IIT Placements 2023-24: Highest Package Offered, Top Recruiters

Sakunth Kumar

Updated On: July 18, 2024 05:37 pm IST | JEE Advanced

The highest package of IIT stood at INR 2.68 CPA in the 2023-24 academic year while the average package ranges from INR 20-50 LPA.

IIT Placements 2023-24

IIT Placements 2023-24: IIT Placements 2023-24 commenced for the top IITs on December 1, 2023, with crore-plus offers from trading and investment firms. IIT Kharagpur has bagged over 700 offers with 6 offers of more than INR 1 crore per annum. At IIT Delhi, 1,050 students have been placed in top firms, while 989 offers have been made at IIT Kanpur. With 1,340 job offers made to IIT Bombay graduates, 22 students secured lucrative salary packages of above INR 1 crore per annum. IIT placements across India are usually conducted between December and May. While the highest package of IIT in 2023-24, as recorded by IIT Kharagpur, stood at INR 2.68 CPA, the IIT average package ranges from INR 20-50 LPA. Some top recruiters at IITs include Capital One, Oracle, Nutanix, Boston Consulting Group, Bain & Company, McKinsey & Company, JP Morgan Chase, Bajaj, etc.

Top IIT Placements

After graduation, engineering students are offered various roles in different domains and sectors. In this article, one can find all the information related to IIT placements 2024 across all the campuses including IIT Madras, IIT Bombay, IIT Kharagpur, IIT Delhi, IIT Kanpur, and IIT Guwahati.

IIT Madras Placements

IIT Madras has completed Phase 1 of its 2023-24 placement drive. According to reports, around 50% of the students have already been hired by top MNCs and recruiters such as Amazon, EY, JP Morgan, TCS, Bajaj Auto Limited, and Adobe. Additionally, over 55% of the recruited candidates are from economically backward classes. IIT Madras has also seen a nearly 19% increase in internship opportunities. The median IIT jobs list with salary offered was over INR 19 Lakhs, with the highest package received by B. Tech and M. Tech students being INR 1.31 CPA and INR 54.21 LPA, respectively. The highest package of IIT Madras offered to a PhD student during Phase 1 Placement 2023-24 was INR 35.89 LPA.

According to media sources, 1,091 students have been placed in phases I and II of the 2023-24 placements. More than 80% of BTech/Dual Degree students and 75% of Master's degree students have been placed by April 30, 2024. In addition, 235 of the 300 PPOs given were accepted. There were a total of 256 participating firms. Furthermore, 44 overseas offers were extended.

IIT Kharagpur Placements

Phase I of the IIT Kharagpur 2023-24 placement process began on December 1, and all the students participated in person. After the first day of recruitment, over 61 companies offered 771 placements to students for various roles, including core engineering, banking and finance, software, consulting, and more. Top recruiters such as Microsoft, Google, Databricks, and Apple emerged. There were over 121 job profiles available, including 19 international offers. On the first day of the placement drive, 6 students were offered an annual package of over INR 1 Crore.

IIT Delhi Placements

The class of 2024 at IIT Delhi received 1,050 job offers in the first phase of placements. Out of these, 20 international firms from Japan, South Korea, Taiwan, the USA, and the Netherlands made 50 job offers. A total of 370 international and domestic companies participated in the IIT Delhi placements for 2023-24. Phase I of the placements presented over 660 job profiles across various sectors. Students from IIT Delhi received direct international job offers from countries such as Singapore, Hong Kong, the Netherlands, South Korea, Japan, the United States, and the UK. Although the higher-value packages offered during the placements have not been disclosed, the expected IIT average package after placement will range between INR 60 Lakh and INR 70 Lakh, with the highest package tentatively around INR 1.5 Crores.

IIT Bombay Placements

IIT Bombay witnessed 4 students securing offers of more than one crore from Samsung, Korea. Over 20 students were placed in various job roles at Qualcomm, with an average IIT jobs list with salary package ranging from INR 60 lakh to INR 80 lakh. This year, 193 students were placed, a significant increase from the 183 placements last year.  According to media sources, 22 students received job offers for more than INR 1 crore per annum during the first round of IIT Bombay placements 2023-24. The majority of the highest packages have been earned in the Research Development sector, with the IIT average package currently standing at INR 36.90 LPA, over 14% more than last year. Furthermore, 63 students accepted overseas offers during the first phase. The 1,188 students that were placed received a total of 1,340 job offers. This comprises seven PSUs and 297 PPOs. Apple, Airbus, Google, Intel, and many more firms participated in IIT Bombay placements in 2024.

IIT Kanpur Placements

The first round of IIT Kanpur's 2023-24 placement drive concluded successfully, with a total of 989 offers, including 22 international ones. Out of these, 913 students have secured employment, including those with Pre-Placement Offers (PPOs), showcasing the institute's commitment to providing excellent career opportunities despite fluctuating market conditions. Key recruiters for the placement drive included Texas Instruments, Qualcomm, Microsoft, Goldman Sachs, Deutsche Bank, and Navi. The average salary for IIT Kanpur graduates is an impressive Rs 26.27 LPA (lakh per annum), underscoring the high caliber of the graduating talent. In comparison to 2022, the top domestic package for 2023 saw a growth of over 58%. Additionally, 33 students were placed for INR 1 Crore across national and international organizations, while the highest domestic package was valued at INR 1.9 Crore.

IIT Guwahati Placements

The placement report released by IIT Guwahati revealed that the highest international package offered was INR 2.4 CPA, while the highest domestic package stood at INR 1.2 CPA. A total of 246 major companies from IT/Software, Finance, and Non-Tech Profile sectors secured the most placements, followed by the Core Engineering, Design, and Education sectors. The percentage of companies with an overall placement rate of 78.04% showed an increase of approximately 37%. MDes program had the highest placement rate among all programs, standing at 89.66%. Notable recruiters included HPCL, Navi, Qualcomm, Texas Instruments, Schlumberger, Piramal, TVS R&D, and GAIL.

IIT Roorkee Placements

During the phase-1 placements at IIT Roorkee in 2024, a total of 802 offers were made, out of which 23 were international offers. Notably, Databricks offered a student a remarkable salary package worth INR 2.05 crore per annum during the first round of placements in the 2023–2024 academic year. Additionally, the MBA package offered in 2023 saw an increase of more than 8% compared to the previous year. A total of 172 companies participated in the round 1 placements at IIT Roorkee, showcasing the diverse opportunities available to the students.

Also Check : List of Top NIT Colleges in India 2024

Highest Package of IIT Placements 2023 (2024 Graduating Batch)

Based on the initial phase of the IIT Placements 2023-24, the major highlights, along with the salary packages and top recruiters, have been shared below. Check out the highest package of IITs and the IIT average package below:-

Name of the IIT

Highest Annual Package

IIT Average Annual Package

Top Recruiters

More Details
IIT Kharagpur INR 2.68 CPA INR 22.13 LPA
  • Apple

  • Capital One

  • Airbus

  • EXL Services

  • Microsoft

  • Google

  • Square Point

  • Rubrik

IIT Kharagpur Placements
IIT Bombay INR 1.68-3.67 CPA INR 60-80 LPA
  • Samsung

  • Qualcomm

  • American Express

  • Honda Japan

  • McKinsey & Company

  • Boston Consulting Group

IIT Bombay Placements
IIT Delhi INR 1.5 CPA (Tentative) INR 60-70 LPA (Tentative)
  • Microsoft

  • Texas Instruments

  • Goldman Sachs

IIT Delhi Placements
IIT Kanpur INR 1.9 CPA INR 45 LPA
  • Texas Instruments

  • Qualcomm

  • Microsoft

  • Goldman Sachs

  • Deutsche Bank

  • Navi

IIT Kanpur Placements
IIT Guwahati INR 1.20-2.40 CPA INR 25.75 LPA
  • Microsoft

  • Google

  • HPCL

  • Bajaj

  • Navi

  • Qualcomm

  • Texas Instruments

  • Piramal

IIT Guwahati Placements
IIT Roorkee INR 2.05 CPA INR 18.24-22.85 LPA
  • Databricks

  • Microsoft

  • JP Morgan

  • Google

IIT Roorkee Placements
IIT Madras INR 1.31 CPA INR 19 LPA
  • Amazon

  • EY India

  • Bajaj Auto Limited

  • Reliance

  • Texas Instruments

  • TCS

  • JP Morgan Chase and Co

  • Procter and Gamble

  • Adobe

  • Dr. Reddy’s Laboratories

IIT Madras Placements
IIT Tirupati INR 46 LPA -
  • Microsoft

  • TCS

  • Amazon

  • HCL

  • Synopsys

  • Cognizant

  • Paytm

  • ICICI Bank

  • IBM

  • Goldman Sachs

IIT Tirupati Placements
IIT Ropar INR 55 LPA INR 22.49 LPA
  • Goldman Sachs

  • Infosys

  • Amazon

IIT Ropar Placements
IIT Goa INR 60 LPA INR 17.19 LPA
  • Accenture Japan

  • Willings

  • Linkstaff

IIT Goa Placements
IIT Dharwad INR 40 LPA INR 18.53 LPA
  • Cred

  • Paytm

  • Air Asia

  • LG

  • Jio

  • IBM

  • MakeMyTrip

IIT Dharwad Placements
IIT Indore INR 68 LPA INR 25.45 LPA
  • Microsoft

  • Zomato

  • Amazon

  • Capgemini

  • Qualcomm

IIT Indore Placements
IIT Varanasi (BHU) INR 1.68 CPA INR 31 LPA
  • Airbnb India

  • Uber

  • Microsoft

  • Accenture

  • Piramal

IIT Varanasi Placements
IIT Gandhinagar - INR 19.34 LPA
  • Accenture

  • Amazon

  • Amul

  • Cognizant

  • Byju’s

  • Deloitte

  • Adobe

IIT Gandhinagar Placements
IIT Bhubaneshwar INR 55.75 LPA INR 17.68 LPA
  • Google

  • Microsoft

  • Amazon

  • Goldman Sachs

  • Flipkart

IIT Bhubaneshwar Placements
IIT Jodhpur INR 53 LPA INR 21.30 LPA
  • TATA 1mg

  • Samsung

  • Oracle

  • Flipkart

  • Publicis Sapient

  • Mercedes Benz

  • Adobe

IIT Jodhpur Placements
IIT Hyderabad INR 63.78 LPA INR 20.07 LPA
  • Google

  • Microsoft

  • Amazon

  • Goldman Sachs

  • Flipkart

  • Adobe

IIT Hyderabad Placements
IIT Jammu INR 53 LPA INR 17.6 LPA
  • Accenture

  • Amazon

  • HCL

  • Tech Mahindra

  • HDFC Bank

IIT Jammu Placements
IIT Mandi INR 60 LPA INR 25.23 LPA
  • Flipkart

  • TATA 1mg

  • Microsoft

  • Uber

  • Amazon

  • Walmart

IIT Mandi Placements
IIT Patna INR 82.05 LPA INR 23.90 LPA
  • Accenture Japan

  • Rakuten Japan

  • Denso Corporation

  • Amazon

  • Google

  • Adobe

IIT Patna Placements
IIT Palakkad INR 46.16 LPA INR 13.93 LPA
  • Accenture

  • Arista Networks

  • HCL

  • ICICI Bank

IIT Palakkad Placements
IIT Bhilai INR 48.64 LPA INR 19.93 LPA
  • Amazon

  • Cognizant

  • Jio

  • OYO

  • MAQ Software

  • LTI

  • Bosch

  • Deloitte

IIT Bhilai Placements
IIT Dhanbad INR 83 LPA INR 17.01 LPA
  • Axis Bank

  • Oracle

  • American Express

  • Samsung

  • HCL

  • Flipkart

  • IBM

IIT Dhanbad Placements

Also Read : NIT vs IIIT - Which is the Best Option after JEE Main 2024?

IIT Jobs List With Salary

Candidates who are planning to take admission in IITs must be aware of the the IIT jobs list with salary. This information will help them know what are job options available to them and what salary they are likely to get within campus placements. IIT graduates get prestigious job positions with good annual packages. Candidates can check out the IIT jobs list with the salary below.

IIT Name

IIT jobs list

IIT Average Annual Package

IIT Kharagpur

  • Management Trainee - Mechanical Engineering
  • Data Scientist
  • Business Consultant
  • Software Engineer
  • Data Engineer

INR 10 LPA

IIT Bombay

  • Graduate Engineering Trainee
  • Software Engineer
  • Graduate Analyst
  • Design Engineer
  • Mechanical Engineer

INR 15 LPA

IIT Delhi

  • Business Analyst
  • Account Management
  • Business Development Associate
  • Recruitment Associate
  • Computer Science Engineer
  • Mechanical Engineer

INR 15.50 LPA

IIT Kanpur

  • Data Scientist
  • Management Trainee
  • Strategy Consultant
  • Programme Manager
  • Risk Analyst

INR 26 LPA

IIT Guwahati

  • Software Development Engineer
  • Member Technical Staff
  • Data Scientist
  • Business Analyst
  • Marketing Manager

INR 16.51 LPA

IIT Roorkee

  • Software Developer
  • Consultant
  • Business Analyst
  • Chemical Engineer
  • Data Analyst
  • Software Engineer

INR 17 LPA

IIT Madras

  • Software Engineer
  • Digital Consultant
  • Analyst
  • Associate Product Manager
  • Business Analyst
  • Data Scientist

INR 18 LPA

IIT Goa

  • Mechanical Engineer
  • Civil Engineer
  • Computer Science Engineer
  • Software Developer

INR 17.19 LPA

IIT Dhanbad

  • Business Consultant
  • Data Scientist
  • Software Engineer
  • Software Developer
  • Data Analyst
  • Product Engineer
  • Strategy Manager

INR 17.01 LPA

IIT Gandhinagar

  • Software Engineer
  • Electrical Engineer
  • Mechanical Engineer
  • Software Developer

INR 18.20 LPA

Highest Package of IIT Placements 2022 (2023 Graduating Batch)

The details about the placement highlights and the highest package of IIT have been updated here:

Name of the IIT









Highest Package Offered

Average Salary Offered

Top Recruiters

IIT Bhubaneswar

44.10 LPA

M.Tech: 10.34 LPA

B.Tech: 18.95 LPA

  • Google

  • Amazon

  • Byjus

  • Gojek

  • Unacademy

  • Mathworks

  • Goldman Sachs

  • GE India

  • Flipkart

  • Adobe

  • Toppr Vedanta

IIT Bhilai

27.43 LPA

14 LPA

  • Deloitte Consulting

  • Cognizant

  • Fiitjee Limited

  • ICICI Bank

  • Wiley

  • Virtusa

  • Air Asia

  • Paytm

IIT Bombay

3.67 CPA

23.26

  • Honeywell

  • Gulfstream

  • Sony

  • Samsung

  • Uber

  • Microsoft

  • Google

  • Mahindra

  • Tata Steel

  • Reliance Industries Limited

  • Loreal Paris

IIT Dhanbad

56 LPA

17.86 LPA

  • Amazon

  • Google

  • Microsoft

  • Intel

  • Deloitte

IIT Dharwad

35 LPA

-

  • Intel

  • Amazon

  • Capegemini

  • Oracle

  • Traveloka

  • IndiaMart

  • Infosys

  • IBM

  • Virtusa

  • Wipro

IIT Goa

1.12 CPA

M.Tech: 12.4 LPA

B.Tech: 23.4 LPA

  • Microsoft

  • Google

  • Amazon

  • Intel

  • Goldman Sachs

IIT Hyderabad

51.03 LPA

27.11 LPA

  • JP Morgan

  • Flipkart

  • Microsoft

IIT Guwahati

1.1 CPA

41 LPA

  • Microsoft

  • Texas Instrument

  • Google

IIT Kanpur

1.9 CPA

-

  • SAP Labs

  • Texas Instruments

  • Google

IIT Kharagpur

2.68 LPA

-

  • Apple

  • Airbus

  • Google

Highest Package of IIT Placements 2021 (2022 Graduating Batch)

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

Name of IIT

Highest Package Offered

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

Highest Package of 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. Candidates can check the highest package of IIT for 2020 below.

Name of IIT

Highest Package Offered

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

-

-

IIT Bombay

-

Rs. 20.8 LPA

-

IIT Delhi

- -

-

IIT Dhanbad

Rs. 90 LPA

Rs. 10 LPA

-

IIT Dharwad

Rs. 25 LPA

Rs. 11 LPA

  • Capgemini

  • TCS

  • Infosys

IIT Gandhinagar

- -

-

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

- -

-

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

-

-

-

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

-

Highest Package of IIT Placements 2019 (2020 Graduating Batch)

The Indian Institutes of Technology conducted its final placements at IITs for 2019 from December 2019 to November 2020 for the batch graduating in 2020. The students enrolled in the different programs 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 offered by the various companies, visiting the campuses of the Institutes. Here are the highest and IIT average packages that have been offered to the students via IIT placement along with the top recruiters' list -

Name of IIT

Highest Package Offered

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

-

Highest Package of IIT Placements 2018 (2019 Graduating Batch)

Final placements at IITs commence in December of every year. Candidates apply for different companies, and choose the best option among the job offers available. The students’ choice depends on the nature of the work, the 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 IIT placement record of 2019.

Name of the IIT

Highest Package Offered

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

-

IIT Delhi

Rs. 1.4 Crore Per Annum

-

  • 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

- -

-

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

- -

-

IIT Ropar

-

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

-

Rs. 27 LPA

  • Goldman Sachs

  • Oyorooms

  • Wipro

  • Siemens

  • DE Shaw

  • Leptonmaps

  • Kisanhub

  • Placnetworks

  • Paly Simple

Also Read : Scholarships for Engineering Students In India

IIT Placements: Process

All IITs adhere to the detailed IIT placement process listed below for each student.

  • With the help of student representatives, the Training & Placement Cell (a distinct unit at each IIT) extends invitations to companies accompanied by pertinent documents and information, such as the Job Announcement Form (JAF) and Placement Brochure.

  • A company can also express interest in hiring students by contacting the relevant IITs' T&P Cell. They must email the T&P department at the IITs that interest them.

  • T&P Cell will respond to the companies via email following receipt of a completed JAF and pertinent data from them. Based on the data in the JAF, dates are assigned for campus interviews.

  • The T&P Cell and the organizations consult to determine an appropriate date for the Pre-Placement Talk (PPT). Upon notification from the companies, students are informed of the PPT date.

  • Next, the companies visit IIT campuses to conduct the PPT.

  • During the placement drive, companies may offer summer internships to pre-final year students who are interested.

  • Interested students can register online with a specific company to submit their resumes or CVs for consideration for a shortlist.

  • Before the campus visit for the final interviews, companies email the T&P Cell with the list of students who are shortlisted.

  • On the designated dates, the companies come to the campus to make placements and hold group discussions, aptitude tests, technical tests, and personal interviews.

  • Following the conclusion of the selection process, the companies provide the final list of selected students either on the same day or within a few days.

For the latest and updated IIT placements, stay tuned with us!

Quick Links:

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FAQs

What is the placement of Iitk 2024? b

The Class of 2024 at the Indian Institute of Technology (IIT) Kanpur received 989 job offers, including 22 overseas offers, during the first round of the placement season. The cohort received an average annual salary package of Rs 26.27 lakh.

 

Who got the 3.67 crore package?

A graduate of the Indian Institute of Technology (IIT)-Bombay's 2022-23 class received the highest global job offer with a salary of Rs 3.67 crore per year during the annual placements, according to the institute.

 

Which IIT got the highest package in 2023?

IIT Bombay was the IIT to receive the highest package in 2023. 

 

Which are the top recruiters of IIT Madras?

Amazon, EY India, Bajaj Auto Limited, Reliance, Texas Instruments, TCS, JP Morgan Chase and Co, Procter and Gamble, Adobe, and Dr. Reddy’s Laboratories are some of the top recruiters of IIT Madras.
 

What is the highest package in IIT Kanpur 2024?

The highest package in the IIT Kanpur mechanical engineering branch is INR 65 LPA.
 

What is the highest package in IIT Bombay 2024?

The highest package of IIT Bombay is INR 72 LPA.
 

Is IIT good for placements?

Yes, IITs are well known for their placement strategies and records through the years.
 

Does IIT get 100% placement?

The placement rate of IIT is approximately 80-85%.
 

What is the highest placement offered by IITs?

The highest placement offered by IITs is INR 1.68-3.67 CPA.

How many students get 1 crore package in IIT?

During the 2023-24 placement season at IIT Bombay, 85 students secured job offers with annual salaries exceeding 1 crore rupees. However, the number in whole depends on the IIT and varies for each IIT.

Has IIT Placements 2023-24 started?

Yes, IIT placement drive 2023-24 for the graduating batch of 2024 has started from December 1, 2023, onwards. The placement drives are expected to be conducted till May 2024. 

How much can I earn a year through IIT placement?

The top IITs usually offer an annual salary package above INR 1 crore, while for other IITs, the offer varies between INR 50-80 lakhs per annum.

Who are the top recruiters of IIT Kharagpur?

Apple, Capital One, Airbus, EXL Services, Microsoft, Google, Square Point, and Rubrik are some of the top recruiters of IIT Kharagpur placement drive 2023-24.

Which IIT has the best placement?

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

Which engineering branch has the highest IIT package?

Going by the current trends, Computer Science Engineering (CSE) is considered to have the highest IIT package. 
 

Which IIT gives the highest placement?

As per the reports of 2023-24 placement drive, the IIT highest international package was offered by the Indian Institute of Technology (IIT) Bombay.
 

Who are the top recruiters at IIT?

As per media reports, the top recruiters of IIT for the year 2023-24 are Databricks, Google, Microsoft, Qualcomm, Capital One, Oracle, Boston Consulting Group, McKinsey & Company, JP Morgan Chase, Bajaj, etc. 
 

Are all the candidates offered jobs through IIT placements?

Yes, IITs provide 100% placements through their campus drives. However, candidates willing to opt for higher education can skip the placements offered.
 

How are IIT placements 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 salary package?

As per the reports, the average IIT package offered during IIT Bombay placements 2023-24 ranges between INR 60 LPA and INR 80 LPA. 

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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