IIT Bombay Mumbai Master Student Salaries by 3 Employees (Updated 2025)

0 - 6 years exp.

₹4.5 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

33% more than the average Master Student Salary in Education & Training Companies for 0 - 6 years of experience

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Salaries in different departments

Marketing & Communication Master Student Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
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Research & Development Master Student Salary Fresher (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 12 Sep 2024

Master Student salary at IIT Bombay ranges between ₹4.5 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 3 latest salaries received from various employees of IIT Bombay.

Experience wise IIT Bombay Master Student salaries in Mumbai

Last Updated: 12 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in IIT Bombay

Research Scholar Salary

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₹3 L/yr - ₹10 L/yr

Research Assistant Salary

(38 salaries)

₹2 L/yr - ₹5.85 L/yr

Research Scientist Salary

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₹3.75 L/yr - ₹13.07 L/yr

Junior Engineer Salary

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₹4 L/yr - ₹14 L/yr

Salary related reviews for IIT Bombay

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

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.

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.

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

Project Intern in Mumbai

Intern

Engineering - Software & QA Department

5.0

• posted on 05 Feb 2020

5.0

for Salary and Benefits

Likes

the company is open to innovation.and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base.

Salary - Excellent

+6 more

Dislikes

Compensation is high and growth is fast.

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2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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IIT Bombay Master Student Salary FAQs

What is the notice period for Master Student at IIT Bombay in Mumbai?

According to AmbitionBox, 100% of the IIT Bombay Master Students in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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IIT Bombay Master Student Salaries in Mumbai

IIT Bombay Master Student salary in Mumbai ranges between ₹4.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IIT Bombay latest salaries received from various employees of IIT Bombay.