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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View BrochureTop Recruiters
3M
A.T. Kearney India
ABPS Infrastructure Advisory
Absolute Data Group
Accenture
Adobe
Adventity BPO India Pvt. Ltd.
AIR-Worldwide
Airvana Networks India
Akruti Nirman
Alfaisal University
Amazon India
Ambica Steels Limited
Analog Devices
Angel Broking
Ansys-Fluent India Pvt. Ltd.
Applied Materials
Ashok Leyland
Assetlink Corporation
Asus Technology
Axience
Barclays Bank
Bharat Electronics Limited
Blue Star
Blue Star Infotech Ltd.
Boston Analytics
Boston Consulting Group
Business Development Asia (HK) Ltd
Business Objects
Cadbury
Cairn
Capital One Financial Services
Capsilon India
CGG India
Cisco
Citicorp Finance India Ltd.
Citigroup GDM
Citrix
Computational Research Lab
Cosmic Circuits
Credit Suisse Business Analytics
Croda
Cypress
Cytel
D. E. Shaw India Software Private Limited
Dar Al Handasah (Shair & Partners)
Deloitte
Deutsche Bank
Dr.Reddy’s Laboratories Ltd
DSP Merrill Lynch
Dun & Bradstreet
DVWS (Doshion)
ECS Limited
Eperium Business Solutions India Pvt Ltd
ERM India
Essar E&P Ltd.
essar group
evalueserve
Fair Issac
Fidelity
Fractal Analytics ltd
Futures First
GE India Technology Centre-JFWTC
GE Water & process
General Motor Technical Centre
General Motors
geodesic information systems
Global Analytics India Pvt. Ltd.
Global Industries Offshore LLC
goldman sachs
Google
Gridstone Research
Halliburton
HDFC Bank
Hewlett-Packard (HP)
Hindustan Aeronautics Limited (HAL)
Hindustan Zinc Limited (HZL)
House Of Code Incorporation
HPCL
HSBC Global Technology
HSBC.
i2 Technologies India Pvt. Ltd
IBM India Pvt. Ltd.
Indian Oil Corporation Ltd (IOCL)
inductis
infosys
InI Consulting
INSP India Software Development Pvt.Ltd.
Intel Technology India Pvt Ltd
Intergraph Consulting Pvt.Ltd
Intuit
Irunway
ITC
j p morgan
JK Tyre
John Deere India Ltd
JUNIPER
Komli Media Pvt. Ltd.
Kotak Group
KPMG India
L&T ECC
Larsen & Toubro Ltd.
Lehman Brothers
LMS Emmeskay Solutions Pvt. Ltd.
Magma Design Automation India Pvt Ltd
marketRx India Pvt. Ltd.
Marvell Technology Group
Maxim Integrated Circuit
McKinsey & Co
McKinsey Knowledge Centre
MECCADEMIA FZ LLC
Mechatronics Test Equipment (I) Pvt. Ltd
Meinhardt
microsoft
MIDAS
Millennium Networks
Monitor
morgan stanley
Motorola India Limited
MU SIGMA
National Instruments
Novell Software Development (I) Pvt. Ltd.
Novellus
Nvidia
ongc
oracle
Osram
Pacific Mindware Engineering Pvt Ltd
pangea3 LLC
Paradigm Geophysical
Price Waterhouse Coopers
Procter & Gamble
Qualcomm India Pvt. Ltd.
Rambus
Rediff
Reliance Industries Ltd.
Reliance Solar
Renault Nissan
Sabre Travel Technologies Pvt.Ltd.
samsung
Samsung India Software Operation(SISO)
sandisk
schlumberger
shell technology
siemens
Smart Analyst
Value Partners
ST - Ericsson India Pvt. Ltd.
strand life sciences
sun microsystems
Sundaram Fasteners
Sybase
symantec corporation
Symphony
Syngene International Pvt. Ltd.
Syngenta Biosciences
Synplicity Software India Pvt.Ltd.
Tata Steel
Tata Strategic Management Group
TATA Technologies
tatamotors
TCE Consulting Engineers
TCS
Technipp India
Tejas Networks
Tensilica Technologies
Texas Instrument
TIBCO
tower research capital
Trans Market Group
Transocean Inc.
Transparent Energy
TSMC
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Unimark remedies
unitech
UOP India Private Limited
Veveo India Private Limited
Vishay Components India Pvt.Ltd
vmware
Walking stick Solutions
Webaroo Technology India Pvt. Ltd.
West End Capital Management
Wipro Technologies
Xilinx
Yahoo! Software Development Pvt. Ltd
Zinnov
ZS Associates
Ernst & Young