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IIT Madras M.Tech Placements, Top Recruiters, Scholarships & More

Learn about the IIT Madras M.Tech placement details, along with the top recruiter list. Discover IIT Madras placement 2023 statistics, scholarships, and internship information in this detailed guide.
authorImageRiya Sharma15 Jan, 2024
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IIT Madras M.Tech Placements

IIT Madras M.Tech Placements: The Indian Institute of Technology, Madras, is one of the prominent IITs. It is well known for its academic excellence and excellent placement drives. In 2022, the IIT Madras M.Tech placement percentage was observed at 46%. The highest package offered to eligible students during the IIT Madras M.Tech Placement 2023 is INR 49.7 lakh per annum.

Some of the top recruiters associated with IIT Madras are Samsung, Amazon, Qualcomm, Intel, Maxlinear, Sandisk, MediaTek, Redpine Signals, Citi Bank, Airbus, Honeywell, HSBC, ICICI Bank, Apple, American Express, RBS, UBS, JP Morgan Chase, and others. Keep reading to learn more about the IIT Madras M.Tech placements, salary, and other important details.

IIT Madras M.Tech Placements

The statistical history of placements at the Indian Institute of Technology, Madras, reflects the institute's commitment to excellence. The procedure for IIT Madras M.Tech placement starts with the registration of the organizations with the institute. The organizations then fill out the Employer Registration Form (ERF) with all the essential information. Following that, companies assess applicants' resumes before performing online or offline examinations based on their requirements. Students are then assigned interview dates, followed by the final interview procedure.
IIT Madras M.Tech Placement Statics (2022) For PG-2 Year Programs
Particulars Statics
Total Batch 690
Students Eligible for IIT Madras M.Tech Placements or other PG Programs Placements 587
Number of Students Placed 439
Median Salary Offered Rs. 13,00,000
Total Students Opted for Higher Studies 64
Read: GATE Cut Off for PSU 2023, Check Previous Year Cut Off

IIT Madras M.Tech Placements Package

IIT Madras M.Tech placements continuously draw attention because of the significant salary packages provided to their graduates. The placement process for M.Tech students at IIT Madras demonstrates the institute's strong industry connections and commitment to delivering promising career opportunities. Organizations actively seek M.Tech graduates from IIT Madras for their specialized knowledge and skills, resulting in competitive placement packages. The institute's reputation for academic quality and research ability boosts the demand for its M.Tech graduates, making them valued professionals in various industries. Let's look at the IIT Madras M.Tech placement packages offered to students in the table below.
IIT Madras M.Tech Placement Package
Particulars IIT Madras M.Tech Salary
Minimum CTC Offered INR 4.25 Lakh Per Annum (Approx.)
Maximum CTC Offered INR 49.7 Lakh Per Annum (Approx.)
Average CTC Offered INR 16.84 Lakh Per Annum (Approx.)
Medium CTC Offered INR 13 Lakh Per Annum (Approx.)

IIT Madras M.Tech Placements- Top Recruiters

IIT Madras M.Tech placements reveal an excellent collection of top-tier recruiters. Notable names such as Qualcomm, Intel, Maxlinear, etc. consistently recruit M.Tech graduates from the Indian Institute of Technology, Madras, highlighting the institution's academic excellence and reputation for creating qualified and sought-after professionals. Giants like Apple are actively involved in the placement process, as are well-known banks like CitiBank, HSBC, and others. Check the list of top recruiters for IIT Madras M.Tech placements, as outlined below.
  • Qualcomm
  • Intel
  • Maxlinear
  • Sandisk
  • MediaTek
  • Redpine Signals
  • Samsung
  • Citi Bank
  • Airbus
  • Honeywell
  • HSBC
  • ICICI Bank
  • Apple
  • Amazon
  • American Express
  • RBS
  • UBS
  • J.P. Morgan Chase

IIT Madras M.Tech Placement- Internship

The IIT Madras M.Tech placement drive allows students from the M.Tech program to undertake a three-month industrial summer internship at the end of their second semester.
  • Students receive training from the training cell and specialists before participating in the internship programs.
  • During interviews, the program offers additional incentives from associated recruiters, and employers submit a final assessment of the students' performance.
  • Based on their performance during the internship duration, successful students may even have the opportunity to convert their internships into permanent job offers.
Read: IIT Madras Admission 2023, Courses, Eligibility, Admission Process

IIT Madras M.Tech Placements- Scholarships

IIT Madras M.Tech Placements extends beyond securing rewarding career possibilities; the institute also grants scholarships to help students with their academic pursuits. These scholarships aim to recognize and reward exceptional performance, encouraging an excellence culture within the M.Tech program. Some of the well-known IIT Madras M.Tech scholarships are: DAE-GF Scholarship Scheme : It stands for Department of Atomic Energy Graduate Fellowship and is a scholarship program for M.Tech students.
  • Students who pass the GATE exam and are chosen for this scholarship program will receive a monthly fellowship of INR 35,000.
  • Students in the program are guaranteed placement in one of the Department of Atomic Energy (DAE) units after completing their M.Tech degree at IIT Madras.
  • Applicants must be Indian citizens and under the age of 26 as of September 1 to be eligible for this opportunity. SC/ST students are also given a 5-year age relaxation.
AERB-GF Scholarship Scheme: The Atomic Energy Regulatory Board Graduate Fellowship (AERB-GF) is a government scholarship exclusively designed for M.Tech students.
  • This scholarship shortlists up to three students from either Mechanical or Chemical Engineering or a combination.
  • These selected students receive a monthly stipend of INR 11,000 for two years and a one-time educational material allowance of INR 5,000.
  • To be eligible for this scholarship, applicants must hold a B.Tech or B.E. degree in Computer Science and Engineering, Mechanical Engineering, or Metallurgical and Materials Engineering and possess a valid GATE score.
Read: GATE 2024 Scorecard, Uses and Validity for IITs, NITs, & PSUs

IIT Madras M.Tech Placement Procedure

IIT Madras M.Tech placements follow an orderly procedure, which is explained below:
  • Companies are sent invitations containing important details.
  • Companies that are interested in recruiting from IIT Madras can contact the Department Placement Coordinator (DPC).
  • Companies may submit a Job Notification Form (JAF) by mail or email.
  • Following that, a date for the Pre-Placement Talk (PPT) gets scheduled, where companies present their information.
  • Companies are urged to submit a soft copy of their PowerPoint presentations and job descriptions, which are uploaded to an internal portal accessible only to students.
  • Campus interview dates are assigned depending on information in the JAF and student rankings.
  • Students who are interested in specific companies can register.
  • As part of the selection process, the hiring organization visits the campus on the agreed-upon day and conducts aptitude or technical testing, personal interviews, and group discussions.
  • After finishing the selection process, the organization is supposed to send the final list of selected students on the same day.
  • Following the recruitment policy, after a student has been selected by a company, they are not permitted to participate in interviews with other companies.

IIT Madras Placements Statics 2023

In the IIT Madras Placements 2023 for M.Tech and other specializations, 445 students were placed on the first day, with 407 pre-placement offers. Additionally, 25 students achieved salary packages exceeding INR 1 crore per annum. Diverse job roles, including Software Development Engineer, Data Science, Quant, Core Engineer, and more, were offered during the placement drive. Renowned organizations such as Texas Instruments, Bajaj Auto Ltd., Cetak Ltd., Qualcomm, and others actively participated in this successful placement process as top recruiters.

IIT Madras Placements 2023 for M.Tech and Other Specializations

Particulars Details
Total Number of Pre-placement Offers Received 407
Total Number of Students Registered 1722
Total Number of Students Received Packages Above INR 1 CPA 25
Total Number of Students Placed on Day 1 445
Top Job Roles Offered Software Development Engineer, Data Science, Quant, and Core Engineer, among others
IIT Madras Placements Top Recruiters Texas Instruments, Bajaj Auto Ltd, Cetak Ltd, Qualcomm, and others

GATE 2024 Important Links

GATE 2024 GATE Exam Date 2024
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GATE Application Form 2024 GATE 2024 FAQs
GATE Admit Card 2024 GATE Cut Off
GATE 2024 Registration GATE 2024 Test Series
GATE Notification 2024 GATE Previous Year Question Paper
GATE 2024 Login GATE Eligibility Criteria 2024

IIT Madras M.Tech Placements FAQs

What is the highest package received in the IIT Madras M.Tech placement?

The highest package received in the IIT Madras M.Tech placement stood at approximately 49.7 LPA.

Which companies recruit from IIT Madras M.Tech placements?

The top companies that recruit students from the IIT Madras M.Tech placement drive are Qualcomm, Intel, Maxlinear, Sandisk, Amazon, and HSBC, among others.

What is the minimum CTC offered during IIT Madras M.Tech placements?

In accordance with the previous year's placement statistics, the minimum CTC offered during IIT Madras M.Tech placements was 4.25 lakhs per annum.

What is the average package offered in IIT Madras M.Tech placements?

The average package of around 16.84 lakhs per annum is offered in IIT Madras M.Tech placements.
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