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://acad.iitb.ac.in/academics/scholarship

Reviews (Showing 6 of 618 reviews)

Overall Rating (Out of 5)

4.6

Based on 439 Verified Reviews

Distribution of Rating

Component Ratings (Out of 5)
Placements
4.6
Infrastructure
4.5
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 618 published reviews, 405 reviews are verified.
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Anonymous | Integrated B.Tech. + M.Tech. in Aerospace Engineering - Batch of 2019
Reviewed on 11 Jan 2026
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
IIT Bombay—it's a dream college.

Placements: The campus placements at IIT Bombay are good; we can apply for any company irrespective of our branch. Students are eligible for placements from the 7th semester onwards. There are no companies that visited IIT Bombay but did not offer. The highest package ever recorded was around 4.5cr; it was in Fintech (developing algorithms). 75-80 per cent of the students get placed every year. The college provides good internship opportunities. Companies like Google, Microsoft, Idea Forge, and many more of...

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A
Antriksh Goenka | B.Tech. in Chemical Engineering - Batch of 2029
Reviewed on 30 Dec 2025
Verified
4.2
Placements 4 Infrastructure 4 Faculty & Course Curriculum 3 Crowd & Campus Life 5 Value for Money 5
Absolutely satisfied due to the many opportunities present in this college.

Placements: 70 to 80 percent student got placed and another 5 to 10 percent students do something else. The rest are unplaced. The highest package differs year by year but stays around 1 LPA. The lowest package is around 6 or 7 LPA and the average packages are around 22 to 23 LPA. Top recruiting companies for our course are non core like McKinsey, Accenture, SDE recruiting companies, Consulting like Revolut, Deloitte etc. The internship percentage is not that high and lies around 40 to 50 percent no data fr...

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Swaraj Rathod | B.Tech. in Aerospace Engineering - Batch of 2029
Reviewed on 19 Dec 2025
Verified
4.6
Placements 5 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 5
Excellent placements, world-class faculty, tough but fair academics, & campus life are hard to beat.

Placements: Around 80 to 90 percent of students from our batch opted for placements. Majority of them are successfully placed. While others chose higher studies, research, startups, or civil services preparation. The highest package offered in our course went above 1 crore per annum (international offers). The average package is around 20 LPA to 25 LPA, and the lowest package is around 10 LPA to 12 LPA. Top recruiting companies include Google, Microsoft, Amazon, Goldman Sachs, JP Morgan, Qualcomm, etc. Arou...

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Rupesh Yadav | M.Sc. + Ph.D. in Operations Research - Batch of 2027
Reviewed on 30 Nov 2025
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
IIT Bombay dual degree review.

Placements: The placement in our course is extremely good. The highest package offered in our course is 52 LPA. The average package is around 12 LPA. Top recruiting companies are Devex, Org India, etc. Almost all students got internship offers. Top roles are scientists.

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M
Mukesh Kumar | B.Tech. in Civil Engineering - Batch of 2025
Reviewed on 12 Oct 2025
Verified
4.0
Placements 4 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 4 Value for Money 4
Four years heavenly life.

Placements: During campus placement at my college 90% of students from my department got placed. The highest package offered is 80LPA and the average CTC is something around 12 to 13 LPA. Mass hiring companies for civil services are Godrej and ICICI Bank. 70% got internship. Top role offered was a Data Scientist Role.

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Shlok Nemani | Integrated B.Tech. in Electrical Engineering + M.Tech. in Communication and Signal Processing - Batch of 2024
Reviewed on 9 Aug 2025
Verified
4.6
Placements 4 Infrastructure 4 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Great campus life, and you get to work with top professors in varied domains.

Placements: Placements are really good in the EE branch, with opportunities from all the domains, including Core, Development, CSE, Consulting, and Finance, being thrown open to the students, so no dearth of opportunities. For sure 90% of students get placements and internships, and any student should least worry about those things. You get all the top recruiting MNCs here for the interviews. I feel EE is at a bit of a sweet spot compared to CSE in many regards.

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Answered 2 years 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

Guide-Level 15

Answered 2 years 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

Guide-Level 15

Answered 2 years 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

Guide-Level 15

Answered 2 years ago

The institute offers Merit-cum-Means Scholarship to a maximum of 25% of the sanctioned intake of UG and MSc students. Facilities of Free Messing is also available to SC/ ST students under which they get an exemption from paying the tuition fees. In addition, the Office of the Dean Alumni & Corporate

...Read more

M

Maaz Khan

Contributor-Level 10

Answered 2 years ago

At SJMSOM, a few scholarships are available. About 20% of students receive one of the many scholarships offered by various endowment funds based on their achievement on the semester exams. Additionally, IIT-B offers a few additional scholarships that are available centrally. Additionally, candidates

...Read more

S

Samira Susan Khanam

Contributor-Level 9