SJMSOM fees for 2026 are ₹15,15,500 for MBA, covering tuition, registration, gymkhana, and other components for General/EWS/OBC-NCL categories, and ₹7,15,500 for SC/ST/PwD. Hostel fees are ₹1,58,000 annually, with mess charges at approximately ₹30,000 per semester and a one-time caution deposit of ₹5,000 (refundable). These costs ensure access to world-class facilities and a vibrant campus life at IIT Bombay.
With scholarships covering up to 100% for eligible categories and a 100% MBA placement rate (₹28.01 LPA average in 2024), SJMSOM offers strong ROI, with a payback period of roughly 0.5–1 year. Explore the detailed SJMSOM fee structure, eligibility, and financial aid options for 2026.
SJMSOM Fee Structure 2026
With specialized programs including MBA, Executive MBA, and PhD, SJMSOM caters to diverse career aspirations in management and research. Over 150 seats across AICTE-approved programs emphasize innovation, leadership, and entrepreneurship at IIT Bombay.
| Course | Total Fees | Eligibility |
|---|---|---|
| MBA | ₹15,15,500 | Bachelor’s with 60% + CAT |
| Executive MBA | ₹12,00,000 | Graduation + 3 Years Experience |
| PhD | ₹50,000 (nominal) | Master’s with 60% + CAT/GMAT/GRE |
For course-wise admission details, including application processes and selection criteria tailored for 2026, visit SJMSOM Admission.
SJMSOM MBA Fees 2026
The SJMSOM fee for MBA totals ₹15,15,500 for two years for General/EWS/OBC-NCL and ₹7,15,500 for SC/ST/PwD, covering tuition and academic charges. With 115 seats, this program equips students for leadership roles at top firms like Accenture and Amazon, boasting a 2024 average package of ₹28.01 LPA.
| Component | Amount (General) | Amount (SC/ST/PwD) |
|---|---|---|
| Tuition Fees | ₹13,00,000 | ₹5,00,000 |
| Registration & Gymkhana | ₹1,40,000 | ₹1,40,000 |
| Other Charges | ₹75,500 | ₹75,500 |
| Total Fees | ₹15,15,500 | ₹7,15,500 |
- Mess Charges: Approximately ₹30,000 per semester is charged separately to cover dining expenses, ensuring quality meals and flexibility for students.
- Alumni Fee: Included in other charges, granting lifelong access to SJMSOM’s alumni network and events.
- Focus: The MBA curriculum emphasizes operations, finance, marketing, and analytics, preparing students for diverse roles in global corporations.
- ROI: With an average placement package of ₹28.01 LPA, the MBA offers a payback period of ~0.5 years, making it a high-value investment.
SJMSOM Executive MBA Fees 2026
SJMSOM fees for Executive MBA are ₹12,00,000 for two years, designed for professionals with 3+ years of experience. With 60 seats, it blends classroom and case-based learning for flexibility.
| Component | Amount |
|---|---|
| Tuition Fees | ₹11,00,000 |
| Other Charges | ₹1,00,000 |
| Total Fees | ₹12,00,000 |
The Executive MBA program combines weekend classes with residential modules, enabling working professionals to balance career and education.
SJMSOM PhD Fees 2026
SJMSOM fees for PhD are nominal at ₹50,000 for the program, targeting research-driven careers. PhD candidates receive stipends up to ₹35,000/month plus HRA.
| Program | Total Fees |
|---|---|
| PhD | ₹50,000 |
- Focus: The program emphasizes advanced research in management areas like operations, finance, and strategy, preparing candidates for academia and industry research roles.
- ROI: With low fees and stipends up to ₹35,000/month, the PhD offers high financial returns for research-focused careers.
SJMSOM Hostel Fees 2026
SJMSOM hostel fees are ₹1,58,000 annually for single or twin-sharing rooms on the IIT Bombay campus, offering modern amenities like Wi-Fi and sports facilities.
| Program | Hostel Fees |
|---|---|
| MBA/Executive MBA/PhD | ₹1,58,000 |
- Facilities: Hostels include high-speed Wi-Fi, laundry, gym, and recreational areas, ensuring a comfortable living experience for students.
- Deposit: A refundable deposit of ₹5,000 is required, returned post-program if no damages are incurred to hostel facilities.
The serene 550-acre campus provides access to libraries, labs, and entrepreneurial hubs, enhancing the overall student experience. For insights into daily life and infrastructure, explore SJMSOM Campus.
How SJMSOM Fees Compare with Other IITs
SJMSOM offers competitive value for money with its MBA fees, placement outcomes, and robust industry connections. Below is the institute's comparison with IIT Delhi and IIT Madras, highlighting fee structures and placement packages to showcase their cost-effectiveness.
| College | MBA Fees | Avg. Placement (2024) |
|---|---|---|
| SJMSOM IIT Bombay | ₹15,15,500 | ₹28.01 LPA |
| IIT Delhi DMS | ₹14,00,000 | ₹25.68 LPA |
| IIT Madras DoMS | ₹10,00,000 | ₹20.19 LPA |
- SJMSOM IIT Bombay: Strong ROI with a high average package and top-tier recruiters like JPMC, offering excellent value for its analytics-focused curriculum.
- IIT Delhi DMS: Balanced fees with solid placements, ideal for students seeking policy and consulting roles.
- IIT Madras DoMS: Most affordable among the three, with growing placements in tech and operations sectors.
Prospective students can review category-wise qualifying scores and trends at SJMSOM Cutoff to align their preparation with admission chances.
SJMSOM Scholarships and Financial Aid
SJMSOM offers 15-20 merit-based scholarships worth up to ₹2 crore annually for MBA and PhD students. Government schemes and bank loans further reduce financial barriers.
- Merit-based Scholarship: Up to 100% tuition waiver for high-performing students, supporting academic excellence and affordability.
- SC/ST Scholarships: Full tuition waivers through government schemes like Post-Matric Scholarship, ensuring access for underprivileged students.
- Bank Loans: Tie-ups with SBI and HDFC offer 7–9% interest loans, with no collateral required for up to ₹15 lakh.
Check details on available aids, including application timelines for 2026, at SJMSOM Scholarships.
SJMSOM Placements and ROI
SJMSOM’s 2024 placements recorded a 100% rate, with an average package of ₹28.01 LPA and a highest of ₹72.00 LPA for MBA, ensuring a payback period of ~0.5–1 year.
- Top Recruiters: Leading companies like Accenture Strategy, Amazon, HUL, JPMC, and PwC regularly recruit, offering diverse roles across sectors.
- Highest Package: ₹72.00 LPA in 2024 for MBA graduates, reflecting strong demand for SJMSOM’s talent in top-tier firms.
- Average Package: ₹28.01 LPA in 2024 for MBA, showcasing consistent placement outcomes and high earning potential.
- ROI: With a payback period of ~0.5 years for MBA at the average package, SJMSOM offers excellent financial returns.
The placement cell organizes targeted training and industry interactions to maximize opportunities. For comprehensive statistics, including sector-wise breakdowns and recruiter profiles, visit SJMSOM Placements.
