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Over 700 placement offers on Day 1 for IIT Kharagpur

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Kharagpur: IIT Kharagpur has bagged more than 700 placement offers including Pre-Placement Offers (PPOs) on the very first day of the placement session 2023, the premier institute announced on Saturday.

Phase-I of the premier institute’s placement process for 2023-24 has started during the early hours of Friday with all the students participating physically in the Nalanda complex within the campus.

An IIT Kharagpur release said more than 61 companies offered various roles to the students mainly in the profile of software, analytics, finance–banking, consulting and core engineering.

This included the 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 a number of other companies which participated in round one of the placement process.

More than 121 profiles have been opened for the students who received over15 international offers with six students being offered more than Rs 1 crore CTC on the first day of the placement drive.

Companies are conducting the interviews in the hybrid mode, with significant number of them present physically as well.

“Reaching out to many new companies with proper strategy, have played a very crucial role to defeat the lean period of the market and upheld the legacy of the institute in this placement process,” said Prof. Rajib Maity, Chairperson of Career Development Centre (CDC), IIT Kharagpur.

This year the Career Development Centre for the first time is organising “Academia Industry Conclave (AIC) 2023” where the basic motto is to bridge the gap between these two prominent arenas. Companies which are coming here in the campus physically, are getting a chance to know the path breaking and cutting edge research works and projects going on in the Institute, Maity said.

Based on the insight, a more beneficial and symbiotic relationship can be developed in the coming years.

Institute director V K Tewari said, “Most of the prominent companies had already visited the campus for internship in August and have also registered their presence for this placement season. Although the global economic situation is a big concern, the participation and euphoric energy amongst the students as well as the companies gave positive assurance to the entire team.

“Even when the current placement season is slow, IIT Kharagpur standing tall with more than 700 offers on the first day of placement drive, is itself a manifestation of the testimony for producing quality individuals and providing excellence in education,” Tewari added.

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