Indian Institute of Technology (IIT), Hyderabad has received 466 job offers in its first phase of campus placement. The top recruiters are companies like Indeed, Flipkart, Infurnia, JP Morgan, Meesho, Microsoft NTT AT, Newzera, Silicon Labs, Suzuki Motor Corp, TSMC and Zomato.
The institutes all over the country have witnessed a significant surge in job placements and offers. A highest of over Rs 2 crore has been offered by Uber to a student of IIT Varanasi.
IIT Hyderabad has seen the highest number of placements so far. As many as 104 companies participated in the placement season and offered jobs between December 1 and 7.
However, the phase 2 placement will begin in January 2022 and the whole process will be conducted online.
“A total of 650+ students have registered for placements across departments this year. For Phase-1 of placements, a total of 210 (as on date) companies have registered, compared with about 116 companies in Phase-1 of last year (2020-21). A total of 195 companies had registered in the whole of last year (2020-21). Including the accepted Pre-Placement Offers (PPOs), a total of 427 students have already been placed in the ongoing Phase-1 Placements for the 2021-22 Academic Year. This compares favourably with the overall students placed in the entire previous academic year (2020-21), which was 305 students (including 49 PPOs),” IIT Hyderabad said on December 8.
Many Indian-based startups have offered jobs to students. A total of 36 jobs have been offered by 10 start-ups this year with the highest package of Rs 65 lakhs and an average package of Rs 23 lakhs.
Students graduating in Mtech programmes at IIT Hyderabad have seen 100 per cent placement.
“We believe in creating an industry-ready talent pool and I am confident that the measures being taken for the past one year will certainly fetch the appropriate dream jobs for the students. The various initiatives taken in the last two years like Semester-long Internship for BTech, Interdisciplinary MTech, Industry lectures, industry-defined MTech projects & so on, have started yielding results and we will continuously improvise on it,” Prof B S Murty, Director, IIT Hyderabad added.
