Indian Institute of Management - [IIM], Indore - Course & Fees Details

The fee structure of IPM from IIM Indore is given below in detail. The fee structure for the first three years are as follows. 

The course fee for resident Indians is 4 Lakhs per annum for the first 3 years.

The course fee for International students is - 6 lakh per annum. The course fee for the 4th and 5th year students would be as per prevailing PGP fees.

The fee structure for the first years of IPM is as follows:

The total estimated payment for the first three years is 3,70,000. With this, a caution deposit of Rs. 50,000 is also required at the time of registration. This sum is refundable.

The fee structure for the 4th and 5th year of IPM (after combining with PGP) is consistent with the fee structure of the PGP Batch at the time. It is currently around 4 lakhs per annum.

This year, My brother converted to IIM Indore and received the Letter of Acceptance, which includes information about the course fee as well as other minor details.

The IIM fee structure is as follows:

IIM Indore is a really good institution for pursuing management studies, you will not be disappointed.

Firstly, ask yourself, why you wish to pursue IPM at IIM Indore. If you are interested in management but are coming from a not so financially well background, you should not consider IPM for management. But if you really want to pursue that particular course, you can opt for it.

• You can acquire a loan from a bank without putting up much of a security. Furthermore, those debts will be your responsibility, make sure to repay them.
• If you are good at academics right now, enroll in any graduating programme that you enjoy or that is your second choice. 
• Look into B.Com and BBA as rational choices, and if your interest persists, try to get into FPM or IIM-I after your Bachelor's degree.

IPM isn't easy to get into. It has one of the lowest returns on investment (ROI) among the top 20 or 30 B-schools. Your total course fee may be over 30 lakhs, but an MBA will cost 14 lakhs, and you will gain a superior understanding of management if you choose to pursue it. 

I think I can give you an estimate of the fee as one of my close friends is an alumnus of IIM Indore. The total expenses you would have to bear for a course period of three years is about INR 12,00,000. 

In contrast, the tentative expenses for the 4th and 5th-year is around INR 13,00,000. Currently. For the 4th and 5th year, mess facilities are optional depending upon whether or not you want to use them. 

The total fees for IPM are nearly 20 lacs, but the returns will also be equivalent to the invested amount. You will be getting an IIM Degree and a chance to study with some of the best brains in the country.

There are many banks that will finance your education. Banks usually provide full education loans for students. Canara bank provides a full educational loan without any collateral. There are some scholarships as well such as the NBFA scholarship that are given to students of IPM.

But it is important to remember that the course will make them a better future if the candidate is ready to work hard and conquer all the challenges.

You will have a plethora of combinations to choose from. Let me tell you about some of your options:

• You can think of joining streams like business & management, IT & Software banking, Finance & Insurance, Mass Media, Communication as well as Health Sciences if they pique your fancy.
• There are a lot of MBA, PGDM, and certificate courses you can enroll into.
• When it comes to mode of study, you can choose between full-time, part-time, online as well as in class.
• Your specializations can range from healthcare management, business analytics, investment banking, human resources right up to project management.

So you can pick and choose between a lot of options and see what meets your interest and choose a career path accordingly.