MBA from IITs 2023: Eligibility Criteria, Cut-off, Fee, Placement, Admission 2023

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Arunima Sethi

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MBA from IITs is available across 10 IITs in India. MBA from IITs can be done at a significantly low fee and a high ROI. MBA from IITs is done based on the CAT scores. IIT MBA Admission has begun in January 2023 for most of the IITs after the declaration of the CAT results. Currently, candidates who wish to pursue MBA from IITs had to apply for the academic session 2023-2025 till the end of January 2023. IIT Mandi offers an MBA DS&AI course. Admissions for IIT Mandi MBA program began from January 10, 2023 till March 31, 2023. 

To pursue MBA from IITs candidates must have at least 60% marks in graduation from a recognized university in any stream. IIT MBA Admission is solely based on a candidate’s CAT results. IIM Bangalore released the CAT results on December 21, 2022. Several IITs have released the shortlist and PI calls out to offer MBA from IITs 2023.

IIT MBA is a 2-year full-time degree course. MBA from IITs follow the same syllabus structure as in other top MBA Colleges in India. Some of the MBA Subjects include Corporate Social Responsibility, Macroeconomics, Microeconomics, Business Law, Principles of Marketing Management, etc. 

IIT MBA fees range from INR 14 Lakhs to INR 4 Lakhs. MBA from IITs have high ROI and the average IIT MBA Placements range from INR 9 Lakhs to INR 15 Lakhs. Some of the MBA job offers will be from companies like JP Morgan, Accenture, TATA, etc

MBA from IITs: Application Deadline

To seek IIT MBA Admission 2023, candidates have to clear the CAT exam and register for the Group Discussion and Personal Interview Rounds. The admission dates to pursue MBA from IITs 2023 are given below. 

College Name Registration Dates GD/PI Dates
IIT Kharagpur (VGSOM) December 15 – February 05, 2023   March 04 – 06, 2023
March 12 – 14, 2023
March 25 – 27, 2023
IIT Delhi (DMS) December 20 – January 31, 2023  March 15 - 17, 2023
IIT Bombay (SJMSOM) January 03 – January 31, 2023  March 01 – 05, 2023
IIT Roorkee (DoMS) January 12 – January 31, 2023  March 13 – 25, 2023
IIT Madras (DoMS) December 26 – January 31, 2023  March 03 – 26, 2023
IIT Kanpur December 31– January 31, 2023  March 16 – 19, 2023
IIT-ISM Dhanbad December 26 – January 31, 2023  March 17 – 26, 2023
IIT Jodhpur (SME) December 26 – February 28, 2023  March 21 – 28, 2023
IIT Mandi (SoM)

January 10 – March 08, 2023 (Round 1)

January 10 – April 08, 2023 (Round 2)

To Be Announced
IIT Guwahati (SoB) January 20 – February 28, 2023  To Be Announced

MBA from IITs: NIRF Ranking

MBA from IITs is a popular option amongst students especially because of they are some of the top-ranked institutes by the NIRF.

NIRF Ranking 2022 Institute
4 IIT Delhi (DMS)
7 IIT Guwahati (SoB)
10 IIT Madras (DoMS)
11 IIT Bombay (SJMSOM)
12 IIT Kharagpur (VGSOM)
19 IIT Roorkee (DoMS)
20 IIT Kanpur
43 IIT Jodhpur (SME)
46 IIT-ISM Dhanbad

IIT MBA Fees

The average annual fees to complete the MBA from IITs ranges between INR 3.5 - 12 LPA. The detailed fee structure for each IIT offering the MBA course is as follows.

College Name Fees (INR)
IIT Kharagpur 11,67,000
IIT Delhi 9,60,000
IIT Bombay 10,80,000
IIT Roorkee 9,54,000
IIT Madras 11,00,000
IIT Kanpur 4,14,000
IIT Dhanbad 3,40,000
IIT Jodhpur 8,00,000

IIT MBA Seat Intake

The seat intake for pursuing MBA from IITs is listed below. 

College Name Seats
IIT Kharagpur 140
IIT Delhi 115
IIT Bombay 120
IIT Roorkee 95
IIT Madras 68
IIT Kanpur 78
IIT Dhanbad 62
IIT Jodhpur 80

MBA from IITs: Course Details

The MBA from IITs is a 2-year long postgraduate management program. The various course details such as fees, placement packages, etc, are listed in the table below.

Course Name Master of Business Administration
Duration 2 Years
Eligibility 60% in graduation
Admission Process CAT
Average Fees (INR) 4 Lakhs to 10 Lakhs
Average Salary (INR) 9 Lakhs to 15 Lakhs

MBA from IITs: Eligibility Criteria

To pursue MBA from IITs, candidates must fulfill the minimum eligibility criteria that is mentioned below:

  • Candidates must have completed their graduation or must be in the final year of graduation to be eligible for IIT MBA course.
  • They must have scored minimum aggregate marks of 60%.
  • Reserved Categories students belonging to OBC, SC, and ST get 5% relaxation in the minimum required marks.
  • Work experience is not mandatory to apply for the IIT MBA course, however, it is an added advantage.

MBA from IITs: Admission Process

MBA from IITs can be pursued only on the basis of a valid CAT Score. The first step towards the IIT MBA Admission is to crack the entrance exam, followed by a Group Discussion and Personal Interview Round. 

  • Candidates must sit for the CAT entrance exam to be eligible to seek an MBA from IITs.
  • After qualifying for the CAT exam, candidates have to qualify for the GD and PI rounds.
  • Final admission to pursue the MBA course from IITs is granted on the basis of previous academic performance, CAT scores, and performance in GD/PI rounds.

MBA from IITs: CAT Exam

CAT Events CAT Dates
Issue of notification for CAT July 31, 2022
Starting of the registration process for CAT August 03, 2022
Last date for registration for CAT September 14, 2022
Admit card release for CAT October 27, 2022
Date of CAT exam November 27, 2022
Answer key release date December 07, 2022
CAT Result declaration January 03, 2023

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MBA from IITs: CAT Cutoff

To pursue MBA from IITs candidates must clear the CAT exam. The CAT cutoff to seek admission to the MBA course from IITs is given below.

Name of IIT CAT Cut off (General) CAT Cut off (SC/ST/PD)
IIT Bombay 90 percentile 60 percentile
IIT Delhi 90 percentile 60 percentile
IIT Dhanbad (ISM) 80 percentile 60 percentile
IIT Jodhpur 98 percentile (Direct admission)
IIT Kanpur 85 percentile 75 percentile
IIT Kharagpur 90 percentile 75 percentile
IIT Madras 90 percentile -
IIT Roorkee 90 percentile 70 percentile

Why Study MBA from IITs?

The following reasons highlight why studying MBA from IITs is a beneficial decision.

  • Return on Investment: The salary expectancy of students who have completed their MBA from IITs is pretty high. The average package during placements starts from 20-30 LPA. Hence, pursuing MBA from IITs has a high ROI with lesser investment.
  • Better Opportunities: There are several great organizations that hire MBA graduates from IITs. Pursuing MBA from IITs offers several great job opportunities.
  • Top-Ranked Management Schools: All the IITs offering the MBA course are ranked amongst the top 50 business schools by the NIRF. They are some of the top-ranked B Schools alongside the IIMs.
  • Moderate Fee: The fee structure for pursuing an MBA from IITs is not very costly. As compared to other Business Schools, IITs have a moderate fee structure, thus making them a great choice to pursue an MBA course.
  • Not a very high CAT Percentile: IIT MBA CAT Cutoff ranges from 90-95 percentile. However, in IIMs the CAT cutoff is as high as 98-99 percentile. 

MBA from IIT Bombay

Master of Business Administration is the two-year flagship program of SJMSOM, IIT Bombay that seeks to develop managers for an integrated understanding of all business functions. This program delivers an integrated understanding of the operational and strategic aspects of management, business, and related disciplines. The eligibility criteria for interested candidates is a Bachelor’s/ Master’s degree in any discipline with a minimum of 60% aggregate (55% aggregate for SC/ST category candidates) or 6.5 CPI from a recognized university. The selection criteria will be based on a valid CAT score followed by a personal interview.

Particulars Fee Structure
Course Fee INR 10,08,000
Hostel seat rent (per semester) INR 2,000
Electricity and water charges (per semester) INR 3,000
Mess advance (per semester) INR 22,000

IIT Madras MBA

DoMS IIT Madras offers full-time MBA course. Candidates who have graduated from any discipline with first-class or 60% marks (55% for SC/ ST/ PwD) are eligible to apply for MBA admission to IIT Madras. The admission form can be filled out online. Candidates are shortlisted based on their CAT score, academic diversity and performance, work experience, and gender. Once they are shortlisted, they are called for the next round that is, a Virtual personal interview (PI). IIT graduates with a CGPA of 8 and above on 10 are exempted from the CAT score.

  • Passport size photo
  • Signature
  • CAT score card [GMAT score card in the case of NRI]

IIT Madras MBA Eligibility

The eligibility criteria for different students applying for IIT Madras MBA is mentioned below:

Regular Students

  • Valid score in the Common Admissions Test (CAT).
  • Graduates in any discipline with first class or 60% marks earned in their degree from a recognized/reputed University.
  • Final year students are also eligible to apply. Such candidates, if selected, will be admitted provisionally, on the condition that they meet all requirements for the qualifying degree before the start of the program and will produce provisional certificate of completion within two months of joining the program. 
  • IIT Graduates who have obtained a CGPA of 8 and above on 10 are exempted from CAT score.

Company Sponsored Candidates

  • The employers must sponsor the application and must be forwarded through proper channels.
  • The applicant must have a minimum work experience of two years in the sponsoring organization.
  • Valid score in the Common Admissions Test (CAT) conducted by the Indian Institutes of Management.
  • Graduates in any discipline with first class or 60% marks earned in their degree from a recognized/reputed University.

Defence Personnel

  • Defense personnel are exempted from the national-level entrance test. They should apply through respective government agencies.
  • Graduates in any discipline with 55% marks earned in their degree from a recognized/reputed University.
Particulars Fee Structure
Course Fee INR 10,99,000
Hostel Admission Fee INR 250
Hostel Rent INR 20,000
Hostel Wellness Fee INR 200
Estt “A” Charges INR 6000

IIT Delhi MBA

  • MBA from IIT Delhi is offered under the Department of Management Studies. 
  • The DMS IIT Delhi offers a two-year MBA program and a 3-year Executive MBA part-time course for working professionals. MBA is also offered in Telecom specialization.
  • The candidate must have a minimum of 60% marks in aggregate (of all the years/semesters) or 6.00 CGPA on a 10-point scale or equivalent in the qualifying degree. Admission to full-time management programs is based on CAT scores, while admission to the Executive MBA is based on a face-to-face interview. 
  • DMS IIT Delhi has an excellent record of 100% placements. IITD MBA Placements are compatible with top B-schools in India including IIMs, SPJIMR, MDI and FMS.
Particulars Fee Structure
Course Fee INR 9,60,000
Hostel Rent INR 7,500
Amenity Charges INR 500
Mess Security deposit INR 15,000
Mess Admission INR 10,000

IIT Kharagpur MBA

  • MBA from IIT Kharagpur is offered by the Vinod Gupta School of Management (VGSoM). 
  • The minimum qualification required to apply for MBA is the candidates should have a Bachelor’s degree in Technology, Engineering, Medicine, Pharmacy, or similar disciplines with 60% or 6.5 CGPA on a scale of 10. 
  • Candidates are shortlisted on the basis of the CAT scores for the selection rounds of IIT Kharagpur MBA admission. 
  • The selection round consists of GD and personal interviews. The application form for Vinod Gupta School of Management, IIT Kharagpur can be filled in online mode only in the month of January.
Particulars Fee Structure
Course Fee INR 11,67,000
Hostel Charges INR 29,440
Caution Money And Deposits INR 6,000

MBA from IIT Kanpur 

  • IIT Kanpur offers a 2-year full-time MBA program via the Department of Industrial and Management Engineering (IME). 
  • Divided into four semesters. IIT Kanpur MBA admission is completely entrance based. 
  • Candidate must have a CAT score of 85 percentile and above for General, OBC (NCL) and EWS (75 percentile and above for SC/ST).
  • Candidates seeking admission to MBA at IIT Kanpur need to apply for CAT since admission to this program is based on the score obtained in the entrance exam. 
Particulars Fee Structure
Course Fee INR 4,14,000
Hostel Seat Rent INR 1,250
Water Charges INR 25
Mess Establishment Charges INR 12,125

MBA from IIT Roorkee

  • MBA from IIT Roorkee is a 4 semester residential regular program spread over two academic years. 
  • MBA admission at IIT Roorkee is offered based on CAT score, followed by the performance of candidates in the PI round. 
  • The eligibility criteria to apply for this course is candidate needs to have graduated with a valid CAT score or a professional qualification equivalent to that of a University degree recognized by UGC, in any discipline with a minimum of 60% marks (55% for SC/ST/PD). 
  • JEE Advanced-qualified IIT Graduates with CGPA 7 or above on a 10-point scale are exempted from the initial shortlisting process and are directly called for the PI round. 
Particulars Fee Structure
Course Fee INR 9,54,000
Hostel Seat Rent INR 3,000
Mess Establishment Charges INR 9,000
Fan, Electricity, Water Charges INR 3,000

MBA from IITs: Syllabus

MBA Subjects in 1st Semester MBA Subjects in 2nd Semester
Corporate Social Responsibility Macroeconomics
Microeconomics Business Law
Principles of Marketing Management Operations Management
Principles of Accounting Optimization and Project Research
Tools and Framework of Decision Making Corporate Finance
Quantitative Methods and Statistics Project Management
Business Communication and Soft Skills Marketing Management
Organizational Behaviour 1 Organizational Behavior 2
MBA Subjects in 3rd Semester MBA Subjects in 4th Semester
Supply Chain Management Internship Projects
Financial Modeling -
Strategic Management -
Business Intelligence -
Marketing Research -
Managerial Economics -
Corporate Governance and Business Ethics -
Corporate Finance 2 -

MBA from IITs: Jobs and Placements

After successfully completing MBA from IITs, candidates can sit for job interviews. The highest placement package backed by students pursuing MBA from IITs is mentioned below.

College Name Companies Highest package offered
IIT Delhi OnePlus, Deloitte, RBI, Shell, GAIL, Wipro INR 32 LPA
IIT Madras Cisco, HCL, Amazon, EMCO INR 29 LPA
IIT Roorkee Vedanta, Infosys, ICICI, Cognizant, HCL, Paytm INR 19 LPA
IIT Mumbai Amazon, Wipro, Infosys, General Marketing INR 32 LPA
IIT Kanpur MPhasis, ICICI, ITC, Infotech, Ford, Examwizards INR 20 LPA
IIT Dhanbad Deutsche Bank, Flipkart, JSW, JP Morgan INR 40 LPA
IIT Kharagpur Accenture, IDFC First Bank, Flipkart, Deloitte, Bloomberg, IBM INR 30 LPA

MBA from IITs: FAQs

Ques. How can I get admission in IIT for MBA?

Ans. Admissions to pursue MBA from IITs is granted on the basis of the CAT scores of a candidate. Followed by the CAT results, candidates must sit for a GD and PI round to complete the admission process and secure their seats.

Ques. What is the fees for MBA in IIT?

Ans. The IIT MBA fees range from INR 3 - 11 LPA. 

Ques. Is MBA from IIT only for engineers?

Ans. No, MBA from IITs can be done by students who are from a non-engineering background as well. However, IITs only offer the MBA course to students from Science and Commerce backgrounds. 

Ques. Which is better IIT or IIM for MBA?

Ans. IIMs and IITs are two of the most popular institutions for pursuing an MBA course. IITs have a higher ROI than IIMs because of their fee structure. 

Ques. Which IIT Gives Highest Package for MBA?

Ans. IIT Dhanbad had the highest placement offer for students pursuing MBA from IITs. The highest placement package offered was INR 40 LPA.

Ques. Is MBA from IIT a good option?

Ans. Yes, pursuing MBA from IITs is a very good option. They have also been ranked as some of the top management institutes alongside the IIMs and other business schools in the NIRF Rankings. Moreover, 

Master of Business Administration [MBA] : 573 answered questions

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Ques. What is life like after an MBA from NITIE Mumbai?

● Top Answer By Ayushi Sehgal on 02 Mar 24

Ans. My uncle had done his PGDIE from NITIE Mumbai, back in 1979. NITIE enhanced his knowledge and self confidence by a huge extent. This institution offers top notch placements, and a good alumni network. Some of my uncle’s seniors went on to become CEOs and high ranking professionals at reputed firms. After graduating from NITIE, you’ll get plenty of opportunities. It is a well renowned college in India. However, a lot depends on your own hardwork and dedication. Try to make the most of your stay at this college.Read more
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Ques. Is the MBA program at Symbiosis Pune any good?

● Top Answer By Raktim Tarafdar on 14 Sept 23

Ans. The two-year full-time residential MBA offered to SIBM Pune is its flagship program. Its duration is 2 years. Courses are offered in various specializations like Marketing, Human Resource Management, Finance, and Operations Management. The course structure aims at imparting students top-notch industry exposure and a nurturing classroom environment. This helps them become the leaders of tomorrow.  The placement committee of SIIB and the faculty are responsible for the placement process. Students receive training for the summer internship process for group discussion, interviews, and resume building. This attracts more recruiters every year. SIMB Pune has well-educated and experienced faculty members and the pedagogy they adopt is impressive. Usually students are taught through case studies as its primary teaching tool. Other teaching methods include discussions, presentations, peer learning, and hands-on learning. Here is the detailed placement report of SIBM Pune No. of Companies participated 105 No. of New Recruiters 49 No. of Offers made - No. of Pre-placement offers 111 Highest Salary INR 35.05 LPA Average Salary INR 26.77 LPA Median Salary INR 24 LPA Top 10% Average Salary INR 33.27 LPA Top 25% Average Salary INR 32.80 LPA Top 50% Average Salary INR 29.99 LPA Major Sectors BFSI, FMCG / FMCD Top Recruiters Accenture Strategy, Aditya Birla Capital, American Express, Barclays, HSBC etc Hope this helps you!Read more
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Ques. Is NMIMS a good college for an MBA?

● Top Answer By Akriti Gupta on 12 Sept 23

Ans. Yes, NMIMS is considered to be the MBA college in Mumbai city and its MBA program is highly regarded among aspirants. Here are a few pros and cons of the institute that might help you  Pros The college is well-known for its state-of-the-art infrastructure. The classrooms have all modern facilities and the library too is well-stocked. Its location gives it leverage in establishing healthy industrial relations. The parity of the faculty cannot be doubted as they deliver excellent lectures. The academics are much more than just bookish language as students are made to solve Case-based studies. The food served in the canteen is quite good. Students get the chance to participate in lots of competitions and earn well, or get PPI. Cons : NMIMS fees are exorbitantly high. The first-year fee is INR 11.95 Lakhs. You also need to consider the expenses of living in Mumbai. Hostel faculties for only limited students  A few faculties have no interest in teaching.  The placement stats are inflated and thus misleading.  The MBA batch of NMIMS has a huge batch of around 600 students affecting the quality of education. There is a huge gap between the administration and the students.  Easy entrance exam affects the quality of the crowd. So, NMIMS was once a great B School but the increasing batch size has affected its reputation largely. You can go for colleges with a smaller batch size and similar fees to get better job opportunities.Read more
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Ques. Why should one do MBA from PUMBA?

● Top Answer By Raktim Tarafdar on 12 Sept 23

Ans. Here are some solid reasons why one should pursue an MBA from PUMBA: A University department of one of the most prestigious universities in India. An inaugural in the field of Management Sciences since 1971. The best B-school in Pune Provides an amazing ROI. Its first-year fee is only INR 65,000 while its average package is INR 8.10 LPA. So provides the best ROI after FMS, JB, and SIMSREE. An autonomous course comprising trimester pattern and major and minor specializations making it more flexible. The natural beauty of Pune combined with its decent infrastructure makes PUMBA a great place to study. It has a well-stocked library and high-speed facility. Students have access to the Jaykar library. Students also have access to free medical services. There is a 24*7 WiFi connection in the entire university campus. Students have access to a Gymnasium at a very low fee. Students can participate in Pune University's recreational activities. Decent placement opportunities I hope all the above reasons convince you to join PUMBA.Read more
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Ques. How good is the PGPX IIMU-Purdue supply chain management dual degree from IIM Udaipur?

● Top Answer By Saptarshi Bhowmik on 20 May 23

Ans. The PGPX IIMU-Purdue supply chain management dual degree program offered by IIM Udaipur is considered to be a highly reputable and well-regarded program in the field of supply chain management. The program is designed to provide students with a deep understanding of the latest developments in the field, along with practical skills and knowledge related to supply chain management roles. Here are a few highlights pertaining to the program. The curriculum is very rigorous and within 5 months students are introduced to basic subjects of management such as Finance, Accounting, Statistics, Marketing and also the foundational subjects of Supply Chain and Operations management. Professors adopt the case study pedagogy combined with supplementary materials whenever necessary to deliver the best learning experience. The coursework is regularly evaluated like any other reputed institute. Students from IIM Udaipur get to spend 5 months at Purdue University’s Krannert School Of Management wherein they get an opportunity to select elective courses as per their interests. Faculty ensure students get the right projects during internships. It’s the internship experience that actually determines your choice of electives at Purdue University. Placements: The following table represents the MBA GSCM Placements for the batch 2022: Students places 100% Number of students  37 Number of Companies participated 56 Number of offers 150 Highest CTC  INR 35.96 LPA Average CTC  INR 19.54 LPA Lowest CTC INR 14 LPA  Overall, the PGPX IIMU-Purdue program is considered to be a great choice for those interested in a career in supply chain management.Read more
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Ques. What is the fee structure for MBA in BITS Pilani?

● Top Answer By Namrata Das on 14 Sept 23

Ans. BITS Pilani is a private engineering college so charges high fees to maintain the standard of education. The detailed fee structure of its MBA program (Pilani Campus) has been mentioned below BITS Pilani MBA Fees 2022 Particulars Pilani Campus Admission Fees  INR 48,100 Tuition fee INR 2,18,500 per semester Students' Union fee  INR 450 Students' Aid Fund  INR 225 Hostel fee (for on-campus students only)  INR 15,550 per semester Mess & Electricity advance INR 10,000 per semester Other Advances  INR 12,000 per semester Hope this solves your query!Read more
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Ques. Which college is better for MBA among UBS, BITS, BIMTECH and NIT Trichy?

● Top Answer By Abanti Mukharjee on 26 May 22

Ans. For an MBA degree, BIMTECH will be the best option among these. It has a clear focus on management education and also has the backing of Birla group. BIMTECH placements are pretty good for MBA. According to the recent placement drive, around 95.28% of students got placement offers and the average CTC received by the students was INR 8.07 LPA. Read more
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Ques. Is an MBA From LBSIM worth it?

● Top Answer By Adil Sinha on 26 May 22

Ans. Yes, an MBA from LBSIM is worth the investment. It has a 100% placement record and offers great ROI. LBSIM placements 2022 concluded with an average CTC of INR 11.30 LPA.  The academics are effective. You will learn through live projects and hands-on experience. It is a student-driven institute, during your MBA, you will get to learn each and every aspect of the industry. There are many academic and non-academic clubs at LBSIM, that help student lay off stress. LBSIM alumni are working at reputed companies like the Big four, Crisil, Marsh & Mclennan, etc. Read more
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Ques. What is the cut off for MBA at IMT Ghaziabad?

● Top Answer By Ankita Batra on 25 May 22

Ans. As per the latest trends, IMT Ghaziabad cutoff is as follows. CAT - 90+ percentile  XAT - 90+ percentile  GMAT - 650  There is no such sectional cutoff for IMT. Also, keep in mind the cutoff isn’t fixed. It changes each year, depending on the pool of students applying. IMT Ghaziabad decides on the cutoff after reviewing the application pool. Read more
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Ques. Should I go to IBS Hyderabad (ICFAI) for an MBA? Why or why not?

● Top Answer By Harshita Sinha on 30 Apr 22

Ans. IBS Hyderabad isn’t a good option for MBA. The placement record of the institute isn’t good. You won’t get a good ROI. The course fee for an MBA at IBS Hyderabad is INR 16.02 lakhs. While the average CTC offered to the students according to IBS Hyderabad placement highlights for 2022 is INR 7.97 LPA.  The student intake is huge. Batch strength for MBA is 1300. So, students don’t get equal opportunities in terms of academics and placements. Read more
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