IIT Bombay MBA 2024: Admission, Eligibility, Fees, Ranking

The IIT Bombay MBA is a two-year program divided into eight terms. It is offered by the Shailesh J. Mehta School of Management at IIT Bombay. The Masters of Business Administration course consists of four specializations: Finance, HR, Accounting, and Operations. 

An interdisciplinary dual degree program (IDDDP) in management is also available at SJMSOM, IIT Bombay. IDDDP is an MBA program offering any concentration to fourth-year BTech, BS, and DD students at IIT Bombay. 

Admission to the MBA program at IIT Bombay is through the CAT entrance test. For 2024, the CAT is expected to be held in November 2024.

Table of Contents

• IIT Bombay MBA Eligibility Criteria
• IIT Bombay MBA Fees
• IIT Bombay MBA Admission 
• Why Choose IIT Bombay MBA? 
• IIT Bombay MBA Ranking
• IIT Bombay MBA Placements
• IIT Bombay MBA Career Opportunities
• IIT Bombay MBA Scholarships

IIT Bombay MBA Eligibility Criteria

IIT Bombay MBA eligibility criteria include a bachelor's or master's degree in any discipline with a minimum of 60% aggregate (55% aggregate for applicants from SC/ST categories). For students with CGPA/ CPI scores, 6.5 CPI (6 CPI for SC/ST candidates) out of 10 from an accredited university.

Applications are open to students enrolled in their final year of study or those who have finished their course and are awaiting their results. The candidate must have received a minimum of 60% overall (55% overall for candidates from the SC, ST, or PWD categories) or an equivalent grade in the most recent exam for which results are available.

Applicants with CA, CS, CFA, ICWA, or FRM with a first-class bachelor's degree can also apply for the course. The required scores are the same as mentioned above. 

IIT Bombay MBA Fees

The IIT Bombay fees for all specializations remain the same. The exact fee division will be shared with the students during admission. The average tuition fee for an MBA course at SJMSOM IIT Bombay is INR 8 Lakhs. 

IIT Bombay MBA Admission

Admission to the MBA courses at IIT Bombay is through the CAT/GMAT entrance exams. Once the results are declared, students must go through a round of personal interviews. The final merit list is declared after the PI round. The procedure for admission is given below. 

Application Procedure 

The IIT Bombay MBA application process is entirely online. Students must apply through the official website; the steps are as follows:

• Visit the IIT Bombay official webpage.
• Click on the application form link.
• Register with the required credentials.
• Upload the necessary documents.
• Pay the application fee.
• Submit the application

The application will be considered complete only after the application fees are paid. Students need to download a copy of the application for future use.

Entrance Exams

Admissions to the IIT Bombay MBA course are based on the CAT/GMAT entrance test. The interview round follows the entrance tests. The final selection is based on the student's overall performance.

Documents Required

The following documents are required for the IIT Bombay MBA program application process.

• Marksheet and certificate of 10th 
• Marksheet and certificate of 12th
• Marksheet and certificate of last qualifying exam.
• In case students appear for the last semester, mark­sheet of the previous semester/ consolidated mark­sheet of the qualifying degree.
• Scanned photograph and signature (Not more than 40 KB)
• Result awaited candidates have to upload their latest/ previous semester mark­sheet
• CAT Scores card (Not more than 500KB)
• Caste certificate (if applicable)
• PwD certificate (if applicable)
• Sponsorship certificate (if applicable)
• Statement of purpose

All the documents must be uploaded in the mentioned format and required size. 

Why Choose IIT Bombay MBA?

IITB's SJMSOM is one of the best management schools in the country. The International Relations cell is dedicated to giving students a whole new set of possibilities for global exposure. The institute ensures that students get a comprehensive education with the best curriculum updates and faculty. IIT Bombay SJMSOM seeks to develop managers with an integrated understanding of all business functions.

This year, there were several recruiters at the school offering positions in a variety of industries, including BFSI, consulting, E-Commerce/IT, FMCG/FMCD, conglomerate, and others. 

IIT Bombay MBA Rankings

IIT Bombay SJMSOM rankings show the institute's constant growth in terms of infrastructure and the quality of education provided. Below are rankings given to the institute by a few agencies. 

IIT Bombay MBA Placements

IIT Bombay MBA placement 2024 saw a 100% success rate. 47% of students received pre-placement offers. The highest hiring was seen in the BFSI & Conglomerate sectors. More details are given in the table below:

IIT Bombay MBA Career Opportunities

IIT Bombay MBA opens many doors for its students, providing them with great job options in the ever-challenging market. Below are a few of the IIT MBA Career opportunities for the students:

• Marketing Consultant
• Strategist
• Human Resource Manager
• Financial Advisor

IIT Bombay MBA Scholarships

IIT Bombay offers scholarships to its students to ensure the best educational and financial support. Here are a few scholarship options for IIT Bombay students. 

• Merit cum means scholarships.
• IIT Bombay Heritage Fund Scholarship.
• Dr Burjor Godrej Merit Scholarship 
• Aditya Birla Scholarship.
• OPJEMS Scholarship
• Inspire Scholarship