Admission Criteria 2023-25

Admission Procedure for Master of Business Administration Programme (MBA) 2023-25 Batch

Master of Business Administration is the two-year flagship programme of SJMSOM, IIT Bombay that seeks to develop managers for an integrated understanding of all business functions.

Eligible candidates, as per the Eligibility Criteria that are given below can apply online for admission to MBA programme (2023-25 batch) at SJMSOM, IIT Bombay:

[A] Eligibility Criteria for the course Master of Business Administration (MBA) 2023-25 (Domestic Candidates)

1] A Bachelor’s degree or a Master’s degree with at least 60% marks (55% in case of candidates belonging to SC/ST/PWD category) or a minimum CPI of 6.5 (6 in case of candidates belonging to SC/ST/PWD category) out of 10 from the universities incorporated by an act of the central or state legislature in India or other educational institutions established by an act of Parliament or declared to be deemed as a University under Section 3 of the UGC Act, 1956, or possess an equivalent qualification recognized by the Ministry of HRD, Government of India. The bachelor’s degree or equivalent qualification obtained by the candidate must entail a minimum of four years of education after completing higher secondary schooling (10+2) or equivalent.

2] Applicants appearing for final year of the degree and those who have completed the degree requirements and awaiting results can also apply. The applicant should have secured an aggregate of 60% marks (55% in case of candidates belonging to SC/ST/PWD category) or equivalent till the latest exam that has been completed and whose scores are available.

3] CA, CS, CFA, ICWA or FRM, with a first-class Bachelor’s degree in any discipline having secured 60% marks (55% in case of candidates belonging to SC/ST/PWD category) in aggregate (including all years/semesters) or a minimum CPI of 6.5 (6 in case of candidates belonging to SC/ST/PWD category) out of 10.

Admission/Selection Process:

The selection of the candidates for admission to the Master of Business Administration (MBA) programme 2023-25 batch will be carried out in two phases.

In the first phase, the eligible candidates as per the eligibility criteria [A] mentioned above will be shortlisted for Personal Interview (PI) from amongst the candidates, who have applied to the MBA programme.  The candidate must have a valid CAT 2022 score securing a minimum overall percentile score as well as minimum sectional percentile score as mentioned in Table 1.

Shortlisting Criteria for MBA 2023-25 batch:

Candidates securing a minimum overall percentile score as well as minimum sectional percentile score in CAT 2022 as mentioned below in Table 1, will be considered for shortlisting for PI process.

Table 1: Minimum percentile cut-off score to be considered for shortlisting

Please note that the actual section-wise and overall percentile of a short-listed candidate may be higher than the above-mentioned minimum percentile.

Note: Economically Weaker Section (EWS), Non-Creamy Other Backward Classes (NC-OBC), Scheduled Castes (SC), Scheduled Tribes (ST), Person with Disabilities (PWD)

Candidates will be shortlisted for PI (Personal Interview) process based on their composite scores calculated as detailed below.

Phase 1: Composite score to be used for Shortlisting for PI (Personal Interview)

The shortlist of candidates selected for this stage will be based on candidate’s composite score of different parameters whose weightages are as mentioned below.

* 10% weightage will be awarded to female candidates

** 3% weightage will be awarded to post-graduates and 5% weightage will be awarded to professionals.

1.1 Performance in CAT 2022 (70%)

70% weightage will be given to the candidate’s Overall scaled score in CAT 2022. It will be calculated as:

CAT score = (Candidate’s CAT scaled score/198) *70

1.2 Academic Profile (10%):

The formula for calculating the weightage for the academic profile will be as follows:

1.2.1 Class XII or Equivalent (5%)

The score awarded to the candidates will depend on their streams (Science, Commerce, Arts, and Humanities) and will be calculated based on the below-mentioned formulae.

Note:

x is the percentage of marks obtained in Class XII or Equivalent exam rounded off to 2 decimal places.

Marks in all the subjects that appear on the marksheet of the Class XII or Equivalent exam must be considered to arrive at the final percentage irrespective of whether the board considers them to compute the final percentages or not.

Based on the score obtained by the candidate and maximum possible score (for both percentage marks and CGPA/CPI), equivalent percentage of marks will be derived as (Obtained score/ Maximum possible score) *100, irrespective of the formula followed by the respective universities/boards/institutions for the conversion.

For candidates with a 3-year Diploma instead of 12th, the three year average of their Diploma score will be considered for calculating the 12th component.

1.2.2 Graduation degree (5%)

The score will be awarded to the candidates based on the marks obtained in the Graduation Programme and based on the discipline of their course.

The graduates are broadly divided into 3 categories and the score awarded will be calculated based on below-mentioned formulae.

Discipline 1: Engineering, Basic Science and Commerce *

Discipline 2: Professional Degree (CA, CS, CFA, ICWA, FRM) **

 Discipline 3: Medicine and Arts ***

Note:

x is the percentage of marks obtained in Graduation programme rounded off to 2 decimal places.

If a candidate has an integrated master’s degree or dual degree after their 12th standard or equivalent, the university/institute norms for calculating the equivalent bachelor’s degree percentage would be considered for the calculation of their graduation percentage scores.

If any Institution/University awards only grades without providing an equivalent percentage of marks on the grade sheet, the applicant needs to obtain a certificate from the Institution/ University specifying the equivalent marks which needs to be submitted at the time of the interview if the applicant gets shortlisted.

Based on the obtained score and maximum possible score (for both percentage marks and CGPA/CPI), equivalent percentage of marks will be derived as (Obtained score/ Maximum possible score) *100, irrespective of the formula followed by the respective universities/ institutions for the conversion.

For a University/Institution that awards marks in terms of percentages, Overall average of marks secured in all years or whose scores are available will be used to arrive at the final percentage as shown below.

Example of Overall Average Calculation:

1st year – Max marks 500 – Obtained marks 460

2nd year – Max marks 400 – Obtained marks 330

3rd year – Max marks 450 – Obtained marks 380

Overall average will be = (460+330+380) / (500+400+450) * 100 = 86.66%

*  Discipline 1:

BE/B.TECH/B.Arch/BCA/B.Plan.

4 Year Bachelor’s degree in Commerce/ Economics (Accountancy, Auditing, Banking, Business Administration, Business Mathematics, Business Organisation, Economics (all degrees), Economic Development and Planning, Finance, Insurance, Investment Analysis, Public Finance, Secretarial Practices etc.), Hotel & Tourism Management, Vocational Degree in Commerce (B.Com.).

All BS/BSC (Excluding Journalism), B.Pharma, BN (Bachelor Of Nursing), B.STAT., BDS.

BA (Mathematics and Statistics, Economics, Geography, and Geological Sciences)

** Discipline 2:

CA (Chartered Accountancy), CS (Company Secretary), CFA (Chartered Financial Analyst), ICWA (Cost and Works Accountancy) & FRM (Financial Risk Manager)

Note : In cases where the professional degree does not provide scores to the candidates, and only a pass/fail status, the graduation component will be calculated based on the candidates respective undergraduate degree.

*** Discipline 3:

MBBS/MD

B.Des./ BFTech, LLB.

All Arts and Humanities related 4-year Bachelor’s degree in:

Arts/Humanities (Education, Fine Arts (Dance, Drama, Film, Music, Painting etc.), History, Journalism, Languages, Library Science, Literature, Mass Communication, Media Studies, Philosophy, Political Science, Psychology, Public Administration, Social Work/Welfare, Sociology, etc.)

BA (with exception of Mathematics and Statistics, Economics, Geography, and Geological Sciences)

 Note:

If the duration of the Bachelor’s degree is less than 4 years, the candidate must have a Master’s degree.

Master’s degree holders will be classified into one of these 3 disciplines based on their subjects/ fields in their bachelor’s degree programme.

1.2.3 Gender Diversity:

10% score will be awarded to female candidates.

1.2.4 Post Graduate Qualification/Professionals:

3% score will be awarded to Postgraduates candidates (M.Tech/ ME, MD, MS, MA, M.SC, MCA, M.Pharma, M.Plan., M.Arch.,M.Des., M.STAT., M.Com. and Other Commerce/Economics Postgraduate courses) and 5% score will be awarded to Professionals (CA, CS, CFA, ICWA & FRM).

Note : The scores for the professionals will be applicable only if the candidate has completed the entire course. (Eg: CFA level 3, FRM Part I and II etc.)

1.2.5 Work-experience: 5% score will be awarded depending upon the applicant’s duration of relevant work experience.

 Note:

x is the number of months of relevant work experience

Work experience in a coaching centre, working for self-propriety or small-scale business (like retail store etc.), NGO and Petrol Pump will not be considered.

Work experience of more than or equal to 15 days in a month should be counted as 1 month and for less than 15 days, it should be counted as 0.

Currently employed applicants should consider experience period up to 31st December 2022.

Experience letter, first and the latest monthly payslips should be produced at the time of PI.

The final decision regarding all the marks given is at the discretion of the college authorities.

Phase 2: Final Selection: Merit List preparation

The final Merit list of candidates selected for offering admission to MBA programme (2023-25 batch) at SJMSOM, IIT Bombay will be based on candidate’s composite score of different parameters whose weights are as mentioned below.

2.1 CAT 2022 Overall scaled Score (42.5%)

42.5% weightage will be given to the candidate’s Overall scaled score in CAT 2022. It will be calculated as:

CAT score = (Candidate’s CAT scaled score/198) *42.5

2.2 Personal Interaction (42.5%):

SJMSOM, IIT Bombay will give the following weightages

2.2.1 Personal Interview (PI): 42.5 %

Originals and copies (if required) of all certificates must be produced for verification at the time of PI.

2.3 Profile (15%):

The following weightages will be considered for profiling

2.3.1 Graduation:  6%

2.3.2 Work experience:  6%

2.3.3 Extra-curricular Activities:  3%

2.3.1 Graduation:  6%

The graduates are broadly divided into 3 categories and the score awarded will be calculated based on below-mentioned formulae.

Discipline 1: Engineering, Basic Science and Commerce *

Discipline 2: Professional Degree (CA, CS, CFA, ICWA, FRM) **

 Discipline 3: Medicine and Arts ***

The notes in Section 1.2.2 are applicable here as well.

2.3.2 Work-experience:

6% score will be awarded depending upon the applicant’s duration of relevant work experience.

Note:

x is the number of months of relevant work experience

Work experience in a coaching centre, working for self-propriety or small-scale business (like retail store etc.), NGO and Petrol Pump will not be considered.

Work experience of more than or equal to 15 days in a month should be counted as 1 month and for less than 15 days, it should be counted as 0.

Currently employed applicants should consider experience period up to 31st December 2022.

Experience letter, first and the latest monthly payslips should be produced at the time of PI.

The final decision regarding all the marks given is at the discretion of the college authorities.

2.3.3 Extra-curricular Activities (3%)

Note: Only candidates with positions in the top 3 of the respective competition will be considered while providing Extra-Curricular marks. Extra Curricular activity is valid subject to the candidate producing original certificates during verification process of PI.

The final decision regarding all the marks given is at the discretion of the college authorities.

[B] Eligibility Criteria for the course Master of Business Administration (MBA) 2023-25 (International Candidates)

International applicants who hold a foreign passport or OCI/PIO card will be treated as FOREIGN NATIONALS.

1] CAT / GMAT is Desirable.

2] A four-year Bachelor’s degree or a Master’s Degree in any discipline with first class or 60% marks in aggregate (including all years/semesters) or minimum CPI of 6.5 out of 10.

3] CA, CS, CFA, ICWA or FRM, with a first-class Bachelor’s degree in any disciplinehaving secured 60% marks in aggregate(including all years/semesters) or  minimum CPI of 6.5 out of 10.

4] Those appearing for the final degree examination can also apply. The admission in such cases will be subject to their fulfilling the minimum eligibility criteria as stated in (1) or (2) at the time of joining the course.

5] TOEFEL/IELTS is not required for applicants who completed graduation with English as medium of instruction (letter from their Univ. that English was their first language in their education will be required).

6] There is no category-based relaxation (OBC, SC/ST, EWS, etc.) for foreign passport holders.

7] Bank details for NEFT transaction:

Reservation Policy:

SJMSOM IIT Bombay strictly follows the Government of India’s Policy on reservation.

Applicants are advised to check their emails regularly and visit the website for updates on admission related activities.