Indian Institute of Technology, Bombay2024 Placement Report
Indian Institute of Technology, Bombay: 2024 Placement Report
IIT Bombay (IIT B) 2024 placement report: CTC, recruiters, and sector data from the official release.
Numbers
Editorial review
Indian Institute of Technology, Bombay's 2024 placement cycle: 1,475 of 1,979 participating students were placed (74.5%) across 1,650 offers from 364 recruiting companies; Engineering & Technology led sector share at 29.2%; median CTC printed at ₹17.92 LPA. 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 (29.2%, 430 offers) and IT/Software (20.8%, 307 offers) together account for exactly half of all 1,650 offers, well ahead of the next tier of Consulting (7.9%, 117 offers) and Finance (7.7%, 113 offers), which are nearly tied with each other. Widening the lens to all technology-adjacent categories (IT/Software, Data Analytics, Data Science, Software Development, and AI/ML) brings the combined share to about 31.5% of offers, on top of the separate 29.2% in core Engineering & Technology.
Against 1,475 students placed, the 1,650 total offers work out to roughly 1.12 offers per placed student, implying a meaningful share of students held more than one offer. The 364 recruiting companies extended those offers at an average of about 4.5 offers per recruiter, and of the 78 international offers, that's under 5% of the total, a small but non-trivial overseas component. The average CTC of Rs 23.50 lakh sits well above the median of Rs 17.92 lakh, a gap of over Rs 5.5 lakh, a wider spread than a simple average-median comparison would suggest is typical, pointing to a strong right skew from a relatively small number of very high offers.
No single 'highest CTC' figure was stated, only a salary-range table (e.g. 558 offers above Rs 20 LPA); no named top-recruiters list was given, only company counts per sector. Sector percentages above are computed from the report's own offer counts per sector against the total placed (1,475).
Key takeaways
Average CTC rose 7.7%
Average CTC rose from ₹21.82 LPA in the prior cycle to ₹23.50 LPA this year (+7.7%). That is a clear year-on-year shift 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.
Engineering & Technology led the batch at 29.2%
Engineering & Technology accounted for 29.2% of offers, or 430 offers, the largest sector share in this 2024 report. The next sector, IT/Software, sat at 20.8% (307 offers), so the gap between first and second is 8.4 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.
Top two sectors took 50% of offers
Engineering & Technology and IT/Software together made up 50% of offers, a concentrated recruiter mix. Other was a distant third at 11.2%. Concentration is not automatically good or bad, but it does mean batch-level averages can mask thinner opportunity in secondary functions.
74.5% of the eligible batch placed
1475 of 1979 eligible students accepted offers through the campus process (74.5%), with 504 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.
International offers stayed rare
78 of 1650 offers were international (4.7%). 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.
364 recruiters participated
364 firms participated for 1650 offers, about 4.5 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 did average CTC compare with the median in 2024?
Average CTC was ₹23.50 LPA and median was ₹17.92 LPA. The average sits above the median, so a smaller set of higher offers pulled the mean up relative to a typical package.
How significant were international offers in 2024?
78 of 1650 offers were international (4.7%).
Which program does this 2024 report cover?
This page covers All programs (B.Tech, M.Tech, Dual Degree, M.Sc, M.Des, PhD), Academic Year 2023-24 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 (29.2%, 430 offers) and IT/Software (20.8%, 307 offers) together account for exactly half of all 1,650 offers, well ahead of the next tier of Consulting (7.9%, 117 offers) and Finance (7.7%, 113 offers), which are nearly tied with each other. Widening the lens to all technology-adjacent categories (IT/Software, Data Analytics, Data Science, Software Development, and AI/ML) brings the combined share to about 31.5% of offers, on top of the separate 29.2% in core Engineering & Technology.
Against 1,475 students placed, the 1,650 total offers work out to roughly 1.12 offers per placed student, implying a meaningful share of students held more than one offer. The 364 recruiting companies extended those offers at an average of about 4.5 offers per recruiter, and of the 78 international offers, that’s under 5% of the total, a small but non-trivial overseas component. The average CTC of Rs 23.50 lakh sits well above the median of Rs 17.92 lakh, a gap of over Rs 5.5 lakh, a wider spread than a simple average-median comparison would suggest is typical, pointing to a strong right skew from a relatively small number of very high offers.
No single ‘highest CTC’ figure was stated, only a salary-range table (e.g. 558 offers above Rs 20 LPA); no named top-recruiters list was given, only company counts per sector. Sector percentages above are computed from the report’s own offer counts per sector against the total placed (1,475).