IIT Bombay Placements 2025: Average Salary
IIT Bombay's placement report shows a 10% increase in average salary to Rs. 26.45 Lakh. The hiring rate dipped to 70% amid the global slowdown. Check the latest updates on IIT Bombay placements.
IIT Bombay has released its placement season report, and it shows a decrease in the overall hiring rate to 70%. However, the average annual salary has improved slightly by over 10% to reach Rs. 26.45 Lakh.
IIT Bombay Placement Report: Overview
| Authority / Board | Indian Institute of Technology, Bombay |
|---|---|
| Vacancy/Post Name | Various |
| Advt No. / Cycle | 2024-25 |
| Selection Process | Campus Placement |
| Official Website | iitb.ac.in |
Important Dates & Schedule
| Event | Date |
|---|---|
| Placement Season | 2024-25 |
| Placement Report Release | Released |
Eligibility
Criteria & Vacancy Details
- The placement process is open to all students who have completed their degree from IIT Bombay.
- The average annual Cost to Company (CTC) rose by 10%, jumping from last year’s figures to Rs. 26.45 lakh per annum.
- The median salary also saw an increase, reaching Rs. 20 Lakhs.
Sector-Wise Top Recruiters and Highlights
The engineering and technology sector of the IIT Bombay remained the primary driver of recruitment, contributing 429 offers. It was followed closely by the IT and software coding sector with 316 offers.
Frequently Asked Questions
Q: What is the average salary for IIT Bombay placements?
A: The average annual salary for IIT Bombay placements is Rs. 26.45 Lakh.
Q: What is the hiring rate for IIT Bombay placements?
A: The hiring rate for IIT Bombay placements is 70%.
Q: Which sector contributed the most to IIT Bombay placements?
A: The engineering and technology sector contributed the most to IIT Bombay placements, with 429 offers.
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