June 25, 2022
Campus Placement is undoubtedly the most crucial phase in a college student’s life. It offers them in-door opportunities to start their professional career in their desired direction just after completing their college degrees and build a concrete foundation for their long-term career goals. This year also, the placement drive was carried through virtual mode in the wake of the ongoing pandemic. Compared to last year, this year’s placements were significantly better. A massive spike in the total number of offers as well as the highest CTC was observed.
In both phases, a total of 1723 offers (including PPOs) were made by several companies. This year, the highest CTC offered was a staggering 2.4 Cr, the highest CTC ever offered in any IITs. Also, a significant rise in median CTC across all the branches was observed.
Phase 1 + PPO
The first phase of the Placement drive this year was unprecedented in many ways. While the last year saw a slight dip in numbers, this year saw a massive rise. Multiple records were broken, and new heights were reached. This year saw the tally of offers reaching 1000+ marks in the record time of 3 days. By the end of Day 3, almost 1300 offers (excluding PPOs) were made. With over 20 – 1Cr+ offers and 2 – 2Cr+ offers, this year also saw a substantial rise in the median CTC.
With a total of 1252 offers (excluding PPOs), This year, the top recruiter was EXL, followed by OLA and Tiger Analytics. There were 42 offers from foreign companies.
Recruiters this year mainly comprised Private Companies (49.3%), and MNCs (39.8%). The booming startup culture in India also left its imprint, as nearly 10% of the recruiters were Startups.
Branch Wise Analysis
Following previous years’ trend, this year again saw the circuital departments ahead of others in terms of percentage placed as well as pay packages, with Computer Science(CS) being at the top again followed by Electronics and Electrical Communication(ECE) and Electrical(EE). Like last year the Highest CTC was offered to a student from the Department of Electronics and Electrical Communication (ECE). Median CTC was highest for the Computer Science(CS) branch, followed by Mathematics(MA) and Electronics and Electrical Communication(ECE). Again, this year, the maximum offers were bagged by Dual Degree students, Followed by B.Tech and M.Tech.
CTC data is taken from ERP and some changes made late by the company are not accounted for.
Course Wise Analysis
Sector Wise Analysis
City Wise Analysis
Out of the offers made in Phase 1 and PPO, 44 were international offers. In India Bengaluru (535) leads, followed by Mumbai (329) and Gurugram (262).
Comparison With Last Year
With an increment in the number of companies visiting, added to the void created due to Covid, this year experienced a massive escalation in the number of offers made. Almost all departments saw steady growth in the percentage of students placed and the median CTC compared to the last year.
Phase 2
Recruiters
With a total of 84 offers in Phase 2 this year, the top recruiter was Bridgei2i, followed by Byjus and Mahindra & Mahindra Ltd.
Branch-Wise Analysis
This year in Phase 2 the department of Agricultural and Food Engineering(AG) is leading, followed by the Departments of Mechanical(ME) and Electrical Engineering(EE) in the number of recruitments.
Course wise analysis
This year the maximum offers were bagged by M.Tech students (49), Followed by B.Tech (15) and Dual Degree (5).
Sector wise analysis
Following the trend of the last couple of years, this year too in Phase 2 IT/Software sector (23.53%) constituted the highest offers, followed by Analytics (20.00%), Automobile (9.41%) and Core Engineering (7.06%).
Awaaz, IIT Kharagpur extends its heartiest congratulations to all the placed students and wishes them luck in their future endeavours. Several new benchmarks were set, and students reached new heights this year. The feat achieved this year would never have been possible without the support and efforts of the Career Development Centre (CDC). We want to extend our gratitude and appreciation to the whole team for their efforts, and we’re optimistic that it will continue to set new standards for the future.
The data collected is from various independent sources and there might be some discrepancies between the actual data and the data presented here.