Garima Content Writer
Content Writer | Updated On - Dec 29, 2025
IIM Mumbai has officially released the PGPEX Fee Structure for the 2026 academic session, offering candidates the flexibility to pay the programme fee through either annual or module-wise instalment options.

IIM Mumbai has officially released the fee structure for its One-Year Post Graduate Programme for Executives (PGPEX) for the 2026 academic session. The programme is designed for working professionals and offers flexible payment options along with residential academic facilities.
Check Here – IIM Mumbai PGPEX Fee Structure 2026
The gross fee applicable per student for the One-Year Post Graduate Programme for Executives is ₹16.20 lakhs, including hostel fees plus applicable government taxes (if any) for annual instalments, or ₹17.20 lakhs including hostel fees plus applicable government taxes for module-wise instalments.
IIM Mumbai PGPEX 2026 Fee Payment Schedule
| Description | Amount | Due Date / Remarks |
|---|---|---|
| Seat Booking Fee | INR 1 Lakhs | Seat confirmation by January 7, 2026 |
| Option 1: Annual Instalments | ||
| First Installment | INR 8.42 Lakhs | On or before 29-01-2026 |
| Second Installment | INR 6.78 Lakhs | 01 September 2026 |
| Option 2: Module-wise Instalments | ||
| First Installment | INR 4.98 Lakhs | On or before 29-01-2026 |
| Second Installment | INR 3.94 Lakhs | 18 June 2026 |
| Third Installment | INR 3.64 Lakhs | 01 September 2026 |
| Fourth Installment | INR 3.64 Lakhs | On or before 19 Nov 2026 |
The fee structure also includes a refundable caution deposit of ₹50,000, which will be refunded upon graduation or adjusted against any outstanding dues. IIM Mumbai has clarified that availing of mess facilities is mandatory, and mess charges are not included in the programme fee.
Candidates are required to make an advance payment for mess charges before the commencement of each module, in accordance with the institute norms.
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