Term-wise breakdown, hostel costs, scholarships and education loans
Great Lakes Institute of Management, Chennai has released the official fee structure for the 2026-28 PGDM batch and the 2026-27 PGPM batch. One important fact that surprises most applicants: the PGPM is more expensive than the PGDM in total cost — ₹23.50 L all-in for PGPM versus ₹22.50 L for PGDM.
This is because the PGPM programme fee is higher (₹19.39 L programme cost vs ₹16.03 L for PGDM), even though the PGPM hostel cost is lower (single AC room at ₹3.96 L vs twin sharing at ₹6.32 L for two years). All fees below are official figures from the 2026-28 and 2026-27 admissions brochures.
The PGDM programme's fee for the 2026-28 batch is structured as follows:
| Component | Amount | Coverage |
|---|---|---|
| Tuition and Academic Fee | ₹10,25,000 | Academic instruction, faculty, case study materials (including HBS case collection), textbooks, and online resources |
| Program Fee | ₹5,78,000 | Programme administration, lab access, student activities, and institutional resources |
| Programme Total | ₹16,03,000 | — |
| Accommodation Charge (Twin Sharing AC) | ₹6,32,000 | Full two-year residential stay |
| Caution Deposit (refundable) | ₹10,000 | — |
| Alumni Subscription | ₹5,000 | — |
| Grand Total | ₹22,50,000 | — |
| International Students | $40,400 | — |
All vegetarian meals are included in the fees. Non-vegetarian food is optional and charged extra.
Important notes from the official brochure:
The PGPM programme's fee for the 2026-27 batch:
| Component | Amount |
|---|---|
| Tuition Fee | ₹12,43,000 |
| Program Fee | ₹6,96,000 |
| Programme Total | ₹19,39,000 |
| Accommodation (Single AC room) | ₹3,96,000 |
| Caution Deposit (refundable) | ₹10,000 |
| Alumni Subscription | ₹5,000 |
| Grand Total | ₹23,50,000 |
| International Students | $41,450 |
PGPM students get single-occupancy rooms; PGDM students are in twin-sharing. The PGPM hostel accommodation priority goes by order of acceptance — late acceptors may get twin-sharing with a partial refund.
The higher PGPM programme fee reflects the more intensive curriculum design (7 terms in 1 year vs 6 terms in 2 years), the higher industry engagement in the programme (1,000+ years of collective work experience in class), the specialisation-specific labs and clinics, and the smaller, more exclusive cohort.
The lower accommodation cost (single room, 1 year) partially offsets the higher programme fee, resulting in a ₹1 L higher total for PGPM. For ROI purposes: at ₹17.80 LPA average post-PGPM salary, the payback on total investment of ₹23.5 L is approximately 16 months — still strong for a 1-year programme.
GLIM Chennai is priced at the upper end of its peer group:
| Institution | Total Fee (All-in) |
|---|---|
| Great Lakes Chennai PGDM | ₹22.5 L |
| Great Lakes Chennai PGPM | ₹23.5 L |
| IMT Ghaziabad | ₹20–22 L |
| TAPMI Manipal | ₹18–20 L |
| FORE School of Management | ₹17–19 L |
| Great Lakes Gurgaon | Similar to Chennai for PGDM |
At ₹22.5 L (PGDM) and ₹23.5 L (PGPM), GLIM Chennai commands a premium over most tier-2 B-schools — justified by the Double Crown accreditation (AACSB + AMBA), LEED Platinum campus quality, and the strength of the BFSI and consulting recruiter network.
40 scholarships per year, each worth ₹5 L off tuition — bringing effective PGDM tuition down from ₹16.03 L to ₹11.03 L for recipients. A minimum of 30% of awardees must be women. No separate application — assessed through the standard admissions process alongside all other applicants.
Candidates with CAT 95%+ or GMAT 700+ should specifically ask about scholarship eligibility during the interview stage and mention it in their application essays.
Named after the late founder Dr. Bala V. Balachandran, this scholarship covers full PGPM tuition plus CXO-level mentorship throughout the programme. Awarded to 2–4 exceptional students per year based on the complete admissions file.
If you are in the top 2–3% of applicants by any metric — academic record, entrance score, professional achievement, or leadership — target this scholarship explicitly in your application narrative.
GLIM Chennai has active relationships with SBI, HDFC Credila, and Axis Bank for MBA education loans.
| Programme | Loan Quantum | Moratorium Period | Interest Rates |
|---|---|---|---|
| PGDM | ₹15–20 L | 2-year programme plus 6 months | 9.5–12% depending on lender and borrower profile |
| PGPM | ₹15–20 L | Shorter moratorium | — |
HDFC Credila typically processes GLIM Chennai applications within 2–3 weeks. Students with family property as collateral can negotiate 0.5–1% lower rates.
Section 80E of the Income Tax Act provides full interest deduction for 8 years — meaningful tax saving for borrowers in the 30% bracket.
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