IIT Bombay Placements 2020-21: Indian Institute of Technology, IIT-Bombay placement drive phase-1 has ended on December 15, 2020, in which the Institute has recorded the highest number of recruiters.
IIT Bombay has reported a total of 973 selections were made by 310 organizations this year. The institute had received 152 offers before the placement drive and 821 in campus placement, which sums up to a total of 973. IIT-B has recorded the highest number of offers in the Engineering & Technology sector, focusing on the technical proficiency of students.
IIT-B students received at least 1,128 jobs among which only 973 accepted offers. In view of the pandemic, the IIT Bombay Placement 2020-21 was held virtually, and all the related processes of registration, interview and selection were held online.
Read: IIT Bombay Admission 2021
IIT Bombay Placements 2020: Highlights
|
Highest domestic CTC package |
INR 64 LPA |
|
Highest international CTC |
EURO 1.57 LPA |
| Average CTC Offered | INR 18.4 LPA |
|
International Offers Received |
58 |
|
Top International Recruiters |
USA, Taiwan, Hong Kong, Netherlands, Singapore, and UAE |
|
Top Domestic Recruiters |
Sony, Samsung, and Microsoft among others |
|
Highest Offers Received by |
IIT-B Engineering & Technology sector |
The institute has received a total of 58 international offers that include placements from countries like the USA, Taiwan, Hong Kong, Netherlands, Singapore, and UAE. The highest domestic CTC package has been INR 64 lacs per annum, and the highest international CTC has been EURO 1.57 lacs per annum.
IIT Bombay Records 18% Dip in Placements in the Wake of COVID-19 Pandemic
Trends in total job offers have observed a record low since the past 4 years by at least 18%, in the wake of COVID-19 pandemic. This year, 5 jobs were offered to IIT-B students in phase I placement sessions by two PSUs. The number of offers from PSUs also reduced to 5 from 9 since last year.
However, Pre-Placement Offers have witnessed a sudden spike in numbers from 164 of last year to 182.
The Placement Cell responded in this regard, stating, “Comparison (of this year’s statistics) with previous years would not be fair, considering the economic, travel and logistical challenges faced during this pandemic year. The placement office has endeavoured to minimise the impact of the Covid-19 pandemic on student recruitment process and has optimised selection outcomes.”
On the other hand, 30 candidates from IIT-Bombay, IIT Kanpur, and IIT Delhi have received more than INR 1Cr pay package in the first phase of the placement drive. The top recruiters of IIT-B comprise Sony, Samsung, and Microsoft among others. Additionally, IITs across the nation have ended the placement session virtually this year.
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