As 36% of students fail to get placed in IIT Bombay this year, people raise concerns over employment

In the backdrop of a tumultuous job market, concerns loom large over employment prospects for recent graduates, with IIT Bombay, one of India's premier institutes, bearing the brunt of the downturn. Despite its prestigious status, the institute has encountered significant hurdles in securing placements for its graduating class of 2024.

Recent reports indicate that out of the approximately 2,000 students who enrolled for placement assistance, a staggering 36%—amounting to 712 students—are still on the hunt for job opportunities. This development marks a departure from the institute's previous track record, where it consistently ranked among the top institutions in the country for placements.

Traditionally, IIT Bombay's computer science and engineering branch boasted a flawless record of 100% placements. However, this year has seen a deviation from the norm, reflecting the broader challenges plaguing the job market. An official from the institute's placement cell attributed this setback to the global economic downturn, citing companies' reluctance to commit to predetermined salary packages.