IIT Madras Placement: Over 80% of BTech/Dual Degree and 75% of Master’s Students Placed

In the past two years, 90% of IIT Madras BTech and Dual-Degree graduates secured jobs by their convocation. Know complete details here 

IIT Madras: Over the past two years, 90% of Indian Institute of Technology (IIT) Madras BTech and Dual-Degree graduates secured jobs by the time of their convocation. As of April 30, 2024, with more than two months until this year's convocation, over 80% of BTech and Dual-Degree students, and more than 75% of Master’s students have already been placed.

During the 2023-24 academic year, in phase I and II of IIT Madras campus placements, 1,091 students secured positions at 256 companies. Additionally, out of 300 pre-placement offers, 235 were accepted. Of the placed students, 43% are in the core sector, followed by 20% in software, and less than 10% each in analytics/finance/consulting and data science.

Companies from Japan, Europe and other countries made 44 international offers. Further, 85 start-ups made as many as 183 offers during Phases I and II of campus placement. This year's median and average salary is INR 19.6 Lakhs and INR 22 Lakhs respectively.

IIT Madras PhD Placement 

The placement timeline for PhD research scholars differs from that of coursework-based programs because the PhD is not time-bound. Many PhD students defend their theses shortly before convocation and typically secure placements within a few months after graduating.

Most PhD students aim for post-doctoral or faculty roles. Given their specialization in specific core areas, their placements often require tailored connections with particular companies. To better facilitate these connections, a dedicated placement cell for research scholars is being established in the upcoming academic year to address these specific needs.

Speaking about the placements, Prof. V. Kamakoti, Director, IIT Madras, “I am happy to see that past year trends are continuing this year in placements. So, parents need not worry about the career path of their children at IIT Madras. While job placements are an important career path to take, we would like more of our students to take up entrepreneurship and provide jobs to others. This is in line with our target of 100 tech startups next year.”

Further, Prof. Satyanarayana Gummadi, Dean (Students), IIT Madras, said, “The Career Pathway Centre at IIT Madras helps students explore all career pathways and identifies varied employment opportunities. I am happy to see that despite a tough year, our students are in demand.”

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