Indian Institute of Technology, Madras2024 Placement Report
Indian Institute of Technology, Madras: 2024 Placement Report
IIT Madras (IIT M) 2024 placement report: CTC, recruiters, and sector data from the official release.
Numbers
Editorial review
Indian Institute of Technology, Madras's 2024 placement cycle: In the first two phases of IIT Madras's 2023-24 campus placements, 1,091 students were placed across 256 companies, at a median CTC of Rs 19.6 lakh and average of Rs 22 lakh; Core Engineering & Technology led sector share at 43%; median CTC printed at ₹19.60 LPA. The longer reading and numbered takeaways below unpack what that means for sector mix, recruiter depth, and how to read average versus median.
Core Engineering & Technology (43%) and IT/Software (20%) together account for 63% of the two disclosed sector categories, leaving at most 37% split across analytics, finance, consulting, and data science, each individually reported at under 10%. The top-recruiters list leans toward global technology firms (Apple, Amazon, Microsoft, Google, Qualcomm, five names) and BFSI/markets firms (Goldman Sachs, Morgan Stanley, JPMorgan Chase, three names), with McKinsey & Company and Deloitte representing consulting.
Against 1,091 students placed and 256 recruiting companies, that's an average of roughly 4.3 students placed per recruiter. The average CTC of Rs 22 lakh runs about Rs 2.4 lakh above the median of Rs 19.6 lakh, and the 44 international offers work out to about 4% of students placed. Figures are from IIT Madras's official press release (16 May 2024) covering the first two phases of the 2023-24 campus placement season, not necessarily the final full-year total.
Separately, the release reported more than 80% of BTech/Dual Degree students and 75% of Master's students who registered were placed, and 235 of 300 pre-placement offers were accepted; 85 startups made 183 offers. Top recruiters are drawn from the institute's official 2024-25 recruiter list, not specific to the 2023-24 season covered by the other figures above.
Key takeaways
Core Engineering & Technology led the batch at 43%
Core Engineering & Technology accounted for 43% of offers, the largest sector share in this 2024 report. The next sector, IT/Software, sat at 20%, so the gap between first and second is 23 percentage points. If your target function sits outside this lead sector, treat the headline placement rate as a campus-wide figure rather than a guarantee for your preferred cohort.
Top two sectors took 63% of offers
Core Engineering & Technology and IT/Software together made up 63% of offers, a concentrated recruiter mix. Concentration is not automatically good or bad, but it does mean batch-level averages can mask thinner opportunity in secondary functions.
International offers stayed rare
44 of 1091 offers were international (4%). That share is small enough that domestic packages define the typical story. Crore-plus overseas headlines, when they appear, usually sit in this thin tail rather than in the median.
Average sits above the median
Average CTC (₹22 LPA) sits about ₹2.4 LPA above the median (₹19.60 LPA). That gap usually means a smaller set of higher offers pulled the mean up, so the median is the safer read on a typical package for this 2024 batch.
Sector split
Hover a slice to view the percentage / count split
Top recruiters
Frequently asked questions
How did average CTC compare with the median in 2024?
Average CTC was ₹22 LPA and median was ₹19.60 LPA. The average sits above the median, so a smaller set of higher offers pulled the mean up relative to a typical package.
Which program does this 2024 report cover?
This page covers All programmes (B.Tech, Dual Degree, M.Tech, MS, MA, MBA, M.Sc, PhD), Academic Year 2023-24 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
Core Engineering & Technology (43%) and IT/Software (20%) together account for 63% of the two disclosed sector categories, leaving at most 37% split across analytics, finance, consulting, and data science, each individually reported at under 10%. The top-recruiters list leans toward global technology firms (Apple, Amazon, Microsoft, Google, Qualcomm, five names) and BFSI/markets firms (Goldman Sachs, Morgan Stanley, JPMorgan Chase, three names), with McKinsey & Company and Deloitte representing consulting.
Against 1,091 students placed and 256 recruiting companies, that’s an average of roughly 4.3 students placed per recruiter. The average CTC of Rs 22 lakh runs about Rs 2.4 lakh above the median of Rs 19.6 lakh, and the 44 international offers work out to about 4% of students placed. Figures are from IIT Madras’s official press release (16 May 2024) covering the first two phases of the 2023-24 campus placement season, not necessarily the final full-year total.
Separately, the release reported more than 80% of BTech/Dual Degree students and 75% of Master’s students who registered were placed, and 235 of 300 pre-placement offers were accepted; 85 startups made 183 offers. Top recruiters are drawn from the institute’s official 2024-25 recruiter list, not specific to the 2023-24 season covered by the other figures above.