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MUMBAI, MAHARASHTRA, India
MUMBAI, MAHARASHTRA, India
NAAC Grade
A_PLUS_PLUS
Students
12,000
Placement
95.0%
Avg Package
₹12,00,000
The Indian Institute of Technology Mumbai consistently achieves exceptional placement outcomes, reflecting the institute's academic excellence and industry relevance. The department has a strong track record of securing placements for its graduates in top-tier companies across diverse sectors including technology, finance, consulting, and research.
| Year | Highest Package (INR) | Average Package (INR) | Median Package (INR) | Placement Percentage | PPOs Received |
|---|---|---|---|---|---|
| 2024 | 3500000 | 1200000 | 1100000 | 95.0 | 850 |
| 2023 | 3200000 | 1150000 | 1050000 | 94.0 | 820 |
| 2022 | 3000000 | 1100000 | 1000000 | 93.0 | 780 |
| 2021 | 2800000 | 1050000 | 950000 | 92.0 | 740 |
| 2020 | 2600000 | 1000000 | 900000 | 91.0 | 700 |
IIT Mumbai graduates are highly coveted by leading global corporations. Here is a list of top 25 recruiting companies and typical job profiles offered:
The placement trends vary by sector based on industry demands and student preferences. Here is a detailed breakdown:
This remains the most popular sector for IIT Mumbai graduates. The demand for software engineers, data scientists, and AI specialists continues to rise. Companies like Google, Microsoft, Amazon, and Facebook offer the highest packages, with many students receiving multiple offers.
Graduates also find opportunities in core engineering roles within companies such as Siemens, GE, and Qualcomm. These positions typically involve hardware design, automation systems, and control engineering.
Many students pursue careers in finance, particularly in roles involving quantitative analysis, risk management, and investment banking. Firms like Goldman Sachs, Morgan Stanley, and JPMorgan Chase recruit top talent from IIT Mumbai.
Students with strong analytical skills often enter consulting firms such as McKinsey, BCG, and Bain, where they work on strategic projects for clients across industries.
A significant number of graduates choose to pursue higher studies or join research labs. Many go on to complete PhDs at top universities globally and contribute to groundbreaking research in their fields.
The institute’s entrepreneurial ecosystem supports students who wish to start their own ventures. Alumni have launched successful startups in fintech, healthtech, and clean energy, often supported by incubators like IIC.
NAAC Grade
A_PLUS_PLUS
Students
12,000
Placement
95.0%
Avg Package
₹12,00,000
Highest Package
₹35,00,000
Graduation Rate
92.0%
Highest Package
₹35,00,000
Graduation Rate
92.0%