ICFAI Business School (IBS) Courses & Fee Structure

IBS Ahmedabad’s official fee pages show two different reference periods for its two-year Postgraduate Program in Management (PGPM). The current admissions page lists ₹4.545 lakh per annum for the 2027–29 PGPM at Ahmedabad and four other campuses. A separate fee-details page lists ₹9.09 lakh for the two-year Ahmedabad PGPM for 2026–28. These figures use different editions and different bases: the first is an annual rate for the upcoming cohort, while the second is a two-year total for an earlier cohort. Do not treat the older total as a confirmed 2027–29 invoice. IBS admissions · IBS fee details

What the published amounts cover

For 2027–29, IBS lists ₹4.545 lakh per annum for PGPM campuses Ahmedabad, Gurgaon, Kolkata, Mumbai and Pune. The page does not provide an installment calendar for the Ahmedabad cohort or state whether the annual amount will remain unchanged for both years. As a conditional calculation, ₹4.545 lakh multiplied by two is ₹9.09 lakh. That arithmetic matches the 2026–28 published total, but the coincidence does not establish the total payable by the 2027–29 cohort. Confirm the current two-year fee and installment dates in the offer or fee letter before budgeting. IBS admissions · IBS fee details

The 2026–28 fee-details page identifies the Ahmedabad programme as PGPM and gives ₹9.09 lakh for two years. Its note says a refundable ₹10,000 caution deposit is payable with the first installment across campuses and that living expenses are extra. The page does not itemise the Ahmedabad academic amount into tuition, admission charges or other components in the captured schedule. It also does not state the deposit refund timetable or the refund conditions if a student withdraws. Ask for the batch-specific written schedule and policy rather than assuming the prior cohort’s payment dates or refund rules carry forward. IBS fee details

The admissions page separately lists ₹1,800 for the bulletin and application form. This is an application-stage charge, not part of the published academic fee total. The saved page explains online and marketing-office purchase routes but does not state whether the application amount is refundable. Check the payment terms shown at checkout and keep the receipt. IBS admissions

Living costs and accommodation

IBS’s FAQ says hostel accommodation is available at Hyderabad and Jaipur; hostels are not available at the other IBS campuses. For those campuses, the FAQ says local administration can assist students in finding suitable nearby off-campus accommodation. The page gives a broad living-expense range of ₹10,000–₹15,000 per month for “these cities,” but it does not break the estimate out for Ahmedabad or identify what it includes. Treat it as a general reference, not an Ahmedabad rent quote or guaranteed housing offer. IBS FAQs

For Ahmedabad, contact the campus for current housing contacts and check actual rent, security deposit, meals, utilities and travel from the property to campus. The FAQ does not say that administration will secure a room, pay any part of the rent or verify a landlord. Living expenses are expressly outside the 2026–28 fee total. Do not add the general monthly range to the course fee as though it were a campus-specific two-year cost. IBS FAQs · IBS fee details

Financing and a responsible two-year budget

The FAQ says selected candidates can avail education loans from public- or private-sector banks and identifies an agreement with HDFC Credila Financial Services. This describes financing options, not a guaranteed sanction, interest rate, eligibility decision or subsidy. Compare a bank’s written terms, repayment start date, processing charges, collateral requirements and total repayment separately from the programme fee. A loan can spread payment but does not reduce the amount charged by IBS. IBS FAQs

A practical budget should keep four lines separate: the 2027–29 annual academic reference; the separate application-form charge; any caution deposit and its refund conditions; and living costs for an actual Ahmedabad accommodation choice. The public pages captured here do not provide a complete 2027–29 cost-of-attendance schedule, a campus-specific rent estimate, hostel/mess charges for Ahmedabad, or the current payment and withdrawal calendar. Until IBS supplies those items in writing, a precise all-in total cannot be calculated from the headline rate alone.

Questions to confirm before paying

Ask admissions for the 2027–29 Ahmedabad PGPM fee letter, the amount due at each installment, and a breakdown of academic and non-academic charges. Confirm whether the ₹10,000 refundable deposit applies to the new cohort, when it is returned, and what deductions may apply. Request the current refund and withdrawal policy, including the date-specific amounts retained if you leave before classes begin. The old 2026–28 total and deposit note are useful reference points, but they do not answer those cohort-specific questions.

For accommodation, get current Ahmedabad options and confirm what “assistance” means in practice. Estimate the actual lease, deposit, utilities, meals and commute for your chosen location. If relying on a loan, compare an actual bank sanction and repayment schedule rather than assuming approval from the FAQ’s mention of lenders. Keep the fee offer, payment receipts and any written clarification with your enrollment records.

The key comparison is therefore not simply ₹9.09 lakh versus another school’s total. Match programme, cohort, fee basis and what is included. IBS publishes an annual 2027–29 reference and a two-year 2026–28 Ahmedabad total, while separately identifying a refundable deposit and extra living expenses. Those disclosures are useful for a first comparison, but the full amount payable for the new batch remains unconfirmed until IBS provides its current installment schedule and living-cost details. IBS admissions · IBS fee details