IIT Bombay placements Phase 1 ends with average salary of Rs 11.2 lakh

MUMBAI: IIT Bombay has wrapped up Phase 1 of its placements with about 275 companies visiting the campus and making offers to 950 students across all the programmes.

From B.Tech-309, M.Tech-371 and Dual Degree-169 students were placed. The Average Salary this year is Rs 11.32 lakh. B.Tech Students obtained a slightly higher salary than the Dual Degree and M. Tech Students. However the percentage of students placed is higher in Dual Degree and M. Tech students against the B. Tech one.

The sector wise percentage is Engineering & Technology-30%, IT/Software-20%, Finance-15%, Analytics, R&D and Consulting-10%.

Intel Technologies gave the highest number of offers at 28 while Samsung R&D made more than 20 offers.

Companies who gave more than 15 offers were: Dar-Al, CitiCorp, and Siksha’O’Anusandhan University and
those who gave more than 10 offers were: Goldman Sachs, Qualcomm, Microsoft, Axis Bank, Credit Suisse, DataXU, Future First and Oracle.

The Phase-2 of Placement Season will start from January 2017.