IIM Mumbai MBA : Fees 2026, Course Duration, Dates, Eligibility

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Collegedunia Team

Content Curator | Updated on - Jan 25, 2026

MBA at IIM Mumbai is a 2 years, Full Time Degree program offered On Campus. It offers a limited number of 300 seats.

  • The total fees for the MBA program at IIM Mumbai is ₹ 25.5 Lakhs.

Admissions to MBA at IIM Mumbai are primarily based on CAT. Candidates must have completed Graduation with 50% + CAT to be eligible for admission. The overall CAT cutoff for the MBA program is 97 across all categories. Check IIM Mumbai Admission

According to Collegedunia Management Ranking 2025, IIM Mumbai ranks 11 out of 372 colleges in India with an overall score of 1909.62 out of 2000 and a placement score of 920 out of 1000. India Today Management ranking 2020, ranks IIM Mumbai at 12 out of 292 in India.

Find detailed IIM Mumbai MBA fees, eligibility, admission dates, cutoff and ranking below.

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Application Date:Dec 2, 2025
Course HighlightsDetails
duration2 Years (Full Time)
course levelPG (Degree)
mode of studyOn Campus
total fees₹ 25.5 Lakhs
median package₹ 33 Lakhs
eligibilityGraduation with 50% + CAT
entrance testCAT
722 Views Last Year
113 Studentsshown interest in the last 30 days

IIM Mumbai Latest Updates and News

29 Jan, 2026 IIM Mumbai PI Calls for MBA Admission 2026-28 are out. Shortlisted candidates must complete registration using the link and form shared via email. Read more.

23 Jan, 2026 IIM Mumbai MBA Fee structure 2026-28 has been released. The total academic fee is ₹ 25.5 Lakhs.

IIM Mumbai MBA Fees

IIM Mumbai MBA fees 2026 is ₹ 25.5 Lakhs for the entire course duration.

Earlier, MBA fees at IIM Mumbai was ₹ 21 Lakhs (in 2025) for the entire course duration. This shows a fee increase of ₹ 4.5 Lakhs over the year.

Compare IIM Mumbai MBA Fees with Similar Colleges

Students have an option to pursue MBA from similar colleges such as IIM Ahmedabad, IIM Calcutta, IIM Mumbai, IIM Udaipur. Similar to IIM Mumbai, MBA at these group colleges is offered Full Time for a duration of 2 Years.

Comparing the course fees at these colleges, the total course fee at IIM Ahmedabad is the highest with ₹ 71.2 Lakhs. This is followed by IIM Calcutta with ₹ 27 Lakhs and IIM Mumbai with ₹ 25.5 Lakhs. Among these, IIM Udaipur has the lowest fee for MBA with ₹ 22.51 Lakhs.

College MBA Total Fees
IIM Ahmedabad ₹ 71.2 Lakhs
IIM Calcutta ₹ 27 Lakhs
IIM Mumbai ₹ 25.5 Lakhs
IIM Udaipur ₹ 22.51 Lakhs

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Quota:
Fee TypeTotal Amount (INR)
total fee₹25.5 Lakhs
* Fees is refundable

Fee Structure As Per Official Website

Important Dates for MBA at IIM Mumbai


Expired Events

EventsDates
Commencement of Classes for Round-2 Admission 2025-26 [MBA-BPGP]
Jan 23, 2026
Inauguration and Induction for Round-2 Admission 2025-26 [MBA-BPGP]
Jan 12, 2026 - Jan 14, 2026
Last Date to Pay 1st Instalment of Fees of Merit List for Round-1 Admission 2025-26 [MBA-BPGP]
Jan 05, 2026
Check entrance exam dates for admission in MBA at IIM Mumbai -

Do you think the Dates are wrong ?  Report Here

IIM Mumbai: Students' Opinion

AI-Generated Summary based on 3 Reviews

The college offers a robust educational environment with a faculty of 55 members catering to 1,000 students, ensuring strong student-faculty interactions. Faculty members are praised for their approachability and personalized guidance. The curriculum is relevant and manageable, with 6 subjects in the first year and 4-5 in the second year. The college provides comprehensive placement support, achieving 100% placement assistance. The highest salary package for graduates is 78 lakhs per annum, while the average is 27 lakhs.

Consulting roles feature an average package of 31 lakhs. Major recruiters include Amazon, Flipkart, and Deloitte. Internship placements, which start in September, offer 100% opportunities, with the highest stipend at 2.5 lakhs per month and an average of 1.25 lakhs. Key recruiters for internships include P&G, Puma, and Amazon. Initially, the tuition fee was Rs 15 Lakhs for the entire course but has now increased to Rs 21 Lakhs, excluding a monthly Mess fee of Rs 4,000.

Scholarships are offered to SC/ST and OBC candidates, with additional financial support for students with an annual income under Rs 4,50,000. For SC/ST students, the total fee is significantly reduced to Rs 4 Lakhs.

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 By Collegedunia’s Personal AI

IIM Mumbai MBA Admission Process

Entrance Exam
Seat Intake

IIM Mumbai MBA Placement

According to the latest available placement reports of 2024, The median package reported is 33 Lakhs.Check IIM Mumbai Placement

Based on the latest NIRF Reports 2024 of IIM Mumbai, about 100% of the MBAstudents were placed during the placement drive. The median package reported was 33 Lakhs.Before this, the median package reported was 33 Lakhs.

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Yearly Placement Package Comparison
Particulars202420232022
Median Package₹33.00 Lakhs₹32.00 Lakhs₹31.00 Lakhs
Yearly Students Placed
Particulars202420232022
Student Admitted536490521
Students Placed536490521

IIM Mumbai MBA Ranking

According to Collegedunia Ranking 2025, IIM Mumbai ranks 11 out of 372 colleges in India for its MBA program.

  • 12 out of 292 under India Today Management Ranking 2020.
  • 9 out of 235 under The Week Management Ranking 2024.
  • 6 out of 125 under NIRF Management Ranking 2025.
  • 17 out of 29 under Outlook Management Ranking 2021.
  • 9 out of 100 under IIRF Management Ranking 2025.

Read more on IIM Mumbai Rankings here

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Collegedunia Ranking

#11 out of 372 in India 2025 
#3rd in Mumbai

NIRF Ranking

#6 out of 125 in India 2025 
#1st in Mumbai
#1 in Maharashtra

IIRF Ranking

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IIM Mumbai: 5 Answered Questions

Which is the best institute for an MBA, IIM Shillong, MDI Gurgaon or NITIE Mumbai?

Sahil Sachdeva
Anupama ChowdhuryMBA from National Institute of Industrial Engineering (Graduated 2020)

Among these, NITIE Mumbai is the best institute for an MBA. It is considered the Mecca of Operations and SCM. The Ops and SCM job profiles offered at NITIE Mumbai placements are even better than the ones offered from these sectors at IIM ABCL. The final placement record for 2022 showed the average CTC is INR 24.51 LPA. Highest CTC offered this year was INR 49 LPA.  

Locational benefits, a huge alumni base, and a stellar placement record are some of the other factors that work in favor of NITIE.

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Which is best among NITIE Mumbai, SIBM Pune, and IIM Rohtak for MBA?

Arijit PathakFormer Consultant at KPMG (2019–2021)

In terms of placement, NITIE is the best followed by SIBM Pune, and finally IIM Rohtak. In terms of brand value, IIM Rohtak comes first, followed by NITIE and then SIBM.

Depending on whether you want the IIM tag, you should attend NITIE, SIBM Pune, or IIM Rohtak for Operations. NITIE has a firm grasp on operations and is well-known for it. Furthermore, the Mumbai location is advantageous. If you want to pursue a career in marketing, SIBM Pune should be your first choice.

IIM Rohtak will be considered after these two colleges because it is a relatively new brand that, like the other IIMs, will take time to establish itself.

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What are the chances of getting into NITIE for an MBA with a decent score in the CAT? My 10th, 12th and undergrads are 85.12, 61.5, and 60%.

Sarita SinghStudied at National Institute of Industrial Engineering (2021)

You have not specified your category and gender and confirming that bit may be tough. Following are some certain things you should need to know.

  • These parameters are as important as the CAT score for Indian B-schools, if not more. 
  • For the worst-case scenario, I will assume you are a GEM (General Engineer Male), and answer according to the historical trends.
  • For PGDIM, by a decent score, you should mean 98.5 percentile with 92+ percentile in every section. 
  • But mind you, you will have a hard time getting shortlisted for good companies during summers and final placements owing to your academics and it's the comparison with the rest of the batch. 
  • The closing percentile for round 1 in the general category is 90 percentile.
  • For PGDISEM, by a decent score, you should mean 95.5+ percentile with 90+ percentile in every section. 
  • Because of lesser competition in PGDISEM, you can have a fair chance of getting shortlisted in good companies for summers and final placements. 
  • The closing percentile for round 1 in the general category is 90 percentile.

Apart from the decent scores, you will need to perform exceedingly well in GD and PI to secure admission at NITIE.

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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.

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Does an industrial engineer have any advantage when applying for an MBA at NITIE?

Sreeja PrasadPGDIM from NITIE (2019)

NITIE Mumbai is the brand name for engineers targeting management courses in India. The institute offers various industrial management courses for students.

I have a friend studying PGDIM in NITIE Mumbai, and as per his insights, you do not get any advantage of being an Industrial Engineer in NITIE Mumbai, if you are focusing on PGDIM or PGDISEM. As it offers you an Industrial Management degree, having an Industrial Engineering does add anything to your profile. However, you may get an edge over other students if targeting M. Tech through the GATE exam.

Overall, in MBA from NITIE, an industrial engineer is on the same platform as other candidates. 

...Read More
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Why To Join IIM Mumbai - Reviews & Rating

4.5
& Win Monthly Prizes Up to ₹1 Lakh/-*
5(84%)
4(13%)
3(0%)
2(1%)
1(1%)

Academic
4.3
Faculty
4.2
Infrastructure
4.3
Accommodation
4.2
Social Life
4.3
Placement
4.7

Reset All Filter

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

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