IIT Bombay Finance & Accounting Salaries by 40+ Employees (Updated 2025)

Designation	Avg Annual Salary	Open Jobs
Administration Executive 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
Starting your career? Discover IIT Bombay fresher salaries in India
Clerk 5 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Starting your career? Discover IIT Bombay fresher salaries in India
Trainee 3 years exp. (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
Starting your career? Discover IIT Bombay fresher salaries in India
Finance Assistant 1 year exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
Starting your career? Discover IIT Bombay fresher salaries in India
Junior Accounts Manager 6 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
Starting your career? Discover IIT Bombay fresher salaries in India
Accounts Manager 19 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
Starting your career? Discover IIT Bombay fresher salaries in India
Office Clerk 4 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
Starting your career? Discover IIT Bombay fresher salaries in India
Clerk and Typist 4 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
Starting your career? Discover IIT Bombay fresher salaries in India
Investment Banking Analyst 1 year exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
Starting your career? Discover IIT Bombay fresher salaries in India

What people are saying about IIT Bombay

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Salary related reviews for IIT Bombay

5.0

Rated by 2 employees for salary & benefits

Project Research Engineer in Mumbai

Full Time

Aviation & Aerospace Department

5.0

• posted on 31 Jan 2025

4.0

for Salary and Benefits

Likes

Work-life balance at IIT is one of the key highlights along with vast number of opportunities for collaborations with researchers are helpful for skill development.

Salary - Good

+4 more

Dislikes

Pay scales are fixed, frequency of hikes and hike percentage are low and slow

Research Associate in Mumbai

Full Time

Research & Development Department

4.0

• posted on 12 Dec 2023

3.0

for Salary and Benefits

Likes

Realising our potential. Knowing our endurance here. Lots of tools and equipment available to explore

Skill development - Excellent

+2 more

Dislikes

Work life balance is little difficult. Salary benefits are difficult to manage with food and accomodation. Inside campus mess itself costlier.

Promotions - Bad

Senior Technical Assistant in Mumbai

Consulting Department

4.0

• posted on 17 Apr 2021

3.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Skill development - Good

+3 more

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joinees.

Assistant Professor in Mumbai

Physics Department

4.0

• posted on 04 May 2021

3.0

for Salary and Benefits

Likes

Good research environment and ability to work with the brightest minds in India. Good benefits and work life balance.

Skill development - Excellent

+5 more

Dislikes

Salary if significantly low for the requisite skill and talent set, especially compared to similar positions abroad.

Sr. TECH ASST. IT in Mumbai

Other Department

4.0

• posted on 07 Aug 2020

3.0

for Salary and Benefits

Likes

Project staff and temporary employees shuld pf account and get other allowences .pls colse the consolidated salary .I support the management and follow the rules of government covid 19 and I seggest to that organization working from home ,create the crm system for online work and quick response almost we can know how much time will be compltion .for students my opinion start take lutures by on-line.

Skill development - Good

+4 more

Dislikes

...ect employees and contracts basis employees at least should 3 Y contract , pls should be change the Consolidated salary system and shuld get the pf , others allowences of employment

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IIT Bombay interview questions by designations

Junior Research Fellow (3)Research Assistant (2)Research Engineer (2)Project Engineer (2)

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IIT Bombay Salary FAQs

How much does IIT Bombay pay per year?

The average IIT Bombay salary ranges from approximately ₹0.2 Lakh to ₹1.1 Lakh per year for a International Business Development Manager and ₹13.5 Lakhs to ₹48.6 Lakhs per year for a Assistant Professor. Salary estimates are based on 48 IIT Bombay salaries received from various employees of IIT Bombay. IIT Bombay employees rate the overall salary and benefits package 5.0/5 stars.

What is the highest salary in IIT Bombay?

The highest-paying job at IIT Bombay is a Assistant Professor with a salary of ₹13.5 Lakhs to ₹48.6 Lakhs per year. The top 10% of employees earn more than ₹12 lakhs per year. The top 1% earn more than a whopping ₹40 lakhs per year.

What is the minimum salary in IIT Bombay?

Minimum salary at IIT Bombay depends on the role you are applying for. For Research Assistant the minimum salary is ₹1.5 Lakh to ₹5.9 Lakhs per year, and for Project Research Assistant the minimum salary is ₹3.5 Lakhs to ₹5 Lakhs per year and so on.

What is the salary package for freshers in IIT Bombay?

The average salary at IIT Bombay for freshers varies from ₹1 Lakh to ₹7 Lakhs per year for Research Intern and ₹7 Lakhs to ₹12.2 Lakhs per year for Post Doctoral Fellow.

What is the notice period at IIT Bombay in Finance & Accounting Department?

According to AmbitionBox, 69% of the IIT Bombay employees in Finance & Accounting Department reported a notice period of 1 Month, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

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IIT Bombay Finance & Accounting Salaries by Location

Average annual salary in Finance & Accounting department at IIT Bombay is INR . Salary estimates are based on 48 IIT Bombay latest salaries received from various employees of IIT Bombay.