DoMS IIT Madras Placements 2023: Highest & Average Salary Package, Top Companies

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Ravika Gaja Ravika Gaja | Nov 3, 2023

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Ravika Gaja
Ravika Gaja

Updated on - Nov 3, 2023

DoMS IIT Madras placements achieved 100% placements during the 2023 placement drive. DoMS IIT Madras placements saw the highest package, standing at INR 30.6 LPA for the MBA program. The DoMS IIT Madras average package is INR 20.19 LPA. According to the Department of Management Studies IIT Madras placement report, 62 students registered for the placements drive.

DoMS IIT Madras placements 2023 observed a 20.95% increase in the Maximum CTC and a 21.19% increase in Average CTC w.r.t MBA Batch 2020-22. Over 26 companies participated in the Department of Management Studies IIT Madras campus placement. During the DoMS IIT Madras placements 2023, eligible students received 42% pre-placement offers from recruiting companies.

DoMS IIT Madras placements 2023 witnessed the highest package, for the MS program at INR 21.63 LPA while the DoMS IIT Madras average package for the MS program stood at 19.31 LPA. Whereas, the DoMS IIT Madras highest package for Tech-MBA stood at 22 LPA and the average package offered was 18.9 LPA.

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DoMS IIT Madras Placement Highlights 2023

The number of students passing out of the 2023 batch during the DoMS IIT Madras placements 2023 was 67, and 62 of them participated in the placement drive, and all received job opportunities. The DoMS IIT Madras average package 2023 was INR 20.19 LPA. The students accepted around 42% of pre-placement offers made by the companies.

The following table lists the placement highlights for DoMS IIT Madras placements 2023 for the MBA program.

Particulars Highlights
Placement Percentage 100%
Highest Package Offered INR 30.6 LPA
Average Package Offered INR 20.19 LPA
No. of Participating Companies 26

DoMS IIT Madras Placement Achievements 2023

DoMS IIT Madras placements 2023 saw a significant rise in the highest salary package from INR 25.30 LPA to INR 30.6 LPA. Listed below are some other placement achievements from the 2023 placements of the institute:

  • Department of Management Studies IIT Madras placements saw a 20.95% increase in Maximum CTC w.r.t MBA Batch of 2020-22.
  • Department of Management Studies IIT Madras placements saw a 21.19% increase in Average CTC w.r.t MBA Batch of 2020-22.
  • The top 10 percentile of DoMS IIT Madras MBA students received an Average CTC of INR 29.30 LPA.
  • The top 25 percentile of DoMS IIT Madras MBA students received an Average CTC of INR 26.96 LPA.
  • The top 50 percentile of DoMS IIT Madras MBA students received an Average CTC of INR 24.03 LPA.

DoMS IIT Madras Top Recruiters

DoMS IIT Madras placements 2023 hosts top recruiting companies during its placement drives. A total of 26 companies participated in the placement drive and offered jobs across various domains.

The DoMS IIT Madras top recruiters are listed below.

Accenture Axtria Bank of America
Bounteous Chainalytics Cisco
Cognizant DELL Deloitte
GAVS Hexaware HSBC
IBM ICICI Bank India Mart

DoMS IIT Madras Placement Statistics 2023

The Department of Management Studies IIT Madras placement in the year 2023 experienced record-breaking final placements in salary statistics and the duration of the placement process.

Some DoMS IIT Madras placement statistics, such as DoMS IIT Madras salary trend and domain-wise offers, are given below.

DoMS IIT Madras Salary Trend 2023

The DoMS IIT Madras highest package has increased from INR 25.30 LPA to INR 30.6 LPA. The following table shows the DoMS IIT Madras salary trend for the last two years (2022 & 2023).

Particulars Statistics in 2023 Statistics in 2022
Highest Salary Package Offered INR 30.6 LPA INR 25.30 LPA
Average Salary Package Offered INR 20.19 LPA INR 16.66 LPA
Average CTC for Top 10 Percentile INR 29.30 LPA INR 22.47 LPA
Average CTC for Top 25 Percentile INR 26.96 LPA INR 21.62 LPA
Average CTC for Top 50 Percentile INR 24.03 LPA INR 20.27 LPA

The graph below shows the salary trend during the Department of Management Studies IIT Madras placements from 2022 to 2023.

DoMS IIT Madras Domain-wise Statistics 2023

As per the DoMS IIT Madras placements 2023, around 29.7% the highest, of the students were placed in the Analytics domain. The lowest, 8.1% of students were placed in the Marketing domain.

The domain-wise statistics of the DoMS IIT Madras placements are as follows.

Domain Percentage of Students
Operations & Supply Chain 12.2 %
Marketing 8.1%
Analytics 29.7%
Finance 24.3%
General Management 25.7%

The following pie chart shows the domain-wise statistics during the DoMS IIT Madras MBA placements in 2023.

DoMS IIT Madras Tech MBA & MS Placement Highlights 2023

The DoMS IIT Madras highest package 2023 for Tech-MBA was INR 22 LPA while it was INR 21.63 LPA for the MS course. DoMS IIT Madras witnessed 100% placement for both MBA and MS programs.

The following table lists the placement highlights for DoMS IIT Madras placements 2023 for the Tech-MBA and MS programs.

Particulars Tech-MBA Program MS Program
Total Number of Students Registered 09 02
Placement Percentage 100% 100%
Highest Package Offered INR 22 LPA INR 21.63 LPA
Average Package Offered INR 18.9 LPA INR 19.31 LPA
No. of Participating Companies 07 11
Roles Offered Data Analyst, Data Scientist, Associate Consultant Analyst, Data Scientist

DoMS IIT Madras Other Recruiters

Companies like Accenture, Google, Amazon, Wipro, Cognizant, Cisco, etc., have recruited students of DoMS IIT Madras. Some of DoMS IIT Madras top recruiters during 2023 placements are shown in the table below.

Google Amazon Accenture
Titan Axtria Bank of America
Bounteous Chainalytics Cisco
Cognizant DELL Deloitte
GAVS Hexaware HSBC
IBM ICICI Bank India Mart
Kaleesuwari Kantar LatentView
Mahindra McKinsey & Company Morgan Stanley
Mphasis P&G Power Finance
Freshdesk Maybank CRISL
Wipro Avalon Consulting RBS
Federal Bank Ford Siemens
Standard Charted Tiger Analytics -

DoMS IIT Madras Placement Cell

The DoMS IIT Madras placements have its placement department that takes charge of all the placement activities at the institute. The DoMS IIT Madras placement cell and departments organize interactive sessions between industry experts and students to promote open dialogue and to provide the students with insights about the industry. The placement cell arranges guest lectures and provides the necessary training to students to improve their skills.

The placement season at DoMS IIT Madras kicks off with Summer Placements for first-year students in the first week of October, running concurrently with Pre-Placement presentations for the upcoming Final Placements. Following this, the Final Placement process for second-year students commences in the first week of December.

DoMS IIT Madras MBA Internship

Department of Management Studies IIT Madras made it mandatory for its students to get into internships. Almost all the students are provided with paid internship opportunities. The internship highlights of the Department of Management Studies IIT Madras are given below.

Some of the key highlights of DoMS IIT Madras summer placements for the MBA program are given below.

Particulars Highlights
Total Number of Students Registered 82
Total Number of Recruiters 35
Percentage of Students Placed 100%
Highest Stipend Offered (in INR) 3.40 Lakh
Average Stipend Offered (in INR) 1.39 Lakh
Top Recruiters Accenture, Anand, Axtria, Bank of America, CAMS, DELL, FORGE, Halma, Oracle, SBI, P&G, etc.

DoMS IIT Madras Tech MBA Internship

DoMS IIT Madras also provides internships to students of the Tech-MBA program. Some of the key highlights of DoMS IIT Madras summer placements for the MBA program are given below.

Particulars Highlights
Percentage of Students Placed 100%
Highest Stipend Offered (in INR) 1.10 Lakh
Average Stipend Offered (in INR) 0.70 Lakh
Top Recruiters Accenture, Anand, Axtria, Bank of America, CAMS, DELL, FORGE, Halma, Oracle, SBI, P&G, etc.

DoMS IIT Madras Internship Statistics 2023

During the Department of Management Studies IIT Madras Summer Placements 2023, a 36% rise was witnessed in the highest stipend, whereas an average stipend increase of 24.73% was observed w.r.t to the MBA batch of 2021-23.

Statistics like stipend trends, average stipends, domain-wise internship offers, etc., are given below for DoMS IIT Madras summer placements 2023.

DoMS IIT Madras Domain-wise Internship Offers 2023

As per the DoMS IIT Madras summer internship placements 2023, the internship offers in the Finance domain were highest which is 26.25%, whereas it was least in the Human Resources domain which is 3.75%.

The domain-wise internship offers statistics of the DoMS IIT Madras are as follows.

Domain Percentage of Students
Operations & Supply Chain 18.75%
Marketing 8.75%
Analytics 30%
Finance 26.25%
General Management 12.5%
Human Resources 3.75%

The percentage of students placed in various domains in 2023 is shown in the pie chart below.


DoMS IIT Madras Average Internship Stipend 2023

The average stipend offered to top 10 percentile students was INR 3.14 Lakh in 2023. Similarly, the average stipend offered to the top 25 percentile students was INR 2.40 Lakh.

Tabulated below are average stipends offered for different percentiles of students during the Department of Management Studies IIT Madras summer placements 2023.

Particulars Statistics
Average Stipend for Top 10 Percentile INR 3.14 Lakh
Average Stipend for Top 25 Percentile INR 2.40 Lakh
Average Stipend for Top 50 Percentile INR 1.98 Lakh
Average Stipend INR 1.39 Lakh

The graph below represents the DoMS IIT Madras Average Internship Stipend 2023.

DoMS IIT Madras Internship Recruiters 2023

Companies from multiple sectors have recruited students during the Department of Management Studies IIT Madras Summer Internship Placements. The following tables show some of the companies that have participated in DoMS IIT Madras summer placements 2023.

Accenture Anand Axtria
Bank of America Dr.Mehta’s Mphasis
CAMS DELL ICICI Bank
Morgan Stanley P&G SBI
Tonik Oracle Kaleesuwari
Halma FORGE NetWest

Department of Management Studies Placements FAQs

What is the DoMS IIT Madras highest package in 2023?

The DoMS IIT Madras's highest package 2023 stood at INR 30.6 LPA.

What is the DoMS IIT Madras average package 2023?

The DoMS IIT Madras average package 2023 stood at INR 20.19 LPA.

What was the average salary package offered to the top 50 percentile at the DoMS IIT Madras placements in 2023?

The top 50 percentile students received an average salary package of INR 24.03 LPA during the DoMS IIT Madras placements in 2023.

What is the average stipend offered in DoMS IIT Madras Internships?

The average stipend offered in DoMS IIT Madras Internships is INR 1.39 Lakh.

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