Program Fee and Financial Aid

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

Cost Heads 1st Year 2nd Year 3rd Year 4th Year 5th Year Total Subsequent Year(s)
Admission/Registration 50,000 Nil Nil Nil Nil 50,000 Nil
Tuition fees 150,000 100,000 100,000 100,000 100,000 550,000 75,000
Learning Resources (e-resources,softwares etc.) 30,000 30,000 30,000 30,000 30,000 150,000 20,000
Alumni fees 15,000 Nil Nil Nil Nil 15,000 Nil
Security deposit(refundable) 25,000 Nil Nil Nil Nil 25,000 Nil
Total( Five years) 270,000 130,000 130,000 130,000 130,000 790,000  


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. Scholarship: Eligible candidates will be awarded a scholarship equivalent to JRF/SRF as under:

o   1-2 Year: Rs. 31,000/- per month

o   3-5 year: Rs. 35,000/- per month

  1. House Rent Allowance (HRA): The HRA @24% of scholarship amount (where Institute is not providing hostel accommodation). In case the scholar goes for hostel accommodation, he/she will not be eligible for the HRA.
  2. Contingency Grant: The scholars would be eligible for a handsome total contingency grant of INR 90,000 (@ 30000/- per annum) during the 3-5th year of his/her 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.
  3. 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.
  4. 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.