IIT Bombay Executive MBA 2027, Fees, Eligibility, Format and Ranking
The IIT Bombay Executive MBA is an 18-month joint Executive MBA from IIT Bombay and Washington University in St. Louis, taught four days a month in Mumbai and costing INR 42 lakh. It is designed for senior leaders. Recent cohorts have averaged 17 years of experience, and no GMAT is required. The next cohort, Cohort 12, starts in January 2027.
This guide explains the IIT Bombay Executive MBA fees, eligibility, format, curriculum, admission process, ranking and how it compares with ISB and IIM executive programmes, so you can decide whether this executive MBA in Mumbai belongs on your list.
In this article
IIT Bombay Executive MBA at a Glance
Element | IIT Bombay Executive MBA |
|---|---|
Full name | IIT Bombay and Washington University in St. Louis Executive MBA |
Offered by | IIT Bombay's Shailesh J. Mehta School of Management with Olin Business School, Washington University in St. Louis |
Degree | Joint Executive MBA from IIT Bombay and Washington University in St. Louis |
Duration | 18 months, three six-month semesters and 20 modules |
Format | Four days a month, Thursday morning to Sunday evening, on the IIT Bombay campus in Mumbai |
International residency | Final modules at Washington University in St. Louis, with sessions in Washington, D.C. |
Eligibility | Bachelor's degree, minimum seven years of work experience including five in a managerial role |
GMAT or GRE | Not listed as a requirement, selection is through the application and an interview |
Fees | INR 42 lakh, including meals, textbooks and lodging for class weekends and the residency, but not airfare |
Average experience | 17 years in the 2025 and 2026 cohorts |
Next cohort | Cohort 12, starting January 2027 |
Who Should Apply for the IIT Bombay Executive MBA?
The IIT Bombay Executive MBA suits business heads, directors, founders and senior functional leaders who want to move from running a function to running a business, without leaving their jobs. It is not an early-career MBA.
The typical IIT Bombay Executive MBA class profile
Batch 10, which began in January 2025, and Batch 11, which began in January 2026, both averaged 17 years of experience. Recent participants have come from companies such as Oracle India, Aditya Birla Group, Reliance Industries, HDFC Bank, Godrej Industries, Apple India and TCS, across technology, manufacturing, finance, consulting, healthcare, energy and consumer businesses.
When a full-time MBA is the better choice
If you have five to ten years of experience and want a career switch through campus placements, a one-year full-time MBA such as ISB PGP or IIMA PGPX usually fits better than an executive MBA. Our guide to regular vs executive MBA explains how to choose.
IIT Bombay Executive MBA Format and Schedule
The IIT Bombay Executive MBA runs for 18 months, with classes four days a month from Thursday morning to Sunday evening on the IIT Bombay campus. That means roughly two working days a month away from the office.
Monthly modules in Mumbai
Over 18 months you complete three semesters and 20 modules. Lodging and meals for class weekends are included in the fee, so participants from outside Mumbai can attend without separate accommodation costs.
The US residency at Washington University in St. Louis
The programme ends with modules at Washington University in St. Louis, with sessions in Washington, D.C. that include the Brookings Institution. Participants pay their own airfare. Plan the time away early, because senior roles rarely make a fortnight abroad easy to arrange at short notice.
IIT Bombay Executive MBA Curriculum
The IIT Bombay Executive MBA curriculum is modelled on Olin Business School's executive MBA and taught by faculty from both institutions, with a focus on enterprise leadership, how decisions work across the whole organisation rather than within one function.
Core courses
Strategic management, organisational behaviour, data and decision models, corporate finance, marketing, financial accounting, operations and managerial economics.
Advanced courses
Leadership, power and influence, competitive strategy, global supply chains, valuation, innovation strategy and customer analytics, among others.
Weighing the IIT Bombay Executive MBA against ISB or IIM options? Book a free profile evaluation with GOALisB to find the executive programme that fits your seniority, goals and schedule.
IIT Bombay EMBA Fees and Return on Investment
The IIT Bombay EMBA fees are INR 42 lakh, with an initial non-refundable deposit on admission.
What the IIT Bombay EMBA fee includes
The fee covers meals, textbooks and lodging for class weekends and the international residency. It does not cover airfare to the United States, and you will need your own laptop.
Is the IIT Bombay Executive MBA worth it?
At this level, the return is rarely an immediate salary jump. It comes from moving into enterprise leadership, building a senior peer network across industries and earning a joint degree from IIT Bombay and a leading US business school. Many participants seek employer sponsorship, so start that conversation before you apply. Our analysis of whether an executive MBA is worth the cost and how an executive MBA actually helps your career will help you build the case.
IIT Bombay Executive MBA Admission Process and 2027 Deadlines
IIT Bombay Executive MBA eligibility
You need a bachelor's degree from a recognised university in India or abroad and at least seven years of work experience, including five years in a managerial role. Employer support, strong English and good computer skills are preferred but not mandatory.
Selection process and interview
Applicants register on the admissions portal and submit their documents. Shortlisted candidates are interviewed by a panel from IIT Bombay and Washington University in St. Louis, sometimes online, with documents verified on the interview day. Selected candidates confirm their place by paying a deposit. With no GMAT or GRE listed, the interview and your record decide the outcome, so prepare to explain the leadership problems you have solved, the scale you have managed and why a joint global degree matters now. Our guide to executive MBAs in India without the GMAT covers other programmes that admit this way.
Application deadlines for the January 2027 cohort
Admissions run in rounds for each January cohort. For Cohort 12, Round 4 was extended to 18 October 2026 and the final round closes in November 2026. If you miss it, plan for the January 2028 cohort and use the time to secure employer support.
IIT Bombay EMBA Ranking and Recognition
The programme reports that it was ranked 24th in the QS Executive MBA Rankings for joint programmes in 2022, 22nd in 2023, 18th in 2024 and 16th in 2025. A steady climb in a global ranking is a useful signal, but for a senior applicant the stronger reasons to choose it are the peer group, the IIT Bombay and WashU brands and the format. Our overview of global executive MBA rankings puts these numbers in context.
IIT Bombay Executive MBA vs ISB and IIM Executive Programmes
Programme | Best suited to | Format |
|---|---|---|
IIT Bombay and WashU Executive MBA | Senior leaders, often 15 years or more, who want a joint global degree | 18 months, four days a month in Mumbai, US residency |
ISB PGPMAX | Senior executives who want the ISB network | Modular, with international immersions |
ISB PGPpro | Mid-career professionals who want ISB while working | Part-time, weekend and online blend |
IIM Bangalore PGPEM | Bangalore-based professionals who want an IIM weekend MBA | Two-year weekend format |
IIMA PGPX or ISB PGP | Professionals ready for a full-time career reset | One year, full time and residential |
For more detail, read our comparisons of ISB PGPpro vs the IIM Bangalore weekend MBA, ISB PGPMAX vs LBS Sloan and Indian vs global executive MBAs, along with our list of the best executive MBAs in India for 2027.
How Senior Professionals Convert Executive MBAs
Senior applicants often assume their record will speak for itself. In our experience at GOALisB, it rarely does without framing. Executive MBA panels want to see how you think about the whole enterprise, not a list of titles. Senior professionals we have worked with have converted ISB PGPMAX and PGPpro and ISB PGPpro with a scholarship by turning long careers into a clear story about the leader they want to become. More journeys are on the GOALisB reviews page.
Frequently Asked Questions
What are the IIT Bombay EMBA fees?
The IIT Bombay Executive MBA costs INR 42 lakh, including meals, textbooks and lodging for class weekends and the US residency. Airfare to the United States is not included.
What is the eligibility for the IIT Bombay Executive MBA?
A bachelor's degree and at least seven years of work experience, including five years in a managerial role. Recent cohorts have averaged 17 years of experience.
Does the IIT Bombay Executive MBA require the GMAT?
No GMAT or GRE score is listed as a requirement. Selection is based on the application and an interview with a panel from IIT Bombay and Washington University in St. Louis.
How long is the IIT Bombay Executive MBA?
It runs for 18 months, with classes four days a month from Thursday to Sunday on the IIT Bombay campus, and ends with a residency at Washington University in St. Louis.
When does the next IIT Bombay Executive MBA cohort start?
Cohort 12 starts in January 2027. Round 4 was extended to 18 October 2026 and the final round closes in November 2026.
Is the IIT Bombay Executive MBA a joint degree?
Yes. Graduates receive a joint Executive MBA from IIT Bombay and Washington University in St. Louis.
What is the IIT Bombay EMBA ranking?
The programme reports that it ranked 16th in the QS Executive MBA Rankings for joint programmes in 2025, up from 24th in 2022.
Plan Your Executive MBA Application
Ready to take the next step? Schedule your free profile evaluation call with GOALisB to compare the IIT Bombay Executive MBA with ISB and IIM options and plan your application, or call +91 7719497187.
Written by Shruti Parashar, founder of GOALisB, ISB PGP alumna (Class of 2006), Stanford LEAD graduate and a Poets & Quants Top 10 MBA admissions consultant globally (2026), with 17 years in admissions consulting. Programme details are drawn from Washington University in St. Louis, IIT Bombay and published programme announcements, and should be confirmed for your intake before you apply.