IIT Kharagpur MBA 2024: Fees, Admission Process, Placements, & Ranking

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  • IIT Kharagpur MBA
    Updated at - 14-08-2024 04:41:25 PM Admin

Indian Institute of Technology Kharagpur (IIT Kharagpur) offers an esteemed MBA program that blends technical rigor with management skills. Located in Kharagpur, West Bengal, IIT Kharagpur was established in 1951 and is one of the oldest and most prestigious institutions in India. Spread across 2,100 acres, the campus features world-class facilities and a vibrant student community.

As a government institution, the IIT Kharagpur MBA program is highly regarded and consistently ranked among the top in India. The program has been approved by the Department of Education, making it more credible and exciting.

Admissions to IIT Kharagpur's MBA programme are based on CAT scores. Aspirants to the IIT Kharagpur, MBA program must have at least 90–98% in their CAT scores in order to clear the cutoff. IIT KGP leverages its VGSOM to provide an MBA program. The candidate's performance in the online PI process, CAT 2023 results, and cumulative application rating (AR) score will all be taken into consideration while making the final admission offers for the IIT KGP MBA program.

IIT Kharagpur MBA: Highlights 2024

The MBA program is the flagship postgraduate offering at the Indian Institute of Technology (IIT) Kharagpur. With a strong focus on innovation and leadership, the program spans two years and is situated on the expansive 2,100-acre IIT Kharagpur campus. It consistently ranks among the top MBA programs in India and is approved by AICTE. Many applicants apply each year, for the MBA program at IIT Kharagpur. The IIT Kharagpur MBA program's highlights are as follows:

Department Name

IIT Kharagpur

IIT Kharagpur Ranking

Ranked 14th in NIRF Ranking for Management Category

Campus Location

Hauz Khas

IIT Kharagpur MBA Fee

INR 10,46,000

Highest Package

INR 43,37,000 Per Annum

Average Package

INR 18,08,000 Per Annum

Top Recruiters

  • Accenture
  • Amazon
  • IBM
  • Tiger Analytics
  • Wipro
  • Zypp
  • HP
  • ICICI Bank
  • ITC
  • JusPay
  • Optum
  • PWC
  • Texas Instruments

IIT Kharagpur MBA Ranking 2024

IIT Kharagpur MBA is ranked amongst top 3 IIT MBAs in India. IIT Kharagpur MBA ranking by IIRF is 18 out of 46 in India in 2024 and it was ranked 20 out of 44 in India in 2023. IIT Kharagpur MBA NIRF ranking is 12 out of 125 in India in 2022 and it was ranked 9 out of 100 in India in 2021. Here are all the details:

Ranking Bodies

Ranking

IIT MBA Ranking in India

3 In all over India

IIRF Ranking

18 out of 46 in 2024

20 out of 44 in 2023

NIRF Ranking

12 out of 125 in 2022

9 out of 100 in 2021

Here are some other IITs with their rankings:

IITs

NIRF 2023 Rankings – Management

IIT Delhi (DMS)

5

IIT Bombay (SJMSoM)

10

IIT Madras (DoMS)

15

IIT Roorkee (DoMS)

18

IIT Kanpur (DIME)

23

IIT Kharagpur MBA Important Dates 2024

MBA important dates for admission process released by the IIT Kharagpur on its official website. It is essential to track important dates related to MBA exams and the IIT Kharagpur MBA admission process for candidates who are interested in joining the university. These are as follows:

Events

Dates

Announcement of CAT results

21 December 2023

Commencement of IIT KGP MBA application

22 December 2023

Last date to apply

12 February 2024

PI Schedule 1

2 March – 4 March 2024

PI Schedule 2

9 March – 11 March 2024

PI Schedule 3

22 March – 25 March 2024

Announcement of final results

1 May – 5 May 2024

IIT Kharagpur MBA Eligibility

As per the Vinod Gupta School of Management, the candidates must fulfil the following criteria for IIT Kharagpur MBA eligibility:

  • The aspirant should have completed their graduation degree of a minimum 4 years duration in a technical or pharmaceutical field.
  • Candidates with postgraduate degrees in the fields of science, economics, or commerce are also eligible.
  • The candidates belonging to the general, EWS, and OBC categories must have obtained a minimum of 60% marks or a CGPA of 6.5 out of 10 in their undergraduate degree from a recognised university.
  • SC, ST, and PwD category students have a relaxation of 5% marks. Hence, they must have obtained 55% marks or a CGPA of 6 out of 10 to qualify for IIT Kharagpur MBA eligibility.
  • The eligible candidates are then shortlisted based on the scores obtained in the CAT examination.

IIT Kharagpur MBA Fees & Courses 2024

The program spans for two years, and is among the top management courses in India. There is also an Executive MBA program for professionals, which has been run for over three years with a total fee of INR 6 lakhs. Scores obtained in the CAT examination play a major role in the admission process. The fee range for these courses is within INR 10.46 Lakhs. Hеrе is a brеakdown of thе IIT Kharagpur MBA Courses and fees:

MBA (Master of Business Administration)

The MBA course at Vinod Gupta School of Management, IIT Kharagpur, is a two-year full-time program that costs a total fee of INR 1,65,000 for the first year. The NIRF ranks it 12th among top 125 institutions. It has a strong curriculum, and any graduate who secures a minimum of 50% in CAT scores is eligible to apply for the program. The table below shows the IIT Kharagpur MBA fees structure.

Eligibility Criteria:

  • The candidate must have completed a bachelor's degree or equivalent education.
  • A minimum cumulative score of 60% or a 6.00 CGPA in the qualifying degree is required.

Course

Duration

Fees

MBA

2 years

INR 10,06,000

Executive MBA (Executive Master of Business Administration)

The Global EMBA offered and recognized at IIT Kharagpur takes three years of completion, it is intended for working managers. It is ranked at 16th position by Business Today. With a median salary of INR 18.08 LPA, this program offers high ROI. The total tuition fee is INR 6 Lakhs, making it a competitive choice for executives seeking advanced management skills.

Eligibility Criteria:

  • The candidate must have completed a bachelor's degree or equivalent education.
  • A minimum cumulative score of 60% or a 6.00 CGPA in the qualifying degree is required.
  • A minimum of 3 years of professional work experience after completing the Bachelor's degree is required.

The table below shows the fees structure for IIT Kharagpur Executive MBA program:

Course

Duration

Fees

EMBA

2 years

INR 18,08,000

IIT Kharagpur MBA Cutoff

IIT Kharagpur MBA cutoff is crucial in deciding the admission of students to the MBA course programs. Along with fulfilling the eligibility criteria, candidates must score well within the cutoff range. Admission to these course programs is given based on scores obtained in the CAT examination. The past trends of the IIT Kharagpur MBA cutoff suggest high competition with a consistent cutoff of 90 percentile in 2022 and 2023. IIT Kharagpur’s MBA cutoff for CAT was 90 percentile in 2021 as well.  

Course

Accepting Exam

IIT Kharagpur MBA Cutoff 2022

IIT Kharagpur MBA Cutoff 2023

MBA

CAT

90

90

 

IIT Kharagpur MBA Admission

The students should have an excellent past academic record and merit scores in the national-level CAT entrance exam to get admission to the MBA course. IIT Kharagpur MBA admission process is as follows:

  • Visit the Official Website of IIT Kharagpur.
  • Click on the “Online Application” link.
  • Select the “Register” tab and enter the necessary details accurately.
  • Candidates will receive their unique login credentials after completing the registration process.
  • Sign in using the generated credentials.
  • Access the application form and provide personal details, CAT scores, and educational qualifications.
  • The candidates must pay the application fee according to their category. 

IIT Kharagpur MBA Placement

The enrolled students at IIT Kharagpur MBA receive several opportunities for career growth within and outside India. Recruiters from Accenture, American Express, Groww, Tata AIG Insurance, EXL, and Fractal attended the 2023  IIT Kharagpur MBA placement drive. IIT Kharagpur MBA’s average package was INR 18.08 LPA.

Course

Average Package

Highest Package

Top Recruiters

MBA

INR 18,08,000

INR 43,37,000

  • Accenture
  • American Express
  • Groww
  • Tata AIG Insurance
  • EXL
  • Fractal

IIT Kharagpur MBA FAQs

1. What was the highest package at IIT Kharagpur MBA?

The highest package grabbed by students enrolled in IIT Kharagpur MBA was INR 43.37 LPA.

2. What is the NIRF ranking of the IIT Kharagpur MBA?

In 2023, IIT Kharagpur MBA's NIRF ranking was AIR 14 in the Management category.

3. Where is the IIT Kharagpur MBA campus?

The MBA course programs at IIT Kharagpur are offered by the Vinod Gupta School of Management located at Hauz Khas in New Kharagpur.