摘要： Enriched ferromagnetism and two photon absorption (TPA) cross section of perovskite BaTiO3 nanoparticles are indispensible for magnetic and optical data storage applications. In this work, the hydrothermally synthesized Ce doped BaTiO3 nanoparticles exhibit the maximum room temperature ferromagnetism (4.26×10-3 emu/g) at 4 mol% due to the increase of oxygen vacancies as evidenced by X-ray photoelectron, electron spin resonance spectroscopies and density functional theory (DFT) calculations. Hence, the oxygen vacancy constituted bound magnetic polaron (BMP) model has been invoked to explain the enhancement of ferromagnetism. BMP theoretical model indicates the increase of BMP magnetization (M0, 3.0 to 4.8×10-3 emu/g) and true spontaneous moment per BMP (meff, 4 to 9.88×10-4 emu) on Ce doping. DFT calculations show that BMPs mediate via Ti d orbitals leading to the ferromagnetism. Besides, it is understood that the magnetic moment induced by Ce at Ba site is higher than Ce at Ti site in the presence of oxygen vacancies. Open aperture Z-scan technique displays the highest TPA coefficient β (7.08×10-10 m/W) and TPA cross section σTPA (455×104 GM) at 4 mol% of Ce as a result of robust TPA induced excited state absorption. A large σTPA is attributed to the longer excited state lifetime τ (7.63 ns) of charge carriers created by oxygen vacancies and Ce ions which encounter several electronic transitions in the excited sub-states.