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DoMS IIT Madras Final Placement Report 2024- Highest Package ₹29.65 LPA

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Team InsideIIM
Team InsideIIM

 

The final placements at the Department of Management Studies, IIT Madras for the batch of 2022-2024 saw 32 companies participate to recruit from a batch of 84 students. The 2024 batch comprises 59% Engineers/ Architecture, 13% B.Com/ BBA graduates, and 10% for  Life Sciences and Economics. 

48% of the batch are freshers. The average work- experience of the batch is 1.1 years. 

The record 100% placements for DoMS saw new recruiters like NTT Data, Forge, and Garuda Aerospace where 37% of the batch was placed through PPOs. 


CTCs Offered (in lacs):

Highest Package Average Package Top 25% Average Salary Median Salary Package
29.65 16.93 21.89 16.39

Domain Wise Distribution:

Domain % of students placed Roles offered
Analytics and IT 31% Associate Consultant, Data Scientist, Data Science Analyst, Business Analyst
Finance 28% Assistant Manager, Associate Advisor, Management Trainee
General Management 20% Assistant Manager, Future Leader Trainee, Lead Consultant, Project Management
Sales and Marketing 12% Product Analyst, Deputy Brand Manager, Management Trainee
Operations and Supply Chain 9% Product Supply, Manager Supply Chain Analyst, Management Trainee

Top Recruiters

The prominent recruiters visiting the IIT Madras campus for their flagship MBA program were:-  

Natwest Dell Bank Of America P&G Morgan Stanley
VIP ICICI Bank Incture Accenture TVS
NTT Data Forge Mphasis Cognizant Hexaware

2023 vs 2024 Comparison

Parameters 2024 2023
Participating Students 84 62
% Of Experienced Students
(Average Work ex)
52% (1.1 years) 71.6% (3 years)
% Of Engineers 59% 83%
% of PPO holders 37% 42%
Highest CTC 29.65 30.6 LPA
Top 25% CTC 21.89 29.96
Average CTC 16.93 20.19
Top Sector Analytics & IT, Finance Analytics, General Management, Finance

Conclusion

Due to shifts in the characteristics of recent batches (such as level of experience) and challenging market conditions, there has been a notable decrease in the average salary statistics. 

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FAQs

Q.1- What is the required cat cut-off for DoMS IIT Madras?

  1.  General- ~96
  2.  OBC/SC/ST- ~85

Q.2- How is the MBA at IIT Madras ranked?

The DoMS Flagship MBA program ranks 15th in the NIRF 2023 rankings.

Q.3- Is there any exemption in selection for IIT students?

Students who have graduated from IIT with a CGPA of 8 or higher out of 10 are not required to submit a CAT score.

Q.4- What are the specializations/ Electives offered at DoMS, IIT-Madras?

Finance, Integrative Management, Marketing, HR and OB, Operations and Information Systems.

 

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