Indian Institute of Technology - Madras
Indian Institute of Technology - Madras

IIT Madras Placements 2024: Highest Package, and Average CTC

Chennai, Tamil nadu

Indian Institute of Technology Madras Placement 2024:  The placement drive at the Indian Institute of Technology Madras witnessed a significant turnout, with 1722 participants in the last year. The drive resulted in an impressive 1612 offers from over 480 companies. Notably, 407 students secured pre-placement offers, while 25 candidates were fortunate to receive salary packages exceeding INR 1 Crore Per Annum (CPA). Additionally, four major companies extended 15 international offers during the placement process.

The campus recruitment showcased the institute's strong industry connections, with prominent companies such as Texas Instruments, Bajaj Auto Ltd, Cetak Ltd, Qualcomm, Amazon, EY India, Reliance, TCS, and others being among the top recruiters. The students at IIT Madras had a diverse array of job opportunities, including roles like Software Development Engineer, Data Science, Quant, Core Engineer, and more.

These commendable placements highlight IIT Madras's dedication to providing excellent career prospects to its students and affirm its status as a premier institute for engineering and technology education in India.

IIT Madras Placement 2024 Highlights

The first phase of the placement process at IIT Madras concluded on December 14, 2023 marking a significant milestone as 50% of its students secured placements on the opening day. This year witnessed a notable upswing in hiring from the core sector, along with a substantial increase in international job offers compared to the previous year. In phase I, a median salary package of Rs 19 lakh was attained. Notably, the placement data indicates that 55% of the placed students came from socially and economically challenging backgrounds.

IIT Madras Placement 2023 saw 407 pre-placement offers. Almost 25 students received packages above INR 1 crore per annum. Out of 1,722 registered students, 15 candidates got international offers. Top recruiters include Microsoft, Goldman Sachs, and McKinsey & Company. Some of the key highlights for the IIT Madras placement drive are shown below. Interested candidates can have a look.

Details

Placement Statistics

Pre-placement offers 

407

Students registered

1,722

Number of candidates received packages above INR 1 crore per annum

25

No. of international offers

15

Total offers made

445

Companies registered

331

Popular recruiters

Microsoft, Goldman Sachs, McKinsey & Company

IIT Madras MBA Placement 2024

IIT Madras MBA class of 2022-2024 has secured a 100% placement rate across 32 top recruiting companies. The IT & Analytics domain received the highest number of job offers followed by 37% of the batch receiving PPOs. The highest CTC offered to MBA MS stood at INR 20 LPA and INR 48.30 LPA for Tech MBA respectively. Tabulated below are the IIT Madras MBA placement 2024 highlights.

Particulars Details
Highest CTC INR 29.65 LPA
Average CTC INR 16.93 LPA
Median CTC INR 16.39 LPA
Top  25% Average CTC INR 21.89 LPA
Placement Percentage 100%
PPOs Received 37%
Top Recruiters Bank of America, P&G, Deloitte, Accenture, Morgan Stanley, VIP, ICICI Bank, and others

IIT Madras Placement 2024: Course Wise CTC range

IIT Madras has not yet released its placement data for the year 2023. The course-wise CTC statistics are shown below for 2022. Interested candidates can have a look at the number of students who were registered and placed.

IIT Madras B.Tech CTC Range 2022

IIT Madras B.Tech Salary

IIT Madras M.Tech CTC Range 2022

IIT Madras M.Tech Salary

IIT Madras Placement 2024: Average Package

IIT Madras has not released the average package details officially. However, as per the data report from the academic year 2021-2022, the average package offered during placements at IIT Madras is shown below:

Course

Average Package (2022)

BTech (Overall)

INR 33.06 LPA

BTech CSE

INR 41.72 LPA

BTech ECE

INR 24.4 LPA

IIT Madras Placement 2024: Median Package

The median package for IIT Madras B.Tech, Dual Degree and Integrated Dual Degree courses was the highest during 2022 placements. The second highest in the row was PhD. Interested candidates can check the below table for course-wise IIT Madras median package 2022.

Course

Median Package (2022)

B.Tech/ DD/ IDDD

INR 18 LPA

M.Tech

INR 13.02 LPA

MA

INR 13.69 LPA

MSc

INR 14 LPA

MS

INR 15 LPA

MBA

INR 15.35 LPA

PhD

INR 16.50 LPA

IIT Madras Placements 2024: Top Recruiters

IIT Madras Placement Drive 2023 received 445 offers, including 407 PPOs. The placement drive was attended by 331 companies, who offered 722 job profiles. 25 candidates were offered a salary package of above INR 1 CPA. 15 International Offers were made by four major companies. Microsoft, Graviton, Flipkart, Texas Instruments, Goldman Sachs, Qual comm, Boston Consulting Group, and Morgan Stanley were some of the top recruiters at this year's IIT Madras Placement Drive 2023. Some of the past recruiters are shown below.

IIT Madras Top Recruiters

Top Exams Accepted by IIT Madras
University Grant Commission National Eligibility Test
Exam Mode:-  Online Test
Date:-  21 Aug 2024 - 04 Sep 2024
Joint Entrance Examination (Advanced)
Exam Mode:-  Online Test
Date:-  26 May 2024 - 26 May 2024
Graduate Aptitude Test in Engineering
Exam Mode:-  Online Test
Date:-  01 Feb 2025 - 16 Feb 2025
Common Admission Test
Exam Mode:-  Online Test
Date:-  24 Nov 2024 - 24 Nov 2024
IIT Joint Admission Test for Masters
Exam Mode:-  Online Test
Date:-  NA
Top Institutes Accepting Applications
Amity University - Noida
Amity University - NoidaBTechGautam Buddha Nagar, Uttar Pradesh
Woxsen University
Woxsen UniversityMBA, MBA in Financial Services, MBA in Business AnalyticsHyderabad, Telangana

Frequently Asked Questions (FAQs)

What was the average placement in IIT Madras?

IIT Madras placement drive 2022, over 480 companies participated in the recruitment drive and offered 1,491 offers. A large share of students was placed in the Engineering and Technology sector and the majority of students received packages between INR 10 LPA and INR 15 LPA.

What was the Highest Salary at IIT Madras Placements?

The IIT Madra's highest package was made for undergraduate level students and the package offered to them was INR 2.14 crore per annum.

Who were the recruiters at IIT Madras placements?

Some of the prominent recruiters that were part of IIT Madras placements 2022 were Texas Instruments, Bajaj Auto Ltd, Cetak Ltd, Qualcomm, Amazon, EY India, Reliance, TCS, etc.

What was the median package at IIT Madras?

The median package at IIT Madras 2022 for B.Tech, Dual Degree, and Integrated Dual Degree courses was the highest at INR 18 LPA. The second highest was for PhD at INR 16.50 LPA.

How many pre-placement offers were made during the IIT Madras Placements?

The Students received 407 pre-placement offers during IIT Madras Placements 2023.

Which job roles were offered during the IIT Madras Placements?

Candidates received job roles like Software Development Engineer, Data Science, Quant, Core Engineer etc. during IIT Madras Placement drive 2023.

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Top Institutes Accepting Applications
Amity University - Noida
Amity University - NoidaBTechGautam Buddha Nagar, Uttar Pradesh
Woxsen University
Woxsen UniversityMBA, MBA in Financial Services, MBA in Business AnalyticsHyderabad, Telangana
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