IIT - Placement, Salary and All Details
The Indian Institutes of Technology (IITs) are a group of 23 autonomous engineering and technology-oriented public higher education institutes in India. They are among the most prestigious universities in India and are considered to be among the best engineering and technology universities in the world.
The IITs were established by the Indian government in the early 1950s to train scientists and engineers to support the country's economic and social development. The first IIT was established in Kharagpur in 1950, and the most recent was established in Tirupati in 2015.
The IITs offer undergraduate, postgraduate, and doctoral programs in a wide range of engineering and technology disciplines. They also offer a variety of interdisciplinary programs, such as management, science, and humanities.
The IITs are highly selective, and admission is based on the results of the Joint Entrance Examination (JEE), which is a national-level entrance exam for engineering and technology programs. The JEE is one of the most competitive exams in India, and only the top 1% of applicants are admitted to the IITs.
The IITs have a strong alumni network, and their graduates are employed by leading companies and organizations around the world. The IITs have also made significant contributions to the Indian economy and society.
The IITs are a national treasure, and they play a vital role in India's economic and social development. They are also a source of pride for the Indian people, and they continue to produce world-class engineers, scientists, and entrepreneurs.
Top companies which recruit IIT students along with Expected average Salary
- Google: INR 35 LPA
- Microsoft: INR 32 LPA
- Amazon: INR 30 LPA
- Apple: INR 28 LPA
- Goldman Sachs: INR 27 LPA
- Texas Instruments: INR 25 LPA
- Qualcomm: INR 24 LPA
- Flipkart: INR 23 LPA
- Uber: INR 22 LPA
Highest salary after IIT
The highest salary offered to an IIT student after graduation was INR 2.68 crore. This offer was made by a company in Japan.
Placement process in IIT
The placement process at IITs is a highly competitive process that is conducted by the placement office of each IIT. The placement office is responsible for inviting companies to the campus, coordinating the interview process, and negotiating salaries.
The placement process typically starts in the second semester of the final year. Companies start visiting the IITs in the summer of the final year. The placement process is divided into two phases: the first phase is the pre-placement offer (PPO) phase, and the second phase is the on-campus placement phase.
In the PPO phase, companies offer jobs to students before they graduate. These offers are typically made to students who have interned with the company or who have a strong track record of academic performance.
On-campus placement phase
The on-campus placement phase is the main phase of the placement process. During this phase, companies come to the IITs to interview students for full-time positions. The interview process typically includes a written test, a technical interview, and a HR interview.
The placement process is very competitive, and only the top students are able to secure offers from top companies. The average salary for IIT graduates is around INR 25 lakhs per annum.
Here are the steps involved in the placement process at IITs:
Preparation: Students start preparing for the placement process in the second semester of the final year. They attend workshops and seminars, and they practice for the written tests and interviews.
Company visits: Companies start visiting the IITs in the summer of the final year. They hold presentations and conduct interviews with students.
Shortlisting: The placement office shortlists students based on their academic performance, their extracurricular activities, and their performance in the written tests and interviews.
Offers: Companies make offers to shortlisted students. The offers typically include a salary, a bonus, and a signing bonus.
Joining: Students who accept offers join the companies after graduation.
The placement process at IITs is a rigorous but rewarding process. It is an opportunity for students to showcase their skills and talents, and it is a chance to secure a great job with a top company.
Some of the most notable achievements of the IITs:
The IITs have produced some of the most successful entrepreneurs in India, including Azim Premji, N. R. Narayana Murthy, and Ratan Tata.
The IITs have also produced some of the most successful scientists and engineers in India, including C. V. Raman, Homi Bhabha, and Satish Dhawan.
The IITs have played a major role in the development of India's space program, nuclear program, and information technology industry.