The Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay, offers flagship management programs, including its renowned MBA program with a total tuition fee of INR 15,55,800 for General, EWS, and OBC candidates and INR 7,15,500 for SC, ST, and PwD candidates. Per-semester living and residential costs include a mandatory mess advance of INR 27,000 and hostel seat rent of INR 19,950, alongside an online application fee of INR 1,600 for General/OBC candidates. The B-School also offers EMBA, Inter-Disciplinary Dual Degree MBA and PhD degree.
Table of Contents
SJMSOM IIT Bombay Courses and Fees Highlights 2026
SJMSOM Courses and Fees 2026
SJMSOM IIT Bombay provides admission in 3 MBA programs and a PhD degree.
SJMSOM MBA Fee Structure 2026
The MBA program at SJMSOM costs around INR 15,55,800 for General, EWS, and OBC and INR 7,15,500 for SC, ST, and PwD for complete course duration. Check the detailed breakdown of MBA fees at SJMSOM IIT Bombay along with admission fee, hostel charges and application fees below/
MBA Semester-Wise Fees
Thetable shows a detailed breakdown of semester-wise fee for MBA program specific to candidate's category. Students from SC, ST, and PwD categories receive a 100% waiver on the primary Tuition Fee component. However, they must still pay the operational and campus utility charges.
MBA Admission Fees
Below are the admitted for MBA program which all students must pay after securing admissions at SJMSOM.
MBA Application Fees
Tabulated below are MBA application fees for SJMSOM specific to the candidate's category.
Mandatory Hostel and Campus Living Costs
Because the MBA program at SJMSOM is residential, students living on the Powai campus must pay accommodation fees each semester. These charges are separate from the core academic billing.
SJMSOM Courses and Fees 2026 FAQs
Is the SJMSOM MBA tuition fee waived for SC/ST students?
Yes. SC, ST, and PwD students receive a 100% tuition fee waiver (amounting to INR 2,00,000 per semester). However, they are still required to pay other semester utility costs, exam fees, and hostel charges.
Does SJMSOM offer institutional scholarships or financial assistance?
Yes. SJMSOM awards academic merit scholarships to 15 to 20 selected MBA students based on internal performance metrics. Additionally, on-campus branches of the State Bank of India (SBI) and Canara Bank provide pre-approved educational loans with competitive interest rates to enrolled students.
Can students pay the entire annual fee in a single installment?
Fees are strictly collected at the start of each semester via the secure IIT Bombay ASC Online Portal. Installments outside the standard semester cycle require prior written approval from the academic dean.
Are non-engineering students eligible for the flagship MBA program?
Yes. SJMSOM accepts applications from non-engineering graduates with a valid CAT score, provided they hold a four-year bachelor's degree or a master's degree with at least 60% aggregate marks.
What is the cancellation and refund policy if a seat is withdrawn?
If a candidate withdraws from the program before the final registration deadline, the institute refunds the fees after deducting a minor processing charge of INR 1,000. Once the semester begins, only the refundable caution and mess deposits are returned.
Is work experience mandatory to apply for the SJMSOM MBA program?
No, work experience is not mandatory. Freshers are entirely eligible to apply. However, full-time work experience is given a 5% weightage during the initial shortlisting phase, meaning candidates with quality corporate exposure get a slight advantage in their overall composite score.
What does the 'Other Specified Fees' component of INR 1,74,300 cover?
This semester component specifically covers your day-to-day corporate training infrastructure. It includes continuous access to advanced computing grids, real-time financial tools like the Bloomberg terminal, digital library licenses, case materials from Harvard Business Publishing, and industry immersion project resources.
Is laptop or tech infrastructure cost included in the semester fees?
No. While the fee covers high-speed campus Wi-Fi, institutional email access, and computer labs, students are required to bring their own personal laptops. The laptop must meet the minimum hardware configuration specified by the school's IT committee before classes start.
