Approximately 70% of graduating students participating in the placements process for the 2024-25 academic year at the Indian Institute of Technology Bombay (IIT Bombay) have received job offers through campus placement. Although this figure represents a decline from the institute’s placement rate of 75% last year, the average annual salary has risen to ₹26.45 lakh, while the median salary has reached ₹20 lakh.
IIT Bombay reported that both these figures have increased by over 10% compared to the previous year, signalling positive salary trends despite global uncertainties in the hiring market.
The institute also noted that several graduating students opted for alternative career paths, such as entrepreneurship, higher studies, or postdoctoral research, rather than pursuing campus placements. The report states, “It is important to note that not all registered students participated in the placement process; some may have chosen alternative avenues such as entrepreneurship or higher studies. The lower placement figures for the PhD program may be attributed to the fact that students typically opt for other opportunities, such as postdoctoral fellowships.”
Placements Process was Conducted Between July 2024 and June 2025
The placement process was conducted between July 2024 and June 2025. It saw the participation of 417 companies across sectors, including engineering, information technology, consulting, finance, research and development, and emerging technologies. Out of the 2,469 students who registered for placements, 2,040 participated in the two phases of the process. According to the 2024-25 placement report, which forms part of the institute’s annual report, 1,422 students secured jobs through this process.
According to the report, the Engineering and Technology sector emerged as the largest recruiter, extending 429 offers, followed by IT Software and Coding, which made 316 offers. Consulting firms extended 126 offers, while the Data Analytics and Finance sectors made 114 and 112 offers, respectively.
Highlighting strong international hiring trends, the report noted that 65 international offers were accepted from firms located in Japan, Taiwan, Europe, the Middle East, Southeast Asia, and the United States. Furthermore, multinational corporations operating in India extended 840 offers, while Indian firms secured 517 placements.
Across academic programs, BTech students recorded the highest placement figures. Out of the 829 BTech students who participated, 678 secured placements, resulting in a placement rate of 81.79 percent. Dual Degree (BTech + MTech) students recorded a placement rate of 79.9 percent, while MTech students achieved a rate of 72.24 percent.
Placement performance varied across different departments, with Computer Science and Engineering emerging as one of the strongest performers; out of 277 participating students, 258 secured placements. This was followed by Electrical Engineering, which saw 244 placements, while Mechanical Engineering recorded 213 placements. Civil Engineering and Chemical Engineering recorded 133 and 98 placements, respectively.
Among PhD students, the number of students seeking placements rose from 118 last year to 150 active participants. Meanwhile, the number of placements has declined from 32 to 28 offers, despite a marginal increase in the average salary, which rose from ₹18.46 Lakhs Per Annum (LPA) to ₹19.64 Lakhs Per Annum (LPA). The report states, “Graduating PhD students often seek other opportunities, such as postdoctoral fellowships and start-ups.”
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