New Updates About IIT Madras (IITM)
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10 January, 2025 : IIT JAM 2025 Admit Card is now OUT. Direct Link to Download.
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25 December, 2024 : Download GATE Exam previous Year Question Papers for Free
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13 December, 2024 : JEE Main 2025 Session 1 registration for IIT Madras admissions to BTech, BArch, and BPlan courses has closed. The exams will be held from January 22 to 31, 2025. For BTech admissions, the JEE Advanced 2025 exam is scheduled for May 18, 2025, with applications opening in April.
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12 November, 2024 : GATE 2025 Exam Schedule Announced! Check Details Here
IIT Madras (IITM)Placement
IIT Madras MBA Placement concluded with a 100% placement rate. The MBA graduates received the Highest Salary Package at Rs. 29.65 LPA and the top 25% Average Package at Rs. 21.89 LPA. The IIT Madras Median Package is Rs. 16.39 LPA, and the Average Salary Package is Rs. 16.93 LPA.
The IIT Madras Placement Process involved 32 companies offering roles in Analytics, General Management, and Finance. Notable new recruiters included NTT Data, Garuda Aerospace, and Forge, alongside regular recruiters like P&G, McKinsey, and Accenture.
About IIT Madras Placements 2024: Phase 1 of IIT Madras Placements 2024 has concluded with 55% student placements. As per the Media report, the IIT Madras Median package is Rs. 19 LPA. Further, the institute boasts a 19% rise in core placements & a hike in international PG offers, compared to last year. The Final Phase preparations for the IIT Madras Placements have been started.
The IIT Madras Highest Package offered to B.Tech during the Placements in 2023 was Rs. 1.31 Crore Per Annum. The Median package stood at Rs. 17 LPA. However, the Highest Package for M.Tech was Rs. 49.70 LPA. Top recruiters such as Microsoft, Goldman Sachs, McKinsey & Company, etc. have offered 1612 offers during the placements.
IIT Madras Placements 2024: MBA Final Placement Report
IIT Madras MBA Placement concluded with a 100% placement rate. The MBA graduates received the Highest Salary Package at Rs. 29.65 LPA and the top 25% Average Package at Rs. 21.89 LPA. The IIT Madras Median Package is Rs. 16.39 LPA, and the Average Salary Package is Rs. 16.93 LPA.
| Particulars | IIT Madras MBA Placements 2024 |
| Placement Rate | 100% |
| Number of Recruiters | 140+ |
| Number of Students Registered | 84 |
| Male Students (%) | 65% |
| Female Students (%) | 35% |
| Freshers Candidate Percentage | 48% |
| Experienced Candidate Percentage | 52% |
| Average Experience | 1.1 Years |
| Highest Salary Package | Rs. 29.65 LPA |
| Top 25% Average Salary Package | Rs. 21.89 LPA |
| Average Salary Package | Rs. 16.93 LPA |
| Median Salary Package | Rs. 16.39 LPA |
| PPOs Percentage | 37% of the Batch |
| Highest Package (MS Batch) | Rs. 20 LPA |
| Average Package (MS Batch) | Rs. 14.37 LPA |
| Median Package (MS Batch) | Rs. 14. 75 LPA |
| Highest Package (Tech MBA Batch) | Rs. 48.29 LPA |
| Average Package (Tech MBA Batch) | Rs. 27.37 LPA |
| Median Package (Tech MBA Batch) | Rs. 21.59 LPA |
| Top Recruiters | Qualcomm, Honeywell, Microsoft, Goldman Sachs |
IIT Madras Placements 2024: MBA Domain-wise Placement
IIT Madras MBA Domain-wise placements were in Analytics/IT, Sales & Marketing, Finance, General Management, and Operations. Roles offered ranged from Associate Consultant to Data Scientist and Business Analyst. The report also provides contact details for the Placement Manager at DoMS IIT Madras.
| Course | Placement Percentage 2024 | Roles Offered |
| Analytics/ IT | 31% |
|
| Finance | 28% |
|
| General Management | 20% |
|
| Sales & Marketing | 12% |
|
| Operations | 9% |
|
IIT Madras Placement Report 2024
IIT Madras Placements 2024 has concluded with a 55% placement rate. The Median Package during the placements was Rs. 19 LPA. Check out the table below for the IIT Madras Placements 2024 details.
| IIT Madras Placements 2024 | Statistics |
| Median Package | Rs. 19 LPA |
| Students Placed | 55% |
| Internship Offers | 19% increase from last year |
| Top Recruiters | Microsoft, JP Morgan, McKinsey & Company |
IIT Madras Summer Internship Placement Report 2024
IIT Madras invites for the summer fellowship program applications for the academic year 2024-2025. Interested candidates must submit the application form by 5 pm on 31 March 2024. A maximum stipend of Rs. 6000 per month stipend will be offered to all the selected candidates for this 2-month Summer Fellowship program.
However, check out the IIT Madras summer internship placement report 2023- 2024. It had received 778 offers from 140+ recruiting companies and 231 PPOs (Pre-Placement Offers). Last year, the total number of offers was 858.
| Particulars | Summer Internship Statistics 2023 | Summer Internship Statistics 2024 |
| Number of Recruiters | 146 | 140+ |
| Number of Students Registered | 1330 | 1397 |
| Total Number of Offers | 858 | 778 |
| Highest Stipend | Rs. 2 Lakhs per month | Rs. 2 Lakhs per month |
| Lowest Stipend | Rs. 7.5 K per month | Rs. 7.5 K per month |
| Top Recruiters | AB InBev, Adobe, Flipkart, Axis Bank, Bajaj | Qualcomm, Honeywell, Microsoft, Goldman Sachs |
IIT Madras Placement Vs Top IITs Placements
The IIT Bombay received the Highest package (International) of Rs. 3.67 Crore Per Annum in 2023. However, the Domestic Highest Package was offered at IIT Kharagpur, followed by IIT Delhi.
| Institute | Highest Package | Average Package | Number of Offers |
| IIT Madras | Rs. 1.31 Crore Per Annum | Rs. 20.58 LPA | 1612 |
| IIT Delhi | Rs. 2.5 Crore Per Annum | Rs. 20 LPA | 1300 |
| IIT Bombay | Rs. 3.67 Crore Per Annum (International) Rs. 1.67 Crore Per Annum (Domestic) | Rs. 21.82 LPA | 1348 |
| IIT Kanpur | Rs. 1.9 Crore Per Annum | Rs. 25 LPA LPA | 1200 |
| IIT Kharagpur | Rs. 2.68 Crore Per Annum | Rs. 18.25 LPA | 1600 |
| IIT Roorkee | Rs. 1.30 Crore Per Annum | Rs. 18.34 LPA | 500 |
| IIT Guwahati | Rs. 2.40 Crore Per Annum (International) Rs. 1.20 Crore Per Annum (Domestic) | Rs. 25.75 LPA | 1112 |
| IIT Hyderabad | Rs. 63.78 LPA | Rs. 20.07 LPA | 586 |
| IIT Dhanbad | Rs. 56 LPA | Rs. 16.98 LPA | 1154 |
| IIT Indore | Rs. 68 LPA | Rs. 25.45 LPA | 228 |
IIT Madras Placement 2023: Course-Wise Placement
The IIT Madras’ Highest package in 2023 was Rs. 1.31 Crore per Annum. The package was offered to the B.Tech, DD, and IDDD from Computer Science and Engineering. The Median package of the M.Tech was Rs. 15 LPA.
Further, the Highest Package for the MS, M.Sc, and MBA was Rs. 54.21 LPA, Rs. 19.71 LPA, and Rs. 30.66 LPA, respectively. The IIT Madras placement 2023 concluded with the MA and Ph.D. by offering the highest package of Rs. 26.57 LPA and Rs. 35.89 LPA, respectively.
Check out the IIT Madras Placements 2023 Course-Wise details from the table below:
| Course | Highest Package | Median Package | Lowest Package |
| B.Tech, DD, and IDDD | Rs. 1.31 Crore Per Annum | Rs. 17 LPA | Rs. 6 LPA |
| M.Tech | Rs. 49.7 LPA | Rs. 15 LPA | Rs. 6 LPA |
| MA | Rs. 26.57 LPA | Rs. 10.95 LPA | Rs. 5.4 LPA |
| MBA | Rs. 30.66 LPA | Rs. 20.80 LPA | Rs. 11 LPA |
| MS | Rs. 54.21 LPA | Rs. 15 LPA | Rs. 6 LPA |
| M.Sc | Rs. 19.71 LPA | Rs. 9.62 LPA | Rs. 6 LPA |
| Ph.D. | Rs. 35.89 LPA | Rs. 15 LPA | Rs. 6 LPA |
Read More: IIT Madras Courses and Fees, IIT Madras Admission 2024 and IIT Madras Cutoff,
IIT Madras Placement 2023: Sector-Wise Placement
IIT Madras had 1612 job offers during the 2023 placements. Top Companies from various sectors were invited during this placement drive. IT/ ITES & Software sector placed the highest number of students with a 28.1% placement rate followed by the Core Engineering sector with 27.6%.
Check out the IIT Madras Sector-Wise Placements 2023 details below:
| Course | Placement Percentage 2023 | Placement Percentage 2022 | Placement Percentage 2021 |
| Core | 27.6% | 24.3% | 29% |
| IT/ITES & Software | 28.1% | 23.7% | 28% |
| Consulting | 14.3% | - | - |
| R&D | 12.1% | 8.2% | 11% |
| Analytics | 10.9% | 16.3% | 21% |
| Education | 3.1% | 1.1% | 2% |
| Finance | 2.9% | 7.9% | - |
| FMCG | 1% | - | 1% |
| Management | - | 18.4% | - |
| Others | - | - | 8% |
IIT Madras Year-Wise Placement Trends
IIT Madras Placements in 2022, more than 480 companies extended 1,491 job offers. Engineering and Technology emerged as the top sector, with 24.3% of students placed.
Many students received salary packages between Rs. 10 LPA - and Rs. 15 LPA. For B.Tech, the highest package offered was Rs. 2.14 crore per annum, and for MTech students, it was Rs. 46.08 LPA.
The median package for MS and MSc students was Rs. 15 LPA and Rs. 14 LPA, respectively. Moreover, the highest package recorded for MA and MBA courses was Rs. 22 LPA and Rs. 25.30 LPA, respectively, at IIT Madras.
Batch | IIT Madras Placements (2021) | IIT Madras Placements (2022) | IIT Madras Placements (2023) |
| Number of Companies Participated | 256 | 480+ | 480+ |
| Number of Students Placed | 725 | 1199 | 1290+ |
| Number of Offers | 1046 | 1491 | 1612 |
| Number of International Offers | - | 45 | 15 |
| PPOs | 186 | 231 | 350 |
| Highest CTC | Rs. 70 LPA | Rs. 2.14 Crore Per Annum | Rs. 1.31 Crore Per Annum |
| Median CTC | Rs. 20.58 LPA | Rs. 21.48 LPA | Rs. 21.40 LPA |
| Major Sector | Analytics / Consulting / Finance | Core Engineering, Data Science, Analytics | Core Engineering, Consulting, Software, and R&D |
| Top Recruiters | Microsoft, Qualcomm, Goldman Sachs | Bajaj Auto, Goldman Sachs, JP Morgan | Microsoft, Goldman Sachs, McKinsey & Company |
IIT Madras Placement 2023: Top Recruiters
IIT Madras has a strong industry interface, with many top companies regularly visiting the campus for recruitment. Here are some of the top recruiters for IIT Madras placement:
- Microsoft
- Amazon
- Intel
- Goldman Sachs
- Morgan Stanley
- Tata Group
- Reliance Industries
- Larsen & Toubro
- Samsung
- Apollo247
- Apple
IIT Madras Alumni Network
| Organizations | Alumni Number |
| Indian Institute of Technology, Madras | 2149 |
| Amazon | 513 |
| 457 | |
| Microsoft | 454 |
| Center For Innovation (CFI) | 285 |
Top Recruiters
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Student's Rating for IIT Madras (IITM)
Student's Reviews for IIT Madras (IITM)
Anonymous User
MBA Student
Placement: Lot of job opportunities / internships for the student. Many good companies recruit from our college.
Faculty: Lot of good teachers in our campus. Well educated, well informed faculties.
Admission: Based on School / 12th Class Result
Anonymous User
MBA Student
Placement: They have placements but i didn’t got placed in anywhere
Faculty: Teachers know how to teach there students so that they can understood what is taught to them .
Admission: Based on School / 12th Class Result
Anonymous User
MBA Student
Placement: Placement scenario is good. Last five years average placement has been around 80%. Companies like VISA, Microscoft, GE, Google, BOSCH have recruited
Admission: State / National Entrance Exams
Anonymous User
MBA Student
Placement: We had 450 companies visiting us this session. I got placed in Cisco based on my understanding of technical skills.
Faculty: The faculty has always been of immense help to us. They help proactive students gain understanding of subject knowledge.
Admission: State / National Entrance Exams
Club: I was a part of a club called IIT for villages. I was a part of developing solutions for farming and improving the quality of life of farmers.
Anonymous User
MBA Student
Placement: All the students are placed across many top companies in the world. Internships are also provided to each student.
Faculty: The faculty of the college is very good. Most of the teachers are doctors and all other are PHD holders. One can also find many lecturers from foreign universities.
Admission: State / National Entrance Exams
Anonymous User
MBA Student
Placement: We had 450 companies visiting us this session. I got placed in Cisco based on my understanding of technical skills.
Faculty: The faculty has always been of immense help to us. They help proactive students gain understanding of subject knowledge.
Admission: State / National Entrance Exams
Club: I was a part of a club called IIT for villages. I was a part of developing solutions for farming and improving the quality of life of farmers.
Frequently Asked Questions
What is the placement scenario at IIT Madras?
IIT Madras has a very good placement record, with several top companies from various industries visiting the campus for recruitment. The average placement package for the B.Tech program is around 14-16 LPA, while the average package for MBA graduates is a
What is the IIT Madras average package offered to students during placements in 2023?
IIT Madras’ average package offered to students during placements in 2023 was around INR 12-15 lakhs per annum.
Which are the top companies that participate in the IIT Madras placement process?
Some of the top companies that participate in the IIT Madras placement process include Microsoft, Google, Amazon, IBM, Flipkart, and Goldman Sachs.
How many students participate in the IIT Madras placement process every year?
very year, thousands of students participate in the IIT Madras placement process. In 2023, 1,722 students registered for the placement process.
What is the placement record of IIT Madras in recent years?
IIT Madras has a remarkable placement record with a high percentage of students receiving job offers from top companies every year. In 2023, the institute witnessed a placement rate of 93%, with 1612 offers from more than 350 companies.
Which are the most sought-after branches during the IIT Madras placement process?
Computer Science and Engineering, Electrical Engineering, and Mechanical Engineering are the most sought-after branches during the IIT Madras placement process.
How were the IIT Madras Placements for CSE?
The IIT Madras Placements for the CSE recorded this year was Rs. 2.04 Crore Per Annum. It is the Highest Package offered during the Placements.
What was the Highest Package offered for the MBA at IIT Madras?
The IIT Madras MBA Highest Package was Rs 20.80 LPA during the 2023 placements. The IIT Madras placements for 2024 are still under process so the recent data will be updated soon after the report release.
Is IIT Madras Good for an MBA?
Yes, IIT Madras is a great choice for pursuing an MBA. It offers good placements with an average package of Rs. 12 Lakhs per annum. During the Placement in 2023, IIT Madras’s Highest Package for an MBA was Rs. 20.80 LPA.
What is the starting salary of IIT Madras?
The starting salary for the IIT Madras after placements is around Rs. 5 LPA and can go as high as 2.04 Crore Per annum.
What is the IIT Madras Median Package in 2024?
As per the IIT Madras social media post, Phase 1 of the placements in 2024 has been concluded. It has recorded the Median package of Rs. 19 LPA. Till now, it has placed 55% of the total registered candidates. The final placements are expected to be comple
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