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IIT Bombay MBA Courses & Fees 2024: Seats, Eligibility & Selection, Ranking

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IIT Bombay MBA Eligibility & Highlights 2024

iconEligibility Criteria
Accepted Exam
  • CAT
  • JEE Main
  • JEE Advanced
  • +3 more
  • Graduation score50%
    iconReturn on Investment
    Total Tuition Fees 8L - 20L
    Average Package 25.8L - 26.6L
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    Commonly asked questions
    On Highlights

    Q:   Is IIT, Bombay good for MBA courses?


    MBA is one of the popular courses of IIT Bombay offered through Shailesh J. Mehta School of Management. Here are few parameters that will help candidates decided if the MBA course at IIT Bombay is worth or not:


    NIRF has ranked IIT Bombay under 'Management' Category from last three years. In 2023, it was ranked at 10th position among the top institute offering MBA. 


    IIT Bombay conducts placement drive every year. Students pursuing MBA can get in the top companies through the placement drive. The placement rate recorded during SJMSOM IIT Bombay MBA placements 2023 was 100%. The the highest package and average package offered during SJMSOM IIT Bombay MBA placements 2023 stood at INR 54 LPA and INR 28.88 LPA, respectively. 


    Students opting for MBA from IIT Bombay can specialise in the field they wish to get into. They are required to choose an elective for specialised studies.

    Q:   What is the salary of MBA in IIT Bombay SJMSOM?


    The placement rate recorded during SJMSOM IIT Bombay MBA placements 2023 was 100%. Students get a good salary package after completing MBA from a reputed institute like SJMSOM. The highest package and average package offered during SJMSOM IIT Bombay MBA placements 2023 stood at INR 54 LPA and INR 28.88 LPA, respectively. The top recruiters of SJMSOM IIT Bombay in 2023 included leading companies such as GEP, HUL, Google, Accenture, Cargill, etc. 


    Q:   What is the eligibility to do MBA from IIT Bombay?


    After completing graduation, candidates can apply for IIT Bombay MBA course. Check below the detailed eligibility for MBA programme:

    • Candidates are required to pass a bachelor’s degree or a master’s degree with a minimum of 60% aggregate (55% aggregate in case of SC/ ST/ PwD candidates) or a minimum CPI of 6.5 (6 in case of candidates belonging to SC/ ST/ PWD category) out of 10 or applicants appearing for the final year of degree or completed the degree and awaiting result can also apply or,
    • Aspirants appearing for final year of the degree and those who have completed the degree requirements and awaiting results can also apply. The applicant should have secured an aggregate of 60% aggregate (55% aggregate in case of candidates belonging to SC/ST/PWD category) or equivalent till the latest exam that has been completed and whose scores are available or,
    • CA, CS, CFA, ICWA or FRM, with a first-class bachelor’s degree in any discipline having secured 60% aggregate (55% aggregate in case of candidates belonging to SC/ ST/ PWD category) in aggregate (including all years /semesters) or a minimum CPI of 6.5 (6 in case of candidates belonging to SC/ ST/ PWD category) out of 10 can also apply for MBA programme.

    Q:   What is the cost of EMBA course offered at IIT Bombay?


    The programme fee for IIT Bombay-Washington University Executive MBA Program offered in Mumbai is INR 39 Lakh. The initial non-refundable deposit is INR 3 lakh. The fee is no refundable and no GST is applicable. Hence, the total fee is INR 42 lakh. This fee is as per unofficial sources and last years' data. Hence, is indicative.


    Q:   What is the selection criteria for EMBA offered at IIT Bombay?


    The students are shortlisted for the EMBA programme based on merit in the qualifying exam and admission interview. Seats are allotted to eligible students only after the document verification. At the time of admission, selected students shall have academic certificates with them.


    IIT Bombay MBA/PGDM
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    IIT Bombay MBA Admission Dates 2024

    DatesUpcoming Events
    9 Mar '24 - 11 Mar '24
    MAH MBA CET 2024 exam
    28 Feb '24 - 11 Mar '24
    MAH MBA CET admit card 2024 downloadOngoing
    May '24
    MAH MBA CET result 2024Tentative
    Jun '24-Aug '24
    MAH MBA CET CAP 2024Tentative
    DatesPast Events
    11 Jan '24 - 12 Feb '24
    MAH CET 2024 registration process
    21 Dec '23
    CAT 2023 result announcement
    Q&A Icon
    Commonly asked questions
    On Admissions

    Q:   Are CAT 2023 dates out for admission to SJMSOM (IIT Bombay)?


    Yes, CAT 2023 dates for admission to SJMSOM are out. To apply for the CAT exam, candidates are required to create an account, fill the CAT registration form and pay the exam application fee. The 2023 CAT form have to be submitted by a certain deadline after which no application will be accepted. For 2023 CAT exam, CAT registration will go on between Aug 2 and Sep 20. The exam will be conducted on November 26, 2023. Students are required to appear for the CAT 2023 exam in Computer Based Testing mode at allotted test centres. CAT exam 2023 for SJMSOM admission will be held in three slots. These are as follows:

    Morning slot: 8:30 AM to 10:30 AM

    Afternoon slot: 12:30 PM to 2:30 PM

    Evening slot: 4:30 PM to 6:30 PM

    Candidates who are willing to get into SJMSOM must mention the college name and course preference in their CAT application form to get a call (provided the student gets a valid score in the exam).


    Q:   When will CAT 2023 take place for admission to SJMSOM (IIT Bombay)?


    For admission to MBA 2024 batch at SJMSOM, the CAT test will be conducted on November 26, 2023. Aspirants of SJMSOM are required to appear for the exam in Computer Based Testing mode at the allotted test centres. CAT exam 2023 will be held in three slots:

    Morning slot: 8:30 AM to 10:30 AM

    Afternoon slot: 12:30 PM to 2:30 PM

    Evening slot: 4:30 PM to 6:30 PM

    Earlier, the CAT exam used to be of 180 minutes with 100 questions but in 2020, both exam duration and number of questions were reduced due to COVID-19 pandemic. Now, starting CAT 2022, the total number of questions stands at 66 as part of CAT pattern.


    Q:   When will CAT 2023 result be declared for SJMSOM (IIT Bombay) admission?


    For admission to SJMSOM for the flagship MBA course, the result of CAT 2023 can be expected by the last week of December 2023 (If the CAT conducting body follows the trend as in 2022). However, if the trend is not followed, the same will most probably be out by the first week of January 2024. After the release of result, the exam takers will be able to download their CAT scorecards from the official website using their login credentials for SJMSOM admission.



    IIT Bombay MBA Cutoff

    MBA/PGDM CAT Cut Off 2022: Year-Wise percentileAccordion Icon V3
    Master of Business Administration (MBA) - SJMSOM : CAT percentile Cutoff (General-All India)
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    Commonly asked questions
    On Cutoff

    Q:   What is the CAT percentile required for SJMSOM?


    Find below the minimum percentile cutoff score to be considered for selecting candidates for IIT Bombay admission for MBA:

    General / EWS75757590

    IIT Bombay MBA/PGDM

    IIT Bombay MBA/PGDM
    IIT Bombay MBA Seat

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    Commonly asked questions
    On Seats

    Q:   How many seats are there in IIT Bombay MBA?


    IIT Bombay SJSOM MBA has total 152 seats. Check below the category-wise intake for MBA:

    CategoryReservation %Intake

    IIT Bombay MBA Placements

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    On Placements

    Q:   How is placement in IIT Bombay for MBA?


    The highest international and domestic package offered during IIT Bombay MBA placements 2023 was INR 3.67 crore per annum and INR 1.68 crore per annum, respectively. Besides, the average package offered during IIT Bombay placements 2023 stood at INR 21.82 LPA. In addition, the overall placement rate recorded during IIT Bombay placements was 82%. Moreover, a total of 384 companies participated and 1,898 offers were made during IIT Bombay placements 2023.  A rise of nearly 75% was witnessed in the highest international package offered in 2023 as compared with 2022.



    Q:   What is the highest package of IIT Mumbai MBA?


    The highest package offered during SJMSOM IIT Bombay MBA placements 2023 is presented below:


    MBA Statistics (2023)

    the highest package

    INR 54 LPA

    the highest package (female students)

    INR 54 LPA


    Q:   How are placements for Master of Business Administration (MBA) at SJMSOM college?

    {Source: MBA students & alumni}

    Based on the information provided by the five reviews, here is how the placements are at SJMSOM:

    1. Average salary package has increased by 5% compared to the previous year, with the highest salary package offered being 32.8 LPA.
    2. Most students received internships from companies such as Wipro and Reliance Industries.
    3. Many top recruiting companies visit the campus for placements, including Amazon, Flipkart, Google, Hewlett Packard, Infosys and Wipro.
    4. Almost all students (around 98%) got placed, with the highest package offered being 18 lacs.
    5. The average package offered is around 18.0 lacs.
    6. Internships are also available for students, with many students receiving them.
    7. The college has a good reputation and is considered a prestigious institution, which can be beneficial for placements.

    Overall, it seems that the placements at SJMSOM are very good, with high average salaries, a large number of students getting placed and many top recruiting companies participating in the placement process.

    IIT Bombay MBA Rankings

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    Commonly asked questions
    On Rankings

    Q:   Is IIT Bombay MBA ranked?


    IIT Bombay Management course is ranked by various agencies.

    • In 2022, the institute was ranked at 5th position in QS World Rankings (Business & Management Studies).
    • It also acquired 11th position in Eduniversal B-School ranking. 
    • NIRF has ranked IIT Bombay under the 'Management' Category in 2023 at 10th position.

    IIT Bombay MBA/PGDM
    Students Ratings & Reviews

    Verified Icon65 Verified ReviewsInfo Icon
    Placement Review IconPlacements4.5
    Infrastructure Review IconInfrastructure4.7
    Faculty Review IconFaculty & Course4.4
    Crowd Review IconCampus Life4.7
    Money Review IconValue for Money4.8
    What students say about IIT Bombay - Indian Institute of Technology
    LikesView All
    Roles offered were across operations, finance, IT, marketing and consulting domains by top recruiters like Google, Microsoft, Colgate-Palmolive, Accenture, Yes Bank etc.
    Based on 35 Reviews
    Anil Gowde Verified Icon
    Master of Business Administration (MBA) - Batch of 2021
    5Placements5Infrastructure4Faculty5Crowd & Campus Life4Value for Money
    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.
    Infrastructure: The infrastructure available here includes right from a full-size tennis court to an Olympic-sized swimming pool, gymnasium, sports ground and many more. The good thing is that the library is well stocked. If there is a shortage of any book, you always have access to the IITB central library, which has every journal, book and subscription you would need. The classrooms are spacious, air-conditioned and have all the required facilities such as projectors, etc. In the first year, in the hostel, every room is given on a twin-sharing basis, i.e., two students stay in every room. In the second year, every student has an individual room. Room facilities are quite good. There is a provision of a proper cupboard (almirah) to store your clothes and other items that you would be bringing.
    Faculty: Every faculty member here is highly qualified, and many of them have multiple publications in famed research journals. The course curriculum is divided into core courses and elective courses. In the first year, only core courses are provided, which are basic courses to build up a base of all the domains such as finance, marketing, IT, strategy, operations, etc. For the second year, there are complete electives wherein students can choose the subjects as per their preference of specialising in a particular domain of choice. The exam follows a semester pattern, and every semester is divided into two terms. Both the terms have entirely different subjects, and the exams are conducted as per the IITB calendar.
    Reviewed on 22 Feb 2022Read More
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    Sunny Garg Verified Icon
    Master of Business Administration (MBA) - Batch of 2020
    5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money
    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.
    Infrastructure: The infrastructure is just amazing here because the campus of this university is just incredible, i.e., there is no need to go anywhere else because there are all facilities on the campus only. Wi-Fi, labs and libraries are well managed. They take care of all the diet of students, and meals served here are rich in protein due to the nutritionists. There is all the sports equipment here, and they are world-class.
    Faculty: The teachers here are well qualified, and they provide complete knowledge to every student. They clear doubts of the students personally with available sources. They make students industry-ready without taking help from others. The semester exams are also very easy, but only you need to do is you should study because teachers make all the efforts and make the exams easy. The pass percentage is 95.3%.
    Other: This course has increased demand day by day in the world, and it's the most preferred choice globally. The campus increases the glory of the college due to its natural beauty and many more. Activities are arranged here every month to improve students knowledge. It is one of the best colleges globally.
    Reviewed on 21 Aug 2021Read More
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    Sidharth Jain Verified Icon
    Master of Business Administration (MBA) - Batch of 2016
    5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money
    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.
    Infrastructure: The campus of our college is full of greenery and amazing. Wi-Fi available everywhere on the college campus. Classrooms are fully air-conditioned. A vast collection of books is found In the library. Hostels are very good all the facility are available in hostel.
    Faculty: Teachers are very helpful and so much qualified and knowledgeable. The teaching quality is very good. World class teachers are available in my college. They give practical knowledge as well as subjective knowledge. They make all the student industry ready.
    Reviewed on 11 Jul 2020Read More
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    Sandeep kaushikVerified Icon
    Master of Business Administration (MBA) - Batch of 2020
    5Placements4Infrastructure4Faculty5Crowd & Campus Life5Value for Money
    It is one of the best colleges of our country to join, if you really want to learn something.
    Placements: Placements are very good here and are on par with the great B-Schools of our country. The college has crossed the milestone of the average salary of 21 LPA. Summer internships are also very good. The average stipend offered was around 1.8 lakhs for two months in the most sought after companies.
    Infrastructure: The infrastructure of the college is very good. The best thing about SJMSOM is, we leverage all the world-class facilities of IIT Bombay. The campus is full of greenery, and the area is around 550 acres. We have a very big library where one can find any book related to any course. High-speed Wi-Fi network is available.
    Faculty: Faculty are world-class, and they are the best teachers in our country. Apart from this, we are being taught by some very good professors of other colleges also as guest faculty. Professors always emphasise on providing practical knowledge apart from providing theoretical knowledge. The student to faculty ratio is also very good, which is 10:1.
    Other: Our B-School fest is Avenues, which has a huge footfall. Apart from this, we have the best fest of India, Mood Indigo, for which around 3-4 Lacs people from different colleges across the country attend.
    Reviewed on 4 Apr 2019Read More
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    Rohit KumarVerified Icon
    Master of Business Administration (MBA) - Batch of 2020
    4Placements5Infrastructure4Faculty5Crowd & Campus Life5Value for Money
    Absolutely satisfied by the faculty, infrastructure and placements of the college.
    Placements: The placements in SJMSOM has been one of its topmost takeaway. For batch 2017-19, 100% placements was achieved within 3 days of the process with the highest CTC being Rs. 32.4 Lacs and average CTC over Rs 20 Lacs. The summer internships too were very successful with the entire batch getting offers from reputed firms. There is a placement cell in the college which is run very efficiently under the supervision of our faculty adviser.
    Infrastructure: Owing to the IIT Bomaby, SJMSOM enjoys a very rich infrastructure. There is almost every curricular and extra curricular facility available to the students. The hostels are well maintained an the food at canteen too is good. I did not face any infrastructure related issue until now in the college.
    Faculty: The faculty of SJMSOM is highly qualified and experienced. The teaching sessions are very enlightening and content for the same is very industry based. The practical approach of teaching makes the classes interesting. Also the curriculum is being updated with the latest case studies and their analysis making the learning more helpful for the students. There also are various speaker sessions organised for the industry exposure where the speakers talk about their experiences in the industry.
    Other: Avenues is the annual fest of SJMSOM that is being organised by the students every year and it witnesses a huge footfall. The entire array of events include the speaker sessions and other domain related competitions for which the participation comes from various colleges across India.
    Reviewed on 10 Jan 2019Read More
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    View All 69 ReviewsRight Arrow Icon

    IIT Bombay MBA Scholarships

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    Commonly asked questions
    On Scholarships

    Q:   Does IIT Bombay provide scholarship to MBA students?


    IIT Bombay offers few scholarships to MBA students. The scholarship is offered as per the performance of the students in the semester exam. Approximately 20% of the students are beneficiaries of the various scholarships which come from various endowment funds. Besides, 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 fee for MBA in IIT Bombay?


    The total tuition fee for MBA ranges between INR 8 lakh and INR 20 lakh. This fee is as per unofficial sources and hence is subject to change. It must be noted that IIT Bombay reserves the right to revise the course fees. Candidates need to pay course fee after the completion of the selection rounds to confirm their seat. Further, to submit the MBA application form successfully, candidates need to pay an application fee of INR 1,600. Aspirants can pay the application fee via any of the online payment modes.


    Q:   What is IIT Bombay MBA course structure?


    IIT Bombay MBA is a two-year course spread across eight terms. In the first year, students acquire knowledge on all the disciplines of management through 23 rigorous courses. All the academic courses need case studies, course projects and research by students, which provide exposure to the latest practices in the Industry. Students have the option of doing a one-month winter project at the end of first two terms.

    The rigor of the academics in the first year culminates in the summer project at the end of the first year of the course. The two-month project done after the completion of all the foundational courses on Management, offers the student a chance to learn management practices through live projects in the industry.


    Q:   What are the job options after MBA from IIT Bombay?


    After completing degree from one of the best MBA Colleges in India, students are open to multiple opportunities. An MBA graduate gets jobs which include team lead and managerial responsibility of the department. Given below are some of the popular job options after MBA and their corresponding salaries:

    MBA jobs

    Average salary (INR)*

    Finance Manager

    9.6 LPA

    Marketing Manager

    10 LPA

    Sales Manager

    10 LPA

    Human Resources Manager

    4 LPA

    Operations Manager

    7 LPA

    Product Manager

    15 LPA

    *The salary data has been obtained from Payscale.com

    Click here, to know career options available after MBA.


    IIT Bombay

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    Answered Yesterday

    The M.Tech fee structure at IIT Bombay for the Autumn Semester of 2020-21 encompasses both one-time payments and recurring per semester fees, tailored to the category of the student—Indian or Foreign Nationals. At the time of admission, all students are required to make one-time payments that aggreg


    Adv. Ved Vinayak

    Contributor-Level 9

    Answered Yesterday

    Admission to IIT Bombay is highly competitive due to its esteemed reputation and stringent standards. Prospective students typically need to qualify for entrance exams such as JEE Main and JEE Advanced for BTech and BS courses, UCEED for BDes, GATE for MTech, JAM for M.Sc., and CAT for MBA, in addit


    Adv. Ved Vinayak

    Contributor-Level 9

    Answered 3 days ago

    To secure admission to IIT Bombay in the first year, candidates must navigate through a rigorous process. Firstly, they need to excel in their Class 12 examinations, attaining a minimum of 75% for general/OBC candidates or 65% for SC/ST candidates. Subsequently, they must qualify for the JEE Main ex


    Adv. Ved Vinayak

    Contributor-Level 9

    Answered 3 days ago

    The rank required to get admission in IIT Bombay depends on the course and the category of the candidate. IIT Bombay offers various undergraduate, postgraduate, and research programmes in engineering, science, management, design, and humanities. The admission to these programmes is based on the scor



    Ritu Rathee

    Contributor-Level 7

    Answered 2 days ago

    The total fee in INR of B.Tech at IIT Bombay for 4 years is as follows:

    - For general and OBC students, the tuition fee is 62,500 per semester, and the hostel fee is 32,250 per semester. Therefore, the total fee for 8 semesters is 7,56,000.

    - For SC/ST/PwD students, the tuition fee is 0 per semester,



    Ritu Rathee

    Contributor-Level 7

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    Nishtha Shukla

    Updated on Feb 16, 2024