IIT Madras Placements 2024: Highest Package, and Average CTC

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.

IIT Madras final placement 2024 has started with a staggering job offer of INR 4.3 Crore, students have managed to grab impressive placements across various national and global firms like Apple, Google, Microsoft, Capital One, and Quantbox, etc. IIT Madras graduates received 750 job offers on the first day of placements for the 2024-25 session. The major sectors that saw high demand were form software, analytics, finance and consulting.

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.

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.

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 M.Tech CTC Range 2022

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:

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.

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.