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IIT Madras Placements 2024: Complete Statistics

IIT Madras Placements 2024: Highest Package, Average Package, Top Recruiters

IIT Madras continues to be one of India's premier engineering institutes, attracting top recruiters and providing excellent career opportunities to students. With a strong placement record, the institute has consistently seen high-paying job roles across various industries. The IIT Madras Placements 2025 season is expected to set new records, following the strong trends observed in previous years. With more recruiters, increasing international job offers, and competitive salary packages, the upcoming placement drive is likely to be one of the most successful in India.

The highest package at IIT Madras Placements 2024 stood at INR 1.31 Cr per annum, showcasing the institute’s strong reputation among recruiters. On the other hand, the lowest package was INR 5.40 LPA, ensuring a stable entry-level salary for graduates.

Highlights on IIT Madras Placement

The placement data for the 2024-25 batch was released. Based on media reports and previous trends, here are some key highlights:

Metric	Value
Total Students Placed	More than 1,091 (Phase I & II, as of April 2024)
Placement Rate	80% (B.Tech/Dual Degree) / 75% (Master's)
Pre-Placement Offers (PPOs)	235 out of 300 accepted
Total Recruiters	Over 256 companies
International Offers	44+ offers
Average Package (2024)	INR 22 LPA
Median Package (2024)	INR 19.60 LPA
Most Hired Job Roles	40% Core Engineering, 20% Software, others in Finance, Consulting, Data Science

IIT Madras Placements 2024 Overview

As per media reports, a total of 1,091 students secured placements during Phase I and Phase II of the 2024 placement season at IIT Madras. By April 30, 2024, over 80% of B.Tech/Dual Degree students and 75% of Master's students had been placed. Additionally, out of 300 Pre-Placement Offers (PPOs) extended, 235 were accepted. A total of 256 companies participated in the placement process, and students received 44 international job offers. The average and median salary packages for the 2024 batch were INR 22 LPA and INR 19.60 LPA, respectively. Regarding job roles, 40% of students were hired in the Core Engineering sector, while 20% secured roles in Software. Reports also indicate that IIT Madras has updated its B.Tech curriculum to include six-month internships.

In comparison, the 2023 placement drive concluded with 1,612 job offers from over 480 companies. The highest salary packages for B.Tech and M.Tech students in 2023 were INR 1.31 crore per annum and INR 54.21 LPA, respectively. For MS (Engineering Streams) and MSc (Science Streams), the median salary was INR 15 LPA and INR 9.62 LPA, respectively. Additionally, the highest packages recorded for MA and MBA graduates were INR 26.57 LPA and INR 30.66 LPA, while PhD students received offers up to INR 35.89 LPA. Some of the top recruiters in 2023 included Amazon, Bajaj Auto Limited, EY India, Reliance, and TCS.

IIT Madras Highest & Average Package 2024-25

The placement statistics at IIT Madras have shown a promising upward trend over the years.

Year	Highest Package (B.Tech)	Highest Package (M.Tech)	Average Package	Median Package
2023	INR 1.31 Cr per annum	INR 54.21 LPA	Not Disclosed	INR 19.60 LPA
2024	Expected to be higher	Expected to be higher	INR 22 LPA	INR 19 LPA
2025	To be announced	To be announced	To be announced	To be announced

Course-wise Placement Trends at IIT Madras

Course	Average Salary (2024)	Median Salary (2024)	Highest Salary (2024)
B.Tech in CSE	INR 52.32 LPA	INR 37.50 LPA	Yet to be released
M.Tech	INR 15 LPA	INR 15 LPA	INR 54.21 LPA
MSc (Science Stream)	INR 9.62 LPA	INR 9.62 LPA	INR 30+ LPA
MBA	INR 20.80 LPA	INR 20.80 LPA	INR 30.66 LPA
PhD	INR 15 LPA	INR 15 LPA	INR 35.89 LPA

Comparison with Other IITs (2023-24 Data):

The table below compares the 2023 placement data of IIT Madras with other closely ranked IITs:

IIT Name	Highest Package	Number of Offers
IIT Madras	INR 1.31 Cr per annum	1,612
IIT Delhi	INR 2.40 Cr per annum (International)	1,300
IIT Bombay	INR 3.67 Cr per annum (International)	1,788
IIT Kanpur	INR 1.90 Cr per annum (Domestic)	1,200

IIT Madras Placements 2024: Top Recruiters

Recruiters at IIT Madras include top multinational companies, fast-growing startups, and research firms. The most notable recruiters for the 2024-25 placements include:

Tech & IT: Google, Amazon, Microsoft, Adobe, Intel, Flipkart, Infosys
Core Engineering: Texas Instruments, Schlumberger, Tata Steel, Bajaj Auto
Finance & Consulting: JP Morgan Chase, EY India, Deloitte, American Express
E-commerce & FMCG: ITC Ltd., Big Basket, Accenture
AI & Data Science: TCS, IBM, Cogoport, SAP Labs

IIT Madras Placement Report

A detailed comparison of the last two placement seasons:

Particulars	Placement Statistics (2022)	Placement Statistics (2023)
No. of offers	1,491	1,612
Companies visited	480+	480+
PPOs	231	350
Highest package	INR 2.14 crore per annum	INR 1.31 crore per annum
Lowest package	INR 3 LPA	INR 5.40 LPA
Offers above INR 30 LPA	203	172
Offers between INR 25 LPA - INR 30 LPA	75	48
Offers between INR 20 LPA - INR 25 LPA	134	135
Offers between INR 15 LPA - INR 20 LPA	264	312
Offers between INR 10 LPA - INR 15 LPA	342	226
Offers between INR 5 LPA - INR 10 LPA	154	152
Offers less than INR 5 LPA	4	N/A
Popular recruiters	Atlassian, Deloitte India, Capgemini	American Express, Cogoport, SAP Labs

Unique Aspects of IIT Madras Placements

6-month Internships: IIT Madras has modified its B.Tech curriculum to allow 6-month internships, giving students better industry exposure.
Rise in International Offers: The number of international recruiters has been consistently increasing.
Diverse Job Profiles: Students are recruited across diverse sectors such as software, core engineering, finance, consulting, research, and FMCG.
Strong Research Collaboration: Many students opt for research-based jobs, PhDs, and postdoc positions at top global universities.
Increased PPOs: Pre-placement offers have been increasing every year, reflecting the strong internship programs at IIT Madras.

Why IIT Madras is a Top Choice for Recruiters?

Top-ranked institute with cutting-edge research and industry collaboration.
Highly skilled graduates who undergo rigorous academic training.
Exposure to global companies through international placements.
Diverse talent pool with students from various engineering and management disciplines.
Strong industry partnerships with tech giants and core engineering firms.

Conclusion

The placement season at IIT Madras has consistently shown strong performance, with students securing roles in top national and international firms. With the modified B.Tech curriculum allowing 6-month internships, IIT Madras is ensuring better industry readiness for its students. As per placement trends, the 2025 placement drive is expected to see a higher number of offers, better salary packages, and an increasing number of international job opportunities. For students and parents looking for reliable placement insights, IIT Madras remains one of the most promising institutes in India, known for its excellent education and outstanding job opportunities.

FAQs on IIT Madras Placements 2024: Complete Statistics

1. What are the latest trends in IIT Madras Placements?

IIT Madras Placements have shown a strong upward trend, with over 1,091 students placed in Phase I & II of 2024. The placement rate stands at 80% for B.Tech/Dual Degree and 75% for Master’s students.

2. What is the IIT Madras Highest Package offered in recent years?

The IIT Madras Highest Package for B.Tech students in 2023 was INR 1.31 Cr per annum. The expected highest package for 2024 and 2025 is anticipated to be even higher.

3. How have IIT Madras Placements 2024 performed so far?

IIT Madras Placements 2024 have seen over 256 recruiters participating, with 44+ international offers. The average package for 2024 is INR 22 LPA, and the median package is INR 19.60 LPA.

4. What are the details of IIT Madras MBA Placements?

IIT Madras MBA Placements have been highly competitive, with the highest package reaching INR 30.66 LPA and an average package of INR 20.80 LPA.

5. What is the IIT Madras Average Package for 2024?

The IIT Madras Average Package for the 2024 batch is INR 22 LPA, with the median package standing at INR 19.60 LPA.

6. What is the IIT Madras CSE Average Package?

The IIT Madras CSE Average Package is INR 52.32 LPA, while the median package for CSE students is INR 37.50 LPA.

7. What is the Highest Package of IIT Madras for M.Tech students?

The Highest Package of IIT Madras for M.Tech students in 2023-24 was INR 54.21 LPA. The highest package for 2024 is yet to be disclosed.

8. What is the IIT Madras Mechanical Average Package?

The IIT Madras Mechanical Average Package varies yearly. In 2023-24, the average salary for core engineering roles, including mechanical, was around INR 15 LPA.

9. What is the IIT Madras Package for MSc and PhD students?

For MSc students, the average package is INR 9.62 LPA, while PhD graduates have secured packages up to INR 35.89 LPA.

10. Where can I find the IIT Madras Placement Companies List?

The IIT Madras Placement Companies List includes top recruiters like Google, Amazon, Microsoft, JP Morgan Chase, Adobe, Intel, Flipkart, ITC Ltd., Deloitte, EY India, and Texas Instruments.

11. What are the IIT Madras Civil Engineering Placements like?

IIT Madras Civil Engineering Placements have been strong, with students securing jobs in top construction, infrastructure, and consultancy firms. The average package varies between INR 9-15 LPA.