IIT Madras is renowned for its high-quality education in India, maintaining a student-to-teacher ratio of 20:1. The institute boasts an impressive placement record, with approximately 500 companies visiting the campus annually. The highest package offered is 2.41 Crore INR, and the average package is 29 LPA. Around 90% of students secure placements, with some reports suggesting a placement rate of over 97%. Prestigious companies like Google, Microsoft, Facebook, and Amazon participate in recruitment, offering roles such as Software Development Engineers, Project Managers, and Analysts.
The institution reported around 260 Pre-Placement Offers (PPOs), contributing to a total of 1,491 offers. Internships are integral, with stipends ranging from 30,000 to 2,00,000 INR per month, available from the third year. The placement and internship team supports students in skill development and resume preparation. IIT Madras offers scholarships and fee concessions based on various criteria. The annual course fee is approximately 2 lakh INR, excluding hostel fees of 35,000 to 38,000 INR per semester.
The first semester fee is 23,400 INR, and the second semester is 11,000 INR. Scholarships are available for different student categories, including MCM (merit cum means) and merit-based scholarships. The 4-year graduation program costs around 12 lakhs INR. Tuition fee waivers are provided based on annual income: a 100% waiver for income below 1 lakh INR, a 50% waiver for income between 1 to 5 lakhs INR, and a 100% waiver for SC/ST students.
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