	-
63	Executive Program in Strategic Finance for CFOs and FP&A Leaders	2.75 Lakhs + GST (online program)	-
64	Advanced Management Programme in Financial Services & Capital Markets (AMPFSCM)	2.98 Lakhs + GST(online program)	-
65	Executive Programme in Applied Finance (EPAF)	2,35,700 + GST (online program)	-
66	Senior Management Programme (SMP)	5.48 Lakhs + GST (online program)	-
67	Executive Programme in Business Management (with Veranda)	2,99,500 + GST (online program)	-
68	Executive Programme in Healthcare Management (EPHM)	3,07,000 + GST (online program)	-
69	Executive General Management Programme (EGMP)	4.5 Lakhs + GST (online program)	-
70	Executive Programme in Business Management (with Talentedge)	2.75 Lakhs + GST (online program)	-
71	Executive Programme in Data-Driven Product Management	1.98 Lakhs +GST (online program)	-
72	Advanced Programme for Senior Marketing Professionals	2.59 Lakhs + GST (online program)	-
73	Executive Management Programme In Sales & Marketing Leadership	3.25 Lakhs + GST (online program)	-
74	Executive Programme in Project Management	2,08,500 + GST (online program)	-
75	Executive Programme in Strategic Operations Management & Supply Chain Analytics	2,07,050 +GST (online program)	-
76	Executive Programme in Supply Chain Management during Uncertain Times	2.18 Lakhs + GST (online program)	-
77	Executive Programme in Strategic Management	1.56 Lakhs + GST (online program)	-
78	Advanced Programme in Strategy for Leaders (APSL)	2,80,500 + GST (online program)	-
79	Advanced Program in Strategic Management for Business Excellence	3.02 Lakhs + GST (online program)	-
80	Digital Transformation and AI for Business Leaders	3.84 Lakhs + GST (online program)	-
81	Executive Programme in Artificial Intelligence for Business	2.58 Lakhs + GST (online program)	-
82	Global Senior Leadership Programme Specialisation: Chief Human Resource Officer	4 Lakhs + GST (online program)	-
83	Global Senior Leadership Programme Specialisation: Chief Marketing Officer	4 Lakhs + GST (online program)
84	Global Senior Leadership Programme Specialisation: Chief Finance Officer	4 Lakhs + GST (online program)
85	Chief Operations Officer Programme	5.6 Lakhs + GST (online program)
86	Chief Executive Officer (CEO) Programme	6 Lakhs + GST (online program)
87	Senior Management Programme in Business Analytics	4 Lakhs + GST (online program)
88	Advanced Program In Leadership In The Digital Era	3,23,500 + GST (online program)
89	Chief Human Resources Officer	4.25 Lakhs + GST (online program)
90	Senior Leadership Programme (SLP)	4.6 Lakhs + GST (online programme)
91	Global Senior Leadership Programme	5.25 Lakhs + GST (online programme)

IIM Lucknow Scholarships

• Need-based scholarships by the Institute 
  • For the ones who can’t afford to pay the fees of programs like PGP and PGP-Agribusiness Management.
  • Given based on family income, specifically the total annual gross family income that includes spouse, parents, and self. This should align with the eligibility criteria.
  • No discrimination in providing financial aid based on religion, gender, caste, creed, etc.
  • The eligibility criteria and disbursal criteria will be announced after the admissions.
  • The scholarship period is 1 year.
  • Auto-renewal does not apply to the scholarship.
  • The student’s scholarship is disbursed term-wise and the disbursal also depends on the completion of the academic requirements of the term.
  • The student is allowed to avail of one scholarship only.
• There are various initiatives taken up by the central government, state government, and bodies for higher education to provide scholarships for students in need.  These scholarships can be found on the portal for national scholarships such as http://www.scholarships.gov.in/  and at state websites too.

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