Chennai, aug 8 (UNI) The Indian Institute of Technology-Madras (IIT-M)
has recorded the highest ever number of job offers received during
campus placements in an academic year.
A total of 1,199 job offers were received from 380 companies during
Phases I and II of campus placements for 2021-22 academic year.
In addition, 231 pre-placement offers (PPOs) were also received from
students’ summer internships.
This has led to a total of 1,430 job offers, which is significantly higher
than the previous highest of 1,151 job offers recorded during the
2018-19 academic year, a release from IIT-M said today.
This also included 45 international offers from 14 companies, which
is also a new record high. Further, 131 start-ups made as many as 199
offers during the Phases I and II of campus placement.
All the 61 MBA students were also placed this season, recording 100
per cent placement for the Department of Management Studies, IIT-M.
The average salary received by students during campus placements for
2021-22 is Rs. 21.48 lakh per annum. The highest salary offered is
USD 250,000.
As many as 80 per cent of students who opted for campus placements
during 2021-22 have received job offers during placement 2021-22.
Prof. C. S.Shankar Ram, outgoing Advisor (Placement), IIT-Madras,
said “placements reflect a quantifiable outcome of the value-addition
to students at an academic institution. We are thrilled that our students
have done exceptionally well in the 2021-22 placements that have led
to record-high job offers.”
“This is a testament to the exceptional curricular training and co-curricular
opportunities received by our students at IIT Madras", he said.
A total of 45 international offers were made in Phase-I of which 11 offers
came from Rakuten Mobile, Inc.
Other international offers came from Glean, Micron Technologies, Honda
R&D, Cohesity, Da Vinci Derivatives, Accenture Japan, Hilabs Inc., Quantbox
Research, MediaTek, Money Forward, Rubrik, Termgrid and Uber.
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