Indian Institute of Technology Bombay
(IIT Bombay)Last Updated: Jul 31, 2026
Established
1958
Campus Size
550.00 Acres
Total Students
12,000
Faculty
680
Student-Faculty
18:1
What is the placement record at Indian Institute of Technology Bombay?
In the 2026 placement cycle, Indian Institute of Technology Bombay recorded an average package of ₹26.45 LPA, a median of ₹20.00 LPA, and a highest domestic package of ₹1.48 Cr per annum, with 70.00% of participating students placed through 1,422 offers from 417 visiting companies. In the immediately preceding 2025 cycle, IIT Bombay also posted an average of ₹26.45 LPA, a median of ₹20.21 LPA and a highest package of ₹1.48 Cr, with 78.00% placed across 910 offers from 395 companies. These figures place IIT Bombay among the top one or two engineering recruiters in India and are anchored by its consistent top-tier NIRF Engineering ranking. The numbers below trace exactly how packages, offer volumes and placement rates have moved across 2023 to 2026 at this institute.
Year-Wise Placement Statistics
The table below answers the most-searched question about Indian Institute of Technology Bombay: how have its placement packages and success rate trended year on year? It compiles the highest, average and median packages alongside the percentage of students placed for the 2026, 2025 and 2024 cycles, with the 2023 cycle added for fuller context. Read each row as a single placement season; the highest package reflects the top domestic offer accepted, while the average and median describe the typical IIT Bombay graduate's outcome. All package figures are stated once in LPA or Cr.
| Year | Highest Package | Average Package | Median Package | % Placed |
|---|---|---|---|---|
| 2026 | ₹1.48 Cr | ₹26.45 LPA | ₹20.00 LPA | 70.00% |
| 2025 | ₹1.48 Cr | ₹26.45 LPA | ₹20.21 LPA | 78.00% |
| 2024 | ₹1.68 Cr | ₹23.50 LPA | ₹17.92 LPA | 74.53% |
| 2023 | ₹1.68 Cr | ₹21.82 LPA | ₹18.00 LPA | 82.16% |
The clear takeaway for an applicant is upward salary momentum: IIT Bombay's average package climbed from ₹21.82 LPA in 2023 to ₹26.45 LPA in both 2025 and 2026, while the median rose from ₹17.92 LPA (2024) to roughly ₹20 LPA in the two latest cycles. The highest package eased from ₹1.68 Cr (2023 and 2024) to ₹1.48 Cr (2025 and 2026), and the placement percentage has fluctuated with market conditions, peaking at 82.16% in 2023 and settling at 70.00% in 2026. In short, more value is now concentrated in the typical offer even as a tighter global hiring market trims the share of students placed.
Top Recruiters at Indian Institute of Technology Bombay
Indian Institute of Technology Bombay draws recruiters from across technology, quantitative finance, consulting and core engineering, with 417 companies registering in the 2026 drive and 395 in 2025. Below are verifiable recruiters reported across its recent cycles, grouped by the sectors that dominate hiring at IIT Bombay.
Technology, Software & Semiconductors
Google, Microsoft, Apple, Amazon, Adobe, Oracle, Atlassian, Qualcomm, Nvidia, Intel, Texas Instruments, Bosch and Mastercard recruit heavily for software engineering, chip design and product roles.
Quantitative Finance & Trading
The richest offers at IIT Bombay come from high-frequency trading and banking firms such as Da Vinci Derivatives, IMC Trading, JPMorgan Chase, Morgan Stanley, ICICI Bank and Barclays. Da Vinci Derivatives and IMC Trading have repeatedly anchored the top of the package table.
Consulting & Analytics
McKinsey, Deloitte, PwC and Accenture hire from IIT Bombay for strategy, analytics and management consulting positions.
Core Engineering & Diversified
Reliance, Tata, Larsen & Toubro (L&T), Honeywell, Boeing, Halliburton, Pfizer, Cipla, Godrej and Sony recruit for mechanical, civil, chemical, aerospace and electrical roles.
The spread shows why IIT Bombay placements stay resilient: when one sector slows, the depth of its 400-plus recruiter pool keeps offer volume high. For an aspirant, the practical signal is that the marquee crore-plus packages come almost entirely from trading and tech, while the bulk of stable offers flow from consulting, analytics and core engineering.
Sector & Role-Wise Breakdown
This table answers which sectors generate the most offers at Indian Institute of Technology Bombay and what they typically pay, based on the most recent reported cycle. Use the share-of-offers column to see where demand concentrates and the typical-package column to gauge realistic compensation by domain; figures outside the verified institute-wide spine are stated as commonly reported ranges and should be treated as indicative.
| Sector / Role | Share of Offers (approx.) | Typical Package |
|---|---|---|
| Engineering & Technology (core) | Largest single block (approx. 429 offers) | ₹10-25 LPA |
| IT / Software | approx. 316 offers | ₹18-30 LPA |
| Consulting | approx. 126 offers | ₹20-40 LPA |
| Data Analytics | approx. 114 offers | ₹18-30 LPA |
| Finance / Quant & Trading | approx. 112 offers | ₹30 LPA to ₹1.48 Cr |
The pattern confirms that core engineering and IT/software together account for the majority of IIT Bombay offers, giving most students a high probability of a strong but not headline-grabbing package. Finance and quant-trading roles are far fewer in number yet carry the extreme upside, including the ₹1.48 Cr top domestic offer in the 2026 cycle. For an applicant, the realistic expectation is a package near the ₹20 LPA median, with the crore-plus outcomes reserved for a small cohort in trading and elite tech.
Placement Trend Analysis
Across 2023 to 2026, Indian Institute of Technology Bombay shows a story of strengthening averages against a softening hit-rate. The average package rose steadily from ₹21.82 LPA (2023) to ₹23.50 LPA (2024) and then to ₹26.45 LPA in both 2025 and 2026, a roughly 21% gain over the period that reflects sustained demand for IIT Bombay talent even through a cautious global hiring environment. The median moved in tandem, from ₹17.92 LPA in 2024 to about ₹20 LPA in the two latest cycles, signalling that the gains are broad-based rather than driven only by a handful of outlier offers.
At the same time, the highest domestic package cooled from ₹1.68 Cr (2023 and 2024) to ₹1.48 Cr (2025 and 2026), and the placement percentage came down from a high of 82.16% in 2023 to 74.53% (2024), 78.00% (2025) and 70.00% (2026). Offer volume stayed strong, with 1,475 offers in 2024 and 1,422 in 2026, supported by an expanding recruiter base of 417 companies in 2026. The MBA programme run by the Shailesh J. Mehta School of Management bucked the broader softening, delivering 100% placement in the 2025-26 drive with an average package of ₹28.16 LPA and a highest package of ₹53.80 LPA, while the undergraduate median held at approximately ₹20.21 LPA. The net reading for 2026: pay per offer is at or near record highs and the recruiter pool is the widest it has been, but the tighter macro climate means a slightly smaller share of students convert offers than in the 2023 peak.
Average Package
₹26.45 LPA
Median Package
₹20.00 LPA
Placement Rate (2026)
Top Recruiters
Year-wise Placement Trends
| Year | Highest (LPA) | Average (LPA) | Median (LPA) | Placed % |
|---|---|---|---|---|
| 2026 | - | ₹26.45 LPA | ₹20.00 LPA | 70.00% |
| 2025 | ₹1.48 Cr | ₹26.45 LPA | ₹20.21 LPA | 78.00% |
| 2024 | ₹1.68 Cr | ₹23.50 LPA | ₹17.92 LPA | 74.53% |
| 2023 | ₹1.68 Cr | ₹21.82 LPA | ₹18.00 LPA | 82.16% |
Disclaimer: Placement data including recruiters, offer counts and salary figures for IIT Bombay are sourced from publicly reported information and may differ from official placement reports. FreeJobAlert.com does not guarantee placement outcomes. Refer to IIT Bombay's official placement cell for verified statistics.