IPM Colleges with Lowest Fees in India 2027

For students who are planning to do IPM and want to know about the fees of the top IPM colleges, remember there is no limit of fees in IPM, some colleges are taking less than 10 lakhs and some are taking more then 35 lakhs, It’s on you to choose according to your budget. Students who want lower fees can choose colleges like IIM Kozhikode, IIM Amritsar, and IIM Sirmaur, they  provide management programs at an affordable cost. Top IMP colleges like IIM Indore, IIM Rohtak, and IIM Jammu are the most expensive option for students. These colleges charge more than 35 lakhs. 

Also Read: IPMAT Indore Previous Year Question Paper

IPM Colleges with Lowest Fees

The table below compares the approximate total fees of major IPM colleges in India. This includes the undergraduate part and, where applicable, the MBA portion of the program. Fees are approximate and may change in future admission cycles.

College Program Approx. Total Fees
IIM Kozhikode BMS ₹9.47 Lakh
IIM Amritsar BSQFE + MBA ₹17.75 Lakh
IIM Sirmaur BMS ₹22.73 Lakh
IIM Sambalpur BS in Management & Public Policy / Data Science ₹25.97 Lakh
IIM Indore IPM ₹35–40 Lakh
IIM Rohtak IPM ₹34–36 Lakh
IIM Jammu IPM ₹33–34 Lakh
IIM Bodh Gaya IPM ₹30–33 Lakh

Also Read: IPMAT Rohtak Previous Year Question Paper

Lowest Fee IPM Colleges You Should Consider

If you are looking for affordable IPM options you can choose IIM Kozhikode and IIM Amritsar. These colleges are the best options for you if you want quality education, good infrastructure with lower fees.

IIM Sirmaur is also a good option for students who want an IIM brand without paying the very high fees charged by older IIMs. These colleges can be a good choice for students looking for better value for money options.

IIM Kozhikode: One of the Most Affordable Options

IIM Kozhikode is one of the best options for students who want affordable management programs among IIMs. Fees of IIM Kozhikode is around ₹9.47 lakh. Its a most affordable college for you are planning to do an IPM from a good but affordable college.

IIM Amritsar: Good Balance of Fees and Brand Value

IIM Amritsar offers the Bachelor of Science in Quantitative Finance and Economics (BSQFE) program. The 3 year course will be 10.5 lakhs and the total program cost is around ₹17.75 lakh. 

Why Are Some IPM Programs More Expensive?

Some IPM courses are very expensive because most IPM programs include both an undergraduate degree and an MBA. Older IIMs generally have higher fees because of their strong brand value and established reputation.

IPM is not a 3 year program. It is a 5 year program with 3 year bachelor degree and 2 year master degree. Some best IIMs provide really big placements, older IIMs generally have higher fees because of their strong brand value and established reputation.

The fees also cover:

  • Faculty and academic resources
  • Campus facilities
  • Industry projects
  • Internships
  • Student activities
  • MBA program costs

Also Read: IPMAT Eligibility Criteria 

How to Choose an IPM College Based on Your Budget?

Fees are important, but they should not be the only factor in your decision. A college with slightly higher fees may offer better placements and career opportunities.

Before applying, compare:

  • Total fees
  • Hostel charges
  • Placement records
  • Average salary package
  • Faculty quality
  • Campus facilities
  • Industry exposure
  • Alumni network

Which IPM College Offers the Best Value for Money?

If you are looking for lower fees, IIM Kozhikode and IIM Amritsar are the best options. They offer the IIM brand at a much lower cost compared to some other IPM programs. For a 5 year program you can target IIM Indore, IIM Rohtak, IIM Jammu, or IIM Bodh Gaya. These colleges charge higher fees but also offer strong brand recognition and placement opportunities.

Which Affordable IPM College Should You Choose?

If fees is the first criteria for you, go with IIM Kozhikode and IIM Amritsar. If you have a budget and want to do a 5 year complete course from the biggest brand and want high placement options, you may target IIM Indore, IIM Rohtak, or IIM Jammu. Also compare fees, placements, curriculum, and future opportunities while choosing college for you. College that fits according to your budget and career plans is the best option.

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FAQs

Can I get an IPM degree with a budget below ₹15 lakh?

Yes, some universities and institutions offer integrated management programs with total fees below ₹15 lakh.

Which entrance exams are accepted by affordable IPM colleges?

Affordable IPM colleges may accept IPMAT, JIPMAT, NPAT, or their own entrance examinations, depending on the institute.