Fee Structure for Batch 2025-27

Note:

• The fee for Executive MBA 2025-27 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 program completion or withdrawal

A) Before the Program 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 Executive MBA 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 program on or after the program 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/-.

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 can take a break or temporarily withdraw from the Program at any point of time by giving an appropriate request to the Institute (but only after getting a written permission from the Institute); in this case, the fees paid by the Participant till then shall be forfeited. The Participant can re-join the Program 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.

Qualification & Work Experience

Selection Criteria

• Self-financed Candidates
  In the case of self-financed candidates fulfilling the minimum eligibility criteria as above shall be called for the PI process. The Executive MBA Admission Committee in consultation with the Competent Authority will decide the number of candidates to be called for PI.
  Candidates shall be required to submit a "No Objection Certificate"/ "Consent letter" at the time of admission for pursuing the Executive MBA at IIM Sambalpur from his or her employer.
• Industry Sponsored Candidates
  Industry Sponsored candidates are allowed admission in the Executive MBA Program of IIM Sambalpur. A Sponsored candidate must have been in service of the sponsoring organization for at least two years at the time of admission. The selection of candidates under this category will be primarily based on personal interview. The candidates will be required to submit a letter from the sponsoring company. A candidate selected under this category will have to abide by all the Rules and regulations applicable to students taken under normal category.

Statement of Purpose (SOP)

Preparing the merit List

• Merit List will be prepared based on Personal Interview, Academic Qualification, Relevant Work Experience and Statement of Purpose (SOP).
• IIM Sambalpur reserves the right to modify any part of this document including the various criteria and cut offs mentioned at any time till the actual admission process for the batch is completed.
• Admissions will be offered based on merit, as evaluated through the application and personal interview process.
• Admission offers will also be made on a first-come, first-served basis, subject to meeting the eligibility and selection criteria and the availability of seats.