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Master of Business Administration [MBA] From IIT Bombay, Mumbai

Powai, MumbaiAutonomous UniversityEstd 1958

#11 For MBA By NIRF 2022

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IIT Bombay Quick Updates

25 Jul, 2024 hello

Master of Business Administration [MBA]

first year fees: ₹4,29,900

2 YearsFull Time

Years	year 1		year 2
Total Year Wise fees	₹4.30 Lakhs		₹4.14 Lakhs
Semester	1	2	3	4
Total Fees	₹222950	₹206950	₹206950	₹206950
Tuition fees	₹200000	₹200000	₹200000	₹200000
Admission fees	₹8750	-	-	-
other fee	₹14200	₹6950	₹6950	₹6950

IIT Bombay Upcoming Application Dates 2024

+1 More

Important Events

Events	Dates
CAT 2024 Result Date	Upcoming Dec 26, 2024

Expired Events

Events	Dates
CAT 2024 Exam Date	Nov 24, 2024
CAT 2024 Admit Card Date	Oct 25, 2024
CAT 2024 Registration Date	Aug 03, 2024 - Sep 20, 2024

Important Events

Events	Dates
CAT 2024 Result Date	Upcoming Dec 26, 2024

Expired Events

Events	Dates
CAT 2024 Exam Date	Nov 24, 2024
CAT 2024 Admit Card Date	Oct 25, 2024
CAT 2024 Registration Date	Aug 03, 2024 - Sep 20, 2024

Do you think the Dates are wrong ? Report Here

IIT Bombay Master of Business Administration [MBA] Ranking

IIT Bombay MBA ranking by NIRF is 11 out of 125 in India in 2022 and it was ranked 10 out of 100 in India in 2021

NIRF Ranking

#11 out of 125 in India 2022

#2nd in Mumbai

Do you think the Rankings are wrong ? Report Here

Eligibility Criteria

Graduation with a CAT-2023 score or a professional qualification equivalent to that of a University degree recognized by UGC, in any discipline with minimum 60% marks (55% for SC/ST/PD). Final-year students are also eligible to apply. Such candidates, if selected, will be admitted provisionally, provided they complete all requirements for the qualifying degree with minimum percentage and CGPA or its equivalent by the specified date that will be intimated later. The percentage will be considered based on aggregate marks/CGPA awarded in qualifying degree examination.

(IIT graduates (admitted through IIT-JEE) with a CGPA of 7.0 or above on 10 point scale are exempted from the requirement of CAT 2023.

Course Details

IIT Bombay MBA Admissions 2024 are ongoing. The institute has released the shortlisted of selected candidates. IIT Bombay is among the top 10 bschools in the country as per the NIRF 2023 rankings 2023. IIT Bombay MBA Aspirants need to score atleast 98% marks in CAT to clear IIT Bombay Cutoff. Once the cutoff criteria is done, further selection will be based on Academic background, work experience, Personal Interview and Diversity like factors. MBA at IIT Bombay is offered via Shailesh J Mehta School of Management (SJMSOM) with a total seat intake of 152. For MBA Admission at IIT Bombay, applicants will be shortlisted on the basis of CAT scores and academic qualifications. Shortlisted candidates will be called for a personal interview for the final selection. Candidates can expect the CAT Cutoff to range between 90 and 100 percentile.

SJMSOM IIT Bombay Placements 2023 has been concluded with 100% placements. The highest package stood at INR 54 LPA while the average package stood at INR 28.88 LPA. Recruiters like Accenture, Deloitte, EXL, HCL, PwC etc participated in the placement drive.

Table of Content

IIT Bombay MBA Eliigbility
IIT Bombay MBA Cutoff
IIT Bombay MBA Admission Criteria
IIT Bombay MBA Course Details
IIT Bombay MBA Batch Profile
IIT Bombay MBA Placements
IIT Bombay MBA FAQs

IIT Bombay MBA Eliigbility

Graduation Degree holder in any subject from a recognized University or Institution.
Minimum 60% marks secured in the qualifying examination.
Candidates belonging to SC/ST category should have a minimum of 55% marks secured in the final examination.
Appearing candidates can also apply for admission.
CA/ICWA with a first-class Bachelor’s degree in any discipline having secured 60% marks (55% in case of candidates belonging to SC/ST/PWD category) in aggregate.

IIT Bombay MBA Cut off 2024

Minimum Cut-off Percentile considered for shortlisting in DPI Round:

Category	Quant	VARC	DILR	Overall
General / EWS	75	75	75	90
NC-OBC	67.5	67.5	67.5	81
SC	50	50	50	60
ST	50	50	50	60
PWD	50	50	50	60

Read More: IIT Bombay Cut off

IIT Bombay MBA Admission Criteria

Candidates applying for IIT Bombay MBA admission need to be clear about the selection criteria. The selection will be based on the aggregate score of 2 phases:

First Phase: Shortlisting of candidates for the DPI round, based on the CAT 2023 scores.
Second Phase: Candidates who qualify the DPI round will be called for counselling at IIT Bombay.

Phase 1: At stage 1, the candidates are shortlisted for the PI round based on CAT cut off percentile and composite score set by the institute. The candidates eligible for the stage 2 are called for the PI round.

Note: The actual section-wise and overall percentile of a short-listed candidate may be higher than the above-mentioned minimum percentile.

The shortlist of candidates selected for this stage will be based on the candidate's composite score of different parameters whose weightages are as mentioned below.

Parameters and Weightage for Phase 1

Parameters	Weightage
Performance in CAT 2023	70%
Class XII	5%
Graduation	5%
Post Graduation/ Professional	5%
Work Experience	5%
Gender Diversity	10%

Once the candidate has appeared for the IIT Bombay PI round, the institute then prepares a final merit list to shortlist students for admission.

What are the questions asked in the IIT Bombay MBA PI round?

Phase 2: Final Selection: Preparation of the Merit List

The final Merit list of the candidates chosen for admission to MBA program at SJMSOM, IIT Bombay will be published based on the applicant's aggregate score in various parameters whose weightage are individually referenced underneath.

Parameters and Weightage for Phase 2

Parameters	Weightage
CAT 2023 Overall Percentile Score	42.5%
Personal Interview	42.5%
Candidates Profile:
Graduation	5%
Work Experience	5%
Extra-curricular Activities	5%

Note: Phase 2 of the Admission process will be evaluated out of a maximum of 95.

IIT Bombay MBA Admission: How to Apply?

The application form can be filled online by visiting the official website of the school.
Click on the application form link and fill in the required details within 50 minutes (as the session will expire after 50 minutes).
Upload the scanned copies of the below-listed documents:
- Passport size photograph (jpg / jpeg/ png only with size not more than 40KB).
- Signature (jpg / jpeg / png only with size not more than 10KB).
- Graduation Certificate / Copy of latest semester mark sheet (for students appearing for the final semester or yet to receive Graduation Certificate) (PDF Only with size, not less than 500KB).
- Caste certificate (If applicable) (PDF only with size not less than 500KB).
- Physically disabled certificate for applicants with a disability. (PDF only with size not less than 500KB).
- CAT scorecard (PDF only with size not less than 500KB).
Submit the application form along with the application fee through Net Banking/Debit/Credit Card.

IIT Bombay MBA Batch Profile 2023-25 Batch

Batch Profile

IIT Bombay MBA Placements

The below table represents the highlights of 2023 MBA placement highlights of IIT Bombay:

Particulars	Placements Statistics 2023
Batch Size	115
Percentage of PPOs	50%
Highest Package	INR 54 LPA
Average Package	INR 28.88 LPA
Top 25% Average Package	INR 40.80 LPA
Top 50% Average Package	INR 34.58 LPA
Top 75% Average Package	INR 31.41 LPA
Average Package (Female)	INR 29.35 LPA
Median Package	INR 26.64 LPA
Median Package (Female)	INR 28.90 LPA
Lowest Package	INR 20 LPA
Lowest Package (Female)	INR 23.50 LPA
Major Domains	FMCG / FMCD, Conglomerate

IIT Bombay MBA Placements 2023 PPO – Wise

The below table represents the PPO – wise statistics of IIT Bombay MBA Placements 2023:

Particulars	Salary Statistics
Average Package	INR 30.35 LPA
Lowest Package	INR 16 LPA

IIT Bombay MBA Placements 2023 Sector – Wise

The below table represents the sector – wise statistics of IIT Bombay MBA Placements 2023:

Sectors	Average Package	Students Split	Company Split
IT / E-commerce	INR 31.72 LPA	17%	14%
Consulting	INR 29.09 LPA	21%	16%
FMCG / FMCD	INR 28.88 LPA	24%	27%
Conglomerate	INR 28.54 LPA	24%	25%
BFSI	INR 25.63 LPA	14%	18%

Read More: IIT Bombay Placements

IIT Bombay MBA FAQs

Ques. What is the eligibility requirement for IIT Bombay MBA?

Ans. IIT Bombay offers an MBA program on the basis of the CAT scores. However, there are also some eligibility criteria that candidates should meet. Students must have passed their bachelor’s degree or Master’s degree in any relevant discipline with a minimum of 6.5 CPI (6 for SC/ST/PwD category).

Ques. What is the curriculum structure of the MBA program at IIT Bombay?

Ans. The curriculum structure of the MBA program at IIT Bombay includes core courses in various management disciplines like Marketing, Finance, Operations, Human Resources, and Strategy. Additionally, there are multiple electives offered such as International Business, Economics, Information Technology, etc. Along with these, the institute provides internships, and mandatory industry internships to enhance the students’ fieldwork.

Ques. What is the selection process for the IIT Bombay MBA program?

Ans. IIT Bombay grants admission to its 2-year MBA program only through valid CAT scores. However, the selection process typically includes Group Discussion (GD) and Personal Interview (PI) conducted by the institute. The final selection of the candidates is based on their performance in these stages.

Ques. Can I apply for the IIT Bombay MBA course even if my final semester’s results are awaited?

Ans. Candidates who are in their final year of the degree and whose final results are awaited can apply for the MBA course at IIT Bombay. In this case, students must have secured at least 60% of aggregate marks (55% for SC/ST/PWD) or equivalent in the latest exam that has been concluded and whose scores are available. The admission will depend on meeting the eligibility criteria of the MBA program.

Ques. Does IIT Bombay offer any summer placements to its MBA students?

Ans. IIT Bombay offers summer placements in the early part of the academic year to provide its MBA students with practical experience in real-world work. In 2023, the institute welcomed a total of 38 companies to run the placement drive. The highest stipend offered to the candidates was INR 4.40 LPA with an average stipend of INR 3.03 LPA.

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Master of Business Administration [MBA] Comparison

	IIT Bombay	IIT Delhi	IIT Kanpur	IIT Kharagpur
Reviews Rating	-	-	-	-
Cost To Study	Total Fees ₹843800 (2 Years ) Check Detailed Fees	Total Fees ₹1324000 (2 Years ) Hostel Fees ₹17200 Check Detailed Fees	Total Fees ₹474250 (2 Years ) Check Detailed Fees	Total Fees ₹1130600 (2 Years ) Check Detailed Fees
Ranking	# Ranked 11/125 by NIRF Management Ranks	# Ranked 4/125 by NIRF Management Ranks	# Ranked 20/125 by NIRF Management Ranks	# Ranked 12/125 by NIRF Management Ranks
Highest Salary	₹36700000	₹20000000	₹19000000	₹26000000
Average Salary	₹2182000	₹2582000	-	-
General Course Details	Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree Check Course Details	Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree Check Course Details	Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree Check Course Details	Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree Check Course Details
Eligibility	Graduation with 60% + CAT	Graduation with 60% + CAT	Graduation + CAT	Graduation with 50% + CAT

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IIT Bombay: 3 Answered Questions

Which is better, NMIMS or IIT Mumbai for an MBA?

Vivek AgarwalPGDM from T. A. Pai Management Institute (2019)

No doubt all the institutes you mentioned are excellent in their respective standards and fields. But the primary element that should be stressed before choosing a college is what kind of MBA you are looking for. You should determine the specialization you are willing to go for, the kind of curriculum and crowd you are expecting, and various other factors.

You need to keep in mind that an MBA degree will pose just as a stepping stone to success and cannot guarantee your success. The ultimate determining factor is the level of knowledge you gain and how you perform throughout.

All the Institutes you mentioned are top-notch and are globally recognized knowledge hubs. You cannot make a choice just on the basis of your preference. You will have to work tremendously hard to make it into these esteemed institutes.

Which must one choose: M.Tech. from IIT Bombay or MBA from IIM Bangalore?

Arun BalakrishnanStartup Enthusiast, Biker, Music Lover, Cricketer

An MTech from IIT Bombay and an MBA from IIM Bangalore are two very different options. While one focuses on technological aspects the other focuses on managerial aspects. So before even dwelling on the worth of the courses individually you should self-analyze your inclinations and choose one path you are sure about.

Jot down your short and long-term goals. What exactly are you willing to do in your life apart from earning money? Are you more inclined to the corporate world or are the technical elements that attract you more? Having clarity of goals and understanding of what you want from your life is the primary determining factor for choosing your college as well as course.

Objectively, both courses offer a plethora of job prospects and you will gain a lot by choosing any of the two. But making a wise decision here is most important. Choosing an MBA just because it has good career prospects despite having an interest in technology is deluding yourself. You cannot attain success unless you are sincerely passionate about the field you are pursuing.

After a B.Tech from an IIT, should one go for an MBA from IIT Bombay / Delhi or from newer IIMs like Kozhikode or Ranchi?

Anubhav RajStudied at Indian Institute of Management Ranchi (2019)

The answer to your question is objectively based solely on your inclinations. IITs might offer a better ROI than IIMs. But had I been in your place I would have gone for the newer IIMs like Kozhikode or IIM Ranchi which is one of the fastest-growing IIMs. The reasons for taking this decision would have been

Better opportunities in finance, marketing, and consulting domains.
Better placement opportunities
Better industry exposure
The prestige of being a part of the IIM alumni network
The IIM tag

All these points make IIM a more tempting choice. Yet if you are tight on budget and just want to go for the Operations domain IIT will do fine for you.

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