IIT-Bombay (IITB)
IIT Bombay MBA Admissions 2024 are based on CAT score. CAT 2023 registrations are over now and admit card will be released on October 25 onwards. CAT 2023 is scheduled on November 26, 2023. 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.
IIT-Bombay Courses & Fees Structure 2024
IIT Bombay offers MBA program through its on-campus college, Shailesh J Mehta School of Management (SJMSOM) in 4 specializations, namely, Finance, Operations, Human Resource, and Accounting. The minimum eligibility required for applying is 60% aggregate marks in Graduation. IIT Bombay MBA admission is based on CAT score, composite score, PI round, and final merit list prepared by the institute.
IIT Bombay MBA Eligibility & Fees
Candidates must fulfill the following criteria to take admission to an MBA program in SJMSOM, IIT Bombay.
IIT Bombay MBA Fees
Particulars | General | Reserved Category |
One-time Fees (At the time of admission) | INR 8,900 | INR 8,900 |
Per Semester fees | INR 3,47,600 | IRN 1,47,600 |
Refundable deposits (To be paid at the time of admission) | INR 3,65,500 | INR 1,65,500 |
IIT-Bombay Admission 2024
Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay offers PG and doctoral-level courses in the field of management. SJMSOM inducts candidates for its flagship MBA programme based on a valid score in CAT. Also, SJMSOM offers Inter-Disciplinary Dual Degree Program (IDDDP) in Management for 4th year BTech/BS/Dual degree students of IIT Bombay. The CAT application process is ongoing. Candidates willing to take admission to the MBA programme at SJMSOM must take the CAT exam. Given below are some of the important admission highlights regarding SJMSOM, IIT Bombay.
IIT Bombay MBA Admission 2024
SJMSOM IIT Bombay MBA admission is based on CAT exam score followed by PI round. The minimum eligibility required for applying is a Bachelor’s degree or a Master’s degree with at least 60% marks.
IIT Bombay MBA Eligibility Criteria
- A Bachelor’s degree or a Master’s degree with at least 60% marks (55% in case of candidates belonging to SC/ ST/ PWD category).
- Applicants appearing for final year of the degree and those who have completed the degree requirements and awaiting results can also apply.
- 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 (including all years/semesters) or a minimum CPI of 6.5 (6 in case of candidates belonging to SC/ ST/ PWD category) out of 10.
IIT Bombay MBA Selection Criteria
The admission process for the MBA program will be carried out in two phases. Candidates securing a minimum overall percentile score as well as minimum sectional percentile score in CAT as mentioned below will be considered for shortlisting for WAT/PI process.
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 |
Phase 1: Composite score to be used for Shortlisting for WAT (Written Ability Test) and PI (Personal Interview). 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:
Parameter | Weightage |
---|---|
Performance in CAT 2023 | 70% |
12th | 5% |
Graduation | 5% |
Gender Diversity | 10% |
Post Graduate/Professionals | 5% |
Work Experience | 5% |
Phase 2: Final Selection: Merit List preparation
The final Merit list of candidates selected for offering admission to the MBA program at SJMSOM, IIT Bombay will be based on the candidate’s composite score of different parameters whose weights are as mentioned below-
Parameters | Weightage |
---|---|
CAT 2023 Overall Score | 42.5% |
Personal Interaction (PI) | 42.5% |
Candidate’s Profile | 15% |
IIT Bombay EMBA Admissions 2024
Under the discipline of Management, the institute also offers an Executive MBA program for a duration of 18 months. The program is provided jointly in association with Washington University. With a Bachelor's degree in a relevant discipline, the candidate can apply for admission at IIT Bombay EMBA program. The selection of the candidate will be based on merits obtained in the previous qualifying exam.
IIT Bombay EMBA Eligibility Criteria
EMBA aspirants must possess the following qualifications to be considered eligible for admission-
- Bachelor’s degree or equivalent from an institution of higher education,
- +7 years of work experience (after completing the qualifying degree) including five years of managerial experience or equivalent,
- Good proficiency in spoken and written English,
- Functional computer skills,
- LOR by their employer with a commitment of employer sponsorship, or self-employed with an ability to pay applicable tuition and fees;
- Satisfactory performance in a structured admissions interview focused on leadership and teamwork experience and potential.
IIT Bombay EMBA Selection Criteria
For the purpose of admission, the candidates must appear for the interview round. Candidates will be assessed on the basis of the following:
- Academic Qualification
- Proficiency in English as measured by admission interview performance and/or valid TOEFL/ IELTS scores. Optional TOEFL/IELTS scores may be emailed with other supporting documents to the program office.
- Quality of work experience: nature of responsibility and managerial experience
- Leadership experience, evidence/track record of professional success
- Communication skills
- Motivation to learn and participate in the program
- Quality of application and supporting documents
- Most candidates are not required to submit CAT, GMAT, or GRE scores. Exceptions are made for individuals who need to demonstrate mastery of necessary quantitative skills.
IIT Bombay Important Dates
The important dates for IIT Bombay are as follows:
MBA Events | |
---|---|
CAT Registration Window | August 02 - |
Admit Card Download | October 25, 2023 |
CAT 2023 Exam Date | November 26, 2023 |
CAT Result Declaration | Second Week of January |
IIT-Bombay : Placement
The placement rate recorded during SJMSOM IIT Bombay MBA placements 2023 was 100%. The highest package and average package offered during SJMSOM IIT Bombay MBA placements 2023 stood at INR 54 LPA and INR 28.88 LPA, respectively. The top recruiters of SJMSOM IIT Bombay in 2023 included leading companies such as GEP, HUL, Google, Accenture, Cargill, etc.
IIT-Bombay Placements 2023 Report :->>>
IIT-Bombay Placement report of the academic batch 2021-23 is mentioned below:
Particulars | MBA 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% |
IIT Bombay Placements 2023 Company-wise
The below table represents the company-wise statistics of IIT Bombay Placements 2023:
Company Type | No. of Placed Students |
---|---|
Placement Outside India | 65 |
Placements in MNCs in India | 790 |
Placements in Indian Companies | 661 |
IIT-Bombay : Scholarship
Scholarships are provided on merit- basis from the Shailesh J Mehta Endowment Fund to 20% of the students.
IIT-Bombay FAQ
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