IIT Madras Placement 2024: Highlights, Average Package, Top Recruiters, and More

CL Team October 28 2024
4 min read

IIT Madras Placement 2024 continues to strengthen its position as one of the leading engineering institutions in India. The 2024 placement statistics highlight exceptional performance across various disciplines. With a robust network of top-tier recruiters and impressive salary packages, IIT Madras remains a top choice for aspiring engineers and professionals.

In this blog, we will explore the key highlights of the 2024 placement season, including pre-placement offers, average packages across different programs, and some of the top companies that actively recruited from the campus. If you are preparing for your future and are looking for guidance, Career Launcher Gurugram, Sector 65 is the perfect partner to help you achieve your academic goals.

IIT Madras Placement 2024 Highlights

The 2024 placement season at IIT Madras has been remarkably successful, showcasing the institute’s strong connections with industry leaders and its reputation for producing top-tier talent. A total of 1,722 students registered for placements, and an impressive 445 job offers were made. This reflects the high demand for IIT Madras graduates.

Notably, 407 pre-placement offers (PPOs) were made, illustrating proactive recruitment efforts by companies eager to secure talent early on. Additionally, 25 candidates received packages exceeding INR 1 crore per annum, while 15 international offers further emphasized the global appeal of IIT Madras graduates.

With 331 companies participating, including renowned recruiters such as Microsoft, Goldman Sachs, and McKinsey & Company, IIT Madras continues to provide its students with exceptional career prospects.

Details

Placement Statistics

Pre-placement offers

407

Students registered

1,722

Candidates received packages above INR 1 crore

25

Number of international offers

15

Total offers made

445

Companies registered

331

Popular recruiters

Microsoft, Goldman Sachs, McKinsey & Company

IIT Madras MBA Placement 2024

The IIT Madras MBA Placements for 2024 were equally impressive. The highest Cost to Company (CTC) was an extraordinary INR 29.65 lakh per annum, reflecting the lucrative opportunities available to MBA graduates. The average CTC was INR 16.93 lakh per annum, and the median CTC stood at INR 16.39 lakh.

The top 25% of the class achieved an average CTC of INR 21.89 lakh, underlining the strong performance of high-achieving students. The program achieved a 100% placement rate, reaffirming its standing in the market.

Additionally, 37% of students received pre-placement offers (PPOs), showcasing companies’ eagerness to hire talent ahead of the formal placement season. Top recruiters included Bank of America, P&G, Deloitte, Accenture, Morgan Stanley, VIP, and ICICI Bank.

Particulars

Details

Highest CTC

INR 29.65 LPA

Average CTC

INR 16.93 LPA

Median CTC

INR 16.39 LPA

Top 25% Average CTC

INR 21.89 LPA

Placement Percentage

100%

PPOs Received

37%

Top Recruiters

Bank of America, P&G, Deloitte, Accenture, VIP, ICICI

IIT Madras Placements Report 2023

The IIT Madras Placements Report for 2023 further reinforces the institute’s status as a top choice for recruiters. A total of 1,612 job offers were made, including 258 pre-placement offers, underscoring the robust relationships between students and employers.

More than 480 companies participated, offering positions in key roles such as Software Development Engineer, Data Scientist, Quant Analyst, and Core Engineer. The highest CTC offered reached INR 1.31 crore per annum, with a wide range of offers across various salary brackets.

Particulars

Placement Statistics 2023

PPOs offered

258

Total Offers

1,612

Companies visited

480+

Top Job Roles

Software Development Engineer, Data Science, Core Eng

Highest CTC offered

INR 1.31 Crore Per Annum

Lowest CTC offered

INR 5.4 LPA

Offers above INR 30 LPA

172

Popular recruiters

American Express, Cogoport, SAP Labs, Linecraft AI

Conclusion

The 2024 placement season at IIT Madras reflects the institute's commitment to academic excellence and its continued relevance in the global job market. With its impressive placement results, IIT Madras remains a top destination for aspiring engineers and management professionals.

If you're looking to maximize your potential and secure a future at a top institution like IIT Madras, Career Launcher Gurugram, Sector 65 is here to provide you with the guidance and resources you need to succeed!