The total number of students placed in 2020-21 is 686 out of 1,200 registered students, accounting for 57.16%. The corresponding figure for 2019-2020 was 692 out of 1,060 or 65.28%. However, this year more students from the MA programme found placement compared to last year.
The silver lining is that the average salary for B.Tech and B.Des students has gone up to 21.41 lakhs per annum, an increase by around Rs 79,000, if compared to the previous year. In M.Tech and M.Des, the hike in salary has been even more encouraging, with a growth of about 1.70 lakh, if compared to the 2019-20 placement season.
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Dr Abhishek Kumar, head of the IIT-G Center for Career Development, said that considering the unanticipated pandemic situation across the globe, the placement figures should not be considered as a ‘decline’ but as an ‘achievement’ for the students. “They could overcome the challenge posed by the pandemic and secure their future,” Kumar said.
Because of the pandemic, he said, there have been different kinds of job profiles in demand. But many of the sectors are giving ‘work from home’ based assignments. “The increased popularity of online tools can be collective reasons for an increase in salary packages,” Kumar added.
Figures furnished by the premier technology institute stated that in B.Tech and B.Des, 76.02% of the registered students (444 out of 584) have got placed in 2020-21. In M.Tech and M.Des, 43.32% placements could be achieved, which accounts for jobs to 211 out of the 487 students registered.
In the 2019-20 placement year, the placement records for B.Tech/B.Des and M.Tech/M.Des were 87.52% and 51.84 respectively.
The biggest recruiters this year have been Microsoft, Google, Qualcomm, Oracle, American Express, DE Shaw, Enphase, Nutanix, Walmart, Adobe, Goldman Sachs and IBM. “We also witnessed an increase in recruitment from several prominent startups such as Ally.io, Gainsight, Harness, Thought sport, Chalo, Razorpay, Qure.ai and Groww,” said Kumar. The placement drive at IIT-G was conducted in the virtual mode due to the ongoing pandemic. A total of 140 companies from various sectors participated in the recruitment process.
“Students are placed in various profiles such as IT/software, finance, analyst, core engineering as well as design. Further, two PSUs have hired students this year. The maximum offers were made from the IT/software sector and the highest package offered is Rs 70 lakh per annum,” said Bithiah Grace Jaganathan, faculty coordinator, placement at IIT-G.
Students from the computer science and engineering branch got the highest number of offers, followed by electronics and communication engineering, mathematics and computing, electrical engineering and mechanical engineering.
Further, 260 students got internship offers. The maximum stipend for the internship has been Rs 2 lakh per annum. “With the support of everyone from the administration to student volunteers we could minimize the negative effect of the pandemic on the placement season this year,” Jaganathan said.