IIM Mumbai’s new MBA programmes cost less than other IIMs at Rs. 21 lakh

The Indian Institute of Management (IIM) Mumbai held its first board meeting after receiving the IIM status. The institute disclosed its fee structure for management programs, which is set at Rs. 21 lakh, lower than other IIMs. Admission to the programs will be based on the Common Admission Test (CAT). The CAT 2023 examination has seen registrations from 3.3 lakh students. The application fee for general candidates is Rs. 2000. Eligibility criteria for different MBA programs are also outlined.