IIT Madras MBA Placement 2023: Highest Package at INR 30.60 LPA, Average Salary Up by 21%

New Delhi: Department of Management Studies (DoMS) at IIT Madras has successfully conducted the placement drive for MBA 2021-23 batch with a 100% placement record. Students were offered with the highest package at INR 30.60 LPA, up by 20.95% from last year.

As per IIT Madras, the MBA batch strength for 2021-23 is 67 students, out of which 62 students participated in the placement drives. The average package for this session stood at INR 20.19 LPA, which increased by 21.19% from last year's INR 16.66 LPA.

The IIT Madras MBA Placement 2023 process was conducted from December 2022 onwards. A total of 26 companies from various domains joined the placement session, and students received over 42% Pre Placement Offers (PPOs) in the field of their preferences.

IIT Madras MBA Placement 2023 Overview

For IIT Madras MBA Batch 2021-23, 12.2% of offers were made for roles in Operations & Supply Chain, 8.1% offers in Marketing, 25.7% for General Management sector, 24.3% in Finance and the highest number of offers (29.7%) were made in the Analytics domain. 

Informing about the IIT Madras MBA Placement 2023 data, Haripriya B., Placement Manager at IIT Madras said, “This placement season has taken the Department of Management Studies, IIT Madras to great heights with its best performance to date under record placement time”.

“We are thankful to the new recruiters such as PFC, P&G, Mphasis, and India Mart along with our regular recruiters like McKinsey, Accenture, DELL, CISCO, Deloitte, IBM, and others, for strengthening their existing long-term ties with the department”, he further added.

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