Tag: IIT Bombay salary package

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 announced on Tuesday that nearly 75 per cent of its students secured jobs during the campus placement season for the 2023-24 academic year, Hindustan Times reported. According to the recently released placement report, 2,414 students registered for the placement drive, an 11 per cent increase over the previous year. This year, the institute achieved its second-highest placement figure in history, with 1,475 students securing positions, just below the record of 1,516 placements set in 2022-23. While the Indian Institutes of Technology (IITs) often boast impressive placement statistics, a recent analysis paints a more concerning picture. Contrary to the ... Read more