Why are IIT Bombay students not placed?

IIT Bombay students facing placement challenges is due to a mix of global economic slowdown, reduced hiring by major IT firms (like Wipro, Infosys), increased focus on specialized skills over general degrees, and the impact of AI reducing traditional roles, though IIT Bombay clarified that the actual unplaced percentage (around 5-8% seeking jobs) is much lower than media reports, attributing the issue to market shifts rather than lack of demand for top talent.

How many students did not get placement in IIT Bombay?

Around 36% of students from the latest batch at IIT Bombay have not secured jobs during the 2024 placement season. Despite the high expectations from the placement season, which occurs in December and post-February, 712 out of approximately 2,000 students registered for placements are yet to find employment.

How many IIT Bombay students are unemployed?

8,000 IITIANS UNEMPLOYED; IIT BOMBAY SEES MINIMUM PAY DROP TO ₹4 LPA. Despite IIT Bombay's 2023-24 placement season achieving a 75% success rate, with an average CTC of ₹23.5 LPA, the overall scenario across IITs is concerning.

Who got the 4.3 crore package?

In a landmark achievement, a student from IIT Madras received a pre-placement offer (PPO) worth over ₹4.3 crore from Jane Street, a renowned Wall Street trading firm.

Did Mukesh Ambani study in IIT Bombay?

Mukesh Ambani - Yeah, you read the name right. Mukesh Ambani, India's richest person since 2008, cleared IIT-JEE and joined IIT Bombay. It is believed that he left IIT-B to join ICT, Mumbai (then UDCT) to pursue Chemical Engineering as the Inter-Science results were announced a few weeks later.

IIT JEE Tips from AIR 15 🔥

Has Srk cracked IIT?

Shah Rukh Khan cracked IIT entrance exam, never pursued engineering: 'My mom said show it to me and I did'

Who is the richest engineer in India?

Engineers Day is celebrated every year on 15 September in India. Mukesh Ambani, the Chairman of Reliance Industries is the richest engineer of India. Mukesh Ambani completed Chemical Engineering from the Institute of Chemical Technology (ICT) in Mumbai.

Who has 17500 crore salary?

( Jagdeep Singh 48 crore daily income, Indian-origin CEO Jagdeep Singh, Indian leaders in EV industry, 17500 crore salary, Indian-origin CEO success story, Who is Jagdeep Singh?, EV battery innovation ) #jagdeepsingh #trendingreels #founder #mangeshshinde #thewillpowerstar.

Which is the no. 1 high salary job in India?

Top 11 Highest Paying Jobs in India in 2025

• Doctor / Surgeon. Average Salary: ₹20–50 LPA. ...
• Chief Executive Officer (CEO) Average Salary: ₹30 LPA to ₹1 Cr+ ...
• AI / Machine Learning Specialist. Average Salary: ₹18–40 LPA. ...
• Data Scientist. ...
• Product Manager. ...
• Management Consultant. ...
• Investment Banker. ...
• Cloud Architect.

What did Jane Street offer to IIT students?

Shockingly, just months before SEBI's order, Jane Street had offered an astonishing ₹4.3-crore annual salary package to a student from IIT Madras. This pre-placement offer was the highest package recorded during the season at IIT Madras and had attracted significant attention.

Why is Gen Z struggling to get jobs?

Gen Z struggles to get jobs due to a tight market with fewer entry-level roles, increased competition from older workers staying longer, and employer perceptions of unpreparedness or entitlement, compounded by AI screening out candidates and "ghost jobs" filling up applications, creating a tough environment with high expectations but limited opportunities for experience. 

Which country is no 1 in unemployment?

While rankings can vary slightly by source and year, Eswatini (Swaziland) and South Africa consistently appear as having the highest overall unemployment rates globally, often around 30-35% or higher, with other nations like Djibouti, Botswana, Gabon, Libya, Yemen, and Namibia also facing severe challenges, especially for youth.
 

How many percentage of Iitians leave India?

Around 35% of Indian Institute of Technology (IIT) graduates reportedly choose to settle abroad, while a majority of those who remain in India end up working for foreign multinational corporations (MNCs).

What is the lowest package of IIT Bombay?

The lowest salary package offered was ₹4 lakh per annum, down from ₹6 lakh last year, with ten students accepting offers in this range.

Does Apple visit IIT Bombay?

Global companies, including Silicon Valley tech giants such as Apple, Microsoft, and Google, arrived on Day 1 of the first phase of the placement season at IIT Bombay, according to student sources.

Do all IIT Bombay students get jobs?

MUMBAI: Every year, students from the Indian Institute of Technology (IIT) look forward to the placement season – December and post-February – with an eye on big-ticket jobs. However, in IIT-Bombay this year, 712 of around 2,000 students registered for the 2024 placements – about 36% – are yet to secure jobs.

Who gets 1 crore salary in India?

Most people with a 1 crore salary sit at the top rungs—think of mid- to senior-level managers, directors, and executives, especially in super competitive industries. You'll spot them in metros like Bengaluru, Mumbai, Hyderabad, and Gurgaon more than anywhere else, because that's where the money and innovation flow.

Which jobs pay 2 lakhs per month in India?

2 lakh salary per month jobs

• PMT HEAD (VETERINARY PHARMA) ...
• Factory Head. ...
• Chief Engineer (Hotel) ...
• Quality Control (QC) Executive / Officer. ...
• Accounting Trainee. ...
• HR Executive (Male ) ...
• ME / MTech - Assistant & Associate Professor (Computer Science Background Only)

What are the most stressful high paying jobs?

A high salary can offset a high-pressure role, but it's important to consider other factors such as your physical and mental health. The health care field holds many of the most stressful jobs, but social services and construction also include demanding roles.

What is a top 1% salary in India?

To be in India's top 1% income bracket, you generally need an annual income of around ₹45-55 lakhs (₹4.5-5.5 million), though figures vary by source and year, with some estimates placing the entry point at ₹3.6-3.75 lakhs per month or ₹21-22 lakhs per year. This places you significantly above the average Indian income, which is much lower, highlighting vast income disparity, with some reports showing the top 1% holding a massive share of national wealth. 

Which career takes you to 1 crore faster?

Meanwhile, skilled professionals in tech, finance, sales, and content creation can make ₹1 crore in just a few years.

What is the salary of Sundar Pichai in India?

Salary Sundar Pichai

Sundar Pichai (CEO - Alphabet Inc. & Google - United States) earns a salary of ₹79,88,03,713.00 per year.

Which actor is engineer?

Sonu Sood

Sonu Sood was born in May 1973 to a entrepreneur and a teacher. He was born in Moga, Punjab but was raised in Nagpur. He has two sisters. He is an engineering graduate.

Are ambanis vegetarian?

Mukesh Ambani is a strict vegetarian and teetotaler. During the fiscal year ending 31 March 2012, he reportedly decided to forgo nearly ₹240 million from his annual pay as chief of Reliance Industries Ltd (RIL).

Which surnames are rich in India?

Agarwal and Gupta dominate the list, followed by Patel, Jain, Mehta, Goenka, and Shah. This isn't just a matter of luck. It's the result of decades of family-run enterprises, early access to capital, strong business networks, and long-term generational planning.