IIT Bombay total tutuion fees for MBA in 2026 is ₹ 6 Lakhs for the complete course duration. MBA total fee at IIT Bombay is ₹ 36.38 Lakhs in 2026.
Course Duration
2 YearsTuition Fees
01 Year Fees
27.88 LakhsTotal Fees
36.38 Lakhs| Years | year 1 | year 2 | ||
|---|---|---|---|---|
| Total Year Wise fees | ₹27.88 Lakhs | ₹8.49 Lakhs | ||
| Total Fees | ₹2363550 | ₹424700 | ₹424700 | ₹424700 |
| Tuition fees | - | ₹200000 | ₹200000 | ₹200000 |
| Admission fees | - | - | - | - |
| Registration fees | - | ₹2400 | ₹2400 | ₹2400 |
| alumni life membership fee | ₹5000 | - | - | - |
| student welfare fund | ₹1350 | - | - | - |
| institute security deposit* | ₹5000 | - | - | - |
| library security deposit* | ₹5000 | - | - | - |
| gymkhana fee | ₹2400 | ₹2400 | ₹2400 | ₹2400 |
| student benevolent fund | ₹800 | ₹800 | ₹800 | ₹800 |
| insurance fund saif | ₹400 | ₹400 | ₹400 | ₹400 |
| medical fee | ₹2150 | ₹2150 | ₹2150 | ₹2150 |
| other specified fees | ₹174300 | ₹174300 | ₹174300 | ₹174300 |
| hostel charges | ₹9150 | ₹9150 | ₹9150 | ₹9150 |
| electricity and water charges | ₹4000 | ₹4000 | ₹4000 | ₹4000 |
| hostel amenities fund | ₹2100 | ₹2100 | ₹2100 | ₹2100 |
| hostel mess security deposit* | ₹5000 | - | - | - |
| mess advance | ₹27000 | ₹27000 | ₹27000 | ₹27000 |
| Years | year 1 | year 2 | ||
|---|---|---|---|---|
| Total Year Wise fees | ₹7.68 Lakhs | ₹7.48 Lakhs | ||
| Semester | 1 | 2 | 3 | 4 |
| Total Fees | ₹394250 | ₹373750 | ₹373750 | ₹373750 |
| Tuition fees | ₹373750 | ₹373750 | ₹373750 | ₹373750 |
| Admission fees | ₹9200 | - | - | - |
| Caution fee* | ₹5000 | - | - | - |
| University Fees | - | - | - | - |
| college welfare fund | - | - | - | - |
| university welfare fund | - | - | - | - |
| union fees | - | - | - | - |
| development fees | - | - | - | - |
| transport fees | - | - | - | - |
| gym fees | - | - | - | - |
| library fees* | ₹5000 | - | - | - |
| lab fees | - | - | - | - |
| convocation fees | - | - | - | - |
| alumni fees | - | - | - | - |
| training and placement fees | - | - | - | - |
| miscellaneous fees | ₹1300 | - | - | - |
IIT Bombay MBA Admission 2024 has been concluded. The MBA program at IIT Bombay is provided through the Shailesh J Mehta School of Management (SJMSOM), offering a total of 152 seats. Admission to SJMSOM IIT Bombay for the 2-year full-time MBA program in 2024 is strictly based on CAT scores, followed by a Personal Interview. The final admission at SJMSOM is determined by the combined score achieved from CAT, Personal Interview, and academic background.
5.1 IIT Bombay MBA Placements 2024 PPO – Wise
5.2 IIT Bombay MBA Sector Wise Placements 2024
5.3 IIT Bombay MBA Placements 2024 Students Split Sector – Wise
The eligibility and selection criteria for IIT Bombay MBA program admission are as follows.
Shortlisting Criteria for MBA 2024-26 batch:
Candidates securing a minimum overall percentile score as well as minimum sectional percentile score in CAT as mentioned below in Table 1, will be considered for shortlisting for PI process.
Minimum percentile cut-off score to be considered for shortlisting
| 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 |
The admission process to the MBA program at IIT Bombay is generally carried out in two phases such as:
Phase 1: Initial shortlisting based on CAT scores.
Phase 2: Counselling session for candidates who clear the GD & PI round.
Below is a detailed explanation of the MBA admission process at IIT Bombay.
Phase 1: Initial shortlisting based on CAT 2023 scores
In the first phase, candidates are shortlisted for the Personal Interview (PI) round based on CAT cutoff percentiles and a composite score determined by the institute. Those candidates who are eligible proceed to the PI round. After the PI round, the institute compiles a final merit list for admission. The shortlisting criteria for this phase includes various parameters as described below:
Parameters and Weightage for Phase 1
| Parameters | Weightage |
|---|---|
| Performance in CAT | 70% |
| Class XII | 5% |
| Graduation | 5% |
| Post Graduation/ Professional | 5% |
| Work Experience | 5% |
| Gender Diversity | 10% |
Phase 2: Merit List Preparation
The final merit list for admission to the MBA program at SJMSOM, IIT Bombay, is based on the candidate's overall score across various parameters, with their respective weightage. Phase 2 of the admission process is assessed with a maximum score of 95.| Parameters | Weightage |
|---|---|
| CAT overall percentile score | 42.5% |
| Personal interview | 42.5% |
| Candidates profile | |
| Graduation | 5% |
| Work experience | 5% |
| Extra-curricular activities | 5% |
To be considered for the initial screening process for admission at SJMSOM-IIT Bombay, candidates must have appeared and achieved the minimum required sectional and overall percentile in CAT. In addition to taking the CAT exam and achieving the required percentile, all applicants must submit a separate application for admission to the MBA program at SJMSOM-IIT Bombay. Candidates meeting the eligibility criteria for the IIT Bombay MBA Program, and having a valid CAT score are then shortlisted for Personal Interview (PI). The online application form must be filled out on the website of the B-school within 50 minutes as the session expires after this time. After submission, the application fees for IIT Bombay MBA admission should be paid only through Internet Banking/ Credit Card/ Debit Card. The category-wise application fees for IIT Bombay MBA admission 2024-26 are as follows.
| Category of Candidate | Application Fee in Rupees |
|---|---|
| General, Gen-EWS & OBC | Rs. 1600/- |
| SC/ST/PD | Rs. 800/- |
The table below represents the highlights of IIT Bombay MBA placements 2023:
| Particulars | Placement Details |
|---|---|
| Batch Size | 115 |
| No of students participated in placements | 112 |
| No of recruiters | 48 |
| Percentage of PPOs | 47% |
| PPO Average CTC | INR 29.97 LPA |
| Highest Package | INR 72.00 LPA |
| Median Package | INR 26.73 LPA |
| Average Package | INR 28.01 LPA |
| Top 25 Percentile Average Package | INR 38.29 LPA |
| Top 50 Percentile Average Package | INR 33.82 LPA |
| Top 75 Percentile Average Package | INR 30.71 LPA |
| Average Package (Female) | INR 29.31 LPA |
| Major Domains | Pharma & others, IT & E-Commerce |
The below table represents the PPO–wise statistics of IIT Bombay MBA Placements 2024:
| Particulars | Statistics |
|---|---|
| PPO Percentage | 47% |
| Average Package | INR 29.97 LPA |
The below table represents the sector wise placements of IIT Bombay MBA course:
| Sectors | Company Split |
|---|---|
| IT / E-commerce | 23% |
| Consulting | 12% |
| FMCG / FMCD | 19% |
| BFSI & Conglomerate | 19% |
| Pharma & others | 27% |
The below chart represents the sector–wise placement statistics of IIT Bombay MBA students:

Ques. How can I apply for the MBA program at SJJMSOM IIT Bombay?
Ans. To apply for IIT Bombay MBA program, candidates need to fill out the online application form available on the official website of the institute. You need to provide the required details, upload the necessary documents, and submit the application form along with the prescribed fee.
Ques. What is the duration of the MBA program at IIT Bombay?
Ans. The MBA program at IIT Bombay is a two-year full-time course.
Ques. What is the total number of seats for 2024-26 batch?
Ans. The total number of seats this year is 152(including EWS). The seat distribution is given in detail below.
| Category | Total(100%) | GE(40.5%) | EWS(10%) | OBC(27%) | SC(15%) | ST(7.5%) | PD*(5%) |
|---|---|---|---|---|---|---|---|
| Number of seats | 152 | 62 | 15 | 41 | 23 | 11 | 8 |
Ques. How are placements for MBA students at IIT Bombay?
Ans. The placements for MBA students at IIT Bombay are usually conducted through the institute's placement cell, which invites companies for recruitment drives. The placement process typically involves pre-placement talks, interviews, and job offers. The highest package secured during MBA placements is INR 54 LPA. The average package was recorded as INR 28.88L. There has been an 11% increase in average CTC from the previous year.
Ques. Can I apply for the MBA program if I am in the final year of my bachelor's degree?
Ans. Yes, you can apply to the MBA program in the final year of your bachelor's degree. However, IIT Bombay MBA admission will be subject to fulfilling the minimum eligibility criteria when joining the course.
Ques. Is work experience compulsory to apply for the MBA program at IIT Bombay?
Ans. Work experience is not mandatory for applying to the MBA program at IIT Bombay. However, candidates with work experience have a higher advantage during the selection process and in securing placements. As per the placement report for 2022-24, 76% of students with work experience have received job offers, hence having work experience has an added advantage during profile evaluation.
Ques. What are the documents required for MBA admission at IIT Bombay?
Ans. The documents required for admission to IIT Bombay MBA course are as follows.
Ques. Is pursuing an MBA from IIT Bombay worth it?
Ans. Yes, it's definitely worth it to pursue an MBA from IIT Bombay. In Placements 2023, IIT Bombay recorded a 100% placement rate. The highest package offered during SJMSOM IIT Bombay MBA placements 2023 was INR 72 LPA and the average package recorded was INR 28.01 LPA.
Ques. What is the total cost of MBA at IIT Bombay?
Ques. What are the shortlisting criteria to get into IIT Bombay?
| Highest Placement | ₹ 1.0 Crore |
| Average Placement | ₹ 23.5 Lakhs |
| Top Companies | ![]() ![]() ![]() ![]() ![]() ![]() |
| Event | Date |
|---|---|
| CAT Registration | Aug 03, 2026 - Sep 25, 2026 |
| CAT Admit Card | Oct 26, 2026 (Tentative) |
| CAT Admit Card | Oct 31, 2026 (Tentative) |
| CAT Exam Date | Nov 29, 2026 |
| CAT results | Dec 18, 2026 (Tentative) |
| CAT results | Dec 23, 2026 (Tentative) |
All the Commerce students need to appear for IIT JEE exam to apply for admission to the BSc course at IIT Bombay.
Both IIT Delhi and IIT Bombay are highly ranked engineering institutes in India. According to the 2023 NIRF rating, IIT Bombay is ranked third, and IIT Delhi is ranked second. However, according to the QS Asia University Rankings, IIT Bombay is ranked 34th, and IIT Delhi is ranked 41st.
Here are some other differences between the two institutes:
Campus
IIT Bombay has a better campus and is located in a better area. IIT Bombay also has no restrictions, such as boys being allowed in girls' hostels and vice versa.
Research
IIT Bombay has more patents and papers than IIT Delhi.
Placements
IIT Bombay has better placements and employer reputation than IIT Delhi.
Campus life
IIT Bombay's vibrant campus life is a primary allure for toppers.
The cutoff ranks for IIT Bombay depend on several factors, including:
Here are some 2023 JEE Advanced cutoff ranks for IIT Bombay:
Other cutoffs for IIT Bombay include:
Here are some tips that might help you prepare for the JEE Advanced exam:
IIT Bombay has a variety of activities and clubs. The campus is self-sufficient, with a post office, market, banks, ATMs, shops, salons, and many restaurants. It also has a gymkhana, swimming pool, library, staff club, and movie club.
Here are some placement statistics for IIT Bombay in 2023:
IIT Bombay has 17 Hostels of campus (hostels no-1 to16, hostel no -18 and Tansa) for students. Each hostel is an independent entity with its own mess facilities, recreational areas, etc. Students can also choose to make their own arrangements for accommodation outside the campus.
Here are some fees for courses at IIT Bombay for 2024:
IIT Bombay has many cultural festivals and events, including:
Mood Indigo
A four-day festival that features concerts, competitions, games, activities, artist events, and nightlife. The 2023 theme was "A Rewired Reality". Mood Indigo is usually held at the end of December.
Techfest
An annual technical festival that attracts participants from all over the world. Events include EDM Night, International Robowars, guest lectures, international exhibitions, summits, VR, and gaming setups.
Literarium ATM | Literary Arts Festival
A literary arts festival that will took place from January 12, 2024, 9 PM–January 12, 2024, 11:59 PM.
IIT Bombay has a vibrant sports culture with various sports clubs and facilities for students. The specific sports clubs available at IIT Bombay may vary, but common sports clubs include cricket, football, basketball, badminton, table tennis, athletics, and more.
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