IIT Madras Phase 1 Placements Report 2023-24: Key highlights, top recruiters
More than 50% of students of IIT Madras have also been recruited via the phase 1 placements. Soon, the second phase placement will be commenced.
IIT Madras Phase 1 Placements Report 2023-24: The Indian Institute of Technology, Madras has concluded the Phase 1 placement in December 2023. Despite having plenty of challenges including the aftereffect of the Michaung cyclone in Tamil Nadu, the Institute has witnessed a record number of offers via the Phase 1 placements. As per the statistics, approximately 50% of the institute's students already have been recruited.
Comparing the previous years’ data, this year, the percentage of being hired in the core sector has significantly increased. Also, the percentage of being recruited by international companies for postgraduate students has increased.
- The median salary offered by the organizations is over 19 lakh
- More than 55% of the recruited students belong to the socially and economically backward classes
- Also, there is a 19% increase in the internship offers
IIT Madras Phase 1 Placements 2023-24: Salary Package
Check out the salary package of IIT Madras phase 1 placements 2023-24 here in the given section:
- The highest package offered to the BTech and MTech students is Rs 1.31 Crore per annum and Rs 54.21 LPA respectively
- The highest package offered to the Ph.D students is 35.89 LPA
IIT Madras Phase 1 Placements 2023-24: Top Recruiters
Some of the top recruiters of IIT Mastad phase 1 placement drive were:
- Amazon
- Bajaj Auto Limited
- EY India
- Reliance
- TCS
- Texas Instruments
- JP Morgan Chase and Co
- Adobe
- Procter and Gamble
- Dr. Reddy’s Laboratories etc.
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