Indian Institutes Of Technology

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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The premier institute also continued to prove its mettle in quality research, as it emerged as the global leader in the citations per faculty (CpF) indicator in the latest rankings

A range of topics like the frontier areas of research in physics, including nanotechnology, photonics, healthcare and sustainable energy were discussed in great detail

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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

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With countries closing borders and entering into lockdowns, recruiters, especially MNCs, are revisiting their hiring plans and are either revoking offers, or postponing joining dates.

IIT Kharagpur gets more than 1,000 job offers in a record five days, with 144 companies visiting the campus till Dec 5

Microsoft, which had emerged the top recruiter last year offering a $215,100 (Rs 1.5 crore roughly) package, is expected to make a similar or a slightly higher package to IIT students on Sunday