The IIFT program fee for two years is approximately Rs 18-22 lakhs, excluding hostel and mess charges. Scholarships are available for meritorious and economically weaker students, including the OP Jindal Scholarship, Dewang Mehta Scholarship for students with a CGPA of at least 3.7, and government scholarships for SC/ST/PWD candidates. The fee for SC/ST/PWD students is about 50% of the general category fee.
SBI offers collateral-free education loans up to Rs 15 lakh at a subsidized rate. There is also an interest waiver for students with a family income below Rs 6.5 lakh. Despite a nominal fee hike, the fee structure and placement opportunities provide a strong ROI compared to other tier-1 MBA colleges.
The average placement package for the 2021-2023 batch was Rs 29.1 LPA.
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