Indian Institute of Management Mumbai Fees: The Indian Institute of Management (IIM) Mumbai, formerly known as the National Institute of Industrial Engineering (NITIE), has revised the fee structure for the MBA programme. IIM Mumbai, which recently attained its IIM status earlier this year, will now charge a Rs 21 lakh tuition fee for the academic year 2024-25. Interestingly, the fee structure of the newest IIM is slightly lower than the fees charged by the top IIMs, including Ahmedabad, Calcutta, and Bangalore.
According to the National Institutional Ranking Framework 2023 (NIRF), the Indian Institute of Management Ahmedabad bagged the first position, whereas IIM Bangalore stood in the second position, and IIM Kozhikode took the third rank. Among the top 10 management institutes, two IITs including IIT Delhi and Mumbai have also made it to the list as per the latest rankings shared by the NIRF.
Every year, lakhs of candidates aspire to enroll in India’s top IIMs in order to pursue an MBA. Meanwhile, it must be considered that MBA programmes are considered as one of the most expensive courses in India to pursue.
Here are the top 10 IIMs in India in accordance with the NIRF ranking 2023. Also, candidates can take a look at the fee structure of MBA courses in the top 10 IIMs in the country.
|Name of the IIM||Course||Fee Structure|
|IIM Ahmedabad||Postgraduate Programme (PGP) in management||Rs. 25,00,000/- (inclusive of tuition fees of Rs 18,19,000/-).|
|IIM Banglore||Postgraduate Programme (PGP) in management||Rs. 24,50,000|
|IIM Kozhikode||Postgraduate Programme (PGP) in management||Rs. 20,50,000/|
|IIM Calcutta||MBAX||Rs. 31,00,000/-|
|IIT Delhi||MBA||Rs. 11,20,000-/|
|IIM Lucknow||MBA||Rs. 20,75,000-/|
|IIM Mumbai||Postgraduate Programme (PGP) in management||Rs. 21, 00,000-/|
|IIM Indore||Post Graduate Programme in Management (PGP)||Rs. 21,17,158-/|
|Xavier School of Management||Post Graduate Diploma in Management (PGDM)||Rs. 23,15,000-/|
|Indian Institute of Technology Bombay||MBA||Rs. 3,63,100-/ (Per Semester)|
Note: All the information given in the table is taken from the official websites of the mentioned IIMs
Needless to say, India’s top 10 IIMs have established a legacy of delivering exceptional management education over the years. Their flagship programmes equip students with a robust business management and leadership skills foundation.