IIT Bombay: Fees Structure, Placements, Packages, Courses Offered

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

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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

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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.

1. Visit the official website of IIT Bombay and complete the online application form for the MBA admission exam.
2. Once you fill out the entire examination form, the following step involves uploading all the required documents.
3. Once you finish your registration process, pay the application fees of Rs. 1600 for general students and Rs. 800 for SC/ST/OBC students.
4. 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