Is pursuing MBA at Thakur Institute of Management Studies and Research - TIMSR expensive?

0 8 Views | Posted a year ago
Asked by Nishar Ahmed

  • 2 Answers

  • O

    Answered by

    Omaditya Jha | Contributor-Level 7

    a year ago

    The fee for pursuing an MBA programme at Thakur Institute of Management Studies and Research (TIMSR) is approximately INR 5.25 Lakhs per year, subject to change. This fee includes tuition fees, development fees, and other charges. Additional fees such as library and laboratory deposits and examination fees may also apply. Overall, while the fees are on the higher side, it is essential to consider the value of the education and opportunities provided by the institution in making a decision about pursuing an MBA at TIMSR.

  • S

    Answered by

    SWATHI MADA | Contributor-Level 6

    a year ago

    Pursuing an MBA at TKM Institute of Management proves to be cost-effective compared to other institutions, with a total fee of INR 1,10,000 per year for the two-year full-time program. This fee stands notably lower than the average MBA fees in Kerala, which typically range from INR 30,000 to 9 Lakhs per year. The course fee for TKM Institute of Management's MBA programme is INR 2 LPA, with an additional INR 500/- taken during the application process, making it an affordable choice for aspiring management professionals.

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The classes for part-time MBA/MMS courses at TIMSR Mumbai are usually  conducted in the evening from Thursday to sunday. The timing of the classes is as follows:

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The highest packages offered to MMS graduates at TIMSR Mumbai for the academic batch of 2025 have not been released by the institution yet. However, as per the official placement brochure of TIMSR, the highest package offered during MMS placements 2024 stood at INR 15 LPA.

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Both of the institutions are affiliated with the University of Mumbai and offer MMS/PGDM courses. The eligibility requirements to get admissions into both of the institutions are almost similar, because the basic eligibility requirements to get admissions into MMS/PGDM courses are that candidates must complete their graduation with an aggregate of 50%. Moreover, for the admission process, the institute accepts the relevant scores from MAT, XAT, CAT, CMAT, ATMA, and MAH CET. 

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The total tuition fee for the MMS course at TIMSR Mumbai ranges from  INR 1.9 Lacs INR 10.5 lakh. Moreover, the total tuition fee for PGDM courses at MET Institute is INR 12.1 lakh. Therefore, TIMSR Mumbai is more affordable for the PGDM course compared to the MET Institute. However, the fees are only one component that candidates consider while comparing the PGDM/MMS courses. There are several other factors that can be considered while comparing the MBA/PGDM college affiliated with Mumbai University, such as ranking, cutoff, placement packages, etc. 

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After completing an MMS course from TIMSR Mumbai, candidates can pursue various job opportunities in the fields of Management, Marketing, Sales, etc. Moreover, the course also equips students with the knowledge of managing and leading various domestic and international business environments. Some of the job roles that candidates can pursue after completing the course are as follows:

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