IITs Placement- IITs are the cream of institutions in India. As 2,50,000 students strive to enter the institutions for its quality education, But the placement season is not rosy for these institutions in the past year.
Recently the IIT Hyderabad could not find full placement for its students as 46 % of students could not get placements in Indian Institute of Technology (IIT) Hyderabad in the ongoing placement season 2023-24.
IIT Hyderabad is a premier institute established in 2008 and has been consistently ranked in the top 10 institutes in India for Engineering according to National Institutional Ranking Framework (NIRF) making it one of the most coveted schools for science and technology in the country.
With phase 2 of placement season underway, 451 students have so far secured job offers out of 843 registered as of May 3, 2024. The RTI was filed by Dheeraj Singh, founder of Global IIT Alumni Support Group.
According to the figure available more than 20 percent of students remained unplaced in the last two years of placement seasons.
In 2022-23, 585 students got placed out of 762 registered (23 percent unplaced). In 2021-22, 519 received job offers out of 666 registered (22 percent unplaced).
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IITs Kanpur, Madras and Delhi are also struggling with placements. Dheeraj Singh, an IIT Kanpur alumnus, compiled data on this year’s placement based on feedback from IIT Kanpur students and an RTI reply from IIT Delhi.
Though median salary has witnessed a consistent jump in the last three years.
So far the average salary of 2023-24 placement season is around Rs 23 lakh per annum (LPA) with median salary standing at Rs 20 LPA.
In 2022-23, the average salary was recorded around Rs 17 LPA and median salary of Rs 18 LPA. The year before that, the average salary was recorded Rs 22.55 LPA and median salary of Rs 15 LPA.
Why this trend of poor IITs Placement ?
Experts have attributed the downward trend in IIT placements to the global economic slowdown.
The official from IIT-Bombay’s placement cell told HT it was tough “to invite companies to the campus compared to last year due to the global economic meltdown”.
“Most companies were unable to accept salary packages pre-decided by the institute. It took many rounds of negotiations before they agreed to come over,” he said
The effect can be felt by IIMs too as the placement was not 100 per cent because of the global meltdown.
Placement figures of Some IITs in NIRF
IIT Madras NIRF Figure 0f 2023
| Year | Number of Students Graduating in stipulate time | Number of Students Placed | Number of students for Higher Studies | No of students Not Placed |
| 2019-20 | 374 | 286 | 43 | 45 |
| 2020-21 | 338 | 292 | 17 | 29 |
| 21-22 | 388 | 297 | 78 | 13 |
IIT DelhiYear Number of Students Graduating in stipulate time Number of Students Placed Number of students for Higher Studies Number of Students not placed 2019-20 650 511 90 40 2020-21 672 541 101 30 21-22 685 621 64 Full placement
IIT BombayYear Number of Students Graduating in stipulate time Number of Students Placed Number of students for Higher Studies Number of Sttudents Not Placed 2019-20 640 464 176 Full Placement 2020-21 663 500 163 Full Placement 21-22 674 591 83 Full Placement
IIT HyderabadYear Number of Students Graduating in stipulate time Number of Students Placed Number of students for Higher Studies Number of Students Not Placed 2019-20 219 144 44 31 2020-21 273 185 12 76 21-22 268 237 21 10
IIT RoorkeeYear Number of Students Graduating in stipulate time Number of Students Placed Number of students for Higher Studies No of students Not Placed 2019-20 789 463 325 1 2020-21 773 437 299 43 21-22 790 621 165 4
IIT KanpurYear Number of Students Graduating in stipulate time Number of Students Placed Number of students for Higher Studies No of students Not Placed 2019-20 743 461 280 2 2020-21 736 356 294 figure mismatch 21-22 772 583 158 31
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