IIM Lucknow MBA Fees: Fee Structure, Hostel Charges and Placement Insights
The Indian Institute of Management Lucknow (IIM Lucknow) is one of the premier business schools in India, offering a robust MBA program that attracts students from various backgrounds. The cost of pursuing an MBA at IIM Lucknow is a significant consideration for prospective students. This article provides a detailed overview of the fee structure, hostel charges, and placement insights for the MBA program at IIM Lucknow.
Overview of MBA Fees
The total fee for the MBA (Post Graduate Program – PGP) at IIM Lucknow for the 2024-26 and 2025-27 academic cycles is approximately ₹20.75 Lakhs. This fee encompasses tuition, hostel accommodation, and other academic expenses. The breakdown of the fees is as follows:
- Total Fees: ₹20.75 Lakhs
- Tuition Fees: ₹12.5–₹13 Lakhs
- Hostel and Miscellaneous Charges: ₹7–₹8 Lakhs
- Mess Charges: ₹20,000–₹25,000 per semester (paid separately)
Detailed Fee Structure
Fee Structure Overview
The fee structure remains consistent across various programs offered at IIM Lucknow, including:
| Course | Duration | Total Fees (Estimated) |
|---|---|---|
| PGP / MBA (General) | 2 Years | ₹20.75 Lakhs |
| PGP-ABM (Agribusiness Management) | 2 Years | ₹20.75 Lakhs |
| PGP-SM (Sustainable Management) | 2 Years | ₹20.75 Lakhs |
| IPMX (Executive MBA) | 1 Year | ₹26.00 Lakhs |
| PGPWE (Working Executives) | 2 Years | ₹11.00 Lakhs |
Fees Per Semester
The MBA program is structured into three terms per academic year. The fees for each term are as follows:
| Particulars | Term I | Term II | Term III | Term IV | Term V | Term VI |
|---|---|---|---|---|---|---|
| Admission Fee | ₹1,00,000 | – | – | – | – | – |
| Tuition Fee | ₹2,10,000 | ₹2,10,000 | ₹2,10,000 | ₹2,10,000 | ₹2,10,000 | ₹2,10,000 |
| Infrastructure Fee* | ₹1,15,000 | ₹1,15,000 | ₹1,15,000 | ₹1,15,000 | ₹1,15,000 | ₹1,15,000 |
| Refundable Deposits | ₹20,000 | – | – | – | – | – |
| Alumni Fee | – | – | – | ₹5,000 | – | – |
| Total Term Fee | ₹4,45,000 | ₹3,25,000 | ₹3,25,000 | ₹3,30,000 | ₹3,25,000 | ₹3,25,000 |
*Note: The Infrastructure Fee covers computer/network maintenance, digital library resources, books, and hostel maintenance.
Hostel Charges
The MBA program at IIM Lucknow is fully residential, and the hostel maintenance fee is included in the total fee structure. Key points regarding hostel charges include:
- Accommodation: Fully furnished rooms are provided as part of the hostel maintenance fee.
- AC Facilities: Students opting for air-conditioned rooms may incur an additional charge of approximately ₹3,500 per month.
- Mess Charges: Mess fees are separate and typically range from ₹95,000 to ₹1.35 Lakhs for the entire two-year duration, based on actual consumption.
Financial Aid and Scholarships
To assist students in managing the financial burden of the MBA fees, IIM Lucknow offers various financial aids:
- Need-Based Scholarships: Financial assistance isDisclaimer: A Teams provides news and information for general awareness purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of any content. Opinions expressed are those of the authors and not necessarily of A Teams. We are not liable for any actions taken based on the information published. Content may be updated or changed without prior notice.
