IIT-Bombay Placement Season

This year witnessed a rise in the number of students at IIT Bombay without placements, reaching 35.8%, an increase of 2.8 percentage points compared to the previous session

Institute issues correction, says 'technical glitch' responsible for the incorrect figure in the phase-I placement report

Concerns arise over student pressure amidst inflated expectations and IITs placement committee suggests shifting focus to mean or median salary packages in student placement reports

IIT Bombay witnesses a surge in R&D sector salaries, with average annual pay reaching Rs 36.9 lakh, while finance sector experiences a 22% dip

Some of the second-generation IITs that Business Standard spoke with have seen more job offers from the start of the first phase of final placements to date than compared to the previous year

Over 300 companies, including top -notch MNCs, took part in the 2016-17 placement season at IIT Bombay (IIT-B), where 1,114 jobs were offered with an average gross salary of Rs 11.41 lakh per annum. Companies recruited across all profiles, including core engineering, research & development, consulting, analytics and software, IIT-B said in a statement here today. Carried out in two phases, the placement season 2016- 17 saw participation from 305 recruiters. A total of 1,114 jobs were offered to students with an average gross salary of Rs 11.41 lakh a year, the leading technology institute said. Major recruiters included Airbus Group, Bain & Company, Boston Consulting Group, Google, Goldman Sachs, Intel, Microsoft, ONGC, Procter & Gamble, Samsung R&D, Texas Instruments, Tata Steel and Qualcomm, among others. Companies from countries like Japan and Singapore were amongst the top international recruiters. Some of the international recruiters were Murata Group Japan, .