IIT Bhubaneswar is a budding institution. The institute now ranks 17th according to the NIRF rankings. The placement percentage for this institute is increasing every year. Famous companies like Maruti Suzuki, L&T ECC, and Belcan visit the college for the campus placements. In 2019, the placement rate of the mechanical department was around 83%. Whereas the average placement percentage for postgraduate courses was 69%. The highest package offered to a mechanical student at IIT BBS was 39 lacs per annum. The average offer was 11 lacs per annum. Mechanical Engineering at IIT BBS has had a constant placement rate with a sudden hike in 2018. More than 110 students were recruited from the 2019 batch. MTech students also got placed in renowned organizations such as Amazon, Microsoft, BHEL, DRDO, Hindalco Industries, NTPC, Aditya Birla Group, etc. last year.