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IIM Mumbai Courses & Fees Structure

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Updated on Feb 02, 2024 8:44PM IST

IIM Mumbai Fees and Courses

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

CourseFeesEligibility
MBARs 21 lakhCompleted graduation with a minimum of 60% marks
PGPEX-VLFMRs 12.50 lakhCompleted graduation with a minimum of 60% marks
PGDSMRs 14.63 lakhCompleted graduation with a minimum of 60% marks.
FPMRs 1.85 lakhN/A

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.

  • IIM Mumbai MBA fees is Rs 21 lakh.
  • 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:

MBA in Business Administration

IIM Mumbai offers a PG programme of 2 years. IIM Mumbai MBA in Business Administration fees is Rs 21 lakh for 2 years. A valid score in the CAT exam is also required.

MBA in Operations & Supply 

It is a 2-year long course. IIM Mumbai fees for MBA in Operations & Supply is Rs 21 lakh for 2 years. A valid score in the CAT exam is also required.

MBA in Sustainability Management 

The institute offers an MBA programme of 2 years. Indian Institute of Management Mumbai MBA in Sustainability Management fees is Rs 21 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

Hostel FeesRs 60,000
Library FeesRs 5,000
Mess FeesRs 5,000
External ExpensesRs 12,000
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3 Courses are offered by IIM Mumbai

Top Companies:Deloitte ISBM, GlaxoSmithKline Pharmaceuticals (GSK)..Deloitte ISBM, GlaxoSmithKline Pharmaceuticals (GSK), Yes Bank, Maruti Suzuki, Vodafone, Johnson & Johnson, Abbott Healthcare Pvt. Ltd., Nestle, Dabur India Ltd., Asian Paints, Colgate Palmolive India Ltd., Marico Industries Ltd., Amway India, VEDANTA, flipkart, UltraTech Cement, Britannia, TVS MOTORS, Amazon, Google, Nivea+19
Fees (Yearly):1,72,500 - 1,97,500
Exam Accepted:CAT, GATE..CAT, GATE, XAT+1
Number of courses:5
Number of courses:1
  • Fellowship program in Management

Related Questions

P

Priya Haldar, Student / Alumni

-Answered on Sept-18-2023

Dear Tushar Agrawal,

IIM Mumbai is one of the prestigious institution offering MBA. IIM Mumbai MBA fee is Rs 11,00,000- Rs 14,000,00 per annum. The fees may vary depending upon the programme type. The institute has a strong track record of placing its students in top companies across a variety of industries.IIM Mumbai highest package 2023 was at Rs 78.20 LPA, whereas the average package stood at Rs 25.27 LPA. More than 150 companies participated, and 129 offers were made at IIM Mumbai placements 2023. IIM Mumbai top recruiters are Accenture, Apple, Zepto, and Wipro.

B

Baljinder Dhaliwal, Student / Alumni

-Answered on July-07-2023
Dear aspirant Lovely Professional University (LPU) is a premier academic institution with world-class infrastructure and an outstanding placement record. LPU's Mittal School of Business is among the first 10 institutions in India to get ACBSP (USA) accreditation. LPU has got 47th National Institutional Ranking Framework (NIRF) Rankings 2022 among all govt and private universities in India. For admission to MBA at LPU, one should have at least a 55% score in graduation subject to qualifying LPUNEST or CAT or MAT or XAT or NMAT or CMAT. After qualifying for LPUNEST the applicant has to appear for an interview and qualify it. The candidate can get an exemption from LPUNEST if he/she has scored 80 Percentile or above in CAT or MAT or XAT or All India Rank up to 20000 in CMAT or 230 and above score in NMAT. LPU also provides scholarships on the basis of LPUNEST/ CAT/ MAT/ XAT/ NMAT/ CMAT score. LPU puts its best efforts into grooming the students to get good placements. The curriculum incorporates specific courses under the notion of Professional Enhancement Programmes (PEP) in which the students are prepared to crack the placement processes. PEP classes start right away from the first semester itself in form of Communication Skills and continue till the final semester. Exhaustive preparatory sessions are conducted before the placement drives of leading brands and major recruiters so that more students can secure good placement offers at dream packages. In 2022 96% of the MBA students of LPU have been placed with a maximum package of 18 lakh per annum and an average salary of 6.2 LPA. LPU alumni are placed with all these leading firms like Federal Bank, Trident Group, Colgate Palmolive, Phonepe, Marico Ltd., Ernst and Young, Accenture, Flipkart, Wipro, Hindustan Unilever, Godrej Consumer, McKinley & Rice, ITC Limited, Bajaj Allianz, MRF, Naukri, Rallis India, Ceat, Luminous Power Technologies, Voltas Beko, Unominda Group, Zoho, Kelloggs, Apollo Munich Health Insurance, Cavin Care, Moodys Analytics, WNS Global, Ocwen Financial, Redington, Transport Corporation of India, Crescendo Group, Outlook Group, Planet Spark, Hono HR, Lazzaro HR Solutions, Trell, etc. good luck

FAQs about IIM Mumbai Courses

What are NITIE popular courses and fee details?

The NITIE Mumbai popular courses and fee details include : PGDIM with a course fee of INR 14.63 Lakh for 2 years, PGDIE with INR 11.33 Lakh for 2 years and PGPEX-VLFM with INR 12.50 Lakh for 1 year.

What is the eligibility criteria of NITIE courses?

The basic eligibility criteria for NITIE courses are 60% in graduation for all the PGD programs. Some courses require scores from certain entrance exams.

What is the NITIE fee structure?

National Institute of Industrial Engineering fee structure varies from INR 11.33 - 14.63 Lakh. Also they provide scholarships to deserving candidates as well.

What is NITIE Mumbai FPM fees and its offered specializations?

NITIE fees for FPM is INR 1.85 Lakh for 2 years. The specializations they offer are Production, Operations & Decision Sciences, HRM, Operation Management, Economics, Finance Management, Marketing Management, Project Management, Industrial Safety and Technology Management.

What is the requirement to get admission in National Institute of Industrial Engineering PGDIE and PGDIM courses?

NITIE fees for PGDIE and PGDIM courses are INR 11.33 Lakh and INR 14.63 Lakh for 2 years respectively. Selection for admission in this program is based on obtaining a valid score in GATE exam for PGDIE and CAT exam for PGDIM.

What is NITIE hostel fees?

NITIE hostel fees are the same for both boys and girls that is INR 60,000, also a library fee and mess fees of INR 5,000 each is required along with the hostel fees.

What are the facilities offered at National Institute of Industrial Engineering hostels?

National Institute of Industrial Engineering hostels provide well-furnished rooms, internet services, laundry services, recreational facilities, indoor & outdoor games, power backup, common room with TV, daily newspapers & magazines, etc.

What are the NITIE fees payment guidelines?

NITIE Mumbai fees can be paid through Demand Draft in favor of NITIE, Mumbai or online to SBI, Vihar Lake Branch, Mumbai-400087.

Is NITIE scholarships available?

Yes, NITIE Mumbai scholarships are provided to deserving students. They include 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.

What is the most popular course at NITIE , Mumbai ?

Management courses are the most popular courses opted by students at NITIE , Mumbai .
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