IIT Madras Placements 2023: Highest Package, Average Package, Top Companies ,Adyar, Chennai

What’s new regarding IIT Madras placements 2023? IIT Madras has released its placements report for the academic year 2022-23. As per the report, the 2023 placement drive concluded with 1,612 offers from more than 480 companies. The highest package offered to BTech and MTech programmes during IIT Madras placements 2023 stood at INR 1.31 crore per annum and INR 49.7 LPA, respectively. The median package offered to MS (Engineering Streams) and MSc (Science Stream) was INR 15 LPA and INR 9.62 LPA, respectively. Further, the highest package recorded for MA and MBA during placements 2023 stood at INR 26.57 LPA and INR 30.66 LPA, respectively. Moreover, the highest package offered to PhD students was INR 35.89 LPA. The top recruiters of IIT Madras in placements 2023 were Amazon, Bajaj Auto Limited, EY India, Reliance, TCS, etc.

IIT Madras Placements 2022: 

  • The number of offers made in 2022 increased by nearly 43% when compared with 2021

How were the placements at IIT Madras in 2023?

IIT Madras has released its placements report 2023. As per the report, 172 offers were presented above INR 30 LPA. Check the complete insights of IIT Madras placements 2023 from the table below:

Particulars

Statistics (2023)

No. of offers

1,612

Companies visited

480+

PPOs

258

Highest package

INR 1.31 crore per annum

Lowest package

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

The key highlights of IIT Madras placements 2023 are mentioned below:

Particulars

Placement Statistics (2023)

Pre-placement offers  407
Students registered 1,722
Students received packages above INR 1 crore per annum 25
No. of international offers 15
Total offers made 445
Companies registered 331
Popular recruiters Microsoft, Goldman Sachs, McKinsey & Company

NOTE: The above details are fetched from multiple media reports, hence, the actual data might vary.

As per the official report of IIT Madras placements 2022, 203 students received salaries above INR 30 LPA. Check the complete insights of IIT Madras placements 2022 from the table below:

Particulars

Placement Statistics (2022)

Offers made

1,491

Companies visited

480+

Top sector 

Engineering and Technology

PPOs

231

Highest package

INR 2.14 crore per annum

Lowest package

INR 3 LPA

Offers above INR 30 LPA

203

Offers between INR 25 LPA - INR 30 LPA

75

Offers between INR 20 LPA - INR 25 LPA

134

Offers between INR 15 LPA - INR 20 LPA

264

Offers between INR 10 LPA - INR 15 LPA

342

Offers between INR 5 LPA - INR 10 LPA

154

Offers less INR 5 LPA

4

What was the average package of IIT Madras in 2023?

The institute has not released the average package details officially. However, as per the data fetched from multiple online sources, the IIT Madras average package offered during 2022 placements is presented below:

Course

Average Package (2022)

BTech (Overall) INR 33.06 LPA
BTech CSE INR 41.72 LPA
BTech ECE INR 24.4 LPA

The median package for IIT Madras BTech, Dual Degree and Integrated Dual Degree courses was the highest during 2022 placements. The second in the row was PhD. Check the below table for course-wise IIT Madras median salary 2022:

Course

Median Package (2022)

BTech/ DD/ IDDD

INR 18 LPA

MTech

INR 13.02 LPA

MA

INR 13.69 LPA

MSc

INR 14 LPA

MS

INR 15 LPA

MBA

INR 15.35 LPA

PhD

INR 16.50 LPA

NOTE: The IIT Madras salary mentioned in the above table indicates the median package.

IIT Madras median package for almost all the courses recorded an improving trend, except MBA, for which a fluctuating trend was observed. The infographic below showcases the IIT Madras package trends for top courses:

IIT Madras Average Package Trends

NOTE: The salary mentioned in the above graph is the median package.

The median package offered to the other courses over the past three years IITM placements is mentioned in the below table:

Course

2020

2021

2022

MA

INR 8.19 LPA

INR 9 LPA

INR 13.69 LPA

MSc

INR 8 LPA

INR 6.5 LPA

INR 14 LPA

PhD

INR 15 LPA

INR 16.40 LPA

INR 16.50 LPA

Download:

IIT Madras Placement & Internship Report 2021-22

 

Check out more on Indian Institute of Technology Placement in the below video:

 

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Students reviews on IIT Madras

Download: IIT Madras course-wise offers made in different sectors

Salary Data of AlumniPowered by Naukri Insights

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Search from 6 popular courses
  • B.E. / B.Tech
  • M.E./M.Tech
  • M.Sc.
  • UG Diploma
  • MBA/PGDM
  • Executive MBA/PGDM
B.E. / B.Tech M.E./M.Tech M.Sc. UG Diploma MBA/PGDM +1 Popular Courses
Current Salary (as of 2022-23) by batch
  • Current salary of recent graduates is generally lower than the current salary of students who graduated in previous batches.
  • Maximum salary refers to 80th Percentile; Median salary refers to 50th Percentile
  • The above graph is based on limited data sourced from Naukri.com

Employers & Industries of AlumniPowered by Naukri Insights

Programme
Search from 6 programme
  • B.E. / B.Tech
  • M.E./M.Tech
  • M.Sc.
  • MBA/PGDM
  • Executive MBA/PGDM
  • Ph.D.
B.E. / B.Tech M.E./M.Tech M.Sc. MBA/PGDM Executive MBA/PGDM +1 Programme
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Search from 9 year of graduations
  • 2020
  • 2019
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2020 2019 2018 2017 2016 +4 Year of Graduations
Where they currently work
Their current Organizations
  • 15.91% | IIT Bombay
  • 4.55% | Walmart Global Technology
  • 4.55% | Procter & Gamble
  • 2.27% | Collabera
  • 2.27% | AlfaTKG Co. Ltd, Okabe Industries LTd - Japan
  • 2.27% | AMD
  • 2.27% | Dalberg Global Development Advisors
  • 2.27% | Deloitte
  • 2.27% | Distinct Horizon Private Limited
  • 2.27% | Goldman Sachs
  • 2.27% | HyperVerge Inc
  • 2.27% | Kotak Mahindra Bank
  • 2.27% | Mastering Skills
  • 2.27% | HSBC
Their Industry
  • 20.45% | IT-Software/Software Services
  • 18.18% | Education/Teaching/Training
  • 6.82% | Banking/Financial Services/Broking
  • 4.55% | Retail
  • 4.55% | FMCG/Foods/Beverage
  • 2.27% | Internet/Ecommerce
  • 2.27% | Accounting/Finance
Their Organization type
  • 20.45% | Corporates
  • 15.91% | Foreign MNC
  • 2.27% | Unicorn
  • 2.27% | Indian MNC (Mid Cap)
  • 2.27% | Indian MNC (Large Cap)
Where they got placed
IIT Bombay | Procter & Gamble | Walmart Global Technology | HyperVerge Inc | AMD | AlfaTKG Co. Ltd, Okabe Industries LTd - Japan | AskNBid | Collabera | Dalberg Global Development Advisors | Deloitte | Kotak Mahindra Bank | FashionDx | Goldman Sachs | HSBC | Distinct Horizon Private Limited

IIT Madras Placements 2023: Highest Package, Average Package, Top Companies, FAQs

Q. Is IIT Madras good for placements?

A. The number of offers made over the past three years of IIT Madras placements indicates a fluctuating trend. It dropped by nearly 3% from 2020 to 2021 and then increased by nearly 43% from 2021 to 2022. See the below infographic for a detailed analysis of IIT Madras placement trends:
IIT Madras Placement Trends

Q. Who got highest package in IIT Madras?

A.  IIT Madras highest package for 2022 was grabbed by UG students. The table below mentions the course-wise highest salary offered during IIT Madras placements 2022: 
Course Highest Package (2022)
BTech/ DD/ IDDD INR 2.14 crore per annum
MTech INR 46.08 LPA
MA INR 22 LPA
MSc INR 16 LPA
MS INR 58.80 LPA
MBA INR 25.30 LPA
PhD INR 33 LPA

Q. What was the average placement in IIT Madras?

A. During the IIT Madras placement 2022, over 480 companies participated in the recruitment drive and offered 1,491 offers. A large share of students was placed in the Engineering and Technology sector and the majority of students received packages between INR 10 LPA and INR 15 LPA. The IIT Madras highest package was made to UG students and the amount stood at INR 2.14 crore per annum.  

Q. How was the placement scenario at IIT Madras for the 2022 batch?

A. As per the latest placement report, 342 offers were made between INR 10 LPA and INR 15 LPA. The distribution of offers across different package range for IITM placements 2022 is showcased in the below snip:
IIT Madras placements 2022
Source: official placement report

Q. What is the procedure of placements at IIT Madras?

A. The IIT Madras placement procedure is explained in the table below:
IIT Madras Placement Procedure
Attendance and Punctuality A student who applies and gets shortlisted for interviews has to go through the entire selection process unless rejected midway by the company.
Any student who withdraws deliberately in the middle of a selection process will be disallowed from placement for the rest of the academic year.
Latecomers for GD/ Aptitude Test/ Interview will not be allowed to appear for the selection process.
Discipline Students should maintain discipline and show ethical behaviour during the entire placement process.
Students found cheating or misbehaving in the selection process (Test/ GD/ Interview) will be disallowed to appear for placements in the entire academic year.

Q. Are IIT Madras placements as good as IIT Bombay?

A. The highest package offered and the number of offers made in top IITs during 2022 placements is presented in the following table:
IIT Name Highest Package(2022) No. of Offers (2022)
IIT Madras INR 2.14 crore per annum 1,491
IIT Delhi INR 1.25 crore per annum 1,300
IIT Bombay INR 2.1 crore per annum 1,441
IIT Kanpur INR 1.2 crore per annum* 1,300*
* The details are for 2022 Phase I placements and are fetched from media reports. 

Q. What was the placement percentage of different branches in IITM?

A. The institute has not released the branch-wise placement rate. However, the sector-wise offers made is disclosed.  Engineering and Technology appeared as the most preferred sector with over 360 students placed in it. The second preferred sector was IT and Software Development. See the below pie chart depicting the sector-wise distribution of IITM placements 2022:
IIT Madras sector-wise placements 2022
NOTE: The 'Others' category represents the combined data of the Financial Services and Education sectors. 

Q. Who were the recruiters at IIT Madras placements 2022?

A. Some of the prominent recruiters that were part of IIT Madras placements 2022 are listed in the table below:
IIT Madras Placements 2022: Recruiters
Ernst & Young India Pvt. Ltd. Axis Bank HCL Technologies
Honeywell ICICI Bank JPMorgan Chase & Co.
McKinsey and Company Wells Fargo Wipro
Bajaj Auto Limited L&T Infotech American Express
Flipkart Internet Pvt. Ltd. VMock India Pvt. Ltd. TATA Consultancy Services Limited

Q. Where are IIT Madras alumni working?

A. According to unofficial sources, the majority of IIT Madras alumni are working in the Engineering sector. The pie chart below illustrates the detailed sector-wise distribution of alumni:
IIT Madras Alumni

Q. How can I download the IIT Madras placement brochure 2022?

A. Indian Institute of Technology Madras has released a combined report for placements and internships in 2022. The report highlights course-wise and sector-wise data. Get a detailed analysis from the IIT Madras placement brochure 2022 available on the official website. 

Q. How were IIT Madras internships 2023?

A. The important highlights related to IIT Madras internships for the batch 2022-23 are mentioned below:
Particulars Statistics (Batch 2022-23)
Offers made 263
International offers 15
Top recruiters Texas Instruments, American Express, BCG
NOTE: The above internship data is collated from multiple media sources, hence, actual data might vary. 

Q. How were IIT Madras internships 2021-22?

A. In 2022, the institute witnessed an impressive record of  858 internship offers from over 140 recruiters. The key highlights of IIT Madras internships 2022 are tabulated below:
Particulars Statistics (2021-22)
Offers made 858
Companies participated 140+
Top sector IT & Software Development
Highest stipend INR 12 lakh per month
Lowest stipend INR 7,500 per month

Q. Which was the top sector during IIT Madras internships 2022?

A. The majority of students received internship offers in Engineering and Technology sectors. Furthermore, there were a substantial number of opportunities in Research and Development (R&D), Product Development and Business Development roles. See the below pie chart showcasing the sector-wise split of IIT Madras internships in 2022:
IIT Madras sector-wise internships

Q. How many offers were made during IIT Madras internships 2022?

A. The number of offers made in each sector is depicted in the below table:
IIT Madras Sector-wise Internships 2022
Sectors No. of Offers
IT & Software Development 298
Engineering & Technology 255
Management 101
Data Science & Analytics 80
Financial Services 49
Research & Development 45
Education  NA

Q. What was the stipend offered during IIT Madras internships 2022?

A. The highest stipend offered in 2022 was in Financial Services and IT & Software Development sectors. The table below mentions the median and highest stipend offered during IIT Madras internships 2022:
Sectors Highest Stipend Median Stipend
Data Science & Analytics INR 2 lakh per month INR 50,000 per month
Education  INR 10,000 per month INR 10,000 per month
Engineering & Technology INR 2 lakh per month INR 40,000 per month
Financial Services INR 12 lakh per month INR 1.30 lakh per month
IT & Software Development INR 12 lakh per month INR 80,000 per month
Management INR 1.50 lakh per month INR 60,000 per month
Research & Development INR 1.50 lakh per month INR 40,000 per month

Q. Who were the recruiters during IIT Madras internships 2022?

A. The leading companies that participated in IIT Madras internships 2022 are mentioned in the table below:
IIT Madras Internships 2022: Recruiters
Amazon India  Adobe Flipkart
Bajaj Auto Ltd. Hindustan Unilever Limited  Credit Suisse
Deloitte JSW Group Huawei Technologies India Pvt. Ltd.
DE Shaw India Pvt. Ltd.  Dr Reddy's Laboratories  Cipla Ltd.

Placement Reviews

Overall Placement Rating (Out of 5)

4.5

Based on 235 Verified Reviews

Distribution of Rating

The Verified badge indicates that the reviewer's details have been verified by Shiksha, and reviewers are bona fide students of this college. These reviews and ratings have been given by students. Shiksha does not endorse the same. Out of 272 published reviews, 235 reviews are verified.
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Anonymous | Online B.Sc. in Data Science and Applications - Batch of 2026
Reviewed on 6 Sep 2023
Verified
3.6
Placements 4 Infrastructure 2 Faculty & Course Curriculum 4 Crowd & Campus Life 3 Value for Money 5
It is a good course and the efforts of professors are appreciable.

Placements: About 80% of students get placed. The highest salary package offered in this branch is 40 LPA and the minimum salary package offered is 10 LPA. It is a good degree if you are interested in data science, AI, and ML. Top recruiting companies are mostly companies related to data science.

Infrastructure: There is no hostel for B.Sc students. There is no need for hostels because we study this degree online.

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O
Omkar banoth | Integrated B.Tech. + M.Tech. in Biological Engineering - Batch of 2026
Reviewed on 30 Jul 2023
Verified
4.8
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 4 Value for Money 5
Indian instute of technology-madras.

Placements: 80 percentage of students are placed. The highest package is greater than 30 LPA and the average package is around 10 LPA. Amazon, bajaj auto, reliance, tcs are top recruiting companies. Designing new organs are top roles offered in our course. Internships are also provided.

Infrastructure: The furniture in the classrooms and in hostel are really good and the mess and canteen are also really good. Classrooms are adequate enough with good ventilation and full of greenery. The college is surrounded by full of tree...

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M
Milanjyoti Ray | Online B.Sc. in Data Science and Applications - Batch of 2027
Reviewed on 29 Jul 2023
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Review of IIT Madras - Indian Institute of Technology.

Placements: Almost 100% of students got placed in our college. The top recruiting company is TCS. Many startups visit our college to recruit students. Almost 100% of students got internships. Top roles offered are data scientist, data analyst, and data engineer.

Infrastructure: Our college provides us with all facilities. The hostel facility is available in our college. The hostel has a canteen, hospital, gymnasium, and a sports ground. Moreover, the IIT Madras Research Park, which is a magnificent building, is also situate...

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P
Prajkata | Online B.Sc. in Data Science and Applications - Batch of 2026
Reviewed on 11 Jul 2023
Verified
4.6
Placements 4 Infrastructure 4 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Review of IIT Madras - Indian Institute of Technology.

Placements: Students who understand the core subjects will easily get placed in our college. Almost 99% of students got placed in our course. Our college provides internship opportunities to enhance our skills. It will help them to serve in the industry.

Infrastructure: Our college provides us with all facilities. The hostel facilities are good. The infrastructure of our college is good. The food served in the mess is good.

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D
Deepanshu Yadav | Online B.Sc. in Data Science and Applications - Batch of 2023
Reviewed on 4 Jul 2023
Verified
4.8
Placements 4 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Our college provides experienced teachers.

Placements: Many students got good internships at this college. The highest salary package offered is 20 LPA, the average salary package is 5 LPA, and the lowest salary package is 4 LPA. Top recruiting companies are Aditya Birla, Renault, Buskman, and many more. More than 75% of students got internship offers in this course. A variety of roles offered in this course are SDE, data scientist, analyst, and many more in the tech and computer industry.

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Shubhansh Varshney | Online B.Sc. in Data Science and Applications - Batch of 2026
Reviewed on 8 May 2023
Verified
4.4
Placements 4 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 3 Value for Money 5
If you cannot clear your JEE exam, you can join the IIT and get to learn from the best teachers.

Placements: The first batch is not placed yet. Placements will be held on-campus from 22 May to 24 May, 2023. Our college provides internships to those students who have completed at least one diploma.

Infrastructure: Hostels are not available in this college.

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Gopal krishna Kam ... | M.S. in Electrical Engineering - Batch of 2017
Reviewed on 6 May 2023
Verified
4.0
Placements 4 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 4 Value for Money 4
Review of IIT Madras - Indian Institute of Technology.

Placements: In our college, only 50% of students got placed. Many students were interested in government jobs. Top recruiting companies like HP, Tata Electrics, Portronics, Boat, etc., visited our campus. The highest salary package offered was 1 crore per annum and the lowest salary package offered was 7 LPA.

Infrastructure: Our college provided excellent infrastructure. Labs were excellent. The quality of food in the hostel was good. A park was available. There were multiple sports complexes available.

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P
Prince Raj | Online Foundational Certificate in Programming and Data Science - Batch of 2025
Reviewed on 7 Apr 2023
Verified
3.6
Placements 3 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 3 Value for Money 4
Overall it is a good college. But my expectations are more.

Placements: First of all, this course is very boring due to the online classes. But the college is doing its best to engage students. And if we talk about placements, this scenario is not too good. But yes, lots of students are placed as interns. They are providing support.

Infrastructure: The courses are well structured. They start very simply. In the Foundation Diploma, B.Sc., you will learn basic statistics and math in foundations and additionally Python. After completing every level, they will provide certificates. And ...

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Write here...

Answered 3 days ago

DOMS IIT Madras has a strong track record of placements for its MBA/PGDM courses. During IIT Madras MBA placements 2023, 100% of the MBA batch 2023 were placed in reputed companies. The the highest package and average package offered during IIT Madras MBA placements in 2023 stood at INR 30.60 and I

...more

7914219
Shoaib Mehdi

Contributor-Level 10

Answered 2 weeks ago

IIT Madras BTech fees will range between INR 5.31 Lacs and INR 10 lakh. The fee mentioned here is the total tuition fee and is taken from an unofficial source, hence is indicative. Apart from the course fee, candidates seeking admission to IIT Madras BTech course are also required to pay the applica

...more

37781727
Bhumika Khandelwal

Contributor-Level 10

Answered Yesterday

Yes, DoMS  offers  part-time  PhD  for  executives/working  professionals. However, they are required to complete a mandatory course work by attending classes in the campus which may take between six months to one year.

31734515
Kratika Sharma

Contributor-Level 10

Answered Yesterday

Those with a master's degree can apply for PhD admission at DoMS IIT Madras. Other than meeting the eligibility, candidates must have also qualified GATE/ CAT/ UGC-JRF/ UGC NET/ CSIR-JRF/ Research Aptitude Test, have an SOP and appear for the Personal Interview round for final selection. 

31734515
Kratika Sharma

Contributor-Level 10

Answered Yesterday

The total fee for E-MBA at DoMS IIT Madras is INR 13 Lacs and is inclusive of components other than the tuition fee. This fee, however, is sourced from unofficial sources. Hence, is indicative. For the exact fee, students are advised to visit the official website or reach out to the admission office

...more

31734515
Kratika Sharma

Contributor-Level 10

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