IIT Bombay - Indian Institute of Technology Scholarships and Funding

Merit-cum-Means scholarship:
Merit­ cum­ Means scholarship is awarded to a maximum of 25% of sanctioned Intake of undergraduate students. For Dual Degree, it is available only up to the 4th year. For these scholarships, academic merit as well as means will be taken into account to determine eligibility. Women Merit Scholarship is a special provision for female students of UG programmes only.

1. Students whose parental income is upto Rs. 1 Lakh :
Women -
• Exemption from payment of Tuition fee.
• Scholarship of Rs. 40,000/­ per year.
• Women Merit Scholarship of Rs. 10,000/­ per year.
Others-
• Exemption from payment of Tuition fee.
• Scholarship of Rs. 40,000/­ per year.


2. Students whose parental income is above Rs. 1 Lakh up to 3 Lakhs :
Women -
• Exemption from payment of Tuition fee.
• Scholarship of Rs. 30,000/­ per year.
• Women Merit Scholarship of Rs. 10,000/­ per year.
Others-
• Exemption from payment of Tuition fee.
• Scholarship of Rs. 30,000/­ per year.


3. Students whose parental income is above Rs. 3 Lakh up to 5 Lakhs :
Women -
• Exemption from payment of Tuition fee.
• Scholarship of Rs. 20,000/­ per year.
• Women Merit Scholarship of Rs. 10,000/­ per year.
Others-
• Exemption from payment of Tuition fee.
• Scholarship of Rs. 20,000/­ per year.

National Scholarships (All States):
The National Scholarships are awarded to the students from the respective states. The applications are forwarded through IIT. This scholarship is awarded/renewed every year for which students have to submit their progress report at the beginning of the academic year.

IITB offers various other scholarships as well, For more details please visit https://www.iitb.ac.in/newacadhome/scholar.jsp

Reviews (Showing 6 of 588 reviews)

Overall Rating (Out of 5)

4.6

Based on 389 Verified Reviews

Distribution of Rating

Component Ratings (Out of 5)
Placements
4.6
Infrastructure
4.6
Faculty & Course Curriculum
4.4
Crowd & Campus Life
4.7
Value for Money
4.7
The Verified badge indicates that the reviewer's details have been verified by Shiksha, and reviewers are bona fide students of this college. These reviews and ratings have been given by students. Shiksha does not endorse the same. Out of 588 published reviews, 389 reviews are verified.
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C
Chiranth v | B.Tech. in Aerospace Engineering - Batch of 2028
Reviewed on 20 Jan 2025
Verified
4.8
Placements 5 Infrastructure 4 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Life of a student at IIT Bombay.

Placements: Around 80 to 85 percent of the students in our course department get placed on campus every year. The rest choose higher education. Top recruiters were Boeing, Airbus, HAL, and a few automobile companies like BMW and TATA. Mainly offered roles were lead engineer, production engineer, chief designer, and many more.

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P
Prashant Kumar Si ... | M.Tech. in Computer Science and Engineering - Batch of 2029
Reviewed on 9 Jan 2025
Verified
3.8
Placements 5 Infrastructure 4 Faculty & Course Curriculum 3 Crowd & Campus Life 3 Value for Money 4
The college has beautiful infrastructure and excellent placements.

Placements: IIT Bombay is mainly known for its placement records. Last year, students received offers from international countries like Japan, UAE, Singapore, and Taiwan. The average package of the 2023 batch is around 23 LPA, and the highest package is 3.5 crores per year. The placement percentage is nearly 75%. Students can apply for internships in the third-year summer, and last year, more than 400 students got internships in core companies, and 700+ students got internships in non-core companies.

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Prashabdhi Dilip ... | B.Tech. in Chemical Engineering - Batch of 2026
Reviewed on 11 Jun 2024
Verified
3.2
Placements 3 Infrastructure 3 Faculty & Course Curriculum 3 Crowd & Campus Life 4 Value for Money 3
Take the course, only if you like it.

Placements: 80% of students were placed in this course. The highest might be 24 lpa, and the lowest around 12–13 lpa. The top recruiting company for this course is HUL. Around 50% get internships in random companies and just 1 or 2 in HUL. The top roles are R&D, research fellowships, etc.

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Sushma Kumari | B.Tech. in Computer Science and Engineering - Batch of 2023
Reviewed on 7 Jan 2025
Verified
4.0
Placements 4 Infrastructure 5 Faculty & Course Curriculum 3 Crowd & Campus Life 5 Value for Money 3
As a summary, my college is the best in all aspects, and students love college environment as well.

Placements: Placements are available for students in the seventh semester. The college has a placement team which works so hard for students, and they bring lots of companies to the campus. Last year, around 500 companies visited the campus, and more than 1400 students got placed. The average package offered at IIT Bombay is 23 LPA. From my department, Computer Science, around 307 students have been offered IT/Software jobs by more than 84 companies.

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Abhishek Kumar | B.Tech. in Computer Science and Engineering - Batch of 2028
Reviewed on 6 Jan 2025
Verified
4.0
Placements 4 Infrastructure 5 Faculty & Course Curriculum 3 Crowd & Campus Life 3 Value for Money 5
IIT Bombay provided good placements for many years. It has good infrastructure.

Placements: The placement cell at IIT Bombay is pretty good. In 2023, around 90% of students got placed in the summer campus drive. The average salary package offered is 57 LPA. The highest salary package offered is 1 CPA. The remaining students decided to pursue higher studies or explore more opportunities. Training programs by the TNP cell are good enough for placements.

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Shivam patel | B.Tech. in Electrical Engineering - Batch of 2027
Reviewed on 27 Oct 2024
3.6
Placements 4 Infrastructure 3 Faculty & Course Curriculum 4 Crowd & Campus Life 3 Value for Money 4
No. 1 institute in India is IIT Bombay.

Placements: Approximately 89% students got good placement in top most rated companies in India. Our the highest package is almost 1.50 crore and average package is atleast 40 Lacs. As I know about my institute I think that almost every company in India is coming in IIT Bombay for placement purpose. He tries to take maximum iitian in their company .

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Answered 5 months ago

Yes, IIT Bombay facilitates scholarship schemes to the undergaduate course candidates. The students can apply at the institute with a private scholarship, government scholarship, institute scholarships, and remission of fees. To avail of a scholarship, the aspirants must meet the prescribed eligibil

...Read more

M

Manori Sahni

Contributor-Level 9

Answered a year ago

The institute offers fellowships to PhD students. Additionally, the PhD students also receive a QIP scholarship of INR 6,000 for a duration of two years and INR 6,400 in the third year and INR 10,000 contingency per annum. There are different types of scholarships available such as CSIR fellowship,

...Read more

N

Nishtha Shukla

Contributor-Level 10

Answered a year ago

IIT Bombay offers merit-based scholarships to BDes students. Applications for the scholarships are forwarded through IIT. The available scholarships are further as follows:

  • Institute Merit-cum-Means
  • Free Mess Facilities (SC/ST)
  • Remission of Fees
  • Named Scholarships

N

Nishtha Shukla

Contributor-Level 10

Answered a year ago

Yes, IIT Bombay offers Merit-cum-Means Scholarship to UG students. It is awarded to a maximum of 25% of sanctioned intake. For Dual degree, it is available only up to fourth year. 

Merit Criterion: For new entrants of BDes their UCEED Rank, will be the criterion. In subsequent years, the criterion wi

...Read more

N

Nishtha Shukla

Contributor-Level 10

Answered a year ago

IIT Bombay offers merit-based scholarships. The scholarship is offered based on the performance of the students in the semester exam. Approximately 20% of the students are beneficiaries of the various scholarships are from various endowment funds. Additionally, a few other scholarships are available

...Read more

N

Nishtha Shukla

Contributor-Level 10