IIT Bombay Placements 2024 - Highest Package, Average Package, Student Placed

Indian Institute of Technology Bombay has released placements for 2023-24. 543 companies registered, of these 388 participated in the placements and 364 companies made offers during IIT Bombay placements 2024. There was a 12% increase in the number of recruiting companies. IIT Bombay average salary package offered to students is Rs 23.50 LPA. 

In IIT Bombay placements 2023-24, 1650 job offers were made and 78 international offers were made. For UG students, IIT Bombay highest salary stood at Rs 1.68 crores. In the year 2023-24, 90% of BS students were placed as per the IIT Bombay placement reports and 88% of B.Tech students were placed. During IIT Bombay placements, around 40 companies conducted interviews in two slots. On day one, there was an 80% increase in regular recruiters compared to the previous year's placement drives in IIT Bombay. Top companies such as Procter and Gamble, Sony Japan, Texas Instruments, Qualcomm, and Tata Group participated in the IIT Bombay placements. Indian Institute of Technology Bombay has a dedicated training and placement cell that manages all placement activities on campus. 

Also See: IIT Bombay Courses

IIT Bombay Placements 2024

Candidates can check the detailed comparison of IIT Bombay placements in 2024 and 2023 in the table given below.

IIT Bombay Placement Report

Also See: IIT Bombay Admissions

IIT Bombay Programme Wise Placements 2024

MS research students received the highest placements and the placement percentage stood at 93.33%. IIT Bombay B.Tech placement percentage stood at 83.39%. The details of number of students placed and placement percentage are given below. 

Programme Wise Placement Data of IIT Bombay

Note: *Includes other programmes such as 5 yr. Dual Degree (B.S. + M.S.), Dual Degree (B.S. + M.Tech.) Dual Degree (M.Tech. + Ph.D.), M.Sc. + Ph.D., MUDE, M.Sc. + Ph.D.

IIT Bombay Salary Package 2024

For UG students, IIT Bombay average salary package was Rs 21.82 lakhs while the minimal salary is Rs 5.43 lakhs. Candidates can check the IIT Bombay 2023-24 placements and previous year placements statistics as follows.

IIT Bombay UG Placement Statistics 2023-24

Note: The above data is taken from the official source of IIT Bombay.

IIT Bombay NIRF 2024 Placements

According to the NIRF 2024 data, IIT Bombay placed nearly 644 UG (4-year) students with a median salary of Rs 19.63 lakhs, 187 UG (5-year) students with an IIT Bombay median package of Rs 18.50 lakhs, and 641 PG students with median salary of Rs 15.00 lakhs. The details of the placement statistics of the Indian Institute of Technology Bombay as per NIRF 2024 overall report are given below in tabular form. 

IIT Bombay Placements 2022-23 for UG 4-year programme 

IIT Bombay Placements 2022-23 for UG 5-year programme

Also See: IIT Bombay Cutoff

IIT Bombay PG Placement Statistics 2022-23 

IIT Bombay Internships 2024

IN 2024, IIT Bombay offered 1267 internship opportunities to students. Out of this 1,177 offers were made by companies and 90 offers made by universities. Check below for details of IIT Bombay internships 2024. 

IIT Bombay Internship Report

Year-wise Analysis of IIT Bombay Placements

The table below shows the comparison of students placed over the last three years from the major degree programmes.

IIT Bombay Placements Comparative Analysis

IIT Bombay Placements 2023

During the placement drive, over 200 Pre-Placement offers were accepted. In total, recruiting firms made 1898 job offers, with 1516 offers being accepted by students. IIT Bombay highest salary package was Rs 1.68 crore per annum, while the highest international package reached Rs 3.67 crore per annum.

IITB Salary Package 2023

Also See: IIT Bombay Affiliated Colleges

IIT Bombay Sector wise Placements 2023

The college offers placements in multiple sectors: Analytics, Data Science, Design, Research, Consulting, Finance, Banking, and Services. The opportunities provided by the firms offered extensive learning, travelling experience, and diverse work culture.

IIT Bombay Placements Branch Wise 2023

Overall, 82% of the students who registered for the placement process were placed. The following table provides the course-wise break-up for the IIT Bombay placements 2022-2023.

*Includes Dual (B.Des. + M.Des.), Dual (B.S+M.S), Dual (M.Sc. + Ph.D.), Dual (M.Tech. + Ph.D.)

IIT Bombay Placement Highlight

IIT Bombay Placement Process

• The placement office sends invitations to the companies to attend the IIT Bombay placement drive.

• Interested recruiters will create an account on the website of the Indian Institute of Technology (IIT) Bombay. 

• Recruiters can then create the jobs or internships containing the job details which the executive officers will verify.

• After verifications, the job offers are made available for the students and interested students can apply for these jobs.

• Companies shortlist the students based on their resumes.

• Thereafter, companies conduct the screening process and shortlist the students for the interview process. 

•  Companies provide a list of the selected students to the IITB placement cell. 

IIT Bombay Top Recruiters

Also See: IIT Bombay Facilities

Top IITs Placement Comparison 2024

The above table shows the Top IIT’s placement comparison as per the NIRF 2024 reports.