Noida (Delhi NCR), IN · 12 months · class of 114
IIM Lucknow IPMX MBA: cost, salary and payback
A one-year MBA in Noida for managers with about 8 years of experience, where one fee covers tuition, a room and meals.
Paid back after graduation in
over 30 years
Total cost $117,340 · 10-year NPV -$587,587
| Tuition and fees, whole program | $27,340 |
| Living budget | $0 |
| Salary given up, 12 months | $90,000 |
| Total cost | $117,340 |
| Salary after: median total pay | $28,337 |
| 10-year net present value | -$587,587 |
| Return on the cost (present values) | -501% |
US dollars at the ECB rate of the last update. Raises of 5% a year with the MBA and 3% without, discounted at 5%, before tax. The school publishes no living budget: the figure above is yours. How this is calculated.
Fees and budget read on October 13, 2026 · employment: IPMX Class of 2026 (18th batch), data as of 15 April 2026 (school standard) · Built by Radif Partners · Method
- Tuition and fees
- ₹2,605,000
- Total cost, salary given up included
- n/a
- median total pay
- ₹2,700,000
- Payback, reference person
- not computable
The IPMX, IIM Lucknow's one-year MBA for executives on its Noida campus near Delhi, charges ₹2,600,000 for the IPMX 2027-28 batch, plus a ₹5,000 alumni fee. The price is unusually complete: it includes tuition, course material, a basic single room, food on campus and the academic part, visa and stay of the overseas module. Only the airfare for that module and spending abroad come on top. Because the institute publishes no separate living budget, this page shows no total cost or payback for the reference person earning $90,000, a salary that would in any case be far above most Indian managers' pay before the program: type your own in the calculator. The class of 2026 reported a median CTC of ₹2,700,000, a cost-to-company package that here excludes joining bonuses, retention bonuses and stock, and 92.6% of those seeking a job had an offer by 15 April 2026. The class is among the most experienced on this site, with about 8 years of work on average; only 2 schools report more.
An experienced class, and what that means for the cost
The class averages about 8 years of work. That makes the salary you give up the line to watch. Whether 12 months of your pay outweigh the ₹2,605,000 paid to the institute depends on what you earn now, and for a manager with that much experience the two can be of the same order. The calculator at the top lets you test that: type your current salary in dollars, a living budget close to zero since room and food are included, and the ₹2,700,000 median as your salary after the degree.
The institute reports a large average rise from the salary before the IPMX to the one after, and that most of the class changed both function and industry. Read the median with its definition in mind: CTC is a total package, and the IPMX figure leaves out joining and retention bonuses and stock grants, which makes it more conservative than some Indian packages but still not a base salary.
IIM Lucknow IPMX: where the class went
Share of the class
35%
| Salary reported | $28,337 (school-wide) |
| Graduates, about | 40 |
| Payback with that salary | n/a |
Reference person earning $90,000 before the MBA.
Where the class went
Technology hired 47% of the class and consulting 35%, with finance at 11%. By role, consulting jobs of all kinds add up to 40%, project management 15% and product management 11%. The recruiters with final offers include Accenture, Accordion, CRIF, Delhivery, EXL, Genpact, GEP and HSBC. The report gives no salary by sector and no locations, so it cannot show whether any graduates left India.
The placement figure was measured on 15 April 2026, close to graduation rather than three months after it, and counts offers obtained outside the campus process as well as students who rejoined their former employer.
A fee or a salary in US dollars
In US dollars
$111,880
| 1 EUR | $1.119 |
ECB reference rate of October 13, 2026. Prices on the ground do not follow exchange rates one for one.
No scholarships, one price
The IPMX offers no scholarships: the program FAQ answers the question with a plain no. The fee is paid in instalments, a first payment followed by equal ones, and upgraded rooms cost extra at a rate the institute does not publish. For a comparison with the other one-year programs for managers in India, see IIM Ahmedabad PGPX, IIM Bangalore EPGP and IIM Calcutta MBAEx.
Where IIM Lucknow IPMX stands in our rankings
Not ranked: IIM Lucknow IPMX does not publish a living budget for students or where graduates went to work, which our ranking needs. Its cost is complete above.
Our fit score, reference person earning $90,000 before the MBA (method). Third-party rankings play no part in it. For reference, IIM Lucknow IPMX was ranked 58 in the FT Global MBA 2026.
What the IIM Lucknow IPMX MBA costs
| Item | INR, and US dollars |
|---|---|
| Tuition, whole program | ₹2,600,000 $27,288 |
| Mandatory fees | ₹5,000 $52 |
| Living budget | not published |
IIM Lucknow IPMX employment report: IPMX Class of 2026 (18th batch), data as of 15 April 2026
| Measure | Value |
|---|---|
| Median total pay | ₹2,700,000 $28,337 |
| Graduates who accepted an offer within three months | 92.6% |
IIM Lucknow IPMX graduates by industry
| Industry, as the school names it | Share | Salary |
|---|---|---|
| IT + ITeS + Data Analytics | 47% | not published |
| Consulting | 35% | not published |
| BFSI | 11% | not published |
| Logistics/Transport + Infrastructure + Education | 5% | not published |
| Power/Energy | 1% | not published |
IIM Lucknow IPMX graduates by job function
| Function | Share | Salary |
|---|---|---|
| Consulting | 24% | not published |
| Strategy & Management Consulting | 16% | not published |
| Project Management | 15% | not published |
| Product Management | 11% | not published |
| Sales & BD | 10% | not published |
| Analytics & Digital Strategy | 9% | not published |
| Supply Chain & Ops | 9% | not published |
| Program Management | 3% | not published |
| Finance | 1% | not published |
| Marketing | 1% | not published |
Employers named by IIM Lucknow IPMX
Accenture · Accordion · CRIF · Delhivery · EXL · Genpact · GEP · HSBC · ICICI Bank · Incedo · Infosys · LTIMindtree · McKinsey & Company · MyComplianceOffice · Persistent · PwC
Names only: the school gives no hire counts.
The IIM Lucknow IPMX class
| Measure | Value |
|---|---|
| Average years of work experience | 8 |
| Class size | 114 |
Not published by IIM Lucknow IPMX in the documents we read: a living budget for students; where graduates went to work. We leave these blank rather than fill them with an estimate.