Table of Contents
Keytakeaways
• BITSoM MBA Fees for the 2-year program is approximately ₹24.5 lakhs, including tuition, learning materials, and essential campus services.
• Over 120 students in the 2023 batch with 42% female representation and academic backgrounds spanning engineering (65%), commerce (18%), and humanities (17%).
• Graduates earn an average starting package of ₹19.3 lakhs annually, with top performers receiving up to ₹25 lakhs from leading corporations.
• Financial Assistance: Merit scholarships covering up to 50% of tuition fees are available, along with education loan partnerships with major banks.
Choosing the right MBA program is about more than just reputation, it’s also about understanding the full financial commitment you’ll be making. With the rising interest in BITSoM as a top-tier business school in India, knowing the exact BITSoM MBA fees, along with living expenses and optional programs, becomes crucial. This guide offers a clear, detailed view of what to expect when budgeting for your MBA journey at BITSoM. Whether you’re comparing BITSoM against other top B-Schools or preparing your finances, this breakdown will help you make confident, informed decisions.
Overview of BITSoM MBA Fees
The two-year full-time MBA program at BITS School of Management (BITSoM) in Mumbai is designed to equip future business leaders with global perspectives and practical skills. Backed by the legacy of BITS Pilani and enriched with faculty from top global institutions, BITSoM is fast becoming a popular choice for Indian students looking for a world-class MBA in India. But before applying, it's essential to understand the complete cost involved, from tuition to accommodation and additional expenses.
| Fees Component | Amount (INR) |
| Application fees | ₹ 2,500/- |
| Programme fees | As Below |
| Tuition fees | 23,85,000 |
| One-time admission fees | 1,50,000 |
| Accommodation | 3,00,000 |
| Security Deposit (Refundable) | 20,000 |
| Total Cost to Student | 28,55,000 |
Here’s a detailed breakdown of the cost you can expect:
BITSoM’s academic fees are structured to cover all essential learning resources, access to experienced faculty, digital platforms, case materials, and more. Here’s the current breakdown:
- One-Time Admission Fees: ₹1,50,000 This is a non-refundable fees paid at the time of admission confirmation. It secures your seat in the program.
- Tuition Fees: ₹23,85,000 This is the main academic fee for the entire two-year program. It includes access to coursework, academic tools, faculty support, library access, and classroom learning.
- Security Deposit: ₹20,000 A refundable deposit that will be returned after the completion of the program, provided there are no outstanding dues or damages.
Accommodation Charges
Unlike many B-schools where students have to find their accommodation, BITSoM includes housing as part of the overall BITSoM MBA fees. Students are provided with fully furnished, shared apartments just 1 km from the academic block. These living spaces are designed to offer a comfortable, collaborative environment perfect for studying, networking, and building lasting peer connections.
Accommodation Fees: ₹2,60,000 (for two years)
This covers housing for the full program duration. Students are assigned shared apartments that come with modern amenities, including:
- Air conditioning
- High-speed Wi-Fi
- Daily housekeeping
- Shuttle service to and from the campus
The accommodation is a valuable part of the experience, helping students build strong peer relationships and maintain a healthy study-life balance.
Grand Total (All Inclusive): ₹28,15,000
Understanding the Living Costs for BITSoM MBA in India
Living in Mumbai, one of India’s most vibrant and expensive cities, adds excitement and responsibility to your MBA journey. While the BITSoM MBA fees covers tuition and optional housing, students should also plan for additional monthly and annual expenses. These costs can vary based on your lifestyle, spending habits, and personal preferences, but they are essential when estimating your total investment at BITSoM.
- Estimated Living Expenses: Even though your accommodation might be covered through BITSoM’s shared housing facilities, you’ll still need to budget for basic monthly needs like food, travel, and personal use.
- Food & Dining (₹5,000 – ₹8,000/month): Whether you prefer eating out or cooking at home, Mumbai offers a variety of choices. Students typically spend between ₹150 to ₹300 per day, depending on their habits. Opting for home-cooked meals or shared tiffin services can help reduce this cost.
- Transport (₹1,000 – ₹2,000/month): BITSoM provides shuttle services to and from campus, but for personal trips, local trains, cabs, and metro rides add to your transport budget. Travel is affordable in Mumbai, but frequent trips or cab usage can increase costs.
- Personal Expenses (₹2,000 – ₹3,000/month): These include laundry, mobile data plans, internet subscriptions (like Netflix or Spotify), toiletries, occasional shopping, and entertainment (movies, cafes, etc.).
- Books & Supplies (₹1,000 – ₹2,000/term): While most course materials are available online or through the institute, you may still need to buy reference books, notebooks, or stationery once per term.
Additional Considerations
Apart from the basic monthly costs, there are some one-time or optional expenses students should also be aware of:
- Medical Insurance (₹10,000–₹15,000/year): BITSoM strongly recommends that every student have health insurance. This covers basic health needs, emergencies, and hospitalization, ensuring peace of mind while you focus on your studies.
- Laptop & Accessories (₹60,000–₹90,000): Every MBA student must have a high-performance laptop. You’ll be using it daily for assignments, group work, presentations, simulations, and research. Depending on the brand and configuration, this can be a significant one-time cost.
- Global Immersion Program (Optional - ₹5,00,000): BITSoM offers an optional two-week international immersion at London Business School (LBS). This program includes tuition, accommodation, and travel. Though it's optional, it offers global exposure, networking opportunities, and adds great value to your resume.
Scholarships & Financial Aid at BITSoM
BITSoM understands that financing an MBA can be challenging, and to support deserving candidates, it offers a range of merit-based scholarships and need-based financial aid. These awards aim to recognize academic excellence, leadership potential, and diversity in the classroom. Whether you're an outstanding student or someone with a unique background and strong aspirations, there’s support available to ease the BITSoM MBA fees burden and make quality education more accessible.
BITSoM Scholarship Options Include:
- BITSoM Merit Scholarship
- BITSoM Need-Based Financial Aid
- BITSoM Dean’s Excellence Award
- Merit cum Need Scholarship and Women’s Scholarship
- Diversity & Inclusion Scholarships
NOTE: How to apply for BITSoM MBA scholarships
Part-Time Work Opportunities During the BITSoM MBA Program
The BITSOM MBA fees reflect not just tuition but the value of a rigorous, full-time residential experience. The program is structured with intense academic modules, leadership labs, group projects, and frequent industry interactions. Due to this demanding schedule, traditional part-time jobs, such as working in retail or customer service, are generally not feasible or permitted during the academic term, ensuring students remain fully committed to their learning journey.
However, BITSoM encourages students to explore alternative, academically aligned work opportunities that add professional value without compromising learning outcomes.
Are Part-Time Jobs Allowed?
Due to the program's demanding schedule, BITSoM discourages part-time employment outside the academic framework. That said, the school recognizes the importance of practical experience and offers students several meaningful ways to build their resumes and earn stipends during their MBA.
Instead of typical part-time jobs, here’s what students can explore:
Alternative Opportunities:
- Summer Internships: All students complete 8–10 week internships, with stipends up to ₹4.75 lakhs and strong PPO potential.
- Live Projects: Students work on short-term company projects during breaks to solve real business challenges.
- Faculty Research: Assist professors on research or case studies to enhance analytical skills and academic depth.
- Student Committees: Lead or join functional clubs to gain leadership experience and build corporate connections.
- Case Competitions: Compete nationally for recognition, cash prizes, and recruiter visibility through real-world simulations.
Related Blogs
Conclusion
The BITSoM MBA fees are competitively priced when compared to other top MBA colleges in India. The total cost, including tuition, accommodation, living expenses, and optional international programs, comes to around ₹32–34 lakhs. That’s significantly more affordable than programs at ISB or top IIMs, making it a great option for students who want a strong ROI without compromising on quality. With excellent faculty, modern infrastructure, and impressive placement outcomes,
BITSoM offers a well-rounded MBA experience. If you’re looking for a future-ready B-school with global exposure and industry relevance, BITSoM deserves a spot on your shortlist.
