IIT Bombay Average Package 2025 - Course-Wise Average Package and Similar Institutions

Indian Institute of Technology Bombay placement 2025 report has not been published yet. However, as per the 2024 placement drive, the overall average package was INR 23.5 LPA. MBA, MTech and MS by research secured the highest placement rate, while PhD scholars secured the lowest placement rate.  The IIT Bombay MBA average package in 2024 was INR 25.82 LPA, the highest among all the programmes. Among the BTech specialisations, the IIT Bombay BTech CSE average package was INR 32 LPA, with strong demand from tech, product, and analytics recruiters, while the MTech CSE average package was INR 22 LPA. Most MTech CSE recruiters hired for roles in software, systems, AI/ML, and R&D.

• Amongst all the IIT Bombay courses, MBA secured 100% placement rate
• Across courses, the IIT Bombay Environmental Engineering average package ranged from INR 14 LPA to INR 16 LPA in the 2024 placement drive.
• Among the undergraduate courses, both the BTech and BTech+MTech dual-degree average package and placement rate were pretty solid. However, the BDes average package was among the lowest, securing INR 16 LPA.

Source: Data sourced from the official IITB placement brochure

Indian Institute of Technology Bombay average package, since 2021, has increased impressively. Over this period, the average salary increased from INR 17.9 LPA in 2021 to INR 23.5 LPA in 2024, marking a clear long-term growth trend despite market fluctuations in individual years. This indicates stronger recruiter participation, higher-value roles, and growing demand for IIT Bombay graduates across technology, consulting, and core engineering sectors.

• From 2021 to 2024, IIT Bombay average package recorded a strong overall growth of about 31.3%.
• Compared to 2021, the average package of IIT Mumbai in 2023 increased by 21.9%.
• IIT Bombay placement in 2024 recorded the highest average package so far.

Indian Institute of Technology Bombay average package, in comparison to its peer institutions, highlights the strong and consistent placement performance. With an average package of INR 23.5 LPA, IIT Bombay continues to remain among the top recruiters’ preferred campuses in India. While IIT Mumbai, when it comes to placement, is considered one of the top-tier institutions, IIIT Hyderabad secured a higher average package in the recent placement drive.

• IIIT Hyderabad placement in 2025 secured the highest average package of INR 33.96 LPA.
• IIT Delhi average package in 2024 was almost on par with that of the IIT Powai. 
• Amongst the top-tier private technical institutions, only the BITS Pilani average package in 2024 was in the band of that of IIT Bombay, securing INR 19.7 LPA.
• Considering the IIT Bombay fees, the placement drive of the Indian Institute of Technology Bombay delivers a high ROI.

Source: The placement data of all the mentioned institutes has been taken from the respective official sites.