Admission to IIT Bombay is highly competitive, determined by the GATE exam merit list, with around 800,000 participants annually and only 16% passing. Among these, the top ranks secure spots at IITs, with the top 1% typically admitted to IIT Bombay. The institution has a distinguished faculty of about 900 professors, nearly all holding PhDs, and an average age of 45-50 years. Many senior members have international industry experience. The B.Tech program costs approximately 15 lakh INR over four years, covering hostel, mess, and other expenses, whereas the M.Tech program is notably affordable at around 1.8 lakh INR for two years.
M.Tech students benefit from a monthly stipend of ?12,500, helping them manage tuition and living expenses without additional financial burdens. IIT Bombay is renowned for its impressive placement record, with the average package reaching 22 lakh per annum, the highest among engineering colleges in India.
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