Chennai: IIT Madras consistently achieves high placement rates, with over 80% of BTech/Dual Degree students and more than 75% of Master's students placed by convocation time.
In the 2023-24 academic year, 1,091 students secured positions in 256 companies during Phase I and Phase II of campus placements. Additionally, 235 pre-placement offers were accepted out of 300, with 44 international offers and 183 from startups.
The core sector attracts 43% of placements, followed by software at 20%, and less than 10% each in analytics/finance/consulting and data science.
For PhD research scholars, placement timelines differ due to the non-time-bound nature of their program, but efforts are being made to establish a dedicated placement cell.
The median and average salaries stand at ₹19.6 Lakhs and ₹22 Lakhs respectively.
The institute encourages entrepreneurship and aims to foster 100 tech startups next year.
The Career Pathway Centre assists students in exploring diverse career options, ensuring their competitiveness in the job market.