IIT Placements – Know Highest Salary Package & Placement Process

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Updated on Apr 13, 2022 16:54 IST

Know the highest salary packages and the complete placement procedure here.

IIT Placements

Placements in different Indian Institutes of Technology (IITs) across India are usually conducted from December to May in different phases. The salary package of students in top IITs usually ranges from INR 20-30 lakh per annum whereas, for other IITs, it is between INR 10-20 lakh per annum.

The highest salary package offered in the top IITs is usually above INR 1 crore whereas, in other IITs, the annual CTC lies between Rs 30-70 lakh. Usually, the top packages offered by companies are the international ones.

Top domestic and international companies like Microsoft, Samsung, Google, Qualcomm, Goldman Sachs, Flipkart, Intel, HSBBC Holdings, IBM, Walmart, Bajaj Automobiles, Accenture, JP Morgan, Cisco, Deloitte, Caterpillar, Amazon, Adobe, TATA, Morgan Stanley, Accenture, ONGC, etc. visit the IIT campuses to recruit engineering graduates for various job roles.

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The engineering graduates are offered various roles in different sectors and domains. Function-wise most of the offers are made for positions such as engineering consultants. In this article, you will find all the information related to placements in all the 23 campuses including IIT Bombay, IIT Delhi, IIT Kharagpur, and IIT Madras. IITs are the premier engineering institutes in India offering undergraduate, postgraduate, and doctorate level courses in different streams. Placement packages at IITs are one of the most important things that draw the attention of BTech aspirants.

IIT Placements: Procedure

All the IITs follow the below-mentioned step by step procedure for all its students.

Step-1: The Training & Placement Cell (All IITs have a separate T&P cell), assisted by student representatives, sends invitations to companies along with relevant information and documents - Placement Brochure, Job Announcement Form (JAF), etc.

Step-2: A company can also show interest in recruiting students by contacting the T&P Cell of the respective IITs. They need to send an email to the T&P cell of the IITs of their interest.

Step-3: After receiving a filled-in JAF and relevant information from a company T&P Cell will reply to the companies through email. The dates for campus interviews are allotted based on information provided in the JAF.

Step-4: Suitable date for the Pre-Placement Talk (PPT) is decided by the discussions between the companies and the T&P Cell. After confirmation from the companies, students are notified of the PPT date.

Step-5: The companies visit IIT campuses to conduct PPT.

Step-6: The companies may also if interested, select pre-final year students for summer internships during the placement drive.

Step-7: Interested students register for a particular company online to make their resumes/CVs available to the companies for shortlisting.

Step-8: Companies send the list of shortlisted students by email to the T&P Cell before the campus visit for final interviews.

Step-9: The companies visit the campus for placements on the allotted dates and conduct Group Discussions/Aptitude test/Technical test/Personal Interviews etc.

Step-10: The companies furnish the final list of selected students on the same day or in few days after the completion of the selection procedure.

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IIT Placements: Salary packages offered

See the tables below to know about the highest domestic CTC, average CTC and highest international CTC offered at various IITs by different companies. The data is taken from the final placement reports of 2019.

Name of IIT

Average Domestic Package

(Per annum – in lakh)

Highest Domestic Package

(Per annum – in lakh)

Indian Institute of Technology (IIT), Gandhi Nagar

8.96

40

Indian Institute of Technology (IIT), Bhubaneshwar

11.44

39

Indian Institute of Technology (IIT), Madras

10-20

20-40

Indian Institute of Technology (IIT), Guwahati

14.95

30

Indian Institute of Technology (IIT), Indore

9.13

50

Indian Institute of Technology (IIT), Kanpur

10-20

93

Indian Institute of Technology (IIT), Jodhpur

14.33

36

Indian Institute of Technology (IIT), Kharagpur

15

60-70

Indian Institute of Technology (IIT), Hyderabad

16.74

53.79

Indian Institute of Technology (IIT), Mumbai

20.34

62.28

Indian Institute of Technology (IIT), Patna

13.05

38

Indian Institute of Technology (IIT), Delhi

20-25

40-60

Indian Institute of Technology (IIT), Ropar

14.56

17.3

Indian Institute of Technology (IIT), Mandi

13.5

40

Indian Institute of Technology (IIT), Roorkee

10-20

47

Indian Institute of Technology (Banaras Hindu University), Varanasi

8.19

1.04 crore

Indian Institute of Technology (IIT), Jammu

N/A (Established 2016)

N/A (Established 2016)

Indian Institute of Technology (IIT), Palakkad

8.44

16.75

Indian Institute of Technology (IIT), Tirupati

9.2

22

Indian Institute of Technology (IIT), Goa

N/A (Established 2016)

N/A (Established 2016)

Indian Institute of Technology (IIT), Bhilai

N/A (Established 2016)

N/A (Established 2016)

Indian Institute of Technology (IIT) Dharwad

N/A (Established 2016)

N/A (Established 2016)

Indian Institute of Technology (Indian School of Mines), Dhanbad

14

43

IIT Placement: Highest International Package

The table below shows the highest CTC offered to students of some of the IITs by global/international organisations. Data displayed have been taken from the final placement report for the year 2021-22.

Name of the IIT

Highest International Package (Per annum – in crore)

IIT Bombay

1.16

IIT Kharagpur

1

IIT Kanpur

1.5

IIT Roorkee

1.54

IIT Madras

1.33

IIT Varanasi

1.52

FAQs Regarding IIT Placements

Q. Which IIT is best for placement?

A. IIT Bombay is considered one of the best among IITs for placements. The highest package offered in the institute this year was around 1.16 crore.

Q. Does IIT have 100% placement?

A. Yes, all the IITs offer 100% placements to their students. Only the students who want to pursue higher studies don’t appear in the placement drive.

Q. What is the average package offered to IIT students?

A. Package of students in top IITs usually ranges from Rs 10-20 lakh per annum whereas, for other IITs, it is between Rs 5-10 lakh per annum.

Q. What is the average placement package at IIT Bombay?

A. During the 2021 placement drive, the average domestic CTC was Rs 20.34 LPA.

Q. Is there any placement exam at IITs?

A. Yes, IIT Bombay conducts a Placement Common Aptitude Test (PCAT) which is a standardised test conducted before the screening of candidates.

Q. What is the placement rate of IIT Bombay?

A. In IIT Bombay, 92.13% BTech students, 83.43% MTech, and 94.33% Dual Degree student got placed this year.

Q. Who are the top recruiters at IITs in 2021?

A. Companies such as Microsoft, Google, Texas Instruments, Qualcomm, Boston consulting Group, Apple, Sony Japan, Honda, and NEC Japan were among the top recruiters.

Read More: IIIT Placements – Know Highest Salary Package

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About the Author

Satyendra is an author with expertise in engineering content. He holds graduate degree in engineering with masters in education and philosophy. He has been in education content field in different roles from writer t... Read Full Bio

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