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

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:

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.

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.

 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. 

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.

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.

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.

Before securing an internship, you need to analyze some points that will make the process easier. Work on these and then embark on your journey to work as an intern.

• Why should I do an internship?
• What internship should I do?
• Where to search for an Internship and how to proceed?
• What are the prerequisites? What should I have? A good SOP? A good CV?
• What is a good Statement of Purpose and How to make it? How to make a good resume?
• When should I start to search for an Internship for Institute and Well-known Companies?

Only once you are clear with these points, should you proceed to look for an internship.

Now, IIT Bombay has 2 main ways to offer internships to its students.

1. Ekalavya Internship Program **EKALAVYA HOME Page (EKALAVYA HOME Page)
2. By mailing to the professor of your field of interest.

Ekalavya Internship Program:

Suitability: This is most suitable for those who are completing the 3rd year only. However, it may also be suitable for 2nd-year students with exceptionally good academic performance.

Procedure: 

1. Apply for the internship.
2. If you get selected for the first round., you will have to wait for the second round
3. The second round is an Online Test. Take help from seniors during preparing for this round. 
4. You get selected finally once you clear their second round.

Write an email to the professor

This may sound like an ineffective technique to get an internship when in reality it’s the most under-rated, under-used tool for grabbing an internship abroad. But one must keep in mind that this method is not definitely easy as it depends on a number of factors. I have mentioned some tips that will help you get a clear picture of how to get an internship by writing an email to your professor.

• Don't lose hope after one or two emails go rejected 
• Don't contact two professors in the same department
• Be specific about the area you want to intern in
• Start your internship hunting early
• Target the right country

I hope my answer helped get a good idea on how to get an internship offer at IIT Bombay.

Goldman Sachs Group, Inc. is a global investment banking, securities and investment management firm that offers various financial services to clients including corporations, financial institutions, governments and individuals. 

Here are the details of the hiring process at Goldman Sachs:

• Round 1: Aptitude Test

• • Total number of Questions: 66 MCQ
  • Total Time: 90 mins
  • Difficulty: Moderate-High
  • Marking Scheme: +5 for Correct MCQ, and -2 for Incorrect MCQ
  • Cut-Off: 75%

• Round 2: Technical Test

• • Total number of Questions: 20 (15 MCQ and 5 Subjective)
  • Total Time: 135 mins
  • Difficulty: High
  • Marking Scheme: +5 for Correct MCQ, -2 for Incorrect MCQ, and + 10 for Subjective
  • Cut-Off: 70%
• Round 3: Interview Round: You should be prepared for a potentially long and tiring interview process as it can take the entire day, from 9 am to 6 pm.

When applying for a job at Goldman Sachs, it is important to note that formal attire is required for work, and smart casuals are allowed only on Fridays. There are no restrictions on work hours. Most of the team members are from IIT/IIM, making it easy to start a conversation and get friendly with them. The team members are very helpful, but one has to put in considerable effort.

While most answers and placement reports deal with only statistics and data, here I am going to give an insight into MTech branch-wise placements

• CSE: This branch is considered the best given its high packages and guarantee of placements. In fact, if you are working hard you can even land your dream job.
• Mechanical and Electrical: If you are after core jobs, then these branches are the best for you. A large number of companies offering core profiles visit the campus. However, recently ML, DL, and AI have gained popularity and thus most Mechanical students are opting for these fields and also conducting research in the same. Basically, this branch to enjoys a high level of placements.
• IEOR and Applied Statistics and Informatics: All these branches have pretty good placements and almost 100% of students get placed in these branches.
• IDC - The placements for this branch are conducted separately and the chances of placements are also low in comparison to other branches.

Other branches such as Civil, Chemical, Aerospace, and MEMS: The placements of these miscellaneous branches change every year and depend on 2 main factors, market scenario and the companies visiting the campus for placements. The Placement percentage in these branches varies from 85% to even 50%

The following table represents the mechanical placements for the batch 2023 at IIT Bombay:

Mechanical Engineering can get you a job in the following sectors

• Analytics
• Consulting
• Education
• Engineering & Technology
• Finance
• FMCG
• Public Sector/Government
• Research & Development
• Services

The placements and the roles you will be offered depend a lot on your interest and how much you have prepared in the last 3 semesters.

IIT Bombay is indeed one of the best Engineering institutes in India and takes the highest JEE AdvanceD rankers in their Mechanical Engineering branch. This is why it attracts the best companies and roles.