| Specialization | Duration | Tuition Fees |
| Master in Financial Management (MFM) | 3 Years | ₹1.53 LPA |
| Course Name | MFM |
| Course Level | Masters Program |
| Duration | 3 Years |
| Average Fees | ₹ 1,53,000 |
| Mode | Offline |
| 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.
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.
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.
| 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 |
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’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 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 |
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:
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:
Learning Approach: Case studies, industry projects, and guest lectures by finance experts.
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 |
MFM students at JBIMS benefit from Mumbai University’s world-class facilities, including:
Q: What is the MFM program at Mumbai University?
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?
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?
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?
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?
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?
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?
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.
| 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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