Program Fee and Financial Aid

The Program fee structure and the waivers and stipned available for different scholar categories are as follows.

Cost Heads

1st year 2nd year 3rd year 4th year Total
Admission/Registration 50000 NA NA NA 50000
Tuition fees 150000 100000 100000 100000 4,50,000
Learning Resources (books, e-resources, software etc.) 30,000 30,000 30,000 30,300 1,20,300
Alumni fees 15,000 NA NA NA 15,000
Security deposit (refundable) 25000 NA NA NA 25,000
Total (Four years) 2,70,000 1,30,000 1,30,000 1,30,300 6,60,300


Fee Waivers & Other Financial Support:

FPM Full-time students: The participants are awarded the following waivers and financial support

  1. Tuition fee: 100% waiver of fee throughout the duration of program
  2. Learning Resource fee: 100% waiver throughout the duration of program
  3. Stipend: Eligible candidates will be awarded a stipend of INR 65,000/- per month. This stipend would be valid for four years from the date of joining the program.
  4. Contingency Grant: The scholars would be eligible for a handsome total contingency grant of INR 90,000 (@ 30000/- per annum) during the tenure after the successful completion of the course work phase. This grant may be used to cover incidental expenses like data collection, stationery, hardware/software and others.
  5. Conference support: The institute also provides a cumulative grant of INR 1,20,000/- for presenting research papers in domestic and international conferences. The conference needs to be fulfilling the conference norms as laid down by the institute.
  6. Additional conference support linked to research output: The scholar who publishes in superior quality Peer Reviewed Journals will get an additional conference support grant of INR 2,00,000/- for every such Peer Reviewed Journal publication (granted after the Final acceptance of the publication has been obtained).
Please note: Superior quality is as determined by IMI New Delhi journal quality categorization standards. This is a quality categorization that is significantly superior to the minimum quality categorization required to complete degree requirements. The Paper must be co-authored with an IMI New Delhi Faculty and the scholar must ensure the publication is submitted with the IMI New Delhi affiliation.

FPM Part-time students (academicians): The participants are awarded the following waivers in fee

  1. Tuition fee: 50% waiver of fee throughout the duration of program
  2. Learning Resource fee: 50% waiver throughout the duration of program  


FPM Part-time students (corporate executives): The participants must pay the fee as per the above schedule.