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IIT MBA: Fees, Eligibility, Admission Process, NIRF Ranking & Placements

By universitykart team , Posted on Jun 22, 2024
IIT MBA

IITs (Indian Institutes of Technology) offer MBA programs that blend technical prowess with managerial skills, which is a sought-after goal for many aspiring managers and business leaders. According to NIRF Ranking 2023 in the Top 10 IITs of India, IIT Delhi ranked 5 and IIT Bombay ranked 10 from 23 IITs. For MBA Admission in IITs, candidates must score a minimum of 60% marks in Graduation in any stream from a recognized university followed by CAT Result and GD-PI Round performances.

Candidates who opt for the MBA from IIT have good records in rankings, placements, and Return on Investment (ROI) over IIMs and Private B-schools. MBA from IITs is a 2-year postgraduate management degree course that follows the same syllabus structure as Top MBA Colleges in India, including Corporate Social Responsibility, Macroeconomics, Microeconomics, Business Law, Principles of Marketing Management, etc. subjects.

Highlights: MBA IITS

Some of the highlights of the IIT MBA programs, including fees, placement packages, etc., are presented in the table below:

Particulars

Details

Course Name

MBA/Master of Business Administration

Eligibility

Minimum 60% aggregate marks in graduation exam

Course duration

2 Years

Accepted entrance exam

CAT

Average salary offered to IIT MBA graduates

INR 10 Lakhs to INR 20 Lakhs

Average Fees (INR)

INR 4 Lakhs to INR 10 Lakhs

CAT Cut off 

Range of 96 to 98 percentile 

Ranking

Out of the 8 IITs offering MBA, 6 are among top 25 B-schools

MBA from IITs: NIRF Ranking 2023

Some of the top-ranked institutes by the NIRF as IITS in 2023 

IITs

NIRF 2023 Rankings – Management

IIT Delhi (DMS)

IIT Bombay (SJMSOM)

10

IIT Kharagpur (VGSOM)

14

IIT Madras (DOMS)

15

IIT Roorkee (DOMS)

18

IIT Kanpur (DIME)

23

MBA from IITs: Fees, Seats and Programs

IITs MBA Fee, MBA courses offered by IITs are shared below

IIT MBA College

IITs MBA Program

IIT MBA Fees

IIT MBA Seats

IIT Bombay- Shailesh J Mehta School of Management

MBA

Rs.14.08 lakhs

150+

IIT Delhi-Department of Management Studies

MBA 

MBA: Rs. 11.20 lakhs 

115

IIT Madras-Department of Management Studies

MBA

Rs.11.14 lakhs (+ 4 lakhs for semester abroad program)

100

IIT Kharagpur-Vinod Gupta School of Management

MBA

Rs. 12.85 lakh

200

IIT Kanpur - Department of Industrial and Management Engineering (IME)

MBA

Rs 4.35 lakhs

75+

IIT Roorkee-Department of Management Studies (DoMS)

MBA

Rs.9.68 lakhs

90+

IIT Dhanbad (ISM) - Department of Management Studies

MBA; MBA-Business Analytics

Rs. 3.67 lakhs

90+

IIT Jodhpur

MBA

INR 8.75 Lakhs

80+

MBA IITs: Cost of Application Fees

To apply for each IIT MBA admission 2024, apply first for the CAT 2023 Exam, amount on Registration and application Fees as shared below: 

IIT MBA Application Fee Component

Fee for General, OBC & EWS Category

Fee for SC/ST/PwD category

CAT 2023 Registration Fees

Rs.2400

Rs.1200

IIT MBA Admission 2024 Application Fee (Separate Application for Each IIT)

Rs.1600

Rs. 800

MBA from IITs: Application Process

The application process for MBA IITs involves the following steps:

MBA from IITs: Application Deadline

 The admission dates and GD/PI to pursue an MBA from IITs 2023 are given below. 

College Name

Registration Dates

GD/PI Dates

IIT Kharagpur (VGSOM)

December 22 – February 05, 2024

Feb 06 – 08, 2024 (Form Correction)

March 02 – 04, 2024 (Round 1)

March 09 – 11, 2024 (Round 2)

March 22 – 24, 2024 (Round 3)

IIT Delhi (DMS)

December 22 – January 31, 2024

March 11 – 14, 2024

IIT Bombay (SJMSOM)

January 02 – 31, 2024

March 7 – 10, 2024

IIT Kanpur

January 16 – 31, 2024

March 15 – 17, 2024

IIT Madras (DoMS)

December 27– January 31, 2024

March 1, 2, 3, 2024

IIT Roorkee (DoMS)

January 10 – 31, 2024

March 2024

ISM Dhanbad

December 22 – January 31, 2024

Feb 26-28, 2024

Feb 29, 2024

March 4-5, 2024

March 8-10, 2024

IIT Jodhpur (SME)

December 25 – February 28, 2024 (Extended)

March 18 - 21, 2024

March 26 - 31, 2024

April 01 - 06, 2024

IIT Guwahati (SoB)

January 18 – February 19, 2024

March 2024

IIT Mandi (SoM)

February 06 – 26, 2024

May 2024

CAT Entrance Cut-Off: MBA IITs

The final CAT cut-off to pursue for an MBA in IITs according to last exam score is mentioned below.

IIT

CAT cut off

Unreserved Category

Reserved Category

IIT Bombay

98.5 percentile

90 percentile

60 percentile

IIT Jodhpur

98 percentile

IIT Delhi

98 Percentile

90 percentile

60 percentile

IIT Madras

90 percentile

IIT Kanpur

95 percentile

85 percentile

75 percentile

IIT Roorkee

94.6 percentile

90 percentile

70 percentile

IIT Kharagpur

90 percentile

90 percentile

75 percentile

IIT-ISM Dhanbad

80 percentile

80 percentile

60 percentile

The tentative schedule for the 2024 admissions cycle:

CAT 2024 Registration

August 2024

CAT 2024 Exam

November 24, 2024

Application Window for IIT MBA Programs

December 2024 - January 2025

Shortlisting Announcement

January 2025

WAT/PI Rounds

February - March 2025

Final Admission Results

April - May 2025

Detailed Fee Structure: IIT MBA

The details of fee structure (Course Fee, Hostel Fee, etc.) for MBA IITs as mentioned below:

IIT

Course Fee Structure

Hostel seat rent (per semester)

Electricity and water charges (per semester)

IIT Bombay

INR 10,08,000

INR 2,000

INR 3,000

IIT Madras

INR 10,99,000

INR 20,000 + INR 250

INR 6200

IIT Delhi

INR 9,60,000

INR 7,500

INR 10,500

IIT Kharagpur

INR 11,67,000

INR 29,440

INR 6,000

IIT Kanpur 

INR 4,14,000

INR 1,250

INR 2, 000

IIT Roorkee

INR 9,54,000

INR 3,000

INR 3,000

Frequently Asked Questions

Ques: How much does an MBA at an IIT cost?

Ans: The fees for an MBA at IITs can vary depending on the specific institute. Generally, they range from INR 3 lakh to INR 11 lakh per year.

Ques: Is there financial aid available for MBA programs at IITs?

Ans: Some IITs may offer scholarships or financial aid to students. It's best to check with the admissions office of the specific program you're interested in.

Ques: What is the application process for MBA programs at IITs?

Ans: Admission to most IIT MBA programs is based on a candidate's CAT score, followed by a Group Discussion (GD) and Personal Interview (PI).

Ques: When are the application deadlines for MBA programs at IITs?

Ans: Deadlines can vary between IITs. While some applications may be closed (IIT Delhi, Bombay, Madras), others may still be open (IIT Kharagpur, Roorkee, Jodhpur). It's important to check the specific program's website for the latest information.

Ques: When are the CAT exams held?

Ans: The Common Admission Test (CAT) is typically held in November or December each year.

Ques: When do I find out if I've been accepted into an MBA program at an IIT?

Ans: The notification dates for shortlists and final admissions will vary between IITs. Be sure to consult the program's website for their specific timeline.

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