B.S. in Economics
4.2 /5
2 Student Q&A- Deemed University
- Estd. 1958
B.S. in Economics at IIT Bombay Overview
Duration | 4 years |
Course Level | UG Degree |
Mode of Course | Full Time |
Total Tuition Fees | ₹8.00 Lakh |
Average package | ₹23.50 Lakh |
Official Website | Go to Website  |
Seat breakup | 40 |
Type of University | Deemed |
B.S. in Economics at IIT Bombay Fees
| Fee components | Amount (4 years) |
|---|---|
₹ 8.00 Lakh | |
Hostel fee is calculated on the basis of 1st Semester. Actual amount may vary.
The fees might include components other than hostel fees.
Meal Plan is included in mentioned fee. | ₹ 2.94 Lakh |
One time payment includes Admission Fee, Student Welfare Fund, Institute Security Deposit, and Library Security Deposit | ₹ 16,000 |
₹ 11.10 Lakh |
These are based on information available on various sources. Latest values may differ.
B.S. in Economics at IIT Bombay Placements
| Particulars | Statistics (2024) |
|---|---|
| Average Salary | INR 23.50 Lakh |
| Highest Salary | INR 1.68 Crores |
| Median Salary | INR 17.92 Lakh |
| % Batch placed | 71.43 |
| International Placements (annual) | Total 58 offer's |
Top Recruiters for IIT BombayB.S. in Economics at IIT Bombay Frequently Asked Questions
Q: What is the selection criteria for admission to BSc at IIT Bombay?
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Q: What is the opening and closing rank for B.Sc. in Mathematics at IIT Bombay - Indian Institute of Technology?
Opening and Closing rank depends on the category and quota of candidates. For general category under All India, closing rank was 1191 in 2024. Cut off are differant when it comes to other categories or female candidates and even domicile of home state. In All India, opening and closing rank for female candidates was 3895 and 3895. Admission to B.S. in Mathematics in IIT Bombay - Indian Institute of Technology is based on the scores obtained in the entrance exam JEE. Applicants are advised to confirm what category are they applying while checking for cut offs.
Upvote Q: Which IIT is better than IIT Bombay?
The below-mentioned comparison table showcases IIT Bombay placement 2023 statistics in comparison with other top IITs such as IIT Delhi, IIT Kanpur and IIT Madras:
IIT Name | Highest Package (2023) | Average Package (2023) | Number of Offers (2023) |
|---|---|---|---|
IIT Bombay | INR 3.67 crore per annum | INR 21.82 LPA | 1,788 |
INR 2.5 crore per annum | INR 17.60 LPA | 1,300 | |
INR 1.31 crore per annum | INR 17.00 LPA (median package) | 1,612 | |
INR 1.9 crore per annum | INR 22.07 LPA | 1,200 |
Note: IIT Delhi and IIT Kanpur average package data are not released. Hence, basis NIRF report 2023, the median package offered during IIT Delhi and IIT Kanpur BTech placements 2022 is shown above.
Upvote Q: How can I get admission in IIT Mumbai?
IIT Bombay admission to all the courses is entrance-based (Except for EMBA, where admission is merit-based and performance in the interview round). The IIT Bombay admission process includes the application process, selection round, cutoff, merit list or counselling and other steps. For BTech, candidates have to clear JEE Main and JEE Advanced. Further for other courses such as MTech, MBA, MSc, BDes, and MDes, aspirants need to clear GATE, CAT, IITJAM, UCEED, and CEED, respectively to qualify for further admission rounds.
Upvote Q: Is B.Sc. at IIT Bombay worth the investment?
Based on the feedback from students and alumni, here's a summary of the key points:
Pros:
* Excellent Infrastructure: Modern and well-equipped laboratories, libraries, and sports facilities.
* High-Quality Education: Qualified and experienced faculty members, with a focus on practical learning.
* Good Placement Record: Approx. 88% placement rate, with the highest packages reaching up to INR56 LPA and average packages ranging between INR18-20 LPA.
* Scholarship Opportunities: Availability of scholarships based on family income and merit.
* Research-Oriented Course: Emphasis on hands-on projects and interactions with Ph.D. researchers.
Cons:
* Limited Campus Facilities: Old hostels may require renovation, and some students might feel that the rooms are small.
* Some Faculty Members May Not Be Effective Teachers: While most professors are helpful, some may not be as effective in imparting knowledge.
* Course Curriculum May Need Updates: Some students reported that certain subjects' curricula may not be updated regularly.
Overall Assessment:
Considering the pros and cons, investing in a B.Sc. degree at IIT Bombay appears to be a worthwhile decision. The university offers an excellent education, cutting-edge infrastructure, and strong placement records. Additionally, the availability of scholarships and research opportunities provides a competitive edge for students.
However, it's essential to acknowledge that the campus facilities could improve, and some faculty members may require more effective teaching methods. Nonetheless, these drawbacks seem manageable considering the program's strengths.
Ultimately, whether or not B.Sc. at IIT Bombay is "worth" the investment depends on individual priorities and goals. For those seeking a rigorous academic experience, strong networking opportunities, and career advancement prospects, IIT Bombay's B.Sc. programme seems like a valuable investment.
Upvote B.S. in Economics at IIT Bombay Entry Requirements
- 75%
- Read moreCandidate must satisfy at least one of the following two criteria with Physics, Chemistry and Mathematics as compulsory subjects in the year of first appearance in the Class XII (or equivalent examination), i.e. in either 2023 or 2024: Candidate must have passed class 12th or equivalent examination with a minimum of five subjects and with the mentioned marks in aggregate (65% for PwD candidates) from a recognized board. OR Candidate must have passed class 12th or equivalent examination with minimum of five subjects and be within the category-wise (category as per the central list) top 20 percentile of successful candidates in their respective Class XII (or equivalent) board examination. Other mandatory Criteria: Candidate who had appeared in Class 12th or equivalent examination for the first time in 2022 or earlier, are NOT eligible to appear irrespective of the combination or number of subjects attempted/offered. However, if the exam Board of Class 12th or equivalent declared the results for the academic year 2021-22 on or after September 21, 2022, then the candidates of that Board who appeared for their Class 12th or equivalent exam in 2022 are also eligible appear in JEE (Advanced) 2024, provided they meet all the other eligibility criteria. In case the exam Board of class 12th or equivalent declared the results for the academic year 2021-22 before September 21, 2022 but the result of a particular candidate was withheld, then the candidate will not be eligible to appear in JEE (Advanced) 2024. NOTE: List of Qualifying Examinations (QE): - The final examination of the 10+2 system, conducted by a Central or State Board recognized by the Association of Indian Universities (AIU). - Intermediate or two-year Pre-University examination conducted by a Board or University recognized by the Association of Indian Universities. - Final examination of the two-year course of the Joint Services Wing of the National Defence Academy. - Senior Secondary School Examination conducted by the National Institute of Open Schooling with a minimum of five subjects. - Any Public School, Board or University examination in India or in a foreign country recognized as equivalent to the 10+2 system by the AIU. - H.S.C. vocational examination. - In case the Class XII examination is not a public examination, the candidate must have passed at least one public (Board or Pre-University) examination earlier.
- N/A
B.S. in Economics at IIT Bombay Admission Process
- CounsellingAdmission is through JoSAA counseling based on the rank obtained in JEE Advanced.
B.S. in Economics at IIT Bombay Cutoffs
3JEE Advanced round-wise cutoff Rank: (General-All India)
| Round | 2022 | 2023 | 2024 |
|---|---|---|---|
| 1 | 2107 | 2102 | 2282 |
| 2 | 2107 | 2102 | 2400 |
| 3 | 2107 | 2102 | 2400 |
| 4 | 2107 | 2102 | 2400 |
| 5 | 2107 | 2102 | 2408 |
| 6 | 2107 | 2102 | - |
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Q: Is it compulsory to stay in hostel in IIT Bombay?
No, it’s not compulsory for regular scholars to stay in the hostel for studying at IIT Bombay. Also, not every student gets a hostel facility. However, students who get enrolled in summer and winter internships have to stay in a hostel during the tenure of their internship. Interns who get the hostel are required to complete the formalities such as registration, payment of internship fees, etc., with the academic office of the institute.
Upvote Q: What rank is required to get admission in IIT Bombay?
Firstly, candidates need to secure a rank in nearly the top 2,00,000 (including all categories) students in JEE Main. Only these students get a chance to sit for JEE Advanced and become eligible for admission to IITs. In the JoSAA Counselling 2023, BTech CSE closing rank was 67, followed by Electrical Engineering at 481 and was the lowest for BTech Metallurgical Engineering and Material Sciences at 4649. For more BTech specialisations cutoff and closing rank details, click here.
Upvote Q: How are the overall placements at IIT Bombay?
The key highlights of IIT Bombay placements 2024 as compared with previous two-year placement data are presented below:
Particulars | Placement Statistics (2022) | Placement Statistics (2023) | Placement Statistics (2024) |
|---|---|---|---|
Highest domestic package | INR 180 LPA | INR 168 LPA | NA |
Highest international package | INR 210 LPA | INR 367 LPA | NA |
Average package | INR 21.5 LPA | INR 21.82 LPA | INR 23.5 LPA |
Median package | NA | INR 16.66 LPA | INR 17.92 LPA |
Placement rate | 89% | 82% | 74.53% |
Registered students | 2055 | 2174 | 2414 |
Participated students | 1612 | 1845 | 1979 |
Students placed | 1441 | 1516 | 1475 |
Offers accepted | 1441 | 1516 | 1475 |
Offers made | 1878 | 1788 | 1650 |
Total recruiters | 332 | 324 | 364 |
Offers above 1 CPA | NA | 16 | 22 |
PPOs accepted | 201 | 194 | 258 |
International offers accepted | 66 | 65 | 78 |
Upvote Q: What is the placement scenario at IIT Bombay?
The key highlights of IIT Bombay placements 2024 are presented below:
Particulars | Placement Statistics (2024) |
|---|---|
Average package | INR 23.5 LPA |
Median package | INR 17.92 LPA |
Placement rate | 74.53% |
Registered students | 2414 |
Participated students | 1979 |
Students placed | 1475 |
Offers accepted | 1475 |
Offers made | 1650 |
Total recruiters | 364 |
Offers above 1 CPA | 22 |
PPOs accepted | 258 |
International offers accepted | 78 |
Upvote Q: Can I join IIT Bombay after Class 12?
Admission to the institute after Class 12 is open for BTech, BS and BDes courses. After completing Class 12, candidates must qualify JEE Main, JEE Advanced followed by the JoSAA Counselling for BTech and BS courses. For BDes, UCEED score is required for admission.
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B.S. in Economics at IIT Bombay Contact Information
IIT Bombay, Main Gate Road, IIT Area
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