Fee Structure
The fee structure for FPM program is given in the following table.
| Due Date | Academic Fee | Text/Reading Material | Student Welfare | Library Fee | IT Fee | Tuition Fee | Registration Fee | Alumni-Life Membership | Refundable Security Deposit* | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1st Year | 01.07.20 | 270000 | 9000 | 4500 | 8000 | 8500 | 300000 | 25000 | 12000 | 25000 |
| 2nd Year | 01.07.21 | 70000 | 9000 | 4500 | 8000 | 8500 | 100000 | --- | --- | --- |
| 3rd Year | 01.07.22 | 70000 | 9000 | 4500 | 8000 | 8500 | 100000 | --- | --- | --- |
| 4th Year | 01.07.23 | 70000 | 9000 | 4500 | 8000 | 8500 | 100000 | --- | --- | --- |
| Total# | --- | 480000 | 36000 | 18000 | 32000 | 34000 | 600000 | 25000 | 12000 | 25000 |
Note 1*: Security deposit is refundable subject to obtaining clearance against all dues and damages, if any, to institute’s properties/assets.
Note 2: Each candidate needs to adhere to the payment schedule. Late fee payments are accepted only in exceptional cases (with prior approval), with a daily penalty of Rs. 500/ day from the scheduled date.
Note 3: In case, the candidate is unable to clear his/her dues within ten days of scheduled payment with penalty, he/she may be asked to leave the campus.
Note 4: In case, the candidate wishes to withdraw from the course, only the security deposit will be refunded.
Hostel Fees And Mess Charges**
| Academic Year | Amount (in Rupees) for One Academic year (June 2020 to March 2021) | Amount Due on |
|---|---|---|
| 2020-2021 | 1,68,000/- for AC single room (This is for Lodging only) 1,10,000/- for shared AC room (2 persons) (This is for Lodging only) 1,20,000/- for Non- AC single room (This is for Lodging only) 58,000/- for shared Non- AC room (2 persons) (This is for Lodging only) |
June 10, 2019 |
| Vegetarian / Non- Vegetarian 5,800/- per month | Mess Charges are payable Quarterly in advance (5th of every Quarter) |
**Hostel and Mess charges are indicative and subject to change. Delayed hostel fee payment will be accepted with a daily penalty of Rs. 500/day. GST extra as applicable.
Payment Details
The Demand Draft can be drawn in favor of International Management Institute, Bhubaneswar payable at Bhubaneswar.
The details for NEFT/RTGS transfer are:
International Management Institute, Bhubaneswar
YES Bank Ltd., Account No. 106694600000088
IFSC- YESB0000001
Baramunda, Bhubaneswar – 751003
In case of RTGS/NEFT transfer, email to admissionsfpm@imibh.edu.in providing the following details: Name of the Applicant, Bank Name, UTR Number, Date of Transfer, Amount of Transfer.