Want to know how much IIT Bombay CSE graduates earn? You’re in the right place! The Computer Science and Engineering (CSE) department at IIT Bombay is one of the most prestigious programs in India, consistently attracting top recruiters and high-paying job offers. With salaries soaring and global opportunities expanding, it remains a dream destination for tech aspirants.
With the most recent complete placement data from the 2023-24 batch, let’s dive into salary trends, highest packages, and recruiter preferences.
IIT Bombay CSE Placements Overview (2023-24)
The placement rate for IIT Bombay CSE graduates was an impressive 90.5%, making it one of the highest across all departments. With over 230 students placed, the demand for IIT Bombay’s CSE graduates remains strong.
The average salary (CTC) for IIT Bombay in 2023-24 stood at ₹23.5 LPA, while the median salary was ₹17.9 LPA. However, for CSE students, these figures tend to be significantly higher due to the lucrative nature of the tech industry.
IIT Bombay CSE Salary Packages
| Degree | Median Salary (₹ LPA) | Average Salary (₹ LPA) (Estimated) | Highest Package |
|---|---|---|---|
| B.Tech (CSE) | ₹19.6 lakhs | ₹25-₹30+lakhs | ₹1.68 Cr(domestic), ₹5.4 Cr (international) |
| M.Tech (CSE) | ₹14-₹18 lakhs | ₹18-₹25 lakhs | ₹30-₹40+Cr |
| Ph.D. (CSE) | Variable | ₹20-₹30 lakhs | High (for R&D/Industry roles) |
Highest and Lowest Salary Offers
- Highest Package (International): ₹5.4 crore per annum (CTC)
- Highest Package (Domestic): ₹1.68 crore per annum (CTC)
- Lowest Salary (Institute-wide): ₹4 LPA (only a small percentage, mainly in non-tech fields)
Comparison of Domestic vs. International Offers
The international placement scene at IIT Bombay remains competitive, with 78 international offers made during the 2023-24 season. The majority of international offers were for tech roles, particularly in Japan, Europe, and the United States.
Meanwhile, in India, several CSE students secured ₹30-60 LPA offers from top companies in fintech, AI, and software development.
Top Recruiters and Job Sectors
IIT Bombay CSE graduates were recruited by leading tech firms, fintech companies, and consulting firms. The major recruiters included:
- Tech Giants: Google, Microsoft, Amazon, Meta, NVIDIA
- FinTech & Trading Firms: Goldman Sachs, Morgan Stanley, Tower Research
- R&D & Semiconductor Companies: Qualcomm, Texas Instruments, Intel
- Consulting & IT Services: McKinsey, Bain, BCG, Accenture
The most common job roles offered to CSE graduates included:
- Software Engineer & Developer
- Data Scientist & AI/ML Engineer
- Quantitative Analyst (Fintech)
- Product Manager & System Architect
Internship & Pre-Placement Offers (PPOs)
Internships are a crucial part of the placement process at IIT Bombay, especially for CSE students. In 2023-24, 1,267 internships were facilitated, including 242 for CSE students. Additionally, 300 PPOs (Pre-Placement Offers) were extended, of which 258 were accepted before the final placement season.
Year-over-Year Salary Trends
IIT Bombay’s placement performance has been improving steadily. The average salary package has increased from ₹21.5 LPA in 2021-22 to ₹23.5 LPA in 2023-24. The number of crore-plus salary offers has also increased, with 22 students receiving packages above ₹1 Cr in 2023-24, compared to 16 in the previous year.
Why IIT Bombay CSE Remains a Top Choice
With a near-100% placement rate, consistently high salary packages, and global job opportunities, IIT Bombay’s CSE program remains one of the best in India. Graduates benefit from the institute’s strong recruiter network, cutting-edge research, and a reputation that attracts top-tier employers.
Whether it’s software development, AI, fintech, or research, IIT Bombay CSE students continue to secure some of the most lucrative and prestigious positions in the job market.
