What are the scholarships offered by IIT Bombay?

IIT Bombay offers various scholarships including Merit Cum Means Scholarship (Institute Scholarship), Dr. Burjor Godrej Scholarship, Aditya Birla Scholarship, OPJEMS Scholarship, and INSPIRE Scholarship. The details for all the scholarships are mentioned below:Merit Cum Means Scholarship (Institute Scholarship): Offered to candidates with an annual family income less than INR 4.5 lakhs on the basis of JEE Advanced rank. A free tuition fee of INR 25,000 per semester is awarded, along with a benefit of INR 1000 per month.Aditya Birla Scholarship: A scholarship of INR 65,000 per annum is awarded to students who maintain a score of 7.0 and must be in the top 25% of their batch.OPJEMS Scholarship: A scholarship of INR 65,000 per annum is awarded to the top 12 students from each batch from any specialization or stream for all 4 years.INSPIRE Scholarship: Students are offered a scholarship of INR 10,000 every year. The students must have opted for the Natural Sciences courses at the UG or PG level.

What is the hostel fee of IIT Bombay?

IIT Bombay has a residential campus with 17 hostels. Out of which 3 are female hostels, 13 are male hostels, and 1 co-ed hostel. Each hostel has its own mess facilities. The hostel fee is mentioned in the table below:ParticularsFees Per SemesterHostel ChargesINR 8,300Electricity and Water ChargesINR 4,000Hostel Amenities FundINR 1,900Hostel-Mess Security Deposit (One Time)INR 3,000Total Hostel FeeINR 17,200Per Semester Mess AdvanceINR 27,000Total Fees PayableINR 44,200

How are the placements at IIT Bombay?

As per the placement report of 2024, IIT Bombay secured 1475 offers from 364 companies. The average package was INR 23.50 LPA and the median package was INR 17.92 LPA. The research shows the highest package secured was INR 2.2 Cr PA, and 22 students accepted offers of above INR 1 Cr PA. INR 4 LPA was the lowest package secured by IIT Bombay. A total of 258 PPOs and 78 international offers were accepted by the students of batch 2024. The MBA batch of 2024 secured the highest package of INR 72 LPA and the average package stood at INR 28.01 LPA. 47% of MBA students received PPOs with the average package of INR 29.97 LPA.

Is IIT Bombay better than IIT Madras for B.Tech?

IIT Bombay and IIT Madras are both known for their B.Tech courses. However, the better option depends on factors like location, placements, fees, etc. IIT Bombay provides slightly better placement opportunities as it is the financial hub. However, IIT Madras is known for its better research opportunities. Students should choose IITB if they prioritize high placement packages, a strong alumni network, and a more diverse campus culture. Meanwhile, they should choose IITM if they are more interested in research, a strong academic program, a well-maintained campus, and a more affordable location.

How many seats are offered in the M.Tech program at IIT Bombay?

IIT Bombay offers a total of 938 seats for M.Tech under different specializations. The highest number of seats, ie, 131 seats, is offered for Electrical Engineering. 105 seats are available for Civil Engineering, and 100 seats are available for Mechanical Engineering. The institute offers 87 seats for Metallurgical Engineering, 86 seats for Computer Science Engineering, and 78 seats for Chemical Engineering.

How is the MBA program at IIT Bombay?

IIT Bombay offers MBA programs through its Shailesh J. Mehta School of Management (SJMSOM). MBA programs at IITB are offered under specializations such as Finance, Accounting, Operations, and HR. In addition, SJMSOM also provides technology management with core courses like Technology Policy, R&D Management, and Managing Technology Transfer. The first year fee for MBA is INR 4,33,000 across all the specializations. SJMSOM of IIT Bombay has been ranked 10thby NIRF Ranking 2024 under the Management category and 5thby the QS World Ranking 2024 for Business & Management Studies. In terms of placement, the highest package secured in 2024 was INR 72 LPA and the average package stood at INR 28.01 LPA.

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IIT Bombay Placement 2025: Highest Package, Average Package, Top Recruiters & Trends

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Updated on - Apr 28, 2025

IIT Bombay Latest Updates and News

28 Apr, 2025

IIT Bombay has released the Summer Placement Report 2024-26. The Highest Stipend offered was INR 5 LPA and the Median and Average Stipend offered was INR 3 LPA and INR 2.79 LPA, respectively. A total of 53 recruiters offered job roles with a Retention Rate of 65.9%. For the detailed report, Click Here.

IIT Bombay Placement 2025 report has not been released yet. However, as per the placement report of 2024, 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 2024 Report
IIT Bombay Average Package: Year-Wise Trends
IIT Bombay Highest Package: Year-Wise Trends
IIT Bombay Placement 2024: Salary Statistics
IIT Bombay MBA Placement 2024
IIT Bombay PhD Placement 2024
IIT Bombay Internship Placement 2024 Report
IIT Bombay Placement 2024: Top Recruiters
IIT Bombay Placement 2024: Company-Wise Statistics
IIT Bombay Placement 2024: Sector-Wise Statistics
IIT Bombay Placement 2024: Course-Wise Statistics
IIT Bombay Placement 2024: Department-Wise Statistics
IIT Bombay Placement 2025 FAQs

IIT Bombay Placement 2024 Report

The major highlights of IIT Bombay Placement 2024, along with a comparison with placement details of 2023, 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 Average Salaries

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 Highest Salary

IIT Bombay Highest Salaries

IIT Bombay Placement 2024: 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 2024

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 2024: 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%

IIT Bombay PhD Placement 2024

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 2024 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 2024: 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
Google	Godrej	Honeywell	Hitachi
Halliburton	Intel	Microsoft	Mastercard
Michelin	Nvidia	Oracle	Pfizer
Qualcomm	Reliance	Sony	Texas Instruments

IIT Bombay Placement 2024: 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 Company Trends

IIT Bombay Placement 2024: 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 2024: 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 2024: 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 2024: 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 2025 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 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. 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.

IIT Bombay Highest and Average Package

Highest PackageAverage Package

1 Cr

23.50 L

020.0 Lakhs40.0 Lakhs60.0 Lakhs80.0 Lakhs1.0 Crore

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IIT Bombay: Students' Opinion

AI-Generated Summary based on 397 Reviews

IIT Bombay is renowned for its exceptional placement and internship opportunities, attracting numerous top-tier national and international companies. The highest salary package reported ranges up to INR 4.3 crore, with the average package typically around INR 23-25 lakh per annum. Approximately 85-95% of students secure placements, with B.Tech students often achieving nearly 100% placement rates. Top recruiters include major corporations like Google, Microsoft, Amazon, Apple, and Goldman Sachs, offering roles in diverse sectors such as IT, finance, consulting, and core engineering.

Internship opportunities are also abundant, with stipends varying widely, some reaching up to INR 1.5 lakh per month. The placement process is well-organized, with students becoming eligible in their final year for placements and earlier for internships. The placement cell at IIT Bombay is highly active, ensuring a strong alumni network supports students in securing both placements and internships.

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Why To Join IIT Bombay - Reviews & Rating

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Sambhav Jha

4.8Helpful

B.Tech, Aerospace Engineering

Reviewed on Mar 13, 2025(Enrolled 2024)

All aspect of IITB sumarised

Placement Experience:

Campus placement is offered. In Fact most student opt for campus placement only. You can apply for off campus placement as well. The reputation of college is such that it helps in placement a lot. Students are eligible for campus placement after the 7th semester. I am planning to do MS in aerospace from a reputed foriegn university.

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Pushp Raj Choudhary

4.4Helpful

B.Tech, Mechanical Engineering

Reviewed on Mar 10, 2025(Enrolled 2023)

IIT Bombay insider view

Likes

This is the top most IIT which provides placement approx 23 lpa.

Student Snaps:

Placement Experience:

Our college placement is till now the best in India where computer science branch is having a average package of 30 lacs and core branches get 19lpa. Companies like Google Microsoft Accenture Oracle visit our campus. Almost average student gets place here

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PRATIKSHA KAPOOR

3.6Helpful

B.Tech, Chemical Engineering

Reviewed on Feb 22, 2025(Enrolled 2022)

Life at IIT Bombay : In and Out

Placement Experience:

Semester 7 is when the placement season starts, and sem 5 onwards you can appear for internship season. The highest package goes in crores but mostly in cse department, others not IT jobs have reletively lower packages avarage being 20 LPA. Almost 60 percent and above students get placed in my guess. I am planning to work in a chemical process design firm.

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Bhargava

4.4Helpful

B.Tech, Aerospace Engineering

Reviewed on Feb 19, 2025(Enrolled 2024)

Bhargava's magic

Student Snaps:

Placement Experience:

The campus placements at iit Bombay are good , we can apply for any company irrespective of our branch Students are eligible for placements from the 7th semester onwards There are no companies that visited iit bombay but did not offer The highest package ever recorded was around 4.5cr, it was in Fintech ( developing algorithms) 75-80 percent of the students get placed every year My plan is to sit for placements in the companies iam interested in after my degree

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Review Rebel

5.0Helpful

B.Tech, Mechanical Engineering

Reviewed on Feb 1, 2025(Enrolled 2022)

IIT Bombay

Placement Experience:

The college has a placement cell which tried to being the best companies and offers to our students each year. We get internship opportunities in our 3rd year and main placement in 4th year(mainly at the end of 7th sem). Most of the big tech companies(microsoft, google, amazon), consulting companies(McKinsey, BCG) to a name a few comes to our college each year. Around 75% students were placed last year(some choosing higher studies instead). The highest package last year was 3.61 crores and the average was around 22 lakh

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Abhijith kakkulath

4.6

B.Tech, Mechanical Engineering

Reviewed on Jan 28, 2025(Enrolled 2014)

For the one who are looking for affordable and quality this is the best

Placement Experience:

They have already informed us regards the placements and details of the places if we reach the criteria also i have seened 4-5 percentages of the students get the placements as i told you he was running the collae with kindness and help

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naga ganesh

4.3Helpful

B.Tech, Civil Engineering

Reviewed on Jan 15, 2025(Enrolled 2024)

IITB-A NEW LIFE

Dislikes

as per some reports we are hearing that placements are being reduced.

Placement Experience:

as far of my knowledge the plancements are the best than compared to any other college in india but the placents are decreasing as of the reports we got.average package is around 15-20 lakhs and highest is around 4 crore per annum.

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Chandrapal sahil

4.8Helpful

B.Tech, Electrical Engineering

Reviewed on Jan 14, 2025(Enrolled 2024)

Definitely this information is helpful for many of the students.

Placement Experience:

Almost 75% students are getting job through college. Students who are in last semester of their degree course are able to site in placement of college. Many companies from india and also companies from outside the india are also come to college placement. Total 364 companies were come to placement session of 2024 and that made job offers, 1475 offers were accepted by the students. Also my plan is to get best job through college placement session.

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Akash Kumar Singh

4.6Helpful

MBA, General

Reviewed on Jan 10, 2025(Enrolled 2024)

The Overall Experience at SJMSOM

Placement Experience:

The overall Placement of SJMSOM is very Good. Our seniors have cracked good package offers from different top companies like Flipkart, PNG, Nestle, etc. almost every students got placed with a good amount of packages. The highest package offered till now is about 32 Lakhs per annum and average package is around 18-19 LPA.

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Review Ninja

4.8Helpful

B.Tech, Civil Engineering

Reviewed on Dec 23, 2024(Enrolled 2022)

LIFE AT IITB

Placement Experience:

See you can't imagine the no of comapnies you get , they desperately chooose you and honeslty if you are a girl you are living your best life my dear , ofc you have to study , be smart do everthing req than only you get a good placement , but yes if you do everthing do hardwork a lot than college give you a lot of opportunities , companies from every fielf every domain comes here , even for interships we have companies all you need to do is hardwork to get them . Trust me there is lo of opportunity avaibalbe, for internship companies starts coming from 5th sem and placements occurs in dec in last year of college .

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IIT Bombay: 26 Answered Questions

What is the average salary of an IIT Bombay CSE graduate?

Akriti Guptalives in Mumbai, Maharashtra, India

The average salary of an IIT Bombay CSE graduate is around INR 23.26 LPA this year. IIT Bombay's highest package this year stood at INR 1.5 crores and was offered by Microsoft. I’m a general CSE graduate from top IITs receiving high packages in the range of INR 18-25 LPA.

There are many factors that contribute to the high packages received by IIT Bombay CSE graduates. Some of the core reasons are

Extremely high quality of education
A very strong alumni network
The excessive demand for skilled CSE professionals in the job market

IIT Bombay will serve you best if you are interested in pursuing a career in computer science. A few top recruiters that recruit CSE graduates of IIT Bombay are:

Google	Goldman Sachs	Oracle
Microsoft	IBM	Samsung
Amazon	Adobe	Uber

These companies offer a plethora of opportunities in software development, data science, machine learning, and cloud computing. The high packages lay a strong foundation for a successful career.

What is the average package for an MTech graduate from IIT Bombay?

Sumit BoseIIT Bombay (2019)

According to recent reports, the highest domestic and international package offered at the end of Phase 1 IIT Bombay placements 2023 stood at INR 3.67 crore per annum and INR 1.31 crore per annum, respectively. The average package offered during IIT Bombay placements 2023 stood at INR 23.26 LPA.

However, the average package is based on many factors. The package you are offered depends on a number of parameters like experience, knowledge, communication skills, etc. Some people receive a salary package that is low but with great additional benefits like stocks, accommodation, foreign travel, patents published, whereas some receive a high in-hand salary with no additional benefits.

Despite all, very few people in India are offered a package above 20 LPA. Most high-paying jobs are in Non-core fields like finance and consulting.

What is highest package for IDC, IIT Bombay?

Pratik GandhiB.Tech. CSE, IIT Bombay

IDC Technologies is a company that offers a range of technology solutions to businesses and organizations. As with any company, there are various positions within IDC Technologies, each with its own salary range.

According to available data, the highest-paying job at IDC Technologies is that of a Solution Architect, with a salary of INR 26.6 Lakhs per year. This indicates that this position is a highly sought-after and desirable role within the company. It is worth noting that this salary figure may vary depending on factors such as the employee's experience, skills, and performance.

The top 10% of employees at IDC Technologies earn more than INR 11 lakhs per year. This suggests that there is room for growth within the company for employees who perform well and demonstrate a commitment to their work. Additionally, the top 1% of employees earn more than INR 23 lakhs per year. This indicates that there are some highly successful and well-compensated individuals within the company.

It is important to note that salary estimates are based on data from 5.9k IDC Technologies employees.

How much are you earning after graduating from IIT Bombay?

Advaith BhaskarLives in Mumbai, Maharashtra, India (2000–present)

My sister is an IITian however she completed her Engineering from IIT Roorkee instead and not from IIT Bombay. Due to her average JEE Rank, she was admitted to Pulp and Paper Engineering branch only. Only later did she realize that high packages are reserved for very few people, The cream of the batch. Your branch and CGPA largely determine your package.

She faced a terrible situation during her placements. Not even below-average companies considered Pulp and Paper Engineering students. Owing to her interest in Programming, she was offered a job by Patni Computers at 3.6 LPA but with a 2-year bond of Rs. 75,000 (which required you to pay before joining as security). This seemed a bit odd and she decided to join an educational start-up that offered the same package without the bond. Most of her peers had much better packages on hand.

Today, she earns 12 times what she earned during that time and her income is at the same level as those of her peers. Even today she gets offers from people to consider moving to another more established startup at a 50% hike in salary.

Some very important lessons to learn from this are

Your first job does not define your success and is only a stepping stone to achieving so much more.
The area you choose in the first year does not define your career at all.
Find what exactly you love doing and are good at
The first job is not a measure of success or your abilities. It’s just an experiment to discover what exactly you are passionate about.
Your CGPA does not matter after your first job.

Go explore, and wait for years until you are successful.

How are the MTech placements of EE at IIT Bombay?

Adwait Tejasstudied Aerospace and Aeronautical Engineering at Indian Institute of Technology, Bombay (2021)

Based on the IIT Bombay placement report for the year 2022, out of the 670 students who were eligible for placement, 582 students participated, and 523 of them secured placements, resulting in a placement rate of 90%.

Additionally, IIT Bombay received a total of 511 job offers during the MTech placements for the year 2023. This number showcases the immense interest and demand for IIT Bombay graduates in the job market, with companies keen to recruit the institute's talented and skilled individuals.

What are the placements in M.Tech in mechanical engineering from IIT Bombay?

Sumit BoseIIT Bombay (2019)

The table below illustrates the placement statistics for the mechanical engineering batch of 2023 at IIT Bombay:

Company	Sectors	CTC In LPA	Gross Salary	Slot
GE ITC	Core	16.6	10.5	First Slot
Shell	Core	22.5	16.5	First Slot
Tata Steel	Core	11.8	10	First Slot
TATA Steel	Core	11.8	10	Second Slot
McKinsey Knowledge Center	Analytics/Data Driven Consult	21	19	Second Slot

During IIT Bombay M.Tech placements 2022, a total of 670 students registered, out of which 582 participated and 523 got placed. Therefore, the percentage of placements is 90.

To succeed in your academic and career pursuits, it is essential to focus on your studies and excel in your thesis project. If your interests lie outside of the core field, such as finance, analytics, or consultancy, it is important to develop your coding skills and hone your non-technical abilities. You can also gain extracurricular credits by taking advantage of the many opportunities available at IIT Bombay.

Ultimately, if you have the ability and drive, attending IIT Bombay is a rewarding experience that can provide you with the time of your life.

What are the placement opportunities in IIT Bombay's geoinformatics and natural resources engineering (GNR) department?

Naman GuptaGeoinformatics from Indian Institute of Technology, Bombay (IITB) (Graduated 2022)

There are innumerable placement opportunities in IIT Bombay’s Geoinformatics and Natural Resources Engineering (GNR) department. Here are the important points that you must keep in mind:

The placement stats for Geoinformatics and Natural Resources Engineering (GNR) at IIT Bombay are excellent, so don't worry about it if you are dedicated.
The curriculum for Geoinformatics at IIT Bombay is better than other colleges in India, and the courses offered are relevant to add value to your job applications and for research and learning purposes.
The department focuses on several domains, including remote sensing, GIS, and IoT, as well as machine learning and deep learning.
The median and average salary packages for GNR graduates are INR 13 LPA and INR 17.9 LPA, respectively, and many top companies recruit from this department.
To excel in placements, it's important to focus on your projects, coding skills, and resume. Start working on Python in your first semester, and also spend time on C++/Java programming skills, DBMS, and operating systems, depending on your interests.
Data structures are essential for software profiles, so make sure you are thorough with them. Electrical/electronics students can also prepare for core engineering roles with elective courses, but it's challenging to combine a hardware profile with your specialization.
Image processing, computer vision, deep learning, and IoT-related fields are good options for those with electrical/electronics backgrounds.

What is the placement scenario after PhD in IIT Bombay?

Advait JoshiLives in Mumbai, Maharashtra, India

The placement scenario after PhD in IIT Bombay is generally poor, according to student feedback and departmental elections.

Ph.D. students typically have very specific knowledge that may not be useful to companies, so they may not be recruited by BTech companies.
There is no specific body that helps bring companies for Ph.D. students, resulting in a lack of job opportunities for graduates.
Ph.D. graduates pursue two directions: Professor in a University or a specified job, but finding a job can be difficult without faculty contacts.

The average salary for a Ph.D. student at IIT Bombay ranges from INR 3.4 Lakhs to INR 4.2 Lakhs per year.

What is the average package of a civil engineer in IIT Bombay?

Advait JoshiLives in Mumbai, Maharashtra, India

The average package offered to a civil engineer at IIT Bombay depends on a multitude of factors like a student's academic performance, relevant work experience, skills, and the current job market demand.

According to IIT Bombay Placements reports of 2023, the average package offered to civil engineering graduates from IIT Bombay stood at INR 17.9 LPA. However, this is only an estimate and does not rightly portray the current job market scenario. The actual package offered to Civil Engineering students might be higher or lower than this average.

How are the placements of IEOR at IIT Bombay?

Aman AdhikariM.Tech in Industrial Engineering and Operations Research, Indian Institute of Technology, Bombay (IITB)

Campus Placement of IEOR at IIT Bombay is carried out in two phases. For the last two years, IIT Bombay has managed to earn its credibility by maintaining a 100% mark for MTech students. With the increase in the demand for IEOR, the number of students willing to pursue this program is increasing every year. This year the total seats for IEOR were 32.

Given the current scenario, IEOR is no longer restricted to OR Analysts. The job prospects of this program have broadened with some major roles like

Machine Learning Engineer
AI Engineer
Data Scientist
Data Engineer
Software Engineer
Financial Engineer
Actuarial Scientist
Consultant
Business Analyst
Supply Chain Analyst
Modeling Analyst

The key highlights of IEOR placements at IIT Bombay have been tabulated below

Particulars	Statistics
Placement percentage	78.95%
Median CTC	INR 13 LPA
Average CTC	INR 17.9 LPA
Total International Offers	58
Top Recruiters	ACCENTURE, Analog Device, Apple, CITI Bank, Google, Hindustan Unilever, HONEYWELL, IBM, ISRO

One can easily conclude that the placements of IEOR at IIT Bombay are just average. They provide you with the necessary opportunities only. It’s you who has to pave the way to success.

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IIT Bombay Alumni Distribution by Sector

Engineering 23%

Business Development 16%

Research 13%

Education 11%

Information Technology 8%

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