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Updated on 22nd July, 2024 , 4 min read
Latest Update on IIM Lucknow Fees: The following are the latest updates about IIM Lucknow Fees 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.
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
Following is a table depicting fees and eligibility of all the courses at IIM Lucknow -
Courses | Fees | Eligibility |
PGPM | INR 10.95 Lakhs (1st Year Fees) | Graduation with 50% + CAT |
PG Program | INR 13.7 Lakhs (Total Fees) | Graduation with 50% + CAT |
Fellowship | INR 6 Lakhs (Total Fees) | Post Graduation with 55% |
Executive | INR 23.7 Lakhs (Total Fees) | Graduation with 50% + GMAT/GRE |
EFPM | INR 7.5 Lakhs (Total Fees) | Post Graduation with 55% |
MBA | INR 14.3 Lakhs (Total Fees) | Graduation |
Advanced Program | INR 2.81 Lakhs (Total Fees) | Graduation with 50% |
Following are the IIM Lucknow executive, certificate and advanced program fees details -
IIM Lucknow Executive Program | Fees |
IT Management | INR 2,29,000 |
Applied Finance | INR 2,35,700 |
Sales & Marketing | INR 2,47,500 |
Digital Marketing & Social Media Analytics | INR 2,45,000 |
Certificate Program In Customer Relationship Management | INR 1,16,250 |
Certificate Program In Global Business Management | INR 2,42,500 |
Certificate Program In Design Thinking & Innovation Management | INR 96,250 |
Accelerated Business Management Program For Executives | INR 3,42,500 |
Advanced Program In Strategy For Leaders | INR 2,80,500 |
Advanced Program for Senior Marketing Professionals | INR 2,59,000 |
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 & Expenses | Term I | Term II | Term III | Total | Term I | Term II | Term III | Total |
Admission Fee | 100000 | 0 | 0 | 100000 | 0 | 0 | 0 | 0 |
Tuition Fee | 210000 | 210000 | 210000 | 630000 | 210000 | 210000 | 210000 | 630000 |
Infrastructure Fee | 115000 | 115000 | 115000 | 345000 | 115000 | 115000 | 115000 | 345000 |
Total Fee (A) | 425000 | 325000 | 325000 | 1075000 | 325000 | 325000 | 325000 | 975000 |
Refundable Deposits | 20000 | 0 | 0 | 20000 | 0 | 0 | 0 | 0 |
Alumni Membership Fee | 0 | 0 | 0 | 0 | 5000 | 5000 | 5000 | 5000 |
Total Fee (B) | 20000 | 0 | 0 | 20000 | 5000 | 5000 | 5000 | 5000 |
Total Fee (A+B) | 445000 | 325000 | 325000 | 1095000 | 330000 | 330000 | 330000 | 980000 |
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:
Following are year wise trends for IIM Lucknow fees -
Batch | IIM Lucknow MBA Fees (INR) | Average Package (INR) |
2023-25 | 20.75 Lakhs | - |
2022-24 | 20.75 Lakhs | - |
2021-23 | 19.25 Lakhs | 32.20 LPA |
2020-22 | 14 Lakhs | 31.03 LPA |
IIM Lucknow Hostel | Fees |
Without AC | INR 3.45 Lakhs |
With AC | INR 3.87 Lakhs |
College | Fee Structure (INR) | Average Placement (INR) | Ranking |
IIM Lucknow | 20.75 Lakhs | 32.20 LPA | 6 (NIRF) |
DMS IIT Delhi | 11.2 Lakhs | 25.82 LPA | 5 (NIRF) |
FMS Delhi | 2 Lakhs | 34.1 LPA | 8 (BT) |
IIM Kozhikode | 20.5 Lakhs | 31.02 LPA | 3 (NIRF) |
XLRI Jamshedpur | 27.40 Lakhs | 32.70 LPA | 9 (NIRF) |
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 Bangalore | INR 24.5 Lakh |
IIM Ahmedabad | INR 24.61 Lakh |
IIM Bodh Gaya | INR 15.50 Lakh |
IIM Amritsar | INR 16 Lakhs |
IIM Calcutta | INR 27 Lakh |
IIM Jammu | INR 17.15 Lakh |
IIM Kozhikode | INR 20.50 Lakh |
IIM Ranchi | INR 17.5 Lakh |
IIM Visakhapatnam | INR 17.58 Lakh |
Also check:
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.
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.
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.
IIM Lucknow MBA fees is INR 14.3 Lakhs. (Total fees)
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.