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ApplyIndian 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
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
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.
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.
Candidates can check the detailed comparison of IIT Bombay placements in 2024 and 2023 in the table given below.
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 |
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.
Particulars | Statistics |
No of Students Placed | 644 |
Median Salary Offered | Rs 19.63 lakhs |
No of Students Selected for Higher Studies | 154 |
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
Particulars | Statistics |
No of Students Placed | 641 |
Median Salary Offered | Rs 15.00 lakhs |
No of Students Selected for Higher Studies | 125 |
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.
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
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 |
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.)
IBM | |
Uber | Microsoft |
Reliance | Bajaj |
Vedanta | JSW |
Hitachi | TATA Steel |
Also See: IIT Bombay Facilities
Colleges Name | B.Tech Median Package | M.Tech Median Package |
Rs 20 LPA | Rs 12 LPA | |
Rs 21.60 LPA | Rs 12 LPA | |
Rs 23 LPA | Rs 16 LPA | |
Rs 16.63 LPA | Rs 15 LPA |
The above table shows the Top IIT’s placement comparison as per the NIRF 2024 reports.
Particulars | Statistics |
---|---|
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 |
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.
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..
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...
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.
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.
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.
A total of 1441 students were placed in reputed organisations in the year 2023-24.
IBM, Google, Amazon, Mahindra are some of the top recruiters of IIT Bombay.
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.
The training and placement office of the institute is responsible for handling IIT Bombay placement activities.
Ranked #42 among Engineering colleges in India by NIRF | Highest CTC 50 LPA , 100% Placements
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CAT 2024 results is expected to be released on December 19, 2024.
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