IIT Bombay placed 1,422 students in 2024–25, 3.5% fewer than last year, The Times of India reported. However, the average package rose to ₹26.45 lakh and median to ₹20 lakh. A total of 417 companies participated, with 65 international offers accepted.
IIT Bombay recorded a 3.5% decline in accepted job offers during the 2024–25 placement season, even as average and median salary packages rose sharply, according to a report by The Times of India.
The institute’s latest placement report showed that 1,422 students accepted job offers, compared with 1,475 in the previous academic year. Of the 2,469 students who registered for placements, 2,040 participated in the recruitment process.
Despite the drop in offers, compensation improved significantly. The average annual package increased to ₹26.45 lakh from ₹23.5 lakh last year, while the median salary rose to ₹20 lakh from ₹17.92 lakh, indicating stronger pay trends amid a more selective hiring market.
“The total number of accepted job offers was around 3.5% lower than last year,” IIT Bombay said in its placement report. “Despite the decrease in the number of offers, both the average and median CTC have increased by approximately 10%.”
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