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 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 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.

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 Scholarship 2025: Amount, Eligibility, Selection Criteria

At IIT Bombay, various scholarships and financial aid options are available to support students based on merit, need, and specific categories. The Merit-cum-Means (MCM) scholarship is offered to students whose family income is less than INR 5 lakhs, providing a tuition fee waiver and additional financial benefits. SC/ST students receive a full waiver on tuition fees, and additional scholarships are available for students with a family income below certain thresholds.

MTech students receive a monthly stipend of INR 12,400 for two years, funded by the Ministry of Human Resource Development, after qualifying for GATE and securing admission. The institute also facilitates student loans through on-campus branches of SBI and Canara Bank, offering reduced interest rates and favorable repayment terms. Various private scholarships, alumni-funded scholarships, and government scholarships, including the National Talent Search Scholarship, are accessible to students. The total cost of education, including tuition, hostel, and mess fees, can reach up to INR 12 lakhs for a four-year program, but scholarships and financial aid significantly reduce this burden for eligible students.

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Sambhav Jha

4.8Helpful

B.Tech, Aerospace Engineering

Reviewed on Mar 13, 2025(Enrolled 2024)

All aspect of IITB sumarised

Fees and Financial Aid:

The year wise fees I am paying is nearly 2,80,000. 2,00,000 is the tution fees. 26,000 is hostel fees, 45,000 is mess fees. 2200 is gymkhana fees 2200 is examination fees, 600 is SAIF(student accident insurance fund) and 1800 is SBF and 2000 is medical fees.

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Pushp Raj Choudhary

4.4Helpful

B.Tech, Mechanical Engineering

Reviewed on Mar 10, 2025(Enrolled 2023)

IIT Bombay insider view

Student Snaps:

Yearly fees around 2 lakh 50000 which includes hostel fee which is around 50000 yearly. For SC and ST candidates institution fees very less. I am from EWS category so some amount of my institution fee is refunded. I am also getting Pradhanmantri Shiksha Nidhi Yojana scholarship which is 40000 yearly.

PRATIKSHA KAPOOR

3.6Helpful

B.Tech, Chemical Engineering

Reviewed on Feb 22, 2025(Enrolled 2022)

Life at IIT Bombay : In and Out

Semester fees is 119000 and an extra 22500 for mess payment for one semester. This is all we need to pay for 1 semester and rst personal expenses are subjective to different people. There are various categories and there are discounts for fees based on that. There is a merit cum need scholarship, various ngo and bank scholorships, scholorships for girls in economically weaker sections. Scholarships :- 1. merit cum means scholarship - this is avaialble for students from conomically weaker sections 2. Institute free studentship- covers tution fees for students from low income backgrounds 3. SC/ST Scholarship - Tutuion fees are fully waived off and additional financtial assistance for mess and hostel fees 4. Loan Facilities General /OBC/ EWS Tutuion fees - 1,00,000 Medical Fees 1950 examination fees 2200 registeration fees 900 gymkhana fees 2200 student benevolent fund 700 student accident insurance fund 300 total 107350 mess and hostel 22500

Bhargava

Reviewed on Feb 19, 2025(Enrolled 2024)

Bhargava's magic

The year wise fee at IIT Bombay is 3,06,000,it is not increasing and fixed for a batch. For general category Tution fee is around 2,14,000 per year , mess fee is 45,000 and the hostel fee is 47,000. For sc/st there is free messing and fee remision of about 2/3of general category fee. Iit Bombay also offers merit cum means scholarship and also institute sc/st scholarship

Yash Dudhade

4.6Helpful

Reviewed on Feb 16, 2025(Enrolled 2024)

Everything is best in iit bombay

Around 3 lakh per year i paid and this is normally all pays. Tution fees is Around 1 lakh, and mess fee is 22,500 per semester For sc st their is no tution fees and also free messing and they can get scholarship easily. A scholarship "named scholarship" gives almost whole amout for those who are eligible and needy. Many private scholarship like Reliance scholarship gives 2 lakh over four year cousre.

Review Rebel

5.0Helpful

Reviewed on Feb 1, 2025(Enrolled 2022)

IIT Bombay

Each semester the tuition fees total upto 119000. Students can get merit cum means scholarships available in the the college or apply to other external ones,most of the needed details are provided by the college itself.

Abhijith kakkulath

Reviewed on Jan 28, 2025(Enrolled 2014)

For the one who are looking for affordable and quality this is the best

As per my vision most of the Academy is increasing their fees as well not giving proper training also seems commercialised and the way of teaching should be changed for better future. Also my personal opinion is our schools and any educational system should be a uniqe in all ways not about teaching what is in the book but the all parts i mean way of behave cultures i believe school is where we decide to get where in future.

naga ganesh

4.3Helpful

B.Tech, Civil Engineering

Reviewed on Jan 15, 2025(Enrolled 2024)

IITB-A NEW LIFE

tuition : 100000 per semester hostel and mess and miscelleneous:70000 per semester for sc,st no tuition fees. merit cum mean scholarship: tuition fee reimbursement that depends on the income that you get anually.

Chiranth

Reviewed on Jan 14, 2025(Enrolled 2024)

Life at IIT Bombay

Fee structure is as follows: 1. Tution fee per semester 100000rs. 2. Hostel fee including water, electricity, sports equipment, gym and other activities per semester 22500. 3. Mess fee per semester 22500 Above is for general category students. For SC/ST Mess is free of cost and further scholarship are provided by the institute and private organisations for accedemic support

Nirmal Rawal

B.Tech, Electrical Engineering

my life at IIT Bombay

for 1st sem it was around 1.6 lakh and from 2nd sem onwards it's 1.42 lakh. tuation fees is 1 lakh and others facilities are for 22000. for sc and st it's like they don't have to pay tuition fees hence their fee is mine minus 1lakh. there available scholarships are remission of fee, mcm, named scholarship and free messing for for sc and st.