Course | Fees | Eligibility | Application Date | Action |
---|---|---|---|---|
MBA 1 Course | ₹6.53 Lakhs (1st Year Fees) | Graduation + CAT | 27 Dec - 04 Feb 2024 | |
Ph.D 6 Courses | ₹15,650 (1st Year Fees) | Post Graduation | 11 Nov - 31 Mar 2025 | |
EMBA 6 Courses | ₹17 Lakhs (Total Fees) | Graduation | - | |
M.Sc 1 Course | ₹10,194 (1st Year Fees) | Graduation | - | |
B.Tech + MBA | ₹3.4 Lakhs (1st Year Fees) | 10+2 | - |
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College | Avg Fees/ year |
---|---|
TAPMI Manipal, Manipal | ₹887000 |
VGSOM - Vinod Gupta School of Management IIT, Kharagpur | ₹1135250 |
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IIT Madras has one of the lowest fees when it comes to top management institutes in India with annual fees being close to 7 Lacs including hostel and everything else. We also have a foreign exchange program which takes us to various universities which IIT Madras has collaborations especially in the European nations. Multiple financial aids are available for the students especially from the Alumni Association. I was part of multiple teams in the campus I also did a summer internship in a company based out of IIT Madras Research Park
The fees at DoMS IIT Madras are very less, just 8.5 lakhs for 2 years as tuition. So great ROI. Scholarships are provided to students based on their performance. Financial assistance in the form of bank loans is easily available.
The overall fee of the course comes around 1200000 which includes hostel expenses and abroad programs. Scholarships are provided based on the family income level of the student. The institute always does a good job in placements by getting all the students of the batch placed. Few students however opt-out from the campus placement but still get placed in reputed organizations.
All the scholarships that aren't exclusive to the Btech course are applicable to DoMS students also. The fees is around 2 lakhs for 1 semester and total around 7-8 lakhs for 2 years. They are not charging the hostel fees as the classes are going online.
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The Department of Management Studies (DoMS) of IIT Madras was established in 2004 (and IITM has been delivering MBA studies since 2001). On the other hand, IIM Amritsar was established on July 27, 2015. IIT Madras is the first IIT to open its doors to enthusiasts from streams other than engineering. These degrees include- MBA, B.A., B.Sc., B.Com., etc.
Given below are some factors by which you can analyze which is better for an MBA as a fresher:
Particulars | MBA at IIT Madras | MBA at IIM Amritsar |
---|---|---|
Specializations | Finance, HR&B, Information Systems, Integrative Management, Marketing, and Operations. | General MBA |
Curriculum | 1st Year: Data Analytics, Basics of Accounting, Spreadsheet Modelling, Financial Accounting, Marketing Management I, Operations Management, etc. 2nd Year: Business Models, Contemporary Issues in Management, Behavioural Lab etc. |
First Year: basic Financial Accounting, Management Accounting, Business Research Methods, Corporate Finance, Fundamentals of Marketing, Fundamentals of Operations Management etc. 2nd Year: Investment Analysis & Portfolio Management, Entrepreneurship and New Venture Management, Strategic Consulting, Design Thinking & Innovation, Financial Modeling. |
Total Fee | INR 17 lakhs. | INR 12 Lakhs |
Placement | Highest CTC: INR 29.65 LPA Average CTC: INR 16.93 LPA |
Highest CTC: INR 20.57 LPA. Average CTC: INR 16.51 LPA |
I would suggest you choose DoMS, IIT Madras over IIM Amritsar since the former has a legacy and a stronger industry connection. IIM Amritsar has just stepped into this race. Moreover, IIT Madras offers a wide range of specializations in its MBA program.
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