IIT Dhanbad (ISM) - Indian Institute of Technology (ISM)

When it comes to petroleum engineering in particular, IIT (ISM) Dhanbad has got no match all across India. If we talk about last 2-3 years, almost top 60% (GPA wise, good communication skills, good CV) of the total strength (100 - 110) got placement in core companies like Schlumberger, Shell, Cairn India, Halliburton etc. which is above Rs 10 to Rs 12 lakhs per annum. Rest of them have to accept either the placement offers of IT companies or have to go for further studies. There is a very little scope of off-campus placements in India. Quality placements are very good but quantity placements are not so good in core companies - this means that average package and percentage of batch placed is not that great as compared to other branches of IITs, but ISM, Dhanbad has recently been recognized as Indian Institute of Technology. It may take time to get more quantity of placements, but it may improve in years. In 2017, out of 97 students who appeared for the placement process in total, almost 35 students grabbed the core company job. Some of the students joined the non-core one.
The recent placement statistics of 2017 session is mentioned in the link given below:-
http://iitism.ac.in/result/2017.pdf
Hope this helps! All the Best!

After getting tagged to IIT on September 6 2016, DMS IIT ISM Dhanbad has come under Tier-1 college. Its MBA programme is growing tremendously with respect to their student's profile, batch strength, placement scenarios, and other additional professional activities. Students are getting a plethora of opportunities from the fortune companies for Internship and Placement. DMS now has also become a part of IIT ISM Dhanbad core placement cell. From this year onward, IIT ISM Dhanbad will cater the placement activities of DMS IIT ISM Dhanbad.
Below are the key points which will provide you a broader view of DMS, IIT ISM Dhanbad.
Student Profile: The student profile boasts of a rich and diverse background both academic and professional with prior work-experience (2-10 years) in fields ranging from consulting, software technology, marketing, finance, teaching, and pharmaceuticals.
Faculty: The faculty, well-known and highly respected in their respective academic fraternities, is really what distinguishes IIT ISM Dhanbad from the other business schools. They are among the best minds in the country, especially in the fields of Strategy, Human Resource, Finance, Economics, Marketing and Operations, and share among themselves a wealth of industry experience. This affords the Institute an extensive network of contacts which are instrumental in getting consultancy assignments, live student projects and industry inputs so essential to quality management education.
Tuition Fees: The fees for MBA Batch 2017-19 were 3.6 lakhs (Tuition Fees which is very much less if we compare it with other IITs/IIMs. The market is very much fragile so think twice before investing as the students with good academic background have secured a package around 11-13 lakhs package. Students get Tuition Fee waiver from government according to some norms and conditions.
Placements: Till last year placements were good and almost all the eligible student was placed.
Maharatna companies also visited many times for placement and internship. But this year after getting tagged to IIT we are expecting a major change and we can observe them. We are also expecting Maharatna for recruitment this year. Our seniors got their paid internship in Outlook, SBI, IOCL, Tata Steel, Tata Power, ITC, Mecon India, HAL, NHPC, Elect steel, IDBI Bank. And regarding placements this time there are many companies lined up for recruitment. Being a Tier-1 college, the college has also put a benchmark of the package.