This article will focus on the IIT Bombay MTech Placements Record. IIT Bombay provides great placements for M.Tech professionals looking to grow their careers and acquire knowledge. 1516 of the 1898 job offers that recruiting firms made to students during the IIT Bombay Placements 2022 – 2023 and 2023 – 2024 were accepted.
Also learn: IIT Bombay GATE Cutoff 2025 Expected
IIT Bombay’s highest domestic package cost INR 1.68 crore annually, while its highest overseas package cost INR 3.67 crore (USD 2.87 lakh) annually. The following is a detailed description of the IIT Bombay placement procedure.
IIT Bombay MTech Placements Record: Highest Package, Average Package, Top Companies
The Indian Institute of Technology Bombay is one of the country’s most prestigious technical schools. The institute provides Master of Technology courses in a variety of engineering and technology specialities. IIT Bombay has good placement rates for all of its programs, including M.Tech. To help M.Tech students further their careers in their particular fields, the institute provides them with appealing employment possibilities.
A successful IIT Bombay Placement 2024 was completed, with an average yearly package of INR 23.5 LPA. The minimum wage at IIT Bombay dropped to INR 4 lakhs during the most recent placements. With 1,475 job offers accepted, 75% of students were able to find employment during this placement drive. Compared to previous year’s placement rate of 82%, this is a decrease.
Candidates can locate IIT Bombay M.Tech placements on this page, along with the number of job offers from firms, students placed, and the placement % in each branch.
IIT Bombay MTech placements process 2025
After few months, placement season is going to start, and the students will go through lots of process for many companies. This is the time when student should be very focused and clear on what role should they go for and for what company. Do shortlist few companies that you eagerly want to join. Be very confident on what you have mentioned in the resumes, and be confident with your core concepts.Â
IIT Bombay MTech Placements Records 2024: Overview
There was approximately 100 student batch in MTech Program across all domain. Out of which 50% of the students got pre placement offer, and the highest package that was offered was INR 54 LPA, and the average package that was rolled out is 28 LPA. The major sector companies that visited the campus was FMCG and Conglomerate.
Below are some of the main highlights from IIT Bombay MTech Placement 2024:
| Particulars | M.Tech Placements Statistics 2024 |
|---|---|
| Batch Size | approximately 100 |
| Percentage of PPOs | 50% |
| Highest Package in INR | 54 LPA |
| Average Package in INR | 28.88 LPA |
| Top 25% Average Package in INR | 40.80 LPA |
| Top 50% Average Package in INR | 34.58 LPA |
| Top 75% Average Package in INR | 31.41 LPA |
| Average Package (Female) in INR | 29.35 LPA |
| Median Package in INR | 26.64 LPA |
| Median Package (Female) in INR | 28.90 LPA |
| Lowest Package in INR | 20 LPA |
| Lowest Package (Female) in INR | 23.50 LPA |
| Major Sectors that visited | FMCG / FMCD, Conglomerate |
Also Know about: IIT Madras MTech Placements
IIT Bombay Placements Records 2024:Â Overall Highlights
Last year, overall the students including all degrees that registered for the placement was 2174, and the out of which 1800 approximately participated. There was around 350+ companies that visited the campus to recruit students across all domains. There was international as well as national offers also. The highest package offered to the student was approximately 3.67 Crore, this was an international offer, and the highest offer in India was around 1.68 Crore. The top students was from Engineering and Technology Domain. Below is the detailed highlight mentioned.
| Particulars | Package Offered |
|---|---|
| Students registered for placements for On Campus | 2174 |
| Students participated in placements in Campus | 1845 |
| Number of Companies Participated on Campus | 384 |
| Total Number of Companies Making Job Offers on Campus | 324 |
| Total Number of Job Offers on Campus | 1898 |
| Number of Accepted Offers on Campus | 1516 |
| Number of Pre-Placement Offers on Campus | 300 |
| Pre-Placement Offers accepted by Students on Campus | 194 |
| Job Offers above Rs. 1 crore accepted on Campus | 16 |
| International Job Offers accepted on Campus | 65 |
| Highest International Salary offered on Campus | Rs. 3.67 Crore |
| Highest Domestic Salary (C.T.C.) on Campus | Rs. 1.68 Crore |
| Average Salary Package of Selected Students | Rs. 21.82 Lakhs per annum |
| Top Recruiting Domain | Engineering & Technology |
IIT Bombay Placements Records Comparison for previous years
Below Section talks in detail about the overall comparison for the year 2022 and 2023, like the number of companies visited, the number of companies offered jobs, pre placements offers, and many more.
| Particulars | Placements Statistics 2023 | Placements Statistics 2022 |
|---|---|---|
| No. of Companies Participated | 384 | 332 |
| No. of Companies Making Job Offers | 324 | – |
| No. of Registered Students for placements | 2174 | – |
| No. of Students Who Actively Participated in Job offers | 1845 | – |
| No. of Job Offers rolled out | 1898 | 1878 |
| No. of Accepted Offers | 1516 | – |
| No. of Pre-Placement Offers to students | 300 | – |
| No. of Accepted Pre-Placement Offers | 194 | 201 |
| Placement Percentage | 82.16% | – |
| Highest International Package | INR 3.67 CPA | INR 60.9 LPA |
| Highest Domestic Package | INR 1.68 CPA | INR 1.8 CPA |
| Average Package | INR 21.82 LPA | INR 22.7 LPA |
| Top Recruiting Domain | Engineering & Technology | Engineering & Technology |
| Top Companies participated. | American Express, Boston Consulting Group, Honda Japan, McKinsey & Company, etc | Uber, Rubrik, Black Stone etc |
IIT Bombay Placements Records: Average Salary Offered
This section talks about the number of offers being rolled out for different salary brackets. Like there were total of 500+ offers that was being rolled out for more than 16 LPA Package, and approximately 250+ offers being rolled for the salary bracket of 13.5 LPA to 16 LPA. Details are mentioned in the below table.
| CTC Range offered to students | Number of Offers rolled out | Number of Companies visited campus |
|---|---|---|
| Above 16 LPA | 562 | 124 |
| INR 13.5 to 16 LPA | 284 | 71 |
| INR 11.5 to 13.5 LPA | 230 | 61 |
| INR 9.5 to 11.5 LPA | 172 | 47 |
| INR 7.75 to 9.5 LPA | 117 | 42 |
| INR 6.25 to 7.75 LPA | 54 | 24 |
| INR 5 to 6.25 LPA | 17 | 9 |
| INR 0 to 5 LPA | 5 | 3 |
IIT Bombay MTech Placements Records: Domain Wise
Below section shows the number of offers being rolled across each domain and for each degree. The most offers were made out for engineering domain, followed by the IT and Software Domain and many more.
| Domains | B.Tech | Dual Degree | M.Tech | Other Programs |
|---|---|---|---|---|
| Engineering & Technology | 129 | 58 | 213 | 58 |
| IT/Software | 156 | 32 | 95 | 19 |
| Consulting | 75 | 28 | 33 | 18 |
| Research & Development | 27 | 14 | 37 | 14 |
| Education | 5 | 1 | 21 | 54 |
| Analytics | 36 | 14 | 17 | 12 |
| Finance | 52 | 12 | 1 | 11 |
| Design | 1 | 3 | 4 | 25 |
| Data Science | 7 | 3 | 11 | 4 |
| Public Sector Undertaking | 4 | 2 | 4 | 4 |
| Services | 5 | – | 4 | – |
| Others | 91 | 20 | 37 | 26 |
IIT Bombay MTech Placements Records: Course Wise
Below section shows the number of offers being rolled across each courses and for each degree. The most offers were made out for engineering domain, followed by the IT and Software Domain and many more.
| Courses | B.Tech | Dual Degree | M.Tech | Other Programs |
|---|---|---|---|---|
| Engineering & Technology | 129 | 58 | 213 | 58 |
| IT/Software | 156 | 32 | 95 | 19 |
| Consulting | 75 | 28 | 33 | 18 |
| Research & Development | 27 | 14 | 37 | 14 |
| Education | 5 | 1 | 21 | 54 |
| Analytics | 36 | 14 | 17 | 12 |
| Finance | 52 | 12 | 1 | 11 |
| Design | 1 | 3 | 4 | 25 |
| Data Science | 7 | 3 | 11 | 4 |
| Public Sector Undertaking | 4 | 2 | 4 | 4 |
| Services | 5 | – | 4 | – |
| Others | 91 | 20 | 37 | 26 |
IIT Bombay Placements Records: Companies Wise
Below section shows the number of offers being rolled by different types of companies, like approximately 65 offers were made international and 750+ offers were rolled out within India.
| Company Type | No. of Students Placed |
|---|---|
| Placement Outside India (International Offers) | 65 |
| Placements in MNCs in India (Top Companies within India) | 790 |
| Placements in Indian Companies (Indian Companies) | 661 |
FAQs on IIT Bombay MTech Placement
Does IIT Bombay have a 100% placement rate?
Yes. Indeed, IIT Bombay has a higher placement rate. Nonetheless, a lot of students decide to pursue higher education or launch their own companies, which could affect the placement rate. In 2022, 2023, and last year, the institute’s placement rate at IIT Bombay was 89%.
Which industries at IIT Bombay hire the most people?
The 2023 and 2024 year IIT Bombay sector-by-sector placement statistics is still pending. However, IIT Bombay’s top recruiting sectors include Engineering & Technology, IT/Software, Finance, and Consulting, per data from the 2022, 2023 placement campaign.
How many IIT Bombay students are given a package of one crore?
As part of the first phase of the IIT Bombay placement 2022, and 2023, approximately 25 students won packages valued at over one crore per year from prominent companies such as Da Vinci Derivatives, Flow Traders, Quadeye, etc.
