Home Articles IIT Madras MBA Placements: Check Highest Package- INR 29.65 LPA, Average Package, Top Recruiters

IIT Madras MBA Placements: Check Highest Package- INR 29.65 LPA, Average Package, Top Recruiters

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Nisha Gupta
Nisha Gupta
IIT Madras MBA Placements: Check Highest Package- INR 29.65 LPA, Average Package, Top Recruiters

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:

Particulars

IIT Madras MBA Placements (2023)

IIT Madras MBA Placements (2024)

Highest Package

INR 30.60 LPA (MBA)

INR 21.63 LPA (MS)

INR 22 LPA (Tech-MBA)

INR 29.65 LPA (MBA)

INR 20 LPA (MS)

INR 48.29 LPA (Tech-MBA)

Average Package

INR 20.19 LPA (MBA)

INR 19.31 LPA (MS)

INR 18.90 LPA (Tech-MBA)

INR 16.93 LPA (MBA)

INR 14.37 LPA (MS)

INR 27.37 LPA (Tech-MBA)

Median Package

-

INR 16.39 LPA (MBA)

INR 14.75 LPA (MS)

INR 21.59 LPA (Tech-MBA)

Companies Visited (MBA)

26

32

PPO (MBA)

42%

37%

Placement Rate

100%

100%

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: 

 

Course

IIT Madras MBA Average Package (2024)

IIT Madras MBA Average Package (2023)

IIT Madras MBA Average Package (2022)

MBA

INR 16.93 LPA

INR 20.19 LPA

INR 16.66 LPA

MS

INR 14.37 LPA

INR 19.31 LPA

INR 18.98 LPA

Tech MBA

INR 27.37 LPA

INR 18.90 LPA

-

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:

Particulars

MS Batch

Tech MBA Batch

Average CTC

INR 14,37,500

INR 27,37,272

Median CTC

INR 14,75,000

INR 21,59,650

Maximum CTC

INR 20,00,000

INR 48,29,786

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:

Roles Offered

Profiles

Analytics

• Associate Consultant

• Data Scientist

• Data Science Analyst

• Business Analyst

General Management

• Assistant Manager

• Future Leader Trainee

• Lead Consultant

• Project Management

Finance

• Assistant Manager

• Associate Advisor

• Management Trainee

• Product Supply

Operations & Supply Chain

• Manager

• Supply Chain Analyst

Marketing

• Management Trainee

• Product Analyst

• Deputy Brand Manager

• Management Trainee

IIT Madras MBA Placements: Top Recruiters

IIT Madras

Frequently Asked Questions

In which domain the highest number of DOMS IIT Madras students were placed in 2024?

In 2024, the highest number of DoMS IIT Madras students were placed in Analytics, with 31% of the batch securing roles in this domain.

Can I get direct admission to DoMS IIT Madras?

Direct admission into DOMS IIT Madras is not possible as the admission is based on the CAT Score, past academic performance, and performance in the Personal Interview.

How to get into DoMS IIT Madras?

Admission into DOMS IIT Madras is based on the CAT Score, past academic performance, and performance in the Personal Interview. And candidates are required to complete bachelors degree with at least 60% marks.

Is it worth doing MBA from IIT Madras?

Pursuing MBA from IIT Madras can be one of the wisest choice for students as the placement record for IIT Madras MBA Placement went 100% in 2024.

What is the fees of IIT Madras MBA?

The total tuition fee for the MBA program at IIT Madras's Department of Management Studies (DoMS) is approximately INR 1.26 lakh to INR 1.7 lakh for the two-year program, with additional costs for hostel fees, mess charges, and other expenses.

What is the salary of MBA in IIT Madras?

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.

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