IIM Mumbai to Offer MBA Program with INR 21 Lakh Fee from Next Year; Check MBA Fee Structure for IIMs Here

New Delhi: Newly upgraded Indian Institute of Management (IIM) Mumbai has announced that it will offer three MBA programs with a fee of INR 21 Lakh from the academic year 2024-’25. The decision was made during the first-ever board meeting of IIM Mumbai on October 16, 2023.

As per IIM Mumbai, the three new MBA courses will include a General MBA, MBA in Sustainability and Management and MBA in Operations and Supply Chain Management with a course fee of INR 21 Lakh, which is relatively higher than other new generation IIMs.

During the board meeting, the institute also discussed plans to increase the seating capacity for its courses. Informing about the decision, the IIM Mumbai official shared, “For the three MBAs that we are offering [the fee is] Rs 21 lakh. It is the same for all the three courses”.

“Other decisions were taken like the board approving the academic curriculum passed by our Academic Council which is in line with the industry standards and the newer thinking that is coming in the management domain. We have also approved infrastructure planning in a phase-wise mode including new hostels, increasing intake capacity, and introducing new courses in offline and online mode”, the senior official further added.

Top IIM MBA 2023-25 Fees

The top IIMs such as IIM Ahmedabad offer its PG program with a fee of INR 25 Lakh, while the MBA program fee at IIM Bangalore is INR 24.5 Lakh and IIM Calcutta offers its MBA program with a course fee of INR 31 Lakh. 

Check the detailed MBA fee structure at top IIMs in India mentioned in the table below: 

Also Read: 

• IIM Mumbai to Undergo Major Transformations, Says Director Manoj Tiwari; Check Details Here

• IIM Mumbai to Hike Annual Fee to Around INR 10.2 Lakh for Each Program; Check Details Here

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