IIT Hyderabad BTech Placements 2023 vs 2024: Packages, Placement Rates and Key Trends Explained

Every year, several lakh students compete through JEE Main and JEE Advanced to secure a seat in India’s centrally funded technical institutions, particularly the Indian Institutes of Technology (IITs). For most aspirants and their families, placement performance is a critical factor when comparing institutes. Beyond academic reputation and infrastructure, placement statistics offer insight into industry demand, recruiter confidence, and long-term career prospects.

IIT Hyderabad (IITH), one of the newer IITs, has steadily built a reputation for strong academic output and industry-oriented research. A comparison of its BTech placement performance in 2023–24 versus 2022–23 reveals how hiring trends have evolved amid a changing global and domestic job market.

Overview of IIT Hyderabad’s 2023–24 Placement Season

According to IIT Hyderabad’s official placement statistics for the 2023–24 academic year, undergraduate placements showed a moderation in overall placement percentage compared to the previous cycle. However, the institute continued to attract high-value offers, especially at the top end.

During the 2023–24 placement season:

• 70.99 per cent of undergraduate students were placed
• The highest annual package reached Rs 90 lakh
• The average package stood at Rs 22.5 lakh per annum

These figures indicate that while recruiters were more selective, demand for top-tier talent from IIT Hyderabad remained strong.

Undergraduate Placement Performance in 2023–24

In total, 320 companies participated in the placement process during 2023–24. These recruiters made 521 offers, out of which 493 students secured placements. Additionally, 87 pre-placement offers (PPOs) were accepted by students who had earlier interned with companies.

Another notable aspect of the 2023–24 cycle was the presence of 43 international offers. Although this number was lower than the previous year, it still reflects sustained global interest in IIT Hyderabad graduates despite a tighter international hiring environment.

BTech Placements 2023–24: Packages and Percentages

Focusing specifically on the BTech programme, IIT Hyderabad reported a relatively strong outcome despite broader hiring challenges. Key highlights include:

• 74.58 per cent of BTech students placed
• Average BTech package of Rs 24.32 lakh per annum
• Highest BTech package of Rs 90 lakh per annum

The jump in the highest package is particularly significant, marking a sharp increase compared to the previous year. This suggests that while fewer students may have been placed overall, those at the top end of the talent pool benefited from premium compensation.

Recruiter Participation and Offer Trends in 2023–24

Although placement outcomes remained solid, there was a visible decline in recruiter participation and total offers. Compared to earlier years, fewer companies visited the campus, and the total number of offers dropped.

This trend aligns with broader industry conditions, where many companies—especially in technology and global markets—have adopted cautious hiring strategies. Despite this, IIT Hyderabad continued to attract a diverse set of recruiters across sectors, reinforcing its standing among engineering institutions.

A Look Back at IIT Hyderabad Placements in 2022–23

In contrast, the 2022–23 placement season reflected a more favourable hiring climate. That year, IIT Hyderabad recorded a higher overall placement percentage, though salary figures at the top end were comparatively lower.

Key overall placement statistics for 2022–23 include:

• 74.90 per cent of students placed overall
• Average package of Rs 20.07 lakh per annum
• Highest annual package of Rs 63.78 lakh

A total of 335 companies participated in the placement drive, making 621 offers. As many as 570 students were placed, and 104 PPOs were accepted. The institute also recorded 55 international offers, slightly higher than in 2023–24.

BTech Placement Performance in 2022–23

At the BTech level, placements in 2022–23 were particularly strong in terms of coverage. The institute reported:

• 82.62 per cent BTech placement percentage
• Average BTech package of Rs 24.32 lakh per annum
• Highest BTech package of Rs 63.78 lakh per annum

Although the highest BTech package was lower than in 2023–24, a larger proportion of students secured jobs. This reflects a hiring environment where companies were more open to recruiting in volume, even if top-end compensation was relatively restrained.

Year-on-Year Comparison: What Changed in 2024

A direct comparison between 2023–24 and 2022–23 highlights several important shifts:

• Placement percentages declined at both overall and BTech levels
• Total offers and PPOs reduced, indicating cautious recruitment
• International offers decreased, reflecting global hiring slowdowns
• Highest packages increased sharply, especially for BTech students

While the average BTech package remained unchanged at Rs 24.32 lakh per annum, the spike in the highest offer to Rs 90 lakh stands out as a key differentiator for 2023–24.

Highest Packages vs Placement Percentage: Key Trade-offs

The placement data suggests a clear trade-off between breadth and depth of hiring. In 2022–23, more students were placed, and more offers were made. In 2023–24, fewer students secured placements, but those who did—especially top performers—benefited from significantly higher compensation.

This pattern mirrors wider industry trends, where companies prioritise highly specialised skills and reduce bulk hiring. For institutions like IIT Hyderabad, this means maintaining strong academic and research standards becomes even more critical.

What These Trends Mean for Future BTech Aspirants

For students considering IIT Hyderabad, the placement comparison offers several takeaways. The institute continues to deliver competitive average packages, strong global exposure, and exceptional top-end opportunities. At the same time, aspirants should be aware that placement percentages can fluctuate based on market conditions.

Overall, IIT Hyderabad’s BTech placement performance in both 2023–24 and 2022–23 underscores its growing stature among IITs. While hiring has become more selective, the institute remains well-positioned to place graduates in high-impact roles across India and abroad.