Indian Institute of Management Mumbai- Fees
aicte
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.

Mumbai, Maharashtra

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
Specialization | Fee |
---|---|
Visionary Leadership for Manufacturing | 1500000 |
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
Type | Details |
---|---|
General | - |
Vegetarian | - |
Meal Plan | - |
Mess Facility | Yes |
Available Food Options | - |
Accommodation Fee
Type | Details |
---|---|
Minimum Amount | 75000 |
Girls Only Stay | No |
Accommodation Facility | Yes |
Accommodation - Single Occupancy With Attached Bathroom
Type | Details |
---|---|
Amount | 75000 |
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
Attribute | Value |
---|---|
Amount | 50000 |
Mandatory | Yes |
One-time Payment | Yes |
Caution Deposit Notes:
Payment Due Period:
Note: This is a refundable caution deposit. [5]
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
Attribute | Value |
---|---|
Amount | 7000 |
Mandatory | Yes |
One-time Payment | Yes |
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
Type | Details |
---|---|
General | 54000 |
Vegetarian | - |
Meal Plan |
|
Mess Facility | Yes |
Available Food Options |
|
Mess Fee Payment Schedule:
Payment Due Period: 10Months
Accommodation Fee
Type | Details |
---|---|
Minimum Amount | 75000 |
Girls Only Stay | No |
Accommodation Facility | Yes |
Accommodation - Shared Non Ac
Type | Details |
---|---|
Amount | 75000 |
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: Physical disabilities
Day Schooling Option:
Available: No
Conditions:
Additional Requirements:
Application Fee
Attribute | Value |
---|---|
Amount | 2000 |
Mandatory | Yes |
One-time Payment | Yes |
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
Attribute | Value |
---|---|
Amount | 50000 |
Mandatory | Yes |
One-time Payment | Yes |
Caution Deposit Notes:
Payment Due Period:
Note: Refundable upon graduation or adjusted against outstanding dues.
Alumni Association Fee
Attribute | Value |
---|---|
Amount | 7000 |
Mandatory | Yes |
One-time Payment | Yes |
Alumni Association Fee Notes:
Payment Due Period:
MBA in Operations and Supply Chain Management
Tuition Fee
Specialization | Fee |
---|---|
Operations and Supply Chain Management | 700000 |
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
Type | Details |
---|---|
General | 4000 |
Vegetarian | - |
Meal Plan | - |
Mess Facility | Yes |
Available Food Options | - |
Mess Fee Payment Schedule:
Payment Due Period: 1Months
Accommodation Fee
Type | Details |
---|---|
Minimum Amount | 75000 |
Girls Only Stay | No |
Accommodation Facility | Yes |
Accommodation - Single Occupancy
Type | Details |
---|---|
Amount | 75000 |
Amenities |
|
Maintenance Fee | Included in amount |
Security Deposit | - |
Electricity Charges | Included 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
Attribute | Value |
---|---|
Amount | 2000 |
Mandatory | Yes |
One-time Payment | Yes |
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
Attribute | Value |
---|---|
Amount | 50000 |
Mandatory | Yes |
One-time Payment | Yes |
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
Attribute | Value |
---|---|
Amount | 7000 |
Mandatory | Yes |
One-time Payment | Yes |
Alumni Association Fee Notes:
Payment Due Period:
Note: One-time payment for life membership of the association. [19]
Master of Business Administration
Tuition Fee
Specialization | Fee |
---|---|
GENERAL | 1400000 |
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
Type | Details |
---|---|
General | 4000 |
Vegetarian | - |
Meal Plan | - |
Mess Facility | Yes |
Available Food Options | - |
Mess Fee Payment Schedule:
Payment Due Period: 1Months
Accommodation Fee
Type | Details |
---|---|
Minimum Amount | 24000 |
Girls Only Stay | No |
Accommodation Facility | Yes |
Accommodation - Double Occupancy Non Ac
Type | Details |
---|---|
Amount | 24000 |
Amenities |
|
Maintenance Fee | - |
Security Deposit | - |
Electricity Charges | - |
One-time Fee Components | - |
Accommodation - Single Occupancy Non Ac
Type | Details |
---|---|
Amount | 60000 |
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: Persons with Benchmark Disabilities (PwD)
Day Schooling Option:
Available: No
Conditions:
Additional Requirements:
Application Fee
Attribute | Value |
---|---|
Amount | [object Object] |
Mandatory | Yes |
One-time Payment | Yes |
Application Fee Notes:
Payment Due Period:
Note: This fee is for the application process for admission and is non-refundable.
Caution Deposit
Attribute | Value |
---|---|
Amount | 50000 |
Mandatory | Yes |
One-time Payment | Yes |
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 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
Specialization | Fee |
---|---|
Sustainability Management | 1400000 |
Tuition Fee Notes:
Payment Due Period: 24 Months
Mess Fee
Type | Details |
---|---|
General | - |
Vegetarian | - |
Meal Plan | - |
Mess Facility | Yes |
Available Food Options | - |
Accommodation Fee
Type | Details |
---|---|
Minimum Amount | 24000 |
Girls Only Stay | Yes |
Accommodation Facility | Yes |
Accommodation - Hostel Stay Yearly
Type | Details |
---|---|
Amount | 49500 |
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
Attribute | Value |
---|---|
Amount | 50000 |
Mandatory | Yes |
One-time Payment | Yes |
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
Attribute | Value |
---|---|
Amount | 2000 |
Mandatory | Yes |
One-time Payment | Yes |
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
Specialization | Fee |
---|---|
Management | 24000 |
Tuition Fee Notes:
Payment Due Period: 12 Months
Mess Fee
Type | Details |
---|---|
General | - |
Vegetarian | - |
Meal Plan | - |
Mess Facility | No |
Available Food Options | - |
Accommodation Fee
Type | Details |
---|---|
Minimum Amount | 24000 |
Girls Only Stay | No |
Accommodation Facility | Yes |
Accommodation - Single Room
Type | Details |
---|---|
Amount | 24000 |
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: - |
Day Schooling Option:
Available: No
Conditions:
Additional Requirements:
Library Fee
Attribute | Value |
---|---|
Amount | 1000 |
Mandatory | Yes |
One-time Payment | No |
Library Fee Notes:
Payment Due Period: 12
Admission Fee
Attribute | Value |
---|---|
Amount | 2000 |
Mandatory | Yes |
One-time Payment | Yes |
Admission Fee Notes:
Payment Due Period:
Caution Deposit
Attribute | Value |
---|---|
Amount | 5000 |
Mandatory | Yes |
One-time Payment | Yes |
Caution Deposit Notes:
Payment Due Period:
Note: Refundable deposit.
Facilities Charges
Attribute | Value |
---|---|
Amount | 6000 |
Mandatory | Yes |
One-time Payment | No |
Facilities Charges Notes:
Payment Due Period: 12
Iim Alumni Association Membership And Contribution
Attribute | Value |
---|---|
Amount | 3000 |
Mandatory | Yes |
One-time Payment | Yes |
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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