In Summary
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IIT Bombay's M.Tech placements for 2023-24 achieved an 83.5% placement rate, with 415 out of 497 eligible candidates successfully placed. A total of 564 students registered for the program. Furthermore, the placement drive saw participation from 364 recruiting companies. These companies offered 78 international positions across firms located in the USA, Japan, UAE, Singapore, Taiwan, Europe, the Netherlands, and Hong Kong.
This year's placement drive saw offers predominantly from sectors such as Engineering & Technology, which accounted for 194 offers, followed by IT/Software with 78 offers, and Consulting with 23 offers. The overall Average Package stood at Rs. 23.50 LPA, with a Median Salary of Rs. 17.92 LPA.
IIT Bombay M.Tech Placements 2024: Sector-wise
The IIT Bombay placement statistics for M.Tech show that Engineering & Technology is the dominant sector, recruiting 194 candidates, nearly 47% of total placements. IT/Software follows with 78 placements.
Other technical fields, such as Research & Development (39), Data Analytics (17), and AI/ML (7), also attracted candidates. Non-technical sectors like Finance (3), Consulting (23), and Education (2) saw minimal placements, showing the lower demand for M.Tech in these sectors. Overall, the IIT Bombay M.Tech Placement shows demand in core engineering, software, and data-driven job roles.
| Sector | Placement Statistics |
| Engineering & Technology | 194 |
| IT/Software | 78 |
| Finance | 3 |
| Consulting | 23 |
| Research & Development | 39 |
| Data Analytics | 17 |
| Data Science | 9 |
| Design | 3 |
| Education | 2 |
| Product Management | 0 |
| Software Development | 4 |
| AI/ML | 7 |
| Services | 0 |
| PSU | 0 |
| Operations | 0 |
| Other | 36 |
| Total | 415 |
IIT Bombay M.Tech Placements 2024: Department-wise
The IIT Bombay department-wise placements for M.Tech have shown an increasing placement trend. The M.Tech in Aerospace Engineering placed 24 out of 37 students, resulting in a placement rate of 64.86%. In contrast, the Biomedical Engineering saw a 92.31% placement rate, as 12 out of 13 students secured offers.
The IIT Bombay CSE placements also concluded with a 90.79% placement rate, placing 69 out of 76 students. Other notable departments included Chemical Engineering, with a 90.90% placement rate, and Mechanical Engineering, with a 100% placement rate, securing placements for all 41 candidates. Read the IIT Bombay placement statistics for various departments of M.Tech in the table below.
| Department | Participated | Placed | Placement Rate (%) |
| Aerospace Engineering | 37 | 24 | 64.86% |
| Biomedical Engineering | 13 | 12 | 92.31% |
| Chemical Engineering | 11 | 10 | 90.90% |
| Civil Engineering | 41 | 30 | 73.17% |
| Computer Science and Engineering | 76 | 69 | 90.79% |
| Electrical Engineering | 113 | 92 | 81.42% |
| Energy Science and Engineering | 25 | 22 | 88.00% |
| Environmental Science and Engineering | 18 | 15 | 83.33% |
| Geo-informatics and Natural Resources Engg | 23 | 17 | 73.91% |
| Industrial Engineering & Operations Research | 19 | 16 | 84.21% |
| Mechanical Engineering | 41 | 41 | 100% |
| Metallurgical Engineering and Materials Science (MEMS) | 35 | 30 | 85.71% |
| Systems & Control Engineering (SysCon) | 5 | 5 | 83.33% |
| Technology and Development (CTARA) | 29 | 25 | 86.20% |
| Centre for Urban Science and Engineering | 8 | 5 | 62.50% |
| Earth Sciences (Geo-exploration) | 3 | 0 | 0% |
| Earth Sciences (Petroleum Geosciences) | 3 | 0 | 0% |
| Educational Technology | 2 | 2 | 100% |
IIT Bombay M.Tech Placement Process
- The Placement Office appoints a point of contact for your organization and sends an invitation to begin the process.
- Recruiters register on the placement portal (campus.placements.iitb.ac.in) and complete registration by paying the specified amount (for placements only).
- Recruiters create job or internship listings with required details, which are verified by the Executive Officer for accuracy, including remuneration and other specifics.
- Verified job opportunities are made available online to students as per the schedule decided by the Placement Office.
- Interested students apply for jobs, expressing their willingness to participate in the recruitment process.
- Companies access resumes of applicants through their online accounts and shortlist candidates based on their criteria.
- After coordinating with the Placement Office, companies conduct tests and screening processes as per the finalized schedule.
- Shortlisted students proceed to the final interview process conducted by the company.
- Organizations submit a list of selected candidates after interviews, and the Placement Office notifies them of student acceptances.
- Offer letters are delivered to selected students by organizations, along with detailed job information.
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