IIT Madras is known for its exciting placement season with consistent statistics and success rates across the years. The number and kind of offers are quite impressive, and we say this from the students' perspective.
The Placement Season
The placement season is a time of a variety of emotions. Beginning with student registration on the portal, followed by resume submission, a cycle of tests, assignments, and group discussions takes place. Students apply to different companies based on the job description, profile, and pay. Day 1 begins on December 1, when companies are allotted two slots for interviewing students. This is followed by Days 2, 3, and 4 successively. Companies are classified into various days based on the pay, profiles, location, brand image, and their relation with the institute. The placement season is an experience that prepares students for any challenge that they might face in the future.
2024-25 Placement Season
The 2024-25 season opened with a landmark moment — Jane Street, the global trading firm, extended a pre-placement offer of ₹4.3 crore per annum to a Computer Science student, the highest package IIT Madras has ever seen, inclusive of base salary, bonuses, and relocation benefits. Other offers of more than ₹2 crore came in from companies such as Microsoft, Goldman Sachs, BlackRock, and Glean on Day 1 itself. The full placement report for 2024-25 is yet to be officially published, but the early season signals continue the strong upward trend.
2023-24 Placement Season
The 2023-24 placement season at IIT Madras was a strong one across the board. Key highlights:
1,091 students secured placements across Phase I and Phase II, with 256 companies participating in the drive.
The median CTC stood at ₹19.6 LPA and the average at ₹22 LPA. There were 35 international offers from recruiters from the US, Japan, and more.
44 international offers and 183 startup offers were made.
Over 80% of B.Tech/Dual Degree students and 75% of Master's students were placed by April 30, 2024.
300 Pre-Placement Offers (PPOs) were extended, of which 235 were accepted.
40% of students were placed in Core Engineering roles, while 20% went into Software. Analytics, Consulting, and Finance were other popular sectors.
Top recruiters in 2023-24 included Google, Microsoft, Amazon, Goldman Sachs, McKinsey & Company, Qualcomm, Texas Instruments, JP Morgan Chase, and Flipkart, among many others.
2022-2023 Placement Season
The 2022-23 season set a record at the time with 1,612 offers from more than 480 companies. The maximum CTC offered was ₹1.3 crore, with a median CTC of ₹17 LPA. There were 35 international offers from recruiters in the US, Japan, and other countries.
The Bigger Picture
Placements are just one of the career paths that IITM graduates pursue. A significant number opt for higher studies — MS or PhD programs at top universities in India and abroad. Others join the thriving startup ecosystem around the institute, with IIT Madras incubating more than 100 startups in 2024-25 alone. Civil Services, research positions, and entrepreneurship are equally respected choices within the IITM community.
For more information on the department-wise placement statistics across various programs and the complete list of companies, you can visit the official placement report.
If you have more questions about placements, please visit our community - AskIITM community.