
IIM Mumbai fees for MBA include the expected tuition costs for candidates who want to get admission to this emerging Indian Institute of Management for the 2026 entry. The official fee structure published by the institute presents detailed instalment plans, payment modes, and academic charges for the two-year MBA programme. In addition to tuition fees, hostel charges and personal living costs are shared separately to provide students with a clearer view of the total expenses involved in their academic journey of 2 years.
IIM Mumbai fees for MBA cover the tuition fee amounts clearly listed for the full duration of this two-year programme. The institute provides two payment modes to the students. Here, each payment mode starts with a required seat booking amount of INR 1 Lakh payable before the admission deadline. The rest of the IIM Mumbai MBA programme fees are split into installments based on the chosen mode.
Further, here are the key tuition components for the MBA at IIM Mumbai to support students in informed financial planning:
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IIM Mumbai Fees for MBA Overview |
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|---|---|
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Particulars |
Amount (Approximate) |
|
Total MBA Tuition - Annual Option |
INR 15 Lakhs |
|
Total MBA Tuition - Module Wise |
INR 16 Lakhs |
|
Programme Duration |
2 Years |
|
Payment Options |
Annual / Module-wise |
|
Seat Booking Amount |
INR 1 Lakh |
Note: These amounts are based on the official published fee schedule and reflect projected total fees for the 2026 MBA admissions
IIM Mumbai MBA fees structure 2026 is mentioned on the official programme fee page. Candidates can choose to pay either via the annual instalment route or via the module-wise route. Each choice begins with the same booking deposit. These modes help candidates to fit fee payments around their financial planning needs.
IIM Mumbai MBA fees details for the annual payment option show a straightforward division of total tuition. After depositing the seat booking amount, the balance is split into two instalments. Here is the complete IIM Mumbai MBA fees total in annual payment mode:
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IIM Mumbai MBA fees 2 year programme Annual Payment Option |
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|---|---|---|---|
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Sr No |
Instalment No |
Instalment Amount (Rupees) |
Due Date |
|
Seat Booking |
INR 1,00,000 |
Before the admission deadline |
|
|
1 |
First Instalment |
INR 7,22,000 |
Before programme commencement |
|
2 |
Second Instalment |
INR 6,78,000 |
Before the commencement of the second year |
Note: The fee amount here reflects the annual fee structure with a total of INR 15 Lakhs for tuition fee alone.
IIM Mumbai Fee Details for the module-wise payment structure indicate a more evenly distributed tuition plan in the two-year period. After the same booking deposit, four instalments are due before key phases of the programme begin. This option may appeal to aspirants who prefer smaller periodic payments over larger annual instalments. Here are the module-wise fee details for MBA from IIM:
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IIM Mumbai MBA fees 2 year programme Module-wise Option |
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|---|---|---|---|
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Sr No |
Instalment No |
Instalment Amount (Rupees) |
Due Date |
|
Seat Booking |
INR 1,00,000 |
Before the admission deadline |
|
|
1 |
First Instalment |
INR 3,78,000 |
Before programme commencement |
|
2 |
Second Instalment |
INR 3,94,000 |
Before Module-III |
|
3 |
Third Instalment |
INR 3,64,000 |
Before the commencement of second year |
|
4 |
Fourth Instalment |
INR 3,64,000 |
Before Module VII |
Note: This fee structure provides the candidates with details of an expected total tuition fee of INR 16 Lakhs spread over multiple academic phases.
IIM Mumbai MBA fees comparison shows how the tuition fee of IIM Mumbai stands beside other similar business school programmes. From here, interested candidates can compare the fee structure of IIM Mumbai and other management institutions:
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IIM Mumbai MBA Fees Comparison |
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|---|---|---|
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Colleges |
Tuition Fees |
Hostel Fees |
|
IIM Mumbai |
Around INR 15 - 16 L |
Separate |
|
SCIT Pune |
INR 15 L |
INR 4.33 L |
|
SIDTM |
INR 16.1 L |
INR 3.95 L |
|
SJMSOM |
INR 2.69 L |
INR 1.68 L |
Note: It should be noted that actual totals depend on institutional norms and may change each year. The hostel fees shown are separate from core tuition costs.
IIM Mumbai MBA tuition fees form the key academic cost component for the programme, covering classroom instruction, academic resources, and institutional support. The amounts provided here are based on the official programme fee details for the MBA online 2026 cycle:
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IIM Mumbai MBA tuition fees details |
|
|---|---|
|
Component |
Amount (Estimated) |
|
Tuition Fees Total - Annual |
INR 15 Lakhs |
|
Tuition Fees Total - Module Wise |
INR 16 Lakhs |
|
Duration Covered |
2 Years |
Note: It should be noted that these figures do not cover accommodation, food, travel, books, or personal expenses.
IIM Mumbai MBA fees hostel charges are separate from the official tuition fees and are based on indicative annual hostel cost data. Accommodation on IIM Mumbai campus generally involves a yearly hostel charge for MBA students, varying by room type and provision of basic living facilities. Further, students can estimate the following amounts as hostel charges in IIM Mumbai:
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IIM Mumbai MBA fees hostel charges (Indicative) |
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|---|---|
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Particulars |
Indicative Details |
|
Hostel Fees - Annual |
~INR 24,000 |
|
Room Type |
Single occupancy |
|
Bathroom Facility |
Attached |
|
Hostel Availability |
Separate hostels for boys and girls |
|
Basic Facilities |
Wi-Fi, essential furnishings |
Note: These hostel charges are indicative and separate from mess charges, which are billed based on consumption. Further, actual charges may differ in future sessions.
IIM Mumbai MBA cost is more than tuition and accommodation charges. Planning for these additional expenses helps students create a full budget for the two-year journey. Common expense categories include auxiliary educational and living costs that are not included in official tuition figures. Further, the following expenses should be counted by the students while making their budget:
Hostel accommodation and mess fees (if applicable)
Books, learning materials, and stationery
Laptop and software requirements
Local travel and incidental costs
Personal daily expenses