IIT-Bombay minimum salary package drops to Rs 4 lakh during placement

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Key Points

Placements at IIT-Bombay concluded for 2024, with an average annual package of Rs 23.5 lakh, a slight increase from last year's Rs 21.8 lakh..

Ten students accepted job offers in the range of Rs 4 lakh to Rs 6 lakh per annum...

Despite the 7.7 per cent rise in average compensation, fewer students were placed through the campus drive compared to the previous year, as per a report by the premiere institute..

"We received 300-odd job offers in Phase 2. Also, while 75% of students were placed through the campus drive, another 15% of students found jobs on their own," said a source to TOI...

Other data trends are suggestive that the engineering and technology sector recruited the highest number of students, selecting 430 students for entry-level positions in 106 core engineering companies..

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