IIM Lucknow Courses & Fees 2024

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IIM Lucknow Courses & Fees 2024

University

Adya Trivedi

Updated on 22nd July, 2024 , 4 min read

IIM Lucknow Fees

Latest Update on IIM Lucknow Fees: The following are the latest updates about IIM Lucknow Fees 2024.

  • The CUET PG 2024 result is out. The participating colleges have started the counseling process separately for PG admissions.
  • The date for GATE 2025 exam for MTech admission has been declared. The GATE 2025 exam will be held on 1st Feb, 2nd Feb, 15th Feb, and 16th Feb, 2025. Also the applying process will start in August 2024.

IIM Lucknow MBA Fees for the academic year 2023 is INR 19.25 lakhs. Check out complete details of IIM Lucknow fees structure and scholarships for 2021-23 batch. In comparison to other MBA institutions, the Indian Institute of Management (IIM) Lucknow PGP fees are on the pricier side. IIM Lucknow PhD admissions for the year 2024 are officially available and application deadline for the same is 31st January, 2024. The CAT 2023 results are due in January 2024. 

About IIM Lucknow Fees

It was INR 14 lakh for the MBA/PGP batch of 2020–2022, however they were hiked to INR 19.25 lakh for the batch of 2021–2023. The course fee must be paid in full each semester. The first semester’s tuition at IIM Lucknow costs INR 3.95 lakh, including INR 20,000 in refundable fees, and is due upon admission. One of India’s top-ranked IIMs is IIM Lucknow. The institute has continuously been listed among the top 10 of India’s 100 management institutions in the NIRF rankings. Indian Institute of Management Lucknow was ranked 7th in 2021

The annual IIM Lucknow Fees for PGP programs ranges from INR 11 Lakhs to INR 23 Lakhs

Keep reading about - 

IIM Lucknow Placement
IIM Lucknow Cutoff
IIM Lucknow Admissions

IIM Lucknow Fees & Eligibility: 

Following is a table depicting fees and eligibility of all the courses at IIM Lucknow -

CoursesFeesEligibility
PGPMINR 10.95 Lakhs (1st Year Fees)Graduation with 50% + CAT
PG ProgramINR 13.7 Lakhs (Total Fees)Graduation with 50% + CAT
FellowshipINR 6 Lakhs (Total Fees)Post Graduation with 55%
ExecutiveINR 23.7 Lakhs (Total Fees)Graduation with 50% + GMAT/GRE
EFPMINR 7.5 Lakhs (Total Fees)Post Graduation with 55%
MBAINR 14.3 Lakhs (Total Fees)Graduation
Advanced ProgramINR 2.81 Lakhs (Total Fees)Graduation with 50%

IIM Lucknow Executive Program Fees:

Following are the IIM Lucknow executive, certificate and advanced program fees details - 

IIM Lucknow Executive ProgramFees
IT ManagementINR 2,29,000
Applied FinanceINR 2,35,700
Sales & MarketingINR 2,47,500
Digital Marketing & Social Media AnalyticsINR 2,45,000
Certificate Program In Customer Relationship ManagementINR 1,16,250
Certificate Program In Global Business ManagementINR 2,42,500
Certificate Program In Design Thinking & Innovation ManagementINR 96,250
Accelerated Business Management Program For ExecutivesINR 3,42,500
Advanced Program In Strategy For LeadersINR 2,80,500
Advanced Program for Senior Marketing ProfessionalsINR 2,59,000

IIM Lucknow Fees for PGP - I & II for Academic Year 2021-2023

IIM Lucknow MBA Fees Structure -

Students who are selected for final IIML admission will be required to pay six terms’ worth of IIM Lucknow tuition fee. According to the prior year, IIM Lucknow’s MBA fees is Rs 20,75,000 a year. IIM Lucknow Fees may differ for SC and ST students. Admission, tuition, infrastructure, refundable deposits, and alumni membership fees are all included in the IIM Lucknow fees.
Following is an elaborated table with that provides the data around the IIM Lucknow PGP fees of both the years with their installment break-up: 

Particulars                                             PGP - I (2022-23)                                          PGP - II (2023-24)
Fees & ExpensesTerm ITerm IITerm IIITotalTerm ITerm IITerm IIITotal
Admission Fee100000001000000000
Tuition Fee210000210000210000630000210000210000210000630000
Infrastructure Fee115000115000115000345000115000115000115000345000
Total Fee (A)4250003250003250001075000325000325000325000975000
Refundable Deposits2000000200000000
Alumni Membership Fee00005000500050005000
Total Fee (B)2000000200005000500050005000
Total Fee (A+B)4450003250003250001095000330000330000330000980000

The final judgement of the institute’s admission committee will determine the MBA fees in IIM Lucknow for the 2022–24 PGP batch.

Other Components of IIM Lucknow Fees -

The following items are part of the Infrastructure price structure for PGP courses at IIM Lucknow:

  • Infrastructure Fee: Consists of overheads, maintenance fees for digital infrastructure, computer and network upkeep, fees for libraries, books and educational materials, hostel maintenance, student welfare programs, etc.
  • Deposits: These are refundable that are made at the computer, library, and mess. After any deductions made over the course of the two years, this deposit is refundable.
  • Alumni Fund: This includes Alumni membership
  • Mess fee: Students are required to pay the mess fee at the beginning of each term.
  • Computer and Network Maintenance Fee
  • Digital Infrastructure Maintenance
  • Library Resources
  • Books and Instructional Material
  • Hostel Maintenance
  • Students’ Welfare Activities

IIM Lucknow Fees Year-Wise Trends

Following are year wise trends for IIM Lucknow fees -

Batch  IIM Lucknow MBA Fees (INR)Average Package (INR)
2023-2520.75 Lakhs -
2022-2420.75 Lakhs -
2021-2319.25 Lakhs32.20 LPA
2020-2214 Lakhs31.03 LPA

IIM Lucknow Hostel Fee Structure 

IIM Lucknow Hostel    Fees
Without ACINR 3.45 Lakhs
With ACINR 3.87 Lakhs

IIM Lucknow Fees - College-wise Comparison

CollegeFee Structure (INR)Average Placement (INR)Ranking
IIM Lucknow 20.75 Lakhs 32.20 LPA 6 (NIRF)
DMS IIT Delhi11.2 Lakhs25.82 LPA5 (NIRF)
FMS Delhi2 Lakhs34.1 LPA8 (BT)
IIM Kozhikode20.5 Lakhs31.02 LPA3 (NIRF)
XLRI Jamshedpur27.40 Lakhs32.70 LPA9 (NIRF)

IIM Fee Structure for MBA Program:

The majority of IIMs have fee requirements ranging from Rs. 10 lakhs to Rs. 32 lakhs. Students interested in learning about the cost of individual IIMs for the 2023–2025 academic year can consult the table below:

                                                                                                    IIM Fee Structure for MBA Program 
IIM Centre    IIM Fee Structure
IIM BangaloreINR 24.5 Lakh
IIM Ahmedabad INR 24.61 Lakh
IIM Bodh GayaINR 15.50 Lakh
IIM AmritsarINR 16 Lakhs
IIM CalcuttaINR 27 Lakh
IIM Jammu  INR 17.15 Lakh
IIM Kozhikode INR 20.50 Lakh
IIM RanchiINR 17.5 Lakh
IIM Visakhapatnam    INR 17.58 Lakh

Also check:

                                                                                                   Top IIM’s Fees
IIM Kozhikode FeesIIM Ahmedabad FeesIIM Visakhapatnam Fees
IIM Ranchi FeesIIM Bangalore FeesIIM Nagpur Fees

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Frequently Asked Questions

What is the fees of IIM Lucknow?

IIM Lucknow Fees for PGP 2022-24 Batch Fees for PGP I is INR 2,1000 and for PGP-II is INR 5,70,000.

Which IIM has lowest fees for MBA?

IIM MBA fees for new or baby IIMs such as IIM Ranchi, IIM Jammu, IIM Bodh Gaya, IIM Sirmaur etc is between Rs 13 lakh to Rs 20 lakh. The cheapest IIM in India is IIM Sambalpur with Rs 13 lakh fees. IIM fees for BBA+MBA is between Rs 15 lakh to Rs 35 lakh.

Does IIM Lucknow fees include hostel fees?

IIM Lucknow Hostel IIM Lucknow hostel fee is INR 3.45 Lakhs for 2 years and students will have to pay an extra amount of INR 3500 per month if AC is required.

What is the fees of IIM Lucknow for 2024?

IIM Lucknow MBA fees is INR 14.3 Lakhs. (Total fees)

Why IIM fees is so high? Q: Why is IIM fees so high?

Although, the IIMs are financially aided by the government, the MBA fees is high because they are autonomous institutes, which means they don't receive funding from the government for regular functioning and have to meet the expenses on their own.

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