IIT Mumbai Placements 2018-19

Mumbai (Maharashtra) Estd : 1958 Approved by : AICTE Type : Government
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2017
  • Average Package INR 13.4 Lacs
  • Highest Domestic Package N/A
  • Highest International Package N/A
  • Lowest Domestic Package N/A
  • Companies Visiting 255
  • Total Offers N/A
  • Percentage of Student Placed N/A
2016
  • Average Package INR 8 Lacs
  • Highest Domestic Package N/A
  • Highest International Package N/A
  • Lowest Domestic Package INR 5 Lacs
  • Companies Visiting 308
  • Total Offers 1143
  • Percentage of Student Placed N/A

IIT Bombay has an excellent placement record, and all students enrolled in various courses can secure employment in top companies with lucrative salary packages. Through placements, IIT Bombay offers ROI (Return of Investment) to candidates. The salary package offered by various companies is more than the education expenses incurred by candidates for various courses. Top companies such as Microsoft, Google, Amazon, Infosys, etc. visit the campus of IIT Bombay to recruit students.

Apart from domestic recruiters, various international companies also visit the campus of IIT Bombay to hire students. The graduates of IIT Bombay have more demand for job employment, and top companies prefer these students by offering attractive jobs and salary package.

Usually, the placement process at IIT Bombay begins in December every year. The first phase placements of IIT Bombay takes place in December, followed by the second phase in January. Almost 60-70% of students secure jobs in the first phase placements. Students who secure jobs in the first phase can also participate in the second phase for better jobs and salary package.

IIT Bombay students secure multiple offers from various companies so that they can choose the best offer. IIT Bombay's placement record over the years has been impressive.

2018

IIT Bombay Placements 2018-19 Highlights

IIT Bombay Phase 1 placements 2018-19 is nearing its completion. Until December 19, 2018, 1,270 jobs were offered by various companies out of which students accepted 1,122 offers. A total number of 89 international offers were made to IIT Bombay students in the first phase placements 2018-19. Compared to the previous year, there has been a significant rise in the number of international offers. Popular companies from South Korea, Taiwan, Singapore, Netherlands and Japan made international offers to IIT Bombay students this year.

This year, the average salary offered was Rs. 17.75 lakh which is highest than the last year. So far, 70% of IIT Bombay students secured jobs in the Phase 1 placements. 

Microsoft offered the highest salary package of Rs. 1.5 crore per annum at IIT Bombay this year. Samsung emerged as the other top recruiter with 27 offers. As far as sector-wise placements concerned, engineering and technology emerged as the top recruiter at IIT Bombay placements 2018-19. IT/ software sectors are other major recruiters that offered an average salary package of Rs. 21 lakh per annum. 

Apart from the above, three PSUs recruited 13 students this year. More companies are expected to take part in the second phase placements of IIT Bombay. 

IIT Bombay Phase 1 Placements 2018-19 Commences on a Grand Note

Placements at IIT Bombay for the academic session 2018-19 have commenced on a grand note. The Phase 1 placements, which began on December 01, 2018, witnessed the participation of reputed companies across the globe. One of the major highlights of IIT Bombay Phase 1(Day 1) placements was the job offer made by Microsoft, and the annual package offered was Rs.1.14 crore. So far, this is the highest package offered by any company at IITs this year. 

On Day 1of IIT Bombay placements, 21 companies visited the campus to hire students. As far as domestic roles concerned, the highest number of offers were made by Microsoft, Qualcomm, BCG, and Strategy &Carin. 

The first slot of IIT Bombay placements on December 01, 2018, witnessed the participation of several international firms. The highest number of international offers were made by the following companies-

  • NEC Japan
  • Optiver
  • Microsoft
  • Uber
  • Cohesity
  • Rubrik

Among the above, NEC Japan dominated the placements with annual pay of 458,300 Yen (Rs.28 lakh). Among the domestic firms, Blackstone made the highest offer of Rs. 45 lakh per annum. Worldquant was one of the top recruiters that offered an annual salary of Rs.42.87 lakh per annum. 

Compared to the previous year, the number of companies that offered a salary of Rs.25 lakh or above is higher this year. More details about IIT Bombay placements 2018-19 will be updated here. Stay tuned. 

2017

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.

2017 - Internship

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.

2016

IIT Bombay Placements 2016-17

IIT Bombay successfully completed its placement season for the academic session 2016-17 on June 30, 2017. According to the placement statistics of IIT Bombay companies recruited students across all profiles including software, analytics, consulting, research & development, core engineering and others. A total of 1,114 jobs were offered. The placement season data clearly indicates the demand of IIT Bombay graduates among the top recruiters in various segments of the economy.

Total 305 students took part in the IIT-B placements. The average salary offered to students stood at Rs. 11.41 lakhs per annum. The initial placement phase was highly dominated by industry leaders from sectors like FMCG, banking, finance, management consulting, data analytics, computer software & hardware and engineering & manufacturing.

Overview of IIT Bombay Placements 2016-17: -

Name of the Company

Number of Jobs Offered

Schlumberger Asia (International Recruiter)

07

NEC Japan (International Recruiter)

06

Murata Group Japan (International Recruiter)

07

Qualcomm

13

Tata Steel

09

Texas Instruments

11

Samsung R&D

26

Procter & Gamble

06

ONGC (PSU)

08

Microsoft

19

Intel

28

Goldman Sachs

15

Google

05

Boston Consulting Group

04

Bain & Company

04

Airbus Group

06

 A total of 118 R&D jobs were offered by about 32 organisations. Thus Companies, are striving to create high-end services and products for which they require professionals with a good technological acumen. The 2016-17 placement season also witnessed 67 international offers from various companies and 59 pre-placement offers (PPOs) that were accepted by the students.

 Internships have played a significant role during the placements 2016-17. About 650 organisations offered a total of 1,107 internship opportunities which consisted of international organisations that showed a keen interest in IIT Bombay students.

 The placement season for the current academic session of 2017-18 has also begun in July 2017. IIT Bombay has been trying its best to invite more companies for campus drives.110 students have bagged PPOs. Officially, the first phase of campus recruitment for this batch will begin from December 1, 2017.

 

Top Recruiting Companies

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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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