MBA from IITs 2024: Registrations (Open), Seats, Admission Criteria, Fees, Cut-off, Placements

MBA from IITs 2024 is a great choice as their management departments are on par with the top IIMs in India. While IIM Ahmedabad, IIM Bangalore, and IIM Kolkata hold the top three positions in the NIRF MBA Ranking 2023, DMS-IIT Delhi is ranked at 5th position, and IIT Bombay is ranked at 10th position followed by IIT Kharagpur.

Indian Institutes of Technology (IITs) are counted among the top MBA colleges that offer world-class Management education to future managers and entrepreneurs. IIT MBA admission 2024 is now open and is being conducted through the CAT (Common Admission Test). Candidates are shortlisted for the Group Discussion (GD), Personal Interview (PI), or Writing Ability Test (WAT) on the basis of CAT scores. Out of the 23 IITs, there are eight that are currently offering management programs, such as MBA, Executive MBA, PGDM, MBA Telecom Management, etc. Candidates who are interested in pursuing an MBA from IITs can check out all the details given in this article.

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List of IITs Offering MBA Admissions 2024

All the IITs offering MBA accept CAT 2023 scores for admission. These institutes as per their NIRF ranking 2023 are as follows:

MBA from IITs: Admission Dates 2024

Check out the important dates for MBA in IIT admissions 2024, as given below:

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MBA in IIT: Courses, Seat Intake, Fee Structure and Placement 2024

The following table provides a detailed overview of the different courses offered at IIT management departments along with its fee structure, the number of seats on offer, CAT cut off percentile, and IIT MBA placements salary offered to the students enrolled there:

IIT MBA Application Fee 2024

The application fees for MBA from IITs have been provided in the table below:

Why Choose an MBA from IITs?

Why opt for an MBA program at an engineering institute? Well, there are several compelling reasons to consider pursuing an MBA from IITs, some of which are outlined below:

• Competitive CAT Percentiles: Admission to IITs for MBA programs requires a CAT percentile significantly lower than what is needed for IIMs and other leading MBA colleges in India. For instance, IIT Delhi's MBA cutoff is 98 percentile, while IIT Bombay's cutoff is 97 percentile—both notably lower than those of IIM Ahmedabad, Bangalore, Calcutta, Lucknow, Indore, and others.
• High NIRF-MHRD Rankings: All seven IITs offering MBA programs are ranked among the top 50 MBA institutes in India as of 2022, according to NIRF-MHRD. These rankings include IIT Delhi (Rank 4), IIT Madras (Rank 10), IIT Bombay (Rank 11), IIT Kharagpur (Rank 12), IIT Roorkee (Rank 19), IIT Kanpur (Rank 20), and IIT-ISM Dhanbad (Rank 46).
• Specialized MBA Programmes: IITs provide specialized MBA programmes in emerging fields such as Business Analytics (offered at IIT-ISM Dhanbad) and MBA Telecom (available at IIT Delhi), allowing students to tailor their education to their career aspirations.
• Affordable Tuition: The average cost of an MBA program at IITs is less than INR 10 lakh. Additionally, there are opportunities for scholarships and education loans, making quality education accessible to a wider range of students.
• Strong ROI: Graduates from these institutes can expect an average salary of INR 13 lakh. With the relatively low tuition fees compared to the competitive salary packages offered during campus placements, the return on investment (ROI) for an MBA degree from IITs is favorable.

How is IIT MBA Different from IIM MBA?

The real question is how an MBA from IITs is different from an MBA from IIMs. Well, while the IIMs have been in existence for a very long time now, MBA from IITs is a comparatively new concept and offering. The curriculum structure offered by the IITs and IIMs is different in terms of approach. For instance, a management course such as an MBA in Telecommunication System Management at IIT Delhi is available but no IIM offers it.

Apart from the top-notch pedagogy, infrastructure, practical training, and placement opportunities, one thing that makes MBA from IITs an excellent choice is the low fees. The cost of an MBA from IITs ranges from Rs. 2-9 lakh as compared to the hefty fees of IIMs which can be up to Rs. 20-30 lakh. As far as placements and ROI are concerned, many top companies recruit MBA graduates from IITs with lucrative salary packages and other benefits.

MBA in IIT: Eligibility & Selection Criteria

Each IIT sets certain eligibility criteria for selecting students for its MBA programs. The candidates who seek admission into MBA at IITs must fulfill the respective eligibility criteria in order to be selected at the institute. Apart from appearing for the Common Admission Test (CAT), the aspirants also need to fulfill the other conditions specified by each IIT in order to be eligible for admission into its MBA program. IITs are quite strict about their selection process for their management programs as well. Find the MBA at IIT eligibility criteria in the table below.

IIT MBA Admissions 2024: CAT 2023 Cut Off (Expected)

MBA admissions at IITs are done through the CAT score of a candidate. The CAT 2023 cutoff for IIT MBA admissions must be checked before filling up the application form. The estimated qualifying cutoff and final cutoff scores based on previous year trends of various IITs can be found below.

Steps to Check IIT MBA Admission Result 2024

Candidates can check their IIT MBA Admission results can do so by following the steps given below.

1. Visit the official website of the respective IIT.

2. Click on the relevant link for the IIT MBA Admission Result 2024.

3. You may be asked to enter your login credentials.

4. The result will be displayed on the screen.

5. Download the scorecard and take a printout for future reference.

MBA from IITs: Final Results 2024

The result status of the final results of MBA 2024 admissions at various IITs will be updated in the table below once they are available.

IITs will send the admission offer letters to the selected students. Students should respond to the offer letters as soon as possible and complete the IIT MBA admission process.

One must understand that pursuing an MBA from IITs is not a piece of cake. It cannot be denied that the management schools of IITs are among the best in the country. The Return on Investment after graduating with an MBA in IIT is very high and rewarding. Hence, if you are planning to do an MBA this year, you must prepare yourselves in such a way that you can stay in the race to make it to the MBA courses at IITs in India.

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