This year more offers are being made at the IITs of Roorkee, Guwahati and Madras compared to the previous year. Placement offers went up by 43% on the very first day of the placement drive at IIT Madras.
In this placement season not only has the number of participating companies improved, but the offers have become more attractive too. The Indian Institute of Technology (IIT) Roorkee managed to bag the highest international cost-to-company (CTC) of Rs 2.15 crore on the first day of the final placements process, which began on 1 December, 2021. At most IITs the placement sessions carried on well into the night.
While 176 offers were made by about 34 employers at IIT Madras on the first day’s first session, about 200 offers were made by 38 companies at IIT Guwahati. The figures are much higher compared to the last academic year.
In terms of international offers, IIT Madras received 11 from four companies. The prominent names amongst the recruiters are McKinsey, JP Morgan Chase & Co., Baja Auto, Texas Instruments, Qualcomm, Microsoft, Goldman Sachs and Boston Consulting Group. Offers went up by 43 per cent on the first day of the placement session.
At IIT Guwahati and IIT Bombay, Uber offered the highest international CTC of Rs 2.05 crore in the first session of the first day of placements. Some of the known names that participated were, Google, Graviton, JP Morgan Chase, Uber, Microsoft, Bajaj, Qualcomm, Texas Instruments and Goldman Sachs.