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The highest placement offer at IIT-Guwahati is...

By Vinay Umarji
November 29, 2021 11:29 IST
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The institute has bagged 179 pre-placement offers so far, with the highest domestic offer at Rs 64 lakh per annum.
Vinay Umarji reports.

IMAGE: IIT Guwahati. Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy iitg.ac.in

As industries recover from the COVIDd-19 pandemic, the direct impact has been felt on campus placements.

With an increasing number of companies participating in the process, the Indian Institute of Technology, Guwahati, has bagged 179 pre-placement offers (PPOs) so far.

Apart from receiving the highest number of PPOs in the last three years, IIT-Guwahati has also seen the highest domestic offer through PPOs at Rs 64 lakh per annum during the academic year 2021-22.

Most of the offers have come from sectors like information technology/software, finance and analyst and product profiles.

 

According to IIT-Guwahati, with industries recovering from the economic aftermath of pandemic, both the number of firms invited and expected to participate this year has gone up from 250 and 160 last year to 300 and 180 respectively this year.

The whole process is being conducted in virtual mode.

The hiring trend has been on the rise, specifically for technical roles, with more companies giving PPO offers through internships.

The technical profiles provided by different organisations have increased as compared to last year. Additionally, data science and quant profiles have seen a large number of openings. No sector has been affected and the core profile has remained stagnant, as compared to last year.

Meanwhile, it is expected that the rising PPOs will reduce the institute's dependence on final placement.

Major companies that are hiring from Day One include Google, Microsoft, Apple, Oracle, Sprinklr, JP Morgan and Chase, Goldman Sachs, Bajaj, Uber, Schlumberger, Graviton, Amazon, Texas Instruments, Qualcomm and Nvidia, among others.

Last year, the institute had received a few international offers from Japan. This year, it expects that number to increase.

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Vinay Umarji
Source: source