SJMSOM Mumbai, Mumbai - Fee Structure & Course Fees 2025

Understanding the fee structure of the Shailesh J. Mehta School of Management (SJMSOM) at IIT Bombay is crucial for prospective students planning their educational journey. SJMSOM offers a range of programs, each with its distinct fee components. This comprehensive guide provides a detailed overview of the fees associated with various programs, additional charges, and a comparison with other IITs offering MBA programs.

Fee Structure for SJMSOM IIT Bombay

MBA/PGDM Programs

The total fee for the MBA program ranges from ₹8 lakh to ₹20 lakh, encompassing all components.

Other Programs

Detailed Components of SJMSOM Fees

Tuition Fees

• MBA/PGDM: Starting at ₹2.69 lakh, the tuition fee for the MBA program can escalate up to ₹20 lakh, depending on course specifics and student category.
• Undergraduate (B.E./B.Tech): A fixed tuition fee of ₹20 lakh for the entire program.
• Executive Programs: The Executive MBA/PGDM carries a higher tuition fee of ₹42 lakh.
• Ph.D. Programs: The doctoral program requires a tuition fee of ₹96,000.

 Hostel Charges

• MBA/PGDM Hostel Fee: ₹1.68 lakh for the two-year duration, covering accommodation and meal plans. Actual costs may vary based on the semester and specific hostel facilities.

Other Expenses

• Medical Insurance: Coverage for medical needs during the program duration.
• Alumni Fees: Contributions towards the alumni association.
• Miscellaneous Charges: Includes various administrative and facility-related expenses.

Additional Fees

Comparison with Other IITs Offering MBA Programs

When compared to other Indian Institutes of Technology (IITs) offering MBA programs, SJMSOM's fee structure is competitive and reflects the quality of education and facilities provided. For instance:

• DMS IIT Delhi: The Management program at DMS IIT Delhi has a similar fee range, ensuring that students receive value commensurate with their investment.
• Other IITs: Fees across IITs may vary slightly based on location, infrastructure, and specific program offerings, but SJMSOM maintains a consistent and transparent fee structure.

Frequently Asked Questions (FAQs)

Q: What is the fee structure for the MBA program at SJMSOM IIT Bombay?

A: The fee for the MBA program at SJMSOM IIT Bombay ranges from ₹8 lakh to ₹20 lakh for the entire course. This includes tuition fees, hostel charges, and other expenses. The exact fee varies based on the student's category and any additional charges applicable during the program.

Q: What are the components included in the SJMSOM IIT Bombay MBA fees?

A: The MBA fees at SJMSOM IIT Bombay typically include:

• Tuition Fees: The primary component varies based on the student's category.
• Hostel Charges: Fees for accommodation and mess facilities.
• Other Expenses: These may include medical insurance, alumni fees, and miscellaneous charges.

Q: How does the fee structure compare to other IITs offering MBA programs?

A: Compared to other IITs offering MBA programs, SJMSOM IIT Bombay's fee structure is competitive. While fees may vary slightly across institutions, SJMSOM provides a comprehensive education package that justifies the investment, similar to its IIT counterparts.

Q: Are there any additional fees apart from tuition and hostel charges?

A: Yes, additional fees include admission fees, graduation transcript fees, medical examination fees, provisional certificate fees, student welfare fund, modernization and upgradation charges, and identity card fees. These are typically one-time or semester-based charges that support various administrative and facility-related services.

Q: What is the total tuition fee for undergraduate programs at SJMSOM IIT Bombay?

A: The total tuition fee for undergraduate programs such as B.E. or B. Tech at SJMSOM IIT Bombay is ₹20 lakh for the entire program.

Q: Is there a difference in fees for executive programs compared to regular MBA programs?

A: Yes, the Executive MBA/PGDM programs at SJMSOM IIT Bombay have a higher tuition fee of ₹42 lakh compared to the regular MBA program, reflecting the advanced curriculum and additional resources allocated for executive education.

Q: What financial support options are available for students at SJMSOM IIT Bombay?

A: While not detailed in the fee structure, SJMSOM IIT Bombay typically offers scholarships, loans, and other financial assistance options to eligible students to help manage the cost of education.

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