![IIT Bombay - Indian Institute of Technology - [IITB]](https://image-static.collegedunia.com/public/college_data/images/logos/1431953162ccgsygdygw.jpg?h=71.7&w=71.7&mode=stretch)
The highest package offered at IIT Bombay is INR 1 Crore, while the average package stood at INR 23.5 Lakhs. Various recruiters participated in the recruitment process of IIT Bombay including IBM, Mahindra & Mahindra, Qualcomm India Pvt. Ltd., Reliance Industries Limited [RIL], Schlumberger and more.
IIT Bombay Placement 2026 report has not been released yet. However, as per the latest placement report, the average package stood at INR 23.50 LPA, and the median package was INR 17.92 LPA. Further, 22 students of IIT Bombay accepted packages of above INR 1 Cr PA. A total of 388 companies participated, including top recruiters such as Apple, Google, Intel, Godrej, Halliburton, Accenture, Barclays, Michelin, Pfizer, Amazon, Honeywell, Hitachi, Boeing, Reliance, Sony, Qualcomm, Nvidia, Microsoft, Bosch, Texas Instruments, Mastercard, Oracle, Adobe, and Atlassian.
Table of Contents
- IIT Bombay Placement Report
- IIT Bombay Average Package: Year-Wise Trends
- IIT Bombay Highest Package: Year-Wise Trends
- IIT Bombay Placement: Salary Statistics
- IIT Bombay MBA Placement
- IIT Bombay PhD Placement
- IIT Bombay Internship Placement Report
- IIT Bombay Placement: Top Recruiters
- IIT Bombay Placement: Company-Wise Statistics
- IIT Bombay Placement: Sector-Wise Statistics
- IIT Bombay Placement: Course-Wise Statistics
- IIT Bombay Placement: Department-Wise Statistics
- IIT Bombay Placement FAQs
IIT Bombay Placement Report
The placement report of IIT Bombay 2026 is currently unavailable. The major highlights of IIT Bombay Placement 2024, along with a comparison, are mentioned below:
| Particulars | Placement Stats (2024) | Placement Stats (2023) |
|---|---|---|
| No. of Registered Students | 2414 | 2174 |
| No. of Students Participated | 1979 | 1845 |
| No. of Companies Offering Jobs | 364 | 324 |
| No. of Job Offers | 1650 | 1788 |
| No. of Accepted Offers | 1475 | 1516 |
| Pre-Placement Offers Accepted | 258 | 194 |
| International Job Offers Accepted | 78 | 65 |
| Job Offers above INR 1 Cr PA | 22 | 16 |
| Average Package | INR 23.50 LPA | INR 21.82 LPA |
| Median Package | INR 17.92 LPA | INR 16.66 LPA |
IIT Bombay Average Package: Year-Wise Trends
The average package offered in 2024 saw an increase of approximately 7.7% compared to the average package offered in 2023. The year-wise trends of average packages secured at IIT Bombay Placement are mentioned below:
| Year | Average Package |
|---|---|
| 2024 | INR 23.50 LPA |
| 2023 | INR 21.82 LPA |
| 2022 | INR 21.5 LPA |
| 2021 | INR 17.91 LPA |
IIT Bombay Highest Package: Year-Wise Trends
As per research, the highest international package offered in 2024 saw a decrease of approximately 40.05% compared to the highest international package offered in 2023. Meanwhile, the highest domestic package offered in 2024 saw a decrease of approximately 40.48% compared to the highest domestic package offered in 2023.
The year-wise trends of highest packages secured at IIT Bombay Placement are mentioned below:
| Year | Highest International Package | Highest Domestic Package |
|---|---|---|
| 2024 | INR 2.2 Cr PA | INR 1 Cr PA+ |
| 2023 | INR 3.67 Cr PA | INR 1.68 Cr PA |
| 2022 | INR 2.1 Cr PA | INR 1.8 Cr PA |
IIT Bombay Placement: Salary Statistics
The salary statistics of IIT Bombay Placement 2024 are mentioned in the table below:
| Gross Salary (INR LPA) | Number of Offers | Number of Companies |
|---|---|---|
| Above 20 | 558 | 123 |
| Between 16.75 to 20 | 230 | 70 |
| Between 14 to 16.75 | 227 | 60 |
| Between 12 to 14 | 93 | 29 |
| Between 10 to 12 | 161 | 46 |
| Between 8 to 10 | 128 | 43 |
| Between 6 to 8 | 68 | 25 |
| Between 4 to 6 | 10 | 7 |
IIT Bombay MBA Placement
The placement report of 2026 is currently unavailable for IIT Bombay. The highest package offered in 2024 for MBA saw an increase of approximately 33.33% compared to the highest package offered in 2023. Further, the average package offered in 2024 for MBA saw a decrease of approximately 3.01% compared to the average package offered in 2023.
The major highlights of IIT Bombay MBA Placement 2024, along with a comparison with placement details of 2023, are mentioned below:
| Particulars | MBA Placement Statistics 2024 | MBA Placement Statistics 2023 |
|---|---|---|
| Highest Package | INR 72 LPA | INR 54 LPA |
| Average Package | INR 28.01 LPA | INR 28.88 LPA |
| Top 25% Average Package | INR 38.29 LPA | INR 40.80 LPA |
| Top 50% Average Package | INR 33.82 LPA | INR 34.58 LPA |
| Top 75% Average Package | INR 30.71 LPA | INR 31.41 LPA |
| Median Package | INR 26.73 LPA | INR 26.64 LPA |
| Percentage of PPOs | 47% | 50% |
| Average Package (PPO) | INR 29.97 LPA | INR 30.35 LPA |
IIT Bombay MBA Placements: Sector-Wise Statistics
The sector-wise statistics of IIT Bombay MBA Placement 2024 are mentioned in the table below:
| Sectors | Company Split | Students Split |
|---|---|---|
| IT / E-commerce | 23% | 18% |
| BFSI & Conglomerate | 19% | 23% |
| FMCG / FMCD | 19% | 19% |
| Consulting | 12% | 19% |
| Pharma & Others | 27% | 21% |
What career opportunities are available after completing an MBA from IIT Bombay?
Obtaining an MBA degree from IIT Bombay can lead to a variety of exciting job options. Graduates frequently land jobs involving managerial duties and team leadership. Following an MBA, the following are some common job roles and their typical salaries:
| Job Role | Average Salary (INR) |
|---|---|
| Finance Manager | 9.6 LPA |
| Marketing Manager | 10 LPA |
| Sales Manager | 10 LPA |
| Human Resources Manager | 4 LPA |
| Operations Manager | 7 LPA |
| Product Manager | 15 LPA |
Note: Salary data is sourced from Payscale.com
IIT Bombay PhD Placement
The average package offered in 2024 for PhD saw an increase of approximately 0.65% compared to the average package offered in 2023. The major highlights of IIT Bombay PhD Placement 2024, along with a comparison with placement details of 2023, are mentioned below:
| Particulars | PhD Placements Statistics 2024 | PhD Placements Statistics 2023 |
|---|---|---|
| Registered Students | 230 | 166 |
| Active Participants | 118 | 131 |
| Accepted Offers | 32 | 41 |
| Average Package | INR 18.46 LPA | INR 18.34 LPA |
| Percentage of Offers to Active Applicants | 27.11% | 31.66% |
IIT Bombay Internship Placement Report
The PPOs offered in 2024 saw no change compared to the PPOs package offered in 2023. However, the PPOs accepted saw an increase of approximately 32.99% compared to the PPOs accepted in 2023.
The major highlights of IIT Bombay Internship Placement 2024, along with a comparison with placement details of 2023 and 2022, are mentioned below:
| Particulars | Internship Statistics 2024 | Internship Statistics 2023 | Internship Statistics 2022 |
|---|---|---|---|
| No. of Internships | 1267 | 1104 | 1195 |
| No. of PPOs Offered | 300 | 300 | 248 |
| No. of PPOs Accepted | 258 | 194 | 201 |
| Summer Internship Offers | 1178 | 963 | 924 |
| Winter Internship Offers | 89 | 141 | 271 |
IIT Bombay Placement: Top Recruiters
A total of 388 companies participated, and 364 companies made offers to the students of batch 2024. The top recruiters who participated in the placements at IIT Bombay are mentioned below:
| Top Recruiters | |||
|---|---|---|---|
| Apple | Atlassian | Adobe | Amazon |
| Accenture | Barclays | Bosch | Boeing |
| Godrej | Honeywell | Hitachi | |
| Halliburton | Intel | Microsoft | Mastercard |
| Michelin | Nvidia | Oracle | Pfizer |
| Qualcomm | Reliance | Sony | Texas Instruments |
IIT Bombay Placement: Company-Wise Statistics
A total of 1475 offers were secured at IIT Bombay Placement 2024. The company-wise statistics are mentioned in the table below:
| Category | No. of Placements |
|---|---|
| Placement Outside India | 78 |
| Placements in MNCs in India | 775 |
| Placements in Indian Companies | 622 |
IIT Bombay Placement Companies: Year-Wise Trends
The no. of companies offering jobs in 2024 saw an increase of approximately 12.35% compared to the no. of companies offering jobs in 2023. The year-wise trends of no. of companies offering jobs at IIT Bombay Placement is mentioned below:
| Year | No. of Companies Offering Jobs |
|---|---|
| 2024 | 364 |
| 2023 | 324 |
| 2022 | 332 |
| 2021 | 292 |
IIT Bombay Placement: Sector-Wise Statistics
The sector-wise statistics at IIT Bombay Placement 2024 are mentioned in the table below:
| Sector | Number of Selections | Number of Companies |
|---|---|---|
| Engineering & Technology | 430 | 106 |
| IT / Software | 307 | 84 |
| Consulting | 117 | 29 |
| Finance | 113 | 33 |
| Research & Development | 97 | 36 |
| Education | 30 | 11 |
| Public Sector Undertaking | 6 | 2 |
| Product Management | 20 | 8 |
| Data Analytics | 78 | 22 |
| Design | 33 | 17 |
| Data Science | 48 | 16 |
| Software Development | 16 | 7 |
| AI/ML | 15 | 8 |
| Other | 165 | 59 |
IIT Bombay Placement: Course-Wise Sector Distribution
The sector-wise statistics of offers secured at IIT Bombay Placement 2024 for different courses are mentioned in the table below:
| Sectors | B.Tech | Dual Degree | M.Tech | Other Programs |
|---|---|---|---|---|
| IT/Software | 178 | 22 | 78 | 29 |
| Engineering & Technology | 159 | 46 | 194 | 31 |
| Finance | 80 | 14 | 3 | 16 |
| Consulting | 65 | 15 | 23 | 14 |
| Data Analytics | 27 | 9 | 17 | 25 |
| Data Science | 27 | 9 | 9 | 3 |
| Research & Development | 19 | 15 | 39 | 24 |
| Product Management | 15 | 4 | 0 | 1 |
| Education | 9 | 0 | 2 | 19 |
| PSU | 5 | 1 | 0 | 0 |
| Software Development | 8 | 2 | 4 | 2 |
| AI/ML | 4 | 1 | 7 | 3 |
| Services | 4 | 0 | 0 | 2 |
| Operations | 4 | 0 | 0 | 0 |
| Design | 0 | 1 | 3 | 29 |
| Other | 79 | 21 | 36 | 19 |
IIT Bombay Placement: Course-Wise Statistics
The course-wise statistics of IIT Bombay Placement 2024 are mentioned in the table below:
| Courses | Students Registered | Students Participated | Students Placed | Placement % |
|---|---|---|---|---|
| B.Tech | 930 | 819 | 683 | 83.39 |
| M.Tech | 564 | 497 | 415 | 83.5 |
| MS (Research) | 23 | 15 | 14 | 93.33 |
| Dual Degree (B.Tech + M.Tech) | 216 | 192 | 152 | 79.16 |
| M.Sc (2 years) | 228 | 158 | 87 | 55.06 |
| Bachelor’s in Science (4 years) | 69 | 60 | 39 | 65.00 |
| B.Des | 26 | 17 | 9 | 52.94 |
| Dual Degree (B.Des + M.Des) | 10 | 10 | 4 | 40.00 |
| M.Des | 69 | 63 | 36 | 57.14 |
| MS (Research) (Exit Degree) | 10 | 7 | 1 | 14.38 |
| MPP | 11 | 6 | 0 | 0.00 |
| PhD | 230 | 117 | 32 | 27.35 |
| Others | 28 | 18 | 3 | 22.22 |
IIT Bombay Placement: Department-Wise Statistics
The department-wise statistics of IIT Bombay Placement 2024 are mentioned in the table below:
| Department | Registered Students | Participated Students | Placed Students |
|---|---|---|---|
| Aerospace Engineering | 140 | 119 | 76 |
| Applied Statistics and Informatics | 34 | 30 | 24 |
| Earth Science | 61 | 34 | 14 |
| Biomedical Engineering | 21 | 15 | 12 |
| Biosciences and Bioengineering | 34 | 21 | 11 |
| Centre for Policy Studies | 11 | 6 | 0 |
| Centre for Research in Nanotechnology & Science | 8 | 4 | 2 |
| Centre of Studies in Resources Engineering (CSRE) | 2 | 2 | 2 |
| Technology and Development (C-TARA) | 37 | 30 | 25 |
| Centre for Urban Science and Engineering | 10 | 9 | 5 |
| Chemical Engineering | 190 | 160 | 119 |
| Chemistry | 80 | 59 | 22 |
| Civil Engineering | 177 | 146 | 113 |
| Computer Science Engineering | 275 | 254 | 230 |
| Economics | 32 | 30 | 21 |
| Educational Technology | 5 | 3 | 2 |
| Electrical Engineering | 319 | 281 | 232 |
| Engineering Physics | 61 | 41 | 28 |
| Energy Science and Engineering | 81 | 59 | 39 |
| Environmental Science and Engineering | 50 | 42 | 34 |
| Geo-informatics and Natural Resources Engineering | 26 | 23 | 17 |
| Humanities and Social Sciences | 9 | 5 | 0 |
| Industrial Design Centre (IDC) | 105 | 90 | 49 |
| Industrial Engineering and Operations Research | 38 | 36 | 29 |
| Mathematics | 49 | 37 | 20 |
| Mechanical Engineering | 308 | 260 | 229 |
| Metallurgical Engineering and Materials Science | 185 | 152 | 106 |
| Physics | 48 | 22 | 7 |
| Systems and Control Engineering | 18 | 9 | 7 |
IIT Bombay Placement FAQs
Ques. What is the placement rate of IIT Bombay?
Ans. IIT Bombay has one of the highest placement rates. However, the placement rate in 2024 was 75% and in 2023 it was 82%. The placement rate had a decline of 7%. The institute secured the lowest package of INR 4 LPA in 2024, a decrease of approximately 33.33% compared to the lowest package of INR 6 LPA secured in 2023.
Ques. What is the year-wise trend of average packages at IIT Bombay?
Ans. The year-wise trends of average packages secured at IIT Bombay Placement in the last four years is mentioned below:
| Year | Average Package | Percentage Change |
|---|---|---|
| 2024 | INR 23.50 LPA | Increase of approximately 7.7% |
| 2023 | INR 21.82 LPA | Increase of approximately 1.49% |
| 2022 | INR 21.50 LPA | Increase of approximately 20.04% |
| 2021 | INR 17.91 LPA | N/A |
Ques. What are the placement statistics of B.Tech students at IIT Bombay?
Ans. As per the placement report of 2024, IIT Bombay secured a placement of 83.39% for the B.Tech students of batch 2024. 930 students registered for the placements. 819 students participated out of which 683 students were successfully placed. Companies from IT/Software sector offered the highest no. of jobs, ie, 178 offers followed by companies from Engineering & Technology sector offering 159 jobs. Recruiters from the Finance sector made 80 offers, Consulting sector made 65 offers, and Data Analytics & Data Science sectors, each offered 27 jobs. The AI/ML, Services, and Operations sectors provided the lowest offers, ie, 4 jobs each.
Ques. What is the year-wise trend of highest packages at IIT Bombay?
Ans. The year-wise trends of highest packages secured at IIT Bombay Placement in the last three years is mentioned below:
| Year | Highest International Package | Percentage Change |
|---|---|---|
| 2024 | INR 2.2 Cr PA | Decrease of approximately 40.05% |
| 2023 | INR 3.67 Cr PA | Increase of approximately 74.76% |
| 2022 | INR 2.1 Cr PA | N/A |
Ques. How are the internship placements at IIT Bombay?
Ans. Students at IIT Bombay completed 1267 internships in 2024. Out of which, 300 students were offered PPOs and 258 students accepted. The institute conducts internships in two phases: Summer Internships and Winter Internships. In 2024, IITB secured 1178 summer internship offers and 89 winter internship offers. Summer internship offers saw an increase of approximately 22.33% compared to 2023. Meanwhile, winter internship offers saw a decrease of approximately 36.88% compared to 2023.
Ques. How are the placements at IIT Bombay in 2024?
Ans. Here are the main highlights of the IIT Bombay placement scenario for 2024:
| Details | 2024 Statistics |
|---|---|
| Average Package | INR 23.5 LPA |
| Median Package | INR 17.92 LPA |
| Placement Rate | 74.53% |
| Registered Students | 2414 |
| Participated Students | 1979 |
| Students Placed | 1475 |
| Offers Accepted | 1475 |
| Offers Made | 1650 |
| Total Recruiters | 364 |
| Offers Above 1 CPA | 22 |
| PPOs Accepted | 258 |
| International Offers Accepted | 78 |
Ques. How are the MBA placements at IIT Bombay?
Ans. IIT Bombay secured a 100% placement for the MBA batch of 2024. SJSOM, Management School of IITB saw a participation of 48 companies, out of which 11 were new recruiters. The highest package secured was INR 72 LPA, an increase of approximately 33.33% compared to 2023. Further, the average package offered was INR 28.01 LPA, a decrease of approximately 3.01% compared to 2023. The average package of the top 25% was INR 38.29 LPA. 47% of the students received PPOs with an average package of INR 26.73 LPA. Top recruiters included JP Morgan Chase & Co, ICICI Bank, Deloitte, PwC, Wipro, Hexaware, Britannia, Loreal, Air India, Cipla, Tata Communications, and Atomberg. Companies from the IT / E-commerce sector offered the highest no. of jobs, ie, 23%, followed by companies from the BFSI & Conglomerate and FMCG / FMCD sectors, each offering 19% of the jobs.
Ques. What is the number of students placed during PhD placements at IIT Bombay?
Ans. Here are the key details regarding IIT Bombay PhD placements over the last three years:
|
Details |
2022 |
2023 |
2024 |
|---|---|---|---|
|
Registered Students |
177 |
166 |
230 |
|
Students Participated |
62 |
131 |
117 |
|
Students Placed |
28 |
41 |
32 |
|
Placement Percentage |
45% |
31% |
27.35% |
Ques. How many offers were made by the recruiters at IIT Bombay Placements?
Ans. 388 companies participated in the IIT Bombay Placement 2024. Out of which 364 companies made 1475 offers. 78 offers were made from international companies, 775 jobs were offered by Indian MNCs, and 622 offers were made by Indian companies. 106 companies from Engineering & Technology made the highest number of offers, ie, 430 jobs, followed by 84 companies from IT/Software offering 307 jobs.
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