IIM Mumbai, Mumbai - Fee Structure & Course Fees 2025

The two-year MBA at IIM Mumbai for 2026 admissions totals exactly ₹21 lakhs, inclusive of ₹14 lakhs tuition and ₹50,000 caution deposit refunded post-graduation. This structure supports core curriculum plus electives, with mess and hostel fees billed separately at ₹2.5 lakhs total. Applicants via CAT 2025 must secure at least 50% in bachelor's for eligibility, targeting roles in consulting and operations. Download the official MBA fees PDF for instalment timelines.

• Total investment yields alumni status and 100% placement support, with average packages exceeding ₹28 lakhs.
• Specialisations in Operations and Supply Chain Management or Sustainability Management add value without extra fees.
• International immersion costs, around ₹1-2 lakhs, are optional and self-funded.
• Scholarships cover up to 50% for merit-cum-means candidates from reserved categories.

IIM Mumbai's online MBA fees for 2026 admissions total ₹15 lakhs annually or ₹16 lakhs via modules, ideal for professionals balancing jobs with upskilling. This blended format includes live sessions and campus immersions, requiring a bachelor's with 50% marks. No work experience mandated, broadening access for recent graduates. Explore full IIM Mumbai courses for curriculum previews.

• Seat booking at ₹1 lakh secures spots, deductible from totals.
• Focus on digital tools prepares learners for remote leadership roles.
• Alumni privileges extend to global events and lifelong learning.
• Instalments align with programme phases for cash flow management.

For mid-career switchers, IIM Mumbai's PGPEx fees in 2026 stand at ₹15 lakhs under annual payment or ₹16 lakhs module-wise, excluding mess at ₹1.25 lakhs. Designed for those with four-plus years' experience, it emphasises leadership via case studies and projects. GMAT or CAT scores qualify candidates with a bachelor's degree. Access the IIM Mumbai Admission page for application deadlines.

• Blended delivery suits working executives, with weekend modules minimising career breaks.
• Refundable ₹50,000 caution deposit adjusts against dues upon completion.
• Taxes, if applicable, add 18% GST to totals for compliance.
• Networking with 500-plus alumni boosts post-programme opportunities in finance and marketing.

The PGPFEm Online at IIM Mumbai costs ₹7.5 lakhs for 2026, with ₹1 lakh booking and ₹6.5 lakhs balance due pre-start. Tailored for finance enthusiasts, it partners with NSE for practical insights via virtual labs. Bachelor's holders with quantitative aptitude qualify easily. Hostel inapplicable due to online mode, keeping costs lean.

• The 12-month structure covers fintech and risk, aligning with industry demands.
• Projects with NSE enhance resumes for banking careers.
• Flexible pacing suits full-time workers without relocation.
• Certification boosts credentials for promotions in analytics roles.

Joint with IIT Delhi, IIM Mumbai's PGDEx-VLFM fees reach ₹10,50,000 for 2026, comprising ₹9,75,000 tuition and ₹75,000 hostel. Aimed at logistics pros with 4-10 years' experience, the residential format hones supply chain expertise. Bachelor's required for this one-year intensive.

• Modules I-IV at ₹6.75 lakhs cover core logistics, with ₹3 lakhs for advanced.
• Industry projects link theory to freight management realities.
• 45 seats foster collaborative learning among peers.
• Diploma elevates careers in e-commerce and manufacturing.

IIM Mumbai's regular PhD fees for 2026 total ₹65,000 in the first year, dropping to ₹55,000 annually thereafter, offset by ₹37,000 monthly fellowship. Spanning four years, it suits research aspirants with master's degrees. Areas like analytics drive contributions to policy. 

• Hostel at ₹24,000 yearly supports focused thesis work.
• 55% master's marks qualify most, with relaxations for reserved groups.
• International conference funding aids global exposure.
• Post-PhD roles in academia average ₹15 lakhs starting salary.

Executive PhD candidates pay ₹65,000 first year and ₹55,000 ongoing at IIM Mumbai for 2026, without fellowship but with flexible scheduling. Requiring master's plus two years' experience, it targets industry researchers up to age 45. Specialisations mirror regular, emphasising applied strategy.

• Coursework completes in one year, easing integration with jobs.
• A 65% marks threshold ensures a rigorous peer group.
• Patents and papers strengthen applications for consultants.
• Alumni network opens doors to C-suite advisory positions.

IIM Mumbai's eight-month Executive Certificate for CHROs fees ₹2,50,000 plus 18% GST for 2026, targeting HR leaders via live online sessions. Graduates with two years' experience in people management qualify. It grants alumni status for sustained networking.

• Focus on strategic HR equips for C-suite transitions.
• Blended elements include campus visits for immersion.
• Outcomes include policy influence in diverse sectors.

For 2026 residential programmes like MBA and PGPEx, IIM Mumbai adds ₹24,000 annual hostel fees to base tuition, with a mess at ₹1.25 lakhs yearly. Full-time students benefit from single occupancy rooms equipped for study. These extras ensure a supportive environment without luxury markups. Budget ₹3 lakhs total for two-year stays, per official guidelines.

• Caution deposits refundable post-programme clear dues.
• Online variants exclude lodging, saving ₹75,000+.
• PhD scholars receive subsidised rates via fellowships.
• Executive immersions charge one-time campus fees only.

IIM Mumbai hostel fees for 2026 remain at ₹24,000 per year for most residential full-time programmes, including MBA, PGPEx, and PhD, providing single rooms with basic amenities like Wi-Fi and laundry. This fixed rate applies across years, separate from tuition to allow flexibility for non-residents. For the PGDEx-VLFM, it integrates at ₹75,000 total due to joint IIT Delhi modules. Online and certificate programmes waive these entirely, focusing budgets on academics.

• Residential mandates for MBA and PGPEx ensure peer collaboration during terms.
• PhD hostels prioritise quiet zones for research, with shared kitchens.
• Deposits of ₹5,000-25,000 secure spots, refunded minus damages.
• Mess integration adds nutrition plans, but opt-outs possible for self-caterers.