IIT Placement 2024 is organized in two phases in December and May for all IITs. The first phase of placements starts in December. Then, the second phase is conducted from February To May. Students aspiring to get into top IITs for the B.Tech course program eagerly want to know about the placement structure and packages offered. Due to the economic slowdown, there is a fall in offers made to students in IITs and packages offered. The IIT Engineer Salary offered is around Rs. 23.50 LPA (average package) to an IIT Bombay graduate. The companies provided offers to candidates in IITs from sectors consulting, finance, and technology sectors. However, The lowest package of IIT recorded is Rs. 4 LPA. Students received the average packages from the top-performing engineering branches- Electrical Engineering and Computer Science Engineering. The top recruiter companies are Apple, Microsoft, Google, Amazon, Flipkart, ISRO, Intel, Boston Consulting Group, and Intel.
IIT Placement Process 2024
IIT Placement is conducted twice in December and May.
Step 1: The Training & Placement Cell (All IITs have a separate T&P cell) is in all IITs. Student representatives assist the training and placement cell. They send invitations to companies along with relevant information regarding the placement brochure and job announcement forms.
Step 2: A company can recruit students by contacting the T&P Cell of respective IITs. They send an email to the T&P cell of the IITs of their interest to conduct the recruitment drive.
Step 3: T&P Cell will reply to the companies through email regarding placement drives and interview dates. The dates for campus interviews in IITs are provided on the information provided in the JAF.
Step 4: The suitable date for the Pre-Placement Talk (PPT) is decided after conducting discussions between the companies and the T&P Cell. Students are notified of the PPT dates after getting confirmation from companies coming for placement drives.
Step 5: The companies visit IITs to conduct the placement drives and give offers to candidates selected in the process.
Step 6: The companies may offer pre-final year students summer internships during the placement drive.
Step 7: Interested students can register for a particular company online. They can upload resumes/CVs available to the companies for shortlisting.
Step 8: Companies send the list of shortlisted students to the T&P Cell by email before the campus visit for final interviews.
Step 9: The companies visit the IIT campus for the placement drives to give offers to the students. The students who want to participate in the placement rounds have to face a rigorous selection process of group discussion followed by personal interviews.
Step 10: The companies prepare and furnish the final list of selected candidates after completing the recruitment rounds. It takes a few days to provide a list of selected candidates who received the job offer.
IIT Placements 2024: Average CTC & Highest CTC
Candidates can know the engineering graduates’ IIT Placements 2024 report with the Highest CTC and Average CTC offered by the recruiter companies in the placement drives conducted in the colleges.
| IIT | Highest Package | Average Package |
|---|---|---|
| Indian Institute of Technology Delhi | Rs. 2.05 Crore | Rs. 17.60 Lakh |
| Indian Institute of Technology Bombay | Rs. 3.67 Crore | Rs. 23.50 Lakh |
| Indian Institute of Technology Kanpur | Rs. 1.9 Crore | Rs. 26.27 Lakh |
| Indian Insitute of Technology Madras | Rs. 1.31 Crore | Rs. 17 Lakh |
| Indian Institute of Technology Roorkee | Rs. 1.3 Crore | Rs. 18.30 Lakh |
| Indian Institute of Technology Gandhinagar | Rs. 60 Lakh | Rs. 19.60 Lakh |
| Indian Institute of Technology Guwahati | Rs. 2.05 Crore | Rs. 25.75 Lakh |
| Indian Institute of Technology Kharagpur | Rs. 2.68 Crore | Rs. 24 Lakh |
| Indian Institute of Technology Patna | Rs. 82.05 Lakh | Rs. 17 Lakh |
| Indian Institute of Technology Jammu | Rs. 53 Lakh | Rs. 17.60 Lakh |
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IIT Placements 2024: Highest International CTC Offered
Candidates can take a look at the IIT Placements 2024 to know the highest international CTC offered by the companies to the engineering graduates. The details regarding the CTCs with the institution’s name is provided in the table below.
| IIT | Highest International Package Offered |
|---|---|
| Indian Institute of Technology Bombay (IIT Bombay) | Rs. 1.68 Crores |
| Indian Institute of Technology Kharagpur (IIT Kharagpur) | Rs. 1 Crores |
| Indian Institute of Technology Kanpur, (IIT Kanpur) | Rs. 1.5 Crores |
| Indian Institute of Technology Roorkee, (IIT Roorkee) | Rs. 1.54 Crores |
| Indian Institute of Technology Madras, (IIT Madras) | Rs. 1.33 Crores |
| Indian Institute of Technology Delhi (IIT Delhi) | Rs. 1.5 Crore |
IIT Bombay Placement 2024
Candidates get compelling insights from the IIT Bombay Placement Report. The average salary package stood around Rs. 23 lakh increase of 7.7% from last year’s records. However, there is a huge decline in the lowest salary package being Rs. 4 lakh per annum. It happened due to the economic slowdown that occurred globally. The highest recruitment rates were recorded from the finance, engineering, and technology sectors. Candidates received international offers from countries USA, Japan, and the UK. The top recruitments in IIT Bombay Placements are Amazon, Microsoft, Google, and McKinsey. The placement drive attracted 364 companies offering 1474 job offers.
IIT Delhi Placement 2024
IIT Delhi Placement recorded 1050 job offers. It included 50 international offers from the USA, Japan, Singapore, and the UK. Top recruiter companies in IIT Placement are Texas Instruments, Bajaj Auto, Ola Electronic, Microsoft, and Goldman Sachs. The average package recorded Rs. 36.9 lakh per annum and the highest package is Rs. 1 crore per annum. Students received 100% internships from the recruitment companies in IIT Delhi Placement. The internship is offered with a stipend of Rs. 4.04 lakh.
IIT Madras Placement 2024
We have fetched the details of IIT Madras Placement. The engineering graduates from IIT Madras offered placement offers in various domains of multiple industries. Around 1056 students received an average package of Rs. 22 lakh so far and the median package is Rs. 19 lakh in IIT Placement. 256 recruiters visited the IIT Madras campus to participate in the recruitment drive. The popular job roles that received the highest salary are data scientist, software development engineer, and core engineer. The highest package offered is Rs. 1.33 crore.
IIT Kanpur Placement 2024
In the initial phase of IIT Placement, there were 891 placement offers made by the companies that visited the IIT Kanpur campus for the recruitment drive. Around 21 international offers were made to the engineering graduate candidates. The top recruiter companies offering substantial packages are Rubrik, Flipkart, Oracle, and NVIDIA. The average salary package offered is Rs. 45 lakh and the highest offered is Rs. 1.9 crore. Around 800 candidates received secured job offers in the placement drive conducted on the IIT Kanpur campus.
IIT Madras and IIT Kharagpur have the highest placement offered for the engineering graduates. IIT Kharagpur Engineering Graduate gained a salary package of Rs. 2.68 crore.
The salary package of an IIT fresher is usually around Rs. 20 lakh to Rs. 30 lakh per annum. Students who graduate from top IITs get a salary package of Rs. 1 crore per annum.
Indian Institute of Technology Delhi (IIT Delhi) provides 100% placement to its engineering graduates. This institution is known for its strong alumni network and cutting-edge research facilities provided to the students. Various engineering courses are offered at IIT Delhi providing 100% job placement in the recruitment drives.
IIT Bombay’s highest package in 2024 offered to an engineering graduate student is Rs. 3.6 crore annually. It means that the monthly salary goes around Rs. 30 lakh excluding the deductions made. In 2024, many well-known companies participated in the IIT Bombay Placement Drive conducted on the campus.
The lowest package of IIT Bombay recorded Rs. 4 lpa in 2024. There is a huge decline recorded in the low salary package provided to any engineering graduate in IIT Bombay during the placement drive.
