IIT Madras students have reportedly received 45 international offers, and the highest salary offered is 250,000 US dollars
IIT Madras students have reportedly received the highest ever number of job offers received during campus placements in an academic year. A total of 1,199 job offers were received from 380 companies during Phases I and II of Campus Placements for 2021-22 academic year. In addition, 231 pre-placement offers (PPOs) were also received from students’ summer internships. This has led to a total of 1,430 job offers, which is significantly higher than the previous highest of 1,151 job offers recorded during the 2018-19 academic year, according to the institute.
This also includes 45 international offers from 14 companies, which is also a new record high. Further, 131 start-ups made as many as 199 offers during this Phases I and II of campus placement. All the 61 MBA students were also placed this season, leading to 100 percent placement for the department of management studies, IIT Madras.
Top Recruiters that made job offers to IIT Madras Students
The average salary received by students during campus placements for 2021-22 is Rs 21.48 lakh per annum. The highest salary offered is 250,000 US dollars. As many as 80 per cent of students who opted for Campus Placements during 2021-22 have received job offers during placement 2021-22. Some of the top recruiters are as follows:
SL. NO | COMPANY | OFFERS |
1 | EXL Service | 28 |
2 | OLA Mobility | 27 |
3 | EY India | 23 |
4 | American Express | 22 |
5 | Microsoft India Pvt. Ltd | 19 |
6 | IQVIA | 18 |
7 | Larsen & Toubro | 17 |
8 | Enphase Energy | 17 |
9 | Qualcomm | 17 |
10 | Kotak Mahindra Bank | 17 |
11 | Texas Instruments | 15 |
12 | Bajaj Auto Ltd | 15 |
13 | TVS Motor Company Ltd | 14 |
14 | Deloitte India | 14 |
15 | Intel | 14 |
16 | Nigeria | 13 |
17 | Wells Fargo International Solutions Private Limited | 13 |
18 | Goldman Sachs & Co. LLC | 13 |
19 | Indus Insights and Analytical Service Pvt. Ltd | 12 |
20 | Flipkart Internet Pvt Ltd | 12 |
A total of 45 international offers were made in this Phase I, out of which 11 offers came from Rakuten Mobile, Inc. Other international offers came from Glean, Micron Technologies, Honda R&D, Cohesity, Da Vinci Derivatives, Accenture Japan, Hilabs Inc., Quantbox Research, MediaTek, Money Forward, Rubrik, Termgrid and Uber.
The sector-wise breakup of job offers made to IIT Madras Students is as follows:
Sectors | Percentage of Placement |
Data Science and Analytics | 17 |
Core Engineering and Technology | 42 |
Financial Services | 6 |
Information Technology and Software Development | 17 |
Management | 6 |
Research and Development | 10 |
Education | 2 |