BITSOM Mumbai Admission 2024: A globally benchmarked Business School Offers 2 year MBA designed by top academic experts with industry Leaders; 1st Batch Registers Average Salary of Rs.23.50 LPA; Check Unique Admission Process, Fees, High Placements

BITS School of Management (BITSoM) Mumbai, a globally benchmarked B-school with unique selection process, is open with its application process for MBA Admission 2024. The first MBA 2021-23 batch at BITSoM has registered high placement packages with average salary of Rs.23.50 LPA and highest salary of Rs.44.98 LPA. BITSoM, instead of considering the entrance exam cut offs, focuses more on diversity, profile, communication skill, quality of internship among other parameters. Much like the ISB model, BITSoM has roped in top global faculty from Wharton, Kellogg, NYU Stern School and SMU. Dr Ranjan Banerjee, former Dean of SPJIMR Mumbai, is the Dean of BITSoM. For admission to its earlier MBA batches, thousands of candidates from leading educational institutions like IITs, NITs, BITS, SRCC, HR College, NMIMS, St. Xaviers had applied as BITSoM is mindful of the quality and diversity of applicants.

Sharing the key USPs in admission process for the third batch, Dr Ranjan Banerjee, Dean, BITSoM said, “Our admission process encourages diversity and tries to explore student’s overall profile. We also have a well-designed scholarship programme for deserving candidates.”

List of Top MBA Colleges with Admission 2024 Last Dates Closing Soon

Read this article to know the BITSoM Highlights & USPs, MBA Fees, Placements, cut offs, Eligibility criteria, how to apply for BITSoM admission 2024 among other details

Table of Contents

1. BITSoM Mumbai Time Lines
2. BITSoM Mumbai: Key Highlights & USPs
3. BITSoM Leadership
4. BITSoM MBA Program & Specializations
5. BITSoM Faculty
6. BITSoM Pedagogy
7. BITSoM Fees & Scholarships
8. BITSoM Placements
9. BITSoM Batch Profile
10. BITSoM MBA Admission Process

1. BITSoM Mumbai Time Lines

• January 28, 2021- BITSoM Launch Announced: Mr. Kumar Mangalam Birla, Chancellor of BITS Pilani makes the announcement of a new age business school in Mumbai – BITS School of Management (BITSoM).
• July 2021- BITSoM launched: The founding 1^st MBA batch at BITSoM began in July 2021 with 138 students from many top institutes like IITs, NITs and more. 
• December 2021- BITSoM achieves 100% Summer Internship: Summer placements for the founding class with an average stipend of INR 1.61 lacs for 2 months was completed. Companies like Bain & Co, Kearney, Deloitte, PwC, EY, HUL, Aditya Birla Group, Cisco among others participated in Placement process
• July 2022-Second Batch Commenced: Classes for Second batch commenced with 132 students  at BITSoM
• November 2022-Summer Placement for 2022-24 Batch: Class of 2024 does extremely well in the summer internship placements. A report will soon be released by BITSoM
• January 28, 2024-Application for 4th Batch to Close: The application is open and BITSoM will close the last Date to Apply for 4th MBA batch 2024-26
• June 2024-Fourth Batch Commencement: The time line to commence the 4th Batch is announced

2. BITSoM Mumbai: Key Highlights & USPs
Here are key highlights and USPs of BITSoM Mumbai

• 2.1 Promoted by Top Ranked University - BITS Pilani: BITSoM is promoted by well known industrialist and Chairman of Aditya Birla Group Mr Kumar Mangalam Birla who is the Chancellor of BITS Pilani and Chairman of Governing Council of BITSoM. It offers 2 years full time residential MBA. Mr Birla has also announced that BITS Pilani is investing Rs 1500 crores in making of BITSoM in next 3-4 years.
• 2.2 Top Intellectual Capital & Faculty Resources: Dr Ranjan Banerjee, former Dean of SPJIMR Mumbai, is the Dean for BITSoM. He was instrumental in positioning SPJIMR as one of Top B-schools in India. BITSoM offers a futuristic curriculum with a stellar faculty, handpicked from the top business schools globally. This includes globally renowned professors from top B-Schools such as Wharton School of the University of Pennsylvania, Kellogg School of Management, NYU Stern School of Business and Singapore Management University, in addition to leading industry practitioners.
• 2.3. Multidisciplinary curriculum: The multidisciplinary curriculum of BITSoM MBA program addresses the needs of an evolving business landscape and offer students an immersive, engaging, and holistic experience. In addition to core courses, all students take a module on ‘Winning at the Workplace’, designed to develop cognitive and behavioral capabilities as well as provide students with global and contextual perspectives with courses such as Ethics in Business, the Origin of Management in India, and Indian Philosophy and Leadership. The curriculum is designed from ground up with inputs from the industry, veterans on BITSoM governing council and academicians. It’s a blend of courses from management, data analytics, emerging technologies, liberal arts and humanities
• 2.4 Unique Pedagogic Approach with International Immersion: The block teaching pedagogy at BITSoM enables focusing on two courses at a time, which helps to internalise learnings. At BITSoM, students get to practice classroom learnings in two corporate and one social LIVE projects. In the second year, students have an option to opt for a two-week immersion at London Business School (LBS). The objective is to experience global perspective on leadership, technology, economics and sustainability. Read Details Below
•  2.5 Small Batch Size: Right from the inception, BITSoM ensured that its students did not miss the joy of having offline interactions with peers and work on projects in small groups at the hostel facility in Mumbai, while attending faculty sessions online. Many other institutes at that time were conducting online classes
• 2.6. Strong Corporate Engagement & Placements: BITSoM audited placement data for the first MBA batch 2021-23 batch reflects high placement packages offered to the students by the recruiters. BITSoM Placements 2023 for the first 2021-23 MBA batch registered highest salary of Rs.44.98 LPA and Average salary of Rs. 23.50 LPA while the Median salary was Rs.23 LPA. In the placement season for its founding class, some of the top recruiters that participated in Placement 2023 and made offers included, Bain & Co, Arthur D Little, Deloitte, Kearney, PwC, EY, HUL, Accenture, L&T Infotech, J P Morgan Chase, Nomura, ICICI Bank, Kotak Mahindra Bank, Aditya Birla Group, Bosch among others.
• 2.7 BITSoM Batch Profile-Focus on Diversity: BITSoM focuses on Batch diversity and has more than 35% female students in the batch, more than 30% non engineers and more than 75% students with work experience.
• 2.8 Unique Admission Selection Process: BITSoM admission process is quite different from IIMs. The process is aimed at admitting students from diverse academic and cultural backgrounds with leadership potential and strong written and verbal communication skills. Hence, there are no minimum cut offs for CAT/GMAT/ GRE scores.

3. BITSoM Leadership
BITSoM Mumbai has a stellar Governing Council which is helping the school be better integrated with industry. The Governing Council members include:

• Kumar Mangalam Birla: Chairman, Governing Council, BITSoM; Chancellor, BITS Pilani and Chairman of the Aditya Birla Group. He is an MBA from London Business School and a Chartered Accountant (CA). 
• Shobhana Bhartia: Chairperson, Hindustan Times Group Pro Chancellor, BITS Pilani University of Calcutta.
• Souvik Bhattacharyya: Vice Chancellor, BITS Pilani; PhD, Texas A&M University; MS, University of Cincinnati; BME, Jadavpur University.
• Ranjan Banerjee: Dean BITSoM; Ph D, University of Minnesota; MBA, IIM Calcutta; B Tech, IIT Bombay.
• Bharat Puri: Managing Director, Pidilite Industries Ltd; MBA, IIM Ahmedabad

4. BITSoM MBA Programs & Specializations
BITSoM Mumbai offers 2-Year fully residential MBA degree programme which is globally bench marked. It’s a blend of courses from management, data analytics, emerging technologies, liberal arts and humanities.

BITSoM Offers 5 Specializations
BITSoM offers an option of five specializations to choose from. A student can choose upto two specializations in his/her final year.

• Leadership and Strategy
• Marketing and Consumer Insights
• E-Commerce and Digital Leadership
• Entrepreneurship and Innovation
• Finance and Investing

5. BITSoM Faculty
BITSoM faculty include some of the brightest minds from leading business schools across the world who are acclaimed experts in their fields. Eminent faculty members at BITSoM include:

• Dr Ranjan Banerjee, Dean, BITSoM: (PhD, University of Minnesota MBA, IIM Calcutta BTech, IIT Bombay)
• Dr Leena Chatterjee Professor of Organizational Behaviour, BITSoM: PhD IIT Kanpur, M.A. Delhi University, B.A. Lady Shriram College, Delhi, Delhi
• Dr Dhananjay (Dan) Gode: Professor of Finance NYU Stern School of Business (MS & PhD, Carnegie-Mellon MBA, IIM Calcutta BE, IIT Varanasi)
• Dr Soumitra Dutta: Professor of Management Cornell University (MS & PhD, UC Berkeley BTech, IIT Delhi)
• Dr Mark Finn: Clinical Professor of Accounting Kellogg School of Management (PhD & MBA, Cornell University BA, Stanford University)
• Dr Gerard George: Dean and Chair Professor of Innovation and Entrepreneurship SMU, Singapore (PhD), Virginia Commonwealth University MMS & MSc (Integrated), BITS Pilani)
• Dr Ziv Katalan: Adjunct Professor of Operations Wharton Business School (PhD, Columbia University BS, Tel-Aviv University)
• Dr Nirmalya Kumar: Professor of Marketing Singapore Management University (PhD, Marketing, Kellogg School of Management; MBA, University of Illinois, Chicago; BCom, Calcutta University)
• Dr Piyush Kumar: Associate Professor, Marketing Terry College of Business University of Georgia, USA (MBA, IIM Ahmedabad; BTech, IIT Kanpur; PhD, Purdue University)
• Dr Cait Lamberton: Professor of Marketing, Wharton Business School (MBA & PhD, University of South Carolina; BA English, Wheaton College, Illinois)
• Dr Luis Martins: Professor of Management University of Texas Austin; MPhil & PhD, NYU Stern School of Business; BS & MS, Barkatullah University
• Dr Raja Gopal Raghunathan: Professor of Business, University of Texas Austin (PhD, NYU Stern School of Business; MBA, IIM Calcutta; BE, BITS Pilani)
• Dr Milind Shrikhande: Professor of Finance, Georgia State University (MA & PhD, Wharton Business School; MBA, IIM Calcutta; BTech, IIT Bombay)

6. BITSoM Unique Pedagogy
BITSoM has designed the curriculum with inputs from the industry, veterans on its governing council and academicians. BITSoM has a unique pedagogic approach with focus on all round grooming of the students:

• Block Teaching Pedagogy: The block teaching pedagogy at BITSoM enables focusing on two courses at a time, which helps to internalise learnings. At BITSoM, student gets to practice classroom learnings in two corporate and one social LIVE projects. 
• Mentorship Programme: The Mentorship Programme at BITSoM gives students opportunity to engage with and learn from experienced and accomplished leaders from Industry. This is a year-long association in which each student is assigned a mentor based on functional areas / domains and entails frequent interactions in which the mentor guides the mentee in establishing short-term and long-term, personal as well as professional goals. 
• PDP: The Personal Development Program (PDP) led by Prof. Leena Chatterjee helps the students to ask the right questions - Who am I? Where do I want to go? What do I want to achieve? It’s a journey of self-awareness wherein you co-create a personal development plan with one-on-one sessions and alignment of career goals with your strengths, skills and personality. The outcome of this helps the student to be a lifelong learner. 
• International Immersion at LBS: In the second year, students have an option to opt for a two-week immersion London Business School (LBS). The objective is to experience global perspective on leadership, technology, economics and sustainability along with some fun in London.
• Live Project with Entrepreneur: One of the key pedagogic highlights of BITSoM is a LIVE consulting project with an entrepreneur during the LBS immersion which gives the students opportunity to engage with the industry and practice classroom learning. 

7. BITSoM MBA Fees & Scholarships
BITSoM Fees for 2 year MBA 2023-25 batch and details of Rs.4 Crore scholarship are as below:

BITSoM MBA Fees 2023-25 Batch
BITSoM MBA Fee for the 2-year program for the present 2023-25 batch, is Rs.25,72,500. The fee is payable in two parts. The breakup is as under:

• Year 1 Fees: Rs 13,81,250 
• Year 2 Fees: Rs.12,11,250 

 For students who opt for the two-week immersion at London Business School in the 2^nd year, can expect an additional cost of approximate Rs. 5,00,000 (LBS tuition fees, travel and food) 

BITSoM Scholarships
BITSoM also offers scholarships worth Rs. 4 Cr to deserving candidates. For candidates who want to avail scholarships, BITSoM offers three types of scholarships and announces scholarship decisions at the end of admission cycle

• Merit Scholarship: Offered to students on the top of the merit list at the end of admission cycle 
• Merit cum Need Scholarship: Offered to meritorious students with a family income of less than Rs.18 lacs per annum 
• Women Scholarship: Offered to women on top of the merit list at the end of admission cycle 

8. BITSoM Mumbai Placements
BITSoM Final Placements 2023 registered high salary packages. Key placement highlights are:

BITSoM Final Placements 2023: Key Highlights

• Highest Salary: Rs.44.98 LPA
• Average Salary: Rs.23.50
• Median Salary: Rs.23.00
• Average Salary for Women students: Rs.23.71 LPA
• Number of Recruiters: 56
• Top 10 % Average Salary: Rs.35.91 LPA
• Top 50 % Average Salary: Rs. 28.10 LPA
• 95 students with Salary of Rs. 20 LPA and above (69% of the class)
• Total Batch Size: 138
• Students Opted out of Placement process: 3
• Students Accepting Internship: 1
• Placement offers made to students: 132
• Top Recruiters: Bain & Co, Arthur D Little, Deloitte,
• Kearney, PwC, EY, HUL, Accenture, L&T Infotech, J P Morgan Chase, Nomura, ICICI Bank, Kotak Mahindra Bank, Aditya Birla Group, Bosch

8.1 BITSoM Summer Placements for Class 2022-24
BITSoM summer placements for MBA 2022-24 batch have scaled new heights. In summer placements for 2022-24 batch, BITSoM Mumbai saw an increase in median stipend from INR 1.50 lakhs to INR 2 lakhs, with students getting internship opportunities from leading companies across various industries. Over the last two summer internship placements cycles, more than 60 companies have participated. 46 organisations have participated in the summer internship process for the class of 131 students. The school is working on placing a few students for niche roles. Students will join their respective organisations for internships from April to May 2022. Key Placement highlights are:

BITSoM Placements (Summer) MBA 2022-24 Batch

• Average Salary goes up at Rs.2.02 lakhs for 2 months from Rs.1.61 lakhs last year
• Median Salary goes up by 33% at Rs.2 lakhs from Rs.1.50 lakhs
• Batch Size 131 Students
• Average Salary for Top 30% increased by 19% at Rs.3.12 from Rs 2.62 lakhs last year
• Average Salary for Top 50% increased by 18% at Rs.2.70 lakhs from Rs 2.29 lakhs last year
• Highest Stipend goes up at Rs 4.75 lakhs from Rs 3.2 lakhs last year
• 46 Companies participated in Summer Placements for the class 2024

8.1.1 Top Recruiters Summer Placements MBA 2022-24 Batch
BITSoM Summer Placement for MBA 2022-24 batch attracted prominent consulting companies like Bain & Co., BCG, Kearney, EY, Arthur D Little, and PwC. Many companies from the BFSI sector including ICICI Bank, Yes Bank, Cervin, Merisis Advisors, Steer Advisors, Eight Capital, Avista Advisory, ICICI Pru AMC and Sicomoro Advisors made offers. Other prominent organisations that made offers include Unilever, Pidilite, Bajaj Consumers, Nestle, Signify, Vodafone Idea, Redbull, Aditya Birla Group, More Retail, Optum Global, Media.net, TTEC, Big Basket among others. The B-school also attracted new-age companies like Fan Play IOT and Tiger Analytics this year.

8.2 BITSoM Placements (Summer) MBA 2021-23 Batch
BITSoM had completed 100% summer placements with 50 top recruiters visiting the campus

• BITSoM’s founding class has achieved 100% summer internship placements
• Average Salary is Rs. 1.61 lakhs for 2 months
• Batch Size: 138
• Students participated in Placement: 132
• Opt Outs: 6
• Total Recruiters: 50
• Total Offers Made: 141
• Top Recruiters: Bain & Co, Kearney, Arthur D Little, Deloitte, PwC, EY, Korn Ferry (Hay Group), Hindustan Unilever, Tata Consumer, Beiersdorf (Nivea), Pidilite, The Hershey Company, Aditya Birla Group, Cisco, Tata Capital, ICICI Bank, Axis Bank, Cervin Ventures (a Silicon Valley-based VC fund), ICICI Prudential AMC among others

9. BITSoM MBA Batch Profile
With a focus on imparting good learning experience to its each student, BITSoM Mumbai has kept its batch size small despite increasing the number of seats to 150. While the first MBA 2021-23 batch had 138 students, the second MBA 2022-24 batch comprises of 132 students from diverse academic backgrounds. Key details are shared below:

Academic Diversity at BITSoM

• 68% of the Students are Engineers
• 32% Students are Non-Engineers 

BITSoM Gender diversity

• 64% Students are Male
• 36% Students are Female 

Batch Work Experience

• 77% Students are with Work Experience
• 23% of the Students are freshers
• Average Work Experience of the Batch is 24 months. 

Median Entrance Test Score

• CAT: 93 Percentile
• GMAT: 700
• GRE: 321 

10. BITSoM MBA Admission Process 2024
BITSoM Mumbai MBA 2024-26 batch is likely to have 150 seats. The key points like exams accepted, application process, step by step admission process 2024 are detailed below:

Exams Accepted
BITSoM will accept exam scores for following years:

• CAT 2023 exam score
• GMAT/GRE exam score from 2018 onwards as they are valid for 5 years.
• You need to ensure that your GMAT/GRE score are valid at the time of taking the BITSoM MBA admission 2024

How to Apply for BITSoM Admission 2024
BITS School of Management MBA Admissions 2024 application process is open. You can apply in following steps

• Fill & Submit application online at BITSOM MBA Admissions website
• Application can be submitted without any MBA entrance exam scores
• You should submit your preferred test score within the stipulated deadline as prescribed by BITSoM
• The application fee of Rs.1500/- is non refundable​

Fill your basic details in the BITSoM Registration form to Proceed with Application Process

Complete all Parts of Application Form
The application form requires your complete information like Personal & Education details, Work Experience, Entrance exam details and after completing all the parts, you should make payment of the application fees online

Step by Step BITSoM Admission Process
BITSoM Admission Process has following key stages

• Step-1: Apply for BITSoM Admission 2024
• Step-2: Appear in Eligible Entrance Exam
• Step-3: Check Shortlist which is based on your entrance exam score, Academic profile, Work Experience, Internships (If any), Achievements, Essays and Letter of Recommendation
• Step-4: Participate in Personal Interview Round
• Step-5: Check Final Admission Offer and Pay Fees

BITS School of Management MBA Admission 2024: Important Dates
BITSoM Admission process details for Round-1 and Round-2 are given below. While the Round-1 Application last date is closed, the Round-2 application is open. Important dates for BITSOM MBA Admissions 2024 are:

This completes our article on BITSoM Mumbai. After reading this article, you will perhaps agree that BITSoM is a promising B-school that has the potential to compete with Top B-schools in India. So, if you are looking for MBA Admissions 2024, apply to BITSoM admission process 2024. Last date to apply for BITSoM MBA 2024 is January 28, 2024. The application process is simple.

Stay tuned to MBAUniverse.com for more updates on BITS School of Management, Mumbai 

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