Not only America and England, many countries are facing economic depression. Its effect was also seen on the placement of IIT Kanpur. While the packages of companies have remained low, the total number of job offers and the number of those accepting them have also decreased. Especially the international offer has decreased by almost three and a half times. 2022, where 74 students got jobs abroad in the first phase of the placement drive. At the same time, this year this number is only 22. Similarly, 1128 students got jobs in the first phase last year which has reduced to 913 this year.
The first phase of the placement drive in IIT Kanpur has ended on 15th December. The organization released its report on Friday after receiving the final report of the drive, which began on December 1. According to this, a total of 989 job offers have been received in the first phase of the season 2023-24, out of which 913 offers have been accepted by the students. This has a total of 22 international offers. This year, the institute’s graduating students received an average package of Rs 26.27 lakh. Institute Director Prof. S Ganesh congratulated the selected students. Placement Incharge Prof. Raju Kumar Gupta said that the second phase will start in the second week of January 2024.
These companies offered jobs
Microsoft, Fujitsu, Samsung, Reliance, Goldman Sachs, McKinsey, Texas Instruments, Doutsche Bank, Tata Projects, Navi, Uniorbit, ICICI Bank, EXL, NPCI, Intel, Bajaj Auto, Tata Steel etc.
IIT BHU: Awarded in Pre-Placement Rs. 1.68 crore package, not even half the offer of minimum pay.
Fewer jobs were found abroad
According to IIT records, the number of international offers is less compared to previous years. Last year, the number of students who got the package of more than 1 crore was 33, while this year the institute has not disclosed the figure. This year, instead of announcing the international and domestic maximum package, the organization has given information about the average package. This year only 22 students got jobs abroad. 74 students in 2022 and 47 in 2021 got jobs abroad.
Job offer to 1050 students of IIT Delhi
In the first phase of campus placement, 1050 students of Indian Institute of Technology Delhi were offered jobs by companies in India and abroad. This also includes Pre-Placement Offers (PPO). The core-technical sector accounted for the highest number of jobs at 42 percent. In the first phase, 1050 students got offers from 20 international companies. These companies are located in Hong Kong, Japan, Netherlands, Singapore, South Korea, Taiwan, United Arab Emirates, United Kingdom and United States. Air India, Microsoft, Texas Instruments, Goldman Sachs, Bajaj Auto and Ola Electric are the most preferred by students. Prof. Incharge of Career Services Office at IIT Delhi. R. Ayothiraman said that we have performed well in the first phase of the placement session. We congratulate the students for their hard work and success.
He said that 42 percent students scored in core technical field, 22 percent in information technology, 11 percent in consulting, 9 percent in analyst field, 9 percent in management field, 6 percent in finance field and 1 percent students scored in teaching and research. a job