IIT Bombay MBA from SJMSOM which is a renowned Management institute that has maintained an extremely efficient placement record. For the past few years, students have achieved an average package of upwards of Rs. 20 LPA. For the batch of 2020-22 the average CTC was recorded at INR 25.9 LPA.
Given below are the highlights of IIT Bombay MBA Final Placements 2022 and IIT Bombay Summer Placements 2022
Particulars | Stats/ Salaries |
Highest CTC | Rs. 49 LPA |
Average CTC | Rs. 25.9 LPA |
Median CTC | Rs. 25.8 LPA |
Average CTC of top 25% students | Rs. 35.4 LPA |
Average CTC of top 50% students | Rs. 31.1 LPA |
Average CTC of top 75% students | Rs. 28.4 LPA |
Students registered for placements | 110 |
Average Work Experience | 23 months |
Total PPO/ PPIs | 65 |
IIT Bombay MBA summer placements 2022 were also successfully completed for the 2021-23 batch with an increase of 16.5% in the average stipend, which stood at Rs. 2.40 LPA. The highest stipend offered to this batch was Rs. 3.66 LPA.
Batch | 2021-23 |
Total Number of Students | 113 |
Number of Companies Participated | 45 |
First Time Recruiters | 10 |
Students Placed | 100% |
Highest Stipend | Rs. 3.66 Lakhs |
Average Stipend | Rs. 2.40 Lakhs |
Median Stipend | Rs. 2.45 Lakhs |
Particulars | Stats/ Salaries |
FMCG / Manufacturing | 38% |
Healthcare, eCommerce, and others | 22% |
Consulting and IT | 24% |
BFSI | 16% |
The IIT Bombay MBA placement process is quite simple. Candidates need to follow this procedure to achieve the best placements on campus:
On-campus placements are coordinated by the student-elected Placement Committee and supervised by the Faculty Placement Coordinator. The drive starts with pre-placement talks initiated by participating companies, followed by the Lateral Placement Process, and finally by the Final Placement Process.
Pre-placement talks are interactive sessions based on company profiles, job descriptions, core values, career growth plans, and more. The 'Recruitment Form' is distributed among the eligible students in this phase.
Organizations are allotted a suitable day and time to hold their final selection process depending on the slotting criteria, which are communicated to the participating organizations well in advance.
The IIT Bombay MBA final placement process is where candidates participate and appear for the selection process.
August - September | Invitation to various companies in the placement process |
Final week, Sep | Summer internships placement process (for 1st-year students) |
Oct-Dec | Pre-placement talks by the companies on the campus |
December | Final placement |
The first week, April | Summer project starts (1st Year) |
July | Final placement joining dates |
Particulars | 2022 | 2021 |
Highest CTC | Rs. 49 LPA | Rs. 32.8 LPA |
Average CTC | Rs. 25.9 LPA | Rs. 21.96 LPA |
Companies participated | - | 40 |
Average CTC to Top 25% | Rs. 35.4 LPA | Rs. 29.46 LPA (30%) |
Average CTC to Top 50% | Rs. 31.1 LPA | Rs.27.07 LPA |
Average CTC to Top 75% | Rs. 28.4 LPA | Rs. 23.73 LPA (80%) |
Particulars | 2021-23 | 2020-22 |
Highest stipend | Rs. 3.66 Lacs | Rs. 3.20 Lacs |
Average stipend | Rs. 2.4 Lacs | Rs. 2.06 Lacs |
Median stipend | Rs. 2.45 Lacs | Rs. 2.0 Lacs |
Average stipend to Top 25% | Rs. 3.35 Lacs | Rs. 2.96 Lacs (30%) |
Average stipend to Top 50% | Rs. 3.01 Lacs | Rs.2.63 lacs |
Average stipend to Top 80% | Rs. 2.65 Lacs | Rs. 2.25 Lacs (80%) |
IIT Bombay MBA Final Placement 2022 records an 18.10% increase in the average salary at Rs. 25.93 Lakhs. Top recruiters were Accenture, JPMC, PWC, and P&G, among others.
Here is the IIT Bombay MBA placement report for the last 5 years that will help you gauge the trend enhancement of the placements each year:
Category | Placement Trends 2022 | Placement Trends 2021 | Placement Trends 2020 | Placement Trends 2019 | Placement Trends 2018 | Placement Trends 2017 |
Highest CTC (Rs.) | 49 LPA | 32.80 LPA | 32.8 LPA | 32.4 LPA | 32.4 LPA | 29.9 LPA |
Average CTC (Rs.) | 25.93 LPA | 21.96 LPA | 20.98 LPA | 20.8 LPA | 22.59 LPA | 17.63 LPA |
No. of Recruiters | - | 40 | 56 | 41 | 53 | 52 |
New Recruiters | - | 16 | 20 | 8 | 20 | 17 |
PPO/PPI | 65 | 45 | 49 | 52 | 53 | 48 |
Batch Size | 110 | 108 | 111 | 110 | 107 | 115 |
Average Work Experience (Months) | 23 | 27 | 27 | 24 | 24 | 25 |
IIT Bombay MBA's top recruiting companies were Goldman Sachs, IDFC First, Britannia, Dell, Asian Paints, Indus Valley Partners, i3, IBM, Browser Stack, Google, IBM Consulting, Pidilite, ICICI Bank, GEP, Marico, Colgate-Palmolive, Hexaware, Capgemini, etc.
Top recruiters with maximum offers in IIT Bombay MBA were from the Consulting, FMCG / Manufacturing, and E-Commerce sectors.
Domain | Profiles Offered | IIT Bombay MBA top recruiters
| Placement % |
BFSI | Business Analyst, Investment Banking Analyst, Liabilities Product Manager, Risk Manager, Strategy Analyst, Treasury and others | ICICI Bank, IVP, JPMorgan Chase Nomura, Yes Bank | 12% |
Consulting
| Deal Analytics, IT Consulting, Management Consulting, Operations Consulting, Procurement Consulting, Technology Consulting, and others | Accenture Strategy, Accenture Technology Consulting. Deloitte USI, GEP, Hitachi Vantara, Infosys Consulting. Kearney, KPMG Global Services, PwC India, PwC US Advisory, Quintics, and Vector Consulting | 28% |
E-Commerce
| Analytics Manager, Operations Manager, Program Manager, Supply Chain Manager, Analyst, Enterprise Sales, Pre-Sales Consultant, Product Manager, and others | Amazon, eBay, Flipkart, Axtria, Bristlecone, EXL Analytics, Juspay, MAQ Software, PlaySimple Games, Skit, and Wipro | 22% |
FMCG/Manufacturing | Management profiles in IT, Operations Management, Supply Chain Management, Sales & Marketing, and others | Asian Paints, Britannia, Colgate-Palmolive, Gemini Corporation, Godrej Consumer Products Limited, Kimberly- Clark, Marico, Mondelēz, Procter & Gamble. Signify, and Tata Consumer Products | 26% |
Healthcare & Others
| IT, Category Management, Operations Management, Sales & Marketing. Supply Chain Management | Cochlear, Johnson & Johnson, OYO Rooms, Phablecare, Sony Pictures, Sun Pharma, and others | 11% |
Sector | Percentage |
Consulting | 28 |
FMCG/Manufacturing | 26 |
E-Commerce/IT | 23 |
BFSI | 12 |
Healthcare and Others | 11 |
36 plus Months | 12% |
25-36 Months | 38% |
13-24 Months | 28% |
0-12 Months | 22% |
Some of the top profiles and roles that were offered during the IIT Bombay MBA placement drive 2021 were
It is coordinated and controlled by the student-elected Placement Committee and supervised by the Faculty Placement Coordinator handles the IIT Bombay MBA placement procedure
There were a total of 40 recruiters and 16 new companies in IIT Bombay MBA placement 2021. Companies from IT showed the highest presentation of 25%, followed by eCommerce, BFSI, Consulting, FMCG, and others.
Highest Stipend | Rs. 3.2 Lakhs |
Average Stipend | Rs. 2.06 Lakhs |
Median Stipend | Rs. 2 Lakhs |
Top 30% | Rs. 2.96 Lakhs |
Top 50% | Rs. 2.63 Lakhs |
Top 80% | Rs. 2.25 Lakhs |
The average CTC of the top 30% of students was Rs. 28.8 LPA.
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