August 11, 2022
The Integrated Programme in Management (IPM) is one of the most prestigious and significant courses for students who have just completed their 10 + 2 grade and are looking for a good career option.
Admission to the Integrated Programme in Management (IPM) depends on the score and performance of the candidate in the Integrated Programme in Management Aptitude Test (IPMAT).
The IPM is a 5-year full-time integrated course in management. This year around 18000 students have appeared for the IPMAT Exam, and only 120 extremely talented and hardworking will get a chance to study the IPM course in one of the best management colleges, i.e., IIM Indore.
In this article, you will get to know all details about the IPMAT Fee Structure, and Scholarship offered.
The students belonging to India and are a resident of India will have to pay Rs. 4,00,000/- per annum for the first 3 years i.e. Rs. 12,00,000/- for 3 years.
The students belong outside India, i.e., international applicants, they have to pay Rs. 6,00,000/- per annum for the first 3 years i.e. Rs. 18,00,000 for 3 years.
Download Free Study Material for IPMAT Exam by Super Grads
Read more: Short tricks to prepare for the IPMAT exam from class 11
The Need-Based Financial Assistance (NBFA) is a scholarship scheme in which each and every shortlisted student can avail themselves.
The main objective of the Need-Based Financial Assistance (NBFA) at IIM Indore is to ensure that no participant is deprived of education at the institute for financial reasons.
This scholarship scheme has been running for many years by the IIM Indore. Also, note that the coaching center of SuperGards is offering an AISAT scholarship; you can get a discount for IPM Coaching 2023-2024
Also, be sure to take mock tests to know where you stand with your IPMAT preparations.
Read more: Right time to start preparing for the IPMAT exam
NBFA (Need-based Financial Assistance) scheme provides financial assistance based on the family income and movable assets held by the family. The below table will show all the details regarding that.
S No. | Family annual Income from all sources per annum Rs. | Any other condition which will be considered before sanction and render the participant ineligible | NBFA educational loan interest reimbursement | Other Benefits |
1. | Upto Rs. 4,50,000/- | Movable assets like FDs / shares above Rs.10,00,000 and ownership of a car. Ownership of any asset, not more than 600 sq. ft. |
100% of interest reimbursement of the educational loan amount actually withdrawn from the bank for paying the fees to IIM Indore. | Rs.4,500 /- per month for 10 months towards mess fee reimbursement in a year. or Rs.1,000 /- per month reimbursed for internet connection if not on campus due to Covid -19 situation. |
2. | Rs. 4,50.001/- to 9,00,000/- | Ownership of building not more than 600 sq. ft. Movable assets like FDs / shares above Rs.10,00,000 and ownership of a car. |
50% of Interest reimbursement of the educational loan amount actually withdrawn from the bank for paying the fees to IIM Indore. | NIL |
Read more: Short trick to managing IPMAT exam and board exams
Frequently Asked Questions
What is the definition of Family as per NBFA?
What are the required documents to be submitted for earning members?
What is the fee structure of the IPM program offered by the IIM Indore for Indian citizens only?
What is the fee structure of the IPM program offered by the IIM Indore for International applicants?
How many applicants appeared this year for the IPMAT entrance examination conducted by the IIM Indore?
Updated On : August 11, 2022
The Integrated Programme in Management (IPM) is one of the most prestigious and significant courses for students who have just completed their 10 + 2 grade and are looking for a good career option.
Admission to the Integrated Programme in Management (IPM) depends on the score and performance of the candidate in the Integrated Programme in Management Aptitude Test (IPMAT).
The IPM is a 5-year full-time integrated course in management. This year around 18000 students have appeared for the IPMAT Exam, and only 120 extremely talented and hardworking will get a chance to study the IPM course in one of the best management colleges, i.e., IIM Indore.
In this article, you will get to know all details about the IPMAT Fee Structure, and Scholarship offered.
The students belonging to India and are a resident of India will have to pay Rs. 4,00,000/- per annum for the first 3 years i.e. Rs. 12,00,000/- for 3 years.
The students belong outside India, i.e., international applicants, they have to pay Rs. 6,00,000/- per annum for the first 3 years i.e. Rs. 18,00,000 for 3 years.
Download Free Study Material for IPMAT Exam by Super Grads
Read more: Short tricks to prepare for the IPMAT exam from class 11
The Need-Based Financial Assistance (NBFA) is a scholarship scheme in which each and every shortlisted student can avail themselves.
The main objective of the Need-Based Financial Assistance (NBFA) at IIM Indore is to ensure that no participant is deprived of education at the institute for financial reasons.
This scholarship scheme has been running for many years by the IIM Indore. Also, note that the coaching center of SuperGards is offering an AISAT scholarship; you can get a discount for IPM Coaching 2023-2024
Also, be sure to take mock tests to know where you stand with your IPMAT preparations.
Read more: Right time to start preparing for the IPMAT exam
NBFA (Need-based Financial Assistance) scheme provides financial assistance based on the family income and movable assets held by the family. The below table will show all the details regarding that.
S No. | Family annual Income from all sources per annum Rs. | Any other condition which will be considered before sanction and render the participant ineligible | NBFA educational loan interest reimbursement | Other Benefits |
1. | Upto Rs. 4,50,000/- | Movable assets like FDs / shares above Rs.10,00,000 and ownership of a car. Ownership of any asset, not more than 600 sq. ft. |
100% of interest reimbursement of the educational loan amount actually withdrawn from the bank for paying the fees to IIM Indore. | Rs.4,500 /- per month for 10 months towards mess fee reimbursement in a year. or Rs.1,000 /- per month reimbursed for internet connection if not on campus due to Covid -19 situation. |
2. | Rs. 4,50.001/- to 9,00,000/- | Ownership of building not more than 600 sq. ft. Movable assets like FDs / shares above Rs.10,00,000 and ownership of a car. |
50% of Interest reimbursement of the educational loan amount actually withdrawn from the bank for paying the fees to IIM Indore. | NIL |
Read more: Short trick to managing IPMAT exam and board exams
Frequently Asked Questions
What is the definition of Family as per NBFA?
What are the required documents to be submitted for earning members?
What is the fee structure of the IPM program offered by the IIM Indore for Indian citizens only?
What is the fee structure of the IPM program offered by the IIM Indore for International applicants?
How many applicants appeared this year for the IPMAT entrance examination conducted by the IIM Indore?