Fee Structure for Batch 2026-28
| Fee Component |
Fees in INR |
| Application Fee |
1,000 |
| Offer Acceptance Fee |
50,000 |
| On or before the start date of Term 1 |
2,00,000 |
| On or before the start date of Term 2 |
2,00,000 |
| On or before the start date of Term 3 |
2,00,000 |
| On or before the start date of Term 4 |
2,00,000 |
| On or before the start date of Term 5 |
2,00,000 |
| On or before the start date of Term 6 |
2,00,000 |
| Security Deposit (Refundable) |
10,000 |
| Alumni Fee |
10,000 |
| Total Course Fee |
12,60,000 |
Note:
- The fee for MBA 2026-28 is
₹12,20,000 + refundable caution deposit of ₹20,000 + alumni membership fee of ₹10,000.
- Application fee of ₹1,000 is non-refundable.
- The Term 1 Fee and Caution Deposit are to be
paid within 7 days of receiving the Admission Offer/Acceptance Letter.
- A one-time refundable caution deposit of
₹20,000 is payable along with the Term 1 Fee, which will be refunded upon Programme completion
or withdrawal
Withdrawal and Refund Policy
A) Before the Programme Registration Date:
A candidate who has paid the offer acceptance fees but wants to withdraw, will be permitted to
do so, if his/her request is received by the MBA For Working Professionals Office by the stipulated
date
mentioned in the Admission Offer letter. The received fee will be refunded to the candidate after
deducting Rs. 1,000/- for processing charges.
B) On or After the Registration Date:
If a candidate wants to withdraw from the Programme on or after the Programme registration date, but
before the Term-1 classes start date, the amount paid by the student will be refunded after
deducting a withdrawal amount of Rs. 50,000/-.
Refund requests will not be considered under any circumstances on or after the date on which the MBA
Term-1 classes start, and for such candidates, only the caution money will be refunded.
C) Refund Timeline:
While IIM Sambalpur will attempt to process the eligible refunds as quickly as possible, IIM
Sambalpur will not be responsible for delays in the refund process, for any reason whatsoever.
D) Temporary Withdrawal and Credit Bank:
A participant may take a break or temporarily withdraw
from the programme by submitting a written request and
obtaining the Institute's written approval. in this case, the fees paid by the Participant till then
shall be forfeited. The
Participant
can re-join the Programme within the next three academic years by paying full fees applicable at the
time
of re-joining.
Credit Bank: The participant can carry forward the credits accumulated to a
maximum of 3 academic years.
Participants who successfully complete the first year (three trimesters) of the two-year MBA programme
for working professionals, and have no outstanding dues, will be awarded a PGPEX certificate if they
choose to quit from the programme.
Credit Bank: The participant can carry forward the credits accumulated to a maximum
of 3 academic years.
Credits earned will remain valid for a maximum of seven
years, or for the period specified by the Academic Bank of
Credits. The deposit, validity and redemption of credits will be
governed by the UGC (Establishment and Operationalization of Academic Bank of Credits (ABC)
scheme in Higher Education) Regulations, 2021.
