IIT Madras MBA

IIT Madras MBA

IIT Madras MBA

The Indian Institute of Technology (IIT) Madras is a public technical university located in Chennai, Tamil Nadu. It is recognized as an institute of national importance and has been consistently getting better ranks among the Indian institutes and universities. It was founded in 1959 with the financial assistance of the former government of West Germany and was the third IIT to be established by the Indian Government. The Department of Management Studies (DoMS), IIT Madras is a business school under IIT Madras and offers a 2-year MBA programme in various streams.

IIT Madras MBA Application Process 2022

Candidates have to become eligible for applying for MBA admission at IIT Madras. The steps involved in filling out the application form for the MBA programme at IIT Madras are given below.

Step 1 - Go to the official website of the Department of Management Studies, IIT Madras - https://doms.iitm.ac.in/.

Step 2 - Search for the "IIT MBA Admission 2022" link from the Events/Announcements section and click on it.

Step 3 - You will be directed to the application page where click on the "new user" button and enter your email ID. The password will be sent to your registered email ID, use it to sign in to your account to continue the application process.

Step 4 - After logging into the dashboard, enter your details and proceed to the next step.

Step 5 - Enter your educational qualification information and mention work experience if you have any.

Step 6 - After completing all the steps mentioned above, proceed to fee payment and complete the application process.

The fee details are given below in tabular format.

Category Application Fee (In Rupees)
General/OBC and Foreign/NRI1,600
SC/ST/PwD800

IIT Madras MBA Selection Process 2022

The detailed selection process of IIT Madras for the MBA programme is given below.

Shortlisting Process

For shortlisting candidates for the Interview, the composite score of the following will be calculated.

  • CAT Score
  • Past Academic Performance
  • Work Experience
  • Academic Diversity
  • Gender

The weightage for each of them is given below in detail.

CriteriaMax Weightage
CAT Score 75%
Gender 3%
Diversity 3%
Degree 6%
SSLC4%
HSC4%
Work Experience 5%
Total 100%

Final Selection

Candidates from all the categories will be shortlisted for the interview based on the composite score obtained by them.

  • The final selection will be done by giving weight to the following components.
    • Interview
    • Composite Score
    • Other Achievements

IIT Madras MBA Fee Structure

The MBA programme fee structure at IIT Madras for candidates of different categories is given below.

Particulars

Fee (Rupees)

Gen/OBC/EWSSC/ST/PwD
Fee for First Semester and Admission 2,41,05041,050
Caution Deposit 2,0002,000
Fee Per Semester (From Second to Fourth) (Rs. 2,24,000/- Per Semester)6,72,60072,600
Medical Insurance Premium 1,6001,600
Hostel Caution Deposit 3,0003,000
Hostel Admission Fee (Rs. 250/- Per Semester for 4 Semesters)1,0001,000
Hostel Establishment A Charges (Rs. 6,000/- Per Semester)26,00026,000
Hostel Establishment B Charges (Rs. 1,500/- Per Semester)6,0006,000
Student Wellness Fee (Rs. 200/- Per Semester)800800
Extracurricular Fee (Rs. 1,500/- Per Semester)6,0006,000
Books30,00030,000
Laptop 40,00040,000
Boarding Charges (Rs. 34,400/- for 2 Years)68,80068,800
Total 10,98,8502,98,850
Semester Abroad Programmes 4,00,0004,00,000
Grand Total 14,98,8506,98,850

IIT Madras MBA Eligibility 2022

The detailed eligibility criteria for pursuing the MBA programme at IIT Madras are given below.

Regular Candidates

  • A valid score in the CAT conducted by the Indian Institutes of Management is required.
  • Graduation or equivalent professional qualification recognized by the UGC in any discipline from a recognized university or institute with first class or 60% marks (55% for SC/ST/PD).
  • Final-year students of the above-mentioned programmes can also apply. But such candidates, if selected, will be admitted provisionally and need to meet all the requirements for the qualifying degree before the commencement of the programme and should submit a provisional certificate of completion of qualifying degree within two months of joining the programme.
  • IIT graduates who have obtained a CGPA of 8 or more will be exempted from the CAT score.

Sponsored Candidates

Company Sponsored

  • It is to be sponsored by their employers and forward their application form through a proper channel.
  • Candidates should have a minimum of 2 years of experience in the sponsoring organization.
  • Also, candidates must have a valid CAT score and completed Graduation or equivalent qualification from a recognized university or institute with an aggregate of 60% marks.

Defence Personnel

  • Defence Personnel is exempted from giving CAT and can apply through respective government agencies.
  • Graduation or professional qualification equivalent to the University degree and is recognized by the UGC in any discipline from a recognized university or institute with an aggregate of 55% marks.

NRI and Foreign Nationals

  • These candidates must have a valid GMAT score.
  • All the candidates should have completed Graduation or equivalent qualification recognized as a University degree by the UGC with an aggregate of at least 60% marks from a recognized institute or university.
  • Final year students of the above-mentioned programmes can also apply provided they meet all the requirements.
  • These candidates are also required to submit copies of their citizenship-related documents obtained from the Indian Embassy.

IIT Madras MBA Important Dates 2022

The important dates for the admission and post-admission process for the MBA programme at IIT Madras are given below.

Events Dates
Announcement of CAT Result 3rd January 2022
Commencement of Online Application Process 5th January 2022
Closure of Online Application Process 6th February 2022
Virtual Interview Last Week of March 2022
Result Declaration Will Be Intimated to the Candidates
Date of Joining 11th July 2022
Orientation and Registration 11th July 2022
Pre-term Classes and Exam14th July 2022
Commencement of Classes 25th July 2022

IIT Madras MBA Placements

The Department of Management Studies (DoMS), IIT Madras has placed almost all the MBA pass outs for the year 2022. The complete information about the placements is given below in detail.

  • The highest CTC offered at the IIT Madras for an MBA graduate was 25.30 Lakhs Per Annum while the average CTC is 16.66 Lakhs Per Annum.

The CTC distribution details are given below.

CTC Distribution Details
Top 10%22.47 Lakhs Per Annum
Top 25%21.62 Lakhs Per Annum
Top 50%20.27 Lakhs Per Annum

The top recruiters of the MBA students at IIT Madras are given below.

Amazon IBM TVS Credit
Accenture ICICI Bank Deloitte
DigitInfosys EY
CORNEXTMahindra Dell
CISCOGenpact Zycus

IIT Madras MBA Rankings

  • It has been ranked 13th in Management in the NIRF Rankings released in 2021.
  • The IIT Madras has been ranked 120 in the Times Higher Education Asia Rankings 2019.
  • It has been ranked 3 out of 100 best institutes according to Outlook India ICARE Rankings 2019.
  • It has been ranked 255 in QS World University Rankings 2022.

IIT Madras MBA Specializations

The Department of Management Studies (DoMS), IIT Madras offers the following specializations in the MBA programme.

  • Marketing
  • Finance
  • HR and OB
  • Information Systems
  • Integrative Management
  • Operations

Scholarships

The IIT Madras encourages meritorious students by providing different scholarships to them. It also helps students who require financial assistance with selective scholarship amounts and fee waivers. The details of scholarships available for students at IIT Madras are given below.

Name of the Scholarship Eligibility Criteria Scholarship Amount
Merit-cum-Means Scholarship (MCM)To become eligible for this, parents' annual income should not exceed Rs. 4,50,000/- per annum.Exemption of 67% of tuition fee. Available for 25% of the admitted students. Renewal for each semester depends on CGPA in the previous semester (should be more than 5 CGPA).
Free StudentshipFor this, parents' income must not exceed Rs. 4,50,000/- per annum.67% of the tuition fee will be exempted under this. It is available for 25% of the admitted students and continuation depends on securing a minimum CGPA in the previous semester.
SC/ST Scholarship The annual income of parents should not exceed Rs. 4,50,000/-.Free messing and Rs. 250/- of pocket allowance for a month will be provided above tuition fee exemption. Candidates have to secure a minimum of 5 CGPA every semester for scholarship continuation.
K.K Jagadguru Sri Chandrasekharendra Saraswathi Endowment AwardIt will be given based on MCM and parents' annual income must not exceed Rs. 5,50,000/-.One-time payment of Rs. 2,500/-
MHRD Scholarship for Single Girl Child According to Government NormsRs. 40,000/- per year

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