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IIT Madras Placements 2023: Average Package: INR 21.48 LPA & Highest Package: INR 1.98 CP

Chennai, Tamil NaduAutonomous University

IIT Madras Placements 2023: Average Package: INR 21.48 LPA & Highest Package: INR 1.98 CP

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updated IIT Madras has started its 2023 placement drive. 1722 Students registered for the placements. On Day 1 of the placement drive, 445 students have already been placed. Students also received 407 pre-placement offers. 25 students received a salary package of above INR 1 CPA. 15 International Offers were received from four companies. 331 Recruiters registered for Phase 1 placement 2023. Students received various job roles like Software Development Engineer, Data Science, Quant, Core Engineer etc. 

Some of the top recruiters like Texas Instruments, Bajaj Auto Ltd, Cetak Ltd, Qualcomm etc participated in IIT Madras Placements 2023.

To know more click here IIT Madras Cutoff

IIT Madras Placements 2023 Report

Particulars Placements Statistics 2023
Total Pre-placement offers 407 offers
No. of Students Registered 1722
No. of Students Who Received Packages Above INR 1 CPA 25 students
Number of Students Placed  445 (Day 1)
Top Job Roles Software Development Engineer, Data Science, Quant, Core Engineer etc 
Top Recruiters Texas Instruments, Bajaj Auto Ltd, Cetak Ltd, Qualcomm etc

During IIT Madras Placements 2023, 445 students were placed on Day 1. Students received 407 pre-placement offers. 25 students received a salary package of above INR 1 CPA. Various job roles like Software Development Engineer, Data Science, Quant, Core Engineer etc were offered. Top Recruiters like Texas Instruments, Bajaj Auto Ltd, Cetak Ltd, Qualcomm etc participated in the placement drive. 

IITs Highest Salary Number of Offers
IIT Kanpur 1.9 CPA 519
IIT Delhi INR 4 CPA -
IIT Roorkee INR 1.3 CPA 500

Also check IIT Madras Ranking

IIT Madras Placements 2023 Company - Wise

The below table represents the company - wise number of offers made as of Day 1 by top recruiters:

Recruiters Number of Offers
Texas Instruments 14
Bajaj Auto Ltd 10
Chetak Tech Ltd 10
JP Morgan Chase & Co 9
Qualcomm 8
Procter & Gamble 7
Morgan Stanley 6
Graviton 6
McKinsey & Company 5
Cohesity 5

During IIT Madras Placements 2023, recruiters like Texas Instruments, Bajaj Auto Ltd, Chetak Tech Ltd offered 10 or more offers each.

Also check IIT Madras Scholarship

IIT Madras Placements Year - Wise Trends

The below graph represents the year - wise trends of IIT Madras Placements:

IIT Madras Placements Year - Wise Trends

During IIT Madras Placements 2023, 407 pre placement offers were received. The number of PPOs increased from 227 in 2022 to 407 in 2023.

Also check IIT Madras Hostel 

IIT Madras Placements 2022 Report 

Batch Placement Statistics (2020-21) Placement Statistics (2021-22)
Number of Companies Participated 256 480+
Number of Students Placed 725 1199
Number of Offers 1046 1491
Number of International Offers - 45
PPOs 186 231
Highest CTC INR 70 LPA INR 2.14 CPA
Average CTC INR 20.58 LPA INR 21.48 LPA
Major Sector Analytics / Consulting / Finance Core Engineering, Data Science and Analytics
Top Recruiters Microsoft, Qualcomm, Goldman Sachs Bajaj Auto, Goldman Sachs, JP Morgan

During IIT Madras Placements 2022, more than 480 recruiters participated & made 1491 placement offers. Recruiters like Apple, P and G, Google, American Express, Intel, Deloitte, Microsoft, ISRO, ICICI WQ Bank, CISCO, Jaguar, Wells Fargo, HCL Technologies, TCS, Bajaj Auto Limited, and many more participated in the placement drive.

The highest salary offered was INR 2.14 CPA & the lowest salary stood at INR 3 LPA.

Also check IIT Madras Admission 2023

IIT Madras Placements 2022 Salary Statistics

The below table represents the salary statistics of IIT Madras Placements 2022:

Salary Statistics Number of Offers
Offers above INR 30 LPA 203 offers
Offers between INR 20 LPA – INR 30 LPA 209 offers
Offers between INR 10 LPA – INR 20 LPA 606 offers
Offers between INR 5 LPA – INR 10 LPA 154 offers
Offers below INR 5 LPA 4 offers

During IIT Madras Placements 2022, 4 offers were made below INR 5 LPA. 154 offers were made between INR 5 LPA & INR 10 LPA. 606 offers were made between INR 10LPA to INR 20 LPA. 209 offers were made between INR 20 LPA to INR 30 LPA. 23 offers were made above INR 30 LPA.

Also check IIT Madras Courses & Fees

IIT Madras Placements 2022 Course - Wise

The below table represents the course - wise statistics of IIT Madras Placements 2022:

Name of the Course Highest Salary Offered Median Salary Offered
B. Tech INR 2.14 CPA INR 18 LPA
M. Tech INR 46.08 LPA INR 13.02 LPA
MA INR 22 LPA INR 13.69 LPA
MBA INR 25.30 LPA INR 15.35 LPA
MS INR 58.80 LPA INR 15 LPA
M. Sc INR 16 LPA INR 14 LPA
Ph. D INR 33 LPA INR 16.5 LPA

During IIT Madras Placements 2022, the highest salary was bagged by the B.Tech batch followed by the MS batch.

IIT Madras Placements 2022 Branch - Wise

The below table represents the branch - wise statistics of IIT Madras B.Tech Placements:

Particulars Average Salary
B. Tech. (CSE) INR 41.72 LPA
B. Tech. (ECE) INR 24.4 LPA
B. Tech. (all included) INR 33.06 LPA

During IIT Madras Placements 2022, B.Tech CSE batch received an average salary of INR 41.72 LPA & B.Tech ECE batch received an average salary of INR 24.4 LPA. The overall B.Tech average salary stood at INR 33.06 LPA.

Also check IIT Madras Distance Education

IIT Madras Placements 2023 Top Recruiters

Microsoft Texas Instruments Google Uber
Qualcomm C-Dot Enphase Energy Oracle
Nutanix Thoughtspot MTS-2 Squarepoint SDE American Express
JP Morgan & Chase Bajaj Rippling Tibra
Cohesity Sprinklr Procter & Gamble Graviton

IIT Madras Summer Internship Placements 2023 Report

Batch Internship Statistics 2022 Internship Statistics 2023
Number of Recruiters 146 122
Number of Students Registered 1330 1397
Number of Students Placed 708 504
Percentage of Students Placed 54% 36%
Total Number of Offers 772 557
Highest Stipend INR 12 Lakhs per month -
Lowest Stipend INR 7.5 K per month -
Top Recruiters - Qualcomm, Honeywell, Microsoft, Goldman Sachs

During IIT Madras Summer Internship Placements 2023, 1397 students registered for the placement drive. Among these students, 504 students were placed with 557 internship offers. The internship percentage stood at 36% till date. 122 recruiters participated in the summer internship placement drive. Some of the top recruiters are Qualcomm, Honeywell, Microsoft, Goldman Sachs etc.

Also check IIT Madras News & Articles

IIT Madras Summer Internship Placements 2022 Sector - Wise

The below table represents the highest stipend offered from each sector during IIT Madras Summer Internship Placements 2022:

Name of the Sector Highest Stipend Offered
Financial services sector INR 12 lakhs per month
IT and software development INR 12 lakhs per month
Engineering and technology INR 2 lakhs per month
Data science and analytics INR 2 lakhs per month
Research and development INR 1.5 lakhs per month
Management INR 1.5 lakhs per month
Education INR 10000 per month

During IIT Madras Summer Internship Placements 2023, the highest stipend was offered from the Financial Service Sector, IT & Software Development sector.

Also check IIT Madras Q&A

IIT Madras Alumni Network

Name of Organizations Number of Alumni
Indian Institute of Technology, Madras 2149
Amazon 513
Google 457
Microsoft 454
Center For Innovation (CFI) 285

IIT Madras Placements FAQs

Ques. What was the highest package offered at the Indian Institute of Technology (IIT), Madras for the 2022 placement drive?

Ans. The highest package offered at the Indian Institute of Technology (IIT), Madras for the 2022 placement drive was INR 2. 14 CPA.

Ques. What was the highest stipend offered at the Indian Institute of Technology (IIT), Madras?

Ans. The highest stipend offered at the Indian Institute of Technology (IIT), Madras was INR 12 lakhs per month.

Ques. How many offers were presented at the placement drive of 2022 at the Indian Institute of Technology (IIT), Madras?

Ans. 1491 offers were presented at the placement drive of 2022 at the Indian Institute of Technology (IIT), Madras. Placement offers increased by 43 % in the year 2022.

Ques. In which sector the highest number of internships were offered at the Indian Institute of Technology (IIT), Madras for the year 2022?

Ans. IT and Software Development sector received the highest internship offers at the Indian Institute of Technology (IIT), Madras for the year 2022.

Ques. Which sector had the highest placement for the 2022 placement drive at the Indian Institute of Technology (IIT), Madras?

Ans. Engineering and technology had the highest placement for the 2022 placement drive at the Indian Institute of Technology (IIT), Madras.


Highest and Average Packages

Highest Package1.98 Cr
Average Package21.48 L
Engineering (6)

Reviews found (6)

Overall Rating5
placement
5.0
college
5.0
course
5.0
hostel
5.0
internship
5.0
campus life
5.0
Placement Experience:

In 7th(or)8th Semester students are eligible for placements. There are many companies around 200+ companies have came last year. The highest package is 3 crore and the average depends on the branch you choose. 80% of them will get placements. I am planning to keep a startup.

Internships Opportunities:

There are many companies offering internships and it is difficult to name each and every one of them. But I can guarantee you that whichever company you will get a good package for internships.

Read Full Review
Reviewed on October 26, 2023|
Overall Rating4.3
placement
4.0
college
4.5
course
4.0
hostel
4.5
internship
4.0
campus life
4.5
Placement Experience:

From the 5th semester students become eligible for campus placements, Google, Microsoft, big tech companies finance companies, and startups, The average package for the year 2022 is approximately 20L/annum. And there are more than 1,500 offers made each year. Almost everyone gets placed with more or less salary. I want to either pursue higher education or join a job based on my interests at that period. But I will do what I am interested in.

Internships Opportunities:

There will be a fair conducted each and every semester for hiring and applying for internships. Talented students often end up with good company with decent pay. You get different roles to apply like product manager, full stack developer, finance analyst, and design specialist. etc. You will get an ample amount of learning through these internships along with money. The best part is you do not need much knowledge prior.

Read Full Review
Reviewed on October 21, 2023|
Overall Rating3.9
placement
4.5
college
4.5
course
3.0
hostel
4.0
internship
4.0
campus life
3.5
Placement Experience:

Placements at IIT Madras are fantastic! Students get the chance to dive into the job market from their 6th semester onwards, and boy, the list of companies that roll in is impressive. You've got giants like Google, Microsoft, and a bunch more snatching up talent left and right. The highest packages are jaw-dropping and around 14,00,000 a month, and the average ones are nothing to scoff at either. Pretty much everyone here walks away with a sweet job offer. It's a great feeling, I tell you. As for me, I'm all set to chase my dream tech job after I get that shiny degree. The opportunities are endless, and it's an exciting ride ahead!

Internships Opportunities:

I did my internship at Reliance Industries Limited. it was a core intern and I got it in my internship drive. We also have a research park at our campus which is a hub for all the budding startups, that provide Internships here. It's very resourceful and there are a huge number of opportunities here at IIT Madras. The stipend would be averaging around 50k per month.

Read Full Review
Reviewed on October 17, 2023|
Overall Rating3.5
placement
5.0
college
2.5
course
3.0
hostel
3.5
internship
3.0
campus life
4.0
Placement Experience:

We have a placement drive and a portal in which you apply for the company. Almost everyone gets placed in IITM through the portal. It generally comprises sending your resume to a company and they shortlist people based on your CV for exams. Based on your performance in the exam you get selected for an interview and an offer is given.

Internships Opportunities:

Almost the same applies to internships and the majority of them get their internship during the intern drive in the third year. I did my internship in Olam International and my stipend was 50,000 per month. Some students did their internship abroad and earned around 6 lakhs per month.

Read Full Review
Reviewed on October 16, 2023|

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Ask your question

Answered Questions

Indian Institute of Technology - [IITM],madras: 244 answered questions

YS

Yashveer Singh

01 Mar 22

M.Tech structural engineering at IIT Madras is both challenging and rewarding. IITM is a prestigious institution, and its tag holds a lot of value both inside and outside of India. 

Time will pass very quickly during this course, and by the end of it, you’ll feel that there’s still a lot more to learn. The environment is quite competitive. If you’ll miss your lectures, it’ll be very hard to understand basic concepts while preparing for exams. 

Some professors are very likable, but you’ll not like the teaching style of many. Added to it is the tremendous workload. You’ll be overwhelmed by the never ending assignments. You won’t be spoon fed by anyone. You’ll get the reference books, syllabi and lecture notes, but you’ll have to study by yourself on a regular basis. 

Work hard by yourself, and show keen interest in learning. The professors will be happy to guide you and work with you, given that you show proper interest. They publish lots of research material every year, and are in constant search of good students to help them. 

Your career will get a positive direction at IIT Madras if you’ll work hard and make the most of your time on campus.


RB

Ranjini Banerjee

01 Mar 22

Admission to a Ph.D. program at IIT Madras depends on a number of factors. The GATE cutoff doesn’t have much weightage in the selection process. For shortlisting, IIT Madras considers the 10th, 12th, graduation, and masters percentile along with your GATE percentile. You need to have a valid GATE score but the required score is lower compared to the M.Tech cutoff. 

For selection, more emphasis is placed on your performance in the written test and interview. 


TB

Tithi Banerjee

11 Mar 22

Here are some of the reasons why IIT Madras is considered among the top IITs. 

Ranking: 

IIT Madras is ranked among the top technical institutes consistently. In 2020, it was ranked 1st in the country by NIRF. In 2021 NIRF ranking it has been ranked 2nd

The German Connection: 

It is the third oldest IIT. It was established with technical and financial support from West Germany.

IIT Madras Research Park: 

IITMRP is India’s first university-based research park. The research park includes the expertise of reputed IIT M faculties, industry leaders, and advanced infrastructure.  You will also get access to specialized research facilities and labs. The motto of the research park is to encourage innovation. They help incubate innovative start-ups by providing initial infrastructure, faculty expertise, and R&D support.

Fastest Computing System: 

The PG Senapathy Center for Computing resources has the IBM Virgo Super Cluster. It is the fastest computer system among all educational institutes in the country. It offers a computer power of 97 teraflops. 

Placements: 

IIT Madras has a great placement record. The batch of 2021 received an average CTC of INR 20.58 LPA and the highest CTC of INR 70 LPA.

The large and serene campus is another reason why IIT Madras stands out. It is rich in greenery and wildlife. You will find deers and endangered blackbuck living in harmony with the students on campus. 


TB

Tushar Banerjee

30 May 22

DoMS IIT Madras is counted among the top management institutes in India. It has a great placement record. Companies like Google, Avalon consulting, Amazon, RBS, CTS, etc. visit the campus drive regularly. IIT Madras MBA placements 2022 concluded with an average CTC of INR 16.66 LPA. 

DoMS IITM strives for excellence. The faculty base is brilliant. You can get help from TAs and faculty members regarding any problem you face. Being on the lush green IITM campus is a treat. There are many engaging extra-curricular activities that you can take part in. 


PT

Prabhat Tripathi

14 Mar 22

The orientation is arranged so that the administration and the professors can get acquainted with the incoming batch. During the orientation program at IIT Madras, you will get to meet your fellow batch mates. You will hear about IIT Madras from the professions. You will get the detailed information regarding the campus and the activities that are organized regularly.


MB

Megha Banerjee

14 Mar 22

IIT Madras invites applications for P.hD and MS programs under regular/part-time/external schemes. If you have more than 65% in your UG and a decent GATE score, you will probably get a call for a written test. Once shortlisted, you will have to write an online or offline written test. The syllabus is similar to the GATE syllabus. If you clear the written test, you will get an interview call. 


AS

Arati Sinha

25 Mar 22

IIT Madras hostel facilities are the same for students of all degree programs. M.Tech, MS, or Ph.D. students don’t get any different facilities. 

  • PG students have single room accommodation. Every room has LAN connectivity. You will get access to DC++, a great sharing platform. There’s also a separate computer room with LAN connectivity. You can use the computer room if you face any problems with your laptop.
  • Each bathroom has washing machines. 
  • You can get eatable, snacks from the vending machine, inside the hostel.
  • There’s a common room with television, magazines, and newspapers.

The hostels have a sports room with carom, TT, etc. Badminton court and other sports facilities are also available inside the hostel premises. 


AG

Anupama Guha

31 Mar 22

IIT Madras Physics faculty is great. If you are interested in Solid State Technology, the M.Tech program is ideal for you. However, the placement opportunities are limited. If you are interested in research, you will get good exposure through the degree. If you want to pursue a Ph.D. maintain a good academic record. Do various projects that can reflect your capabilities. 


AS

Aanya Singh

07 Mar 23

Admissions into IIT Madras are possible through ranks ranging from 1-10000 depending on the category, branch, number of seats available, etc.

To make the most out of IIT resources make sure you have clarity of goals and know what and why you are doing.

IIT Madras JEE Advanced Cutoff 2022 for General Category for various branches is listed below. The overall cutoff for JEE-Advanced is 167 - 10837 rank.

Courses

Cutoff Rank

B.Tech Computer Science Engineering

167

B. Tech Electrical Engineering

985

B.Tech Engineering Physics

2037

B.Sc + M.Sc Physics

2488

B. Tech Mechanical Engineering

2677

B.Tech Aerospace Engineering

3707

B.Tech Chemical Engineering

4334

BTech Civil Engineering

5855

B.Tech Metallurgical and Materials Engineering

5947


AB

Akriti Banerjee

14 Apr 23

Both IIT Delhi and IIT Madras are highly reputed institutes, and both have excellent electrical engineering departments. It is challenging to declare one institute as definitively better than the other as both are highly regarded and have their unique strengths. However, here are some points to consider that might help you in making a decision:

In terms of faculty, both IIT Delhi and IIT Madras have highly qualified and experienced professors, who are experts in their fields. However, the research output of IIT Delhi's electrical department is slightly higher than that of IIT Madras.

In terms of infrastructure and facilities, both institutes are well-equipped with state-of-the-art labs and equipment. However, IIT Madras has a larger and more extensive campus, which includes several research centers and facilities, making it a hub for cutting-edge research in the field of electrical engineering.

Both institutes have excellent placement records, with several reputed companies visiting the campus for recruitment. However, IIT Delhi has a slightly higher average placement package compared to IIT Madras.

Choosing between the two ultimately comes down to personal preferences and priorities. If you value research and a wider range of facilities, IIT Madras may be a better choice. However, if you prioritize placement opportunities and slightly higher research output, IIT Delhi may be the better choice.



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