Indian Institute of Technology, Bombay (IIT Bombay) concluded it’s final placement process for the academic year 2010-2011. 250 Companies participated in the recruitment process and offered 950 jobs through on-campus and pre-placement offers. IIT Bombay has invited Companies in July 2010 to participate in the placement process the final recruitment began from December 1, 2010 onwards.
A total of 119 jobs were offered to IITB students on Day 1, a 50 percent increase over last year in the number of jobs offered on Day 1 and a 33 percent increase in the number of companies visiting the campus. Majority of Students were hired for technology oriented jobs followed by jobs in Financial Sector. This year the participation from Government and Public Sector Companies was also on the rise, 45 Students were offered jobs in several Maharatna and Navaratna companies.
Recruiting Companies dominated the placement process was from these domains:
- Management consulting
- Engineering and manufacturing
- Finance/banking and FMCG
Students were also offered jobs in Educational Institutions as Faculty Resources. Good number of Students opted out from the placement process to pursue higher education and explore other career opportunities.
Statistics by range of Salary offered
|Range of Gross Salary(in Lakh Rupees per annum)||Number of Organisations||Number of Offers Received|
|Between 7.0 to 8.5||46||135|
|Between 5.5 to 7.0||68||309|
|Between 4.5 to 5.5||49||122|
|Less than 4.5||36||106|
Program-wise placement data:
|Academic Program||Registered||Placed||% Placed||Last Year %|
|5 Year M.Sc||16||14||88||72|
|2 Year M.Sc||108||64||59||48|
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