IIT Bombay Placements 2024: Highest & Average Salary Package, Top Companies

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Maimil Maiti Maimil Maiti | Jun 12, 2024
Maimil Maiti
Maimil Maiti

Updated on - Jun 12, 2024

Latest Updates for IIT Bombay

  • 02 September 2024 :

    IIT JAM 2025 exam is scheduled to be conducted on Feb 2, 2025.

  • 13 July 2024 :

    GATE 2025 exam date has been scheduled for Feb 1, 2, 15, and 16, 2025.

The IIT Bombay placements 2024 are ongoing, but the Phase 1 recruitment process has been successfully concluded. IITB saw the highest package, standing at over INR 1 CPA. The average package offered was INR 36.9 LPA for the year 2024.

The IIT Bombay placement cell oversees everything related to placements, such as organising guest lectures for pre-placement training, conducting skill-enhancement workshops, arranging summer internships, and managing other placement-related tasks.

Over 60 students received international employment offers in 2024. Reputed organisations like Apple, Google, Intel, Nestle, Sony Japan, and several others participated in the Indian Institute of Technology Bombay placements.

Table of Contents

IIT Bombay Placement Highlights 2024

The placement procedure at IIT Bombay shows a strong partnership with various top organisations across India and abroad. The detailed highlights for IIT Bombay placement 2024 for Phase 1 are tabulated below.

Particulars Highlights
IIT Bombay Highest Package INR 1 CPA
IIT Bombay Average Package INR 36.9 LPA
Total Number of Students Placed in Phase 1 1180
Total Number of Offers 1340
Total Number of International Offers 63
Total Number of PPOs 297
Total Number of PPOs Accepted 258

IIT Bombay Top Recruiters 2024

IIT Bombay placement 2024 saw several companies visiting the campus, offering employment opportunities to students. Some of IIT Bombay top recruiters visiting the campus during placements are listed below.

Google Barclays Accenture Japan
Intel Sony Japan Reliance Industries
Nestle Apple Jaguar

IIT Bombay Placement Statistics 2024

Indian Institute of Technology Bombay placement statistics have constantly been rising every year. Some of the placement statistics of IIT Bombay, like IIT Bombay salary trends, other top recruiters, company-wise recruiter details, and various IIT comparisons, are mentioned below.

IIT Bombay Company-Wise Placement Statistics 2024

The table below draws a comparison of the IIT Bombay placement 2024 details of the recruiters and the various packages offered.

Organisation Name Packages Offered Job Roles Offered
Google India INR 35,24,790 Software Engineer
Nestle INR 30 LPA Technical Management Trainee
Sony Japan JPY 1,05,81,360 Software Project Manager, Researcher/Natural Language Processing, Research Engineer, 3D Media System Engineer, Content Production and Distribution Services, and Cloud System Technology Engineer
Barclays HKD 11 LPA and INR 18,14,292 Analyst
Accenture Japan JPY 74.74 - 86.83 LPA Digital Consultant, Business Consultant, Strategy Consultant, Data Scientist, and I Architect
Reliance Industries Limited INR 15 LPA Engineer Trainee
Tata AIA Life Insurance INR 18.55 LPA Management Trainee
ICICI Lombard GIC Ltd INR 12,99,114 Senior Manager
Murata Manufacturing JPY 67.80 LPA Software Engineer and Sales Engineer
Samsung Bangalore INR 16 - 25 LPA Interaction Designer, Visual Designer, and Advanced Developer
Cargill INR 19,25,623 - 23,03,338 Supply Chain Data Analyst
JSW Steel INR 9 LPA GRP
Infurnia Technologies INR 29 - 48 LPA UX Designer, Software Development Engineer
Kotak Mahindra Bank INR 17 LPA Management Trainee
Samsung Delhi INR 21.5 LPA Engineer
Airbus INR 13.5 LPA Engineer, Data Analyst
Strategy& (Part of PwC Network) INR 24,95,729 Associate
AU Small B.Tech Branches Finance Bank INR 15 LPA Graduate Associate, Tech Analyst
Strand Life Sciences INR 11 LPA Associate Bioinformatics Engineer
Veritas Software Technologies India INR 19,70,746 - 21,70,746 Software Engineer
Flow Traders HKD 11,66,806 Graduate Trader
Ikagai Labs INR 20 - 25 LPA ML Engineer, Software Engineer, Senior Associate
VVF India Ltd AED 1.02/ INR 16 LPA Graduate Engineering Trainee, Engineering Management Trainee
Shell India Markets Private Limited INR 24,61,794 Engineer
SAP Holdings And Leasing INR 12 LPA Marketing Manager, Finance Manager, Business Development Manager
WorldQuant Research (India) Private Limited INR 76.26 LPA Quantitative Researcher
Aura Semiconductor Pvt Ltd INR 20 LPA Design Engineer
Kearney INR 16,47,606 Business Analyst
Abacus.AI INR 40 LPA Software Engineer
Glean Search Technologies India Private Limited USD 1,87,500/INR 76,19,625 Software Engineer

IIT Bombay Placement Report Comparison

Displayed in the table below is the comparison of the placement report over the past two years.

Particulars 2024 (Phase 1) 2023
Total Number of Offers 1340 1898
Total Number of PPOs 297 300
Total Number of PPOs Accepted 258 194
Highest Package Offered INR 1 CPA INR 3.67 CPA
Average Package Offered INR 36.9 LPA INR 21.82 LPA
Top Recruiters Apple, Jaguar, Qualcomm, Google, Morgan Stanley Honda Japan, Boston Consulting Group, American Express, McKinsey and Company

IIT Bombay IITs Placement Comparison

Elucidated below is the IITB placements comparison with other IITs for the 2024 recruitment drive.

IIT Name Highest Package Offered Average Package Offered Total Number of Offers
IIT Kanpur INR 1.9 CPA NA 1200
IIT Kharagpur INR 2.6 CPA NA 1600
IIT BHU INR 1.2 CPA NA 472
IIT Patna INR 82.05 LPA INR 23.90 LPA 413
IIT Hyderabad INR 63.78 LPA INR 20.07 LPA 621

IIT Bombay Highest Package Statistics

The graph below exhibits the IIT Bombay highest package trend comparison during IIT Bombay placements from 2022 to 2024.

IIT BOMBAY HIGHEST PACKAGE STATISTICS

IIT Bombay Average Package Statistics

The graph below elucidates the details of the IIT Bombay average package offered to the candidates during placements over the past four years. The average package of 2024 increased by 40.86% year over year.

IIT BOMBAY AVERAGE PACKAGE STATISTICS

IIT Bombay Other Recruiters

Refer to the table below for other top recruiters who participated in the Indian Institute of Technology Bombay placements 2024 and in the past few years.

Honeywell Boeing ISRO
Hyundai MOBIS Gulfstream Airstream
L&T TATA RAMBOLL
Microsoft IBM Uber
Texas Instruments Qualcomm NEC
Samsung Sony EATON
Mahindra Bloom Energy Rakuten
Bajaj Loreal Paris Daikin
Micron JSW Mercedes
Hitachi GE Havells
Exxon Mobil P&G DHL
Piramal TATA AIA Morgan Stanley
Kotak Mutual Fund PWC Willis Towers Watson
American Express Sprinklr CitiusTech
ITC Limited Hindustan Unilever Dr. Reddy’s
Citibank EY Vedanta
HP ONGC Schlumberger
Analog Devices BYJU’s EXL

IIT Bombay Alumni Statistics

IIT Bombay is one of the top engineering institutes among the IITs. Over the years, the institute has witnessed several students get placed in various reputed organisations.

The placement trends for the alumni of IIT Bombay are displayed in the table below.

Company Name Number of Alumni Placed
Indian Institute of Technology Bombay 2616
Google 741
Microsoft 560
Amazon 401
JP Morgan Chase and Company 177
McKinsey and Company 136
Goldman Sachs 184
Accenture 252
Boston Consulting Group (BCG) 119
Bain and Company 74
E-Cell, IIT Bombay 333
Mood Indigo IIT Bombay 317
Placement Office, IIT Bombay 119
Techfest, IIT Bombay 301
Student Alumni Relations Cell, IIT Bombay 83

IIT Bombay Placement Cell

The IIT Bombay placement cell has successfully placed its students in various reputed companies in India. The cell organises various workshops and training activities to ensure a hassle-free placement procedure.

The students are trained to develop decision-making and problem-solving skills alongside verbal and communication skills. A few of the activities of the IIT Bombay placement cell are mentioned below:

  • Guest Lectures
  • Industrial Seminars
  • Internships
  • Industrial Visits
  • Placement Training
  • Summer and Final Placement Drives
  • Workshops and Projects

IIT Bombay Placement Process

The steps for conducting the annual IIT Bombay placement 2024 are described below.

  • The placement cell sends invitations and other necessary details for the students and the placement drive to the intended organisations.
  • The employers must complete the job application sent by the IITB placements team to recruit students.
  • Pre-placement discussions are organised and occur on specific days in the college. The lectures are organised once the institute and the firms' negotiations are finalized.
  • Interested students are asked to apply for the organisations participating in the IIT Bombay placements 2024.
  • The job descriptions, CTC offered, and other relevant information are shared with the students who sit for the selection process.
  • The recruiting organisations visit the campus on appointed days to recruit eligible candidates through several rounds of aptitude examinations, group discussions, and interviews.
  • Selected candidates are offered the roles along with the offer letters, which they need to sign and accept.

IIT Bombay Internship 2024

Internships are an integral part of the IIT Bombay placements. Students are encouraged to take up internships to gain real-world corporate industry experience. Several students land a PPO offer during their internship tenure.

The internship highlights of the IIT Bombay placement 2024 are given below.

Particulars Highlights
Highest Stipend Offered INR 2.3 Lakhs per Month
Total Number of PPOs 297
Total Number of PPOs Accepted 258

FAQs on IIT Bombay Placements

Q: What is the highest package of IIT Bombay 2024?

A: IIT Bombay placements saw the highest package standing at INR 1 CPA at the end of the Phase 1 recruitment drive.

Q: What is the average package of IIT 2024?

A: At the end of Phase 1 recruitment drive, the average package for IITB placement 2024 stood at INR 36.9 LPA.

Q: Which companies visit IIT Bombay?

A: Top organisations like Google, Microsoft, Apple, Sony Japan, Jaguar, Barclays, Nestle and others joined the IIT Bombay placements in 2024.

Q: From which countries were the international offers rolled out to students during IIT Bombay placement 2024?

A: The international offers were rolled out from the USA, Japan, UAE, Hong Kong, Taiwan and other countries to IIT Bombay students during 2024 Phase 1 placements.

Q: Which is the best branch in IIT Bombay?

A: The best branches in IIT Bombay for the B.Tech course are B.Tech in Computer Science Engineering and B.Tech in Electrical Engineering. Refer to the tables above for more details of IIT Bombay placement 2024.

Q: What was the highest stipend offered at IIT Bombay for the summer internships?

A: The highest stipend for the summer internships in IIT Bombay placements was INR 2.3 Lakhs per month.

IIT Bombay Reviews

Overall Rating

4.3

Verified

Distribution of Rating

>4-5 star

29

>3-4 star

7

>2-3 star

4

1-2 star

0

Academics & Faculty

4.4

Clubs & Associations

4.6

College Infrastructure & Hostel Facilities

4.4

Fees & Scholarships

3.9

Placements & Internships

4.5

Verified
Shivam Tripathi Batch 2021 BTech CSE
Reviewed on Sep 10, 2019

Entrance Exams & Admissions : Computer Science for B Tech and I have not given any entrance examination. My typical cutoff is 90 percent.

Verified
Ankur A K Singh Batch 2020 M.Sc [Master of Science]
5
Reviewed on May 07, 2019
5 Placements
5 Fees

Placements & Internships : No internship ONGC, Schlumberger,hzl all are very good ongc is a psu while all other are private 18 lpa No comment

Entrance Exams & Admissions : Graduation in physics with mathematics in 4 semesters. Joint admission test for m

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Verified
Diwankar Gupta Batch 2023 BSc [Bachelor of Science]
3.8
Reviewed on Apr 14, 2018
4 Placements
3 Fees
3.5 Academics
5 Infrastructure
3.5 Campus

Placements & Internships : None. Some companies belonging to IT manufacturing, Financing, etc. Salary figures are INR 18-20 lacs annual package. Alumni network is good.

Entrance Exams & Admissions : Eligibility: Student above 18 and having passed MH CET LAW or another ent

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Verified
Rajat Daga Batch 2021 B.Tech [Bachelor of Technology]
4.6
Reviewed on Apr 14, 2018
4.5 Placements
4.5 Fees
4.5 Academics
4.5 Infrastructure
5 Campus

Placements & Internships : IT Companies like Google, Microsoft come on campus to hire students. The average salary is about INR 20Lpa. around 80% students get placed every year. IIT Bombay has one of the best alumni networks as compared to any university in the world

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Arun Kumar Batch 2016 M.Sc [Master of Science]
4.1
Reviewed on Feb 14, 2018
5 Placements
2.5 Fees
3.5 Academics
5 Infrastructure
4.5 Campus

Placements & Internships : I have done an internship and got a stipend of 6,000 per month. Key companies like Microsoft, Amazon, Tata steel, etc hire people from our college. Highest salary- package is INR 50 lakhs per annum.

Entrance Exams & Admissions : The students sho

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