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IIT Placement 2022-2023: Highest Package Offered, Top Recruiters

Sakunth Kumar
Sakunth KumarUpdated On: January 18, 2023 04:14 pm IST | JEE Advanced

IIT placement 2022-2023 has commenced in December and last till May.  Check the IIT highest package 2022, IIT salary per month, top recruiting companies, average salary, and much more in this article.

IIT Placement 2022-2023

IIT Placement 2022- 2023- The Indian Institute of Technology (IIT) is the most demanded institute in India followed by NITs, IIITs, GFTIs, and other private and government institutes all over India. Every year more than a lakh candidates take part in the JEE Advanced for securing admissions into IITs. The hype of IITs is always rising and is at its peak due to not only the top faculties, and excellent campus but also for the best placement provided to the candidates. 

The IIT placement season involves Pre-Placement Offers (PPOs), Internships, and final placements for the candidates. Both domestic and international recruiters take part in IIT placements. Some of the top recruiters include Capital One, Oracle, Nutanix, Boston Consulting Group, Bain & Company, McKinsey & Company, JP Morgan Chase, Bajaj, etc. The highest salary offered at each IIT during the placement process has been increasing every year. 

Placements in different Indian Institutes of Technology (IITs) across India are usually conducted from December to May in different phases for the different IITs depending on the location. The average IIT salary ranges from INR 20 to 3,00,000 per year. The highest package of IIT salary offered in the top IITs is usually above INR 1 crore.
Quick Check: IIT Delhi Launches Joint Ph.D. Programme in Collaboration with Chiao Tung University

IIT Placements 2022-23 Highlights

The placements at IITs started on December 1, 2022, with a host of investment bankers, consulting companies, and core engineering corporates scooping in to pick the best candidates. We will also mention the IIT's highest package in 2022 here. 

  • Companies that offered PPOs have also visited IIT campuses for regular recruitment 
  • A total of 25 offered were made with packages above 1 crore at IIT Madras
  • A student from IIT Roorkee received an international package of 1.6 crore
  • As for IIT Bombay, a total of 2200 students are to sit for placements this year 
  • In IIT Delhi 650 full-time job offers were made to students including over 250 pre-placement offers 
  • During the placement season at IIT Bombay, 300 companies are expected to participate
  • 25 students receive packages over Rs 1 crore; 71 international offers made at IIT Bombay
  • Complete information will be updated here shortly
Quick check: IIT Guwahati Launches Smart Engineer: AI-Based System Design Tool

Highest Package of IIT Placements 2021 (2022 Graduating Batch)

IIT placements 2021 for the graduating batch of 2022 began on December 1. The day-wise placement highlights and the highest package of IIT details have been updated here:

Name of IIT

IIT highest package 2021

Average Salary Offered

Top Recruiters

IIT Bhubaneswar

56 LPA

16.27 LPA

  • Jaguar Landrover
  • Goldman Sachs
  • Amazon
  • Honeywell
  • Adobe
  • TCS R & D
  • TATA Steel
  • GE India

IIT Bhilai

Rs. 31.9 LPA

Rs. 12 LPA

  • Aditya Birla Group
  • Amazon
  • Delhivery
  • Samsung
  • OYOP
  • Deloitte
  • Paytm
  • Larsen &Toubro
  • Reliance games
  • Napier Healthcare
  • Commvault
  • RAAM Group
  • Commvault

IIT Bombay

Rs. 1.46 Crores

Rs. 17.91 LPA

  • Sony
  • Hyundai
  • Rakuten
  • AIRBUS
  • Schlumberger
  • TATA
  • Dr. Reddy
  • Accenture

IIT Delhi

Rs. 2 CPA

1.25 CPA

  • Microsoft
  • Intel
  • Oracle
  • TATA
  • Goldman Sachs
  • HCL

IIT Dhanbad

90LPA

10LPA

  • Bloomberg
  • Google
  • Bytedance

IIT Dharwad

40 LPA

9 LPA

  • Google
  • Microsoft
  • McAfee
  • DRDO

IIT Gandhinagar

40LPA

8.96 LPA

  • Cognizant
  • BPCL
  • ITC
  • HPCL
  • Infosys

IIT Goa

43LPA

11.6LPA

  • Microsoft
  • Paytm
  • Intel
  • Mathworks
  • RelianceJio

IIT Guwahati

Rs. 2 Crores (International)

Rs. 1.2 Crores (Domestic)

21.41LPA

  • Amazon
  • Apple
  • Flipkart
  • Micrsosoft
  • Google
  • Adobe

IIT Hyderabad

65 LPA

23LPA

  • MTX
  • Microsoft
  • Accenture Japan
  • Rakuten

IIT Indore

60LPA

25LPA

  • Goldman Sachs
  • Arcesium
  • L&T
  • Analog Devices

IIT Jammu

40LPA

12.2LPA

  • Ericsson
  • ABB
  • TCS
  • LTI

IIT Kanpur

2.8 CPA

82LPA

  • Graviton
  • ICICI Bank
  • Microsoft
  • Rubrik

IIT Kharagpur

24CPA

14.27LPA

  • Google
  • Microsoft
  • Honeywell

IIT Madras

70LPA

20.58LPA

  • Qualcomm
  • Brain & Co
  • McKinsey & Co
  • Bajaj Auto Ltd
  • Microsoft India

IIT Mandi

40LPA

13.4LPA

  • Samsung
  • Amazon
  • Google
  • Paytm
  • Walmart

IIT Palakkad

31.5LPA

11.42LPA

  • Google
  • TCS
  • L&T
  • Zoom

IIT Patna

61.3LPA

47.9LPA

  • Orcle
  • Accenture Japan
  • Paytm
  • NETApp
  • TATA Electronics

IIT Roorkee

Rs. 2.15 Crores (International)

Rs. 1.30 Crores (Domestic)

-

  • Apple
  • Hindustan Unilever
  • Amazon
  • ITC Ltd
  • Intel Technologies

IIT Ropar

17.45LPA

14.56LPA

  • Google
  • Microsoft
  • Apple
  • Deloitte

IIT Tirupati

40LPA

11LPA

  • Goldman Sachs
  • Google
  • Microsoft
  • Amazon
  • ITC Ltd

IIT Varanasi (BHU)

Rs. 2.05 Crores

-

  • Google
  • Microsoft
  • Goldman Sachs

Quick Check: IIT- Bombay Tech-Projects Trains 50L students, 10 L Teachers

Highest Salary Packages at IIT Placements 2020 (2021 Graduating Batch)

Here are the major highlights of IIT Placements 2020, and this data is applicable for the graduating batch of 2021. For some IITs, the final placement data is yet to be available -

Name of IIT

IIT highest package 2020

Average Salary Offered

Top Recruiters

IIT Bhubaneswar

Rs. 56 LPA

Rs. 16.27 LPA

  • Jaguar LandRover
  • Goldman Sachs
  • Amazon
  • Honeywell
  • Adobe
  • Qualcomm

IIT Bhilai

Rs. 31.9 LPA

To be Updated

To be Updated

IIT Bombay

To be Updated

Rs. 20.8 LPA

To be Updated

IIT Delhi

To be Updated

To be Updated

To be Updated

IIT Dhanbad

Rs. 90 LPA

Rs. 10 LPA

-

IIT Dharwad

Rs. 25 LPA

Rs. 11 LPA

  • Capgemini
  • TCS
  • Infosys

IIT Gandhinagar

To be Updated

To be Updated

To be Updated

IIT Goa

Rs. 43 LPA

Rs. 11.6 LPA

  • Bocsh
  • KPMG
  • Texas Instruments

IIT Guwahati

Rs. 70 LPA

Rs. 23.42 LPA

-

IIT Hyderabad

Rs. 60 LPA

Rs. 15.41 LPA

  • Microsoft
  • Accenture Japan

IIT Indore

Rs. 65 LPA

Rs. 22.92 LPA

  • Amazon
  • Accenture
  • Infosys

IIT Jammu

Rs. 40 LPA

Rs. 12.2 LPA

  • Chegg India
  • Optum
  • Arista Networks

IIT Kanpur

  • Rs. 1.47 Crore Per Annum (International)
  • Rs. 82 LPA (Domestic)

-

  • Microsoft
  • Google
  • Infosys

IIT Kharagpur

-

Rs. 19 LPA

  • Microsoft
  • Master Card
  • Goldman Sachs
  • Honeywell

IIT Madras

Rs. 70 LPA

Rs. 20.58 LPA

  • Microsoft
  • Goldman Sachs

IIT Mandi

To be Updated

To be Updated

To be Updated

IIT Palakkad

Rs. 31.5 LPA

Rs. 11.42 LPA

  • TCS
  • Arista Network
  • Honeywell

IIT Patna

Rs. 54.57 LPA

Rs. 16.7 LPA

  • Goldman Sachs
  • Adobe

IIT Roorkee

To be Updated

To be Updated

To be Updated

IIT Ropar

Rs. 17.45 LPA

Rs. 14.56 LPA

  • Amazon
  • Microsoft
  • Samsung Engineering

IIT Tirupati

Rs. 40 LPA

Rs. 11 LPA

-

IIT Varanasi (BHU)

-

Rs. 11.50 LPA

-

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Highlights Salary Packages at IIT Placements 2019 (2020 Graduating Batch)

Following the routine, the Indian Institutes of Technology have conducted its final placements for the year 2019 from December 2019 to November 2020 for the batch graduating in 2020. The students enrolled in the different programmes offered by IITs took part in a two-phase placement drive. The students were required to apply for the placement drive and select the best options among the job offers that will be offered by the various companies, visiting the campuses of the Institutes. Here are the highest and average packages that have been offered to the students along with the top recruiters' list -

Name of IIT

IIT highest package 2019

Average Salary Offered

Top Recruiters

IIT Bhubaneswar

Rs. 43.43 LPA

Rs. 15.8 LPA

  • Goldman Sachs
  • GE India
  • Maruti Suzuki
  • Mahindra & Mahindra
  • Infosys

IIT Bhilai

Rs. 20 LPA

Rs. 11 LPA

  • Deloitte
  • Bosch
  • Samsung

IIT Bombay

Rs. 1.16 Crore Per Ammum

Rs. 16.06 LPA

  • Microsoft
  • Samsung

IIT Delhi

Rs. 1 Crore Per Annum

Rs. 16 LPA

  • Microsoft
  • Intel
  • Oracle
  • Goldman Sachs

IIT Dhanbad

Rs. 90 LPA (Approximate)

Rs. 14 LPA

-

IIT Dharwad

Rs. 35-40 LPA

Rs. 9 LPA

  • Honda India
  • Microsoft Research

IIT Gandhinagar

  • Rs. 17.23 LPA (Domestic)
  • Rs. 40 LPA (International)

Rs. 8.96 LPA

  • Goldman Sachs
  • HPCL
  • IOCL
  • ITC

IIT Goa

Rs. 30 LPA

Rs. 18 LPA

  • Microsoft
  • Amazon

IIT Guwahati

Rs. 1.15 Crore Per Annum

-

  • Microsoft
  • Goldman Sachs

IIT Hyderabad

Rs. 60.41 LPA

Rs. 22.07 LPA

  • Infosys
  • Oracle
  • Amazon
  • Accenture

IIT Indore

Rs. 47 LPA

Rs. 18.87 LPA

  • Microsoft
  • HCL
  • Maruti Suzuki

IIT Jammu

-

-

  • Amazon
  • Arista Networks

IIT Jodhpur

Rs. 43 LPA

Rs. 14.33 LPA

  • Goldman Sachs
  • Amazon
  • Microsoft
  • Morgan Stanley

IIT Kanpur

  • Rs. 62.68 LPA (Domestic)
  • Rs. 1.54 Crore Per Annum (International)

-

  • Google
  • Microsoft

IIT Kharagpur

-

Rs. 8 LPA

  • Microsoft
  • Tata Steel
  • L & T
  • 28 offers from 5 Japanese Companies

IIT Madras

Rs. 1.33 Crore Per Annum

Rs. 16.1 LPA

  • Infosys
  • Tata
  • Wipro
  • Cognizant

IIT Mandi

-

Rs. 14 LPA

  • Microsoft
  • Amazon
  • L & T

IIT Palakkad

Rs. 21.34 LPA

Rs. 9.93 LPA

  • Arista Networks
  • TCS
  • L & T
  • Honeywell

IIT Patna

Rs. 59 LPA

Rs. 14.76 LPA

  • Accenture
  • Goldman Sachs
  • Infosys

IIT Roorkee

  • Rs. 1.54 Crore Per Ammum (International)
  • Rs. 69.5 LPA (Domestic)

Rs. 16 LPA

  • Microsoft
  • Google
  • JP Morgan

IIT Ropar

-

Rs. 15.85 LPA

-

IIT Tirupati

Rs. 43.4 LPA

Rs. 11 LPA

  • TCS
  • Bosch
  • L & T

IIT Varanasi (BHU)

Rs. 1.04 Core Per Ammum

Rs. 8.19 LPA

-

Quick Check: IIT Mandi Develops Technology to Convert Heat Energy into Electricity

Highest Salary Packages at IIT Placements 2018 (2019 Graduating Batch)

IIT final placements commence in the month of December every year. Students apply for different companies, and choose the best option among the job offers available. The students’ choice depends on the nature of work, salary offered etc. Here is the complete analysis of the highest package of IIT offered to IIT B.Tech/ M.Tech graduates so far. The data given below includes the latest placement record of IITs.

Name of the IIT

highest package of IIT for 2018

Average Salary Offered

Top Recruiters

IIT Bombay

Rs. 1.5 Crore Per Annum

Rs.. 18 (Lakh Per Annum)

  • Microsoft
  • Goldman Sachs
  • Qualcomm
  • Tata Steel
  • Uber
  • Morgan Stanley
  • Rubrik

IIT Madras

Rs. 95.87 LPA

Rs. 12 - 20 LPA

  • Dell
  • Intel
  • Microsoft
  • Samsung Research Institute
  • Tivo
  • Barclays
  • Oyo
  • Axis Bank
  • Flipkart

IIT Kharagpur

Rs. 1 Crore Per Annum

Rs. 13.3 LPA

  • Intel
  • Quantiphi
  • PWC
  • Tata Steel
  • Goldman Sachs
  • SAP Labs
  • Qualcomm

IIT Kanpur

Rs. 1.42 Crore Per Annum

Rs. 15.8 LPA

To be Updated

IIT Delhi

Rs. 1.4 Crore Per Annum

To be Updated

  • Microsoft
  • EXL
  • Bangalore
  • Samsung Research
  • Goldman Sachs
  • Intel

IIT Indore

6 milliion Yen (International)

36.5 lakh (Domestic)

Rs. 16.6 LPA

  • Bharat Seats
  • Intel
  • L & T
  • DE Shaw
  • MAQ Software
  • Cognizant
  • Amazon
  • L & T Infotech

IIT Goa

To be Updated

To be Updated

To be Updated

IIT Guwahati

Rs. 44 lakh (Domestic)

Rs. 1.5 crore (International)

Rs. 15.57 LPA

  • Cognizant
  • Tata Motors
  • L & T
  • Reliance
  • Ameican Express
  • Adobe
  • Amazon
  • Samsung
  • Microsoft

IIT Roorkee

Rs. 1.5 crore (International)

RS. 47 lakh (Domestic)

Rs. 20 LPA

  • Microsoft
  • Uber
  • ONGC
  • ITC
  • ISRO
  • Schlumberger
  • Goldman Sachs
  • Tower Research

IIT Hyderabad

Rs. 40 LPA

Rs. 11.5 LPA

  • Qualcomm
  • Goldman Sachs
  • Oracle
  • DE Shaw
  • Yahoo Japan
  • Maruti Suzuki
  • Schlumberger
  • Vedanta
  • L & T
  • Renault Nissan
  • TCS

IIT Patna

Rs. 49.80 LPA

Rs. 11.47 LPA

  • Samsung
  • Capgemini
  • L & T ECC
  • DESIS
  • Microsoft
  • Mahindra & Mahindra
  • ISRO
  • Infosys
  • Adobe
  • Amazon India

IIT Jammu

To be Updated

To be Updated

To be Updated

IIT Ropar

To be Updated

Rs. 11.7 LPA

  • Tata Motors
  • Amazon
  • Reliance Jio
  • Goldman Sachs
  • Samsung
  • ISRO
  • Saavan
  • Mahindra & Mahindra

IIT (BHU) Varanasi

Rs. 1.38 Crore Per Annum

Rs. 8.19 LPA

  • Intel
  • Mindtickle
  • Tower Research
  • Uber
  • Oracle
  • Microsoft
  • Goldman Sachs

IIT Gandhinagar

-

Rs. 16.3 LPA

  • Bharat Petroleum
  • Cognizant
  • Ericsson
  • ITC Ltd
  • Tata Motors
  • TCS
  • Virtusa

IIT Jodhpur

Rs. 32.5 LPA

Rs. 11 LPA

  • Tata Motors
  • TVS
  • Volvo Eicher
  • Mahindra
  • Morgan Stanley
  • Amazon
  • DE Shaw
  • Goldman Sachs
  • Microsoft

IIT Tirupati

-

-

-

IIT Dhanbad

Rs. 41.89 LPA

Rs. 11 LPA

  • Accenture
  • Tata Motors
  • PWC
  • DE Shaw
  • Berger Paints
  • Avanti Learning
  • Vedanta
  • Capgemini
  • BPCL
  • Byju's Learning
  • Crisil
  • Coal India

IIT Bhubaneswar

Rs. 39 LPA

Rs. 11.15 LPA

  • Adobe
  • TCS R & D
  • Infosys
  • Oracle
  • Samsung R & D
  • Renault Nissan
  • Goldman Sachs
  • ISRO

IIT Dharwad

-

-

-

IIT Palakkad

-

-

-

IIT Bhilai

-

-

-

IIT Mandi

To be Updated

Rs. 27 LPA

  • Goldman Sachs
  • Oyorooms
  • Wipro
  • Siemens
  • DE Shaw
  • Leptonmaps
  • Kisanhub
  • Placnetworks
  • Paly Simple

Also Read Scholarships for Engineering Students In India - Check Out List for ST, SC, OBC, General

For the latest and updated placement data of IITs, stay tuned to CollegeDekho.

FAQs

Which IIT has the best placement in 2022?

The overall placement rate of the Indian Institute of Technology (IIT) Bombay is considered the highest with INR 4 Crores per annum. 
 

Which engineering branch has the highest IIT package?

Computer Science Engineering (CSE) is considered to give the highest IIT package. 
 

Do IIT students get a salary while studying?

No, IIT students do not get salary while studying but they are provided with incentives for internships that they do while studying.
 

Which IIT gives the highest placement?

As per the reports, the IIT highest package 2022 is given by the Indian Institute of Technology (IIT) Bombay.
 

Who are the top recruiters at IIT in 2022?

As per media reports, the top recruiters of IIT for the year 2022 are Capital One, Oracle, Nutanix, Boston Consulting Group, Bain & Company, McKinsey & Company, JP Morgan Chase, Bajaj, etc. 
 

Are there any placement exams conducted by IITs?

Yes, the Indian Institute of Technology (IIT) Bombay conducts a placement entrance exam for the candidates willing to appear for the IIT placements known as Placement Common Aptitude Test (PCAT).
 

Are all the candidates offered jobs through IIT placements?

Yes, IITs provide 100% placements through their campus drives. The candidates who are willing to opt for higher education can skip the IIT placement drives.
 

How are IIT placements 2022 done?

The IIT Placement cell in consultation with the company assigns a particular date to the company for the campus interviews. These companies can go through the resumes of interested candidates to shortlist them depending upon the availability of the opportunities employing their online accounts such as LinkedIn.
 

What is the average IIT package in 2022?

As per the reports, the domestic and international average IIT package offered during IIT Bombay placements 2022 stood at INR 22.7 LPA and INR 60.9 LPA, respectively.

What is the average IIT salary per month?

The minimum average IIT salary per month of a candidate is approximately INR 1,60,000.
 

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