IIM Mumbai MBA Fees 2024 - Check Fees Structure for Online MBA, On-Campus MBA

Below is the detailed fee structure for the various programs offered by the "IIM Mumbai Online MBA". The fees listed below represents the total cost of the program. The total fees mentioned can be paid Yearly or semester-wise and EMI facilities are easily accessible.

One of the major institutions with a decent history of producing management professionals, IIM Mumbai stands as a churner of well-developed manpower in management to the industry.  By staying well-connected with leading corporate houses, it collaborates with industry professionals to impart practical modules in addition to classroom knowledge. IIM Mumbai has been prolific in providing programs with an industry-oriented structure. 

The academic culture of this institute is driven by the zeal to contribute towards the better development of the nation’s industrial facets. With the advent of the digital era, this institute has its dynamic regarding the integration of technology & digitalization with entrepreneurship that involves practicing managing the relationship between technology and business. The students joining the institute’s programs are mentored in such a way that professionalism is instilled in their personalities. The promotion of sustainability and multicultural networking is one of the biggest takeaways from studying in this institute. Click Here | IIM Mumbai Fees 2024 - Check All Courses Fees Structure!

The student learns the importance of integrating managerial tasks with sustainable demands, along with the exposure to diverse perspectives derived from multiple cultures that help the student understand the layout of cultural differences and find common ground for everyone to flourish. Adaptability and Collaboration enable this institute to be exposed to constant innovations in dynamic business environments. With a transformative approach towards developing these budding business leaders, these students are meant to be change agents who will make a huge difference in the management realm.

The MBA programs that are held at IIM Mumbai are the Master of Business Administration (MBA), MBA for International Students, and Executive MBA. 

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This page lists the fees of the MBA programs provided at IIM Mumbai.

IIM Mumbai Master of Business Administration (MBA) Fees

The MBA (Master of Business Administration) program provided by IIM Mumbai is meant to teach budding management leaders lessons, theories, skills, concepts and practices relevant to multiple functional areas of management along with solving real-time challenges posed by the dynamic business environment. Learning to be equipped with skills such as critical decision-making and leading teams along with the organization, these students are moulded to flourish in their management endeavors. 

The curriculum with foundations in core business areas strikes a balance between theoretical modules derived from academics and practical insights of the industry. Under this program, there are specializations such as Operations and Supply Management and Sustainability Management. The total fees for this MBA programme is INR 21 Lakhs. The aspects covered are Tuition fees, caution deposits, etc. The following is the fee structure of the MBA programme-

Fees Type

Amount (INR)

Gross Fees

21 Lakhs

Tuition Fees

14 Lakhs

Caution Deposit (refundable)

50K

Note: The students themselves are supposed to pay for the mess charges and mess deposits

Then there is another program within the MBA, that is the MBA for International Students. This program is meant for students who are Non-Resident Indians, foreign nationals, Persons of Indian Origin cardholders and dual citizenship card holders under Overseas Citizen of India. The program fee for this program is USD 45K. Separate charges will be incurred for hostel rent. It also has a specialization in Operations & Supply Chain Management.

Comparison of Top Online MBA Courses with Updated Fees

Online MBA courses in the past decade have opened avenues in multiple sectors and verticals in the rising economy. These Online MBA programs are well-curated in such a way that it leads to the overall development of a student into a business leader who can be versatile enough to carry out the execution and strategize for organizations. If more management professionals enter the market, the economy will flourish in the direction of progress through empowering companies across the country with the presence of a plethora of management professionals. 

Top Online MBA Universities In India

Fees (INR)

IIM Ahmedabad Online MBA

20 Lakhs

IIM Ranchi Online MBA

12.5 Lakhs

NMIMS Online MBA

2.2 Lakhs

Jain Online MBA

3.2 Lakhs

Manipal Online  MBA

1.75 Lakhs

IIM Mumbai Executive MBA Fees

The Executive MBA program is a 2-year MBA program that is designed to accustom to the needs of working executives who want to pursue an MBA and upscale their careers towards higher management roles. These budding managers are trained to be business leaders who can respond to ever-changing business environments with their critical decision-making skills and strategizing in every situation to lead the organization. The programme is held online mostly along with a campus immersion. The curriculum consists of modules dealing with management-related areas, technical foundations and business foundations. 

The students get to learn while they continue their jobs and apply learnings at their jobs itself. The students are trained to develop managerial competencies in order to face the challenges of the industry and have a transformative approach towards handling challenging situations. The fees is paid in two structures, which are the annual fee payment structure and the module-wise fee payment structure.  In the annual fee payment structure, the student has to pay INR 15 Lakhs and in the module-wise fee payment structure the student has to pay INR 16 Lakhs.

The installment breakdown of the annual fee payment structure is given below-

Instalment No.

Amount (INR)

Booking Amount 

1 Lakh

First Instalment

7.22 Lakhs

Second Instalment

6.78 Lakhs

The installment breakdown of the module-wise fee payment structure is given below-

Instalment No. 

Amount (INR)

Booking Amount

1 Lakh

First Instalment

3.78 Lakhs

Second Instalment

3.94 Lakhs

Third Instalment

3.64 Lakhs

Fourth Instalment

3.64 Lakhs

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Frequently Asked Questions?

Yes, IIM Mumbai provides Online MBA programmes through its Executive MBA programme that consists of online classes with a campus immersion. The fees differs for this programme depending on the kind of payment structure the student chooses. If the student takes the annual fee structure, he/she has to pay INR 15 Lakhs while the student who has taken the module-wise payment structure, he/she has to pay INR 16 Lakhs.

The total fees for the MBA programme at IIM Mumbai is INR 21 Lakhs.

The tuition fee for the MBA programme at IIM Mumbai is INR 14 Lakhs.

The booking amount while paying for the IIM Mumbai Executive MBA fees in instalments is INR 1 Lakh.

The program fee for the MBA for International Students program is USD 45K.

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