The MBA program at IIT Mandi is relatively new and currently in the initial phases of establishing its placement records, with its first batch undergoing placements. Eligibility for placements begins after the second semester. Despite its novelty, the program has seen participation from companies such as MaxLife, Yum Brands, Axtria, and FIITJEE. Internships are emphasized, with past placements at companies like Tesco, Titan, and Indigo, offering roles in areas like Consumer Insights and Analytics.
The highest internship stipend recorded was Rs. 50,000, with an average of Rs. 22,000. Current internship offers include MaxLife and VGuard. The total fee for the MBA program is approximately 10,72,000 INR, covering tuition, hostel, and mess fees, with hostel and mess fees at about 24,600 INR per semester. Financial support is provided through education loans from SBI, scholarships based on income and merit, and campus job opportunities. The program's fees are competitive with other business schools but higher compared to other courses at IIT Mandi.
The domestic average package for placements is approximately 15 lakh INR per annum, with some international offers available. More detailed placement statistics are expected with the graduation of the first batch.
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