Who Can Apply?
Eligibility Criteria
● Working Professionals and Entrepreneurs with a minimum of 3 years of full-time work experience, after completion of graduation, as on June 30, 2024.
● Minimum Age of 24 years as on June 30, 2024 (i.e. must be born on or before June 30, 2000.) There is no upper age limit.
● Holding at least a bachelor’s degree/CA/CS/ICWA or equivalent in any discipline. (Minimum 15 years of study as per the education system in India i.e. 10 + 2 + 3 or 4 as the case may be.), with at least 50 percent marks in aggregate or equivalent CGPA, awarded by any of the recognized universities.
Admission Criteria
● Online IIMA Admission Test (IAT) designed for Online MBA or
● A valid CAT score (CAT score of tests taken within the last 5 years from May 01, 2024) or
● A valid GMAT/GRE score (GMAT/GRE score taken within the last 5 years from May 01, 2024)
- The new GMAT Focus Edition exam scores will also be acceptable.
● For final selection, shortlisted candidates will be invited for personal interview
IIMA Admission Test (IAT)
IAT is an online assessment test tailored for candidates who cannot apply with conventional test scores such as those from CAT, GMAT, or GRE. To opt for IAT within the application portal, CLICK HERE
The IAT will be conducted at specific exam centres across India as well as the IIMA Dubai centre. A list of exam centres is available in the application portal.
The format of the IAT shall be similar to other management aptitude tests. IAT duration shall be 90 minutes and 45 questions shall be asked from the below mentioned three sections:
a) Quantitative Aptitude
b) Analytical Reasoning
c) Verbal Aptitude
To download the Sample Paper of IAT, CLICK HERE.
Reservation
As per Government of India requirement, 27% of the seats are reserved for NC-OBC, 15% for SC, 7.5% for ST candidates, 5% for Persons with Benchmark Disabilities (PwD), and up to 10% for Economically Weaker Sections (EWS). Candidates also need to mark carefully the category to which they belong in the CAT application form.
As defined in The Rights of Persons with Disabilities Act, 2016 (RPwD Act 2016), “person with benchmark disability” means a person with not less than forty percent (40%) of a specified disability where specified disability has not been defined in measurable terms and includes a person with disability where specified disability has been defined in measurable terms, as certified by the certifying authority.
“specified disability” means the disabilities as specified in the Schedule of the RPwD Act 2016.
The categories of disability are:
a) blindness and low vision,
b) deaf and hard of hearing,
c) locomotor disability including cerebral palsy, leprosy cured, dwarfism, acid attack victims and muscular dystrophy,
d) autism, intellectual disability, specific learning disability and mental illness,
e) multiple disabilities from amongst persons under clauses (a) to (d), and
f) other ‘specified disabilities’ mentioned in "The Schedule" of the RPwD Act 2016.
For the purpose of being considered for reservations, the applicable Central Government list as on the last date of CAT registration shall be binding. No subsequent changes will be effective for CAT-2023 and any subsequent selection process of IIMA.
The candidates belonging to categories for which seats are reserved need to note and read carefully the eligibility requirements before applying. It should be noted that while it is the endeavour of IIMA that the candidates belonging to NC-OBC/SC/ST/PwD/EWS categories join the programme in proportions mandated by the law, they have to meet the eligibility criteria and a certain minimum level of performance in CAT and AWT & PI.
Timeline of the Admission Process & Important Dates
Programme Fees & Schedule
Application Fee (non-refundable) – CAT/GMAT/GRE | INR 2,000/- |
Application Fee (non-refundable) - IAT | INR 3,000/- |
Programme Fee * | INR 20,00,000/- |
*The Programme fee excludes the cost of travel and accommodation for the campus modules. The fee will be collected over the course of the programme as per pre-determined installment schedule. |
Installment Schedule
Phases | Dates | Amount (INR) |
Commitment Fee (non-refundable) |
June 28, 2024 |
2,00,000/- |
1st Installment | July 15, 2024 | 3,00,000/- |
2nd Installment | November 15, 2024 | 3,00,000/- |
3rd Installment | March 15, 2025 | 3,00,000/- |
4th Installment | July 15, 2025 | 3,00,000/- |
5th Installment | November 15, 2025 | 3,00,000/- |
6th Installment | March 15, 2026 | 3,00,000/- |
Financing Options
Please click below for loan schemes available from the following Banks : -
ICICI Bank
For exact details please contact the bank/s directly since the interest rates change from time to time.
Please note that this is not a comprehensive list. You are welcome to reach out to any bank of your preference for an education loan.
Connect with Us
Online MBA Programme