What is the total annual expense of IIM Indore IPM Programme?
The IPM fee structure is different for domestic and international students.
As per the latest update on 16th June 2023, a resident Indian student is charged Rs. 5 Lakhs per year as course fee, for the first three years of the IPM program. Rs. 711 is payable per year as medical insurance premium, and Rs. 54,000 is payable each year as mess deposit.
Rs. 50,000 is payable in the first year as a refundable caution deposit. This amount is refunded on completing 5 years of IPM. This brings the grand total to Rs. 5,54,711 per year (Rs. 6,04,711 for 1st year). As for the 4th and 5th year, the fee will be charged on the basis of the updated PGP fee structure for the 2026-2028 batch. As for now, the course fee for the same is Rs. 10 Lakhs per year.
This is the breakdown of the present IPM course fee at IIM Indore. You can visit the official website of IIM Indore for more details.
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The fee structure for the first years of IPM is as follows:
| Tuition Fee | 3,000,00 |
| Hostel Fee | 25,000 |
| Mess Fee | 45,000 |
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.
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