VBS Mumbai courses admission in currently open. It offers only one course i.e. PGDM in 5 different specializations. Vivekanand Business School Mumbai fees 2026-2027 is INR 9.50 Lakhs. To be eligible for VBS admission candidates must have Graduation with minimum 50% marks + valid CAT/ XAT/ CMAT/ MAT/ ATMA/ MAHCET score.
VBS Mumbai hostel fee is INR 2.15 Lakhs for the non-AC & 2.55 Lakhs INR 2.55 Lakhs. VBS is accepting applications for 2026‑27, with admissions based on entrance tests and merit across all programs.
Direct Link: Apply for VBS Admission 2026
VBS Mumbai PGDM Fees 2026
Vivekanand Business School Mumbai PGDM 2026-2027 fee is INR 9.5 Lakhs for the entire duration. The PGDM detailed fee structure is as follows:
| Particular | Details | Payable in the Month of |
|---|---|---|
| 1st Semester Tutorial | INR 2.47 Lakhs | At the time of Admission |
| Examination | INR 3000 | |
| Library | INR 7000 | |
| Caution Money Deposit | INR 2500 | |
| 2nd Semester Tutorial | INR 2.47 Lakhs | November |
| Examination | INR 3000 | |
| Library | INR 7000 | |
| Caution Money Deposit | INR 2500 | |
| 3rd Semester Tutorial | INR 1. 95 Lakhs | March |
| Examination | INR 3000 | |
| Alumni | INR 3500 | |
| Library | INR 9000 | |
| Innovation Lab | INR 4500 | |
| 4th Semester Tutorial | INR 1. 95 Lakhs | July |
| Examination | INR 3000 | |
| Alumni | INR 3500 | |
| Library | INR 9000 | |
| Innovation Lab | INR 4500 | |
| Total Fees | INR 9.51 Lakhs | |
Check other Vivekanand Business School Mumbai PGDM course details in the table below:
| PGDM Course | Eligibility | Total Fee |
|---|---|---|
| Banking and Finance | Graduation with 50 % + CAT/ XAT | INR 9.5 Lakhs |
| Human Resource Management | ||
| Marketing | ||
| Operations & Supply Chain Management | ||
| Business Analytics |
VBS Mumbai Scholarship 2026
- VBS offers a prestigious International Academic Scholarship for PGDM students.
- Annually, 25 meritorious students receive full sponsorship to study at a reputed foreign university.
- Selection is merit-based, considering entrance exam scores, graduation performance, and overall academic consistency.
- The scholarship covers major expenses, enabling students to study abroad without financial burden.
- Scholars participate in a three-month international program at INTI International University, Malaysia, experiencing global classrooms, collaborative research, and multicultural learning.
- The program helps students gain international perspectives, build global confidence, and enhance placement opportunities.
VBS Mumbai Courses & Fees 2026
Ques. How much does the PGDM course at Vivekanand Business School (VBS Mumbai) actually cost in total? Is the ROI decent?
Ans. PGDM program at VBS has a total tuition fee of approximately INR 9.5 lakh for the two-year course, payable in installments. On-campus hostel and living expenses are optional, adding around INR 2.15 LPA - INR 2.55 LPA. In terms of ROI, recent placements show a 93% placement rate, an average salary of about INR 8.5 LPA, and top offers reaching INR 21 LPA. This makes the ROI attractive for many students, though premier B-schools may offer higher packages.
Ques. Does VBS Mumbai offer scholarships or fee reductions for students?
Ans. VBS Mumbai offers a range of scholarships and financial support for PGDM students. Key options include:
- International Scholarship Scheme: For up to 25 meritorious students, covering global study expenses up to INR 50 lakh, including travel, accommodation, food, and course fees.
- Merit-based awards: Recognizing academic excellence with partial fee waivers or cash prizes.
- VES Trust Financial Assistance: Support for students with genuine financial need.
- Other need-based or minority scholarships: Offering partial fee waivers or cash awards depending on eligibility.
Students can apply for multiple scholarships, but typically only one award is granted based on eligibility criteria.
Ques. Is the fee at Vivekanand Business School (VBS Mumbai) justified compared to other MBA/PGDM colleges in Mumbai?
Ans. The fee at VBS, which is around INR 9.5 Lakhs - INR 10 Lakhs for its 2-year PGDM program, can be considered justified for a mid-tier private B-school. The program is AICTE-approved, NBA-accredited, and AIU-recognized as equivalent to an MBA, with placements typically around 90%+, an average package of INR 8 LPA - INR 8.5 LPA, and higher packages for top performers. Compared to other mid-tier private colleges in Mumbai, such as NL Dalmia IMS or Welingkar, VBS offers similar fees, accreditation, and placement outcomes, making the cost reasonable for students targeting corporate roles within the local or regional market.
However, when compared to top-tier institutes like SPJIMR or NMIMS, the fee at VBS is lower, but the brand value and placement packages are not as strong, meaning the ROI may be less for students aiming for elite roles in consulting, finance, or multinational companies. On the other hand, government-affiliated colleges like JBIMS or SIMSREE have much lower fees and competitive placements, but admission is highly selective. Overall, the VBS fee is justified for mid-tier career goals, but students with the potential to enter top-tier or government colleges might achieve better ROI elsewhere.























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