Updated on Jan 09, 2025
Kollegeapply
The placement season at IIT Delhi in 2024 is expected to be very competitive and beneficial for students. The college has consistently had a strong placement record, with many students landing jobs in major firms both domestically and globally. According to recent updates, the placement process for the year 2024 is currently proceeding, with significant progress already documented.
Phase One Highlights
Over 1,000 students were placed during the first part of the 2024 placement drive, with over 1,050 offers, including Pre-Placement Offers (PPOs). Around 50 international offers were issued by around 20 multinational firms, highlighting the global attractiveness of IIT Delhi alumni. The Core (Technical) sector emerged as the leading recruiter, accounting for 42% of all placements.
Top Recruiters and Sectors
Some of the top recruiters in the ongoing placement drive include Microsoft, Texas Instruments, and Goldman Sachs. These companies have routinely offered students attractive compensation packages and fascinating work opportunities. In 2024, the top hiring sectors will be IT/Software, Finance, Core Engineering, Technology & Analytics, and Management. The majority of students have chosen careers in these fields, demonstrating the institution's outstanding technical and analytical training.
Salary Packages
The biggest foreign package offered thus far is an amazing INR 2 crore per annum (CPA), whereas the top domestic package is INR 1 crore. Additionally, approximately 50 students have secured pay packages that exceed INR 1 CPA, demonstrating the great demand for IIT Delhi graduates.
MBA Placement 2024
The MBA program at IIT Delhi also produced excellent placement results. The placement process ended with a 100% success rate. The highest package provided in the MBA program was INR 41.13 lakhs per annum (LPA), with the average package being INR 25.82 LPA. The MBA summer internship placements similarly yielded a 100% internship rate, with the highest remuneration of INR 4.04 lakhs per month.
Recruiter and Job Role Details
Several notable organisations have already engaged in the 2024 placements, giving a variety of work opportunities with competitive salaries. The following table highlights some of the top recruiters and the packages they offered:
| Company Name | Package Offered | Job Role |
|---|---|---|
| Abacus.AI | 40 LPA | SDE |
| Accenture (Japan) | 41.51 LPA | SDE |
| Microsoft | 39.2 LPA | Software Engineer |
| Flipkart | 30.49 LPA | Data Scientist |
| Goldman Sachs | 31.5 LPA | Analyst |
| 30 LPA | Software Engineer |
Previous Year's Trends
To provide context, placement numbers from past years are also relevant. In 2023, IIT Delhi received 1300 offers, with nearly 1,150 students being placed individually. The trend of increased offers has persisted, with the number of offers up 20% from the previous year. In 2023, 260 PPOs were received, up from 230 the previous year. The highest CTC offered in 2023 was INR 2 CPA.
Sector-wise placement
The sector-specific placement specifics for 2024 have yet to be completely released. However, based on patterns from 2023, it is projected that a substantial percentage of students would remain in technical core and IT industries. In 2023, 29% of pupils were put into Technical Core roles, while 24% secured positions in IT. Management and Analytics, Consulting, and Finance were also significant sectors for placements. Internship Placements The summer internship placements for 2024 have likewise been very successful. The highest stipend granted was INR 4.04 lakhs per month, while the average compensation was INR 2.63 lakhs. Supply Chain Operations, Information Technology, and Consulting are among the top industries looking for interns. Google, Accenture, Capgemini, and ICICI Bank were among the leading recruiters.
