Courses and Fees
MBA Programs at IIM Mumbai (2-Year, Full-Time)
IIM Mumbai offers three flagship MBA programs, each spanning two years and delivered in a full-time residential format:
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Master of Business Administration (MBA – General)
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MBA in Operations and Supply Chain Management (MBA-OSCM)
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MBA in Sustainability Management (MBA-SM)
Other Management Programs
In addition to the flagship MBAs, IIM Mumbai offers programs tailored for experienced professionals:
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MBA-PGPEx (One-Year Post Graduate Program for Executives): Full-time residential program for mid/senior-level professionals.
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Two-Year Weekend MBA (MBA-PGPM): Non-residential program designed for working professionals, conducted on weekends.
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PGDEx-VLFM (Visionary Leadership for Manufacturing): One-year residential program offered in collaboration with IIT Delhi.
Program Fees
The fee structure for IIM Mumbai’s MBA programs is competitive and designed to provide strong value:
| Program | Total Program Fee |
|---|---|
| MBA / MBA-OSCM / MBA-SM (2-Year, Full-Time) | ₹21.00 Lakhs |
| MBA-PGPEx (1-Year) | ₹15.00 Lakhs |
| MBA-PGPM (2-Year Weekend) | ₹18.00 Lakhs |
Scholarship:
1. Need-Based Financial Aid (Tuition Fee Waivers)
IIM Mumbai offers tuition fee waivers based on annual family income. These are reviewed each year depending on the student’s academic performance.
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Type 1 Waiver: Family income below ₹1,00,000 → 50% tuition fee waiver
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Type 2 Waiver: Family income below ₹2,50,000 → 30% tuition fee waiver
2. Government & Category-Specific Scholarships
The institute facilitates access to central and state government scholarship schemes:
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Central Sector Scholarship Scheme (SC/ST): Covers tuition, maintenance, and book allowances for eligible SC/ST students (family income typically below ₹8,00,000).
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Ministry of Tribal Affairs Scholarship (ST): Full tuition coverage for eligible ST students.
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Ministry of Social Justice and Empowerment Scholarship (SC/PwD): Provides full tuition support for meritorious SC students and financial aid for Persons with Disabilities (PwD).
3. Merit and Corporate Scholarships
These are offered by external organizations based on academic merit, performance in the MBA program, and sometimes interviews.
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Aditya Birla Scholarship (Aditya Birla Group): Merit-based; awarded to top 25% students. Amount: ₹1.75 Lakhs per year.
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OPJEMS Scholarship (OP Jindal Group): Merit-based; for top performers in the second year. Amount: ₹1.50 Lakhs per year.
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NTPC Scholarship Scheme (NTPC): For SC/ST/PwD students in the second year who clear the first year in one attempt. Amount: ₹48,000 per year.
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Mirae Asset Foundation (MAF) Scholarship: Based on interviews; for students with family income under ₹8 Lakhs. Amount: up to ₹5 Lakhs (one-time grant).
For detailed information about all courses and the fee structure, please visit the official IIM Mumbai website.
