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Updated on Mar 29 2025, 05:43 PM IST by Team Careers360

IIT Bombay Placements

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 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 package 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 NIRF 2025 Placements

According to the NIRF 2025 overall report, 731 UG 4-year students were placed with IIT Bombay median package of Rs 19.61 LPA. 156 UG 5-year students were placed during IIT Bombay placements 2024 with median package of Rs 19.25 LPA. Likewise, IIT Bombay median salary package of PG 2-year students is Rs 17.30 LPA. 

IIT Bombay Placement Statistics 2023-24

CoursesNumber of students placedMedian Package
UG 4-Year Courses

731

Rs 19,61,000
UG 5-Year Courses156Rs 19,25,000
PG 2-Year Courses663

Rs 17,30,000

IIT Bombay Placements 2024

22 job offers above Rs 1 crore were accepted during IIT Bombay placement drive 2024. Candidates can check the detailed comparison of IIT Bombay placements in 2024 and 2023 in the table given below.

IIT Bombay Placement Report

Particulars20242023

Total Number of Registered Students

2414

2174

Total Number of Actively Participated Students

1979

1845

Total Number of Accepted Offers

1475

1516

Total Number of Companies Offered Jobs

364

324

Total Number of Job Offers

1650

1788

Job Offers above Rs 1 crore accepted

22

16

Pre – Placement Offers accepted 

258

194

International Job Offers accepted

78

65

Average annual CTC Salary Package of students

Rs 23.50 LPA

Rs 21.82 LPA

Top Recruiting Sector

Engineering & Technology

Engineering & Technology

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 the number of students placed and placement percentage are given below. 

IIT Bombay Students Placed & Placement Percentage

CourseNumber of students placedPlacement Percentage

B.Tech

683

83.39%

M. Tech. 

415

83.5%

M.S. (Research) 

14

93.33%

Dual Degree (B.Tech. + M.Tech.)

152

79.16%

M.Sc. (2 years)

87

55.06%

Bachelors in Science (4 years)

39

65.0%

B. Des 

9

52.94%

Dual Degree (B.Des. + M. Des.)

4

40%

M. Des

36

57.14%

M.S. (Research) (Exit Degree)

1

14.28%

Others* 

3

22.22%

PhD

32

27.35%

Total

1475

74.53%

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 Branch-Wise Placement in last two academic years

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

ParticularsStatistics

IIT Bombay highest package

Rs 1.68 Crores

Minimum Annual Salary offered

Rs 5.43 lakhs

IIT Bombay average package

Rs 21.82 lakhs

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

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

ParticularsStatistics

Total number of internship offers

1267

Type of internship offers

1,177 offers made by companies and 90 offers made by universities

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

Year-wise Analysis of IIT Bombay Placements

Course202420232022

B.Tech. 

683

598

544

Dual Degree (B.Tech. + M.Tech.) 

152

178

184

M.Tech. 

415

479

523

Others

225

261

190

Total

1475

1516

1441

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

ParticularsPackage offered

Highest International Salary

Rs. 3.67 Crore

IIT Bombay Highest package (Domestic)

Rs. 1.68 crore

Average Salary Package of Selected Students 

Rs. 21.82 Lakhs per annum

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.

Sector wise Placements of IIT Bombay

SectorNumber of offersNumber of companies

Analytics 

79

21

Consulting

154

29

Data Science

25

13

Design

33

19

Education

81

7

Engineering & Technology

458

97

Finance

76

32

IT/Software

302

88

Public Sector Undertaking

14

4

Research & Development

92

30

Services

9

4

Others 

193 

59

IIT Bombay Branch Wise Placements  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.

IIT Bombay Course Wise Placements 2023

ProgrammeRegisteredParticipatedPlacedPercentage Placed

B.Des.

23

12

7

58%

B.S.

57

43

39

90%

B.Tech.

791

679

598

88%

Dual Degree (B.Des. + M. Des.)

10

9

8

88%

Dual Degree (B.Tech. + M.Tech.)

215

187

178

95%

M.Des.

76

63

39

61%

M.P.P

12

9

6

66%

M.Phil.

214

159

110

69%

M.Sc.

583

532

479

90%

M.Tech.

166

131

41

31%

Others

27

21

11

52%

Grand Total

2174 

1845 

1516 

82%

*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

IITB Placement Highlight 2023

Indian Institute of Technology 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 2023 for UG 4-year programme 

ParticularsStatistics

No of Students Placed

644

Median Salary Offered

Rs 19.63 lakhs

No of Students Selected for Higher Studies

154

IIT Bombay Placements 2023 for UG 5-year programme

ParticularsStatistics

No of Students Placed

187

Median Salary Offered

Rs 18.50 lakhs

No of Students Selected for Higher Studies

12

IIT Bombay PG Placement Statistics 2023 

ParticularsStatistics

No of Students Placed

641

Median Salary Offered

Rs 15.00 lakhs

No of Students Selected for Higher Studies

125

Also See: IIT Bombay Cutoff

Indian Institute of Technology 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. 

Participating Companies of IIT Bombay Placements

Some of the top recruiters of Indian Institute of Technology Bombay placements are given below. 

IIT Bombay Top Recruiters

Google

IBM

Uber

Microsoft

Reliance

Bajaj

Vedanta

JSW

Hitachi

TATA Steel

Also See: IIT Bombay Facilities

Top IITs Placement Comparison 2024

College NameB.Tech Median PackageM.Tech Median Package

IIT Ropar

Rs 20 LPA

Rs 12 LPA

IIT Guwahati

Rs 21.60 LPA

Rs 12 LPA

IIT Kanpur

Rs 23 LPA

Rs 16 LPA

IIT Madras

Rs 16.63 LPA

Rs 15 LPA

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

Domain

Engineering and Architecture

Level

UG

Year

4 Years

Statistics for Academic Year 2023

ParticularsStatistics
First year total students intake 874
Total students admitted 927
Total Graduated Students 798
Total Placed Students 644
Placement Percentage 100
Total student gone for higher studies 154
Median Salary 19.63 L

Placement yearly trends

Placement Percentage
Source Data NIRF 2024

Key takeaways from IIT Bombay's Placement Statistics

  • The Placement Percentage of IIT Bombay has decreased by 8.65 %
  • The Median salary of IIT Bombay has increased by 4.23 %

Students Review for IIT Bombay

My experience in this campus is wonderful.

Verified ReviewPlacements

Placements are good as my course is not much placement oriented but still I have the option to get placed with a very good package If I were doing the same course from somewhere else I will not even have the option to get placed just after the college

  • Infrastructure
  • Placements
  • Academics
  • Value for Money
  • Campus Life

One of the best college and best experience of mine

Verified ReviewPlacements

Placements are the best; we all want to be looked at. Placements here are great and have been experiencing largely unaffected growth in package. The highest package offered in the institute is 1.5 crore+, and the average goes up to INR 21 LPA, which is gate number. As far as chemical engineering is concerned, the average package goes around INR 18 to 19 LPA.

  • Infrastructure
  • Placements
  • Academics
  • Value for Money
  • Campus Life

A review of my UG college

Verified ReviewPlacements

I myself was placed at package of 26 lpa, and the other students in my my branch also got very decent packages. The placement percentage was very high that year. The placement process involves a no. of rounds that must includes aptitude, technical round and HR round..

  • Infrastructure
  • Placements
  • Academics
  • Value for Money
  • Campus Life

Have a question related to IIT Bombay ?

Iit Bombay mtech in computer science placements ctc course difficulty fees faculty how hectic is course

Hello,

IIT Bombay's MTech in Computer Science offers excellent placements with CTC ranging from Rs. 15-40 LPA, depending on the company and role.

  • The course is challenging, requiring strong problem-solving skills and dedication.

  • Fees : Approximately Rs. 2-2.5 lakhs per year.

  • Highly qualified and experienced faculty.

  • The course can be hectic with intense coursework, projects, and assignments.

Hope it helps !

IIT Bombay cse is the dream of every student of pcm

Hello Aspirant,

with this link you can check all relevant information about IIT Bombay,if you need to ask anything else then you can let me know in the comments.

https://dqxeclau.top/university/indian-institute-of-technology-bombay

Here are some questions about IIT Bombay: 1. When was IIT Bombay established? 2. Where is IIT Bombay located? 3. What is the full form of IIT? 4. What are the top courses offered at IIT Bombay? 5. How can students get admission to IIT Bombay? 6. What is the JEE Advanced cutoff for IIT Bom

Hello,

1. IIT Bombay was established in 1958 .

2. It is located in Powai, Mumbai, Maharashtra .

3. The full form of IIT is Indian Institute of Technology .

4. The top courses offered are B.Tech, M.Tech, MBA, MSc, and PhD .

5. Admission is through JEE Advanced for B.Tech and GATE, CAT, or JAM for other courses .

6. The JEE Advanced cutoff for IIT Bombay varies each year based on category and branch .

Hope it helps !

IIT Bombay Frequently Asked Questions (FAQ's)

1: What is median package offered to students at IIT Bombay?

IIT Bombay median salary package of UG 4-year students is Rs 19,61,000 according to NIRF 2025 overall report. UG 5-year students received a median package of Rs 19,25,000 while PG 2-year students got median package of Rs 17,30,000 in IIT Bombay placements 2024. 

2: What is the lowest package in IIT Bombay?

Indian Institute of Technology Bombay lowest salary package 2024 offered to students is Rs 5.43 lakhs. IIT Bombay average salary package stood at Rs 21.82 lakhs during 2024 placements. 

3: Does IIT Bombay have 100% placement?

Overall IIT Bombay placement percentage is 74.53%. B.Tech placement percentage at Indian Institute of Technology Bombay is 83.39%. 83.5% of M.Tech students were placed during IIT Bombay placements in 2024. 

4: What is the highest package in IIT Bombay?

IIT Bombay highest salary package 2024 stood at Rs 1.68 crores. There was a 12% increase in the number of recruiting companies during Indian Institute of Technology Bombay placements 2024. 

5: How many students got placed in Indian Institute of Technology Bombay placements?

A total of 1441 students were placed in reputed organisations in the year 2023-24. 543 companies registered, of these 388 participated in the placements and 364 companies made offers for students during the 2024 placements. 

6: Name a few of the Indian Institute of Technology Bombay top recruiters?

IBM, Google, Amazon, and Mahindra are some of the top recruiters of IIT Bombay. The training and placement office of the institute is responsible for handling IIT Bombay placement activities.

7: What was the average salary package offered at IIT Bombay placements?

As per the IIT Bombay placement reports 2024, 90% of BS students were placed and 88% of B.Tech students were placed during Indian Institute of Technology Bombay campus placements. 

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