Indian Institute of Technology, Madras2023 Placement Report
Indian Institute of Technology, Madras: 2023 Placement Report
IIT Madras (IIT M) 2023 placement report: CTC, recruiters, and sector data from the official release.
Numbers
Editorial review
Indian Institute of Technology, Madras's 2023 placement cycle: 1,722 students registered for IIT Madras's 2022-23 placement season, which produced 1,612 full-time offers from 480+ companies and a record 350 accepted pre-placement offers. The longer reading and numbered takeaways below unpack what that means for sector mix, recruiter depth, and how to read average versus median.
IIT Madras's own 2022-23 statistics report puts the season's full-time offer count at 1,612 from 480+ companies, against 1,722 students registered for the process. Day One alone, the institute's official press release reported, produced 445 offers including pre-placement offers, about 10% higher than the 407 recorded at the same point the prior season, with 25 offers already above Rs 1 crore per annum and at least 15 international offers from firms including Optiver, Da Vinci, Cohesity and Rubrik. Texas Instruments was the leading individual recruiter on Day One with 14 offers, followed by Bajaj Auto & Chetak Technology Limited and JPMorgan Chase & Co, Qualcomm, Procter & Gamble, Morgan Stanley, Graviton, McKinsey & Company and Cohesity. Pre-placement offers reached a record 350 accepted this season, well above the internship season's own base of 778 offers from 140+ companies. Against 1,612 total offers and 480+ recruiting companies, that works out to roughly 3.4 offers per recruiting company for the season. B.Tech, Dual Degree and IDDD students saw a branch-wide CTC range of Rs 6 lakh to Rs 1.32 crore, with a median of Rs 17 lakh, the reference point for a typical undergraduate outcome that season. Scope note: the Day One figures describe the opening session of Phase 1 rather than the full season, and are presented here alongside the institute's own year-end statistics report for the complete picture.
Key takeaways
Highest CTC fell 38.3%
Highest CTC fell from ₹2.14 Cr PA in the prior cycle to ₹1.32 Cr PA this year (−38.3%). That is a material move for Indian Institute of Technology, Madras aspirants reading this report as a signal of typical outcomes, especially for median, which is less skewed by a handful of outlier offers than average or highest CTC.
480 recruiters, led by Texas Instruments
480 firms participated for 1612 offers, about 3.4 offers per recruiter on average. Texas Instruments topped the named list, followed by JPMorgan Chase & Co, Bajaj Auto & Chetak Technology, and Qualcomm. Offer concentration among a few brand-name firms is common at top campuses; check whether your target employers actually appear in this list rather than assuming brand gravity alone.
Top recruiters
Frequently asked questions
Which program does this 2023 report cover?
This page covers All programmes (B.Tech, Dual Degree, M.Tech, M.A, M.Sc, M.S, PhD, MBA), Academic Year 2022-23 at Indian Institute of Technology, Madras.
Where do these placement figures come from?
Every number on this page is transcribed from Indian Institute of Technology, Madras's own published materials. Open the source link under the title for the original document.
Notes
IIT Madras’s own 2022-23 statistics report puts the season’s full-time offer count at 1,612 from 480+ companies, against 1,722 students registered for the process. Day One alone, the institute’s official press release reported, produced 445 offers including pre-placement offers, about 10% higher than the 407 recorded at the same point the prior season, with 25 offers already above Rs 1 crore per annum and at least 15 international offers from firms including Optiver, Da Vinci, Cohesity and Rubrik. Texas Instruments was the leading individual recruiter on Day One with 14 offers, followed by Bajaj Auto & Chetak Technology Limited and JPMorgan Chase & Co, Qualcomm, Procter & Gamble, Morgan Stanley, Graviton, McKinsey & Company and Cohesity. Pre-placement offers reached a record 350 accepted this season, well above the internship season’s own base of 778 offers from 140+ companies. Against 1,612 total offers and 480+ recruiting companies, that works out to roughly 3.4 offers per recruiting company for the season. B.Tech, Dual Degree and IDDD students saw a branch-wide CTC range of Rs 6 lakh to Rs 1.32 crore, with a median of Rs 17 lakh, the reference point for a typical undergraduate outcome that season. Scope note: the Day One figures describe the opening session of Phase 1 rather than the full season, and are presented here alongside the institute’s own year-end statistics report for the complete picture.