IIT

IIT Delhi students bag over 400 placement offers on day one

Our Correspondent
Our Correspondent
Posted on 02 Dec 2021
17:18 PM
Around 180 PPOs have been received as of now and seven students have opted for deferred placements facility of the institute.

Around 180 PPOs have been received as of now and seven students have opted for deferred placements facility of the institute. IIT Delhi

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Summary
There has been over 45% increase in the number of offers received, and over 35% increase in the indicative compensation offered by companies
Top recruiters included Bain, Boston Consulting Group, Goldman Sachs, Graviton, Intel, Microsoft, NK Securities and Texas Instruments etc

The placement season at the Indian Institute of Technology (IIT) Delhi began on an exciting note. This placement period spans from December to May for full time hiring of the institute’s undergraduate and postgraduate students by the recruiters. Around 350+ national and international organisations offering above 750 job profiles across multiple sectors have already registered for hiring students.

There has been over 45% increase in the number of offers received by the campus and over 35% increase in the indicative compensation offered by companies visiting on December 1, 2021, in comparison to last year.

IIT Delhi students bagged over 400 placement offers including pre-placement offers (PPOs highest in past 5 years) by the end of the first day of the placement season on December 1. Many students have also bagged multiple placement offers.

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Around 180 PPOs have been received as of now and seven students have opted for deferred placements facility of the institute. Deferred placements are available to students who wish to set up a start-up post their graduation. The students choosing the deferred placement option can avail placement services once within two years after availing this option, that is up to 2023-24.

Anishya Obhrai Madan, head of Office of Career Services, IIT Delhi said, “We wish to thank and acknowledge all participating recruiting organisations for reposing their faith in our students. We are confident that given the new ways of recruiting and our scheduling paradigm; companies will be able to make good hiring decisions. We look forward to this positive hiring trend continuing for the rest of the season.”

Top recruiters on the campus on December 1, 2021, in terms of number of students recruited included Bain, Boston Consulting Group, Goldman Sachs, Graviton, Intel, Microsoft, NK Securities and Texas Instruments etc. For the first time, few organisations indicated that their salaries in India may be higher than those paid by organisations recruiting for international profiles.

Domains that have shown interest in hiring included R&D, analysts, software development, data operations etc.

This year too, the hiring processes are being conducted virtually and students have prepared innovative and newer patterns of interactions, maximising the use of technology.

Being among the top-ranked educational institutions in India and the most employable in India (Global rank 27 as per Times Higher Education Global Employability Rankings 2021); IIT Delhi provides education to students across a variety of domains to cater to the needs of the nation and industry.

“IIT Delhi is looking forward to a vibrant recruiting season for all visiting companies on the campus. IIT Delhi as a policy has decided not to mention high-value packages in their placement-related press releases,” read a statement from IIT Delhi on its ongoing placement.

Last updated on 02 Dec 2021
17:18 PM
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