Over 80% of B.Tech/dual degree students at the Indian Institute of Technology, Madras have been placed in the phase 1 and phase 2 campus placement drives for the year 2023-24, according to the data collated up to April 30. Over 75% of postgraduate students were also placed, a release from the institute said.
Companies from Japan and European countries made 44 international offers while 83 start-ups made 183 offers. The institute said with more than two months left for the 2024 convocation, the institute expected to achieve 90% placement.
In the two phases of 2023-24 placement session 1,091 students were placed in 256 companies. Of the 300 pre-placement offers, 235 were accepted. While 43% of the students were placed in the core sector; 20% opted for software and less than 10% each were selected in fields such as analytics, finance, consulting and data science. The median average salary stands at ₹19.6 lakh and ₹22 lakh respectively.