IIT Bombay Placements 2022: Highest Package & Average Package, Top Companies ,Powai, Mumbai

Get Admission and Placement Updates about IIT Bombay

What’s new at IIT Bombay Placements 2022? 12 students have received the salary package of more than 1 crore per annum during IIT Bombay placements 2021-22. Further, a total of 1,723 offers were made and 1,382 offers were accepted during phase 1 of IIT Bombay placements 2021-22. Further, more than 315 companies have recruited students with Rakuten Group making the highest international offers.

The highest international package received as of now during phase 1 of IIT Bombay placements 2022 is INR 2.05 crore per annum (2.74 lakh USD) from Uber. Further, the highest domestic package received as of now during phase 1 of IIT Bombay (IIT Mumbai) placements 2022 is INR 1 crore per annum.

IIT Bombay Placements 2022: Top IITs Comparison

The below-mentioned comparison table showcases IIT Bombay placement 2022 performance in comparison to other top IITs such as IIT Delhi, IIT Kanpur and IIT Madras:

IIIT Name

Highest Package

Average Package

No. of Offers

IIT Bombay

INR 2.05 crore per annum

NA

1,723

IIT Delhi

INR 2 crore per annum

NA

1,250

IIT Madras

INR 1.89 crore per annum

INR 22.7 LPA (BTech)

1,000+

IIT Kanpur

INR 2.23 crore per annum

NA

1,300

IIT Bombay Placements 2022: Highlights

The key IIT Bombay placements 2021-22 highlights as on Dec 8 2021 are presented in the below-mentioned table:

Particulars

Statistics (2021-22) Phase 1

Number of companies participated

315

Number of offers made 

1,723

Number of offers accepted 

1,382

Number of PPOs made 

248

Number of PPOs accepted 

202

Number of International offers 

45

Highest International package

INR 2.05 crore per annum

Highest Domestic package

INR 1 crore per annum

Top Recruiters

Uber, Rubrik, Millennium

Major sectors

IT, Software, Consulting and Core Engineering

IIT Bombay Placement Trends: 2020 Vs 2021 Vs 2022

The trends witnessed during IIT Bombay placements 2020, 2021 and 2022 with respect to the no. of offers received and accepted are presented below:

The salary trends witnessed during IIT Bombay placements 2020, 2021 and 2022 are presented below:

The detailed IIT Bombay placement trends witnessed during 2020, 2021 and 2022 are presented in the below-mentioned table:

Particulars

Statistics (2020)

Statistics (2021)

Statistics (2022)

Total offers received

1,319

1,128

1,723

Total offers accepted

1,172

973

1,382

Average package

INR 20.08 LPA

INR 17.91 LPA

INR 25 LPA

IIT Bombay Placements 2022: Sector-wise Compensation

The sector-wise average CTC offered during IIT Mumbai placements 2022 is presented in the below-mentioned table:

Sector

Average CTC

Engineering & Technology

INR 24 LPA

IT / Software

INR 27.05 LPA

Finance

INR 28.40 LPA

Research & Development

INR 25.12 LPA

Consulting

INR 18.02 LPA

IIT Bombay Placements 2022: Top Companies

The list of recruiters of IIT Bombay along with salary packages offered during Phase 1 of IIT Bombay placements 2021-22 is presented below:

Company Name

Highest Package

Uber

INR 2.5 crore per annum

Rubrik

INR 92 lakh per annum

Millennium

INR 62 lakh per annum

WorldQuant

INR 51.71 lakh per annum

Blackstone

INR 46.62 lakh per annum

Note: The above-mentioned placement data is gathered from media reports.

Important: The IIT Bombay complete placements 2021-22 report is not released as of now, and all the above-mentioned data is sourced from media reports. Stay tuned with this page for regular updates on IIT Bombay Placements 2021-22. Until then, take a look at the IIT Bombay placements 2020-21 report given below: 

IIT Bombay Placements 2021

The Placement Drive at IIT Bombay was a year-long event, which started in the month of July 2020 and ended on June 30, 2021. Below is the statistics table of IIT Bombay placements comparing 2019 and 2020 with 2021:

Particulars

2018-19

2019-20

2020-21

Placement rate 

84.47%

83.58%

 76.21%

No. of companies registered

361

NA

261

Number of PPOs

131 

113

 149

Number of offers

1,186

1,209

 1,261

Number of Accepted Offers

NA

1207

 1150

International offers made

108 

159

 58

Average CTC 

Rs 17.49 LPA

Rs 20.08 LPA

 Rs 17.91 LPA

Read More: IITB Placement Report 2021

IIT Bombay Placements 2021: Domain-wise Statistics

IITB witnessed major sector companies coming to the campus for offering placement opportunities to students. The sectors include Engineering & Technology, IT/ Software, Finance, and Consulting. The numbers of offers made by each sector, and the number of companies registered is added below for better understanding:

IIT Bombay placements 2021: Domain-wise Offers

IITB witnessed total of 1,001(numbers of offers, excluding PPOs) numbers of offers in the placements 2021 session. As per the recent reports, Engineering & Technology offered 314 offers, highest number of offers during the 2021 drive. IT/ Software offered 267, and Finance offered 154 job offers. Below graph shows the numbers of offers made by different sectors in placements 2021 in detail:

IIT Bombay placements 2021: Number of companies Registered

Over 260 companies registered for the IIT Bombay placement season 2021. Below graph shows the numbers of companies registered in IITB placements 2021 in detail:

IIT Bombay placements 2021: Course-wise Offers Made

IIT Bombay placements details of BTech, MTech, and Dual degree courses are listed below:

IIT Bombay BTech Placements Trends 2021

IIT Bombay witnessed a hike in the total number of BTech students registered for placement in 2021 from 612 in 2019, and 601 in 2020, to 652. A number of participated BTech students also increased from 534 to 537 this year. Adding to this the BTech placement witnessed a drop to 486 this year in comparison to 492 last year.

Below graph shows the IIT Bombay BTech placement trends 2021 in detail: 

IIT Bombay BTech Placements Trends 2021

IITB BTech placements 2021: Sector-wise statistics

The demand for BTech and MTech students in various industries was nearly the same. Education and Engineering & Technology sectors showed more interest in IIT Bombay students than the previous year.

Statistics for various programmes are broken down by sectors are added below in the graph:

IIT Bombay MTech Placements Trends 2021

IIT Bombay witnessed an MTech placements rate of 71.73 in the year 2021. The number of MTech registered students increased to 669, as compared to 575 in 2020, and 524 in 2019. The number of participated MTech students in 2021 also increased to 566 from 507 last year. However, the number of students placed decrease to 406 this year, as compared to 423 last year.

Below graph shows the IIT Bombay MTech placement trends 2021 in detail: 

IIT Bombay MTech Placements Trends 2021

IITB MTech Placements 2021: Sector-wise Statistics

The engineering & Technology sector showed more interest in IIT Bombay students, followed by IT/Software. Statistics are broken down by sectors are added below in the graph:

IIT Bombay Dual Degree Placements Trends 2021

IIT Bombay witnessed a hike in the number of Dual Degree (BTech+MTech) students registered for placements 2021 to 168, as compared to 166 last year. Students who participated remain constant for both the years that is 141. However, the number of students placed witnessed a dip to 132 as compared to 133 in the last year.

Below graph shows the IIT Bombay Dual Degree placement trends 2021 in detail: 

IIT Bombay Dual Degree Placements Trends 2021

IITB Dual degree placements 2021: Sector-wise statistics

The engineering & Technology sector offered the highest number of offers to a dual degree, followed by IT sectors. Finance sectors also offered 12 offers to students at IITB placements 2021. Statistics are broken down by sectors are added below in the graph:

IIT Bombay Placement Trends 2021: Other Courses

IITB placements 2021 witnessed 48 MDes students, 38 MSc students and 20 BS students placed. Other details of the registered, participated and placed students from different courses are listed below:

IIT Bombay placement Trends 2021: Other courses

*Other programmes includes MPP, MUDE, 5-year Integrated MSc, BS + MSc, MTech. + PhD, MSc + PhD, MPhil, IDDD, MS by Research (Exit) Degree.

IIT Bombay Placements 2021: Trends on Offers Made

IIT Bombay placements 2021 witnessed a hike in the offer made to the students as compared to the placements year 2020. The below graph represents the change in numbers between IIT Bombay placements 2020 and IIT Bombay placements 2021

IIT Bombay Placements 2021: Trends on Offers Made

IIT Bombay Placements 2021: Salary Trends

IIT Bombay placements 2021 witnessed a hike in the average salary recorded when compared to 2019 and 2020 placement drives. Graphical representation of average salary and average gross salary trends is given below:

IIT Bombay Placements 2021: Salary Trends

IIT Bombay Placements 2021: International Offers Trends

IIT Bombay placement 2021 also witnessed a dip in the numbers of international offers. A total of 58 offers were made during 2021 as against 159 offers made in the placement year 2019-20.

IIT Bombay Placements 2021: International Offers Trends

IIT Bombay Placements 2021: Pre Placement Offers Trends

IITB witnessed an increase in the PPO in the placement year 2021 from 149 to 113 last year. Below the graph is given for better understanding:

IIT Bombay Placements 2021: Pre Placement Offers Trends
IIT Bombay Internship 2021

Apart from placements, IIT Bombay also offers winter and summer internships. Summer internships usually begin in May and continue till mid-July, whereas winter internships are pursued in the month of December. The interns are independently shortlisted by either one or a group of faculty. Students from their second and third years of Bachelor's and first year of Master’s programs appear for the internship process.

The Internship season 2020-21 started in July 2020 and continued till June 2021. There were 940 offers. Companies have also benefited as they have offered 177 Pre-Placement Offers (PPO) out of which 149 were accepted.

IIT Bombay Internships 2021: Departments-Wise Trends

IIT Bombay internship 2021 witnessed high demand for students from departments such as Computer Science, Mechanical and Electrical Engineering. A slight increase in the number of Chemistry and Computer Science internships was also observed in comparison with the previous year. The table below shows comparative department-wise data of IIT Bombay internships:

Department/ Year

2019

2020

2021

Aerospace

49

41

33

Chemical

137

109

98

Chemistry

25

14

20

Civil

100

60

49

Computer Science

203

207

237

Electrical

133

139

138

Engineering Physics

23

22

19

Energy

18

17

11

Mechanical

166

132

130

MEMS

89

59

50

Others

98

101

155

Total

1,041

901

940

IIT Bombay Alumni Placements

IIT Bombay has alumni placed in top companies of India in major sectors. More than 50 leading companies from the industry participated in the recruitment process. The sector-wise break-up was from sectors such as Banking, Manufacturing & Logistics & Supply Chain Management, IT, etc. As per various sources, IIT Bombay has more than 60,000 alumni registered online working with top companies like TCS, Google, Microsoft, etc.

IT Bombay Alumni Placement: Sector-wise Distribution

IIT Bombay sector-wise distribution for the alumni data is listed below:

*Others include social Services, Media And Communication, Business Development, Sales, Healthcare Services, IT, Legal, Marketing, And Support.

IIT Bombay Alumni Placements: Top Companies 

Some of the top companies with which a majority alumni base of IIT Bombay is associated are as follows: 

IIT Bombay Alumni Placements: Top Companies 

TCS

Google

TechFest

Amazon

Goldman Sachs

Mood Indigo

Microsoft

Spring Fest

Facebook

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Check out the latest IIT Bombay reviews Compare IIT Bombay with other Colleges IIT Bombay Admissions

IIT Bombay Placements FAQs

Q. What was the highest package offered during IIT Bombay placements 2022?

A. The highest international package offered during IIT Bombay placements 2022 was INR 2.05 crore per annum. In addition, the highest domestic package offered during IIT Bombay placements 2022 was INR 1 crore per annum.

Q. What was the average package offered during IIT Bombay placements 2022?

A. The average package offered during IIT Bombay placements 2022 was INR 25 LPA. Earlier, the average packages offered during IIT Bombay placements 2020 and 2021 were INR 20.08 LPA and INR 17.91 LPA, respectively.

Q. How many offers were made during IIT Bombay placements 2022?

A. A total of 1,723 offers were received and 1,382 offers were accepted during IIT Bombay placements 2022. Earlier, 1,128 offers were received and 973 offers were accepted during IIT Bombay placements 2021.

Q. How many companies participated during IIT Bombay placements 2022?

A. 315 companies visited the campus during IIT Bombay placements 2022. Earlier, 261 companies visited the campus during IIT Bombay placements 2021.

Q. Who were the top recruiters of IIT Bombay in 2022?

A. The top recruiters of IIT Bombay in 2022 included leading companies such as Uber, Rubrik and Millennium. Further, the top recruiting sectors during IIT Bombay placements 2022 were IT, Software, Consulting and Core Engineering.

Placement Reviews

Overall Placement Rating (Out of 5)

4.6

Based on 262 Verified Reviews

Distribution of Rating

The Verified badge indicates that the reviewer's details have been verified by Shiksha, and reviewers are bona fide students of this college. These reviews and ratings have been given by students. Shiksha does not endorse the same. Out of 330 published reviews, 262 reviews are verified.
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V
Vivek Sharma | B.Tech. in Metallurgical Engineering and Materials Science - Batch of 2025
Reviewed on 24 Sep 2021
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
IIT Bombay is the best place.

Placements: About 90% of the students get placed from our college. The average salary package offered is around 15 LPA to 18 LPA. About 40% of students do internships in 2nd year from metallurgical and materials science. IITB company is open to all students. You should maintain a minimum CPI criterion like some academically top students maintain 8 CGPA to attend placement interviews.

Infrastructure: Every facility available here is good. Sometimes the food served in the mess is not good, but after giving complaint, the qual...

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V
Vivek Kumar | B.Tech. in Mechanical Engineering - Batch of 2024
Reviewed on 2 Sep 2021
Verified
4.8
Placements 5 Infrastructure 5 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 5
This is the best college in India for engineering. The facilities and infrastructure are very good.

Placements: Around 80-85% of students are placed, and some of the students opt for further studies and research. The average salary package offered is 18 LPA. Many students got internships in top companies like Axis Bank, etc. Students can get core as well as non-core jobs.

Infrastructure: This college has very high-speed Wi-Fi available in every hostel. Laboratories, classrooms, and the library are well advanced and beautiful. The food served in mess and canteen is very good in taste and variety. The medical facilities are...

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Y
Yogesh Meena | B.Tech. in Civil Engineering - Batch of 2024
Reviewed on 24 Jun 2021
Verified
4.8
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 4
IIT Bombay is an all-rounder and is a good college in all fields.

Placements: The academic department of our institute is great. Most of the students got placed in our department. Students go to both the core and non-core companies for placements depending on their personal interests and other factors. All the major recruiting companies like Microsoft, Google, etc., are the top recruiters. They recruit the students from both their core and non-core branches.

Infrastructure: All the infrastructure and facilities are very good. You will fall in love with infrastructure and facilities. The c...

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P
Puneet Agarwal | B.Tech. in Civil Engineering - Batch of 2024
Reviewed on 15 May 2021
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Review of IIT Bombay - Indian Institute of Technology.

Placements: About 80% of the students were placed from IITB of 4-year civil course. The highest salary package offered here is about 60 LPA, and the lowest salary package offered is about 5 LPA. The average salary package offered is about 8 LPA. The top recruiting company here was L&T. Many students got internships in good companies. About 50% of the students got internships from here, and students got placed for government jobs through IES. Many students got jobs in the non-core sector, even in top compani...

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Dhruv Sorathiya | B.Tech. in Mechanical Engineering - Batch of 2024
Reviewed on 15 Apr 2021
Verified
4.8
Placements 5 Infrastructure 5 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 5
It is a perfect college for students who really want to get exposure to technology.

Placements: I will pass out in 2024. I don't have any experience yet, but the placement records are almost the top in the country. The average package offered last year was around 16 LPA, and I am very happy about it.

Infrastructure: I haven't visited the hostel yet, due to the pandemic. But I saw many photos and spoke with my seniors about this. Their review is awesome. Mess food charges are slightly high, but the food quality is also good. Every hostel has separate grounds and canteens. Our wing group is awesome.

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vishal meena | B.Tech. in Civil Engineering - Batch of 2024
Reviewed on 10 Apr 2021
Verified
4.8
Placements 4 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
I am totally satisfied with faculty members, good placements and a superb and beautiful campus.

Placements: The placement rate in our college is pretty good. More than 70% of the students from our college got placed in various companies of their fields. Some of them are Google, Microsoft, Jaguar, etc. They offered roles on the basis of their metal, ranging from a technical engineer to production manager and above. Around 50% of the students got internships in various companies from here. The salary package offered varies from 8 LPA to 97 LPA.

Infrastructure: The college has world-class infrastructure, Wi-Fi on the cam...

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A
ARPIT UPADHYAY | B.Tech. in Mechanical Engineering - Batch of 2024
Reviewed on 12 Mar 2021
Verified
4.8
Placements 4 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Satisfied with the quality of education and very good campus, but they give us lots of pressure.

Placements: More than 60% of the students in the mechanical branch got placed. Many of them got placed in top MNCs. The top recruiting companies are Mercedes and Jaguar. The packages vary from 8 LPA to 94 LPA. The roles offered were diverse, from system engineers to R&D departments.

Infrastructure: The infrastructure of our college is superb. It has tall buildings and an excellent Wi-Fi enabled campus. Each hostel has its own computer lab, and we have a very large common library too. We have lots of canteens offering variou...

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Vishal Kumar Meena | B.Tech. in Chemical Engineering - Batch of 2024
Reviewed on 22 Feb 2021
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Review of IIT Bombay - Indian Institute of Technology.

Placements: There are about 80-90% of chances of getting placements. In the 7th semester, all companies from foreign and our country visit our college and begin the process of placements. We have to prepare our profile. For a good job, we have to score about 8 CPI.

Infrastructure: Our hostel and mess facilities are like 5-star hotels.

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Comments

What percentile should I aim for in CAT to get a call from IIMs and IITs? My scores: 10th-79%, 12th-76% and UG-82%.

Reply to Akash Gupta

7217382
Vinay kr Pandey

Guide-Level 15

11 hours ago

To get admitted into any Iims or any Top MBA colleges in India, the minimum CAT 2022 cutoff is expected to be 90 percentile. Those who secured the 99+ percentile can apply to top Iims like IIM Bangalore, IIM Ahmedabad, IIM Lucknow, IIM Calcutta, and IIM Kozhikode. Hope it helps.

7217382
ABHISHEK K

Scholar-Level 17

2 years ago

CAT score above 95 percentile. The best Iims, call students when they have their percentile above 90% or 95%. You have a good academic background so you just need to score your best in CAT rest there is a fair chance that you will get in.

IIT Bombay has part time MBA in marketing.

Reply to Esther Stephen

29060617
Vinay kr Pandey

Guide-Level 15

3 days ago

Hello,
Lovely to meet you!
Kindly see the below link for information related to your query. https://www.shiksha.com/university/iit-bombay-indian-institute-of-technology-mumbai-54212/courses/mba-pgdm-bc.

I have a B.Com degree and I am currently pursuing an online MCA. Will I be eligible for M.Des Interaction Design programme of IIT Bombay?

Reply to Suhita Korgaonkar

5192478
Mallika Ahuja

Contributor-Level 10

Yesterday

5192478
pradeep kumar

Scholar-Level 18

2 weeks ago

The eligibility criteria of M.Des Interaction Design of IIT IDC Mumbai is given below.The candidates should have a minimum of 55% marks (50% marks in case of SC/ST/PwD) or equivalent grades in the qualifying degree for individual streams. Admission criteria : The candidate should have also qualif...The eligibility criteria of M.Des Interaction Design of IIT IDC Mumbai is given below.
The candidates should have a minimum of 55% marks (50% marks in case of SC/ST/PwD) or equivalent grades in the qualifying degree for individual streams.
Admission criteria : The candidate should have also qualified through Common Entrance Examination for Design for 2022 CEED 2022). In addition to the 55% or 50% clause mentioned before, the candidate must have one of the degrees mentioned against the corresponding streams below.
1. Bachelors Degree in Design/Engineering/Architecture/ Interior Design: 10+2+4 years (minimum four year Bachelors course). Note: B. Plan. Considered equivalent to B.Arch. Four year B.Sc. (engineering) course after HSC considered equivalent to BE/B.Tech.
2. Professional Diploma in Design: 10+2+4 years (minimum four year Diploma programme).
3. BFA (4 year professional programme with entry after 10+2) Masters Degree in Arts, Science (3+2 years programme with entry after 10+2).
4. Masters Degree in Computer Application (3 year or 2 year in case of lateral entry to second year after BCA programme with entry after 10+2+3 years for graduation).
5. GD Art * (4 year programme after 1 year foundation. Minimum entry requirement 10th pass). Professional Experience required with minimum one year. Because you are doing MCA after B.Com. So not eligible for asked course.

Can I do M.Des from IDC IIT Bombay after 3-year Bvoc in design and 1 year Post graduate Diploma?

Reply to Rizul Tomar

43301885
Vinay kr Pandey

Guide-Level 15

2 days ago

Hello,
Kindly check out the below link for information related to your query.
https://www.shiksha.com/design/articles/iit-bombay-mdes-admission-process-schedule-2020-blogId-32873
Hope it helps.

What is the fee structure of M.Sc Geophysics in IIT Bombay per semester for Scheduled Casts?

Reply to Arindam Barman

43307029
Vinay kr Pandey

Guide-Level 15

2 days ago

Hello
Great interacting with you
Kindly checkout the below link for information related to your query. https://www.shiksha.com/university/iit-bombay-indian-institute-of-technology-mumbai-54212.

43307029
Mallika Ahuja

Contributor-Level 10

2 days ago

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