Shailesh J. Mehta School of Management, IIT Bombay Scholarships and Funding

Scholarships are provided on merit- basis from the Shailesh J Mehta Endowment Fund to 20% of the students

Q:   What are the fees for SJMSOM?
A:

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. 

Q:   Does IIT Bombay provide scholarship to MBA students?
A:

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.

Q:   What is the PhD fee at SJMSOM IIT Bombay?
A:

The total tuition fee is inlcusive of admssion fee, examination fee, caution deposit, and charges for many other facilities provided by the institute during the programme. The total tuition fee for the PhD programme at SJMSOM is INR 96,000. Note that the mentioned fee is as per unofficial sources, hence, is subject to revision.

Q:   What is the fee for EMBA at SJMSOM?
A:

The total tuition fee for SJMSOM EMBA is INR 42 lakh. This information is sourced from official website/ sanctioning body and is subject to change. The total fee for the EMBA programme including tuition fee, programme administrative fee and course material fee. The course fees should be paid within the timeline specified in the letter of admission. 

Reviews (Showing 6 of 77 reviews)

Overall Rating (Out of 5)

4.6

Based on 70 Verified Reviews

Distribution of Rating

Component Ratings (Out of 5)
Placements
4.5
Infrastructure
4.7
Faculty & Course Curriculum
4.4
Crowd & Campus Life
4.7
Value for Money
4.8
The Verified badge indicates that the reviewer's details have been verified by Shiksha, and reviewers are bona fide students of this college. These reviews and ratings have been given by students. Shiksha does not endorse the same. Out of 77 published reviews, 70 reviews are verified.
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A
Amol Agarwal | Master of Business Administration (MBA) - Batch of 2025
Reviewed on 2 Jun 2025
Verified
4.8
Placements 5 Infrastructure 5 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 5
The college has provided decent placements in 2025 despite the bad market.

Placements: Decent placements concerning the fee charge. Most of the students get placed in good roles. Summer internships are top-notch for 70 - 80% of the batch with legacy recruiters like Asian Paints, Marico, PNG, Ebay, etc. Roles are spread across consulting, analytics, supply chain, etc.

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Anonymous | Executive Master of Business Administration (EMBA) - Batch of 2023
Reviewed on 26 Aug 2022
Verified
4.2
Placements 4 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 4
Getting into my Dream College.

Placements: Roughly, 80 percent of a batch gets placed. Over 400 companies come here to tale campus placements every year and the average package is somewhere around 17 L per annum. The highest packages are offered by the HFT companies coming for quant researcher roles. The package may vary from few Lacs to 1.2-1.3 crore per annum.

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Sumit Kumar | Doctor of Philosophy (Ph.D.) - Batch of 2019
Reviewed on 27 Feb 2022
Verified
4.2
Placements 4 Infrastructure 4 Faculty & Course Curriculum 3 Crowd & Campus Life 5 Value for Money 5
This college is very good, and many opportunities are waiting for students.

Placements: Placements were good in our college, and professors were also helpful. The highest salary package offered was 30 LPA, and the average salary package offered ranges from 22 LPA to 27 LPA. It depends on students and they will get easily internships anywhere in the world.

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A
Anil Gowde | Master of Business Administration (MBA) - Batch of 2021
Reviewed on 22 Feb 2022
Verified
4.6
Placements 5 Infrastructure 5 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 4
There are fantastic sports facilities and faculty members.

Placements: There was an increase of 5% in the average salary package, i.e., it was increased to 21.96 LPA when compared to the previous year. The highest salary package offered was 32.8 LPA. There were offers from 16 new recruiters. Top participants were Bristlecone, GEP, Synergy Consulting, TresVista and ZS Associates, among others.

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Sunny Garg | Master of Business Administration (MBA) - Batch of 2020
Reviewed on 21 Aug 2021
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
It is the best college in India, and I suggest you join it.

Placements: About 50 students have studied with me during this course. The highest salary package offered was 10 LPA. The top recruiting companies here were Reliance Industries, Tata Sons and Wipro. About 98% of students got internships, and the companies which offered internships were Wipro and Reliance Industries. Top roles offered in our course were product manager, operation executive and project developer in marketing.

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Sidharth Jain | Master of Business Administration (MBA) - Batch of 2016
Reviewed on 11 Jul 2020
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Awesome college with awesome facilities and faculty.

Placements: My college placements are 100%. All the students are placed with very good packages. The average package offered is 18.0 lacs. The recruiting companies are PNG, Amazon, Flipkart, Paytm, and many more. All the students got an internship.

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Write here...

Answered 2 years ago

At SJMSOM, a few scholarships are available. About 20% of students receive one of the many scholarships offered by various endowment funds based on their achievement on the semester exams. Additionally, IIT-B offers a few additional scholarships that are available centrally. Additionally, candidates

...Read more

S

Samira Susan Khanam

Contributor-Level 9

Answered 2 years ago

SJMSOM offers a wide range of scholarships to students. On the basis of students’ performance in the semester exams, 20% of the students are beneficiaries of the scholarships which come from multiple endowment funds. In addition to this, a few other SJMSOM scholarships are available centrally from

...Read more

33383467
Saumya Srivastava

Contributor-Level 10

Answered 8 months ago

SJMSOM applications are closed for this year. Candidates can now apply for the next year as and when the applications are released. The institute releases the applications in January after the CAT results are announced for the MBA programme. Aspirants have to fill out the application form on the ins

...Read more

N

Nishtha Shukla

Guide-Level 15

Answered 8 months ago

Yes, candidates in final year of the degree and those awaiting results can also apply. Aspirants should secure at least 60% aggregate (55% aggregate for candidates belonging to SC/ ST/ PwD category) or equivalent till the latest exam that has been completed and whose scores are available to apply fo

...Read more

N

Nishtha Shukla

Guide-Level 15

Answered 10 months ago

Yes, SJMSOM is good in terms of placements. The key highlights of SJMSOM placement over the past three years are presented below:

Particulars

MBA Placement Statistics (2023)

MBA Placement Statistics (2024)

MBA Placement Statistics (2025)

the highest package

INR 54 LPA

INR 72 LPA

INR 53.8 LPA

Average package

INR 28.88 LPA

INR 28.01 LPA

INR 25.82 LPA

Median package

INR 26.64 LPA

INR 26.73 LPA

INR 25.25 LPA

Placement rate

100%

100%

100%

Total recruiters

NA

48

52

A

Aayush Singh

Contributor-Level 10