IIT Bombay offers a lot more than just academics, so once you enter IIT B, get ready for a life-changing experience. It's always exciting to explore yourself, but here are a few tips:
It is a no-brainer that IIM Ahmedabad is considered one of the finest institutes in terms of infrastructure in the whole of India. In fact, its campus excellency is what made it the shoot location of the Bollywood movie 2 States. It stands better even when compared to one of the best technological institutes IIT Bombay. The main areas where it gives an edge to IIT Bombay are its hostel facilities and supporting infrastructure. For instance
The overall ambiance of the hostels installs a sense of comfort and productivity among the students.
IIT Bombay campus also has several aspects where it gives an edge to IIM Ahmedabad. For instance
All this makes the IIT Bombay campus one of the best in the country. We can conclude that both campuses are excellent in their own parameters. While IIT Ahmedabad offers the best hostel facilities, IIT Bombay has the best campus ambiance.
In 2023, IIT Bombay held Phase 1 placements where students got job offers from many top companies in India and other countries. The highest Indian offer was INR 3.67 crore per year, and the highest international offer was INR 1.31 crore per year. This shows that companies value the education and training provided by IIT Bombay. The average salary offered was INR 23.26 LPA, which is higher than the previous year.
Out of the 1,648 offers received, 1,431 students accepted job offers, which is a great achievement. Many students received job offers with a salary of over INR 1 crore per year, which shows that IIT Bombay provides high-quality education and there is a lot of demand for skilled graduates.
My sister is an IITian however she completed her Engineering from IIT Roorkee instead and not from IIT Bombay. Due to her average JEE Rank, she was admitted to Pulp and Paper Engineering branch only. Only later did she realize that high packages are reserved for very few people, The cream of the batch. Your branch and CGPA largely determine your package.
She faced a terrible situation during her placements. Not even below-average companies considered Pulp and Paper Engineering students. Owing to her interest in Programming, she was offered a job by Patni Computers at 3.6 LPA but with a 2-year bond of Rs. 75,000 (which required you to pay before joining as security). This seemed a bit odd and she decided to join an educational start-up that offered the same package without the bond. Most of her peers had much better packages on hand.
Today, she earns 12 times what she earned during that time and her income is at the same level as those of her peers. Even today she gets offers from people to consider moving to another more established startup at a 50% hike in salary.
Some very important lessons to learn from this are
Go explore, and wait for years until you are successful.
Admission to MTech students is given under 3 categories at IIT Bombay.
Teaching Assistantship
The fees for the first semester is higher than that of other semesters. The estimate is around 50-60k and includes everything; tuition, hostel, and mess. The table below shows the IIT Bombay MTech fees structure (2022) for the first semester only
Total M.Tech Fee for General/EWS OBC Category |
Concessional Tuition Fee - 20,250 Per Semester Non- concessionalTuition Fee - Fee: Rs. 40,250 Per Semester |
Total M.Tech Fee for SC/ ST Category |
Rs. 15,250 Per Semester |
Second and third-semester fees are comparatively lower but the final semester fees rise again mainly due to placement fees and convocation fees.
Hostel Fees: IIT Bombay hostel fee is INR 34,050 which includes Mess caution money, Hostel seat rent, Electricity & water charges, and Mess advance. Thus the total MTech fees remain anywhere between INR 180000 to INR 200000.
If you think this fee is high then here is an important piece of information for you.
TA students get a stipend of around INR 12,400 every month i.e INR 74,400 per semester, which is much better than per semester fee. In 2 years, the student gets roughly INR 2,88,000.
Research Assistantship: Fees for the RA category are different. The duration of MTech for RA students is 3 years and they also get a stipend.
Sponsored category: The fees for these students are the highest and they do not get any stipend as they are sponsored by a company.
The detailed fee structure of IIT Bombay is as follows
Particulars |
Data |
Yearly Fees |
INR 54600 |
Hostel Fees |
17.25k/- year |
Unless you study in an IIT, you will never understand how much the Government invests in an IITian. The semester fees along with hostel fees are more than 20-30k.
The students who got admission through GATE, receive a monthly stipend of around 15k which compensates for the meager fees spent. You can spend the rest of the money on your expenses. Moreover, all the essential commodities are made available on campus that too at reasonable rates. So one can even say that you are studying free of cost with money from the tax-paying public.
Many people tend to emulate the actions of others without much thought or consideration, but you should not be one of them. Choosing IIT Bombay just because others are doing so may not be the best decision for you. However, if you want to join the best institute for your field of study, IIT Bombay is a great choice.
Earlier, students blindly used to follow others to join IIT Kanpur. But now, IIT Bombay is the preferred choice. This is because the best students prefer IIT Bombay over other IITs. As a result, the top companies also prefer to hire students from IIT Bombay, which further improves its statistics, making it even more attractive to the best students.
Apart from that, one of the reasons for choosing IIT Bombay is the presence of the best faculty. The best faculties are attracted more towards IIT Bombay (and then IIT Delhi) because these cities have the best urban infrastructure for their families and children. They also get more consulting and teaching assignments from outside, which enhances their income since the salaries of all IITs are the same. Most professors are reluctant to go to small cities like Kanpur or Kharagpur and prefer Delhi and Mumbai.
Therefore, if you are looking for the best institute for your field of study, and if you value the presence of the best faculty, then IIT Bombay would be an excellent choice for you.
Based on the IIT Bombay placement report for the year 2022, out of the 670 students who were eligible for placement, 582 students participated, and 523 of them secured placements, resulting in a placement rate of 90%.
Additionally, IIT Bombay received a total of 511 job offers during the MTech placements for the year 2023. This number showcases the immense interest and demand for IIT Bombay graduates in the job market, with companies keen to recruit the institute's talented and skilled individuals.
About 80% of students from Aerospace Engineering at IIT Bombay get placement easily. The batch size was 79 students. The highest salary package offered was 5 LPA, and the lowest salary package offered was 2 LPA. Around 60% of students got an internship.
The major firms that visited IIT Bombay for Aerospace Engineering placements were
For the academic year 2021-22, IIT Bombay fees are as follows.
Particulars | Fees payable (INR ) |
One time payment (at the time of admission) | |
Admission fee | 2200 |
Identity Card | 500 |
Provisional Certificate | 500 |
Graduation Transcript fees | 500 |
Medical Examination | 400 |
Student Welfare Fund | 1000 |
Modernization & Upgradation | 2500 |
Refundable Deposits (at the time of admission) | |
Institute Security Deposite | 1000 |
Mess Security Deposite | 1000 |
Library Security Deposite | 1000 |
Total tuition fees for the B.Tech program is INR 9.12 Lakhs.