IIT-Bombay Graduate Sets New Record With International Job Offer Worth ₹3.7 Crore
2,174 students were registered for the campus placement period from July 2022 to June 2023 and 1,845 of them actively participated in the placements, the highest number ever.
Mumbai: In its recently concluded annual placement drive, the Indian Institute of Technology, Bombay (IIT-Bombay) secured the institute’s highest ever international job offer worth ₹ 3.7 crore per annum. In an official release, IIT-Bombay also said that one student was placed within the country on a package of ₹ 1.7 crore. This represents a substantial increase over last year’s international offer of ₹2.1 crore, while the domestic offer for the previous year was slightly higher at ₹1.8 crore annually.
IIT-Bombay has not released the names of the students who have received these offers.
Sixteen job offers with an annual salary of more than ₹ 1 crore were accepted by IIT-Bombay students. According to the release on placements 2022-23, they also accepted 194 out of 300 pre-placement offers.
2,174 students were registered for the campus placement period from July 2022 to June 2023 and 1,845 of them actively participated in the placements, the highest number ever.
IIT-Bombay Placement Report 2022-2023
| Particulars | Package Offered |
| Students registered for placements | 2174 |
| Students participated in placements | 1845 |
| Number of Companies Participated | 384 |
| Total Number of Companies Making Job Offers | 324 |
| Total Number of Job Offers | 1898 |
| Number of Accepted Offers | 1516 |
| Number of Pre-Placement Offers | 300 |
| Pre-Placement Offers accepted | 194 |
| Job Offers above Rs. 1 crore accepted | 16 |
| International Job Offers accepted | 65 |
| Highest International Salary | Rs. 3.67 Crore |
| Highest Domestic Salary (C.T.C.) | Rs. 1.68 crore |
| Average Salary Package of Selected Students | Rs. 21.82 Lakhs per annum |
| Top Recruiting Sector | Engineering & Technology |
Companies from the US, Japan, UK, Netherlands, Hong Kong and Taiwan made 65 job offers to IIT-Bombay students.
Some of the companies recruiting are Accenture Solutions, Airbus India, Microsoft India, Morgan Stanley, McKinsey, Procter & Gamble, Qualcomm, Shell India, Texas Instruments and Tata Steel.
Also Read: Why are Indian Institute of Technology Delhi and IIT Bombay Revamping Their Curriculum?
