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IIT Madras Placements 2024 - Average & Highest Package, Percentage

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Updated on - Nov 12, 2024 10:26 AM IST

IIT Madras Placements 2024

IIT Madras placement report 2024 has been released for management courses. As per the report, the institute achieved 100% placements for management students in 2024. A total of 32 recruiters including McKinsey, Accenture, Cisco, Dell etc. hired MBA students. IIT Madras highest package for MBA course in 2024 stood at Rs 29,65,000 per annum whereas the average package stood at Rs 16,93,000 per annum.

For engineering courses, the institute has concluded phase 1 and phase 2 of 2024 placement. However, IIT Madras placement report 2024 for engineering is yet to be released. A total of 1091 students got placed during phase 1 and 2 of 2024 placements at IIT Madras. Over 256 recruiters participated and the average package stood at Rs 22,00,000 per annum. A total of 300 pre-placement offers were made to engineering students during IIT Madras placements 2024 out of which 235 were accepted by students.
 

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IIT Madras Highest Package 2024

During 2024 IIT Madras placements, the highest package offered to MBA students was Rs 29.65 LPA and for MS students it was Rs 20 LPA. The institute is yet to release the overall highest package for the year 2024. 

ParticularsHighest Package 2024
Highest Package - Tech MBARs 48,29,000 per annum
Highest Package - MBARs 29,65,000 per annum
Highest Package - MSRs 20,00,000 per annum

As per IIT Madras placement report 2023, the highest package in 2023 was Rs 1.31 crore per annum (overall). MBA students were offered a highest package of Rs 30.6 LPA during IIT Madras placements for 2023. 

ParticularsHighest Package 2023
OverallRs 1,31,63,530 per annum
MBARs 30,06,000 per annum
Tech MBARs 22,00,000 per annum
MSRs 21,63,000 per annum
BTech, DD, IDDDRs 1,31,63,530 per annum
MTechRs 49,70,000 per annum
MS - Engineering streamRs 54,21,616 per annum
MScRs 19,71,000 per annum
MARs 26,57,000 per annum
PhDRs 35,89,464 per annum
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IIT Madras Average Package 2024

According to the IIT Madras placement report 2024 (till May) for engineering courses, the average package stood at Rs 22 LPA. For management courses, IIT Madras average package for MBA was Rs 16.93 LPA in 2023. Furthermore, for the MS course it stood at Rs 14,37,500 per annum. 

ParticularsAverage Package 2024
Average Package - Overall (till May)Rs 22,00,000 per annum
Average Package - Tech MBARs 27,37,272 per annum
Average Package - MBARs 16,93,000 per annum
Average Package - MSRs 14,37,500 per annum

During IIT Madras placements for 2023, the average package for MBA was Rs 18.9 LPA. For engineering courses, the institute released median package data branch-wise format in 2023. 

ParticularsAverage Package 2023
Average Package - MBARs 20,19,000 per annum
Average Package - MSRs 19,31,000 per annum
Average Package - Tech MBARs 18,19,000 per annum
CourseMedian Package 2023
B.Tech, DD and IDDDRs 17,00,000 per annum
MTechRs 15,00,000 per annum
MS - Engineering streamRs 15,00,000 per annum
MScRs 9,62,333 per annum
MARs 10,95,705 per annum
PhDRs 15,00,000 per annum
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IIT Madras Placement Statistics

As per the IIT Madras placement report 2024 (phase 1 and phase 2) for engineering courses, 80% students from BTech and dual degree & 75% students from MTech courses got placed till May 2024. A total of 1091 engineering students got placed during IIT Madras placements 2024. 

Particulars2024 (Engineering)2023 (Engineering)
Placement percentage

80% - BTech and dual degree

75% - MTech

90%
Number of students placed1091-
Number of offers made-1612
Companies participated256480+
Pre-placement offers300350
Highest package offered-Rs 1.31 crore per annum
Average package offeredRs 22 lakh per annum-
Particulars2024 (MBA)2023 (MBA)
Placement percentage100% 100%
Number of students placed8467
Companies participated3226
Pre-placement offers37% of the batch42% of the batch
Average package offeredRs 16,93,000 per annumRs 20,19,000 per annum
Average package offered (top 25%)Rs 21,89,000 per annumRs 26,96,000 per annum
Highest package offeredRs 29,65,000 per annumRs 30,06,000 per annum
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IIT Madras Placement Comparison 2024 vs 2023

  • The percentage of pre-placement offers made to MBA students has decreased to 37% in 2024 from 42% in 2023. 
  • IIT Madras average package for MBA recorded a dip of 16% in 2024. It declined from Rs 20.19 LPA in 2023 to Rs 16.93 LPA in 2024. 
  • IIT Madras placement companies for engineering courses decreased by 224. Till May 2024, 256 companies participated in placements, it was 480+ in 2023. 
  • The institute has maintained a 100% placement record for the MBA students in 2024 as well. In 2023 also it achieved 100% placements. 
  • A 14% decline has been observed in pre-placement offers made to engineering students in 2024 in comparison to 2023. 
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IIT Madras Top Recruiters

IIT Madras has strong networks with national and international organisations. The University of British Columbia, Curtin University, National Tsing Hua University, University of Tokyo etc. are some of the international partners of the institute. Indian Institute of Technology Madras has a placement cell that looks after the overall placement process. Some of the well known recruiting companies of the institute are Apple, Google, Microsoft, Accenture, Dell, Amazon etc. 

AppleAmazonDeloitte
GoogleIntelICICI Bank
ITCMicrosoftSamsung
CiscoFlipkartHoneywell
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IIT Madras QnA

Is IIT Madras good for placements?

Indian Institute of Technology Madras is one of the best colleges for placements in India. Every year more than 90% students from engineering courses and 100% students from management courses get placed in top-notch companies with handsome packages during IIT Madras placements.

Which branch of IIT Madras has the best placements record?

As per the IIT Madras placement report of the last few years, management courses have the best placement record at the institute. In the year 2023 and 2024, IIT Madras achieved 100% placement for the Master of Business Administration (MBA) course.

What is the highest package for BTech in IIT Madras?

The institute is yet to release the 2024 highest package for BTech. However, in 2023, IIT Madras highest package for BTech was Rs 1,31,63,530 per annum. It was offered to a BTech Computer Science and Engineering student.

Who are the top recruiters of IIT Madras?

Apple, Microsoft, Google, Intel, Cognizant etc. are some of the top recruiters of IIT Madras for the engineering domain. For management domain, the top recruiters are Accenture, Big Basket, KPMG, Deloitte, HDFC Bank etc.

Does IIT Madras have 100% placement?

Yes, IIT Madras has 100% placements for Master of Business Administration (MBA) course. The college achieved a 100% placement for MBA in the year 2024 and 2023. For engineering courses, the placements are around 90%.

What is the minimum package in IIT Madras?

The institute has not released the minimum package data for the year 2024. In the year 2023, the minimum package offered during IIT Madras placement was Rs 5,40,000 per annum.

What is the highest package in IIT Madras for MBA?

As per the IIT Madras placement report 2024 for MBA, the highest package stood at Rs 29,65,000 per annum. In 2023, the highest package for MBA was Rs 30,06,000 per annum. A 100% placement has been achieved by IIT Madras for the MBA course in 2024.

What is the highest package in IIT Madras for BTech CSE?

The 2024 placement data is yet to be released by the institute. According to the IIT Madras placement report 2023, the highest package for BTech CSE was Rs 1,31,63,530 per annum. It was also the overall highest package of the institute in 2023.

What is the placement percentage at IIT Madras?

IIT Madras placement percentage is around 90% for engineering courses and 100% for management courses. The institute has a Placement & Internship Cell that looks after placement and summer internships at the campus.

How many companies visit IIT Madras placements?

During phase 1 and phase 2 placements of 2024 (till May), a total of 256 companies participated in IIT Madras placements. In the year 2023, more than 480+ companies hired IIT Madras students. Some of the regular recruiters are Google, Microsoft, Dell, KPMG, ICICI Bank etc.
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IIT Madras Reviews

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Placement review of IIT Madras
By Perwej Alam | B.S & M.S in Physics | 2022
September 10, 2024 08:14:42

Placement: The placement scenario at IIT Madras is highly impressive and one of the best among Indian institutions. The institute consistently boasts high placement rates, with a large percentage of students securing positions before graduation. Leading national and international companies across various sectors, including technology, finance, consulting, and research, actively recruit from IIT Madras. The placement process is well-organized, with extensive pre-placement training, workshops, and career counseling to prepare students. Competitive salary packages and prestigious job offers are common, reflecting the institute's strong industry connections and the high caliber of its graduates. Overall, IIT Madras maintains a stellar placement record, contributing significantly to its reputation.

Placement

5
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A
Provide 99% Placements in MNCs
By Akshat | M.Tech in Aerospace Engineering | 2023
July 17, 2024 09:48:18

Placement: No need to worry about placements because every small to international company visits this institute for placements.and the average package is 17 - 20 LPA.

Placement

5
Show Morereport Report
M
Placements at IIT Madras: Paving the Path to Professional Success
By Manu C | B.Tech in Computer Science & Engineering | 2026
February 19, 2024 08:02:17

Placement: Placements at the Indian Institute of Technology Madras (IIT Madras) are a testament to the institute's commitment to excellence and its reputation as a premier engineering institution in India. With a track record of stellar placements year after year, IIT Madras consistently attracts top recruiters from diverse sectors, offering students lucrative career opportunities and pathways to professional success. Here's an overview of the placement process and outcomes at IIT Madras: Robust Placement Process: The placement process at IIT Madras is meticulously planned and executed, beginning well in advance of the final year. The institute's dedicated placement cell works tirelessly to facilitate interactions between students and prospective employers, organize recruitment drives, and provide career guidance and support to students throughout the placement process. Diverse Recruitment Pool: IIT Madras attracts a diverse pool of recruiters from various sectors including technology, finance, consulting, manufacturing, and research and development. Leading multinational corporations, startups, government organizations, and research institutions vie for the opportunity to recruit top talent from the institute, offering a wide array of job profiles and career paths to students. Industry Connections: The institute's strong industry connections and alumni network play a pivotal role in facilitating placements. Recruiters value the rigorous academic training, practical exposure, and problem-solving skills that students acquire during their tenure at IIT Madras, making them highly sought after in the job market. Internship Opportunities: In addition to placements, IIT Madras also provides students with ample internship opportunities, allowing them to gain valuable industry exposure, hands-on experience, and professional skills. Many internship experiences often translate into pre-placement offers (PPOs) or full-time job offers, providing students with a head start in their careers. High Placement Statistics: The placement statistics at IIT Madras are consistently impressive, with a high percentage of students securing job offers from reputed companies even before the completion of their degree programs. The average salary packages offered to students are competitive, reflecting the quality of education, talent, and skills that they possess. Career Guidance and Support: The placement cell at IIT Madras offers comprehensive career guidance and support services to students, including resume building workshops, mock interviews, personality development sessions, and industry-specific training programs. These initiatives help students prepare effectively for the recruitment process and enhance their employability quotient. In conclusion, placements at IIT Madras serve as a gateway to promising career prospects and professional success for students. With its robust placement process, diverse recruitment pool, strong industry connections, and unwavering support from the placement cell, IIT Madras continues to uphold its legacy of producing top-notch engineering talent that makes significant contributions to the global workforce.

Placement

5
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Best in terms of placment.
By Gagandeep | B.Tech in Chemical Engineering | 2022
February 19, 2024 07:51:48

Placement: This college has the best placement in Indian colleges. 800 students were placed this year, and placement phase 2 is ongoing. In my department, ten students were already PPO and 70 students have been placed. You will get every resource to prepare for placement here. In the chemical core, 5-6 companies come for placement.

Placement

5
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G
Quite good placements
By Giri raghav | B.Tech in Chemical Engineering | 2022
February 15, 2024 11:38:46

Placement: Many core and non core company come here for placements and approximately 70-80% students get placed every year.highest and lowest lpa were 45 and 8lpa for my chemical engineering department.Getting intership is little hard only 10 students manage to get intern for my department last year..but you can go for off campus internships also.

Placement

4
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Placements -the central point for any btech college
By KINJARAPU YASHWANTH | B.Tech in Electrical Engineering | 2023
February 11, 2024 09:42:36

Placement: Placements are done very well in iitm as nearly 450 companies come for only electrical engineering so you can imagine how much craze is there for iitm college

Placement

4
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S
About The Placement
By Samarth Sitape | B.Tech in Naval Architecture & Ocean Engineering | 2023
February 11, 2024 07:42:08

Placement: In this branch , placement is okay. But after spending 4 years in the college people involves in other activity and they choose their own path as some people didn't like the branch so much.

Placement

4
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Related Questions

H

Himani Daryani, Content Team

-Answered on Oct-23-2024

Hi,

Students will receive their results via the email IDs they used to register on CollegeDekho. Please check your inbox for the results. If you haven't received them, kindly let us know, and we will initiate the process as soon as possible.

I

Intajur Rahaman, Content Team

-Answered on Oct-07-2024

Dear Student,

IIT Madras does not offer an MBA specialization in Hospital Management. The MBA specializations offered by IIT Madras include Finance, Integrative Management, Human Resources & Organizational Behaviour, Marketing, Operations, and Information Systems. Admission to MBA programs offered by IIT Madras is done on the basis of scores in the Common Admission Test (CAT). Aspirants must also be graduates in any discipline with first class or 60% marks (55% for SC/ST/PwD) earned in their degree from a recognized/reputed University. Alternatively, candidates will also be eligible if they have a professional qualification equivalent to that of a University degree recognized by the UGC. Although there is no specialization offered in the field of Hospital Management by IIT Madras, the institute may offer the same in the foreseeable future. Aspirants may also check out other MBA colleges offering MBA in Hospital Management including IIM Bodh Gaya, Tata Institute of Social Sciences, K J Somaiya Institute of Management, etc.

A

Ashish Aditya, Content Team

-Answered on July-25-2024

Dear student,

IIT Madras is offering a four year Bachelor of Science (BS) Degree in Data Science and Applications. You can apply for this course even if you are studying in some other regular course. To apply, there are two ways: you can take the entrance exam conducted by IIT Madras or show your JEE Advanced score. Since you have achieved 95% in JEE Advanced 2024, you can directly apply for admission before September 15, 2024. With JEE Advanced score you can start the foundation course right away without any screening process. Keep in mind that a Bachelor of Science (BS) Degree in Data Science and Applications is divided into four courses: foundation course, diploma level, BSc level, and BS level. You can exit the course at any level you want. IIT Madras fees for the BS in Data Science and Application course is Rs 3,51,000 for the complete course if you study till the BS level. 

Does IIT Chennai offer MBA courses in HRM?
-vaishnavi -Updated on June-23-20239 Answers
r

riya, Student / Alumni

-Answered on June-23-2023
Being a management student of this university, I would say a big NO if you really wanted to do MBA than just go for LPU it is best university for management and yes for other subjects also. Industrial exposure, Internships are there and moreover best placements opportunities for management students are there in the university. According to LPU officials they usually say that they provide 100% placements to all the eligible and placement aspiring candidates. 500+ companies visit to the campus and university provide them the best of the candidates who are already industry ready. People who think that they can study from where ever and it will be best for them, then I am sorry to say this, that if u what to study for just a piece of a paper then please go ahead these universities/collages are no harm.
D

Diksha Sharma, Content Team

-Answered on Jan-07-2021

Dear Student,

IIT, Madras offers a total of 92 courses in offers courses in engineering, humanities, and social sciences, sciences, management, and technology. You can check all the courses offered by IITM on IIT Chennai Course List.

You can also fill the Common Application Form on our website for admission-related assistance. You can also reach us through our IVRS Number - 1800-572-9877.

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