03 Jun, 2025 IIT Bombay MBA Fee Structure 2025-2026 has been released. The total academic fee is ₹ 15.16 Lakhs.
IIT Bombay MBA is offered as 2 Years Full Time program, with total intake of 152 seats. The minimum eligibility criteria for MBA is Graduation with 60% + CAT. The total fees for IIT Bombay MBA in 2025 is ₹ 15.16 Lakhs for the complete course duration, which includes total tuition fees of ₹ 14.95 Lakhs. Earlier, the fees in 2024 - 2025 for MBA was ₹ 8.48 Lakhs.
IIT Bombay Hostel Fee is ₹ 16,900.
Years (2025 - 2026) | year 1 | year 2 | ||
---|---|---|---|---|
Semester | 1 | 2 | 3 | 4 |
Tuition fees | ₹373750 | ₹373750 | ₹373750 | ₹373750 |
Admission fees | ₹9200 | - | - | - |
Caution fee* | ₹5000 | - | - | - |
library fees* | ₹5000 | - | - | - |
miscellaneous fees | ₹1300 | - | - | - |
Semester Wise Fees | ₹394250 | ₹373750 | ₹373750 | ₹373750 |
Yearly Fees | ₹7.68 Lakhs | ₹7.47 Lakhs |
MBA at IIT Bombay is a 2 Years Degree. The course is offered On Campus as a Full Time program. IIT Bombay MBA First Year Fees is INR 7,68,000 for 2025.
IIT Bombay offers a total of 152 seats for MBA . Candidates must have at least Graduation with 60% + CAT to be eligible for admissions. Admissions are offered based on CAT. Check IIT Bombay Admission 2025
IIT Bombay CAT Cutoff 2024 percentile is 90 for the General category. Further, the cutoff percentile is 81 for OBC category, 60 for SC category, Earlier, the CAT cutoff percentile 2023 was 90 for the General category.
According to NIRF Rankings 2023 for Management, IIT Bombay ranks 10 out of 125 in India. In Mumbai, the institute is ranked 2nd by NIRF. Earlier, the institute ranked 11 out of 125 institutes in India.
Fees (2025 - 2026) | Year 1 (in INR) | Year 2 (in INR) | ||
---|---|---|---|---|
Semester | 1 | 2 | 3 | 4 |
Tuition Fees | 373750 | 373750 | 373750 | 373750 |
Admission Fees | 9200 | - | - | - |
Caution Fee * | 5000 | - | - | - |
Library Fees * | 5000 | - | - | - |
Miscellaneous Fees | 1300 | - | - | - |
Semester Wise Fees | 394250 | 373750 | 373750 | 373750 |
Yearly Fees | 768000 | 747500 |
* Fees is refundable
Fees | Year 1 (in INR) | Year 2 (in INR) | ||
---|---|---|---|---|
Semester | 1 | 2 | 3 | 4 |
Tuition Fees | 200000 | 200000 | 200000 | 200000 |
Admission Fees | 8750 | - | - | - |
Other Fee | 17250 | 7350 | 7350 | 7350 |
Semester Wise Fees | 226000 | 207350 | 207350 | 207350 |
Yearly Fees | 433350 | 414700 |
* Fees is refundable
The minimum eligibility for admission to MBA at IIT Bombay is Graduation with 60% + CAT. Candidates are allotted seats based on CAT.
You can check IIT Bombay MBA admission dates 2025 in the section below.
Events | Dates |
---|---|
CAT 2025Exam Date | Nov 30, 2025 |
IIT Bombay MBA Cutoff 2025 has not been released yet. You can check the previous year CAT cutoff percentile for MBA admissions in the section below.
Categories (2024) | Round 1 |
---|---|
General | 90 |
OBC | 81 |
SC | 60 |
ST | 60 |
PwD | 60 |
Categories | Round 1 |
---|---|
General | 90 |
OBC | 81 |
SC | 60 |
ST | 60 |
PwD | 60 |
IIT Bombay ranking 2025 has not been released. You can check the agency wise previous year national ranking below.
Ranking Agency | Latest | Previous |
---|---|---|
![]() | #10 out of 125 (2023) #2nd Mumbai #2 Maharashtra | #11 out of 125 (2022) #2nd Mumbai #2 Maharashtra |
Also Check:
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.
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.
Table of Content
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:
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.
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 |
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 |
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
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.
Events | Dates |
---|---|
CAT 2025Exam Date | Tentative Nov 30, 2025 |
Events | Dates |
---|---|
Offline Personal Interviews for Admission 2025-27 [MBA] | Mar 06, 2025 - Mar 09, 2025 |
Submission Date of Application form for Admission 2025-27 [MBA] | Jan 01, 2025 - Jan 31, 2025 |
Events | Dates |
---|---|
CAT 2025Exam Date | Tentative Nov 30, 2025 |
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Courses | Round 1 (Cutoff percentile) |
---|---|
Compare | 90 |
Courses | Round 1 (Cutoff percentile) |
---|---|
Compare | 75 |
Courses | Round 1 (Cutoff percentile) |
---|---|
Compare | 75 |
Courses | Round 1 (Cutoff percentile) |
---|---|
Compare | 75 |
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Do you think the Rankings are wrong ? Report Here
Years | year 1 | year 2 | ||
---|---|---|---|---|
Semester | 1 | 2 | 3 | 4 |
Tuition fees | ₹200000 | ₹200000 | ₹200000 | ₹200000 |
Admission fees | ₹8750 | - | - | - |
other fee | ₹17250 | ₹7350 | ₹7350 | ₹7350 |
Semester Wise Fees | ₹226000 | ₹207350 | ₹207350 | ₹207350 |
Yearly Fees | ₹4.33 Lakhs | ₹4.15 Lakhs |
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IIT Bombay | IIT Delhi | IIT Kanpur | IIT Kharagpur | |
---|---|---|---|---|
Reviews Rating | ||||
Cost To Study | Total Fees ₹1515500 (2 Years ) | Total Fees ₹1239650 (2 Years ) Hostel Fees ₹43000 | Total Fees ₹474250 (2 Years ) | Total Fees ₹1033800 (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 | ₹10000000 | ₹20000000 | ₹2400000 | ₹21400000 |
Average Salary | ₹2350000 | ₹2582000 | ₹1820000 | - |
General Course Details | Duration - 2 Years Course Offered - Full Time Total Seats - 152 Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree | Duration - 2 Years Course Offered - Full Time Total Seats - 91 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 Total Seats - 200 Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree |
Eligibility | Graduation with 60% + CAT | Graduation with 60% + CAT | Graduation + CAT | Graduation with 50% + CAT |
An MTech from IIT Bombay and an MBA from IIM Bangalore are two very different options. While one focuses on technological aspects the other focuses on managerial aspects. So before even dwelling on the worth of the courses individually you should self-analyze your inclinations and choose one path you are sure about.
Jot down your short and long-term goals. What exactly are you willing to do in your life apart from earning money? Are you more inclined to the corporate world or are the technical elements that attract you more? Having clarity of goals and understanding of what you want from your life is the primary determining factor for choosing your college as well as course.
Objectively, both courses offer a plethora of job prospects and you will gain a lot by choosing any of the two. But making a wise decision here is most important. Choosing an MBA just because it has good career prospects despite having an interest in technology is deluding yourself. You cannot attain success unless you are sincerely passionate about the field you are pursuing.
IIT Bombay provides an MBA program through the Shailesh J. Mehta School of Management (SJMSOM), Mumbai.
The department has signed various MoUs foreign universities for student exchange programs. These universities include- Kellogg Graduate School of Management, University of Connecticut, Hoseo University, and BaaN Institute.
Here is a comparison between IIT Bombay and NMIMS for their MBA programs-
Particulars |
IIT Bombay MBA |
NMIMS MBA |
NIRF Management Ranking 2023 |
10 |
21 |
Highest Package |
INR 72 LPA |
INR 67.80 LPA |
Average Package |
INR 28.88 LPA |
INR 26.63 LPA |
Top Recruiters |
Amazon, EXL Analytics, Google, HCL Tech, Wipro, Deloitte USI, GEP, IBM Consulting, Nation with Namo, PwC US Advisory, Quintics, DBS Bank, Edelweiss Alternative Asset Advisors, Fullerton India, ICICI Bank, etc. |
Aditya Birla Capital, American Express, Goldman Sachs, Crisil, etc. |
Fees |
INR 8 Lakhs (total fee) |
INR 11.95 lakhs (Per annum) |
IIT Bombay offers a much more affordable MBA program, with better placements. Moreover, IIT Bombay is a highly reputed name with a strong industry connection. This makes IIT Bombay a better choice than NMIMS for an MBA.
The answer to your question is objectively based solely on your inclinations. IITs might offer a better ROI than IIMs. But had I been in your place I would have gone for the newer IIMs like Kozhikode or IIM Ranchi which is one of the fastest-growing IIMs. The reasons for taking this decision would have been
All these points make IIM a more tempting choice. Yet if you are tight on budget and just want to go for the Operations domain IIT will do fine for you.
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