IIT Patna MBA: IIT Patna offers a special MBA in Finance for professionals who are already working and want to advance their careers in finance. This program is designed for individuals with at least two years of work experience. Students gain in-depth knowledge of financial analysis, risk management, corporate finance, portfolio management, and project management.
Since its establishment in 2008, IIT Patna has grown into a top educational institution in India. With its affordable fee structure, it is considered one of the best MBA colleges in India with low fees. Students aiming for MBA colleges with low fees and good placements often prefer IIT Patna because of its academic excellence and placement opportunities.
IIT Patna MBA Overview
IIT Patna offers an Executive Master of Business Administration (MBA) program. The program is designed for working professionals and requires candidates to have a 10+2+3-year bachelor's degree from a recognized university or institution in any discipline. The duration of the program is a minimum of 2 years (divided into 4 semesters), with a maximum of 4 years.
- The tuition fee is INR 1,02,000 per year or INR 51,000 per semester, including the examination fee.
- Applicants must have a minimum of 50% marks in aggregate (45% for reserved categories) and a valid score from an aptitude test such as CAT, MAT, CMAT, XAT, or GMAT.
Note: Candidates without an aptitude test score need to clear the Executive aptitude test conducted by Manipal University Jaipur.
IIT Patna MBA Admission Dates 2025
The important dates for the MBA program at IIT Patna for the 2025 admissions are as follows:
IIT Patna MBA Admission Dates 2025 |
Event |
Tentative Dates |
CAT 2024 Result Announcement |
December 19, 2024 |
Application Start Date |
January 2025 |
Application Deadline |
February 2025 |
Shortlisting of Candidates |
February/March 2025 |
Interview Rounds |
March/April 2025 |
Final Admission Offer |
April/May 2025 |
IIT Patna MBA Eligibility Criteria
To get into the MBA programs at IIT Patna, you need to meet certain requirements: For Regular MBA Programs:
- You should have a bachelor's degree from a recognized university/institution (10 + 2 + 3 / 4 years).
- Your undergraduate studies should have a minimum aggregate score of 60% (or an equivalent CGPA).
- You must take national-level management entrance exams like CAT, XAT, or GMAT and get a valid score.
For Executive MBA in Finance:
- For this specific program, you need a bachelor's degree with at least 50% marks or an equivalent CGPA.
- You should be a working professional with at least two years of experience.
These criteria are important for getting admission into the MBA programs at IIT Patna.
IIT Patna MBA Admission Process
Here's a breakdown of the steps for getting into the MBA program at IIT Patna: Eligibility:
- You should have a 10+2+3-year bachelor's degree from a recognized university/institution.
- Minimum 50% marks in aggregate (45% for reserved categories).
- You need a valid score from any aptitude test (CAT/MAT/CMAT/XAT/GMAT). If you don't have a score, you can take the Executive aptitude test conducted by Manipal University Jaipur.
Fee Structure:
- The annual fees are INR 1,02,000/- or INR 51,000/- per semester, including examination fees.
- Multiple EMI options are available for payment.
Duration:
- The program is a minimum of 2 years (divided into 4 semesters) and a maximum of 4 years.
- Students are required to put in 18-21 hours of study time per week.
Application Process:
- You need to submit a completed application form with relevant documents before the due date.
- The application process can be started through the IIT Patna website.
Curriculum:
- The program includes core subjects in the first and second semesters.
- Elective courses in the third and fourth semesters are based on chosen specializations like Finance, HR, Marketing, etc.
IIT Patna MBA Document Requirements
To apply for the MBA program at IIT Patna, the following documents are typically required:
- Filled Application form
- Application Fees
- Self-attested copies of:
- Mark Sheets/certificates (from class X to Highest degree obtained/appeared)
- GRE (if any)
- TOEFL/IELTS (if any)
- Certificate related to any fellowship
- Professional experience certificate (if any)
- Any other testimonials
- Photocopy of Passport of 1st & last page
For foreign nationals seeking an internship at IIT Patna, the following additional documents are needed:
- Formal Application for Internship
- Copy of the Academic grade transcripts
- Statement of purpose
- Student’s Resume and Cover letter
- Documentation to prove how you intend to support your stay at IITP
- Three recommendation letters issued by a faculty member
IIT Patna MBA Application Fees
The application fees for the Executive Master of Business Administration (MBA) program at IIT Patna are as follows:
- Annual fees: INR 1,02,000/- or INR 51,000/- per semester, including semester examination fee
- Exam Fees: Rs 4050 per semester.
- Executive Alumni Fees: Rs 6,000 (one time).
- Admission Fees: Rs 5000 (one time)
For the total course fees for the Executive MBA program at IIT Patna, it is mentioned as INR 2,36,000. Additionally, for the regular 2-year MBA program at IIT Patna, the course fee is 95,600 INR a year.
IIT Patna MBA Specialization Offered
IIT Patna offers an Executive Master of Business Administration (MBA) program with dual specialization options. The specializations available for this program are:
- Analytics & Data Science
- IT & Fintech
- Banking, Financial Services & Insurance
- Retail Management
- Strategy & Leadership
- Human Resource (HR)
- Marketing
- Finance
Students can choose any two specializations from the above list to tailor their MBA program according to their career goals.
IIT Patna MBA Selection Process
The following are the steps and details for getting into the Executive Master of Business Administration (MBA) program at IIT Patna: Application Process:
- Submit a completed application form with relevant documents within the specified deadline.
- You can start the application process through the IIT Patna website.
Program Structure:
- The program spans four semesters, with students dedicating 18-21 hours per week to their studies.
- Specializations offered include Marketing, Finance, HR, Analytics and Data Science, Retail Management, BFSI (Banking Financial Services and Insurance), IT and FinTech, or Operations Management.
Fee Structure:
- Annual fees are INR 1,02,000/- or INR 51,000/- per semester, including the semester examination fee.
- Multiple EMI options are available for payment.
Duration:
- The program can be completed in a minimum of 2 years (4 semesters) and a maximum of 4 years.
Curriculum:
- Core subjects are covered in the first and second semesters.
- Elective courses, based on your chosen specialization (e.g., Finance, HR, Marketing), are taken in the third and fourth semesters.
Specializations:
- You can choose a specialization from eight electives offered in the third and fourth semesters, such as Finance, HR, Marketing, etc.
Career Growth:
- The program aims to equip students with advanced business fundamentals and skills, preparing them for leadership roles across various sectors.
IIT Patna MBA Career Growth & Placements
The program equips students with modern business skills, preparing them for roles in finance, marketing, consulting, HR, and IT. IIT Patna graduates secure opportunities in reputed companies, proving it is among the MBA colleges with low fees and good placements in India.
IIT Patna MBA Seat Matrix
The seat matrix for the MBA program at IIT Patna indicates that there are 30 seats available, with 15 seats proposed to be allocated to IIT Patna at present. Students have two options for entry into NITIE from IIT under the dual degree program: Option I allows students to join after completing 7 semesters, while Option II allows entry after completing 8 semesters. The fee structure for the program involves different payment proportions between NITIE and IIT Patna based on the chosen option.
IIT Patna MBA Cut Off
IIT Patna has different cutoffs for admission depending on the program and category you belong to.
Program |
Category |
Opening Rank |
Closing Rank |
Chemical Engineering (JEE Advanced 2023) |
Males |
12874 |
20164 |
Chemical Engineering (JEE Advanced 2023) |
EWS Category Females |
2099 |
3023 |
MTech Mechanical Engineering (2023) |
- |
- |
640 |
B.Tech CSE (2023) |
General Category |
- |
2612-2811 |
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