KHARAGPUR, 1 DEC: In a remarkable display of talent and industry collaboration, the Indian Institute of Technology, Kharagpur, has set an impressive milestone by securing over 700 placement offers, including Pre-Placement Offers (PPOs), on the opening day of its placement season for the academic year 2023-24. The placement drive, initiated during the early hours today, witnessed a robust participation of students at the Nalanda complex, with more than 61 companies extending a diverse range of roles.
The roles offered spanned across software development, analytics, finance-banking, consulting, and core engineering. Notable companies participating in the first round of placements include industry giants such as 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 several others.
Among the significant highlights were the Pre-placement offers extended by renowned companies, underlining the confidence these organizations place in the caliber of students at IIT Kharagpur. The first day of placements also saw more than 121 profiles being opened for students, with an impressive count of over 15 international offers. Astonishingly, six students were offered packages exceeding INR 1 Crore CTC on the inaugural day of the placement drive.
The placement interviews are being conducted in a hybrid mode, with a substantial number of companies choosing to be physically present on the campus. The hybrid approach allows for a seamless interaction between recruiters and students, providing a dynamic platform for the placement process.
Prof. Rajib Maity, Chairperson of the Career Development Centre (CDC) at IIT Kharagpur, attributed the success to a proactive strategy in reaching out to new companies. “Reaching out to many new companies with a proper strategy has played a very crucial role in defeating the lean period of the market and upholding the legacy of the institute in this placement process,” stated Prof. Maity.
Adding an innovative touch to the placement season, IIT Kharagpur’s Career Development Centre is hosting the “Academia Industry Conclave (AIC) 2023” for the first time. This conclave aims to bridge the gap between academia and industry, providing companies with insights into cutting-edge research and projects at the institute. Prof. Maity, the brain behind AIC, emphasized that the central idea is to create a platform for departments, centers, and schools to showcase their strengths and achievements to potential industry partners and recruiters.
Prof. V K Tewari, the Director of IIT Kharagpur, expressed confidence in the students and the institute’s standing despite global economic concerns. He highlighted the enthusiasm and constructive confidence displayed by the graduating batch of 2023-24 and the eagerness of companies to tap into the talent pool of the institute.
Prof. Tewari stated, “Even when the current placement season is slow, IIT Kharagpur standing tall with more than 700 offers on the first day of the placement drive is itself a manifestation of the testimony for producing quality individuals and providing excellence in education.”
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