IPMAT Indore Fees and Scholarship: How to Apply for the IPMAT Indore Scholarship

The IPM program at IIM Indore is a 5-year integrated program (BBA+MBA) for students who have just passed the 12th class. The program consists of a fundamental phase (1-3 years) and a management phase (4-5 years). Due to the split of the course, the fee structure is different depending on the year. At the IIM Indore, almost 30,000 students compete every year for 150 seats. Along with the high fee of IIM Indore, there are scholarship programs offered by IIM Indore. In this article, we share some information with you regarding the IPMAT Indore fee and scholarship.

IPMAT Indore Fee Structure 2026

The IIM Indore fee structure is divided into two parts for both domestic and international students. The first one is for the BBA program, and the second one is for the postgraduate program (MBA). In the integrated program management, the last two years of fees are similar to the postgraduate program fee. IIM Indore provides accommodation for the first 3 years on a sharing basis, and for the last two years, students, IIM Indore are provided single-room accommodation.

IIM Indore fees structure for domestic students  

IIM Indore Fee Structure for International Students

IIM Indore Fee Structure of Integrated Management Program and BBA & MBA for International Students. The last two years’ fee for IPM is similar to the postgraduate program.

IPMAT Indore Scholarship

The IIM Indore not only provides the best management program in the country but also provides scholarships for academic topper students. The IIM Indore aims to ensure that no talented students miss out on education due to financial constraints. IIM Indore offers Need-Based Financial Assistance (NBFA) and other merit-based scholarships provided by the government of India and some other external organizations.

Need-Based Financial Assistance (NBFA)

This is the primary scholarship offered by the IIM Indore. This scholarship is offered to those students who pursue IPM and PGP courses. It supports students from economically weaker backgrounds. 

• Students who come under the economically weaker section are eligible for the NBFA scholarship.
• The eligibility for this scholarship is based on the annual family income, assets, and other factors. 
• Students who come under the SC, ST, OBC, and PWD categories can apply for the NBFA scholarships.

NBFA Scholarship Registration Process

The NBFA application process has several steps; students must follow those steps to apply.

• The applicant must fill out the form for the NBFA scholarship. In the application, the applicant fills in the personal and financial information.
• The NBFA committee reviews the application form for the right eligible candidates.
• The selected applicant called for personal interaction to authenticate their application.

Other Scholarships offered by the Private Corporations at IIM Indore

1. Aditya Birla Scholarship

• This scholarship is provided to 1st-year students who are strong in their academic section, and an applicant can also get this scholarship in the 2nd year if they are in the top 25 students. 
• The applicant receives the amount of 175000 every year.

2. OP Jindal Engineering & Management Scholarship

• The top 20 students can apply for this scholarship on the basis of their first-year CGPA.
• The applicant must pass the written test and personal interview to get this scholarship.

3. State Bank of India Scholarship

• This is a merit-based scholarship. The applicant can get this scholarship yearly.
• The applicant can get 150000 in this scholarship.