Admission to IITs in 2011 required qualifying JEE Mains and then JEE Advanced, with those ranking under 10,000 eligible for IITs. IIT Kharagpur, where the reviewer enrolled with a rank of 4949, charges approximately INR 2.5-3 lakh annually, which includes tuition and living expenses. Fees are subject to change, with current semester fees at INR 142,000. Financial support is extensive, with scholarships covering up to 100% of fees for low-income and SC/ST students, and loans available at competitive rates.
Despite fee hikes, IIT fees remain below private institutions like BITS Pilani. IIT Kharagpur excels in placements, attracting over 200 companies annually, offering roles in consulting, coding, analytics, and more. In recent years, 216 companies provided around 1353 placements to 1277 students, with over 90% securing jobs. Packages range from INR 12 to 22.17 lakh, with a high of INR 2.68 crore. Top recruiters include Google, Microsoft, and Amazon. Internships, an integral part of the curriculum, offer about 700 opportunities yearly, with an average stipend of INR 40,000 monthly.
The Career Development Centre supports training and placement, ensuring strong student outcomes. Scholarships and fee waivers are available for low-income students, with various competitive scholarships funded by government and private organizations. Despite costs, the IIT experience promises a strong return on investment.
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