Placement Statistics Overview
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 |
Top Recruiting Companies
IIT Mumbai graduates are highly coveted by leading global corporations. Here is a list of top 25 recruiting companies and typical job profiles offered:
- Google: Software Engineer, Data Scientist, Product Manager
- Microsoft: Software Developer, Cloud Solutions Architect, AI Researcher
- Amazon: SDE, Data Analyst, DevOps Engineer
- Apple: iOS Developer, Hardware Engineer, Systems Analyst
- Facebook: Software Engineer, UI/UX Designer, Product Analyst
- Oracle: Database Administrator, Software Developer, Technical Consultant
- Adobe: UX Designer, Frontend Developer, Data Scientist
- Samsung: Hardware Engineer, Software Developer, R&D Scientist
- Infosys: System Analyst, Software Developer, Project Manager
- TCS: Software Engineer, Data Analyst, Cloud Architect
- Wipro: DevOps Engineer, QA Analyst, Technical Lead
- Cognizant: Software Developer, Business Analyst, Cybersecurity Specialist
- Capgemini: IT Consultant, Software Engineer, Data Engineer
- Accenture: Consultant, System Engineer, Data Scientist
- Deloitte: Consulting Analyst, IT Auditor, Business Intelligence Analyst
- Goldman Sachs: Quantitative Analyst, Risk Analyst, Investment Banker
- JPMorgan Chase: Software Engineer, Financial Analyst, Data Scientist
- Morgan Stanley: Software Developer, Risk Analyst, Product Manager
- UBS: Financial Analyst, Quantitative Researcher, Risk Manager
- HSBC: IT Specialist, Data Analyst, Cybersecurity Analyst
- Intel: Hardware Engineer, Software Developer, R&D Scientist
- NVIDIA: GPU Developer, AI Researcher, Systems Engineer
- Qualcomm: Wireless Engineer, ASIC Designer, Software Developer
- Siemens: Automation Engineer, Control Systems Analyst, R&D Engineer
- General Electric: Software Engineer, Data Scientist, Product Manager
Sector-wise Analysis
The placement trends vary by sector based on industry demands and student preferences. Here is a detailed breakdown:
Information Technology Sector
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.
Core Engineering Sector
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.
Finance Sector
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.
Consulting and Strategy
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.
Research and Academia
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.
Entrepreneurship
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.