IIM Sambalpur MBA Fees 2024 - Check Fees Structure for Online MBA, On-Campus MBA

From the latest generation of IIMs, IIM Sambalpur has entered the management education space. Its relentless efforts to disseminate its prowess in the field of management have been creating a good set of leaders each year since its inception. It has also been involved in promoting entrepreneurship to advance the economy, with the rise of entrepreneurs contributing to the country's GDP. 

This institute has upholded the fundamentals that define it such as innovative dissemination of management education, maintaining integrity, and being inclusive. The pedagogies acquired by the institute are based on experiential learning that has been effective for students in developing their managerial competencies. The student gets to be imparted with the ability to manage the relationship between himself/herself, the environment, and society. Fostering students to be ethical thinkers is one of the many practices that encourage students to be decent leaders as well as good humans. 

This page lists the fees of the MBA programs provided by IIM Sambalpur which are Master of Business Administration (MBA), Executive MBA, MBA for Working Professionals, and MBA in Fintech Management.

The following are the fees for MBA programs provided by IIM Sambalpur given below:

IIM Sambalpur Master of Business Administration (MBA) Fees

The MBA program is a 2-year program provided by IIM Sambalpur which is a management program that covers core functional areas of management and a specialization domain that is meant to create management professionals who lead organizations, responsibly solve the challenges posed on them, and have a global orientation in approaching business structures. The program trains the student to absorb knowledge with a high capacity that is required for processing and giving the desired output. 

The student is also expected to learn how to adapt to various business environments in both local & global contexts and thrive in it. With a dedicated faculty, the students are guided to navigate their understanding of various perspectives & techniques applied in management. The program is delivered in blended mode. The academic learning environment in this institute fosters a variety of methods of learning such as experiential learning by doing live projects, the fusion of self-study with peer-to-peer learning, etc.

The total course fee of the program for the domestic student is INR 18.5 Lakhs, while for the NRI students is INR 27 Lakhs. The course fee includes the tuition fee and the hostel fee.

The fee structure of this course for a domestic student is given below-

Type of Fee	Amount (INR)
Tuition Fee	14 Lakhs
Hostel Fee	4.5 Lakhs
Course Fee	18.5 Lakhs
SAC (Students Activity Council) Activity Charges	50K
Placement Facilitation Charges	50K
Mess Charges	1.26 Lakhs
Alumni Charges	5K
Caution Deposit	20K
Total Fees	21.01 Lakhs

The following table is the installment breakdown of the fees for domestic students-

Instalment No.	Tuition Fee (INR)	Hostel Fee (INR)	Course Fee (INR)	SAC Activity Charges (INR)	Placement Facilitation Charges (INR)	Mess Charges (INR)	Alumni Charges (INR)	Caution Deposit (INR)
1	2.5 Lakhs	75K	3.25 Lakhs	25K	25K	21K	-	20K
2	2.25 Lakhs	75K	3 Lakhs	-	-	21K	-	-
3	2.25 Lakhs	75K	3 Lakhs	-	-	21K	-	-
4	2.5 Lakhs	75K	3.25 Lakhs	25K	25K	21K	-	-
5	2.25 Lakhs	75K	3 Lakhs	-	-	21K	-	-
6	2.25 Lakhs	75K	3 Lakhs	-	-	21K	5K	-

The fee structure of this course for NRI students is given below-

Type of Fee	Amount (INR)
Tuition Fee	21 Lakhs
Hostel Fee	6 Lakhs
Course Fee	27 Lakhs
SAC Activity Charges	50K
Placement Facilitation Charges	50K
Mess Charges	1.26 Lakhs
Alumni Charges	5K
Caution Deposit	20K
Total Fees	29.51 Lakhs

The installment breakdown of the fees for NRI students of this course is given below-

Installment no.	Tuition Fee (INR)	Hostel Fee (INR)	Course Fee (INR)	SAC Activity Charges (INR)	Placement Facilitation Charges (INR)	Mess Charges (INR)	Alumni Charges (INR)	Caution Deposit (INR)
1	3.75 Lakhs	1 Lakh	4.75 Lakhs	25K	25K	21K	-	20K
2	3,37,500	1 Lakh	4,37,500	-	-	21K	-	-
3	3,37,500	1 Lakh	4,37,500	-	-	21K	-	-
4	3.75 Lakhs	1 Lakh	4.75 Lakhs	25K	25K	21K	-	-
5	3,37,500	1 Lakh	4,37,500	-	-	21K	-	-
6	3,37,500	1 Lakh	4,37,500	-	-	21K	5K	-

NOTE: (Applicable for both domestic and NRI students): 

• A commitment fee of INR 50K is adjusted against the first installment of the tuition fee.
• The mess charges could be variable depending on the service provider.
• Caution deposit is refundable after the completion of the course or after withdrawal.

IIM Sambalpur Executive MBA Fees

The Executive MBA is a two-year program provided by IIM Sambalpur that is meant to mold students into management leaders who can anticipate and actively solve problems that are going to be prolific in the inner workings of the organizations of tomorrow.  The program fosters the students in a learning environment where their potential is shaped into becoming changemakers who have an entrepreneurial mindset & cutting-edge management skills to thrive in dynamic business environments.

Inherently, the program emphasizes a focus on developing values such as practicing responsible leadership, promoting digital transformation, and disseminating sustainability. These values drive the student’s competencies towards becoming a personality who can think of the big picture and take courageous initiatives using his/her skill set to lead the right way towards the progression of the organization. The program is held in blended mode in which most of the lectures are held online and the offline aspect is the campus immersion which also includes a few classroom sessions.

The course fee for this Executive MBA program is INR 12 Lakhs. 

The installment breakdown of the course fee is given below-

Instalment No.	Amount (INR)
1	2 Lakhs
2	2 Lakhs
3	2 Lakhs
4	2 Lakhs
5	2 Lakhs
6	2 Lakhs

IIM Sambalpur MBA for Working Professionals Fees

The MBA for Working Professionals is a 2-year management program that is specially curated for working professionals, entrepreneurs, and budding strategic leaders who are ambitious to become management leaders who can adapt to global business environments that are complex, competitive, dynamic, and practice innovation in their management approaches & style. The students are taught the functional areas of management and trained to specialize in one of the areas and acquire management knowledge & relevant cutting-edge skills to thrive as management professionals. 

Since this program is held parallel to the student’s work time, it has been curated in such a way that the student can balance both. The option of a dual degree is also provided where the other degree will be from a foreign university partnered with IIM Sambalpur. The specializations provided by the program are Sustainability & Risk Management, Functional Domains, Data Science & Product Management, and Entrepreneurial Innovation. At the Delhi center of the IIM Sambalpur, this program is held.

The Total Course Fee for the program is INR 14 Lakhs. 

The following table shows the fee structure of this program-

Type of Fee	Amount (INR)
Enrolment Fee	50K
Tuition Fees	13.5 Lakhs
Security Deposit	10K
Total Fees	14.1 Lakhs

The following table is the installment breakdown of the fees-

Instalment No.	Enrollment Fee (INR)	Tuition Fee (INR)	Security Deposit (INR)
1	50K	2.25 Lakhs	10K
2	-	2.25 Lakhs	-
3	-	2.25 Lakhs	-
4	-	2.25 Lakhs	-
5	-	2.25 Lakhs	-
6	-	2.25 Lakhs	-

IIM Sambalpur MBA in Fintech Management Fees

The dual-degree MBA, which spans 1.5 years, is conducted by IIM Sambalpur and Sorbonne Business School which provide an MBA in FinTech Management (IIM Sambalpur) and an MBA in Financial Management. The curriculum is designed & customized according to the needs of a working professional. With three terms, each spanning 6 months, the program is held in blended mode. The program covers financial subjects and the relationship between finance & technology in the applications of FinTech. The program also offers the opportunity to avail the facilities of the incubator training program that assists students in starting a FinTech-based startup.

The total fees to be paid to IIM Sambalpur is INR 10 Lakhs and to Sorbonne Business School, it is EUR 8000. The fee structure for this program is the following-

Type of Fee	Amount
IIM Sambalpur Total Fees (sum of 3 semesters)	INR 10 Lakhs
Sorbonne Business School Total Fees (sum of 3 semesters)	EUR 8000
Acceptance Fee	INR 50K
IIM Sambalpur Alumni Fees	INR 5K

The following is the installment breakdown of the fees-

Instalment No. ( term no.)	IIM Sambalpur Fees sem-wise (INR)	Sorbonne Business School Fees sem-wise (EUR)
1 (Sem-1)	3.5 Lakhs	3K
2 (Sem-2)	3.5 Lakhs	3K
3 (Sem-3)	3 Lakhs	2K

Comparison of Top Online MBA Courses with Updated Fees

There has been a rise in the intake of Online MBA students in Online Universities that have cutting-edge curriculums that are on par with the curriculums of IIMs. They have designed these programs in such a way that it enables the student to learn in a flexible manner which gives the freedom to study at their own pace and learn effectively. The faculties of the online MBA programs have been handpicked from the regular MBA faculties of the same university. A standard curriculum and an eminent faculty are some of the many takeaways that define the greatness of an Online MBA degree.

Top Online MBA Universities In India	Updated Fees (INR)
IIM Ahmedabad Online MBA	20 Lakhs
IIM Mumbai Online MBA	15-16 Lakhs
NMIMS Online MBA	2.2 Lakhs
Manipal Online  MBA	1.75 Lakhs
LPU Online MBA	1.44 Lakhs
DY Patil Online MBA	2 Lakhs
Jain Online MBA	3.2 Lakhs

Students Also Ask
IIM Ahmedabad Online MBA Fee Structure	IIM Rohtak Online MBA Fee Structure
IIM Kozhikode Online MBA Fee Structure	IIM Sirmaur Online MBA Fee Structure
IIM Mumbai Online MBA Fee Structure	IIM Trichy Online MBA Fee Structure
IIM Raipur Online MBA Fee Structure	IIM Visakhapatnam Online MBA Fee Structure
IIM Udaipur Online MBA Fee Structure	IIM Shillong Online MBA Fee Structure
IIM Ranchi Online MBA Fee Structure	IIM Kashipur Online MBA Fee Structure
IIM Bodhgaya Online MBA Fee Structure	IIM Jammu Online MBA Fee Structure
IIM Nagpur Online MBA Fee Structure	IIM Lucknow Online MBA Fee Structure
IIM Calcutta Online MBA Fee Structure	IIM Indore Online MBA Fee Structure
IIM Bangalore Online MBA Fee Structure