The Indian Institute of Technology (IIT), Kharagpur witnessed over 700 placement offers, including Pre-Placement Offers (PPOs), on the first day of the placement session in 2023, according to a statement from the institute.
On the first day of the placement drive, students received more than 19 overseas offers, with six of them receiving packages worth more than one crore.
“More than 61 companies offered our students various positions, primarily in software, analytics, finance-banking, consulting, and core engineering.” This includes “pre-placement offers from Apple, Arthur D Little, Da Vinci, Capital One, DE Shaw, EXL Services, Glean, Google, Graviton, Microsoft, McKinsey, Quantbox, Databricks, Square point, TSM, Palo Alto, and many more,” according to a Saturday statement.
According to the institute’s spokesperson, the interviews are being conducted in hybrid format, with a large number of organizations physically present as well.
“Reaching out to many new companies with a proper strategy has played a crucial role in overcoming the market’s lean period and upholding the institute’s legacy in this placement process,” stated professor Rajib Maity, head of IIT Kharagpur’s Career Development Centre (CDC).
This year, the CDC is sponsoring the “Academia Industry Conclave (AIC) 2023” for the first time, with the goal of bridging the gap between these two sectors.
“The central idea is to provide a platform for the departments/centres/schools to showcase their strengths and achievements in front of potential industry partners and recruiters,” Mr. Maity added.
“Most of the prominent companies had already visited the campus for internships in August 2023 and have also registered their presence for this placement season,” said Professor VK Tewari, director of IIT Kharagpur. The graduating class of 2023-24 has demonstrated great excitement and constructive faith in this placement initiative, as have employers anxious to tap into this Institute’s talent pool.”
Mr Tewari commented on the situation of the global economy, saying, “IIT Kharagpur stands tall with more than 700 offers on the first day of the placement drive, even though the current placement season is slow.”
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Source: NDTV