IIM Amritsar Fees
Ranjini Basu, 30 Jan 2019, #IIM Amritsar
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IIM Amritsar Fees - IIM Amritsar is the 15th IIM established by the Ministry of Human Resources Development with the support of the Government of Punjab. Presently, Indian Institute of Management (IIM) Amritsar is administered under the mentorship of IIM Kozhikode, the fifth oldest IIM and one of the premier management institutes in the country. IIM Amritsar fees for the two-year PGP programme in Management costs a total of Rs. 10.5 lakhs to be paid in two years at regular intervals. Careers360, in this article, provides information related to the IIM Amritsar fees structure, seats, programme details and admission process.

According to IIM officials, inflationary pressure and high operational cost including infrastructure cost and faculty salaries are the primary factors attributed to the rise of IIM fees. However, IIM Amritsar fees is one of the lowest costing institutes among the rest of the IIMs. Candidates need to invest around Rs.10.5 lakhs for the PGP programme which includes hostel and course fees. For the upcoming batch, the fee for IIM Amritsar 2019 is expected to remain unaltered.

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Components of IIM Amritsar Fee


Tuition

Library

Internet

Hostel Room Rent

Personal Accident Insurance

Case Permission Royalty

Service Charge

Course Material

Medical Insurance

Alumni Activity


IIM Amritsar Fee structure of PGP (2019-21)

ComponentsFirst Year (2019-20)Second Year (2020-21)
Tuition Fees3,50,000/-3,50,000/-
IT and Infrastructure29,000/-29,000/-
Library29,000/-29,000/-
Hostel29,000/-29,000/-
Books and Study Material50,000/-50,000/-
Medical and Student Welfare6,000/-6,000/-
Admission Fees8,000/-NIL
Orientation8,000/-NIL
Student Support Services8,000/-12,000/-
Examination Fees8,000/-8,000/-
AlumniNIL12,000/-
Total5,25,000/-5,25,000/-
Grand Total10,50,000/- (For Two Years)


IIM Amritsar released the following number of seats for the PGP programme in Management-


IIM Amritsar Programme and Seats


CourseNumber of Seats
PGP (2019 -21)120
PGP (2018 -20)107 (filled)
PGP (2017 -19)95 (filled)

Candidates should note that after receiving the admission offer from IIM Amritsar and accepting the offer within the stipulated date need to send the offer acceptance along with the offer acceptance fee of Rs.50,000/-. Candidates will have to register on the day of registration for the PGP programme which will be intimated to them and pay the necessary fees to complete the admission process.    


IIM Amritsar- Admission Process

IIM Amritsar is yet to release the admission criteria for its PGP batch for the academic year 2019-21. Last year, maximum weightage was given to the CAT score followed by Personal Interview round. The admission criteria are applicable for candidates who have applied for the admission to IIM Amritsar. The sectional cutoff for the general category had been increased. IIM Amritsar admission criteria go through two stages for all the eligible candidates who meet the minimum selection criterion i.e. Common Admission Test (CAT) percentile.

It is only the registered candidates of IIM Amritsar who would be required to appear for the personal interview (PI) /Written Ability Test (WAT) rounds to be conducted by IIM Amritsar during May 2019.


IIM Amritsar Fees - Bank Loans

Candidates can opt for an education loan if required. Typically, students who secure admission in one of the premier colleges in India (like IIMs, ISB, SPJIMR, IITs, BITS etc), become eligible to apply for an education loan. However, banks at times require the student to provide collateral security for granting the education loan.


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