Content Curator | Updated on - Apr 8, 2026

The Bachelor of Science [BS] in Economics at IIT Kanpur is a prestigious 4-year, full-time, on-campus undergraduate programme offered by the Department of Economic Sciences - the first economics department among all IITs. Admitted through JEE Advanced via JoSAA counselling, the programme offers 52 seats and is highly quantitative, emphasising mathematical and statistical treatment of economics. The total fee is approximately Rs. 9.19 lakhs (excluding hostel). The programme is unique in that no prior knowledge of economics is required; students are introduced to economics from the ground up. Students who meet eligibility criteria can opt for an additional 1-year MS programme in Economics, making it a 5-year BS+MS pathway. The programme is popular among students interested in finance, consulting, civil services, and research.

Admissions for the 2026 batch are upcoming via JEE Advanced 2026 (exam date: May 17, 2026) followed by JoSAA 2026 counselling. JEE Advanced 2026 registration opens on April 23, 2026. JoSAA registration and choice filling is expected to begin in early June 2026.

Key Points

First economics department among all IITs, with 26 permanent faculty members covering a broad range of fields
No prior knowledge of economics required; the programme introduces economics from the ground up
Highly quantitative programme with strong emphasis on mathematical and statistical methods
Students can opt for a BS+MS dual degree by spending one additional year after BS completion
Strong alumni network with graduates at top global universities (MIT Sloan, LSE, Yale, Columbia, etc.) and in civil services (IES, IAS)
The programme covers microeconomics, macroeconomics, econometrics, development economics, financial economics, public policy, and more
Students can also pursue a Double Major or Minor in another subject

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IITK BS Economics Fees

The total fee for BS Economics at IIT Kanpur is approximately Rs. 9.19 lakhs for the 4-year programme (excluding hostel). The tuition fee is Rs. 1,00,000 per semester (Rs. 8,00,000 total for 8 semesters) for General/OBC category students with annual family income above Rs. 25 lakhs. SC/ST/PwD students and those with annual family income below Rs. 1 lakh pay zero tuition fee.

Fee Components

Fee Component	Amount (Rs.)
Admission Fee (one-time, non-refundable)	5,200
Security Deposit (one-time, refundable)	26,000
Semester Fee (per semester)	10,960
Semester Fee (8 semesters total)	87,680
Hostel Charges - MEC (per semester)	14,000
Hostel Charges (8 semesters total)	1,12,000
Tuition Fee - General/OBC (per semester)	1,00,000
Tuition Fee - General/OBC (8 semesters total)	8,00,000
Total Fee - General/OBC (excluding hostel)	9,18,880
Total Fee - General/OBC (including hostel)	10,30,880
Total Fee - SC/ST/PwD/MEB (excluding hostel)	1,18,880

Security Deposit of Rs. 26,000 is fully refundable at the time of graduation
SC/ST/PwD and students with annual family income below Rs. 1 lakh (MEB) pay zero tuition fee
OEB (Other Economically Backward) students with annual family income between Rs. 1 lakh and Rs. 5 lakhs pay 1/3rd of tuition fee (Rs. 33,333 per semester)
Hostel accommodation is not mandatory; day scholars pay no hostel charges
Education loans are easily available through banks on campus

Explore Other Group Colleges of IIT Kanpur

IITK BS Economics Admission 2026

Admissions to BS Economics at IIT Kanpur are conducted through JEE Advanced followed by JoSAA counselling. JEE Advanced 2026 is scheduled for May 17, 2026, and JoSAA 2026 counselling is expected to begin in early June 2026. The programme offers 52 seats. As of April 2026, JEE Advanced 2026 registration is open (April 23 - May 2, 2026). Notably, no prior knowledge of economics is required; candidates are tested in Physics, Chemistry, and Mathematics in JEE Main and Advanced.

Important Dates

Event	Date
JEE Main Session 1 Exam	January 21-28, 2026
JEE Main Session 1 Result	February 16, 2026
JEE Main Session 2 Exam	April 2-9, 2026
JEE Main Session 2 Result	April 20, 2026
JEE Advanced 2026 Registration Start	April 23, 2026
JEE Advanced 2026 Registration End	May 2, 2026
JEE Advanced 2026 Admit Card	May 11, 2026
JEE Advanced 2026 Exam	May 17, 2026
JEE Advanced 2026 Answer Key	May 25-26, 2026
JEE Advanced 2026 Result	June 1, 2026
JoSAA 2026 Registration and Choice Filling	June 3-12, 2026 (Tentative)
JoSAA 2026 Seat Allocation Round 1	June 14, 2026 (Tentative)
JoSAA 2026 Reporting Round 1	June 14-22, 2026 (Tentative)
JoSAA 2026 Seat Allocation Round 2	June 25, 2026 (Tentative)
JoSAA 2026 Seat Allocation Round 3	July 2, 2026 (Tentative)

The dates mentioned above are tentative and subject to change.

Eligibility Criteria:

Passed Class 12 (or equivalent) with Physics, Chemistry, and Mathematics with at least 75% aggregate marks (65% for SC/ST/PwD)
OR be within the category-wise top 20 percentile in their respective Class 12 board examination
Must qualify JEE Main to appear for JEE Advanced; must qualify JEE Advanced for IIT admission

Admission Process:

Appear in JEE Main (both sessions recommended) to qualify for JEE Advanced
Register and appear for JEE Advanced 2026 (exam: May 17, 2026)
Register on JoSAA portal and fill in college/course preferences
Seat allotment is done through JoSAA counselling (multiple rounds)
Accept seat, pay seat acceptance fee, and complete document verification online
Report to IIT Kanpur for physical verification and admission formalities

IIT Kanpur: Students' Opinion

AI-Generated Summary based on 13 Reviews

Admission to IITs, including IIT Kanpur, involves two key exams: JEE Mains and JEE Advanced. Eligible candidates must be in the top 20 percentile of their board exams for JEE Advanced. Annually, 10,500 students gain admission through this process, which includes JOSAA counselling from April to July. The academic year starts around July 21st. The faculty is highly qualified, with a 1:10 faculty-to-student ratio, ensuring personalized attention. The teaching approach includes 4-5 lectures daily, with faculty actively involved in research.

The fee structure is transparent, with tuition at Rs. 100,000 per semester, plus hostel and mess expenses, totaling approximately Rs. 140,000 per semester. Scholarships are available, but students with a family income above Rs. 8 lakhs do not qualify. Despite costs, IIT Kanpur offers excellent placement opportunities, with about 95% of students securing jobs through campus placements. Notable companies like Google and Microsoft offer packages averaging 16-22 LPA, with some exceeding 1 crore, the highest being 8.9 crores.

Internships start from the second year, with stipends from Rs. 10,000 to Rs. 1.5 lakhs per month. Financial aid includes scholarships like MCM and FBM for students with family incomes below Rs. 6 lakh, offering up to Rs. 1 lakh annually. Students from the general category with incomes below Rs. 5 lakh can also receive scholarships. Education loans are available at subsidized rates through campus bank branches. The total tuition fee for 2024-25 is around Rs. 10 lakh, with a 14% annual increment.

Scholarships can waive 66% to 100% of fees based on need and performance. A dedicated department assists students with financial aid applications.

By Collegedunia’s Personal AI

IITK BS Economics Scholarships 2026

IIT Kanpur offers a range of scholarships to support students financially. The Merit-cum-Means (MCM) scholarship is the most prominent, covering full tuition fee for eligible students. Additionally, government scholarships like INSPIRE and category-based fee waivers provide significant financial relief.

Scholarship Details

Scholarship	Eligibility	Benefit
Merit-cum-Means (MCM) Scholarship	Non-SC/ST students with annual parental income below Rs. 4.5 lakh; up to 25% of batch	Full tuition fee waiver + Rs. 1,000/month pocket allowance
SC/ST Fee Waiver	SC/ST students with annual family income below Rs. 6 lakh	100% tuition fee waiver
OEB Fee Concession	Annual family income Rs. 1 lakh - Rs. 5 lakh	1/3rd tuition fee (Rs. 33,333/semester)
MEB Fee Waiver	Annual family income below Rs. 1 lakh	100% tuition fee waiver
INSPIRE Scholarship (DST)	Top 1% in Class 12 board or JEE Advanced rank within top 10,000	Rs. 80,000 per year
Institute Merit Scholarship	Top academic performers in each batch	Rs. 30,000 per semester + Rs. 20,000 research grant per year
Sports Scholarship	Outstanding sports performance	Variable
Student Benevolent Fund (SBF)	Students in financial distress	Emergency financial assistance

MCM scholarship is awarded based on academic performance and financial need; up to 25% of students in a batch may receive it
Students can apply for education loans through banks on campus (SBI and other banks have branches inside IIT Kanpur)
INSPIRE scholarship is particularly relevant for BS Economics students as it targets top science students

IITK BS Economics Placement 2024

The BS Economics programme at IIT Kanpur has an outstanding placement record, with graduates securing positions in top consulting firms, investment banks, fintech companies, and government organisations. The average package for BS Economics graduates in 2024 was Rs. 21 lakhs per annum, with a median package of Rs. 17.5 lakhs. Many graduates also pursue fully funded PhD programmes at top global universities including University of Michigan, Cornell, UC San Diego, and Wisconsin-Madison, or Masters at MIT Sloan, LSE, Yale, and Columbia.

Placement Statistics

Specialisation	Metric	2024	2023	2022
Economics	Median Package	Rs. 17.50 LPA	Rs. 19.37 LPA	Rs. 26.26 LPA
Economics	Average Package	Rs. 21.00 LPA	Rs. 17.65 LPA	Rs. 25.72 LPA

IIT Kanpur BS Economics Ranking

THE Ranking

#600 out of 801 in International 2020

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IITK BS Economics FAQs

Ques. Is prior knowledge of economics required for admission to BS Economics at IIT Kanpur?

Ans. No, prior knowledge of economics is not required. Candidates are tested in Physics, Chemistry, and Mathematics in JEE Main and Advanced, just like any other IIT programme. The Department of Economic Sciences provides a proper introduction to economics from the ground up through introductory courses starting from the first year.

Ques. What is the BS Economics programme like at IIT Kanpur? Is it more like engineering or arts?

Ans. The BS Economics programme at IIT Kanpur is highly quantitative and mathematical, unlike traditional economics programmes at arts colleges. It puts substantial emphasis on mathematical and statistical treatment of economics, making it closer to an engineering/science approach to economics. Students who are inclined towards applied mathematics or statistics are particularly encouraged to apply.

Ques. Can BS Economics students pursue an MS degree at IIT Kanpur?

Ans. Yes, BS Economics students who satisfy certain eligibility criteria (based on CPI) can opt for a 1-year MS programme in Economics after completing the BS degree, effectively making it a 5-year BS+MS programme. Students also have the option to do a Double Major or Minor in another subject.

Ques. What is the JEE Advanced closing rank for BS Economics at IIT Kanpur?

Ans. Based on 2025 JoSAA data, the closing rank for BS Economics at IIT Kanpur (General category, Gender Neutral) was approximately 3,140 (opening) to 5,452 (closing). For OBC-NCL, the closing rank was around 4,453. This is significantly lower (more competitive) than other BS programmes at IIT Kanpur, reflecting the high demand for this programme.

Ques. What career paths do BS Economics graduates from IIT Kanpur typically pursue?

Ans. Graduates pursue diverse careers including: fully funded PhD programmes at top global universities (Michigan, Cornell, UC San Diego, Wisconsin-Madison), Masters at MIT Sloan, LSE, Yale, Columbia; consulting at McKinsey, BCG, Bain; investment banking and fintech; civil services (IES, IAS - multiple alumni have secured top ranks); and government/policy roles. The combination of IIT brand and economics training is highly valued across sectors.

Ques. How does the Economics department at IIT Kanpur compare to traditional economics departments?

Ans. The Department of Economic Sciences at IIT Kanpur is the first economics department among all IITs and is known for its rigorous, quantitative approach to economics. With 26 permanent faculty members covering microeconomics, macroeconomics, econometrics, development economics, financial economics, health economics, and more, it offers a research-intensive environment. The department has strong connections with RBI, government ministries, and international research institutions.

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Why To Join IIT Kanpur - Reviews & Rating

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Vibhor

5.0Helpful

BS, Economics

Reviewed on Jan 20, 2025(Enrolled 2012)

IIT-K ka tempo high hai. Come join this premier institute for a great college life and beyond.

Dislikes

IITK is a bit too strict on academics than some of the other IITs.

Fees and Financial Aid:

Total tution fee in IIT Kanpur for general category 2012 was around 3 Lakhs, in 2024-25 it is around 10Lakh. For economically backward family students, MCM scholarship is available. Apart from scholarships, students can also easily avail education loans, there are 3-4 banks inside IIT campus which offer subsidized rates to IIT students.

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Anonymous

4.6Helpful

BS, Economics

Reviewed on Jun 19, 2024(Enrolled 2023)

All about Indian Institute of Technology, Kanpur

Fees and Financial Aid:

The fees is approximately 1.5L per semester including hostel and all fees expenses. However there are many scholarships for which bright students or financially weak students can apply and easily avail. Also the fees is significantly less for SC/ST or EWS students. A student can also apply for loan. All of this makes the college affordable for all students.

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Deesari suryavamsi dora

4.4Helpful

BS, Economics

Reviewed on Mar 11, 2024(Enrolled 2023)

The LIFE IN IIT KANPUR

Dislikes

The academics is very tough in this IIT and very tough competition and tough grading in academics.and very strict paper correction.
Making the CPI CRITERIA FOR everything like we have to minimum CPI to participate in that particular thing .

Fees and Financial Aid:

The actual fees for 1st sem is 137000.And for 1year it is 274000. This is not for everyone,it depends on caste, annaul income of their parents.there are also availability of scholarships except for the government employees students. The mess for the hostelers is same for everyone and also hostel bill is same for everyone.

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Gaurav Kumar

5.0

BS, Economics

Reviewed on Jul 14, 2023(Enrolled 2022)

This is IIT KANPUR.

Fees and Financial Aid:

The fees here are like every other tier 1 college, but almost every student has a scholarship, being it due to low family income and also because of high cpi and Jee rank. Campus jobs are very rare but we can always do certain internships.

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Tarun

4.3Helpful

BS, Economics

Reviewed on May 19, 2022(Enrolled 2014)

Nice Peer Group - Excellent Infra - Exciting Avenues

Fees and Financial Aid:

No fees hike once decided in 1st year But the upcoming batches the fees has increased by 100% Cost to Study - 5L ( 4L in tution fees, 1L ( approx hostel fees ) Scholarship - MCM - Merit + Family income < 6LPA - Amount - 1LPA / year

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Sumit

5.0Helpful

BS, Economics

Reviewed on Mar 17, 2022(Enrolled 2018)

IIT Kanpur

Student Snaps:

Fees and Financial Aid:

Fees of IITs are quite higher than that of NITs. We pay around 225000 every year, but for the students with financial problems, there is a 66% to 100% rebate in tuition Fees. There are scholarships for poor students like MCM, FBM.

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Anonymous

5.0Helpful

BS, Economics

Reviewed on Apr 14, 2021(Enrolled 2020)

IITK: A dream come true

Fees and Financial Aid:

The fee of IIT Kanpur is a bit too much. The whole 4 years fee is going to cost you around 13L( 2,80,000 in the first year and 14% increment every year) But there are many scholarship opportunities available on the financial background and scholastic achievement which you can avail, you can read more about it on www.iitk.ac.in .

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Anonymous

5.0

BS, Economics

Reviewed on Oct 25, 2020

Anonymous's Review On IIT Kanpur - Indian Institute Of Technology - [IITK], Kanpur

Course Curriculum Overview:

It is a economics course so it is the course which focuses on data interpretation.It analysis what step in bussiness or in any company should be taken to get profit. It is a mathematical analysis course which is based on fully data.

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Surbhi Priya

5.0Helpful

BS, Economics

Reviewed on Jun 25, 2020

Great College

Fees and Financial Aid:

Education loan from SBI bank. SBI banks generally give IIT students loan easily. We have bank branch in our college itself and getting loan from the bank is easy.

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Pakshal Secretry

4.8Helpful

BS, Economics

Reviewed on Jun 24, 2020

Pakshal Secretry's Review On IIT Kanpur - Indian Institute Of Technology - [IITK], Kanpur

Fees and Financial Aid:

Most of students here manage to get scholarship. I got a scholarship of 100% waiver in tution fees which is around 100k. Eligibility criteria for the same is that your parents income should be less than 600k per anum

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