Question 1

What is the fee for Master of Business Administration (MBA) at Indian Institute of Management (IIM) Mumbai?

Accepted Answer

The total fee for Master of Business Administration (MBA) at Indian Institute of Management (IIM) Mumbai is approximately ₹21.00 lakhs.

Question 2

What are the eligibility criteria and entrance exams?

Accepted Answer

For the full-time MBA programs, candidates need a bachelor’s degree (minimum 50% marks, 45% for SC/ST/PwD) from a recognized university

The key entrance test is the CAT; for MBA (OSCM), GATE scores are also accepted (engineering streams)
Shortlisted applicants then go through personal interviews. Final selection is based on CAT (and GATE where applicable), academic record, and other profile factors. Executive programs (VLFM, etc.) require a bachelor’s degree plus relevant work experience, and selection typically involves interviews/SOPs as detailed on the institute website.

Question 3

What is the average placement package?

Accepted Answer

The average package was ₹25.4 LPA.

Question 4

What was the cutoff in 2023–24?

Accepted Answer

CAT 2023 cutoff was around 97 percentile for general category.

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