IIT Madras is excited to announce that IIT Madras has recently been included to join the Compact Muon Solenoid (CMS) experiments of CERN (European Laboratory for Particle Physics). This will open up a tremendous opportunity for us not only in the area of Physics but also in a large number of related technologies which are initiated and applied at CERN.
- Average package: 8.98 Lakhs per annum
- Highest Package: 68.5 Lakhs per annum
- Out of 1220 people registered for placements, 823 have been placed
- Additionally, 24 pre-placement offers were accepted bringing the total percentage of people placed to 69.4%
- 53 people had two offers, while 5 people had 3 offers made to them
- 248 companies participated in the on-campus placement process and a total of 905 offers were made
Day 1 Companies:McKinsey & Co, BCG, ITC, Transocean, HUL, Google India, Facebook, Goldman Sachs, Morgan Stanley, Shell, Deutsche Bank, Sony Corporation, IBM Research, PocketGems
Day 2 Companies: Eaton, Amazon, Credit Suisse, Intel, Microsoft, Nomura, Capital One, Schlumberger, American Express, Directi, InMobi, Hyundai
Average and Highest Salaries: The department-wise average and highest salaries are shown below:
|Comp Science and Engg.||Highest||68.5||68.5||33||62.5|
|Met. and Materials Engg.||Highest||17.5||12.81||7||22.5|
|IIT Madras Total||Highest||68.5||68.5||8.25||33||3||10||62.5|
The average/highest salaries of Computer Science and Engineering are consideraly higher than other departments in all programmes, keeping in line with previously seen trends. Most departments have their average salary lower than 10 LPA.
The programme-wise average salaries show that B.Tech still retains the top stop, closely followed by Dual Degree.
Sector-Wise Distribution of Companies
Around 35% of all companies are core, closely followed by IT companies. FMCG and public sector companies form a thin sliver of the pie chart. The rest of the non-core companies consist mostly of Finance, Analytics and Consulting firms.
Note : This is a distribution of the number of companies that registered for placements, not the number of students that got placed in these sectors.
CGPA vs. Salaries
Perhaps the most interesting metric in this article. As suspected, the relationship between CGPA and average salary is quite linear and shows an interesting behavior. The Dual Degree students hold an edge over their B.Tech counterparts till the 8-8.5 range, where the B.Techs overtake them. The values for the MS, M.Tech, and the M.Sc programmes show absurd behaviour – they experience a peak at the 6-7 range, after which they seem to drop. The Dual Degree line also sees a small drop from the 8.0-8.5 to the 8.5-9.0 range, but then rises again. This time, the contending ‘app profile’ of students with high CGPAs does not seem to have affected their salary as was the case last year.
Percentage of Students Placed (Click the image to expand.)
In terms of percentage of people placed vs. those registered, once again, Computer Science is at the top closely followed by Engineering Design and Management Studies. The percentage of the total number of students placed vs. those registered in the institute stands at 69.4%
If we look at the percentage of people placed programme-wise, MBA seems to be the highest with above 90 percent, followed by Dual Degree and B.Tech respectively. This shows that placement percentage is not necessarily in line with the average salaries of these programs. (B.Tech had the highest average salary)