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Indian Institute of Technology, Bombay2022 Placement Report

IIT Bombay (IIT B) 2022 placement report: CTC, recruiters, and sector data from the official release.

Numbers

Students placed
1441 / 1612
Highest CTC
₹1.80 Cr PA
Average CTC
₹21.50 LPA+20%

Editorial review

By

Indian Institute of Technology, Bombay's 2022 placement cycle: 1,441 of 1,612 participating students were placed (89.39%) across 1,441 offers from 332 recruiting organizations, with an average CTC of Rs 21.50 LPA and a highest domestic CTC of Rs 1.8 crore; Engineering & Technology led sector share at 30.12%. The longer reading and numbered takeaways below unpack what that means for sector mix, recruiter depth, and how to read average versus median.

Engineering & Technology and IT/Software together made up 55.8% of all 1,441 offers in 2021-22 (30.12% and 25.68% respectively), the two dominant sectors by a wide margin. Finance held 14.23% of offers (205) and Consulting 10.06% (145), while Research & Development, Education, Services and Public Sector Undertaking combined made up under 8% of offers.

Of the 1,612 students who actively participated, 1,441 were placed, a placement rate of 89.39%, the strongest outcome across the years covered by these reports, as the market recovered from the pandemic-affected prior season. The 332 organizations that made offers extended 1,441 of them, close to one offer per recruiter on average, and international offers reached 66, about 4.6% of the total.

The average CTC climbed to Rs 21.50 LPA against an average gross salary of Rs 16.50 LPA, and the highest domestic CTC offered was Rs 1.8 crore per annum. Sector percentages are computed from the report's own offer counts against the season total of 1,441 offers.

Key takeaways

  1. Average CTC rose 20%

    Average CTC rose from ₹17.91 LPA in the prior cycle to ₹21.50 LPA this year (+20%). That is a material move for Indian Institute of Technology, Bombay aspirants reading this report as a signal of typical outcomes, especially for median, which is less skewed by a handful of outlier offers than average or highest CTC.

  2. Engineering & Technology led the batch at 30.12%

    Engineering & Technology accounted for 30.12% of offers, or 434 offers, the largest sector share in this 2022 report. The next sector, IT/Software, sat at 25.68% (370 offers), so the gap between first and second is 4.4 percentage points. If your target function sits outside this lead sector, treat the headline placement rate as a campus-wide figure rather than a guarantee for your preferred cohort.

  3. Top two sectors took 56% of offers

    Engineering & Technology and IT/Software together made up 55.8% of offers, a concentrated recruiter mix. Finance was a distant third at 14.23%. Concentration is not automatically good or bad, but it does mean batch-level averages can mask thinner opportunity in secondary functions.

  4. 89.4% of the eligible batch placed

    1441 of 1612 eligible students accepted offers through the campus process (89.4%), with 171 opting out or taking paths outside the reported pool. High conversion is the headline; the more useful follow-up is whether your preferred sector and role type showed up in the sector split and recruiter list below.

  5. International offers stayed rare

    66 of 1441 offers were international (4.6%). That share is small enough that domestic packages define the typical story. Crore-plus overseas headlines, when they appear, usually sit in this thin tail rather than in the median.

  6. 332 recruiters participated

    332 firms participated for 1441 offers, about 4.3 offers per recruiter on average. Offer concentration among a few brand-name firms is common at top campuses; check whether your target employers actually appear in this list rather than assuming brand gravity alone.

Sector split

Hover a slice to view the percentage / count split

Frequently asked questions

How does the highest CTC compare with the average in 2022?

The highest CTC was ₹1.80 Cr PA, about 8.4x the average of ₹21.50 LPA.

How significant were international offers in 2022?

66 of 1441 offers were international (4.6%).

Which program does this 2022 report cover?

This page covers All programs (B.Tech, M.Tech, Dual Degree, M.Sc, M.Des, PhD), Academic Year 2021-22 at Indian Institute of Technology, Bombay.

Where do these placement figures come from?

Every number on this page is transcribed from Indian Institute of Technology, Bombay's own published materials. Open the source link under the title for the original document.

Notes

Engineering & Technology and IT/Software together made up 55.8% of all 1,441 offers in 2021-22 (30.12% and 25.68% respectively), the two dominant sectors by a wide margin. Finance held 14.23% of offers (205) and Consulting 10.06% (145), while Research & Development, Education, Services and Public Sector Undertaking combined made up under 8% of offers.

Of the 1,612 students who actively participated, 1,441 were placed, a placement rate of 89.39%, the strongest outcome across the years covered by these reports, as the market recovered from the pandemic-affected prior season. The 332 organizations that made offers extended 1,441 of them, close to one offer per recruiter on average, and international offers reached 66, about 4.6% of the total.

The average CTC climbed to Rs 21.50 LPA against an average gross salary of Rs 16.50 LPA, and the highest domestic CTC offered was Rs 1.8 crore per annum. Sector percentages are computed from the report’s own offer counts against the season total of 1,441 offers.