What are the scholarships offered by IIT Bombay?

IIT Bombay offers various scholarships including Merit Cum Means Scholarship (Institute Scholarship), Dr. Burjor Godrej Scholarship, Aditya Birla Scholarship, OPJEMS Scholarship, and INSPIRE Scholarship. The details for all the scholarships are mentioned below:Merit Cum Means Scholarship (Institute Scholarship): Offered to candidates with an annual family income less than INR 4.5 lakhs on the basis of JEE Advanced rank. A free tuition fee of INR 25,000 per semester is awarded, along with a benefit of INR 1000 per month.Aditya Birla Scholarship: A scholarship of INR 65,000 per annum is awarded to students who maintain a score of 7.0 and must be in the top 25% of their batch.OPJEMS Scholarship: A scholarship of INR 65,000 per annum is awarded to the top 12 students from each batch from any specialization or stream for all 4 years.INSPIRE Scholarship: Students are offered a scholarship of INR 10,000 every year. The students must have opted for the Natural Sciences courses at the UG or PG level.

What is the hostel fee of IIT Bombay?

IIT Bombay has a residential campus with 17 hostels. Out of which 3 are female hostels, 13 are male hostels, and 1 co-ed hostel. Each hostel has its own mess facilities. The hostel fee is mentioned in the table below:ParticularsFees Per SemesterHostel ChargesINR 8,300Electricity and Water ChargesINR 4,000Hostel Amenities FundINR 1,900Hostel-Mess Security Deposit (One Time)INR 3,000Total Hostel FeeINR 17,200Per Semester Mess AdvanceINR 27,000Total Fees PayableINR 44,200

How are the placements at IIT Bombay?

As per the placement report of 2024, IIT Bombay secured 1475 offers from 364 companies. The average package was INR 23.50 LPA and the median package was INR 17.92 LPA. The research shows the highest package secured was INR 2.2 Cr PA, and 22 students accepted offers of above INR 1 Cr PA. INR 4 LPA was the lowest package secured by IIT Bombay. A total of 258 PPOs and 78 international offers were accepted by the students of batch 2024. The MBA batch of 2024 secured the highest package of INR 72 LPA and the average package stood at INR 28.01 LPA. 47% of MBA students received PPOs with the average package of INR 29.97 LPA.

Is IIT Bombay better than IIT Madras for B.Tech?

IIT Bombay and IIT Madras are both known for their B.Tech courses. However, the better option depends on factors like location, placements, fees, etc. IIT Bombay provides slightly better placement opportunities as it is the financial hub. However, IIT Madras is known for its better research opportunities. Students should choose IITB if they prioritize high placement packages, a strong alumni network, and a more diverse campus culture. Meanwhile, they should choose IITM if they are more interested in research, a strong academic program, a well-maintained campus, and a more affordable location.

How many seats are offered in the M.Tech program at IIT Bombay?

IIT Bombay offers a total of 938 seats for M.Tech under different specializations. The highest number of seats, ie, 131 seats, is offered for Electrical Engineering. 105 seats are available for Civil Engineering, and 100 seats are available for Mechanical Engineering. The institute offers 87 seats for Metallurgical Engineering, 86 seats for Computer Science Engineering, and 78 seats for Chemical Engineering.

How much is the fee for the MDes program at IIT Bombay?

The total tuition fee for the MDes program at IIT Bombay is approximately INR 1 Lakh, according to unofficial sources. SC, ST, PwD students, and children of institution staff are exempted from paying this fee. For General, EWS, and OBC-NCL candidates, there are two fee structures: concessional and non-concessional, mainly affecting the tuition fee. Besides tuition, students must also pay for exams, medical, and other fees. Students not living in hostels do not pay the hostel fee.In addition to the course fees, a registration fee is applicable: INR 300 for General/OBC male candidates and INR 150 for SC/ST/PwD and female candidates.

How does IIT Delhi compare to IIT Bombay for an MTech program?

To determine which is better between IIT Delhi and IIT Bombay for an MTech program, you can consider factors like the ROI (Return on Investment), course fees, and average packages. Here's a comparison based on the NIRF ranking and fee structure:MTech InstitutesNIRF Ranking 2024Total Tuition FeeIIT Delhi4INR 3 Lacs - INR 8.7 lakhIIT Bombay3INR 1.2 Lacs - INR 10 lakhNOTE: The above fees are from unofficial sources and are indicative.

How is the MBA program at IIT Bombay?

IIT Bombay offers MBA programs through its Shailesh J. Mehta School of Management (SJMSOM). MBA programs at IITB are offered under specializations such as Finance, Accounting, Operations, and HR. In addition, SJMSOM also provides technology management with core courses like Technology Policy, R&D Management, and Managing Technology Transfer. The first year fee for MBA is INR 4,33,000 across all the specializations. SJMSOM of IIT Bombay has been ranked 10thby NIRF Ranking 2024 under the Management category and 5thby the QS World Ranking 2024 for Business & Management Studies. In terms of placement, the highest package secured in 2024 was INR 72 LPA and the average package stood at INR 28.01 LPA.

What is the placement rate of IIT Bombay?

IIT Bombay has one of the highest placement rates. However, the placement rate in 2024 was 75% and in 2023 it was 82%. The placement rate had a decline of 7%. The institute secured the lowest package of INR 4 LPA in 2024, a decrease of approximately 33.33% compared to the lowest package of INR 6 LPA secured in 2023.

What is the year-wise trend of average packages at IIT Bombay?

The year-wise trends of average packages secured at IIT Bombay Placement in the last four years is mentioned below:YearAverage PackagePercentage Change2024INR 23.50 LPAIncrease of approximately 7.7%2023INR 21.82 LPAIncrease of approximately 1.49%2022INR 21.50 LPAIncrease of approximately 20.04%2021INR 17.91 LPAN/A

What are the placement statistics of B.Tech students at IIT Bombay?

As per the placement report of 2024, IIT Bombay secured a placement of 83.39% for the B.Tech students of batch 2024. 930 students registered for the placements. 819 students participated out of which 683 students were successfully placed. Companies from IT/Software sector offered the highest no. of jobs, ie, 178 offers followed by companies from Engineering & Technology sector offering 159 jobs. Recruiters from the Finance sector made 80 offers, Consulting sector made 65 offers, and Data Analytics & Data Science sectors, each offered 27 jobs. The AI/ML, Services, and Operations sectors provided the lowest offers, ie, 4 jobs each.

What is the year-wise trend of highest packages at IIT Bombay?

The year-wise trends of highest packages secured at IIT Bombay Placement in the last three years is mentioned below:YearHighest International PackagePercentage Change2024INR 2.2 Cr PADecrease of approximately 40.05%2023INR 3.67 Cr PAIncrease of approximately 74.76%2022INR 2.1 Cr PAN/A

How are the internship placements at IIT Bombay?

Students at IIT Bombay completed 1267 internships in 2024. Out of which, 300 students were offered PPOs and 258 students accepted. The institute conducts internships in two phases: Summer Internships and Winter Internships. In 2024, IITB secured 1178 summer internship offers and 89 winter internship offers. Summer internship offers saw an increase of approximately 22.33% compared to 2023. Meanwhile, winter internship offers saw a decrease of approximately 36.88% compared to 2023.

How are the placements at IIT Bombay in 2024?

Here are the main highlights of the IIT Bombay placement scenario for 2024:Details2024 StatisticsAverage PackageINR 23.5 LPAMedian PackageINR 17.92 LPAPlacement Rate74.53%Registered Students2414Participated Students1979Students Placed1475Offers Accepted1475Offers Made1650Total Recruiters364Offers Above 1 CPA22PPOs Accepted258International Offers Accepted78

How are the MBA placements at IIT Bombay?

IIT Bombay secured a 100% placement for the MBA batch of 2024. SJSOM, Management School of IITB saw a participation of 48 companies, out of which 11 were new recruiters. The highest package secured was INR 72 LPA, an increase of approximately 33.33% compared to 2023. Further, the average package offered was INR 28.01 LPA, a decrease of approximately 3.01% compared to 2023. The average package of the top 25% was INR 38.29 LPA. 47% of the students received PPOs with an average package of INR 26.73 LPA. Top recruiters included JP Morgan Chase & Co, ICICI Bank, Deloitte, PwC, Wipro, Hexaware, Britannia, Loreal, Air India, Cipla, Tata Communications, and Atomberg. Companies from the IT / E-commerce sector offered the highest no. of jobs, ie, 23%, followed by companies from the BFSI & Conglomerate and FMCG / FMCD sectors, each offering 19% of the jobs.

What is the number of students placed during PhD placements at IIT Bombay?

Here are the key details regarding IIT Bombay PhD placements over the last three years:Details202220232024Registered Students177166230Students Participated62131117Students Placed284132Placement Percentage45%31%27.35%Ques. How many offers were made by the recruiters at IIT Bombay Placements? 388 companies participated in the IIT Bombay Placement 2024. Out of which 364 companies made 1475 offers. 78 offers were made from international companies, 775 jobs were offered by Indian MNCs, and 622 offers were made by Indian companies. 106 companies from Engineering & Technology made the highest number of offers, ie, 430 jobs, followed by 84 companies from IT/Software offering 307 jobs.

How many offers were made by the recruiters at IIT Bombay Placements?

388 companies participated in the IIT Bombay Placement 2024. Out of which 364 companies made 1475 offers. 78 offers were made from international companies, 775 jobs were offered by Indian MNCs, and 622 offers were made by Indian companies. 106 companies from Engineering & Technology made the highest number of offers, ie, 430 jobs, followed by 84 companies from IT/Software offering 307 jobs.

IIT Bombay BS Economics: Fees 2025, Course Duration, Dates, Eligibility

Fees (2025 - 2026)	Year 1 (in INR)	Year 2 (in INR)	Year 3 (in INR)	Year 4 (in INR)
Semester	1	2	3	4	5	6	7	8
Tuition Fees	₹100000	₹100000	₹100000	₹100000	₹100000	₹100000	₹100000	₹100000
Admission Fees	₹9200	-	-	-	-	-	-	-
Registration Fees	₹2300	₹2300	₹2300	₹2300	₹2300	₹2300	₹2300	₹2300
Caution Fee *	₹10000	-	-	-	-	-	-	-
Gym Fees	₹2300	₹2300	₹2300	₹2300	₹2300	₹2300	₹2300	₹2300
Miscellaneous Fees	₹4450	₹3150	₹3150	₹3150	₹3150	₹3150	₹3150	₹3150
Semester Wise Fees	₹128250	₹107750	₹107750	₹107750	₹107750	₹107750	₹107750	₹107750
Yearly Fees	₹236000	₹215500	₹215500	₹215500

Fees	Year 1 (in INR)	Year 2 (in INR)	Year 3 (in INR)	Year 4 (in INR)
Semester	1	2	3	4	5	6	7	8
Tuition Fees	₹123350	₹107350	₹107350	₹107350	₹107350	₹107350	₹107350	₹107350
Semester Wise Fees	₹123350	₹107350	₹107350	₹107350	₹107350	₹107350	₹107350	₹107350
Yearly Fees	₹230700	₹214700	₹214700	₹214700

Events	Dates
JEE-Advanced counselling	Jun 03, 2025 - Jul 28, 2025

Categories (2025)	Round 1	Round 2	Round 3	Round 4
General	2312	2312	2312	2312
SC	855	855	855	855
ST	564	564	564	564
EWS	554	554	554	554
OBCNCL	1405	1405	1405	1405

Categories	Round 1	Round 2	Round 3	Round 4	Round 5
General	2282	2400	2400	2400	2408
SC	373	373	373	373	373
ST	222	222	222	222	222
EWS	412	412	412	412	525
OBCNCL	1255	1255	1255	1255	1255
GeneralPwD	144	144	144	144	144

Ranking Agency	Latest	Previous
	#401-500 out of 801 (2020)	#401-500 out of 800 (2019)

Years (2025 - 2026)	year 1	year 2	year 3	year 4
Semester	1	2	3	4	5	6	7	8
Tuition fees	₹100000	₹100000	₹100000	₹100000	₹100000	₹100000	₹100000	₹100000
Admission fees	₹9200	-	-	-	-	-	-	-
Registration fees	₹2300	₹2300	₹2300	₹2300	₹2300	₹2300	₹2300	₹2300
Caution fee*	₹10000	-	-	-	-	-	-	-
gym fees	₹2300	₹2300	₹2300	₹2300	₹2300	₹2300	₹2300	₹2300
miscellaneous fees	₹4450	₹3150	₹3150	₹3150	₹3150	₹3150	₹3150	₹3150
Semester Wise Fees	₹128250	₹107750	₹107750	₹107750	₹107750	₹107750	₹107750	₹107750
Yearly Fees	₹2.36 Lakhs	₹2.15 Lakhs	₹2.15 Lakhs	₹2.15 Lakhs

Admission to IIT Bombay requires clearing JEE Mains and JEE Advanced, followed by a choice-filling process through JoSAA. The faculty is highly qualified, offering personalized attention and resolving doubts in weekly sessions. The student-to-faculty ratio is about 15-16, promoting interactive learning. Tuition is 1 lakh INR per semester, which is lower than private colleges. Financial assistance is available through MCM scholarships, exempting SC/ST students and those with lower incomes from fees.

The total four-year fee is around 12 lakhs, but scholarships can reduce this significantly. Placements are robust, with nearly 100% of students securing jobs. The average package is 23.5 LPA, with top offers reaching up to 4 crores. Companies like Google and Microsoft recruit from the campus. Students are eligible for internships from the second year, with many receiving Pre-Placement Offers. Scholarships for laptop purchases and hostel/mess expenses are also available.

By Collegedunia’s Personal AI

Events	Dates
Registration and Choice Filling, Pre-Payment of JoSAA 2025 [BS]	Jun 03, 2025 - Jun 12, 2025

Years	year 1	year 2	year 3	year 4
Semester	1	2	3	4	5	6	7	8
Tuition fees	₹123350	₹107350	₹107350	₹107350	₹107350	₹107350	₹107350	₹107350
Semester Wise Fees	₹123350	₹107350	₹107350	₹107350	₹107350	₹107350	₹107350	₹107350
Yearly Fees	₹2.31 Lakhs	₹2.15 Lakhs	₹2.15 Lakhs	₹2.15 Lakhs

Why To Join IIT Bombay - Reviews & Rating

4.1

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3(2%)

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Academic

4.5

Faculty

4.3

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4.6

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4.2

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SHREYASH TIWARI

3.7Helpful

BS, Economics

Reviewed on Sep 28, 2024(Enrolled 2024)

IIT BOMBAY: FROM THE EYES OF A STUDENT

Dislikes

Personally, i chose economics and now they are teaching me chemistry and physics lab. So teaching irrelevent things for my branch is what i dislike.

Fees and Financial Aid:

I joined IIT Bombay this academic year on the 25th of July; the tuition fee for a semester for non-SC-ST students is 1 lakh per semester. Hostels + mess fees cost 40 thousand per semester. There are many scholarship opportunities for people who have difficulty paying the fees, especially female students

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prateek biradar

3.8Helpful

Reviewed on Sep 27, 2024(Enrolled 2024)

the ups and downs of the iit bombay or the truth of iit bombay

for general students the tution fees is manditory for the frist year students or for one year they have to pay 119750 for cources like betch and the whole btech will end up in 950000 and expection for the st and sc catogary students because for then the tution fees is free as they come from poor back ground or may be or may not be there is no tution fees for st students

Viral Chhaperwal

4.4Helpful

The Brand of IIT Bombay

1,00,000 Tuition Fee per semester 16,900 Hostel Fee per semester 22,500 Mess Fee per semester Apart from this, roughly 30,000 are taken under the admission fees, security deposits, gymkhana, and medical charges. There are scholarships for SC/ST students and those with a family income of less than 5 lakhs, which includes a complete waiver on tuition fees. Also, scholarships are provided on merit cum income-based criteria. Scholarships are also provided for purchasing laptops and financing hostel and mess charges.

Kulbhushan

3.9Helpful

Reviewed on Jan 3, 2024(Enrolled 2024)

Economics at IIT Bombay

Student Snaps:

Fees without scholarship is high but scholarship is easy to get and amount of scholarship depends on which slab your family income falls into. I generally pay around 70000/year which includes both tuition and hostel fees thanks to the mcm scholarship.

Dheeraj

4.8Helpful

Reviewed on Nov 24, 2022(Enrolled 2022)

One of the best Technical Institute in India

Total fees for four years are around 12 lakhs. Students who belong to SC/ST are exempted from academic fees and also whose parental income is less than 1 lakh are also exempted from tuition fees which are around 1 lakh per semester. Many scholarships are offered here which includes various central government and private scholarships of which information is provided from time to time

Samyak Ajmera

4.6Helpful

Reviewed on Dec 18, 2019

IIT bombay

There is an MCM scholarship which is for a tuition fee waiver. The student with an annual income less than 5 lac are eligible to apply for this scholarship And according to there performance in college and the annual income they are awarded a scholarship

Reviewed on Dec 3, 2019(Enrolled 2020)

MCM ( merit cum scholarship). For freshers, imagery is the basis of family income and their jee rank but in later years it is for family income and CPI. Loan facilities are also provided by the bank with very low interest.

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