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UGC Disclosures

IFMR Graduate School of Business (GSB)
Format :
Duration :
Format :
Duration :
For the first three years, the tuition fee is INR 5,00,000 per annum.
From the fourth year onwards, the tuition fee applicable to the MBA programme will be charged, which is currently INR 8,00,000 per annum, and is subject to revision.
Currently, the living expenses are INR 2,25,000 per annum. This amount is subject to revision based on inflation and any changes in the scope of services.
| Component of Academic Fees | Indian Rupees | Payment Due Date |
| Admission Acceptance Fee | 25,000 | One week from the Admissions offer date* |
| Part 1 of first Instalment fees | 75,000 | Two weeks from the Admissions offer date* |
| Part 2 of first Instalment fees | 1,20,000 | Three weeks from the Admission offer date* |
| First Year Living fee** | 2,25,000 | 01-Jul-27 |
| Caution Deposit^^ | 50,000 | |
| Miscellaneous Fees (for usage of Sports and Gym facility) | 5,000 | |
| BBA programme commencement | TBA | |
| Second Instalment fees | 1,60,000 | 01-Sep-27 |
| Third Instalment Fees | 1,60,000 | 01-Dec-27 |
| Fourth Instalment Fees | 1,60,000 | 01-Jun-28 |
| Fifth Instalment Fees | 1,60,000 | 01-Sep-28 |
| Sixth Instalment Fees | 1,60,000 | 01-Dec-28 |
| Seventh Instalment Fees | 1,60,000 | 01-Jun-29 |
| Eighth Instalment Fees | 1,60,000 | 01-Sep-29 |
| Ninth Instalment Fees | 1,60,000 | 01-Dec-29 |
| Alumni Fee | 5,000 |
Note :
* For candidates selected in the final round of interview, the fees are payable by 30 June 2027.
^^ The caution deposit of Rs 50,000 will be refunded at graduation from IFMR GSB, Krea University, or withdrawal of admission, subject to recoveries, if any, pending from the student
*Please note that living expenses include monthly launderette costs of up to Rs 500 [if you incur beyond that, you need to pay extra].
The living fee for AY 2028-29 will be notified soon.
Living expenses for each academic year are payable on the following dates:
AY 2028 – 29 on/before 30 June 2028
AY 2029 – 30 on/before 30 June 2029
AY 2030 – 31 on/before 15 June 2030
AY 2031 – 32 on/before 15 June 2031