IIT Madras Placements 2022: The Indian Institute of Technology Madras (IIT Madras) has recorded the highest number of job offers ever during campus placements in an academic year.
According to a press release issued by Indian Institute of Technology Madras (IIT) Madras, 380 companies made 1199 offers in 2 phases during 2021-22 with 231 pre-placement offers received from summer internships. A total of 1151 offers were registered during the academic year 2018-19 and in comparison, a total of 1430 offers were registered this year.
IIT Madras Placements 2022 Details:
80 percent of the students who opted for campus placement during 2021-22 have received job offers during placement 2021-22. The average salary received by the students during the campus placement for the year 2021-22 is Rs. 21.48 lakh per annum.
14 companies also made 45 international offers to the students. Rakuten Mobile, Inc. and 11 offers were made by Glenn, Micron Technologies, Honda R&D, Cohesity, Da Vinci Derivatives, Accenture Japan, Hilabs Inc., Quantbox Research, MediaTek, Money. Forward, Rubric, TermGrid and Uber. Highest salary offered was $250,000.
Top employers of the year include EXL Services, OLA Mobility, EY India, American Express, Microsoft India, IQVIA, Larsen & Toubro, Enphase Energy, Qualcomm, Kotak Mahindra Bank, Texas Instruments among others.
During the first and second phases of campus placements, 131 start-ups made 199 offers. The Department of Management Studies, IIT Madras saw 100 percent placement and all 61 MBA students were placed.
Core engineering and technology sector witnessed 42% placements while both information technology and software development and data science and analytics sectors witnessed 17% placements each.
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.”