IIT students land plum job offers during placement drives

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IIT students land plum job offers during placement drives

Placements for this year in IIT-K started on December 1 and will continue till December 15. In IIT-Delhi,

Students of the Indian Institute of Technology, Kanpur (IIT-K) have yet again come off with flying colours in the ongoing placement drive wherein Microsoft has made an impressive offer worth Rs 1.39 crore to four students.

A stellar record has also been set by IIT-Delhi this year. Within five days of marathon placement, some 500 students have already been offered jobs.

In addition to this, placement opportunities for IIT-ians have shot up by 17 per cent from last year. Placement heads at IIT-Delhi have termed the first phase of the recruitment drill as robust - setting a positive tone for the students waiting to get placed.

According to statistics provided by the IIT-K administration, 700 out of the 950 students who have registered for the ongoing placements have been picked up by various companies.

"As per present stats, Rubric has offered Rs 1.20 crore each to two students of computer science. On the first day (December 1) of placements, Microsoft offered a package of Rs 1.39 crore each to four students," Ravi Shukla, media in-charge at IIT-K said.

Placements for this year in IIT-K started on December 1 and will continue till December 15. In IIT-Delhi, in a stunning record, 200 students were placed on the first day of placements.

Apart from Microsoft, a few noted startups too got to take their pick. The second phase of placements is likely to start from mid-January.

Anishya Madan, industrial liason officer at IIT Delhi's training and placement department said while the institute abstains from announcing packages publicly, they have seen a spike in placements for postgraduate students hailing from core engineering areas.

As per stats, students of computer science are leading in the recruitment process as 95 per cent of them have already got placed. Out of 130 students who registered, 125 have got a job.

Students of electrical engineering also attracted the attention of recruiters as about 80 per cent of those who registered for placements have been selected. Unlike previous years, students of civil engineering were successful in landing placements with a 70 per cent strike rate.

Out of 50 students who registered, 13 got packages ranging between Rs 15-20 lakh per annum, and the remaining got offers ranging between Rs 10 and 12 lakh. In a first, about half-a-dozen start-up companies are also participating in the ongoing campus drive and some others are also likely to participate in the second phase early next year.