Fee Structure Overview
The fee structure for the School of Physics at IIT Bombay is designed to provide quality education while remaining accessible. The following table outlines the charges per semester:
| Head | 2024-2025 (INR) | 2023-2024 (INR) | 2022-2023 (INR) |
|---|---|---|---|
| Tuition Fee | 1,80,000 | 1,75,000 | 1,70,000 |
| Hostel Fee | 90,000 | 85,000 | 80,000 |
| Mess Fee | 45,000 | 42,000 | 40,000 |
| Medical Fee | 15,000 | 14,000 | 13,000 |
| Library Fee | 2,000 | 2,000 | 2,000 |
| Student Activities Fee | 10,000 | 10,000 | 10,000 |
| Total Annual Fee | 3,52,000 | 3,46,000 | 3,35,000 |
Hostel & Mess Charges
The hostel facilities at IIT Bombay are designed to provide a comfortable living environment for students. Hostel charges include:
- Room Rent: INR 45,000 per semester (single occupancy)
- Utilities: INR 15,000 per semester
- Maintenance Fee: INR 30,000 per semester
Mess charges cover three meals a day with a diverse menu and dietary options including vegetarian, non-vegetarian, and special diets for students with allergies.
Return on Investment (ROI) Analysis
The ROI for the School of Physics at IIT Bombay is exceptionally high due to the strong earning potential of graduates. The average starting package is INR 12 lakhs per annum, while the total fees paid over four years amount to approximately INR 14 lakhs. This translates to a net gain of over INR 30 lakhs over the first two years post-graduation.
Breakdown of ROI
- Total Fees Paid (4 Years): INR 14,08,000
- Average Starting Salary: INR 12,00,000
- Total Earnings in First Two Years: INR 24,00,000
- Net Gain: INR 10,92,000
This analysis indicates a significant return on investment, especially when compared to other institutions offering similar programs.