During the first phase of campus placement, students at the Indian Institute of Technology Hyderabad received 466 offers, the most so far. Between December 1 and 7, 104 companies participated in the placements and offered jobs to 427 institute students. Placements in Phase 2 will begin in January 2022. This year, the entire process will be conducted online.
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According to IIT Hyderabad, many Indian startups and companies are among the top recruiters this year, with 10 start-ups making 36 offers. As of today, the highest package is Rs 65 lakh, and the average package is Rs 23 lakh.
“A total of 650+ students have registered for placements across departments this year. For Phase-1 of placements, a total of 210 (as on date) companies have registered, compared with about 116 companies in Phase-1 of last year (2020-21). A total of 195 companies had registered in the whole of last year (2020-21). Including the accepted Pre-Placement Offers (PPOs), a total of 427 students have already been placed in the ongoing Phase-1 Placements for the 2021-22 Academic Year. This compares favorably with the overall students placed in the entire previous academic year (2020-21), which was 305 students (including 49 PPOs),” IIT Hyderabad said on December 8.
During the first week, the first graduating batch of IIT Hyderabad's interdisciplinary MTech programmes saw a 100% placement rate. According to the institute, the number of students pursuing semester-long internships has more than doubled to 33 in 2021-22, up from 12 in 2020-21.
“We believe in creating industry-ready talent pool and I am confident that the measures being taken for past one year will certainly fetch the appropriate dream jobs for the students. The various initiatives taken in the last two years like Semester-long Internship for BTech, Interdisciplinary MTech, Industry lectures, industry-defined MTech projects & so on, have started yielding results and we will continuously improvise on it,” Prof B S Murty, Director, IIT Hyderabad, said.
Prof C Krishna Mohan, Dean (Public and Corporate Relations) said, “We have revamped the placement office at IIT Hyderabad to Office of Career Services two years back with the sole objective to take care of overall career development of the students including the counseling to decide the appropriate career. A targeted goal is conducive to achieving, as evident from this year's placements.”
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