Men Speaker

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.

  • Bachelor’s degree from any recognized university with a minimum aggregate score of 60% (55% in case of SC/ ST/ PD).
  • CA/ ICWA with a Bachelor’s degree in any stream with a minimum aggregate score of 60% (55% in case of SC/ ST/ PD) were also eligible to apply.
  • Final year candidates were also eligible for registration by providing semester mark sheets.
  • To qualify for the DPI round, candidates need to score overall as well as section-wise cut-off marks in CAT 2023. 

  • 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 - September 13, 2023 September 20 (Extended)
    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

    Yes, SJMSOM provides opportunities for international placements. Several multinational companies participate in the placement process, offering roles both in India and abroad. Students can explore international job opportunities based on their interests and preferences.
    SJMSOM maintains close ties with the industry through collaborations, industry visits, guest lectures, and internships. The curriculum is regularly updated to align with industry requirements, ensuring that students develop the necessary skills and knowledge sought by employers. This industry relevance plays a significant role in the success of placements.
    SJMSOM allows students to pursue dual placements or internships in different sectors. It provides flexibility for students to explore their interests and career options. The institute supports students in securing multiple offers, provided they meet the respective company's selection criteria.
    The placement cell at SJMSOM acts as a bridge between the students and the recruiters. It facilitates the entire placement process, from inviting companies to campus, organizing pre-placement talks, coordinating interviews, and assisting in final placements. The placement cell works closely with students to understand their career aspirations and guide them throughout the process.
    Yes, SJMSOM allows students to participate in off-campus placements. While the institute facilitates on-campus placements with a wide range of recruiters, students also have the freedom to explore opportunities outside the campus placement process. The placement cell provides support and guidance to students interested in off-campus placements.
    There is no certain score limit or minimum score for GMAT required at SJMSOM. NRIs or Foreign candidates with a valid GMAT score are eligible to apply at the institute and the best eligible student will be selected among the NRI's applications.
    SJMSOM IIT Bombay strictly follows the reservation policy as per the Government of India guidelines and norms. Hence, apart from the given reservation policy under the Government of India, there is no other institutional reservation policy at SJMSOM.

    Contact Us

    OCTA EDUCATION CONSULTANT

    Contact:- +91 9958405406, +91 9810804802