IIT Bombay Salary: What Graduates Earn and Where They Work

When people talk about IIT Bombay, India’s most prestigious engineering institute, known for its rigorous academics and top-tier industry placements. Also known as Indian Institute of Technology Bombay, it’s not just a degree—it’s a launchpad into high-paying careers across the globe. The question isn’t just whether IIT Bombay is hard to get into—it’s what happens after you graduate. The salary numbers you hear? They’re real. And they’re not just about tech jobs in Bangalore or Hyderabad. IIT Bombay graduates are leading teams at Google, Microsoft, and Apple, starting billion-dollar startups in Silicon Valley, and even running hedge funds in New York.

What drives those salaries? It’s not just the name on the diploma. It’s the placement ecosystem, a tightly connected network of recruiters, alumni, and corporate partners that actively targets IIT Bombay for top talent. Companies don’t just show up for campus drives—they compete. The average starting salary for IIT Bombay engineering graduates in India hovers around ₹20–25 lakhs per year, but top performers in AI, machine learning, or quant finance regularly hit ₹40–60 lakhs. Overseas, in the U.S., median packages for IIT Bombay grads often exceed $150,000, especially in roles at FAANG companies or top-tier hedge funds. And it’s not just software. Graduates in mechanical, chemical, and design engineering also land roles at Tesla, Boeing, and McKinsey with salaries that rival their CS peers.

The real difference? IIT Bombay doesn’t just train engineers—it builds problem-solvers who think like founders. That’s why so many alumni end up founding unicorns like Ola, Zomato, and Razorpay. Their salaries aren’t just from jobs—they’re from equity, stock options, and ownership. And if you’re wondering whether you need to be in software to make it big? Think again. IIT Bombay grads are leading R&D at NASA, designing next-gen semiconductors at Intel, and even advising governments on energy policy. The path isn’t one-size-fits-all, but the earning potential? It’s consistently among the highest in India.

Below, you’ll find real stories and data from IIT Bombay alumni who made it big—whether they stayed in India or moved abroad. You’ll see which roles pay the most, what skills actually matter after graduation, and how the right first job can set you on a path to seven figures. No fluff. Just what works.