Admission to IITs, including IIT Madras, is through the JEE process, consisting of JEE Main and JEE Advanced exams. Out of 15 lakh students, the top 2 lakh in JEE Main qualify for JEE Advanced, with only around 10,000 seats available. A special 10% quota exists for girls, and reservations are provided for weaker sections. The academic program typically includes 4-5 lectures daily over 2.5 to 5 years, with a faculty-to-student ratio of 1:6.
Fees at IIT Madras are relatively low, with tuition around INR 1 lakh per semester for B.Tech programs and hostel fees about INR 50,000 annually. Scholarships and financial aids are available, particularly for economically weaker students and reserved categories, reducing tuition significantly. The institution sees over 500 companies visit annually for placements, with around 1500 offers made in 2022. The highest salary package reached 2.14 crore INR per annum, while the average was approximately 17.33 lakh INR.
Almost all students seeking placements are successful, with international offers up to 1.6 crore INR. Internships begin in the third year, with prominent companies offering stipends from 15,000 to 1.5 lakh INR per month. Financial assistance includes scholarships like the MCM scholarship and Dean-Alumni scholarship, along with interest-free loans from Canara Bank and SBI. The total cost for a B.Tech course ranges from INR 8 to 10 lakh over four years, with extensive scholarship options to help manage expenses.
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