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Master of Business Administration [MBA] From IIT Bombay, Mumbai
IIT Bombay Latest Updates and News
- CAT 2024 will be conducted on November 24, 2024. The admit card is available now and can be downloaded from the official website, iimcat.ac.in.
| Years | year 1 | year 2 | ||
|---|---|---|---|---|
| Total Year Wise fees | ₹4.33 Lakhs | ₹4.15 Lakhs | ||
| Semester | 1 | 2 | 3 | 4 |
| Admission fees | ₹8750 | - | - | - |
| Tuition fees | ₹200000 | ₹200000 | ₹200000 | ₹200000 |
| Other fees | ₹17250 | ₹7350 | ₹7350 | ₹7350 |
IIT Bombay Upcoming Application Dates 2024
Important Events
| Events | Dates |
|---|---|
| CAT 2024 Exam Date | Nov 24, 2024 |
| CAT 2024 Result Date | Tentative Jan 10, 2025 |
Expired Events
| Events | Dates |
|---|---|
| CAT 2024 Admit Card Date | Nov 05, 2024 |
| CAT 2024 Registration Date | Aug 01, 2024 - Sep 13, 2024 |
Important Events
| Events | Dates |
|---|---|
| CAT 2024 Exam Date | Nov 24, 2024 |
| CAT 2024 Result Date | Tentative Jan 10, 2025 |
Expired Events
| Events | Dates |
|---|---|
| CAT 2024 Admit Card Date | Nov 05, 2024 |
| CAT 2024 Registration Date | Aug 01, 2024 - Sep 13, 2024 |
Do you think the Dates are wrong ? Report Here
IIT Bombay Cutoff 2024
IIT Bombay, CAT Cutoff 2023
The CAT 2023 cutoff percentile for the Master of Business Administration [MBA] at IIT Bombay was 90 for the General category.
| Round | Cutoff 2023 |
|---|---|
| Round 1 | 90 |
IIT Bombay, DILR Cutoff 2023
The DILR 2023 cutoff percentile for the Master of Business Administration [MBA] at IIT Bombay was 75 for the General category.
| Round | Cutoff 2023 |
|---|---|
| Round 1 | 75 |
IIT Bombay, VARC Cutoff 2023
The VARC 2023 cutoff percentile for the Master of Business Administration [MBA] at IIT Bombay was 75 for the General category.
| Round | Cutoff 2023 |
|---|---|
| Round 1 | 75 |
IIT Bombay, QA Cutoff 2023
The QA 2023 cutoff percentile for the Master of Business Administration [MBA] at IIT Bombay was 75 for the General category.
| Round | Cutoff 2023 |
|---|---|
| Round 1 | 75 |
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IIT Bombay Master of Business Administration [MBA] Ranking
Do you think the Rankings are wrong ? Report Here
Eligibility Criteria
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.
Course Details
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
IIT Bombay MBA Eliigbility
- Graduation Degree holder in any subject from a recognized University or Institution.
- Minimum 60% marks secured in the qualifying examination.
- Candidates belonging to SC/ST category should have a minimum of 55% marks secured in the final examination.
- Appearing candidates can also apply for admission.
- CA/ICWA with a first-class Bachelor’s degree in any discipline having secured 60% marks (55% in case of candidates belonging to SC/ST/PWD category) in aggregate.
IIT Bombay MBA Cut off 2024
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
IIT Bombay MBA Admission Criteria
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:
- First Phase: Shortlisting of candidates for the DPI round, based on the CAT 2023 scores.
- Second Phase: Candidates who qualify the DPI round will be called for counselling at IIT Bombay.
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.
IIT Bombay MBA Admission: How to Apply?
- The application form can be filled online by visiting the official website of the school.
- Click on the application form link and fill in the required details within 50 minutes (as the session will expire after 50 minutes).
- Upload the scanned copies of the below-listed documents:
- Passport size photograph (jpg / jpeg/ png only with size not more than 40KB).
- Signature (jpg / jpeg / png only with size not more than 10KB).
- Graduation Certificate / Copy of latest semester mark sheet (for students appearing for the final semester or yet to receive Graduation Certificate) (PDF Only with size, not less than 500KB).
- Caste certificate (If applicable) (PDF only with size not less than 500KB).
- Physically disabled certificate for applicants with a disability. (PDF only with size not less than 500KB).
- CAT scorecard (PDF only with size not less than 500KB).
- Submit the application form along with the application fee through Net Banking/Debit/Credit Card.
IIT Bombay MBA Batch Profile 2023-25 Batch
IIT Bombay MBA Placements
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 |
IIT Bombay MBA Placements 2023 PPO – Wise
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 |
IIT Bombay MBA Placements 2023 Sector – Wise
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
IIT Bombay MBA FAQs
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.
Master of Business Administration [MBA] Comparison
| IIT Bombay | IIT Delhi | IIT Kanpur | IIT Kharagpur | |
|---|---|---|---|---|
| Reviews Rating | ||||
| Cost To Study | Total Fees ₹848050 (2 Years ) | Total Fees ₹1324000 (2 Years ) Hostel Fees ₹17200 | Total Fees ₹474250 (2 Years ) | Total Fees ₹1130600 (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 | ₹36700000 | ₹20000000 | ₹19000000 | ₹26000000 |
| Average Salary | ₹2350000 | ₹2582000 | - | - |
| General Course Details | 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 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 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 |
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Why To Join IIT Bombay - Reviews & Rating
Most Popular Tags
Likes
- Campus life
- Campus facilities
Dislikes
- Small batch size
Course Curriculum Overview:
The course is well aligned with the current industry standards. There are 116 students and details regarding faculties and batch profiles can be found on the official website. All faculties are graduated from top institutes and research topics covering a variety of industries.
Likes
- The campus
- The faculty
Course Curriculum Overview:
I have enjoyed the curriculum. The methodology is case-based discussion and presentations. The subjects are very interesting and easy to comprehend if lectures are attended regularly. The faculty is very experienced and shares good cases with the batch.
Likes
- Excellent Campus life and Infrastructure
- Placements and future opportunities
Course Curriculum Overview:
As I have varied work experience my target was to pursue a course where I can diversify my knowledge base through experiential learning and gain expertise in a few domains. The teaching pedagogy followed here involves case studies, presentations, assignments, and group discussions which help us to look at a single problem from multiple perspectives. Student to teacher ratio at SJMSOM is ~2.8:1 considering all the faculties (core, adjunct, and visiting). There is a semester system and in each semester there are 2 terms. Each term has mid-term exams, assignments, projects, and end-term exams. Though the course is rigorous it is not difficult to pass. One can get enough free time to focus on other aspects apart from academics as well.
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Likes
- Great campus
- Experienced faculty
Dislikes
- Exam schedule too tentative
- Long hierarchy results in delayed decision making
Course Curriculum Overview:
I chose this course as I was interested in pursuing a career in operations management. The faculties were renowned and the school has a good stature in the corporate world. The faculty: Student ratio is roughly 3:1 and the faculties are majority doctorates. The teaching methodology is that of case studies and class discussions and students are kept busy all year long due to assignments. Although it becomes hectic, the assignments are insightful and do not spark fatigue. The courses were easy to understand and the faculties were very helpful.
Likes
- Small Batch Size
- IIT Bombay Ecosystem & Infrastructure
Student Snaps:
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Course Curriculum Overview:
Management from SJMSOM is General Management which gives an overview of the industry. 1:10. All the faculties are well qualified with PhDs from renowned institutes. The pedagogy revolves around practical cases from the companies The exams were timely.
Likes
- Campus Life
- Teaching
Course Curriculum Overview:
My primary motivation for choosing this course was its integration with the IITB ecosystem and its legacy of alumni in diverse fields. The faculty is highly experienced and the course content is relevant to today's day and age. They follow a case-based teaching pedagogy. There are 8 terms spanning over 2 years, two each semester. Exams are conducted at the end of every semester along with other continuous evaluation techniques.
Likes
- Academic Curriculum
- Professors
Dislikes
- Hostel Rooms
- Mess Food
Course Curriculum Overview:
Faculty: Student Ratio is 1:50 Regular exams and surprise tests were a part of the course. Exams are challenging, yet one can pass with decent grades of studied hard. Choose an MBA course as I was looking forward to gaining business knowledge
Likes
- Excellent campus life
- Great faculty
Course Curriculum Overview:
I wanted to do a Master of Business Administration to accelerate the pace of my career growth. Student-faculty ratio is 10:1 The teaching method is using cases and some of the teachers are exceptional in teaching.
Likes
- Admission Process
- Placement Process-Completely fair
Dislikes
- Infrastructure and facilities for SJMSOM students is less
- Live projects opportunities are not very good
Course Curriculum Overview:
I had work experience in supply chain and wanted to pursue my career in the operations domain. SJMSOM is known best for its operations. For operations, they have highly experienced faculty. For other subjects as well faculty are highly qualified with master's, and Ph.D. from foreign universities. The student-to-faculty ratio is approximately 10:2, Teaching methodology varies from prof to prof but mostly all faculty follow case-based teaching, putting us into the shoes of managers and making us learn to think like a manager through different cases and examples. In one semester there are two terms, each term has one midterm and one end sem examination. Apart from this regular presentations and assignments. But still, the curriculum is not very hectic, we can manage to have spare time left after classes and assignments and it's not very difficult to pass the examinations.
Student Snaps:
Course Curriculum Overview:
I was interested in doing MBA from a college with a better ROI. The course curriculum is very comprehensive and up to the business standards. The faculty to the student is very good for every 5 students we have one faculty. Faculties have done their PhD from world renowned Universities. The exams are conducted 4 times per year. The exams are more practical and it's quite easy to pass. The grading system is very good at SJMSOM
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IIT Bombay: 3 Answered Questions
Which must one choose: M.Tech. from IIT Bombay or MBA from IIM Bangalore?
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.
Which is better, NMIMS or IIT Mumbai for an MBA?
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.
After a B.Tech from an IIT, should one go for an MBA from IIT Bombay / Delhi or from newer IIMs like Kozhikode or Ranchi?
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
- Better opportunities in finance, marketing, and consulting domains.
- Better placement opportunities
- Better industry exposure
- The prestige of being a part of the IIM alumni network
- The IIM tag
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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