IIT Bombay has wrapped up the initial phase of its 2023-24 academic year placement drive, witnessing a bustling participation from 388 companies both nationally and internationally. Among these, 85 students secured offers exceeding Rs 1 crore per annum. The average annual salary climbed to Rs 24.02 lakh, marking an increase from the previous year’s Rs 21.82 lakh.
By December 20, 2023, IIT Bombay students amassed a total of 1,340 job offers, leading to placements for 1,188 individuals. Notably, seven students landed positions in public sector units (PSUs), while 258 accepted pre-placement offers (PPOs) following internships out of the 297 received.
The opportunities extended beyond national borders, with 63 students securing international job offers from various countries including Japan, Taiwan, South Korea, the Netherlands, Singapore, and Hong Kong. The majority of placements centered around engineering, technology, IT, software, finance, banking, fintech, management…