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E-Cell IIT Bombay was one of the founding members of the National Entrepreneurship Network. In 1999, 'Right Half', the first campus startup of IIT Bombay and any engineering institute in India was founded by Kashyap Deorah (B.Tech, CSE, Batch of 2000) along with two of his batchmates in their final year.
Abhyuday, the social body of IIT Bombay also hosts one of its kind two-day social fest started in 2013 to provide a link between the real-life problems faced by the people to the students who wish to bring about a change society. The two-day fest is home to Action Plan - a social entrepreneurship competition, movie screenings, workshops and ...
The NPTEL has adopted the MOOC (Massive open online course) model so that students outside IIT system can also participate in learning quality content and get certified, provided they meet the assessment criteria in the exams conducted at the end of the NPTEL semesters. All courses are free to enrol and learn from.
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Other sources of funds include student fees and research funding from industry and contributions from the alumni. The faculty-to-student ratio in the IITs is between 1:6 and 1:8. [61] The Standing Committee of IIT Council (SCIC) prescribes the lower limit for faculty-to-student ratio as 1:9, applied department wise.
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Virtual Labs enable the students to learn at their own pace and enthuse them to conduct experiments. Virtual Labs also provide a complete learning management system where the students can avail various tools for learning, including additional web resources, video lectures, animated demonstration, and self-evaluation.