IIT Kharagpur students get ₹15 lakh average salary; 51 international job offers
- IIT Kharagpur job offers were the highest this placement season
- On an average, IIT Kharagpur students got an annual salary package of ₹15 lakh
Improving its own records of past years, 1,310 students of the Indian Institute of Technology (IIT) Kharagpur have bagged job offers in the first phase of campus placement that ended yesterday. IIT officials said altogether 51 students have got international job offers, a jump of 96% as compared to last year.
"This year we created a new benchmark by placing 1,310 plus students in the first phase only. This created an all time highest digits in the history of IIT Kharagpur," the university's Career Development Centre chairman Prof. G P Raja Sekhar said.
The first phase of placement started on December 1 and continued till December 11. In the pre-placement season, 280 students got job offers.
International job offers
This year the IIT achieved a 96% growth in international offers. Students bagged 51 overseas placements. Most of the overseas job offers came from Japanese companies.
Salaries:
The median salary calculated on the available data stands at ₹15 lakh per annum. In the first phase of placement session, Honeywell, Excel, Microsoft, Barclays were the highest contributors. Honeywell India said it hired 40 interns and 36 employees from the IIT this year. The job roles are based both in India and in the company’s facility in Atlanta, US.
As a rule, IIT Kharagpur doesn't release data on highest job salary offers.
Sectors:
Prof. G P Raja Sekhar said more than 215 companies participated in the placement process. Software, analytics, consulting, core engineering companies, banking and finance are the major takers of this year. "The company mix of the first phase is fairly distributed, and the students got their placements as per their sector choice, though software, data and analytics took the lion’s share. The software and analytics sector dominates with the total sectoral company presence of 58% whereas core and banking have contributed nearly 30% and 9% respectively," he said.
Catch all theBusiness News,Education News,Breaking NewsEvents andLatest News Updates on Live Mint. Download TheMint News App to get Daily Market Updates
Business NewsEducationNewsIIT Kharagpur students get ₹15 lakh average salary; 51 international job offers
First Published:12 Dec 2019, 12:56 PM IST
- Top Gainers
- Top Losers
- 52 Week High