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IIT Bombay Placements 2024
IIT Bombay placements 2024 has concluded. According to the phase one and two data, 1397 students have been placed so far. IIT Bombay was visited by 543 companies for campus placements. Also, 80% of the same recruiters participated on day one as compared to last year. As per the reports, Barclays, Qualcomm, Vinci Derivatives, Hudson River Trading and Quantbox Research were some of the IIT Bombay top recruiters on day 1. IIT Bombay placements 2024 highest package is Rs 1.32 crore per annum which was offered by Da Vinci Derivatives in the finance sector. The average package in 2024 stood at Rs 23.50 LPA while it was Rs 21.82 LPA in 2023. In addition, during IIT Bombay placements 2024, a total of 78 international job offers were made. Also, 22 job offers were made with packages of Rs 1 Crore per annum or more. Branch-wise placement data like IIT Bombay placements CSE is yet to be revealed but the median salary of BTech students stood at Rs 19.63 LPA. Similarly, for MTech students, the median package in 2024 phase one stood at Rs 15 LPA. Interested candidates can find a detailed IIT Bombay placement report 2024 below.
Table of Contents
IIT Bombay Highest Package 2024
After the conclusion of placements, IIT Bombay placements 2024 highest package was recorded at Rs 1.32 Crore per annum for domestic placements. This package was offered by the Da Vinci Derivatives in the finance sector. The international placement IITB highest package 2024 is yet to be announced by the institute.
| Particulars | 2024 Data |
| Highest Package (International) | TBA (To be announced) |
| Highest Package (Domestic) | Rs 1.32 Crore per annum |
IIT Bombay highest package in 2023 was recorded at Rs 1.68 Crore per annum for domestic placements. As for international placements, the highest package in 2023 was Rs 3.67 Crore per annum.
| Particulars | 2023 Data |
| Highest Package (International) | Rs 3.67 Crore per annum |
| Highest Package (Domestic) | Rs 1.68 Crore per annum |
IIT Bombay Average Package 2024
IIT Bombay average package 2024 has been released and according to the data, the average package stood at Rs 23.50 LPA in 2024 which is 7.70% more than the 2023 average package.
| Particulars | Details |
| IITB Average Package 2024 | Rs 23.50 LPA |
IIT Bombay average package was Rs 21.82 LPA in 2023. The average package in 2023 was 1.49% more than the 2022 average package which was Rs 21.50 LPA.
| Particulars | Details |
| IITB Average Package 2023 | Rs 21.82 LPA |
IIT Bombay Placement Statistics
IIT Bombay placements 2024 has concluded and the placement data has been released. According to the data, 1397 job offers have been accepted till now. 22 job offers were made with a Rs 1 CPA or more package in 2024. Interested candidates can find the IIT Bombay placement comparison table for 2024 and 2023 below.
| Particulars | IITB Placements 2024 Data | IITB Placements 2023 Data |
| Highest Domestic Package | Rs 1.32 Crore per annum | Rs 1.31 Crore per annum |
| Highest International Package | TBA (To be announced) | Rs 3.67 Crore per annum |
| Average Package | Rs 23.50 LPA | Rs 21.82 LPA |
| Lowest package | Rs 4 LPA | NA |
| Placement Percentage | 75% (additionally, 15% of students found jobs on their own) | 82% |
| Total Number of Offers Made | 1397 | 1788 |
| Total Number of Companies Visited | 543 | 384 |
| Total Number of offers accepted | 1397 (775 students in MNCs and 622 in Indian companies) | 1516 |
| Total Number of International Job Offers Accepted | 78 | 65 |
| Total Number of PPOs Offered | 297 | 300 |
| No. of PPOs accepted | 258 | 194 |
| Total Job Offers with More than 1 Crore accepted | 22 | 16 |
| Total Number of Job Offers with More than Rs 20 LPA | 558 | 277 |
| Top 5 Recruiters | Barclays, Qualcomm, Da Vinci Derivatives, Hudson River Trading and Quant Box Research. | Adani Green Energy, Reliance Industries, Tata Group, L&T, Accenture |
IIT Bombay Placement Comparison 2024 vs 2023
- IIT Bombay domestic highest package did not change much from 2023 to 2024 as it increased by just 0.76% in 2024.
- IIT Bombay average package increased by 7.70% from 2023 to 2024.
- During the IIT Bombay placements 2024, 22 students received job offers of Rs 1 crore per annum or more compared to 16 students in 2023.
- The number of Pre Placement Offer (PPO) offered to students which result from internships were almost the same in 2023 and 2024.
IIT Bombay Top Recruiters
IIT Bombay recruiters are from different fields of work like finance, IT, electronics, civil, education, etc. The institute’s training and placement cell maintains a good relationship with all the recruiters which is why on day one of 2024 placements, 80% of the recruiters from last year participated again. Students interested in the names of the top IIT Bombay recruiters can check the table below.
| Accenture | Da Vinci Derivatives | Quantbox Research |
| Barclays | Qualcomm | Hudson River Trading |
IIT Bombay QnA
How many companies visit IIT Bombay?
There were a total of 543 recruiters who visited IIT Bombay for campus placements in 2024. As for 2023, the total number of recruiters was 384 and in 2022 it was 332.
What is the placement percentage at IIT Bombay?
IIT Bombay placements percentage in 2024 is 75%, and 15% of the students found jobs on their own. In 2023 campus placements, the placement percentage reached 82%. In addition, IIT Bombay placements percentage was 89% in 2022.
What is the highest package in IIT Bombay for PhD?
IIT Bombay highest package for PhD in 2023 was Rs 29 LPA. The average package for PhD courses in 2023 was Rs 18.34 LPA. Once the IIT Bombay placements 2024 highest package for PhD is released it will be updated here.
What is the highest package in IIT Bombay for MBA?
IIT Bombay highest package for MBA in 2024 is not revealed yet but according to the 2023 placements, the highest package offered was Rs 54 LPA. In addition, the average package for MBA in 2023 was Rs 28.88 LPA.
What is the minimum package in IIT Bombay?
IIT Bombay minimum package is Rs 4 LPA in 2024. In phase one the minimum package was Rs 6 LPA but after the conclusion of phase two of placemnets in 2024, the minimum package stood at Rs 4 LPA.
Does IIT Bombay have 100% placement?
No, IIT Bombay does not offer 100% placement. IITB placement percentage in 2024 is 75%. The placement percentage of this institute in 2023 was 82%.
Who are the top recruiters of IIT Bombay?
IIT Bombay top recruiters in 2024 are Accenture, Da Vinci Derivatives, Quantbox Research, Barclays, Qualcomm, Hudson River Trading. In addition, Da Vinci Derivatives is the company which offered the highest package in 2024.
What is the highest package for Btech in IIT Bombay?
IIT Bombay Highest Package 2024 for BTech has not been released yet. The overall highest package received by students in 2024 is Rs 1.32 crore per annum. In 2023, the International highest package was Rs 3.67 Crore per annum while the domestic highest package was Rs.31 crore per annum for all the courses.
Which branch of IIT Bombay has the best placement record?
IIT Bombay placements CSE received the best placement in 2023. As for 2024 placements, the branch-wise data is yet to be released officially. In 2023, the highest number of students placed from a department was 228 and it was from the BTech in CSE department.
Is IIT Bombay good for placements?
IIT Bombay is a great college in terms of placements. The college conducts placements every year and in the phase one placement in 2024 the highest package offered was Rs 1.32 Crore per annum. Also 1188 students have been placed till date.
Top Courses at IIT Bombay
IIT Bombay Reviews
Placement: Very good placements. Lots of new companies are coming in. Roles of operations, consulting, marketing, etc. are offered. A lot of PPOs offered to the senior batch as well
ReportPlacement: Placement at IIT Bombay is a significant aspect of the institution's success, reflecting its academic rigor, industry relevance, and the caliber of its students. Here's an overview of the placement scenario at IIT Bombay
ReportPlacement: When it comes to placements,they are too good.CSE branch students gets higher package.The last year highest domestic package was 3.67 crores.The Average package is 45LPA.
ReportPlacement: Placements are not really that great like you heard while preparing for Jee. There are a very few students who get packages in crores but that should also not be the goal of coming here, we are provided with so many facilities to invent and start something of our own which I feel is very less in other colleges
ReportPlacement: Placements day were the last day when all the major companies visited the campus. We all have given interviews and did all the hardwork to get success .
ReportPlacement: In iit placement is highest package 4cr and minimum package is 14 lakh its normal but in 100 students 95 students get very good placement and every company
ReportPlacement: Almost all the students get placed and they receive handsome packages. Some get salary in crores . Some have their own startups hence don't sit for placement.
ReportPlacement: The average placement in the college so far at 2024 is 24 lakhs which not seems extraordinary but keep in mind that other colleges which shows high average salary consists limited branch but IIT Bombay has vast cources and situated at the financial capital of India
ReportPlacement: The placements of this collage is very good the highest package of this collage is 3.67 cpa and average package of this collage is 40 cpa and normal package of this collage is 14 lpa
ReportPlacement: Placement are surely availible in iities it was wonderful experience to be seen and imagine many more compnies are comedi in college before last year exams compnies inculding (Google , oracle,tata,mahindra,etc .)
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