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IIT Madras Placements 2024, Check Branch Wise Placements, Highest Package, Average Package

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.

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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
Google 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

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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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FAQs

What is the salary of IIT Madras placements 2024?

The average CTC was INR 16.93 lakh annually, while the median CTC was a bit less at INR 16.39 lakh, reflecting a robust salary distribution within the group.

What are the statistics for IIT Madras placements 2024?

The average and median packages for the 2024 batch at IIT Madras were INR 22 LPA and INR 19.60 LPA, respectively. The largest portion of students (40%) who secured placements during IIT Madras placements 2024 was offered roles in the Core sector, with 20% receiving job offers in the Software sector.

Which branch is best in IIT Madras?

The leading branches in IIT Madras are Computer Science and Electrical Engineering. To obtain CS at IIT Madras safely, you must achieve an all India rank below 160 in JEE Advanced. For EE, you require a rank of approximately below 600. In addition to that, Mechanical, Chemical, and Aerospace fields are also favored by students.

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