SJMSOM IIT Bombay has started the IIT Bombay MBA Admission 2024. The application window is open from 2 January 2024. The admission is done on the basis of the CAT 2023 score and PI. Interested candidates can take admission to the top #10 B schools in India till 31st January 2024.
IIT Bombay MBA Admission 2024
Shailesh J. Mehta School of Management (SJMSOM) of Indian Institute of Technology, Bombay has announced for IIT Bombay MBA admission 2024 on 2 January 2024. The MBA admission is now open. Candidates who qualified Common Admission test (CAT) are eligible for IIT Bombay admission 2024. Indian Institute of Technology Bombay offer 2 year long MBA program in full-time mode. Candidates need to score at least 90 to 100 percentile in CAT to clear the IIT Bombay cutoff. So Aspirants can apply online through the official website at www.som.iitb.ac.in. After clearing the cutoff criteria the selection will be based on academic background, work experience personal interview and Diversity-like factors.
IIT Bombay
IIT Bombay is among the top #10 B schools in the country as per NIRF 2023 ranking. In QS India ranking 2022 IIT Bombay ranks #5. The IIT Bombay offers a comprehensive MBA program known as Master of Management (M.Mgmt). IIT Bombay has the highest placement with average package going beyond Rs. 28.88 LAP in placement 2023. The candidate holding a bachelor’s degree or equivalent with a minimum 60% marks and with good CAT score can apply for IIT Bombay MBA admission 2024. Recruiters like Accenture, Deloitte,EXL, HCL, PWC etc participate in the placement drive.
IIT Bombay MBA Admission 2024 Highlights
| Name of organisation offering MBA | Shailesh J. Mehta School of Management (SJMSOM) |
| Program offered | MBA |
| Batch | 2024-26 |
| Exam & score cut off | CAT 2023 (90%ile minimum required cut-off) |
| IIT Bombay MBA fee | Rs. 14,08,000 (under revision) |
| Placement 2023 | IIT Mumbai MBA highest package – Rs. 49 LPA IIT Bombay MBA average package – Rs. 25.93 LPA |
| Nirf ranking 2023 | Ranked #10 among top 125 B School |
| IIT Bombay MBA Admission Application status | Ongoing |
| Mode of application | Online |
| IIT Bombay MBA Admission Application fee | Rs. 1600 |
| IIT Bombay MBA application Last Date 2024 | 31 January 2024 |
| Official website | www.som.iitb.ac.in |
IIT Bombay MBA Admission Date 2024
Before applying to Indian Institute of Technology Bombay candidate must check the all important dates. The application for MBA admission is started from 2 January 2024. Check the important dates below for admission.
| Event | Date |
| CAT result declaration 2023 | 21 December 2023 |
| MBA registration start | 2 January 2024 |
| Last date to apply | 31 January 2024 |
IIT Bombay MBA Admission Eligibility Criteria
- The CAT 2023 Score Card is mandatory for all candidates for the MBA admission.
- Candidate having Bachelor’s degree or a Master’s degree with at least 60% marks (55% in case of candidates belonging to SC/ST/PWD category) or a minimum CPI of 6.5 (6 in case of candidates belonging to SC/ST/PWD category) possess an equivalent qualification recognized by the Ministry of HRD, Government of India.
- The bachelor’s degree or equivalent qualification obtained by the candidate must entail a minimum of 4 years of education after completing higher secondary schooling (10+2) or equivalent.
- Also, Candidates appearing for the final year of the degree and those who have completed the degree requirements and awaiting results can also apply. The applicant should have secured an aggregate of 60% marks (55% in case of candidates belonging to SC/ST/PWD category) or equivalent till the latest exam that has been completed and whose scores are available.
- CA, CS, CFA, ICWA or FRM, with a 1st-class Bachelor’s degree in any discipline having secured 60% marks (55% in case of candidates belonging to SC/ST/PWD category) in aggregate (including all years/semesters) or a minimum CPI of 6.5 (6 in case of candidates belonging to SC/ST/PWD category) out of 10.
IIT Bombay MBA Fees 2024
Candidate willing to take admission in MBA at IIT Bombay in 2024 must understand the financial aspect. The fee structure for MBA program provided insights into the investment required to import on the academic journey at one of the India’s premier institutes. The fee structure for MBA program’s for 1st semester at IIT Bombay for 2020 for income prices a blind of semester-wise charges, one-time payment, and refundable deposits. Here is the fee structure for IIT Bombay MBA admission 2024.
- Per semester fee for general and OBC category candidates: Rs. 348200
- Per semester fee for SC/ST/PD category candidates: Rs. 148200
- At the time of admission – Rs. 8900
One-time charges include (at the time of admission):
- Admission fees – Rs. 2550
- Graduation transcript fee Rs. 600
- Medical examination Rs. 500
- Provisional certificate Rs. 600
- Student welfare fund Rs. 1150
- Modernization & degradation Rs. 2900
- Identity card Rs. 600
Refundable deposits
- Institute and Library security deposit: Rs. 6000
Total fees for semester 1 – Rs. 363100
IIT Bombay MBA Admission 2024 Selection Procedure
The selection process for Shailesh J. Mehta School of Management (SJMSOM) IIT Bombay for the admission into MBA program is divided into two phases.
- In the first phase candidates who qualified CAT exam and have applied to the MBA program will be shortlisted for personal interviews.
- In the second phase, counselling is done for candidates who qualify IIT Bombay personal interview (PI).
The candidate must have a valid CAT 2023 score securing a minimum overall percentile score as well as a minimum sectional percentile score. Candidates can check here the MBA cut-off score that will be considered for shortlisting.
| Category | Overall | VAEC | DILR | QA |
| General/EWS | 90 | 75 | 75 | 75 |
| OBC | 81 | 67.5 | 67.5 | 67.5 |
| SC | 6 | 50 | 50 | 50 |
| ST | 60 | 50 | 50 | 50 |
| PWD | 60 | 50 | 50 | 50 |
Phase 1: Composite Score for Personal Interview (PI) Shortlisting
The shortlist of candidates selected for this stage will be based on candidates’ composite scores on different parameters whose weights are listed below.
| Parameter | Weightage |
| Performance in CAT 2023 (on all over scaled score) | 70% |
| 12th | 5% |
| Graduation | 5% |
| Gender diversity | 10%* |
| Postgraduate/professionals | 5%** |
| Work experience | 5% |
- As per the information provide by the IIT Bombay 10% weight will be given to the female candidate.
- 3% weightage will be awarded to postgraduate candidates.
- 5% weightage will be awarded to professionals.
- Additionally, is if applicant does not score the minimum prescribed percentile in CAT 2023, then they will be not to be considered for shortlisting for final stage.
- Shortlisted candidates will be invited to appear for personal interviews (PI) in March 2024.
Phase 2: Preparation of Final Merit List
The final merit list of the candidate is based on composite score. A weightage for composite score is given below.
| Parameters | Weightage |
| CAT over all percentile score | 42.5% |
| Personal interaction | 42.5% |
| Candidate profile | 15% |
How to Apply for IIT Bombay MBA Admission 2024?
- Firstly candidate need to visit the official website of SJMSOM IIT Bombay at www.som.iitb.ac.in.
- Afterwards, click on the application form link in the homepage and fill in the required details within the 50 minutes. (after 50 minutes the session will expire).
- Upload the scanned copy of important documents such as photograph, signature, Graduation certificate, caste certificate, physical disability certificate(if applicable), CAT scorecard. Check the details mention.
- Passport size photograph (JPG/JPEG/PNG only, size not more than 40 KB).
- Signature (JPG/JPEG/PNG only, size not more than 10 KB).
- Graduation certificate/ copy of latest semester marksheet (for student appearing for the final semester or yet to receive Graduation certificate) (PDF only with size not less than 500 KB).
- Caste certificate (if applicable) (PDF only with size not less than 500 KB).
- Physically disabled certificate for application with the disability. (PDF only with size not less than 500 KB)
- CAT scorecard (PDF only with size not less than 500 KB).
- However, candidates need to pay the application fees. Just to inform you that the application fee can be paid through net banking/debit card/credit card/UPI.
- After filling in all the required details candidate has to lastly submit the application form.
As per the information provided by SJMSOM application can be edited anytime before the final submission of the form.
SJMSOM IIT Bombay MBA 2024 Application Fees
All candidate need to pay the application fee to submit the application form. Check the category wise application fee for the session 2024-26 in the table.
| Category | Application fee |
| General, EWS and OBC | Rs. 1600/- |
| SC/ST/PD | Rs. 800/- |
Also, Check
GUJCET 2024 Application Form (ongoing)
IIT Madras MBA Admission 2024 (ongoing)
BITSAT Application Form 2024
SRMJEEE 2024 Application Form (ongoing)
WBJEE 2024 (ongoing)
VITEEE Exam Date 2024 (ongoing)
IIT Bombay MBA Courses 2024
The Indian Institute of Bombay offers courses for masters of Business Administration (MBA). Check the list below.
- Finance
- Accounting
- Human Resource Management
- Operations
IIT Bombay MBA Seats 2024
IIT Bombay has 152 seats for the MBA courses. Check the category-wise MBA seeds for 2024-26.
| Category | IIT Bombay MBA seats 2024-26 |
| General | 62 |
| EWS | 15 |
| OBC | 41 |
| SC | 23 |
| ST | 11 |
| PD | 8* |
| Total | 152 |
FAQ on IIT Bombay MBA Admission 2024
What is the MBA program offered by IIT Bombay?
IIT Bombay offers a Master of Management (M.Mgmt) program, which is a two-year full-time residential course.
What are the eligibility criteria for the MBA program at IIT Bombay?
Candidates need a Bachelor’s degree or equivalent with a minimum of 60% marks (55% for SC/ST/PwD candidates) and a valid CAT score
How is the selection process conducted for MBA admission at IIT Bombay?
The selection process typically includes shortlisting based on CAT scores, followed by Shortlisting and Personal Interview (PI) rounds.
When does the application process for MBA admission start at IIT Bombay?
The application process has been started from 2 January 2024 for MBA admission to IIT Bombay.
Is work experience mandatory for MBA admission at IIT Bombay?
Work experience is not mandatory but may add value to the candidate’s profile during the selection process.
How many seats are available for the MBA program at IIT Bombay?
Shailesh J. Mehta School of Management (SJMSOM) IIT Bombay has announce that a total of 152 seats available for IIT Bombay.
What is the last date of for the MBA admission to IIT Bombay?
The last date to apply to IIT Bombay for admission to MBA is 31 January 2024 through the official website.
How to apply for IIT Bombay for MBA Admission?
Firstly To apply for IIT Bombay MBA admission candidate needs to apply through official website at www.som.iitb.ac.in.