- Companies from Japan, Europe, and other countries made 44 international offers. Further, 85 start-ups made as many as 183 offers during Phases I and II of campus placement.
Indian Institute of Technology- Madras (IIT-M) has placed more than 80 per cent of BTech and dual degree students and more than 75 per cent of Master’s students this year. During the year 2023-24 phase I and phase II of campus placements, 1,091 students were placed in 256 companies. In addition, out of 300 pre-placement offers 235 were accepted.
Companies from Japan, Europe, and other countries made 44 international offers. Further, 85 start-ups made as many as 183 offers during phases I and II of campus placement. Of the placed students, 43 per cent are in the core sector, followed by 20 per cent in software, and less than 10 per cent in analytics/finance/consulting and data science, claimed the press release of IIT Madras.
“Regarding placement of PhD research scholars, unlike a coursework-based study, the PhD program, is a non-time bound program, and thus their placement timeline may not match with course-based programs. Many PhD students complete their PhD thesis Defence very close to the convocation. Many of them get placed within a few months after the convocation.” read a statement from the release.
A majority of the PhD students prefer post-doctoral or faculty positions. In addition, the PhD graduates being specialised in certain core domains, their placement would involve customised connect to specific companies. A research scholar placement cell is planned for the coming academic year that will comprehensively address the issues stated above.
This year, the median and average salary is Rs 19.6 lakh and Rs 22 lakh respectively, as mentioned in the release.
Speaking about the placements, Prof. V. Kamakoti, Director, IIT Madras, “I am happy to see that past year trends are continuing this year in placements. So, parents need not worry about the career path of their children at IIT Madras. While job placements are an important career path to take, we would like more of our students to take up entrepreneurship and provide jobs to others. This is in line with our target of 100 tech startups next year.”
