IIT Bombay Placement 2024: 85 students bag job offers of over 1 crore each

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NEW DELHI: The Indian Institute of Technology (IIT) Bombay conducted the first phase of its placement drive for students of batch 2023-24, which concluded on December 20, with a successful turnout of 85 students receiving job offers with over Rs 1 CPA during the campus placements, which attracted participation from a total of 388 domestic and international companies.
Other 63 students also have received international offers. The institute said some of the top recruiters who participated in the placement drive this season include Accenture, Airbus, Air India, Apple, Arthur D. Little, Bajaj, Barclays, Cohesity, Da Vinci, DHL, Fullerton, Future First, GE-ITC, Global Energy and Environ and Google.
The list of participating firms also includes Honda R&D, ICICI-Lombard, ideaForge, IMC Trading, Intel, Jaguar Land Rover, JP Morgan Chase, JSW, Kotak Securities, Marsh McLennan, Mahindra Group, Micron, Microsoft, Morgan Stanley, Mercedes-Benz, L&T, NK Securities, OLA, P&G, Qualcomm, Reliance Group, Samsung, Schlumberger, Strand Life Sciences, Tata Group, Texas Instruments, TSMC, TVS Group, and Wells Fargo, according to the statement.
The sectors that have received the highest number of offers are Engineering and Technology, IT/Software, Finance/Banking/Fintech, Management Consulting, Data Science and Analytics, Research and Development and Design. The overall average salaries for major sectors are given below in the table.
Average CTC in INR (LPA)

Engineering & Technology 21.88
IT/Software 26.35
Finance 32.38
Consulting 18.68
Research & Development 36.94
Overall 24.02



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