Home Articles IIT Madras MTech Placements: Highest Package- INR 54.21 LPA, Average Package, Top Recruiters

IIT Madras MTech Placements: Highest Package- INR 54.21 LPA, Average Package, Top Recruiters

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Nisha Gupta
Nisha Gupta
IIT Madras MTech Placements: Highest Package- INR 54.21 LPA, Average Package, Top Recruiters

IIT Madras, the most reputed technological institute in India, has consistently demonstrated a strong placement in its engineering program, which includes B.Tech and M.Tech programs. As per the official reports, during IIT Madras placements 2023-24, the highest package offered to a student of the MTech batch was INR  54.21 LPA

IIT Madras MTech: Overview

IIT Madras offers various programs at the undergraduate and postgraduate levels in the field of engineering. At the PG level, it offers an M.Tech program with a duration of 2 years which is designed to provide practical knowledge along with theoretical knowledge to students.

It is a full-time degree offered in 26 specializations in different fields of engineering and technology. Some of these are Computer Science and Engineering, Biomedical Engineering, Aerospace Engineering, and several others. 

Admission to these courses is mostly through GATE (Graduate Aptitude Test in Engineering) scores, so only the best candidates are chosen. Prospective candidates have to score in the GATE exam as on the basis of GATE Score, the merit list gets prepared by the board. 

IIT Madras MTech Placements: Statistics

MTech placement in IIT Madras has a strong placement record. Students got placed in prominent companies with impressive salary packages. Take a look at the impressive placement statistics during the IIT Madras Placements Season 2023-2024:

  • Number of Students Placed: 1,091 students were placed in the first two rounds of placement successfully.
  • Students' Placement Percentage: More than 75% of M.Tech students were placed up to April 30, 2024.
  • Pre-Placement Offers (PPOs): 300 PPOs were extended, out of which 235 were accepted by the students.
  • Participating Companies: The placement drive saw the presence of 256 companies, a few of them being the best multinational companies.

IIT Madras MTech Placements: Salary Packages

IIT Madras MTech Placements

The salary offers during placements have been noteworthy:

 

  • Average Package: The average salary package offered to M.Tech graduates was INR 22 LPA (Lakhs Per Annum).
  • Median Package: The median salary stood at INR 19.60 LPA.
  • Highest Package: The highest salary package given was an impressive INR 54.21 LPA in 2023.

Also Check IIT Madras MBA Placements

IIT Madras MTech Placements: Specialization-Wise 

IIT Madras offers M.Tech programs in different specializations which include Aerospace Engineering, Biotechnology, Chemical Engineering, and more. Every specialization has different placement statistics in terms of average and median salaries. Mtech in CSE remains the most desirable and competitive program among all the specializations. IIT Madras MTech CSE placements also showed an impressive salary package as the average package for the MTech CSE program stood at INR 26.83. The table given below shows the placement statistics of IIT Madras MTech Placements for different specializations offered at IIT Madras:

The table given below shows the placement statistics of IIT Madras MTech Placements for different specializations offered at IIT Madras:

Department

Median CTC (INR  LPA)

Average CTC (INR  LPA)

Aerospace Engineering (AE)

INR 12.00

INR 13.36

Applied Mechanics & Biomedical Engg (AMBE)

INR 8.75

INR 11.39

Biotechnology (BT)

INR 8.81

INR 9.43

Chemical Engineering (CH)

INR 9.85

INR 10.44

Civil Engineering (CE)

INR 8.15

INR 9.80

Computer Science & Engineering (CS)

INR 21.50

INR 26.83

Electrical Engineering (EE)

INR 35.59

INR 30.26

Engineering Design (ED)

INR 15.00

INR 15.00

Mechanical Engineering (ME)

INR 12.90

INR 18.07

Metallurgical & Materials Engg (MM)

INR 12.00

INR 13.19

Ocean Engineering (OE)

INR 10.40

INR 11.09

Impact on Career Opportunities

IIT Madras's high placement record considerably boosts the career opportunities of its M.Tech alumni. Most alumni have pursued positions of significance in top organizations around the world. The institute's focus on R&D also prepares students for academic and R&D careers.

IIT Madras MTech: Eligibility Criteria

Candidates have to fulfill some academic criteria and exams to get admission into the IIT Madras MTech program that include:

  • Educational Qualification: The candidate should be a holder of Bachelor's degree in Engineering/Technology/Architecture from institutions approved by AICTE or equivalent. Alternatively, a candidate with a Master's degree in related disciplines like Chemistry, Life Sciences, Mathematics, or Physics can also apply.
  • Minimum Marks Criteria: Minimum marks of 60% aggregate or CGPA of 6.0 out of 10 for the general category students and a minimum marks of 55% for SC/ST/PwD candidates.
  • GATE Scores: Admission to IIT Madras MTech program is based on GATE scores. Candidates should have passed GATE in 2023, 2024, or 2025 to join the M.Tech programs.
  • IIT Graduates: IIT graduates with a CGPA of 8.0 and more are exempted from the requirement of GATE and can apply directly.
  • Sponsored Candidates: Sponsored candidates with a minimum work experience of two years as sponsored by their employers (government or private organizations) can apply without GATE scores if they possess a first-class degree.

IIT Madras MTech: Admission Process

The process of admission to M.Tech courses at IIT Madras involves several key steps:

Step 1: Application Form

The applicants will have to fill out the M.Tech application form on the official website of IIT Madras. They are required to ensure all the required documents before starting the application process. Following are the documents required for IIT Madras MTech Admissions:

  • Undergraduate mark sheets
  • Class 12 and Class 10 mark sheets
  • Passport photograph
  • Scanned signature
  • Category certificate (if required)
  • PwD certificate (if required)
  • Valid identity document

 

Step 2: GATE Examination

The applicants must register and apply for the GATE examination within the given time frame. The GATE score obtained will be a primary consideration for determining eligibility and selection.

 

Step 3: COAP Registration

After a candidate becomes eligible for GATE, they have to register on the Common Offer Acceptance Portal (COAP). The portal is utilized to carry out the seat allotment process on the basis of GATE scores.

 

Step 4: Seat Allotment

IIT Madras prepares a merit list on the basis of GATE scores and COAP registrations. Candidates are offered seats on the basis of their ranks and seat availability in their chosen specializations.

 

Step 5: Acceptance and Fee Payment

Once the offer is extended by COAP, candidates must accept the same and pay the required admission fee to ensure their seat at IIT Madras.

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