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Eligibility: Graduation with 50%
Eligibility: Graduation with 50% + GMAT
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Explore Management collegesIIM Indore publishes different fee schedules for its programmes, student routes and batches. For the PGP 2026–28 batch, the Indian CAT-route schedule lists ₹24.118 lakh in course and alumni charges, or ₹25.158 lakh including the first-year caution and mess deposits. The separate EPGP 2027–28 schedule lists a total of ₹26.768 lakh for Indian nationals, including its programme fee, caution deposit, alumni membership and commitment fee. These figures are not directly interchangeable: the programmes have different durations, included services and payment terms.
The fee page reviewed here was updated on January 9, 2026 for the PGP 2026–28 and IPM batches IV and V schedule. EPGP has its own 2027–28 schedule. Treat each amount below as belonging to the named programme and cohort; no amount is asserted as the price for a later intake where a matching official schedule was not found.
For Indian students through CAT, the official PGP schedule lists ₹12 lakh in each academic year. The second year also includes an ₹11,800 alumni fee, making the two-year course and alumni charges ₹24,11,800. The schedule separately asks for a ₹50,000 refundable caution deposit and a ₹54,000 mess deposit in the first year. Adding both deposits gives a listed two-year total of ₹25,15,800: ₹13,04,000 for 2026–27 and ₹12,11,800 for 2027–28.
The ₹24.118 lakh and ₹25.158 lakh figures answer different budgeting questions. The first adds course and alumni charges; the second also includes the listed deposits. The institute says the caution deposit is refundable after course completion, after deduction of actual insurance premiums and other applicable dues. The mess deposit is adjusted against actual mess bills. Textbooks are not included, and insurance charges are based on actuals. Do not treat refundable or adjustable deposits as tuition, and do not assume actual insurance or mess charges will equal the deposit.
The page also has a distinct NRI/foreign-national schedule through GMAT/SAT. It lists ₹18 lakh in course fees for each year, ₹11,800 alumni fee in year two and the same ₹50,000 caution and ₹54,000 mess deposits in year one. Its schedule total is ₹37,15,800 across two years, of which course and alumni charges are ₹36,11,800. This is a different application route and fee basis from the Indian CAT table.
The same official fee page labels its other schedule for IPM batches IV and V in academic years 2026–27 and 2027–28. Its table columns are named “PGP-I/IPM-IV” and “PGP-II/IPM-V.” The amounts shown for those listed study years are ₹12 lakh course fee in each year, with first-year deposits and the second-year alumni fee set out in the table. The domestic CAT-route amounts therefore appear in that table for those named PGP/IPM study-year groups.
This is not a complete five-year cost for an incoming IPM student. The page does not identify those listed IPM groups as the incoming 2026–31 batch or provide a full five-year total for that cohort. Do not multiply one year’s fee by five or transfer the PGP 2026–28 total to the newer IPM batch. Ask the IPM office for the applicable schedule for your exact cohort and year of study, and check whether meal deposits or other charges are optional or paid separately. The published schedule notes that mess is optional for IPM and that the mess deposit is adjusted against actual bills.
IIM Indore’s separate EPGP fee page lists a total of ₹26,76,800 for Indian nationals. It comprises a ₹26,40,000 programme fee, ₹25,000 refundable caution deposit, ₹11,800 alumni membership fee including GST and a ₹1,00,000 commitment fee. The corresponding total shown for foreign nationals is ₹39,96,800, comprising a ₹39,60,000 programme fee plus the same three listed additional charges. The schedule presents these totals for EPGP 2027–28; it is not a PGP or IPM fee table.
For Indian nationals, the page lists ₹25,76,800 as the lump-sum payment option, separate from the ₹1 lakh commitment fee. The installment option with a ₹10 lakh bank guarantee lists ₹15,76,800 as the first installment, followed by ₹7 lakh and ₹3 lakh. These three installments total ₹25,76,800; adding the commitment fee gives the displayed total of ₹26,76,800. Foreign nationals have a separate schedule: ₹38,96,800 as the lump-sum amount before the commitment fee, or installments of ₹28,96,800, ₹7 lakh and ₹3 lakh, plus the commitment fee. Confirm the bank-guarantee and payment conditions in the current fee notice before selecting a route.
The EPGP fee page says the programme fee includes tuition, course material, library access, network/computer charges, lodging and boarding, and alumni membership. It separately states that international travel, visa, passport, and international lodging and boarding expenses are to be borne by the candidate, while expenses toward international academic input are included. The caution deposit is refundable after completion subject to health-insurance charges and other dues. The schedule dates the first, second and third installments around registration in April 2027 and the later 2027 terms; check the live schedule before payment.
IIM Indore’s Need Based Financial Assistance page says admitted participants in PGP, PGP-HRM and IPM with annual family income below ₹12 lakh are eligible to apply. Eligibility is permission to apply, not a guaranteed award or a fixed waiver. The NBFA Committee assesses the application and may call applicants for an interaction. The institute says the award amount is decided year by year as a percentage of the maximum assistance offered, taking family income and assets into account; disciplinary records are also considered.
The published NBFA guidance names PGP, PGP-HRM and IPM. It does not establish that this assistance applies to EPGP. Applicants should obtain the current form and instructions from the relevant programme office, submit supporting documents by the stated deadline and avoid subtracting a possible award from the fee budget before it is confirmed.
When you compare programme costs, record four items separately: programme or course fee, one-time or refundable deposits, alumni or commitment charges, and costs based on actual use. Then check whether the schedule is for Indian CAT applicants, NRI/foreign candidates, IPM students already in a specified year, or EPGP participants. For the PGP 2026–28 schedule, the two course years plus alumni fee total ₹24,11,800; the deposits raise the amount listed across those years to ₹25,15,800. For EPGP 2027–28, the displayed total includes the commitment fee and refundable caution deposit, while the listed lump sum is lower because it excludes the commitment fee already payable at offer acceptance.
These schedules do not establish an overall amount for every programme or future batch. Before accepting an offer, match the fee page to your admission route and cohort, read the installment and refund notes, and confirm any later revision with IIM Indore. If you are considering IPM, request the exact entry-cohort schedule rather than treating a table for IPM IV/V as the five-year price.
