In a triumphant conclusion to Phase 1 of the 2023-24 placement season at the Indian Institute of Technology (IIT) Bombay, 85 students have clinched job offers with a Cost to Company (CTC) exceeding Rs 1 crore per annum. The placement round, featuring 388 domestic and international organizations, saw companies extending pre-placement offers (PPOs) and participation from public sector units (PSUs).
The premier institute strategically organized the placement process to ensure optimal distribution of firms, reducing stress on students and minimizing cross-offers. Through in-person interactions and virtual meetings, 1,340 offers were extended by December 20, 2023, resulting in the successful placement of 1,188 students. This count includes seven students in PSUs and 297 PPOs, out of which 258 were accepted.
Top sectors witnessing a surge in offers encompass engineering & technology, IT/software, finance/banking/fintech, management consulting, data science and analytics, research & development, and design. Additionally, 63 students received international offers spanning locations such as Japan, Taiwan, South Korea, Netherlands, Singapore, and Hong Kong.
Among the distinguished recruiters visiting the IIT-Bombay campus, notable names include Accenture, Airbus, Air India, Apple, Bajaj, Barclays, Google, JP Morgan Chase, Microsoft, Samsung, Tata group, and Wells Fargo, among others.
