IIT Bombay Placement 2020 – Indian Institute of Technology, Bombay has released its placement highlights for the batch of 2019-20. IIT Bombay has a history of recruiting students to the top corporate in the world. The highest package offered in the latest term’s placement session was INR 1.4 CPA while the average package was INR 14.11 LPA.
IIT Bombay, which was established in 1958 and had a total of 1186 job offers in 2019-20, out of which 108 were international opportunities and 131 Pre- Placement Offers. The top recruiters in Indian Institute of Technology, Bombay are Accenture, Infosys, 3M India Ltd., Google, Amazon, HSBC, Rediff, Qualcomm, Tata Steel, Wipro Technologies etc. Learn more about the IIT Bombay Placement from this article.
IIT Bombay Placement 2020 – Institute Highlights
|Name of the Institute||Indian Institute of Technology, Bombay|
|Year of Establishment||1958|
|Courses Offered||B.E. / B.Tech , M.E./M.Tech|
IIT Bombay Placement 2020 – Highlights
|Number of Companies||265|
|Number of Offers||1319|
|Highest Package||INR 62.28 LPA|
|Average Package||INR 20.34 LPA|
|Highest International Package||INR 1.16 CPA|
|Top Recruiting Company||Samsung|
|Top Recruiting Sector||Research and Development|
Microsoft offered the highest salary package of Rs. 1.16 crore per annum at IIT Bombay for 2019-20 session. Samsung emerged as the other top recruiter with 27 offers. As far as sector-wise placements concerned, engineering and technology emerged as the top recruiter at IIT Bombay placements 2019-20. IT/ software sectors are other major recruiters that offer an average salary package of Rs. 20.34 lakh per annum.
Apart from the above, three major PSUs recruited 13 students from IIT Bombay this year. More companies are expected to take part in the second phase placements.
IIT Bombay Placement 2020 – Statistics
Placements at IIT Bombay have gradually enhanced, candidates can look at the table below to know the placements from past three sessions.
|Dual Degree (B.Tech + M.Tech)||189||157||151|
IIT Bombay Placement 2020 – Sector wise
The highest numbers of students were recruited by the Engineering and Technology sector. The least number of candidates were recruited by the Education sector. Most of the students placed are from B. Tech while the least number of students were placed from those who were enrolled to the Dual Degree course. Candidates can take a look at the sector-wise placement for IIT Bombay as tabulated below.
Sector Wise Placement
|Sector||B. Tech||Dual Degree||M. Tech|
|Engineering & Technology||109||48||195|
|Public Sector Undertaking||5||3||3|
|Research and Development||26||14||40|
IIT Bombay Placement 2020 – Salary wise Statistics
As per placement data released by IIT Bombay, the salary wise job offers made at IIT Bombay are tabulated below.
Salary Wise Placement Statistics
|Range of Gross Salary (in LPA)||Number of Companies||Number of Offers|
|Between 13.5 to 16||50||182|
|Between 11.5 to 13||56||214|
|Between 9.5 to 11.5||59||223|
|Between 7.75 to 9.5||51||163|
|Between 6.25 to 7.75||42||135|
|Between 5 to 6.25||23||57|
|Between 4 to 5||5||8|
IIT Bombay Placement 2020 – Compensation wise Distribution
The average gross salary and the Cost To Company (CTC) offered to the students of IIT Bombay has seen an upward flow from past years. The total number of pre placement offers is 131, which is the highest recorded. Candidates can look at the table below to know the inclining and positive trend in the pay package offered by the organizations.
Compensation wise Placement Distribution
|Average Gross Salary (in LPA)||12.32||14.11|
|Average CTC (in LPA)||15.69||17.49|
|Total number of International Offers||75||108|
|Total number of Pre- Placement Offers||100||131|
IIT Bombay Placement 2020 – Internship Opportunities
Students from second year and third year of Bachelor’s and from the first year of Masters can apply for the internship recruitment program. The Placement office of IIT Mumbai provides internships to the students as per their interests so that they could get industrial exposure.
Internship Opportunities at IIT Bombay
FAQs about IIT Bombay Placement 2020
Q1. Does the IIT Bombay provide summer internships to the students?
Ans. Yes, summer internships are provided at IIT Bombay. They begin in May till mid-July.
Q2. How many companies visited IIT Bombay for hiring students?
Ans. This year, 265 companies participated in the placement drive of IIT Bombay.
Q3. Do international placements take place at IIT Bombay?
Ans. Yes, international placements take place at institute.
Q4. What was the highest package at IIT Bombay?
Ans. The highest package at IIT Bombay for the 2019 batch was 62.28 LPA.
Q5. What is the average package at IIT Bombay?
Ans. For the batch passing in 2019, the average salary was 20.34 LPA.
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