Is IIT Madras good for MBA?

<p>Yes, IIT Madras can be one of the prime choice for MBA aspirants. The institute recorded a&nbsp;<strong>100% placement rate</strong>&nbsp;for its MBA batch passing out in 2024. The&nbsp;<strong>highest&nbsp;</strong>and<strong>&nbsp;average package&nbsp;</strong>offered during IIT Madras MBA placements in 2024 stood at<strong>&nbsp;INR 29.65</strong>&nbsp;and&nbsp;<strong>INR 16.93 LPA,&nbsp;</strong>respectively. Further, the&nbsp;<strong>median package&nbsp;</strong>offered to during IIT Madras MBA placements in 2024 stood at<strong>&nbsp;INR 20.40 LPA</strong>.</p><p>Talking about the&nbsp;<strong>Indian Institute of Technology Madras rankings</strong>, the institute has been <strong>ranked 15</strong> by the National Institutional&nbsp; Ranking Framework (NIRF) 2023 for its Management category courses. In the year 2022, IIT Madras was ranked 10 in the Management category by the NIRF. Find here about the other <a href="https://www.shiksha.com/engineering/ranking/top-iits-colleges-in-india/113-2-0-0-0">top ranking IITs in India</a>.</p>

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<p>The Indian Institute of Technology Madras (IIT Madras) has a reputed MBA programme through its Department of Management Studies (DoMS). IIT Madras is well-known for its rigorous academic curriculum and emphasis on innovation, technology management, and analytics. It offers a unique blend of business education that is enhanced by the institute's engineering and scientific capabilities. The programme benefits from competent teachers, great infrastructure, and strong industry partnerships, which improve practical learning and placement possibilities. IIT Madras DoMS is frequently ranked among India's best management schools, making it a popular alternative for students seeking a comprehensive MBA education that combines technical expertise with business savvy.</p>

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<p dir="ltr">In terms of placements, the institute has recorded good placement numbers for MBA. The lowest package offered to the MBA students during 2023 placements was INR 11 LPA. The highest package grabbed was INR 30.66 LPA. The majority of offers received were of packages between INR 20 LPA and INR 25 LPA. Tabulated below are the key highlights of IIT Madras placements 2023:</p><table style="border-collapse: collapse; width: 100.037%;" border="1"><colgroup><col style="width: 49.9817%;"><col style="width: 49.9817%;"></colgroup><tbody><tr><th>Particulars</th><th>MBA Placement Statistics (2023)</th></tr><tr><td>the highest package</td><td>INR 30.66 LPA</td></tr><tr><td>Median package</td><td>INR 20.80 LPA</td></tr><tr><td>the lowest package</td><td>INR 11 LPA</td></tr><tr><td><p>PPOs received</p></td><td>26</td></tr><tr><td><p>Offers above INR 30 LPA</p></td><td>&nbsp;3</td></tr><tr><td><p>Offers between INR 25 LPA - INR 30 LPA</p></td><td>&nbsp;6</td></tr><tr><td><p>Offers between INR 20 LPA - INR 25 LPA</p></td><td>&nbsp;12</td></tr><tr><td><p>Offers between INR 15 LPA - INR 20 LPA</p></td><td>10</td></tr><tr><td><p>Offers between INR 10 LPA - INR 15 LPA</p></td><td>6</td></tr></tbody></table>

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