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Home > News & Articles > IIT Madras MBA Admissions 2024 (Open): Know about Fees, Cutoff, Eligibility
Updated on 18th March, 2024 , 4 min read
IIT Madras: The Indian Institute of Technology Madras (IITM) is one of the premier institutes of the country, known for its excellence in education and research. The institute offers a two-year full-time MBA program, which is designed to equip students with the necessary skills and knowledge to become effective leaders in the business world. If you want to pursue an MBA degree from IIT Madras, here's a comprehensive guide to help you with the admission process.
The IIT Madras MBA is a full-time residential course that spans over two years. The program is divided into four semesters and covers a wide range of subjects related to business and management. Some of the highlights of the program are:
The admission process for the MBA program at IIT Madras usually starts in January, and the final selection is announced in May. Here are some important dates to keep in mind:
| MBA in Aviation | MBA in Banking and Finance | MBA In Biotechnology | MBA in Business Analytics |
| MBA In Business Management | MBA In Data Science | MBA In Entrepreneurship | MBA In Event Management |
| MBA In Hospital Management | MBA In HR | MBA In International Business | MBA In IT |
| MBA In Operations Management | MBA In Project Management | MBA In Supply Chain Management | MBA In Digital Marketing |
The IIT Madras MBA Fee is Rs. 6.53 Lakhs per year. The duration of the MBA program is two years. The IIT Madras total fees for the MBA program will be Rs. 12.69 Lakhs.
| Particulars/ Years | First Year | Final Year | ||
| Semesters | Semester 1 | Semester 2 | Semester 3 | Semester 4 |
| Tuition Fees | Rs. 2,44,550 | Rs. 2,27,300 | Rs. 2,27,300 | Rs. 2,27,300 |
| Other Fees | Rs. 92,700 | Rs. ₹88,900 | Rs. 92,700 | Rs. ₹88,900 |
| Total Fees | Rs. 6.53 Lakhs | Rs. 6.34 Lakhs | ||
To be eligible for admission to the MBA program at IIT Madras, candidates must fulfill the following eligibility criteria:
The cutoff for the MBA program at IIT Madras varies from year to year, depending on the number of applicants, their academic performance, and their performance in the entrance test. However, to be considered for the MBA program, candidates must score above the minimum cutoff marks set by the institute. The cutoff marks for the previous year were:
The application process for the MBA program at IIT Madras is completely online. Candidates must visit the official website of the institute to fill out the application form. The application fee for the MBA program is Rs. 1600 for general category candidates and Rs. 800 for SC/ST/PwD candidates.
Before filling out the IIT Madras MBA 2023 application form, candidates must ensure that they have all the necessary details at hand as there is no provision for corrections after final submission. The following details are required before beginning the application process:
1: Visit the official website of IIT Madras at doms.iitm.ac.in.
2: Look for and click on the "IIT MBA Admission 2024" link from the Announcement/Events section.
3: You will be redirected to the application page. Follow the steps provided on the page to complete the application process.
4: Click on the "New User" button and enter a valid email address
The IIT Madras MBA selection process 2024 comprises two steps: the Shortlisting Process and Final Selection. To be considered for the first process, candidates must fulfill certain requirements. Candidates can fill out the online application form till March, and the selection process commences in April. The classes for the two-year MBA program typically start in July.
Aspirants will be shortlisted based on their CAT score, which will be combined with weights given to factors such as past academic performance, work experience, academic diversity, and gender. The composite score will determine the selection of candidates for the MBA program. Relaxation in selection criteria will be given to all categories as per GOI regulations.
Candidates shortlisted based on their aggregate score will be invited for a Virtual Interview (PI). The final selection for MBA admission at IIT Madras is based on the weight of each component, which includes the Virtual Interview, Composite Score, and Other Achievements.
How to Fill IIT Madras MBA Application Form 2023 Online? Before filling out out the IIT Madras MBA 2023 application form, candidates must ensure that they have all the necessary details as there is no provision for corrections after final submission. The following details are required before beginning the application process:
In conclusion, pursuing an MBA from IIT Madras is a great opportunity for individuals seeking a world-class business education in India. The institute offers a rigorous and comprehensive curriculum, world-renowned faculty, and excellent industry connections. With a focus on developing well-rounded and socially responsible leaders, IIT Madras MBA graduates are well-equipped to excel in the global business landscape. The application process, eligibility criteria, and selection process are designed to identify the most talented and deserving candidates. We hope this article has provided you with useful information about the IIT Madras MBA program and has helped you make an informed decision about your future career aspirations.
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By - Nikita Parmar 2023-08-25 09:48:44 , 11 min readTo be eligible for IIT Madras MBA admission, candidates must have a bachelor’s degree in any discipline with a minimum of 60% marks (55% for SC/ST/PwD) or equivalent CGPA. Additionally, candidates must have a valid CAT score and at least two years of work experience after graduation.
The IIT Madras MBA selection process consists of two steps: Shortlisting and Final Selection. Shortlisting is done based on the CAT score, past academic performance, work experience, academic diversity, and gender. Candidates shortlisted based on the composite score will be invited for a virtual interview, which will be the basis for the final selection.
The total fees for the IIT Madras MBA program is approximately Rs. 10 lakhs for the entire course duration of two years. However, the fees are subject to change based on the institute’s discretion.
Yes, IIT Madras offers several scholarships for MBA students based on merit and financial need. Some of the popular scholarships include the Aditya Birla Scholarship, OP Jindal Engineering and Management Scholarship, and HDFC Bank Educational Crisis Scholarship Support.
IIT Madras MBA graduates have excellent job prospects in various industries, including consulting, finance, marketing, and operations. Some of the top recruiters include Deloitte, EY, Goldman Sachs, Amazon, and Hindustan Unilever Limited (HUL). The average salary offered to IIT Madras MBA graduates is around Rs. 15 lakhs per annum, with the highest package going up to Rs. 37 lakhs per annum.
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