The Indian Institute of Technology, Madras (IIT-M) established the Aerospace Engineering department in 1969. The department boasts about faculty members from ISRO such as Dr V R Lalithambika, the first director of the Directorate of Human Space Programme, ISRO; Lazar T Chitilappilly, a former ISRO employee; Dr P B Navle, former Associate Director from High Energy Materials Research Laboratory, DRDO, and more.
Data analysis – IIT Madras Aerospace Engineering
The average salary for the Aerospace Engineering has increased significantly each year. IIT Madras Aerospace Engineering department average salary has gone up from Rs 10.4 lakh per annum in 2017-18 to Rs 18.67 lakh per annum in 2021-22.
As per the official data provided by IIT Madras, the average salary had increased from Rs 12.67 lakh per annum in 2018-19 to Rs 13.11 lakh in 2019-20, and then to Rs 14.07 lakh per annum in 2020-21.
The same trend was observed in the total number of offers as the number increased from 39 in 2017-18 to 64 in 2018-19, but saw a minor decline to 61 in 2019-20 and 56 in 2020-21. However, the number once again increased dramatically to 84 in 2021-22. This can be due to the emergence of the COVID-19 pandemic.
There is a steady rise in the number of placed students from 35 in 2017-18 to 56 in 2018-19 but decreased to 50 in 2019-20, and 49 in 2020-21. The number then, like the total number of offers, increased (to 67) in 2021-22.
The placement percentage of the Aerospace Engineering department in 2021-22 was 78, according to the IIT-Madras’s data. The department has a minimum package of Rs 6.5 lakh per annum and the maximum package in 2021-22 was Rs 46 lakh per annum.
The top recruiters of the Engineering design department are Texas Instruments, Bajaj Auto, Qualcomm, J P Morgan Chase, Proctor & Gamble, Morgan Stanley, Graviton, Mckinsey & Company and Cohesity and others.