Mumbai University offers various scholarships to its meritorious students to uplift the economic barriers.The following scholarships are offered to the PG students of the University of Mumbai:

  1. Financial assistance to the students representing backward classes: A provision of INR 10 lakh is marked to render financial assistance to the students belonging to the reserved categories (SC/ ST/ NT/ DT and SBC) studying at various departments of the University.
  2. Financial assistance to the needy students: A provision of Rs 1 crore (Rupees One Crore) as a corpus fund is made since 2004-05 to render financial assistance to needy students belonging to the economically backward class studying at various affiliated colleges/ institutions/ departments of the university.
  3. Book Bank Scheme: Every year the University renders financial assistance to the affiliated colleges to run the Book Bank scheme for the backward class students.
  4. Group Insurance Scheme: In 2001-2002, the University introduced a Group Insurance Scheme in collaboration with National Insurance Company Limited known as YUVA RAKSHA for students from the affiliated colleges/ institutions and University departments.
  5. Government Scholarships: A number of government scholarships are also offered to the student studying at University affiliated colleges/ institutions and department

Mumbai University FAQs

Given below are the FAQs about the scholarship at Mumbai University:

Q:   Does Mumbai University offer scholarships to students?
A:

Meritorious and worthy students can pursue higher education without financial restrictions due to MU scholarships. Students at Mumbai University have access to a range of scholarships. For students to be eligible for Mumbai University scholarships, the university has developed a set of requirements. Scholarships from the University of Mumbai are given out depending on academic achievement. Mumbai University offers scholarships to students from the restricted categories (SC/CT) in addition to academic scholarships. The list of scholarships available along with the requirements are tabulated below:

Scholarship Name

Eligibility

Financial Assistance to the Students Representing Backward Classes

Annual family income is less than INR 1 LPA

Financial Assistance to the Needy Students

Annual family income is less than INR 75,000 LPA

Book Bank Scheme

To the affiliated Colleges to run the Book Bank scheme for the Backward Class students

Government Scholarships

Scholarships for its meritorious and the students belonging from the SC/ST/DT/NT/SBC categories on the basis of the merits

Q:   Are there any scholarships offered by the University of Mumbai?
A:

University of Mumbai scholarships are as follows:

  • Lotus Foundation Scholarship
  • Syndicate Bank Golden Jubilee Scholarship
  • Dr Alzira Roger Borges Scholarship (to the wards of permanent employees at MU)
  • Late Rao Saheb Vishwanath Narayan Mandlik Prize
  • Late Shri V S Gore Memorial Scholarship
  • Sant Kumar Bajoria Scholarship
Q:   What is the Late Shri Mohan Lal Tannan Scholarship offered to the students of Mumbai University?
A:

The Late Shri Mohan Lal Tannan Scholarship which values INR 1,000 each for two years. It is awarded annually to the two candidates who pass the BCom degree examination at the first attempt and secures the highest and the second the highest number of marks respectively, but not less than 55% of marks on the aggregate among the candidates.

Q:   What is the fees for MCom at Mumbai University?
A:

MU MCom fees ranges between 2 K - 1.6 L. MCom is available in various specialisations. Various components like course fees, application fees, security charge, etc. are included in the total fees.

Reviews (Showing 6 of 19863 reviews)

Overall Rating (Out of 5)

3.9

Based on 15767 Verified Reviews

Distribution of Rating

Component Ratings (Out of 5)
Placements
3.6
Infrastructure
3.9
Faculty & Course Curriculum
4.0
Crowd & Campus Life
4.0
Value for Money
3.9
The Verified badge indicates that the reviewer's details have been verified by Shiksha, and reviewers are bona fide students of this college. These reviews and ratings have been given by students. Shiksha does not endorse the same. Out of 19863 published reviews, 15653 reviews are verified.
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M
Manisha Choudhary | Diploma in Pharmacy (D.Pharma.) - Batch of 2022
Offered by Principal K.M. Kundnani College of Pharmacy
Reviewed on 11 Jul 2026
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Our college is the best.

Placements: Top companies such as Zeno Health Care, MedPlus from Badlapur, Ambernath, and Ulhasnagar area recruited students from our college. They offered roles such as retail pharmacist and logistics management. They offered around 2 LPA to 2.5 LPA as the average package.

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Shravani Mhatre | B.Sc. in Computer Science - Batch of 2027
Offered by Pillai Hoc College of Arts, Science and Commerce
Reviewed on 11 Jul 2026
Verified
4.6
Placements 3 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Best college ever.

Placements: To be honest, I don't know how many students get placed, but I can say that around 5,000 students get placed at good companies, and some are also doing internships. Placements are good enough in my college. There is a board where we can see how many people get placed.

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A
Adarsh Tiwari | B.Sc. in Information Technology - Batch of 2028
Offered by Nirmala Memorial Foundation Degree College of Commerce and Science
Reviewed on 11 Jul 2026
Verified
3.2
Placements 2 Infrastructure 3 Faculty & Course Curriculum 4 Crowd & Campus Life 3 Value for Money 4
Great teachers, average placements, and lower fees than other colleges.

Placements: I think about 40% of students get placements through the college. The average salary package is around 3.5 LPA. Companies like Infosys and other leading tech companies visit the campus for recruitment. Students start internships from the second year itself. The college provides good opportunities for them.

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A
Anika Nath | B.E. in Computer Engineering - Batch of 2025
Offered by Bharati Vidyapeeth College of Engineering - BVCOE
Reviewed on 10 Jul 2026
Verified
4.2
Placements 4 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 4
Faculty has improved over time, and it is a good place to both learn and enjoy.

Placements: 80 percent of students were placed in my Computer branch. The highest package was offered by Juspay, around 24 LPA, and the lowest was 3 LPA by TCS. Top recruiting companies included Juspay, ICICI Lombard, and HSBC. My college did not offer any internships. It directly provided placement opportunities. The top roles offered were Software Engineer and Data Analyst.

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Vaishnavi devrukhar | Bachelor of Commerce (B.Com.) - Batch of 2028
Offered by Vedanta College
Reviewed on 10 Jul 2026
Verified
4.2
Placements 4 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 4
Really good infrastructure and facilities.

Placements: Percentage of students placed is a minimum of 45 percent for the course. The highest package is 8–10 LPA. The lowest package is 5–6 LPA. The average package is 3–4 LPA. Top recruiting companies include Flipkart, Amazon, etc. Students who pass the course are offered top roles such as HR and Sales Manager.

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Rohit Sahani | B.Sc. in Information Technology - Batch of 2026
Offered by Dnyan Prasarak Shikshan Sanstha's Sandesh College of Arts, Commerce, and Science
Reviewed on 10 Jul 2026
Verified
1.6
Placements 1 Infrastructure 2 Faculty & Course Curriculum 2 Crowd & Campus Life 2 Value for Money 1
Very disappointed with this college.

Placements: No students of my course got placed. The package offered by recruiters is very low, which is about 2 LPA or 3 LPA. Most students search for internships through their own contacts. Some promotional companies visit our college to provide training and charge a lot of fees for their training.

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Answered 3 weeks ago

University of Mumbai MBA financial aid schemes mostly focus on full-time management students who are not currently working. Government scholarship rules often exclude employed individuals who are pursuing part-time evening or weekend courses. However, part-time students can check if their corporate

...Read more

R

Rashmi Karan

Contributor-Level 9

Answered a year ago

University of Mumbai (MU) as of yet has not released any information regarding scholarships offering 100% waivers. However, students can check out the following vibrant scholarship schemes:

  1. Financial assistance to students representing backward classes: INR 10 Lacs for SC/ ST/ NT/ DT and SBC students

...Read more

A

Ashwin Yadav

Contributor-Level 10

Answered a year ago

Yes there are various scholarships that are available for the students of BTech Mumbai University, who wants to avail it. It is also important for the students to meet the eligibility for availing that offered scholarship. Some of the offered scholarship schemes are written below:

  • Financial Assistanc

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A

Anushka Bidhi

Contributor-Level 10

Answered a year ago

The students enrolled in all the courses including BBA course at the Mumbai University are offered scholarships as per the government and university norms. Students meeting the eligibility for repective scholarships are granted with the same. There are various types of schemes that are available for

...Read more

A

Anushka Bidhi

Contributor-Level 10

Answered a year ago

The Mumbai University allocate scholarships to the students pursuing courses from the University. The scholarships are extended to the students in need, meritorious students, etc. The aim is to provide education despite of the financial constraints/limitations. The scholarships are provided to the s

...Read more

A

Anushka Bidhi

Contributor-Level 10