IIT Madras students bag record 445 offers on Day 1

The figure, which includes PPOs, is the highest ever recorded in IITM placements history at the end of session 1.1. It is around 10% higher than last year’s figure of 407. The first phase of placements is expected to continue till December 7. 

The placement season has begun at the Indian Institute of Technology (IIT) Madras with a record 445 offers on day 1 and session 1 of campus placements for the 2022-23 academic year.  

The figure, which includes pre-placement offers (PPOs), is the highest ever recorded in IIT Madras placements history at the end of session 1.1. It is around 10 per cent higher than last year’s figure of 407. A total of 25 offers with pay packages in excess of INR 1 crore per annum has been received at the end of session 1.1. A total of 15 international offers were received from four companies at the end of session 1.1. 

As many as 1,722 students have registered for placements in the 2022-23 academic year, across different streams of study. The total number of companies that have registered for phase I placements is 331. They will be recruiting for a total of 722 profiles. 

IIT Madras records highest number of PPOs 

IIT Madras Director Prof V Kamakoti said, “Placement is the most important festival of IIT Madras. There are great expectations from both parents and students. I am sure the students are very excited. We have got some of the major companies who have come for the placements. I am sure this year it will be rewarding both for the recruiters and for the students. In addition, IIT Madras recorded the highest number of PPOs this year, which is a pointer that the current placement will also be very successful.” 

The main recruiters of this year include Microsoft, Graviton, Flipkart, Texas Instruments, Bajaj Auto, Bain and Company, Goldman Sachs, Qualcomm, Boston Consulting Group, JP Morgan Chase & Co, P&G, Optiver, Morgan Stanley, and McKinsey. 

The public sector companies that are recruiting during Phase I include ONGC and Centre for Development of Telematics (CDoT). The Phase I of Placements is expected to continue till December 7, 2022. 

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