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IIT Bombay Placements

Indian Institute of Technology Bombay has released placements for 2023-24. 543 companies registered, of these 388 participated in the placements and 364 companies made offers during IIT Bombay placements 2024. There was a 12% increase in the number of recruiting companies. IIT Bombay average salary package offered to students is Rs 23.50 LPA. 

In IIT Bombay placements 2023-24, 1650 job offers were made and 78 international offers were made. For UG students, IIT Bombay highest salary stood at Rs 1.68 crores. In the year 2023-24, 90% of BS students were placed as per the IIT Bombay placement reports and 88% of B.Tech students were placed. During IIT Bombay placements, around 40 companies conducted interviews in two slots. On day one, there was an 80% increase in regular recruiters compared to the previous year's placement drives in IIT Bombay. Top companies such as Procter and Gamble, Sony Japan, Texas Instruments, Qualcomm, and Tata Group participated in the IIT Bombay placements. Indian Institute of Technology Bombay has a dedicated training and placement cell that manages all placement activities on campus. 

Also See: IIT Bombay Courses

IIT Bombay Placement Process

  • The placement office sends invitations to the companies to attend the IIT Bombay placement drive.

  • Interested recruiters will create an account on the website of the Indian Institute of Technology (IIT) Bombay. 

  • Recruiters can then create the jobs or internships containing the job details which will be verified by the executive officers.

  • After verifications, the job offers are made available for the students and interested students can apply for these jobs.

  • Companies shortlist the students based on their resumes.

  • Thereafter, companies conduct the screening process and shortlist the students for the interview process. 

  •  Companies provide a list of the selected students to the IITB placement cell. 

Also See: IIT Bombay Admissions

IIT Bombay Placements 2024

 For UG students, IIT Bombay average salary package was Rs 21.82 lakhs while the minimal salary is Rs 5.43 lakhs. Candidates can check the IIT Bombay 2023-24 placements and previous year placements statistics as follows.

IIT Bombay UG Placement Statistics 2023-24

Particulars

Statistics

Maximum Annual Salary offered

Rs 1.68 Crores

Minimum Annual Salary offered

Rs 5.43 lakhs

Average Annual Salary offered

Rs 21.82 lakhs

Note: The above data is taken from the official source of IIT Bombay.

IIT Bombay Placement Report 2024

Candidates can check the detailed comparison of IIT Bombay placements in 2024 and 2023 in the table given below. 

IIT Bombay Placement Comparison

Particulars

2024

2023

Total Number of Registered Students

2414

2174

Total Number of Actively Participated Students

1979

1845

Total Number of Accepted Offers

1475

1516

Total Number of Companies Offered Jobs

364

324

Total Number of Job Offers

1650

1788

Job Offers above INR 1 crore accepted

22

16

Pre – Placement Offers accepted 

258

194

International Job Offers accepted

78

65

Average annual CTC Salary Package of students

Rs 23.50 LPA

Rs 21.82 LPA

Top Recruiting Sector

Engineering & Technology

Engineering & Technology

IIT Bombay Placements (NIRF 2024-Overall)

According to the NIRF 2024 data, IIT Bombay placed nearly 644 UG (4-year) students with a median salary of Rs 19.63 lakhs, 187 UG (5-year) students with an IIT Bombay median package of Rs 18.50 lakhs, and 641 PG students with median salary of Rs 15.00 lakhs. -The details of the placement statistics of the Indian Institute of Technology Bombay are given below in tabular form. 

IIT Bombay Placements 2022-23 (UG 4-year programme)  

Particulars

Statistics

No of Students Placed

644

Median Salary Offered

Rs 19.63 lakhs

No of Students Selected for Higher Studies

154

IIT Bombay Placements 2022-23 (UG 5-year programme)

Particulars

Statistics

No of Students Placed

187

Median Salary Offered

Rs 18.50 lakhs

No of Students Selected for Higher Studies

12

Also See: IIT Bombay Cutoff

IIT Bombay PG Placement Statistics 2022-23 

Particulars

Statistics

No of Students Placed

641

Median Salary Offered

Rs 15.00 lakhs

No of Students Selected for Higher Studies

125

IIT Bombay Placements 2023

During the placement drive, over 200 Pre-Placement offers were accepted. In total, recruiting firms made 1898 job offers, with 1516 offers being accepted by students. IIT Bombay highest salary package was Rs 1.68 crore per annum, while the highest international package reached Rs 3.67 crore per annum.

IITB Placement Report 2023

Particulars

Package Offered

Highest International Salary

Rs. 3.67 Crore

Highest Domestic Salary (C.T.C.) 

Rs. 1.68 crore

Average Salary Package of Selected Students 

Rs. 21.82 Lakhs per annum

Also See: IIT Bombay Affiliated Colleges

IIT Bombay Sector wise Placements 2023

The college offers placements in multiple sectors: Analytics, Data Science, Design, Research, Consulting, Finance, Banking, and Services. The opportunities provided by the firms offered extensive learning, travelling experience, and diverse work culture.

Sector

Number of Offers 

Number of companies

Analytics 

79

21

Consulting

154

29

Data Science

25

13

Design

33

19

Education

81

7

Engineering & Technology

458

97

Finance

76

32

IT/Software

302

88

Public Sector Undertaking

14

4

Research & Development

92

30

Services

9

4

Others 

193 

59

IIT Bombay Placements Branch Wise 2023

Overall, 82% of the students who registered for the placement process were placed. The following table provides the course-wise break-up for the IIT Bombay placements 2022-2023.

Program 

Registered 

Participated 

Placed 

Percentage placed

B.Des.

23

12

7

58%

B.S.

57

43

39

90%

B.Tech.

791

679

598

88%

Dual Degree (B.Des. + M. Des.)

10

9

8

88%

Dual Degree (B.Tech. + M.Tech.)

215

187

178

95%

M.Des.

76

63

39

61%

M.P.P

12

9

6

66%

M.Phil.

214

159

110

69%

M.Sc.

583

532

479

90%

M.Tech.

166

131

41

31%

Others

27

21

11

52%

Grand Total

2174 

1845 

1516 

82%

*Includes Dual (B.Des. + M.Des.), Dual (B.S+M.S), Dual (M.Sc. + Ph.D.), Dual (M.Tech. + Ph.D.)

IIT Bombay Placement Highlight

IITB Placement Highlight 2023


IIT Bombay Top Recruiters

Google

IBM

Uber

Microsoft

Reliance

Bajaj

Vedanta

JSW

Hitachi

TATA Steel

Also See: IIT Bombay Facilities

Top IITs Placement Comparison 2024

Colleges Name

B.Tech Median Package

M.Tech Median Package

IIT Ropar

Rs 20 LPA

Rs 12 LPA

IIT Guwahati

Rs 21.60 LPA

Rs 12 LPA

IIT Kanpur

Rs 23 LPA

Rs 16 LPA

IIT Madras

Rs 16.63 LPA

Rs 15 LPA

The above table shows the Top IIT’s placement comparison as per the NIRF 2024 reports.

Domain

Engineering and Architecture

Level

UG

Year

4 Years

Statistics for Academic Year 2023

ParticularsStatistics
First year total students intake 874
Total students admitted 927
Total Graduated Students 798
Total Placed Students 644
Placement Percentage 100
Total student gone for higher studies 154
Median Salary 19.63 L

Placement yearly trends

Placement Percentage
Source Data NIRF 2024

Key takeaways from IIT Bombay's Placement Statistics

  • The Placement Percentage of IIT Bombay has decreased by 8.65 %
  • The Median salary of IIT Bombay has increased by 4.23 %

Students Review for IIT Bombay

One of the best college and best experience of mine

Verified ReviewPlacements

Placements are the best; we all want to be looked at. Placements here are great and have been experiencing largely unaffected growth in package. The highest package offered in the institute is 1.5 crore+, and the average goes up to INR 21 LPA, which is gate number. As far as chemical engineering is concerned, the average package goes around INR 18 to 19 LPA.

  • Infrastructure
  • Placements
  • Academics
  • Value for Money
  • Campus Life

A review of my UG college

Verified ReviewPlacements

I myself was placed at package of 26 lpa, and the other students in my my branch also got very decent packages. The placement percentage was very high that year. The placement process involves a no. of rounds that must includes aptitude, technical round and HR round..

  • Infrastructure
  • Placements
  • Academics
  • Value for Money
  • Campus Life

A general review when I was in IIT bombay

Verified ReviewPlacements

As a UG student you will get a decent package from IIT bombay , if you have developed some standard skills you can easily get 1 lpa Or off course more than that per month package. The placement for top branches is almost 90% and above...

  • Infrastructure
  • Placements
  • Academics
  • Value for Money
  • Campus Life

Have a question related to IIT Bombay ?

future of b.des course in iit bombay

IIT Bombay is considered very promising, with high placement rates, attractive average salaries, and a strong reputation in the design industry, making it a valuable degree for aspiring designers seeking diverse career opportunities across various sectors; graduates from IIT Bombay's B.Des program often land jobs with top companies with high packages due to the rigorous curriculum and industry-relevant skills acquired at the institute.

The faculty for design are the best and most experienced in the country. The course is very interesting and demanding.being a world renowned design centre, and seeing the offers gotten by the bachelor's students, one can expect good job offers for B.des.

The average annual CTC salary package was INR 23.50 LPA, the median salary was INR 17.92 LPA, and 364 companies offered jobs in 2023-24. Last 3-4 year placement are also good.

Moreover IIT Bombay also offers a 5-year dual degree program option for eligible students, which allows them to combine their B.Des. with an M.Des.

Can you tell me how many marks has to score get admission at iit bombay for b.des through uceed exam

IIT Bombay has 30 seats for b.des with 30% reservation. To get admission to IIT Bombay, rank should be between 1-14 for the open category. So, you must secure AIR 14 to secure a seat in IIT Bombay.

Safe score in umeed for b .des is between 115 and 125 to get b.des. Various IITs accept umeed score like IIT Delhi, IIT Roorkee, IIT Guwahati etc

IIT Bombay has the highest rank to get a seat than any other IIT for b. des.

Can I get addmission in IIT bombay or other IIT's than in Karnataka in sc category if I am from Karnataka and I have only caste certificate and domicile certificate of Karnataka and in the Karnataka there is no caste validity certificate that's why I don't have it! So there is an chance?

Hello Ayush,

Yes, you can apply for admission to IIT Bombay or other IITs under the SC category even if you're from Karnataka and have only a caste certificate and domicile certificate. IITs typically require the caste certificate for reservation purposes, but the absence of a caste validity certificate may not disqualify you. However, it's essential to check the specific admission guidelines for the IITs you're interested in, as requirements can vary. You may also want to contact the IIT admissions office directly for clarification on your situation.


I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.

Thank you and wishing you all the best for your bright future.


IIT Bombay Frequently Asked Questions (FAQ's)

1: How many students got placed in Indian Institute of Technology Bombay placements 2023?

A total of 1441 students were placed in reputed organisations in the year 2023-24. 

2: Name a few of the Indian Institute of Technology Bombay top recruiters?

IBM, Google, Amazon, Mahindra are some of the top recruiters of IIT Bombay. 

3: What was the average salary package offered at IIT Bombay placement 2023?

as per the IIT Bombay placement reports 2023-24, 90% of BS students were placed and 88% of B.Tech students were placed during campus placements. 

4: Who look after the placement of IIT Bombay students?

The training and placement office of the institute is responsible for handling IIT Bombay placement activities. 

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