MBA from IITs: High RoI MBA at Moderate Fee; Check Criteria, Cut-off, Fee, Placement at IIT Delhi, Bombay, Kharagpur, Madras, Kanpur; Admission 2023 Opening Soon

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MBAUniverse.com News Desk |
August 17, 2022
IITs in India offer high RoI MBA programs at moderate fee and their management departments are ranked higher than many top IIMs. The application process for IIT MBA admission will open in January 2023 first week and the last date to apply is one month after opening date. All the IITs will accept CAT 2022 exam score for MBA admission 2023. Read this article to know the key USPs of MBA from IITs, important dates, eligibility, cut off, fee, placement and selection process
MBA from IITs

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 will open after declaration of CAT 2022 result in January 2023 first week. The last date to apply for MBA admission 2023 in IIT Bombay, IIT Delhi, IIT Madras, IIT Kanpur, IIT Kharagpur, IIT Roorkee is one month after opening of application process. The application process is online and should be submitted at respective IIT website. CAT score is the mandatory component in the IIT MBA shortlisting criteria.  

CAT 2022

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:

IITs
NIRF 2022 Rankings – Management
IIT Delhi (DMS)
# 4
IIT Madras (DoMS)
# 10
IIT Bombay (SJMSoM)
# 11
IIT Kharagpur (VGSoM)
# 12
IIT Roorkee (DoMS)
# 19
IIT Kanpur (DIME)
# 20
IIT Dhanbad (DMS)
# 46

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 7th one is ranked among top 50 B-schools.

2.2 Moderate Fee: IITs MBA Fees is around Rs.10 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.

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

IIT IITs MBA Programmes IIT MBA Fees
IIT Bombay- Shailesh J Mehta School of Management MBA Rs.10.08 lakhs
IIT Delhi-Department of Management Studies MBA and MBA (Telecom) MBA: Rs. 9.60 lakhs
MBA (Telecom): Rs.8.8 lakhs
IIT Madras-Department of Management Studies MBA Rs.10.99 lakhs
IIT Kharagpur-Vinod Gupta School of Management MBA Rs. 11.67 lakh
IIT Kanpur - Department of Industrial and Management Engineering (IME) MBA Rs 4.14 lakhs
IIT Roorkee-Department of Management Studies (DoMS) MBA Rs.9.54 lakhs
IIT Dhanbad (ISM) - Department of Management Studies MBA; MBA-Business Analytics Rs. 3.4 lakh
IIT Jodhpur MBA INR 8 Lakh

Source: Data from IITs

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

IIT IITs MBA Programs  IITs MBA Seats
IIT Bombay- Shailesh J Mehta School of Management  MBA 120
IIT Delhi-Department of Management Studies  MBA and MBA (Telecom)  115
IIT Madras-Department of Management Studies MBA 68
IIT Kharagpur-Vinod Gupta School of Management MBA 140
IIT Kanpur - Department of Industrial and Management Engineering (IME) MBA 78
IIT Roorkee-Department of Management Studies (DoMS) MBA 95
IIT Dhanbad (ISM) - Department of Management Studies MBA 62
IIT Jodhpur MBA 80

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.

IIT Average Salary in IIT MBA Placement 2022 
IIT Bombay- Shailesh J Mehta School of Management  Rs.25.93 LPA
IIT Delhi-Department of Management Studies  Rs.21.90 LPA
IIT Madras-Department of Management Studies Rs.16.66 LPA
IIT Kharagpur-Vinod Gupta School of Management Rs. 19.36 LPA
IIT Kanpur - Department of Industrial and Management Engineering (IME) Rs 16.61 LPA
IIT Roorkee-Department of Management Studies (DoMS) Rs. 16.80 LPA
IIT Dhanbad (ISM) - Department of Management Studies Rs.8 LPA
IIT Jodhpur Rs.12.82 LPA

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

MBA from IITs Admission 2023
IITs MBA Eligibility Criteria
MBA from IITs Admission Process 2023  
MBA from IIT Bombay 
4-year bachelor’s or master’s degree with minimum 60% aggregate (55% in case of SC/ST category) or a minimum CGPA of 6.5 (6 for SC/ST category) out of 10, Or
CA/ICWA with bachelor’s degree minimum 60% aggregate (55% in case of candidates belonging to SC/ST category) or a minimum CPI of 6.5 (6 in case of candidates belonging to SC/ST category) out of 10
Written Ability Test and Personal Interview
MBA from IIT Delhi
MBA
Bachelor's degree with minimum 60% aggregate (6.00 CGPA on a 10-point scale) for General category candidates
Minimum 55% aggregate for SC/ST candidates (5.5 CGPA on a 10-point scale)
 
MBA-Telecom
Bachelor’s degree in Engineering/ Technology/ Architecture/ Pharmacy/ Agriculture Engineering
or
Bachelor’s degree in Physical/Chemical/Mathematical Sciences like Physics, Chemistry, Mathematics, Statistics, Computer Application, Electronic Science, Environmental Science, Operations Research, Computational/Information Science, Agriculture or Bachelor’s Degree in Commerce/ Economics/CA/ICWA
Minimum 60% aggregate (6.00 CGPA on a 10-point scale) for General candidates & 55% aggregate for SC/ST candidates (5.5 CGPA on a 10-point scale)
Written Aptitude Test and Personal Interview
MBA from IIT Kharagpur
Bachelor’s degree of minimum 4-year duration in Engineering,
Technology, Pharmacy, Medicine, or similar disciplines
Master’s degree in Science/Economics/Commerce (with Mathematics or
Statistics at Bachelor’s level)
Minimum 60% aggregate or CGPA of 6.5 on a 10-point scale for GE/NC-OBC candidates
Minimum 55% aggregate or CGPA of 6.0 on a 10-point scale for SC/ST/PwD candidates
Written Aptitude Test and Personal Interview
MBA from IIT Roorkee
Bachelor’s degree in any discipline of Engineering  or Technology
or
Master’s degree in any discipline
Written Aptitude Test and Personal Interview
MBA from IIT Madras
Graduate with minimum 60% aggregate (General category)
Graduate with minimum 55% aggregate (SC/ST/PwD)
Written Ability Test and Personal Interview
MBA from IIT Kanpur
BTech, BSc Engineering, BE or B Arch, BSc with Maths, MSc with Maths, MA in Economics with Maths
Minimum 65% aggregate (CGPA 6.5 on a 10-point scale) for General category & minimum 55% aggregate (CGPA 5.5 on a 10-point scale) for SC/ST category students
Group Discussion and Personal Interview
MBA from IIT-ISM Dhanbad
Bachelor’s degree with minimum 60% aggregate or CGPA of 6.5 out of 10 (General category) and minimum 55% aggregate or CGPA of 6.0 for SC/ST/PD
Written Ability Test and Personal Interview
MBA from IIT Jodhpur
Bachelor’s degree with minimum 60% aggregate or CGPA of 6.0 out of 10 (General category) and minimum 55% aggregate or CGPA of 5.5 for SC/ST/PD
Candidates have to send a recorded video clipping of their introduction with:
Why you want to join MBA programme at SME, IIT Jodhpur?
Tell us about any incident where you have shown leadership / empathy / team skills

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

IITs
CAT Cut Off for IIT MBA admission 2023
(Minimum Required CAT Percentile)
IIT Bombay
90 Percentile
IIT Delhi
90 Percentile
IIT Madras
90 Percentile
IIT Kharagpur
90 percentile
IIT Kanpur
85 percentile
IIT Roorkee
90 percentile
IIT Dhanbad (ISM)
80 percentile
IIT Jodhpur
Offers Direct admission to candidates with 98 percentile and above

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

IITs
Actual expected CAT Cut Off in IIT Admission 2023
IIT Bombay
98.5 percentile
IIT Delhi
98 Percentile
IIT Kharagpur
90 percentile
IIT Roorkee
94.6 percentile
IIT Madras
96 percentile
IIT Kanpur
95 percentile
IIT-ISM Dhanbad
80 percentile

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:

CAT 2022 Exam Activity
Key Dates
CAT 2022 Registration Start Date
August 3, 2022
Last Date to Apply for CAT exam 2022
September 14, 2022 
CAT 2022 Registration & Application Fee
Rs.2300/-
CAT 2022 Admit card Download Start date
October 27, 2022
Last Date for CAT 2022 Admit Card Download
November 27, 2022
CAT 2022 Exam date
November 27, 2022
CAT 2022 Result date
January 5, 2023 (Expected)

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

Name of IIT  IIT MBA Admission 2023 Start Date Last Date to Apply for IIT MBA admission 2023 Selection Process for IITs MBA Admission 2023
IIT Delhi   05 Jan 2023 31-Jan-23  March 2023
IIT Bombay   05 Jan 2023 31-Jan-23  March 2023
IIT Kharagpur   05 Jan 2023 31-Jan-23  March 2023
IIT Roorkee   05 Jan 2023 31-Jan-23  March 2023
IIT Madras   05 Jan 2023 5-Feb-2023   March 2023
IIT Kanpur  05-Jan-23 31-Jan-23  March 2023
IIT-ISM Dhanbad  05-Jan-23 31-Jan-23  March 2023
IIT Jodhpur  05-Jan-23 28-Feb-23  March 2023

Note: All dates are Tentative. 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: 

IITs MBA Application Fee Component
Fee for General, OBC & EWS Category
Fee for SC/ST/PwD category
CAT 2022 Registration Fees
Rs.2300
Rs.1150
IIT MBA Admission 2023 Application Fee (Separate Application for Each IIT)
Rs.1600
Rs. 800

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. IITs MBA admission process will open after declaration of CAT 2022 result. However, the registration and application process for CAT 2022 is open and you can apply now. Read More

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