The 2024 placement season at the Indian Institute of Technology (IIT) Bombay concluded with an average annual package of ₹23.5 lakh, marginally up 7.79% compared with last year's ₹21.8 lakh. The lowest package so far at the institute dropped to ₹4 lakh per annum from ₹6 lakh. As many as 22 offers of more than ₹1 crore were accepted.