Home Articles IIT Bombay MBA: Fees, Eligibility, Admission 2025, Cutoff, and Placements

IIT Bombay MBA: Fees, Eligibility, Admission 2025, Cutoff, and Placements

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Sudeep Singh
Sudeep Singh
IIT Bombay MBA: Fees, Eligibility, Admission 2025, Cutoff, and Placements

IIT Bombay offers a two-year MBA program through the Shailesh J. Mehta School of Management (SJMSOM). Selection to this program is based on CAT score, academic performance, and work experience. The MBA at IIT Bombay is designed to foster advanced management skills and knowledge in students through 23 diverse courses. IIT Bombay also offers Postgraduates, Management Development Programmes (MDPs), and Ph. Ds in Management.

Furthermore, IIT Bombay is one of the top institutes for Management studies. The NIRF ranked 10th in the Management category and the QS World Rankings 2024 ranked 105th in the business management and studies category. The IIT Bombay MBA fees range from INR 2.69 lakh to INR 20 lakh depending on the program.

Looking at the MIIT Bombay MBA placement reports for 2024, the Highest Package offered was INR 72 LPA, with an Average Package of INR 28.01 LPA. IIT Bombay welcomed top recruiters for its placement drive, adding 11 new companies while retaining 77% of its previous recruiters. Notable participants include Air India, AM/NS, Cipla, Dr. Reddy’s, and Hexaware Technologies.

 

 

IIT Bombay MBA Highlights

ParticularsDetails
ProgramMBA
Rankings

NIRF Rankings 2024: Ranked 10th in the Management Category.

QS World Rankings 2024: Ranked 105th in the Business Management and Studies Category.

Mode of ApplicationOnline
Entrance ExamCAT
Expected CAT Cutoff90 Percentile
IIT Bombay Application FeeRs. 1,600
Selection ProcedureCAT, PI, and Work Experience
Highest PackageRs. 72 LPA
Average PackageRs. 28.01 LPA
Specializations
  • Operations and Technology Management
  • Quantitative Techniques
  • Accounting and Finance
  • Marketing
  • General Management 
  • Human Resources  
  • International Business
  • Economics and Strategy
  • Information Technology

 

IIT Bombay MBA Fees and Eligibility 2025-27

Courses

Total Fees 

Eligibility

Time

MBA/ PGDMRs. 16.54 Lakhs

Graduation with 60% aggregate Marks

Exam - CAT

2 Years
Dual B.Tech + MBARs. 20.32 Lakhs

B. Tech/ BS/ DD degree with minimum 70 CPI

Exam: JEE Advanced

5 Years
EMBARs. 42 Lakhs

Graduation with 60% aggregate Marks

Exam - CAT

18 Months
PhD in ManagementRs. 7.84 Lakhs

Graduation with 60% aggregate Marks

Exams – IIT JAM, GATE, GMAT, CAT, CEED

4-6 Years

 

IIT Bombay MBA Eligibility Criteria 2025-27

Dual B.Tech + MBA Fees & Eligibility

IIT Bombay offers Inter-Disciplinary Dual Degree Program (IDDDP) in Management. In this program, IITB offers a Dual B.Tech + MBA course with specializations in Finance and Operations Management. The total fee for the program is Rs. 20.32 Lakhs for the General/ OBC/ EwS category students. Below are the eligibility criteria and the detailed Fee structure for the IIT Bombay Dual B.Tech + MBA Program

  • B. Tech, BS, or DD students can apply for the program at the end of their sixth semester with departmental approval. They must have a minimum CPI of 7.0 and no backlogs.
  • Students should indicate their preferred specializations, such as Finance or Operations Management.
  • Selection is based on CPI and an interview.
  • Students in this dual degree program cannot pursue a minor in Management.
Dual B.Tech + M.Tech Fee Structure
Fee ComponentsFee Payables
General/ OBC/ EwSSC/ ST/ PwD
B.Tech Fees (First 4 Years)
One-Time Fees (A)
Admission Fees8,7508,750
Student Welfare Fund1,2501,250
Total (A)Rs. 10,000Rs. 10,000
Semester Fees (B)
Tuition Fees- Statutory Fee1,00,00000
Examination & Registration Fee2,2002,200
Gymkhana Fee2,200600
Student Benevolent Find700700
Medical Fee1,9501,950
Student Accident Insurance Fund (SAIF)300300
Total (B)Rs. 1,07,350Rs. 7,350
Refundable Deposits (C)
Institute Security Deposit3,0003,000
Library Security Deposit3,0003,000
Total (C)Rs. 6000Rs. 6000
Grand Total (A+B+C)Rs. 1,23,350Rs. 23,350
 
MBA Fees (2nd Year)
Semester Fees (D)
Tuition Fee2,00,00000
Registration and Examination Fee2,2002,200
Gymkhana Fee2,2002,200
Student Benevolent Fund700700
Student Accident Insurance Fund300300
Medical Fee1,9501,950
Other Fees1,58,0501,58,050
Total B3,65,4001,65,400
Total Dual B.Tech+ MBA Fees (5 Years)Rs. 16.05 Lakhs*

Note:

  • *Excluding Hostel Fees and Per Semester Mess Advance.
  • Every student, who has opted for the Hostel facility, has to pay a "per semester mess advance" of Rs.27,000/-.
  • Up to 4th year, students will continue to pay B Tech/ BS/ DD fees.
  • Upon migrating to the program, they will pay the fifth-year fee as per the 2nd year MBA fee structure of SJMSOM, IIT Bombay.

 

MBA Fees & Eligibility

  1. A four-year bachelor's or master's degree in any discipline with at least 60% marks (55% for SC/ST/PWD) or a minimum CPI of 6.5 (6 for SC/ST/PWD) from recognized institutions.
  2. Final-year candidates and those awaiting results may apply if they have secured 60% marks (55% for SC/ST/PWD) in completed exams.
  3. CA, CS, CFA, ICWA, or FRM with a first-class bachelor's degree and 60% marks (55% for SC/ST/PWD) or a minimum CPI of 6.5 (6 for SC/ST/PWD).
  4. Candidates must have a valid CAT score.
Fee ComponentsFees Payables (Rs.)
General/ OBC/ EwSSC/ ST/ PwD
One-time Fees (Non-Refundables) (A)
  • Admission Fees
8,7508,750
  • Student Welfare Fund
1,2501,250
Total ARs. 10,000Rs. 10,000
Per Semester Fees (B)
Tuition Fee2,00,00000
Registration and Examination Fee2,2002,200
Gymkhana Fee2,2002,200
Student Benevolent Fund700700
Student Accident Insurance Fund300300
Medical Fee1,9501,950
Other Fees1,58,0501,58,050
Total BRs. 3,65,400Rs. 1,65,400
Refundable Deposits (C)
  • Institute Security Deposits
3,0003,000
  • Library Security Deposits
3,0003,000
Total C6,0006,000
Total A + B + CRs. 3,81,400Rs. 1,81,400

 

IIT Bombay MBA Elective Subjects

ProgramElectives
Accounting & FinanceSecurity Analysis and Portfolio Management, Derivatives and Risk Management, Mergers, Acquisitions and Business Valuation, Fixed Income Securities, International Finance, Management of Banking and Financial Services, Foundations of Private Equity and Venture Capital, Econometrics of Financial Markets, Quantitative and Algorithmic Trading, Markets and Treasury Functional Architecture and Processing, Financial Modelling, Sustainable Finance, Indian Financial and Business Models
EconomicsEconomics, Economics of Development in India, Business and Sustainable Development, Behavioral Economics, Cooperative Game Theory, Game Theory of Business Decisions, Infrastructure Development and Financing, Economics of Firm Strategy, International Trade
Decision Sciences & Quantitative TechniquesBusiness Forecasting, Business Dynamics Modeling and Simulations, Multivariate Data Analysis, Predictive Analytics, Decision Models in Management
Operations & Technology ManagementWarehouse Operations, Behavioral Operations Management, Operations Strategy, Project Management, Purchasing and Supply Management, Supply Chain Optimization, Introduction to ERP, Quality Management, Advanced Planning and Scheduling, Large Scale Optimization
MarketingStrategic Marketing, Brand Management, Advertising and Media Management, Consumer Behaviour, Business to Business Marketing, Online Marketing, Sales and Distribution Management
ElectivesInformation Technology, Software Project Management, Information Technology Infrastructure Management, Electronic Business Strategies and Implementation, Intelligent Systems, Managing Digital Product, HR Management & Organizational Behaviour, Management of Change, Management Control Systems, Technology & Strategic Management, Technology Management, Project Management
General ManagementManaging Intellectual Property, Managerial Effectiveness Skills
Strategic ManagementCorporate Competitiveness, Strategic Management of Technology, International Competitiveness, Competitiveness for Sustainable Enterprise

 

IIT Bombay MBA Cutoff: CAT 2024 Cutoff (Expected)

IIT Bombay CAT 2024 Cutoff (Expected)
CategoryDILRVARCQAOverall
General75757590
OBC67.567.567.581
SC50505060
ST50505060
PwD50505060

 

IIT Bombay MBA Admission 2025-27

IIT Bombay provides a two-year MBA program divided into eight terms, offered through the Shailesh J. Mehta School of Management (SJMSOM). Admission to the MBA program at IIT Bombay is based on CAT/GMAT scores. The CAT 2024 results are declared on December 19, 2024. Soon the cutoff for the various institutes will be released along with IIT Bombay. The Highest CATE 2024 percentile achieved is 99.99 percentile.

The Online application for the MBA admission will start on January 01, 2025. The last application date is January 31, 2025, till 5:00 PM. Here are the MBA admission dates, required documents, and application steps.

IIT Bombay MBA Admission Dates

EventsDate
CAT 2024 ResultsDecember 19, 2024
Online ApplicationJanuary 02, 2025
Last Date to ApplyJanuary 31, 2025
Personal Interview ShortlistTo be Announced
Personal Interview6 - 9 March 2025
Final Merit list of Selected CandidatesTo be Announced

 

IIT Bombay MBA Admission 2025-27: Documents Required

DocumentsRequired Document Size
Passport Sized Photo(jpg/jpeg/png, <=60KB)
Signature(jpg/jpeg/png, <=50KB)
Graduation Certificate/latest Semester Mark sheet(PDF, <=500KB)
Caste Certificate(if applicable, PDF, <=500KB)
EWS Certificate(if applicable, PDF, <=500KB)
Disability Certificate(if applicable, PDF, <=500KB)
CAT 2024 scorecard (PDF, <=500KB)
H.S.C./Class XII/Diploma Certificate(PDF, <=500KB)
S.S.C./Class X Marksheet(PDF, <=500KB)
Work Experience Certificate or payslips(PDF, <=500KB)
Shortlisted candidates will be invited to SJMSOM IIT Bombay from March 6-9, 2025.

 

IIT Bombay MBA Application Form 2025-27: How to Apply

The online application portal for the MBA at IIT Bombay will start soon. The MBA admission will be based on CAT 2024 scores. Candidates with qualifying CAT cutoff scores and other eligibility criteria can apply for the MBA program. Follow this step-by-step guide to fill out the IIT Bombay MBA Application Form for the 2025-27 session:

IIT Bombay SJMSOM

 

  • Go to the "Programmes" section in the navigation bar and select the “MBA” program in the "Academic Programs" dropdown.

SJMSOM

 

  • Now, click on the "MBA Admissions" tab and click on the “Link” button, mentioned beside the "Online Application."

IIT BOmbay MBA Program

 

  • The IIT Bombay Admission Portal will Open. Click on the "MBA Admissions" Tab.

IIT Bombay Admission Portal

 

  • The link will direct you to the "SJMSOM Application Portal". Now Click on the “Online Application” button.

SJMSOM Application Portal

 

  • You will land on the "IIT Bombay Registration Portal". Enter your email address and password to register.

IIT Bombay MBA Registration Portal

 

  • After Registration, an "Online Application form" will be open which should be filled out accurately and correctly to apply for the IIT Bombay MBA program.

IIT Bombay MBA Online Application Form

 

IIT Bombay MBA Selection Process 2025-27

The MBA program from IIT Bombay requires candidates to go through two phases of the selection process. Below here is the IIT Bombay MBA Selection Process for 2025-27:

PI Shortlisting

Initially, candidates are shortlisted for the PI round based on their total and sectional percentile scores in the CAT exam. The selection for the PI stage involves multiple factors, each with a specific weightage.

ParametersWeightage
CAT (Overall Score)70%
Graduation5%
Class 12th Marks5%
Work Experience5%
Post Graduation/ Professionals5%
Gender Diversity10%

 

Final Merit list

After the initial phase of the selection process, the shortlisted candidates will go through the PI round after which the Final Merit List will be announced based on the given parameters.

ParametersWeightage
CAT (Overall Score)42.5%
Personal Interview42.5%
Extra Curricular3%
Work Experience6%
Graduation Performance6%

 

IIT Bombay MBA Placement 2024

IIT Bombay MBA placements 2024 concluded with a 100% placement rate. It has received the Highest Package of Rs. 72 LPA and an Average Package of Rs. 28.01 LPA. The median package stands at Rs. 26.73 LPA, while the top 25%, 50%, and 75% of packages average at Rs. 38.29 LPA, Rs. 33.82 LPA, and Rs. 30.71 LPA respectively. Women, on average, received Average Packages worth Rs. 29.31 LPA. The PPO rate is 47%, with an average package of Rs. 29.97 LPA.

IIT Bombay invited top recruiters to take part in this placement drive. It has added 11 new recruiters while able to retain 77% of their previous recruiters. Some of the notable recruiters include Air India, AM/NS, Cipla, Dr. Reddy’s, and Hexaware Technologies.

ParticularsPlacement Statistics
Number of Candidates Eligibile115
Number of Candidates Placed115
Placement Rate100%
Number of New Recruiters11
Number of Recruiting Companies48
Highest PackageRs. 72 LPA
Average PackageRs. 28.01 LPA
Median PackageRs. 26.73 LPA
Top 25% Average PackageRs. 38.29 LPA
Top 50% Average PackageRs. 33.82 LPA
Top 75% Average PackageRs. 30.71 LPA
Women Average PackageRs. 29.31 LPA
PPO Rate47%
PPO Average PackageRs. 29.97 LPA
Top RecruitersAir India, AM/NS, Cipla, Dr. Reddy’s, Hexaware Technologies

 

IIT Bombay MBA Placements 2024: Sector-wise

SectorPlacement Percentage
BFSI & Conglomerate19%
Consulting12%
Pharma & Others27%
IT/ E-Commerce23%
FMCG/ FMCD19%

 

IIT Bombay MBA Placements 2024: Domain-wise

SectorPlacement Percentage
Engineering & Others20%
Information Technology33%
Sales & Marketing7%
Consulting & Analytics21%
Operations19%

 

IIT Bombay MBA Placement 2024: Top Recruiters

IndustryCompanies
BFSI & ConglomerateAxis Bank, Edelweiss, ICICI Bank, IDFC First Bank, JPMC
ConsultingAccenture Strategy, Deloitte USI, GEP, Kearney, PwC
IT & EcommerceAmazon, Accenture, Axtria, eBay, EXL Analytics, Flipkart, HCLTech
FMCG/FMCDAsian Paints, Britannia, Colgate Palmolive, HUL, L’Oréal, Marico, Mondelēz
Pharma & OthersAir India, AM/NS, Atomberg, Cargill, Cipla, Diageo Business Services, Dr. Reddy’s, Landmark Group
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