An RTI by Indian Institute of Technology Kanpur alumnus has revealed that over 7,000 IIT students are yet to be placed across all 23 of its campuses
In the IIM Indore placements, the stats for 2024 comprised of the average CTC at Rs 25.68 LPA, while the middle CTC remained at Rs 24.50 LPA and the highest at Rs 1 crore yearly
Consulting firms led with the highest number of offers, followed by finance and FMCG firms
Moreover, the committee also expressed concern over the persistent instructor vacancies in the ITIs and low enrollment levels
Demand by employers shows a thaw in hiring freeze in some sectors, says trend shows a thaw in hiring freeze in some sectors
Inviting more firms for placements, tap into stronger, better-performing sectors
However, IT companies have also been strategic in the extent of hiring cuts that have varied from campus to campus
Industry analysts add companies hired in a big way in FY21. With a sudden global slowdown they will go slow and it is evident in the hiring targets for FY22
In its first iteration, the government was able to enrol two million candidates, but it could certify 1.5 million and place only 0.3 million
A combination of lower requirements and higher interest rates are said to have acted as a dampener
Average CTC of top-50% of students at Rs 24.15 lakh; a total of 77 companies recruited 208 students under campus placement programme
The highest domestic offer tops Rs 60 lakh, made by BFSI sector
Placement process concludes with a rise of 10% in highest international salary
Post-ISB salary up by 173% over pre-ISB salary
Final placement process to begin from February 8
Average package up 6% to Rs 25.01 lakh, all 572 candidates from two programmes placed
Highest domestic package is for Rs 1.68 crore per annum this year compared to Rs 64 lakhs per annum in 2020.
While most of the campuses are yet to wrap up the first phase of placements, which began on December 1, some of the older IITs have witnessed a significant jump in salary packages
Tech giant Microsoft made almost 60 offers while Rakuten Mobile, Japan, tops the list of international offers
Out of 773 students placed so far, 55 per cent are graduates and 45 per cent are undergraduates