IIT Bombay – Indian Institute of Technology Placements
Placements at IIT Bombay
On December 18, the Indian Institute of Technology (IIT) Bombay completed phase one of its 2022 placement drive. The batch received 1723 placement offers in total. 45 international bids from various countries were received. So far, 1382 selections have been secured. The first phase of the placement process involved 315 recruiters. There were 248 pre-placement offers made, with 202 of them accepted.
This year, the highest international package was over INR 2.1 CPA, and the highest domestic package was over INR 1 CPA. Among all offers, there were 7 international packages with more than one CPA and 5 domestic packages with more than one CPA. The average wage was INR 25 LPA.
IIT Bombay has released its final 2021 placement report. According to the report, 83.58 percent of students were placed. A total of 1207 students were assigned. A CTC of INR 17.91 LPA was offered on average. During the IIT Bombay Placements 2021, engineering and technology were dominant.
Report on IIT Bombay Placements 2022
|Particulars||Placements Statistics (2020-21)||Placements Statistics (2021-22)|
|No. of Companies Participated||–||315|
|Total No. of Offers||1207||1723|
|Total No. of Offers accepted||1207||1382 (Phase-1)|
|No. of Students participated||1444||–|
|No. of Students placed||1207||1382|
|Percentage of Placements||83.58%||–|
|No. of PPOs accepted||113||202|
|No. of International Offers||58||45|
|Highest CTC||–||INR 2.1 CPA|
|Average CTC||INR 20.08 LPA||INR 25 LPA|
|Top Recruiting Sector||Engineering & Technology||–|
|Top Recruiters||Honeywell, ISRO, Airbus||Uber, Ruberik, Millennium, Black Stone|
A total of 1388 selections were made at the end of phase 1 of the 2022 placement drive. Students received 248 pre-placement offers, with 202 of them accepting. 45 international placement offers were made from countries such as the United States, Japan, the United Arab Emirates, Singapore, the Netherlands, Hong Kong, and Taiwan. The highest international salary increased to over INR 2.1 CPA, while the highest domestic salary increased to over 1 CPA. The average annual salary was INR 25 LPA.
During the 2021 placement drive, a total of 1261 offers were made, with 1207 of these accepted. A total of 1150 students were placed, with an 83.58 percent placement rate. There were 113 pre-placement offers made in total. There were also 58 international offers. The average and median CTC were INR 17.91 LPA. During the placement drive, the top recruiting sector was Engineering & Technology.
Uber, Ruberik, Millennium, and Black Stone were among the recruiters who took part in the 2022 placement drive.
Sector-wise IIT Bombay Placements 2022
The following table shows the average CTC of various sectors:
|Finance||INR 28.40 LPA|
|IT/Software||INR 27.05 LPA|
|Research & Development||INR 25.12 LPA|
|Engineering & Technology||INR 21.54 LPA|
|Consulting||INR 18.02 LPA|
The Finance sector offered an average of INR 28.40 LPA, the IT/Software sector offered INR 27.05 LPA, the Research & Development sector offered INR 25.12 LPA, and the Engineering & Technology sector offered INR 21.54 LPA, and the Consulting sector offered INR 18.02 LPA.
Company-wise IIT Bombay Placements 2022
The following table summarises IIT Bombay’s salary statistics by company:
|Name of the Company||Salary Offered|
|Uber||INR 2.05 CPA|
|Ruberik||INR 90.55 LPA|
|Millennium||INR 62 LPA|
|WorldQuant||INR 51.71 LPA|
|Black Stone||INR 46.62 LPA|
|Year||Companies Visited||Highest Package||Average Package|
|2021 - 2022||
AT Kearney , Airbus , Axis Bank , BCG , Bain , Blackstone , CitiCorp , Credit Suisse , Dar-Al , DataXU , Deutsche Bank , Eaton , Future First , GM , Goldman Sachs , ITC , Intel Technologies , Morgan Stanley , NEC Corporation , NTT Communications , Ola , P&G , PayTM , Philips , Qualcomm , Rakuten Inc. , Samsung Electronics , Samsung Research and Development , Schlumberger , Shell , Siksha’O’Anusandhan University , Sony , Sysmex Corporation , Taiwan Semiconductor Manufacturing Company , Tata Motors , Toyo Engineering , Works Applications
|2.1 CPA||25 LPA|