IIT Mumbai Placements 2017

Mumbai (Maharashtra)   Estd : 1958 Approved by : AICTE Type : Government

IIT Bombay Placements 2017

 Indian Institute of Technology, Bombay (IIT-Bombay) completed its first phase of placement process on December 1, 2017. High salary packages were rolled out for students compared to previous years. The placement increased by roughly 10%. A total of 300 students have secured jobs out of a total of 1600 students who had registered for IIT Bombay placements.

 Highlights of the placement drive:

  • Tech giant, Microsoft, offered the highest package at IIT Bombay so far with an annual salary of Rs. 1.39 crore.

  • Uber also offered lucrative packages with highest at Rs. 99.87 lakh per annum.

  • A total number of 250 companies have registered for the first phase of campus placements.

  • Blackstone offered the highest package worth Rs. 45 lakh per annum.

 

International packages also increased by 20% this placement season. 47 students from IIT Bombay were offered international posts within the first three days of the placement drive. Also, 60 students of the institute bagged offers from offshore companies. The number of Japanese firms participating in IIT Bombay placements has also increased. This year 15 Japanese companies are expected to participate including Murata, Yahoo Japan and NEC Japan.

Top Recruiters at IIT Bombay Placements 2017:

Name of the Company

Number of Offers

Goldman Sachs

8

Boston Consulting Group

7

Texas Instruments Inc.

5

Morgan Stanley

Not Available

Deutsche Bank

Not Available

Procter & Gamble

Not Available

Millennium

Not Available

ITC Group

Not Available

 

Start-ups also offered attractive placement offers to the students. Students from IIT Bombay over 1,600 students from various postgraduate and undergraduate courses participated in the on-campus recruitment process.

Five companies were expected to offer job profile in the US (United States). Uber and Microsoft were lined up to offer attractive packages. Apart from firms from the US, 15 Japanese companies will also visit IIT Bombay during the first phase placement process. A few companies from Europe and Singapore are also expected.

Pre-Placement Offers at IIT Bombay 2017

IIT Bombay placement successfully in which IT (Information Technology) sector made the highest number of PPOs (Pre-Placement Offers) to students. 137 companies made PPOs to students at the end of the summer internship. 37 offers were rolled out by IT sector firms. Secondly, companies from engineering and technology sector made 32 offers. IT and engineering & technology sectors stood as top recruiters at IIT Bombay this year.

Major Highlights: -

  • There has been a slight increase in the number of pre-placement offers and IIT Bombay is expecting good placement season this year.

  • IT, engineering and technology sectors have emerged as top recruiters for the second consecutive year.

  • Apart from these two sectors, finance companies made 29 offers.

  • A total number of 10 offers have been made in data analytics sector.

  • Consulting firms rolled out eight offers at IIT Bombay.

  • In 2016, students of IIT Bombay received only 119 PPOs.

  • In 2017, students of IIT Bombay received 137 PPOs, which is a significant increase.

  • This year, IIT Bombay is expecting fewer offers from the strategic and manufacturing sector.

  • The placement season at IIT Bombay will begin from December 1, 2017.

  • Artificial Intelligence and Data Analytics are the most sought-after domains this year. Students with expertise in these two fields will get excellent placement offers with attractive packages.

Top Recruiting Companies

Contact Details of Indian Institute of Technology, Mumbai

  • Contact No:
    +91-22-25722545
  • Email ID:
    nandk@chem.iitb.ac.in
  • Website:
    http://www.iitb.ac.in/
  • Address:
    IIT Bombay, Powai, Mumbai , Maharashtra, India 400076

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