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IIT Bombay MBA : Fees 2026, Admission Dates, Course Duration, Eligibility

Mumbai, Maharashtra
Autonomous UniversityAICTE, UGC Approved
NAAC Grade A++
IIT Bombay offers MBA as a 2 Year Full Time program. For admission into IIT Bombay MBA, a candidate must clear Graduation + CAT. IIT Bombay offers a total of 152 seats for MBA .

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 Fees

Course Duration

2 Years

Tuition Fees

0

1 Year Fees

27.88 Lakhs

Total Fees

36.38 Lakhs

Detailed Fees

general
sc/st
NRI
Yearsyear 1year 2
Total Year Wise fees27.88 Lakhs8.49 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
View Other Fees Components
* Fees is refundable

Previous Year Fees

2025
2024
general
sc/st
Yearsyear 1year 2
Total Year Wise fees7.68 Lakhs7.48 Lakhs
Semester1234
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---
View Other Fees Components
* Fees is refundable

Eligibility Criteria

  • A four-year Bachelor's degree in any discipline or a Master's degree in any discipline with a minimum of 60% marks (55% for candidates belonging to SC/ST/PWD category) or a minimum CPI of 6.5 (6 for candidates belonging to SC/ST/PWD category) out of 10 from institutions/universities incorporated by an act of parliament or state legislature in India or other institutions declared to be deemed as a University under Section 3 of the UGC Act, 1956. Alternatively, candidates should possess an equivalent qualification recognized by the Ministry of Education, Government of India.
  • Candidates in their final year of the degree and those awaiting results are also eligible to apply. The applicant should have obtained an aggregate of 60% marks (55% for candidates belonging to SC/ST/PWD category) or equivalent until the latest completed examination for which scores are available. Admission will be granted subject to the candidate meeting the eligibility criteria.
  • Candidates possessing qualifications such as CA, CS, CFA, ICWA, or FRM, along with a first-class Bachelor's degree in any discipline, must have secured 60% marks (55% for candidates belonging to SC/ST/PWD category) in aggregate (across all years/semesters) or a minimum CPI of 6.5 (6 for candidates belonging to SC/ST/PWD category) out of 10 from institutions/universities incorporated by an act of parliament or state legislature in India, or other institutions declared to be deemed as a University under Section 3 of the UGC Act, 1956. Alternatively, they should possess an equivalent qualification recognized by the Ministry of Education, Government of India.
  • The candidate should have a valid CAT score.

Course Details

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.

IIT Bombay MBA Highlights

  • IIT Bombay offers a general management program for 2 years via Shailesh J. Mehta School of Management. It offers a total of 115 seats for MBA admission. The total fee required to pursue MBA at IIT Bombay is approximately INR 14,08,000.
  • IIT Bombay has been ranked at the 10th position in the NIRF 2023 Management category.
  • MBA admission in SJMSOM IIT Bombay is based on CAT scores followed by personal interview rounds and the candidate’s profile evaluation. The CAT score consists of 70% weightage, followed by 5% for 12th score, 5% for graduation, 10% for gender diversity, 5% for postgraduation or any professional degree, and another 5% for work experience.
  • The minimum cutoff for IIT Bombay MBA Admission is 90-95 percentile for General Category students. However, candidates must secure a median CAT percentile of 98.45 to be eligible for admission at IIT Bombay.
  • During IIT Bombay MBA Placements, the top 25% of students received packages worth INR 38.29 LPA, whereas the top 50% and 75% of students received INR 33.82 L and INR 30.71 L, respectively.

IIT Bombay MBA Eligibility

The eligibility and selection criteria for IIT Bombay MBA program admission are as follows.

  • Applicants must hold a four-year Bachelor's degree or a Master's degree in any discipline with a minimum of 60% marks (55% for SC/ST/PWD candidates) or a minimum CPI of 6.5 out of 10 from institutions recognized by the Ministry of Education, Government of India.
  • Candidates in their final year of the degree or awaiting results are also eligible to apply. They should have secured an aggregate of 60% marks or equivalent in the latest completed examination.
  • Individuals with qualifications such as CA, CS, CFA, ICWA, or FRM, along with a first-class Bachelor's degree in any discipline with 60% marks are eligible.

IIT Bombay MBA Cutoff

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

IIT Bombay MBA Admission Process 2024

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 and Weightage for Phase 2
Parameters Weightage
CAT overall percentile score 42.5%
Personal interview 42.5%
Candidates profile
Graduation 5%
Work experience 5%
Extra-curricular activities 5%

How to Apply for IIT Bombay MBA Admission?

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/-

IIT Bombay MBA Placements

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 MBA batch of 2022-24 saw a notable 33.33% increase in the highest salary reaching INR 72 LPA from last year's INR 54 LPA. Additionally, the median salary increased to INR 26.73 LPA from INR 26.64 LPA last year. The batch comprised 115 students out of which 112 students participated in the placement process. Amongst them, 47% of them received Pre-Placement Offers (PPOs). Female students secured an average salary of INR 29.31 LPA. The batch boasted an average work experience of 22 months. The key recruiting domains included Pharma, IT & E-Commerce followed by FMCG/FMCD and Conglomerates. The top recruiters included Accenture, Amazon, PwC, Deloitte, EXL, HCL, and Wipro, among others. IIT Bombay Placements saw 11 new recruiters for the season including Air India, AM/NS, Cipla, Dr. Reddy’s, Hexaware Technologies, IDFC First Bank, Seclore, TAS, TATA Communications, and United Breweries Limited.

IIT Bombay MBA Placements 2024 PPO – Wise

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

IIT Bombay MBA Sector Wise Placements 2024

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%

IIT Bombay MBA Placements 2024 Students Split Sector – Wise

The below chart represents the sector–wise placement statistics of IIT Bombay MBA students:

IIT Bombay MBA Placements 2024 Students Split Sector – Wise

IIT Bombay MBA FAQs

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.

  • Passport size photograph (jpg / jpeg / png, maximum size 40KB).
  • Signature (jpg / jpeg / png, maximum size 10KB).
  • Graduation Certificate / Latest semester mark sheet (for final semester students or those awaiting Graduation Certificate) (PDF, minimum size 500KB).
  • Caste certificate (if applicable) (PDF, minimum size 500KB).
  • Physically disabled certificate (for applicants with disabilities) (PDF, minimum size 500KB).
  • CAT scorecard (PDF, minimum size 500KB).

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?


Ans. The total cost of an MBA at IIT Bombay is approximately INR 14 Lakhs (under revision). However, as fees are subject to change every year, candidates should go through the official website for more clarity about IIT Bombay MBA fees.

Ques. What are the shortlisting criteria to get into IIT Bombay?


Ans. The shortlisting criteria to get into IIT Bombay is first and foremost CAT score. The CAT score consists of 70% weightage, followed by 5% for 12th score, 5% for graduation, 10% for gender diversity, 5% for postgraduation or any professional degree, and another 5% for work experience.


Placement

Highest Placement₹ 1.0 Crore
Average Placement₹ 23.5 Lakhs
Top Companies

IIT Bombay Admission 2026 Dates

Important Events

EventDate
CAT RegistrationAug 03, 2026 - Sep 25, 2026
CAT Admit CardOct 26, 2026 (Tentative)
CAT Admit CardOct 31, 2026 (Tentative)
CAT Exam DateNov 29, 2026
CAT resultsDec 18, 2026 (Tentative)
CAT resultsDec 23, 2026 (Tentative)

College Ranking

Ranking of IIT Bombay - Indian Institute of Technology - [IITB]



Ask your question

Answered Questions

IIT Bombay - Indian Institute of Technology - [IITB]: 22 answered questions

ZT

Zollege Team

02 Apr 24

All the Commerce students need to appear for IIT JEE exam to apply for admission to the BSc course at IIT Bombay. 

...Show More

R

Rency

05 Mar 24

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.

...Show More

R

Rency

05 Mar 24

The cutoff ranks for IIT Bombay depend on several factors, including:

  • The number of applicants
  • The number of candidates who appeared in the exam
  • The difficulty level of JEE Advanced
  • The total number of seats available at IIT Bombay

Here are some 2023 JEE Advanced cutoff ranks for IIT Bombay:

  • BTech in CSE: 67
  • BTech in Electrical Engineering: 481
  • BTech Computer Science Engineering: 66–67
  • BTech Mechanical Engineering: 1691–1736
  • BTech Aerospace Engineering: 2568–2694 

Other cutoffs for IIT Bombay include:

  • JEE-Advanced overall cutoff: 67–1692 rank
  • IIT-JAM overall cutoff: 14–32 rank
  • GATE overall cutoff: 325–400 marks
  • UCEED overall cutoff: 4 rank
  • CAT overall cutoff: 90 percentile 
...Show More

R

Rency

05 Mar 24

Here are some tips that might help you prepare for the JEE Advanced exam:

  • Start with NCERT: NCERT books can be a good foundation for the JEE.
  • Practice: Practice solving previous year papers, sample papers, and weekly worksheets. You can also try example problems and solve questions in multiple ways.
  • Study: Create a study plan, focus on concept clarity, and use good study material. You can also try taking notes.
  • Review: Review what you've solved in mock tests and focus on fixing wrong questions.
  • Manage your time: Use time management apps to keep track of your time.
  • Get guidance: Seek guidance from experienced mentors.
  • Prepare regularly: Regular revision and self-discipline are key to success.
  • Don't burn yourself out: Don't prepare so hard in the last few days that you're in poor physical and mental condition on exam day.
  • Prepare differently: Prepare for math and physics with a different approach and chemistry with a different approach
...Show More

R

Rency

05 Mar 24

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.

...Show More

R

Rency

05 Mar 24

Here are some placement statistics for IIT Bombay in 2023:

  • The highest international package is INR 3.67 crore per annum (CPA)
  • The highest domestic package is INR 1.31 CPA
  • The average package is INR 23.26 LPA
  • 1,431 students are placed in 231 companies out of 1648 offers as of March 2023
  • The highest package takers are often coders or sales managers
  • The top recruiters include Uber, WorldQuant, Rubrik, Blackstone, and Millennium
...Show More

R

Rency

05 Mar 24

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.

...Show More

R

Rency

05 Mar 24

Here are some fees for courses at IIT Bombay for 2024:

  • M.Tech: INR 59,300 per year for the first year
  • M.Sc: INR 44,300 per year for the first year
  • B.Tech:  INR 2.29 lakhs per year for the first year
  • Ph.D: INR 39,700 per year for the first year
  • MBA: INR 4.29 lakhs per year for the first year
  • Master of Design (M.Des): INR 59,300 per year for the first year
  • Master of Public Policy (MPP):  INR 59,300 per year
...Show More

R

Rency

05 Mar 24

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. 

...Show More

R

Rency

05 Mar 24

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.

...Show More


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