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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

(This story originally appeared in  on Aug 14, 2022)

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.

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Source
economictimes.indiatimes.com
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