The Highest Salary Package for IIT Bombay Graduates
Overview
Students from Indian Institute of Technology Bombay (IIT Bombay) often seek to know about the highest salary packages they can achieve after campus placements. This article aims to provide an insight into the highest salary packages offered to IIT Bombay graduates as of recent years, particularly focusing on the 2022-2023 academic year.
Highest Salary Packages
As of the 2022-2023 academic year, the highest salary package offered to graduates from IIT Bombay during campus placements reached approximately 2.4 crore per annum (approximately $300,000 USD), primarily from international companies in sectors like technology and finance. However, it's important to note that the salary figures provided are reported and might not necessarily reflect the highest salary received by a single graduate.
Other notable salary packages for the same academic year include:
3.67 crore per annum CPA (domestic) 1.68 crore per annum CPA (domestic)It's crucial to understand that these figures are reported and might not represent the absolute highest salary. The breakdown of packages and average figures typically vary by field and role within the industry.
Highlights from the 2022-2023 Academic Year
IIT Bombay, a prestigious public engineering institution, consistently attracts top companies globally. The highest international and domestic salary packages for the 2022-2023 academic year are highlighted below:
International Offers
Microsoft offered an annual package of US $164,000 (1.14 crore) on the first day of campus placement at IIT Bombay. This was the highest offer for an international job profile.
Notably, 21 companies made offers in the first slot of placements, with the primary international recruiters being:
NEC Japan Microsoft Optiver Rubrik Cohesity UberNEC Japan offered 458,300 Yen (28.17 lakh), ranking among the top international recruiters.
Among the domestic recruiters, the highest offers were made by:
Microsoft (42.87 lakh per annum) Qualcomm BCG (Boston Consulting Group) Strategy and Cairn Blackstone (45 lakh per annum - same as the previous year) Worldquant (emerged as one of the highest domestic recruiters at 42.87 lakh per annum)Conclusion and Additional Resources
While the highest salary packages can dramatically affect a graduate's choice of joining a company, the average salary package remains a key consideration. The average package for IIT Bombay graduates ranges from 1 to 3 crores, with an average of 18 to 25 lakhs.
For the most accurate and up-to-date information, especially for the 2023-2024 academic year, it is recommended to check the official IIT Bombay placement reports or news updates regarding their placement statistics. Additionally, graduates can explore job opportunities on professional platforms like LinkedIn or Glassdoor to gather more detailed salary information.