The review highlights key aspects of the Indian Institute of Technology Madras (IIT Madras), focusing on academic excellence, faculty quality, and financial details. Admission is secured through JEE rankings, with rigorous academic standards upheld by highly qualified faculty who are often alumni. The institute demands a minimum of 85% attendance, fostering a strong academic environment. With some professors emphasizing marks and attendance, teaching quality remains high. IIT Madras offers extensive sports facilities alongside academics.
The total cost for a four-year program is around 10 lakhs INR, with annual fees structured at 76,000 INR, payable in installments. Financial aid options include low-interest bank loans and scholarships, particularly for non-general and female students. SC, ST, and EWS students enjoy reduced financial pressure. In terms of placements, IIT Madras boasts impressive statistics. In 2018, out of 1,276 registered students, 739 were placed, with companies like Microsoft and Uber participating.
The highest package for BTech students was 82 LPA, and the average salary was 18 LPA. Circuit branches like CSE, EE, and EP had an edge in core offers. By 2022, the average package rose to 22 LPA, with the highest package reaching 3.67 crores, and 80-90% of students placed. Paid internships with stipends up to 13 lakhs INR/month are available, with around 50-60% of students securing these opportunities. IIT Madras offers scholarships based on financial need and merit.
Students with family incomes below INR 1 lakh receive a full tuition waiver, while those earning between INR 1 lakh and INR 4.5 lakh pay INR 33,000 per semester. Students from families with incomes above INR 4.5 lakh pay INR 1 lakh per semester. A fixed hostel fee is INR 70,000 annually. Additional scholarships and study loans make education financially accessible, complemented by part-time roles like Teaching Assistantships and Research Fellowships, offering around INR 12,000 per month.
Comments