IIT Madras - Indian Institute of Technology Placement

The IIT Madras average package has not been released. However, the median salary is out. Comparing the last two-year median package details, an improving trend was recorded in IIT Madras MBA and M.Tech courses. For UG (BTech, DD, IDDD), MS (Science streams), and PhD courses, the median package dropped from 2022 to 2023. Alongside this, the median package for MS (Engineering streams) and MA (Humanities and Social Sciences) has been stagnant over the past two years. For a better understanding, take a look at the below table depicting the IIT Madras placement package comparison for 2022 and 2023:

IIT Madras has released its placements report for 2023. As per the report, 172 offers were presented above INR 30 LPA. Check the complete insights of IIT Madras placements 2023 and 2022 from the table below:

The institute has released the 2024 placement report on the official website. However, there are no data points to conclude the placement statistics. The key highlights of IIT Madras placements 2024 are presented below:

Note: The above-mentioned placement data is sourced from media reports and, hence may vary.

The 2022-23 placement season at IIT Madras was a huge success, with a record-breaking 1612 offers made by more than 480 companies.

IIT Madras Placements Report

Particulars Placement Statistics 2023

the highest CTC offered INR 1.31 Crore Per Annum

the lowest CTC offered INR 5.4 LPA

Offers above INR 30 LPA 172

Offers between INR 25 LPA – INR 30 LPA 48

If we compared Stanford University placements with Indian government colleges such as IIT Madras, IIT Delhi, etc. then the average package at IIT Delhi and IIT Madras is around INR 18 L and INR 17 L respectively. On the other hand, the Stanford University average package is around INR 1.6 Cr. Mentioned below are the highest package for graduates:

IIT Madras average package is yet to be released. However, the median package is out for the years 2022 and 2023 for IIT Madras M.Tech course. Check the following table for IIT Madras placement package comparison for 2022 and 2023:

The starting months of the internship season 2022-23 were dominated by companies from IT/ Software, Electronic, Data Analytics, Fast Moving Consumer Goods (FMCG), and Finance/ Banking sectors. The sector-wise bifurcation of IIT Madras internships 2022-23 is illustrated below:

 Source: Official Placement Report

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:

The important highlights related to IIT Madras internships for the batch 2022-23 are mentioned below: