Following is an approximate break up expenses that a typical exchange student faces while attending IIM Indore for one term.
These are the fees charged by the IIM Indore for every exchange student. This fees include books, course materials and registration costs. As a part of student exchange agreement, incoming exchange students are only required to pay the tuition fees at their own university. They are exempted from tuition fees at IIM Indore. However, exchange students are required to pay hostel and miscellaneous charges for their on-campus housing at IIM Indore.
Following is the breakup of Institutional Fees for incoming exchange students at IIM Indore:
|S. No.||Head||Amount in INR|
|3.||Refundable Caution Fees||5,000|
- Miscellaneous Fee includes books and course material, computer, library, alumni, SAC and medical facility. Medical facility includes a dispensary at the institute where first aid and other routine medical treatment is given. Basic medicines would be provided in the dispensary. For other drugs, doctors will give prescription, which participants have to buy on their own.
- To be refunded at the end of the term after deducting dues, if any
These fees can be paid either by Bank Transfer, Demand Draft or Cash. The fees are required to be paid by the day of Registration, after which late fees of INR 5,000 will be applicable. Personal Expenses There are some other expenses which exchange students would normally incur during their stay at IIM Indore. The details of a few such common expenses are as follows:
Rent for Cab is around Rs.600 for a 4 seater cab. It is Rs.1200 for an 8 seater cab. This rent is for a round trip distance travelled up to 40 km over a period of 4hrs. Extra charges are incurred for longer distances and time period.
Dinner at a local restaurant: Rs. 400-900 per person(approx.)
Mobile Phone charges: Rs.35/SIM Card + Telephone Usage charges
Other expenses could include expenses on daily used commodities bought by exchange students from local markets.