IIT Bombay Placements 2023: Average Package, Highest Package, Top Recruiters ,Powai, Mumbai

What’s new at IIT Bombay placements 2023? The highest international and domestic package offered during IIT Bombay placements 2023 stood at INR 3.67 crore per annum and INR 1.68 crore per annum, respectively. Further, the average package offered during IIT Bombay placements 2023 stood at INR 21.82 LPA. In addition, the overall placement rate recorded during IIT Bombay placements 2023 was 82%. Moreover, a total of 384 companies participated and 1,898 offers were made during IIT Bombay placements 2023. A total of 1,104 internship offers were made during IIT Bombay internships 2023. The top recruiters that visited the campus during IIT Bombay placements 2023 included Uber, Rubrik and Millennium.

IIT Bombay Placements 2023

  • A rise of nearly 75% was witnessed in the highest international package offered in 2023 as compared with 2022
  • A fall of nearly 7% was witnessed in the highest domestic package offered in 2023 as compared with 2022
  • A rise of over 1% was witnessed in the average package offered in 2023 as compared with 2022

IIT Bombay Placements 2023: Highlights

The key highlights of IIT Bombay placements 2023 as compared with 2022 are presented in the below-mentioned table:

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Highest international package

INR 2.1 crore per annum

INR 3.67 crore per annum

Highest domestic package

INR 1.8 crore per annum

INR 1.68 crore per annum

Average package

INR 21.50 LPA

INR 21.82 LPA

Companies making job offers 

332

324

Placement rate

89%

82%

Total offers made

1,878

1,898

Total offers accepted

1,441

1,516

International offers accepted

66

65

PPOs accepted

201

194 (300 PPOs made)

Registered students

2,056

2,174

Students participated

NA

1,845

Download: IIT Bombay Placement Report 2023 

IIT Bombay Placement Comparison 2023: Top IITs

The below-mentioned comparison table showcases IIT Bombay placement 2023 statistics in comparison with other top IITs such as IIT Delhi, IIT Kanpur and IIT Madras:

IIT Name

Highest Package (2023)

Average Package (2023)

No. of Offers (2023)

IIT Bombay

INR 3.67 crore per annum

INR 21.82 LPA

1,898

IIT Delhi

INR 2.5 crore per annum

INR 17.60 LPA

1,300

IIT Madras

INR 1.31 crore per annum

INR 17.00 LPA (median package)

1,612

IIT Kanpur

INR 1.9 crore per annum

INR 22.07 LPA

1,200

Note: IIT Delhi and IIT Kanpur average package data are not released. Hence, basis NIRF report 2023, the median package offered during IIT Delhi and IIT Kanpur BTech placements 2022 is shown above.

IIT Bombay Average Package 2023

The average package offered during IIT Bombay placements 2023 stood at INR 21.82 LPA. Further, an improving trend was witnessed in the average package offered over the past three years during IIT Bombay placements, which is presented below:

The average salary trends witnessed during IIT Bombay placements over the past three years are presented below:

Particulars

Placement Statistics (2021)

Placement Statistics (2022)

Placement Statistics (2023)

Average package

INR 17.91 LPA

INR 21.50 LPA

INR 21.82 LPA

IIT Bombay Top Recruiters 2023

The list of top recruiters during IIT Bombay placements 2023 is presented below:

IIT Bombay Top Recruiters 2023

Uber    

WorldQuant     

Rubrik  

Blackstone

Millennium       

 

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IIT Bombay Placements FAQs

Check IIT Bombay placement FAQs below: 

Q:   Which IIT is better than IIT Bombay?

A:

The below-mentioned comparison table showcases IIT Bombay placement 2023 statistics in comparison with other top IITs such as IIT Delhi, IIT Kanpur and IIT Madras:

IIT Name

the highest Package (2023)

Average Package (2023)

No. of Offers (2023)

IIT Bombay

INR 3.67 crore per annum

INR 21.82 LPA

1,898

IIT Delhi

INR 2.5 crore per annum

INR 17.60 LPA

1,300

IIT Madras

INR 1.31 crore per annum

INR 17.00 LPA (median package)

1,612

IIT Kanpur

INR 1.9 crore per annum

INR 22.07 LPA

1,200

Note: IIT Delhi and IIT Kanpur average package data are not released. Hence, basis NIRF report 2023, the median package offered during IIT Delhi and IIT Kanpur BTech placements 2022 is shown above.

View Other Answers

Q:   What is the highest package of IIT Bombay?

A:

The highest international and domestic package offered during IIT Bombay placements 2023 stood at INR 3.67 crore per annum and INR 1.68 crore per annum, respectively. Further, an improving trend was witnessed in the highest international package offered over the past three years during IIT Bombay placements. The highest international and domestic salary trends witnessed during IIT Bombay placements over the past three years are presented below:

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

the highest international package

INR 2.1 crore per annum

INR 3.67 crore per annum

the highest domestic package

INR 1.8 crore per annum

INR 1.68 crore per annum

View Other Answers

Q:   What is the trend of the highest domestic package during IIT Bombay placements over the last two years?

A:

A declining trend was witnessed in the highest domestic package offered over the past two years during IIT Bombay placements, which is presented below:

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

the highest domestic package

INR 1.8 crore per annum

INR 1.68 crore per annum

Q:   What is the average package offered during IIT Bombay placements?

A:

The average package offered during IIT Bombay placements 2023 stood at INR 21.82 LPA. Further, an improving trend was witnessed in the average package offered over the past three years during IIT Bombay placements, which is presented below:

The average salary trends witnessed during IIT Bombay placements over the past three years are presented below:

Particulars

Placement Statistics (2021)

Placement Statistics (2022)

Placement Statistics (2023)

Average package

INR 17.91 LPA

INR 21.50 LPA

INR 21.82 LPA

Q:   What is the package-wise offers made during IIT Bombay placements?

A:

The package-wise number of offers accepted and companies participated during IIT Bombay placements 2023 are presented below:

Range of Gross Salary (In INR LPA)

Number of Offers (2023)

Number of Companies (2023)

Above 16

563

130

Between 13.5 to 16

229

65

Between 11.5 to 13.5

261

65

Between 9.5 to 11.5

142

42

Between 7.75 to 9.5

149

33

Between 6.25 to 7.75

72

25

Between 5 to 6.25

99

12

Between 0 to 5

1

1

Q:   What is the placement percentage record during IIT Bombay placements?

A:

The placement percentage recorded during IIT Bombay BTech placements 2023 was 88%. The course-wise placement percentage recorded during IIT Bombay placements 2023 is presented below:

Course

Placement Percentage (2023)

BTech

88%

BS

90%

BDes

58%

Dual Degree (BTech + MTech)

95%

Dual Degree (BDes + MDes)

88%

MTech

90%

MSc

69%

MPP

66%

MDes

61%

PhD

31%

Others

52%

Further, the course-wise number of students registered, students participated and students placed during IIT Bombay placements 2023 are presented below:

Course

Students Registered (2023)

Students Participated (2023)

Students Placed (2023)

BTech

791

679

598

BS

57

43

39

BDes

23

12

7

Dual Degree (BTech + MTech)

215

187

178

Dual Degree (BDes + MDes)

10

9

8

MTech

583

532

479

MSc

214

159

110

MPP

12

9

6

MDes

76

63

39

PhD

166

131

41

Others

27

21

11

Q:   What is the department-wise placement percentage recorded during IIT Bombay placements?

A:

The placement percentage recorded for some of the popular departments during IIT Bombay placements 2023 is presented below:  

Department

Course

Placement Rate (2023)

 

 

Aerospace

BTech

85.41%

MTech

83.33%

Dual Degree (BTech + MTech)

87.5%

Applied Statistics and Informatics

MSc

83.87%

 

Biosciences and Bioengineering

MTech

89.47%

Dual Degree (MSc + PhD)

100%

MSc

93.33%

PhD

20%

 

 

Chemical Engineering

BTech

84%

MTech

74.19%

PhD

62.5%

MSc by Research

100%

Dual Degree (BTech + MTech)

100%

 

Computer Science & Engineering

BTech

97.7%

MTech

100%

PhD

100%

MSc by Research

66.67%

 

Civil Engineering

BTech

83.33%

MTech

95.35%

PhD

30%

Dual Degree (BTech + MTech)

100%

 

 

Electrical Engineering

BTech

86.67%

MTech

89.52%

PhD

38.46%

MS by research (Exit Degree)

100%

Dual Degree (BTech + MTech)

93.93%

 

 

Mechanical Engineering

BTech

89.6%

Dual Degree (BTech + MTech)

97.14%

Dual Degree (MTech + PhD)

50%

MTech

97.14%

PhD

45.83%

Q:   How many offers are made during IIT Bombay placements?

A:

A total of 1,898 offers were made and 1,516 offers were accepted during IIT Bombay placements 2023. Further, 65 international offers and 194 PPOs were accepted during IIT Bombay placements 2023. Apart from this, an improving trend was witnessed in the number of offers made and accepted over the past three years during IIT Bombay placements, which is presented below:

Particulars

Placement Statistics (2021)

Placement Statistics (2022)

Placement Statistics (2023)

Total offers made

1,261

1,878

1,898

Total offers accepted

1,150

1,441             

1,516

International offers accepted

58

66

65

PPOs accepted

149

201

194 (300 PPOs made

Q:   Which is the top recruiting sector during IIT Bombay placements?

A:

Engineering & Technology sector emerged as the top recruiting sector wherein 30% of the total offers was accepted during IIT Bombay placements 2023. The sector-wise offers accepted during IIT Bombay placements 2023 is presented below:

Note: The “Others” category includes the sector of Design, Data Science, PSU, Services and a few other sectors that are not defined.

Further, the sector-wise number of offers accepted during IIT Bombay placements 2023 is presented below:

Sectors

Offers Accepted (2023)

Engineering & Technology

458

IT / Software

302

Consulting

154

Research & Development

92

Education

81

Analytics

79

Finance

76

Design

33

Data Science

25

Public Sector Undertaking

14

Services

9

Others

193

Q:   Which sector sees maximum company participation during IIT Bombay placements?

A:

Engineering & Technology sector emerged as the top recruiting sector that witnessed the participation of 97 companies during IIT Bombay placements 2023. The sector-wise number of companies visited during IIT Bombay placements 2023 is presented below:

Sectors

Companies Visited (2023)

Engineering & Technology

97

IT / Software

88

Finance

32

Research & Development

30

Consulting

29

Analytics

21

Design

19

Data Science

13

Education

7

Public Sector Undertaking

4

Services

4

Others

59

Q:   How many department-wise offers are made during IIT Bombay placements?

A:

Computer Science & Engineering department emerged as the top department wherein 228 offers were accepted during IIT Bombay placements 2023. The department-wise number of offers accepted over the past three years during IIT Bombay placements are presented below:

Departments

No. of Offers (2021)

No. of Offers (2022)

No. of Offers (2023)

Computer Science & Engineering

199

236

228

Electrical Engineering

220

257

214

Mechanical Engineering

151

180

191

Chemical Engineering

89

135

141

Metallurgical Engineering and Materials Science

90

127

131

Civil Engineering

98

99

129

Aerospace Engineering

54

76

78

Industrial Design Centre

69

56

54

Energy Science and Engineering

29

32

40

Chemistry

10

17

35

Biosciences and Bioengineering

5

7

33

Applied Statistics and Informatics

23

29

26

Earth Sciences

12

13

17

Physics

1

1

17

Other Programs

91

176

182

Q:   Which is the top recruiting sector during IIT Bombay BTech placements?

A:

IT / Software sector emerged as the top recruiting sector wherein 156 offers were accepted during IIT Bombay BTech placements 2023. The sector-wise number of offers accepted during IIT Bombay BTech placements 2023 is presented below:

Sectors

BTech Offers Accepted (2023)

IT / Software

156

Engineering & Technology

129

Consulting

75

Finance

52

Analytics

36

Research & Development

27

Product Management

10

Data Science

7

Education

5

Services

5

PSU

4

Design

1

Others

91

Q:   Which is the top recruiting sector during IIT Bombay M.Tech placements?

A:

Engineering & Technology sector emerged as the top recruiting sector wherein 213 offers were accepted during IIT Bombay M.Tech placements 2023. The sector-wise number of offers accepted during IIT Bombay M.Tech placements 2023 is presented below:

Sectors

MTech Offers Accepted (2023)

Engineering & Technology

213

IT / Software

95

Research & Development

37

Consulting

33

Education

21

Analytics

17

Data Science

11

Design

4

PSU

4

Services

4

Product Management

2

Finance

1

Others

37

Q:   How is the performance of CSE, Mechanical, Chemical, and Civil Engineering departments during IIT Bombay placements?

A:

The department-wise IIT Bombay placement statistics 2023 are presented below:

BTech Departments

Placement Rate (2023)

Number of Offers (2023)

CSE

97.7%

228

Mechanical

89.6%

191

Chemical

84%

141

Civil

83.33%

129

Note: The number of offers includes BTech and M.Tech courses.

Q:   How many students are placed during IIT Bombay placements?

A:

The course-wise number of students during IIT Bombay placements 2023 as compared with number of students placed in 2022 and 2021 are presented in the below-mentioned table:

Course

Students Placed (2021)

Students Placed (2022)

Students Placed (2023)

BTech

468

544

598

Dual Degree (BTech + MTech)

132

184

178

MTech

406

523

479

Others

144

190

261

Q:   How many companies visit the campus during IIT Bombay placements?

A:

A total of 384 companies participated and 324 companies made job offers during IIT Bombay placements 2023. Further, an improving trend was witnessed in the number of companies participated over the past two years during IIT Bombay placements, which is presented below:

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Companies participated

300

384

Companies making job offers

332

324

Q:   How are IIT Bombay PhD placements?

A:

The highest and average package offered during IIT Bombay PhD placements 2023 stood at INR 29 LPA and INR 18.34 LPA, respectively. Further, the percentage of offers made to active applicants during IIT Bombay PhD placements 2023 was 31.66%, which is an improvement of 34.16% as compared to last year. The key highlights of IIT Bombay PhD placements 2023 are presented below:

Particulars

PhD Placement Statistics (2023)

the highest package

INR 29 LPA

Average package

INR 18.34 LPA

Students registered

166

Students participated

131

Students placed

41

Offers accepted

41

Q:   How many students are placed during IIT Bombay PhD placements?

A:

A total of 41 students were placed out of 131 participating students during IIT Bombay PhD placements 2023. The trends witnessed during IIT Bombay PhD placements over the past three years with respect to the number of students participated and placed are presented below:

Particulars

PhD Placement Statistics (2021)

PhD Placement Statistics (2022)

PhD Placement Statistics (2023)

Students participated

76

67

131

Students placed

14

30

41

Q:   How are IIT Bombay internships?

A:

The key highlights of IIT Bombay internships 2023 are presented below:

Particulars

Internship Statistics (2023)

PPOs received

300

PPOs accepted

194

Total internship offers

1,104

Q:   Which department gets maximum number of offers during IIT Bombay internships?

A:

Computer Science department received the maximum number of offers, i.e. 273 during IIT Bombay internships 2023. Further, department-wise offers received during IIT Bombay internships over the past three years are presented below:

Departments

Internship Offers (2021)

Internship Offers (2022)

Internship Offers (2023)

Computer Science

237

252

273

Electrical

138

176

179

Mechanical

130

155

171

Chemical

98

112

108

MEMS

50

86

72

Civil

49

85

60

Aerospace

33

58

54

Engineering Physics

19

38

44

Energy

11

20

25

Chemistry

20

19

7

Others

155

194

111

Q:   Where are IIT Bombay alumni placed?

A:

Engineering sector has placed most no. of IIT Bombay alumni. The sector-wise IIT Bombay alumni placement statistics are presented below:

Note:  The “Others” category includes the sectors of Arts and Design, Consulting, Finance, Product Management, Marketing, Sales, Media and Communication, Entrepreneurship and Administrative. The above-mentioned alumni data is gathered from online sources and hence may vary.

Placement Reviews

Overall Placement Rating (Out of 5)

4.6

Based on 346 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 484 published reviews, 346 reviews are verified.
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Anonymous | M.Tech. in Energy Systems Engineering - Batch of 2025
Reviewed on 6 Nov 2023
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Come to IITB to excel in your knowledge and life .

Placements: Almost 100% students got placed. With the highest being around 30 LPA the lowest was around 10 LPA and 14th LPA was the average. Most of the consultancy companies where the high paying one to recruit plus IT companies and few core companies like Reliance Energy and all. Being M.Teach internships are not offered.

Infrastructure: IIT Bombay generally offers modern facilities including fast Wi-Fi modern and well-equipped labs Air conditioned classrooms with proper step seating and projectors and library is the bes...

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A
Ayush Beniwal | B.Tech. in Engineering Physics - Batch of 2027
Reviewed on 4 Nov 2023
Verified
4.8
Placements 5 Infrastructure 4 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
IIT-Bombay : A dream of many.

Placements: If I talk about placements, this is the thing IIT's are know for. At IIT-B there is a placement cell which is one of the best in the country. After getting into IIT's you should not worry about placements. At IIT-B 7th sem students are eligible for placements. This year almost 1900 job offers were made by the 350 companies. 300 students also received PPO's. Almost 83% students were placed. If I talk about my course most of the students get foreign internship as EP is research oriented branch and...

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Anonymous | B.Tech. in Chemical Engineering - Batch of 2027
Reviewed on 22 Oct 2023
Verified
4.8
Placements 5 Infrastructure 5 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 5
One of the best decision that I took ever.

Placements: Placements are decent in IIT Bombay. Last year the highest package was 3.67 Crores per annum by Janes street company. Average package was about 21 Lacs. Almost 100 percent of students got placed who have applied for it. From Chemical engineering, about 75 percent students get internships in different companies like brain and company, Dr Reddy etc. Top roles offered are Food inspector, Senior engineer at Petroleum extraction unit, etc.

Infrastructure: Infrastructure of the college is very nice. The classes are we...

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Anonymous | B.Tech. in Chemical Engineering - Batch of 2027
Reviewed on 19 Oct 2023
Verified
4.4
Placements 4 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 5
Overall, IIT Bombay is great!

Placements: Placements are definitely something to be looked at. Placements here are great and have been experiencing largely unaffected growth in packages. The highest package offered in the institute is a whopping INR 1.5 crore+, and the average goes up to INR 21 lacs per annum, which is a great number. As far as chemical engineering is concerned, the average package goes around INR 18–19 lacs per annum.

Infrastructure: Hostels here are great to live in. The hostel experience is really memorable for any student. All hoste...

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Anonymous | B.Tech. in Metallurgical Engineering and Materials Science - Batch of 2027
Reviewed on 13 Oct 2023
Verified
4.4
Placements 5 Infrastructure 3 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 5
Good environment and life at campus.

Placements: About 8-10% of first year students are placed in MEMS. Packages average around 20 lac per annum. The highest package for last year was 3.67 crore. Top companies hiring include tata steel, and a lot of IT companies also recruit. About 70% of students get internship from this course.

Infrastructure: The classrooms are air conditioned, and have good lighting and Wi-Fi. Libraries are also available for self study and issuing books on various topics. A separate building for the department is also alloted. The food i...

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Anonymous | B.S. in Chemistry - Batch of 2027
Reviewed on 3 Oct 2023
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Really Good Infracture, facilities and placements also.

Placements: Aprox 88 percent students were placed last year ( 2022-23) the highest package is 56 LPA and average package is 18 Lacs per annum. Most of students got internships in non core companies and IT companies like healthify me. And core companies are drreddy.

Infrastructure: Facilities and infracture are excellent. Are also good. Wi-Fi speed is also good both in classroom and hostel. Library has all the facilities required for student. Almost all types of sports facilities are available. The is a hospital inside campu...

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A
Ayush kumar singh | B.Tech. in Civil Engineering - Batch of 2026
Reviewed on 1 Oct 2023
Verified
4.2
Placements 5 Infrastructure 3 Faculty & Course Curriculum 5 Crowd & Campus Life 3 Value for Money 5
Life at IIT BOMBAY (dream of every aspirant).

Placements: A lot of on campus internships are given here in 3rd year as well as 2nd year internships are also given. The placements here are superb, it has the best return of investment in the whole country having the best placement cell and a large groups of companies on board.

Infrastructure: Instructor for the course is very good and the cousre here is a mix of all the subjects and not only focuses on the core subjects. However, when it comes to the hostel, seniors hostel here are not in decent quality, freshers hostel...

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Harsh Bhanvarasiya | B.Tech. in Energy Engineering - Batch of 2026
Reviewed on 22 Sep 2023
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Experience and review of My Tenure - IIT Bombay.

Placements: The placements are really good with the highest package of 3.67 crores CTC and the average package for non tech branches is 18 LPA and for tech field is around 30 LPA. You get internships too during your years from college and it is easy comparable to other colleges to get off campus internships and placements.

Infrastructure: Hostels are good, just the rooms are small and the toilets are less than the expected ones. Mess and the other facilities are really good in my point of view. There is no ragging and seni...

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Write here...

Answered 2 weeks ago

Yes, IIT Bombay is well-regarded for its MBA program. The Shailesh J. Mehta School of Management (SJMSOM) at IIT Bombay offers a comprehensive and highly esteemed Master of Management program. Known for its rigorous academic curriculum, distinguished faculty, and strong industry connections, SJMSOM

...more

M

Mallika Ahuja

Answered 6 days ago

Yes,  

IIT Bombay offers 2 MBA courses through the  Shailesh J. Mehta School of Management (SJMSOM).Candidates for admission to the Management programme must have a valid CAT score. It is also critical that the candidate meets the qualifying requirements. Furthermore, the ultimate seat allocation is

...more

M

Manisha Jethwani

Answered a week ago

Below is the IIT Bombay eligibility criteria for MDes Mobility and Vehicle Design course:

  • Candidates need to pass four-year bachelor's degree in Design/ Engineering/ Architecture/ Interior Design (BPlan considered equivalent to BArch and four-year BSc Engineering course after HSC considered equivalen

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N

Nishtha Shukla

Answered a week ago

Here are the major highlights of IIT Delhi and IIT Bombay that can give an overview of both the colleges in terms of key aspects/

 IIT DelhiIIT Bombay
Established Year19611958
Total Courses 18 Courses30 Courses
NIRF Ranking 2022 (Engineering)23
NIRF Ranking 2022 (Overall)43
Fee Structure (1st year)

B.Tech: INR 2.55 Lakh

M.Tech: INR 55k

B.Tech + M.Tech:  INR 2.55 Lakh

B.Tech: INR 2.29 Lakh

M.Tech: INR 59k

B.Tech + M.Tech: INR 2.30 Lakh

Eligibility

10+2 with 75% + JEE Advanced

10+2 with 75% + JEE

Placements (2023)

the highest International Package: INR 2.5 crore
Average Package: INR 17.60 LPA

 

the highest international package: INR 3.67 crore Average Package: INR 21.82 LPA

 

Facilities Library, Cafeteria, Hostel, Sports Complex, Gym, Hospital / Medical Facilities, Wi-Fi Campus, Auditorium, A/C Classrooms, LabsLibrary, Cafeteria, Hostel, Sports Complex, Gym, Hospital / Medical Facilities, Wi-Fi Campus, Auditorium, Music Room, A/C Classrooms, Convenience Store, Labs

 

5251129
Vinty Tanwar

Answered 2 weeks ago

IIT Bombay is undoubtedly a premier educational institution known for its exceptional quality of education and outstanding placements. The placement cell is renowned, securing almost 1900 job offers from 350 companies, with 83% of students successfully placed. The infrastructure, is well-maintained,

...more

5251129
Vinty Tanwar

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