The dynamic and highly competitive internship season at IIT Bombay has also given mixed results, as it has closed now. As was covered by some media sources, the highest annual package comes at an interesting figure of Rs. 23.5 Lakhs while the lowest package price drops down to Rs. Four hundred thousand. Ten students accepted offers with salaries ranging between rupees Four hundred thousand to six lakhs. However sources pointed out that, slowly the second phase of job placement commenced and post April it really picked up. In total, however, 558 out of 123 companies offered greater than Rs. 20 lakhs per annum to 230 quotations while offers between Rs. 16.75 Lakhs Rs 20 Lakhs per annum. Although there are first reports indicating that 75 % of students were placed, the elective most of the unplaced students were also able to find other forms of employment as well.
On the other side in May 2024 media induments were putting it that the placement results of IIT Madras were better. As of the end of May 2024, 90 of BTech and double degree grads have placements. As on 30th April 2024, over 80 percent of BTech Double Degree students and over 75 percent of Masters students have been placed. , A total of 1,091 students received job offers from 256 companies. The median earning is Rs. 19.6 lakhs and the mean salary stands at Rs. 22lakh so, the demand for the IIT Madras graduated is quite high.
Class record : IIT Bombay vs IIT Madras
So the institution which is better in terms of placement record is which? Following is the latest 3 year data for two institutions published by the National Institutional Ranking Framework (NIRF).
IIT Bombay vs IIT Madras: Placement comparison in 4-year UG courses
IIT Bombay has more graduates and placements compared to IIT Madras for the years under consideration from 2020 to 2023. This branch has a total of 663 graduates out of which 500 graduates manga to get a median Agency income of Rs 1,392,000 163 are still in education. Students of IIT Madras on the other hand had 338 graduates from which 292 earned over Rs 1.5 million degree with 17 of them in further studies. For the year 2021-22, IIT Bombay graduated a total of 674 students this time with 591 of the graduates taking home a median retainer of Rs 18 Lakhs while together with this, IIT Madras had 388 students who attained degree holders worth Rs 1.7 million where 78 of the graduates were in higher learning. By 2022-23, IIT Bombay completed 798 graduates wherein 644 completed their degrees with Rs 1.63million and IIT Madras completed 638 grades with 496 earning Rs. These are 1.634 million cis. Out of the graduates, the median salary at IIT Bombay increased remotely to Rs 100 Cr in the year 2021-22. It upped this to Rs. 1.8 million up from Rs 13.9 million the last bump. Every year, more and more students are pursuing higher education in IITB.
IIT Bombay vs IIT Madras: Placement comparison in 5-year UG courses
In 5-year courses of study which are also offered in IIT Madras, the trends shows that there have been increased number of graduates between the years 2020 and 2023, and even higher placement levels. Complimenting the above referenced events, the following statistics were presented: the number of graduates from IIT Madras in545 was 385 out of which 325 were used to earning money over 17.07 lakhs while from Bomber766 out of which209 had a tuition fee 1.85 million. In terms of peak employment and employment median salaries the two institutions experienced differences as one trimester record Ct the Bureau employed160. By comparison, 426 graduated from Madras IIT earned2120lacs. In Rs 18.9 Million. What more students are coming in for higher education in IIT Madras every year shows the academics and employability strength of the institution as well.
