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IIM Mumbai (NITIE) Courses & Fees 2024

Mumbai, MaharashtraEstd 1963
#101-150 For Overall By NIRF 2022  
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IIM Mumbai Fees & Eligibility

Full time Courses
CourseFeesEligibilityApplication DateAction
PGPEX10.32 Lakhs (Total Fees) Graduation-
MBA
3 Courses
21 Lakhs (Total Fees) Graduation with 50% + CAT1 Aug - 13 Sept 2024
MDP26,250 (Total Fees) Graduation-
Fellowship1.04 Lakhs (1st Year Fees) Post Graduation16 Jan - 20 Feb 2024
Ph.D1.5 Lakhs (1st Year Fees) Post Graduation16 Jan - 20 Feb 2024
Part time Courses
CourseFeesEligibilityApplication DateAction
Exec. Certification
1 Course
1.4 Lakhs (Total Fees) Graduation30 Apr 2024
PGP
1 Course
7.5 Lakhs (Total Fees) Graduation-

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Courses Offered By IIM Mumbai 2024

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4.4(53 Reviews)3 Courses2 Years Full Time
#12out of 292 by India Today

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Graduation with 50% + CAT

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1 Aug - 13 Sept 2024

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16 Jan - 20 Feb 2024
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Ph.D. (Executive) 
1st Yr Fees:₹1,50,000
3 Years Full Time
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4.2(1 Review)1 Courses1 Year Part Time
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Ph.D 
1st Yr Fees:₹65,000
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Why To Join IIM Mumbai - Reviews & Rating

4.3
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5(84%)
4(13%)
3(0%)
2(1%)
1(1%)

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4.3
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4.2
Social Life
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GUDHKA SANYAM MANISH
4.5Helpful
Reviewed on Sep 27, 2024(Enrolled 2023)

Fees and Financial Aid:

Year 1 fees = 7,63,000 Year 2 fees = 7,00,000 This excludes Mess fees, which is around 4000 Rs/ month All other fees including tuition fees, developmental fees etc is included For SC/ST students Total fees - 4 lac ruppes

...Read More
Prasad Gavande
Prasad Gavande
4.5Helpful
Reviewed on Jun 20, 2024(Enrolled 2024)

Fees and Financial Aid:

There is no drastic change in fees, it is increased but at vey low amount, Total fee is 21 lac, there is scholarship by goverment, for the pepole who has income under 450000, Other people doesn't have any scholarship

...Read More
Shubham Tanwar
Shubham Tanwar
4.5Helpful
Reviewed on Apr 3, 2024(Enrolled 2023)

Fees and Financial Aid:

The tuition fee when I was admitted to IIM Mumbai was Rs 15 Lakhs for the whole course. The fees can be paid in 4 instalments, 2 in each year. The fees include hostel fees and other miscellaneous fees but it does not include Mess fees. The College provide various scholarships, including provided by state and financial scholarships for SC, SC and OBC candidates. The alumni committee also offers financial assistance based on the performance of the candidates. The college also provides scholarship assistance through the National Scholarship Portal which is given by Central Government.

...Read More
Preetam Chatterjee
4.3Helpful
PG Diploma, Industrial Engineering
Reviewed on Jul 28, 2023(Enrolled 2023)

Fees and Financial Aid:

Fees of the NITIE are being hiked for the last few years each year there has been an hike of about 2-3 lakhs. Now it is also set to be an IIM Mumbai then fees surely will be hiked a lot, at par with BLACKI perhaps. fees are definitely high for someone who prepares for GATE in the hopes of getting a government job. you are eligible for a scholarship stipend of 12400/- through GOI under the MHRD scheme.

...Read More
NITISH KUMAR CHOWDHARY
NITISH KUMAR CHOWDHARY
4.4Helpful
Reviewed on Jul 15, 2023(Enrolled 2022)

Fees and Financial Aid:

For the VLFM program, the fees hike policy is generally decided by the institute management and it was last revised in the year 2020. There is no scholarship as such in the VLFM program. The Job/Final placement of the VLFM program has an average of 25.63 Lpa.

...Read More
TANUSHA CHOUDHARY
3.8Helpful
PG Diploma, Industrial Engineering
Reviewed on Jul 14, 2023(Enrolled 2022)

Fees and Financial Aid:

The fees are decent compared to other top-level schools. We have scholarships for SC/ST students as well as scholarships based on economic status. Gate students get there TA scholarship of Rs. 12400 per month. Plus during an internship, we get a good stipend.

...Read More
Ashwini
Ashwini
4.1Helpful
PG Diploma, Industrial Engineering
Reviewed on Jul 14, 2023(Enrolled 2022)

Fees and Financial Aid:

The fee is nominal when compared to other government institutions while the average packages are comparable to Old IIMs. The ROI is excellent when it comes to NITIE. Various scholarships are updated from time to time through the mail and students can go through the brochure to know about it. The campus placement is 100%.

...Read More
Meenakshi Singh
Meenakshi Singh
4.9Helpful
PG Diploma, Industrial Engineering
Reviewed on Jul 10, 2023(Enrolled 2022)

Fees and Financial Aid:

The fee is very nominal when compared to other management institutes while the average packages are comparable to old IIMs. The ROI is excellent when it comes to NITIE. There are various scholarships that are updated from time to time through the mail and students can go through the brochure to get to know about financial assistance for poor students. I have got an IDFC First Bank scholarship of 100000 per year and also a monthly stipend of 12400 under a Teaching Assistantship.

...Read More
ASHWIN SHRIVASTAVA
4.8Helpful
PG Diploma, Industrial Engineering
Reviewed on Feb 8, 2023(Enrolled 2021)

Fees and Financial Aid:

Fees is consistent for the past 4 years and GATE students get monthly stipends as per MHRD norms. Live Projects opportunities are provided by the college to earn during the studies. Various government scholarships are provided by the college to reserved students.

...Read More
Tanmay Khare
5.0Helpful
PG Diploma, Industrial Management
Reviewed on Feb 6, 2023(Enrolled 2022)

Fees and Financial Aid:

Total fees for a year are 7L including the hostel fee. Mess costs us around 4K for a month, i.e. nearly 50k a year. Adding 1L for two years to our initial tally, the overall fees for two years would drill down to 15L.

...Read More

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IIM Mumbai: 12 Answered Questions

Which is the best course in NITIE Mumbai among PGDIE, PGDIM, PGDISEM, etc.?

Nitin VermaPost Graduate Diploma in Industrial Management, National Institute of Industrial Engineering (2021)

The most important thing you should know is which course will prove to be better for your career, rather than which is the best overall. As some of my friends are from NITIE Mumbai, I can give you a bit of information about PGDIE and PGDIM.

  • Both PGDIE and PGDIM are flagship courses of NITIE.
  • PGDIM is considered to be a management course, whereas PGDIE is a technical course.
  • PGDIE is a more M.Tech equivalent.
  • There are also certain differences between the course curriculum at PGDIE and PGDIM.
  • PGDIE has a batch size of 120. And PGDIM has a batch size of 250.
  • Admissions for PGDIE are done through GATE scores. For PGDIM, CAT scores are considered.
  • The placements of both the courses are good. Students of both these courses sit for placements by almost the same companies.

Therefore, it is suggested that you opt for the one that suits you the best. Ask yourself where your passion lies and will a management course or a technical course be beneficial for you.

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How much will it cost to do a PGDIE at NITIE Mumbai, including the living cost for two years?

Debdeep Majumder
Geet MishraPGDIE at National Institute of Industrial Engineering (2018)

The tuition fee for PGDIE at NITIE is 3.69 lakhs for the first year and 3.41 lakhs for the second year. This fee structure consists of your Hostel rent and other academic fees excluding mess fees.

 Here is the detailed fee structure for PGDIE at NITIE. 

Particulars Total Amount (INR)
Academic Fees 6,60,000
Facilities Charge 3,00,000
Student Welfare and Alumni Activities Charges 1,33,000
Hostel Charges 1,20,000
Deposits 50,000
Total 12,53,000

Furthermore, students from the reserved category are exempted from payment of Academic charges whose annual family income is less than Rs. 4.5 lakhs but then they shall have to pay all other fees, charges, and deposits.

For the sponsored category the tuition fees are two times and all other charges remain the same. 

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What is the total cost of studying at NITIE?

Epil Gagrai

IIM Mumbai charges INR 21 Lakhs for the flagship MBA program for 2 years. It includes all the charges including INR 18 Lakhs tuition fees, hostel charges, alumni fees, and caution deposits. 

For other MBA courses i.e. MBA in Operations and Supply Chain Management, the fees is INR 17 Lakhs for 2 years. The fees for an MBA in Sustainability Management is INR 20.48 Lakhs. The candidates should know that the fees are subject to change every year by around 10% - 20%. IIM Mumbai also offers various scholarships and financial aid to the eligible students to help reduce the financial burden of MBA pursuing students.

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Is there any fee concession in NITIE Mumbai for a general student?

Sanovar Lohia
Rishabh AggarwalPGDIE from National Institute of Industrial Engineering (2017)

Yes, NITIE Mumbai gives fee concessions to the general category students also. The form of fee concession is merit cum need a form of scholarship. 

The simple meaning of this merit cum need scholarship is that a student has to be eligible for some criteria to avail it. To be eligible, a student needs to maintain considerable academic aggregate and should be from an economically weaker background. 

The range of scholarships is in the form of a 30% fee waiver for the students with an annual family income below INR 2.5 lakhs and a 50% fee waiver for the students with an annual family income below INR 1 lakh. 

Excluding the scholarship, the students enrolled in the courses of PGDPM, PGDIE, and PGDMM avail of a stipend of around INR 12400.

...Read More
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How do I pay the fees for NITIE in Mumbai if my father's income is less than 2 lakhs?

Aastha Anand
Khushi ChitraStudied at Delhi University (2019)

My cousin's brother enrolled in NITIE last year. So I am well aware of this criteria. According to him it’s not very difficult. 

  • You can simply apply for an education loan. 
  • Almost all government banks in India offer an education loan without collateral to students who enroll in a high-quality institute. 
  • The interest rates are lower as well. 
  • SBI, for example, does it through its SBI Scholar loan scheme, which is available to a list of reputed or “good-quality” institutes.
  • NITIE appears on all of these lists. 
  • There is no need to pay interest until you graduate. 
  • Even so, you have the option of extending the moratorium period for an additional year. 
  • You can begin repaying the loan once you get a good job. 
  • Essentially, your parents are not required to do anything in this situation.

If your family income is less than 2.5 lakhs, you can get a 30% tuition fee waiver, and if your family income is less than 1 lakh, you can get a 50% tuition fee waiver.

...Read More
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Which type of courses are offered by the NITIE Mumbai through the GATE, MBA or MTech?

Shreya PalitPGDIM from National Institute of Industrial Engineering (2019)

I have friends who study at NITIE Mumbai, and these are the 5 different courses the institute offers:

  1. PGDIM (For Industrial Management)
  2. PGDISEM (For Industrial Safety and Environment Management)
  3. PGDIE (For Industrial Engineering)
  4. PGDPM (For Project Management)
  5. PGDMM (For Manufacturing Management)

Moreover, PGDIM and PGDISEM are equivalent to MBA and require you to appear in CAT exam to enroll in either of them.

Other than these few, PGDIE, PGDPM, and PGDMM are equivalent to M.Tech. The admissions are followed by considering the GATE scores which also helps make students eligible for the regular stipend provided by the government to several of these GATE qualifiers. 

...Read More
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What course should I list as my 1st preference at NITIE Mumbai? (The options available are PGDMM, PGDPM, and PGDIE.)

Malabika GhoseMBA General Management & Post Graduation in Supply Chain and Operations Management, NITIE (2019)

NITIE offers 5 courses. These 5 courses are as follows. 

  1. Post Graduate Diploma in Industrial Engineering (PGDIE)- This is considered to be the Flagship program offered by NITIE. If you have studied mechanical/production/industrial engineering and are a graduate, it would be very easy for you to understand the curriculum of the course. 
  2. Post Graduate Diploma in Manufacturing Management (PGDM)- If you are a mechanical/production/industrial engineering graduate, you can easily understand this program's curriculum. Civil Engineering graduates are not eligible to apply for this program. 
  3. Post Graduate Diploma in Project Management (PGDPM)- This program would help you to get techno-managerial job opportunities in the industry. Students from any branch of engineering can apply for enrollment in this course.
  4. Post Graduate Diploma in Industrial Management (PGDIM)- This program is one of the oldest programs offered by NITIE and would help you in getting decent job roles in industries. 
  5. Post Graduate Diploma in Industrial Safety and Environment (PGDISE)- This program would help you nourish your interest in safety and sustainability. You will be shortlisted based on your CAT Scores. 

You can make your choice according to your interest. 

...Read More
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How much it will cost to do a MBA in operation at NITIE Mumbai, including the living cost for two years?

Aastha Anand
Shreya AroraStudied MBA in Business Analytics at NITIE Mumbai (2018)

I can give you an idea about the cost of doing an MBA from NITIE as one of my friends is a student there. At present, the tuition fee for MBA is 11 lakhs for a period of 2 years.

Other than that, if you consider assuming Rs. 3500 as the average mess fees for a total of one month, then it sums up to Rs. 35,000 for a time period of 10 months (considering 2 months of vacation period).

The mess fee sums up to Rs. 80,000. The overall amount you might personally require can be 1 Lakh in a total of 2 years. Thus, it can possibly be around or over 13 Lakhs, if you go on to plan for a rather controlled cost vacation in NITIE.

...Read More
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What are the MBA fees in NITIE Mumbai?

Sidhi Smita PattnaikStudied Post Graduate Diploma in Industrial Engineering at the National Institute of Industrial Engineering

I have a few friends who graduated recently from NITIE, so I think I can give you some information regarding the fee structure of the institute. 

  • There are two modes of entry in NITIE, i.e. GATE (PGDIE/MM/PM) and CAT (PGDIM/ISM). 
  • The Fee structure is different for GATE and CAT qualifying applicants.
  • GATE qualifying candidates are charged around INR 12.5 LPA for the MBA program while CAT qualifying applicants are charged nearly INR 14.5 LPA. 

Although the fees I have mentioned are solely meant for Tuition Fees, this doesn't include mess fees which you need to pay separately.

...Read More
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What is the academic fees for PGDIE course in NITIE Mumbai?

Saikat KunduStudied at National Institute of Industrial Engineering

My brother was enrolled in the PGDIE courses so I think I can give you the fees information. 

The fee structure for the PGDIE courses at NITIE Mumbai is mentioned below:

Particulars Amount
Academic Fees INR 6,60,000
Facilities Charge INR 3,00,000
Student Welfare and Alumni Activities Charges INR 1,33,000
Hostel Charge INR 1,20,000
Deposits INR 50,000
Total INR 12,53,000

As per the policies of the institution, SC/ST candidates whose annual collective income of the family is below INR 4.5 lakh do not have to pay for the Academic charges. However, these students are required to pay all the other fees. 

...Read More
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