Indian Institute of Technology Madras (IITM) has successfully completed its Phase I of placement (Dec 2023) with a median salary of over Rs. 19 lakh. More than 50 per cent of the students have been placed so far.
The first day of placements marked a milestone for IITM, witnessing a record number of offers. By the end of the first phase of placements, there was a substantial increase in hiring from the Core sector, along with a significant rise in international offers for postgraduate students compared to last year.
The placement process was carried out with equity and inclusivity, with more than 55 per cent of the placed students hailing from socially and economically challenging backgrounds, a release stated.
As the Institute prepares for Phase II of the placement process, it further extends a warm invitation to organisations who are looking for talented human resources to visit the campus and engage with the Placement and Internship office at the Career Pathway Centre of IIT Madras.