IIT Bombay's M.Tech students can participate in campus placements starting from their third semester. Each year, top companies like Mahindra Aerospace, Rolls Royce, Airbus, Godrej Aerospace, and Larsen & Toubro recruit students. The highest salary package recorded is 3.67 crore INR, with an average package of 23 lakh INR and the lowest at 10 lakh INR per annum. Around 89% of students find placements, and nearly 90% secure internships with average packages between 24-25 lakh INR annually.
Tech giants such as Google, Microsoft, Facebook, and Amazon often offer software development roles. The aerospace engineering course costs about 30,000 INR per semester, totaling around 1.2 lakh INR for the entire program. M.Tech fees are lower compared to other courses. The institute provides merit-cum-means scholarships based on academic performance and family background, offering 1,000 INR per month for ten months to successful applicants.
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