GUWAHATI: A total of 686 students at the Indian Institute of Technology (IIT) Guwahati were successfully placed during the Campus Placements for the Academic Year 2020-2021.
Despite the restrictions arising out of the ongoing pandemic, IIT Guwahati conducted placements through the virtual mode in the academic year 2020-2021. A total of 140 companies had taken part in the recruitment process. As many as 444 (including PPO) out of 584 students from B.Tech and B.Des got job offers during this placement drive.
The biggest recruiters this year were Microsoft, Google, Qualcomm, Oracle, American Express, DE Shaw, Enphase, Nutanix, Walmart, Adobe, Goldman Sachs, and IBM. The institute also saw an increased recruitment from several prominent start-ups such as Ally.io, Gainsight, Harness, Thought sport, Chalo, Razorpay, Qure.ai, and Groww.
Employers offered various job profiles such as IT/Software, Finance, Analyst, Core Engineering as well as Design. Further, two PSUs have hired students from IIT Guwahati this year.
The maximum offers were made from the IT/Software sector and the highest package offered is Rs. 70 Lakh per annum.
Students from Computer Science and Engineering got the highest number of offers, followed by Electronics and Communication Engineering, Mathematics and Computing, Electrical Engineering and Mechanical Engineering.
Despite the challenges of the pandemic, the pay packages offered to IIT Guwahati students have increased during the 2020-21 academic year. The average salary offered to B.Tech and B.Des students increased to Rs. 21.41 Lakh Per Annum (LPA) during 2020-21 Academic Year compared to Rs. 20.62 LPA in the preceding year. Similarly, the compensation offered to M.Tech and M.Des students went up to Rs. 17.92 LPA compared to Rs. 16.22 LPA in the preceding year.
Further, 260 students got internship offers. Internships for MTech students have also been initiated this year and this process is still ongoing. The maximum stipend for the internship is Rs. 2 Lakh per annum. With the support of the institute administration and student volunteers, the institute could minimize the negative effect of the pandemic on the Placement season this year.
Speaking about the challenges faced by the Institute during this Campus Placement, Dr. Abhishek Kumar, Head, IIT Guwahati Centre for Career Development, said, “It has been a tumultuous year for everyone, but the students and the faculty have given their best to move forward in this academic year which has been laden with challenges. Thanks to all the employers who participated in the virtual Placements and made it a success.”
Elaborating further on the campus placements, Dr. Bithiah Grace Jaganathan, Faculty Coordinator (Placements), IIT Guwahati, said, “The students have been remarkable in coping with the current situation and the results of the placement drive are testament to the success. We have seen a trend in our recruitment process this year as a significant number of start-ups displayed interest in our students and made several offers.”
Several students opt out of Campus Placements to pursue higher studies, civil services, and establish start-ups. IIT Guwahati has an active ecosystem to support the entrepreneurial ambitions of its students.
