IIT Bombay Placements 2024: Average Package, Highest Package, Top Recruiters & Placement Statistics
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Indian Institute of Technology Bombay, Mumbai Placements

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Indian Institute of Technology Bombay,Placement Highlights 2024

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IIT Bombay Placements 22 students received job offers worth more than INR 1 crore per annum during the first round of placements in 2023-24. The majority of the Highest Salary Packages have been earned in the Research Development sector, with the IIT Bombay Average Package currently standing at INR 36.90 LPA, over 14% higher than last year.  IIT Bombay Admissions are done based on JEE Advanced scores, The JEE Main 2024 result for Session 1 is available. IIT Bombay Cutoff 2024 will be notified when the IIT Bombay JEE Advanced 2024 results are released stay tuned to find out the updated cutoff information. 

About IIT Bombay: An independent research facility called IIT Bombay is situated in Mumbai close to Powai Lake. Its facility is spread out across 545 acres of land. Over 85 courses are offered on the IIT Bombay campus, which has successfully expanded to include 13 academic departments, 34 centres, 17 departments, and 3 schools.  IIT Bombay has been ranked third among India’s top engineering colleges by NIRF for 2023. 


IIT Bombay Placements

The IIT Bombay Average Placement Package was INR 21.82 Lakhs, and it was well-known for its high return on investment. The IIT Bombay BTech program costs around INR 9.2 Lakhs in total. According to the QS World University Ranking by Subject 2023, IIT Bombay is rated 47th overall in engineering and technology.
Furthermore, 63 students accepted international offers during the first phase. The 1,188 students who were placed received a total of 1,340 employment offers. This comprises seven PSUs and 297 PPOs. Airbus, Apple, Google, and Intel were among the Top Recruiters that participated in IIT Bombay Placements in 2024. Previously, the largest foreign and domestic packages offered at IIT Bombay Placements 2023 were INR 3.67 crore and INR 1.68 crore, respectively.

Furthermore, the Average Package awarded in IIT Bombay Placements 2023 was INR 21.82 LPA. In addition, the overall placement rate for IIT Bombay Placements 2023 was 82%. Furthermore, 384 organizations participated in the IIT Bombay placements 2023, with 1,898 offers issued. IIT Bombay internships 2023 resulted in a total of 1,104 internship offers. Uber, Rubrik, and Millennium were among the main recruiters who visited the IIT Bombay campus during the 2023 placement season.

The Highest International Package given in 2023 increased by about 75% when compared to 2022. IIT Bombay Highest Package 2023 fell by about 7% as compared to 2022. The Average Package 2023 increased by more than 1% when compared to 2022. The data and figures have indicated that the finance sector has been the sector with the highest packages. 

Related FAQs

What is the IIT Bombay Average Package?
IIT Bombay Average Package is INR 21.82 according to the first phase of placements at the institute. 
What is the Placement Percentage at IIT Bombay?
The IIT Bombay Percentage was 82%.

IIT Bombay Placement Highlights

Here is a table that mentions the IIT Bombay Placement 2023 Highlights:

Particulars

Statistics 2023

Highest international packageINR 3.67 crore per annum
IIT Bombay Highest package (Domestic)
INR 1.68 crore per annum
IIT Bombay Average packageINR 21.82 LPA
Companies making job offers 324
Placement rate82%
Total offers made1,898
Total offers accepted1,516
International offers accepted65
PPOs accepted194(300 PPOs Made)
Registered students2,174
Students participated1,845

IIT Bombay Internship Placements 2023

IIT Bombay Internship Placements 2023 are mentioned in the table below:

Particulars

Internship Statistics 2023

Internship Statistics 2022

No. of Internships11041195
No. of PPOs Offered300248
No. of PPOs Accepted194201
Summer Internship Offers963924
Winter Internship Offers141271

IIT Bombay Placements Top Recruiters 2023

IIT Bombay Placement's Top Recruiters 2023 are mentioned in the table below:

IIT Bombay Top Recruiters 2023

Uber    WorldQuant     Rubrik 
BlackstoneMillennium and more

Related FAQs

What are some of the IIT Bombay Top Recruiters?
Some of the Top Recruiters include Uber, Rubrik, WorldQuant and more. 
What is the IIT Bombay CSE Average Package?
The IIT Bombay CSE Average Package is around 23.26 LPA. 

IIT’s Placements Comparison

Some of the Top IITs, along with their placements are mentioned in the table below: 

IITs

Highest Package

Average Package

No. of Offers

IIT PatnaINR 82.05 LPAINR 23.90 LPA413
IIT KanpurINR 1.9 CPA    -1200
IIT KharagpurINR 2.6 CPA-1600
IIT BHU    INR 1.2 CPA    -472
IIT HyderabadINR 63.78 LPAINR 20.07 LPA621

IIT Bombay Placements 2023 Salary Report

To be well-versed in the placements one needs to be informed about the range of salary and the number of offers made by a certain company and you can figure that out in the table below:

Range of the Salary

Numbers of Offers

Number of Companies

INR 0 LPA to INR 5 LPA11
INR 5 LPA to INR 6.25 LPA9912
INR 6.25 LPA to INR 7.75 LPA7225
INR 7.75 LPA to INR 9.5 LPA14933
INR 9.5 LPA to INR 11.5 LPA14242
INR 11.5 LPA to INR 13.5 LPA26165
INR 13.5 LPA to INR 16 LPA22965
Above INR 16 LPA563130

Related FAQs

How many people have salary Packages above INR 16 LPA?
Around 563 students have been able to score packages above INR 16 LPA.

IIT Bombay Placements 2023 Sector-wise

IIT Bombay Placements sector wise is mentioned in the table below: 

Sectors

Placement Percentage

No. of Offers    

No. of Recruiters

Engineering & Technology    30%45897
IT/Software20%30288
Consulting10%15629
Research & Development6%9230
Education5%817
Analytics5%7921
Finance5%7632
Design2%3319
Data Science2%2513
Public Sector Undertaking    1%144
Services1%94
Others1%19359

Related FAQs

Which is the highest employment sector at IIT Bombay?
The Highest Employment sector at IIT Bombay was Engineering & Technology .

 

IIT Bombay Placements 2023 Course-wise

IIT Bombay Placements 2023 Course-wise stats are mentioned in the table below:

Courses

Students Registered    

Students Participated    

Students Placed    

Placement Percentage

B.Tech79167959888%
M.Tech58353247990%
Dual Degree (B.Tech+M.Tech)21518717895%
M.Sc21415911069%
Ph.D1661314131%
M.Des76633961%
B.S.57433990%
B.Des2312758%
MPP129666%
Dual Degree (B.Des+M.Des)109888%
Others27211152%

IIT Bombay CSE Average Package

The average CSE Package that is offered to the students is in the range of 18 to 23 LPA. While this seems like a good number of placement offering companies often play the CTC smart way, the CTC will have components like joining bonus, relocation bonus, and four-year bonus amounts which together constitute the CTC. Now having said that the average salary also varies according to the industry and companies. Some of the Top Recruiters include: Microsoft, Google, Amazon, Facebook, Adobe, Goldman Sachs, Morgan Stanley, Qualcomm and more. 
 

IIT Bombay Placements 2023 Department-wise

IIT Bombay Placements 2023 Department-wise are mentioned in the table below: 

Departments

No. of Offers

Computer Science & Engineering228
Electrical Engineering214
Mechanical Engineering191
Chemical Engineering141
Metallurgical Engineering & Materials Science131
Civil Engineering129
Aerospace Engineering78
Industrial Design Centre54
Energy Sciences & Engineering40
Chemistry35
Biosciences & Bioengineering33
Applied Statistics & Informatics26
Earth Sciences17
Physics17
Others182

IIT Bombay MBA Placements 2023

IIT Bombay MBA Placements 2023 are mentioned in the table below: 

 

ogy have a share of 45%, and the rest of the sectors are given in the pie chart below: 

IIT Bombay Placement compared to other IITs

The below table describes the placement comparison of IIT Bombay to other IITs, including their highest, average package and the number of offers received by the students: 

IIT 

Highest Package

Average Package

No. of Offers

IIT BombayINR 2.1 crore per annumINR 22.7 LPA (Domestic) 1,441
IIT DelhiINR 2 crore per annumNA1,300
IIT MadrasINR 1.98 crore per annumINR 22.7 LPA (BTech)1,199+
IIT KanpurINR 2.23 crore per annumNA1,300

Indian Institute of Technology Bombay Top Recruiters

Adobe Adobe
3M 3M
Cisco Cisco
Cadbury Cadbury
Boston Consulting Group Boston Consulting Group
Boston Analytics Boston Analytics
Deloitte Deloitte
D. E. Shaw India Software Private Limited D. E. Shaw India Software Private Limited
Deutsche Bank Deutsche Bank
Dr.Reddy’s Laboratories Ltd Dr.Reddy’s Laboratories Ltd
essar group essar group
evalueserve evalueserve
Futures First Futures First
General Motors General Motors
geodesic information systems geodesic information systems
goldman sachs goldman sachs
Hindustan Aeronautics Limited (HAL) Hindustan Aeronautics Limited (HAL)
Hewlett-Packard (HP) Hewlett-Packard (HP)
HPCL HPCL
inductis inductis
infosys infosys
Intel Technology India Pvt Ltd Intel Technology India Pvt Ltd
Indian Oil Corporation Ltd (IOCL) Indian Oil Corporation Ltd (IOCL)
ITC ITC
j p morgan j p morgan
Larsen & Toubro Ltd. Larsen & Toubro Ltd.
McKinsey & Co McKinsey & Co
microsoft microsoft
morgan stanley morgan stanley
Google Google
ongc ongc
opera solutions opera solutions
oracle oracle
samsung samsung
sandisk sandisk
schlumberger schlumberger
shell technology shell technology
siemens siemens
strand life sciences strand life sciences
sun microsystems sun microsystems
symantec corporation symantec corporation
TCS TCS
tatamotors tatamotors
tower research capital tower research capital
ubs ubs
unitech unitech
vmware vmware
Yahoo! Software Development Pvt. Ltd Yahoo! Software Development Pvt. Ltd
A.T. Kearney India A.T. Kearney India
Absolute Data Group Absolute Data Group
Adventity BPO India Pvt. Ltd. Adventity BPO India Pvt. Ltd.
Airvana Networks India Airvana Networks India
Blue Star Blue Star
Citrix Citrix
Credit Suisse Business Analytics Credit Suisse Business Analytics
DVWS (Doshion) DVWS (Doshion)
Fidelity Fidelity
Irunway Irunway
John Deere India Ltd John Deere India Ltd
Eperium Business Solutions India Pvt Ltd Eperium Business Solutions India Pvt Ltd
Accenture Accenture
Cosmic Circuits Cosmic Circuits
Intergraph Consulting Pvt.Ltd Intergraph Consulting Pvt.Ltd
JK Tyre JK Tyre
Nvidia Nvidia
Renault Nissan Renault Nissan
Amazon India Amazon India
Analog Devices Analog Devices
Applied Materials Applied Materials
Ashok Leyland Ashok Leyland
Barclays Bank Barclays Bank
Bharat Electronics Limited Bharat Electronics Limited
Cairn Cairn
Ernst & Young Ernst & Young
Halliburton Halliburton
HDFC Bank HDFC Bank
HSBC. HSBC.
JUNIPER JUNIPER
L&T ECC L&T ECC
Millennium Networks Millennium Networks
Motorola India Limited Motorola India Limited
MU SIGMA MU SIGMA
National Instruments National Instruments
Novellus Novellus
Reliance Industries Ltd. Reliance Industries Ltd.
Sundaram Fasteners Sundaram Fasteners
TCE Consulting Engineers TCE Consulting Engineers
Technipp India Technipp India
Texas Instrument Texas Instrument
Xilinx Xilinx
ZS Associates ZS Associates
Capital One Financial Services Capital One Financial Services
DSP Merrill Lynch DSP Merrill Lynch
Lehman Brothers Lehman Brothers
Price Waterhouse Coopers Price Waterhouse Coopers
Procter & Gamble Procter & Gamble
Tata Strategic Management Group Tata Strategic Management Group
Angel Broking Angel Broking
Cypress Cypress
KPMG India KPMG India
i2 Technologies India Pvt. Ltd i2 Technologies India Pvt. Ltd
Zinnov Zinnov
Kotak Group Kotak Group
Rediff Rediff
Tejas Networks Tejas Networks
Tata Steel Tata Steel
Essar E&P Ltd. Essar E&P Ltd.
Hindustan Zinc Limited (HZL) Hindustan Zinc Limited (HZL)
IBM India Pvt. Ltd. IBM India Pvt. Ltd.
Samsung India Software Operation(SISO) Samsung India Software Operation(SISO)
ERM India ERM India
Dun & Bradstreet Dun & Bradstreet
LMS Emmeskay Solutions Pvt. Ltd. LMS Emmeskay Solutions Pvt. Ltd.
Novell Software Development (I) Pvt. Ltd. Novell Software Development (I) Pvt. Ltd.
Qualcomm India Pvt. Ltd. Qualcomm India Pvt. Ltd.
TATA Technologies TATA Technologies
Wipro Technologies Wipro Technologies
Asus Technology Asus Technology
ECS Limited ECS Limited
Fair Issac Fair Issac
Symphony Symphony
GE India Technology Centre-JFWTC GE India Technology Centre-JFWTC
GE Water & process GE Water & process
General Motor Technical Centre General Motor Technical Centre
ABPS Infrastructure Advisory ABPS Infrastructure Advisory
Osram Osram
Global Analytics India Pvt. Ltd. Global Analytics India Pvt. Ltd.
Pacific Mindware Engineering Pvt Ltd Pacific Mindware Engineering Pvt Ltd
Global Industries Offshore LLC Global Industries Offshore LLC
pangea3 LLC pangea3 LLC
Paradigm Geophysical Paradigm Geophysical
AIR-Worldwide AIR-Worldwide
Akruti Nirman Akruti Nirman
Gridstone Research Gridstone Research
Alfaisal University Alfaisal University
Rambus Rambus
Ambica Steels Limited Ambica Steels Limited
Reliance Solar Reliance Solar
Ansys-Fluent India Pvt. Ltd. Ansys-Fluent India Pvt. Ltd.
House Of Code Incorporation House Of Code Incorporation
Sabre Travel Technologies Pvt.Ltd. Sabre Travel Technologies Pvt.Ltd.
HSBC Global Technology HSBC Global Technology
Assetlink Corporation Assetlink Corporation
Axience Axience
InI Consulting InI Consulting
Smart Analyst Smart Analyst
Blue Star Infotech Ltd. Blue Star Infotech Ltd.
Insilica Semiconductors Insilica Semiconductors
Value Partners Value Partners
INSP India Software Development Pvt.Ltd. INSP India Software Development Pvt.Ltd.
ST - Ericsson India Pvt. Ltd. ST - Ericsson India Pvt. Ltd.
Business Development Asia (HK) Ltd Business Development Asia (HK) Ltd
Business Objects Business Objects
Intuit Intuit
Sybase Sybase
Capsilon India Capsilon India
Syngene International Pvt. Ltd. Syngene International Pvt. Ltd.
CGG India CGG India
Syngenta Biosciences Syngenta Biosciences
Synplicity Software India Pvt.Ltd. Synplicity Software India Pvt.Ltd.
Citicorp Finance India Ltd. Citicorp Finance India Ltd.
Komli Media Pvt. Ltd. Komli Media Pvt. Ltd.
Citigroup GDM Citigroup GDM
Computational Research Lab Computational Research Lab
Croda Croda
Magma Design Automation India Pvt Ltd Magma Design Automation India Pvt Ltd
marketRx India Pvt. Ltd. marketRx India Pvt. Ltd.
Cytel Cytel
Marvell Technology Group Marvell Technology Group
Tensilica Technologies Tensilica Technologies
Maxim Integrated Circuit Maxim Integrated Circuit
Dar Al Handasah (Shair & Partners) Dar Al Handasah (Shair & Partners)
TIBCO TIBCO
McKinsey Knowledge Centre McKinsey Knowledge Centre
MECCADEMIA FZ LLC MECCADEMIA FZ LLC
Trans Market Group Trans Market Group
Fractal Analytics ltd Fractal Analytics ltd
Mechatronics Test Equipment (I) Pvt. Ltd Mechatronics Test Equipment (I) Pvt. Ltd
Meinhardt Meinhardt
MIDAS MIDAS
Monitor Monitor
Transocean Inc. Transocean Inc.
Transparent Energy Transparent Energy
TSMC TSMC
Unimark remedies Unimark remedies
UOP India Private Limited UOP India Private Limited
Veveo India Private Limited Veveo India Private Limited
Vishay Components India Pvt.Ltd Vishay Components India Pvt.Ltd
Walking stick Solutions Walking stick Solutions
Webaroo Technology India Pvt. Ltd. Webaroo Technology India Pvt. Ltd.
West End Capital Management West End Capital Management

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Placement: Amazing it’s very easy to get placed and get internship too . Amazingly awesome exposure at college and companies know that this is a cream crowd

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Faculty: H Narayanan ! Senior most and most experienced teacher Amazing teaching skills

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