Question 1

What are the scholarships offered by IIT Bombay?

Accepted Answer

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.

Question 2

What is the hostel fee of IIT Bombay?

Accepted Answer

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

Question 3

How are the placements at IIT Bombay?

Accepted Answer

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.

Question 4

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

Accepted Answer

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.

Question 5

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

Accepted Answer

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.

Question 6

How is the MBA program at IIT Bombay?

Accepted Answer

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.

Question 7

What is the placement rate of IIT Bombay?

Accepted Answer

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.

Question 8

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

Accepted Answer

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

Question 9

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

Accepted Answer

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.

Question 10

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

Accepted Answer

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

Question 11

How are the internship placements at IIT Bombay?

Accepted Answer

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.

Question 12

How are the MBA placements at IIT Bombay?

Accepted Answer

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.

Question 13

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

Accepted Answer

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 - Indian Institute of Technology - [IITB], Mumbai

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