IIT Madras - Indian Institute of Technology - [IITM], Chennai - Placements
IIT Madras Placements Overview
The placement scenario at IIT Madras showcases substantial growth and diverse opportunities for students across multiple courses. Here's a comprehensive breakdown of the key placement highlights and trends over the past years.
Placements Highlights - 2024
- Median Package: INR 19 LPA
- Internship Offers: Witnessed a 19% increase from the previous year.
- Placement Rate: 50% of students placed
- Top Recruiters: JP Morgan Chase, Texas Instruments, Adobe
Note: The mentioned data is based on reports and may be subject to variations.
Placements Report - 2023 Insights
IIT Madras released its detailed placements report for 2023, illustrating a progressive trend compared to previous years. Here are some notable statistics from the 2022 and 2023 placements:
| Particulars | Placement Statistics (2022) | Placement Statistics (2023) |
| No. of Offers | 1,491 | 1,612 |
| Companies Visited | 480+ | 480+ |
| PPOs | 231 | 350 |
| Highest Package | INR 2.14 crore per annum | INR 1.31 crore per annum |
| Lowest Package | INR 3 LPA | INR 5.40 LPA |
| Offers Above INR 30 LPA | 203 | 172 |
Comparison with Other IITs - 2023
A comparison of IIT Madras' 2023 placement data with other prominent IITs reflects the following statistics:
| IIT Name | Highest Package (2023) | No. of Offers (2023) |
| IIT Madras | INR 1.31 crore per annum | 1,612 |
| IIT Delhi | INR 2.40 crore per annum (international) | 1,300 |
| IIT Bombay | INR 3.67 crore per annum (international), INR 1.68 crore per annum (domestic) | 1,788 |
| IIT Kanpur | INR 1.90 crore per annum (domestic)* | 1,200 |
Placement details are based on media reports.
Course-wise Placement Package Details - 2023
The median and lowest package offered in 2023 for various courses at IIT Madras are summarized in the table below:
| Course | Median Package (2023) | Lowest Package (2023) |
| UG (BTech, DD, IDDD) | INR 17 LPA | INR 6 LPA |
| MTech | INR 15 LPA | INR 6 LPA |
| MS- Engineering Streams | INR 15 LPA | INR 6 LPA |
| MSc- Science Stream | INR 9.62 LPA | INR 6 LPA |
| MA (Humanities and Social Sciences) | INR 10.95 LPA | INR 5.40 LPA |
| MBA | INR 20.80 LPA | INR 11 LPA |
| PhD | INR 15 LPA | INR 6 LPA |
The data showcases trends in median and lowest packages across different courses from 2022 to 2023. Notably, there have been fluctuations in median packages across courses.
Top Recruiters - 2023
The top recruiters involved in the 2022-23 recruitment process at IIT Madras include Amazon, Big Basket, Accenture Solutions, Axis Bank, JP Morgan Chase & Co., and several others, offering diverse opportunities across various domains.
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