The Indian Institute of Technology (IIT) Madras has kickstarted its much-anticipated placement drive for the year 2023, and the numbers are nothing short of remarkable. With 1722 eager students registering for placements, the campus is abuzz with anticipation and excitement. On the very first day of the placement drive, 445 students have already secured coveted positions, and an impressive 407 pre-placement offers have been extended.
But that’s not all; 25 students have clinched salary packages exceeding INR 1 crore, and 15 international offers from four distinguished companies have added an international flavor to the mix. This year’s recruitment landscape features a diverse range of job roles, including Software Development Engineer, Data Science, Quant, Core Engineer, and more. With top-notch recruiters like Texas Instruments, Bajaj Auto Ltd, Chetak Tech Ltd, and Qualcomm gracing the event, the IIT Madras Placements 2023 are poised for exceptional success.
IIT Madras Placements 2023 Report
Let’s dive into the statistics of the IIT Madras Placements 2023:
| Metrics | Statistics |
|---|---|
| Total Pre-placement offers | 407 |
| Number of Students Registered | 1722 |
| Students with Packages Above INR 1 CPA | 25 |
| Number of Students Placed (Day 1) | 445 |
| Top Job Roles | Software Development Engineering, Data Science, Quantitative roles, Core Engineering, and more. |
| Top Recruiters | Texas Instruments, Bajaj Auto Ltd, Chetak Tech Ltd, Qualcomm, and more. |
IIT Madras Placements 2023 Company-Wise
Let’s take a closer look at the number of offers made by some of the top recruiters:
| Recruiters | Number of Offers |
|---|---|
| Texas Instruments | 14 |
| Bajaj Auto Ltd | 10 |
| Chetak Tech Ltd | 10 |
| JP Morgan Chase & Co | 9 |
| Qualcomm | 8 |
| Procter & Gamble | 7 |
| Morgan Stanley | 6 |
| Graviton | 6 |
| McKinsey & Company | 5 |
| Cohesity | 5 |
IIT Madras Placements Year-Wise Trends
Looking at the trends, we can see significant growth:
| Year | Total Pre-placement Offers |
|---|---|
| 2022 | 227 |
| 2023 | 407 |
IIT Madras Placements 2022 Report
Here’s a glimpse of the previous year’s placements:
| Metrics | Statistics |
|---|---|
| Number of Companies Participated | 480+ |
| Number of Students Placed | 1199 |
| Number of Offers | 1491 |
| Number of International Offers | 45 |
| Highest CTC | INR 2.14 CPA |
| Average CTC | INR 21.48 LPA |
| Major Sectors | Core Engineering, Data Science, and Analytics |
| Top Recruiters | Bajaj Auto, Goldman Sachs, JP Morgan, among others. |
The 2022 placements saw a plethora of recruiters, including Apple, P&G, Google, American Express, Intel, Deloitte, Microsoft, ISRO, ICICI WQ Bank, CISCO, Jaguar, Wells Fargo, HCL Technologies, TCS, Bajaj Auto Limited, and many more.
IIT Madras Placements 2022 Salary Statistics
Breaking down the salary statistics:
| Salary Range | Number of Offers |
|---|---|
| Offers above INR 30 LPA | 203 |
| Offers between INR 20 LPA – INR 30 LPA | 209 |
| Offers between INR 10 LPA – INR 20 LPA | 606 |
| Offers between INR 5 LPA – INR 10 LPA | 154 |
| Offers below INR 5 LPA | 4 |
This reflects a diverse range of opportunities, with the highest salary packages exceeding INR 30 LPA.
IIT Madras Placements 2022 Course-Wise
Breaking it down by course:
| Course | Highest Salary | Median Salary |
|---|---|---|
| B. Tech | INR 2.14 CPA | INR 18 LPA |
| M. Tech | INR 46.08 LPA | INR 13.02 LPA |
| MA | INR 22 LPA | INR 13.69 LPA |
| MBA | INR 25.30 LPA | INR 15.35 LPA |
| MS | INR 58.80 LPA | INR 15 LPA |
| M. Sc | INR 16 LPA | INR 14 LPA |
| Ph. D | INR 33 LPA | INR 16.5 LPA |
The B.Tech batch secured the highest salary, followed closely by the MS batch.
IIT Madras Placements 2022 Branch-Wise
Breaking it down by branch:
| Branch | Average Salary |
|---|---|
| B. Tech. (CSE) | INR 41.72 LPA |
| B. Tech. (ECE) | INR 24.4 LPA |
| B. Tech. (All Included) | INR 33.06 LPA |
The Computer Science Engineering (CSE) batch led the way with an impressive average salary of INR 41.72 LPA.
IIT Madras Placements 2023 Top Recruiters
The top recruiters for 2023 include:
- Microsoft
- Texas Instruments
- Uber
- Qualcomm
- C-Dot
- Enphase Energy
- Oracle
- Nutanix
- Thoughtspot MTS-2
- Squarepoint SDE
- American Express
- JP Morgan & Chase
- Bajaj
- Rippling
- Tibra
- Cohesity
- Sprinklr
- Procter & Gamble
- Graviton
IIT Madras Summer Internship Placements 2023 Report
For the summer internship placements:
| Metrics | Statistics |
|---|---|
| Number of Recruiters | 122 |
| Number of Students Registered | 1397 |
| Number of Students Placed | 504 |
