IIT-Bombay Graduate Sets New Record With International Job Offer Worth ₹3.7 Crore

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?