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IIM Executive MBA Fees - Courses, Fee Structure, Payment Method
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CAT Application Date:01 Aug' 25 - 13 Sep' 25
IIM Executive MBA Fees - As a discerning working professional prior knowledge of IIM Executive MBA fees can help you to plan your MBA journey efficiently. IIM executive MBA programs can elevate your career trajectory exponentially. With these programs, you can dive into unparalleled excellence and unlock new avenues of professional growth and leadership potential. IIMs situated in various parts of the country offer Executive MBA courses for experienced working professionals.
This Story also Contains
- IIM Executive MBA Fees: Overview
- IIM Executive MBA: Eligibility Criteria
- IIM Executive MBA Fees for Different Programs
- IIM Executive MBA: Placements and Scope for Future
- IIM Executive MBA Fee: How to pay
- Fee Structure and Payment Modes for IIM Bangalore
- Fee Structure and Payment Modes for IIM Calcutta
- Fee Structure and Payment Modes for IIM Lucknow
- Fee Structure and Payment Modes for IIM Indore
- Fee Structure and Payment Modes for IIM Kozhikode
- Fee Structure and Payment Modes for IIM Udaipur
- Fee Structure and Payment Modes for IIM Ranchi
- Fee Structure and Payment Modes for IIM Vishakhapatnam
- Fee Structure and Payment Modes for IIM Shillong:
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 | Course | Fees (Rs. approx) | Duration | Work Experience Required |
Post Graduate Program in Management for Executives (PGPX) | 32 lakhs | 1 year | 4 years | |
Post Graduate Program Enterprise Management (PGPEM) | 20 lakhs | 2 years | 4 years | |
IIM Bangalore | Executive Post Graduate Program (EPGP) | 23 lakhs | 1 year | 5 years |
MBA Program for Executives (MBA Ex) | 31 lakhs | 1 year | 5 years | |
Post Graduate Program in Management for Working Executives (PGPWE) | 14 lakhs | 2 years | 3 years | |
IIM Lucknow | International Program in Management for Executives or IPMX | 24 lakhs | 1 year | 5 years |
General Management Program for Executives (GMPE) | 6 lakhs | 1 year | 3 years | |
IIM Indore | Post Graduate Program in Management for Working Executives (PGPMX) | 18 lakhs | 2 years | 5 years |
Executive Post Graduate Program (EPGP) | 14 lakhs | 1 year | 3 years | |
Post Graduate Program in Business Management ( PGPBM) | 12 lakhs | 2 years | 3 years | |
Executive Post Graduate Program in Management ( EPGP) | 12.5 lakhs | 2 years | 2 years | |
Post Graduate Program in Management for Executives (ePGPX) | 8 lakhs | 1 year | 5 years | |
MBA in Global Supply Chain Management | 23 lakhs | 1 year | 3 years | |
Post Graduate Executive Program in Management (PGEXP) | 12.5 lakhs | 2 years | 5 years | |
Post Graduate Program for Experienced Professionals (PGPEx) | 11 lakhs | 1 year | 3 years | |
Post Graduate Program for Working Executives (MBAWx) | 12 lakhs | 2 years | 3 to 5 years | |
Post Graduate Program for Working Executives (MBAWx) | 12 lakhs | 2 years | 3 years |
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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:
Phase | Married Student Housing (MSH)* | Single Accommodation* |
First Commitment fee | Rs 2,00,000 | Rs 2,00,000 |
Second Commitment fee | Rs 2,00,000 | Rs 2,00,000 |
Third Commitment fee | Rs 14,50,000 | Rs 14,50,000 |
Balanced Program fee | Rs 16,50,000 | Rs 14,50,000 |
Caution Deposit (Refundable) | Rs 70,000 | Rs 35,000 |
Payment Mode-2:
Phase | Married Student Housing (MSH)* | Single Accommodation* |
First Commitment fee | Rs 2,00,000 | Rs 2,00,000 |
Second Commitment fee | Rs 2,00,000 | Rs 2,00,000 |
Balance Fee: 1st Installment | Rs 17,00,000 | Rs 15,10,000 |
Balance Fee: 2nd Installment | Rs 9,60,000 | Rs 9,50,000 |
Balance Fee: 3rd Installment | Rs 4,79,000 | Rs 4,79,000 |
Caution Deposit (Refundable) | Rs 70,000 | Rs 35,000 |
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:
Particulars | Amount (Rs) |
Tuition Fee | 20,11,000 |
Refundable Cautoin Deposit | 10,000 |
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.
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Download NowThe tuition fee for EPGP 2024-25 is as follows:
EPGP 2024-25 BATCH | IIMB Hostel Accommodation for Single Student/Student with Spouse (in Rupees) | For Family accommodation outside campus (in Rupees) |
Tuition Fee | 25,00,000 | 25,00,000 |
Accommodation Charges | 80,000 | 3,76,000 |
International Immersion | 5,00,000 | 5,00,000 |
Refundable Deposit | 25,000 | 20,000 |
Total | 31,05,000 | 33,96,000 |
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.
Payment of Indian Rupees 2,00,000/- (commitment fee) at the time of acceptance of the admission offer.
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.
Payment of Indian Rupees 10,00,000/- by July 21, 2024 (third installment)
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
Amount to be paid | Last date of Payment |
Rs 70, 000 | At the time of acceptance of the admission offer. |
Rs 1,58,000 | At the time of registration to the Program in the first week of April 2024 (including caution money Rs. 10000)+ Boarding & Lodging* (As per prevailing rates. Subject to revision.) |
Rs 1,48,000 | At the time of the start of Term 2 |
Rs 1,48,000 | At the time of the start of Term 3 |
Rs 1,48,000 | At the time of the start of Term 4 |
Rs 1,48,000 | At the time of the start of Term 5 |
Rs 1,48,000 | At the time of the start of Term 6 |
Rs 1,47,000 | At the time of the start of Term 7 (includes Alumni Fee Rs. 5000) |
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
Amount to be paid | Last date of payment for Phase 1 students | Last date of payment for Phase 2 students |
Rs 3,00,000 | January 20, 2024 | March 15, 2024 |
Rs 5,75,000 + Caution money, Rs 20,000 + Alumni fee, Rs 5,000 +Additional accommodation charges (if any) | 2nd week of March 2024* | Last week of March 2024* |
Rs 5,75,000 | 2nd week of May 2023* | 2nd week of May 2023* |
Rs 5,75,000 | 2nd week of September 2024* | 2nd week of September2024* |
Rs 5,75,000 | 2nd week of December 2024* | 2nd week of December2024* |
*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:
Fee Particulars | Amount (Rs.) |
Commitment Fee | 1,00,000.00 |
Term I | 2,85,000.00 |
Term II | 2,75,000.00 |
Term III | 2,75,000.00 |
Term IV | 2,75,000.00 |
Term V | 2,75,000.00 |
Term VI | 2,75,000.00 |
Alumni Fee* | 10,000.00 |
* 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.
Installment | Fees Payable |
|---|---|
1 | Rs. 50,000 |
2 | Rs. 1,60,000* |
3 | Rs. 1,40,000 |
4 | Rs. 1,40,000 |
5 | Rs. 1,40,000 |
6 | Rs. 1,40,000 |
7 | Rs. 1,40,000 |
8 | Rs. 1,40,000 |
9 | Rs. 1,40,000 |
(* 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:
Candidates admitted in (Cycle 1) | Candidates admitted in (Cycle 2) | Candidates admitted in (Cycle 3) | Candidates admitted in (Cycle 4) | Candidates admitted in (Cycle 5) | |
Commitment Fees (Non-refundable) | 1,00,000 | 1,00,000 | 1,00,000 | 1,00,000 | 1,00,000 |
First Installment | 7,00,000 | 7,00,000 | 7,00,000 | 7,00,000 | 7,00,000 |
Second Installment | 7,35,000 | 7,35,000 | 7,35,000 | 7,35,000 | 7,35,000 |
Third Installment | 7,40,000 | 7,40,000 | 7,40,000 | 7,40,000 | 7,40,000 |
Grand Total | 22,75,000 | 22,75,000 | 22,75,000 | 22,75,000 | 22,75,000 |
Note:
1. The fees above include tuition fees, living expenses, and caution deposit.
2. The breakdown is as follows:
Tuition fees: | 20,00,000 |
Living expenses: | 2,45,000 |
Caution deposit (refundable) | 30,000 |
Total | 22,75,000 |
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.
Amount | Payment Deadline |
₹1,45,000 | During acceptance of admission offer (inclusive of caution deposit and alumni fee) |
₹2,25,000 | At the start of Term 1 |
₹2,25,000 | At the start of Term 2 |
₹2,25,000 | At the start of Term 3 |
₹2,25,000 | At the start of Term 4 |
₹2,25,000 | At the start of Term 5 |
Fee Structure and Payment Modes for IIM Vishakhapatnam
The table below gives an overview of the fee structure of PGPEx:
1st Installment | 2nd Installment | 3rd Installment | 4th Installment | 5th Installment | 6th Installment |
As per the date indicated in the Admission Offer Letter | August 10, 2024 | November 10, 2024, | March 10, 2025 | July 10, 2025 | October 10, 2025 |
Rs 1,80,000 | Rs 1,80,000 | Rs 1,80,000 | Rs 1,80,000 | Rs 1,80,000 | Rs 1,80,000 |
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:
First Year Fee | ||||||
S.No. | Particulars | Term-I (₹) | Term-II (₹) | Term-III (₹) | Term-IV (₹) | Total (₹) |
1 | Admission Fee | 50,000 | ||||
2 | Course Fee | 1,50,000 | 1,50,000 | 1,50,000 | 1,50,000 | |
3 | Caution Deposit | 10,000 | ||||
Total (1st year) | 2,10,000 | 1,50,000 | 1,50,000 | 1,50,000 | 6,60,000 | |
Second Year Fee | ||||||
S.No. | Particulars | Term-V (₹) | Term-VI (₹) | Term-VII (₹) | Term-VIII (₹) | Total (₹) |
1 | Admission Fee | |||||
2 | Course Fee | 1,35,000 | 1,35,000 | 1,35,000 | 1,35,000 | |
3 | Caution Deposit | |||||
Total (2nd year) | 1,35,000 | 1,35,000 | 1,35,000 | 1,35,000 | 5,40,000 | |
Frequently Asked Questions (FAQs)
Q: Which IIM is best for an Executive MBA?
A:
When it comes to IIM then IIM Ahmedabad is undoubtedly considered to be the most premium B school in the country. Regarded as one of the best if not, it is hands down the first choice of aspirants for pursuing an Executive MBA.
Q: Which is the cheapest IIM for an Executive MBA?
A:
IIM Executive MBA fees vary according to several factors such as course, duration, etc. IIM Indore provides a General Management Program for Executives (GMPE) which has a 1-year duration and has a fee of 6 lakhs (approx).
Q: Does an Executive MBA in IIM require a CAT?
A:
Yes. For an Executive MBA in IIM, a candidate must have a valid score of MBA entrance exams like CAT, XAT, GRE, etc.
Q: Is 2 year Executive MBA worth it?
A:
An Executive MBA from IIM can give a significant boost when it comes to your career and professional aspirations. For all the cases, it's worthwhile to invest your time and hard work into one. Candidates are found to receive promotions and higher salary packages in their professional circles after an Executive MBA.
Q: Which stream is best for an Executive MBA?
A:
Choosing a stream for an Executive MBA is a crucial step. Streams like finance, marketing, and human resources are generally preferred and considered best. Your professional background will also be important when considering choosing a specific stream.
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Popular CAT Questions
Directions for question :
M/s Deloitte Touche Tohmatsu Limited, one of the top four audit and accounting firms in the world with headquarters at London, UK, and with an operational presence in 153 countries, hires Management Trainees (MT) from all the premier management institutes of India thrice every year, in the months of January, May and September.
Each new group of Management Trainees (MT) have to go through a four month rigorous training schedule, after which they have to pass through a test consisting of a written assessment and a case-analysis. The top hundred ranked Management Trainees (MT) based on the performance in the test are confirmed as Management Executives (ME). The rest are given the opportunity of undergoing the training for four months one more time along with the next batch of Management Trainees (MT) and then passing through the subsequent test consisting of the written assessment and case-analysis. The Management Trainee (MT) who fails to get confirmed as a Management Executive (ME) the second time is fired.
The scatter-graph below depicts the number of Management Trainees (MT) at Deloitte taking the tests from January 2020 till May 2022, and the vis-à-vis hired Management Trainees (MT) at Deloitte who were fired :
It is also known that for the month of September 2019 at Deloitte, 96 hired Management Trainees (MT) failed to be confirmed as a Management Executive (ME) the first time, and that 36 hired Management Trainees (MT) were fired.
Question :
In which test did the minimum number of Management Trainees (MT) get confirmed as a Management Executive (ME) in the second attempt ?
Option: 1
September 2020
Option: 2
May 2021
Option: 3
January 2021
Option: 4
January 2022
Directions for question:
The bar-graph given below shows the foreign exchange reserves of Nepal (in million Rupees) from 2014 to 2021. Answer the following questions based on the graph :
Question:
What was the percentage increase (rounded to the nearest integer, if deemed necessary) in the foreign exchange reserves in 2020 over 2016 ?
Option: 1 None
Option: 2 None
Option: 3 None
Option: 4 None
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