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Lal Bahadur Shastri Institute of Management: Courses, Fees, Refund Policy

Private University|Estd. 1995|NIRF #101 (Management) 2024

• Updated on 3 Oct, 2025 by Priya Soni

What's new?

3 Nov, 2025 : LBSIM Delhi has opened applications for its PGDM program; the last date to submit the application form is December 15, 2025.
30 Aug, 2025 :  LBSIM has opened applications for its PGDM programs for the 2026-28 academic session. Interested candidates can register on the official website.

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Lal Bahadur Shastri Institute of Management is a well-known management institute in Delhi. For the 2026–28 batch, the institute has structured fees and programs catering to both full-time learners and working executives. The flagship two-year Post Graduate Diploma in Management (PGDM) costs INR 17.25 Lakhs for General Category seats and INR 22.90 Lakhs for Corporate Sponsored seats. Whereas, the Fellow Programme in Management (FPM) is offered with total fees ranging from INR 2 Lakhs for Full-time Scholars to INR 4.4 Lakhs for Executive Working Scholars.

 

Table of Contents

  1. LBSIM Postgraduate Courses & Fees
  2. LBSIM Doctoral Courses & Fees
  3. LBSIM Withdrawal and Refund Policy
  4. LBSIM Courses & Fees FAQs

 

LBSIM Postgraduate Courses & Fees

LBSIM offers five AICTE-approved PGDM programs, each spanning two years and requiring a bachelor’s degree (minimum three years) with at least 50% marks and a valid validCAT,XAT, orGMAT score

Program

Duration

Eligibility

Total Fees (General Seat)

Total Fees (Corporate Seat)

PGDM (General)

2 Years

Bachelor’s Degree with + 50% marks + CAT/XAT/GMAT

INR 17.25 Lakhs

INR 22.90 Lakhs

PGDM (Financial Management)

2 Years

Bachelor’s Degree with + 50% marks + CAT/XAT/GMAT

INR 17.25 Lakhs

INR 22.90 Lakhs

PGDM (Research & Business Analytics)

2 Years

Bachelor’s Degree with + 50% marks + CAT/XAT/GMAT

INR 17.25 Lakhs

INR 22.90 Lakhs

PGDM (Artificial Intelligence & Data Science)

2 Years

Bachelor’s Degree with + 50% marks + CAT/XAT/GMAT

INR 17.25 Lakhs

INR 22.90 Lakhs

Additional Charges:

  • Experiential Immersion Program (Mandatory): INR 25,000
  • Security (Refundable): INR 10,000
  • Examination Fee: INR 15,000
  • Management Grid Fee: INR 50,000
  • Alumni Fee (Lifetime Membership): INR 15,000

 

LBSIM Doctoral Courses & Fees

At the doctoral level, LBSIM offers the Fellow Programme in Management (FPM), ideal for candidates pursuing careers in research and academia. A master’s degree in Management, Commerce, Social Sciences or Humanities is required for admission along with a valid CAT, GMAT, UGC-NET score.

Program

Duration

Eligibility

Total Fee

Fellow Programme in Management (FPM) – Full-time Scholar

4 Years

Master’s Degree in Management/Commerce/Social Sciences/Humanities + CAT/GMAT/UGC-NET

INR 2,00,000

Fellow Programme in Management (FPM) – Executive Working Scholar (Weekend Classes)

4 Years

Master’s Degree in Management/Commerce/Social Sciences/Humanities + CAT/GMAT/UGC-NET

INR 4,40,000

Fellow Programme in Management (FPM) – Executive Working Scholar (LBSIM Alumnus, Weekend Classes)

4 Years

Master’s Degree in Management/Commerce/Social Sciences/Humanities + CAT/GMAT/UGC-NET

INR 3,40,000

Other Charges: Alumni Fee (Lifetime Membership): INR 15,000.

 

LBSIM Withdrawal and Refund Policy

  • LBSIM follows AICTE regulations for withdrawal and refund of fees.
  • All disputes are subject to the jurisdiction of courts in Delhi.

 

LBSIM Courses & Fees FAQs

What are the flagship programs offered at Lal Bahadur Shastri Institute of Management for postgraduate students?

The flagship programs at Lal Bahadur Shastri Institute of Management are its two-year PGDM courses, including specializations in General, Financial Management, Research & Business Analytics, and Artificial Intelligence & Data Science.

How much does the PGDM program at Lal Bahadur Shastri Institute of Management cost for the General Category?

For the 2026–28 batch, the total fee for PGDM at Lal Bahadur Shastri Institute of Management is INR 17.25 Lakhs for General Category seats.

Does Lal Bahadur Shastri Institute of Management charge additional fees apart from tuition for PGDM students?

Yes, Lal Bahadur Shastri Institute of Management has additional charges such as INR 25,000 for the Experiential Immersion Program, INR 15,000 for examinations, INR 50,000 for the Management Grid, INR 10,000 as refundable security, and INR 15,000 as alumni lifetime membership fee.

What is the fee structure for the Fellow Programme in Management (FPM) at Lal Bahadur Shastri Institute of Management?

The FPM fee at Lal Bahadur Shastri Institute of Management ranges from INR 2 Lakhs for full-time scholars to INR 4.4 Lakhs for executive working scholars, with a discounted fee of INR 3.4 Lakhs for LBSIM alumni.

What is the refund policy at Lal Bahadur Shastri Institute of Management for withdrawn admissions?

Lal Bahadur Shastri Institute of Management follows AICTE regulations for withdrawal and refund of fees, and all disputes fall under the jurisdiction of Delhi courts.

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LBSIM Courses & Fees 2025

CoursesTotal FeesEligibility
(4 courses)
₹ 17.3 LGrad ≥50%; CAT 2025, XAT 2026, GMAT (01/2022–01/2026)

All Programs at LBSIM

4 courses|
Full Time
|2 Years
Median Salary
₹ 12.3 L
Total Fees
₹ 17.3 L

All Courses at LBSIM

Median Salary
₹ 12.0 L
Total Fees
₹ 17.3 L
60 Seats|
Full Time
|2 Years
Median Salary
₹ 12.3 L
Total Fees
₹ 17.3 L
Median Salary
₹ 12.2 L
Total Fees
₹ 17.3 L
Total Fees
₹ 17.3 L