IIT Bombay Mumbai Project Manager Salaries by 10+ Employees

3 - 21 years exp.

₹6.6 Lakhs - ₹12 Lakhs

Avg. annual salary

Monthly In-hand Salary

56% less than the average Project Manager Salary in Education & Training Companies for 3 - 21 years of experience

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Salaries in different departments

Research & Development Project Manager Salary 3 - 8 years exp. (4 salaries)	₹6.6 L/yr - ₹8.2 L/yr
Project & Program Management Project Manager Salary 5 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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Administration & Facilities Project Manager Salary 12 - 21 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.2 L/yr
Sales & Business Development Project Manager Salary 9 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹8 L/yr

Last Updated: 9 Aug 2024

Companies similar to IIT Bombay for Project Manager in Mumbai

IIT Bombay Project Manager Salary

3 - 21 years exp. (17 salaries)

₹6.6 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
Aptech Project Manager Salary 5 - 17 years exp. (6 salaries)	₹7.3 L/yr - ₹18 L/yr 20% more
NIIT Project Manager Salary 6 - 13 years exp. (4 salaries)	₹6 L/yr - ₹12.3 L/yr 44% more
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Capgemini Project Manager Salary 8 - 21 years exp. (436 salaries)	₹9 L/yr - ₹28 L/yr 128% more	5 job openings
TCS Project Manager Salary 3 - 21 years exp. (433 salaries)	₹6.8 L/yr - ₹23.6 L/yr 82% more
Accenture Project Manager Salary 5 - 20 years exp. (327 salaries)	₹9 L/yr - ₹35.5 L/yr 140% more	2 job openings

Project Manager salary at IIT Bombay ranges between ₹6.6 Lakhs to ₹12 Lakhs per year for employees with experience between 3 years to 21 years. Salary estimates are based on 17 latest salaries received from various employees of IIT Bombay.

Experience wise IIT Bombay Project Manager salaries in Mumbai

Last Updated: 9 Aug 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
4 years (3 salaries)	₹7.2 L/yr - ₹10.5 L/yr
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5 years (3 salaries)	₹6.8 L/yr - ₹14.3 L/yr
6 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
7 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
8 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr
9 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.4 L/yr
10 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
11 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.5 L/yr
12 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
13 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
14 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
15+ years (3 salaries)	₹3.5 L/yr - ₹10.2 L/yr

View all

Similar Designation salaries in IIT Bombay

Senior Project Manager Salary

(11 salaries)

₹9.8 L/yr - ₹18.6 L/yr

Program Manager Salary

(3 salaries)

₹7 L/yr - ₹15 L/yr

Technical Project Manager Salary

(3 salaries)

₹6.7 L/yr - ₹10.3 L/yr

Product Manager Salary

(3 salaries)

₹8 L/yr - ₹18 L/yr

Top skills at IIT Bombay for Project Manager

Project Management Physics Commissioning Instructional Design Water Supply Technical Consultancy Project Management System Architecture Electrical Engineering Project Management Consultancy Electricals Chemistry

Salary related reviews for IIT Bombay

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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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IIT Bombay Project Manager Salary FAQs

What is the salary of Project Manager at IIT Bombay in Mumbai?

The average salary of a Project Manager at IIT Bombay in Mumbai typically ranges from ₹6.6 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 3 years to 21 years).

The top 10% of Project Manager in Mumbai at IIT Bombay earn more than ₹10.4 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Project Manager Salaries at IIT Bombay can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ IIT Bombay employees in India.

What is the estimated take home salary of a Project Manager at IIT Bombay in Mumbai?

The estimated take-home salary of a Project Manager at IIT Bombay in Mumbai typically ranges from ₹61,398 to ₹62,954 per month. This is based on the average salary range of ₹6.6 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 3 years to 21 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of IIT Bombay. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Project Manager at IIT Bombay in Mumbai?

To be a Project Manager at IIT Bombay in Mumbai, the key skills required include:

- Project Management
- Physics
- Commissioning
- Instructional Design
- Water Supply

These skills are highly valued at IIT Bombay and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than IIT Bombay for Project Manager in India?

Accenture	₹9.0 Lakhs to ₹35.5 Lakhs per year
Capgemini	₹9.0 Lakhs to ₹28.0 Lakhs per year
TCS	₹6.8 Lakhs to ₹23.6 Lakhs per year
NIIT	₹6.0 Lakhs to ₹12.3 Lakhs per year
Aptech	₹7.3 Lakhs to ₹18.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IIT Bombay, depending on the role and experience level.

How the salary growth look like for a Project Manager at IIT Bombay in Mumbai?

The salary growth for a Project Manager at IIT Bombay in Mumbai depends on factors such as experience, performance, and promotions. On average, a Project Manager in Mumbai can expect the following growth trajectory at IIT Bombay:

Experience	Average Salary Range
3 years	₹7.1 Lakhs to ₹9.0 Lakhs per year
4 years	₹7.2 Lakhs to ₹10.5 Lakhs per year
5 years	₹6.8 Lakhs to ₹14.3 Lakhs per year
6 years	₹7.2 Lakhs to ₹9.2 Lakhs per year

and so on.

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IIT Bombay Project Manager Salaries in Mumbai

IIT Bombay Project Manager salary in Mumbai ranges between ₹6.6 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 IIT Bombay latest salaries received from various employees of IIT Bombay.