The admission process for the MBA program at IIT (ISM) Dhanbad includes a Written Ability Test (WAT) and a rigorous Personal Interview (PI), replacing the previous Group Discussion (GD). The PI is conducted by professors specializing in finance, HR, operations, and marketing to evaluate candidates' motivations, understanding of ROI, and managerial aptitude. Scholarships are available, including the NCM scholarship for families with an income below 4-5 lakh rupees, covering the entire fee, paid by the Jharkhand government.

The standard fee for general candidates is 1,13,000 rupees per semester, totaling approximately 4 lakh rupees for the entire course. Reserved category candidates pay around 20,000 rupees per semester, totaling 1 lakh rupees for the course. During COVID, fees were reduced to approximately 3.8 lakhs for a particular batch. Placement opportunities have improved, with an average package of INR 11 lakh per annum and a highest package of INR 22 lakh.

The lowest package recorded was INR 7 lakh. Internships offer stipends up to INR 35,000 per month. Placements begin in the third semester, with a range of companies visiting, although the placement rate isn't 100%. MBA graduates with technical backgrounds can apply for technical roles, and the college does not mandate participation in placements, allowing flexibility. There's no separate financial assistance, but loans are available through SBI during registration, which occurs in the New Lecture Hall complex.

The MBA program is affordable, with total fees below 4.5 lakh rupees, minimizing the need for additional financial assistance.

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Why To Join DMS, IIT Dhanbad - Reviews & Rating

4.8

(4 Verified Reviews)

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HEGDE SUVRATH RAJENDRA

3.8Helpful

MBA, General

Reviewed on Jul 26, 2023(Enrolled 2023)

Great ROI with a few drawbacks

Fees and Financial Aid:

Currently, there's no separate financial assistance provided for any students as of now though loans are easily available during the registration process by SBI who set up their stall in the New Lecture Hall complex where registrations are conducted. The fee hike can be seen in mess fees, though no such hikes were seen in the course fees. It's one of the most affordable MBAs out there with fees below 4.5 lakh rupees hence most of the students studying here don't require financial assistance separately.

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Sonam Rani

4.6

Reviewed on Apr 9, 2021(Enrolled 2018)

MBA DMS IIT IIS Dhanbad Review

Course Curriculum Overview:

We had total four semesters in two years. In one year, we had two semesters. In the first year, we had all together 9 subjects and these subjects are common subjects. But in the second year, 7 are compulsory papers and 2 are elective or optional papers. Optional papers are major papers, not minor papers.

Kamal Jassal

4.4Helpful

Reviewed on Mar 27, 2021(Enrolled 2019)

IIT ISM Dhanbad Review

Fee Structure And Facilities:

The fee for my batch is 4.2 lakhs but because of this covid situation we got a good amount of refund and it costed around 3.8 lakhs. Regarding scholarships, in IIT we all get the regular central government schemes, the SC/ST students scheme, for specifically girls, merit cum scholarships. There are even scholarships some of my batchmates are taking where they have to pay no fee.

Preetish raj singh

5.0Helpful

Reviewed on Mar 26, 2021(Enrolled 2014)

Preetish Raj Singh's Review On Department Of Management Studies, Indian Institute Of Technology (Indian School Of Mines), Dhanbad

There is an NCM scholarship but I only remember one NCM scholarship. It is given to every student whose father or family income is less than 4 lakhs or 5 lakhs rupees and in that total fee is exempt and the total fee is paid by the government of Jharkhand. That is one scholarship.The fee structure is very minimum costing 15,000 rupees. 15 thousand rupees for a semester. The fee structure is like 98,000 is the fees and 15,000 is the hostel. It cost 1 lakh 13 thousand per semester. Approx. 4 lakhs for general candidate. If you are an SC St candidate or reserved category candidate fee will be 20,000 per semester around so the total fees will be 1 lakh rupees for the course of MBA. Some companies came in summer internship from banking, marketing, insurance, airtel, coca-cola, every company you had there in an internship. And federal bank used to come regularly and it has a pretty good package and we gave preference to the federal bank, then coca-cola and companies like that.

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Fees (2025 - 2026)	Year 1 (in INR)		Year 2 (in INR)
Semester	1	2	3	4
Tuition Fees	₹107268	₹83400	₹93868	₹83400
Semester Wise Fees	₹107268	₹83400	₹93868	₹83400
Yearly Fees	₹190668		₹177268

Fees	Year 1 (in INR)		Year 2 (in INR)
Semester	1	2	3	4
Tuition Fees	₹106850	₹83400	₹93450	₹83400
Semester Wise Fees	₹106850	₹83400	₹93450	₹83400
Yearly Fees	₹190250		₹176850

Ranking Agency	Latest	Previous
	#93 out of 371 (2025) #3rd Jharkhand
	#46 out of 125 (2024) #3rd Jharkhand	#44 out of 125 (2023) #3rd Jharkhand
	#29 out of 46 (2024) #2nd Jharkhand	#31 out of 44 (2023)

Course Highlights	Details
duration	2 Years (Full Time)
course level	PG (Degree)
mode of study	On Campus
total fees (Academic + Hostel Fees)	₹ 3.68 Lakhs
eligibility	Graduation with 50% + CAT

Fee Type	Total Amount (INR)
tuition fee	₹3.68 Lakhs
total fee	₹3.68 Lakhs

DMS, IIT Dhanbad MBA : Fees 2025, Course Duration, Dates, Eligibility