IIT Madras records the highest number of offers in campus placements for an academic year

CHENNAI : Indian Institute of Technology Madras (IIT Madras) has recorded 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.

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 per cent placement for the Department of Management Studies, IIT Madras.

The Average Salary received by students during campus placements for 2021-22 is Rs. 21.48 Lakh Per Annum. The Highest Salary offered is USD 250,000.

As many as 80 per cent of students who opted for Campus Placements during 2021-22 have received job offers during placement 2021-22.

Highlighting the key factors driving the campus placements, Prof. C. S. Shankar Ram, outgoing Advisor (Placement), IIT Madras, said, “Placements reflect a quantifiable outcome of the value-addition to students at an academic institution. We are thrilled that our students have done exceptionally well in the 2021-22 placements that have led to record-high job offers.”

Further Prof. C. S. Shankar Ram said, “This is a testament to the exceptional curricular training and co-curricular opportunities received by our students at IIT Madras. On behalf of IIT Madras, I thank our recruiters for this successful season and hope that they continue to engage with us for Placements and other activities. I thank our institute placement team and administration for their unstinted support and efforts.”

 

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 is as follows:

 

Sectors % 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

 

The top recruiters (in terms of number of job offers) during 2021-22 include:

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
   

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