PGDM
Post Graduate Diploma in Management
PGDM Fee Structure 2026
The fee structure for Post Graduate Diploma in Management (PGDM) varies significantly based on the type of institution. Overall, PGDM fees range from ₹26.50 Lakh to ₹30.60 Lakh across listed colleges. Currently, 3 colleges in India offer PGDM programmes.
College-wise PGDM Fees
| # | College | City | Type | Total Fees | |
|---|---|---|---|---|---|
| 1 |
SP Jain Institute of Management and Research Mumbai
SPJIMR |
Mumbai, Maharashtra | Private | ₹2,650,000 | Details |
| 2 |
Management Development Institute
MDI Gurgaon |
Gurugram, Haryana | Autonomous | ₹2,655,000 | Details |
| 3 |
XLRI Xavier School of Management Jamshedpur
XLRI |
Jamshedpur, Jharkhand | Private | ₹3,060,000 | Details |
PGDM Fee Breakdown - Component-wise
Detailed fee breakdown showing tuition, hostel, and other charges at select colleges.
XLRI Xavier School of Management Jamshedpur Total: ₹3,060,000
| Alumni Fee | ₹20,000 |
| Tuition Fee | ₹2,700,000 |
| Mess Charges (2 yrs) | ₹120,000 |
| Hostel (2 yrs, Single AC) | ₹240,000 |
| Caution Deposit (Refundable) | ₹20,000 |
| Development & Infrastructure | ₹360,000 |
State-wise PGDM Fees
Fee ranges across different states for PGDM colleges
| State | Colleges | Lowest Fee | Highest Fee | Average Fee |
|---|---|---|---|---|
| Maharashtra | 1 | ₹26.50 Lakh | ₹26.50 Lakh | ₹26.50 Lakh |
| Haryana | 1 | ₹26.55 Lakh | ₹26.55 Lakh | ₹26.55 Lakh |
| Jharkhand | 1 | ₹30.60 Lakh | ₹30.60 Lakh | ₹30.60 Lakh |
PGDM Fee Comparison by Institution Type
PGDM Fee Structure - College-wise Comparison
PGDM fees vary widely - from ₹14 lakhs at mid-tier colleges to ₹30+ lakhs at top-tier institutions. The critical metric is fees vs placement ROI, not absolute fees. IIMs at ₹26-27.5L with ₹34-35 LPA average placements offer better ROI than many cheaper options.
Top PGDM Programmes - Fee Comparison (Total 2-Year)
| Institution | NIRF 2025 | Total Fees | Avg CTC | Break-even |
|---|---|---|---|---|
| IIM Ahmedabad | #1 | ~₹27.50L | ₹35.22 LPA | <1 year |
| IIM Bangalore | #2 | ~₹26L | ₹34.88 LPA | <1 year |
| IIM Calcutta | #7 | ~₹27L | ₹34.23 LPA | <1 year |
| XLRI Jamshedpur | #6 | ~₹30.60L | ₹31.08 LPA | ~1 year |
| MDI Gurgaon | #9 | ~₹28.16L | ₹25.6 LPA | ~1.1 years |
| SPJIMR Mumbai | #20 | ₹24.86-26.50L | ₹33.75 LPA | <1 year |
| IMT Ghaziabad | - | ~₹22.27L | ₹16.25 LPA | ~1.4 years |
| Great Lakes Chennai | - | ~₹18-20L | ₹15 LPA | ~1.3 years |
| TAPMI Manipal | - | ₹16-20.8L | ₹13.08 LPA | ~1.5 years |
| FORE School Delhi | - | ~₹23.24L | ₹16.8 LPA | ~1.4 years |
| WeSchool Mumbai | - | ₹14-15.50L | ₹11.68 LPA | ~1.3 years |
Financing Options
- SBI Scholar Loan: For premier institutes (IIMs, XLRI, etc.) - up to ₹1.5 Crore, interest 9.5-10%. 0.5% concession for women borrowers.
- PM-Vidyalaxmi Scheme (2025): Collateral-free, guarantor-free education loans. Interest starting 6.85% (Bank of Baroda). 3% interest subvention for loans up to ₹10L for families with income ≤₹8L. 75% government guarantee for loans up to ₹7.50L.
- Institute Scholarships: Most top PGDM colleges offer merit-based and need-based scholarships. WeSchool provides tuition fee waivers for families earning below ₹8L.
- Corporate Sponsors: Some employers sponsor employees for PGDM with a service bond (2-3 years). PSUs and large corporates have structured executive education budgets.
Fee & Scholarship Information
- Fees shown are total programme fees and may vary by specialisation, batch, and category. Always verify current fees on the college's official website.
- Government colleges typically offer fee waivers and tuition reductions for SC/ST/OBC/EWS and PwD category students.
- Many institutions offer merit-based scholarships, education loans, and instalment payment options. Check individual college pages for details.
Frequently Asked Questions - PGDM Fees
PGDM fees vary widely. At top autonomous institutions (XLRI, MDI, IMT), fees range from ₹15-25 Lakh for the full programme. This is comparable to top MBA programmes. Lesser-known PGDM colleges may charge ₹3-10 Lakh.
Yes, AICTE-approved PGDM is treated as equivalent to MBA for employment and higher education purposes. The difference is that MBA is granted by universities while PGDM is granted by autonomous institutions. Both carry the same professional value.
At top autonomous B-schools, PGDM fees are justified by strong placement records, industry connections, and alumni networks. The ROI should be evaluated based on median placement salary relative to the programme cost.