Salary offers at IIT placements hit record high as Covid impact fades
IIT-Bombay has once again moved up in the placement charts to the numero uno position, fetching the highest annual domestic salary. But a surprise institute that has piped others is IIT-Roorkee which bagged the biggest international offer on day one — Rs 2.15 crore ($2,87,550)
Source | economictimes.indiatimes.com | Manash Pratim Gohain | Hemali Chhapia
The placement performance of IITs suffered no impact due to Covid as companies raked in big money in the 2021-22 session. After a lull in the pandemic years, the class of 2022 which was recruited in online or hybrid mode saw crore-plus jobs make a substantial comeback. On the opening day of the season, several IITians entered the crore-plus salary club, as the highest domestic package touched an all-time high of Rs 1.8 crore and international offers crossed the Rs 2-crore mark.
IIT-Bombay has once again moved up in the placement charts to the numero uno position, fetching the highest annual domestic salary. But a surprise institute that has piped others is IIT-Roorkee which bagged the biggest international offer on day one — Rs 2.15 crore ($2,87,550). Top-ranked IIT-Madras’s international package rose to Rs 1.9 crore from that of Rs 45 lakh per annum in 2020-21, while also registering a new high in its domestic package of Rs 1.3 crore. With 231 pre-placement offers, IIT-M is also top of the list among the IITs.
IIT-Guwahati, which broke into the top 50 research institutions in the QS rankings, also clocked a crore-plus domestic and international highest packages, recording its best show so far.