IIM Executive MBA Fees - Courses, Fee Structure, Payment Method

IIM Executive MBA Fees: Overview

IIM executive MBA fees can vary as per different IIMs. Factors like course duration, specialization, candidate work experience, and relationship/marriage status affect the IIM Executive MBA admission fees to a great extent.

IIM Executive MBA: Eligibility Criteria

IIMs throughout the nation have their own specified eligibility criteria when it comes to selecting candidates. However, throughout the process, a few key components remain standard for all the candidates across all the IIMs. Make sure you meet them.

• A Bachelor’s degree from an accredited and recognized University.

• An aggregate of at least 50% or equivalent CGPA in Bachelor’s.

• A valid score of any MBA entrance examination like CAT, XAT, CMAT, etc.

• Candidate must be a working professional or have a business at the time of application.

• A candidate must have a work experience of 3 to 5 years (approx.).

IIM Executive MBA Fees for Different Programs

The table below summarizes the IIM Executive MBA fees for different programs along with their duration and the required work experience.

IIM Executive MBA: Placements and Scope for Future

With the ever-evolving Business dynamics across the globe, companies are more interested in hiring candidates with solid work experience. Therefore an Executive MBA graduate becomes an ideal choice for them. The placement trends have shown tremendous growth over the past couple of years. Average salary packages range from somewhere between 18 lakhs per annum (approx.) to as high as 90 lakhs per annum (approx.).

IIM Executive MBA Fee: How to pay

Fee Structure and Payment Modes for IIM Ahmedabad- The Program Fee for the 2024-25 PGPX Batch is INR 33 lakhs for candidates opting for SSH (Single Accommodation) and 35 Lakhs for candidates opting for MSH (Married Student Housing) plus the cost of International Immersion Program (IIP) excluding travel and stay related expenses. An additional amount collected as Caution Money is refunded upon completion of the Program. The Institute offers two modes of payment for the Program Fee and the Caution Money. These are as follows:

Payment Mode-1:

Payment Mode-2:

It is important to note that the First and Second Commitment Fees are non-refundable. Therefore, please consider all your options well and make an informed choice.

• Please note that the Program Fee for participants does not include meals. The Program Fee for participants opting for MSH includes spacious accommodation with basic cooking amenities. Participants opting for MSH would also bear additional monthly expenses related to their electricity, water, and LPG consumption.

Fee Structure and Payment Modes for IIM Bangalore

The tuition fee for PGPEM is as follows:

• The fee is payable in eight installments. (Details will be shared with registered students).

• If a student needs to continue beyond two academic years (subject to a maximum of five years) to meet the credit requirements, they have to pay a continuation fee of INR 25,000/- per term for each term beyond the two-year term, until they complete the credit requirements of the program. The continuation fee per term is payable, irrespective of whether a participant takes courses in a term or not.

• IIMB provides scholarships for deserving students. In addition, banks and other financial institutes also provide loan facilities.

The tuition fee for EPGP 2024-25 is as follows:

Tuition Fee covers the cost of tuition, course material, computing and networking, library, alumni association, student activities, and career counselling.

*The International Immersion fee is indicative, the amount will be restricted to the actual expenditure incurred for each student towards travel, accommodation, and course fees in the foreign university, any excess or shortfall will be adjusted by way of refund/additional claim from students.

Accommodation: All participants based on their choice of accommodation will be housed in the IIMB campus hostel (Self/Spouse) or outside the campus (Family Accommodation) in an apartment complex about 3.5 km from the campus and there will be frequent shuttle service. For students already living in Bangalore, accommodation is optional but recommended.

Fee Structure and Payment Modes for IIM Calcutta

The program fee for the academic year 2024-25 will be Indian Rupees 31,00,000/- (non-refundable) or equivalent US$ for one year, payable in four installments.

1. Payment of Indian Rupees 2,00,000/- (commitment fee) at the time of acceptance of the admission offer.

2. Payment of Indian Rupees 10,00,000/- by March 15, 2024 (second installment) Furthermore Rs 60,000/- is to be paid as a security deposit by Demand Draft/ Pay order favouring Indian Institute of Management Calcutta along with the second installment. This amount will be refunded on completion of the program after necessary adjustments of dues, if any.

3. Payment of Indian Rupees 10,00,000/- by July 21, 2024 (third installment)

4. Payment of Indian Rupees 9,00,000/- by November 24, 2024 (fourth installment)

This amount includes tuition fees and the cost of course material, books, accommodation, economy airfare, and some incidental expenses of the immersion program organized by IIMC.

Over and above the program fees mentioned in the above payment schedule, please note that other charges such as for electricity, food, and expenses of a personal nature are not covered by these fees and will have to be borne by the individual student.

Fee Structure and Payment Modes for IIM Lucknow

The fee for PGPWE: 2024 – 2026 is INR 11,00,000 + refundable caution money of INR 10,000 + Alumni membership fee of INR 5,000 + Taxes as per Government of India rules.

The fees would include tuition fees, computing and network fees, library services, books, and Instructional resources.

The student shall additionally bear the cost of the International Immersion fee including visa, travel, accommodation, and academic expenses for the module on an actual basis.

Boarding and lodging expenses during campus visits shall be payable on an actual basis at the prevailing rates. Hostel accommodation on a sharing basis is limited and preference shall be given to outstation candidates.

The payment schedule is as below:

Payment Schedule

At the time of giving an offer of admission to an applicant, a last date of withdrawal will also be announced. Any withdrawal from the program by that date will attract Rs 7,000/- (plus taxes as per Government of India rules) as a processing fee and the remaining amount will be refunded. If the withdrawal request comes after the date of withdrawal, no money will be refunded. After joining the program, all paid fee installment amounts are non-refundable.

The fees for IPMX: 2023 – 24 is Rs 26,00,000 + refundable caution money of Rs 20,000 + Alumni Membership Fee of INR 5,000. The fee includes tuition fee, cost of course material, basic accommodation (Single Occupancy Room with a shared washroom) facility on campus, food charges, computing and networking, library services, career counseling, student activities, and convocation. Other limited accommodations (like an attached toilet, furnished room with an attached toilet, and common kitchen) will be available with additional charges.

The fee also includes the cost of academic inputs, travel, visa, and stay during the Overseas Module. Expenses for boarding and other incidentals like local transport, internet, telephone, stationery, etc. during the Overseas Module, would be borne by the student.

Tentative Payment Schedule

*Tentative

At the time of giving an offer of admission to an applicant, a last date of withdrawal will also be announced. Any withdrawal from the program by that date will attract Rs 30,000/- as a processing fee and the remaining amount will be refunded. If the withdrawal request comes after the date of withdrawal, no money will be refunded. No refund after the start of the classes. After joining the program, all paid fee installment amounts are non-refundable.

Fee Structure and Payment Modes for IIM Indore

The Program Fee is Rs.17,60,000/- (Rupees seventeen lakh sixty thousand only). The Commitment Fee is payable at the time of accepting the Institute’s offer of admission. Term-wise fee is payable before the commencement of a Term as shown in the table below:

* The Alumni Fee is payable along with the Term I fee. Taxes on the Alumni Fee, as applicable, will be extra.

For Online Payment please use the following methods to make the payment of the program fee:

Online Payments: NEFT/RTGS

Fee Structure and Payment Modes for IIM Kozhikode

The total fee for the program is Rs. 10,00,000/-(Rupees Ten Lakhs) payable in installments.

The above fees include program delivery, books and instruction material, simulations, and access to all on-campus facilities such as library resources. However, this fee does not include the boarding and lodging charges for the proposed campus immersion modules at IIM Kozhikode.

Fee Structure and Payment Modes for IIM Trichy

The total fee for the PGPBM program comprises two parts:

(I) Non-refundable Course Fee – Rs. 11,80,000/- plus applicable taxes

(II) Refundable Caution Deposit - Rs. 10,000/-

The non-refundable course fee is Rs. 11,80,000/- that includes Tuition, Library, Case Permission Royalty, Textbooks, Academic Course Pack, Examination, and Alumni activity. The fee is for the total course and is not related to the number of terms. However, for ease of payment, the course fee is structured to be paid in eight installments, the first one amounting to Rs. 2,10, 000/- and Installments II to VIII amounting to Rs. 1,40, 000/- due every three months. The date of payment of the fee installments will be announced by the PGPBM Office.

(* Includes the Caution Deposit of Rs.10,000/- refundable on graduation/withdrawal from the program.)

Fee Structure and Payment Modes for IIM Udaipur

For the Academic Year 2024 - 2025:

Note:

1. The fees above include tuition fees, living expenses, and caution deposit.

2. The breakdown is as follows:

3. The first installment of Rs. 7,00,000 includes the refundable caution deposit of Rs 30,000.

4. Living expenses shall cover payment to IIM Udaipur towards food and hostel room charges. These living expenses do not cover any other personal expenses that the candidates may incur while living at the IIMU campus.

5. In addition to the above, an Alumni Fee of Rs. 5,000/- will be payable at the time of payment of the third installment.

6. Goods and Services Tax (GST) is not applicable for this program.

Loans

Many major banks in India provide loans to cover most of the tuition fees and program expenses at IIMs. Details concerning rates of interest and other loan conditions should be confirmed directly with the banks.

Fee Structure and Payment Modes for IIM Ranchi

The fee for Executive MBA 2023-25 is ₹12,50,000 + refundable caution deposit of ₹10,000 + alumni membership fee of ₹10,000 + taxes as per Government of India rules.

Fee Structure and Payment Modes for IIM Vishakhapatnam

The table below gives an overview of the fee structure of PGPEx:

Fee Structure and Payment Modes for IIM Shillong:

The course fee for domestic and international participants is around ₹ 22.71 lakhs, including tuition fees, student activities, library, alumni, insurance, and mess charges in India. The International Immersion fee is based on actuals. The indicative International Immersion fee is around 4 lacs and is not included above. Bank loans are generally available from commercial banks if necessary.

Fee Structure and Payment Modes for IIM Kashipur: