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IIT Bombay MBA Admission 2024 (Open): Dates, Eligibility, Placement, Fees, Cutoff, Syllabus
Master of Business Administration [MBA]
Course Fees
Course Duration
2 YearsTuition Fees
2 Lakhs1 Year Fees
4.33 LakhsTotal Fees
8.48 LakhsDetailed Fees
| semester | Tuition Fees | Admission Fees | Other Fees | Total Fees |
|---|---|---|---|---|
| semester 1 | ₹ 200000 | ₹ 8750 | ₹ 17250 | ₹ 2.26 Lakhs |
| semester 2 | ₹ 200000 | - | ₹ 7350 | ₹ 2.07 Lakhs |
| semester 3 | ₹ 200000 | - | ₹ 7350 | ₹ 2.07 Lakhs |
| semester 4 | ₹ 200000 | - | ₹ 7350 | ₹ 2.07 Lakhs |
Course Information
Eligibility Criteria
Graduation with a CAT-2023 score or a professional qualification equivalent to that of a University degree recognized by UGC, in any discipline with minimum 60% marks (55% for SC/ST/PD). Final-year students are also eligible to apply. Such candidates, if selected, will be admitted provisionally, provided they complete all requirements for the qualifying degree with minimum percentage and CGPA or its equivalent by the specified date that will be intimated later. The percentage will be considered based on aggregate marks/CGPA awarded in qualifying degree examination.
OR
(IIT graduates (admitted through IIT-JEE) with a CGPA of 7.0 or above on 10 point scale are exempted from the requirement of CAT 2023.
Course Details
IIT Bombay MBA Admissions 2024 are ongoing. The institute has released the shortlisted of selected candidates. IIT Bombay is among the top 10 bschools in the country as per the NIRF 2023 rankings 2023. IIT Bombay MBA Aspirants need to score atleast 98% marks in CAT to clear IIT Bombay Cutoff. Once the cutoff criteria is done, further selection will be based on Academic background, work experience, Personal Interview and Diversity like factors. MBA at IIT Bombay is offered via Shailesh J Mehta School of Management (SJMSOM) with a total seat intake of 152. For MBA Admission at IIT Bombay, applicants will be shortlisted on the basis of CAT scores and academic qualifications. Shortlisted candidates will be called for a personal interview for the final selection. Candidates can expect the CAT Cutoff to range between 90 and 100 percentile.
SJMSOM IIT Bombay Placements 2023 has been concluded with 100% placements. The highest package stood at INR 54 LPA while the average package stood at INR 28.88 LPA. Recruiters like Accenture, Deloitte, EXL, HCL, PwC etc participated in the placement drive.
Table of Content
IIT Bombay MBA Eliigbility
- Graduation Degree holder in any subject from a recognized University or Institution.
- Minimum 60% marks secured in the qualifying examination.
- Candidates belonging to SC/ST category should have a minimum of 55% marks secured in the final examination.
- Appearing candidates can also apply for admission.
- CA/ICWA with a first-class Bachelor’s degree in any discipline having secured 60% marks (55% in case of candidates belonging to SC/ST/PWD category) in aggregate.
IIT Bombay MBA Cut off 2024
Minimum Cut-off Percentile considered for shortlisting in DPI Round:
| Category | Quant | VARC | DILR | Overall |
| General / EWS | 75 | 75 | 75 | 90 |
| NC-OBC | 67.5 | 67.5 | 67.5 | 81 |
| SC | 50 | 50 | 50 | 60 |
| ST | 50 | 50 | 50 | 60 |
| PWD | 50 | 50 | 50 | 60 |
Read More: IIT Bombay Cut off
IIT Bombay MBA Admission Criteria
Candidates applying for IIT Bombay MBA admission need to be clear about the selection criteria. The selection will be based on the aggregate score of 2 phases:
- First Phase: Shortlisting of candidates for the DPI round, based on the CAT 2023 scores.
- Second Phase: Candidates who qualify the DPI round will be called for counselling at IIT Bombay.
Phase 1: At stage 1, the candidates are shortlisted for the PI round based on CAT cut off percentile and composite score set by the institute. The candidates eligible for the stage 2 are called for the PI round.
Note: The actual section-wise and overall percentile of a short-listed candidate may be higher than the above-mentioned minimum percentile.
The shortlist of candidates selected for this stage will be based on the candidate's composite score of different parameters whose weightages are as mentioned below.
Parameters and Weightage for Phase 1
| Parameters | Weightage |
|---|---|
| Performance in CAT 2023 | 70% |
| Class XII | 5% |
| Graduation | 5% |
| Post Graduation/ Professional | 5% |
| Work Experience | 5% |
| Gender Diversity | 10% |
Once the candidate has appeared for the IIT Bombay PI round, the institute then prepares a final merit list to shortlist students for admission.
What are the questions asked in the IIT Bombay MBA PI round?
Phase 2: Final Selection: Preparation of the Merit List
The final Merit list of the candidates chosen for admission to MBA program at SJMSOM, IIT Bombay will be published based on the applicant's aggregate score in various parameters whose weightage are individually referenced underneath.
Parameters and Weightage for Phase 2
| Parameters | Weightage |
|---|---|
| CAT 2023 Overall Percentile Score | 42.5% |
| Personal Interview | 42.5% |
| Candidates Profile: | |
| Graduation | 5% |
| Work Experience | 5% |
| Extra-curricular Activities | 5% |
Note: Phase 2 of the Admission process will be evaluated out of a maximum of 95.
IIT Bombay MBA Admission: How to Apply?
- The application form can be filled online by visiting the official website of the school.
- Click on the application form link and fill in the required details within 50 minutes (as the session will expire after 50 minutes).
- Upload the scanned copies of the below-listed documents:
- Passport size photograph (jpg / jpeg/ png only with size not more than 40KB).
- Signature (jpg / jpeg / png only with size not more than 10KB).
- Graduation Certificate / Copy of latest semester mark sheet (for students appearing for the final semester or yet to receive Graduation Certificate) (PDF Only with size, not less than 500KB).
- Caste certificate (If applicable) (PDF only with size not less than 500KB).
- Physically disabled certificate for applicants with a disability. (PDF only with size not less than 500KB).
- CAT scorecard (PDF only with size not less than 500KB).
- Submit the application form along with the application fee through Net Banking/Debit/Credit Card.
IIT Bombay MBA Batch Profile 2023-25 Batch
IIT Bombay MBA Placements
The below table represents the highlights of 2023 MBA placement highlights of IIT Bombay:
| Particulars | Placements Statistics 2023 |
|---|---|
| Batch Size | 115 |
| Percentage of PPOs | 50% |
| Highest Package | INR 54 LPA |
| Average Package | INR 28.88 LPA |
| Top 25% Average Package | INR 40.80 LPA |
| Top 50% Average Package | INR 34.58 LPA |
| Top 75% Average Package | INR 31.41 LPA |
| Average Package (Female) | INR 29.35 LPA |
| Median Package | INR 26.64 LPA |
| Median Package (Female) | INR 28.90 LPA |
| Lowest Package | INR 20 LPA |
| Lowest Package (Female) | INR 23.50 LPA |
| Major Domains | FMCG / FMCD, Conglomerate |
IIT Bombay MBA Placements 2023 PPO – Wise
The below table represents the PPO – wise statistics of IIT Bombay MBA Placements 2023:
| Particulars | Salary Statistics |
|---|---|
| Average Package | INR 30.35 LPA |
| Lowest Package | INR 16 LPA |
IIT Bombay MBA Placements 2023 Sector – Wise
The below table represents the sector – wise statistics of IIT Bombay MBA Placements 2023:
| Sectors | Average Package | Students Split | Company Split |
|---|---|---|---|
| IT / E-commerce | INR 31.72 LPA | 17% | 14% |
| Consulting | INR 29.09 LPA | 21% | 16% |
| FMCG / FMCD | INR 28.88 LPA | 24% | 27% |
| Conglomerate | INR 28.54 LPA | 24% | 25% |
| BFSI | INR 25.63 LPA | 14% | 18% |
Read More: IIT Bombay Placements
IIT Bombay MBA FAQs
Ques. What is the eligibility requirement for IIT Bombay MBA?
Ans. IIT Bombay offers an MBA program on the basis of the CAT scores. However, there are also some eligibility criteria that candidates should meet. Students must have passed their bachelor’s degree or Master’s degree in any relevant discipline with a minimum of 6.5 CPI (6 for SC/ST/PwD category).
Ques. What is the curriculum structure of the MBA program at IIT Bombay?
Ans. The curriculum structure of the MBA program at IIT Bombay includes core courses in various management disciplines like Marketing, Finance, Operations, Human Resources, and Strategy. Additionally, there are multiple electives offered such as International Business, Economics, Information Technology, etc. Along with these, the institute provides internships, and mandatory industry internships to enhance the students’ fieldwork.
Ques. What is the selection process for the IIT Bombay MBA program?
Ans. IIT Bombay grants admission to its 2-year MBA program only through valid CAT scores. However, the selection process typically includes Group Discussion (GD) and Personal Interview (PI) conducted by the institute. The final selection of the candidates is based on their performance in these stages.
Ques. Can I apply for the IIT Bombay MBA course even if my final semester’s results are awaited?
Ans. Candidates who are in their final year of the degree and whose final results are awaited can apply for the MBA course at IIT Bombay. In this case, students must have secured at least 60% of aggregate marks (55% for SC/ST/PWD) or equivalent in the latest exam that has been concluded and whose scores are available. The admission will depend on meeting the eligibility criteria of the MBA program.
Ques. Does IIT Bombay offer any summer placements to its MBA students?
Ans. IIT Bombay offers summer placements in the early part of the academic year to provide its MBA students with practical experience in real-world work. In 2023, the institute welcomed a total of 38 companies to run the placement drive. The highest stipend offered to the candidates was INR 4.40 LPA with an average stipend of INR 3.03 LPA.
Placement
| Highest Placement | ₹ 3.7 Crore |
| Average Placement | ₹ 21.8 Lakhs |
| Top Companies | .png?tr=h-50,w-100,c-force)      |
College Ranking
Ranking of IIT Bombay - Indian Institute of Technology - [IITB]
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Answered Questions
IIT Bombay - Indian Institute of Technology - [IITB]: 189 answered questions
The following answer is based on a day in the life of an Engineering student at IIT Bombay’, an extract written by my friend to share her experience on the same.
- You wake up at 9:15 to realize that breakfast will be over in 15 minutes so you rush to the washroom and get ready for breakfast.
- Once you reach the mess, you get to eat the very decent breakfast offered till 10 am. Once you are done with breakfast, you go to the lab.
- At around 10:15 you reach the lab and gossip with your friends for a few minutes.
- After wasting an hour, you start working and by 12:15 you realize you need a coffee break.
- By 1 pm you have had coffee with snacks and decide to skip lunch.
- You keep working in the lab till 6: 30 and decide to return to the hostel.
- You hail a Tum-Tum, which is a bus service within the campus of IIT Bombay.
- You do leisure activities during the evening and then go to Gulmohar for dinner
- At night you call up to check with your parents
- After this, you chat with your friends or watch your favorite series.
- After this, you fall asleep late at night to restart the same schedule the next day.
Life at IIT Bombay is not as hectic as people describe it to be and you get to spend a lot of time doing your favorite things and hanging out with friends.
There certainly are many differences between IIM Ahmedabad and IIT Bombay. IIT Bombay promotes freedom whereas IIM Ahmedabad teaches you accountability. IIT Bombay gives you the ability to dream whereas IIM Ahmedabad helps you change them. IITB is more generic in nature whereas IIMA focuses strictly on core concepts. Both carry equal importance in one’s life and one cannot be considered better than the other. They both are like two wheels of a vehicle indispensable to each other.
The table below states the primary differences through statistics.
|
Particulars |
IIT Bombay |
IIM Ahmedabad |
|
Highest CTC |
INR 4 CPA |
INR 1.16 CPA ($1,40,599) |
|
Average CTC |
INR 23.26 LPA |
INR 89.71 LPA ($1,08,405) |
|
Top Recruiters |
American Express, Honda Japan, McKinsey & Company, Boston Consulting Group |
Boston Consulting Group, Accenture, Bain & Company, Bain & Company, Goldman Sachs, TAS, and TCS |
|
Number of Recruiters |
400+ |
190 |
Based on my friends' experience, the best professor at IIT Bombay is Professor R. K. Shevgaonkar. He was once a director of II Delhi who left his post because he was strictly against breaking his principles and ethics. He was a man of ethics. He joined IIF Bombay recently and my friend was taught the course EE301- Electromagnetic Waves by him.
The fact that the course book itself was written by the same professor who taught it brought magic to the classroom experience. The students probed challenging questions to the professors and he was the only one who answered each question clearly and precisely. He appreciates the students' thirst for learning and love for the particular subject.
He once told his students that it doesn’t really matter what everyone becomes after leaving IIT, but until they are sitting in his class, they all are electrical engineers. This impressed my friend and he became his favorite professor ever since then.
The exam papers set by him were not monotonous but quite challenging and provoked the students to study harder. He held quizzes to assess the child’s knowledge and abilities.
He is a highly respected professor at IIT Bombay, and because of his immense fame and fandom, the subject taught by him has become everyone’s favorite. He was never strict during classes but his classes were so intriguing that one could not help but pay complete attention.
Massachusetts Institute of Technology is not better than IIT Bombay but unique. I will tell you why it is considered unique when compared to IIT Bombay.
A few years ago there was a girl Malvika Raj Joshi, who was home-tutored by her mother and thus was rejected by IIT Bombay under the pretext that her schooling wasn’t sufficient for admission. The same girl was accepted into Massachusetts Institute of Technology. While other elite IITs rejected her because of a lack of proper school education, only Massachusetts recognized her amazing talents and decided to hone them.
She was granted admission to MIT based on her outstanding achievements at the International Olympiad of Informatics. MITs flexibility deserves applause for accepting such a student that has unique potential despite having no formal school education.
- Malvika is a three-time medal winner (two silver and a bronze) at the International Olympiad of Informatics (IOI).
- MIT has accepted students who are medal winners at various Olympiads (Maths, Physics, or Computer)
- To date, MIT has birthed 34 Nobel Laureates and IIT teaches some of their theories.
So in all these aspects, MIT is considered superior to even IIT Bombay as it gives chances to unique profile students.
The IITs are funded by the Government so it has complete authority to give admission to anyone. The teachers or the students are not the stakeholders in the case of IITs. It is the Government that pays the teachers' salaries and installs the various facilities. The Government is at complete freedom to decide who can come into ITs and who needs a push in the form of the reservation to join ITs.
The aspirants know beforehand that the Government has set such rules according to its own discretion. No one is forced to give the exam and you can always choose any other option if you think it’s unfair.
Here is a video giving you an honest review of the institute
Aspirants know that there might be cases where a candidate with 10k or above rank will get admission in contrast to the general cutoff. They still fill out firms in hope of clearing the exam. You are precisely giving a Government Exam and need to follow all the necessary rules. So it indeed is justified if someone with a 10k rank is able to make it into IIT Bombay.
IIT Madras has a beautiful campus. If you are an animal lover, you will love it. Blackbuck runs around the campus like stray dogs. Monkeys can enter your hostel rooms anytime, and rob you. It’s also pretty normal to see Hyenas roaming around the campus at night.
IIT Madras campus used to be a part of Guindy National Park. Different departments are literally scattered around the jungle. The campus has many overhead tanks. You can sneak out at night with your friends and watch Chennai city from the top of these tanks (though it is against the rules).
Elliot beach is only 4 km away from the campus. You can take your bicycle out to watch the beautiful sunrise from the Bay of Bengal.
Some major USPS of IIT Bombay that sets it apart from other IITs are
- Amazing hostels with splendid views and facilities
- There is a hill inside the campus which adds to the overall beauty of the campus.
- Not only is there a hill within campus but also a beautiful lake that makes the ambiance surreal.
- The weekends are filled with many fun activities such as ‘Monsoon Run’.
- The classrooms have state-of-the-art facilities and look really cool.
- Tech fest has amazing exhibits while Mood-Indigo is a crazy festival
These are some highlights that make IIT Bombay unique and much preferred among Engineering students.
The quality and standard of the food are pretty good at IIT Bombay. However, after a few days, your tastebuds will get bored and you will crave something new. This is when the canteen comes to the rescue that functions till three in the morning.
The variety and the quality also vary from hostel to hostel. For instance, in hostel 18 the quality and the taste of the food is much better than in other hostels. A brief overview of the food served at various mails is given below.
- Breakfast: Tea fruits, rice with an additional curry.
- Lunch: An extravagant meal consisting of Paneer, vegetable, Chapati, Dal and rice.
- Evening snacks: Usually comprise fruits or biscuits.
The quality of food at IIT Bombay served changed drastically after Covid, but still, they managed to retain the original taste and quality.
Without any second thoughts, I consider IIT Bombay a much better option than IIT Delhi. Some reasons that speak in favor of my opinion are
- IIT Bombay enjoys a higher locational advantage as well as a better-equipped campus.
- While both IITs have a decent Research culture, IIT Bombay is at a level higher than IIT Delhi in this aspect. It has a larger number of Papers and Patents to its credit.
- The ambiance at IIT Bombay is rather chill with no strict rules and regulations. You are free to do anything and no restrictions are imposed on dress code or LAN.
- IIT Bombay has a better climate than IIT Delhi.
- IIT Bombay enjoys the advantages of being a Financial capital with additional opportunities for the non-core sector.
- IIT Bombay has a few BS programs like BS Economics, Mathematics, and Chemistry which are not present in IIT Delhi. These programs are a bridge between engineering and applied science and render a wide scope of research and at the same time, applied fields.
- IIT Delhi has extra BTech programs like BTech Textile, BTech, and BioTech. The students of these programs usually go for non-core jobs and corporate life.
- IIT Bombay welcomes a number of eminent personalities. Some recently invited personalities include PM Narendra Modi, Brett Lee, Sadhguru, Yami Gautam.
- IIT Bombay has amazing hostels for freshers.
So both the institutes are elite in their own essence but nowadays IIT Bombay is a clear winner between the two.
IDC Technologies is a company that offers a range of technology solutions to businesses and organizations. As with any company, there are various positions within IDC Technologies, each with its own salary range.
According to available data, the highest-paying job at IDC Technologies is that of a Solution Architect, with a salary of INR 26.6 Lakhs per year. This indicates that this position is a highly sought-after and desirable role within the company. It is worth noting that this salary figure may vary depending on factors such as the employee's experience, skills, and performance.
The top 10% of employees at IDC Technologies earn more than INR 11 lakhs per year. This suggests that there is room for growth within the company for employees who perform well and demonstrate a commitment to their work. Additionally, the top 1% of employees earn more than INR 23 lakhs per year. This indicates that there are some highly successful and well-compensated individuals within the company.
It is important to note that salary estimates are based on data from 5.9k IDC Technologies employees.
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