IIT Bombay Placement Details

Maimil Maiti

Updated on - Mar 15, 2024

The IIT Bombay placements 2023 have concluded successfully. The highest international package offered was INR 3.67 CPA and the highest domestic package offered was INR 1.68 CPA. 16 offers
of above INR 1 CPA and 65 International offers were accepted during the IITB placements. The average salary stood at INR 21.82 LPA.

In IITB placements 2023, 384 companies participated in campus placements and have given out 1788 offers. IIT Bombay saw outstanding placement records, with students achieving several offers from their super-dream and dream companies. 

The IIT Bombay placement cell is responsible for all the placement-related activities like guest lectures for pre-placement training, skill-enhancement workshops, campus drives, summer internships and much more. In addition, reputed organisations like L&T, Microsoft, Google, HUL, P&G, TATA, BCG, Sony and several more companies participate in the Indian Institute of Technology Bombay placements. IIT Bombay also offers MBA to aspirants through its school of management. The placement cell of the Shailesh J. Mehta School of Management or SJMSOM provides placement facilities for the MBA graduates. 

Table of Contents

• Placement Highlights
• Top Recruiters
• Placement Statistics 
• International Placements
• Placement Cell
• Internship

IIT Bombay Placement Highlights 2023

The recruitment procedure at IIT Bombay incorporates a strong partnership with various top organisations and companies across India. IIT Bombay is the number 1 university in India and thus ensures exemplary placement records to maintain the ranking. The highlights for IIT Bombay placements 2023 are listed below.

IIT Bombay Top Recruiters

Several national and international companies joined in the phase 1 recruitment drive of IIT Bombay placements 2023. A total of 293 companies have already visited the campus, and over 1600 job offers have been recieved by deserving students. Some of IIT Bombay top recruiters visiting the campus during placements are listed below.

IIT Bombay Placement Statistics

The Indian Institute of Technology Bombay placement statistics have constantly been rising yearly, with higher salaries offered and more recruiters joining the recruitment drive. The IIT Bombay placements are in various slots for courses like B.Tech, M.Tech or PhD. The Phase 1 placements for the year 2023 have been completed, and the phase 2 are currently ongoing. Some placement statistics, such as IIT Bombay salary trends, other top recruiter details and other placement statistics, are given below.

Related Careers:

Pre-Placement Offers Received and Accepted

In the IIT Bombay 2022-23 placement season the total offers received was 300 and the total offers accepted were 194. The job offers received was 1788 and the number of accepted offers was 1516. A tabulated representation of the same is given below:

IIT Bombay Highest Package Statistics

As per the IIT Bombay salary trend 2023, a massive year-on-year increase of 94.17% was seen in the highest domestic salary as compared to the previous year. The graph below exhibits the highest salary trends comparison for 2022 and 2023 during IIT Bombay placements.

IIT Bombay Average Package Statistics

Refer to the graph below for the details of the IIT Bombay average packages offered to the candidates during placements over the past two years. An increase of 2.46% was seen in the IIT overall average package. 

IIT Bombay Median Package Statistics

The graph below details the IITB median packages offered to the candidates during placements over the past few years. The various courses that have been considered for the graph are B.Tech, M.Tech, Dual Degree (B.Tech+M.Tech) and MBA.

IIT Bombay Sector-Wise Placement Statistics 2022

Several companies join the annual recruitment drive at IITB every year. Deserving students are given employment opportunities in various sectors of the corporate industry. Tabulated below are the number of offers and companies recruited from each sector.

Exhibited in the graph below are the sector-wise IIT Bombay placements statistics.

Overall

B.Tech

M.Tech

Dual Degree (B.Tech+M.Tech)

IIT Bombay Branch-wise Placement Statistics 2023

IITB placements 2023 are still ongoing. Phase 1 of the 2023 placement procedure was concluded, and several companies joined the drive. The table below exhibits the IIT Bombay company-wise highest salary and the engineering branches that participated during the annual recruitment drive.

IIT Bombay Year-wise Salary Range Statistics 2022

The table below shows various companies offering packages in different salary ranges during the Indian Institute of Technology Bombay placements in 2022. 

IIT Bombay Department-Wise Placement Statistics 

Based on the IIT Bombay department-wise placement statistics, the highest offers, 228 were made in the Computer Science & Engineering department, followed by 141 offers in the Chemical Engineering departments. The other department-wise data from 2021 to 2023 is mentioned below:

IIT Bombay Program-Wise Placement Statistics

The IIT Bombay program-wise placement statistics recorded the highest placement percentage in the B.Des + M.Tech course, at 95% followed by B.S. and M.Tech course with 90% placement percentage. More details about the program-wise registered, placed and percentage are mentioned below:

IIT Bombay Course-Wise Placement Statistics

The table below shows a detailed placement report of the IIT Bombay placements across the various courses for the year 2023. The IIT Bombay course-wise highest salary for MBA courses was INR 54 LPA.

IIT Bombay Sector-Wise Statistics

In 2023, the maximum offers were made in the Engineering and Technology sector, followed by IT/Software sector with 302 offers. The IIT Bombay sector-wise data about the number of offers and the number of companies that visited the campus are mentioned below:

IIT Bombay Department-Wise Internship Statistics

Given in the table below are the IIT Bombay department-wise internship statistics over the past three years, from 2022 to 2020.

IIT Bombay MBA Placements 2023

The IIT Bombay placement drive 2023 saw students in the MBA course grab 50% of PPOs from their summer internship programmes. Tabulated below are the IIT Bombay MBA course placement details for the year 2023.

MBA Placement Highlights 2023

MBA Sector-Wise Placement Statistics 2023

IIT Bombay Alumni Statistics

The company-wise placement trends for the alumni of IIT Bombay are displayed in the table below. Google has hired 550 alumni during the annual recruitment drive of IITB.

IIT Bombay Other Recruiters

Refer to the table below for other top recruiters participating in the Indian Institute of Technology Bombay placement drive.

IIT Bombay International Placements

IIT Bombay international placements saw students bagging the highest salaries during recruitment. Several international companies participated in the drive to offer attractive employment opportunities to deserving students. The international IIT Bombay placement highlights are tabulated below.

IIT Bombay Placement Cell

IIT Bombay Placement Cell is called the Placement Office. A universal aptitude test called the Placement Common Aptitude Test, is administered by the placement office (PCAT) to alleviate the strain associated with completing numerous aptitude tests for each recruiting firm. The PCAT score is typically used by organisations taking part in IIT Bombay placement drives to shortlist candidates. The placement cell of the Indian Institute of Technology in Bombay works with numerous businesses to offer students placement training programmes. Providing training through the Center for Entrepreneurship Development inspires students to pursue entrepreneurship.

The IIT Bombay placement cell at the university provides frequent training sessions, mock calls, logical reasoning, soft skills, and verbal ability tests, which help the students in final placements. Indian Institute of Technology Bombay organises various programs like guest lectures, live projects, and summer internships to enhance students' skills and prepare them for upcoming challenges in the professional world. 

IIT Bombay Internship

Internships are an integral part of the IIT Bombay placements. Students are encouraged to take up internship opportunities to gain real-world corporate industry experience. The internships are divided into summer and winter internships. Several students land a PPO offer during their internship tenure. There was a 15% increase in internship offers in 2022 compared to 2021. Given below are the internship highlights of the IIT Bombay placement drive 2022.