The Integrated Program in Management (IPM) is a unique five-year course that blends undergraduate and postgraduate education. First launched by IIM Indore in 2011, it has grown into a highly sought-after program offered by multiple IIMs and top private universities in India. Let’s check out all the IIM IPM Fees and Non-IIMs IPM Fees.
If you’re planning to pursue IPM, understanding the fee structure is crucial. Below is a detailed breakdown of the program costs at both IIMs and non-IIM institutions.
Summary Table: IIM IPM and Non-IIMs Fees
| Institute | First 3 Years (UG) | Last 2 Years (PG) | Total Fees (Approx) | Hostel & Mess | Mode of Admission |
|---|---|---|---|---|---|
| IIM Indore | ₹5–6 lakhs/year | ₹9–11 lakhs/year | ₹35–40 lakhs | Included | IPMAT Indore |
| IIM Rohtak | ₹6–6.5 lakhs/year | ₹9–10.5 lakhs/year | ₹34–36 lakhs | Included | IPMAT Rohtak |
| IIM Ranchi | ₹5.5–6 lakhs/year | ₹8.5–10 lakhs/year | ₹33–35 lakhs | Partial | IPMAT Indore |
| IIM Jammu | ₹6.5-7 lakhs/year | ₹10–11 lakhs/year | ₹32–34 lakhs | Extra (~₹1.2 L/year) | JIPMAT |
| IIM Bodh Gaya | ₹5.5-6.2 lakhs/year | ₹9–10 lakhs/year | ₹30–33 lakhs | Extra | JIPMAT |
| IIM Shillong | ₹3–3.8 lakhs/year | ₹6.5–7.5 lakhs/year | ₹24–38 lakhs | Extra (~₹1 L/year) | IPMAT Indore |
| NALSAR Hyderabad | ₹3.5–4 lakhs/year | ₹4–5 lakhs/year | ₹15–18 lakhs | Extra | NALSAR IPM Test |
| NMIMS Mumbai | ₹4–4.5 lakhs/year | ₹5–6 lakhs/year | ₹18–22 lakhs | Extra | NPAT |
| Nirma University | ₹3.5–4 lakhs/year | ₹5–6 lakhs/year | ₹18–20 lakhs | Extra | IPMAT Indore |
| TAPMI Bengaluru | ₹4–4.5 lakhs/year | ₹6–7 lakhs/year | ₹22–23 lakhs | Extra | JIPMAT / IPMAT |
| ABV Bhopal | ₹50,000–₹1 lakh/year | ₹1–1.2 lakhs total | ₹2.5–3 lakhs | Subsidized | JIPMAT |
IIM IPM Fees
1. IIM Indore IPM Fees
Total Fees (5 years): ₹35–₹40 lakhs
IIM Indore’s IPM is one of the most reputed and hence comes with a premium cost. Education loans are widely available for this program.
- First 3 years: ₹5–6 lakhs/year
- Last 2 years (PGP): ₹9–11 lakhs/year
- International students: ₹8–9 lakhs/year (UG) + ₹16 lakhs/year (PG)
- Hostel & Mess: Included
2. IIM Rohtak IPM Fees
Total Fees (5 years): ₹34–₹36 lakhs
IIM Rohtak is known for strong academics and a structured internship system.
- First 3 years: ₹5.5–6.5 lakhs/year
- Last 2 years (PGP): ₹9–10.5 lakhs/year
- Hostel & Mess: Included
3. IIM Ranchi IPM Fees
Total Fees (5 years): ₹33–₹35 lakhs
This institute provides a good academic environment along with excellent infrastructure.
- UG Years: ₹5.5–6 lakhs/year
- PG Years: ₹17–20 lakhs for 2 years
- Hostel & Mess: Partially included
4. IIM Jammu IPM Fees
Total Fees (5 years): ₹32–₹34 lakhs
Famous for its scenic campus and upcoming reputation.
- First 3 years: ₹6.5–7 lakhs/year
- Last 2 years: ₹10–11 lakhs/year
- Hostel & Mess: Extra (~₹1.2 lakh/year)
5. IIM Bodh Gaya IPM Fees
Total Fees (5 years): ₹30–₹33 lakhs
An institute promoting research and startup culture.
- First 3 years: ₹5.5-6.2 lakhs/year
- Last 2 years: ₹18–20 lakhs (total)
- Hostel & Mess: Extra
6. IIM Amritsar IPM Fees (New Program – Starting 2025)
Expected Cost (First 3 years): ₹15–₹18 lakhs
The PGP (MBA) fees are expected to be ₹17–20 lakhs.
- Official fee structure: Yet to be fully released
- Program focus: Real-world problem-solving and leadership
7. IIM Shillong IPM Fees
Total Fees (5 years): ₹24–₹38 lakhs
IIM Shillong launched its IPM program for the 2025–30 batch.
- First 3 years: Around ₹3–3.8 lakhs/year (≈₹11–12 lakhs total)
- Last 2 years (PGP): As per existing MBA fee, around ₹13–15 lakhs total
- Hostel & Mess: Extra (~₹1–1.2 lakh/year)
It’s one of the more affordable IIM IPM programs in the first half, with costs rising during the MBA phase.
Non-IIMs Offering IPM or Equivalent Programs
1. NALSAR University of Law, Hyderabad (BBA-MBA)
Total Fees: ₹15–18 lakhs
Specialization available in Legal Management.
- Hostel & Mess: Extra (~₹1.2–1.5 lakh/year)
2. NMIMS Mumbai (School of Business Management)
Total Fees: ₹18–22 lakhs
Admission through NPAT; options include MBA Tech and BBA+MBA.
- Hostel (Optional): ₹1.5–2.5 lakhs/year
3. Nirma University – IPM
Total Fees: ₹18–20 lakhs
Admissions via IPMAT Indore.
- Hostel & Mess: Extra (~₹1.5 lakh/year)
4. TAPMI Bengaluru – IPM
Total Fees: ₹22–23 lakhs
Known for its quality education and professional grooming.
- Hostel & Mess: Extra (~₹1.8 lakh/year)
5. IIFT Kakinada – IPM
Total Fees: ₹30–32 lakhs
The first 3 years cost around ₹12 lakhs.
- Hostel & Mess: Not included
Scholarships & Financial Aid
- IIMs: Offer need-based scholarships. Education loans are available from most major banks with favorable terms due to IIM branding.
- Private Colleges (like NMIMS, Nirma): Provide both merit-based and need-based scholarships depending on performance and financial background.
Conclusion
While the IPM programs at IIMs are on the expensive side, they offer unparalleled brand value, exposure, and placement opportunities—making the investment worthwhile for many. On the other hand, non-IIM institutions like NALSAR, NMIMS, and Nirma offer competitive programs at a more affordable range, making them viable alternatives.
Your decision should depend not just on fees, but also on factors like campus location, industry exposure, peer learning, placements, and long-term career goals.
Frequently Asked Questions (FAQs)
Why are IPM programs at IIMs so expensive?
Because they offer premium infrastructure, experienced faculty, and placements on par with top MBA programs. The last two years are equivalent to the flagship PGP.
Do IIMs offer scholarships?
Yes, mostly need-based. Family income typically should be below ₹4.5–6 lakhs/year. Some also offer merit-based awards.
Is there a separate fee for international students?
Yes, fees are generally higher for NRI or international students.
Are hostel and mess fees included?
Varies by institute. IIMs usually include or partially include it; private colleges often charge separately.
Can I get an education loan for IPM?
Absolutely. Most students fund their education through loans, especially for IIMs due to their strong credibility.
Do fees increase annually?
Yes, typically 5–10% per year. Always check the latest brochure.
Is the ROI worth it?
Top IIMs like Indore offer high ROI with ₹20+ LPA placements. Non-IIM ROI depends on the institute’s placement record.
Any hidden charges?
Yes, possibly: laptop, books, utilities, exchange programs, and student activity fees.
Do non-IIMs offer placements after IPM?
Yes, but quality and consistency may vary. Established brands like NMIMS do better.
Is it cheaper to do BBA + MBA separately?
It can be, but IPM offers better integration, grooming, and branding.
