Mumbai University MFM : Fees, Admission 2026, Eligibility, Placement, How To Apply

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Venushree Agarwal Venushree Agarwal | Oct 7, 2025
Venushree Agarwal
Venushree Agarwal

Updated on - Oct 7, 2025

Mumbai University MFM Fees & Courses List

Specialization Duration Tuition Fees
Master in Financial Management (MFM) 3 Years ₹1.53 LPA

Mumbai University MFM Course Highlights

Course Name MFM
Course Level Masters Program
Duration 3 Years
Average Fees ₹ 1,53,000
Mode Offline

Mumbai University MFM Eligibility

Educational Qualification Required Eligibility
Completed Bachelors 50 %

The MFM program at Mumbai University, offered through JBIMS, focuses on developing expertise in financial planning, investment strategies, and risk management. Spanning three years, it combines classroom learning with industry-oriented projects, ensuring graduates are ready for roles like financial analyst, investment banker, and corporate treasurer.

  • Duration: 3 years (part-time, suitable for working professionals)
  • Offered by: Jamnalal Bajaj Institute of Management Studies (Autonomous)
  • Focus Areas: Corporate finance, financial markets, portfolio management, and strategic financial decision-making
  • Mode: Offline, with evening classes to accommodate professionals

Mumbai University MFM Fees 2026

The total fee for the MFM program at Mumbai University for the academic year 2025-26 is ₹1,53,000 per year, totaling ₹4,59,000 for the 3-year course. This includes tuition, examination, and library fees, as per the official Mumbai University website.

Fee Component Amount (₹/Year)
Tuition Fee 1,20,000
Examination Fee 15,000
Library & Other Fees 18,000
Total 1,53,000

Note: Hostel fees, if applicable, range from ₹10,000–₹30,000 per semester, and mess charges are ₹15,000–₹25,000 per semester. For detailed fee breakdowns, visit Mumbai University Courses and Fees.

Mumbai University MFM Admission 2026

Admission to the MFM program for 2026 at Mumbai University is entrance-based, requiring candidates to qualify through exams like MAH MBA CET, CAT, CMAT, MAT, or XAT, followed by a Group Discussion (GD) and Personal Interview (PI). The process is managed through the university’s admission portal.

Eligibility Criteria for MFM 2026

  • Educational Qualification: Bachelor’s degree in any discipline from a recognized university with a minimum of 50% marks (45% for SC/ST).
  • Work Experience: Minimum 2 years of work experience in a managerial or executive role, preferred but not mandatory.
  • Entrance Exams: MAH MBA CET, CAT, CMAT, MAT, or XAT.

Admission Process for MFM 2026

  1. Apply online via mu.ac.in or Mumbai University Admission portal (muadmission.samarth.edu.in).
  2. Submit required documents (degree certificates, work experience proof, entrance exam scorecard).
  3. Pay the application fee: ₹1,000 (General/OBC), ₹500 (SC/ST).
  4. Appear for GD/PI rounds conducted by JBIMS.
  5. Check merit list or counselling results on the official website.
  6. Complete document verification and pay the admission fee (₹5,000, non-refundable).

Important Admission Dates for MFM 2026

Event Date
Application Start Date January 15, 2026
Last Date to Apply April 30, 2026
GD/PI Rounds May 10–20, 2026
Merit List Release June 5, 2026
Admission Confirmation June 10–15, 2026

Mumbai University MFM Cutoff 2026

The expected cutoff for MFM admission in 2026 at Mumbai University, based on MAH MBA CET, is around 95–98 percentile for the General category. For other exams like CAT, the cutoff is typically 85–90 percentile. Check the latest cutoffs at Mumbai University Cutoff.

Entrance Exam Expected Cutoff 2026 (Percentile)
MAH MBA CET 95–98
CAT 85–90
CMAT 90–95
MAT 90–95
XAT 85–90

Mumbai University MFM Placements 2026

Mumbai University’s MFM program, offered through JBIMS, boasts a strong placement record. In 2024, the highest package was ₹20 LPA, with an average package of ₹12 LPA for PG 2-year courses, as per the Mumbai University Placements report. Top recruiters include Deloitte, HDFC Bank, ICICI Bank, and Morgan Stanley.

Placement Metric Details (2024)
Highest Package ₹20 LPA
Average Package ₹12 LPA
Median Package ₹10 LPA
Top Recruiters Deloitte, HDFC Bank, ICICI Bank, Morgan Stanley, TCS
Placement Rate 95% (MBA/MFM)

Key Roles Offered: Financial Analyst, Investment Banker, Risk Manager, Corporate Treasurer.

Mumbai University MFM Scholarships 2026

Mumbai University offers scholarships to support MFM students, including merit-based and need-based options. For detailed eligibility, visit Mumbai University Scholarships.

Scholarship Name Eligibility Amount (₹)
Krishna Kumari Varma Memorial Award Top academic performers 10,000–20,000
Maha DBT Scholarship SC/ST/OBC students Up to 50% of tuition fees
Merit Scholarship Students with 75%+ in qualifying exam 5,000–15,000

Why Choose Mumbai University MFM?

The MFM program at Mumbai University stands out for its industry-aligned curriculum, experienced faculty, and strong placement support. JBIMS, a premier institute under Mumbai University, is renowned for its legacy in management education, offering:

  • Access to Mumbai’s financial hub, with networking opportunities in banking and finance sectors.
  • Part-time format, ideal for working professionals balancing career and education.
  • Robust alumni network, with notable leaders in finance and corporate sectors.
  • Affordable fees compared to other top B-schools (₹4,59,000 total vs. ₹10–20 lakh elsewhere).

MFM Course Structure and Curriculum

The MFM curriculum at Mumbai University is designed to provide in-depth knowledge of financial management, with a focus on practical applications. Key subjects include:

  • Financial Accounting and Analysis
  • Corporate Finance
  • Investment Management
  • Risk Management and Derivatives
  • International Finance

Learning Approach: Case studies, industry projects, and guest lectures by finance experts.

Mumbai University MFM Rankings 2026

Mumbai University, including JBIMS, is highly ranked for its management programs. In 2025, it was ranked 21st among Indian universities by QS Asia Rankings and 12th among state public universities by NIRF.

Ranking Body Rank (2025) Criteria
QS Asia 21 Indian Universities
NIRF 12 State Public Universities

Facilities for MFM Students

MFM students at JBIMS benefit from Mumbai University’s world-class facilities, including:

  • Knowledge Resource Centre: Access to extensive financial journals and databases.
  • Virtual Classrooms: Interactive learning with A-VIEW technology.
  • Guest House: Affordable accommodation for outstation students (₹10,000–₹30,000/semester).
  • Career Training Cell: Workshops on resume building, interview skills, and networking.

Mumbai University MFM Courses List

Master in Financial Management (MFM)

Full Time • Offline

₹ 1,53,000 ( 3 Years)

FAQs on Mumbai University MFM

Q: What is the MFM program at Mumbai University?

A:

The MFM program at Mumbai University, offered through JBIMS, is a 3-year part-time course designed for working professionals. It focuses on financial planning, investment strategies, risk management, and corporate finance.

Q: What are the eligibility criteria for Mumbai University MFM 2026?

A:

To apply for Mumbai University MFM 2026, you need a bachelor’s degree with at least 50% marks (45% for reserved categories) and work experience of 2 years is preferred. Candidates must also qualify in MAH MBA CET, CAT, CMAT, MAT, or XAT.

Q: What is the fee structure for Mumbai University MFM?

A:

The total fee for the Mumbai University MFM program is ₹4,59,000 for 3 years, with an annual fee of ₹1,53,000. This includes tuition, exams, and library charges. Hostel and mess fees are extra.

Q: What are the placements after Mumbai University MFM?

A:

Mumbai University MFM graduates have strong placements, with top recruiters like Deloitte, HDFC Bank, ICICI Bank, and Morgan Stanley. Average package is ₹12 LPA, highest ₹20 LPA, with roles like Financial Analyst, Investment Banker, and Corporate Treasurer.

Q: Are scholarships available for Mumbai University MFM students?

A:

Yes, scholarships at Mumbai University MFM include the Krishna Kumari Varma Award, Maha DBT Scholarship, and merit-based scholarships, covering up to 50% of tuition for eligible candidates.

Q: What is the MFM course structure at Mumbai University?

A:

The Mumbai University MFM curriculum covers Financial Accounting, Corporate Finance, Investment Management, Risk Management, Derivatives, and International Finance, with practical case studies, industry projects, and guest lectures.

Q: How can I apply for Mumbai University MFM 2026?

A:

Apply online at muadmission.samarth.edu.in or Mumbai University portal (mu.ac.in). Submit degree certificates, work experience proof, and entrance exam scorecards, pay the application fee, and attend GD/PI rounds at JBIMS.

 

Other Courses Offered by Mumbai University

Course Duration Average Fees
MBA 2 Years ₹1,53,000
MCA 2 Years ₹2,70,000
MSc 2 Years ₹23,801
MA 2 Years ₹36,977
M.Arch 2 Years ₹22,825
MTech 2 Years ₹60,000
MMS 2 Years --
LLM 2 Years ₹10,240
M.Ed 2 Years ₹5,263
M.Com 2 Years ₹2,000
MPA 2 Years ₹85,930
MIM 2 Years ₹1,53,000
MMM 2 Years ₹1,53,000
M.Phil 2 Years ₹10,158
MSW 2 Years ₹60,000
MFA 2 Years ₹85,930
M.P.Ed 2 Years ₹46,640
M.Lib.I.Sc 1 Year ₹12,820
ME 2 Years ₹64,091
MTA 2 Years ₹57,325

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