Likhith · September 17, 2025 
Introduction
IIT Bombay has once again solidified its position as India’s premier engineering institute, concluding its 2023-2024 placement season with remarkable success that demonstrates the institution’s continued excellence in career development and industry partnerships. The official placement report reveals impressive achievements including an outstanding average salary of ₹23.50 LPA and a total of 1,475 students successfully placed across diverse sectors.
This exceptional performance significantly contributed to IIT Bombay being ranked #3 in Engineering in the prestigious NIRF 2025 Rankings, reinforcing its status among India’s top technical institutions. IIT Bombay placements 2025 data showcases the institute’s ability to consistently attract leading employers and secure premium career opportunities for graduating students.
IIT Bombay Placement Highlights 2023-2024
The report underscores why IIT Bombay remains a top choice for recruiters. With a strong participation rate, the institute facilitated over 1,600 job offers from 364 prestigious companies.
| Registered Students | 2,414 |
| Actively Participated Students | 1,979 |
| Accepted Job Offers | 1,475 |
| Participating Companies | 364 |
| Total Job Offers | 1,650 |
| Job Offers Above ₹1 Crore | 22 |
| Pre-Placement Offers Accepted | 258 |
| International Offers Accepted | 78 |
| Average Annual CTC Salary | ₹23.50 LPA |
| Median Salary | ₹17.92 LPA |
Program-wise Placement Statistics
The placement success at IIT Bombay spans diverse academic programs, with M.S. (Research) and B.Tech students achieving high placement rates.
| Program | Registered | Participated | Placed | Placement % |
|---|---|---|---|---|
| B.Tech | 930 | 819 | 683 | 83.39% |
| M.Tech | 564 | 497 | 415 | 83.5% |
| M.S. (Research) | 23 | 15 | 14 | 93.33% |
| Dual Degree | 216 | 192 | 152 | 79.16% |
| M.Sc. (2 years) | 228 | 158 | 87 | 55.06% |
| B.S. (4 years) | 69 | 60 | 39 | 65.0% |
| B.Des | 26 | 17 | 9 | 52.94% |
For detailed program-wise placement data, refer the official placement report.
Sector-Wise Placement Distribution
The Engineering & Technology sector led the recruitment drive, followed by IT/Software, showcasing high demand for core technical skills.
| Sector | Number of Selections | Number of Companies |
|---|---|---|
| Engineering & Technology | 430 | 106 |
| IT / Software | 307 | 84 |
| Consulting | 117 | 29 |
| Finance | 113 | 33 |
| Research & Development | 97 | 36 |
| Design | 33 | 17 |
| Education | 30 | 11 |
| Public Sector Undertaking | 6 | 2 |
| Others | 349 | 79 |
Salary-wise Placement Details
A significant number of offers were in the high-income bracket, with 558 offers exceeding ₹20 LPA, highlighting lucrative opportunities for graduates.
| Salary Range (₹ LPA) | Number of Offers |
|---|---|
| Above 20 | 558 |
| 16.75 to 20 | 230 |
| 14 to 16.75 | 227 |
| 12 to 14 | 93 |
| 10 to 12 | 161 |
| 8 to 10 | 128 |
| 6 to 8 | 68 |
| 4 to 6 | 10 |
International Placement Offers
IIT Bombay continues to attract global companies, with 78 international offers made during the season. Opportunities spanned across Japan, Taiwan, Europe, the UAE, Singapore, the USA, the Netherlands, and Hong Kong.
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Frequently Asked Questions (FAQs)
Q1. How many companies participated in the latest IIT Bombay placements report? In the 2023-2024 report, 364 companies participated, making 1,650 job offers.
Q2. What was the average salary package in the 2023-2024 season? The average annual CTC was ₹23.50 LPA, with a median salary of ₹17.92 LPA.
Q3. How many students were placed in the 2023-2024 academic year? A total of 1,475 students accepted job offers during this season.
Q4. How many international job offers were made? 78 international offers were accepted as per the latest official data.
Q5. How many international offers were made? A. There were 78 international offers accepted by students from companies in Japan, the USA, Singapore, and Europe, among other locations.
Q6. How many students got jobs with salaries over ₹1 Crore? A. A total of 22 students accepted job offers with packages exceeding ₹1 Crore per annum.
Q7. Which sectors hired the most from IIT Bombay? A. The Engineering & Technology sector made the most hires (430), followed closely by the IT/Software sector (307).
Conclusion
IIT Bombay’s 2023-2024 placement data highlights the institute’s sustained excellence and its strong connection with global industries. While we await the next report, this analysis confirms that its graduates are among the most sought-after professionals in the world.
For personalized career guidance and backup plans, Career Plan B offers expert support to ensure your path to success.
To know how IIT Bombay performed this year, visit our dedicated article on the NIRF 2025 ranking of IIT Bombay Guide.
