IIT Bombay: Placement 2022 - Highest Package, Average Package & Top Recruiters

Placements

IIT Bombay Placements 2023

The commencement of IIT Bombay Placements 2024 took place on December 01, 2023. The first phase of the placement drive has concluded, witnessing 85 students securing a salary package exceeding INR 1 CPA. The overall IIT Bombay average package reached INR 36.9 LPA, with a slight increase noted in the IT/Software sector’s average package. Notably, 63 students garnered international offers. Currently, 1344 students have received placement offers, and out of those, 1188 students have accepted the offers. Among the 279 Pre-Placement Offers (PPOs) extended, 258 were accepted.

The final report for IIT Bombay Placements 2023 has been published, revealing a 5.2% increase in the number of placed students compared to the previous year. The IIT Bombay average package experienced a 1.5% rise, reaching INR 21.82 LPA, while the highest package achieved an impressive INR 3.67 CPA. Students received a total of 1898 job offers, with 1516 of them being accepted. Additionally, IIT Bombay recorded 963 summer internships and 141 winter internships.

The placement drive attracted the participation of 384 recruiters during IIT Bombay Placements 2023, featuring renowned companies such as American Express, Honda Japan, McKinsey & Company, Boston Consulting Group, among others.

Particulars	Placements Statistics 2023	Placements Statistics 2022
No. of Recruiters Participated	384	332
No, of Recruiters Making Job Offers	324	–
No. of Registered Students	2174	–
No. of Students Who Actively Participated	1845	–
No. of Job Offers	1898	1878
No. of Accepted Offers	1516	–
No. of Pre-Placement Offers	300	–
No. of Accepted Pre-Placement Offers	194	201
Placement Percentage	82.16%	–
IIT Bombay Highest International Package	INR 3.67 CPA	INR 60.9 LPA
IIT Bombay Highest Domestic Package	INR 1.68 CPA	INR 1.8 CPA
IIT Bombay Average Package	INR 21.82 LPA	INR 22.7 LPA
Top Recruiting Sector	Engineering & Technology	Engineering & Technology
Top Recruiters	American Express, Honda Japan, McKinsey & Company, Boston Consulting Group etc	Uber, Rubrik, Black Stone etc

IIT Bombay has successfully concluded its MBA placements for the year 2023, with notable achievements:

This year, the IIT Bombay average package for MBA placements at IIT Bombay’s SJSOM has seen a significant 11% increase, reaching INR 28.88 LPA.
The highest package offered stood at INR 54 LPA.
A noteworthy 50% of the placements were secured through pre-placement offers.
The majority of students found placements in the FMCG/FMCD sector (24%) and Conglomerates & other sectors (24%).
The placement process saw active participation from reputed recruiters such as DBS, JP Morgan Chase & Co, ICICI Bank, Nomura, Deloitte, Accenture Strategy, and more.

IIT Bombay Placements 2023 Sector-wise

The table below displays the placement statistics for IIT Bombay in 2023, categorised by sectors:

Sectors	Placement Percentage	No. of Offers	No. of Recruiters
Engineering & Technology	30%	458	97
IT/Software	20%	302	88
Consulting	10%	154	29
Research & Development	6%	92	30
Education	5%	81	7
Analytics	5%	79	21
Finance	5%	76	32
Design	2%	33	19
Data Science	2%	25	13
Public Sector Undertaking	1%	14	4
Services	1%	9	4
Others	1%	193	59

IIT Bombay Internship Placements 2023

Particulars	Internship Statistics 2023	Internship Statistics 2022
No. of Internships	1104	1195
No. of PPOs Offered	300	248
No. of PPOs Accepted	194	201
Summer Internship Offers	963	924
Winter Internship Offers	141	271

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.

IIT Bombay Placements FAQs

Q. What is the placement package offered at IIT Bombay?

Ans. During the IIT Bombay Placements 2023, the highest international package reached INR 3.67 CPA, while the highest domestic package was INR 1.68 CPA. The IIT Bombay average package stood at INR 21.82 LPA.

Q. Does IIT Bombay achieve 100% placements?

Ans. IIT Bombay Placements 2023 achieved a placement rate of 82.16%.

Q. What is the highest package offered at IIT Bombay?

Ans. The highest package recorded at IIT Bombay during the 2023 placement drive was INR 3.67 CPA.

Q. How are the placements for IIT Bombay CSE (Computer Science and Engineering) students?

Ans. During IIT Bombay Placements 2023, the CSE batch secured a total of 228 placement offers.

Q. How are the placements for IIT Bombay M.Tech students?

Ans. IIT Bombay M.Tech Placements 2023 witnessed 479 placements with a commendable placement percentage of 90%.

Yearwise

Year	Companies Visited	Highest Package	Average Package
2023	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	3.67 CPA	21.82 LPA

IIT Bombay – Indian Institute of Technology Placements