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
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.
Placements Stats for All Degrees
Contact Details of Indian Institute of Technology, Mumbai
Address:IIT Bombay, Powai, Mumbai , Maharashtra, India 400076