A week into placement season at the Indian Institute of Technology (IIT) Bombay, over 1,000 job offers have been made, with over 250 companies—domestic as well as international—participating in the process. On Day 1 itself, there were approximately 350 offers and 278 students accepted offers. While Uber made the highest international offer with a $2.74 lakh per annum package, the next in line was by Rubrik with a $1.21 lakh per annum. Among domestic offers, Millennium has offered a Rs 62 lakh per annum package followed by WorldQuant with Rs 51.71 lakh per annum and Blackstone with Rs 46.62 lakh per annum.

Increase in selections

According to information provided by the PRO at IIT-Bombay, the placement season started off this year on a good note. In fact, on Day 1, selections were a record, with approximately 350 offers and 278 students accepting offers. There were 29 offers from 10 international companies from a total of 51 companies which participated on Day one. The trend continued the following days showing an increase in the selections this year compared to last year’s placement season.