MIT World Peace University records highest CTC at Rs 44.14 LPA

August 03, 2022 00:05 IST | ANI Press Release
Tennis player James Blake
MIT World Peace University maintains a stellar placement record

Pune (Maharashtra) [India], August 3 (ANI/SRV): MIT - World Peace University witnessed record placements for the 2022 graduating batch with an increase of 16.64 per cent in students placed as compared to the last year. In phase one of the annual placement season, students have received 1675 placements from top companies of national and international repute for multiple roles. The highest salary went up to Rs 44.14 lakhs (inclusive of sign-on bonus and ESOPs) + 2.5 Lakhs worth of employee benefits, with 3 students bagging the offer from Amazon.

In the summer placement drive for the 2021-22 batch, the average stipend offered was Rs 5900/-, the top 10 per cent average stipend offered was Rs 35000/-, the top 25 per cent was Rs 27000/- and the top 50 per cent stood at Rs 8500/-. A whopping 1756 offers were made and the placement witnessed a 14.24 per cent increase in the job offers. The freshers witnessed a sharp increase of 24.56 per cent in their average salary offered.

Pravin Patil, Senior Director - Center for Industry-Academia Partnership, said, "MIT World Peace University is known for its academic excellence and as an institute of trust. It is this trust that pulls in top recruiters from across the world year after year. The placements are indicative of the Indian economy's recovery following the second wave of the COVID-19 pandemic. Our average CTC has increased significantly, owing to our students' innovative and creative solutions, with an emphasis on critical thinking, cultural and human quotients, proving their mettle in organisations."

More than 100+ organisations took part in Campus Recruitment for 2021 and 2022. Some of the prominent companies that participated in the placement drive include - Accenture, Amazon, American Express, Apollo Tyres Ltd, HCL Technologies Ltd (HCL), HDB Financial Services Ltd., HDFC Asset Management Co Ltd, Hindustan Times, Hindustan Zinc, Hitachi Vantra, Holcim Group, HSBC Technology India, IBM, ICICI Bank Ltd. IDFC First Bank Ltd, IDIADA Automotive Technology India Pvt Ltd, Infosys Ltd, ITC Ltd, JCB India Ltd, Reliance Industries Ltd, Bosch Engineering and Business Solutions Pvt Ltd, Tata Consultancy Services Ltd (TCS), Tata Digital, Tata Electronics Pvt Ltd, Tata Elxsi Ltd, Tata Power, Tata Technologies Ltd., Tech Mahindra Ltd., Technip Energies, The Bank of Nova Scotia, TomTom India Pvt. Ltd., Torrent Gas, Unacademy, Unschool, Varroc Group, Vedantu Innovations Pvt Ltd, Veritas Technologies LLC, Vivo Mobile India Pvt Ltd., Vodafone Idea Ltd., Volkswagen Group, Welspun Corp Ltd, Whirlpool of India Ltd., Wipro Ltd., WNS Global Services, WORLEY, Xiaomi Technology India Pvt Ltd. Zensar Technologies Ltd, Zeus Learning, ZS Associates India Pvt Ltd.

Note*: The Current year is still undergoing placements. The data is as of date 15th July 2022 compared to 15th July 2021 last year.

MIT Group of Institutions was established in the year 1983 by Dr Vishwanath. D. Karad, Founder and President, of MIT Group of Institutions. Since then, the MIT Group of Institutions has grown exponentially and has made a strong impact in the field of education throughout India. Today, the MIT Group provides education in the fields of Engineering, Medicine, Pharmacy, Marine Engineering, Insurance, Distance Education, Telecom Management, Lighting, Design, Food & Technology, Retail Management, and Masters in Business Administration, School of Governance, School of Education and Hospitality Management.

MIT-WPU's multidisciplinary approach to providing a premium quality educational experience to students is what makes it one of the best private universities in the country. They implement well-researched WPU methods, which bring about a perfect balance of an academic framework reinforced through experiential learning.

To know more, visit - (https://mitwpu.edu.in)

This story is provided by SRV. ANI will not be responsible in any way for the content of this article. (ANI/SRV)


(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)


Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor