Indian Institute of Management Kozhikode (IIM Kozhikode) Fees: A Complete Guide 2025
Table of Contents
Introduction to IIM Kozhikode
Overview of IIM Kozhikode Fee Structure
Detailed Fee Structure for Different Programs
Post Graduate Program (PGP) / MBA
Executive Post Graduate Program (EPGP)
Fellow Program in Management (FPM)
Other Certificate and Short-term Courses
Components of Fees Explained
Tuition Fees
Hostel and Accommodation Charges
Security Deposit
Other Miscellaneous Fees
Fee Payment Schedule and Modes
Scholarships and Financial Aid at IIM Kozhikode
Education Loan Facilities
Fee Comparison: IIM Kozhikode vs Other Top IIMs
Value for Money: Is IIM Kozhikode Worth the Fee?
Tips for Managing IIM Kozhikode Fees
FAQs on IIM Kozhikode Fees
Conclusion
1. Introduction to IIM Kozhikode
Indian Institute of Management Kozhikode (IIM Kozhikode or IIMK) is one of India's leading business schools, known for its rigorous academic programs, world-class faculty, and excellent placement record. Established in 1996, it offers a variety of management programs including the flagship Post Graduate Program (PGP), Executive PG Program (EPGP), Fellow Program in Management (FPM), and several other short-term and certificate courses.
One of the key considerations for prospective students is the fee structure. Understanding the complete fee details of IIM Kozhikode programs helps students and parents plan finances effectively and explore scholarship or loan options.
2. Overview of IIM Kozhikode Fee Structure
The fees at IIM Kozhikode vary depending on the program, duration, and facilities availed by the students. The fee structure covers tuition, accommodation, library, examination, medical, and other administrative costs.
For flagship programs like PGP, the fee is generally structured over two academic years, while executive and doctoral programs have their own specific fee models.
3. Detailed Fee Structure for Different Programs
3.1 Post Graduate Program (PGP) / MBA Fees
The PGP at IIM Kozhikode is equivalent to an MBA degree and is the most popular course at the institute. The program spans two years, and the fee structure for the batch 2024-26 is approximately:
Fee Component | Amount (INR) |
---|---|
Tuition Fee | ₹18,00,000 |
Hostel & Accommodation | ₹1,20,000 |
Security Deposit (Refundable) | ₹20,000 |
Mess Charges | ₹1,50,000 (approx.) |
Other Miscellaneous Fees | ₹1,00,000 |
Total Estimated Fee | ₹21,90,000 |
Note: Fees may vary slightly with each batch and depend on hostel type, mess plan, and other choices.
3.2 Executive Post Graduate Program (EPGP) Fees
The Executive PG Program is designed for working professionals and usually spans one year. The fee structure for EPGP 2024-25 is:
Fee Component | Amount (INR) |
---|---|
Tuition Fee | ₹12,00,000 |
Hostel & Accommodation | Optional, varies |
Security Deposit (Refundable) | ₹20,000 |
Other Fees | ₹50,000 |
Total Estimated Fee | ₹12,70,000 |
3.3 Fellow Program in Management (FPM) Fees
The FPM is a doctoral-level program aimed at research scholars. Fees are comparatively lower and often subsidized or waived for candidates with fellowships.
Fee Component | Amount (INR) |
---|---|
Tuition Fee | ₹2,00,000 (per annum) |
Hostel & Accommodation | ₹1,20,000 (optional) |
Other Fees | ₹30,000 |
Total Estimated Fee | ₹2,50,000 - ₹3,50,000 (per annum) |
3.4 Other Certificate and Short-term Courses Fees
IIM Kozhikode also offers various certificate programs ranging from a few weeks to months. Fee varies widely based on course duration and content, typically between ₹50,000 and ₹5,00,000.
4. Components of Fees Explained
4.1 Tuition Fees
This is the major component covering academic instruction, access to resources, faculty, and course materials.
4.2 Hostel and Accommodation Charges
Hostel fees cover lodging facilities. The charges depend on the type of room selected — single or shared accommodation, air conditioning, and mess services.
4.3 Security Deposit
A refundable security deposit is collected at the start of the program to cover any damages or dues.
4.4 Other Miscellaneous Fees
Includes library charges, examination fees, medical facilities, student activity fees, technology fees, and insurance.
5. Fee Payment Schedule and Modes
Fees are generally payable in installments at the start of each semester or academic year.
The institute allows payment through online bank transfer, demand drafts, and payment gateways.
Late fee penalties apply for delayed payments.
6. Scholarships and Financial Aid at IIM Kozhikode
IIM Kozhikode offers several scholarships based on merit, category, and financial need:
Merit-based Scholarships: Awarded to top performers.
Category-based Scholarships: For SC/ST/OBC and economically weaker sections.
External Scholarships: Many banks and organizations offer education loans and scholarships for IIM students.
Institute-sponsored Aid: Partial fee waivers or stipends may be provided for deserving students.
7. Education Loan Facilities
Most students avail education loans from banks such as SBI, HDFC, Axis Bank, and others. The institute provides necessary fee structure documents and admission letters to support loan processing.
8. Fee Comparison: IIM Kozhikode vs Other Top IIMs
Institute | Program | Approx. Fees (INR) |
---|---|---|
IIM Kozhikode | PGP | ₹22,00,000 |
IIM Ahmedabad | PGP | ₹23,00,000 |
IIM Bangalore | PGP | ₹23,50,000 |
IIM Calcutta | PGP | ₹23,00,000 |
IIM Lucknow | PGP | ₹20,00,000 |
9. Value for Money: Is IIM Kozhikode Worth the Fee?
Considering excellent placement records, industry connections, and academic quality, IIM Kozhikode offers strong ROI on fees. Alumni success and brand value enhance career growth potential.
10. Tips for Managing IIM Kozhikode Fees
Apply early for scholarships and financial aid.
Plan education loans well in advance.
Opt for shared hostel accommodation if budget is tight.
Utilize institute resources for career support to ensure placements.
11. FAQs on IIM Kozhikode Fees
Q: Can fees be paid in installments?
A: Yes, fees can generally be paid semester-wise.
Q: Are there any fee waivers?
A: Yes, merit and category-based fee waivers are available.
Q: Is hostel mandatory?
A: No, but strongly recommended for campus experience.
12. Conclusion
Understanding the fee structure of IIM Kozhikode is essential for aspiring students. Despite the high fees, the institute’s value in terms of education quality, placement opportunities, and brand recognition make it a worthy investment. Planning for fees, scholarships, and loans early can ease the financial burden and help focus on academics and career growth.