IIT Bombay MBA: Fees, Courses, Eligibility

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Updated on - Mar 19, 2024

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Updated on - Mar 19, 2024

IIT Bombay MBA Fees and Courses Summary

Specialization Duration Tuition Fees
MBA in Finance 2 Years ₹2.28 LPA
MBA in Accounting 2 Years ₹2.28 LPA
MBA in HR 2 Years ₹4.28 LPA
MBA in Operation 2 Years ₹2.28 LPA

IIT Bombay MBA Highlights

Course Name MBA
Course Level Masters Program
Duration 2 Years
Average Fees ₹ 2,77,800
Mode Offline

MBA [Master of Business Administration] Details

The IIT Bombay MBA course is a two-year program. This course is offered by the Shailesh J. Mehta School of Management at IIT Bombay. The Masters of Business Administration course consists of four specializations. Admission to the MBA program at IIT Bombay is through the CAT entrance test. 

Table of Contents

IIT Bombay MBA Eligibility Criteria

The eligibility criteria for IIT Bombay MBA courses are as follows.

Course Eligibility
MBA Bachelor’s degree in any discipline with a minimum of 60% from a recognized university

IIT Bombay MBA Admission

Admission to the MBA courses at IIT Bombay is through the CAT entrance exams. Interview rounds follow the entrance test for final admissions. 

Application Procedure 

The IIT Bombay MBA application process is entirely online. Students must apply through the official website; the steps are as follows:

  • Visit the IIT Bombay official webpage.
  • Register with the required credentials.
  • Fill out the application with the necessary documents.
  • Pay the application fee.
  • Submit the application.

 The application would only stand complete with payment of application fees. Students must download a copy of the application for future reference.

Entrance Exams

Admissions to the IIT Bombay MBA course are based on the CAT entrance test. The interview round follows the entrance tests. The final selection is based on the student's overall performance.

Documents Required

The following documents are required for the IIT Bombay MBA program application process.

  • Scanned photograph and signature
  • Mark­sheet of the last semester/ consolidated mark­sheet of the qualifying degree
  • Result awaited candidates have to upload their latest/ previous semester mark­sheet
  • Caste certificate (if applicable)
  • PwD certificate (if applicable)
  • Sponsorship certificate (if applicable)
  • Statement of purpose

IIT Bombay MBA Fees 

The IIT Bombay MBA course fee details are shown below. 

Course name Duration

Fees (Total)

MBA 2 years INR 3.63 L

IIT Bombay charges INR 300 application fees apart from course fees.

Why Choose IIT Bombay MBA?

Here are a few reasons to choose the IIT Bombay MBA courses.

  • IITB's SJMSOM is one of the best management schools in the country. 
  • The International Relations cell of IITB's SJMSOM is dedicated to giving students a whole new set of possibilities for global exposure.
  • The institute ensures that students get a comprehensive education.
  •  IITB's SJMSOM seeks to develop managers for an integrated understanding of all business functions.

IIT Bombay MBA Cutoff

IIT Bombay CAT cutoff scores for MBA courses are stated below.

Course

Cutoff Scores (in percentile)

MBA 81

IIT Bombay MBA Specializations

IIT Bombay MBA courses' specializations are stated below.

MBA Specializations
Finance Operations Management
Information Systems Marketing

IIT Bombay MBA Rankings

IIT Bombay rankings are stated below.

Ranking Body 2020 Rank 2021 Rank 2022 Rank
QS India Rankings 1 1 Not released yet
QS World Ranking 4 4 Not released yet
The Week 13 13 Not released yet
NIRF 11 11 Not released yet

IIT Bombay MBA Placements

IIT Bombay MBA courses' placements are stated below.

Particulars Highlights
Highest package INR 49 LPA
Average package INR 24 LPA
Major recruiters Reliance, JPMC, Pwc

IIT Bombay MBA Career Opportunities

For students of MBA, the field of business and cooperative opportunities are equally lucrative. Given below are such job opportunities.

Job Profiles for MBA
Management Head IT Manager

Human Resources Associate

IIT Bombay MBA Scholarships

Here are a few scholarship options for the students of MBA at IIT Bombay. 

  • Merit cum means scholarships.
  • IIT Bombay Heritage Fund Scholarship.
  • Dr Burjor Godrej Merit Scholarship 
  •  Aditya Birla Scholarship.
  • OPJEMS Scholarship
  • Inspire Scholarship

IIT Bombay MBA Courses List

MBA in Finance

Full Time • Offline

₹ 2,27,800 ( 2 Years)

MBA in Accounting

Full Time • Offline

₹ 2,27,800 ( 2 Years)

MBA in HR

Full Time • Offline

₹ 4,27,800 ( 2 Years)

MBA in Operation

Full Time • Offline

₹ 2,27,800 ( 2 Years)

Other Courses Offered by IIT Bombay

Course Duration Average Fees
BTech 4 Years ₹8,00,000
MTech 2 Years ₹60,000
BDes 4 Years ₹8,00,000
BSc 3 Years ₹8,00,000
M.Des 2 Years ₹2,28,400
Executive MBA 1 Year ₹36,00,000
MUD -- ₹20,000
MSc 2 Years ₹56,400
MA 2 Years --
M.Phil 2 Years ₹20,000
PhD 3 Years ₹1,47,222
MPP -- ₹2,26,400

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