Courses and Fees

MBA Courses Offered:

  1. MBA (Full‑Time)
      • Duration: 2 years

      • Residential program at IIT Bombay

      • Focus: Management education with subsidized fee structure

      • Includes internships, industry projects, and campus placements

    1. Executive MBA (EMBA)

      • Duration: 18 months

      • Joint degree program with Washington University (WashU), USA

      • Designed for working professionals with managerial experience

      • Intensive modules, global exposure, and leadership focus

    2. Ph.D. (Doctoral Program)

      • Duration: Typically 4–5 years

      • Research‑oriented program in management and allied disciplines

      • Requires strong academic background (Master’s/MBA/Professional qualifications)

      • Focus on original research, publications, and academic/industry contribution

     

 

Hostel and Mess Fee:

Particulars Amount
Electricity & Water Charges ₹ 4,000
Hostel Amenities Fund ₹ 2,000
Hostel Charges ₹ 8,700
Mess Security Deposit ₹ 5,000
Total Hostel Fees (A) ₹ 19,700
Per Semester Mess Advance (B) ₹ 27,000
Total Hostel Fees Payable (A B) ₹ 46,700

 

 
 

Total Program Fee (2-Year MBA)

The following figures represent the overall expenditure for the two‑year MBA program, covering tuition, library, and institutional charges.

Category Total Program Fee 
General / OBC / EWS ₹15,15,500
SC / ST / PwD ₹7,15,500
 
 

 Semester‑wise Fee Breakdown

Fees are payable at the start of each semester. The first semester is slightly higher due to one‑time admission and security deposits.

Component General / OBC / EWS (per Sem) SC / ST / PwD (per Sem)
Tuition Fee ₹2,00,000 Waived (₹0)
Other Specified Fees* ₹1,66,000 ₹1,66,000
Exam & Registration ₹2,300 ₹2,300
Gymkhana & Medical ₹4,350 ₹4,350
Total per Semester ₹3,73,750 ₹1,73,750
 
 

 One‑Time Charges (First Semester Only)

These charges are paid once at admission and include refundable deposits.

Component Amount (INR)
Admission Fee ₹9,200
Student Welfare Fund ₹1,300
Refundable Security ₹10,000
Total One‑Time Fee ₹20,500
 
 

 Hostel & Mess Charges

Since SJMSOM is a residential program, students are generally required to stay on the IIT Bombay campus.

Fee Type Amount (per Semester)
Hostel Rent & Electricity ₹12,700
Hostel Amenities Fund ₹2,000
Mess Advance ₹27,000
Hostel Security (One‑time) ₹5,000
Total Hostel Charges ₹46,700

 

 Institute & Internal Scholarships

  • Shailesh J. Mehta Endowment Fund:

    • Awarded to the top 20% of the class each semester.

    • Benefit: Monthly stipend (₹500–₹2,000 approx.) or one-time merit awards.

  • IIT Bombay Merit-cum-Means (MCM):

    • Based on academic merit family income (below ₹5 Lakhs per year).

    • Benefit: Tuition fee waiver monthly stipend.

  • Corporate Scholarships:

    • Sponsored by companies like ICICI, HUL, etc. for academic excellence.

    • Benefit: Significant one-time awards (varies each year).

  • Student Benevolent Fund:

    • For students facing unexpected financial crises.

    • Benefit: Need-based financial support.

 

 Government Scholarships (Central & State)

  • Top Class Education Scheme (SC/ST):

    • Sponsored by the Ministry of Social Justice & Empowerment.

    • Eligibility: Family income < ₹8 Lakhs (SC) or < ₹6 Lakhs (ST).

    • Benefit: Full tuition fee coverage, non-refundable charges, plus living allowance (~₹2.2 Lakhs in the first year).

  • National Scholarship Portal (NSP – PM-USP Yojana):

    • Eligibility: Class 12 marks above 80% family income < ₹4.5 Lakhs.

    • Benefit: Up to ₹82,000 per year.

  • UGC PG Scholarship:

    • Eligibility: First-time postgraduate students under 30 years of age.

    • Benefit: Financial support for PG studies.

 

 Financial Aid for Reserved Categories (SC/ST/PwD)

  • 100% Tuition Fee Waiver:

    • All SC/ST/PwD students are exempt from tuition fees (saving ~₹8 Lakhs over 2 years).

  • Free Messing Facilities:

    • For SC/ST students with family income below ₹5 Lakhs per year.

    • Benefit: Covers basic mess menu costs monthly pocket allowance.

SJMSOM IIT Bombay

SJMSOM IIT Bombay

Mumbai

Related College

Subscribe Now

Get All Updates & Admission Alerts