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MBA from IITs 2023: Eligibility Criteria, Cut-off, Fee, Placement, Admission 2023

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Arunima Sethi

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MBA from IITs is available across 10 IITs in India. MBA from IITs can be done at a significantly low fee and a high ROI. MBA from IITs is done based on the CAT scores. IIT MBA Admission has begun in January 2023 for most of the IITs after the declaration of the CAT results. Currently, candidates who wish to pursue MBA from IITs had to apply for the academic session 2023-2025 till the end of January 2023. IIT Mandi offers an MBA DS&AI course. Admissions for IIT Mandi MBA program began from January 10, 2023 till March 31, 2023. 

To pursue MBA from IITs candidates must have at least 60% marks in graduation from a recognized university in any stream. IIT MBA Admission is solely based on a candidate’s CAT results. IIM Bangalore released the CAT results on December 21, 2022. Several IITs have released the shortlist and PI calls out to offer MBA from IITs 2023.

IIT MBA is a 2-year full-time degree course. MBA from IITs follow the same syllabus structure as in other top MBA Colleges in India. Some of the MBA Subjects include Corporate Social Responsibility, Macroeconomics, Microeconomics, Business Law, Principles of Marketing Management, etc. 

IIT MBA fees range from INR 14 Lakhs to INR 4 Lakhs. MBA from IITs have high ROI and the average IIT MBA Placements range from INR 9 Lakhs to INR 15 Lakhs. Some of the MBA job offers will be from companies like JP Morgan, Accenture, TATA, etc

MBA from IITs: Application Deadline

To seek IIT MBA Admission 2023, candidates have to clear the CAT exam and register for the Group Discussion and Personal Interview Rounds. The admission dates to pursue MBA from IITs 2023 are given below. 

College Name Registration Dates GD/PI Dates
IIT Kharagpur (VGSOM) December 15 – February 05, 2023   March 04 – 06, 2023
March 12 – 14, 2023
March 25 – 27, 2023
IIT Delhi (DMS) December 20 – January 31, 2023  March 15 - 17, 2023
IIT Bombay (SJMSOM) January 03 – January 31, 2023  March 01 – 05, 2023
IIT Roorkee (DoMS) January 12 – January 31, 2023  March 13 – 25, 2023
IIT Madras (DoMS) December 26 – January 31, 2023  March 03 – 26, 2023
IIT Kanpur December 31– January 31, 2023  March 16 – 19, 2023
IIT-ISM Dhanbad December 26 – January 31, 2023  March 17 – 26, 2023
IIT Jodhpur (SME) December 26 – February 28, 2023  March 21 – 28, 2023
IIT Mandi (SoM)

January 10 – March 08, 2023 (Round 1)

January 10 – April 08, 2023 (Round 2)

To Be Announced
IIT Guwahati (SoB) January 20 – February 28, 2023  To Be Announced

MBA from IITs: NIRF Ranking

MBA from IITs is a popular option amongst students especially because of they are some of the top-ranked institutes by the NIRF.

NIRF Ranking 2022 Institute
4 IIT Delhi (DMS)
7 IIT Guwahati (SoB)
10 IIT Madras (DoMS)
11 IIT Bombay (SJMSOM)
12 IIT Kharagpur (VGSOM)
19 IIT Roorkee (DoMS)
20 IIT Kanpur
43 IIT Jodhpur (SME)
46 IIT-ISM Dhanbad

IIT MBA Fees

The average annual fees to complete the MBA from IITs ranges between INR 3.5 - 12 LPA. The detailed fee structure for each IIT offering the MBA course is as follows.

College Name Fees (INR)
IIT Kharagpur 11,67,000
IIT Delhi 9,60,000
IIT Bombay 10,80,000
IIT Roorkee 9,54,000
IIT Madras 11,00,000
IIT Kanpur 4,14,000
IIT Dhanbad 3,40,000
IIT Jodhpur 8,00,000

IIT MBA Seat Intake

The seat intake for pursuing MBA from IITs is listed below. 

College Name Seats
IIT Kharagpur 140
IIT Delhi 115
IIT Bombay 120
IIT Roorkee 95
IIT Madras 68
IIT Kanpur 78
IIT Dhanbad 62
IIT Jodhpur 80

MBA from IITs: Course Details

The MBA from IITs is a 2-year long postgraduate management program. The various course details such as fees, placement packages, etc, are listed in the table below.

Course Name Master of Business Administration
Duration 2 Years
Eligibility 60% in graduation
Admission Process CAT
Average Fees (INR) 4 Lakhs to 10 Lakhs
Average Salary (INR) 9 Lakhs to 15 Lakhs

MBA from IITs: Eligibility Criteria

To pursue MBA from IITs, candidates must fulfill the minimum eligibility criteria that is mentioned below:

  • Candidates must have completed their graduation or must be in the final year of graduation to be eligible for IIT MBA course.
  • They must have scored minimum aggregate marks of 60%.
  • Reserved Categories students belonging to OBC, SC, and ST get 5% relaxation in the minimum required marks.
  • Work experience is not mandatory to apply for the IIT MBA course, however, it is an added advantage.

MBA from IITs: Admission Process

MBA from IITs can be pursued only on the basis of a valid CAT Score. The first step towards the IIT MBA Admission is to crack the entrance exam, followed by a Group Discussion and Personal Interview Round. 

  • Candidates must sit for the CAT entrance exam to be eligible to seek an MBA from IITs.
  • After qualifying for the CAT exam, candidates have to qualify for the GD and PI rounds.
  • Final admission to pursue the MBA course from IITs is granted on the basis of previous academic performance, CAT scores, and performance in GD/PI rounds.

MBA from IITs: CAT Exam

CAT Events CAT Dates
Issue of notification for CAT July 31, 2022
Starting of the registration process for CAT August 03, 2022
Last date for registration for CAT September 14, 2022
Admit card release for CAT October 27, 2022
Date of CAT exam November 27, 2022
Answer key release date December 07, 2022
CAT Result declaration January 03, 2023

Quick Links:

MBA from IITs: CAT Cutoff

To pursue MBA from IITs candidates must clear the CAT exam. The CAT cutoff to seek admission to the MBA course from IITs is given below.

Name of IIT CAT Cut off (General) CAT Cut off (SC/ST/PD)
IIT Bombay 90 percentile 60 percentile
IIT Delhi 90 percentile 60 percentile
IIT Dhanbad (ISM) 80 percentile 60 percentile
IIT Jodhpur 98 percentile (Direct admission)
IIT Kanpur 85 percentile 75 percentile
IIT Kharagpur 90 percentile 75 percentile
IIT Madras 90 percentile -
IIT Roorkee 90 percentile 70 percentile

Why Study MBA from IITs?

The following reasons highlight why studying MBA from IITs is a beneficial decision.

  • Return on Investment: The salary expectancy of students who have completed their MBA from IITs is pretty high. The average package during placements starts from 20-30 LPA. Hence, pursuing MBA from IITs has a high ROI with lesser investment.
  • Better Opportunities: There are several great organizations that hire MBA graduates from IITs. Pursuing MBA from IITs offers several great job opportunities.
  • Top-Ranked Management Schools: All the IITs offering the MBA course are ranked amongst the top 50 business schools by the NIRF. They are some of the top-ranked B Schools alongside the IIMs.
  • Moderate Fee: The fee structure for pursuing an MBA from IITs is not very costly. As compared to other Business Schools, IITs have a moderate fee structure, thus making them a great choice to pursue an MBA course.
  • Not a very high CAT Percentile: IIT MBA CAT Cutoff ranges from 90-95 percentile. However, in IIMs the CAT cutoff is as high as 98-99 percentile. 

MBA from IIT Bombay

Master of Business Administration is the two-year flagship program of SJMSOM, IIT Bombay that seeks to develop managers for an integrated understanding of all business functions. This program delivers an integrated understanding of the operational and strategic aspects of management, business, and related disciplines. The eligibility criteria for interested candidates is a Bachelor’s/ Master’s degree in any discipline with a minimum of 60% aggregate (55% aggregate for SC/ST category candidates) or 6.5 CPI from a recognized university. The selection criteria will be based on a valid CAT score followed by a personal interview.

Particulars Fee Structure
Course Fee INR 10,08,000
Hostel seat rent (per semester) INR 2,000
Electricity and water charges (per semester) INR 3,000
Mess advance (per semester) INR 22,000

IIT Madras MBA

DoMS IIT Madras offers full-time MBA course. Candidates who have graduated from any discipline with first-class or 60% marks (55% for SC/ ST/ PwD) are eligible to apply for MBA admission to IIT Madras. The admission form can be filled out online. Candidates are shortlisted based on their CAT score, academic diversity and performance, work experience, and gender. Once they are shortlisted, they are called for the next round that is, a Virtual personal interview (PI). IIT graduates with a CGPA of 8 and above on 10 are exempted from the CAT score.

  • Passport size photo
  • Signature
  • CAT score card [GMAT score card in the case of NRI]

IIT Madras MBA Eligibility

The eligibility criteria for different students applying for IIT Madras MBA is mentioned below:

Regular Students

  • Valid score in the Common Admissions Test (CAT).
  • Graduates in any discipline with first class or 60% marks earned in their degree from a recognized/reputed University.
  • Final year students are also eligible to apply. Such candidates, if selected, will be admitted provisionally, on the condition that they meet all requirements for the qualifying degree before the start of the program and will produce provisional certificate of completion within two months of joining the program. 
  • IIT Graduates who have obtained a CGPA of 8 and above on 10 are exempted from CAT score.

Company Sponsored Candidates

  • The employers must sponsor the application and must be forwarded through proper channels.
  • The applicant must have a minimum work experience of two years in the sponsoring organization.
  • Valid score in the Common Admissions Test (CAT) conducted by the Indian Institutes of Management.
  • Graduates in any discipline with first class or 60% marks earned in their degree from a recognized/reputed University.

Defence Personnel

  • Defense personnel are exempted from the national-level entrance test. They should apply through respective government agencies.
  • Graduates in any discipline with 55% marks earned in their degree from a recognized/reputed University.
Particulars Fee Structure
Course Fee INR 10,99,000
Hostel Admission Fee INR 250
Hostel Rent INR 20,000
Hostel Wellness Fee INR 200
Estt “A” Charges INR 6000

IIT Delhi MBA

  • MBA from IIT Delhi is offered under the Department of Management Studies. 
  • The DMS IIT Delhi offers a two-year MBA program and a 3-year Executive MBA part-time course for working professionals. MBA is also offered in Telecom specialization.
  • The candidate must have a minimum of 60% marks in aggregate (of all the years/semesters) or 6.00 CGPA on a 10-point scale or equivalent in the qualifying degree. Admission to full-time management programs is based on CAT scores, while admission to the Executive MBA is based on a face-to-face interview. 
  • DMS IIT Delhi has an excellent record of 100% placements. IITD MBA Placements are compatible with top B-schools in India including IIMs, SPJIMR, MDI and FMS.
Particulars Fee Structure
Course Fee INR 9,60,000
Hostel Rent INR 7,500
Amenity Charges INR 500
Mess Security deposit INR 15,000
Mess Admission INR 10,000

IIT Kharagpur MBA

  • MBA from IIT Kharagpur is offered by the Vinod Gupta School of Management (VGSoM). 
  • The minimum qualification required to apply for MBA is the candidates should have a Bachelor’s degree in Technology, Engineering, Medicine, Pharmacy, or similar disciplines with 60% or 6.5 CGPA on a scale of 10. 
  • Candidates are shortlisted on the basis of the CAT scores for the selection rounds of IIT Kharagpur MBA admission. 
  • The selection round consists of GD and personal interviews. The application form for Vinod Gupta School of Management, IIT Kharagpur can be filled in online mode only in the month of January.
Particulars Fee Structure
Course Fee INR 11,67,000
Hostel Charges INR 29,440
Caution Money And Deposits INR 6,000

MBA from IIT Kanpur 

  • IIT Kanpur offers a 2-year full-time MBA program via the Department of Industrial and Management Engineering (IME). 
  • Divided into four semesters. IIT Kanpur MBA admission is completely entrance based. 
  • Candidate must have a CAT score of 85 percentile and above for General, OBC (NCL) and EWS (75 percentile and above for SC/ST).
  • Candidates seeking admission to MBA at IIT Kanpur need to apply for CAT since admission to this program is based on the score obtained in the entrance exam. 
Particulars Fee Structure
Course Fee INR 4,14,000
Hostel Seat Rent INR 1,250
Water Charges INR 25
Mess Establishment Charges INR 12,125

MBA from IIT Roorkee

  • MBA from IIT Roorkee is a 4 semester residential regular program spread over two academic years. 
  • MBA admission at IIT Roorkee is offered based on CAT score, followed by the performance of candidates in the PI round. 
  • The eligibility criteria to apply for this course is candidate needs to have graduated with a valid CAT score or a professional qualification equivalent to that of a University degree recognized by UGC, in any discipline with a minimum of 60% marks (55% for SC/ST/PD). 
  • JEE Advanced-qualified IIT Graduates with CGPA 7 or above on a 10-point scale are exempted from the initial shortlisting process and are directly called for the PI round. 
Particulars Fee Structure
Course Fee INR 9,54,000
Hostel Seat Rent INR 3,000
Mess Establishment Charges INR 9,000
Fan, Electricity, Water Charges INR 3,000

MBA from IITs: Syllabus

MBA Subjects in 1st Semester MBA Subjects in 2nd Semester
Corporate Social Responsibility Macroeconomics
Microeconomics Business Law
Principles of Marketing Management Operations Management
Principles of Accounting Optimization and Project Research
Tools and Framework of Decision Making Corporate Finance
Quantitative Methods and Statistics Project Management
Business Communication and Soft Skills Marketing Management
Organizational Behaviour 1 Organizational Behavior 2
MBA Subjects in 3rd Semester MBA Subjects in 4th Semester
Supply Chain Management Internship Projects
Financial Modeling -
Strategic Management -
Business Intelligence -
Marketing Research -
Managerial Economics -
Corporate Governance and Business Ethics -
Corporate Finance 2 -

MBA from IITs: Jobs and Placements

After successfully completing MBA from IITs, candidates can sit for job interviews. The highest placement package backed by students pursuing MBA from IITs is mentioned below.

College Name Companies Highest package offered
IIT Delhi OnePlus, Deloitte, RBI, Shell, GAIL, Wipro INR 32 LPA
IIT Madras Cisco, HCL, Amazon, EMCO INR 29 LPA
IIT Roorkee Vedanta, Infosys, ICICI, Cognizant, HCL, Paytm INR 19 LPA
IIT Mumbai Amazon, Wipro, Infosys, General Marketing INR 32 LPA
IIT Kanpur MPhasis, ICICI, ITC, Infotech, Ford, Examwizards INR 20 LPA
IIT Dhanbad Deutsche Bank, Flipkart, JSW, JP Morgan INR 40 LPA
IIT Kharagpur Accenture, IDFC First Bank, Flipkart, Deloitte, Bloomberg, IBM INR 30 LPA

MBA from IITs: FAQs

Ques. How can I get admission in IIT for MBA?

Ans. Admissions to pursue MBA from IITs is granted on the basis of the CAT scores of a candidate. Followed by the CAT results, candidates must sit for a GD and PI round to complete the admission process and secure their seats.

Ques. What is the fees for MBA in IIT?

Ans. The IIT MBA fees range from INR 3 - 11 LPA. 

Ques. Is MBA from IIT only for engineers?

Ans. No, MBA from IITs can be done by students who are from a non-engineering background as well. However, IITs only offer the MBA course to students from Science and Commerce backgrounds. 

Ques. Which is better IIT or IIM for MBA?

Ans. IIMs and IITs are two of the most popular institutions for pursuing an MBA course. IITs have a higher ROI than IIMs because of their fee structure. 

Ques. Which IIT Gives Highest Package for MBA?

Ans. IIT Dhanbad had the highest placement offer for students pursuing MBA from IITs. The highest placement package offered was INR 40 LPA.

Ques. Is MBA from IIT a good option?

Ans. Yes, pursuing MBA from IITs is a very good option. They have also been ranked as some of the top management institutes alongside the IIMs and other business schools in the NIRF Rankings. Moreover, 

Ask your question

Answered Questions

AR

Astha Roy

23 Feb 22

Your brother has a fairly good chance of section as his CAT percentage is well-above the required cutoff. For 2021, IIM Kozhikode cutoff was 85 (for general category students). But the selection depends a lot on the interview performance too. So, ask your brother to prepare thoroughly for the interview round. 

You can go through the section criteria and the admission procedure of the institute to clear any doubts you may have. 

...Show More

AS

Anika Sinha

31 May 22

NMIMS Mumbai is a good option for MBA. It ranks right after the old and top IIM. NMIMS Mumbai placements are excellent. Many national and multinational companies take part in campus recruitment. During placements 2022, students received an average CTC of INR 19.40 LPA.

The academics offered at NMIMS can be compared to premium management institutes. NMIMS employs a case-study-based teaching methodology. It has a tie-up with Harvard Business Review. 

One of the drawbacks of the institute is the huge batch size. NMIMS student intake is over 500. Due to the large batch size, the competition during placement becomes extremely high. 

...Show More

AC

Anumita Chowdhury

25 May 22

Professional life after an MBA from NITIE Mumbai can be promising and rewarding. NITIE continues to be one of the top management institute in the country. Many alumni of the institute are working as CEOs at reputed companies.NITIE Mumbai placements 2022 ended with an average CTC of INR 25.41 LPA. 

...Show More

AB

Anumita Banerjee

31 May 22

Symbiosis Pune MBA is comparable to IIM Lucknow, Indore, Kozhikode, Narsee Monjee, and MDI. It is better than most of the tier 3 IIM. SIBM Pune MBA placements are pretty good, especially for HR and Marketing. 

SIBM Pune placements 2022 ended with an average CTC of INR 23.06 LPA. The major recruiting sector was Consulting, FMCD or FMCG. 

...Show More

AM

Ashmita Mukharjee

25 May 22

Yes, NMIMS, Mumbai is an excellent option for an MBA. Due to the locational advantage, it offers good placements and exposure. Huge list of companies visit the campus placement each year. NMIMS Mumbai placements highlights for 2022, show an average CTC of INR 19 LPA.

NMIMS Mumbai focuses a lot on academics outside of traditional classroom teaching. Their approach to academics is unique. You will learn through Bloomberg labs, the WeCare internship program, an unparalleled repository of e-journals and market data. 

The only drawback for the institute is its huge batch size. This results in a dip in placements. 

...Show More

SG

Sinchita Guha

23 May 22

PUMBA is undoubtedly the best B-School in Pune. It offers the best ROI, after FMS, JB, and SIMSREE. PUMBA MBA fees are INR 1.29 Lakhs only. While the average CTC for the institute is only INR 6.47 LPA. 

PUMBA follows an effective trimester course pattern and major and minor specializations. The campus has good infrastructure with a well-equipped library, gymnasium and medical facilities. 

...Show More

TB

Tushar Banerjee

30 May 22

DoMS IIT Madras is counted among the top management institutes in India. It has a great placement record. Companies like Google, Avalon consulting, Amazon, RBS, CTS, etc. visit the campus drive regularly. IIT Madras MBA placements 2022 concluded with an average CTC of INR 16.66 LPA. 

DoMS IITM strives for excellence. The faculty base is brilliant. You can get help from TAs and faculty members regarding any problem you face. Being on the lush green IITM campus is a treat. There are many engaging extra-curricular activities that you can take part in. 

...Show More

SB

Sakshi Banerjee

14 Mar 22

The PGPX IIMU-Purdue Supply Chain Management duel degree program is a unique program. 

  • The coursework is rigorous. Over the first 5 months, students learn fundamental subjects of Supply Chain Management along with basic subjects of management such as Finance, Accounting, Management, Statistics, etc. 
  • IIM Udaipur offers quality education, which is reflected in the faculty pool and the academic rigor. 
  • Faculty members make sure that students are getting the right projects for their corporate internships. 
  • Students of this program get to spend a 5-month long semester at Purdue University’s Krannert School of Management. Other than the compulsory core subjects, there is a wide variety of electives on offer as well. 
  • The placement scenario for this PGPX program is excellent. The 2021 batch got an average CTC of INR 19.27 LPA

This program will offer you a learning experience that is beyond academics and textbooks. You will get to build networks with students and faculty members from around the globe. 

...Show More

AG

Anuj Gupta

30 May 22

BITS Pilani MBA fees for this academic year is INR 11.10 Lakhs. Here is the year-wise fee structure for the MBA program. 

First Year Fees  INR 5,61,575 (it includes admission fee of INR 48,100)
Second Year Fees INR 5,48,435 (this amount includes practice school fees)
Total Fees INR 11,10,010

The course fee is likely to increase upwards for the next academic year. The increase in fees won’t be more than 10% compared to the previous year's fees.

...Show More

AM

Abanti Mukharjee

26 May 22

For an MBA degree, BIMTECH will be the best option among these. It has a clear focus on management education and also has the backing of Birla group. BIMTECH placements are pretty good for MBA. According to the recent placement drive, around 95.28% of students got placement offers and the average CTC received by the students was INR 8.07 LPA. 

...Show More

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