- This includes a total tuition fee of ₹ 1.97 Lakhs, Caution Fees of ₹ 5,000, Other Fees of ₹ 18,700.
- Candidates need to pay ₹ 89,200 in the first year.
- For SC/ST category students, the total fees is ₹ 70,200.
Earlier, Ph.D Strategic Management fees at IIT Bombay was ₹ 88,400 (in 2024) for the entire course duration. This shows a fee increase of ₹ 1.32 Lakhs over the year.

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