In the recent placement of IIT Bombay, almost 400 recruiters offered over 1500 jobs to the students in the first phase of the placement season. Looking at the data, the number of job offers has been increasing and decreasing since 2017. There were approximately 1,114 job offers made in 2017 which increased to 1,112 and 1,319 in 2018 and 2019. It then jumped to 1,878 in 2021 and has already touched 1,500 in the first phase of 2022 placement season.
What has mainly been increasing over the past five years is the average salary. The average salary of the 2017 placement season was 11.41 lakh per annnum (approx), which then gone up to Rs 18.5 lakh per annnum (approx) in 2018 and then to Rs 10.34 lakh per annnum (approx) in 2019.
There was a slight dip to Rs 18.40 lakh per annnum (approx) in 2020, which could have been a result of the Covid pandemic. However, IIT Bombay picked up the amount again and touched Rs 22.7 lakh per annnum (approx) in 2021. The average salary for 2022 placement season has not yet been revealed by the institute.
Placement season 2022
This year, over 1500 offers were made by over 400 organisations. A total of 25 students have received packages of over Rs 1 crore. Amidst the ongoing layoffs around the world, 71 international offers were made. Out of the total offers, 1224 offers were accepted by students, including 63 international offers.
The top recruiters during this placement season are American Express, TSMC, Honda Japan, McKinsey & Company, Boston Consulting Group, Morgan Stanley, Sprinklr, Reliance, Adani and Tata.
Courtesy : The Indian Express