IIT Madras MBA: Fees, Admission Process 2024, Placements, Ranking, Cut-off

Get in Touch with Us

  • IIT Madras MBA
    Updated at - 17-08-2024 03:44:54 PM Admin

IIT Madras is one of the top-class institutes of higher education in the country. IIT Madras MBA is one of the best courses offered by the Department of Management Studies (DoMS) that was established in 1959 and helps students pursue their careers in the field of Business Administration and Management.  IIT Madras MBA is a full-time 2-year degree of Masters of Business Administration that offers a wide range of specializations and got a ranking of 15 among all the institutes of management by IIRF Rankings 2023.

IIT Madras has a green and beautiful campus of around 617 acres and Its Master of Business Administration (MBA) is one of the well-known and best courses of the institutes that helps students to develop skills along with knowledge in the discipline of business administration. Along with the top-class infrastructure and excellent faculty members, the IIT Madras MBA program accepts entrance-based admission of candidates through the CAT examination.

IIT Madras MBA Highlights 2024

Indian Institute of Technology Madras (IIT) is a well-recognised institution that provides UG and PG programs in a wide range of subjects like engineering, science, management, computer science etc. IIT Madras MBA (Masters of Business Administration) program aims to provide high-quality education and also helps students to develop the required skills and knowledge in the field of Business Administration and Management.

Some of the important highlights of IIT Madras MBA are mentioned in the below table:-

Institute Name

IIT Madras

Program

MBA

Establishment Year

1959

Type of Institution

Government/Public

Location

Sardar Patel Road, Chennai 

Types of Courses Offered

B.Tech / B.Sc / M.Tech / MBA / M.Sc

Campus Size

617 Acres

Admission Procedure for MBA

Entrance-Based (Mainly CAT and GMAT)

Official Website

https://www.iitm.ac.in/

IIT Madras MBA Rankings 2024

IIT Madras MBA has been approved by various recognised bodies like NIRF, Indian Institutional Rankings Framework (IIRF), QS World University Rankings, ARIIA and others. IIT Madras has also been approved by the All India Council of Technical Education (AICTE) and got the grade ‘A’ by NAAC for its better and more effective learning environment.

Some of the rankings gained by IIT Madras are listed below:-

Approved by

All India Council of Technical Education (AICTE)

NAAC Accreditation

A+ grade

NIRF Rankings 2024

1st in top institutes category

IIRF Rankings 2024

17th in overall

QS World University Rankings 2023

250 in world

ARIIA Rankings 2021

1 overall

IIT Madras MBA Important Dates 2024

Some of the important dates regarding the admission procedure of IIT Madras MBA 2024 or IIT Madras MBA Admission 2024 are mentioned below. Candidates are advised to follow these dates regarding the IITM MBA Admission Process:-

Events

Dates (Tentative)

Submission of Online Application Starts

December 2023

Last Date to Submit Online Application

31st January 2024

Interview in Chennai

1st - 3rd March 2024

Interview in Delhi

15th - 17th March 2024

Interview in Kolkata

23rd - 24th March 2024

Declaration of Results

May 2024

IIT Madras MBA Course And Fees 2024

IIT Madras offers a wide range of courses under the Masters of Business Administration (MBA) like Executive MBA and General MBA etc. Some of the IITM MBA courses along with the fees are mentioned below:

Courses Under MBA

Fees (Total)

Executive MBA

INR 9,90,450

MBA

INR 10,03,250

IIT Madras MBA Admission Process 2024

To get admission to IIT Madras MBA a candidate has to start the admission process by filling out an online application form and is required to meet the basic eligibility criteria set by the institution. IIT Madras MBA program admissions are based on the valid scores of CAT and GMAT. Any candidate with a graduation in any discipline with a minimum of 60% score from any recognized university is eligible to apply for the IIT Madras MBA program and a candidate is required to appear CAT or Common Admission Test (for national students) and GMAT/ Graduate Management Aptitude Test (for International students) to be eligible for the admissions.

The step-by-step process of IIT Madras MBA admission is given below:-

  • A Candidate is required to hold a bachelor’s degree with at least 60% marks from a recognized university.
  • A candidate also must possess a valid score in the CAT/GMAT entrance examinations.
  • There is a 5% relaxation of marks provided to the students of the reserved category (ST, SC, OBC, EWS).
  • There are a range of parameters used for selecting the eligible candidates like Entrance scores, work experience, academic performance, gender etc.
  • After the selection in entrance exams, the candidates are required to give a personal interview for the further selection process.
  • After the interview round, the final merit list of students was released consisting of the names of students who got admission to IIT Madras MBA.

IIT Madras MBA Cut-off

IIT Madras MBA is popular for its excellent educational facilities and research in engineering and technology. Its Department of Management Studies (DoMS) is also one of the most reputed departments of IIT Madras for its Master of Business Administration (MBA) course. But one of the most important factors for pursuing an MBA from IIT Madras is meeting the cut-off criteria of MBA entrance exams to ensure that only capable and talented aspirants get the seat. These cut-offs are based on several other factors like CAT score, Work Experience, academic background etc. Some of the cut-offs are mentioned below according to the categories of the candidates.

Category

Cut-offs (in scores) (2021-2023)

General

51.0581

Gen-EWS

37.9045

OBC

40.6872

SC

32.6353

ST

26.6757

PWD

24.778

IIT Madras Reservation criteria 2023 is also mentioned below to better understand the composition of the seat:-

Category

Reservation Percentage %

SC

15%

ST

7.5%

NC-OBC

27%

EWS

10%

PwD

5%

IIT Madras MBA Placements 2024

IITM MBA has outstanding placement records that have given thousands of skilful employees to various well-known companies in the country as well as globally. Indian Institute of Technology provides a good number of placement rates along with skill development, Industrial Training, Mock Interviews etc. for the overall development of students and making them industry-ready.

Some more details regarding IIT Madras placements are listed below:-

Institution

Indian Institute of Technology Madras (IIT Madras)

Course

Master’s of Business Administration (MBA)

Placement Rate

100%

Highest package

INR 29,65,000

Average package        

INR 16,93,000

Minimum package      

INR 16,39,000

No. of companies visited      

30+

Total number of jobs offered

350+

Top Recruiters

Accenture / Mckinsey / Cognizant / Kantar / Dell / Indiamart / HSBC / ICICI Bank

Comparison Between IIT Madras MBA and IIT Delhi MBA

IIT Madras MBA is one of the best courses in the institute offered by the Department of Management Studies (DoMS). Its Master of Business Administration (MBA) provides comprehensive knowledge along with practical skills and training in the field of Management and Business Administration. Here is a positive comparison between IIT Madras MBA and IIT Delhi MBA for a better understanding of the scope and factors that help students choose the best institution to pursue a Master of Business Administration:

Colleges

Indian Institute of Technology Madras (IIT Madras)

Indian Institute of Technology Delhi (IIT Delhi)

About

 

The Indian Institute of Technology Madras was established in 1959 in Chennai, Tamil Nadu. The institute has been globally recognized for providing high-quality technical, management and other courses. With a wide campus of around 620 acres, this institute possesses excellent infrastructure and educational facilities for the students.

The Indian Institute of Technology Delhi is an excellent institute known for its excellence in science, engineering and technology. Established in 1961, mainly located in the heart of South Delhi in Hauz Khas and has a beautiful and wide campus of around 325 acres. This institute provides immense great facilities to its students like modern infrastructure, libraries, and high-quality teaching staff that lead to creating an ideal environment for learning and research.

Established on

1959

1961

Course

Master of Business Administration (MBA)

Master of Business Administration (MBA)

NIRF Rankings 2024

1st

2nd

Exams Accepted for MBA

CAT or GMAT

CAT or GMAT

Highest Package

INR 29,65,000

INR 41,13,000

Average Package

INR 16,93,000

INR 25,82,000

Specializations

  • Executive MBA
  • General MBA
  • Finance
  • Marketing
  • Strategic Management
  • Information Systems
  • Operation Management
  • Telecommunication Systems Management

FAQs (Frequently Asked Questions)

Q. How many seats are there in IIT Madras MBA?

A. Around 68 seats are offered by the Department of Management Studies (DoMS) at IIT Madras for MBA students.

Q. Is it worth doing an MBA from IIT Madras?

A. Yes, it is worth it as IIT Madras is the country's top institute and provides excellent academic and placement facilities to MBA students.

Q. Does IIT Madras have a dress code?

A. No, there is no dress code at IIT Madras for the students.

Q. What is the CAT cut-off of IIT Madras?

A. Generally the CAT cutoff ranges between 93 percentile to 96 percentile in the past few years.

Q. Which branch is best in IIT Madras?

A. The top branches include IIT Madras Computer Science, Management Studies and Engineering branch for their excellent academic results as compared to other branches.