- The total fees for MFM is ₹ 6.85 Lakhs.
- This includes a total tuition fee of ₹ 6.16 Lakhs, Caution Fees of ₹ 12,600, Other Fees of ₹ 46,000.
- Candidates need to pay ₹ 3.42 Lakhs in the first year.
- NIFT Mumbai Hostel Fee is ₹ 1.28 Lakhs.
For students applying under the NRI quota for admission, the total course fee for MFM at NIFT Mumbai is ₹ 20.74 Lakhs.
Earlier, MFM fees at NIFT Mumbai was ₹ 6.69 Lakhs (in 2025) for the entire course duration. This shows a fee increase of ₹ 16,000 over the year.
Compare NIFT Mumbai MFM Fees with Similar Colleges
Students have an option to pursue MFM from similar colleges such as NIFT Delhi, NIFT Bangalore, NIFT Gandhinagar, NIFT Mumbai. Similar to NIFT Mumbai, MFM 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 NIFT Delhi is the highest with ₹ 6.85 Lakhs. This is followed by NIFT Bangalore with ₹ 6.85 Lakhs and NIFT Gandhinagar with ₹ 6.85 Lakhs. Among these, NIFT Mumbai has the lowest fee for MFM with ₹ 6.85 Lakhs.
| College | MFM Total Fees |
|---|---|
| NIFT Delhi | ₹ 6.85 Lakhs |
| NIFT Bangalore | ₹ 6.85 Lakhs |
| NIFT Gandhinagar | ₹ 6.85 Lakhs |
| NIFT Mumbai | ₹ 6.85 Lakhs |

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