IIM Raipur Fees
Ranjini Basu, 06 Mar 2019, #IIM Raipur
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IIM Raipur Fees - The Post-Graduate Programme in Management, better known as PGPM/PGP is the flagship programme of IIM Raipur. The PGP is aimed at offering a holistic development of the management students and groom them to be a proficient business leader. Indian Institute of Management Raipur has released the admission criteria for its PGP for 2019-21 batch. As per the admission criteria, the CAT cutoff for General category candidates has been increased while the same has been significantly decreased for other categories. The IIM Raipur fees amounts to Rs. 12,31,200 to be paid term-wise at the beginning of each term. Apart from this, the candidates of the academic session of 2018-20 paid Rs. 30,000 as the caution deposit(refundable) in the first year. No notification pertaining to IIM Raipur fees revision has been published for the academic batch of 2019-2021.

The tuition fees of each term of the two-year PGP programme in IIM Raipur is Rs. 1,45,200 (Rs. 1,45,200 x 6 = Rs. 8,71,200). The IIM Raipur fees amount to Rs. 12,61,200 including the refundable caution deposit. Careers360, in this article, provides aspirants information related to the fees of IIM Raipur including fee structure, number of seats, programme details and admission, and selection procedure.

The IIM Raipur fees for the batch of PGP 2018-20 covered the following fee components-


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Fees Details - IIM Raipur

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Components 

PGP- I (2018-19)

PGP- II (2019-20)

Total

Tuition Fees + Course related fees including library, utility and support charges, etc.  

Rs. 6,18,000

Rs. 6,13,200

Rs. 12,31,200

The table below displays information pertaining to the detailed fee structure (charges and expenses) of IIM Raipur for the two-year PGP/PGPM programme-


Particulars 

                

             PGP- I (2018-19)

         

          PGP- II (2019-20)


Term-I

Term-II

Term-III

Total 

Term-IV

Term-V

Term -VI

Total 

Total Charges (Rs.)

224400

196800

196800

618000

217200

198000

198000

613200

 IIM Raipur fees include tuition fees, course materials, computer charges, library fees, lodging charges, development fees, medical insurance charges, students’ association fees,  alumni activities. Additionally, a refundable caution deposit of Rs. 30,000 needs to be paid by  students in the first term which is refundable. Following table shows the break-up of the IIM Raipur fees.


Particulars 

                

             PGP- I (2018-19)

         

          PGP- II (2019-20)

Term-I

Term-II

Term-III

Total 

Term-IV

Term-V

Term-VI

Total 


Tuition Fees

    
145200

    
145200

    
145200

    
435600


145200


145200


145200

    
435600

Course Materials

    
12000

      
12000  

    
12000

    
36000

    
12000

      
12000  

    
12000

    
36000

Computer Charges

    
12000

      
12000  

    
12000

    
36000

    
12000

      
12000  

    
12000

    
36000

Library Fees


16800


16800


16800


50400

    
18000

    
18000

    
18000


54000

Lodging Charges


10800


10800


10800

    
32400

    
10800

    
10800

    
10800

    
32400

Development Fees

    
18000

-

-

    
18000

    
18000

-

-

    
18000

Medical Insurance Charges

    

1200

-

-

    

1200

    

1200

-

-

    

1200

Students’ Association Fees

    

6000

-

-

    

6000

-

-

-

-

Alumni Activities

2400

-

-

2400

-

-

-

-

Caution Deposit (Refundable)

    

30000

-

-

    

30000

-

-

-

-


IIM Raipur Fees - Things to Remember

  • Candidates need to deposit an amount of Rs. 50,000 while accepting the offer of admission, which will be adjusted against the 1st term fees.

  • The balance amount of Rs 2,04,400 towards 1st Term fees needs to be deposited at the time of registration.

  • The IIM Raipur fees/deposits mentioned under the Students' Association Fees, Alumni Activities and Caution Deposit are payable only one time in two years.

  • The term-wise amount indicated in the table above is payable at the beginning of each term.

  • Charges towards boarding facility would be approximately of 4500 Rs. per month. Actual amount will be intimated to students later.


IIM Raipur Programme, Structure, and Seats
The number of seats in IIM Raipur pertaining to the PGP programme is 210. Apart from the popular PGP/PGPM programme, IIM Raipur offers certain other postgraduate management courses, namely,

  • Post-Graduate Programme in Management for Working Executives

  • Executive Fellow Program in Management (EFPM)

  • Fellow Programme in Management (FPM)


IIM Raipur- Admission Process
Candidates looking forward to pursuing PGP course in IIM Raipur should appear for CAT and meet certain other IIM Raipur admission criteria mentioned below-

Stages of IIM Raipur Admission Criteria 2019-21

  • CAT 2018 score to shortlist candidates

  • Shortlisted candidates for Written Ability Test (WAT) and Personal Interview (PI)

  • Final Selection based on CAT Score, Profile Score which includes Academic Performance, and Work Experience. 

Selection Procedure of IIM Raipur
The final selection of IIM Raipur is based on the aggregate score of CAT, WAT and PI along with the candidate’s academic performance, work experience and diversity. IIM Raipur has made some major alterations in the CAT cutoff 2018. For General category candidates, the overall IIM Raipur CAT cutoff score has been increased to 95 percentile as compared to 90 percentile last year. However, the sectional cutoff is the same as last year i.e. 80 percentile. The sectional, as well as overall CAT cutoff 2018 for other categories (NC-OBC, SC, ST, and DAP) has been decreased significantly for the next academic session (2019-21).

The following table displays the weightage given to each selection round-


IIM Raipur Selection Procedure 2019-21

Stage

Weightage

CAT score

35 percent

Personal Appearance (WAT & PI)

35 percent

Profile (Academic Performance+Work Experience+Diversity)

30 percent


IIM Raipur- Placement
More than 150 companies participate in the placement programme of IIM Raipur. Sales and marketing domain is the most sought-after domain as batches receive maximum number of offers for these roles. Analytics & Consulting profiles saw a tremendous rise, with students bagging impactful roles in some of the most prestigious companies. A plethora of offers are also made in Operations & IT domains with many companies offering strategic roles to deserving candidates.

IIM Raipur Fees - Bank Loans
Candidates can opt to take Education Loan from banks to pay the IIM Raipur fees. An education loan of Rs 15-20 Lakh is readily offered to applicants by various private and government banks who secure admission in one of the premier colleges in India (like IIMs, ISB, SPJIMR, IITs, BITS etc). Banks at times ask students to provide a collateral security for granting the required education loan. Students need to check the interest rates and processing fee with individual banks.

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