IIM Mumbai Courses & Fees 2026

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Collegedunia Team

Content Curator | Updated on - Aug 19, 2026

IIM Mumbai Fees 2026 for various courses starts from INR 50,000 (For MDP) to INR 25.5 Lakhs (For MBA) for the entire course duration. The top courses of IIM Mumbai are MBA, PGPEX, MDP, Ph.D. The fees for MBA at IIM Mumbai ranges from INR 15 Lakhs - 25.5 Lakhs, While for the PGPEX the fees ranges from INR 7.5 Lakhs - 16.2 Lakhs based on the specialization for the complete course cycle.

The total fees for other top courses like MDP and Ph.D is INR 50,000 and INR 74,000 depending upon the specialization.

IIM Mumbai Course and Fees Quick Overview

  • IIM Mumbai offers 20 courses in various streams like Management, Science.
  • The Total Fees (As last verified on 17-Aug-2026) at IIM Mumbai in 2026 ranges from INR 50,000 - 25.5 Lakhs for entire course duration.
  • Prominent courses at IIM Mumbai includes MBA, PGPEX, MDP, Ph.D. Top specializations offered in these courses includes MBA(Sustainability Management), PGPEX, MDP, Ph.D.
  • MBA (Sustainability Management) Fees at IIM Mumbai is around INR 25.5 Lakhs for the full 2 years duration.

Go through the following article for detailed Fees structure for various courses offered at IIM Mumbai.


IIM Mumbai Courses and Fees 2026

The below mentioned table shows various courses offered along with their latest fee structure. The most popular courses at IIM Mumbai is MBA having fees of INR 15 Lakhs - 25.5 Lakhs, and PGPEX having fees of INR 7.5 Lakhs - 16.2 Lakhs for complete course cycle.

Course Total Fees (INR)
MBA 15 Lakhs - 25.5 Lakhs
PGPEX 7.5 Lakhs - 16.2 Lakhs
MDP 50,000
Ph.D 74,000
Exec. Certification 80,099 - 2.48 Lakhs
PGP 8.03 Lakhs
Ph.D Executive 4.97 Lakhs

IIM Mumbai Fees Comparison (With Previous Year)

The below mentioned table shows the comparison of IIM Mumbai fees 2026 with previous year 2025. The average fees of IIM Mumbai in 2026 increased by INR 3.14 Lakhs as compared to 2025.

Check the below table to know about the fees increase for various courses YoY.

Course 2026 Fees (INR) 2025 Fees (INR) Fees Change Fees Verdict
MBA 15 Lakhs - 25.5 Lakhs 21 Lakhs 1.51 Lakhs increased
PGPEX 7.5 Lakhs - 16.2 Lakhs 7.5 Lakhs - 21 Lakhs 17,512 decreased
MDP 50,000 26,250 23,750 increased
Ph.D 74,000 1.75 Lakhs - 1.95 Lakhs 1.11 Lakhs decreased
Exec. Certification 80,099 - 2.48 Lakhs 80,099 - 2.1 Lakhs 14,277 increased
PGP 8.03 Lakhs 7.5 Lakhs 52,500 increased
Ph.D Executive 4.97 Lakhs 4.5 Lakhs - 4.85 Lakhs 29,500 increased

Note: All the above mentioned data has been sourced from the official sources and may change as per the college. Students are advised to visit the official website to get the updated details.

IIM Mumbai MBA Fees 2026

MBA at IIM Mumbai is the most popular 2 years PG program offered in 3 specializations, with seat intake of around 660 seats across all specializations. The Fees for MBA ranges from INR 15 Lakhs - 25.5 Lakhs depending upon the specialization. The course eligibility required for admission in MBA is Graduation with 50% + CAT.

To Know about the fees for various specialization of MBA at IIM Mumbai, Check the below mentioned table.

MBA Specializations Total Fees (INR) - General
MBA General 25.5 Lakhs
MBA Sustainability Management 25.5 Lakhs
MBA Operations & Supply Chain Management 25.5 Lakhs

IIM Mumbai MBA Specializations Fees

IIM Mumbai offers MBA in 3 specializations like General, Sustainability Management, Operations & Supply Chain Management. The top specializations offered in MBA are -

  • Sustainability Management
  • Operations & Supply Chain Management

The detailed fees for some of the top specializations are as follows -

  1. MBA General Fees : The Total Fees for MBA General is INR 25.5 Lakhs.

  2. MBA Sustainability Management Fees : The Total Fees for MBA Sustainability Management is INR 25.5 Lakhs.

  3. MBA Operations & Supply Chain Management Fees : The Total Fees for MBA Operations & Supply Chain Management is INR 25.5 Lakhs.

IIM Mumbai PGPEX Fees 2026

PGPEX at IIM Mumbai is 1 year program , with seat intake of around 248 seats . The Fees for PGPEX ranges from INR 7.5 Lakhs - 16.2 Lakhs . The course eligibility required for admission in PGPEX is Graduation + IMAT.

IIM Mumbai MDP Fees 2026

MDP at IIM Mumbai is program The Fees for MDP is INR 50,000 . The course eligibility required for admission in MDP is Graduation.

Note: All the above mentioned fees has been sourced from the official website and may change as per the latest notification released by the college. Students are advised to check the college official website to get the latest fees.

IIM Mumbai Fees for Other Courses 2026

IIM Mumbai fee for other courses are mentioned below.

Course Fees (INR) Previous Year Fees (INR)
Ph.D INR 74,000 INR 1.75 Lakhs - 1.95 Lakhs
Exec. Certification INR 80,099 - 2.48 Lakhs INR 80,099 - 2.1 Lakhs
PGP INR 8.03 Lakhs INR 7.5 Lakhs
Ph.D Executive INR 4.97 Lakhs INR 4.5 Lakhs - 4.85 Lakhs

IIM Mumbai Application Fees

Students willing to take admission in IIM Mumbai are required to pay some amount as application fees during the time of admission for booking their seat in that course. The details of application fees for some of the top courses are as follows -

  • MBA : INR 1,000 - 18,000
  • PGPEX : INR 1,000 - 9,000
  • Ph.D : INR 1,000 - 2,000
  • BPGP : INR 1,000 - 18,000
  • PGP : INR 2,500
  • Executive PG Program : INR 1,000 - 9,000
  • Ph.D Executive : INR 1,000 - 2,000
  • EMBA : INR 1,000 - 9,000

Note: Please note that the application fees mentioned above are indicative and may change as per the college’s notice. Students are advised to check the official website or visit the campus for updated information.

IIM Mumbai Scholarship & Financial Aid

IIM Mumbai offers a variety of scholarships for meritorious students, helping reduce the overall cost of education and making fees more affordable. Students can avail these scholarships to manage their total course fees within a comfortable budget. The college, along with the government, provides multiple financial aid options. Some of the top government scholarships available for students are listed below:

  • NSP (PM-USP) Yojana
  • National Scholarship for Postgraduate Studies (UGC)

For detailed information check IIM Mumbai Scholarship 2026

Popular Colleges Compared With IIM Mumbai

Students willing to take admission in IIM Mumbai can also check the following options which are quite good as IIM Mumbai and offers same or nearly same quality.

College Name Fees Average Package Return on investment
MDI Gurgaon 17.88 Lakhs 29.5 Lakhs 100%
NMIMS Mumbai 20.35 Lakhs 25.13 Lakhs 100%
IIM Indore 10.13 Lakhs 25.7 Lakhs 100%
FMS Delhi 1.91 Lakhs 45.23 Lakhs 100%
IIFT Delhi 5.06 Lakhs 31.3 Lakhs 100%
IIT Bombay 6.77 Lakhs 23.5 Lakhs 100%
SPJIMR 10.71 Lakhs 33.75 Lakhs 100%
SJMSOM 5.27 Lakhs 28.16 Lakhs 100%

IIM Mumbai Courses and Fees FAQs

Ques. What is the Total fees for MBA at IIM Mumbai?

Ans. The total fees for a MBA at IIM Mumbai range from INR 15 Lakhs - 25.5 Lakhs for the entire course duration. Other specializations, such as MBA in Sustainability Management, Operations & Supply Chain Management have total fees of INR 25.5 Lakhs, INR 25.5 Lakhs, INR 25.5 Lakhs respectively.

Ques. What is the fees for PGPEX at IIM Mumbai?

Ans. The total fees for a PGPEX at IIM Mumbai range from INR 7.5 Lakhs - 16.2 Lakhs for the entire course duration.

Ques. What is the fees for MDP at IIM Mumbai?

Ans. The total fees for a MDP at IIM Mumbai is INR 50,000 for the entire course duration.

Ques. What is the fees for Ph.D at IIM Mumbai?

Ans. The total fees for a Ph.D at IIM Mumbai is INR 74,000 for the entire course duration.

Ques. What is the Total fees for Exec. Certification at IIM Mumbai?

Ans. The total fees for a Exec. Certification at IIM Mumbai range from INR 80,099 - 2.48 Lakhs for the entire course duration. The top specialization, Exec. Certification in Advanced Project Management, has a total fee of INR 2.48 Lakhs.

Ques. What are the other options apart from IIM Mumbai where students can look out?

Ans. Other top options apart from IIM Mumbai includes MDI Gurgaon, NMIMS Mumbai, IIM Indore.

Ques. What is the Application fees for applying for various courses at IIM Mumbai?

Ans. The Application fees for various courses at IIM Mumbai are as follows -

  • MBA : INR 1,000 - 18,000
  • PGPEX : INR 1,000 - 9,000
  • Ph.D : INR 1,000 - 2,000
  • BPGP : INR 1,000 - 18,000
  • PGP : INR 2,500
  • Executive PG Program : INR 1,000 - 9,000
  • Ph.D Executive : INR 1,000 - 2,000
  • EMBA : INR 1,000 - 9,000

Ques. Is IIM Mumbai a good option to apply? How are the placements at IIM Mumbai

Ans. IIM Mumbai is a great option with good ROI. it offers good placements with average package of INR 30.11 Lakhs.

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IIM Mumbai: 16 Answered Questions

Which course should I choose, NITIE Powai or IIT Bombay?

Sourav GoyalPGDPM from National Institute of Industrial Engineering

If you want a career in management then NITIE is the better choice. For a career in the technical sector, you should prefer IIT Bombay. 

Unlike IITs, you will get management job profiles through NITIE placements. It offers better salary packages compared to IITs. In 2022, students of NITIE received an average CTC of INR 25.41 LPA. The growth opportunities for NITIE graduates. You will get to work on the productivity management of companies. 

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How is the profile selection of a candidate done for PGDIM course in NITIE?

Sanskriti Muharjeestudied at National Institute of Industrial Engineering

For PGDIM, NITIE admission is based on CAT score and performance of students in GD and PI. According to the recent cutoff trends, the recruited score is around the 97 percentile. 

You need to have completed BE/B.Tech with 60% aggregate to be eligible for the course. For final selection, students are shortlisted based on academics, work experience, extra-curricular, etc. 

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What is your current package after the NITIE PG course?

Ankur Gargstudied Operations at National Institute of Industrial Engineering (2019)

According to the 2022 placement report, NITIE offers an average CTC of around INR 25.49 LPA. The highest CTC was INR 49 LPA. During 2021 placement drive, the average CTC was INR 19.5 LPA. Other than placements students also got internship offers. The average stipend was INR 1.53 lakhs. 

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Can we use last year's GATE score for NITIE Mumbai 3 PGD courses?

Subham Patrastudied at National Institute of Industrial Engineering (2018)

Yes, you can use last year’s GATE score for getting admission in 3 PGD courses at NITIE Mumbai. Your GATE score will be valid for the next 3 years. So, you can apply for NITIE, within that period, with the same GATE score. You won’t have to take GATE again within the next 3 years. 

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Which is the best course in NITIE Mumbai among PGDIE, PGDIM, PGDISEM, etc.?

Nitin VermaPost Graduate Diploma in Industrial Management, National Institute of Industrial Engineering (2021)

The most important thing you should know is which course will prove to be better for your career, rather than which is the best overall. As some of my friends are from NITIE Mumbai, I can give you a bit of information about PGDIE and PGDIM.

  • Both PGDIE and PGDIM are flagship courses of NITIE.
  • PGDIM is considered to be a management course, whereas PGDIE is a technical course.
  • PGDIE is a more M.Tech equivalent.
  • There are also certain differences between the course curriculum at PGDIE and PGDIM.
  • PGDIE has a batch size of 120. And PGDIM has a batch size of 250.
  • Admissions for PGDIE are done through GATE scores. For PGDIM, CAT scores are considered.
  • The placements of both the courses are good. Students of both these courses sit for placements by almost the same companies.

Therefore, it is suggested that you opt for the one that suits you the best. Ask yourself where your passion lies and will a management course or a technical course be beneficial for you.

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What rank do I need to get into the NITIE with a course in mechanical engineering under the general category?

Debdeep Majumder
Priyam NarsikarStudied at NITIE Mumbai (2019)

One of my friends from NITIE mentions that for the mechanical engineering course under the general category, there are different requirements of GATE score by the college for the admission process. 

  • For the general category, for any branch, the score of GATE is around 650. 
  • There is no branch preference given over any other branches.
  • There are different cut-offs for every year and it depends on a lot of factors. 
  • The factors include the average GATE scores of the students, the total no of received applications, and many others. 
  • The last and final selection depends on factors such as the 10th aggregate, 12th aggregate, graduation aggregate, GATE score, group discussion, and personal interview. 
  • There are different weights for every factor and after all the calculations with their respective weights are done, the final list is prepared.

The GATE score is quite difficult to say as there can be even a waiting list if there is a requirement for the same. Therefore, if a person gets the required minimum GATE score and performs well in the GD and PI round. Then there is a possibility of getting the call as the shifting in the waiting list is not predictable.

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Which type of courses are offered by the NITIE Mumbai through the GATE, MBA or MTech?

Shreya PalitPGDIM from National Institute of Industrial Engineering (2019)

I have friends who study at NITIE Mumbai, and these are the 5 different courses the institute offers:

  1. PGDIM (For Industrial Management)
  2. PGDISEM (For Industrial Safety and Environment Management)
  3. PGDIE (For Industrial Engineering)
  4. PGDPM (For Project Management)
  5. PGDMM (For Manufacturing Management)

Moreover, PGDIM and PGDISEM are equivalent to MBA and require you to appear in CAT exam to enroll in either of them.

Other than these few, PGDIE, PGDPM, and PGDMM are equivalent to M.Tech. The admissions are followed by considering the GATE scores which also helps make students eligible for the regular stipend provided by the government to several of these GATE qualifiers. 

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On assuming the salary package, after clearing the GATE, which is better to choose an MTech in IITs or a management course in NITIE?

Debdeep Majumder
Ashutosh PathakStudies CSE at IIT Kanpur (2020)

The salary package that you receive depends on the type of organization you are part of, and your discipline of study.

For instance, the trend of artificial intelligence is continually spiking, with several similar industrial aspects. So, opting for IOT and M.Tech in fields relevant to these can undeniably bring better opportunities and higher packages in top-tier firms like Microsoft, Oracle and others.

Pursuing a management course from NITIE can also offer large pay packages if you are securing positions in top consulting services or FMCG firms. 

However, comparing an M.Tech program of IIT with a management program of NITIE is not right. But, if you are talking about disciplines like Civil engineering, Mechanical engineering, or Chemical engineering, then choosing the management courses of NITIE instead, can grab you better opportunities. But then again, it depends upon how prepared and thorough you are with your academic credentials.

But don’t choose an institute solely based on its placement record. Choose the field that interests you instead. 

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What is the difference between NITIE and IIM in terms of courses, facilities, academics, placements, etc.?

Deepti GhoseStudied at National Institute of Industrial Engineering (2019)

Here are some of the facts that differentiate NITIE and IIMs. 

Course: 

  • NITIE: The course curriculum is more focused on Operations, Supply Chain Management, Strategy, Consulting, Data Analytics, and Organization Behaviour.
  • IIM: The course curriculum focuses on General Management. Few IIMs are famous for their particular Domains, for instance, IIM C is famous for Finance while IIM L is famous for Marketing.

Facilities: The facilities in NITIE are old IIMs are almost the same. Both NITIE and old IIMS are almost 50+ years old and are run by the MHRD.

Academics: The academic pressure is less at NITIE as compared to old IIMs except for a few courses.

Following are the placement statistics of NITIE and a few old IIMs.

Parameters NITIE IIM L IIM C
Highest CTC  INR 44 LPA INR 51 LPA INR 87.3 LPA
Average CTC  INR 20.8 LPA INR 26 LPA INR 28.7 LPA
Top recruiters EY, IDFC First, Bain & Co, ETLI, Landmark Group Deloitte, Paytm, Jio, Microsoft, PwC BCG, Kepler-Cannon, Goldman Sachs 

The job profiles that are offered at different campuses often differ on the specialty of the institute. NITIE receives some of the best profiles in Operations, SCM, and Consultancy.

For admission, the profile of the student plays a major role in the final selection. Campuses often look for specific profiles to fit in and it varies across different campuses. The CAT cutoff is more or less the same in the range of 98+% for NITIE and old IIMs.

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What course should I list as my 1st preference at NITIE Mumbai? (The options available are PGDMM, PGDPM, and PGDIE.)

Malabika GhoseMBA General Management & Post Graduation in Supply Chain and Operations Management, NITIE (2019)

NITIE offers 5 courses. These 5 courses are as follows. 

  1. Post Graduate Diploma in Industrial Engineering (PGDIE)- This is considered to be the Flagship program offered by NITIE. If you have studied mechanical/production/industrial engineering and are a graduate, it would be very easy for you to understand the curriculum of the course. 
  2. Post Graduate Diploma in Manufacturing Management (PGDM)- If you are a mechanical/production/industrial engineering graduate, you can easily understand this program's curriculum. Civil Engineering graduates are not eligible to apply for this program. 
  3. Post Graduate Diploma in Project Management (PGDPM)- This program would help you to get techno-managerial job opportunities in the industry. Students from any branch of engineering can apply for enrollment in this course.
  4. Post Graduate Diploma in Industrial Management (PGDIM)- This program is one of the oldest programs offered by NITIE and would help you in getting decent job roles in industries. 
  5. Post Graduate Diploma in Industrial Safety and Environment (PGDISE)- This program would help you nourish your interest in safety and sustainability. You will be shortlisted based on your CAT Scores. 

You can make your choice according to your interest. 

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