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Top Salary Packages Offered to IIT Graduates in 2023

Every year, IIT graduates secure remarkable salary packages, reflecting the high demand for their skills in the job market. In 2023, IIT Madras led with a staggering ₹4.3 crore offer, followed by IIT Hyderabad and IIT Bombay with impressive packages of ₹2.5 crore and ₹3.67 crore, respectively. This article delves into the top five salary packages awarded to IIT graduates, highlighting the opportunities available at these prestigious institutions. Read on to learn more about how these graduates are making their mark in the global job market.
 

Overview of IIT Salary Packages



IIT Salary Insights: Gaining admission to an Indian Institute of Technology (IIT) is a dream for many engineering aspirants. Each year, millions take the JEE Main and Advanced exams to secure a spot. IITs are renowned not just for their academic excellence but also for their impressive placement records. Major corporations flock to these campuses annually, offering lucrative job packages to graduates. Here’s a look at the top five salary packages awarded to IIT graduates.


1. IIT Madras - ₹4.3 Crore

An IIT Madras graduate received a remarkable pre-placement offer (PPO) of ₹4.3 crore from Jane Street. This offer was extended after the student completed an internship with the firm, showcasing his skills and performance. He is set to begin his career as a quantitative trader in Hong Kong, marking the highest PPO in IIT history, which has garnered national attention.


2. IIT Hyderabad - ₹2.5 Crore

Edward Nathan Varghese, a computer science student from IIT Hyderabad, secured a package of ₹2.5 crore from the Dutch trading firm Optiver. His two-month internship led to this impressive PPO. Edward attributes his success to diligent work, selecting the right field of study, and timely interview preparation, making this offer a significant milestone in his career.


3. IIT Bombay - ₹3.67 Crore

The highest salary package at IIT Bombay reached ₹3.67 crore, awarded to students primarily in the IT and trading sectors. This figure underscores the global opportunities available to graduates from IIT Bombay, reflecting the high regard companies have for their skills and work quality.


4. IIT Roorkee - ₹2.15 Crore

Students at IIT Roorkee received offers as high as ₹2.15 crore from international firms. These opportunities were made possible through their skills and project work, illustrating that even lesser-known IITs are gaining recognition on a global scale.


5. IIT BHU and IIT Kanpur - ₹1.67 to ₹1.9 Crore

The highest package at IIT BHU was ₹1.67 crore, while IIT Kanpur students received up to ₹1.9 crore. These achievements were the result of hard work, internships, and project involvement, with students across various IITs consistently attracting impressive offers from global companies.