SJMSOM MBA : Fees 2026, Course Duration, Dates, Eligibility

Mumbai, MaharashtraEstd 1995
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Collegedunia Team

Content Curator | Updated on - Mar 23, 2026

The Master of Business Administration (MBA) at Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay is a prestigious 2-year full-time program designed to develop business leaders and managers for global organizations. With a total fee of INR 15.15 lakhs and an intake of 240 students, the program is highly selective and requires a minimum 60% marks in graduation and a strong CAT score. SJMSOM MBA is popular among aspiring managers for its IIT Bombay affiliation, world-class faculty, emphasis on case study method, strong industry collaborations, international exposure, and exceptional placement outcomes with average package of INR 28.01 lakhs.

Admission for the 2026-28 batch is currently open with application window from January 1 to January 31, 2026. Personal interviews are scheduled for March 5-8, 2026, with final offers expected in May 2026.

Key Points

  • Affiliation with IIT Bombay, one of India's premier research institutions
  • World-class faculty with international research credentials and industry experience
  • Case study method of teaching emphasizing real-world business scenarios
  • Specializations in Finance, Marketing, Operations, and Strategy
  • Strong industry collaborations and corporate partnerships
  • International exposure through exchange programs and global immersion
  • Comprehensive leadership development and soft skills training
  • Strong alumni network with leaders in top companies globally
  • State-of-the-art campus facilities and learning resources
  • Emphasis on entrepreneurship and innovation
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31 Studentsshown interest in the last 30 days

SJMSOM MBA Fees

The MBA program at SJMSOM IIT Bombay is competitively priced at INR 15.15 lakhs for the complete 2-year duration. The fee structure includes tuition fees, admission fees, and other charges spread across four semesters. Hostel and mess fees are additional and optional. The program offers excellent value for money considering the IIT Bombay brand, world-class faculty, and exceptional placement outcomes. The fee is comparable to other top management programs in India.

Fee Structure

Fee ComponentSemester 1Semester 2Semester 3Semester 4Total
Tuition Fees1,50,0001,50,0001,50,0001,50,0006,00,000
Admission Fees50,000---50,000
Student Welfare Fund25,000---25,000
Other Charges1,20,0001,20,0001,20,0001,20,0004,80,000
Semester Total3,45,0002,70,0002,70,0002,70,00011,55,000
Hostel & Mess (Optional)1,10,0001,10,0001,10,0001,10,0004,40,000
Total with Hostel4,55,0003,80,0003,80,0003,80,00015,95,000
  • Hostel and mess fees are optional and vary based on accommodation type.
  • Tuition fees are non-refundable.
  • Other charges include library, computer lab, and activity fees.
  • Education loans are available through leading banks.
  • Payment can be made through bank transfer or online payment gateway.

Note:

Above fee includes Hostel Expenses

SJMSOM Fees

SJMSOM MBA Admission 2026

SJMSOM MBA follows a merit-based selection process combining CAT score, academic performance, work experience, and personal interview. The admission process is highly competitive with a CAT cutoff of 90 percentile for general category, 81 percentile for OBC, and 60 percentile for SC/ST candidates. The program evaluates candidates holistically to identify those with strong leadership potential and commitment to management education.

College-Specific Dates

EventDate
CAT 2025 ExamNovember 30, 2025
CAT ResultsDecember 24, 2025
Application Window OpensJanuary 1, 2026
Application DeadlineJanuary 31, 2026
Shortlist AnnouncementFebruary 2026
Personal InterviewMarch 5-8, 2026
Final OffersMay 2026
Program CommencementJuly 2026
The dates mentioned above are tentative and subject to change.

Eligibility Criteria

  • Graduation (Bachelor's degree) from a recognized university with minimum 60% marks (55% for SC/ST/PwD candidates)
  • Valid CAT score (CAT 2025 or CAT 2024 with minimum cutoff percentile)
  • Work experience is not mandatory but is considered during selection
  • Strong communication and analytical skills

Admission Process

  • Online application submission through IIT Bombay's official portal with CAT score
  • Shortlisting of candidates based on CAT score, academics, and work experience
  • Invitation to Personal Interview (PI) round
  • Personal interview assessing leadership potential, communication skills, and motivation
  • Group discussion (if applicable) to evaluate teamwork and analytical abilities
  • Merit-based final selection combining CAT score, academics, interview performance, and work experience
  • Offer letter issuance and admission confirmation

SJMSOM: Students' Opinion

AI-Generated Summary based on 23 Reviews

The admission process at SJMSOM, IIM Bombay, is thorough, beginning with an application deadline at the end of January. Shortlisted candidates proceed to a Written Ability Test (WAT) in March, followed by a Personal Interview (PI) and Group Discussions (GD). The two-year MBA program has a fee structure of approximately INR 16 lakhs, including hostel and mess fees, with reduced fees of around INR 6.5 lakhs for SC, ST, and PwD categories.

Scholarships are available for 15-20% of students based on merit, need, and category, with prominent ones from ABG and Reliance. Loan facilities are easily accessible. SJMSOM boasts a strong placement record, with 100% placement and an average salary package of 28.88 LPA as of 2023. The highest salary package reached 54 LPA. The placement process is efficient, concluding typically within three days, with top recruiters including P&G, Nestle, and JP Morgan Chase.

Summer placements also have a 100% success rate, with internship stipends ranging from 2 to 4.4 lakhs for two months. Despite recent fee hikes, the return on investment remains favorable compared to other top B-schools in India.

...Read More
 By Collegedunia’s Personal AI

SJMSOM MBA Scholarships 2026

SJMSOM IIT Bombay offers limited scholarships and financial aid options for MBA students. Merit-based scholarships recognize academic excellence and CAT performance, while need-based scholarships assist students from economically disadvantaged backgrounds. The institute also facilitates education loans through leading banks.

Scholarship Details

Scholarship TypeAmountEligibility
Merit-Based ScholarshipUp to 2,00,000Top CAT scorers and academic performers
Need-Based ScholarshipUp to 1,50,000Annual family income below 5 lakhs
Education LoanUp to 20,00,000All eligible candidates
Government ScholarshipsVariesSC/ST/OBC/PwD candidates
  • Scholarships are awarded on a competitive basis.
  • Education loans are available through HDFC Bank, ICICI Bank, Canara Bank, and other leading institutions.
  • The college assists in loan documentation and processing.
  • Students are encouraged to explore external scholarships from government agencies and corporate foundations.

SJMSOM MBA Placement 2026

SJMSOM MBA has consistently achieved 100% placement rate with exceptional salary packages. The 2024-25 batch received an average package of INR 28.01 lakhs with the highest package reaching INR 72 lakhs. The program has strong relationships with 48+ leading recruiters across sectors including consulting, finance, technology, and FMCG. Top recruiters include McKinsey, Goldman Sachs, Deloitte, Microsoft, Amazon, and numerous multinational corporations.

Placement Metrics

Placement MetricValue
Final Placement Rate100%
Highest Package72.00 LPA
Average Package28.01 LPA
Median Package26.50 LPA
Top 10% Average45.00 LPA
Top 25% Average38.00 LPA
Number of Recruiters48+
Internship Placement Rate100%
Average Internship Stipend2,50,000 per month

Sector-wise Placement Distribution: Consulting - 30%, Finance - 25%, Technology - 20%, FMCG & Retail - 15%, Others - 10%

SJMSOM MBA Ranking

Collegedunia Ranking

#18 out of 372 in India 2025 

IIRF Ranking

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SJMSOM MBA FAQs

Q1: What CAT score is required for SJMSOM MBA admission?

Ans. The CAT cutoff for SJMSOM MBA 2026-28 is 90 percentile for general category, 81 percentile for OBC, and 60 percentile for SC/ST candidates. However, a higher CAT score significantly improves your chances of admission. The final selection is based on a combination of CAT score, academic performance, work experience, and personal interview performance. Candidates with CAT scores above 95 percentile have strong chances of admission.

Q2: How do I choose the right specialization - Finance, Marketing, Operations, or Strategy?

Ans. The choice of specialization depends on your career interests and strengths. Finance specialization is ideal for those interested in investment banking, corporate finance, or financial analysis roles. Marketing specialization suits those interested in brand management, product management, or sales roles. Operations specialization prepares you for supply chain, logistics, or process management careers. Strategy specialization is suited for consulting and business development roles. The program allows flexibility to explore courses in the first semester before finalizing specialization.

Q3: What are the placement outcomes and career prospects after SJMSOM MBA?

Ans. SJMSOM MBA has achieved 100% placement rate with an average package of INR 28.01 lakhs and highest package of INR 72 lakhs. Graduates pursue careers in top consulting firms, investment banks, technology companies, and multinational corporations. Many alumni are now in senior management positions at leading companies globally. The strong IIT Bombay brand and alumni network provide significant career advantages. The program's emphasis on case study method and industry collaborations ensures students are well-prepared for real-world business challenges.

Q4: What is the campus life and student community like at SJMSOM?

Ans. SJMSOM has a vibrant and intellectually stimulating campus environment with a diverse community of students from various backgrounds and countries. The campus offers excellent facilities including libraries, computer labs, seminar halls, and recreational areas. Regular seminars, workshops, and industry interactions provide opportunities for learning and networking. The student community is collaborative and supportive, with active clubs and committees. The IIT Bombay campus provides access to various cultural, sports, and recreational activities.

Q5: How does SJMSOM MBA compare with IIM programs in terms of ROI and career prospects?

Ans. SJMSOM MBA offers excellent return on investment with total fees of INR 15.15 lakhs and average placement package of INR 28.01 lakhs. Compared to IIMs charging 20-25 lakhs, SJMSOM provides comparable placement outcomes at lower cost. The program's emphasis on case study method, world-class faculty, and strong industry connections ensure quality education comparable to top IIMs. The IIT Bombay brand and strong alumni network provide significant career advantages. Many SJMSOM alumni have progressed to senior management positions in leading companies globally.

Q6: Is work experience required for SJMSOM MBA admission?

Ans. Work experience is not mandatory for SJMSOM MBA admission. The program accepts both freshers and experienced professionals. However, work experience is considered during the selection process and can strengthen your application. Freshers with strong CAT scores and academic performance have good chances of admission. The program values diversity and welcomes candidates from various backgrounds and experiences. The admission committee evaluates each candidate holistically based on multiple parameters including CAT score, academics, work experience, and personal interview performance.

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SJMSOM: 1 Answered Question

Which one is better for the long term: an MBA from IIM Shillong, IIM Trichy or SJMSoM IIT B?

Amritansh PandeyMBA from Indian Institute of Management Shillong (2019)

IIT B is particularly known for its specialization in Operations. Although it has a decent specialization in other domains like Marketing and IT as well, it is for Operations that people usually choose it. Some consider IIM Shillong or Trichy a better option for Finance. But I personally think that SJMSom IIT B is overall a better choice.

I cannot choose one between IIM Trichy and Shillong as both are at an equal level at this point. Despite being new, Trichy has managed to be in the league of Shillong. It has been growing at a fast pace and may even surpass IIM Shillong in the near future.

So if I am to rank the above options it has to be

SJMSom>IIM Shillong=IIM Trichy 

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Why To Join SJMSOM - Reviews & Rating

General
General
General
General
4.5
& Win Monthly Prizes Up to ₹1 Lakh/-*
5(89%)
4(4%)
3(7%)
2(0%)
1(0%)

Academic
4.5
Faculty
4.3
Infrastructure
4.7
Accommodation
4.1
Social Life
4.5
Placement
4.5

Most Popular Tags

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Akash Kumar Singh
4.6Helpful
Reviewed on Jan 10, 2025(Enrolled 2024)

Fees and Financial Aid:

you have to pay about 717650 in the first year for MBA(Finance). and as we now that MBA is of 2 years so that we have toh pay about 14.27 Lakhs. As one of my friend belongs to SC category so he have to pay only 6.4 Lakhs for the entire course.
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VASHODIA CHAHAT RAJINDER
4.0Helpful
Reviewed on Feb 13, 2023(Enrolled 2022)

Fees and Financial Aid:

The fee structure can be found on the official website. One can take scholarship loans from banks present on campus. Scholarships are given to students who have a CGPA of more than 8 in Semester 1. Internship details can be found in the summer internship report which can be downloaded from the website.
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Vinayak Nanda
5.0
Reviewed on Feb 8, 2023(Enrolled 2022)

Fees and Financial Aid:

Fees were last hiked for the 2024 batch and overall it is nearly 1600000 for the whole course including the hostel. Food expense is extra and Mumbai life coats a little extra too. The scholarship is merit-based and backs provide loans as financial assistance for the institute.
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Agarwal Nidhaan Nawalkishore
4.5Helpful
Reviewed on Feb 8, 2023(Enrolled 2022)

Fees and Financial Aid:

The current fee structure is 348200 per semester without mess and hostel fees. Including everything it costs around 16L for 2 years. The fees were hiked just a few years back and still, it is lower than the majority of the institutes. There are scholarship opportunities for about the top 20 candidates. Apart from this, you can opt for live projects and winter internships as well throughout your tenure.
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Amartya Anand Thigale
Amartya Anand Thigale
4.9Helpful
Reviewed on Feb 8, 2023(Enrolled 2022)

Fees and Financial Aid:

The fee hike was brutal, doubling the fees from the last batch to ours. This would be a case of large disagreement but the students are generally silent as the B.School market is highly competitive. I got no scholarship or stipend when on campus.
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Rishika Jain
Rishika Jain
4.5Helpful
Reviewed on Feb 8, 2023(Enrolled 2022)

Student Snaps:

Fees and Financial Aid:

The ROI of the institute is one of the best among the management institutes in the country. The fee hike is minimal. Other scholarships based on performance merit and loan assistance are available on campus.
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Bhadekar Kalyani Kaustubh
4.4
Reviewed on Feb 8, 2023(Enrolled 2022)

Fees and Financial Aid:

There are several scholarships available based on need and merit. The details for the same are available on som.iitb.ac.in. There are several academic scholarships available for the best-performing students every semester.
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Akanksha
4.4Helpful
Reviewed on Feb 4, 2023(Enrolled 2022)

Fees and Financial Aid:

Fee Structure: About 3.5-4L per semester. Financial Assistance - Various banks provide loans to students at competitive interest rates. Students can choose to apply for the same. Internship stipends can also help students assist their education
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Bharti
4.3Helpful
Reviewed on Feb 4, 2023(Enrolled 2022)

Fees and Financial Aid:

Fees are 1600000 including hostel fee and mess charges. There might be a slight increments in fees every year which will be updated on the website. People with reservations might avail of tuition fee waivers based on the category. I received No scholarship.
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Anonymous
4.1Helpful
Reviewed on Feb 3, 2023(Enrolled 2022)

Fees and Financial Aid:

Fees structure is 363100 per semester which totals 14,52,000. Apart from this hostel and mess fees are roughly 55k per year. so the total estimated cost to study comes to around 16 lakhs. This year in 2022 only, there was a fee hike. earlier than this it was only 8-9 lakhs total tuition fees. But still, fees are less than comparative IIMs.
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