If i am not wrong then you must be asking about the Doms( Department of Management Studies) in IIT Madras.
IIT M has been one of the top institute in India. MBA was being offered in IIT Madras under Department of Humanities & Social science in form of M.Tech(Industrial Engineering) since 1959. MBA program commenced in IIT from 2001. Department of Management studies came into existence since 2004 and has been offering the course since then. ( Careers360).
Career360 has ranked DoMS IIT-M overall 5th for a consecutive second time, though the department never dwells upon the rankings too much.
Placements have been good with companies like Google, Amazon, Avalon consulting, StanChart, RBS, CTS etc being the major recruiters. The median CTC for 2016 placement was 12 lakh (source- DoMS IIT-M official website).
The Institute also provides an opportunity for international student exchange programs and summer/winter internship with top companies.
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