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PopularThadomal Shahani Centre for Management (TSCFM) offers MBA, PGDM, professional diploma, and certificate programmes with fees ranging from INR 20,000 to INR 8,50,000 in 2026. The flagship Global MBA affiliated with Anglia Ruskin University, UK, costs INR 8.5 lakh, while the regular MBA/PGDM fee is INR 5.5 lakh for two years. TSCFM also provides short-term diploma and certificate courses in BFSI, investment banking, digital marketing, and business administration. Students can benefit from merit-based scholarships, fee waivers, and government scholarship schemes. The institute does not provide hostel facilities at its Mulund East campus.
Mumbai (Maharashtra)
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TSCFM Fees 2026
Thadomal Shahani Centre for Management (TSCFM) fees for 2026 start from Rs. 20,000 for short certificate courses to Rs. 8,50,000 for the 2-year Global MBA programme affiliated with Anglia Ruskin University, Cambridge, UK. The flagship MBA programme costs Rs. 5,50,000 for the entire course.
TSCFM offers postgraduate, diploma, and certificate courses in management, banking, finance, digital marketing, and related fields. The institute does not offer undergraduate degree programmes. TSCFM also does not provide hostel facilities at its Mulund East campus, so students need to arrange their own accommodation.
| Course | Total Fees | Duration |
|---|---|---|
| Global MBA (Anglia Ruskin University, UK) | INR 8,50,000 | 2 Years |
| MBA / PGDM | INR 5,50,000 | 2 Years |
| Professional Diploma (BFSI / Investment Banking) | INR 85,000 – 1,15,000 | 5–11 Months |
| Certificate Courses (Business Admin, Business English) | INR 20,000 | 2–3 Months |
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TSCFM Fee Structure 2026
Thadomal Shahani Centre for Management (TSCFM) course fees depend on the programme type, duration, and international affiliation. The Global MBA has a higher fee because students receive four qualifications in the programme. These include an MBA from Anglia Ruskin University UK, a PG Diploma from EduQual UK, an AICTE-approved PGDM, and a TSCFM PG Diploma in Business Management and Entrepreneurship. The total fee at TSCFM generally includes tuition fees, admission charges, library and lab access, and examination fees.
TSCFM PG Fee Structure
Thadomal Shahani Centre for Management (TSCFM) offers full-time 2-year postgraduate management programmes, which are the Global MBA and the domestic MBA or PGDM programme. The Global MBA is approved by AICTE and affiliated with Anglia Ruskin University, UK, while the MBA programme is recognised by UGC through Medhavi Skill University. Admission to both programmes requires a bachelor’s degree with at least 50% marks along with a valid score in CAT, CMAT, MAT, XAT, ATMA, MAH CET, or GMAT. Shortlisted students also need to attend a Personal Interview.
| Course | Duration | Total Fees | Approval / Affiliation |
|---|---|---|---|
| Global MBA | 2 Years | INR 8,50,000 | AICTE + Anglia Ruskin Univ. (UK) + EduQual (UK) |
| MBA (Marketing / Finance / HR / Operations) | 2 Years | INR 5,50,000 | UGC (Medhavi Skill University) |
| PGDM (Marketing / Finance / HR) | 2 Years | INR 5,50,000 | AICTE + NSDC + EduQual (UK) |
| MBA-IT | 2 Years | INR 5,50,000 | UGC (Medhavi Skill University) |
TSCFM Professional Diploma Fee Structure
Thadomal Shahani Centre for Management (TSCFM) offers three professional diploma courses for students and working professionals who want careers in banking, financial services, insurance, investment banking, and digital marketing. These courses are short-term programmes with durations ranging from 2 months to 11 months. Most diploma courses do not require a postgraduate qualification for admission.
| Course | Duration | Total Fees | Eligibility |
|---|---|---|---|
| Professional Diploma in Banking, Financial Services & Insurance, Relationship Management | 5 Months | INR 85,000 | Graduation from any recognised university |
| Professional Diploma in BFSI (Investment Banking track) | 11 Months | INR 1,15,000 | Graduation from any recognised university |
TSCFM Certificate Course Fees
Thadomal Shahani Centre for Management (TSCFM) offers short certificate courses for students who want to gain industry-specific skills without joining a full diploma or degree programme. Popular courses include Certificate in Business Administration, Certificate in Business English, and Certificate in Banking and Financial Services. Most certificate courses have a duration of 2 to 3 months.
| Course | Duration | Total Fees | Eligibility |
|---|---|---|---|
| Certificate in Business Administration (CBA) | 2–3 Months | INR 20,000 | 10+2 or Graduate |
| Certificate in Business English | 2–3 Months | INR 20,000 | 10+2 or Graduate |
TSCFM Fee Refund Policy
Thadomal Shahani Centre for Management (TSCFM) offers fee refunds only in certain approved situations. Refund requests are considered if a student is unable to continue studies due to medical reasons, disability, death of an immediate family member, relocation to another city or country, or selection for a central or state government job. Students must submit a written refund application to the admissions or accounts department along with valid supporting documents.
| Refund Condition | Refund Applicability |
|---|---|
| Medical grounds / Disability (documented) | Refund considered |
| Death of an immediate family member | Refund considered |
| Relocation outside the city/country | Refund considered |
| Government employment (central / state) | Refund considered |
| Voluntary withdrawal (personal/career change) | Not typically granted — contact the institute |
TSCFM Scholarships and Fee Waivers
Thadomal Shahani Centre for Management (TSCFM) offers merit-based, need-based, and category-based scholarships to help students reduce their education costs. Under the merit scholarship scheme, the top-ranked student receives an 80% fee waiver, the second-ranked student gets a 50% waiver, and the third-ranked student receives a 30% fee waiver. TSCFM also provides support through its CSR initiative, the Shahani Academic and Global Empowerment Foundation, which offers 75 full scholarships every year to underprivileged students from Mumbai and Pune.
| Scholarship Type | Eligibility | Benefit |
|---|---|---|
| Merit Scholarship – Rank 1 | Top-ranked applicant in the admission batch | 80% tuition fee waiver |
| Merit Scholarship – Rank 2 | Second-ranked applicant in the admission batch | 50% tuition fee waiver |
| Merit Scholarship – Rank 3 | Third-ranked applicant in the admission batch | 30% tuition fee waiver |
| SAGE Foundation Scholarship | Underprivileged students from Mumbai/Pune (75 seats annually) | Full scholarship (need-based) |
| Need-Based / Merit-cum-Means | Limited family income; assessed via income documents | Fee concession (amount varies) |
| Sports / Defence / Special Category | Sports achievers, defence wards, single girl child | Fee concession (contact the institute) |
| SC/ST/OBC/EWS/PWD Government Scholarships | As per the national/state scholarship portal, eligibility | As per the government scheme rates |
Top Courses at Thadomal Shahani Centre for Management
| Course Name | Fees | Eligibility |
| M.B.A. (Master of Business Administration) | ₹45,000 - 8,50,000 | Bachelor's degree in any discipline, Minimum aggregate score of 50%, Valid score in CAT, XAT, CMAT, or GMAT |
| B.B.A. (Bachelor of Business Administration) | ₹1,16,666 | |
| B.Com. (Bachelor of Commerce) | ₹1,50,000 | |
| Diploma | ₹65,000 - 1,20,000 | 10+2 education or its equivalent from a recognized board or university |
| Post Graduate Diploma | ₹1,50,000 - 5,50,000 | Bachelor's degree in any discipline, minimum aggregate score of 50% in undergraduate studies, relevant work experience (preferred), academic transcripts, entrance exam scores (if applicable), statement of purpose. |
| M.Com. (Master of Commerce) | ₹1,50,000 | |
| Certificate | ₹20,000 - 30,000 | 10+2 education from a recognized board or equivalent, strong academic background, performance in entrance exams such as Common Entrance Test (CET) or equivalent examination |
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