Likhith · September 17, 2025 
Introduction
The Indian Institute of Technology Madras (IIT Madras), India’s NIRF Rank 1 engineering institute, has delivered exceptional placement results for the 2023-2024 academic year. These comprehensive IIT Madras placement statistics showcase the diverse career paths chosen by graduates across all departments and programs.
As the top-ranked engineering institute in India according to NIRF rankings, IIT Madras continues to attract premier recruiters and deliver outstanding career outcomes for its students. The latest IIT Madras placement statistics demonstrate the institute’s commitment to excellence and industry relevance.
IIT Madras Placement Overview 2023-2024
The placement data reveals comprehensive information about career paths chosen by IIT Madras graduates, including campus placements, higher studies, entrepreneurship ventures, and civil service preparation.
Key Placement Statistics:
- Students Placed: 1,091 students secured placements in Phase I and Phase II
- Participating Companies: 256 companies recruited from IIT Madras
- Pre-Placement Offers: 300 PPOs offered, with 235 accepted by students
- International Offers: 44 international job offers across multiple countries
- Average Package: ₹22 LPA (overall across all programs)
- Median Package: ₹19.60 LPA
Department-Wise CTC Summary Analysis
Based on the official CTC summary data, here’s the comprehensive department and program-wise salary analysis:
B.Tech Programs CTC Analysis
| Department | Median CTC (₹ LPA) | Average CTC (₹ LPA) |
|---|---|---|
| Aerospace Engineering (AE) | 17.50 | 16.08 |
| Biotechnology (BT) | 30.30 | 30.30 |
| Chemical Engineering (CH) | 16.00 | 18.45 |
| Civil Engineering (CE) | 16.00 | 17.73 |
| Computer Science (CS) | 37.50 | 52.32 |
| Electrical Engineering (EE) | 25.45 | 27.28 |
| Mechanical Engineering (ME) | 16.00 | 18.50 |
| Metallurgical Engineering (MM) | 13.10 | 14.28 |
| Ocean Engineering (OE) | 16.50 | 18.12 |
| Physics (PH) | 15.92 | 20.39 |
Dual Degree Programs CTC Analysis
| Department | Median CTC (₹ LPA) | Average CTC (₹ LPA) |
|---|---|---|
| Aerospace Engineering | 16.50 | 18.06 |
| Biotechnology | 14.62 | 16.51 |
| Computer Science and Engineering | 84 | 84 |
| Chemical Engineering | 20.58 | 28.96 |
| Civil Engineering | 19.00 | 19.44 |
| Electrical Engineering | 39.27 | 38.71 |
| Engineering Design | 20.15 | 23.27 |
| Mechanical Engineering | 19.80 | 23.20 |
| Metallurgical Engineering | 17.60 | 21.12 |
| Ocean Engineering | 23.08 | 24.42 |
| Physics | 22.00 | 29.51 |
| Mathematics | 6.00 | 6.77 |
M.Tech Programs CTC Analysis
| Department | Median CTC (₹ LPA) | Average CTC (₹ LPA) |
|---|---|---|
| Applied Mechanics (AMBE) | 8.75 | 11.39 |
| Biotechnology | 8.81 | 9.43 |
| Chemical Engineering | 8.15 | 9.80 |
| Computer Science | 21.50 | 26.83 |
| Electrical Engineering | 35.59 | 30.36 |
| Engineering Design | 15.00 | 15.00 |
| Mechanical Engineering | 12.90 | 18.07 |
| Metallurgical Engineering | 12.00 | 13.19 |
| Ocean Engineering | 10.40 | 11.09 |
| Physics | 12.50 | 12.50 |
| Mathematics | 20.00 | 16.72 |
Specialized Programs CTC Data
| Program | Median CTC (₹ LPA) | Average CTC (₹ LPA) |
|---|---|---|
| M.Sc. Programs | 6.73 | 7.35 |
| MBA | 15.00 | 15.55 |
Salary Range Distribution
| Salary Range (₹ LPA) | Number of Offers |
|---|---|
| Above 20 | 558 |
| 16.75 to 20 | 230 |
| 14 to 16.75 | 227 |
| 12 to 14 | 93 |
| 10 to 12 | 161 |
| 8 to 10 | 128 |
| 6 to 8 | 68 |
| 4 to 6 | 10 |
For complete data refer official report of placement stats 2024
Career Path Distribution
IIT Madras graduates have chosen diverse career options beyond traditional campus placements:
- Campus Placements: Traditional job offers from recruiting companies
- Higher Studies: Pursuing M.S./M.Tech./PhD programs in India and abroad
- Entrepreneurship: Starting their own ventures or joining startup ecosystems
- Civil Services: Preparation for UPSC and other competitive examinations
- Research Positions: Academic and industrial research opportunities
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Frequently Asked Questions (FAQs)
Q1. What was the average package at IIT Madras in 2023-2024?
The overall average package was ₹22 LPA with a median of ₹19.60 LPA.
Q2. How many companies participated in IIT Madras placements?
256 companies participated in the 2023-2024 placement season.
Q3. What percentage of students were placed?
Over 80% of B.Tech/Dual Degree students and 75% of Master’s students were placed by April 30, 2024.
Q4. Which department had the highest median salary for B.Tech?
Biotechnology had the highest median salary at ₹30.30 LPA for B.Tech programs.
Q5. How many international offers were made?
44 international offers were extended to IIT Madras students during 2023-2024.
Conclusion
IIT Madras continues to maintain its position as a leading institution for technical education and career outcomes. The 2023-2024 placement data demonstrates strong industry partnerships, diverse career opportunities, and competitive salary packages across all departments. With comprehensive support from the Career Pathway Centre and strong alumni networks, IIT Madras graduates are well-positioned for success in their chosen career paths.
For students seeking expert guidance in their educational journey, Career Plan B provides personalized counseling and strategic planning to ensure optimal career outcomes.
Also Read:
IIT Madras Seat Allotment and Joining Instructions 2026: Complete Guide
