Indian Institute of Management Mumbai : Admission 2026, Cutoffs, Courses, Fees, Placements and Rankings
Mumbai, Maharashtra
Approved By:MHRD
Government
Estd: 2015
Gender: Coed
Overview Indian Institute of Management (IIM), Mumbai Fees
IIM Mumbai's fee structure varies for its specialisations and courses. IIM Mumbai Course fees for a 2-year MBA program are INR 21 lakh, and for a full-time program, obtaining the MBA degree. This amount includes tuition fees, facilities for education, and all students will have access to the facilities available on campus, but it does not include hostel fees, and mess fees are extra.
The Operations and Supply Chain Management MBA (MBA-OSCM) IIM Mumbai fees are also INR 21 lakh, and it is also a two-year full-time course. This course is mainly for students who are willing to work in the fields of logistics, manufacturing and consulting.
IIM Mumbai Fees for MBA in Sustainability Management (MBA-SM) are also centred on sustainability management and business practices. It has the same fee plan as the other MBA courses, standing at INR 21 lakh.
The one-year full-time Executive MBA (EMBA) is designed for mid-career professionals. The Executive MBA (EMBA) IIM Mumbai fee is INR 15 lakh if the fees are paid in advance or INR 16 lakh if paid in instalments.
The Weekend MBA-PGPM is a two-year program for working professionals who want to study while continuing their jobs. The total fee is INR 19 lakh, and applicants need at least two years of work experience.
The PGDEX-VLFM program, focused on leadership in manufacturing, is offered in collaboration with IITs. The IIM Mumbai Fees with Hostel charges are INR 11,07,000, including Tuition fees, Caution Fees, Alumni Association, etc.
IIM Mumbai Placement’s highest salary offered is INR 54,00,000 LPA. The top 10% of the batch secured an average package of INR 47,29,000 LPA, while the top 50% averaged INR 33,84,000 LPA, reflecting strong placement outcomes across the cohort.
IIM Mumbai admissions for the management courses are dependent on the several entrance tests such as CAT/GMAT/GATE/UGC-JRF/GRE etc. Shortlisted candidates are invited for the personal interview.
Indian Institute of Mumbai Fee Highlights
The fees at IIM Mumbai vary depending on the course and specialization they choose. If Candidates are planning to apply, they can find the detailed fee structure listed in the table below.
Courses | Total Fee |
MBA | INR 21,00,000 |
MBA-OSCM | INR 21,00,000 |
MBA-SM | INR 21,00,000 |
MBA-PGDEx-VLFM | INR 11,07,000 |
EMBA | INR 16,00,000 |
Regular PhD | INR 65,000 (One Year) |
Executive PhD | INR 1,85,000 (One Year) |
IIM Mumbai MBA/MBA-OSCM/MBA-SM Fee Structure
Here is the detailed overview about the MBA fees. The MBA fees are the same for both programs MBA in Operations & Supply Chain Management (MBA-OSCM) and MBA in Strategic Management (MBA-SM).
Students who enroll in the MBA/MBA-OSCM/MBA-SM programs at Indian Institute of Management Mumbai IIM Mumbai are required to pay a total fee of INR 21 lakhs. This fee comprises INR 14 lakhs for the actual tuition fee and INR 50,000 caution deposit. The caution deposit is a refundable charge that students will receive upon completion of their program, provided there are no outstanding dues, which will be deducted from the Caution deposit.
IIM Mumbai fees for MBA (International students) are USD 45,000 for the two-year program, for the tuition fee and course material; however, personal and living expenses are not included.
Fee Component | Amount (INR) | Remarks |
Tuition Fee | 14,00,000 | Covers academic instruction for two years |
Caution Money Deposit | 50,000 | Refundable upon graduation or adjusted against dues |
Total Fees (Inclusive) | 21,00,000 | Includes tuition fee and caution deposit |
Mess Charges | Varies | Paid separately by students; amount depends on usage and institute policy |
Mess Deposit | Varies | Paid separately; refundable as per institute norms |
IIM Mumbai EMBA Fee Structure
The total fee for the One-Year Post Graduate Programme for Executives is INR 15.00 lakhs, which does not include applicable government taxes, for students who opt for the fee payment to be paid on an annual basis. If a student has determined to pay module-wise, then the total fee is INR 16.00 lakhs, plus applicable taxes. The fee structure provides students with payment options for their financial planning and convenience.
The fees are inclusive of academic fees and a caution deposit of INR 50,000, which is refundable upon completion of the program, or if applicable, deducted from the outstanding fees (if any). Please note that the academic fees do not include any hostel charges or mess on campus, which must be paid by each student on a separate basis as indicated in applicable fee circulars released by the institute from time to time.
Students must pay an advance of INR 1.00 lakh ahead of the last date prescribed for admission, as the advance is not an additional charge, but a part of the entire programme fee. A schedule for every instalment is shared ahead of time with each enrolled candidate, including the timelines and due dates relating to payment options, ensuring clarity and compliance for every enrolled candidate.
Description | Amount (in Lakhs) | Remarks |
Seat Booking Fee | 1,00,000 | Seat Confirmation Fee |
Option 1 | ||
First Installment | 7,22,000 | Before the Commencement of the Program |
Second Installment | 6,78,000 | After The Second Module |
Option 2 | ||
First Installment | 3,78,0000 | Before the Commencement of the Program |
Second Installment | 3,94,000 | 15 January 2026 |
Third Installment | 3,64,000 | After The Second Module |
Fourth Installment | 3,64,000 | 15 July 2026 |
IIM Mumbai PGDEx-VLFM Fee Structure
The VLFM IIM Mumbai overall fees for the program are divided between IIM Mumbai and IIT Delhi. At IIM Mumbai, candidates need to pay INR 11,07,000, which covers tuition for Modules I, II, IV, and V, along with hostel costs, a refundable caution deposit, and fees for the alumni association. At IIT Delhi, you have to pay INR 5,35,000, which only covers the tuition for Module III.
Fees Nomenclature | Payable at IIM Mumbai | Payable at IIT Delhi |
Tuition Fees (Module I, II & IV) | INR 6,75,000 | - |
Tuition Fees (Module III) | - | INR 5,25,000 |
Tuition Fees (Module V) | INR 3,00,000 | - |
Hostel Charges | INR 75,000 | - |
Caution Money Deposit (Refundable) | INR 50,000 | - |
Alumni Association (Membership and Contribution) | INR 7,000 | - |
Total | INR 11,07,000 | INR 5,35,000 |
IIM Mumbai Regular and Executive PhD Fee Structure
For Regular PhD candidates in the new batch, the overall fee for the one-year programme is INR 65,000, which includes a tuition fee of INR 24,000. Subsequently, Years Two onwards will be charged INR 55,000 per annum, which is again more affordable for students for their research in 2 Years Two to 3 Years.
Executive Ph.D. IIM Mumbai fees are INR 1,85,000 for one year, and for the 2nd year fee is INR 1,50,000 per annum moving forward. This contributes to the differences created with executive PhD candidates and their respective practices and resources.
Fee Component | Regular PhD | Executive PhD |
First Year Fee | 65,000 | 1,85,000 |
Includes Tuition Fee | 24,000 | - |
Fee From 2nd Year Onwards | 55,000 | 1,50,000 |
IIM Mumbai Financial Assistance to PhD Scholars
Indian Institute of Management Mumbai IIM Mumbai for the first and second years of the PhD programme, students receive a monthly stipend of INR 37,000, and it is increased to INR 42,000 per month for their third, fourth, and fifth years of the programme, providing support throughout the majority of the research process.
In addition to the monthly stipend, students may also apply for up to INR 2,00,000, with prior approvals, to present a research paper at an international conference overseas. This funding is designated for scholars to aid them in increasing their global scholarly engagement and exposure to international scholarship. It should also be noted that the monthly scholarship and financial assistance amounts are subject to change at any time and may change yearly according to existing rules and policy established by the Government of India.
Year of Study | Monthly Stipend (INR) | International Conference Grant (INR) |
1st Year | 37,000 | Up to 2,00,000 |
2nd Year | 37,000 | Up to 2,00,000 |
3rd Year | 42,000 | Up to 2,00,000 |
4th Year | 42,000 | Up to 2,00,000 |
5th Year | 42,000 | Up to 2,00,000 |