Written By Mentor
Last Modified 27-09-2023

IIT Bombay Placements Report 2022: Check Details

IIT Placements: IIT, Bombay has completed session 1 of the 2022 placement drive on December 18, 2021. This batch received 1723 placement offers, including 45 international offers from different countries. These international offers were made from countries like the USA, Japan, UAE, Singapore, Netherlands, Hong Kong & Taiwan. Until now, about 1388 selections have been secured and 315 recruiters took part in phase 1 of this process. However, there were about 248 pre-placement offers made of which 202 were accepted.

The year 2022 has seen the highest international package at over INR 2.1 CPA & the highest domestic package at over INR 1 CPA. On the whole, the number of international offers of over 1 CPA was 7 and the number of domestic offers of over 1 CPA was 5. The average salary stood at INR 25 LPA. Read on to find more!

IIT Bombay Placements 2022 Report

Below given table highlights the statistics of IIT Bombay Placements throughout the academic year 2021-2022:

Particulars	Placements Statistics (2021-22)
No. of Companies Participated	315
Total No. of Offers	1723
Total No. of Offers accepted	1382 (Phase-1)
No. of Students participated	–
No. of Students placed	1382
Percentage of Placements	–
No. of PPOs accepted	202
No. of International Offers	45
Highest CTC	INR 2.1 CPA
Average CTC	INR 25 LPA
Top Recruiting Sector	–
Top Recruiters	Uber, Ruberik, Millennium, Black Stone

The Sector-wise IIT Placements In Bombay 2022

This table represents the sector-wise average CTC of different sectors:

Sectors	Average Salary
Finance	INR 28.40 LPA
IT/Software	INR 27.05 LPA
Research & Development	INR 25.12 LPA
Engineering & Technology	INR 21.54 LPA
Consulting	INR 18.02 LPA

Company-wise IIT Bombay Placements 2022

This table represents the company-wise salary statistics of IIT Bombay:

Name of the Company	Salary Offered
Uber	INR 2.05 CPA
Ruberik	INR 90.55 LPA
Millennium	INR 62 LPA
WorldQuant	INR 51.71 LPA
Black Stone	INR 46.62 LPA

IIT Bombay Placements 2022 Salary Wise

Students received an average CTC of 17.91 LPA and the average gross salary stood at INR 13.67 LPA, whereas the median CTC was also INR 17.91 LPA. This table shows the detailed CTC break-up:

Gross Salary range (INR)	No. of Companies	No. of Offers
Between 0 to 5 LPA	4	16
Between 5 to 6.25 LPA	10	16
Between 6.25 to 7.75 LPA	29	77
Between 7.75 to 9.5 LPA	56	151
Between 9.5 to 11.5 LPA	40	155
Between 11.5 to 13.5 LPA	41	185
Between 13.5 to 16 LPA	50	151
Above 16 LPA	80	248

Sector-wise IIT Bombay Placements 2022

This table shows the sector-wise data of IIT Bombay Placements 2022:

Sectors	No. of Offers	No. of Companies
Engineering & Technology	314	73
IT/Software	267	71
Finance	154	33
Consulting	87	26
Research & Development	46	16
Education	32	9
Services	14	5
Public Sector Undertaking	10	2
Others	77	26

Number of offers came from the Engineering & Technology sector. Also, the highest number of recruiters were visited from this sector.

Department-wise IIT Placements at Bombay

This table represents the department-wise data of IIT Bombay Placements 2022:

Departments	No. of Offers
Aerospace	54
Chemical	89
Chemistry	10
Civil	98
Computer Science	199
Electrical	220
Mechanical	151
MEMS	90
Energy Science & Engineering	29
Earth Sciences	12
Physics	1
Applied Statistics & Informatics	23
Industrial Design Centre	69
Technology & Development	9
Biosciences & Bioengineering	5
Other Programs	91

Most offers were made to the from the Electrical department. About 220 Electrical students were placed, followed by 199 students from Computer Science during IIT Bombay Placements 2022.

IIT Bombay Placements 2022 Course-wise

This table represents the course-wise data of IIT Bombay Placements 2022:

Particulars	No. of Students registered	No. of Students participated	No. of Students placed	Percentage of Students placed
B.Tech	652	537`	468	87.15%
B.Tech + M.Tech	168	141	132	93.62%
M.Tech	669	566	406	71.73%
M.Sc	162	77	38	49.35%
M.Tech + Ph.D	10	5	4	80%
B.Des	18	14	12	85.71%
M.Des	63	55	48	87.27%
B.Des + M.Des	10	9	9	100%
B.S	42	26	20	76.92%
Ph.D	152	68	10	27.27%

Most students who were placed were from B.Tech courses. About 468 students got place, besides the integrated B.Des + M.Des students got placed by 100%.

IIT Bombay B.Tech Placements 2021

This table shows the IIT Bombay B.Tech Placements 2021:

Particulars	Placements Statistics
No. of Students registered	652
No. of Students participated	537
No. of Students placed	468
Percentage of Students placed	87.15%

During the IIT Bombay Placements 2021, there were about 652 students who registered themselves for the placement process and about 537 of them participated in the placement drive. Out of the 537, 468 students got placed i.e. ,87.15% of the students got placed.

IIT Bombay B.Tech Placements 2021 Sector-wise

This table represents the sector-wise data of IIT Bombay B.Tech Placements 2021:

Sectors	Percentage of Students
Services	26%
IT, Software	17%
Engineering	16%
Finance	15%
Consulting	11%
Education	4%
Research & Development	3%
Public Sector Undertaking	1%
Others	7%

The highest number of students got placed in the Services sector.

IIT Bombay Placement Statistics

The Placement Drive at IIT Bombay is a year-long event that is divided into 2 phases. Below is the IIT Bombay placements comparison table for 2019, 2020 with 2021:

Particulars	2018-19	2019-20	2020-21
Placement rate	84.47%	83.58%	76.21%
No. of companies registered	361	NA	261
Number of PPOs	131	113	149
Number of offers	1,186	1,209	1,261
Number of Accepted Offers	NA	1207	1150
International offers made	108	159	58
Average CTC	Rs 17.49 LPA	Rs 20.08 LPA	Rs 17.91 LPA

Year-wise placement comparison

It was a challenging situation for the IIT placements because of the pandemic, yet IIT Bombay maintained a good placement ratio by attracting the best global firms. This table represents the comparison of students placed over the last three years.

Program	2018-2019	2019-2020	2020-2021
B.Tech	475	492	468
Dual degree( B.Tech + M.tech)	151	133	132
M.tech	402	423	406
Others	158	159	144
Total	1186	1207	1150

Sector-wise statistics for different programs

B.Tech. and M.Tech. students maintained almost the same demand amongst companies of various sectors. Sectors like Education and Engineering & Technology expressed greater interest in the students of IIT Bombay than the previous year.
Sector-wise statistics for different programs are shown in the Table below :

Sector	B.Tech	Dual Degree	M.tech	Other programs	Total
Engineering/technology	76	32	178	28	314
IT/software	83	23	124	37	267
Services	122	12	4	23	163
Finance	72	29	27	26	154
Consulting	15	18	10	9	87
Education	18	1	7	6	32
Research and development	16	7	23	6	46
others	31	10	30	5	77
Public sector	5	0	3	2	10
Total	468	132	406	144	1150

IIT Bombay Summer Internship Placements 2022 Report

Particulars	Placements Statistics
Total No. of Internship Offers	940
No. of PPOs offered	177
No. of PPOs accepted	149

There were 940 offers made during the IIT Bombay Placements 2022. 177 pre-placement offers were also offered by the recruiters. The pre-placement offers totaled 149.

The highest number of students who got internships was from the Computer Science Engineering departments who got internships during the summer internship placement drive of 2022.

IIT Bombay Placements Top Recruiters

Courses	Top Recruiters
Aerospace Engineering	Honeywell, ISRO, Airbus, Gulfstream
Applied Graphics Earth Sciences	Vedanta, CitiusTech, Sysmex, Indigence
Center for Research in NanoTechnology & Science, Civil Engineering	Tata, L&T, Ramboll
Chemical Engineering, Chemistry	Piramal, Dr. Reddy’s, ITC, Hindustan Unilever
Applied Statistics & Informatics, Mathematics	Accenture, Citi Bank, EY, EXL
Computer Science Engineering	Google, Apple, IBM, Uber, Microsoft
Electrical Engineering	Texas Instruments, Samsung, NEC, Honda
Energy Science & Engineering	Mahindra, SUZLON, GSE
Engineering Physics	Analog Devices, BYJU’s, tsmc
Geoinformatics & Resources Engineering, Humanities & Social Sciences	Bloom energy, Sony, Qualcomm, Rakuten
Industrial Design Centre	Reliance, Google, IBM, Microsoft
Industrial Engineering & Operations Research, Metallurgical Engineering & Materials Science	P&G, NEC, JSW, muRata
Mechanical Engineering	Tata steel, Loreal Paris, DAIKIN, Jaguar
System & Control Engineering	Hitachi, Havels
Technology & Development	Micron, Delhivery, BDEING
Environmental Science & Engineering, Climate Studies	LT, EATOn

FAQ’s Regarding The IIT Bombay Placement

Q.1: Does IIT Bombay have 100% placement?

Ans. Yes, IIT Bombay provides 100% placement, but so do all the other IITs across India. IIT Bombay is considered one of the best in terms of placements.

Q.2: What was the average salary offered at the IIT Bombay placements 2021?

Ans. The average salary offered at the IIT Bombay 2021 was INR 17.91 LPA.

Q.3: What is the highest salary offered at the IIT Bombay placements 2022?

Ans. The highest salary offered at the IIT Bombay placements is INR 2.1 CPA.

Q.4: How many students got successfully placed at the IIT Bombay 2021?

Ans. About 1150 students were placed successfully at the IIT Bombay 2021.

Q.5: Which sector dominated at the IIT Bombay placements 2022?

Ans. The engineering and technology sector dominated the most at the IIT Bombay placement 2022.

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