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 617 reviews)

Overall Rating (Out of 5)

4.6

Based on 405 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 617 published reviews, 405 reviews are verified.
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S
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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Lagan Gupta | M.Sc. in Applied Statistics and Informatics - Batch of 2025
Reviewed on 26 Jul 2025
Verified
4.2
Placements 5 Infrastructure 4 Faculty & Course Curriculum 3 Crowd & Campus Life 5 Value for Money 4
It is a good college with excellent faculty members and infrastructure.

Placements: Around 80-85% of students get placed with a package ranging from 10-45 LPA. The average package ranges from 18-20 LPA. Google, Microsoft, Amazon, Goldman Sachs, and Tata Steel are among the key recruiters. Nearly 70% of students secured internships in top firms like McKinsey, BCG, Morgan Stanley, and Qualcomm. Roles offered are data scientist, analyst, consultant, software engineer, and research associate. Overall, placements at IIT Bombay are excellent and highly competitive.

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Sumit kumar | M.Tech. in Aerospace Engineering (Aerodynamics) - Batch of 2019
Reviewed on 26 Jan 2025
Verified
3.4
Placements 4 Infrastructure 3 Faculty & Course Curriculum 3 Crowd & Campus Life 4 Value for Money 3
Review of student, IIT Bombay.

Placements: The percentage of students placed in this course is so good. More than 70% of students can get placed. The highest and the lowest package offered for my course 4 LPA to 16 LPA. Top recruiting companies are interested in this course. The percentage of students who got internships in my course is 50%.

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F
Fazil Ashraf | M.Tech. in Computer Science and Engineering - Batch of 2025
Reviewed on 9 Jul 2025
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
M.Tech experience at IIT Bombay - Placements, faculty members, and campus life.

Placements: I did my M.Tech in CSE from IIT Bombay in 2025. 95-98% of candidates got placed. The highest package is 46 LPA, average is 30 LPA, and the lowest is 15 LPA. Top companies that come for recruitment are Google, Microsoft, Amazon, and NVIDIA. Approximately 90% of students got placed for internships at Microsoft, Qualcomm, Adobe, and Samsung R&D. Overall, placement support is very good.

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S
Sai | B.Tech. in Metallurgical Engineering and Materials Science - Batch of 2026
Reviewed on 22 Jun 2025
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
It is good because of the faculty. There are good placements every year.

Placements: Good placements are there in our college. The highest package is 3 crores per annum, and the lowest package is 25 LPA. Top recruiting companies for our course are Google, Microsoft, Amazon, Apple, Flipkart and top MNCs. Around 80-90% of students get internships from our course.

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Abinash Tiwari | B.Tech. in Computer Science and Engineering - Batch of 2025
Reviewed on 17 Dec 2024
Verified
3.6
Placements 4 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 4 Value for Money 2
Best facilities and top college.

Placements: IIT Bombay is well known for good placements, training, and good education. Almost 90% of students were placed in our course. The highest package offered in our course is 1.5 crores, and the lowest package offered is 19 to 26 LPA. The average packages offered are 35 to 59 LPA. The recruiting companies are Google, Microsoft, Amazon, Infosys, and IBM. The percentage of students who got internships is 93%. Many roles offered are in development, testing, and software engineering.

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Answered a year 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

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M

Manori Sahni

Contributor-Level 9

Answered a year ago

IIT Bombay offers fellowships to PhD students. Additionally, the PhD students 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, Teaching

...Read more

N

Nishtha Shukla

Guide-Level 15

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

Guide-Level 15

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

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