Yes, aerospace engineering from IIT Bombay is one of the finest one in India. So being the finest one it is more valuable as compare to others. And if you talk about job then there are decent chances for the same as well as candidate from aerospace engineering can get job easily in core as well as non-core industries provided he/ she has proper understanding of subjects studied.
Apart from that, candidate can go for research work and to study further for Ph.D. in IITB itself or universities abroad.

Good Luck!!!

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