Master of Business Administration [MBA] From IIT Bombay, Mumbai

Mumbai, MaharashtraAutonomous UniversityEstd 1958

#11 For MBA By NIRF 2022

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Master of Business Administration [MBA]

first year fees: ₹429,300

2 YearsFull Time

Years	year 1		year 2
Semester	1	2	3	4
Admission fees	₹2700	-	-	-
Tution fees	₹200000	₹200000	₹200000	₹200000
Registration fees	₹900	₹900	₹900	₹900
Exam fees	₹1200	₹1200	₹1200	₹1200
Other fees	₹17550	₹4850	₹4850	₹4850
Total Year Wise fees	₹4.29 Lakhs		₹4.14 Lakhs

IIT Bombay Upcoming Application Dates 2024

Expired Events

Events	Dates
Application Timeline (MBA)	Jan 02, 2024 - Jan 31, 2024
MBA Interview Shortlist Out	Feb 16, 2024

IIT Bombay Master of Business Administration [MBA] Ranking

IIT Bombay MBA ranking by NIRF is 11 out of 125 in India in 2022 and it was ranked 10 out of 100 in India in 2021

NIRF Ranking

#11 out of 125 in India 2022

#2nd in Mumbai

Eligibility Criteria

Applicant must satisfy one of the following criteria:

1. A four-year Bachelor’s degree or a Master’s degree in any discipline with first-class or 60% marks (55% in case of candidates belonging to SC/ST category) in aggregate (including all years/semesters) or a minimum CPI of 6.5 (6 in case of candidates belonging to SC/ST category) out of 10, from the universities incorporated by an act of the central or state legislature in India or other educational institutions established by an act of Parliament or declared to be deemed as a University under Section 3 of the UGC Act, 1956, or possess an equivalent qualification recognized by the Ministry of HRD, Government of India.

2. CA, CS, CFA, ICWA, or FRM, with a first-class Bachelor’s Degree in any discipline having secured 60% marks (55% in case of candidates belonging to SC/ST category) in aggregate (including all years/semesters) or a minimum CPI of 6.5 (6 in case of candidates belonging to SC/ST category) out of 10.

* (CA (Chartered Accountancy), CS (Company Secretary), CFA (Chartered Financial Analyst), ICWA (Cost and Works Accountancy) & FRM (Financial Risk Manager))

3. Those appearing for the final degree examination can also apply. The admission in such cases will be subject to their fulfilling the minimum eligibility criteria as stated in (1) or (2) at the time of joining the course.

Course Details

One unique feature of the program is that apart from the regular courses on Finance, Accounting, Operations, and HR, SJM SOM prepares for technology management with core courses like Technology Policy, R&D Management, and Managing technology transfer.

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Master of Business Administration [MBA] Comparison

	IIT Bombay	IIT Delhi	IIT Kanpur	IIT Kharagpur
Reviews Rating	4.3/5 (41 Users)	4.1/5 (308 Users)	4.3/5 (39 Users)	4.3/5 (49 Users)
Cost To Study	Total Fees ₹843200 (2 Years ) Check Detailed Fees	Total Fees ₹1120000 (2 Years ) Check Detailed Fees	Total Fees ₹307950 (2 Years ) Check Detailed Fees	Total Fees ₹1175336 (2 Years ) Check Detailed Fees
Ranking	# Ranked 11/125 by NIRF Management Ranks	# Ranked 2/5 by NIRF Management Ranks	# Ranked 20/125 by NIRF Management Ranks	# Ranked 12/125 by NIRF Management Ranks
Highest Salary	₹36700000	₹20000000	₹19000000	₹26000000
Average Salary	₹2182000	-	-	-
General Course Details	Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree Check Course Details	Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree Check Course Details	Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree Check Course Details	Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree Check Course Details
Eligibility	Graduation	Graduation with 60% + CAT	Graduation	Graduation with 50% + CAT

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IIT Bombay: 2 Answered Questions

Is it worthwhile to pursue an MBA from IIT Bombay, IIM Trichy or IIM Ranchi?

Devesh OjhaStudied Master of Business Administration Degrees at Indian Institute of Management Ranchi (Graduated 2021)

My brother was in a similar dilemma as he wondered if spending high fees and 2 years of his life at a new IIM was even worth it. But eventually, he joined it and today he is glad he took the decision. Some major reasons for his satisfaction are

The amazing exposure he could experience through Corporate Competitions, Live Projects, and Guest Lectures.
Interacting with industry experts and top-notch visiting faculties from throughout the country.
The innumerable student activities like Management fest, AGON & Sports and Cultural fest, and RUSH made it possible for the students to promote their talents at the National level.
Some of the best Clubs and Committees that improve your organizational as well as extracurricular skills.

So yes, joining IIM Ranchi for an MBA is worth every rupee and every second you spend.

After a B.Tech from an IIT, should one go for an MBA from IIT Bombay / Delhi or from newer IIMs like Kozhikode or Ranchi?

Anubhav RajStudied at Indian Institute of Management Ranchi (2019)

The answer to your question is objectively based solely on your inclinations. IITs might offer a better ROI than IIMs. But had I been in your place I would have gone for the newer IIMs like Kozhikode or IIM Ranchi which is one of the fastest-growing IIMs. The reasons for taking this decision would have been

Better opportunities in finance, marketing, and consulting domains.
Better placement opportunities
Better industry exposure
The prestige of being a part of the IIM alumni network
The IIM tag

All these points make IIM a more tempting choice. Yet if you are tight on budget and just want to go for the Operations domain IIT will do fine for you.

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