Tag: iit bombay placement
IIT Bombay records dip in placement rate, average salaries jump over 10%: Why PhD programme saw low offers this time? | Mint
Indian Institute of Technology (IIT) Bombay, in its annual report, said that nearly 70% of students who took part in the 2024–25 campus placement process received job offers through recruitment drives. This is reportedly lower than the previous year’s placement rate of 75%. However, the institute reported an increase in salary packages, with the average annual pay rising to ₹26.45 lakh and the median salary reaching ₹20 lakh. It further noted that both figures have grown by more than 10% compared to last year, indicating stronger compensation trends despite global uncertainty in the job market. It also stated that both ... Read more
IIT Bombay 2024 placement season underwhelms, 36% graduates yet to receive jobs
The placement season at the Indian Institute of Technology (IIT)-Bombay remained lackluster this year amid an economic slowdown. According to a report by the Hindustan Times, 712 of around 2,000 students registered for the 2024 placements in IIT-Bombay-about 36% graduates – are yet to secure jobs. The placement season at India’s one of the premium institutes began in December and post-February. The job season will end in May. IIT students worried as job offers decline by 30% this year: Report IIT- Bombay alumnus and founder of Global IIT Alumni Support Group Dheeraj Singh said that 35.8% of students remained without ... Read more