Admission to the Engineering Physics program at IIT Bombay is based on the JEE Advanced rank, with a rank of 1290 securing admission. The faculty is highly qualified, offering excellent teaching and research opportunities, including projects and industry exposure. The program is academically rigorous, with diverse exams depending on the course. Financially, the program is costly, but various scholarships alleviate the burden. SC/ST students receive full tuition fee waivers. The tuition fee is about 1 lakh INR per semester, with hostel and mess fees around 50,000 INR per semester.
The annual cost for the four-year program ranges from 10 to 12 lakh INR. Scholarships like Merit Cum Means (MCM) and Fee Remission reduce costs significantly based on income, offering up to 100% tuition waiver for families with incomes below 1 lakh INR. Placement opportunities are robust, with a high rate of 83-90% and packages reaching 3.67 crore INR internationally. The average package is between 15-21 lakh INR, and top companies like Google and Microsoft participate in recruitment.
Internships start in the second year, with some offering stipends up to 1.5 lakh INR per month. Around 300 Pre-Placement Offers are made annually. High CPI scores lead to better packages and internships. The placement process begins in December for final-year students, featuring a mix of national and international companies. The institution offers Teaching Assistant roles for skill development and stipends, while financial aid and scholarships make education at IIT Bombay accessible despite the high costs.
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