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IIT Madras is the dream college of every JEE aspirant in this country. The excellent educational environment of IIT Madras can be verified from the fact that it has consistently been ranked as the number 1 institute overall in NIRF Rankings from the past few years. Along with excellent educational avenues, IIT Madras placements are also known to be top notch. If you are someone who wants to study at IIT Madras then you should check the placements statistics here.
IIT Madras Placements
IIT Madras placements begin in the final year of the program. Every year, the Placement Cell of IIT Madras invites company to recruit students from their campus. The placements at almost all IITs including IIT Madras takes place in two phases. The placement process generally takes place in December month for the Phase 1 and in May month for Phase 2. Most of the students from the Engineering streams are generally placed in the 1st phase.
IIT Madras Placements 2024
The IIT Madras Placements 2024 has been concluded however, the placement report has not been published so far. Several leading recruiters involved in IIT Madras Placements include Apple, Google, Texas Instruments, Bajaj Auto Ltd, Cetak Ltd, Qualcomm, and more. IIT Madras has revealed that approximately 80% of BTech and dual degree students, along with 75% of MTech students, have been placed as of April 30, 2024. A total of 1091 students secured placements, and 256 companies took part in the placement drive for the 2023-24 academic session.
IIT Madras Placements 2024 Phase 1
The institution has published the placement report for 2024 on its official website. Nonetheless, there are no data points available to determine the placement statistics. The main features of the IIT Madras placements 2024 are outlined below:
Parameters | Placement Stats 2024 (Phase 1) |
Median package | INR 19 LPA |
Internship offers | 19% increase compared with previous year |
Placement rate | 50% students placed |
Top recruiters | JP Morgan Chase, Texas Instruments, Adobe |
IIT Madras Placement Report 2024
The report for IIT Madras Placements 2024 will be refreshed shortly. Students may review the statistics from the previous year below. According to the final report on IIT Madras Placements 2023, 1612 students from IIT Madras secured job offers from 480 leading companies. During the IIT Madras Placements, the top package for UG Courses stood at INR 1.31 CPA, with over 154 students obtaining offers exceeding INR 30 LPA. The highest package for IIT Madras M.Tech in 2023 reached INR 54.21 LPA.
Particulars | Placement Stats |
PPOs offered | 258 |
Total offers | 1612 |
No. of companies visited | 480+ |
Top Job Roles | Software Development Engineer, Data Science, Quant, Core Engineer etc |
Highest CTC offered | INR 1.31 Crore Per Annum |
Lowest CTC offered | INR 5.4 LPA |
Offers above INR 30 LPA | 172 |
Offers between INR 25 LPA – INR 30 LPA | 48 |
Offers between INR 20 LPA – INR 25 LPA | 135 |
Offers between INR 15 LPA – INR 20 LPA | 312 |
Offers between INR 10 LPA – INR 15 LPA | 226 |
Offers between INR 5 LPA – INR 10 LPA | 152 |
Popular recruiters | American Express, Cogoport, Linecraft AI, SAP Labs |
On Day 1 of IIT Madras Placements 2023, 445 students secured jobs. Students were given 407 offers before placement. A total of 25 students were offered a salary package exceeding INR 1 CPA. Different job positions such as Software Development Engineer, Data Scientist, Quantitative Analyst, Core Engineer, etc., were available. Leading recruiters such as Texas Instruments, Bajaj Auto Ltd, Cetak Ltd, Qualcomm, among others, took part in the placement drive.
IIT Madras Placements Branch Wise 2024
Candidates can check the branch-wise companies that came for placement at IIT Madras along with their placement package below.
Name of the company | Package offered | Job Role Offered | Applicable Branches |
AB InBev | 23.5 LPA | Global Management Trainee | All BTech Branches |
Abascus.AI | 40 LPA | Software Engineer (ML) | CS |
Accenture | 15.92 LPA | S&C Delivery Associate | All BTech Branches |
Accenture Japan Ltd. | 74 LPA | Digital Consultant | All BTech Branches |
AIRBUS Group India | 10 LPA | Associate Industrial System Engineer | AE, ME |
Amada Soft India Pvt. Ltd. | 18 LPA | Trainee Engineer | AE, CSE, MM, ME, EE |
Amadeus Software Labs | 17.7 LPA | Software Development Engineer 2 | All BTech Branches |
Amuse Labs | 20 LPA | Software Engineer | CSE |
Appian Corporation | 25.51 LPA | Software Engineer | All BTech Branches |
Arga Investment Managemet India Pvt Ltd | 16 LPA | Global Research Associate – Climate Transition | All BTech Branches |
ARM Technologies | 15 LPA | Graduate Engineer | CS, EE |
Aspect Ratio Pvt Ltd | 17 LPA | Analyst | All BTech Branches |
Axis Bank | 14.43 LPA | Manager | All BTech Branches |
Axtria India Pvt Ltd | 14 LPA | Sr. Associate | IDDD-Tech MBA |
Centelon IT Solutions LLP | 8 LPA | Software Engineer | All BTech Branches |
Corridor Platforms | 32 LPA | Full Stack Developer | All BTech Branches |
Da Vinci | 1.35 CPA | Software Engineer | CSE |
Databricks | 1.16 CPA | Software Engineer(US) | All BTech Branches |
Deutsche India Pvt Ltd | 19.63 LPA | Software Engineer | All BTech Branches |
Dolat Capital | 27 LPA | Quantative Analyst | All BTech Branches |
Flipkart | 32.57 LPA | SDE-1 | CS, EE |
Gan Studio Pvt Ltd | 15 LPA | Deep Learning Engineer | CSE, EE |
Glean Search Technologies India Pvt Ltd | 2.50 CPA | Software Engineer | CSE, EE |
35.24 LPA | Software Engineer | All BTech Branches | |
Graviton Research Capital | 84 LPA | Software Engineer | CS, EE |
Groww | 30 LPA | Associate Product Manager | All BTech Branches |
Gulf Talent | 52.26 LPA | Business Analyst | All BTech Branches |
HiLabs | 28.43 LPA | Software Development Engineer | All BTech Branches |
HPCL | 16.97 LPA | Officer – Engineering | CH. ME |
HSBC | 14 LPA | Product Control | All BTech Branches |
Indus Insights | 16.37 LPA | Sr. Associate | All BTech Branches |
Info edge | 20 LPA | Data Science | All BTech Branches |
Infurnia | 40 LPA | Software Development Engineer | CS, EE |
Intel Technology India Pvt Ltd | 19.77 LPA | Software Engineer | CSE, EP, EE |
JP Morgan Chase & Co. | 37.50 LPA | Strategy and Growth Engineering Program | CS, EE |
Media.net | 39.31 LPA | SDE | All BTech Branches |
Meesho | 20 LPA | Associate Product Manager | All BTech Branches |
Merilytics | 10 LPA | Sr Business Analyst | All BTech Branches |
Micron Technology | 25.09 LPA | Test Solutions Engineer | CS, EP, EE |
Microsoft | 51.03 LPA | Software Engineer | All BTech Branches |
Navi Technologies Ltd | 34 LPA | Business Analyst | All BTech Branches |
NK Securities Pvt. Ltd. | 1.68 CPA | Software Deveoper | CSE, EP, EE |
NPCI | 20 LPA | IT Analyst | CH, CE, AE, CSE, ME, MM, EP, EE |
OLA | 43 LPA | Founder’s Office – Program Manager | All BTech Branches |
OPPO India R&D Center | 34 LPA | Software Engineer (Level – 3) | MTech (CS, EE, Maths) |
ORMAE | 13 LPA | Analytics | CSE, ME, EE |
Petronet LNG Limited | 18.93 LPA | Graduate Engineer Trainee | CH, CE, ME, EE |
Piramal Capital and Housing Finance Ltd. | 26.50 LPA | GET – BIU | All BTech Branches |
Plex Labs | 26 LPA | Software Engineer | CSE |
Procter and Gamble | 30.12 LPA | Product Supply Manager | All BTech Branches |
Qualcomm | 48.27 LPA | Sr Engineer – Security System | CSE Dual, EE Dual |
QuickSell | 50 LPA | ML Engineer | All BTech Branches |
Shell India Markets Pvt Ltd | 24.61 LPA | Data Scientist | CH, EE, ED, ME |
SLB | 26.07 LPA | Full Stack Developer | CSE, EE |
Sprinklr | 45 LPA | Platform Software Engineer | NA, CH, CE, CSE, ME, MM, EP, EE |
SRF Ltd | 10 LPA | Design Trainee | CH |
StepChange | 20 LPA | Data Scientist | All BTech Branches |
Suntory Holdings Limited | 70.06 LPA | Global IT Strategy | All BTech Branches |
Svaya Robotics Pvt Ltd | 11 LPA | Robotics Motion Planning | ED, IDDD-Robotics |
TATA Advanced Systemd Ltd | 8 LPA | Post Graduate Engineer Trainee | MTech (AE, AM, ED, ME, MM) |
Technip FMC | 7.9 LPA | Associate Engineer | MTech (Ocean Engineering) |
Texas Instruments | 36.42 LPA | Digital Engineer | EP, EE |
Trimble Information Technologies India Pvt Ltd | 16 LPA | Software Engineer | All BTech Branches |
Uniorbit Technoloies Pvt Ltd | 20 LPA | SDE-1 | All BTech Branches |
Wells Fargo | 35 LPA | Program Associate – Analytics | All BTech Branches |
Wipro Enterprises | 20 LPA | FMCG | CH, ME |
YCP Auctus | 18.31 LPA | Analyst | All BTech Branches |
Zomato Limited | 25 LPA | SDE-1 | All BTech Branches |
IIT Madras Highest Package 2024
The highest package for IIT Madras 2024 has not been announced yet. It will be announced along with the placement report 2024. Candidates can however know about the highest package offered at IIT Madras in 2023. The highest package offered to students at IIT Madras in 2023 was INR 1.31 crore per annum. The IIT Madras highest package 2024 is expected to go higher than the previous year.
IIT Madras Average Package
Course Name | 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 |
A comparison of the median package details from the last two years shows a positive trend in the MBA and MTech programs at IIT Madras. For UG (BTech, DD, IDDD), MS (Science streams), and PhD programs, the median package decreased from 2022 to 2023. In addition to this, the median package for MS (Engineering disciplines) and MA (Humanities and Social Sciences) has remained unchanged over the last two years. To enhance your understanding, refer to the table below illustrating the comparison of IIT Madras placement packages for 2022 and 2023.
Course Name | Median Package 2022 | Median Package 2023 |
UG (BTech, DD, IDDD) | INR 18 LPA | INR 17 LPA |
MTech | INR 13.02 LPA | INR 15 LPA |
MS- Engineering Streams | INR 15 LPA | INR 15 LPA |
MSc- Science Stream | INR 14 LPA | INR 9.62 LPA |
MA (Humanities and Social Sciences) | INR 13.69 LPA | INR 10.95 LPA |
MBA | INR 15.35 LPA | INR 20.80 LPA |
PhD | INR 16.50 LPA | INR 15 LPA |
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