Top mba colleges in lucknow

IILM Academy of Higher Learning Lucknow fees

The IILM Academy of Higher Learning, Lucknow, fee structure is such that it is all-inclusive yet mirrors the superior educational climate, infrastructure, and career-focused exposure being provided by the institute. For the flagship PGDM programme, the investment amounts to approximately ₹6.9 lakhs over two years, comprising tuition costs, academic materials, and other consequential elements of the curriculum. The first year costs a payment of approximately ₹4.1 lakhs, while the second year is roughly ₹2.8 lakhs, spreading the load over the duration of the programme. Besides, the institute has designed a dynamic scholarship scheme where deserving candidates can be provided with waivers of 10% to 100% of the tuition charge depending on their performance in the entrance exam, academic excellence, leadership qualities, or even co-curricular and sports performance. This renders the fee structure both organized and affordable so that deserving students do not incur financial constraints in pursuing management studies at IILM Lucknow.

Besides the PGDM, IILM Lucknow also provides undergraduate programs like BBA, where the total fee is competitive with other private colleges in the region. The three-year BBA program is almost ₹2.88 lakhs, while the four-year BBA program is about ₹3.77 lakhs, which makes it a relatively inexpensive choice for students who want to pursue quality education in business administration. The institute also levies a registration or admission charge during admission, which holds the student’s position and is used for administrative and facility resources. Although a private organization, IILM focuses on affordability with organized fee payment plans, installment facilities, and a variety of scholarship schemes that bring down the effective cost for deserving candidates. And hence, be it PGDM or the undergraduate programs, IILM Lucknow’s fee structure is a blend of affordability, academic quality, and investment value, as well as catering to students belonging to various academic and financial backgrounds.

 PGDM Fee Structure (Year-Wise)

The PGDM program at IILM Lucknow is spread over two years with a total fee of around ₹6.9 lakhs. The first year carries a higher fee of ₹4.1 lakhs, while the second year is ₹2.8 lakhs. This distribution allows students to manage finances in stages. The fees cover tuition, academic resources, and essential student services. Flexible installment payment is available to ease the financial load.

Year Tuition Fee (₹) Other Charges (₹) Total (₹) Mode of Payment
Year 1 4,10,000 Included 4,10,000 Installments allowed
Year 2 2,80,000 Included 2,80,000 Installments allowed

 BBA Fee Structure (Course Duration-Wise)

The BBA program fees are structured to suit both three-year and four-year courses. The total for the 3-year option is about ₹2.88 lakhs, while the 4-year plan goes up to ₹3.77 lakhs. On average, the annual cost ranges between ₹94,000 and ₹96,000. An admission fee is paid at the time of joining to confirm the seat. This makes the BBA program comparatively affordable for undergraduate aspirants.

Course Duration Total Fee (₹) Annual Average Fee (₹) Admission Fee (₹)
BBA (3 Years) 3 years 2,88,000 96,000 10,000
BBA (4 Years) 4 years 3,77,000 94,250 10,000

PGDM Scholarship Categories

IILM offers a wide range of scholarships for PGDM students. These range from 10% to a full 100% fee waiver. Eligibility depends on academic performance, entrance exam results, or extracurricular achievements. Regional and special categories are also supported. This policy ensures access to quality education regardless of financial constraints.

Category Waiver (%) Criteria Benefit Duration
Merit-Based 20%–100% High academic scores Reduced tuition Full course
Entrance Score 20%–50% CAT/XAT/MAT/NMAT Partial relief 1st year
Sports/Arts 20%–40% Achievements Tuition discount Full course
Regional 10%–20% State quota Tuition concession Full course
Special Category 100% Exceptional cases Full waiver Case basis

Additional Costs (Approx.)

In addition to tuition, there are other costs students should be aware of. Registration and examination fees are compulsory and paid upfront or per semester. Hostel and mess charges apply only if a student opts for campus residence. Books and study materials add to the academic expenses. Miscellaneous charges cover cultural events, clubs, and student activities.

Category Cost (₹) Frequency Notes Mandatory
Registration Fee 10,000 One-time Paid at admission Yes
Examination Fee 2,500 Per Semester For exams Yes
Hostel Fee 85,000 Annual Includes food Optional
Books & Materials 8,000 Annual Study materials Yes
Miscellaneous 5,000 Annual Activities, clubs Optional

 Hostel Fee Details

IILM Lucknow provides comfortable hostel accommodation for both boys and girls. The shared room option is the most economical, while deluxe and single rooms offer premium facilities. Mess charges are included in the hostel fee, ensuring quality meals for residents. Wi-Fi, study areas, and basic utilities are available in all rooms. A one-time refundable security deposit is mandatory at the time of joining.

Room Type Annual Fee (₹) Mess Charges Included Security Deposit (₹) Facilities
Shared Room 85,000 Yes 5,000 Wi-Fi, Study table
Single Room 1,20,000 Yes 5,000 AC, Wi-Fi
Deluxe Room 1,40,000 Yes 5,000 AC, Laundry
Girls’ Hostel 90,000 Yes 5,000 Security, Wi-Fi
Boys’ Hostel 85,000 Yes 5,000 Wi-Fi, Recreation

Fee Payment Options

Students can pay their fees using multiple convenient methods. Both lump sum and installment-based payment systems are available. The institute also supports education loans with tie-ups from banks. Scholarships directly reduce tuition costs during calculation. Online transactions are accepted for hassle-free payments.

Mode Availability Installment Plan Online/Offline Notes
Lump Sum Yes No Both One-time full payment
Installments Yes Semester-wise Both Flexible option
Education Loan Yes As per bank Bank transfer Tie-ups with banks
Scholarship Adjust Yes Waiver applied Auto-adjusted Reduces fee
Online Payment Yes Partial allowed Online portal Safe & quick

 Comparison with Other Colleges in Lucknow

IILM’s fee is competitive when compared to other B-schools in Lucknow. While Jaipuria has higher fees, IILM balances costs with strong scholarship support. Other colleges like SRMS and BBDU are slightly cheaper but may not provide as extensive a network. Hostel charges across institutions are fairly similar. Overall, IILM maintains a balance of affordability and quality.

College PGDM Fee (₹) BBA Fee (₹) Hostel Fee (₹) Notable Feature
IILM Lucknow 6,90,000 2,88,000–3,77,000 85,000+ Strong scholarships
Jaipuria Lucknow 11,75,000 3,10,000 1,00,000+ High corporate tie-ups
SRMS Lucknow 7,00,000 2,50,000 80,000 Value for money
BBDU Lucknow 5,50,000 2,40,000 75,000 Large campus
Integral Univ. 6,00,000 2,20,000 70,000 Affordable private option

 Return on Investment (ROI)

The return on investment at IILM Lucknow is quite promising. The average PGDM package is nearly equal to the full two-year fee, showing a strong ROI. BBA graduates also receive competitive placements, often higher than their total course cost. Compared to national private universities, IILM offers a more affordable path with solid outcomes. This makes IILM Lucknow attractive for career-focused students.

Course Average Fee (₹) Avg. Placement Package (₹) ROI (%) Placement Rate
PGDM 6,90,000 6,50,000 ~94% 90%+
BBA 2,88,000–3,77,000 3,50,000 ~110% 80%+
MBA (comparative) 7,50,000 6,80,000 ~91% 85%
Other Lucknow UG 2,40,000 2,80,000 ~116% 70%
Top Private India 18,00,000 15,00,000 ~83% 95%

Conclusion 

The fee model of IILM Academy of Higher Learning, Lucknow, is a well-balanced one that has a blend of affordability and quality education, and thus stands out as a good option for students wanting to study business and management. With the PGDM programme costing approximately ₹6.9 lakhs for two years and BBA programmes between ₹2.88 lakhs and ₹3.77 lakhs based on duration, the institute makes its services available to students with varying financial capabilities. What makes it even more appealing is the offer of several scholarships, from 10% to a full 100% waiver of the tuition fee, based on merit, performance in entrance exams, extracurricular activity, or special categories, thus cutting significantly into the financial expense for deserving students. Reasonable hostel and other charges, apart from tuition, are levied, with hostel facilities offering up-to-date amenities and food, making life on campus comfortable and student-friendly. Compared to other institutions in Lucknow and even at the national level, IILM Lucknow is exceptional in having a modest fee structure while having effective placement opportunities, with the majority of students breaking even on their educational investment through mean placement packages that nearly equal or are higher than their overall fees. The option of installment-based payments, assistance for education loans, and clear cost structure also add to its student-oriented approach. When taken collectively, the fee structure at IILM Lucknow is not just about figures but also about value for money, accessibility, and inclusiveness, providing opportunities to students to acquire world-class education and career opportunities without placing a burdensome economic pressure on families.

FAQs

Q1. What is the total fee for the PGDM program at IILM Lucknow?
The total fee for the two-year PGDM program is around ₹6.9 lakhs, payable in installments.

Q2. How much is the fee for the BBA program?
The BBA program fee is about ₹2.88 lakhs for three years and ₹3.77 lakhs for four years.

Q3. Does IILM Lucknow offer scholarships on tuition fees?
Yes, IILM provides scholarships ranging from 10% to 100% based on merit, entrance exam performance, or special criteria.

Q4. Are hostel fees included in the course fees?
No, hostel fees are charged separately. They usually range between ₹85,000 to ₹1.4 lakhs annually, depending on room type.

Q5. Can fees be paid in installments?
Yes, the institute allows semester-wise installment payments to ease financial pressure on students and families.

Q6. Is there any registration or admission fee apart from tuition?
Yes, students must pay a one-time registration/admission fee, generally around ₹10,000 at the time of joining.

Q7. Does IILM Lucknow support education loans for students?
Yes, the institute has tie-ups with banks and provides documentation support for students availing education loans.

Q8. Are scholarships applicable to both PGDM and BBA courses?
Scholarships are primarily designed for PGDM students, but BBA students with strong merit can also avail limited benefits.

Q9. What is the average placement package compared to the fees?
The average PGDM placement package is around ₹6.5 lakhs, which nearly equals the total fee, ensuring good ROI.

Q10. Are there any hidden or additional charges in the fee structure?
No, the fee structure is transparent. Additional costs are only for hostel, mess, examination fees, and study materials.

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