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IIM Lucknow Fees - Indian Institute of Management will release the fee structure for the IIM Lucknow PGP programme batch 2023-25 on its official website. As per the last year's IIM Lucknow fees structure, this year the fee structure for PGP courses is expected to be Rs 19.25 lakh. IIM Lucknow is the premier B-school that accepts CAT scores for admission to its flagship programme.
Candidates who have been shortlisted for final admission will have to pay the IIM Lucknow fees which will be divided into six terms. IIM Lucknow fees will mention admission fee, infrastructure fee, tuition fee, refundable deposits, and other information which are included in the fee structure. Read this complete article by Careers360 to know in detail about the IIM Lucknow fee and detailed structure.
IIM Lucknow programme offered
Candidates aspiring to take admission to the IIM Lucknow PGP programme must check the programmes and number of seats offered by the institute. Check the table below to know the IIM Lucknow Course details.
IIM Lucknow programmes
Programme Name | Number of Seats |
PGP & PGP-AB | 436 |
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IIM Lucknow PGP fee structure
IIM Lucknow offers two years of full-time PGP programme. IIM Lucknow Fees for the PGP programme is expected to be the same as the previous year's i.e. Rs. 19,25,000. The structure of IIM Lucknow fees will consist of the following components
Admission fees
Tuition fees
Infrastructure fees
Refundable fees
Alumni Membership fees
The table below mentioned the tentative semester-wise fee structure of IIM Lucknow PGP
IIM Lucknow fees Structure for PGP
Particulars | PGP-I (2022-23) | PGP-II (2023-24) | ||||||
Fees & Expenses | Term I | Term II | Term III | Total | Term IV | Term V | Term VI | Total |
Admission Fee | Rs. 100000 | 0 | 0 | Rs. 100000 | 0 | 0 | 0 | 0 |
Tuition Fee | Rs. 210000 | Rs. 210000 | Rs. 210000 | Rs. 630000 | Rs. 210000 | Rs. 210000 | Rs. 210000 | Rs. 630000 |
Infrastructure Fee* | Rs. 115000 | Rs. 115000 | Rs. 115000 | Rs. 345000 | Rs. 115000 | Rs. 115000 | Rs. 115000 | Rs. 345000 |
Total Fee (A) | Rs. 425000 | Rs. 325000 | Rs. 325000 | Rs. 1075000 | Rs. 325000 | Rs. 325000 | Rs. 325000 | Rs. 975000 |
Refundable Deposits** | Rs. 20000 | 0 | 0 | Rs. 20000 | 0 | 0 | 0 | 0 |
Alumni Membership Fee*** | 0 | 0 | 0 | 0 | Rs. 5000 | 0 | 0 | Rs. 5000 |
Total Fee (B) | Rs. 20000 | 0 | 0 | Rs. 20000 | Rs. 5000 | 0 | 0 | Rs. 5000 |
Total Fee (A+B) | Rs. 445000 | Rs. 325000 | Rs. 325000 | Rs. 1095000 | Rs. 330000 | Rs. 325000 | Rs. 325000 | Rs. 980000 |
With regard to IIM Lucknow fees, the institute provides adequate financial aid to the candidates so that none of the students is deprived of taking admission to desired programmes due to financial constraints. IIM Lucknow has several schemes which are as follows:
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Need-based IIM Lucknow Scholarships
Scholarships will be granted to the students on the basis of their merit and family income. Any candidate belonging to the reserved category whose total annual gross income (self, parents, spouse) does not exceed more than Rs. 4,00,000 will be considered for the scholarship. The awardees will be chosen from the eligible students in order of their merit.
The financial assistance will be provided in form of a fee waiver and is subjected to maintaining the stipulated standards of academic performance.
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Other offers
Candidates can also avail the scholarship offered by various Central Governments, State governments, and other higher bodies. The details for the scholarship are available on the National Scholarship Portal official website- scholarships.gov.in and the respective State Government portals.
Payment options for IIM Lucknow fees
Candidates who will be accepting the final offer for admission to PGP batch 2023-25 will be able to pay the fee of IIM Lucknow through Demand Draft or online payments. However, candidates accepting the offer will have to pay the acceptance fee of Rs. 70,000 which will be adjusted towards term 1.
Top Colleges in India offering M.B.A
IIM Lucknow Placement
IIM Lucknow released the final placement report for the PGP batch 2021-23 recording the highest domestic CTC of Rs. 3.4 LPM. Also, the institute witnessed 100% placement statistics for its PGP batch which consisted of 562 students. The IIM Lucknow placement saw participation from prestigious companies such as Amazon, American Express, Asian Paints, and so forth.
Quick Link: IIM Lucknow Placements
Top M.B.A Entrance Exams
IIM Lucknow Courses, Fees and Eligibility Criteria
Degree Name | Fees | Eligibility Criteria |
Rs. 19,05,000 | Aspirants should have a bachelor’s degree in any discipline with 50% marks or equivalent CGPA. | |
Students should have a bachelor’s degree in any discipline with 50% marks or equivalent CGPA. + 2 years work experience | ||
Candidates should have a bachelor’s degree in Agriculture Science/Agriculture Engineering/any allied course/in a relevant field with 50% or equivalent CGPA. + 2 years work experience | ||
Rs. 13,65,000 | Aspirants should have a bachelor’s degree or equivalent qualification (10+2+3) with at least 50% marks or equivalent CGPA. + Valid GRE/GMAT/GATE/CAT/XAT score or PGPWE Entrance Exam score | |
Rs. 23,50,000 | Students should have a bachelor’s degree or equivalent qualification in any stream with at least 50% marks or equivalent CGPA. + Valid GRE/GMAT score + At least 5 years full-time work experience post-qualification | |
- | Aspirants should have a master’s degree in any discipline with at least 55% marks or equivalent CGPA. OR Bachelor’s degree in engineering with a minimum of 60% aggregate marks OR Professional qualifications like ICWS/CA/CS with a minimum of 55% aggregate marks. | |
Rs. 7,50,000 | Aspirants should have a bachelor’s degree (non-engineering) with minimum 55% marks or equivalent CGPA and post-graduation with at least 60% marks. OR Bachelor’s degree (engineering) with at least 65% marks or equivalent CGPA Employed in a full-time job with at least 7 years’ work experience. Valid score in CAT/GMAT/GRE/GATE/JRF/PGPWE |
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Student Reviews for IIM Lucknow
Great place to be at.
College Infrastructure
Excellent in terms of infrastructure, facilities and equipment, gym , eateries , stationary shop, daily needs shop, well maintained hostels, library , sports centers and laboratories present on campus.
A journey worth taking
College Infrastructure
The infrastructure is brilliant with an amazing library, sports infrastructure, hostels, internet etc. The food provided in the mess is one of the best among all institutions in India. New developments keep happening.
If you get an opportunity, please do join.
College Infrastructure
It has all the necessary infrastructure, classrooms, sports centres, hostels, computer centres, library, etc. These facilities are well used but can be improved further by maintenance. Although comparing it with other MBA Colleges, it still is very good.
Who are the leading recruiters at IIM Lucknow in the recent past years?
More than 50+ recruiters are participating in the drive at IIM Lucknow, which includes first-time recruiters and previous recruiters. The leading recruiters are HSBC, Hinduja, ITC, I-PAC, PUMA, Nestle, Red-mi, State Street, TAS, Uber, Samsung, OYO, Info Edge, and other companies.
What are the career options available after FPM at IIM Lucknow?
Since FPM at IIM Lucknow is a Ph.D.-level programme, Ph.D. holders will have a variety of employment opportunities, including teaching, research, and positions with a high profile in the banking industry and other financial and commercial sectors.
Is IIM Lucknow good for placement?
The IIM Lucknow is a reputed institution having partnerships and exchange programmes with numerous other institutions and organisations. IIM Luck demonstrated 100% placement in 2022 with 534 offers from prestigious firms throughout the corporate world for 491 students. The average CTC was Rs. 31.03 LPA, with the highest domestic pay offered at Rs. 58 LPA and the highest international salary offered at Rs. 61.59 LPA.
IIM Lucknow Frequently Asked Questions (FAQ's)
The expected fee of IIM Lucknow for batch 2023-25 is Rs. 20.75 Lakhs.
The acceptance fee will be notified to the shortlisted candidates.
Students can withdraw within the stipulated time. However a fraction of the fee will not be refunded as per the norms.
Candidates will be able to pay the fees in online mode only.
The top four IIMs with the lowest fees are..
IIM Amritsar- Rs.12,00,000
IIM Bodh Gaya- Rs.10,60,000
IIM Jammu- Rs.13,80,000
IIM Nagpur- Rs.13,75,000
As per previous year placement stats, IIM Ahmedabad notches the top spot of highest package of Rs 55.88 (domestic salary offered).
Yes, there are certain banks that offer education loans to pursue M.B.As from IIMs with the least interest rates.
Yes, the accommodation fee is included in the total fee.
No, there is no compensation or scholarship offered at IIM.
As per last year IIMs placement reports, IIM Calcutta recorded 100 percent placement for its 55th batch.
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