The fees is a decisive factor for various students to decide whether to go for a particular college or not. There are around 10 colleges in India that provide IPM course through various IPMAT exams. We have ranked the colleges on the basis of their IPMAT Fees Structure 2024, 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).
IPMAT Fees 2024
The IIM IPMAT Fees for the IPM Colleges are listed below. Please note that the fees 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 college.
| IPM College | IPM Fees 2024 |
|---|---|
| IIM Indore | 30-35 Lakh |
| IIFT Kakinada | 30-35 Lakh |
| IIM Rohtak | 25-30 Lakh |
| IIM Ranchi | 30-32 Lakh |
| IIM Jammu | 32-35 Lakh |
| IIM Bodhgaya | 25-30 Lakh |
| NIRMA University | 20-21 Lakh |
| TAPMI, Manipal | 18-20 Lakh |
| NALSAR, Hyderabad | 10-11 Lakh |
IIM Indore IPMAT Fees Structure
The IIM Indore accepts the IPMAT Indore exam. IPM fees for first three years (BBA) is around is INR 15 lakh. The fees for 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 |
| Grand Total | 2,38,711 | 1.83 L | 1.83 L | 1,88,711 | 1.83 L | 1.83 L | 1,88,711 | 1.83 L | 1.83 L |
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 Staristics 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 around INR 16.50 Lakhs.
| Academic Year | IIM Rohtak IPM Fees |
|---|---|
| Year I | INR 5,50,000/- |
| Year II | INR 5,50,000/- |
| Year III | INR 5,50,000/- |
| Year IV | PGP Fee for that year |
| Year V | PGP Fee for that year |
The other charges are as under :
| Particular | Year I | Year II | Year III | Year IV | Year V |
|---|---|---|---|---|---|
| Study Material* | 28K | 20K | 20K | 20K | 20K |
| Mess Caution Deposit** | 10K | – | – | – | – |
| Security Deposit** | 10K | – | – | – | – |
| Computer Deposit** | – | – | – | 6K | – |
| Placement Facility Charges | 25K | 25K | |||
| Alumni Membership/Support Charges | 6.5K | ||||
| Utility Deposit** | 6K | 4K | 4K | 4K | 4K |
| Total | 54K | 24K | 24K | 61.5K | 49K |
Also Read: IPMAT Exam Pattern
IIM Ranchi IPM Fees 2024
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 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 |
| Grand Total | 3,18,711 | 2.68 L | 2.68 L | 2,68,711 | 2.68 L | 2.68 L | 2,68,711 | 2.68 L | 2.68 L |
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 NIRF Ranking in 2023. The IIM IPM Fees for IIM Jammu is :
| Term | Tuition Fee | Other Expenses |
|---|---|---|
| Semester I | 1.7 Lakh | 97,600 |
| Semester II | 1.7 Lakh | 95,400 |
| Semester III | 1.7 Lakh | 97,600 |
| Semester IV | 1.7 Lakh | 95,400 |
| Semester V | 1.7 Lakh | 1,03,600 |
| Semester VI | 1.7 Lakh | 95,400 |
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.
Also Read: IPMAT Mock Analysis
NIRMA University, Gujarat
One of the top non-IIM B-school is Nirma University which offer placements 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 9 lakh.
| Particulars | IPM Fee |
|---|---|
| Tuition Fee (General category) | INR 2,95,000/- |
| Activity Fee | INR 11,000/- |
| Examination Fee | INR 7,000/- |
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 has been ranked 7th among private colleges by IIRF 2023. The institute also ranked 42nd by NIRF 2023 in Management Category.
| Category | Fee per year(BBA) | Refundable Caution Deposit (INR) | Alumni Society Life Membership Fee (INR) |
|---|---|---|---|
| Regular | 3.75 lakh | 10,000 | 20000 (to be paid along with 3rd year’s tuition fees) |
| NRI | 9,000USD | 500 | 10000(to be paid along with 3rd year’s tuition fees) |
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 2,10,000/- 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 College | IPMAT Fees | Avg. Pkg. | Highest Pkg. |
|---|---|---|---|---|
| 1 | IIM Indore | 30-35 lakh | 30.21 LPA | 1.14 CPA |
| 2 | IIFT Kakinada | 30-35 lakh | 29.10 LPA | 85.4 LPA |
| 3 | IIM Rohtak | 25-30 lakh | 18.73 LPA | 36 LPA |
| 4 | IIM Ranchi | 30-32 lakh | 17.30 LPA | 67 LPA |
| 5 | IIM Jammu | 32-35 lakh | 16.50 LPA | 64 LPA |
| 6 | IIM Bodh Gaya | 25-30 lakh | 15.68 LPA | 48 LPA |
| 7 | Nirma University, Gujarat | 20-21 lakh | 12.12 LPA | 30 LPA |
| 8 | TAPMI, Karnataka | 18-20 lakh | 12.6 LPA | 15.7 LPA |
| 9 | NALSAR, Hyderabad | 10-11 lakh | 7.3 LPA | 9 LPA |
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