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 package | INR 3.67 crore per annum |
IIT Bombay Highest package (Domestic) | INR 1.68 crore per annum |
IIT Bombay Average package | INR 21.82 LPA |
Companies making job offers | 324 |
Placement rate | 82% |
Total offers made | 1,898 |
Total offers accepted | 1,516 |
International offers accepted | 65 |
PPOs accepted | 194(300 PPOs Made) |
Registered students | 2,174 |
Students participated | 1,845 |
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 Internships | 1104 | 1195 |
No. of PPOs Offered | 300 | 248 |
No. of PPOs Accepted | 194 | 201 |
Summer Internship Offers | 963 | 924 |
Winter Internship Offers | 141 | 271 |
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 |
Blackstone | Millennium | 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 Patna | INR 82.05 LPA | INR 23.90 LPA | 413 |
IIT Kanpur | INR 1.9 CPA | - | 1200 |
IIT Kharagpur | INR 2.6 CPA | - | 1600 |
IIT BHU | INR 1.2 CPA | - | 472 |
IIT Hyderabad | INR 63.78 LPA | INR 20.07 LPA | 621 |
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 LPA | 1 | 1 |
INR 5 LPA to INR 6.25 LPA | 99 | 12 |
INR 6.25 LPA to INR 7.75 LPA | 72 | 25 |
INR 7.75 LPA to INR 9.5 LPA | 149 | 33 |
INR 9.5 LPA to INR 11.5 LPA | 142 | 42 |
INR 11.5 LPA to INR 13.5 LPA | 261 | 65 |
INR 13.5 LPA to INR 16 LPA | 229 | 65 |
Above INR 16 LPA | 563 | 130 |
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% | 458 | 97 |
IT/Software | 20% | 302 | 88 |
Consulting | 10% | 156 | 29 |
Research & Development | 6% | 92 | 30 |
Education | 5% | 81 | 7 |
Analytics | 5% | 79 | 21 |
Finance | 5% | 76 | 32 |
Design | 2% | 33 | 19 |
Data Science | 2% | 25 | 13 |
Public Sector Undertaking | 1% | 14 | 4 |
Services | 1% | 9 | 4 |
Others | 1% | 193 | 59 |
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.Tech | 791 | 679 | 598 | 88% |
M.Tech | 583 | 532 | 479 | 90% |
Dual Degree (B.Tech+M.Tech) | 215 | 187 | 178 | 95% |
M.Sc | 214 | 159 | 110 | 69% |
Ph.D | 166 | 131 | 41 | 31% |
M.Des | 76 | 63 | 39 | 61% |
B.S. | 57 | 43 | 39 | 90% |
B.Des | 23 | 12 | 7 | 58% |
MPP | 12 | 9 | 6 | 66% |
Dual Degree (B.Des+M.Des) | 10 | 9 | 8 | 88% |
Others | 27 | 21 | 11 | 52% |
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 & Engineering | 228 |
Electrical Engineering | 214 |
Mechanical Engineering | 191 |
Chemical Engineering | 141 |
Metallurgical Engineering & Materials Science | 131 |
Civil Engineering | 129 |
Aerospace Engineering | 78 |
Industrial Design Centre | 54 |
Energy Sciences & Engineering | 40 |
Chemistry | 35 |
Biosciences & Bioengineering | 33 |
Applied Statistics & Informatics | 26 |
Earth Sciences | 17 |
Physics | 17 |
Others | 182 |
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 Bombay | INR 2.1 crore per annum | INR 22.7 LPA (Domestic) | 1,441 |
IIT Delhi | INR 2 crore per annum | NA | 1,300 |
IIT Madras | INR 1.98 crore per annum | INR 22.7 LPA (BTech) | 1,199+ |
IIT Kanpur | INR 2.23 crore per annum | NA | 1,300 |
Indian Institute of Technology Bombay Top Recruiters
Student's Rating for Indian Institute of Technology Bombay , Mumbai
Write a Review >Student's Reviews for Indian Institute of Technology Bombay , Mumbai
5
12-04-2016Sujay
B.Tech/B.E Student
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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5
12-04-2016Sujay
B.Tech/B.E Student
Faculty: H Narayanan ! Senior most and most experienced teacher Amazing teaching skills
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5
12-04-2016Akshay
B.Tech/B.E Student
Faculty: Rajarshi Chakravarti
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4
12-04-2016Sarvjeet
B.Tech/B.E Student
Exam: State / National Entrance Exams
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5
12-04-2016Sujay
B.Tech/B.E Student
Exam: Based on School / 12th Class Result, State / National Entrance Exams
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5
12-04-2016Akshay
B.Tech/B.E Student
Exam: State / National Entrance Exams
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5
12-04-2016Anonymous
B.Tech/B.E Student
Exam: State / National Entrance Exams
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