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Indian Institute of Management Mumbai- Fees

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institute of national importance

Indian Institute of Management Mumbai, formerly known as NITIE, is a premier institution located in Mumbai. Established with a rich legacy in 1963 and converted to an IIM in 2023, it is an Institute of National Importance. Ranked 6th in NIRF 2024 for Management, IIM Mumbai is recognized for its academic strength in management, particularly in operations and supply chain, and its strong placement record.

location

Mumbai, Maharashtra

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More about IIM Mumbai Fees

Indian Institute of Management Mumbai stands as a leading management institution in India, recently elevated to the prestigious IIM fraternity in August 2023. Carrying forward the distinguished legacy of the National Institute of Industrial Engineering (NITIE), which was established in 1963, IIM Mumbai is now an Institute of National Importance situated in the financial hub of Mumbai. The institute has quickly made its mark, securing the 6th position in the NIRF Management rankings for 2024. The campus, often referred to as "God's Own Campus" due to its lush green surroundings near Vihar Lake, spans 67 acres, providing a conducive environment for learning and growth. IIM Mumbai offers a range of postgraduate and doctoral programs, including the flagship MBA, MBA in Operations and Supply Chain Management, and MBA in Sustainability Management, alongside PhD and Executive programs. Admission to these programs is primarily based on competitive entrance exams such as CAT, GMAT, and GRE. With a dedicated faculty of around 60 academicians and a total enrolled student body of approximately 1200, the institute fosters a vibrant academic ecosystem. IIM Mumbai is well-regarded for its strong industry connections, facilitating valuable interactions and robust placement opportunities. For the 2024 placement season, the institute achieved a 100% placement rate, with the highest salary reaching ₹54 LPA and the average salary standing at ₹31 LPA. The institute also promotes global exposure through student exchange programs and collaborations with renowned international universities, further enriching the student experience.

Fees at IIM Mumbai

Explore the comprehensive array of campus facilities available at Indian Institute of Management Mumbai, designed to support every aspect of student life and academic success.

Post Graduate Program for Executives for Visionary Leadership for Manufacturing

Tuition Fee

SpecializationFee
Visionary Leadership for Manufacturing1500000

Tuition Fee Notes:

The total tuition fee of ₹15,00,000 is for the one-year program and is payable in modules across IIM Mumbai and IIT Delhi. [5]

The program fee for the 18th Batch (Academic Year 2024-25) is subject to change; final fee details will be shared at the time of admission. [4]

Payment Due Period: 12 Months

Mess Fee

TypeDetails
General-
Vegetarian-
Meal Plan-
Mess FacilityYes
Available Food Options-

Accommodation Fee

TypeDetails
Minimum Amount75000
Girls Only StayNo
Accommodation FacilityYes

Accommodation - Single Occupancy With Attached Bathroom

TypeDetails
Amount75000
Amenities
  • bed
  • study table
  • attached bathroom
Maintenance Fee-
Security Deposit-
Electricity Charges-
One-time Fee Components-

Accommodation Fee Payment Schedule:

Payment Due Period: 12

Pwd Fee Relaxation

PWD Fee Relaxation

Tuition Fee %: -

Benefit Tuition: -

Benefit Incidental: -

Academic Support For Pwd:

Support: NA

Supported Disabilities:

Disability: NA

Day Schooling Option:

Available: No

Conditions:

Additional Requirements:

Caution Deposit

AttributeValue
Amount50000
MandatoryYes
One-time PaymentYes

Caution Deposit Notes:

Payment Due Period:

Note: This is a refundable caution deposit. [5]

Regitration Fee

AttributeValue
Amount
MandatoryNo
One-time PaymentNo

Regitration Fee Notes:

Payment Due Period:

Note: Application fee (e.g., ₹2500 for General, ₹8500 for NRI) is separate and paid before admission; no specific registration fee found as part of post-admission fee structure. [2]

Alumni Association Fee

AttributeValue
Amount7000
MandatoryYes
One-time PaymentYes

Alumni Association Fee Notes:

Payment Due Period:

General Management Programme for Defence Officers

Tuition Fee

Tuition Fee Notes:

Explicit tuition fee for the General Management Programme for Defence Officers (DGMP/GMP) at IIM Mumbai is not publicly disclosed.

The program is a 'six-month' or '24-week' certificate program, described as a 'combined initiative by Directorate General Resettlement, Ministry of Defence and IIM Mumbai'.

Fees for such programs are often handled directly through DGR sponsorship or related government arrangements, rather than as a direct fee payable by individual officers to the institute, and are therefore not published by the institute.

Mess Fee

TypeDetails
General54000
Vegetarian-
Meal Plan
  • breakfast
  • lunch
  • dinner
Mess FacilityYes
Available Food Options
  • vegetarian
  • non vegetarian
  • general

Mess Fee Payment Schedule:

Payment Due Period: 10Months

Accommodation Fee

TypeDetails
Minimum Amount75000
Girls Only StayNo
Accommodation FacilityYes

Accommodation - Shared Non Ac

TypeDetails
Amount75000
Amenities
  • bed
  • study table
  • wardrobe
Maintenance Fee-
Security Deposit-
Electricity Charges-
One-time Fee Components-

Accommodation Fee Payment Schedule:

Payment Due Period: 12

Pwd Fee Relaxation

PWD Fee Relaxation

Tuition Fee %: -

Benefit Tuition: -

Benefit Incidental: -

Academic Support For Pwd:

Support: NA

Supported Disabilities:

Disability: Physical disabilities

Day Schooling Option:

Available: No

Conditions:

Additional Requirements:

Application Fee

AttributeValue
Amount2000
MandatoryYes
One-time PaymentYes

Application Fee Notes:

Payment Due Period:

Note: Application fee for General/OBC-NCL candidates. For SC/ST/EWS/PwD candidates, it is ₹1,000.

Caution Deposit

AttributeValue
Amount50000
MandatoryYes
One-time PaymentYes

Caution Deposit Notes:

Payment Due Period:

Note: Refundable upon graduation or adjusted against outstanding dues.

Alumni Association Fee

AttributeValue
Amount7000
MandatoryYes
One-time PaymentYes

Alumni Association Fee Notes:

Payment Due Period:

MBA in Operations and Supply Chain Management

Tuition Fee

SpecializationFee
Operations and Supply Chain Management700000

Tuition Fee Notes:

The total tuition fee for the two-year MBA program is ₹14,00,000. [5, 7, 9, 15, 20, 21]

The total gross fee for the two-year program is ₹21,00,000. [2, 3, 5, 7, 10, 16, 19, 20, 21, 29, 30]

Fees are payable in installments throughout the program. [5]

Payment Due Period: 12 Months

Mess Fee

TypeDetails
General4000
Vegetarian-
Meal Plan-
Mess FacilityYes
Available Food Options-

Mess Fee Payment Schedule:

Payment Due Period: 1Months

Accommodation Fee

TypeDetails
Minimum Amount75000
Girls Only StayNo
Accommodation FacilityYes

Accommodation - Single Occupancy

TypeDetails
Amount75000
Amenities
  • well furnished room
  • attached bathroom
  • high speed internet
  • daily housekeeping
  • security
  • gym access
  • sports courts access
Maintenance FeeIncluded in amount
Security Deposit-
Electricity ChargesIncluded in amount
One-time Fee Components-

Accommodation Fee Payment Schedule:

Payment Due Period: 12

Pwd Fee Relaxation

PWD Fee Relaxation

Tuition Fee %: -

Benefit Tuition: -

Benefit Incidental: -

Academic Support For Pwd:

Support: Additional 20 minutes per test hour for CAT exam

Supported Disabilities:

Disability: Visual impairment

Disability: Locomotor disability

Disability: Hearing impairment

Disability: Speech and language disability

Disability: Intellectual disability

Disability: Specific learning disabilities

Disability: Mental illness

Disability: Multiple disabilities

Disability: Acid attack victim

Disability: Parkinson's disease

Disability: Dwarfism

Disability: Muscular Dystrophy

Disability: Chronic Neurological Conditions

Disability: Sickle Cell Disease

Disability: Thalassemia

Disability: Hemophilia

Day Schooling Option:

Available: No

Conditions:

Additional Requirements:

Application Fee

AttributeValue
Amount2000
MandatoryYes
One-time PaymentYes

Application Fee Notes:

Payment Due Period:

Note: Application fee for General/OBC-Non Creamy Candidates is ₹2,000. [7, 12, 10, 24, 25, 26, 30, 34]

Note: Application fee for SC/ST/EWS/PwD Candidates is ₹1,000. [7, 12, 10, 24, 25, 26, 30, 34]

Caution Deposit

AttributeValue
Amount50000
MandatoryYes
One-time PaymentYes

Caution Deposit Notes:

Payment Due Period:

Note: This deposit is refundable to the student upon graduating or adjusted against outstanding dues. [7, 12, 19, 21]

Alumni Association Fee

AttributeValue
Amount7000
MandatoryYes
One-time PaymentYes

Alumni Association Fee Notes:

Payment Due Period:

Note: One-time payment for life membership of the association. [19]

Master of Business Administration

Tuition Fee

SpecializationFee
GENERAL1400000

Tuition Fee Notes:

The gross fee applicable per student for two years programmes is ₹21,00,000, which includes tuition fee and caution money deposit. The remaining amount covers infrastructure usage, IT facilities, library, and activity charges.

Payment Due Period: 24 Months

Mess Fee

TypeDetails
General4000
Vegetarian-
Meal Plan-
Mess FacilityYes
Available Food Options-

Mess Fee Payment Schedule:

Payment Due Period: 1Months

Accommodation Fee

TypeDetails
Minimum Amount24000
Girls Only StayNo
Accommodation FacilityYes

Accommodation - Double Occupancy Non Ac

TypeDetails
Amount24000
Amenities
  • bed
  • study table
  • cupboard
  • internet access
  • daily housekeeping
  • security
  • gym
  • sports courts
Maintenance Fee-
Security Deposit-
Electricity Charges-
One-time Fee Components-

Accommodation - Single Occupancy Non Ac

TypeDetails
Amount60000
Amenities
  • bed
  • study table
  • cupboard
  • internet access
  • daily housekeeping
  • security
  • gym
  • sports courts
Maintenance Fee-
Security Deposit-
Electricity Charges-
One-time Fee Components-

Accommodation Fee Payment Schedule:

Payment Due Period: 12

Pwd Fee Relaxation

PWD Fee Relaxation

Tuition Fee %: -

Benefit Tuition: -

Benefit Incidental: -

Academic Support For Pwd:

Support: NA

Supported Disabilities:

Disability: Persons with Benchmark Disabilities (PwD)

Day Schooling Option:

Available: No

Conditions:

Additional Requirements:

Application Fee

AttributeValue
Amount[object Object]
MandatoryYes
One-time PaymentYes

Application Fee Notes:

Payment Due Period:

Note: This fee is for the application process for admission and is non-refundable.

Caution Deposit

AttributeValue
Amount50000
MandatoryYes
One-time PaymentYes

Caution Deposit Notes:

Payment Due Period:

Note: The caution money deposit is refundable upon graduating from the Institute or adjusted against outstanding dues.

Regitration Fee

AttributeValue
Amount
MandatoryNo
One-time PaymentNo

Regitration Fee Notes:

Payment Due Period:

Note: No specific post-admission registration fee with a separate amount was found. It is likely bundled within the overall academic charges.

MBA in Sustainability Management

Tuition Fee

SpecializationFee
Sustainability Management1400000

Tuition Fee Notes:

Payment Due Period: 24 Months

Mess Fee

TypeDetails
General-
Vegetarian-
Meal Plan-
Mess FacilityYes
Available Food Options-

Accommodation Fee

TypeDetails
Minimum Amount24000
Girls Only StayYes
Accommodation FacilityYes

Accommodation - Hostel Stay Yearly

TypeDetails
Amount49500
Amenities-
Maintenance Fee-
Security Deposit-
Electricity Charges-
One-time Fee Components-

Accommodation Fee Payment Schedule:

Payment Due Period: 12

Pwd Fee Relaxation

PWD Fee Relaxation

Tuition Fee %: -

Benefit Tuition: -

Benefit Incidental: -

Academic Support For Pwd:

Support: NA

Supported Disabilities:

Disability: NA

Day Schooling Option:

Available: No

Conditions:

Additional Requirements:

Caution Deposit

AttributeValue
Amount50000
MandatoryYes
One-time PaymentYes

Caution Deposit Notes:

Payment Due Period:

Note: The Caution Money Deposit will be refunded to the student on graduating from the Institute or it will be adjusted against outstanding dues.

Registration Fee

AttributeValue
Amount2000
MandatoryYes
One-time PaymentYes

Registration Fee Notes:

Payment Due Period:

Note: Application fee is ₹2,000 for General candidates and ₹1,000 for SC/ST/PwD candidates.

PhD in Management

Tuition Fee

SpecializationFee
Management24000

Tuition Fee Notes:

Payment Due Period: 12 Months

Mess Fee

TypeDetails
General-
Vegetarian-
Meal Plan-
Mess FacilityNo
Available Food Options-

Accommodation Fee

TypeDetails
Minimum Amount24000
Girls Only StayNo
Accommodation FacilityYes

Accommodation - Single Room

TypeDetails
Amount24000
Amenities
  • attached bathroom
Maintenance Fee-
Security Deposit-
Electricity Charges-
One-time Fee Components-

Accommodation Fee Payment Schedule:

Payment Due Period: 12

Pwd Fee Relaxation

PWD Fee Relaxation

Tuition Fee %: -

Benefit Tuition: -

Benefit Incidental: -

Day Schooling Option:

Available: No

Conditions:

Additional Requirements:

Library Fee

AttributeValue
Amount1000
MandatoryYes
One-time PaymentNo

Library Fee Notes:

Payment Due Period: 12

Admission Fee

AttributeValue
Amount2000
MandatoryYes
One-time PaymentYes

Admission Fee Notes:

Payment Due Period:

Caution Deposit

AttributeValue
Amount5000
MandatoryYes
One-time PaymentYes

Caution Deposit Notes:

Payment Due Period:

Note: Refundable deposit.

Facilities Charges

AttributeValue
Amount6000
MandatoryYes
One-time PaymentNo

Facilities Charges Notes:

Payment Due Period: 12

Iim Alumni Association Membership And Contribution

AttributeValue
Amount3000
MandatoryYes
One-time PaymentYes

Iim Alumni Association Membership And Contribution Notes:

Payment Due Period:

Note: An additional amount of ₹10,000 for Alumni Life Membership is to be paid after the thesis defense.

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