At IIT-Kharagpur, 1,000 get jobs

IIT-Kharagpur has set a record among the IITs with a little more than 1000 of its students securing jobs in the first phase of campus placements, officials said on Wednesday.

Around 1,010 students of the campus accepted job offers in the first round of placements which ended in December.

At IIT-Bombay, there were 900 offers. IIT-Delhi got about 750 offers and IIT-Kanpur had around 700.

IIT officials said Kharagpur achieved a new record with the highest number of students getting jobs in the IIT system in one phase. In addition to big names like Google, Microsoft, Oracle, Shell, Deutsche Bank, ITC, Schlumberger, Goldman Sachs, Credit Suisse, Abbott and EXL, start-ups like Flipkart and Housing.com made multiple offers in dual figures. The highest package offered was from a US-based company that has signed an

IITian for an annual salary of $125,000 lakh (Rs 77 lakh). The highest domestic package was Rs 37 lakh.

Two new dual degree programmes - financial engineering and engineering entrepreneurship - proved to be a big hit, with 85 per cent of students from those courses being placed. "The programmes not only demonstrated acceptability by the industries but projected the vision of IIT-Kharagpur for launching novel initiatives," said Sudhir Kumar Barai, in-charge of training and placement, of the institute.