IIT Bombay – Indian Institute of Technology Placements
Mumbai
AICTE
ESTD 1958
Mumbai
AICTE
ESTD 1958
Placements
IIT Bombay Placements 2025
Phase 1 of IIT Bombay Placements 2024 has concluded. The average package at IIT Bombay stood at INR 36.9 LPA, with the highest package surpassing INR 1 crore per annum. During this phase, 85 students secured annual packages exceeding one crore, while 63 received international job offers. By December 20, 2023, recruiters extended a total of 1340 placement offers, resulting in 1180 students securing placements. Additionally, students received 297 PPOs, of which 258 were accepted. Recruiters spanned various sectors including IT, Software, Finance, and Consulting, with prominent names such as Apple, Google, Intel, Morgan Stanley, Jaguar, and Qualcomm among the top recruiters.
IIT Bombay Placements 2024 Report
IIT Bombay Placement Report: 2024 vs 2023
| Category | 2024 Statistics | 2023 Statistics |
|---|---|---|
| Total Registered Students | 2,414 | 2,174 |
| Total Participants | 1,979 | 1,845 |
| Companies Participated | 364 | 324 |
| Total Job Offers | 1,650 | 1,788 |
| Offers Accepted | 1,475 | 1,516 |
| Pre-Placement Offers (PPOs) Accepted | 258 | 194 |
| International Offers Accepted | 78 | 65 |
| Offers Above INR 1 Crore PA | 22 | 16 |
| Average Salary Package | INR 23.50 LPA | INR 21.82 LPA |
| Median Salary Package | INR 17.92 LPA | INR 16.66 LPA |
IIT Bombay Average Package 2024
During the recent placement drive of 2024, the average package at IIT Bombay was INR 36.9 LPA. The table below presents the year-wise average packages at IIT Bombay:
| Particulars | IIT Bombay Average Package |
|---|---|
| 2024 | INR 36.9 LPA |
| 2023 | INR 21.82 LPA |
| 2022 | INR 21.50 LPA |
| 2021 | INR 17.91 LPA |
IIT Bombay Highest Package 2024
During the recent placement drive of 2024, the highest package at IIT Bombay reached INR 1 crore per annum (CPA). The table below displays the highest packages at IIT Bombay over the years:
| Particulars | IIT Bombay Highest Package |
|---|---|
| 2024 | INR 1 CPA |
| 2023 | INR 3.67 CPA |
| 2022 | INR 1.80 CPA |
IIT Bombay Placements Top Recruiters
| Courses | Top Recruiters |
|---|---|
| Aerospace Engineering | Honeywell, ISRO, Airbus, Gulfstream etc. |
| Applied Graphics Earth Sciences | Vedanta, CitiusTech, Sysmex, Indigence etc. |
| Center for Research in NanoTechnology & Science, Civil Engineering | Tata, L&T, Ramboll etc. |
| Chemical Engineering, Chemistry | Piramal, Dr. Reddy’s, ITC, Hindustan Unilever etc. |
| Applied Statistics & Informatics, Mathematics | Accenture, Citi Bank, EY, EXL etc. |
| Computer Science Engineering | Google, Apple, IBM, Uber, Microsoft |
| Electrical Engineering | Texas Instruments, Samsung, NEC, Honda etc. |
| Energy Science & Engineering | Mahindra, SUZLON, GSE etc. |
| Engineering Physics | Analog Devices, BYJU’s, tsmc etc. |
| Geoinformatics & Resources Engineering, Humanities & Social Sciences | Bloom energy, Sony, Qualcomm, Rakuten etc. |
| Industrial Design Centre | Reliance, Google, IBM, Microsoft etc. |
| Industrial Engineering & Operations Research, Metallurgical Engineering & Materials Science | P&G, NEC, JSW, muRata etc. |
| Mechanical Engineering | Tata steel, Loreal Paris, DAIKIN, Jaguar etc. |
| System & Control Engineering | Hitachi, Havels etc. |
| Technology & Development | Micron, Delhivery, BDEING etc. |
| Environmental Science & Engineering, Climate Studies |
LT, EATOn etc. |
Q. What is the placement rate at IIT Bombay?
Ans. IIT Bombay consistently maintains one of the highest placement rates among IITs. In 2024, the placement rate stood at 75%, compared to 82% in 2023 — reflecting a 7% decline. The lowest package offered in 2024 was INR 4 LPA, a drop of around 33.33% from INR 6 LPA in 2023.
Q. How has the average package at IIT Bombay evolved over the years?
Ans. The average package at IIT Bombay has shown a steady upward trend:
| Year | Average Package | % Change |
|---|---|---|
| 2024 | INR 23.50 LPA | ↑ Approx. 7.7% |
| 2023 | INR 21.82 LPA | ↑ Approx. 1.49% |
| 2022 | INR 21.50 LPA | ↑ Approx. 20.04% |
| 2021 | INR 17.91 LPA | — |
Q. What were the placement stats for B.Tech students in 2024?
Ans. For the 2024 batch, IIT Bombay achieved an impressive 83.39% placement rate for B.Tech students. Out of 930 registered students, 819 participated, and 683 were successfully placed. Sector-wise job offers were:
-
IT/Software – 178 offers
-
Engineering & Technology – 159 offers
-
Finance – 80 offers
-
Consulting – 65 offers
-
Data Science & Analytics – 27 offers each
-
AI/ML, Services, and Operations – 4 offers each
Q. What is the trend in the highest international package at IIT Bombay?
Ans. The highest international packages over the past three years are as follows:
| Year | Highest Package | % Change |
|---|---|---|
| 2024 | INR 2.2 Cr PA | ↓ Approx. 40.05% from 2023 |
| 2023 | INR 3.67 Cr PA | ↑ Approx. 74.76% from 2022 |
| 2022 | INR 2.1 Cr PA | — |
Q. How are internship placements at IIT Bombay?
Ans. In 2024, 1,267 students completed internships at IIT Bombay. Out of these, 300 students received Pre-Placement Offers (PPOs), and 258 accepted them. The internship drive was conducted in two phases:
-
Summer Internships – 1,178 offers (↑ 22.33% from 2023)
-
Winter Internships – 89 offers (↓ 36.88% from 2023)
Q. What were the MBA placement outcomes in 2024?
Ans. The Shailesh J. Mehta School of Management (SJMSOM) at IIT Bombay achieved 100% placements for the MBA 2024 batch. Highlights include:
-
Highest Package – INR 72 LPA (↑ 33.33% from 2023)
-
Average Package – INR 28.01 LPA (↓ 3.01% from 2023)
-
Top 25% Average – INR 38.29 LPA
-
47% of students received PPOs, with an avg. package of INR 26.73 LPA
Top recruiters: JP Morgan Chase, ICICI Bank, Deloitte, PwC, Wipro, Cipla, Britannia, Tata Communications, and more.
Top sectors:
-
IT/E-commerce – 23% of roles
-
BFSI & Conglomerate – 19%
-
FMCG/FMCD – 19%
Q. How many offers were made during IIT Bombay Placements 2024?
Ans. A total of 388 companies participated in the placement process. Of these, 364 companies made 1,475 job offers. Breakdown includes:
-
International Offers – 78
-
Indian MNCs – 775 offers
-
Indian Companies – 622 offers
Top recruiting sectors:
-
Engineering & Technology – 430 offers (from 106 companies)
-
IT/Software – 307 offers (from 84 companies)
Yearwise
| Year | Companies Visited | Highest Package | Average Package |
|---|---|---|---|
| 2024 | 1 CPA | 23.50 LPA |