IIT Bombay is globally recognized for its education and research excellence, especially in aerospace engineering, focusing on control systems and aircraft guidance avionics. The institute collaborates with organizations like ISRO, DRDO, and Russian Aerospace institutions. Students have opportunities to work part-time as teaching or research assistants, which helps cover tuition, hostel, and canteen fees. Financial support is also available through research associate positions. The campus attracts top multinational companies such as TATA, TCS, Infosys, and Wipro for placements.
Annually, over 400 M.Tech students are placed, predominantly in Engineering & Technology and IT/Software sectors. The highest international salary offered exceeds INR 2.1 Crores per annum, while the top domestic salary is over INR 1 Crore per annum. Key recruiters include Honeywell, ISRO, and Airbus. The M.Tech program fee at IIT Bombay is Rs. 1.39 lakhs, covering tuition and other charges. Scholarships like the Merit Cum Means, IIT Bombay Heritage Fund, Aditya Birla, and OPJEMS are offered, requiring separate applications.
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