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IIM Mumbai Fees for MBA: Tuition Fees, Hostel Charges

IIM Mumbai fees for MBA can be paid with annual and module-wise instalment options. The fee structure shows a total of INR 15 Lakhs under the annual payment option and INR 16 Lakhs under the module-wise choice, offering clear figures to help candidates with early financial planning before joining.
authorImageAnil Solonki2 Jan, 2026
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IIM Mumbai Fees for MBA 2024-2025 is Set at INR 21 Lakh, Check the Details Here

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 Overview

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:

IIM Mumbai Fees for MBA Overview

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 

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 2026 in Annual Payment Option

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: 

IIM Mumbai MBA fees 2 year programme Annual Payment Option

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 MBA Fees 2026 Module-wise Option

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: 

IIM Mumbai MBA fees 2 year programme Module-wise Option

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 Fees For MBA Comparison with Others

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:

IIM Mumbai MBA Fees Comparison

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

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:

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 Fees For MBA, Hostel Charges

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:

IIM Mumbai MBA fees hostel charges (Indicative)

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 Fees for MBA and Expenses

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

 

IIM Mumbai Fees for MBA FAQs

What are the expected IIM Mumbai fees for the MBA in 2026?

IIM Mumbai fees for MBA in 2026 are projected at around INR 15 Lakhs under the annual payment structure and about INR 16 Lakhs under the module-wise option for the two-year programme.

Do IIM Mumbai MBA fees include hostel charges?

IIM Mumbai MBA fees do not include hostel charges. Accommodation costs are separate and depend on room type and campus arrangements.

Are IIM Mumbai MBA fees CAT accepted for admission?

IIM Mumbai MBA fees CAT accepted refer to candidates who qualify for admission through CAT. Once selected, the published fee schedule applies. CAT serves as the entrance exam, while fees follow institute timelines.

What is the IIM Mumbai MBA fees structure for the 2 year programme?

The IIM Mumbai MBA fees structure for the 2-year programme includes annual and module-wise instalment options after a mandatory seat booking payment of INR 1 Lakh.

How do IIM Mumbai MBA fees India compare with other institutes?

IIM Mumbai MBA fees India remains competitive when compared with other business schools. While some institutes may charge higher or lower totals, IIM Mumbai charges are structured through official installment options.
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