Master of Business Administration [MBA]
Accepted entrance exams
Fees
Fees at IIT Bombay for the Bachelor of Technology [B.Tech] program in Aerospace Engineering are structured on an annual basis, with total fees ranging from INR 2.75 to 3.06 lakhs per year. Tuition fees for Indian students are typically INR 2 lakhs per year, while additional fees, including hostel, mess, gymkhana, medical, and examination fees, amount to INR 75,000 to 1 lakh annually. For each semester, the tuition fee is INR 1 lakh, and examination fees are INR 1,200.
Hostel fees, which cover water, electricity, sports equipment, and gym facilities, are around INR 22,500 per semester, with mess fees at a similar rate. Various scholarships are available, particularly for students with annual family incomes below INR 5 lakhs, offering amounts from INR 1 lakh to 2 lakhs per year. Full tuition waivers are provided for SC/ST students, with additional waivers on hostel and mess fees. Merit-cum-means and other scholarships, such as FAP and Reliance scholarships, offer substantial financial support to eligible students.
These scholarships ensure access to education for students from diverse economic backgrounds.
About Master of Business Administration [MBA]
MBA at IIT Bombay is a 2 years, Full Time Degree program offered On Campus. It offers a limited number of 152 seats.
- The total fees for the MBA program at IIT Bombay is ₹ 15.16 Lakhs.
- Students need to pay ₹ 7.68 Lakhs in the first year.
Admissions to MBA at IIT Bombay are primarily based on CAT. Candidates must have completed Graduation with 60% + CAT to be eligible for admission. The overall CAT cutoff for the MBA program is 60 - 90 across all categories. Check IIT Bombay Admission
NIRF Management ranking 2025, ranks IIT Bombay at 14 out of 125 in India.
Find detailed IIT Bombay MBA fees, eligibility, admission dates, cutoff and ranking below.
IIT Bombay MBA fees 2025 is ₹ 15.16 Lakhs for the entire course duration.
- This includes a total tuition fee of ₹ 14.95 Lakhs, Caution Fees of ₹ 5,000, Other Fees of ₹ 15,500.
- Candidates need to pay ₹ 7.68 Lakhs in the first year.
- For SC/ST category students, the total fees is ₹ 7.16 Lakhs.
Earlier, MBA fees at IIT Bombay was ₹ 8.48 Lakhs (in 2024) for the entire course duration. This shows a fee increase of ₹ 6.67 Lakhs over the year.
Compare IIT Bombay MBA Fees with Similar Colleges
Students have an option to pursue MBA from similar colleges such as IIT Bombay, IIT Delhi, IIT Madras, IIT Kanpur. Similar to IIT Bombay, MBA at these group colleges is offered Full Time for a duration of 2 Years.
Comparing the course fees at these colleges, the total course fee at IIT Bombay is the highest with ₹ 15.16 Lakhs. This is followed by IIT Delhi with ₹ 12.4 Lakhs and IIT Madras with ₹ 11.62 Lakhs. Among these, IIT Kanpur has the lowest fee for MBA with ₹ 7.64 Lakhs.
| College | MBA Total Fees |
|---|---|
| IIT Bombay | ₹ 15.16 Lakhs |
| IIT Delhi | ₹ 12.4 Lakhs |
| IIT Madras | ₹ 11.62 Lakhs |
| IIT Kanpur | ₹ 7.64 Lakhs |
As mentioned, IIT Bombay offers admission to MBA program based on CAT percentile. IIT Bombay CAT Cutoff 2024 percentile is 90 for the General category. Further, CAT cutoff percentile is 81 for OBC , 60 for SC , 60 for ST and 60 for PwD category. Check IIT Bombay Cutoff
IIT Bombay MBA Cutoff Year-wise Trends
The section below shows year-wise trends in IIT Bombay MBA Cutoff. According to year-wise trends, admission to the IIT Bombay MBA program in 2024 was closed at the 90 percentile , whereas in 2023, the closing percentile was 90 across all categories.
| Catgories | Cutoff percentile 2024 | Cutoff percentile 2023 |
|---|---|---|
| General | 90 | 90 |
| OBC | 81 | 81 |
| SC | 60 | 60 |
| ST | 60 | 60 |
| PwD | 60 | 60 |
According to the latest available placement reports of 2024, The median package reported is 26.73 Lakhs.Check IIT Bombay Placement
Based on the latest NIRF Reports 2024 of IIT Bombay, about 100% of the MBAstudents were placed during the placement drive. The median package reported was 26.73 Lakhs.Before this, the median package reported was 26.73 Lakhs.
- 14 out of 125 under NIRF Management Ranking 2025.