The fee structure is a decisive factor for various students to decide whether to go to a particular college or not. There are around 10 colleges in India that provide IPM courses through various IPMAT exam. We have ranked the colleges on the basis of their IPMAT Fees Structure 2025, ROI (Return on Investment), IPMAT placements, ranking and brand value. After the completion of BBA, the IPM batch is merged with the upcoming PGP (MBA) batch in which students come directly through CAT exam (which is written by graduates).
When evaluating IPM colleges, it is important to understand the IPMAT fees structure. The IPMAT fees for a five-year IPM course covers approximately INR 30 lakhs in IIM Ranchi along with the international immersion to INR 17-28 lakhs at IIM Indore, Rohtak, Jammu as well as Bodh Gaya. These fees cover tuition, accommodation and other charges related to academics. Covering the long term career benefits, analyzing the IPMAT fees helps to determine the true ROI.
IPMAT Fees 2025
The IIM IPMAT Fees for the IPM Colleges are listed below. Please note that the fee structure is subject to change as per the will of the colleges. The data shown here is taken from the original website for each of the colleges.
The IPMAT fees differ across institutes depending on the facilities they cover, brand value and other components. Understanding the IPMAT fees is important for evaluating the overall ROI from each college. Candidates are advised to cross check once from the official website for the most updated IPMAT fees structure.
| College Name | Fees (Approx.) |
| IIM Indore | 38 Lakhs (approx) |
| IIM Rohtak | 38 Lakhs (approx) |
| IIM Ranchi | 36.5 Lakhs (approx) |
| IIM Jammu | 40 Lakhs (approx) |
| IIM Bodhgaya | 38 Lakhs (approx) |
| IIM Shillong | 38 Lakhs (approx) |
| IIM Amritsar | 39 Lakhs (approx) |
| NIRMA University | 21 lakhs (approx) |
| TAPMI | 20 lakhs (approx) |
| NALSAR | 10 lakhs (approx) |
IIM Indore IPMAT Fees Structure
The IIM Indore accepts the IPMAT Indore exam. IPM fees for the first three years (BBA) are around INR 15 lakh. The fees for the PGP program (MBA) will be the latest fees at that time as per the notice issued by the IIM.
| Head | Term 1 | Term 2 | Term 3 | Term 4 | Term 5 | Term 6 | Term 7 | Term 8 | Term 9 |
| Course Fee | 1.7 L | 1.65 L | 1.65 L | 1.7 L | 1.65 L | 1.65 L | 1.7 L | 1.65 L | 1.65 L |
| Medical Insurance Premium | 711 | – | – | 711 | – | – | 711 | – | – |
| Refundable Caution Deposit | 50K | – | – | – | – | – | – | – | – |
| Mess Deposit | 18K | 18K | 18K | 18K | 18K | 18K | 18K | 18K | 18K |
| (The fee structure is for 3 years with 3 terms in each year.) |
Also Read : IIM MBA Fees
IIFT Kakinada Fees for IPM Program
IIFT Kakinada introduced its IPM Program in 2022. Those who have Mathematics or Business Mathematics or Statistics in class 12th and have cleared the cutoffs are eligible for this college. Here’s the fees structure:-
The course fee for resident Indians for the first three years of the IPM would be INR 12 Lakh. Course fee for the fourth and fifth years would be as per prevailing MBA in International Business Programme fees. Other charges would be extra.
Hostel / Mess charges would be intimated to the candidates while sending offer letters.
Also Read: IPMAT Syllabus
IIM Rohtak IPMAT Fees Structure
The IPM program was introduced in IIM Rohtak in 2019, and is the second IIM to do so, after IIM Indore. The total fees for the first three years of the program will be mentioned in the table below.
| Academic Year | Tuition Fee (INR) |
| Year I | 6,22,045 |
| Year II | 6,22,045 |
| Year III | 6,22,045 |
| Year IV | PGP available later |
| Year V | PGP available later |
The other charges are as under :
| Particulars | 1st Year (INR) | 2nd Year (INR) | 3rd Year (INR) | 4th Year | 5th Year |
| Study Material | 28,000 | 20,000 | 20,000 | PGP Charges at that time | PGP Charges at that time |
| Development Fee | 10,000 | 10,000 | 10,000 | ||
| Mess Caution Deposit | 10,000 | – | – | ||
| Security Deposit | 10,000 | – | – | ||
| Utility Deposit | 6,000 | 4,000 | 4,000 | ||
| Total | 64,000 | 34,000 | 34,000 |
Also Read: IPMAT Exam Pattern
IIM Ranchi IPM Fees 2025
The IPM program in IIM Ranchi was introduced in 2021, after IIM Rohtak. The total fees for the first three years of the program will be around INR 16 Lakhs. The fees for the IPM program for the next two years will be equal to the MBA program fees set for that year.
| Head | Term 1 | Term 2 | Term 3 | Term 4 | Term 5 | Term 6 | Term 7 | Term 8 | Term 9 |
| Course Fee | 2.5 L | 2.5 L | 2.5 L | 2.5 L | 2.5 L | 2.5 L | 2.5 L | 2.5 L | 2.5 L |
| Medical Insurance Premium | 711 | – | – | 711 | – | – | 711 | – | – |
| Refundable Caution Deposit | 50K | – | – | – | – | – | – | – | – |
| Mess Deposit | 18K | 18K | 18K | 18K | 18K | 18K | 18K | 18K | 18K |
Also Read: IPMAT Cutoff
IIM Jammu IPMAT Fees
IIM Jammu launched its IPM Program in the academic year 2021. IIM Jammu is the youngest IIM which got established in 2016 and it was ranked 41st by the NIRF Ranking in 2024. The IIM IPM Fees for IIM Jammu is:
| Sl. No. | Academic Year | Particulars | Semester 1 (INR) | Semester 2 (INR) | Total Fee (INR) |
| 1 | First Year | Tuition Fee | 1,96,350 | 1,96,350 | 3,92,700 |
| Other Academic/Non-Academic Expense | 1,11,570 | 1,11,570 | 2,23,140 | ||
| Total Fee | 3,07,920 | 3,07,920 | 6,15,840 | ||
| 2 | Second Year | Tuition Fee | 1,96,350 | 1,96,350 | 3,92,700 |
| Other Academic/Non-Academic Expense | 1,11,570 | 1,11,570 | 2,23,140 | ||
| Total Fee | 3,07,920 | 3,07,920 | 6,15,840 | ||
| 3 | Third Year | Tuition Fee | 1,96,350 | 1,96,350 | 3,92,700 |
| Other Academic/Non-Academic Expense | 1,17,570 | 1,11,570 | 2,29,140 | ||
| Total Fee | 3,13,920 | 3,07,920 | 6,21,840 | ||
| 4 | Fourth Year | PGP (MBA Year 1) Fee | Later | – | – |
| 5 | Fifth Year | PGP (MBA Year 2) Fee | Later | – | – |
Also Read: IPMAT Personal Interview
IIM Bodhgaya IPMAT Fees
IIM Bodh Gaya also launched its IPM Program in the academic year 2021 along with IIM Jammu. IIM Bodh Gaya was ranked 53rd by the NIRF framework. The total fees of the IPM Program will be around INR 28,50,000 (approx).
Also Read: IPMAT Mock Analysis
IIM Shillong IPM fees 2025
The IPM course at IIM Shillong for the 2025–30 batch costs around ₹38 lakhs. This covers all five years of the program, including both the BBA and MBA parts. The fee includes tuition, hostel, and other academic costs. IIM Shillong offers good facilities, strong academics, and experienced teachers, which is why the fee is set at this level.
IIM Amritsar IPM fees 2025
The IPM course at IIM Amritsar for the 2025–30 batch costs around ₹39 lakhs. This fee includes the full five years of study, covering both the undergraduate and postgraduate parts. It also takes care of tuition, hostel, and other academic charges. IIM Amritsar is known for its growing reputation, good campus facilities, and quality education, which is reflected in the overall fee structure.
NIRMA University, Gujarat
One of the top non-IIM B-school is Nirma University which offers placements of around 12-30 lakhs to its students. NIRF ranked Nirma University at 45th place in management. The fees for the first three years (BBA) would be around INR 21 lakhs (approx).
Also Read: Important Topics for IPMAT
TAPMI, Manipal IPM
TAPMI University started its IPM Program this year (i.e. 2023) at its Manipal campus in Karnataka. TAPMI Manipal has been ranked 7th among private colleges by IIRF 2023. The institute also ranked 58 by NIRF 2024 in Management Category. The IPM fees for TAPMI is 20 lakhs (approx.)
NALSAR, Hyderabad
NALSAR launched its IPM Program in 2021 and became the first law university to launch this five-year BBA+MBA program. NALSAR is graded A++ with a score of 3.60 on a four-point scale by NAAC. The IPMAT Fees for NALSAR is given below.
| Particulars | Fee |
| Tuition Fees | INR 2,20,000/- p.a. |
| Other Academic fee (Including Examination fee, Reading Material fee, etc.) | INR 1,00,000/- p.a. |
| User Charges (Room rent, Internet etc.) | INR 67,000/- p.a. |
| Refundable Deposits | INR 20,000/- (14,000/- for SC/ST) |
IPMAT Fees Vs. Placement
| Rank | IPM Colleges | IPMAT Fees | Avg. Pkg. | Highest Pkg. |
| 1 | IIM Indore | 38 lakhs (approx) | 30.21 LPA | 1.14 CPA |
| 2 | IIFT Kakinada | 12 lakhs (for first three yrs) + rest acc. to prevailing MBA | 29.10 LPA | 85.4 LPA |
| 3 | IIM Rohtak | 38 lakhs (approx) | 18.73 LPA | 36 LPA |
| 4 | IIM Ranchi | 36.5 lakhs (approx) | 17.30 LPA | 67 LPA |
| 5 | IIM Jammu | 40 lakhs (approx) | 16.50 LPA | 64 LPA |
| 6 | IIM Bodh Gaya | 38 lakhs (approx) | 15.68 LPA | 48 LPA |
| 7 | IIM Shillong | 38 lakhs (approx) | — | — |
| 8 | IIM Amritsar | 39 lakhs (approx) | — | — |
| 9 | Nirma University, Gujarat | 21 lakhs | 12.12 LPA | 30 LPA |
| 10 | TAPMI, Karnataka | 20 lakhs | 12.6 LPA | 15.7 LPA |
| 11 | NALSAR, Hyderabad | 10 lakhs | 7.3 LPA | 9 LPA |
Conclusion: IPMAT Fees
Understanding the IPMAT fees is important to make a smart decision while selecting the right IPM college. The total investment for a five year IPM program varies according to the institution, taking you from around 10 to 11 lakhs of NALSAR Hyderabad to 35 lakhs to spend for the IIM Indore. While higher fees structure helps you in stronger placement, better goals, academics and ROI. By comparing IPMAT fees along with the placement packages and brand reputation, aspirants can choose a program that aligns with both their academic institutions and budget or financing.
FAQs: IPMAT Fees
Q1: What is the average IPMAT fees for IIMs?
The average IPMAT fees for IIMs ranges between 25 to 35 lakhs for the 5 years IPM programme.
Q2: Which IPM college has the lowest fee structure?
Among all IPM college, NALSAR Hyderabad has the lowest IPMAT fees.
Q3: Are there any hidden charges apart from tuition fees in IPMAT colleges?
Yes, there are some additional charges that includes hostel rent, mess charge, library fees and others.
Q4: Is financial aid or scholarship available in any IPMAT colleges?
Yes, most IIMs and NALSAR cover financial aid or scholarships to cover the finance part for the candidates.
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