In the initial phase of placements at the Indian Institute of Technology (IIT) Bombay, approximately 85 students secured job offers surpassing Rs 1 crore. The institute’s placement report highlighted the dominance of the research and development (R&D) domain in generating high-paying job offers on the campus.
Of the 2,000 students registering for placements, 60% received offers in the first phase, with the second phase scheduled to commence later in the month.
The overall average salary package offered was Rs 24.02 lakh per annum, with varying figures for different sectors. Engineering and technology averaged Rs 21.88 lakh, IT and software Rs 26.35 lakh, finance Rs 32.38 lakh, and consulting Rs 18.68 lakh.
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