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 -
| 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% |
IIM Lucknow Executive Program Fees:
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 |
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 & 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:
- 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) |
| 2023-25 | 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 Fee Structure
| IIM Lucknow Hostel | Fees |
| Without AC | INR 3.45 Lakhs |
| With AC | INR 3.87 Lakhs |
IIM Lucknow Fees - College-wise Comparison
| 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) |
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 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:
Indian Institute Of Management (IIML), Lucknow Popular Courses
Average Fees
₹17,49,500
Highest Package
₹100 LPA
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Student's Rating for Indian Institute Of Management (IIML), Lucknow
Student's Reviews for Indian Institute Of Management (IIML), Lucknow
Unliked Review Placement Institute Insights
IIML’s average placement salary has been way higher than 15LPA.
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.
Indian Institute Of Management (IIML), Lucknow Videos
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