IIT Bombay Placements 2022: 66 international offers, 1,878 jobs offered by 332 companies

The highest domestic salary (CTC) offered during the recruitment drive stood at INR 1.8 crore, whereas the mean salary package stood at INR 22.7 lakh per annum.

IIT Bombay Placements 2022: Indian Institute of Technology (IIT) Bombay has recorded a total of 66 international offers to students this year. The technology institute commenced the year-long placement drive in July 2021. According to the recruitment report, 2,056 students registered for IIT Bombay Placements 2022 and 1,184 students registered for internships. This year, 1,431 candidates accepted job offers, in comparison to 1,150 last year.

1,878 jobs offered by 332 companies

According to the official placement report, 332 companies offered 1,878 jobs over two phases of placements, of which students accepted 1,441 offers. The highest domestic salary (CTC) offered during the recruitment drive stood at INR 1.8 crore, whereas the mean salary package stood at INR 22.7 lakh per annum. The institute informed that the highest international salary is INR 2.1 crore, with the mean international CTC being INR 60.9 lakh per annum.

In July and August last year, company representatives approached the office with placement offers, with the details being announced to students in late September. The second phase of placements began in January 2022.

Highest number of offers produced by engineering and technology sector

The engineering and technology sectors rolled out the most offers. Despite the tough market environment, IIT-B’s main hiring sectors were core engineering, IT/software, finance and consulting.

The 66 international offers were received from the US, Japan, UAE, Singapore, the Netherlands, Hong Kong, and Taiwan. Engineering and technology students saw the highest international recruitments, with a total of 434 selections in 87 core companies at the entry level. Students were offered profiles in aerospace, artificial intelligence, automation, electric vehicles, oil and gas, chemicals and robotics, to name a few.

Nearly 370 IT/software students were offered jobs by 86 companies, excluding PPOs, through campus placements. Popular profiles were in the areas of software programming, digital, algorithmic trading programming, data scientist, networks, artificial intelligence, cloud computing and machine learning.

145 offers from consulting sector

Consulting, a favourite sector at IIT-B, saw over 145 consulting offers by 31 consulting companies. They include companies in the fields of business consulting, EdTech, FinTech, healthcare, and MediTech. In the Financial consulting sector, over 205 offers were made by 54 financial service firms.

Read More:

• Indian Institute of Engineering Science & Technology invites applications for MBA program