IIT Placements – Know Highest Salary Package & Placement Process

IIT Placements – Know Highest Salary Package & Placement Process

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Updated on Jun 10, 2024 12:38 IST

Students are always curious to know what is the salary package and placement at IITs. Check the highest salary packages and the complete placement procedure here for all 23 IITs .

IIT Placements

IIT Placements: Placements in different Indian Institutes of Technology (IITs) across India are usually conducted from December to May in different phases. The salary package of students in top IITs usually ranges from INR 20 Lakh to 1 Crore per annum whereas, for other IITs, it is between INR 20 to 50 lakh per annum.

The highest salary package offered in the top IITs is usually above INR 1 crore whereas, in other IITs, the annual CTC lies between Rs 30-70 lakh. Usually, the top packages offered by companies are international ones.

Top domestic and international companies like Microsoft, Samsung, Google, Qualcomm, Goldman Sachs, Flipkart, Intel, HSBBC Holdings, IBM, Walmart, Bajaj Automobiles, Accenture, JP Morgan, Cisco, Deloitte, Caterpillar, Amazon, Adobe, TATA, Morgan Stanley, Accenture, ONGC, etc. visit the IIT campuses to recruit engineering graduates for various job roles.

Q:   What is the career scope after MSc from IIT Delhi?

A:

After completing MSc from IIT Delhi, candidates are open to placement opportunities. As per IITD NIRF report 2023, the median package offered to PG (2-year) candidates was INR 12.50 LPA. Further, MSc degree holders can work in different job profiles such as research scientist, teacher, biochemist, chemical analyst, junior research fellow, etc. Some of the top recruiters for MSc course graduates are mentioned in the following table:

Top Recruiters for MSc Graduates

Bhabha Atomic Research Centre

Infosys

Wipro

Ranbaxy

GAIL

ONGC

HCL

ISRO

BAARC

BHEL

GlaxoSmithKline

Cipla

Read more about MSc course highlights, eligibility, entrance exams, and more, here.

Q:   Which are the top companies visiting IIT Kanpur for M.Tech placements?

A:

As per the verified students' reviews on Shiksha, top companies, such as Barclays, Flipkart, Qualcomm, Bajaj, HSBC, Tata Motors and Intel come for final placements at IIT Kanpur for MTech. Students get roles from technical research profiles to analytical roles. Additionaly, the institute in 2022 recorded a the highest domestic package of INR 1.9 crore per annum (not just for M.Tech but overall across courses). 

Q:   What is the sector-wise employment percentage record during IIT Delhi placements?

A:

Core (Technical) sector emerged as the top recruiting sector that placed 20.7% of the total students. The sector-wise placement distribution recorded during IIT Delhi placements 2024 is presented below:

The sector-wise placement distribution recorded during IIT Delhi placements 2024 is presented below:

Sectors

Placement Distribution (2024)

Core (Technical)

38.6%

IT

20.7%

Analytics

10.9%

Consulting

10%

Management

8.3%

Finance

4.2%

Others

7.3%

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Engineering graduates are offered various roles in different sectors and domains. Function-wise most of the offers are made for positions such as engineering consultants. In this article, you will find all the information related to placements in all 23 campuses including IIT Bombay, IIT Delhi, IIT Kharagpur, and IIT Madras. IITs are the premier engineering institutes in India offering undergraduate, postgraduate, and doctorate-level courses in different streams. Admission at IITs is through JEE Main followed by JEE Advanced. Placement packages at IITs are one of the most important things that draw the attention of BTech aspirants.

IIT Placements: Procedure

All the IITs follow the below-mentioned step-by-step procedure for all its students.

Step 1: The Training & Placement Cell (All IITs have a separate T&P cell), assisted by student representatives, sends invitations to companies along with relevant information and documents - Placement Brochure, Job Announcement Form (JAF), etc.

Step 2: A company can also show interest in recruiting students by contacting the T&P Cell of the respective IITs. They need to send an email to the T&P cell of the IITs of their interest.

Step 3: After receiving a filled-in JAF and relevant information from a company T&P Cell will reply to the companies through email. The dates for campus interviews are allotted based on information provided in the JAF.

Q:   What is the placement percentage recorded during IIT Delhi placements?

A:

The course-wise placement percentage recorded over the past two years during IIT Delhi placements 2023 is presented below:

Course

Placement Percentage (2022)

Placement Percentage (2023)

BTech

87.69%

90.01%

Dual Degree (BTech + MTech)

93.68%

90.2%

MTech

NA

79.32%

MDes

NA

84.21%

MSR

NA

80.95%

Q:   How are the overall placements at IIT Bombay?

A:

The key highlights of IIT Bombay placements 2024 as compared with previous two-year placement data are presented below:

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Placement Statistics (2024)

Highest domestic package

INR 180 LPA

INR 168 LPA

NA

Highest international package

INR 210 LPA

INR 367 LPA

NA

Average package

INR 21.5 LPA

INR 21.82 LPA

INR 23.5 LPA

Median package

NA

INR 16.66 LPA

INR 17.92 LPA

Placement rate

89%

82%

74.53%

Registered students

2055

2174

2414

Participated students

1612

1845

1979

Students placed

1441

1516

1475

Offers accepted

1441

1516

1475

Offers made

1878

1788

1650

Total recruiters

332

324

364

Offers above 1 CPA

NA

16

22

PPOs accepted

201

194

258

International offers accepted

66

65

78

Q:   What is the placement scenario at IIT Bombay?

A:

The key highlights of IIT Bombay placements 2024 are presented below:

Particulars

Placement Statistics (2024)

Average package

INR 23.5 LPA

Median package

INR 17.92 LPA

Placement rate

74.53%

Registered students

2414

Participated students

1979

Students placed

1475

Offers accepted

1475

Offers made

1650

Total recruiters

364

Offers above 1 CPA

22

PPOs accepted

258

International offers accepted

78

Q:   What is the highest package offered during IIT Delhi placements?

A:

According to media reports, 50 students received domestic offers with package more than INR 1 crore per annum during IIT Delhi placements 2023. Further, the highest international package offered during IIT Delhi placements 2023 stood at INR 2.5 crore per annum. The highest domestic and international package offered during IIT Delhi placements 2023 and 2022 are presented below:

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Highest domestic package

INR 1.25 crore per annum

INR 1 crore per annum

Highest international package

INR 2 crore per annum

INR 2.5 crore per annum

Q:   How are the placements at IIT Delhi?

A:

As per the latest media report, a total of 1,050 offers were made (including PPOs) during Phase I IIT Delhi placements 2024. Further, a total of 1,000 students were uniquely selected during IIT Delhi placement 2024 (phase 1). Apart from this, more than 50 international offers (including PPOs) were received from around 20 international companies during Phase I IIT Delhi placement 2024. Moreover, Core (Technical) sector emerged as the top recruiting sector that placed 20.7% of the total students.

Earlier, the key highlights of IIT Delhi placements 2023 are presented below:

Particulars

Placement Statistics (2023)

Average package

INR 21.9 LPA

Median package

INR 19.5 LPA

Total job offers

1,300

Unique job offers

1,150

PPOs

260

International offers

30

Companies visited

500

Placement rate

84.94%

Step 4: The suitable date for the Pre-Placement Talk (PPT) is decided by the discussions between the companies and the T&P Cell. After confirmation from the companies, students are notified of the PPT date.

Step-5: The companies visit IIT campuses to conduct PPT.

Step-6: The companies may also if interested, select pre-final year students for summer internships during the placement drive.

Step-7: Interested students register for a particular company online to make their resumes/CVs available to the companies for shortlisting.

Step-8: Companies send the list of shortlisted students by email to the T&P Cell before the campus visit for final interviews.

Step-9: The companies visit the campus for placements on the allotted dates and conduct Group Discussions/Aptitude test/Technical test/Personal Interviews etc.

Step-10: The companies furnish the final list of selected students on the same day or in few days after the completion of the selection procedure.

Planning for BTech admission? Find useful insights & emerging trends on student preferences for BTech colleges, locations and more for free.

Download All India BTech Report 2024

IIT Placements: Salary packages offered

See the tables below to know about the highest domestic CTC, average CTC, and highest international CTC offered at various IITs by different companies. The data is taken from the final placement reports of the previous year.

Name of IIT

Average Domestic Package

(Per annum – in lakh)

Highest Domestic Package

(Per annum – in lakh)

Indian Institute of Technology (IIT), Gandhi Nagar

8.96

40

Indian Institute of Technology (IIT), Bhubaneshwar

11.44

39

Indian Institute of Technology (IIT), Madras

10-20

20-40

Indian Institute of Technology (IIT), Guwahati

14.95

30

Indian Institute of Technology (IIT), Indore

9.13

50

Indian Institute of Technology (IIT), Kanpur

10-20

93

Indian Institute of Technology (IIT), Jodhpur

14.33

36

Indian Institute of Technology (IIT), Kharagpur

15

60-70

Indian Institute of Technology (IIT), Hyderabad

16.74

53.79

Indian Institute of Technology (IIT), Mumbai

20.34

62.28

Indian Institute of Technology (IIT), Patna

13.05

38

Indian Institute of Technology (IIT), Delhi

20-25

40-60

Indian Institute of Technology (IIT), Ropar

14.56

17.3

Indian Institute of Technology (IIT), Mandi

13.5

40

Indian Institute of Technology (IIT), Roorkee

10-20

47

Indian Institute of Technology (Banaras Hindu University), Varanasi

8.19

1.04 crore

Indian Institute of Technology (IIT), Jammu

N/A (Established 2016)

N/A (Established 2016)

Indian Institute of Technology (IIT), Palakkad

8.44

16.75

Indian Institute of Technology (IIT), Tirupati

9.2

22

Indian Institute of Technology (IIT), Goa

N/A (Established 2016)

N/A (Established 2016)

Indian Institute of Technology (IIT), Bhilai

N/A (Established 2016)

N/A (Established 2016)

Indian Institute of Technology (IIT) Dharwad

N/A (Established 2016)

N/A (Established 2016)

Indian Institute of Technology (Indian School of Mines), Dhanbad

14

43

IIT Placement: Highest International Package

The table below shows the highest CTC offered to students of some of the IITs by global/international organizations. Data displayed have been taken from the final placement report for the year 2022-23.

Name of the IIT

Highest International Package (Per annum – in crore)

IIT Bombay

1.16

IIT Kharagpur

1

IIT Kanpur

1.5

IIT Roorkee

1.54

IIT Madras

1.33

IIT Varanasi

1.52

Read More: IIIT Placements – Know Highest Salary Package

FAQs Regarding IIT Placements

Q. Which IIT is best for placement?

A. IIT Bombay is considered one of the best among IITs for placements. The highest package offered in the institute this year was around 1.16 crore.

Q. Does IIT have 100% placement?

A. Yes, all the IITs offer 100% placements to their students. Only the students who want to pursue higher studies don’t appear in the placement drive.

Q. What is the average package offered to IIT students?

A. Package of students in top IITs usually ranges from Rs 10-20 lakh per annum whereas, for other IITs, it is between Rs 5-10 lakh per annum.

Q. What is the average placement package at IIT Bombay?

A. During the 2021 placement drive, the average domestic CTC was Rs 20.34 LPA.

Q. Is there any placement exam at IITs?

A. Yes, IIT Bombay conducts a Placement Common Aptitude Test (PCAT) which is a standardised test conducted before the screening of candidates.

Q. What is the placement rate of IIT Bombay?

A. In IIT Bombay, 92.13% BTech students, 83.43% MTech, and 94.33% Dual Degree student got placed this year.

Q. Who are the top recruiters at IITs in 2021?

A. Companies such as Microsoft, Google, Texas Instruments, Qualcomm, Boston consulting Group, Apple, Sony Japan, Honda, and NEC Japan were among the top recruiters.
About the Author

Satyendra is an expert news writer and content editor at shiksha.com with over ten years of experience in the education field. His work involves writing news and articles, editing, and proofreading content related t... Read Full Bio

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