What is the total estimated fee (tuition plus living costs) for the MIM program at Monash University for Indian students?
For Indian students, the combined total cost of Monash University's MIM program, tuition plus hostel, insurance, transport and other charges across its full 12 to 30 month duration, comes to roughly INR 31.83 lakh to INR 61.35 lakh, with tuition forming the largest portion of that figure.
Once you add every cost together, not just tuition, a Monash University MIM degree runs Indian students roughly INR 31.83 lakh to INR 61.35 lakh across the full 12 to 30 month program.
Total Estimated MIM Cost Breakdown
| Fee Component | Amount |
|---|---|
| Tuition | INR 21.58 L - 42.26 L |
| Hostel | INR 9 L - 11.94 L |
| Insurance | INR 41.41 K - 52.22 K |
| Transportation | INR 81.6 K - 1.24 L |
| Other costs | INR 2.38 K - 5.39 L |
| Total estimated fee | INR 31.83 L - 61.35 L |
How Monash Compares On Tuition Alone
Monash's MIM tuition of INR 21.58 lakh to 42.26 lakh sits in a similar band to peer universities such as the University of Queensland and the University of Sydney, though hostel costs vary more sharply between them.
My Advice
Use the total estimated fee, not just tuition, when comparing Monash against other universities for your MIM, since hostel and other charges can shift the real cost gap between options significantly.
Got a budget of 40 to 50 lakhs? See what Australia costs.
Full tuition and living breakdown, plus universities that fit your number.
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