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IIM Mumbai Fees 2027: Course-Wise Fee Structure

Last Updated on 15 Oct 2026

iim mumbai fees

IIM Mumbai fees vary by programme, duration, and payment option. The institute offers undergraduate, MBA, executive, online/blended postgraduate and Regular PhD programmes, each with a different fee structure. 

The four-year BS in Digital Science and Business Management has a total fee of ₹31.20 lakh, while the two-year MBA programme has a gross programme fee of ₹25 lakh. Executive programmes such as MBA-PGPEX, MBA PGDEX-VLFM and MBA in Logistics, Supply Chain and Maritime Management have separate fee structures.

 IIM Mumbai also offers online and blended programmes with annual, module-wise and instalment-based payment options. Candidates can check the course-wise IIM Mumbai fees, payment options and applicable additional charges in the tables below. 

Table Of Contents

IIM Mumbai Fees for UG Course

BS in Digital Science and Business Management is a 4-year undergraduate course offered by IIM Mumbai. Check the year-wise fee details provided below.

Year Amount
1st Year ₹7,95,000/-
2nd Year ₹7,75,000/-
3rd Year ₹7,75,000/-
4th Year ₹7,75,000/-
Total ₹31,20,000/-

Explore about the IIM Mumbai MBA Fees

IIM Mumbai Fees for MBA Programs

IIM Mumbai offers MBA programmes with different specialisations, including MBA, MBA in Sustainability Management (MBA-SM), and MBA in Operations and Supply Chain Management (MBA-OSCM). The programme fees for each of these MBA programmes are listed below.

MBA Fees

Fee Component Details
Gross Programme Fee ₹25.00 lakh 
Caution Money Deposit ₹50,000/-
Caution Money Refund Caution money will be refunded upon successful completion or adjusted against outstanding dues.
Mess Charges To be paid separately
Mess Deposit To be paid separately
Mess Fee Payment One year in advance

MBA SM Fees

Fee Component Details
Total Program Fee ₹25.00 lakh 
Caution Money Deposit ₹50,000
Mess Charges To be paid separately
Mess Deposit To be paid separately
Mess Fee Payment Should be paid one year in advance

MBA OSCM Fees

Fee Component Details
Total Fee ₹25.00 lakh
Caution Money Deposit ₹50,000, payable at admission
Refund of Caution Money Refunded after programme completion or adjusted against the dues
Mess Charges Payable separately
Mess Deposit Payable separately as per Institute norms
Mess Fee Payment Payable one year in advance

Check IIM MBA Fees, Fee Structure & Scholarships

IIM Mumbai Fees for Executive MBA

IIM Mumbai offers executive MBA programmes with different fee structures depending on the programme and payment mode. You may pay fees annually, module-wise, or in instalments, while the MBA PGDEX-VLFM programme requires separate payments to IIM Mumbai and IIT Delhi. 

1. MBA-PGPEX Fees

IIM Mumbai MBA-PGPEX fees vary by programme structure and payment schedule. The annual fee is ₹15 lakh, while the module-wise fee is ₹16 lakh, payable in instalments. 

IIM Mumbai MBA-PGPEX Annual Fee Structure

Installment No Instalment Amount (Rupees)
Seat Booking Fee ₹1 Lakh
First Installment ₹7.22 Lakhs
Second Installment ₹6.78 Lakhs
Total Fees ₹15 Lakhs

Module-wise Fee Structure

Installment No Instalment Amount
First Installment ₹3.78 Lakhs
Second Installment ₹3.94 Lakhs
Third Installment ₹3.64 Lakhs
Fourth Installment ₹3.64 Lakhs
Total Fees ₹16 Lakhs

2. MBA PGDEX-VLFM

IIM Mumbai MBA PGDEX-VLFM fees are divided between IIM Mumbai and IIT Delhi based on the modules offered at each institute. The total payable amount includes tuition, hostel, caution money and alumni association charges. 

Fees Component Payable at IIM Mumbai Payable at IIT Delhi
Tuition Fees (Module I, II & IV) ₹6,75,000/- -
Tuition Fees (Module III) - ₹5,25,000/
Tuition Fees (Module V) ₹3,00,000/- -
Hostel Charges ₹75,000/- -
Caution Money Deposit (Refundable) ₹50,000/- -
Alumni Association (Membership and Contribution) ₹7,000/ -
Total ₹11,07,000/- ₹5,25,000/-

3. MBA Logistics, Supply Chain and Maritime Management Fees

MBA in Logistics, Supply Chain and Maritime Management fees can be paid in two instalments or in 4 instalments. Check the modes and amount to be paid mentioned below.

Two-Instalment Plan

Instalment No. Instalment Amount 
Booking Amount ₹1 Lakh
First Instalment ₹7.22 Lakhs
Second Instalment ₹6.78 Lakhs
Total Fees ₹15 Lakhs

Module-wise Fee Payment Structure

Instalment No. Instalment Amount 
Booking Amount ₹1 Lakh
First Instalment ₹3.75 Lakhs
Second Instalment ₹3.75 Lakhs
Third Instalment ₹3.75 Lakhs
Fourth Instalment ₹3.75 Lakhs
Total Fees 16 Lakhs

Explore IIM UG Courses, Eligibility Criteria & Admission Details

IIM Mumbai Fees for Regular PhD

The IIM Mumbai Regular PhD fee structure has two payment options based on the scholar’s campus residency. The fee components and applicable amounts for both options are given below.

Fee Payment Option 1

Component  1ST Year Fee 2nd Year Onwards at the Beginning Of Each Year
Admission Fee ₹2000 NA
Tuition Fee ₹24000 ₹24000
Facilities Charges ₹6000 ₹6000
Hostel Charges ₹24000 ₹24000
IIM Alumni Association (Membership And Contribution) ₹3000 -
Library Fee ₹1000 ₹1000
Deposits (Caution Money) ₹5000 NA
Total ₹65000 ₹55000
IIM Alumni Association (Membership And Contribution) - ₹10000

Fee Payment Option 2

Fee Component  1st Year  2nd Year Onwards at the Beginning of Each Year 
Admission Fee ₹2000 NA
Tuition Fee ₹24000 ₹24000
Facilities Charges ₹6000 ₹6000
IIM Alumni Association (Membership And Contribution) ₹3000 -
Library Fee ₹1000 ₹1000
Deposits (Caution Money) ₹5000 NA
Total ₹41000 ₹31000
IIM Alumni Association (Membership And Contribution) - ₹10000

Check Out IIM Mumbai Courses 2027

IIM Mumbai Fees for Online MBA

IIM Mumbai offers a two-year Blended Post Graduate Program in Management in online mode. You can pay the fee annually or module-wise. Check the fee structure below.

1. Annual Fee Structure

Students must pay 1 Lakh to book a seat for admission before the fee payment closing date. 

Instalment Online MBA Fee
First Instalment ₹7.22 Lakhs
Second Instalment ₹6.78 Lakhs
Total fees ₹15 lakhs

2. Module-wise Fee Structure

To book a seat, candidates must pay ₹ 1 lakh before the deadline. Check the fee structure below.

Instalment Online MBA Fee 
First Installment ₹3.78 Lakhs
Second Instalment ₹3.94 Lakhs
Third Instalment ₹3.64 Lakhs
Fourth Instalment ₹3.64 Lakhs
Total Fees ₹16 lakhs

3. Executive Post Graduate Diploma in Sustainability Management 

The Executive Post Graduate Diploma in Sustainability Management offers two fee payment options. Candidates can either pay the programme fee in a single instalment or choose a two-instalment payment structure. 

First Payment Option

Instalment No. Instalment Amount
Seat Booking Fees ₹1 Lakh
Only 1 installment ₹6.5 Lakhs
Total Fees ₹7.5 Lakhs

Second Payment Option

Instalment No. Instalment Amount
First Instalment ₹3.5 Lakhs
Second Instalment ₹3.5 Lakhs
Total Fees ₹7.5 Lakhs

4. One-Year Blended Postgraduate in Financial Economics and Management

The One-Year Blended Postgraduate in Financial Economics and Management offers two fee payment options. Candidates must pay a booking amount, followed by the remaining programme fee as specified by the institute. 

One-time Payment Option

Details Instalment Amount
Booking Amount ₹1.00 Lakh
Remaining amount ₹6.5 Lakhs

Second Payment Option

Details Instalment Amount
Booking Amount ₹1.00 Lakh
1st Installment ₹3.5 Lakhs
2nd Installment ₹3.5 Lakhs
Total ₹8.00 Lakhs

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FAQs on IIM Mumbai Fees

IIM Mumbai fees vary by programme. The MBA programme has a gross fee of ₹25 lakh, while the BS programme costs ₹31.20 lakh for four years.

The IIM Mumbai MBA fee is ₹25 lakh for the two-year programme, excluding caution money, mess charges and mess deposit. Other two-year programmes may have different fee structures.

IIM Mumbai executive programme fees vary by course. For example, MBA-PGPEX has a fee of ₹15 lakh under the annual payment option and ₹16 lakh under the module-wise payment option.

IIM Mumbai can be worth considering based on the programme, career goals, fees and placement outcomes. The MBA, executive and postgraduate programmes have different fee structures, so candidates should compare the total cost with the expected career outcomes before deciding.

The two-year blended online MBA fee is ₹15 lakh under the annual payment option and ₹16 lakh under the module-wise payment option.

IIM Mumbai offers undergraduate BS and MBA programmes, executive MBA programmes, online/blended postgraduate programmes, and a Regular PhD programme. The fees and admission requirements vary by course.
Virendra Soni

Virendra Soni

Virendra heads SEO & Content at LPT. A writer at heart, he focuses on building exam-focused content that informs, guides, and supports aspirants in their preparation journey.