MumbaiIIT BombayCourses & FeesMaster of Business Administration [MBA]

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

Mumbai, MaharashtraAutonomous UniversityEstd 1958
#10 For MBA By NIRF 2023  
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Master of Business Administration [MBA] 
first year fees:  ₹429,900
2 YearsFull Time
Yearsyear 1year 2
Semester1234
Admission fees₹8750---
Tution fees₹200000₹200000₹200000₹200000
Other fees₹14200₹6950₹6950₹6950
Total Year Wise fees4.30 Lakhs4.14 Lakhs

IIT Bombay Upcoming Application Dates 2024

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Important Events

EventsDates
CAT 2024 Registration Date
Tentative
Aug 03, 2024 - Sep 20, 2024
CAT 2024 Admit Card Date
Tentative
Oct 25, 2024
CAT 2024 Exam Date
Tentative
Nov 24, 2024
CAT 2024 Result Date
Tentative
Dec 26, 2024

Expired Events

EventsDates
Application Timeline (MBA)Jan 02, 2024 - Jan 31, 2024
MBA Interview Shortlist OutFeb 16, 2024

Important Events

EventsDates
CAT 2024 Registration Date
Tentative
Aug 03, 2024 - Sep 20, 2024
CAT 2024 Admit Card Date
Tentative
Oct 25, 2024
CAT 2024 Exam Date
Tentative
Nov 24, 2024
CAT 2024 Result Date
Tentative
Dec 26, 2024

IIT Bombay Cutoff 2024

IIT Bombay, CAT Cutoff 2023

The 2023 CAT cutoff percentile for the Master of Business Administration [MBA] at IIT Bombay was 90 for the General category.

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2023
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90

IIT Bombay, QA Cutoff 2023

The 2023 QA cutoff percentile for the Master of Business Administration [MBA] at IIT Bombay was 75 for the General category.

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2023
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75

IIT Bombay, DILR Cutoff 2023

The 2023 DILR cutoff percentile for the Master of Business Administration [MBA] at IIT Bombay was 75 for the General category.

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2023
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75

IIT Bombay, VARC Cutoff 2023

The 2023 VARC cutoff percentile for the Master of Business Administration [MBA] at IIT Bombay was 75 for the General category.

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2023
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75

IIT Bombay Master of Business Administration [MBA] Ranking

IIT Bombay MBA ranking by NIRF is 10 out of 125 in India in 2023 and it was ranked 11 out of 125 in India in 2022

NIRF Ranking

#10 out of 125 in India 2023 
#2nd in Mumbai
#2 in Maharashtra
user_avater
Written By Collegedunia Team 

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.

OR

(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.

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

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?

  1. The application form can be filled online by visiting the official website of the school.
  2. Click on the application form link and fill in the required details within 50 minutes (as the session will expire after 50 minutes).
  3. 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).
  4. 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. 

...Show Less

Master of Business Administration [MBA] Comparison

IIT BombayIIT DelhiIIT KanpurIIT Kharagpur
Reviews Rating
Cost To Study
Total Fees
843800 (2 Years )
Total Fees
1324000 (2 Years )
Hostel Fees
17200
Total Fees
474250 (2 Years )
Total Fees
1175336 (2 Years )
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
Duration - 2 Years
Course Offered - Full Time
Mode - Full Time
Degree Type - On Campus
Course Level - Post Graduation
Course Credential - Degree
Duration - 2 Years
Course Offered - Full Time
Mode - Full Time
Degree Type - On Campus
Course Level - Post Graduation
Course Credential - Degree
Duration - 2 Years
Course Offered - Full Time
Mode - Full Time
Degree Type - On Campus
Course Level - Post Graduation
Course Credential - Degree
EligibilityGraduation with 60% + CATGraduation with 60% + CATGraduation + CATGraduation with 50% + CAT

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Why To Join IIT Bombay - Reviews & Rating

4.4
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5(81%)
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Academic
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Faculty
4.3
Infrastructure
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Accommodation
4.2
Social Life
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Placement
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Life at SJMSOM

4.0Helpful

Course Curriculum Overview:

The course is well aligned with the current industry standards. There are 116 students and details regarding faculties and batch profiles can be found on the official website. All faculties are graduated from top institutes and research topics covering a variety of industries.

...Read More
VASHODIA CHAHAT RAJINDER MBA, General (Enrolled 2022) Reviewed on Feb 13, 2023
3
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MBA at SJMSOM

5.0Helpful

Course Curriculum Overview:

I have enjoyed the curriculum. The methodology is case-based discussion and presentations. The subjects are very interesting and easy to comprehend if lectures are attended regularly. The faculty is very experienced and shares good cases with the batch.

...Read More
Vinayak Nanda MBA, General (Enrolled 2022) Reviewed on Feb 8, 2023
0
0
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Course Curriculum Overview:

As I have varied work experience my target was to pursue a course where I can diversify my knowledge base through experiential learning and gain expertise in a few domains. The teaching pedagogy followed here involves case studies, presentations, assignments, and group discussions which help us to look at a single problem from multiple perspectives. Student to teacher ratio at SJMSOM is ~2.8:1 considering all the faculties (core, adjunct, and visiting). There is a semester system and in each semester there are 2 terms. Each term has mid-term exams, assignments, projects, and end-term exams. Though the course is rigorous it is not difficult to pass. One can get enough free time to focus on other aspects apart from academics as well.

...Read More
Agarwal Nidhaan Nawalkishore MBA, General (Enrolled 2022) Reviewed on Feb 8, 2023
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1
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Course Curriculum Overview:

I chose this course as I was interested in pursuing a career in operations management. The faculties were renowned and the school has a good stature in the corporate world. The faculty: Student ratio is roughly 3:1 and the faculties are majority doctorates. The teaching methodology is that of case studies and class discussions and students are kept busy all year long due to assignments. Although it becomes hectic, the assignments are insightful and do not spark fatigue. The courses were easy to understand and the faculties were very helpful.

...Read More
Amartya Anand Thigale
Amartya Anand Thigale MBA, General (Enrolled 2022) Reviewed on Feb 8, 2023
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Course Curriculum Overview:

Management from SJMSOM is General Management which gives an overview of the industry. 1:10. All the faculties are well qualified with PhDs from renowned institutes. The pedagogy revolves around practical cases from the companies The exams were timely.

...Read More
Rishika Jain
Rishika Jain MBA, General (Enrolled 2022) Reviewed on Feb 8, 2023
1
0
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Course Curriculum Overview:

My primary motivation for choosing this course was its integration with the IITB ecosystem and its legacy of alumni in diverse fields. The faculty is highly experienced and the course content is relevant to today's day and age. They follow a case-based teaching pedagogy. There are 8 terms spanning over 2 years, two each semester. Exams are conducted at the end of every semester along with other continuous evaluation techniques.

...Read More
Bhadekar Kalyani Kaustubh MBA, General (Enrolled 2022) Reviewed on Feb 8, 2023
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SJMSOM

4.4Helpful

Course Curriculum Overview:

Faculty: Student Ratio is 1:50 Regular exams and surprise tests were a part of the course. Exams are challenging, yet one can pass with decent grades of studied hard. Choose an MBA course as I was looking forward to gaining business knowledge

...Read More
Akanksha MBA, General (Enrolled 2022) Reviewed on Feb 4, 2023
0
0
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Course Curriculum Overview:

I wanted to do a Master of Business Administration to accelerate the pace of my career growth. Student-faculty ratio is 10:1 The teaching method is using cases and some of the teachers are exceptional in teaching.

...Read More
Bharti MBA, General (Enrolled 2022) Reviewed on Feb 4, 2023
1
0
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Course Curriculum Overview:

I had work experience in supply chain and wanted to pursue my career in the operations domain. SJMSOM is known best for its operations. For operations, they have highly experienced faculty. For other subjects as well faculty are highly qualified with master's, and Ph.D. from foreign universities. The student-to-faculty ratio is approximately 10:2, Teaching methodology varies from prof to prof but mostly all faculty follow case-based teaching, putting us into the shoes of managers and making us learn to think like a manager through different cases and examples. In one semester there are two terms, each term has one midterm and one end sem examination. Apart from this regular presentations and assignments. But still, the curriculum is not very hectic, we can manage to have spare time left after classes and assignments and it's not very difficult to pass the examinations.

...Read More
Anonymous MBA, General (Enrolled 2022) Reviewed on Feb 3, 2023
1
1
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Course Curriculum Overview:

I was interested in doing MBA from a college with a better ROI. The course curriculum is very comprehensive and up to the business standards. The faculty to the student is very good for every 5 students we have one faculty. Faculties have done their PhD from world renowned Universities. The exams are conducted 4 times per year. The exams are more practical and it's quite easy to pass. The grading system is very good at SJMSOM

...Read More
SHIVAM VERMA MBA, General (Enrolled 2021) Reviewed on Feb 7, 2022
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