All AnswersWhat Is the Total Cost of BITSoM MBA Including Tuition and Living in Mumbai?
Asked by Karthik Iyer about 2 months ago
Business analyst
The total cost of the BITSoM MBA, including both tuition and living expenses in Mumbai, usually comes to around INR 32 to 34.5 lakhs. This includes everything — from classroom learning to your daily expenses during the two-year program.
The academic fees alone add up to INR 25.35 lakhs, which includes the tuition fee and a one-time admission charge. This amount covers access to the full curriculum, faculty, and campus resources.
| Expense Category | Cost (INR) | Duration |
| Tuition Fee | ₹22,50,000 | 2 years |
| One-Time Admission Fee | ₹1,50,000 | One-time |
| Accommodation (Hostel) | ₹3,00,000 | 2 years |
| Security Deposit | ₹20,000 | One-time |
| Living Expenses | ₹6,00,000 | 2 years |
| Optional Global Immersion | ₹5,00,000 | One-time |
Living in Mumbai adds another INR 6.5 to 9 lakhs, depending on your lifestyle. Some students prefer PGs or shared flats near campus, which helps lower the monthly costs. Others go for more private options, which can be slightly more expensive. Either way, the city offers flexible choices to fit different budgets.
So, if you’re planning for BITSoM, keeping a budget of INR 32 to 34.5 lakhs total is a safe estimate. That should cover your full journey including studies, stay, and all that comes with living in a fast-moving city like Mumbai.
Education Expert
Living and studying in Mumbai definitely adds to the total MBA bill, but BITSoM has kept its pricing in check when compared to other new-age B-schools in India.
The total academic fee for the full program is ₹23.85 lakhs. There's also a one-time admission charge of ₹1.5 lakhs. Accommodation is priced at ₹3 lakhs for the full two years, and there's a refundable security deposit of ₹20,000.
Altogether, that brings the fixed cost to ₹28.55 lakhs. On top of that, students usually spend around ₹5–6 lakhs more on food, transport, and daily living in Mumbai. That puts the total estimated cost in the ₹33–35 lakh range.
To make it easier, BITSoM has tie-ups with loan providers like HDFC Credila, which help cover both tuition and living expenses. It’s especially helpful for those who don’t want to dip into family savings right away.
For more details you can read this blog on "BITSoM MBA fees "
Software Developer
The total cost of the BITSoM MBA, including tuition and living expenses in Mumbai, ranges between ₹33 to ₹35 lakhs for the full two-year program , depending on how you manage your personal spending.
- The tuition fee for both years combined is ₹23.85 lakhs
- There’s a one-time admission fee of ₹1.5 lakhs when you enrol
- Accommodation (shared housing on campus) costs ₹3 lakhs for the entire course
- A security deposit of ₹20,000 is added, which is refundable
Now, these are just the official fees, which come to ₹28.55 lakhs. But once you add in daily expenses—like food, transport, and phone bills, you should plan for another ₹5 to ₹6 lakhs across two years. Most students manage by staying in PGs or shared flats around Powai, which helps keep costs under control.
Also, BITSoM does offer scholarships based on both merit and financial need. Applying early can improve your chances of landing one and bringing down your total cost.
Business analyst
The total cost of the BITSoM MBA, including tuition and living expenses in Mumbai, is approximately INR 32 to 34.5 lakhs. This includes the tuition fee of INR 23.85 lakhs, plus a one-time admission fee of INR 1.5 lakhs, as listed in BITSoM’s official 2024–25 fee structure.
When it comes to living in Mumbai, your expenses — covering rent, food, transport, and personal needs — usually range between INR 6.5 to 9 lakhs for the full program. So, depending on your lifestyle, you’ll need to budget around INR 32 to 34.5 lakhs in total to complete your MBA at BITSoM.