2 Videos,

10 Photos

IIM Mumbai Fees 2027

Vihar Lake, Mumbai

4.6 /5

(4 Reviews)

129 Student Q&A

Public/Government Institute
Estd. 1963

Last updated on 9 Oct '26

IIM Mumbai Fees

Table of contents

IIM Mumbai Fee Structure 2026
IIM Mumbai Student Reviews

IIM Mumbai Fee Structure 2026

Students wishing to get into the programmes offered at IIM Mumbai are charged a certain amount as fees. The total tuition fees may vary depending on the course and specialisation chosen by the candidates. IIM Mumbai fee structure is inclusive of multiple components, some of which are caution deposit, exam fee and security deposit, among others. Some of the components mentioned above are charged only once at the time of admission. IIM Mumbai fees ranges between INR 1,50,000 and INR 25,00,000. The total tuition fee of IIM Mumbai flagship MBA programme is INR 25 lakhs. Other than the tuition fee, candidates are also required to pay a caution fee of INR 50,000. Students can check out the following table to check the installments of IIM Mumbai fee:

Particulars	Amount
1^st Year	INR 7,95,000/-
2^nd Year	INR 7,75,000/-
3^rd Year	INR 7,75,000/-
4^th Year	INR 7,75,000/-
Total	INR 31,20,000/-

IIM Mumbai Fee Refund Policy

Candidates who wish to withdraw admission from IIM Mumbai, can get fee refund. The amount of fee refunded depends on the time of admission withdrawal:

Particulars	Admission Withdrawal Time	Refund Amount
Candidate withdrawing admission after the seat booking (admission confirmation) amount – Rs 1.0 Lakhs	Before the commencement of the classes	Paid amount Minus Rupees 1000/-
Candidate withdrawing admission after the seat booking (admission confirmation) amount – Rs 1.0 Lakhs	After the commencement of the classes	Nil
Candidate withdrawing admission after Partial or Full payment of First/Second Instalment (annual payment) or First/Second/Third/fourth installment (module-wise payment) – That is- withdrawing admission any time after the start of classes	After the commencement of the classes	No refund except Caution Money

Course	Total tuition fees
MBA/PGDM (3 Courses)	₹ 25 LGet Fee Details
PG Diploma (1 Courses)	₹ 1.5 LGet Fee Details

The fees is for the entire duration of the respective courses.

Commonly asked questions
On Fees Overview

Q: What is the total fee for MBA at IIM Mumbai?

The total tuition fee of IIM Mumbai varies from one course to another. Other than the course fee, students are required to pay the registration fee which is INR 1,000 for most courses and INR 500 for reserved category. The below table mentions IIM Mumbai fee for top courses:

Courses	Total tuition Fees
MBA/PGDM	INR 8.5 lakh
PG Diploma	INR 1.5 lakh

Note: The above-mentioned fee is taken from an unofficial source. Hence the information may vary.

Q: What are the benefits of doing an MBA from NITIE Mumbai?

IIM Mumbai MBA students are taught Supply Chain Management, Business Strategy with Sustainability, Safety Management, Environmental Management, and Corporate Social Responsibility. MBA students can become Product Managers, Marketing Analysts, Business Operations Managers, or can take up any job role relevant to their field and interest. MBA students are placed in top companies such as Microsoft, Goldman Sachs and Pine Labs, and others.

Q: Is IIM Mumbai a good college?

IIM Mumbai is a good institution when it comes to academics as claimed by its alumni. Faculty at IIM Mumbai are well-qualified and the students of this institute get a chance to work on research projects along with the professors. IIM Mumbai has been ranked 6th under ‘Management’ category by the NIRF in 2025.

Q: What is the application fee of IIM Mumbai?

The application fee for PGDISEM programme offered at IIM Mumbai is INR 1,000 (INR 500 in case of SC/ ST/ PwD candidates) for applicants from India and SAARC countries. For international applicants, the application fee is 50 USD 50 along with the bank charges (as applicable).

IIM Mumbai MBA/PGDM Fees 2026

The fee structure of MBA/PGDM offered by IIM Mumbai may include various components, such as Tuition Fees, Hostel Fees, One-time payable variants, etc. The total tuition fee for MBA/PGDM programme at IIM Mumbai is INR 25,00,000. The mode of payment and timelines are decided by the institution. Moreover, the IIM Mumbai’s fee structure may include some of the refundable fee components that are returned to students after a specific timeline. Below is the breakup of IIM Mumbai MBA/PGDM fee:

Fee components	Amount (for 2 years)
Tuition The fees might include components other than tuition fees.	₹ 25 L
One-time Payment The mentioned fee includes Security Deposit/ Caution Deposit	₹ 50 K
Total fee	₹ 25.5 L

These are estimated fees information. Actual values may differ.

The value for money rating of this course is 4.0/5 (3 Reviews).View placement details

Get Admission Details

IIM Mumbai
MBA/PGDM Fees Comparison

Colleges	Tuition Fees	Hostel Fees
IIM Mumbai	25 L	-/-
SP Jain School of Global Management Compare	19.55 L - 39 L	-/-
SSBF Pune Compare	14.03 L - 59.8 L	4.34 L
BITS School of Management	23.85 L	3 L
Pravin Dalal School of Entrepreneurship and Family Business Management	18 L - 23 L	-/-

The value are of the latest years available with Shiksha.

View comparisons

IIM Mumbai PG Diploma Fees 2026

PG Diploma is a 1 year course offered by IIM Mumbai in the full time mode. Candidates are shortlisted for the same through IIM Mumbai admission process. The course fee for PG Diploma varies with different specialisations of the course. Candidate have to pay INR 1,50,000 as tuition fee, INR 50,000 as one-time fee and INR 75,000 as hostel fee. Learn more about IIM Mumbai PG Diploma fee and its components in the detailed fee breakup mentioned below:

Fee components	Amount (for 1 year)
Tuition	₹ 1.5 L
Hostel The fees might include components other than hostel fees Meal plan is not included in the mentioned fee	₹ 75 K
One-time Payment One-time payment includes Caution Money Deposit (Refundable).	₹ 50 K
Other Fees	₹ 7 K
Total fee	₹ 2.82 L

These are estimated fees information. Actual values may differ.

The value for money rating of this course is 5.0/5 (1 Reviews).View placement details

Get Admission Details

IIM Mumbai
PG Diploma Fees Comparison

Colleges	Tuition Fees	Hostel Fees
IIM Mumbai	1.5 L	75 K
NISM	2.89 L	10.2 K
SPJIMR Delhi	9.5 L	-/-
Luxury Connect Business School	-/-	-/-
GIM Goa Compare	-/-	-/-

The value are of the latest years available with Shiksha.

View comparisons

IIM Mumbai FPM Fees 2026

The total course fee for FPM offered by IIM Mumbai depends upon the specialisation opted by the candidate. The course duration for FPM is 2 years. The total course fee is the combination of various components, such as exam fee, practical session fee, etc. Check out the table below to learn more about IIM Mumbai FPM fees:

Get Admission Details

IIM Mumbai
FPM Fees Comparison

Colleges	Tuition Fees	Hostel Fees
IIM Mumbai	-/-	-/-
Indian School of Business Management & Administration, Ludhiana	41.5 K	-/-
Rajagiri Business School Compare	50 K	-/-
IIM Lucknow Compare	-/-	-/-
IIM Kashipur Compare	-/-	-/-

The value are of the latest years available with Shiksha.

View comparisons

IIM Mumbai Executive MBA Fees 2026

The total tuition fee for MBA at IIM Mumbai is INR 25 lakhs. Candidates who clear all the selection rounds of the IIM Mumbai admission process have to pay the fees through the means mentioned on the official website of the college. Candidates can pay the course fee in installments. The fee structure has various components, which can be refundable or non-refundable. The institute accepts a valid CAT score to shortlist the candidates for the WAT, GD & PI. Students who are selected for final ad

Get Admission Details

IIM Mumbai
Executive MBA/PGDM Fees Comparison

Recommended Colleges

Explore popular similar colleges

Students who showed interest in IIM Mumbai - FPM also showed interest in

IMI Delhi institute image

Delhi

Courses Offered1 course

Total Fees₹4.50 L

Chandragupt Institute of Management institute image

Patna

Courses Offered1 course

Total FeesNA

Chetana's Institute of Management and Research institute image

Mumbai

Courses Offered1 course

Total Fees₹2.65 L

Jagan Institute of Management Studies, Rohini institute image

Delhi

Courses Offered1 course5.0

Total Fees₹4.85 L

Want better recommendations?

There is a 90% more chance of getting best college recommendations by sharing preferences.

+ Add preferences

XLRI Xavier School of Management institute image

Jamshedpur

Courses Offered3 courses

Total Fees₹7.50 L

IIM Kashipur - Indian Institute of Management institute image

Kashipur

Courses Offered1 course

Total FeesNA

Vivekanand Business School (VBS) institute image

Mumbai

Courses Offered1 course

Total FeesNA

Indian Institute of Finance institute image

Greater Noida

Courses Offered1 course

Total Fees₹4.90 L

Indian School of Business Management & Administration, Ludhiana institute image

Ludhiana

Courses Offered1 course

Total Fees₹41.50 K

IMT Hyderabad, Institute of Management Technology institute image

Hyderabad

Courses Offered1 course

Total FeesNA

Confused about which college or exam to opt for? assitentRcpRhsImage

Chat with our counselor
Get your personalised list of colleges & exams matching your preferences

View allCollections

Is this recommendation relevant?

IIM Mumbai
Students Ratings & Reviews

4.6/5

3 Verified Reviews Info Icon

4-5
3

Placements4.7

Infrastructure4.7

Faculty & Course4.3

Campus Life5.0

Value for Money4.3

What students say about Indian Institute of Management Mumbai

Placements

Infrastructure

Faculty

Other

LikesView All

Reputed companies like Google, Amazon, HUL, ITC, Nestle, Mondelez, Marico, JnJ, General Electric, Deloitte, ICICI, Yes Bank, Asian Paints, Castrol, Philips, AbInBev, regularly visit the campus.

Based on 17 Reviews

Anonymous

Master Of Business Administration (MBA) - Batch of 2026

4.6

5.0Placements4.0Infrastructure5.0Faculty5.0Crowd & Campus Life4.0Value for Money

Review of Indian Institute of Management Mumbai.

Placements: It has impressive placements, with timely assistance every time when sorting them out for help. Out of 206 companies, 52 companies specifically came for recruitment from our discipline in 2025. Accenture and Infosys are one of the companies offering the highest packages.

Faculty: I had lot of dignity towards teachers, and teachers usually consider the opinion of students before planning out any important schedules. Students' achievements are repeatedly spoken of by teachers, which is somewhat like showing them the purest form of love. A bunch of students successfully completed their degree with no history of arrears.

Reviewed on 6 Aug 2025Read More

Anonymous

Master Of Business Administration (MBA) - Batch of 2023

4.6

5.0Placements5.0Infrastructure4.0Faculty5.0Crowd & Campus Life4.0Value for Money

One of the best college for the MBA with top class facilities and placements.

Placements: IIM, Mumbai, is one of the best management college of India. Almost 80–90% of the students gets successfully placed in the MBA course at this college. Various top companies visits our college for placements. average package offered at the college was between 8 and 15 LPA. The top recruiters at the college were Amazon, Flipkart, Microsoft, Goldman Sachs, Apple, etc.

Infrastructure: IIM, Mumbai, has best quality infrastructure for all the course. For our course, there was a separate department in which all the facilities were available, including canteen, cafe, Wi-Fi, labs, library, etc. There were all the facilities available in the college for the interactive learnings and development of the students. The hostel's facilities were of great quality. The food in the hostel mess was best in taste.

Faculty: The faculty of the college were highly qualified and knowledgeable at IIM Mumbai. All the professors in our course are experienced in the teaching field. Teachers were teaching us all the concepts in an easy-to-understand manner. They were giving proper training to us. The course curriculum was relevant and helped students gain jobs. Exams at the college were of a moderately difficult level.

Reviewed on 27 Apr 2024Read More

(1)

1 person found this helpful

Gaurav Palit Verified Icon

Post Graduate Program for Executives for Visionary Leadership for Manufacturing (PGPEX-VLFM) - Batch of 2018

4.6

4.0Placements5.0Infrastructure4.0Faculty5.0Crowd & Campus Life5.0Value for Money

It is a fruitful course for executives aiming for mid-management positions.

Placements: Senior consultant, production and logistics manager, sourcing manager, etc., roles are offered. 100% placements are achieved by the last 3 batches. The median salary package offered was 15 LPA. People were placed in organisations like PWC, E&Y, Hero Motocorp, Reliance Retail, among others. TVS sponsorship is done for its executives.

Infrastructure: The college has well-equipped labs like communication and mind to market. Demo based and interactive learning modules are used by the faculty to teach. The training programme at CII gives us an outright learning opportunity. The campus is situated amidst nature and has its own pond. Sanjay Gandhi National Park is near to the college.

Faculty: Classroom learning and per diem assessment are done based on the student's participation in workshops and seminars. Additionally, exams are held at the end of each teaching module. Technical learning module at IIT Delhi brushes the basics of engineering.

Reviewed on 9 Jul 2021Read More

ajay kamble

Master Of Business Administration (MBA) - Batch of 2022

5.0

5.0Placements5.0Infrastructure5.0Faculty5.0Crowd & Campus Life5.0Value for Money

Really good infrastructure, best teachers, mentally as well as physically, get strong.

Placements: So basically, almost 89% of students are placed. There is the highest package of 1 crore and the lowest package of 400k. There are huge companies like Microsoft, Apple, IBM. Almost 58% of students got internships. The best roles offered are in teaching, where they treat us like friends.

Infrastructure: There are so many facilities available like Wi-Fi labs, practical rooms, and a library. Also, there are some physical facilities like a swimming pool, volleyball and tennis courts, badminton and cricket grounds. There are also physical equipment's like dumbbells and weight lifters.

Faculty: The teachers were too helpful and qualified; they are so helpful for new students and weak students. They teach us like we are friends, and when we make mistakes, they guide us properly. When we are unable to learn something, they teach us personally.

Other: I chose this course because my father also got a degree from this faculty, and he was too confident that this college makes perfect in all ways.

Reviewed on 4 Feb 2024Read More

(2)

2 people found this helpful

Confused about which college or exam to opt for?

Chat with our counselor
Get your personalised list of colleges & exams matching your preferences

IIM Mumbai

Student Forum

Anything you would want to ask experts?

Write here...

How are candidates selected for admission in MBA at IIM Mumbai?

Answered a month ago

Candidates wishing to get selected for admission in MBA programme of IIM Mumbai must fulfil the eligibility criteria. Applicants should qualify the cutoff of CAT exam. Selection is done based on various factors such as: CAT score, Class 10 and Class 12 scores, Gender diversity, personal interview an

Raj Priya

Contributor-Level 10

Can I get admission in MBA at IIM Mumbai without CAT?

Answered a month ago

Yes, candidates can get admission to specific executive or online MBA programs at IIM Mumbai without the CAT by using alternative exams like GMAT or GRE, or by clearing the institute's own entrance test. However, the regular, full-time flagship MBA programme strictly requires a valid CAT score.

Raj Priya

Contributor-Level 10

What is placement record of MBA at IIM Mumbai?

Answered 4 months ago

The the highest domestic package offered to the MBA batch 2024-26 during placement drive 2026 was INR 71.4 LPA. Top 50 percentile students received average package of 34.5 LPA.

Earlier, the the highest package offered during the IIM Mumbai placements 2025 was INR 54 LPA as per the media reports. Ther

Manashjyoti Goyal

Contributor-Level 6

Can I get admission to MBA at IIM Mumbai without CAT score?

Answered a year ago

The minimum eligibility criteria required by the IIM Mumbai for admission to MBA courses is candidate must hold a Bachelor's Degree, with at least 50% marks or equivalent CGPA [45% in case of candidates belonging to the Scheduled Caste (SC), Scheduled Tribe (ST) and Persons with Disability (PwD) cat

Nupur Madavi

Contributor-Level 6

How can I avail the scholarship at IIM Mumbai?

Answered a year ago

To apply for the various scholarships offered at IIM Mumbai, students need to visit the official website of the institute. IIM Mumbai provides various government-aided scholarships to PhD scholars. The links for all of the scholarship portals are made available on the site. Applicants can fill out t

Piyush Jain

Contributor-Level 10

Content authored by: