The Indian Wire » Education » IIT Bombay Placements end: MBA Graduates receive Rs 32.4 Lakh top Package

IIT Bombay Placements end: MBA Graduates receive Rs 32.4 Lakh top Package

IIT Bombay

The Highest Package offered by Shailesh J Mehta School of Management (SJMSOM) and IIT Bombay remained the same, as the CTC of Rs 32.4 lakh this year in its final placement. Since the highest package remains the same, the average CTC has observed an increase. Last year the average CTC was observed to be Rs 19.06 lakh, now it has been increased to Rs 20 lakh.

Statement by IIT Bombay stated all MBA students of 2019 batch have been placed during the placement drive this year happened in December 2018. The number of students to be placed this year is 109. All total 38 companies have made 112 offers this year which remains the same as last year when 112 offers were made to 107 students.

Head of SJMSOM, Professor S Bhargava, said: “We have again succeeded in providing the industry with talented students in a plethora of roles and functions, and strengthening of long-lasting relationships with our legacy recruiters, along with an influx of new recruiters, which resulted in excellent packages for students. We have rapidly advanced in our pursuit of excellence with the same being reflected in the stupendous growth of average packages. These numbers are a testament to the robust pedagogy followed by SJMSOM.”

This year along with the old ones, some new recruiters like OYO, Tata Global Beverages, HSBC has also come down during the placement drive to offer jobs to the batch.

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