The average salary received by students during campus placements for 2021–22 is Rs. 21.48 lakh per annum.
With a total of 1200 job offers received from more than 350 companies during phases I and II of campus placements, the Indian Institute of Technology Madras (IIT Madras) has recorded the highest ever number of job offers in an academic year, which is great news for them.
231 pre-placement offers were also received from students’ summer internships. A total of 1,430 job offers were recorded, which is higher than the previous highest of 1,151 job offers recorded in the 2018–19 academic year.
This also includes 45 international job offers from 14 companies, which, as per IIT-Madras, is also a new record high. Of these, 11 came from Rakuten Mobile, Inc., while other global offers came from Glean, Micron Technologies, Honda R&D, Cohesity, Da Vinci Derivatives, Accenture Japan, Hilabs Inc., Quantbox Research, MediaTek, and Uber.
During the first and second phases of campus placement, 131 start-ups made as many as 199 offers. Meanwhile, all 61 MBA students were placed this season, resulting in a 100% placement rate for the Department of Management Studies at IIT Madras.
Every year, IIT Madras conducts placement in two stages. While phase I occurred between December 1 and December 31, 2021–22, phase II typically begins in the second half of January and continues until the end of the school year. Phase II of campus placements ran from 2021–22 until May 27, 2022.
131 start-ups made as many as 199 offers during the first and second phases of campus placement. Meanwhile, all 61 MBA students were placed this season, giving IIT Madras’ Department of Management Studies a 100% placement rate.
The average salary received by students during campus placements in 2021–22 is Rs 21.48 lakh per year. The maximum available compensation is $250,000.
