Sunday, May 19, 2024
HomeJobsNIT Rourkela placement: 20 students bag Rs 46.08 lakh annual package

NIT Rourkela placement: 20 students bag Rs 46.08 lakh annual package

The National Institute of Technology (NIT), Rourkela recorded a 100 per cent campus placement in Mining Department, with nearly 20 students receiving an annual pay package offer of Rs 46.08 lakh per annum.

This year, the institute claims of receiving the highest ever annual pay package. As many as 325 companies offered 1274 on-campus opportunities in this year’s placement drive with 138 students having received offers of more than Rs 20 lakh per annum.

Read | IIT-Madras management students record 100% placement; average salary at Rs 16.66 lakh

There has been an increase of nearly 20 per cent in the average CTC, and the annual packages have increased from Rs 9.36 lakh per annum in 2021 to Rs 11.20 lakh per annum in 2022. Additionally, as many as 403 students got prestigious paid internship offers with an average stipend of around Rs 40,000 and the highest stipend of Rs 1.25 lakh per month from global companies such as Microsoft, Tata Steel, Oracle, Qualcomm, Texas Instruments, Barclays, Disney+Hotstar, Mathworks, SAP Labs and American Express, among others.

Most Read 1Tiger 3 box office collection Day 1 early reports: Salman Khan actioner eyes biggest Diwali day in Bollywood history 2Pakistani fisherman becomes millionaire overnight after selling rare fish 3India vs Netherlands, World Cup 2023 Highlights: Rohit Sharma, Virat Kohli among wickets as IND defeat NED by 160 runs 4Vidhu Vinod Chopra recalls gifting Rolls Royce worth Rs 4.5 crore to Amitabh Bachchan: ‘He tolerated me’ 5Tiger 3 movie release and review LIVE UPDATES: Salman Khan film trends towards Rs 60 cr earning on day 2, all eyes on if it can trump Jawan records

The highest average CTC — Rs 20.88 lakh per annum — has been recorded by the B.Tech course of the Computer Science Department. In this department, Microsoft, Google, Amazon, and Oracle recruited a majority of the students. The next highest average CTC of Rs 17.27 lakh per annum was recorded by the Electronics and Communication Engineering Department with major semiconductor recruiters such as Qualcomm, Texas Instruments, Micron, Mediatek, AMD, and Intel, among others.

Also read | Indian Air Force, UPSC, DDA, HPTET and more: Top government jobs to apply this week

Amongst the different sectors, Software and IT Services has emerged as the top recruiter with 33.28 per cent of total recruitment, followed by Core Engineering (25 per cent), and Analytics and Consulting (18.72 per cent). The rest of the offers are from diverse sectors including Electronics, Finance, Education, Design, and Healthcare.

Also ReadBPSC 69th CCE 2023 prelims result announced; link at bpsc.bih.nic.inUPSC CSE Mains 2021: Here's what IAS Sarthak Agrawal suggests on attempti…Change in the UPSC exam pattern over the yearsNABARD Grade A (RDBS) 2023 prelims result declared, mains exam on Nov 19Festive offer

This year, the institute onboarded nearly 100 new recruiters, in addition to the companies that had hired candidates from the institute last year. In addition to global companies such as Apple, Google and Visa, a lot of PSUs such as BPCL, GAIL, EIL and BEL participated in the campus placements this year, making the total number of companies to be 325.

© IE Online Media Services Pvt Ltd

RELATED ARTICLES
- Advertisment -

Most Popular