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An RTI request by an alumnus has cast doubt on IIT Madras’ placement record. Dheeraj Singh, an IIT Kanpur graduate, claims his data suggests a worrying trend that up to 45% of final-year students at IIT Madras might remain unplaced this year.
However, IIT Madras has dismissed these claims as premature. The institute maintains that placements are still ongoing, and a clearer picture will emerge when the official report is released in July 2024. Get Full details here @ 45% of IITians might remain Unplaced in 2024? IIT Madras Clarifies Placement Report
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. Apart from this, top recruiting companies such as Microsoft, JP Morgan, and McKinsey & Company took part in the placement drive.
In 2023, IIT Guwahati had 1612 offers with the Highest Domestic Package of Rs. 1.31 Crores. Around 80% of the total registered students were placed. The institute has invited 480+ companies from various sectors, including IT, finance, consulting, FMCG, and core engineering. Based on reports, the IIT Madras had 25 offers of over Rs. 1 crore per annum. Additionally, 15 international offers were received from four companies. IIT Madras received 350 PPOs during the placements, the highest number of pre-placement offers ever.
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 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 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 Offersotal 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 |
According to the official report, the institute recorded a whopping domestic package of Rs. 1.31 Crores per Annum. The institute received around 1612 job offers from 480+ recruiting companies. Check out the IIT Madras Placements 2023 details.
Particulars | Placement Statistics (2023) |
PPO | 350 |
No. of Offers | 1612 |
IIT Madras Highest Package | Rs. 1.31 Crore per Annum |
IIT Madras Lowest Package | Rs. 5.40 LPA |
Students received packages above Rs. 1 crore per annum | 25 |
No. of international offers | 15 |
Companies registered | 480+ |
Number of Offers Rs. 30 LPA | 172 |
Number of Offers between Rs. 25 LPA to Rs. 30 LPA | 48 |
Number of Offers between Rs. 20 LPA to Rs. 25 LPA | 135 |
Number of Offers between Rs. 15 LPA to Rs. 20 LPA | 312 |
Number of Offers between Rs. 10 LPA to Rs. 15 LPA | 226 |
Number of Offers between Rs. 5 LPA to Rs. 10 LPA | 152 |
Top recruiters | Microsoft, Goldman Sachs, McKinsey & Company |
Top Job Roles | Software Development Engineer, Analytics Core Engineer, etc. |
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 |
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 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% |
According to the official website, during the 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 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:
Organizations | Alumni Number |
Indian Institute of Technology, Madras | 2149 |
Amazon | 513 |
457 | |
Microsoft | 454 |
Center For Innovation (CFI) | 285 |
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284 Companies
Based on their industry
Fortune 500 0.35%Based on their Organization Type
IT/Software Industry 0.35%Based on location
Delhi 0.35%Overview 5/5
The infrastructure and opportunities in IIT Madras is one of the best in India. Being situated in one of the metropolis of India (Chennai) certainly add to its benefit. Chennai is also known as a important automobiles, manufacturing, IT and transportation hub. Campus is a beautiful wooded area in the heart of the city. There are state of the art laboratories, library, cafeteria and sports facilities.
Placement 4.5/5
Placement scenario is good. Last five years average placement has been around 80%. Companies like VISA, Microscoft, GE, Google, BOSCH have recruited
Salary Package 9 - 11 Lakhs
Best Engineering Institute in India!!! 5/5
IIT Madras does not need any description. The name itself speaks for itself. It is India’s most prestigious university. One can go and Google to find out all the details about the University. It is best in terms of education, campus life, placements and all other things.
Placement 4.5/5
Best in the industry!
Collage review and ratings 5/5
Awesome collage which give importance to extra curriculum with studies. Collage mainly focus on research work. Best environment to grasp knowledge. Various functions are conducted throughout the year and student can grow in the choice of his field. Proud to be an iitian
Placement 4.5/5
Almost all students are placed
Remembering those days 4/5
I did my graduation in Nursing from this college this college is under NTR University and this is a 4 years course and the total fees is Rs.. 3.5 Lac and total 4 years Hostel fees was Rs.. 1.5 Lac and there were 40 students in our batch
Placement 3/5
They have placements but i didn’t got placed in anywhere
Most prestigious college in India!! 5/5
IIT Madras is counted among the most valued and prestigious institutions in India. It is the best institutional system for technical education with the bestest facilities for its students.
Placement 5/5
All the students are placed across many top companies in the world. Internships are also provided to each student.
One of the pioneers in technical education 4/5
IIT Madras is one the top and premier education provider in technical education (B.tech) and M.tech. I just love the college campus, faculties, infrastructure, curriculum etc.
Placement 4/5
Lot of job opportunities / internships for the student. Many good companies recruit from our college.
Its amazing college 4/5
For b.tech course the professors were awesome.We can interact with them and they help us a lot. In labs and practicals they help a lot to gain knowledge and clear our doubts
Placement 0/5
Very good and worthy packages based on semesters
My College Experience 4/5
My college has provided me a very good environment for learning. The faculty, resources, clubs and societies are the highlight of this institution.
Placement 3.5/5
We had 450 companies visiting us this session. I got placed in Cisco based on my understanding of technical skills.