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Department of Management Studies, IIT Madras - [DoMS IIT Madras]
Department of Management Studies, IIT Madras - [DoMS IIT Madras] is a government institution located in Chennai, Tamil Nadu, India, established in 2004. It offers 1+ courses across…
Department of Management Studies, IIT Madras - [DoMS IIT Madras]
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According to me, IIT Madras is a better choice for an MBA in marketing as compared to IIM Udaipur.
- IIT Madras has ranked 19th according to NIRF Ranking.
- The MBA curriculum of IIT Madras has been designed to prepare the students to become leaders of tomorrow.
- The students are given 360-degree education as well as imparted practical knowledge to shape them into great managers.
- Multiple internship opportunities are provided to the students for them to gather practical knowledge.
- The average salary recorded in 2024 is INR 16.93 LPA and the highest salary recorded in 2024 is INR 21.89 LPA.
- Top recruiters include Standard Chartered, Accenture, Dell, etc.
If you ask me, I would suggest you choose IIT Madras to pursue an MBA as compared to IIM Nagpur for an MBA.
- IIT Madras is a prestigious institute with a rich culture.
- It has been consistently named as one of the top institutes in India for pursuing an MBA.
- In 2023, it was ranked 17th in the NIRF ranking.
- The institute has well-designed curriculums that are focused on meeting the industry requirements.
- The management department has praise-worthy placement records with the majority of students grabbing dream placement offers.
- The highest placement as recorded this year is INR 21.89 LPA and INR 16.93 LPA is the average LPA.
- The top recruiters visit this institute during the placement season. Some of them are Dell, Accenture, P&G, Standard Chartered, etc.
IIT Madras is a better choice for pursuing an MBA as compared to the Delhi School of Economics.
- IIT Madras is ranked 17th by IIRF 2024.
- It is known for its excellent academic curriculums and the research opportunities that it offers to its students.
- The MBA department of IIT Madras is known for offering excellent placement opportunities to students with the highest package of INR 21.89 LPA and the average package of INR 16.93 LPA.
- Some of the top recruiters are P&G, McKinsey, Accenture, Cisco, Standard Chartered, Dell, and more.
IIT Madras has been delivering MBA studies since 2001, and DoMS was finally established in 2004. On the other hand, IIM Visakhapatnam belongs to the new generation of IIMs, and it was established in 2015.
This in itself gives IIT Madras a huge benefit against IIM Visakhapatnam in terms of alumni network, industry connection, and legacy.
There are several factors on which DoMS, IIT Madras, and IIM Visakhapatnam can be compared. Some of these are-
| Parameters | DoMS, IITM | IIM Visakhapatnam |
|---|---|---|
| NIRF 2023 Management Ranking | 15 | 29 |
| MBA/PGP Placement 2024 | Highest CTC: INR 29.65 LPA Average CTC: INR16.93 LPA |
Average CTC: INR 15.61 LPA |
| Top Recruiters | P&G, McKinsey, Accenture, Cisco, Standard Chartered, and Dell, among others. | ABsyz Inc, Accenture, Adani Wilmar, Akzonobel, Amara Raja, Anand Rathi, Arthmate, Asian Paints, AU Small Finance Bank, Axis Bank, Bajaj Finserv, Bharti Airtel, Cognizant, Crisil, Decimal Point, Deloitte, Digit Insurance, Digital Fifth, Dr Lal Path Labs, DS Group, DSP Mutual Fund. |
Based on the legacy and excellent placements of DoMS (IIT Madras), I would recommend you choose it over IIM Visakhapatnam for your management studies.
The Department of Management Studies (DoMS) of IIT Madras was established in 2004 (and IITM has been delivering MBA studies since 2001). On the other hand, IIM Amritsar was established on July 27, 2015. IIT Madras is the first IIT to open its doors to enthusiasts from streams other than engineering. These degrees include- MBA, B.A., B.Sc., B.Com., etc.
Given below are some factors by which you can analyze which is better for an MBA as a fresher:
| Particulars | MBA at IIT Madras | MBA at IIM Amritsar |
|---|---|---|
| Specializations | Finance, HR&B, Information Systems, Integrative Management, Marketing, and Operations. | General MBA |
| Curriculum | 1st Year: Data Analytics, Basics of Accounting, Spreadsheet Modelling, Financial Accounting, Marketing Management I, Operations Management, etc. 2nd Year: Business Models, Contemporary Issues in Management, Behavioural Lab etc. |
First Year: basic Financial Accounting, Management Accounting, Business Research Methods, Corporate Finance, Fundamentals of Marketing, Fundamentals of Operations Management etc. 2nd Year: Investment Analysis & Portfolio Management, Entrepreneurship and New Venture Management, Strategic Consulting, Design Thinking & Innovation, Financial Modeling. |
| Total Fee | INR 17 lakhs. | INR 12 Lakhs |
| Placement | Highest CTC: INR 29.65 LPA Average CTC: INR 16.93 LPA |
Highest CTC: INR 20.57 LPA. Average CTC: INR 16.51 LPA |
I would suggest you choose DoMS, IIT Madras over IIM Amritsar since the former has a legacy and a stronger industry connection. IIM Amritsar has just stepped into this race. Moreover, IIT Madras offers a wide range of specializations in its MBA program.
IIT Madras is a premiere Engineering college and all the courses are of premium quality and taught by world-class faculty. Talking specifically about DoMS, it has some of the oldest and most highly experienced faculty who are very cooperative and guide the students throughout their journey.
IIT Madras faculty are experts in their area of specialization mainly because my cousin was an M S - Mech student, and had to audit classes, with the Consent Of Teachers in the Management Studies department. She was fortunate enough to avail the opportunity to teach in DoMS. She was impressed by the faculty of the department and shared her wonderful experience.
Not only in academics but the department is also known for its valuable research work done by MS students. Many students even opt for Ph.D. after completing their MS. IIT Madras’ Central Library is no joke given the huge variety of books and unique research materials. It runs 24/7 and one can even photocopy necessary material for research purposes.
Without further hesitation, go for MS at DoMS IIT Madras and you will realize how wonderful a decision it was.
If you are considering pursuing management studies, it is important to choose an institute that provides opportunities beyond the classroom. DoMS at IIT Madras is one such institute that offers several advantages over other institutes.
Here are some reasons why you should consider DoMS at IIT Madras for your management studies:
- Exposure: DoMS at IIT Madras has been around for quite some time now and has established itself as a reputable institute in the field of management studies. You will be exposed to a diverse range of experiences and opportunities that will help you broaden your horizons and expand your knowledge.
- Opportunities: DoMS at IIT Madras offers various opportunities for students to explore their interests and develop their skills. The institute has tie-ups with several organizations, which provides students with access to internships and industry projects.
- Peer Groups: Learning from your peers is an essential aspect of any academic program, and DoMS at IIT Madras offers a diverse student body. You will be able to interact with students from various academic backgrounds, cultures, and nationalities, which will help you develop a global perspective and gain insights into different business practices.
- Faculty: DoMS at IIT Madras has an experienced faculty that brings a wealth of knowledge and expertise to the classroom. The faculty members are actively involved in research and consulting, which ensures that the curriculum is up-to-date and relevant to the industry.
- Alumni Network: DoMS at IIT Madras has a strong alumni network, and several alumni hold leadership positions in top companies globally. This network provides students with opportunities for mentorship, career guidance, and networking.
When choosing an institute for management studies, it is crucial to consider the learning opportunities beyond the classroom. DoMS at IIT Madras offers a holistic learning experience that will help you develop the skills and knowledge required to succeed in the field of management.
If you have other options like older IIMs or private B Schools such as MDI or SP Jain, I would recommend you to go for them instead of DoMS, IIT Madras. I am not saying MBA from DoMS is a bad idea, it’s just that B Schools are best for MBA.
MBA program offered at DoMS IIT Madras has the following pros and cons
Pros
- Excellent ROI
- Small size, hence less competition during placements
- 100% placements
- Average salary was recorded at INR 16.66 LPA which is similar to that of many private B Schools
- IIT Madras campus offers the most dynamic campus life one could ask for providing great exposure
- IIT Madras has a great student exchange program and also pays the expenses unlike other B Schools
- You get to work with Engineering students on projects or startup incubators thus broadening the experience
Cons
- IIT Madras has a quarter semester for the MBA instead of the usual trimester which sometimes becomes very hectic.
- Being a technical Institute, its MBA program has less value than other courses offered at the Institute
Overall, DoMS offers the best experience and the MBA is a good choice considering the ROI, campus life, and exposure provided by IIT Madras.
While many may discredit IIM Raipur because it is not an old IIM, I will still choose it over IIT Madras DoMS. My preference is based on the following reasons
- IIT is a technical institute and is yet to develop in the Business World. This restricts its bonding with leading B Schools, companies and other committees.
- The crowd is more inclined towards technical education and mostly engineers. Whereas IIM Raipur welcomes a diverse crowd from various professions.
- The overall environment of IIT is not suitable for a Management program. IIM Raipur has laid a perfect environment for the same.
- IIM Raipur renders a perfect ambiance for boosting your business and management skills. Such an opportunity is not there in IIT.
To get a deeper insight into the credibility of IIM Raipur try comparing the companies that visit the campus with that of IIT Madras.
DoMS IIT Madras alumni are well-established in the higher echelons of the corporate world across the world. Here are a few prominent names for the alumni list of the institute.
- Mr. Ronobijay Bhaumik (MBA - 2004) - Vice President and Head of Sales Analytics and Commercial Pricing, Star India
- MS. Maupiya Niyogi (MBA -2012) - Account Optimizer, Google
- Mr. Varun Sehgal (MBA - 2012) - Director, Zomato
- Jeeth Raju (MBA - 2018) - Affiliation - Indian Army, Lt Col
- Chirag Jain (MBA - 2013) - Founder, Get My Parking
Frequently Asked
Questions
Common questions students ask about Department of Management Studies, IIT Madras - [DoMS IIT Madras] — admission, fees, placements and more.
The fee at Department of Management Studies, IIT Madras - [DoMS IIT Madras] ranges from ₹2–15 Lakh per year depending on the program. Scholarship options are available for meritorious and economically weaker section students.
Department of Management Studies, IIT Madras - [DoMS IIT Madras] offers admission through national entrance exams such as JEE, CAT, NEET, or state-level tests depending on the course. Applications are typically open from January to June each year.
Department of Management Studies, IIT Madras - [DoMS IIT Madras] has an impressive placement record with the highest package of a competitive package and an average package of an attractive average. Over a strong percentage of eligible students are placed annually.
Department of Management Studies, IIT Madras - [DoMS IIT Madras] is a Government institution located in Chennai, Tamil Nadu, India. It was established in 2004.
The cutoff rank for Department of Management Studies, IIT Madras - [DoMS IIT Madras] varies by program, category, and examination year. For competitive programs like CSE or MBA, cutoffs are typically in the top percentile. Check the Cutoff section on this page for the latest year-wise data.
Yes, Department of Management Studies, IIT Madras - [DoMS IIT Madras] provides separate hostel facilities for male and female students. Amenities typically include Wi-Fi, mess, sports facilities, and 24/7 security. Contact the admissions office for current hostel fee details.
Department of Management Studies, IIT Madras - [DoMS IIT Madras] offers merit-based scholarships, government schemes (such as NSP, state scholarships), and special scholarships for financially weaker students. Check the Scholarship section for the latest available schemes.
The NIRF ranking of Department of Management Studies, IIT Madras - [DoMS IIT Madras] is updated annually by the Ministry of Education. Please refer to the Rankings section on this page for the latest NIRF, QS, and India Today rankings.
Department of Management Studies, IIT Madras - [DoMS IIT Madras] offers a wide range of undergraduate, postgraduate, and doctoral programs including B.Tech, M.Tech, MBA, BBA, B.Sc, and more. Use the Courses & Fees tab above to explore all available programs.
You can apply to Department of Management Studies, IIT Madras - [DoMS IIT Madras] through the official admission portal or via common counselling bodies such as JoSAA, CLAT, or CAT. Fill in the Enquiry form on this page to receive a direct callback from the admissions team.
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