IITs Set New Highs for 2022 Investments

Indian institutes of technology across the country have experienced historic internships this year. From the highest number of vacancies to the highest packages on offer, most IITs have completed their Phase I internships. Here are some important points:

IIT Madras

The Indian Institute of Technology in Madras saw a historic spike in job vacancies during Phase I of on-campus internships for the 2021-22 academic year. A total of 226 companies made 1,085 job offers during this phase.

Of these, 19% of the students were placed in the data science and analytics sector, 18% in information technology and software development and 42% in engineering and technology. basic.

There were 45 international offers from 14 companies and 186 from 62 start-ups. Combined with the 231 pre-placement offers (PPO), which are internships, the total number of offers stands at 1,316. ​​Up to 73% of students who opted for Campus Placements received job offers. at the end of phase I which ended on December 10, 2021.

Speaking about Phase I of the Campus Internships, Professor CS Shankar Ram, Advisor (Placement), IIT Madras, said: “The quality of the academic training and the overall development of the students during their program at IIT Madras are reflected in this year’s exceptional phase I. Locations. The Institute Placement team thanks the companies that have made offers to our students and looks forward to working with other companies during phase II.

IIT Kanpur

The Indian Institute of Technology in Kanpur received 940 offers, of which 773 were accepted. IIT Kanpur received 47 international offers, and the highest package offered was $ 274,250, and Rs 1.2 crore was the highest package offered among the domestic offers. At the end of phase I, 11.5% of the total jobs offered were from the core. Companies like Axtria, EXL, Graviton, Goldman Sachs, ICICI Bank, Intel, Microsoft, OLA, Rubrik, Samsung, Quadeye, Uber, among others, participated in the placement of IIT Kanpur.

Professor Abhay Karandikar, Director of IIT Kanpur, said: “IIT Kanpur is known for its academic excellence and as a trusted institute. It is this confidence that attracts the best recruiters around the world year after year. The new heights we are witnessing so far this year are indicative of the growing confidence recruiters have in the institute and its students, despite the challenges brought on by the pandemic. We are confident and hope that we will also end the rest of the season on a good footing. “

IIT Guwahati

The Guwahati Indian Institute of Technology recorded the highest number of international offers, international packages, domestic packages and even the highest PPOs. The total number of PPOs this year is 179.

Offers made at the end of the second day of placement were 530, of which 28 were international. The highest domestic package was 1.2 crore and the highest international offer was 2.05 crore.

IIT Bombay

A total of 1,201 vacancies were accepted through December 7 at the Indian Institute of Technology in Bombay. The institute received a maximum lump sum worth 2.05 crore rupees. In total, 240 companies recruited students, among which the Rakuten group with 26 vacancies made the highest international offers. For domestic jobs, Google, Microsoft, Qualcomm, Boston Consulting Group, Airbus, Bain and company made the most offers.

IIT Jodhpur

The Indian Institute of Technology in Jodhpur saw 40 companies registered for the job placement campaign. In the first phase, 128 students were placed on the date which ended November 2, 2021. The institute also saw four international offers being made.

The IT department saw the greatest number of hires, with roles for the SDE, Analyst and Consultant profiles. Speaking on the placement strategies, Dr Anuj Pal Kapoor, Head of Faculty, Career Development Unit, IIT Jodhpur, said: “The performance of the students during the interview, as well as the support from the faculty. and the administration of IIT Jodhpur, testify to our guts and our common sense, which ensured nearly 55% of placements during the first phase. The industry aligned curriculum along with the rigor and relevance brought into the respective courses across all departments at IIT Jodhpur has enabled us to achieve this mark.

IIT Delhi

Students at the Indian Institute of Technology in Delhi received 1,250 offers during the first placement phase, which ended on December 15. In addition, the institute received 40 international offers. About 180 PPOs were received and seven students opted for deferred internships. Of the students who opted for the placement facility, 80% got job offers.

Among the students hired, 9% received offers from the Analytics sector, 30% from the core and 32% from IT.

The top five recruiters on campus in terms of number of offers included EXL Analytics, Graviton Research Capital LLP, HCL Technologies, Jaguar Land Rover India Limited and Microsoft.

IIT Hyderabad

The Indian Institute of Technology Hyderabad received 466 offers, including 34 international, in Phase I which ended on December 7. There were 36 offers from 10 start-ups this year.

The highest package offered was Rs 65 lakh. A total of 210 companies have signed up, among which top first-phase recruiters include Microsoft, JP Morgan, NTT, Flipkart, Zomato, Indeed, Meesho, and Suzuki Motor Corp. Including accepted pre-placement offers (PPO), a total of 427 students were placed in the first phase.

IIT Roorkee

Students at the Indian Institute of Technology Roorkee received 31 international offers. In total, 11 students received offers of Rs 1 crore and above, while the highest national package from this IIT was Rs 1.8 crore. The highest international offer was Rs 2.15 crore this year. The institute had 219 pre-placement offers (PPO).

IIT Kharagpur

Students at the Indian Institute of Technology in Kharagpur received 1,600 job vacancies, the highest placement among all IITs. IIT Kharagpur achieved this feat in Phase I placement which ended on December 11. The total number of international offers is over 35. The highest offer was Rs 2.4 crore. In addition, the Career Development Center (CDC) received more than 400 pre-placement offers (PPO).

Over 245 companies have participated in this placement season across all industries including software, high-level coding, analytics, consulting, core engineering companies, banking / finance, and commerce at high frequency.

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