INDIAN INSTITUTE OF TECHNOLOGY (IIT BOMBAY)

Established in 1958, Indian Institute of Technology Bombay (IIT Bombay) is one of India’s top institutes for higher education and research in engineering, science, and technology. Renowned for its academic distinction, IIT Bombay consistently ranks among the best engineering institutions both in India and globally. Situated in Powai, Mumbai, the campus spans 550 acres, offering a peaceful environment that fosters intellectual growth and innovation.

IIT Bombay provides a wide array of undergraduate, postgraduate, and doctoral programs across numerous fields. The institute is distinguished by its rigorous academic structure, advanced facilities, and vibrant campus life. Students benefit from a well-rounded education that blends theoretical learning with practical application, preparing them to excel in their careers. Research and innovation are at the heart of IIT Bombay, with numerous research centers and partnerships with both global industries and academic institutions. The faculty comprises distinguished scholars and researchers who are at the forefront of their respective fields, contributing significantly to the institute’s research and development.

IIT Bombay’s alumni network is a testament to its legacy, with graduates occupying leadership roles in academia, industry, and government worldwide. Additionally, the institute promotes entrepreneurship, resulting in the establishment of numerous startups and technological innovations. In conclusion, IIT Bombay stands as a hub of knowledge and innovation, providing an enriching academic experience that shapes future leaders and innovators.


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IIT Bombay: Overview of Key Information

ParticularsDetails
Establishment Year1958
OwnershipPublic
Campus Area550 acres
RecognitionUGC, AICTE
LocationBombay
2023 Rankings3rd by NIRF in Engineering, 2nd by India Today (Govt. Engg.)
Flagship CoursesB.Tech, MBA
Courses Offered80+
ScholarshipsMerit-based, Need-based

Programs Offered & Fee Structure at IIT Bombay

IIT Bombay provides various undergraduate, postgraduate, and doctoral programs in diverse fields. Below is a brief overview of some MBA programs along with their fee structures.

CoursesTuition FeesEligibility Criteria
MBA/PGDMINR 8-20 LakhsBachelor’s Degree (50% marks), CAT/ JEE Main/ MAH CET

Fee Components for MBA at IIT Bombay

IIT Bombay’s fee structure comprises several components, some of which are one-time payments, while others are paid per semester. The breakdown of fees includes tuition, caution deposit, and hostel charges.

CourseCaution DepositTuition FeeHostel Fee
MBAINR 14,900INR 8 LakhsNot Applicable

Important Dates for MBA/PGDM Admission

EventsDates (Tentative)
MAH MBA CET CAP 2024June – August 2024
CAT 2024 RegistrationAugust – September 2024
CAT 2024 Admit Card DownloadOctober – November 2024
CAT 2024 ExamNovember 24, 2024
CAT 2024 Result AnnouncementDecember 2024

MBA Admission Process at IIT Bombay

The admission process for MBA at IIT Bombay is a rigorous one, aimed at selecting candidates with strong leadership qualities and potential.

Key Steps:

  1. CAT Exam: Candidates need to appear for the Common Admission Test (CAT), which is the primary criterion for shortlisting.
  2. Shortlisting for WAT & PI: Based on CAT scores, candidates are shortlisted for the Written Ability Test (WAT) and Personal Interview (PI) rounds.
  3. Final Selection: A merit list is prepared based on the candidate’s CAT score, academic background, work experience (if applicable), and performance in WAT/PI.
  4. Admission Offer: Shortlisted candidates are offered admission.
  5. Admission Confirmation: Candidates must confirm admission by paying the requisite fees within the given timeframe.

IIT Bombay MBA Eligibility & Selection Criteria

  • Eligibility: A bachelor’s degree with a minimum of 60% marks (55% for SC/ST/PwD candidates).
  • Work Experience: While not mandatory, work experience can be advantageous.
  • Diversity Encouraged: Candidates from varied academic backgrounds are welcomed.

Cut-offs for MBA at IIT Bombay

YearOverall CAT CutoffQuant CutoffVA-RC CutoffDI-LR Cutoff
202090505050
202190505050
202290505050

IIT Bombay Placements (2023)

Details20222023
Highest International PackageINR 2.1 crore/yearINR 3.67 crore/year
Highest Domestic PackageINR 1.8 crore/yearINR 1.68 crore/year
Average PackageINR 21.50 LPAINR 21.82 LPA
Companies Participating332324
Placement Rate89%82%
Offers Made1,8781,898
Offers Accepted1,4411,516

Average Salary Packages at IIT Bombay (2021-2023)

YearAverage Package
2021INR 17.91 LPA
2022INR 21.50 LPA
2023INR 21.82 LPA

Top Recruiters in 2023

  • Uber
  • WorldQuant
  • Rubrik
  • Blackstone
  • Millennium

Rankings of IIT Bombay’s MBA Program

Ranking BodyYearRanking
The Week2019#4 in Mumbai
NIRF2023#10 in India
IIRF2024#10 in India
The Times of India2019#42 in India