IIM Lucknow Executive MBA Fees 2026: Total Cost, Waivers & Payment Plan
IIM Lucknow offers three executive MBA programs – PGPWE, IPMX and bMBA. Find fee structures for all these courses along with scholarship options.
The IIM Lucknow Executive MBA Fees ranges from Rs. 15 to Rs. 27 lakhs for the whole duration, based on the course type. IIM Lucknow offers three distinct executive MBA programmes. IIM Lucknow executive MBA fees include tuition fee, accommodation charges and more. Further, IIM Lucknow students are also offered various scholarships, including merit-based, need-based and other aids. While the program offers unparalleled career advancement, understanding the total financial commitment, including tuition and other expenses, requires careful planning. Fortunately, IIM Lucknow provides various fee waivers and structured payment plans to ease this burden. This article comprehensively details the 2026 program cost, explores available financial aid, and outlines payment schedules.
IIM Lucknow Executive MBA Fees 2026: Program Cost & Inclusions
IIM Lucknow offers 3 executive MBA programmes – the Post-Graduate Programme in Management for Working Executives (PGPWE), International Programme in Management for Executives or IPMX and blended Master of Business Administration (bMBA). The tables ahead discuss all three programmes in detail with their fees.Â
Post-Graduate Programme in Management for Working Executives
The PGPWE is a two-year MBA for working professionals, designed to be pursued alongside full-time employment. It focuses on building strong managerial fundamentals, leadership skills, and strategic thinking, enabling participants to transition into senior roles while applying learning directly to real-world business contexts.Â
| Fee Component | Amount |
| Tuition Fee | ₹11,00,000 |
| Refundable Caution Money | ₹10,000 |
| Alumni Membership Fee | ₹5,000 |
| Taxes | As per Govt. of India rules |
| International Immersion (Mandatory – approx.) | ₹4,50,000 |
| Immersion Payment (Term IV) | ₹2,00,000 |
| Immersion Balance (Term V) | Remaining included in above |
| Accommodation | Non-residential (optional, extra cost if availed) |
| Total Programme Cost | ₹15,50,000 – ₹16,00,000 |
International Programme in Management for Executives (IMPX)
IPMX is a one-year full-time residential MBA for mid- to senior-level professionals. The program emphasizes global business perspective, strategic leadership, and cross-functional expertise, combining rigorous classroom learning with industry interaction and international immersion to prepare executives for top leadership roles.Â
| Fee Component | Amount |
| Tuition Fee | ₹26,00,000 |
| Refundable Caution Money | ₹20,000 |
| Alumni Membership Fee | ₹5,000 |
| Accommodation | Included (on-campus single occupancy room) |
| Food & Dining | Included |
| Course Material & Academic Resources | Included |
| Computing & Networking | Included |
| Career Services & Student Activities | Included |
| Convocation | Included |
| Overseas Module (Visa + Stay) | Included in fee |
| Total Fees | ₹26,25,000 – ₹27,00,000 (approx.) |
Blended Executive MBA
The Blended MBA is a two-year hybrid program combining online learning with periodic campus immersion. It focuses on core management fundamentals in the first year and electives in the second, helping working professionals develop strategic, analytical, and leadership skills without leaving their jobsÂ
| Fee Component | Amount |
| Application Fee | ₹2,000 |
| Tuition Fee | ₹14,00,000 |
| Alumni Membership Fee | ₹5,000 |
| Convocation Fee | ₹10,000 |
| Accommodation Charges | ₹80,000 |
| Acceptance Fee | ₹50,000 |
| Total Programme Cost | ₹15,47,000 (≈ ₹15.5 Lakhs) |
| Tuition Payment Structure | ₹13,50,000 after acceptance fee |
| Installments | 5 × ₹2,70,000 per term |
IIM Lucknow Executive MBA Course-wise Payment Schedule
Post-Graduate Programme for Working Executives
| Amount to be Paid | Last Date / Payment Timeline |
| ₹70,000 | At the time of acceptance of admission offer |
| ₹1,58,000 | At the time of registration (First week of April 2026, includes ₹10,000 caution money) |
| ₹1,48,000 | At the start of Term 2 |
| ₹1,48,000 | At the start of Term 3 |
| ₹1,48,000 | At the start of Term 4 |
| ₹1,48,000 | At the start of Term 5 |
| ₹1,48,000 | At the start of Term 6 |
| ₹1,47,000 | At the start of Term 7 (includes ₹5,000 alumni fee) |
International Programme in Management for Executives
| Amount to be Paid | Last Date of Payment (Phase 1) | Last Date of Payment (Phase 2) |
| ₹3,00,000 | January 10, 2026 | March 10, 2026 |
| ₹5,75,000 + ₹20,000 (Caution Money) + ₹5,000 (Alumni Fee) + Additional Accommodation Charges (if any) | 2nd week of February 2026* | Last week of March 2026* |
| ₹5,75,000 | 2nd week of May 2026* | 2nd week of May 2026* |
| ₹5,75,000 | 2nd week of September 2026* | 2nd week of September 2026* |
| ₹5,75,000 | 2nd week of December 2026* | 2nd week of December 2026* |
Blended Executive MBA
| Term | Tuition Fees (₹) | Other Fees (₹) | Accommodation Fees (₹) | Total (₹) |
| Before Term I | 50,000 | – | – | 50,000 |
| Up to Induction | 2,70,000 | – | 12,500 | 2,82,500 |
| Before Term II | 2,70,000 | 5,000* | – | 2,75,000 |
| Before Term III | 2,70,000 | – | 25,000 | 2,95,000 |
| Before Term IV | 2,70,000 | 10,000** | 25,000 | 3,05,000 |
| Before Term V | 2,70,000 | – | 17,500 | 2,87,500 |
| Total Program Fee | — | — | — | ₹14,95,000 |
Applying for IIM Lucknow EMBA Fee Waivers & Scholarships 2026
IIM Lucknow offers various scholarships and fee waivers for deserving and needy students pursuing the Executive MBA program. Understanding the available financial aid options is crucial for managing the overall IIM Lucknow Executive MBA Fees — Fees, Cost & Waiver.
| Scholarship | Benefit (Amount / Financial Support) |
| Merit-Based Scholarship | Cash awards or partial fee waivers for top performers; typically ranges from ₹50,000 to ₹1,00,000 per year depending on sponsor (e.g., corporate scholarships) |
| Category Scholarships for SC/ST Students | Government scholarships may cover full or partial tuition + stipend (~₹2,200/month) under schemes like Top Class Education; some basic assistance also starts from ₹1,500/year |
| Need-Based Scholarships | Primarily tuition fee waiver (partial to substantial) based on income (<₹4 LPA). In some cases, scholarships can cover up to ₹3 lakh or more of fees |
| Fellowship Grants | Mainly for doctoral-level programs; stipend of ₹35,000–₹40,000 per month + contingency grants (₹10,000–₹15,000/year) |
| Complimentary Scholarships | Sponsored by government, alumni, or corporates; typically partial tuition support or fee waivers, amount varies widely (often ₹50,000–₹1 lakh+) |
| Bank / Education Loans | Up to 100% fee financing (~₹15–26 lakh depending on program) with flexible repayment; often available via SBI, Central Bank, etc. |
IIM Lucknow EMBA Fees vs. IIM Bangalore & Ahmedabad 2026
| Fee Component | IIM Lucknow (IPMX – 1 Year MBA) | IIM Bangalore (EPGP – 1 Year MBA) |
| Tuition Fee | ₹26,00,000 | ₹26,50,000 |
| Accommodation | Included (basic single room) | ₹80,000 (on-campus) / ₹3,76,000 (family housing) |
| Food / Mess | Included | ₹66,000 |
| International Immersion | Included (visa + stay; airfare extra) | ₹5,50,000 (separate component) |
| Course Material, Library, Computing | Included | Included in tuition |
| Career Services & Activities | Included | Included |
| Alumni Membership | ₹5,000 | Included in tuition |
| Refundable Deposit | ₹20,000 | ₹25,000 |
| Convocation | Included | Included |
| Airfare (International Module) | Extra (actuals) | Included in immersion estimate (variable) |
Frequently Asked Questions
1. What is the total fee for IIM Lucknow Executive MBA in 2026?
The total fee varies by program. The PGPWE costs around ₹15.5–16 lakh including immersion, IPMX costs approximately ₹26–27 lakh, while the Blended MBA is about ₹15.5 lakh. Each includes different components like tuition, accommodation, and international exposure.
2. What does the IIM Lucknow IPMX fee include?
The IPMX fee includes tuition, course material, accommodation, food, academic resources, career services, and overseas module costs such as visa and stay. However, personal expenses like travel, internet, and local transport during the international module are not included.
3. How is the PGPWE fee paid at IIM Lucknow?
The PGPWE fee is paid in stages, starting with ₹70,000 at admission, followed by ₹1.58 lakh at registration. The remaining amount is divided across seven terms, with payments of around ₹1.48 lakh per term, including caution and alumni fees.
4. Are scholarships available for IIM Lucknow Executive MBA programs?
Yes, IIM Lucknow offers merit-based, need-based, and category scholarships. These may include partial fee waivers, government-funded support, or corporate-sponsored awards. However, most executive MBA scholarships are variable and not fixed, depending on eligibility and financial background.
5. What is the payment structure for the Blended MBA at IIM Lucknow?
The Blended MBA fee is paid through an initial acceptance fee followed by five instalments of ₹2.7 lakh each. Additional costs like accommodation, alumni, and convocation fees are included, bringing the total program cost to approximately ₹15.5 lakh.
6. How do IIM Lucknow Executive MBA fees compare with IIM Bangalore?
IIM Lucknow’s IPMX costs around ₹26–27 lakh, while IIM Bangalore’s EPGP ranges between ₹33–36 lakh. The higher cost at Bangalore is due to separately charged accommodation, food, and international immersion, whereas Lucknow includes many of these within its fee structure.
