Indian Institute of Technology Bombay

PROGRAM BASICS

Master of Management

Shailesh J. Mehta School of Management

IIT Bombay
Powai
Mumbai , India  

Program Web site:

http://www.som.iitb.ac.in/

Status:

Public Institution

Program e-mail address:

admissions@som.iitb.ac.in

Graduate business school is accredited by:

Other

IIT Act of Government of India

Years in which the following programs were founded:

Full-time MBA: 1995
PhD program: 1995

PROGRAM COSTS

Total direct costs (tuition and required fees) of the entire MBA program:

Resident : $  6,667
Recommended annual budget (Resident): $  8,533

PROGRAM LENGTH

Full-time program (months):

22

ENROLLMENT

Graduate business school enrollment

Total graduate business school: 97
Full-time MBA: 86

PhD program: 11

Other graduate degree programs:

N/A

ADMISSIONS

Application Deadlines

17 Oct 2008

Does the program have rolling admissions?

No

Is proficiency in English required for admission?

Yes

Is a minimum score on an English language proficiency test required?

Yes

Other:  0

Minimum paper-based TOEFL score required for MBAs:

NA

Relative importance: Application Elements

GMAT Score:

Not Considered

Resume/Work Experience:

Very Important

Application Essays:

Important

Interviews:

Very Important

Recommendations:

Not Considered

Undergraduate Transcripts:

Very Important

APPLICANTS

Applications (admitted and denied) to the newest class:

26866

Applicants who were accepted to the most recent class:

0.6 %

Admitted applicants who enrolled in the newest class:

60 %

Applicants who were re-applicants from prior years:

50 %

Applicants wait-listed during the last admissions cycle:

50

Wait-listed applicants admitted for the semester to which they applied:

35

Applicant interviews are:

Required

Applicants (admitted and denied) who were interviewed:

100 %

Admitted applicants who were interviewed:

100 %

APPLICANT POOL

International applications received:

0.6 %

Applications from women received:

25 %

Mean base salary forgone:

$  10,500

Median base salary forgone:

$  11,300

CLASS PROFILE

Full-time students in newest entering class (2008-2009) that are:

Female: 8.1  %
International: 2.3  %
Married: 0  %

Ethnicity/US Students in Program

Students from following regions:

Asia: 100  %

Entering North American citizens by region:

Mean months of work experience of newest entering class:

25

Median months of work experience of newest entering class:

24

Middle 80% range of work experience of newest entering class in months:

From:  11
To:  36

Median age of entering class:

24

Mean age of entering class:

24

FINANCIAL AID

Full-time MBAs apply for financial aid through:

Central financial aid office at the university

Full-time MBAs applied for financial aid for the current academic year:

60 %

Full-time MBAs receiving financial aid through school:

60 %

Mean MBA financial aid package for the current academic year:

$  6,667

Median MBA financial aid package for the current academic year:

$  6,667

On what basis are scholarships awarded?

academic merit

a combination of need and merit

Full-tuition scholarships school will award during the upcoming academic year:

0

How does an applicant apply for scholarship consideration?

all candidates are considered for scholarship

Mean scholarships awarded to full-time MBAs in the previous academic year:

$  667

Percentage of second-year students receiving the same or more amount of money in their second year of study:

50 %

Does the school offer a guaranteed loan to all MBAs regardeless of nationality?

No

If so, what is the maximum amount a student can borrow per year?

$  NA

Mean outstanding debt among the most recent graduates from the full-time MBA program:

$  6,667

GMAT

Applicants required to take the GMAT?

No

If not, how are applicants' quantitative abilities checked before enrollment?

Joint Management Entrance Test - It tests Verbal Ability, Quantitative Ability, Logical Reasoning, Data Interpretation skills of student

Mean : NA
Median: NA

Middle 80% range GMAT scores:

From:  0
To:  0

CLASS OFFERINGS

Average students in a full-time MBA core class:

80

Average students in a full-time MBA elective class:

35

Elective courses available to full-time MBA students:

65

Electives that have been added to the full-time program since June 30, 2008:

Applied Industrial Organization

Year of last major change or significant overhaul to the core curriculum:

2006

Concentrations and specializations offered to full-time MBA students:

Accounting

Consulting

E-commerce

Economics

Entrepreneurship

Finance

General Management

Human Resource Management

Industrial Management

International Business

Leadership

Management Information Systems

Manufacturing and Technology Management

Marketing

Operations Management

Organizational Behavior

Portfolio Management

Public Policy

Statistics and Operations Research

Strategy

Supply Chain Management

Joint-degree programs offered to full-time MBAs:

MBA/PhD

Does the school offer an accelerated full-time MBA program?

No

FACULTY

Faculty employed by the B-school:

33

Full-time faculty

Tenured: 15

Adjunct/Visiting Faculty

Non-Tenured: 18

Women on Faculty

Tenured: 3
Non-Tenured: 1

Minority Faculty

Tenured: 0
Non-Tenured: 0

International Faculty

Tenured: 1

Faculty with PhDs

Tenured: 15
Non-Tenured: 10

Faculty who have owned their own business:

7 %

STUDENT LIFE

Professional clubs available to full-time MBA students:

Consulting

Corporate Social Responsibility/NetImpact

Entrepreneurship

Finance

Human Resources

Information Technology

Investment Banking

Manufacturing

Marketing

Nonprofit

VC/ Private Equity

TEACHING/ACADEMICS

Teaching methods used

Case study: 30  %
Experiential Learning: 10  %
Lecture: 30  %
Simulations: 10  %
Team Project: 20  %

Requirements for graduation:

Students must write a complete business plan

Students must have attended a minimum number of classes

Students are required to be fluent in more than one language by graduation

Students must have earned a pre-determined GPA/Letter grade average

Students must complete a company-specific project and present results to relevant parties

TECHNOLOGY

Is there a wireless network in main B-school buildings?

Yes

Technology improvements in the last three academic years:

1) More no. of Computers for student use 2) Installation of Air Conditioner in classroom 3) Access to more no. of electronic databases

ALUMNI

Living MBA alumni:

650

Active MBA alumni clubs

6

Countries in which MBA clubs exist

2

Did school receive an individual gift in excess of $10 million in past academic year?

No

Does the main university offer career placement services for alumni?

Yes

Does the main university have an alumni networking Web site?

Yes

University alumni networking site:

http://www.alumni.iitb.ac.in/

Does the B-School have an alumni networking site:

Yes

Business school alumni networking site:

http://www.som.iitb.ac.in/joomla/alumni/

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 100  %
Graduates not seeking employment: 0  %
Graduates for whom you have no information regarding employment: 0  %

Annual job-searching trips that the school coordinates or participates in:

Destination: Singapore
Month: October
Amount Paid By School: Partial
Destination: Middle East
Month: October
Amount Paid By School: Partial

Primary Source of Job Offer

School-facilitated activities: 100  %
Graduate-facilitated activities: 0  %
No information provided by graduate: 0  %

Companies that recruited second-year MBAs on campus in 2007-08:

53

Companies that posted full-time job offers for MBAs on the school's job boards in 2007-08:

53

Job Offers for 2008 graduates:

Received first job offer by graduation: 100  %
Received first job offer in three months following graduation: 0  %
Received first job offer more than 3 months after graduation: 0  %
Did not report having received a job offer: 0  %

Top recruiting firms and the number of full-time MBAs hired in the past 12 months:

Job-accepting graduates who received a signing bonus:

30 %

Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:

Mean base salary for most recent graduates: $  31,022
Median base salary for most recent graduates: $  32,222
Mean signing bonus for most recent graduates: $  2,222
Median signing bonus for most recent graduates: $  2,067

Graduating students who accepted jobs in the following functional areas:

Consulting: 18  %
Finance/Accounting: 23  %
General Management: 2  %
Human Resources: 0  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 13  %
Management Information Systems (MIS): 30  %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 14  %
Other: 0  %

Graduating students who accepted jobs in the following industries:

Consulting: 18  %
Consumer Products: 13  %
Financial Services: 23  %
Manufacturing: 14  %
Technology: 30  %
Other: 2  %

Graduates who accepted full-time jobs in the following regions:

Africa: 2  %
Asia: 96  %
Middle East: 2  %

Within North America, graduates who accepted full-time jobs in the following regions:

Companies that recruited MBAs for internships on campus in 2007-08:

35

Companies that posted internships for MBAs on school job boards in 2007-08:

35

Top Companies - Internships:

Internships awarded that are paid:

100 %

Mean and median intern compensation per week:

Mean :  111
Median:  111

Average internship length in weeks:

8

SCHOOL COMMENTS

School Comments:

(Assumption: 1 USD = 45 INR) Other Top Recruiters: Standard Chartered, Cummins, Cadbury, ICICI, ITC, Marico, Sun Microsystems, Yes Bank, Sybase, Oracle, Olam International