The Indian Institute of Technology (IIT), Bombay aims to impart leadership in education and research with an emphasis on science and technology. Established in 1958, the school has a strong focus on research and management. The institute established a management school in the year 1995, keeping in mind the changing environment and need for management education.
Here are some of its popular courses:
College Name | ||||
Program Name | Master of Business Administration (MBA) | PhD | Management Development Programme | Joint EMBA Programme |
Course Level | Post-graduation | Doctorate | Certificate | Post-graduation |
Fee | Rs. 2,26,600 (per semester) | Rs. 52,000 (per semester) | -- | Rs. 42 lakhs |
Exams Accepted | CAT | CAT, GMAT, /GRE, GATE, UGC-NET, CSIR-JRF | Open to all | Application Based Admission Process |
Study Mode | Full-time | Full-time | Open Program | Part-time |
Duration | 2 years | 4 years | NA | 18 months |
IIT Bombay SJMSOM offers courses at the Postgraduate, Executive, and Doctoral levels. Candidates seeking admission to the courses offered at SJMSOM are required to 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. |
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 year PG Diploma in Management from any institute recognized by a Government body (AICTE / 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 CS/CA with 60% marks/6.5 CPI (55% marks/ 6.0 CPI for SC/ST) in the preceding degree |
Joint EMBA Programme | Post-graduation | Bachelor's degree from a UGC recognized university 7+ years of work experience. 5 years of managerial experience |
IIT Bombay has a dedicated school for Management education, Shailesh J. Mehta School of Management - SJMSOM. It offers a two-year MBA, which is a flagship course at SJMSOM-IIT Bombay. Candidates are shortlisted at IIT Bombay MBA based on CAT Scores, performance in PI, and profile.
IIT Bombay was established in 1958, and SJMSOM is its management school established in 1995 for nurturing excellence and innovation in all fields of management. The aim of IIT Bombay is to integrate Engineering and Social Sciences, along with management education, research, and training.
Particulars | Details |
Name of the Institute | Shailesh J. Mehta School of Management (SJMSOM) |
Program Offered | MBA |
Qualifying Entrance Exam | Common Admission Test (CAT) |
Application Mode | Online |
Level of Exam | Postgraduate |
Selection procedure | CAT score, and PI |
At IIT Bombay, students have ready access to well-built classrooms, sophisticated state-of-the-art laboratories, and a colossal library with several book titles, thesis, and dissertations. The institute has collaborated with world-class universities like the University of Connecticut, Kellogg Graduate School of Management, and Hoseo University, and BaaN Institute.
Particulars | General Category | Reserved category |
One time fee at the time of admission | INR 7,600 | INR 7,600 |
Fee per semester | INR 2,14,000 | INR 1,14,000 |
Refundable deposit | INR 5,000 | INR 5,000 |
IIT Bombay MBA fee structure is approximately Rs. 10.5 lakhs (for general and NC-OBC) and Rs. 6.5 lakhs (SC, ST, PwD) for 2 years. This includes mess fees and a laptop, which the college provides.
Category | Seats |
General (40.5%) | 62 |
EWS (10%) | 15 |
OBC (27%) | 41 |
SC (15%) | 23 |
ST (7.5%) | 11 |
PD (5%) | 8 |
The fee structure for the MBA batch of 2022-24 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 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 |
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 |
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 |
IIT Bombay's MBA course fees for 2022 is INR 2.26 per semester, which is quite low as compared to other institutes offering a full-time MBA. No increase in MBA fees has been announced by any institute so far.
It is highly recommended for students to go through the fee structure of each institute, inclusions, ranking, admission criteria, process, and other important details before applying for admission to any of the top MBA colleges.
Here is a list of colleges and a comparison of MBA fees 2022-24:
MBA Campus | MBA/ PGP Fees | |
IIM Ahmedabad | Rs 23 Lakhs | |
IIM Bangalore | Rs 23 Lakhs | |
IIM Calcutta | Rs 23 Lakhs | |
IIM Kozhikode | Rs 20.5 Lakhs | |
IIM Lucknow | Rs 19.25 Lakhs | |
IIM Indore | Rs 21.06 Lakhs | |
IIM Udaipur | Rs 19.05 Lakhs | |
IIM Raipur | Rs 14.20 Lakhs (excluding boarding charges) | |
IIM Visakhapatnam | Rs 16.79 Lakhs | |
IIM Rohtak | Rs 16.10 Lakhs | |
IIM Sirmaur | Rs 11.75 Lakhs (excluding fees for international immersion program) | |
IIM Tiruchirappalli | Rs 16.5 Lakhs | |
IIM Sambalpur | Rs 13.03 Lakhs | |
IIM Ranchi | Rs 16.30 Lakhs | |
IIM Amritsar | Rs 13.2 Lakhs | |
IIM Shillong | Rs 12.68 Lakhs | |
IIM Kashipur | Rs 15.42 Lakhs | |
IIM Bodh Gaya | Rs 12.95 Lakhs | |
IIM Jammu | Rs 15.56 Lakhs | |
IIM Nagpur | Rs 18 Lakhs | |
The degree offered by SJMSOM is "Master of Business Administration" of the Indian Institute of Technology, Bombay. As a student, you can pick electives from SJMSOM as well as other departments in IIT Bombay.
The Inter-Disciplinary Dual Degree Program (IDDDP) in Management is an MBA with specialization for 4th year B Tech/BS/Dual Degree students. After successfully completing the program, participants receive a B.Tech degree in their branch and MBA with chosen specialization.
For example, a B Tech student from the computer science department opting for finance specialization will receive B Tech (Comp Science) and MBA (Finance). Similarly, a BS student from the Maths department opting for operations management will receive a BS (Maths) and MBA (Operations Management).
Eligible candidates will have to appear for an entrance test, which is an aptitude test covering four sections –
Candidates who clear the entrance test will be called for an interview. Generally, both the entrance test and interview will happen on the same day. Further details of the selection process will be shared with the shortlisted candidates through email.
Yes! IIT Bombay is one of the best schools for MBA aspirants. It is ranked as the 11th best B-School in India by the NIRF. Top companies visit the campus to recruit eligible candidates. Companies offer lucrative salary packages to their students.
IIT Bombay remained the desired location for prestigious recruiters despite the global pandemic, and this year saw a 100% placement record. Placements were conducted virtually.
The minimum cut-off Percentile for IIT Bombay MBA admission is:
Category | Overall Percentile Cut off | Sectional Percentile Cut-off | ||
Verbal & Reasoning | Data Interpretation & Logical Reasoning | Quantitative Aptitude | ||
General | 90 | 80 | 80 | 80 |
NC-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 |
Take a look at the IIT Bombay MBA admission dates 2021:
Events | Tentative Date |
CAT 2020 results | January 2, 2021 |
Online application | January 6, 2021 |
Last date for Applying | January 31, 2021 |
Shortlist of candidates and slot selection | February 17, 2021 |
Personal interview | March 3 to 7, 2021 |
The final list of selected candidates | May 1, 2021 (Tentative) |
There are 24 core faculties and other visiting guest faculties for about 220 students. The ratio comes out to be about 1:10. If the visiting faculty is included, the ratio even becomes better.
The total IIT Bombay MBA fees 2021 payable is Rs. 10,08,300. This fee does not include charges for laptops, travel, clothes, personal expenses, onboarding, and laundry.
The application fee for the IIT Bombay MBA program is Rs. 1600 for General/NC-OBC applicants and Rs. 800 for SC/ST/PWD candidates. The application fee can be paid online.
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