IITB alumus contributes Rs 1.25 crore to endowment fund

1 min readUpdated on Jul 20, 2021 17:41 IST
An alumnus of IIT Bombay, Nivesh Kumar, has donated Rs 1.25 crore to the ‘Industrial Engineering and Operations Research (IEOR) Alumnus Endowment Fund’. Nivesh is a 2006 MTech alumnus from IIT Bombay’s Industrial Engineering and Operations Research, one of the first interdisciplinary programmes at IIT Bombay.

An alumnus of IIT Bombay, Nivesh Kumar, has donated Rs 1.25 crore to the ‘Industrial Engineering and Operations Research (IEOR) Alumnus Endowment Fund’. Nivesh is a 2006-batch MTech alumnus from IIT Bombay’s Industrial Engineering and Operations Research, one of the first interdisciplinary programmes at IIT Bombay. 

Nivesh is currently working as a systematic portfolio manager at a company in Singapore. The ‘IEOR Alumnus Endowment Fund’ aims at using fundamental research as a medium to encourage academic excellence and scholarship at IIT Bombay. The fund comprises awards, scholarships, fellowships and grants awarded to selected students and faculty to attract, retain and support talent that pursues excellence through fundamental research. 

Nivesh said, “India has a huge talent pool which is deserving of global prominence. It is increasingly important to provide exposure and opportunities to deserving students so that they can realise their potential. The objective of the endowment is to nurture a culture of in-depth research for students and faculty in the IEOR.” 

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Meanwhile, Prof Subhasis Chaudhuri, Director, IIT Bombay, said, “It is true to the institute’s mission to create an ambience in which new ideas, research and scholarship flourish and from which the leaders and innovators of tomorrow emerge. We are grateful to Nivesh Kumar for his generous contribution, which will help this cause.” 

IIT Bombay has 15 academic departments, 32 centres, two schools and four Interdisciplinary programmes. Over the last six decades, more than 60,000 engineers and scientists have graduated from the institute.

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hi,

No, you cannot get admission into B.Tech (Aerospace Engineering) at Indian Institute of Technology Bombay without taking Joint Entrance Examination Main. JEE Main is the mandatory first step to qualify for Joint Entrance Examination Advanced, which is the only entrance exam for IIT admissions. Wi

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Five months is tight, so your prep needs to be sharp and disciplined. Focus on high-weightage topics in Physics (mechanics, electromagnetism), Chemistry (organic + physical), and Maths (calculus, algebra). Solve previous years’ Joint Entrance Examination Advanced papers—this is non-negotiable. Ta

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For admission into Indian Institute of Technology Bombay (often called IIT Mumbai), the required rank in Joint Entrance Examination Advanced depends on the branch and your category. For top branches like Computer Science, you typically need a rank within ~1–70 (General category). For Aerospace En

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Answered 17 hours ago

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Yes, Indian Institute of Technology Bombay offers a B.Tech program in Aerospace Engineering (not called “aeronautical,” but it covers both aeronautics and space-related studies). The program focuses on aircraft, spacecraft, propulsion, aerodynamics, structures, and flight mechanics. It is one of

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IITs do not offer lateral entry into B.Tech programs. Admission is only through first-year entry via Joint Entrance Examination Advanced, after qualifying JEE Main. Even diploma holders must follow this same route and start from 1st year, not 2nd year. Aerospace engineering at IIT-B is highly com

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Answered 17 hours ago

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Top recruiters for aerospace engineering at Indian Institute of Technology Bombay include a mix of core aerospace, defense, research, and high-tech companies. Core recruiters often include Indian Space Research Organisation, Defence Research and Development Organisation, Hindustan Aeronautics Lim

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Answered Yesterday

An SC student needs about 200–250+ marks and a rank under 700 to get Aerospace at IIT Bombay.

SC rank needed → around under 700

 Marks needed → roughly 200 – 250+ (approx)

 Aerospace at Indian Institute of Technology Bombay is highly competitive, so:

Below 200 → very low chance

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IIT Bombay tuition fee costs around INR 21,300 - INR 14.9 L. The fee excludes other components including application fee, examination fee, security deposit, etc. The fee is taken from the official website. It is still subject to change. Candidates must check the official website before applying.

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