IIT-Bombay Placement: Rs 32.4 lakh Top Package for MBA Graduates


This news is all about IIT Bombay placement and the highest package offered to the students was 32.4 lakh. However, an increase has been seen in the average CTC. This year’s average CTC offered to the grad students is higher than the CTC that was offered last year. The head of the IIT Bombay management institute also mentioned that they have provided extremely talented manpower to the industry that can perform a multitude of functions.

The highest package that was secured by the MBA graduates last year Rs 22.4 lakh. This year also the management students from IIT Bombay have received a package of 32.4 lakh this year. Although this year, an increase in the average CTC offered to the MBA graduates has been seen. Previous year, the candidates were seen earning an average CTC of 19.06 lakh per annum but this year the average annual package offered has exceeded the limit of Rs 20 Lakh. This statement was recently issued by IIT Bombay.

Job opportunities for MBA graduates

All the MBA graduate students belonging to the 2019 batch got placed during the last placement drive that lasted for 3 days in the month of December. Around 38 organizations gave more than 112 job opportunities. In the past year, 112 offers were made to a batch that had 107 students.

Other than the legacy recruiters, the management institute also witnessed recruiters like Tata global beverages, HSBC, OYO.  

All about IIT Bombay SJMSOM:

The head of SJMSOM stated that they have again been successful in providing the most talented manpower to the industry. As these students can perform multiple job roles and functions and will also strengthen long term relations with the legacy recruiters. Legacy recruiters together with a large number of new recruiters have offered excellent packages to the MBA graduates.

The SJMSOM institute has made rapid progress which is clearly reflected in the increasing number of average packages every year. This is the result of strong schedules being followed by the SJMSOM. In the previous year, 20% of the students received offers equivalent to Rs. 25.24 lakh but if you consider top 50 percent graduates, then they got an offer worth Rupees 22.59 lakh.

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Date: 17 Dec 2019

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