Newer IITS too see record placements on Day Two

While their older counterparts continued to witness international and domestic offers being made on the second day of the final placement process, the newer Indian Institutes of Technology (IITS), too, saw a rise in offers this year.

For instance, IIT Mandi this year has seen average salary rise 13 per cent, median salary 16 per cent, and maximum salary 9 per cent, compared to last year.

Already 137 students have been placed with 102 companies at IIT Mandi with an all-star line-up of recruiters including Google, Microsoft, Samsung Bangalore, Adobe, Walmart, Sprinklr, Paytm, Amazon, Indeed, Cashfree, Nference, Flipkart, Mindtickle, Texas Instruments, Nvidia, Qualcomm, Ceremorphic, Inc., Addverb Technologies, Larsen & Toubro, ZS, Deloitte, Viscadia, Capgemini, KPMG International, Tata Consultancy Services, Reliance Jio, and LTI, among others.

Job offers at IIT Mandi were made in profiles such as product engineer, research and development (R&D), software engineer, hardware engineer, business analyst, financial analyst, marketing analyst, graduate engineer trainee, consulting, product management, datascience, apart from other sectors.

On the placement process, Tushar Jain, advisor, career and placement cell, IIT Mandi, said, “The current placement drive at IIT Mandi can be seen as the benchmark drive with respect to the previous years. In this drive, the institute has noticed significant growth in terms of the number of offers and an increase in participation from diversified companies.”

Moreover, 51 students from IIT Mandi have already got pre-placement offers before the commencement of the actual placement drive, with the institute also receiving seven international offers this year from companies, including Accenture, Enjoy, LLC, and Weathernews Inc., among other recruiters from Japan.

Similarly, joining the likes of IIT Guwahati and IIT Bombay, IIT (BHU) Varanasi, too, saw the highest package of ~2 crore by Uber. In fact, five IIT (BHU) Varanasi students got selected at Uber, of which one bagged an offer in the US office of the firm. In the first phase of placements, 55 companies gave 232 offer letters to students with an average package of ~32.89 lakhs per annum and a minimum of ~12 lakhs.

Meanwhile, by the first half of the second day of placements, IIT Roorkee had seen 42 companies participate, including the likes of Accenture, American Express, Dream11, Flipkart, Groww, Mastercard, Paypal India, Razorpay, and others.