IIFT IPM Fee Structure

Author : Akash Kumar Singh

Updated On : June 12, 2024

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Overview: Are you looking forward to being admitted into IIFT for their IPM program? Here, we will cover everything from fee structure to other expenses, scholarships, and education loans for IIFT IPM.

The Indian Institute of Foreign Trade (IIFT) is renowned for its excellence in management education and international business. The Integrated Program in Management (IPM) offered by IIFT is a unique 5-year program that combines undergraduate and postgraduate studies.

In this article, we will cover the Fee structure of the IPM program. We will also discuss other expenses, such as the return on investment, scholarships, and education loans for the IIFT IPM.

IIFT IPM Fee Structure 2025

To understand the financial commitment of pursuing the IPM program at IIFT, let's look at the fee structure for 2025. The table below provides an overview of the fees for each academic year:

Year Tuition Fee
Year 1 Rs. 4,00,000
Year 2 Rs. 4,00,000
Year 3 Rs. 4,00,000

IIFT MBA Fees Structure 2025

Course fee for the fourth and fifth years would be as per prevailing MBA in International Business Programme fees. Other charges would be extra.

Campus Total Fee* of MBA(IB) 2023-25 Programme
Delhi Rs.21,77,314/- US $ 60000 plus Rs.3,36,514/- (For NRI / Foreign National students)
Kolkata Rs.20,97,314/-

The total tuition fee is around Rs. 33,77,314 for Delhi Campu and Rs. 32,97,314 for Kolkata campus for the five years.

*The MBA fee (years 4 & 5) covers the hostel charges, while the Year 1-3 hostel and mess charges will be intimated while sending out the offer letters.

The students of SC, ST, and PWD categories are given a 50% concession in tuition fees only for the MBA fees (Years 4&5).

Note: The fees are subject to change per new IPM or MBA notification before the admissions.

IIFT IPM Other Expenses

In addition to tuition and hostel fees, students should consider other expenses associated with the IPM program. The prospectus states the following figures for other expenses:

Particular Amount
Refundable Security Deposit Rs. 10,000
Mess Charges Intimated later

Other than these, fees for the Student Activity Council and Alumni Committee may be charged. (The MBA fees specified above cover these expenses, but IPM students may be required to pay during the IPM tenure only).

IIFT IPM Scholarships 2025

Indian Institute of Foreign Trade (IIFT) provides a range of scholarships for IPM students to support their educational journey. Here's a brief overview:

Need Based Scholarship Scheme

  • Coverage: Interest subsidy on educational loans for 27 months.
  • Eligibility: For students whose family income is under Rs.6 lakhs per year, who have availed educational loans.
  • Note: This scheme was phased out for admissions from AY 2023 onwards.

New Scholarship Scheme (NSS)

Particulars Details
Eligibility Family Income less than Rs. 8 Lakhs
Benefit
  • The scholarship will be given to 10% of the students admitted to the regular programs.
  • The scholarship amount will be 20% of the Tuition fee.
  • The Scholarship will be awarded only after successful completion of the program.
Criteria 70% weightage to means and 30% to merit

Government Scholarships

Available through the National Scholarship Portal (scholarships.gov.in), these scholarships cater to various student groups:

  • Central Sector Scholarship of Top Class Education: For SC students, based on parental income.
  • Central Sector Scholarship for Higher Education: For ST students, based on parental income.
  • Merit-cum-Means based Scholarship: For students from minority communities, based on parental income.
  • Top Class Education Scholarship: For students with benchmark disabilities.
  • Central Sector Scholarship Scheme of Top Class Education in College: For OBC and other students, based on parental income.

External Scholarships

  • Exim Bank Scholarship: Covers first-year tuition for the top reserved category (SC/ST) student in the Full-Time MBA program, up to Rs.3.5 lakh.
  • OPJEMS Scholarship: Merit-based scholarship for the top ten MBA (IB) students from the Delhi campus, providing Rs.1.50 lakhs to selected students after an online test and interview.

These scholarships ensure financial barriers do not prevent eligible students from pursuing education at IIFT, promoting both inclusivity and academic excellence.

IIFT IPM Education Loan 2025

You can also avail the education loan to pay your fees for the IPM at IIFT. Many government and private banks offer education loans at very low interest rates to the IIFT admits.

SBI Scholar Loan

Scholar Loan by SBI is an education loan scheme specifically for pursuing higher education in select premier institutions in the country.

IIFT, Kakinada, is one of these select premiere institutes, and under this scheme, any student admitted can take advantage of a collateral-free loan of up to Rs. 30 Lacs.

Features of these Loan

  • No processing Fee.
  • Repayment period of up to 15 years after Course Period + 12 months of repayment holiday.
  • Hostel, Mess, Library, Exam, and other education-related expenses covered.
  • Current Interest Rate: 8.15%

For more details, check the official website of the SBI.

For more such schemes, you can check the official websites of other banks like CBI, ICICI, HDFC, Pnb, etc.

IIFT IPM ROI 2025

ROI is the rate of investment, which highlights the rate of return on your fees. See the placement statistics of the IIFT MBA 2023 batch below for an idea about the ROI.

IIFT MBA 2023 Placements Statistics

Highlights Details
Highest International CTC 85.4 Lakhs INR
Highest Domestic CTC 76.5 Lakhs INR
Average CTC 29.1 Lakhs INR
Median CTC 26.5 Lakhs INR
Top 10% Average CTC 62.6 Lakhs INR
Sector-wise Distribution Sales & Marketing (22%), Consulting (20%), Finance (18%), General Management (13%), Others (27%)
Prominent Recruiters Amazon, Deloitte, EY, HDFC Bank, Microsoft, Tata Steel and more.
Competitions and Achievements
  • India's Most Competitive B-School 2022-23
  • Over 30+ national wins in corporate contests
  • Gratitude to Alumni
  • Support and mentorship

IIFT IPM, although new, is sought after by a lot of students interested in pursuing a career in management. Although the fee for the entire 5-year could strain your financial conditions, you can utilize the scholarship benefits and opt for an education loan.

Key Takeaways:

  • Fee Structure: Rs. 4,00,000 per year for the first three years; total fees around Rs. 33,77,314 for Delhi and Rs. 32,97,314 for Kolkata over five years.
  • Additional Costs: Includes a Rs. 10,000 security deposit and mess charges. Additional fees for student activities may apply.
  • Scholarships: Offers scholarships for students with family income under Rs. 8 lakhs and various government scholarships.
  • Education Loans: Loans up to Rs. 30 lakhs, with favorable terms from SBI and other banks.
  • ROI and Placements: High placement rates with average CTC at 29.1 lakhs INR, top recruiters include Amazon, Deloitte, and Microsoft.

Frequently Asked Questions

What is the fee structure for the IIFT IPM program for 2025?

Are there any additional expenses besides tuition fees in the IIFT IPM program?

Is there a provision for scholarships in the IIFT IPM program?

What is the Return on Investment (ROI) for the IIFT IPM program?

Is there a fee concession available for any student groups in the IIFT IPM program?

Are mess charges included in the tuition fee for the IIFT IPM program?

IIFT IPM Fee Structure

Author : Akash Kumar Singh

June 12, 2024

SHARE

Overview: Are you looking forward to being admitted into IIFT for their IPM program? Here, we will cover everything from fee structure to other expenses, scholarships, and education loans for IIFT IPM.

The Indian Institute of Foreign Trade (IIFT) is renowned for its excellence in management education and international business. The Integrated Program in Management (IPM) offered by IIFT is a unique 5-year program that combines undergraduate and postgraduate studies.

In this article, we will cover the Fee structure of the IPM program. We will also discuss other expenses, such as the return on investment, scholarships, and education loans for the IIFT IPM.

IIFT IPM Fee Structure 2025

To understand the financial commitment of pursuing the IPM program at IIFT, let's look at the fee structure for 2025. The table below provides an overview of the fees for each academic year:

Year Tuition Fee
Year 1 Rs. 4,00,000
Year 2 Rs. 4,00,000
Year 3 Rs. 4,00,000

IIFT MBA Fees Structure 2025

Course fee for the fourth and fifth years would be as per prevailing MBA in International Business Programme fees. Other charges would be extra.

Campus Total Fee* of MBA(IB) 2023-25 Programme
Delhi Rs.21,77,314/- US $ 60000 plus Rs.3,36,514/- (For NRI / Foreign National students)
Kolkata Rs.20,97,314/-

The total tuition fee is around Rs. 33,77,314 for Delhi Campu and Rs. 32,97,314 for Kolkata campus for the five years.

*The MBA fee (years 4 & 5) covers the hostel charges, while the Year 1-3 hostel and mess charges will be intimated while sending out the offer letters.

The students of SC, ST, and PWD categories are given a 50% concession in tuition fees only for the MBA fees (Years 4&5).

Note: The fees are subject to change per new IPM or MBA notification before the admissions.

IIFT IPM Other Expenses

In addition to tuition and hostel fees, students should consider other expenses associated with the IPM program. The prospectus states the following figures for other expenses:

Particular Amount
Refundable Security Deposit Rs. 10,000
Mess Charges Intimated later

Other than these, fees for the Student Activity Council and Alumni Committee may be charged. (The MBA fees specified above cover these expenses, but IPM students may be required to pay during the IPM tenure only).

IIFT IPM Scholarships 2025

Indian Institute of Foreign Trade (IIFT) provides a range of scholarships for IPM students to support their educational journey. Here's a brief overview:

Need Based Scholarship Scheme

  • Coverage: Interest subsidy on educational loans for 27 months.
  • Eligibility: For students whose family income is under Rs.6 lakhs per year, who have availed educational loans.
  • Note: This scheme was phased out for admissions from AY 2023 onwards.

New Scholarship Scheme (NSS)

Particulars Details
Eligibility Family Income less than Rs. 8 Lakhs
Benefit
  • The scholarship will be given to 10% of the students admitted to the regular programs.
  • The scholarship amount will be 20% of the Tuition fee.
  • The Scholarship will be awarded only after successful completion of the program.
Criteria 70% weightage to means and 30% to merit

Government Scholarships

Available through the National Scholarship Portal (scholarships.gov.in), these scholarships cater to various student groups:

  • Central Sector Scholarship of Top Class Education: For SC students, based on parental income.
  • Central Sector Scholarship for Higher Education: For ST students, based on parental income.
  • Merit-cum-Means based Scholarship: For students from minority communities, based on parental income.
  • Top Class Education Scholarship: For students with benchmark disabilities.
  • Central Sector Scholarship Scheme of Top Class Education in College: For OBC and other students, based on parental income.

External Scholarships

  • Exim Bank Scholarship: Covers first-year tuition for the top reserved category (SC/ST) student in the Full-Time MBA program, up to Rs.3.5 lakh.
  • OPJEMS Scholarship: Merit-based scholarship for the top ten MBA (IB) students from the Delhi campus, providing Rs.1.50 lakhs to selected students after an online test and interview.

These scholarships ensure financial barriers do not prevent eligible students from pursuing education at IIFT, promoting both inclusivity and academic excellence.

IIFT IPM Education Loan 2025

You can also avail the education loan to pay your fees for the IPM at IIFT. Many government and private banks offer education loans at very low interest rates to the IIFT admits.

SBI Scholar Loan

Scholar Loan by SBI is an education loan scheme specifically for pursuing higher education in select premier institutions in the country.

IIFT, Kakinada, is one of these select premiere institutes, and under this scheme, any student admitted can take advantage of a collateral-free loan of up to Rs. 30 Lacs.

Features of these Loan

  • No processing Fee.
  • Repayment period of up to 15 years after Course Period + 12 months of repayment holiday.
  • Hostel, Mess, Library, Exam, and other education-related expenses covered.
  • Current Interest Rate: 8.15%

For more details, check the official website of the SBI.

For more such schemes, you can check the official websites of other banks like CBI, ICICI, HDFC, Pnb, etc.

IIFT IPM ROI 2025

ROI is the rate of investment, which highlights the rate of return on your fees. See the placement statistics of the IIFT MBA 2023 batch below for an idea about the ROI.

IIFT MBA 2023 Placements Statistics

Highlights Details
Highest International CTC 85.4 Lakhs INR
Highest Domestic CTC 76.5 Lakhs INR
Average CTC 29.1 Lakhs INR
Median CTC 26.5 Lakhs INR
Top 10% Average CTC 62.6 Lakhs INR
Sector-wise Distribution Sales & Marketing (22%), Consulting (20%), Finance (18%), General Management (13%), Others (27%)
Prominent Recruiters Amazon, Deloitte, EY, HDFC Bank, Microsoft, Tata Steel and more.
Competitions and Achievements
  • India's Most Competitive B-School 2022-23
  • Over 30+ national wins in corporate contests
  • Gratitude to Alumni
  • Support and mentorship

IIFT IPM, although new, is sought after by a lot of students interested in pursuing a career in management. Although the fee for the entire 5-year could strain your financial conditions, you can utilize the scholarship benefits and opt for an education loan.

Key Takeaways:

  • Fee Structure: Rs. 4,00,000 per year for the first three years; total fees around Rs. 33,77,314 for Delhi and Rs. 32,97,314 for Kolkata over five years.
  • Additional Costs: Includes a Rs. 10,000 security deposit and mess charges. Additional fees for student activities may apply.
  • Scholarships: Offers scholarships for students with family income under Rs. 8 lakhs and various government scholarships.
  • Education Loans: Loans up to Rs. 30 lakhs, with favorable terms from SBI and other banks.
  • ROI and Placements: High placement rates with average CTC at 29.1 lakhs INR, top recruiters include Amazon, Deloitte, and Microsoft.

Frequently Asked Questions

What is the fee structure for the IIFT IPM program for 2025?

Are there any additional expenses besides tuition fees in the IIFT IPM program?

Is there a provision for scholarships in the IIFT IPM program?

What is the Return on Investment (ROI) for the IIFT IPM program?

Is there a fee concession available for any student groups in the IIFT IPM program?

Are mess charges included in the tuition fee for the IIFT IPM program?

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