IIT Bombay BS Economics: Fees 2026, Course Duration, Dates, Eligibility

Mumbai, MaharashtraAutonomous UniversityEstd 1958
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BS Economics at IIT Bombay is a 4 years, Full Time Degree program offered On Campus. It offers a limited number of 40 seats.

  • The total fees for the BS Economics program at IIT Bombay is ₹ 8.83 Lakhs.
  • Students need to pay ₹ 2.36 Lakhs in the first year.

Admissions to BS Economics at IIT Bombay are primarily based on JEE-Advanced. Candidates must have completed 10+2 + JEE to be eligible for admission. The overall JEE-Advanced cutoff for the BS Economics program is 554 - 2372 across all categories. Check IIT Bombay Admission

Times Higher Education Science ranking 2020, ranks IIT Bombay at 401-500 out of 801 in India.

Find detailed IIT Bombay BS Economics fees, eligibility, admission dates, cutoff and ranking below.

Course HighlightsDetails
duration4 Years (Full Time)
course levelUG (Degree)
mode of studyOn Campus
total fees₹ 17.57 Lakhs
eligibility10+2 + JEE Advanced
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16 Studentsshown interest in the last 30 days

IIT Bombay Latest Updates and News

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22 May, 2026 IIT Bombay also announced Fee structure 2026 for BS Economics programs. The total academic fee is ₹ 17.57 Lakhs. Read more.

IIT Bombay BS Economics Fees

IIT Bombay BS Economics fees 2025 is ₹ 8.83 Lakhs for the entire course duration.
  • This includes a total tuition fee of ₹ 8 Lakhs, Caution Fees of ₹ 10,000, Other Fees of ₹ 72,500.
  • Candidates need to pay ₹ 2.36 Lakhs in the first year.

For students applying under the NRI quota for admission, the total course fee for BS Economics at IIT Bombay is ₹ 24.83 Lakhs.

Earlier, BS Economics fees at IIT Bombay was ₹ 8.75 Lakhs (in 2024) for the entire course duration. This shows a fee increase of ₹ 7,700 over the year.

Compare IIT Bombay BS Economics Fees with Similar Colleges

Students have an option to pursue BS Economics from similar colleges such as IIT Kharagpur, IIT Kanpur, IIT Bombay. Similar to IIT Bombay, BS Economics at these group colleges is offered Full Time for a duration of 4 Years.

Comparing the course fees at these colleges, the total course fee at IIT Kharagpur is the highest with ₹ 9.38 Lakhs. This is followed by IIT Kanpur with ₹ 9.19 Lakhs and IIT Bombay with ₹ 8.83 Lakhs. Among these, IIT Bombay has the lowest fee for BS Economics with ₹ 8.83 Lakhs.

College BS Economics Total Fees
IIT Kharagpur ₹ 9.38 Lakhs
IIT Kanpur ₹ 9.19 Lakhs
IIT Bombay ₹ 8.83 Lakhs

Quota:
Fee TypeTotal Amount (INR)
total fee₹17.57 Lakhs
* Fees is refundable

Important Dates for BS Economics at IIT Bombay


Expired Events

EventsDates
JEE Advanced Result Date
Jun 01, 2026
JEE Advanced Exam Date
May 17, 2026
JEE Advanced Admit Card Date
May 11, 2026 - May 17, 2026
Check entrance exam dates for admission in BS Economics at IIT Bombay -

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IIT Bombay: Students' Opinion

AI-Generated Summary based on 7 Reviews

Admission to IIT Bombay requires clearing JEE Mains and JEE Advanced, followed by a choice-filling process through JoSAA. The faculty is highly qualified, offering personalized attention and resolving doubts in weekly sessions. The student-to-faculty ratio is about 15-16, promoting interactive learning. Tuition is 1 lakh INR per semester, which is lower than private colleges. Financial assistance is available through MCM scholarships, exempting SC/ST students and those with lower incomes from fees.

The total four-year fee is around 12 lakhs, but scholarships can reduce this significantly. Placements are robust, with nearly 100% of students securing jobs. The average package is 23.5 LPA, with top offers reaching up to 4 crores. Companies like Google and Microsoft recruit from the campus. Students are eligible for internships from the second year, with many receiving Pre-Placement Offers. Scholarships for laptop purchases and hostel/mess expenses are also available.

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IIT Bombay: 6 Answered Questions

I want a Aircraft maintenance engineering in IIT Bombay?

Vinima Bhola

IIT Bombay does not offer an Aircraft Maintenance Engineering (AME) course or program.
The Department of Aerospace Engineering at IIT Bombay is focused on the design, analysis, and research of flight vehicles and offers undergraduate (B.Tech in Aerospace Engineering), postgraduate (M.Tech), and doctoral (Ph.D.) degrees in aerospace engineering.

Though IIT Bombay offers a variety of B.Tech (Bachelor of Technology) courses.

  • Aerospace Engineerin
  • Chemical Engineering
  • Civil Engineering
  • Computer Science & Engineering
  • Electrical Engineering
  • Engineering Physics
  • Environmental Science and Engineering
  • Energy Science and Engineering
  • Industrial Engineering & Operations Research
  • Mechanical Engineering
  • Metallurgical Engineering & Materials Science

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Which branch in iit Bombay should i have to choose for non core?

Vinima Bhola

If you are considering IIT Bombay and want to maximize your opportunities for non-core (non-traditional) engineering jobs, such as those in software, consulting, finance, analytics, or product management.

List of the non-core branches:

Branch

Non-Core Job Opportunities

Notes

Computer Science & Engineering

Excellent

For software, data science, and tech roles

Electrical Engineering

Very Good

In embedded systems, IoT, and analytics

Artificial Intelligence/Data Science

Excellent

For tech and analytics

Mechanical, Chemical, Metallurgical

Good

Many students enter non-core jobs, but may need coding upskilling

Students from other branches (like Mechanical, Chemical, Metallurgical) also get non-core jobs, but may need to put in extra effort to develop relevant skills (coding, data structures, etc.).

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0

What are the GATE ranks for M.Tech courses at IIT Bombay?

Prerona Datta
Ronit SharmaLives in Allahabad, Uttar Pradesh, India

Since my sister was a student of Civil Engineering branch at IIT Bombay, I have information about the same only.

  • Structural Engineering: 1–250
  • Geotechnical Engineering: 250–450
  • Transportation Engineering: 400-550
  • Water Resources Engineering: 500
  • Ocean Engineering: don’t remember

The above ranks are for General Category only. Reserved categories can expect a call at a rank higher than that mentioned above. The overall admission procedure comprises 75% weightage to GATE score and 25% weightage to written test and interview.

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Can we do a part time PhD in IIT Bombay?

Sumit BoseIIT Bombay (2019)

Yes, you can definitely do a part time PhD in IIT Bombay. All you need to do is apply as an external category candidate.

Major highlights of part-time PhD in external category

  • A supervisor from IIT B is assigned
  • A supervisor from outside is selected
  • Coursework depends on the qualifying degree (B.Tech, M.Tech, MBA, etc.) and the criteria varies accordingly. 
  • For SJMSOM, IIT Bombay- A minimum of 52 credits is required if the candidate is not having an MBA (Not PGDM) and 40 credit is required if the candidate is having an MBA.
  • You can go and attend classes and don’t have to necessarily leave the job
  • Once the course period is completed, you get admission as a PhD Candidate and you can meet your guide as per your need.

Applications for part time PhD are accepted twice a year for Autumn and Spring Semester. 

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How is the operation research MSc and PhD dual degree in IIT Bombay?

Jasmine Grover
Advaith BhaskarLives in Mumbai, Maharashtra, India (2000–present)

The course Operations Research offered at IIT Bombay is an integrated Ph.D. course.

Duration: The course duration is 6 years, while the minimum is 5 years. It depends on how much time you take to complete your PhD. You can even extend it more than 6 years but won’t be receiving any stipend for the same. Another option is to opt out of an MSc degree after 3 years.

Compensation: Students are paid around INR 6000/- month for 2 years and then INR 25000 from third year.

Department: This course is offered by the IEOR( Industrial Engineering and Operations Research) department of IIT Bombay which is considered the best in India.

Courses: The courses offered are Industrial Engineering related and some pure operations research related. There are a large number of project courses since this is a research-oriented course. After successfully completing the first 3 years you get admission to a Ph.D. program provided that you qualify certain prerequisites.

Purpose of the course: The course targets students who are interested in research and stimulate them to pursue a career in Operations Research. Some students, however, instead sit for placements after the third year with an MSc degree and don’t go for Ph.D.

Placements: There is no use to mention placement as most of the small batch size opts out of placements to pursue PhD.

Suitability: The course is most suitable for those who are sure of kick-starting a career in research. You get to work on various projects under the guidance of great professors. 

Selecting the best PhD advisor is very necessary to ensure a good career. The same professor then gives you a PhD in very less duration or even drags the time unnecessarily. The best part is that you don't need to clear any PhD entrance like UGC CSIR and can easily get a PhD admit with few formalities and end up with a doctorate degree in less than 6 years.

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What was the toughest course you took at IIT Bombay?

Advait JoshiLives in Mumbai, Maharashtra, India

There is a course called CS207 Discrete Structures taught by Professor Ajit Diwan. It was related to Discrete Mathematics - Number Theory, Graph Theory, Combinatorics, Sets, and Groups, and was one of the most difficult courses my friend came across.

Professor Diwan is well known for his highly challenging problems and course material. During his lectures, he delivers a lot of information based on principles. For math lovers, his classes are an absolute delight.

He refrains from conducting more than one exam a month. However, the level of difficulty of the exam is high. The questions look very complicated but when one ponders upon them, they don’t seem that difficult.

The exams were extremely difficult to the extent that the passing cutoff was 7 out of 100 marks. Despite the entire batch consisting of JEE toppers, a lot of them were not able to make it to the cutoff.

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