IIT Bombay students get annual package of Rs 3.7 crore more than 82 percent placement

IIT students have received great salary packages this year too! After the completion of the annual placement drive of IIT Bombay, the institute has said that it has received the highest international job offer of Rs 3.7 crore per annum. NDTV quoted the official release. told It is noteworthy that a student of IIT Bombay has received a package of Rs 1.7 crore in the country itself. If we compare it with last year’s packages, the highest international offer was Rs 2.1 crore, while the domestic offer was Rs 1.8 crore per annum. That is, the highest international package is much higher than last year.

IIT Bombay has not disclosed the names of the students who have received these offers. The institute has also said that 16 of its students have accepted job offers with salaries above Rs 1 crore per annum. In the year 2022-23
300 pre-placement offers were received, of which 194 have been accepted.

The report says that 2174 students were registered in the campus placement period from July 2022 to June 2023. Out of them, 1845 students actively participated in the placements, which is the highest number till date.

It has been told that IIT-Bombay students received 65 job offers from abroad. These offers are related to offices in the US, Japan, UK, Netherlands, Hong Kong and Taiwan. The average package in the 2022-2023 placement season is Rs 21.82 lakh per annum, which is higher than the last two years.

Most placements have happened in the engineering and technology sector. This year fewer students have got jobs in the IT and software sectors. Still, 302 students have got job offers from more than 88 companies in the IT/software sector. This year, trading, finance and fintech companies have shown more strength. There was also high demand for jobs in product management, analytics, data science, mobility.

It has been reported that more than 82% of the students who actively participated in the placement drive got jobs. 90% of the students of B.Tech, dual-degree and M.Tech programs got jobs.