IIT Placements

The official UCEED 2023 results have been made available on the website of IIT Bombay. The result of the entrance exam can be viewed on the official website at uceed.iitb.ac.in

IIT-Kharagpur concluded its first phase of 2021-22 placement session in the second week of December, with over 1,600 job offers and 900-plus internship opportunities, a statement issued by the institute said. The season had begun with more than 500 pre-placement offers (PPO), which soon jumped to 1000-plus offers on the second day, "a milestone across all IITs", the statement said on Saturday. The institute recorded 48 offers in the CTC range of Rs 50 lakh to Rs 2.64 crore. Over 45 plus offers came from international companies, the statement said. This year, five foreign students also secured jobs at the session. More than 300 companies participated in the first phase across various sectors, including software, analytics, consulting, core engineering companies, banking and high-frequency trading. Companies that recruited students in the just-concluded session are Airbus, Accenture Japan, Da Vinci Derivatives, Excel, Google, Microsoft, Qualcomm, Squarepoint Capital, N K Securities

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Why are stock market players recruiting IIT graduates?

Besides IT and tech companies, trading firms, data management companies and investment banks have shown an increased interest in placement events across major IITs this year. What's the trend here?

The candidates that got an offer for over Rs 4 crore were offered an international posting by the trading firm Jane Street

A total of 25 offers with pay packages in excess of Rs one crore per annum were extended at the end of Session 1.1 on Day One of the recruitment process at IIT Madras

The highest packages at IITs for this year may come for domestic roles, unlike last year when international roles offered the highest salaries

IIT-Guwahati on Monday said that it has registered an over 21 per cent increase in pre-placement offers during the current fiscal. A total of 218 such offers have so far been received this year, against 179 during the entire 2021-22, it said in a statement. Pre-placement offers will continue to be made till the commencement of campus placements, which is scheduled for December 1, it added. IIT-Guwahati director TG Sitharam said, "I am happy to see the significant increase in pre-placement offers this year. The pre-placement offers made this year shows the hard work of students has paid off well." A major factor behind this performance is the strong internship program, the statement said. The highest pre-placement offers this year was Rs 1.20 crore as compared to Rs 56 lakh the previous year, the statement said. The companies that made the highest number of pre-placement offers this year are Microsoft, Oracle, JP Morgan and Samsung Research-Bangalore.

The top recruiters of the year include EXL Service, OLA Mobility, EY India, American Express, Microsoft India, IQVIA, Larsen & Toubro, Enphase Energy, Qualcomm, and Kotak Mahindra Bank among others

Average salary during job placements touches Rs 16.5 lakh, says V Kamakoti about institution ranked as India's best in higher education

Consulting sector's share of the total 631 offers made was as much as 49%

Tech giant Microsoft made almost 60 offers while Rakuten Mobile, Japan, tops the list of international offers

Indian Institute of Technology Kharagpur students have received more 1,600 job offers, the highest placement among all IITs, a statement issued by the premier institute said

Agreement includes campus recruitment opportunities for postgraduate students of the premier institute.

Out of 773 students placed so far, 55 per cent are graduates and 45 per cent are undergraduates

The premier institute also saw a jump in international offers made in the first two days from a total of four offers last year to 28 this year

Over 350 national and international organizations offering above 750 job profiles across multiple sectors have already registered for hiring students as of now, they said

More than 20 selections for international profiles have been confirmed up to now

Some of the second-generation IITs that Business Standard spoke with have seen more job offers from the start of the first phase of final placements to date than compared to the previous year

Roorkee has so far topped the charts in this area with a 33.3% rise to Rs 80 lakh, from Rs 60 lakh last year