Home College Insider IIT Bombay Placements 2023 Witness 1898 Offers With 16 Remarkable 1 Cr+ Offers!

IIT Bombay Placements 2023 Witness 1898 Offers With 16 Remarkable 1 Cr+ Offers!

IIT Bombay released its official placement report for 2022-2023 which indicated the highest-ever job placement of IITians to date. Read on to find out more about the details of the report.

Kaihrii Thomas

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IIT Bombay Placements 2023 Witness 1898 Offers With 16 Remarkable 1 Cr+ Offers!

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Table of content:

IIT Bombay Placement Report: A Brief Overview
IIT Bombay Placement Report 2022- 2023: Sector-Wise Breakup
IIT Bombay Placement Report: Sectorial Job Offers
IIT Bombay Placement Report: Program-wise Data
Conclusion

As per the IIT Bombay placement report, 2174 students were registered to take part in the campus placement starting from July 2022 to June 2023. Out of the total registration, 1845 students were involved in the placements. A total of 1516 IITians secured jobs which is by far the highest number to date for IIT Bombay. The placement sessions were carried out in hybrid mode involving interviews online and offline.

In the 2023 NIRF Rankings, IIT Bombay has been ranked 4th in the overall category, 3rd in engineering, and 10th in management. In the QS World University Rankings 2023, it was ranked at 149th position.

IIT Bombay continues to be one of the preferred choices for Indian students pursuing STEM courses, especially computer science and engineering.

IIT Bombay Placement Report: A Brief Overview

Here’s a brief overview highlighting key aspects of IIT Bombay’s placement for 2022- 2023:

Total number of students who registered for the placement	2174
Total number of registered students who took part in the placement session	1845
Total number of participating companies for the placement	384
Total number of companies that extended job offers	324
Total number of job offers by companies	1898
Total number of job offers accepted	1516
Total number of pre-placement job offers	300
Total number of pre-placement job offers accepted	194
Total number of job offers above INR 1 crore accepted	16
Total number of international job offers accepted	65
International job offers with the highest pay package	INR 3.67 crore per annum
Job offer placements in Indian Companies	661
Job offer placements in MNCs in India	790
Domestic job offers with the highest pay package	INR 1.68 crore per annum
The average pay package of the total selected students	INR 21.82 lakh per annum
Top Recruiting Sectors	Engineering & Technology/ IT& Software

IIT Bombay Placement Report 2022- 2023: Sector-Wise Breakup

Here is the sector-wise breakup of the IIT Bombay placement report 2023 which shows the engineering and technology sector rolling out the highest job offers followed closely by the IT and software sector:

Sector	Total number of Offers	Total number of companies
Analytics	79	21
Consulting	154	29
Data Science	25	13
Design	33	19
Education	81	07
Engineering & Technology	458	97
Finance	76	32
IT/Software	302	88
Public Sector Undertaking	14	04
Research & Development	92	30
Services	09	04
Others	193	59
Total	1516	403

IIT Bombay Placement Report: Sectorial Job Offers

Here is the sectorial job offers breakup distribution as per the IIT Bombay placement report 2022- 2023:

IIT Bombay sectorial placement distribution 2022-2023

Image source: IIT Bombay Placement Report 2022-2023

IIT Bombay Placement Report: Program-wise Distribution

As per the IIT Bombay placement report 2022- 2023, 90% of students who registered for the placement were from B.Tech, Dual degree, and M.Tech programs. Here is the program-wise breakup of IIT Bombay placement 2022- 2023:

IIT Bombay placement 2022-2023 program-wise breakup

Image source: IIT Bombay Placement Report 2022-2023

Conclusion

The IIT Bombay placement 2022- 23 was conducted through hybrid mode. A 5.7% rise in registered students is seen in comparison with last year. It also saw the highest-ever number of students placed this year. A total of 1516 IITians secured jobs during the 2022- 2023 placement.

There is a 5.2 % increase in the total number of students placed highlighting a high demand in relevant sectors. Also, there is a rise in the total number of recruited Ph.D. students compared to last year. 41 out of 131 active Ph.D. students were selected during the placement. Taking into account the total number of active participating students, the IIT Bombay placement report for 2022-2023 is 82.16%.