IIT Madras Placements 2024 recorded a 100% placement rate for its MBA program where students get placed into the top companies with the highest package of INR 29.65 LPA. On the other hand, the average package received by the students was INR 16.93 LPA. Further, the median package received by the students of IIT Madras stood at INR 20.40 LPA. Students of MS (Master of Science) batch also received impressive packages in the same placement season as the highest package offered was INR 21.63 and the average package was INR 19.31 LPA.
However, when we compare the placements statistics of IIT Madras MBA Placement 2024 with 2023, then we get to know that there is a drop of 3% in the highest package of MBA program. At the same time, as per the reports, there is an increase of over 120% in the Tech MBA highest package 2024 in comparison to the IIT Madras MBA Placement 2023.
IIT Madras MBA Overview
IIT Madras has a separate department for Management programs named the Department of Management Studies (DOMS), Indian Institute of Technology Madras. It offers various programs in the field of management studies. The MBA program is offered in different specializations such as Finance, Operations, Marketing, HR, and more with global exposure. Other than this, it offers a Tech MBA Dual degree program with integrated technology and research-driven programs that include MS and PhD programs.
Also Check IIT Madras MTech Placements
IIT Madras MBA Placements Highlights
IIT Madras MBA Placements has been concluded by the Department of Management Studies (DOMS) IIT Madras for the year 2024 where 100% of students from the MBA batch got placed with impressive salary packages. Many prominent recruiters visited the campus and offered 37% PPO to the students. Check out the table given below to know more about IIT Madras MBA Placement for the years 2024 and 2023:
IIT Madras MBA Average Package
As per the final placement process of IIT Madras MBA Placements at DOMS IIT Madras, 32 companies recruited MBA graduates for several job profiles. Each student got impressive packages and even the recruiters were also impressed by the skillset and academic performances of the students of IIT Madras. The IIT Madras MBA average package received by the students stood at INR 16.93 LPA. The top 25% batch of MBA received an average CTC of INR 21.89 LPA. While the median package stood at INR 16.39 LPA. DOMS IIT Madras offered MBA program with Tech MBA and MS programs. Check out the table given below which shows different Average packages according to the respective programs:
IIT Madras MBA Placements: MS and Tech MBA
DOMS IIT Madras offers MBA programs with two other programs that include MS and Tech MBA programs. The average CTC for MS Batch stood at INR 14,37,500 PA while the average package of Tech MBA stood at INR 27,37,272. Check out the table given below to see different CTCs for the respective programs:
IIT Madras MBA Placements: Roles Offered
During IIT Madras MBA Placements 2024, various roles were offered to the MBA Students according to different specializations. The MBA program is offered in six specializations that include Analytics, Finance, Marketing, General Management, Operations and Supply Chain. The table given below shows the various job roles offered by IIT Madras: