SJMSOM Courses & Fees 2024

SJMSOM MBA admission 2024 is based on CAT 2023 scores. Only candidates who have appeared for CAT are eligible for MBA admissions at SJMSOM. CAT exam has three sections namely, VARC, DILR and Quantitative Aptitude, candidates seeking SJMSOM MBA admissions must meet both the sectional as well as total CAT cutoff. The expected CAT cutoff for VARC is 75, DILR is 75, Quantitative Aptitude is 75 and the overall is 90. It is only after meeting the expected cutoff, candidates are called for further rounds of admission.

BFSI sector emerged as the top recruiting sector with respect to the number of students placed during SJMSOM IIT Bombay MBA placements 2024. The sector-wise students placed and companies visited during SJMSOM IIT Bombay MBA placements 2024 are presented below:

Sectors	Students Placed (2024)	Companies Visited (2024)
BFSI & Conglomerate	23%	19%
Consulting	19%	12%
IT & E-Commerce	18%	23%
FMCG / FMCD	19%	19%
Pharma & Others	21%	27%

The key highlights of SJMSOM IIT Bombay MBA summer placements for the batch of 2023-25 are presented below:

Particulars	MBA Summer Placement Statistics (2023-25 Batch)
Placement rate	100%
Highest stipend	INR 5 Lakh
Average stipend	INR 2.92 Lakh
Average female stipend	INR 3.27 Lakh
Median stipend	INR 3 Lakh
Top 75 percentile median stipend	INR 3.2 Lakh
Top 50 percentile median stipend	INR 3.5 Lakh
Top 25 percentile median stipend	INR 4.5 Lakh

Further, the trends witnessed over the past three batches with respect to the placement rate and stipend offered during SJMSOM IIT Bombay MBA summer placements are presented below:

Particulars	MBA Summer Placement Statistics (2021-23 Batch)	MBA Summer Placement Statistics (2022-24 Batch)	MBA Summer Placement Statistics (2023-25 Batch)
Placement rate	100%	100%	100%
Highest stipend	INR 3.66 Lakh	INR 4.40 Lakh	INR 5 Lakh
Average stipend	INR 2.40 Lakh	INR 3.03 Lakh	INR 2.92 Lakh
Median stipend	INR 2.45 Lakh	INR 3 Lakh	INR 3 Lakh

The SJMSOM, IIT Bombay total tuition fee is inclusive of admission fee, examination fee, caution deposit, hostel charges, and charges for many other facilities offered at SJMSOM during the programme. Given below is the total tuition fee for some of the courses offered at SJMSOM, IIT Bombay.

Popular Courses	Total Tuition Fee
MBA	INR 2.7 lakh – INR 20 lakh
IDDDP (BTech + MBA)	INR 20 lakh
PhD	INR 96,000
EMBA	INR 42 lakh

Note: This information is sourced from official website/ sanctioning body and is subject to change. 

 

IIT Bombay offers merit-based scholarships. The scholarship is offered based on the performance of the students in the semester exam. Approximately 20% of the students are beneficiaries of the various scholarships are from various endowment funds. Additionally, a few other scholarships are available centrally from IIT-B. Besides, SC and ST candidates are exempted from paying the tuition fees.

Step 1: Visit the official website of SJMSOM, IIT Bombay.

Step 2: Click on the 'MBA Admission' tab.

Step 3: Click on the online application and register with the basic details to generate login credentials.

Step 4: Login and fill out the application form.

Step 5: Upload documents and pay the application fee.

Step 6: Submit and print the application form.

Candidates need to qualify CAT to get admission in MBA. Find below the minimum percentile cutoff score to be considered for selecting candidates for IIT Bombay admission for MBA:

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

There is no such provision for direct admission to any of the programmes offered at SJMSOM, IIT Bombay. Candidates seeking admission to any particular programme will have to fulfil the eligibility and selection criteria of that course.

For admission to its flagship MBA programme, candidates must apply for the CAT exam and should aim to score well in it. Candidates based on their CAT scores will be selected for the personal interview round. The final merit list for shortlisted aspirants for the MBA programme at SJMSOM, IIT Bombay will be based on candidate’s composite score of different parameters which includes CAT overall score, personal interaction (PI) and candidate profile. 

The sector-wise average package offered during SJMSOM IIT Bombay MBA placements 2023 is presented below:

Sectors	MBA Average Package (2023)
IT / E-Commerce	INR 31.72 LPA
Consulting	INR 29.09 LPA
FMCG / FMCD	INR 28.88 LPA
Conglomerate / Others	INR 28.54 LPA
BFSI	INR 25.63 LPA

SJMSOM, IIT Bombay only accepts CAT score for admission to its flagship MBA programme. Aspiring candidates must apply for the CAT exam and should aim to score well in it. Candidates based on their CAT scores will be selected for the Personal Interview (PI) round. The final merit list for candidates selected for the MBA programme at SJMSOM, IIT Bombay will be based on candidate’s composite score of different parameters which includes CAT overall score, personal interaction (PI) and candidate profile. Candidates who finally got selected after having through all the process will be required to report to the admission cell at SJMSOM for document verification and fee payment.

Yes, it necessary to have overall as well section wise CAT percentile above the closing percentile mentioned in the SJMSOM cut-off list for admission to the flagship MBA programme. According to the cut-off list released by SJMSOM, IIT Bombay for the year 2022. The minimum overall CAT percentile required for admission to the MBA programme was 90. Also, the minimum section wise CAT percentile was 50. Candidates based on their CAT percentile will be shortlisted for the Personal Interview (PI) round.

Eligibility criteria: Candidates must have passed 10+2 from a recognised board. Bachelor of Technology, BS, or DD candidates can apply for the programme at the end of their sixth semester with the approval of the DUGC of the concerned department. Students must have a minimum CPI of 7.0 at the end of their 6th semester and should not have any backlog in their Undergraduate courses. Candidates need to indicate their preferences for different specializations, like Finance or Operations Management however, these two specializations are available at present. For more information, you may visit the Shiksha SJSOM IIT Bombay page. I hope this will help you.

The highest package offered during SJMSOM IIT Bombay MBA placements 2024 stood at INR 72 LPA. Further, the highest salary trends witnessed during SJMSOM IIT Bombay MBA placements over the past three years are presented below:

Particulars	MBA Placement Statistics (2022)	MBA Placement Statistics (2023)	MBA Placement Statistics (2024)
Highest package	INR 49 LPA	INR 54 LPA	INR 72 LPA

Candidates need to pass a bachelor's degree from a recognised university in India or any other country to apply for SJMSOM EMBA. Aspirants should also have a minimum of seven years of experience including five years managerial experience or equivalent. 

Additionally, the following criteria are considered to be desirable for the purpose of admissions:

• Recommendation from the employer 
• Proficiency in spoken and written English
• Functional computer skills

The list of top recruiters during SJMSOM IIT Bombay MBA placements 2024 is presented below:

SJMSOM Top Recruiters 2024
Axis Bank	Amazon
JPMorgan Chase & Co	Flipkart
GEP	HUL
Accenture	Asian Paints
Deloitte	Cipla

The highest and average stipend offered during SJMSOM IIT Bombay MBA summer placements for the batch of 2023-25 stood at INR 5 Lakh and INR 2.92 Lakh, respectively. Further, the stipend trends witnessed during SJMSOM IIT Bombay MBA summer placements over the past three years are presented below:

Particulars	MBA Summer Placement Statistics (2021-23 Batch)	MBA Summer Placement Statistics (2022-24 Batch)	MBA Summer Placement Statistics (2023-25 Batch)
Highest stipend	INR 3.66 Lakh	INR 4.40 Lakh	INR 5 Lakh
Average stipend	INR 2.40 Lakh	INR 3.03 Lakh	INR 2.92 Lakh
Median stipend	INR 2.45 Lakh	INR 3 Lakh	INR 3 Lakh

The overall average package and average package (female) offered during SJMSOM IIT Bombay MBA placements 2024 stood at INR 28.01 LPA and INR 29.31 LPA, respectively. Further, a fluctuating and declining trend was witnessed in the overall average package and average package (female) offered over the past three years, respectively, which is presented below:

The average salary trends witnessed during SJMSOM IIT Bombay MBA placements over the past three years are presented below:

Particulars	MBA Placement Statistics (2022)	MBA Placement Statistics (2023)	MBA Placement Statistics (2024)
Average package	INR 25.9 LPA	INR 28.88 LPA	INR 28.01 LPA
Average package (Female)	INR 29.8 LPA	INR 29.35 LPA	INR 29.31 LPA
Top 75 percentile average package	INR 28.4 LPA	INR 31.41 LPA	INR 30.71 LPA
Top 50 percentile average package	INR 31.1 LPA	INR 34.58 LPA	INR 33.82 LPA
Top 25 percentile average package	INR 35.4 LPA	INR 40.80 LPA	INR 38.29 LPA

Yes, definitely for BTech students placements are too good and very well paid. First of all they trained the students very well and keep it ready for the industries and also all top recruitments such as GEP, HUL, Google, Accenture, Cargill, etc.visits the campus and mostly all students are get placed at the campus itself and it was heard that there was more raise was there in placements of B.Tech and Masters students over there. So, students can easily get good placements after completions of their studies.

Aspirants with a four-year Bachelor’s degree or a Master’s degree in any discipline with 60% aggregate (55% aggregate for SC/ST) can apply. Further, CA, ICWA, CFA, CS, or FRM with a first-class bachelor’s degree in any discipline with 60% aggregate (55% aggregate for SC/ST) can also apply. SJMSOM IIT Bombay also accept applications from candidates appearing for the final degree examination. However, in such a case, the final admission is subject to the fulfilment of the eligibility conditions at the time of admission.