IIT Bombay
B.S. Economics
Where JEE rigor meets market-shaping policy minds
Key numbers
NIRF Rank (Overall)
#3
Intake
58
Duration
4 Years
Average CTC
₹20 LPA
Engineering entrance for an Econ degree?
Yep — IIT Bombay’s B.S. Economics is gated behind JEE Advanced. You’ll trade engineering labs for econometric models, but the peer group stays elite. Perfect if you love math and want to decode markets without losing the IIT tag.
Are you eligible?
Class 12
Minimum 75% aggregate with Mathematics as a compulsory subject
Admission Basis
Entrance exam based admission through JEE Advanced
Entrance exams
Investment
₹9.2L total
~₹2.3L per year
- Tuition & Other Academic Fees (Annual)₹2,29,300per year
From Theory to Policy
Year +0
Foundations
Microeconomic & Macroeconomic Theory
Year +1
Toolkit
Econometrics + Game Theory
Year +2
Specialization
Development & Financial Economics
Year +3
Capstone
Public Policy Analysis + Research Dissertation
Placement · 2025
Where graduates land
Placement rate
90%
Top recruiters
The verdict
Strong fit
If you’ve cleared JEE Advanced and want economics over engineering, this is a rare unicorn program. You get IIT Bombay’s #3 NIRF brand, a tight 58-student cohort, quant-heavy training, and a direct pipeline to bulge-bracket banks, Big 3 consulting, and top policy institutions — all at a fraction of private college fees. The catch? You still have to survive the JEE Advanced grind. If that’s already done, this is arguably one of India’s most ROI-heavy undergrad econ experiences.
Matches what you said
- ✓ IIT brand + rigorous quant training
- ✓ Finance, consulting & policy career pathways
- ✓ Small cohort with elite peer group
- ✓ Affordable fees vs private alternatives
Doesn't match
- ✗ Non-JEE entry path
- ✗ Traditional liberal arts campus vibe
- ✗ Large alumni network in pure economics