IIM Mumbai Courses & Fees Structure

The IIM Mumbai courses are centred on industrial training and management, as well as its related branches. The PGDIE and PGDIM courses at IIM Mumbai are equivalent to M.Tech and MBA programmes, respectively. The IIM Mumbai fees structure along with the required eligibility criteria for their top courses are given in the table below.

IIM Mumbai Fees, Courses and Eligibility 2023

Indian Institute of Management Mumbai, established in 1963, is a government management institute ranked 12th under the ‘Management’ category by the NIRF 2021. IIM Mumbai fees range from Rs 11.33 lakh to Rs 14.63 lakh, they also offer scholarships through various schemes like UCC Ireland Meritorious Scholarship for India, Dr Manmohan Singh Scholarship, L&T Build India Scholarship, Capital first MBA Scholarship, Pre Matric Scholarship, etc. IIM Mumbai courses include their flagship programs PGDIM and PGDIE along with other programs in business and management. 

These IIM Mumbai courses are updated to match the recent trends of the industry, making students familiar with the corporate world. The institute offers doctoral-level fellow programs as well which are recognised by the Ministry of Education as equivalent to PhD at any Indian university. IIM Mumbai placements have recorded a rate of 100% placement for its batch of 468 students during the 2022 placements. Reputed companies like HUL, PwC, Amazon, P&G and KPMG majorly recruited students from this batch.

• Indian Institute of Management fees for PGDIE is Rs 5.66 lakh per year.
• IIM fees for PGDIM is Rs 7.31 lakh per year.
• IIM Mumbai fees for PGDSM is Rs 7.31 lakh per year.
• Indian Institute of Management fees for PGPEX-VLFM is Rs 12.50 lakh for one year.
• IIM fees for PGD-PM is Rs 6.26 lakh per year.
• IIM Mumbai PGD-ISEM fees is Rs 7.31 lakh per year.
• Indian Institute of Management FPM fees is Rs 92,500 per year.

Indian Institute of Management Mumbai Popular Courses and Fee Details

Candidates can check out the popular IIM Mumbai courses and fee details along with their specializations:

PGDIE (Post Graduate Diploma in Industrial Engineering)

It is a 2-year long course, with an intake of 240 students. IIM fees for PGDIE is Rs 11.33 lakh for 2 years. A valid score in the GATE exam is also required.

PGDIM (Post Graduate Diploma in Industrial Management)

It is a 2-year long course, with an intake of 300 students. IIM Mumbai fees for PGDIM is Rs 14.63 lakh for 2 years. A valid score in the CAT exam is also required.

PGDSM (Post Graduate Diploma in Sustainability Management)

It is a 2-year long course, with an intake of 38 students. Indian Institute of Management fees for PGDSM is Rs 14.63 lakh for 2 years.

PGPEX-VLFM

It is a 1 year-long course. Indian Institute of Management fees for PGPEX-VLFM (Post Graduate Program for Executives for Visionary Leadership for Manufacturing) is Rs 12.50 lakh for 1 year.

PGDPM (Post Graduate Diploma in Project Management)

It is a 2-year long course, with an intake of 60 students. IIM Mumbai fees for PGDPM is Rs 12.53 lakh for 2 years. A valid score in the GATE or GMAT exam is also required.

PGDISEM

It is a 2-year long course. IIM Mumbai PGDISEM (Post Graduate Diploma in Industrial Safety and Environmental Management) fees is Rs 14.63 lakh for 2 years. A valid score in the CAT exam is also required.

FPM (Fellow Program in Management)

It is a 2-year long course. Indian Institute of Management FPM (Fellow Program in Management) fees is Rs 1.85 lakh for 2 years. They offer 9 specializations to choose from.

Indian Institute of Management Mumbai Fee Payment Guidelines

Students can pay IIM Mumbai fees for their chosen courses by following the methods below:

•  IIM Mumbai fees can be paid through Demand Draft in favour of IIM, Mumbai or online to SBI, Vihar Lake Branch, Mumbai-400087.
• Here are the bank details: 
  • Bank Name: State Bank of India 
  • Account Name: IIM Main Account 
  • Current Account No. : 10007680096 
  • IFSC code: SBIN0009055 
  • Branch Name: IIM Vihar Lake 
  • Branch Code: 09055

Indian Institute of Management Mumbai Hostel Fee Structure

IIM Mumbai hostel fee structure is the same for both boys and girls. Students can check out the IIM Mumbai hostel fees given below.

IIM Hostel Fee details