Freny Ashwin
Freny Ashwin

IIT Bombay Placement

The IIT Bombay is well-known for its high return on investment. 63 students accepted international offers during the first phase. 1,979 employment offers were received by the students. 258 PPOs were accepted by the students.. Airbus, Apple, Google, and Intel were among the Top Recruiters that participated in IIT Bombay Placements in 2024.

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. In 2023, the largest foreign and domestic packages offered at IIT Bombay Placements 2023 were INR 3.67 crore and INR 1.68 crore, respectively. In 2024, the average package was INR 23.5 LPA.

The placement details of IIT Bombay is given below. IIT Bombay denied the false claims made about 36% of students were not placed during the placement drive of 2024.

IIT Bombay: Placements 2024

The placement information of IIT Bombay 2024 is now available. IIT Bombay denied the false claims made about 36% of students were not placed during the placement drive of 2024. The placement details of IIT Bombay is given below. 

  • The average package offered to BTech students at IIT Bombay was INR 23.5 LPA
  • In 2023, the highest domestic package offered in Phase 1 of IIT Bombay placements remained INR 3.67 Crores.
  • INR 1.31 crore was the biggest overseas offer for 2023.
  • In 2023, the median package for IIT Delhi MTech and MBA programs was INR 14.76 Lakhs and INR 25.76 Lakhs, respectively.
ParticularsPlacement Statistics (2024)Placement Statistics (2023)Placement Statistics (2022)
No. of Companies Offered  Jobs364293332
Total No. of Offers Received197916481878
No. of PPOs Received-300-
No. of PPOs accepted258194201
No. of On-Campus Offers Received16501348-
No. of On Campus Offers Accepted147512371441
No. of International Offers-7166
No. of International Offers Accepted7863-
Highest International CTC-INR 3.67 CPAINR 2.1 CPA
Highest Domestic CTC-INR 1.31 CPA    INR 22.7 LPA

IIT Bombay: Median Salary 2024 

IIT Bombay Median Salary are mentioned in the table below: 

Course

Median Salary

B.E. / B.TechINR 23.5 LPA
B.Sc.INR 18.8 LPA
M.Sc.INR 16.56 LPA
M.E./M.TechINR 12.97 - INR20 LPA
MBA/PGDMINR 25.76 - INR26.64 LPA
M.A.INR 16.56 LPA

IIT Bombay: Top Recruiters 2024

The top recruiters of IIT Bombay during the placement drive of 2024 are given below.

IIT Bombay: Top Recruiters
ONGCAccentureHindustan UnileverQual Comm
HoneywellL&TUberMahindra Group
ISROITCAppleSamsung
VedantaCiti BankSonyReliance
Analog DevicesMicrosoftGoogleIBM

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: Internship 2024

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

Particulars

Internship Statistics 2024

Internship Statistics 2023

Internship Statistics 2022

No. of Internships127411041195
No. of PPOs Offered-300248
No. of PPOs Accepted258194201
Summer Internship Offers-963924
Winter Internship Offers-141271

IIT Bombay: 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 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
Read More

Top Recruiters

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

Student's Rating for IIT Bombay

Student Reviews & Ratings
3.3/5 Based on 9 Verified Reviews
Component Ratings
Faculty Rating 4
Infrastructure Rating 4.6
Placements Rating 4.1
Admission Rating 3.9
Hostel Rating 4.1
Club Rating 4.6

Frequently Asked Questions

Does IIT Bombay have 100% placement?

Yes, IIT Bombay have 100% placement for its students.

How many students received a salary package of over 1 crore at IIT Bombay?

A total of 25 students have received packages of over Rs 1 crore at IIT Bombay.

Which were IIT Bombay Top Recruiters ?

The Top Recruiting companies at IIT Bombay were Honeywell, ISRO, Airbus, Gulfstream and many more.

How many students were placed in the placement drive of 2023 at IIT Bombay?

The IIT Bombay Placement Drive 2023 was a rather successful one. Out of 1845 students who participated around 1898 offers were made and 1516 students were successfully placed.

What is the Highest Salary package offered at the IIT Bombay placements in 2023?

The IIT Bombay Placement 2023 Highest Salary was around INR 1.68 crore per annum.

What is the minimum package of IIT Bombay?

In 2015, IIT Bombay's lowest placement offer, for Rs 2 lakh, was in the field of education. The median package in all industries in 2018 alone ranged from Rs 6.6 lakh to Rs 21 lakh. In both 2017 and 2018, the highest domestic package granted in IIT Bombay

Who got 3.67 crore package?

One of the students from IIT Bombay got a package of 3.67 crore in the recent round of placements.

Which IIT got 4 crore package?

Jane Street, a mostly unknown company with very little digital presence in India, gave packages worth at least Rs 4 crore to three IIT students. Students from IIT Kanpur, IIT Bombay, and IIT Delhi received record pre-placement offers (PPO) from a Wall Str

What is the lowest package in IIT?

The annual tuition fees for elite IITs typically vary from Rs 10-20 lakh, while other IITs charge between Rs 5-10 lakh.

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