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SupportIIM Mumbai MBA Fees 2027: Tuition, Hostel & Other Charges
Last Updated on 15 Oct 2026
The IIM Mumbai MBA fees is ₹25 lakh. The MBA in Operations and Supply Chain Management (MBA-OSCM) and MBA in Sustainability Management (MBA-SM) also have a total program fee of ₹25 lakh each, while the PGP VLFM program has fees payable separately to IIM Mumbai and IIT Delhi.
IIM Mumbai also provides alumni-supported scholarships and financial assistance to eligible students. For MBA aspirants, the ₹31.4 LPA average CTC in 2026 placements provides a basis for evaluating the program's potential ROI against its fee.
Table Of Contents
IIM Mumbai MBA Fees: Highlights
|
Particulars |
Details |
|---|---|
|
Institute |
IIM Mumbai |
|
MBA Program Fee |
₹25 Lakh |
|
Caution Money |
₹50,000 (Refundable) |
|
Mess Charges |
To be paid separately |
|
MBA-OSCM Fee |
₹25 Lakh |
|
MBA-SM Fee |
₹25 Lakh |
|
Average MBA CTC (2026) |
₹31.4 LPA |
|
Highest MBA CTC (2026) |
₹71.4 LPA |
Check IIM MBA Fees and Compare Top IIMs in India
IIM Mumbai MBA Fee Structure
IIM Mumbai offers its MBA through CAT. Check the fee details below.
|
Fee Component |
Details |
|---|---|
|
Gross Programme Fee |
₹25.00 lakh |
|
Caution Money Deposit |
₹50,000/- |
|
Caution Money Refund |
Refunded upon successful completion or adjusted against outstanding dues |
|
Mess Charges |
Payable separately |
|
Mess Deposit |
Payable separately |
|
Mess Fee Payment |
Payable one year in advance |
Explore MBA Fees in India by College
IIM Mumbai Fees for MBA in Operations and Supply Chain Management
The MBA in Operations and Supply Chain Management (MBA-OSCM) has a total program fee of ₹25 lakh, excluding mess-related charges and the refundable caution deposit.
|
Fee Component |
Details |
|---|---|
|
Total fee |
₹25.00 lakh |
|
Caution Money Deposit |
₹50,000, which should be paid at the time of admission |
|
Refund of Caution Money |
The refundable deposit is returned after successful completion of the program or adjusted against any outstanding dues, as applicable. |
|
Mess Charges |
Should be paid separately by the students. |
|
Mess Deposit |
Payable separately as per Institute norms. |
|
Mess Fee Payment |
Students must pay the mess fees one year in advance. |
Check IIM Mumbai Fees and Course-Wise Costs
IIM Mumbai MBA Fees for Sustainability Management Course
The two-year MBA in Sustainability Management (MBA-SM) has a program fee of ₹25 lakh, with mess charges and the refundable caution deposit payable separately.
|
Fee Component |
Key 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 |
Check the Complete List of IIMs in India
IIM Mumbai MBA Fees for PGP VLFM
The PGP VLFM program is offered jointly by IIM Mumbai and IIT Delhi, with the program fee divided between the two institutes as shown below.
|
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/- |
View the Complete List of IIM Mumbai Courses
Scholarships and Financial Assistance on IIM Mumbai MBA Fee
The IIM Mumbai Alumni Association has awarded scholarships to MBA students through initiatives such as the Rangan Scholarship, Madala Scholarship, Singhal Scholarship and Financial Assistance Scholarship. According to IIM Mumbai's 2024–25 Annual Report, scholarships were awarded to nine first-year students under these schemes.
|
Scholarship/Financial Assistance |
Details |
|---|---|
|
Rangan Scholarship |
Alumni-supported scholarship for eligible students |
|
Madala Scholarship |
Alumni-supported scholarship |
|
Singhal Scholarship |
Alumni-supported scholarship |
|
Financial Assistance Scholarship |
Financial support sponsored by IIM Mumbai alumni |
Find Top MBA Colleges for Your Career
IIM Mumbai MBA Fees vs Placement: ROI
The figures indicate that the average annual CTC of ₹31.4 LPA is higher than the total MBA program fee of ₹25 lakh. Compared with the average CTC, the program fee is about 0.80 times the reported average annual CTC.
|
MBA Placement 2026 |
Details |
|---|---|
|
Highest CTC |
₹71.4 LPA |
|
Average CTC |
₹31.4 LPA |
|
Number of recruiting companies |
208 |
|
Number of students participated |
505 |
Explore More IIMs Across India
| IIM Jammu | IIM lucknow |
| IIM Guwahati | IIM Visakhapatnam |
Key information for MBA Aspirants
| MBA Entrance Exams | MBA in Pharmaceutical Management |
| MBA in HR Management | MBA Eligibility |
FAQs on IIM Mumbai MBA Fees
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.