₹3 Crore+ Packages! How IITs are

Setting New Salary Benchmarks

Introduction:

In 2024, IIT graduates continue to attract impressive salary packages, with the highest offers reaching unprecedented levels. From tech giants to multinational corporations, top recruiters are offering competitive compensation to secure talent from the prestigious IITs. The placement season has seen not only record-breaking salaries but also a diverse range of opportunities across sectors such as technology, finance, consulting, and research. While the highest packages underscore the elite opportunities available, the average and lower salary ranges also reflect the growing demand for IITians across various industries, showcasing the broad spectrum of career paths available to these graduates.

Highest salary package ,lowest salary package and companies for placement in IIT (2024)

NO IIT0 NAME HIGHEST-LOWEST PACKAGE COMPANIES FOR PLACEMENT
01
IIT MADRAS
INR 1.32CPA-5.40LPA
American Express, Cogoport, Line craft AI, SAP Labs
02
IIT DELHI
INR 2.40CPA-10 LPA
Microsoft, Bain and storm, Rakuten mobile, EXL Analytics, HCL Technologies, , Accenture,
03
IIT BOMBAY
ABOVE 3 CRORE-4LPA
Google, Intel ,Samsung,Reliance, Morgan Stanley, Qualcomm, TATA group, Texas Instruments, Wells Fargo, Godrej
04
IIT KANPUR
INR 52.80LPA-To be released.(TBR)
Texas Instruments, Infosys, NVIDIA, Trident Group, ICICI Bank, TATA Steel
05
IIT KHARAGPUR
INR 1CPA-To be released(TBR)
Goldman sachs, Microsoft, Google ,IBM, Morgan Stanley, Amazone, Intel, Infosys, Oracle, Adobe
06
IIT ROORKEY
INR 2.05 CPA-TBR
Accenture Japan, Google, Microsoft, DELL, Morgan Stanley, Infosys, Deloitte, Cognizant
07
IIT GUWAHATI
INR 2.05 CPA-TBR
Google, Apple, Texas Instruments, Microsoft, Goldman sachs, Schlumberger, JP Morgan Chase, Uber
08
IIT HYDERABAD
INR 90LPA-TBR
Google, oracle, jio, paytm ,Accenture, Deloitte, Paypal, L&T,KPMG, Razorpay
09
IIT VARANASI
INR 1.68 CPA-5LPA
Amagi Media Labs, BNY Mellon, Goldman Sachs, Cisco, Amazon, Microsoft, Google, Flipcart, Oracle, Rakuten, Piramel Group, Nutanix.
10
IIT DHANBAD
INR 36LPA-4LPA
Axis Bank, Oracle, American Express, Samsung, HCL, Flipkart, IBM
11
IIT INDORE
TBR
Microsoft, Zomato, Amazon, Capgemini, Qualcomm
12
IIT GANDHINAGAR
INR 63LPA-TBR
Amazon, Goldman Sachs, and Google ,Capegemini, EY, Infosys
13
IIT ROOPAR
TBR
Google, Amazon, Goldensachs, Ericsson, Infosys,
14
IIT MANDI
INR 26.55 LPA-TBR
Infosys, Microsoft, Amazon, HCL, IBM, TCS, ICICI Bank
15
IIT PATNA
INR 17LPA-TBR
Google, Texas Instruments, Accenture Japan, Arista, Zomato, Atlassian
16
IIT BHUVANESWAR
INR 64 LPA-TBR
Oil India Limited, Honey Well, TATA Steel, TRAI,TCS, CDAC, GAIL, Adobe, Golden Sach.
17
IIT THIRUPATHI
INR 41.64-TBC
Accenture, Adobe, Deloitte, Texas Instrument, IBM, LTI, Paytm, ICICI Bank, Amazon
18
IIT BHILAI
INR 42.11LPA-TBR
Accenture, IBM, Pulicis Sapient, Amazon,L&T, Amazone, American Express, Deloitte, Infosys, Optum.
19
IIT JODHPUR
TBR
Microsoft, Google, Amazon, Intel, Goldman Sachs
20
IIT DHARWAD
INR 52-8 LPA
CRED,IBM,Air Asia,Texas Instruments,Tiger Analytics,ICICI,Capegemini,Paytm,HCL
21
IIT PALAKKAD
INR 47-6LPA
Accenture,Paytm,HCL,TATA ELXSI,ICICI,Havells,Jio,Texas Instruments,Havells,Hitachi
22
IIT JAMMU
INR 47-6LPA
Amazone,IBM,Infosys,American express,ICICI bank,L&T,Pulicis Sapient,Optum,Deloitte.
23
IIT GOA
INR 16.15 LPA-TBR
Microsoft, Google, Amazon, Intel, Goldman Sachs

The statistics mentioned above are gathered from public sources.

IIT MADRAS

 According to media reports, 1,091 students were placed in phase I and phase II of 2023-24 placements. More than 80% of BTech/ Dual Degree and 75% of Master degree students have been placed till April 30, 2024. The total count of participating companies stood at 256. Furthermore, 44 international offers were made. The IIT Madras average package and median package for the 2024 batch stood at INR 22 LPA and INR 19.60 LPA, respectively. The majority of students (40%) placed during IIT Madras placements 2024 received job roles in the Core sector, followed by 20% offers in the Software sector. Earlier, the 2023 placement drive concluded with 1,612 offers from more than 480 companies. The highest package offered to BTech and MTech students during IIT Madras placements 2023 stood at INR 1.31 crore per annum and INR 54.21 LPA, respectively. The top recruiters of placements 2023 were Amazon, Bajaj Auto Limited, EY India, Reliance, TCS, etc.

IIT DELHI

As per the latest media report, a total of 1,050 offers were made during Phase I IIT Delhi placements 2024. Further, a total of 1,000 students were uniquely selected during IIT Delhi placement 2024 (phase 1). Apart from this, more than 50 international offers  were received from around 20 international companies during Phase I IIT Delhi placement 2024. The top recruiters during Phase I IIT Delhi placement 2024 included Microsoft, Air India, Texas Instruments, Bajaj Auto, Goldman Sachs and Ola Electric. Moreover, Core (Technical) sector emerged as the top recruiting sector that placed 42% of the total students during Phase 1 IIT Delhi placements 2024.

Earlier, a total of 1,300 job offers were received out of which 1,150 were unique job offers at the end of Phase 1 IIT Delhi placements 2023.  The international offers were received from around 15 international companies over 20 job profiles across countries like the UK, United States, Singapore, Japan and Netherlands. Apart from this, 500 companies registered during IIT Delhi placements 2023. 50 students have also received domestic offers with package more than INR 1 crore per annum during IIT Delhi placements 2023. Apart from this, the highest international package offered during IIT DELHI phase 1 placements 2023 stood at INR 2.4 crore per annum.

IIT BOMBAY

According to the official report, the average and median package offered during IIT Bombay placements 2024 stood at INR 23.5 LPA and INR 17.92 LPA, respectively. Further, the overall placement rate recorded during IIT Bombay placements 2024 was 74.53%. A total of 1,979 participated for placements and 1,475 students accepted offers during IIT Bombay placement 2024. Apart from this, 22 students received offers above INR 1 crore per annum during IIT BOMBAY placements 2024. 

IIT DHARVAD

According to media reports, the highest and average package offered during IIT Dharwad placements 2024 stood at INR 52 LPA and INR 12.63 LPA, respectively. Further, according to IIT Dharwad NIRF report 2024, the median package offered during BTECH placements 2023 stood at INR 14.85 LPA. In addition, a total of 77 students were placed and 12 students opted for higher studies out of total 125 students during IIT DHARWAD BTech placements 2023.

IIT PALAKKAD

The highest and average package offered during IIT Palakkad BTech placements 2024 stood at INR 41.6 LPA and INR 15.88 LPA, respectively. Further, 6 international offers were made during IIT Palakkad BTech placements 2024.Further, as per NIRF report 2024, the median package offered during IIT Palakkad BTech and MTech placements 2023 stood at INR 14.1 LPA and INR 9.5 LPA, respectively. Moreover, the highest and average package offered during IIT Palakkad BTech placements 2023 stood at INR 47 LPA and INR 15.7 LPA, respectively. Further, the placement rate recorded during IIT Palakkad BTech placements 2023 was 95%. Further, the overall highest and average package offered during IIT Palakkad placements 2023 stood at INR 47 LPA and INR 13.95 LPA, respectively. In addition, the overall placement rate recorded during IIT Palakkad placements 2023 was 90.05%. Apart from this, a total of 206 offers were made and 158 companies visited the campus during IIT Palakkad placements 2023. Importantly, international companies such as Accenture Japan and Webstaff visited the campus and ICICI Bank made the 20 offers (maximum by any company) during IIT PALAKKAD placements 2023.

IIT JAMMU

The highest and average package offered during BTech CSE placements 2024 stood at INR 52 LPA and INR 19 LPA, respectively. Further, a total of 114 companies visited the campus and 132 offers were made during IIT Jammu placements 2024 for BTech course.

Earlier, IIT Jammu has concluded the placements for the Class of 2023 with an 85% placement rate. As per the latest report, over 129 recruiters participated in the placement process and offered 224 job offers to the batch of 2023. The highest and average package offered during IIT Jammu placements in 2023 was INR 53 LPA and INR 17 LPA, respectively. The top recruiters of IIT JAMMU placements in 2023 included Infosys, L&T, Amazon, HCL, IBM, TCSICICI Bank, etc.

IIT GOA

IIT Goa placements 2024 concluded recently with an overall 90.6% placement rate. As per the latest report, the overall IIT Goa average package offered in 2024 stood at INR 15.41 LPA. Further, the IIT Goa average package offered to the BTech and MTech students 2024 during IIT Goa placements 2024 was INR 15.92 LPA and INR 11.72 LPA, respectively. Additionally, 161 recruiters participated in the placement process 2024 and placed 116 students in new-age job profiles. The top recruiters of IIT GOA in 2024 included Microsoft, Google, Amazon, Intel, Goldman Sachs, etc.

IIT GUWAHATI

According to media reports, a total of 712 students were placed till Dec 6 during IIT Guwahati placements 2024. Further, the highest international and domestic package offered during IIT Guwahati placements 2024 stood at INR 2.05 Crore per annum and INR 1.20 Crore per annum, respectively. Further, a total of 250 companies visited the campus during IIT Guwahati placements 2024. Other than this, 38% of the total students were placed in the Core sector followed by 36% placement distribution in Software Development and Product during IIT Guwahati placements 2024. In addition, 26% of students received offers for Finance and Analyst profiles. 

Earlier, a total of 246 companies from various sectors participated in the 2022-23 placement process. The overall placement rate stood at 78.04%. Out of 1,425 registered students1,112 were placed successfully. In addition to this, 20 international offers were grabbed. The highest domestic package offered during IIT GUWAHATI placements 2023 was INR 1.20 crore per annum and the highest international package stood at INR 2.40 crore per annum.  

According to media reports, the highest stipend offered during IIT Guwahati internships 2023 was INR 1.60 LPA. Further, a total of 15 internship offers were made to BTech students.

IIT HYDERABAD

The highest and average package offered during IIT Hyderabad placements 2024 stood at INR 90 LPA and INR 22.5 LPA, respectively. Further, 521 offers were made and 320 companies visited the campus during placements 2024 drive.

Earlier, the highest and average package offered during IIT Hyderabad placements 2023 stood at INR 63.78 LPA and INR 20.07 LPA, respectively. Further, the placement rate recorded during IIT Hyderabad placements 2023 was 74.90%. Other than this, a total of 335 companies participated and 621 offers were made during IIT HYDERABAD placements 2023.

IIT VARANASI

According to media reports, the highest package offered during BTech placements 2024 was INR 1.68 crore per annum. The lowest package offered to BTech students was INR 5 LPA. Further, the BTech CSE placement rate stood at 89.81%.  The top recruiters during IIT VARANASI placements 2024 included Qualcomm, Uber, Goldman Sachs, and Google.

IIT DHANBAD

IIT Dhanbad Placements 2024 is ongoing. Till now, 860 students have been placed and around 204 companies participated in the placement drives. The median and average package of IIT Dhanbad is INR 12.50 LPA and INR 16.45 LPA respectively during the 2024 placements.

Its placement 2024 list is not yet released.

IIT GANDHINAGAR

As per the media reports, the highest package offered during the IIT Gandhinagar placements 2024 is around Rs 63 LPA.Out of the 165 students graduating 125 students are placed. IIT Gandhinagar hasn’t disclosed the highest package offered in the placement report for 2023. However, the IIT Gandhinagar highest package has seen a remarkable increase of 32% compared to the previous year as reported by the institute in its annual report for 2023.

IIT ROOPAR

IIT Ropar Placements 2024 is ongoing and the average package so far stood at INR 22.92 LPA. Till now, a total of 254 students were placed out of 452 students. The highest salary on 2023 was 55LPA.

IIT MANDI

As per the latest report, 192 recruiters visited IIT Mandi in 2024 and placed 84% of the BTech Class 2024 in new-age job roles. The average package offered to BTech CSE students during IIT Mandi placements in 2024 stood at INR 26.55 LPA. Further, the overall median package offered to BTech students during IIT Mandi placements in 2024 stood at INR 21 LPA. 

Earlier, the Phase 1 of IIT Mandi placements 2023 concluded with 249 job offers. As per the media reports, 201 recruiters participated during IIT Mandi placements 2023 and presented 90 international offers and 75 PPOs to the batch 2023. The highest and average package offered during IIT Mandi placements in 2023 was INR 60 LPA and INR 25.23 LPA, respectively. The top recruiters of IIT MANDI in 2023 included Infosys, Microsoft, Amazon, HCL, IBM, TCSICICI Bank, etc.

IIT PATNA

The average package offered during IIT Patna placements 2024 for BTechMTech and MSc programs stood around INR 17 LPAINR 15 LPA and INR 7 LPA, respectively. Further, the placement rate recorded during BTech and MTech placements 2024 stood at 77.92% and 61.01%, respectively. It is to note that placements drive 2024 was ongoing at the time the placement rate was derived, hence it may vary after the final placements 2024 process gets completed. Earlier, the highest package offered during IIT PATNA placements 2023 stood at INR 82.05 LPA.

IIT BHUVANESWAR

The 2024 placement drive is ongoing. So far, 83.57% of BTech and 74.60% of MTech students have been placed. The highest package stands at INR 64LPA the highest ever received at IIT BBS. The IIT Bhubaneswar average package for BTech and MTech is INR 17.16 LPA and INR 8.96 LPA,

IIT THIRUPATHY

As per the unofficial online sources, IIT Bhilai recorded 68.63% placements for its BTech CSE batch 2024 till June 6, 2024. The highest and average package offered to BTech CSE students during IIT Bhilai placements in 2024 stood at INR 42.11 LPA and INR 15.16 LPA, respectively. Earlier, IIT Bhilai concluded the placements for the Class of 2023 with 100% placements in MTech CSE, EE and DSAI. As per the latest report, over 105 recruiters participated in the placement process and offered over 130 job offers to the batch 2023. The highest and average package offered during IIT Bhilai placements in 2023 was INR 48.64 LPA and INR 14 LPA, respectively. The top recruiters Of IIT BHILAI placements in 2023 included Amazon, Infosys, L&T, HCL, IBM, TCSICICI Bank, etc.

IIT JODHPUR

More than 280 companies visited the campus and 380 offers were made during IIT Jodhpur placements 2024. Further, the placement rate recorded during BTech, MTech and MBA placements 2024 stood at 86%, 65.77% and 85.29%, respectively. Earlier, the highest and average package offered during IIT Jodhpur MBA placements 2023 stood at INR 23.8 LPA and INR 13.03 LPA, respectively. Further, the median package offered during IIT JODHPUR MBA placements 2023 stood at INR 12 LPA.

NIRF RANK OF DIFFERENT IITS AND SALARY PACKAGE FOR 2023

NO NAME OF IIT RANK 2024 INTAKE OF STUDENTS 2023 Median salary package per annum(2022-23)
01
IIT MADRAS
01
877
1663440
02
IIT DELHI
02
1093
2000000
03
IIT BOMBAY
03
1059
1963000
04
IIT KANPUR
04
1210
2300000
05
IIT KHARAGPUR
05
1262
2400000
06
IIT ROORKEY
06
1100
1963000
07
IIT GUWAHATI
07
1008
2160000
08
IIT HYDERABAD
08
595
2100000
09
IIT VARANASI
10
1163
2000000
10
IIT DHANBAD
15
1028
1500000
11
IIT INDORE
16
360
2120000
12
IIT GANDHINAGAR
18
225
1600000
13
IIT ROOPAR
22
395
2000000
14
IIT MANDI
28
530
1600000
15
IIT Mandi
31
308
2200000
16
IIT Patna
34
582
1700000
17
IIT Bhubaneswar
54
355
1598000
18
IIT Tirupati
61
237
1600000
19
IIT Jammu
62
247
1600000
20
IIT Palakkad
64
180
1410000
21
IIT Bhilai
73
190
1500000
22
IIT GOA
NOT
157
1613000
23
IIT Dharwad
NOT
250
1485000

This is the list of top 100 colleges. IIt GOA and IIT Dharwad didn’t belong to top 100 colleges.

CONCLUSION:

IITs are prestigious institutes. To be an IIT’an is a dream of many students. Most students are attracted to IIT due to the high salary packages. Even the NIRF rank of IIT is low the placement oppurtunities are high.  So to get an admission to IIT students need to qualify JEE Advanced test. It is the toughest version of JEE main exam. For qualifying both these exams we need to hard work with proper guidance. Here in Bin Haider Academy we are providing professionalized coaching classes for qualifying JEE exams.Our daily practice papers will make you confident to attend JEE. So we welcome you all to Bin Haider Academy for JEE classes.