Apart from IIMs candidates can also purue MBA from IITs in order to have a great career ahead. Indian Institutes of Technology (IITs) are usually recognized for their excellent education in the fields of engineering and technology. However, their management programs are equally impressive and are well-quipped with updated curriculum and comes with amazing placement opportunities. While some IITs are at the peak and even compete with the top IIMs of the country, others are budding and will be grown in the upcoming years. The top IITs placements for MBA easily touch 26 to 28 LPA and their CAT cutoffs are upward of 98 – 99 percentile. Here is the details about IIT MBA fee, eligibility, batch size and other details.
MBA From IITs in India
| Colleges | Exams Accepted | Fees | Average Packages | Batch Size | Highest Package | Eligibility |
| SJMSOM (IITB) | CAT | 14 lakhs | 28.88 LPA | 115 | 72 LPA | Only Engineers |
| DMS (IITD) | CAT | 11.2 lakh | 25.82 LPA | 118 | 41.30 LPA | All degree students |
| VGSOM (IIT-KGP) | CAT | 9.08 lakh | 22.13 LPA | 104 | 43.37 LPA | All degree students (Engineers only for their MHRM) |
| IIT Kanpur | CAT | 2.80 lakh | 18.14 LPA | 78 | 24 LPA | All degree students |
| IIT Roorkee | CAT | 9.2 lakh | 18.3 LPA | 82 | 26 LPA | Only Engineers |
| IIT Madras | CAT | 8.5 lakh | 16.93 LPA | 84 | 29.65 LPA | All degree students |
| IIT ISM Dhanbad | CAT | 3.36 lakh | 11 LPA | 67 | NA | Only Engineers |
| IIT Jodhpur | CAT | 8.8 lakh | 13 LPA | 80 | 23.8 LPA | Only Engineers |
| IIT Guwahati | CAT | 2.79 lakh | 13 LPA | 60 | NA | Only Engineers |
1. Shailesh J. Mehta School of Management – SJMSOM (IIT Bombay)
Shailesh J. Mehta School of Management (SJMSOM) at IIT Bombay is the best institute when it comes to MBA from an IIT. Do not get confused that their curriculum is focused towards technology as they provide specialisation in all fields including Finance, Operations, to name a few. Its location in Mumbai, a major financial and business hub, provides students with best of the exposure to top companies and other career opportunities to its students. The final cutoff at IIT Bombay goes as high as 98.5+ percentile, making it one of the difficult institutes in India to get in. Also note that only engineers are eligible for this MBA program.
- Exams Accepted: CAT
- Fees: ₹14 lakhs
- Average Package: ₹28.88 LPA
- Batch Size: 115
- Highest Package: ₹72 LPA
2. The Department of Management Studies DMS (IIT Delhi)
The Department of Management Studies (DMS) at IIT Delhi offers an MBA program that focuses in the areas of IT and Operations Management and Finance, among other areas. With much lower fees compared to other peer colleges, it is one of its kind and best in the league when it comes to MBA from IITs. The small batch size of just 118 students is just cherry on the cake. Further, it has two MBA programs, one is regular and other is focused on Telecommunication Systems Management. With its prime location, IIT Delhi is even comparable to old IITs when it comes to placements and academic rigour. The cutoff usually hovers around upwards of 98 percentile for general category students.
- Exams Accepted: CAT
- Fees: ₹11.2 lakh
- Average Package: ₹25.82 LPA
- Batch Size: 118
- Highest Package: ₹41.30 LPA
3. VGSOM (IIT Kharagpur)
Vinod Gupta School of Management (VGSOM) at IIT Kharagpur is one of the oldest management schools within the IIT ecosystem. IIT Kgp program offers various specializations, including Marketing, Finance, and Human Resource Management. VGSOM is also known for its global tie-ups and exchange programs, adding another dimension to its very esteemed curriculum. IIT Kgp offers two MBA programs, one general and other one specialised in Human Resources. The cutoff collectively stays around 95 percentile for general candidates. Also, it is the only IIT which is know for HR, however do note that only 4-year degree holders can apply for the program. It is also one of the colleges with best ROIs as the fee is just about 9 lacs for the entire 2 years.
- Exams Accepted: CAT
- Fees: ₹9.08 lakh
- Average Package: ₹22.13 LPA
- Batch Size: 104
- Highest Package: ₹43.37 LPA
4. IIT Kanpur
IIT Kanpur’s Department of Industrial and Management Engineering offers a well-structured MBA program that focuses on Business Analytics, Finance, Operations, and Marketing. Earlier IIT Kanpur only used to admit engineers but with the growing industry and the goal of focused academic diversity, it has opened its door to all the non-engineers as well. The placements are an easy bet due to their small batch size of just ~80 students. The cutoff at IIT Kanpur is around 93 percentile for general candidates but varies across years.
- Exams Accepted: CAT
- Fees: ₹2.80 lakh
- Average Package: ₹18.14 LPA
- Batch Size: 78
- Highest Package: ₹24 LPA
5. IIT Roorkee
The MBA program at IIT Roorkee which is offered by the Department of Management Studies, has a well-rounded curriculum, which includes specializations in Finance, Marketing, Operations and Human Resources. Though IIT Roorkee would not be included in the tier 1 IITs but its growth has been commendable over the past few years. With increased popularity and growing demand towards MBA, it is all set to break records. With growing environment at IIT Roorkee, the cutoff has now increased around 90+ percentile for the general category students.
- Exams Accepted: CAT
- Fees: ₹9.2 lakh
- Average Package: ₹18.3 LPA
- Batch Size: 82
- Highest Package: ₹26 LPA
6. IIT Madras
The Department of Management Studies at IIT Madras offers an MBA program that is known for its focus on Operations and Supply Chain Management, with a little low focus Finance, and Marketing. The placements are a bit skewed towards technical side of the businesses but due to its low batch size of 84 and relatively lower fee of 8.5 lacs, it is often regarded as a good option as you get the IIT tag. They accept applications from both engineers as well as non-engineers and is well-known when it comes to MBA from IITs.
- Exams Accepted: CAT
- Fees: ₹8.5 lakh
- Average Package: ₹16.93 LPA
- Batch Size: 84
- Highest Package: ₹29.65 LPA
7. IIT ISM Dhanbad
IIT ISM Dhanbad offers an MBA program that is gaining prominence in recent times due to its focus on entrepreneurship and niche curriculum. With specializations in Finance, Marketing, Operations, Big Data Analytics and Human Resources, the program aims to develop versatile working professionals. Its relatively low fees of around 3 lacs for 2 years and seemingly decent placement record make it a decent choice for the students. The cutoffs are quite low, hovering around 80 percentile due to its not so recognised program yet.
- Exams Accepted: CAT
- Fees: ₹3.36 lakh
- Average Package: ₹11 LPA
- Batch Size: 67
- Highest Package: Not Available
8. IIT Jodhpur
The MBA program at IIT Jodhpur, though relatively very new, is rapidly gaining recognition for its different curriculum and focus on new-age industries such as IT and data analytics. The institute accepts CAT scores and is open to non-engineers as well. The placements also have been growing since last few years at a good pace. Due to its low batch size of 80 students, everyone gets a fair chance to boost their career trajectories.
- Exams Accepted: CAT
- Fees: ₹8.8 lakh
- Average Package: ₹13 LPA
- Batch Size: 80
- Highest Package: ₹23.8 LPA
9. IIT Guwahati
IIT Guwahati, though not always being spoken of, does provide an MBA program. The program is very niche and is not advertised well yet. The placements are not that great but surely will grow in coming years. It is still a decent option for aspirants who have scored a decent percentile of around 80 and belong to the engineers category. Despite its relatively low fees, the program offers decent placement opportunities, making it a value-for-money option for MBA aspirants.
- Exams Accepted: CAT
- Fees: ₹2.79 lakh
- Average Package: ₹13 LPA
- Batch Size: 60
- Highest Package: Not Available
While IIMs are usually the most sought-after institutes in India for MBA, one should not overlook IITs. The top 3-4 IITs provide excellent career opportunities at a much lower cost of education.
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