There are many factors that contribute to the high packages received by IIT Bombay CSE graduates. Some of the core reasons are
Goldman Sachs | Oracle | |
Microsoft | IBM | Samsung |
Amazon | Adobe | Uber |
In the 2021 placement drive, the average CTC offered to IIT Bombay CSE graduate is around INR 25 LPA. The highest CTC was INR 2.1 CPA. From the IT/Software sector, the average CTC offered was INR 27 LPA. Some of the top companies that visited IIT Bombay include BCG, Samsung, Microsoft, Goldman Sachs, etc.
The average salary package of a CSE graduate from IIT Bombay is around 20 lakh per annum. Notably, the CSE branch is among the highest recruited branch each year with 100 percent placement rate. Top recruiters who visited the campus included Goldman Sachs, IBM, Qualcomm, Tata Steel, EC Japan, Microsoft, Rubrik. Also reputed organizations like DRDO and ISRO visits the campus for recruiting students of CSE.
The above-mentioned figures are Cost to Company (CTC) which indicates the total amount of expense the employer spends on the employee. The CTC includes signing bonuses, performance bonuses, etc. which inflates the actual figure. So, the basic pay is less than the CTC mentioned. The CTC offered to you can also include “other benefits” which include medical, periodicals, meal vouchers, and vehicle-related expenses. Also, the overall average CTC offered to a CSE graduate at IIT Bombay varies from company to company. However, the average salary (basic pay) offered by renowned companies recruiting students of CSE at IIT Bombay is around 18 LPA.