IIT Bombay College Highlights
Indian Institute of Technology Bombay offers a wide range of specializations in science, technology and management. Over the years, IIT Bombay has also formed a niche for its creative short-term programs through continuing education and distance education programs. The Indian Institute of Technology Bombay is a member of Links to Asia by Organizing Traineeship and Student Exchange (LAOTSE), an international network of leading universities in Europe and Asia exchanging students and senior scholars.
Candidates seeking admission to SJMSOM - IIT Bombay must appear for the qualifying CAT Exam. Applicants are shortlisted for the next stage of the admission process based on scores secured in CAT Result and the selection criteria defined by the institute. Formed in 1995, SJMSOM is a premier business school at IIT Bombay. A public institution crowned as the 'Institution of Eminence, ' SJMSOM receives support and training programs from organizations like
- Ministry of Education, GoI
- DSIR (Dept. of Scientific & Industrial Research)
- L&T (Larsens and Toubro)
- HUL (Hindustan Unilever Limited)
- ICICI
- Hindi Vidya Bhavan
SJMSOM - IIT Bombay highlights include placement data, CTC, and top companies recruiting from the school for last year's batch
☛ Also Check: CAT Analysis
Specifications | Data |
Year of Foundation | 1995 |
Approved Authority | UGC, NAAC |
Nature of Institution | Public institution |
MBA/PGDM Course Fees | INR 2.26 Lakhs/Semester |
MBA Entrance Exams Accepted | CAT |
IIT Bombay cut-off | CAT> 90% |
IIT Bombay Placements | INR 25.9 LPA, 100% placement record |
Courses offered | MBA, EMBA, Doctoral Program, MDP |
IIT Bombay Packages (Highest CTC) | INR 49 LPA |
IIT Bombay Packages (Median CTC) | INR 25.8 LPA |
IIT Bombay Top Recruiters | Goldman Sachs, Johnson & Johnson, Google, Tata Motors |
IIT Bombay Placements
The Indian Institute of Technology IIT Bombay MBA placements process is quite simple. Candidates need to follow this procedure to achieve the best placements on campus:
- On-Campus Placement: On-campus placements at IIT Bombay are coordinated by the student-elected Placement Committee and supervised by the Faculty Placement Coordinator. The drive starts with pre-placement talks initiated by participating companies, followed by the Lateral Placement Process, and finally, by the Final Placement Process.
- Interaction and Pre-Placement Talks: Pre-placement talks are interactive sessions based on company profiles, job descriptions, core values, career growth plans, and more. The 'Recruitment Form' is distributed among the eligible students in this phase.
- Slotting: Organizations are allotted a suitable day and time to hold their final selection process depending on the slotting criteria, which are communicated to the participating organizations well in advance.
- Final Placement Process: The IIT Bombay MBA final placement process is where candidates participate and appear for the selection process.
The average salary offered to the MBA batch was recorded at INR 25.93, which is an 18.1% increment from the previous year. The highest CTC offered to last year's class stood at INR 49 LPA. The average CTC offered to the top 75%ile of the batch was recorded at INR 28.41 LPA. The majority of the student's secured offers were in the Consulting sector, closely followed by FMCG and Manufacturing.
Particulars | Stats/ Salaries |
Highest CTC | Rs. 49 LPA |
Average CTC | Rs. 25.9 LPA |
Median CTC | Rs. 25.8 LPA |
Average CTC of top 25% of students | Rs. 35.4 LPA |
Average CTC of top 50% of students | Rs. 31.1 LPA |
Average CTC of top 75% of students | Rs. 28.4 LPA |
Students registered for placements | 110 |
Average Work Experience | 23 months |
Total PPO/ PPIs | 65 |
IIT Bombay Summer Placements
Indian Institute of Technology IIT Bombay MBA summer placements was also successfully completed for the last year's batch with an increase of 16.5% in the average stipend, which stood at Rs. 2.40 LPA. The highest stipend offered to last year's batch was Rs. 3.66 LPA.
Batch | 2021-23 |
Total Number of Students | 113 |
Number of Companies Participated | 45 |
First Time Recruiters | 10 |
Students Placed | 100% |
Highest Stipend | Rs. 3.66 Lakhs |
Average Stipend | Rs. 2.40 Lakhs |
Median Stipend | Rs. 2.45 Lakhs |
IIT Bombay MBA Sector-Wise Summer Placements
Note the table below to get sector-wise details of summer placements.
Particulars | Stats/Salaries |
FMCG / Manufacturing | 38% |
Healthcare, eCommerce, and others | 22% |
Consulting and IT | 24% |
BFSI | 16% |
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Top Recruiting Companies of IIT Bombay
Indian Institute of Technology IIT Bombay MBA's top recruiting companies were Goldman Sachs, IDFC First, Britannia, Dell, Asian Paints, Indus Valley Partners, i3, IBM, Browser Stack, Google, IBM Consulting, Pidilite, ICICI Bank, GEP, Marico, Colgate-Palmolive, Hexaware, Capgemini, etc.
Top recruiters with maximum offers in IIT Bombay MBA were from the Consulting, FMCG / Manufacturing, and E-Commerce sectors.
Domain | Profiles Offered | IIT Bombay MBA top recruiters | Placement % |
BFSI | Business Analyst, Investment Banking Analyst, Liabilities Product Manager, Risk Manager, Strategy Analyst, Treasury and others | ICICI Bank, IVP, JPMorgan Chase Nomura, Yes Bank | 12% |
Consulting | Deal Analytics, IT Consulting, Management Consulting, Operations Consulting, Procurement Consulting, Technology Consulting, and others | Accenture Strategy, Accenture Technology Consulting. Deloitte USI, GEP, Hitachi Vantara, Infosys Consulting. Kearney, KPMG Global Services, PwC India, PwC US Advisory, Quintics, and Vector Consulting | 28% |
E-Commerce | Analytics Manager, Operations Manager, Program Manager, Supply Chain Manager, Analyst, Enterprise Sales, Pre-Sales Consultant, Product Manager, and others | Amazon, eBay, Flipkart, Axtria, Bristlecone, EXL Analytics, Juspay, MAQ Software, PlaySimple Games, Skit, and Wipro | 22% |
FMCG/Manufacturing | Management profiles in IT, Operations Management, Supply Chain Management, Sales & Marketing, and others | Asian Paints, Britannia, Colgate-Palmolive, Gemini Corporation, Godrej Consumer Products Limited, Kimberly- Clark, Marico, Mondelēz, Procter & Gamble. Signify, and Tata Consumer Products | 26% |
Healthcare & Others | IT, Category Management, Operations Management, Sales & Marketing. Supply Chain Management | Cochlear, Johnson & Johnson, OYO Rooms, Phablecare, Sony Pictures, Sun Pharma, and others | 11% |
IIT Bombay Packages
Candidates who are interested in joining the Indian Institute of Bombay (IITB) must be aware of the packages offered by this institute. Note the table below to get highlights of the last two years' salary ranges offered to the candidates in IIT Bombay placements.
Particulars | 2022 | 2021 |
IIT Bombay Packages (Highest CTC) | Rs. 49 LPA | Rs. 32.8 LPA |
IIT Bombay Packages (Average CTC) | Rs. 25.9 LPA | Rs. 21.96 LPA |
Companies participated | - | 40 |
Average CTC to Top 25% | Rs. 35.4 LPA | Rs. 29.46 LPA (30%) |
Average CTC to Top 50% | Rs. 31.1 LPA | Rs.27.07 LPA |
Average CTC to Top 75% | Rs. 28.4 LPA | Rs. 23.73 LPA (80%) |
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IIT Bombay MBA Placement: Last Year's Trends (Summer Placements)
Note the table below to get details for last year's trends of summer placements at IIT Bombay.
Particulars | 2021-23 | 2020-22 |
Highest stipend | Rs. 3.66 Lacs | Rs. 3.20 Lacs |
Average stipend | Rs. 2.4 Lacs | Rs. 2.06 Lacs |
Median stipend | Rs. 2.45 Lacs | Rs. 2.0 Lacs |
Average stipend to Top 25% | Rs. 3.35 Lacs | Rs. 2.96 Lacs (30%) |
Average stipend to Top 50% | Rs. 3.01 Lacs | Rs.2.63 lacs |
Average stipend to Top 80% | Rs. 2.65 Lacs | Rs. 2.25 Lacs (80%) |
IIT Bombay Placements Report
Indian Institute of Bombay MBA Final Placement records an 18.10% increase in the average salary at Rs. 25.93 Lakhs. Top recruiters were Accenture, JPMC, PWC, and P&G. Here is the IIT Bombay MBA placement report for the last 5 years that will help you gauge the trend enhancement of the placements each year:
Category | Placement Trends 2022 | Placement Trends 2021 | Placement Trends 2020 | Placement Trends 2019 | Placement Trends 2018 | Placement Trends 2017 |
Highest CTC (Rs.) | 49 LPA | 32.80 LPA | 32.8 LPA | 32.4 LPA | 32.4 LPA | 29.9 LPA |
Average CTC (Rs.) | 25.93 LPA | 21.96 LPA | 20.98 LPA | 20.8 LPA | 22.59 LPA | 17.63 LPA |
No. of Recruiters | - | 40 | 56 | 41 | 53 | 52 |
New Recruiters | - | 16 | 20 | 8 | 20 | 17 |
PPO/PPI | 65 | 45 | 49 | 52 | 53 | 48 |
Batch Size | 110 | 108 | 111 | 110 | 107 | 115 |
Average Work Experience (Months) | 23 | 27 | 27 | 24 | 24 | 25 |
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IIT Bombay Cut Off
The minimum percentile cut-off score required to get shortlisted is mentioned in the table below:
Category | Overall | VARC | DILR | QA |
General | 90 | 80 | 80 | 80 |
OBC | 81 | 72 | 72 | 72 |
SC | 60 | 53.3 | 53.3 | 53.3 |
ST | 60 | 53.3 | 53.3 | 53.3 |
PWD | 60 | 53.3 | 53.3 | 53.3 |
Selection Criteria (Composite Score Parameters) for shortlisting for PI
Parameter | Weightage |
CAT Score | 70% |
Class 12th | 5% |
Graduation | 5% |
Gender Diversity | 10% |
Post Graduate/Professionals | 5% |
Work Experience | 5% |
Criteria for Merit List Preparation
Parameter | Weightage |
CAT Score | 42.5% |
Personal Interview | 42.5% |
Candidate Profile | 15% |
Indian Institute of Technology Bombay: Fees Structure
The IIT Bombay fee structure for the MBA batch is yet to be released. The latest fee structure available for the program has been provided below. It is recommended to read the fee details, IIT Bombay Course and eligibility, and brochure carefully for each course when taking admission. It may vary for international students. The latest fee structure for the MBA program at IIT Bombay is as follows:
Particulars | General/OBC | SC/ST/PwD |
Admission Fee | Rs. 2200 | Rs. 2200 |
Graduation Transcript Fee | Rs. 500 | Rs. 500 |
Medical Examination | Rs. 400 | Rs. 400 |
Provisional Certificate | Rs. 500 | Rs. 500 |
Student Welfare Fund | Rs. 1000 | Rs. 1000 |
Modernisation & Upgradation | Rs. 2500 | Rs. 2500 |
Identity Card | Rs. 500 | Rs. 500 |
Total (A) | Rs. 7600 | Rs. 7600 |
IIT Bombay Fees Structure: Per Semester Fees
Note the table below to get all the details of the per semester fee structure of IIT Bombay.
Particulars | General/OBC | SC/ST/PwD |
Tuition Fee – Statutory Fee | Rs. 10,000 | Rs. 0 |
Examination Fee | Rs. 1000 | Rs. 1000 |
Registration Fee | Rs. 750 | Rs. 750 |
Gymkhana Fee | Rs. 500 | Rs. 500 |
Student Benevolent Fund | Rs. 500 | Rs. 500 |
Medical Fee | Rs. 1500 | Rs. 1500 |
Hostel Rent | Rs. 2000 | Rs. 2000 |
Elect. & Water Charges | Rs. 3000 | Rs. 3000 |
Hostel Establishment Charges | Rs. 3000 | |
Mess Establishment Charges | Rs. 1550 | Rs. 1550 |
Student Accident Insurance Fund (SAIF) | Rs. 200 | Rs. 200 |
Other specified fees | Rs. 1,00,000 | Rs. 1,00,000 |
Total (B) | Rs. 2,14,000 | Rs. 1,14,000 |
Refundable Deposits at IIT Bombay
The below table highlights the refundable deposit amount at IIT Bombay.
Particulars | General/OBC | SC/ST/PwD |
Institute Security Deposits | Rs. 1000 | Rs. 1000 |
Library Security Deposits | Rs. 1000 | Rs. 1000 |
Mess Security Deposits | Rs. 3000 | Rs. 3000 |
Total (C) | Rs. 5000 | Rs. 5000 |
Grand Total (A+B+C) | Rs. 2,26,600 | Rs. 1,26,600 |
Course-Wise Eligibility Criteria of IIT Bombay
Indian Institute of Technology IIT Bombay SJMSOM offers courses at the Postgraduate, Executive, and Doctoral levels. Candidates seeking admission to the courses offered at SJMSOM must meet the minimum eligibility criteria and clear the further stages of the admission process.
The prominent IIT Bombay courses and eligibility are discussed below:
Course Offered | Study Level | Eligibility |
Master of Business Administration (MBA) | Post-graduation | Four-year Bachelor's degree or a Master's degree in any discipline with first-class or 60% marks (55% in case of candidates belonging to SC/ST category) (including all years/semesters) or a minimum CPI of 6.5 (6 in case of candidates belonging to SC/ST category) out of 10, from a recognised university OR CA, CS, CFA, ICWA, or FRM, with a first-class Bachelor's Degree in any discipline having secured 60% marks (55% in case of candidates belonging to SC/ST category) in aggregate (including all years/semesters) or a minimum CPI of 6.5 (6 in case of candidates belonging to SC/ST category) out of 10 Those appearing for the final degree examination are eligible to apply. However, applicants must meet the minimum eligibility criteria when joining the course. |
Joint EMBA Programme | Post-graduation | Bachelor's degree from a UGC-recognized university 7+ years of work experience. 5 years of managerial experience |
PhD | Doctorate | B.E/B.Tech or equivalent degree with 60% marks/6.5 CPI (55% marks/6.0 CPI for SC/ST) and at least two years of work experience and qualified in GATE/UGC-NET(Lectureship)/UGC-JRF/CSIR-NET (Lectureship/ CSIR-JRF or having CAT/ GMAT/ GRE score within the last five years OR Master of Management /ME /M. Tech / M.Pharma/ M.Phil/2 years MBA or 2 years PG Diploma in Management from any institute recognized by a Government body (AICTE / UGC/AIU) with 60% marks/6.5 CPI (55% marks/ 6.0 CPI for SC/ST) OR Executive MBA of at least one-year duration from IITs/IIMs or any institute recognized by a Government body (AICTE/ UGC / AIU) with 60% marks/6.5 CPI (55% marks/ 6.0 CPI for SC/ST) OR M.Sc/M.A/ M.Com/LLM/MCA or equivalent degree with 60% marks/6.5 CPI (55% marks/6.0 CPI for SC/ST) at post-graduation level and qualified in GATE/UGC-NET (Lectureship)/UGC-JRF/CSIR-NET Lectureship/CSIR-JRF or having CAT/ GMAT/ GRE taken within the last five years OR CS/CA with 60% marks/6.5 CPI (55% marks/ 6.0 CPI for SC/ST) in the preceding degree |
IIT Bombay MBA Seats Intake
Note the table below to get an overview of category-wise seat availability at IIT Bombay.
Category | Seats |
General (40.5%) | 62 |
EWS (10%) | 15 |
OBC (27%) | 41 |
SC (15%) | 23 |
ST (7.5%) | 11 |
PD (5%) | 8 |
Admission Process of IIT Bombay
SJMSOM of IIT Bombay released the MBA admission application form after the release of the result of CAT. Mentioned below are the various steps included in the IIT Bombay MBA admission process 2022.
- Phase 1 - The candidates who wish to get admission to the MBA program must appear for the CAT to become eligible for the admission process
- Phase 2 - Only those applicants who meet the minimum cut-off set for the CAT exam are considered further for the admission process. Students shortlisted basis of the selection criteria set by the institute are invited to appear for the Personal Interview.
- Phase 3 - The merit list is generated basis of the CAT score, performance in PI, and profile parameters. Those selected are extended offers of admission to the MBA program.
- Phase 4 - The definitive selection of the students is then awarded based on their performance in all the above three MBA admission phases. Once applicants receive the concluding admission letter, they must pay the admission fees to validate the allotted seat.
IIT Bombay Admission Application Form
The application process for the IIT Bombay MBA admissions has begun. Applicants are advised to check the official website to complete their application for the MBA entrance exam 2022. Discussed below are the steps needed to fill out the online application form for the IIT Bombay MBA admission.
- Visit the official website of IIT Bombay and complete the online application form for the MBA admission exam.
- Once you fill out the entire examination form, the following step involves uploading all the required documents.
- Once you finish your registration process, pay the application fees of Rs. 1600 for general students and Rs. 800 for SC/ST/OBC students.
- Upon payment of the registration fees, take a printout of your application form and retain it for your future reference.
Documents required for the IIT Bombay application process:
- 10th Marksheet
- 12th Marksheet
- Transfer Certificate
- Photo Identify Proof
- Passport size photographs
- Signature
- Graduation Degree
- Entrance exams Scorecard
- Category Certificate (If any)
- EWS certificate for candidates with EWS status
- Medical Certificate
IIT Bombay Scholarships
Indian Institute of Technology IT Bombay offers a monthly stipend to the top performers of any program in a batch. Educational loans are available at affordable interest from financial and non-financial organizations.
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Infrastructures & Facilities at IIT Bombay
The robust, built SJMSOM campus stands on a lush green campus of 550 acres. Here's the list of all campus facilities and amenities a student can access.
Facilities | Data |
Library access | Access to all. It holds 6638 books, 337 AV content, and 514 dissertation theses. 5000 management book titles and 38 in-house journals you can additionally subscribe from the library. |
Hostel and lodging | Separate hostels for male and female occupants. Single rooms, shared rooms, and provision for indoor games at every hostel building. |
Sports and recreation | Indoor sports hub and outdoor sports complex |
Laboratory facilities | According to courses |
Food | Veg and non-veg menus on assorted days |
Gymnasium | Common |
Auditorium | Screening happens on weekends |
Healthcare | Accessible for all |
Air Conditioning | Central AC |
Dance and aerobics | Yes |
Convenience Store | In-campus |
WiFi | Full campus connected |
Hostel Facilities at IIT Bombay SJMSOM
SJMSOM courses require on-campus participation. An adequate arrangement of unisex hostels is fitted with a TV and indoor games.
Occupants | Allotment | Location |
Male | Single room, sharing beds | On-campus |
Female | Single room, sharing beds | On-campus |
IIT Bombay Faculty
The SJMSOM faculty comprise 23 core faculty members, 1 professor of practice, 4 adjunct faculty, and 13 visiting faculty providing education, training, and necessary skills in over 12 specialities.
Faculty member | Position held | Specialization |
Prof. Arti D. Kalro | Associate Professor | Marketing |
Prof. Ashish Pandey | Associate Professor | Organization behaviour and development |
Prof. Gajendra Kumar Adil | Professor | Operations management |
Prof. Karuna Jain | Professor | Operations & technology |
Prof. Pankaj Dutta | Professor | Decision making & operations |
Prof. Trupti Mishra | Associate Professor | Management |
Prof. Sarthak Gaurav | Associate Professor | Economics |
Prof. Snehal Awate | Professor | International business & strategic management |
Prof. Kirankumar Momaya | Professor | Competitiveness |
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