MBA from IITs: Application Closed for Admission 2023 at IIT Bombay, Delhi, Madras; Kanpur Last date-Feb 10; Offer High RoI MBA at Moderate Fee

Departments of Management at IITs offer high RoI MBA with moderate fee and high placements and as such are the preferred MBA destinations. MBA at many IITs is ranked higher than many top IIMs in NIRF Rankings 2022. Among the top 20 MBA colleges, there are 6 IITs in Govt of India NIRF Ranking 2022-Management.

MBA admission 2023 in IITs is based on CAT 2022 exam score. The application process for IIT MBA admission 2023 has closed in IIT Bombay, IIT Delhi, IIT Madras while IIT Kanpur is open till Feb 10. IITs have made changes in the CAT cut off to shortlist the candidates for final selection round. IIT MBA admission application process is online and should be submitted at respective IIT website. CAT score is the mandatory component in the IIT MBA shortlisting criteria. 

MBA aspirants prefer MBA from IITs due to the fact that the fee structure at IITs is about half as compared to top IIMs while the placements are at par with top IIMs. Although there are 20+ IITs but only eight of them offer MBA. Read this article below to check which are the top IITs offering MBA, their ranking positions awarded by GoI MHRD NIRF Rankings 2022, key USPs for MBA from IITs, their eligibility, fee, placement, admission process 

Table of Contents

1. MBA from IITs: Top Ranked IITs offering MBA programmes
2. MBA from IITs: Highlights & Benefits of pursuing MBA from IITs
3. IITs MBA Fee, Programmes offered
4. IITs MBA Intake
5. IITs MBA Placements
6. MBA from IIT Admission Criteria 2023
7. CAT Cut off for IIT MBA Admission 2023
8. MBA from IITs Admission 2023: Important Dates
9. MBA from IITs: Cost of Application Fees
10. IITs MBA Admission 2024

 1. MBA from IITs: Top Ranked IITs Offering MBA
Management Departments of following IITs have been highly ranked in recently announced Govt of India, MHRD NIRF Rankings 2022 for 125 management institutes:

2. MBA from IITs: Highlights & Key Benefits of pursuing MBA from IITs
The key highlights and USPs of pursuing MBA from IITs are

2.1 High Ranking Management Institutes: Out of the 8 IITs offering MBA, 6 are among top 20 B-schools while the 7^th one is ranked among top 50 B-schools.

2.2 Moderate Fee: IITs MBA Fees is around Rs.10 to 12 lakhs for 2 years. The IIT MBA fee is lower than the IIM fee which is in the range of Rs.15 to 25 lakhs

2.3 Moderate CAT Cut off for IIT MBA Admission: The CAT 2022 cut off for IIT MBA admission is much lower than the cut off required by top IIMs. IIT Delhi, IIT Bombay, IIT Kharagpur actual CAT cut offs are in the range of 96 to 98 percentile while the minimum required cut offs are 90 percentile. On the other hand, actual cut off in top IIMs is as high as 98 to 99 percentile

2.4 High Placements: IITs MBA Placements are higher than many IIMs. MBA from IITs average salary in Placements 2022 in IIT Delhi and IIT Bombay have been as high as Rs.21.90 LPA and Rs.25.93 LPA

2.5 Institutes of National Importance: Like IIMs, IITs have been declared as the Institutes of National Importance and are the well known institutes world wide. Their MBA programmes are accepted globally.

3.  IITs MBA Fee, Programmes offered
IITs MBA Fee, MBA courses offered by IITs are shared below

Source: Data from IITs

4. IITs MBA Intake
Below are shared the IITs MBA Seats for all the 8 IITs offering MBA programs

5. IITs MBA Placements
IITs MBA Placements are compatible with top B-schools in India including IIMs, SPJIMR, MDI, FMS among others. Below is shared the Average Salary in IITs MBA Placements 2022.

6. MBA from IIT Admission Criteria 2023
While IIT Delhi, IIT Madras and IIT Kharagpur offer MBA admission to the candidates both from Engineering and Non-Engineering back grounds, other IITs need graduation in Engineering, Science or Commerce. Below are given the MBA from IIT eligibility criteria and final admission process for MBA courses offered by IITs

7. CAT Cut off for IIT MBA Admission 2023
CAT 2022 is the mandatory entrance test for IIT MBA admission 2023. The CAT cut off for IIT MBA admission is lower than IIMs. Check below the CAT cut off for IIT MBA admission 2023

7.1 Actual CAT Cut off for IIT MBA Admission
The previous years CAT cut offs for IIT MBA admission is shared below. It is expected similar CAT cut off for IIT MBA Admission 2023 would be applied in IITs

8. MBA from IITs Admission 2023: Important Dates
IITs MBA Application dates for MBA admission 2023 are divided into two parts. The first part is to register and appear in CAT 2022 and the second part is to submit the application separately for IIT MBA Admission 2023. Below are shared the important dates for IITs MBA admission 2023 in two parts: 

Part-1: IITs MBA Admission 2023: Register & Apply for CAT 2022
You need to apply and appear in CAT 2022 before applying for IITs MBA Admission 2023 as you will need to enter your CAT 2022 score in IITs MBA Application form. Key dates for CAT Exam 2022 are:

Part-2: IITs MBA Admission 2023: Application & Final Selection Dates
Application process for IITs MBA Admission 2023 will open in January 2023 first week for a month or so, after declaration of CAT 2022 exam result. Important dates for IITs MBA Admission 2023 are

Note: IITs will release the final admission offer in the last week of April or first week of May 2023

9. MBA from IITs: Cost of Application Fees
To apply for each IIT MBA admission 2023, you need to spend separate application fee as detailed below. Apart from applying for IITs MBA Admission 2023, you need to apply first for CAT 2022 Exam for which you also need to spend the requisite amount on Registration and application Fees as shared below: 

10. IITs MBA Admission 2024
There are many young students who wish to appear in CAT and apply for MBA Admission 2023 from IITs this year but since they are in the second year or third year of their bachelor’s degree course and are not eligible this year, they are not able to apply. However, such candidates can apply for IITs MBA admission 2024 through CAT 2023. For the last 2-3 years IITs MBA admission policy has remained on same lines and it is expected that the IITs MBA admission 2024 process will remain on similar lines as this year. You need to begin your CAT preparation and by the time you become eligible to appear in CAT 2023, you would have completed a large part of your CAT exam preparation which will help you score high in the exam and improve your chances for IITs MBA admission 2024.

Apart from their graduate engineering programmes, IITs are now known for the best quality MBA programmes offered by them. Pursuing MBA from one of the IITs not only offers you an IIT brand but the programme is also enriched with good learning experience followed by good campus placement packages as are secured by top B-schools in India. There are 23 IITs in India and out of them 8 offer 2 years full time MBA programmes with various specializations.

Hope you found this article on MBA from IITs quite useful to decide on MBA admission 2023. Since IITs MBA admission process opens after declaration of CAT result, many of the top IITs have already opened their MBA Admission 2023. Read More

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