SJMSOM-IIT Bombay MBA Admission 2021: Final Result on May 1 with 40%Weight for CAT Score, Drops WAT; High RoI B-School with Rs.21 LPA Placement at Moderate Fee

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MBAUniverse.com News Desk |
April 19, 2021
SJMSOM – IIT Bombay has announced to release MBA admission 2021 result on May 1, with many changes like 40% weightage to CAT score, higher weightage to women candidates among others. SJMSOM is one of the high RoI B-schools with a moderate fee of Rs. 10 lakhs and average placement at Rs.20.98 LPA. SJMSOM-IIT Bombay Shortlisting was based on CAT 2020 score
IIT Bombay MBA Admission 2021

MBA admission 2021 result, at high RoI B-school at IIT Bombay, Shailesh J.Mehta School of Management (SJMSOM), will be released on May 1, 2021 with many key changes like lower weightage for CAT exam score, higher weightage for gender diversity among others as detailed below.

Graduates in any discipline who had appeared and scored well in CAT 2020 could apply for MBA admission at SJMSOM IIT Bombay till January 31, 2021.

Notifying a different eligibility condition for the MBA aspirants, SJMSOM-IIT Bombay required minimum 4 years bachelor’s degree or a Master’s degree in any discipline as against IIMs and other top MBA colleges who require only 3 years bachelor’s degree. 

The MBA admission eligibility criteria at SJMSOM-IIT Bombay is that the candidates from any discipline were eligible to apply while many other IITs require only engineering graduates to apply for MBA admission. 

The two-year MBA at SJMSOM-IIT Bombay is a full-time residential course for graduates from all disciplines wishing to choose a career in management. This Programme is one of the highly ranked   MBA programmes in India 

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  10 Key Changes in SJMSOM MBA Admission Criteria 2021
Below are the 10 key changes announced by SJMSOM-IIT Bombay in its MBA admission criteria 2021:

Changes in Shortlisting Criteria

  1. Weightage to CAT score in Shortlisting reduced to 70% from 80% last year
  2. Weightage to Gender Diversity increased to 10% from 3% last year
  3. Weightage to Post Graduation/Professional qualification increased to 5% from 2% last year
    Changes in Final Selection Criteria
  4. Weightage to CAT Scaled Score increased to 40% from 37.5% last year
  5. Weightage to performance in Personal Interaction (PI) increased to 40% from 37.5% last year
  6. No WAT in final selection round
  7. Weightage to Extra Curricular Activities reduced to 3% from 5% last year
  8. Weightage of 5% added for Gender Diversity from 0% last year
  9. Weightage for Graduation Marks increased to 6% from 5% last year
  10. Weightage for Work Experience increased to 6% from 5% last year

SJMSOM-IIT Bombay: Highlights & USPs

  • Top Ranked: SJMSOM IIT Bombay is ranked #11 among the top 100 B-schools in India, in the GoI MHRD NIRF Ranking 2020. IIT Bombay ranks #1 in the QS India Rankings 2019. It has been conferred the status of Institute of Eminence by the Government of India.
  • Moderate Fee: SJMSOM IIT Bombay Two Year MBA programme fee is Rs.10.08 lakhs which is much lower than all the top IIMs and other top PGDM colleges
  • High Placements: SJMSOM Placements are compatible with top B-schools in India including IIMs, SPJIMR, MDI, FMS among others. Highest Salary in Placement 2020 was Rs. 32.80 LPA while the Average Salary was Rs.20.98 LPA and the Median Salary stood at Rs.21 LPA
  • Top Recruiters: Top Recruiters at SJMSOM IIT Bombay in Placement 2020 included Accenture, Barclays, Deloitte, Colgate-Palmolive, HP, JPMC, Goldman Sachs, Google, ICICI, Maruti Suzuki, Siemens, IBM, PwC, Proctor & Gamble among others
  • Corporate Supported B-School: SJMSOM is supported by contributions from Hindustan Lever Ltd. (now Hindustan Unilever Ltd.), Larsen & Toubro Ltd., ICICI Bank, Hindi Vidya Bhavan and Dr. Shailesh J. Mehta, a distinguished alumnus of IIT Bombay.
  • MBA Programmes with International Collaboration: SJMSOM academic programs include MBA, and Executive MBA (jointly with Olin Business School of Washington University at St Louis, USA). It also offers doctoral programme in management-PhD.
  • Industry Relevant Curriculum: SJMSOM provides a well-designed , industry relevant curriculum and training to the students in technology and multidisciplinary environment, preparing them to meet the contemporary challenges in their professional life ahead.
  • Committed Faculty: SJMSOM has committed faculty members who have worked hard for their achievements in teaching, research, training, and consultancy. They have earned best teacher awards, prestigious research awards, fellowships, and visiting professorships at leading international universities.
  • Global Perspective: SJMSOM believes that a global perspective of international businesses is imperative to the success of budding managers and future leaders. It  promotes semester long student exchanges, study tour exchanges, participation in international conferences and competitions.
  • SINE & E-Cell at SJMSOM: The Society for Innovation and Entrepreneurship (SINE) and Entrepreneurship Cell (E-Cell) at SJMSOM provide opportunity to all stakeholders at IIT Bombay to learn from the experiences of budding ventures. SJMSOM faculty members and alumni co-founded start-ups incubated at SINE. SJMSOM which is one of the five select founding member institutes of the National Entrepreneurship Network (NEN).  

SJMSOM IIT Bombay MBA Admission 2021: Important Dates

Admission Process
Key Dates
Online Submission of Application Form Starts
January 6, 2021 (After declaration of CAT 2020 Result on Jan 2)
Last Date of Online Application Form Submission
31st January 2021 (Sunday)
Shortlist of Candidates and Slot Selection
February 17, 2021 onwards
Personal Interview (PI) Round
March 3 to 7, 2021
Declaration of Admission Results 2021
May 1 2021  

 Source: SJMSoM IIT Bombay Announcement (Dates may change)

SJMSOM- IIT Bombay Leadership
Led by Prof. Subhasis Chaudhuri, Director, IIT Bombay and Prof S. Narayan Rao, Head, SJMSOM, the B-school is committed to provide leadership in the area of management education with an emphasis on developing all round managerial skills. Prof Rao, HoD, SJMSOM is Professor of Finance. He has been a core faculty member at UTI Institute of Capital Markets (now Indian Institute of Capital Markets), Navi Mumbai, The Institute of Chartered Financial Analyst of India (ICFAI), Hyderabad; PSG Institute of Management, Coimbatore; Institute of Technology and Management, Mumbai and has also been the coordinator of ICFAI Business School, Hyderabad 

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MBA Specializations offered at SJMSOM
Following are the specialization areas offered in MBA programme at SJMSOM-IIT Bombay:

Operations and Technology Management; Quantitative Techniques; Accounting and Finance; Marketing;General Management; Human Resources and Organisational Behaviour; International Business; Economics and Strategy; Information Technology

SJMSOM-IIT BombayFees

  • The total programme fees payable by MBA students atSJMSOM-IIT Bombay is Rs.10,08,300/-  (Under Revision)
  • Laptop computer, personal expenses on boarding, travel, clothes and laundry are extra.
  • The total programme fees for the 2021-2023 batch may increase further

SJMSOM-IIT Bombay Intake: 152 Students
SJMSOM-IIT Bombay offers MBA admission to 152 students including the reserved category candidates. No change in the number of MBA seats in SJMSOM-IIT Bombay has been announced for MBA 2021-23 batch.

SJMSOM Placements

SJMSOM-IIT Bombay MBA programme has consistently recorded high placements year after year. In placement 2020, the B-school has recorded an average salary of Rs.20.98 LPA for the MBA 2018-20 batch.

Key Placement Highlights 2020

  • Highest Salary in Placement 2020 goes up to Rs.32.80 LPA from Rs.32.40LPA last year
  • Average Salary in Placement 2020 goes up at Rs.20.98 LPA from Rs.20.80 LPA last year
  • Median salary in Placement 2020 was Rs.21 LPA
  • Batch size: 111 Students with average work experience of 27 months
  • Total Recruiters increased to 56 in placement 2020 from 41 last year
  • New Recruiters increased to 20 in Placement 2020 from 8 last year
  • Total PPOs/PPIs: 49
  • Top Recruiters: Accenture, Barclays, Deloitte, Colgate-Palmolive, HP, JPMC, Goldman Sachs, Google, ICICI, Maruti Suzuki, Siemens, IBM, PwC, Proctor & Gamble among others

SJMSOM-IIT Bombay Admission Criteria
SJMSOM-IIT Bombay Admission Criteria 2021 is a two step process involving the preliminary screening and shortlisting criteria with  70% weightage for CAT exam score and the Final admission selection Criteria with only 40% weightage to CAT exam score.

SJMSOM-IIT Bombay Admission Cut Off  
SJMSOM-IIT Bombay Cutoff  2021 has been liberalised for MBA admission 2021. Only the candidates above the minimum cut-offs in the CAT 2020 sectional percentile ranks, the overall percentile rank and obtaining a positive (greater than zero) raw score in all sections of CAT-2020 has been considered for all the subsequent stages.

Category
Minimum Overall Cut off
Section-1: VARC
Section-2: DILR
Section-3: Quant
General / EWS
90
80
80
80
NC-OBC
81
72
72
72
SC
60
53.3
53.3
53.3
ST
60
53.3
53.3
53.3
PWD
60
53.3
53.3
53.3

SJMSOM-IIT Bombay Shortlisting Criteria
The first part of SJMSOM-IIT Bombay Admission criteria was the shortlisting criteria before final selection round. SJMSOM-IIT Bombay shortlisted the candidates on the basis of CAT 2020 score, past academic performance, and other criteria as under:

Weightage to CAT 2020 score in the 1st stage of shortlisting in SJMSOM-IIT Bombay Admission  2021 was reduced to 70% from 80% last year while the weightage to other components was increased as under:

Components
Weightage out of 100 points
Remarks
CAT 2020 overall score
70
70% weightage to the candidate’s Overall scaled score to be calculated as: CAT score = (Candidate’s CAT scaled score/228) *70
Class XII Marks
 5
At Marks Percentage of 55+ for Arts/Humanities; 60+ in Commerce; 65+ in Science
Graduation marks
 5
At percentage of 85+ for Engg; 70+ for CA/ICWA; 75+ for Medicine/Arts
Post Graduation/Professionals
 5
M.Tech/ME,MD,MS, MA, M.Sc. , MCA, M.Pharma, M.Plan, M.Arch, M.Des, M.Stat, M.Com and in Other Commerce/ Economics Post Graduate courses.Professionals such as CA and ICWA
Gender Diversity factor
10
 For Women candidates only
Work Experience
 5
24 months to less than 48 months
Total
100
 

If the candidate could not score minimum prescribed percentile in CAT 2020, he/she was considered for shortlisting for final selection stage. All the shortlisted candidates were invited to appear for Personal Interview (PI) between 3rd  and 7th March, 2021. Shortlisted candidates were required to book the slots for PI as soon as the shortlist was released.

2. Final Admission Round: Selection Criteria

  • All the shortlisted candidates were required to participate in Final selection round online for admission to  SJMSOM-IIT Bombay
  • Final selection round consisted of Personal Interview (PI) round
  • Candidate’s profile was given due weightage in final selection round
  • Final Merit list of selected candidates for MBA 2021-23 programme is based on Candidate’s composite score which includes CAT 2020 score, PI score and Candidate’s Profile
  • SJMSOM-IIT Bombay selection criteria after final admission round award following weightage in generating final merit list:
Component
Weightage Points out of 100
CAT 2020 Score
40
Personal Interaction (PI)
40
Candidate’s Profile
15
Gender Diversity
  5
Candidate’s Profile  (Break-up as follows)
15
Graduation Score
 (6)
Work Experience
 (6)
Extra-Curricular Activities
 (3)
Total Weightage
100

SJMSOM-IIT Bombay Admission Process
Following steps are included in the SJMSOM-IIT Bombay Admission process:

  • Step 1: The candidate must have applied, appeared and scored the minimum required sectional and overall percentile in CAT 2020 to be considered for first stage screening process for admission at SJMSOM-IIT Bombay
  • Step 2: Candidate must have applied for MBA Admission 2021 at SJMSOM-IIT Bombay latest by January 31, 2021
  • Step 3: Candidates were short-listed for Personal Interview (PI) from among the candidates who have a valid CAT-2020 score, who have applied for admission to SJMSOM-IIT Bombayand who satisfy the eligibility criteria for the programme of SJMSOM-IIT Bombay 
  • Step 4: The PI was held from March 3 to 7, 2021 for domestic candidates. For International candidates the PI was held thereafter. After the PI round, admission offers are made by SJMSOM-IIT Bombay to successful candidates. The final selection is based on a diverse set of attributes which includes performance in CAT, performance in PI, academics, extra-curricular achievements, work experience among others
  • Step 5: Final Admission Offer will be made to the candidates in the first week of May 2021 on the basis of Final Score arrived after awarding the weightage scores on all the components.

SJMSoM MBA Application Process 2021
After the CAT 2020 results were declared on January 2, 2021, SJMSOM-IIT Bombay  opened the application process for admission.  

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How to Apply at SJMSOM-IIT Bombay?
The applicants were required to complete the online application form which was available from January 6, 2021 on the website of the B-school. The last date for filling the form was January 31, 2021.

iit bombay

SJMSOM MBA 2021 Application Fee
Apart from appearing in CAT 2020 and scoring a minimum percentile in the exam, all the applicants had to apply for admission to MBA at SJMSOM-IIT Bombay separately by paying an application fee of Rs.1600/- (Rs 800/- for reserved category candidates)

Key Points in SJMSOM-IIT Bombay Application Process

  1. The candidates should fill all the mandatory details in one go, otherwise the data will be lost as the session expires in 50 minutes.
  2. The candidates should be fully prepared with all the relevant information/data before starting to fill the Online Application form.
  3. The data can be edited any time before the final submission of the form
  4. You may download the online application format from the IIT Bombay website for your reference. Compile all the relevant data required to fill it up, and then proceed to fill up and submit it your online application.
  5. Use the latest versions of Chrome or Firefox to fill up the application form.
  6. An application fee of Rs.1600/- is to be paid online

Documents for Upload: Check Format & Size
The applicants have to scan and upload the following documents (as per size and dimensions specified) along with the application form:

Document
Format and Size
Passport size photograph
jpg/jpeg/png Only with size <=40KB 
Signature
jpg/jpeg/png Only with size <=10KB 
Graduation Certificate / Copy of latest semester marksheet (for students appearing for the final semester or yet to receive Graduation Certificate) 
( PDF Only with size <=500KB 
CASTE certificate (If applicable)
PDF Only with size <=500KB 
Physically disabled certificate for applicants with disability
PDF Only with size <=500KB 
CAT 2020 scorecard 
PDF Only with size <=500KB 

SJMSOM-IIT Bombay Admission Eligibility

1) A Bachelor’s degree of 4 years duration, 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) 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) 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.

3) Applicants appearing for 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.

4) CA/ICWA, with a first-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.

5) The candidate should have appeared in CAT 2020 exam and must score minimum prescribed sectional and overall score to become eligible for admission

Due to differentiated research being conducted by many faculty members of SJMSOM, students get opportunities to learn new concepts in unique courses.   Warehouse Operations, International Competitiveness, Policy Responses to Climate Change are just examples of many unique courses you can get at SJMSOM

Shailesh J. Mehta School of Management is an essential component of the Indian Institute of Technology Bombay which was established in 1958 for providing leadership in education and research with a focus on science and technology. In 1995, IIT Bombay visualized to have a Management School for nurturing innovation and excellence in all fields of management and established SJMSOM at its campus with a mission to have the natural advantage of integration of Engineering and Social Sciences, along with interdisciplinary field of studies to provide management education, research and training.

SJMSOM, an academic unit of IITB, has its distinct place as a national and global business management school. Apart from MBA, SJMSOM offers post-graduate Master of Management (MOM) and Ph. D. programmes and has recently launched an Executive MBA, jointly with the Washington University at St. Louise, USA. SJMSOM provides a well- designed curriculum and training to the students preparing them to meet the contemporary challenges in their professional life ahead.

Students at SJMSOM get opportunity to interact with faculty associated in all domains such as IT, Bio-informatics, Industrial Design, Rural Development, Climate and Sustainable Growth and Transportation Planning to appreciate technology and apply in management.

SJMSOM is one of the five select founding member institutes of the National Entrepreneurship Network (NEN). The School has a continuous process of interaction with industry leaders through Seminars, Lectures and other students’ festivals/events/ continuum / activities (clubs) related to all functions of Management. SJMSOM alumni serve at the different leadership positions in the various private, public, multinational, government and non-profit organizations.

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Stay tuned to MBAUniverse.com for more updates on SJMSOM-IIT Bombay

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