SJMSOM IIT Bombay Fees Structure 2025: Shailesh J. Mehta School of Management (SJMSOM) at IIT Bombay is one of India’s premier management institutes, offering world-class education in business and management. Every year, students from across the country aspire to join its MBA, Executive MBA, Ph.D., and integrated programs. While the academic reputation is a big draw, understanding the fee structure is equally important for planning your education.
This article provides a detailed breakdown of the SJMSOM IIT Bombay Fees Structure 2025, covering all major programs, additional costs like hostel fees, and key points about financial aid and fee revisions. Whether you’re considering a full-time MBA or a doctoral program, this guide will help you get a clear picture of the expenses involved.
SJMSOM IIT Bombay Fees Structure 2025
The SJMSOM IIT Bombay Fees Structure 2025 varies depending on the program. The fees include tuition, hostel charges, one-time payments, and other miscellaneous costs. It’s important to note that fees may be revised annually, so candidates should always refer to the official website for the latest updates.
Let’s explore the fee details for each course offered by SJMSOM and IIT Bombay.
Overview Table: SJMSOM IIT Bombay Fees Structure 2025
| Program | Duration | Total Fees (Approx.) | First-Year Fees |
| MBA | 2 Years | ₹ 14.02 – ₹ 14.77 Lakhs | ₹ 7.18 Lakhs |
| Executive MBA (EMBA) | 1.5 Years | ₹ 42 Lakhs | Full Payment |
| Ph.D. | 3 Years | ₹ 96,000 | ₹ 1.50 Lakhs* |
| B.Tech + MBA (Finance) | 2.75 Years | Varies | ₹ 7.13 Lakhs |
| B.Sc + MBA | 5 Years | Varies | ₹ 7.13 Lakhs |
| M.Tech (IIT Bombay) | 2-5 Years | ₹ 1.2 – ₹ 10 Lakhs | ₹ 66,700 |
*Ph.D. first-year fee applies to non-concessional category. Concessional rates may be available.
MBA Program Fees
The flagship MBA program at SJMSOM is a two-year full-time course. The total cost for the MBA ranges between ₹ 14.02 Lakhs to ₹ 14.77 Lakhs, depending on the batch and components included.
- First-Year Fees: Approximately ₹ 7.18 Lakhs.
- This includes tuition, registration, examination fees, and some one-time charges.
- Hostel Fees: Around ₹ 1.68 Lakhs for two years, which may vary depending on accommodation type.
- Additional costs like security deposits and miscellaneous charges are also applicable.
The variation in reported total fees could be due to the inclusion of different components like hostel, mess charges, or refundable deposits.
Executive MBA (EMBA) Fees
The Executive MBA (EMBA), offered in collaboration with Olin Business School, Washington University, is designed for working professionals. This 1.5-year program has a premium fee due to its global exposure and curriculum.
- Total Fee: Approximately ₹ 42 Lakhs for the entire course.
- This fee typically includes tuition, international residencies, course materials, and other academic expenses.
Since this is a specialized executive program, students should also account for travel and personal expenses during international modules.
Ph.D. Program Fees
For research scholars, the Ph.D. program at SJMSOM offers an affordable education:
- Total Fees: Around ₹ 96,000 for the full three-year duration.
- First-Year Fees: Approximately ₹ 1.50 Lakhs for non-concessional candidates.
- Concessional fee options are available for eligible students, significantly reducing costs.
Ph.D. candidates may also receive stipends or fellowships, easing the financial burden further.
Integrated Programs Fees
SJMSOM, as part of IIT Bombay, offers integrated programs like:
- B.Tech + MBA (Finance):
- First-Year Fees: Around ₹ 7.13 Lakhs.
- Total duration is 2.75 years after completing B.Tech requirements.
- First-Year Fees: Around ₹ 7.13 Lakhs.
- B.Sc + MBA:
- First-Year Fees: Also ₹ 7.13 Lakhs.
- Total duration is 5 years.
- First-Year Fees: Also ₹ 7.13 Lakhs.
These integrated programs combine technical education with management, offering a comprehensive academic pathway.
M.Tech Fees at IIT Bombay
Though not directly under SJMSOM, IIT Bombay’s M.Tech programs are relevant for students considering advanced technical education:
- Total Fees: Range between ₹ 1.2 Lakhs to ₹ 10 Lakhs, depending on specialization and duration.
- First-Year Fees: Around ₹ 66,700 for certain streams.
Students enrolled in M.Tech may also opt for management electives offered by SJMSOM, blending technology with management skills.
Hostel Fees and Other Charges
- Hostel Fees: Approximately ₹ 1.68 Lakhs for two years in the MBA program. This figure includes room rent but excludes mess charges.
- Additional Costs: Admission fees, security deposits (refundable), registration, and exam fees are part of the overall expense.
- Students should also budget for personal expenses, study materials, and travel if required.
Scholarships and Financial Aid
SJMSOM and IIT Bombay offer various financial aid options:
- Merit-Based Scholarships: For top-performing students.
- Need-Based Assistance: Available for economically weaker sections.
- Educational Loans: Many banks provide loans for SJMSOM students due to IIT Bombay’s reputation.
- Ph.D. scholars often receive stipends or grants to support their research.
Candidates should visit the official SJMSOM and IIT Bombay websites to explore available schemes and apply within deadlines.
Fee Revisions and Important Notes
- The SJMSOM IIT Bombay Fees Structure 2025 is subject to periodic revisions.
- Economic factors, policy changes, or updates in curriculum offerings can impact the total fee.
- Always refer to the official website before making financial decisions related to admission.
- For international programs like EMBA, currency fluctuations may also influence costs.
FAQs on SJMSOM IIT Bombay Fees Structure 2025
1. What is the total fee for the MBA program at SJMSOM IIT Bombay?
The total fee is approximately ₹ 14.02 to ₹ 14.77 Lakhs for two years.
2. Are hostel fees included in the MBA fee structure?
No, hostel fees are separate and estimated at ₹ 1.68 Lakhs for two years.
3. How much does the Executive MBA cost?
The EMBA program costs around ₹ 42 Lakhs for 1.5 years.
4. Is financial aid available for SJMSOM students?
Yes, scholarships and loan facilities are available for eligible students.
5. Can the fees change after admission?
Yes, fees are subject to revision, so it’s important to stay updated via the official website.
Final Thought
Understanding the SJMSOM IIT Bombay Fees Structure 2025 is essential for anyone planning to pursue management education at this prestigious institute. Whether you’re aiming for an MBA, EMBA, Ph.D., or an integrated program, being aware of the costs will help you plan better financially.
For the most accurate details, always refer to the official SJMSOM website before applying. If you found this guide helpful, feel free to share it with fellow aspirants or leave a comment with your questions. For more updates on management education and career tips, explore our latest articles!
