IIT Patna Placement 2020: Student bags Rs 52.50 annual package

Despite the slowdown and economic crisis, we have witnessed a hike in the average pay package offered to the current batch of students. The next placement drive for final year BTech students will begin in the second week of January.

IIT Patna Placements 2020: The Indian Institute of Technology (IIT) Patna has successfully concluded its first placement drive. Despite the ongoing COVID-19 crisis and its impact on the job market, students at the IIT Patna managed to grab lucrative job offers from both domestic and foreign companies.

IIT Patna concluded its first placement drive on December 30, in which one final-year BTech students bagged the job offer of Rs 52.50 lakh per annum from a US-based company, as informed by the institute's placement cell. 

Training and placement officer of IIT-P, Kripa Shankar Singh, said, “The student has been asked to join the firm’s domestic branch in July. Prior to this, another student had received Rs 47 lakh in annual package from DE Shaw while another fetched Rs 43.50 lakh offer from Microsoft in early December.”

“Around 50 per cent of eligible BTech students have been placed in the first placement drive. The majority of students have been placed in IT and software development, core, research & development, consulting, finance and analytics sector. Despite the slowdown and economic crisis, we have witnessed a hike in the average pay package offered to the current batch of students. The next placement drive for final year BTech students will begin in the second week of January.”

Besides this, many undergraduate students have also secured internships in some of the leading companies. 

“Six students have received an internship offer from Google India and two students have received an international internship offer from a Japan-based firm. Internship offers are important as they open doors for pre-placement offers and students get exposure to the real working field,” Singh said.

Dr Jose V Parambil, professor in-charge of training and placement cell, said, “Even during adverse circumstances, our students have managed to fetch promising job offers. Exceptional technical skills and groomed leadership traits are the key reasons for attracting global companies.”

Read More:

• IIT Patna Courses & Fees 2021
• IIT Patna Admission 2020 for BTech, MTech and PhD