New Updates About IIT Madras
IIT Madras Placement
IIT Madras MBA Placement concluded with a 100% placement rate. The MBA graduates received the Highest Salary Package at Rs. 29.65 LPA and the top 25% Average Package at Rs. 21.89 LPA. The IIT Madras Median Package is Rs. 16.39 LPA, and the Average Salary Package is Rs. 16.93 LPA.
The IIT Madras Placement Process involved 32 companies offering roles in Analytics, General Management, and Finance. Notable new recruiters included NTT Data, Garuda Aerospace, and Forge, alongside regular recruiters like P&G, McKinsey, and Accenture.
About IIT Madras Placements 2024: Phase 1 of IIT Madras Placements 2024 has concluded with 55% student placements. As per the Media report, the IIT Madras Median package is Rs. 19 LPA. Further, the institute boasts a 19% rise in core placements & a hike in international PG offers, compared to last year. The Final Phase preparations for the IIT Madras Placements have been started.
The IIT Madras Highest Package offered to B.Tech during the Placements in 2023 was Rs. 1.31 Crore Per Annum. The Median package stood at Rs. 17 LPA. However, the Highest Package for M.Tech was Rs. 49.70 LPA. Top recruiters such as Microsoft, Goldman Sachs, McKinsey & Company, etc. have offered 1612 offers during the placements.
IIT Madras Placements 2024: MBA Final Placement Report
IIT Madras MBA Placement concluded with a 100% placement rate. The MBA graduates received the Highest Salary Package at Rs. 29.65 LPA and the top 25% Average Package at Rs. 21.89 LPA. The IIT Madras Median Package is Rs. 16.39 LPA, and the Average Salary Package is Rs. 16.93 LPA.
| Particulars | IIT Madras MBA Placements 2024 |
| Placement Rate | 100% |
| Number of Recruiters | 140+ |
| Number of Students Registered | 84 |
| Male Students (%) | 65% |
| Female Students (%) | 35% |
| Freshers Candidate Percentage | 48% |
| Experienced Candidate Percentage | 52% |
| Average Experience | 1.1 Years |
| Highest Salary Package | Rs. 29.65 LPA |
| Top 25% Average Salary Package | Rs. 21.89 LPA |
| Average Salary Package | Rs. 16.93 LPA |
| Median Salary Package | Rs. 16.39 LPA |
| PPOs Percentage | 37% of the Batch |
| Highest Package (MS Batch) | Rs. 20 LPA |
| Average Package (MS Batch) | Rs. 14.37 LPA |
| Median Package (MS Batch) | Rs. 14. 75 LPA |
| Highest Package (Tech MBA Batch) | Rs. 48.29 LPA |
| Average Package (Tech MBA Batch) | Rs. 27.37 LPA |
| Median Package (Tech MBA Batch) | Rs. 21.59 LPA |
| Top Recruiters | Qualcomm, Honeywell, Microsoft, Goldman Sachs |
IIT Madras Placements 2024: MBA Domain-wise Placement
IIT Madras MBA Domain-wise placements were in Analytics/IT, Sales & Marketing, Finance, General Management, and Operations. Roles offered ranged from Associate Consultant to Data Scientist and Business Analyst. The report also provides contact details for the Placement Manager at DoMS IIT Madras.
| Course | Placement Percentage 2024 | Roles Offered |
| Analytics/ IT | 31% |
|
| Finance | 28% |
|
| General Management | 20% |
|
| Sales & Marketing | 12% |
|
| Operations | 9% |
|
IIT Madras Placement Report 2024
IIT Madras Placements 2024 has concluded with a 55% placement rate. The Median Package during the placements was Rs. 19 LPA. Check out the table below for the IIT Madras Placements 2024 details.
| IIT Madras Placements 2024 | Statistics |
| Median Package | Rs. 19 LPA |
| Students Placed | 55% |
| Internship Offers | 19% increase from last year |
| Top Recruiters | Microsoft, JP Morgan, McKinsey & Company |
IIT Madras Summer Internship Placement Report 2024
IIT Madras invites for the summer fellowship program applications for the academic year 2024-2025. Interested candidates must submit the application form by 5 pm on 31 March 2024. A maximum stipend of Rs. 6000 per month stipend will be offered to all the selected candidates for this 2-month Summer Fellowship program.
However, check out the IIT Madras summer internship placement report 2023- 2024. It had received 778 offers from 140+ recruiting companies and 231 PPOs (Pre-Placement Offers). Last year, the total number of offers was 858.
| Particulars | Summer Internship Statistics 2023 | Summer Internship Statistics 2024 |
| Number of Recruiters | 146 | 140+ |
| Number of Students Registered | 1330 | 1397 |
| Total Number of Offers | 858 | 778 |
| Highest Stipend | Rs. 2 Lakhs per month | Rs. 2 Lakhs per month |
| Lowest Stipend | Rs. 7.5 K per month | Rs. 7.5 K per month |
| Top Recruiters | AB InBev, Adobe, Flipkart, Axis Bank, Bajaj | Qualcomm, Honeywell, Microsoft, Goldman Sachs |
IIT Madras Placement Vs Top IITs Placements
The IIT Bombay received the Highest package (International) of Rs. 3.67 Crore Per Annum in 2023. However, the Domestic Highest Package was offered at IIT Kharagpur, followed by IIT Delhi.
| Institute | Highest Package | Average Package | Number of Offers |
| IIT Madras | Rs. 1.31 Crore Per Annum | Rs. 20.58 LPA | 1612 |
| IIT Delhi | Rs. 2.5 Crore Per Annum | Rs. 20 LPA | 1300 |
| IIT Bombay | Rs. 3.67 Crore Per Annum (International) Rs. 1.67 Crore Per Annum (Domestic) | Rs. 21.82 LPA | 1348 |
| IIT Kanpur | Rs. 1.9 Crore Per Annum | Rs. 25 LPA LPA | 1200 |
| IIT Kharagpur | Rs. 2.68 Crore Per Annum | Rs. 18.25 LPA | 1600 |
| IIT Roorkee | Rs. 1.30 Crore Per Annum | Rs. 18.34 LPA | 500 |
| IIT Guwahati | Rs. 2.40 Crore Per Annum (International) Rs. 1.20 Crore Per Annum (Domestic) | Rs. 25.75 LPA | 1112 |
| IIT Hyderabad | Rs. 63.78 LPA | Rs. 20.07 LPA | 586 |
| IIT Dhanbad | Rs. 56 LPA | Rs. 16.98 LPA | 1154 |
| IIT Indore | Rs. 68 LPA | Rs. 25.45 LPA | 228 |
IIT Madras Placement 2023: Course-Wise Placement
The IIT Madras’ Highest package in 2023 was Rs. 1.31 Crore per Annum. The package was offered to the B.Tech, DD, and IDDD from Computer Science and Engineering. The Median package of the M.Tech was Rs. 15 LPA.
Further, the Highest Package for the MS, M.Sc, and MBA was Rs. 54.21 LPA, Rs. 19.71 LPA, and Rs. 30.66 LPA, respectively. The IIT Madras placement 2023 concluded with the MA and Ph.D. by offering the highest package of Rs. 26.57 LPA and Rs. 35.89 LPA, respectively.
Check out the IIT Madras Placements 2023 Course-Wise details from the table below:
| Course | Highest Package | Median Package | Lowest Package |
| B.Tech, DD, and IDDD | Rs. 1.31 Crore Per Annum | Rs. 17 LPA | Rs. 6 LPA |
| M.Tech | Rs. 49.7 LPA | Rs. 15 LPA | Rs. 6 LPA |
| MA | Rs. 26.57 LPA | Rs. 10.95 LPA | Rs. 5.4 LPA |
| MBA | Rs. 30.66 LPA | Rs. 20.80 LPA | Rs. 11 LPA |
| MS | Rs. 54.21 LPA | Rs. 15 LPA | Rs. 6 LPA |
| M.Sc | Rs. 19.71 LPA | Rs. 9.62 LPA | Rs. 6 LPA |
| Ph.D. | Rs. 35.89 LPA | Rs. 15 LPA | Rs. 6 LPA |
Read More: IIT Madras Courses and Fees, IIT Madras Admission 2024 and IIT Madras Cutoff,
IIT Madras Placement 2023: Sector-Wise Placement
IIT Madras had 1612 job offers during the 2023 placements. Top Companies from various sectors were invited during this placement drive. IT/ ITES & Software sector placed the highest number of students with a 28.1% placement rate followed by the Core Engineering sector with 27.6%.
Check out the IIT Madras Sector-Wise Placements 2023 details below:
| Course | Placement Percentage 2023 | Placement Percentage 2022 | Placement Percentage 2021 |
| Core | 27.6% | 24.3% | 29% |
| IT/ITES & Software | 28.1% | 23.7% | 28% |
| Consulting | 14.3% | - | - |
| R&D | 12.1% | 8.2% | 11% |
| Analytics | 10.9% | 16.3% | 21% |
| Education | 3.1% | 1.1% | 2% |
| Finance | 2.9% | 7.9% | - |
| FMCG | 1% | - | 1% |
| Management | - | 18.4% | - |
| Others | - | - | 8% |
IIT Madras Year-Wise Placement Trends
IIT Madras Placements in 2022, more than 480 companies extended 1,491 job offers. Engineering and Technology emerged as the top sector, with 24.3% of students placed.
Many students received salary packages between Rs. 10 LPA - and Rs. 15 LPA. For B.Tech, the highest package offered was Rs. 2.14 crore per annum, and for MTech students, it was Rs. 46.08 LPA.
The median package for MS and MSc students was Rs. 15 LPA and Rs. 14 LPA, respectively. Moreover, the highest package recorded for MA and MBA courses was Rs. 22 LPA and Rs. 25.30 LPA, respectively, at IIT Madras.
Batch | IIT Madras Placements (2021) | IIT Madras Placements (2022) | IIT Madras Placements (2023) |
| Number of Companies Participated | 256 | 480+ | 480+ |
| Number of Students Placed | 725 | 1199 | 1290+ |
| Number of Offers | 1046 | 1491 | 1612 |
| Number of International Offers | - | 45 | 15 |
| PPOs | 186 | 231 | 350 |
| Highest CTC | Rs. 70 LPA | Rs. 2.14 Crore Per Annum | Rs. 1.31 Crore Per Annum |
| Median CTC | Rs. 20.58 LPA | Rs. 21.48 LPA | Rs. 21.40 LPA |
| Major Sector | Analytics / Consulting / Finance | Core Engineering, Data Science, Analytics | Core Engineering, Consulting, Software, and R&D |
| Top Recruiters | Microsoft, Qualcomm, Goldman Sachs | Bajaj Auto, Goldman Sachs, JP Morgan | Microsoft, Goldman Sachs, McKinsey & Company |
IIT Madras Placement 2023: Top Recruiters
IIT Madras has a strong industry interface, with many top companies regularly visiting the campus for recruitment. Here are some of the top recruiters for IIT Madras placement:
- Microsoft
- Amazon
- Intel
- Goldman Sachs
- Morgan Stanley
- Tata Group
- Reliance Industries
- Larsen & Toubro
- Samsung
- Apollo247
- Apple
IIT Madras Alumni Network
| Organizations | Alumni Number |
| Indian Institute of Technology, Madras | 2149 |
| Amazon | 513 |
| 457 | |
| Microsoft | 454 |
| Center For Innovation (CFI) | 285 |
Top Recruiters
3DPLM Software Solutions Limited
3S Capital
A.A.S. Technologies Pvt. Ltd
ABB Limited
Absolute Data Group
Adobe
Airbus engineering
Allseas
Altair
Amada Soft India Pvt. Ltd.
Amagi Media Labs
Amazon
American Express
Analog Devices
Ansys-Fluent India Pvt. Ltd.
APTINA IMAGING
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Aquatech Systems (Asia) Pvt Ltd
ARGA Investment Management
Arista Networks
ARM Embedded
Ashok Leyland
Atkins
Atomic Energy Regulatory Board
B-ABLE
Bank Bazaar
Bank of India
Bank of America
BeeHyv Software Solutions Pvt. Ltd
BGR Energy Systems Limited
Bharati Shipyard
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BioCon (P)Ltd.
Blue Star
BOC India Ltd
Bosch Ltd
Boston Consulting Group
Breakthrough Management Group International
Broadcom India research Pvt Ltd
Brocade
CA Technologies
Cadence Design Systems
CAE Simulation Technologies Pvt Ltd
Capital One Financial Services
Carborundum Universal Limited
Caterpillar
CD-adapco India Pvt Ltd
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Centre for Development of Telematics (CDOT)
Chronous Corporation
Chrysler India Automotive Pvt. Ltd., Chennai
Cisco
Citi Bank
Citicorp Finance India Ltd.
Citrix
Cognizant
CommVault Systems India Pvt. Ltd., Hyderabad
CoreEL Technologies
Coromandel Fertilisers Limited
Cosmic Circuits
COSMOL Multiphysics Pvt Ltd
Credit Suisse Business Analytics
CRI - VALVES - FLOW CONTROL
Cummins India Pvt Ltd
Cypress
Deep Value Technologies
Dell
Deloitte
Deutsche Bank
Dev Factory
Directi
Disquare Solutions
DRDO
Duniya Finance LLC
Easy Commerce
Eaton
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Ecologic Technologies (P) Ltd
Educational Media Research Centre
Efficient Frontier India, Chennai
EGain Communications
Egis India Consulting Engineers Pvt. Ltd
Eigi Equipment
EIL
embedUR systems
Energo Engineering Projects Limited
EPIC Systems
Ericsson India Pvt Ltd
essar group
evalueserve
Exeter Group, Bangalore
EXL Services
Facebook
Finisar Malaysia Sdn Bhd
Flex Trade
FLIPKART
Fluidyn India
Flytxt
FMC Technologies
Freescale
GALAXY
GE Healthcare
GE India Technology Centre-JFWTC
General Motors
geodesic information systems
Geometric
Global Analytics India Pvt. Ltd.
Global Scholar, Chennai
GlufTrade.com
goldman sachs
Google
HCL Technologies
Hero Motocorp
Hewlett Packard, Analytics
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Hindustan Aeronautics Limited (HAL)
Hiranandani Group of Companines
Honda R&D Co. Ltd.
Honeywell
HPCL
Hyundai Motors
IBM
ICRA
iNautix Technologies
Indian Navy
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Indian Oil Corporation Ltd (IOCL)
Infoaxe, Inc
infosys
InfoTech
InMobi
Intel Technology India Pvt Ltd
Intergraph
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ISB(CAF) Center for Analytical Finance
ISRO
Itaas India Pvt. Ltd.
ITC
Ittiam Systems
IVY Comptech
Jindal Iron & Steel
Jones Lang Lasalle
JUNIPER
K L University
Kalinga Institute of Industrial Technology
KALKI COMM. TECHNOLOGIES
KRDS Software Development Pvt Ltd
Krishna theja Educational Institutions
L & T INFOTECH
Lanxess India Pvt Ltd
Larsen & Toubro ECC Division
LATENT VIEW
Leighton Welspun Contractors Pvt. Ltd.
Lera Technology Pvt Ltd
Leslie E.Robertson Associates Consulting Ltd
Limberlink Technologies
Lotus Environments
LoudCloud Systems
Lovely Professional University
LSI Logic
Lucid Software Ltd
M. N. Dastur & Company (P) Ltd
Maas360
Mahindra & Mahindra
Marvell India Pvt. Ltd.
Marvell Technology Group
McKinsey & Co
MECON LIMITED
Mediatek
Mewar University
MICROSOFT(IT)
Mishra Dhatu Nigam Ltd, Hyderabad
Mobilemotion Technologies Pvt Ltd
morgan stanley
MphasiS
MU SIGMA
Muruguppa Group
Myntra Designs Pvt. Ltd.
Nalco
National Council for Cement and Building Materials
National Instruments
Navya Biologics Pvt Ltd
NetApp
NIIT Ltd
Nomura Services India (P) Ltd.
Novartex International
ntpc
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NVDIA
Oceaneering International Services Limited
ongc
Open Silicon
oracle
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Paypal (I) Pvt. Ltd.
PHILIPS
Pipavav Defence and offshore Engg Co.
Pocket Gems
Polaris Software
Polycom
power grid corporation
Power Research & Development Consultants
Pramati Technologies
Pratap University
Price Waterhouse Coopers
PROKARMA
Pyrogreen Energy Pvt Ltd
Qualcomm India Pvt. Ltd.
Quest Global
Rajiv Gandhi University of Knowledge Technologies
ReaMetrix India Pvt Ltd
Red Pine Signals
Reflexis system India Ltd
Reliance Industries Ltd.
Renault Nissan
Renen Power
Robert Bosch
Rockwell Automation
Roof For Two
S. N. BHOBE
Sabre Travel Technologies Pvt.Ltd.
Safran Engineering Services India
SAIPEM
samsung
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Samsung India Software Operation(SISO)
SAROJ EDUCATIONAL GROUP
Schneider Electric
Schulumburger Asia Services Ltd
Scope Services
Security Performance Algorithm
Senao Networks
Sharif Metals International Sharjah
shell technology
Shimizu Corporation India Pvt. Ltd.
Shiv Nadar University
SIMOCO
SKF
Snam Alloys Pvt Ltd
Snapdeal.com
SourceBits
ST - Ericsson India Pvt. Ltd.
strand life sciences
STRATA Retail
Subros Limited
Sumitomo Chemical Co., Ltd.
SUNTECH
SURYAGEN
symantec corporation
System Insights
Taiwan Semiconductor Manufacturing Company Limited
Target Corporation
Tata Consulting Engineers Ltd.
TATA MOTORS
TATA POWER
Tata Steel
TAVANT TECHNOLOGIES
TCS
Technipp India
Texas Instrument
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The South India Textile Research Association (SITRA)
Timken India Ltd.
Toshniwal Systems and Instruments Pvt Ltd
tower research capital
Transocean Inc.
Trianz
Tribi Systems
TVS MOTORS
ubs
UEMGROUP
UNISYS
United Breweries Limited
Vem Technologies
verizon data services
Vignan University
VizExperts
VJ Coresoft pvt Ltd
vmware
Volvo Limited
Whirlpool
WhizRx Inc
Wipro
Wockhardt Ltd.
Works Applications,co.ltd
WORLD QUANT
WSP India
Xilinx
Y Media Labs
Y2CF DIGITAL MEDIA PVT LTD
Yahoo! Software Development Pvt. Ltd
Zebec Marine Consultants & Services
Zeus Bio-tech Ltd
ZS Associates
Zynga
Student's Rating for IIT Madras
Student's Reviews for IIT Madras
Anonymous User
MBA Student
Placement: Lot of job opportunities / internships for the student. Many good companies recruit from our college.
Faculty: Lot of good teachers in our campus. Well educated, well informed faculties.
Admission: Based on School / 12th Class Result
Anonymous User
MBA Student
Placement: They have placements but i didn’t got placed in anywhere
Faculty: Teachers know how to teach there students so that they can understood what is taught to them .
Admission: Based on School / 12th Class Result
Anonymous User
MBA Student
Placement: Placement scenario is good. Last five years average placement has been around 80%. Companies like VISA, Microscoft, GE, Google, BOSCH have recruited
Admission: State / National Entrance Exams
Anonymous User
MBA Student
Placement: We had 450 companies visiting us this session. I got placed in Cisco based on my understanding of technical skills.
Faculty: The faculty has always been of immense help to us. They help proactive students gain understanding of subject knowledge.
Admission: State / National Entrance Exams
Club: I was a part of a club called IIT for villages. I was a part of developing solutions for farming and improving the quality of life of farmers.
Anonymous User
MBA Student
Placement: All the students are placed across many top companies in the world. Internships are also provided to each student.
Faculty: The faculty of the college is very good. Most of the teachers are doctors and all other are PHD holders. One can also find many lecturers from foreign universities.
Admission: State / National Entrance Exams
Anonymous User
MBA Student
Placement: We had 450 companies visiting us this session. I got placed in Cisco based on my understanding of technical skills.
Faculty: The faculty has always been of immense help to us. They help proactive students gain understanding of subject knowledge.
Admission: State / National Entrance Exams
Club: I was a part of a club called IIT for villages. I was a part of developing solutions for farming and improving the quality of life of farmers.
Frequently Asked Questions
What is the placement scenario at IIT Madras?
IIT Madras has a very good placement record, with several top companies from various industries visiting the campus for recruitment. The average placement package for the B.Tech program is around 14-16 LPA, while the average package for MBA graduates is a
What is the IIT Madras average package offered to students during placements in 2023?
IIT Madras’ average package offered to students during placements in 2023 was around INR 12-15 lakhs per annum.
Which are the top companies that participate in the IIT Madras placement process?
Some of the top companies that participate in the IIT Madras placement process include Microsoft, Google, Amazon, IBM, Flipkart, and Goldman Sachs.
How many students participate in the IIT Madras placement process every year?
very year, thousands of students participate in the IIT Madras placement process. In 2023, 1,722 students registered for the placement process.
What is the placement record of IIT Madras in recent years?
IIT Madras has a remarkable placement record with a high percentage of students receiving job offers from top companies every year. In 2023, the institute witnessed a placement rate of 93%, with 1612 offers from more than 350 companies.
Which are the most sought-after branches during the IIT Madras placement process?
Computer Science and Engineering, Electrical Engineering, and Mechanical Engineering are the most sought-after branches during the IIT Madras placement process.
How were the IIT Madras Placements for CSE?
The IIT Madras Placements for the CSE recorded this year was Rs. 2.04 Crore Per Annum. It is the Highest Package offered during the Placements.
What was the Highest Package offered for the MBA at IIT Madras?
The IIT Madras MBA Highest Package was Rs 20.80 LPA during the 2023 placements. The IIT Madras placements for 2024 are still under process so the recent data will be updated soon after the report release.
Is IIT Madras Good for an MBA?
Yes, IIT Madras is a great choice for pursuing an MBA. It offers good placements with an average package of Rs. 12 Lakhs per annum. During the Placement in 2023, IIT Madras’s Highest Package for an MBA was Rs. 20.80 LPA.
What is the starting salary of IIT Madras?
The starting salary for the IIT Madras after placements is around Rs. 5 LPA and can go as high as 2.04 Crore Per annum.
What is the IIT Madras Median Package in 2024?
As per the IIT Madras social media post, Phase 1 of the placements in 2024 has been concluded. It has recorded the Median package of Rs. 19 LPA. Till now, it has placed 55% of the total registered candidates. The final placements are expected to be comple
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