The placement season at Indian Institutes of Technology (IITs) is underway, with positive trends across campuses. These top institutions continue to attract leading recruiters and record offers, strengthening their global reputation for producing top talent. In this overview, we highlight the early placement reports from IIT Madras, Kharagpur, and Kanpur, showcasing key offers and trends this year.

IIT Madras’ Day 1 placement

The Indian Institute of Technology Madras has set the bar high this placement season, with a record-breaking offer of Rs .4.3 crore from Jane Street, a leading Wall Street trading firm, as per a TNN report. This comprehensive package includes base salary, bonuses, and relocation benefits, making it the highest offer in the institute’s history. Additionally, firms such as BlackRock, Glean, and Da Vinci have extended offers exceeding Rs. 2 crore, while APT Portfolio and Rubrik proposed packages of over Rs. 1.4 crore. Databricks, Ebullient Securities, and IMC Trading also offered salaries surpassing Rs, 1.3 crore.

Day 1 of placements witnessed robust participation from industry giants like Qualcomm, Microsoft, Goldman Sachs, Bajaj Auto, Ola Electric, Alphonso, and Nutanix. While these early high-value offers are promising, the overall success of the season remains to be evaluated.

IIT Kanpur’s Day 1 placement

IIT Kanpur (IITK) began its Phase-I placement session with an exceptional start, recording 579 offers by the end of Day 1. Among these, 523 students secured positions through a combination of campus placements and Pre-Placement Offers (PPOs). This includes 199 students who accepted PPOs from prominent national and international companies, according to the official website.

Significantly, 13 students received prestigious international job offers, underscoring the global demand for IIT Kanpur’s talent. Top recruiters on Day 1 included Microsoft, Texas Instruments, Databricks, Google, American Express, SLB, and Deutsche Bank, among 74 participating organizations. This strong start highlights IIT Kanpur’s ability to equip students with industry-ready skills that meet global standards.

IIT Kharagpur’s Day 1 placement

At IIT Kharagpur, the placement process for 2024-25 kicked off with an impressive 750 offers, including pre-placement offers, by the end of Day 1 in Phase 1, as reported by PTI. The highest package offered thus far is Rs. 2.14 crore. Furthermore, 11 students received packages exceeding Rs. 1 crore, while nine secured international roles.

Prominent recruiters like Apple, Google, Microsoft, and Capital One participated in the process, offering roles in software, analytics, finance, banking, consulting, and core engineering. Many companies that had visited the campus for internships in July 2024 returned for the placement drive. Notably, the interviews are being conducted in a hybrid mode, with several organizations opting for in-person interactions.

The 2024-25 placement season at IITs has commenced on a high note, with record-breaking packages and widespread participation from top-tier companies. As placements progress, these early successes reflect the institutes’ academic excellence and their students’ readiness for the global job market. The coming weeks are likely to unveil more success stories, reinforcing the IITs’ position as the cradle of elite talent.

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