Shailesh J. Mehta School of Management, IIT Bombay (SJMSOM) Courses & Fee Structure

SJMSOM’s flagship full-time MBA is a two-year programme at IIT Bombay, Powai. For the 2026-28 batch, the school lists a total programme fee of ₹15,55,800 for General, EWS and OBC-NCL students and ₹7,55,800 for SC, ST and PwD students. These are cohort-specific totals from the school’s current fee schedule, not a quote for 2027-29. The schedule separately describes optional hostel and mess charges and refundable deposits, so compare the fee components before budgeting.

What the 2026-28 fee totals include

The school’s fee page labels the General/EWS/OBC-NCL total as ₹15,55,800 and the SC/ST/PwD total as ₹7,55,800. Tuition is ₹2 lakh in each of four semesters for the first group and shown as zero for the second. The difference between the category totals is therefore explained by the semester tuition entries; the schedule does not describe the lower figure as a scholarship or a reimbursement. Admission fees of ₹16,000 and refundable institute and library security deposits totalling ₹10,000 are listed separately from tuition. The page’s headline total and semester table should be read together, because a student’s cash due at admission also depends on the chosen accommodation and mess options.

For each semester, the schedule lists registration and examination charges of ₹2,400, Gymkhana ₹2,400, student benevolent fund ₹800, SAIF insurance ₹400, medical fee ₹2,150 and other specified fees ₹1,74,300. Its displayed semester total is ₹3,82,450 for General/EWS/OBC-NCL and ₹1,82,450 for SC/ST/PwD. Across four semesters these add to ₹15,29,800 and ₹7,29,800 respectively; with the listed ₹16,000 admission charges and ₹10,000 refundable deposits, the arithmetic matches the headline programme totals. The ₹10,000 security amount remains refundable under the schedule’s label, while the ₹16,000 admission charges are non-refundable.

Hostel and mess are separate choices

The schedule marks hostel and mess as optional if availed. It lists ₹20,250 as hostel fees (electricity and water ₹4,000, amenities fund ₹2,100 and hostel charges ₹9,150, plus a ₹5,000 mess security deposit in the displayed grouping) and a mess advance of ₹27,000 per semester. The page calls ₹47,250 the total hostel fees payable when the listed ₹27,000 mess advance is added. It also says the mess advance is payable each semester when hostel/mess is used. Because the page’s initial-deposit table distinguishes hostel deposits with and without the mess advance, verify the current demand notice for the precise timing and whether any item is refundable before transferring funds.

For offer acceptance, the 2026-28 schedule shows an initial deposit of ₹4,28,700 for General/EWS/OBC-NCL or ₹2,28,700 for SC/ST/PwD when hostel is selected without the mess advance; including the advance, the respective amounts shown are ₹4,55,700 and ₹2,55,700. These are initial payments in the published batch schedule, not additional amounts to add blindly to the programme total: they comprise amounts payable at acceptance. Personal travel, daily living and any fee revisions are not separately priced by this schedule. Applicants should ask the institute for a current written breakdown if their offer letter differs.

MBA structure and learning sequence

The 2026-28 MBA course bulletin lists 80 credits across the first four terms: 20 in term one, 24 in term two, 20 in term three and 16 in term four. Core subjects include accounting, microeconomics, statistics, marketing, finance, information systems, operations, technology management, corporate strategy, organisational behaviour, research methods, governance and legal aspects. The listed second-year requirement is 57 credits, bringing the bulletin total to 137 credits. It specifies 12-18 elective credits in each term, a two-credit summer project course in the first second-year term, and a six-credit final project in the last term. Check the live bulletin for the exact registration rules for your batch.

The school describes the MBA as a general management degree rather than a fixed specialisation. Students can choose second-year electives across areas such as operations and technology, quantitative methods, finance, marketing, human resources, international business, economics and strategy, and information technology. The school also says institute and approved courses from other IIT Bombay academic units may be available. This breadth can help students shape a functional focus, but elective availability and approval are subject to the current course offering and registration rules; do not treat an elective list as a guaranteed timetable.

How to compare the cost with the curriculum

Budget using the category total that matches the official offer, then add only the accommodation, mess and personal expenses that apply to you. Keep refundable deposits distinct from non-refundable charges, and use the semester schedule to plan cash flow rather than dividing the headline sum evenly without checking the timing. For a residential student, the displayed ₹27,000 mess advance recurs each semester if mess is availed; it is not a one-time amount.

The fee schedule reviewed is specifically for 2026-28. It does not establish the 2027-29 fee, hostel availability, payment deadlines or revised component names. The 2026-28 bulletin likewise is the published course structure for that cohort. Before accepting a future offer, compare the offer letter and current fee notice with the programme bulletin, confirm the refund rules and payment calendar with SJMSOM, and ask which electives and projects will actually run in your year. The official fee, MBA programme, course bulletin and electives pages are the controlling places to recheck those details.