Placement season commences at IITs
IITs have received record pre-placement offers (PPOs) this year. IITs in Chennai, Kanpur, Roorkee, Guwahati, Mandi and Jodhpur have already seen a 22-55 per cent increase in PPOs as compared to last year and 2019.
The first phase of placements across all Indian Institutes of Technology (IITs) started today (December 1). IITs have received record pre-placement offers (PPOs) this year. IITs in Chennai, Kanpur, Roorkee, Guwahati, Mandi and Jodhpur have already seen a 22-55 per cent increase in PPOs as compared to last year and 2019.
As per a report published in Hindustan Times, some top IITs have already hinted at more than one student being offered an annual package of INR 1.46 crore this year. “We cannot reveal any details of the job offers before the official confirmation. But we are definitely witnessing a rise in international postings for this batch compared to last year,” said an official from the IIT Bombay’s placement cell.
Last year, US-based IT firm Cohesity had offered the highest package of $2,00,000 (approximately INR 1.54 crore) to a student of IIT Bombay. The same company has offered the highest package this year as well.
Virtual placement interviews at all IITs
Like last year, placement interviews will be held online. “Many organisations have registered with the placement office with an intent to hire IIT Delhi graduates. There is an increasing registration for profiles related to data science, artificial intelligence and machine learning in addition to traditional profiles,” said a spokesperson at IIT Delhi.
Domestic companies are also expected to make several offers this year, with higher packages than last year. “Several public sector units have also shown interest in placements this year, and are being given preference based on student interests,” said a spokesperson at IIT Bombay, the report added.
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