IIT Madras - Indian Institute of Technology Adyar Chennai Answered Questions

The highest stipend offered to 2022-23 batch was in the Financial Services and IT and Software Development sectors and the amount stood at INR 12 Lacs per month. The table below mentions the sector-wise median and the highest stipend offered during IIT Madras internships 2022-23:Sectorsthe highest Stipend (2022-23)Median Stipend (2022-23)Data Science & AnalyticsINR 2 Lacs per monthINR 50,000 per monthEducation INR 10,000 per monthINR 10,000 per monthEngineering & TechnologyINR 2 Lacs per monthINR 40,000 per monthFinancial ServicesINR 12 Lacs per monthINR 1.30 Lacs per monthIT & Software DevelopmentINR 12 Lacs per monthINR 80,000 per monthManagementINR 1.50 Lacs per monthINR 60,000 per monthResearch & DevelopmentINR 1.50 Lacs per monthINR 40,000 per month

The institute has released branch-wise salary data for BTech and M.Tech courses. As per the report, the highest package offered to BTech, DD, and IDDD students from CSE was INR 1.31 crore per annum and for M.Tech CSE, the highest package stood at INR 54.21 LPA. The IIT Madras CSE average package is not out yet. Check the below table to know the IIT Madras CSE placement packages for 2023:ParticularsPlacements 2023 (BTech, DD, IDDD CSE)Placements 2023 (MTech CSE)the highest packageINR 1.31 LPAINR 54.21 LPAthe lowest packageINR 10.20 LPAINR 12 LPAMedian packageINR 30.36 LPAINR 24.50 LPA

The IIT Madras placement procedure is explained in the table below:IIT Madras Placement ProcedureAttendance and PunctualityA 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.DisciplineStudents 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.

The highest package offered and the number of offers made in top IITs during 2023 placements is presented in the following table:IIT Namethe highest Package (2023)No. of Offers (2023)IIT MadrasINR 1.31 crore per annum1,612IIT DelhiINR 2.40 crore per annum  (international)1,300IIT Bombay- INR 3.67 crore per annum (international)- INR 1.68 crore per annum (domestic)1,788IIT KanpurINR 1.90 crore per annum (domestic)*1,200**The placement details are fetched from media reports. 

The overall the highest package for the academic year 2022-23 stood at INR 1.31 crore per annum and was grabbed by UG students (BTech, DD, and IDDD). The highest package offered to the 2022 passing-out batch was INR 2.14 crore per annum. Looking at the past three years' record, year-on-year growth was recorded in the highest package. The following table represents the IIT Madras the highest package trends for better clarity:ParticularsPlacement Statistics (2021)Placement Statistics (2022)Placement Statistics (2023)the highest packageINR 64.30 LPAINR 2.14 crore per annumINR 1.31 crore per annum

The IIT Madras the highest package offered to M.Tech students during 2023 placements was INR 54.21 LPA. As per the reports, 32 PPOs were also attracted. The important details related to IIT Madras M.Tech placements are depicted below:ParticularsMTech Placement Statistics (2023)the highest packageINR 54.21 LPAMedian packageINR 15 LPAthe lowest packageINR 6 LPAPPOs received32Offers above INR 30 LPA 43Offers between INR 25 LPA - INR 30 LPA16Offers between INR 20 LPA - INR 25 LPA 24Offers between INR 15 LPA - INR 20 LPA67Offers between INR 10 LPA - INR 15 LPA53Offers between INR 5 LPA - INR 10 LPA62

The highest package at IIT Madras has improved year-on-year from 2021 to 2023. On the other hand, the lowest package has been fluctuating. The table below represents the IIT Madras placement package trends in terms of the highest and the lowest salaries:ParticularsPlacement Statistics (2021)Placement Statistics (2022)Placement Statistics (2023)the highest packageINR 70 LPAINR 2.14 crore per annumINR 1.31 crore per annumthe lowest packageINR 3.67 LPAINR 3 LPAINR 5.40 LPA

The important highlights related to IIT Madras internships for the batch 2022-23 are mentioned below:ParticularsStatistics (Batch 2022-23)the highest stipendINR 12 Lacs per monththe lowest stipendINR 7,500 per monthOffers made778Total recruiters140+Students received PPOs231Popular recruitersAdobe, American Express, Google

The institute has not released the branch-wise placement rate. However, the sector-wise offers made are disclosed. The core sector appeared as the top preference with over 27.60% of students placed in it. The second preferred sector was IT. See the below snip depicting the sector-wise distribution of IITM placements 2023:Source: Official Placement Report