IIT Kanpur Placement 2021 records new highs; 150% jump in international offers

NEW DELHI: Indian Institute of Technology (IIT) Kanpur placement season 2021-22 has witnessed new highs in offers made by recruiters. IIT Kanpur virtual placement season which began on December 1, received a total of 940 offers at the end of day 4, out of which, 773 were accepted. This is in addition to the 156 pre-placement offers (PPOs) that are already accepted by the students.

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At the end of day 4, IIT Kanpur received 47 international offers. “This is a big jump of 150% over last year when a total of 19 international offers were received. The highest packages so far are 274,250 US Dollars for international and Rs 1.2 crore for domestic. In total, 49 offers above Rs 1 crore have been received so far,” the institute said in a press release.

In 2020-21, at the end of day 3, 665 offers were made whereas in 2019-20, 594 offers were made. This shows a significant increase of 32.5% in the number of offers made till day 3 this year, which is 887.

At the end of day-4, 109 offers were in core sector companies, which were made to 97 students. This constitutes over 11.5% of the total jobs offered. On the other hand, 16 start-ups have offered 45 jobs, up until day 4.

IIT Kanpur has pulled in top recruiters like Axtria, EXL, Graviton, Goldman Sachs, ICICI Bank, Intel, Microsoft, OLA, Rubrik, Samsung, Quadeye, Uber, among others, so far this season.

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Out of the total of 773 students placed, about 55% are undergraduates and 45% are postgraduates. So far, 216 companies have finished their recruitment process, and more are lined up for the next few days, IIT Kanpur said.

Abhay Karandikar, Director, IIT Kanpur said, “IIT Kanpur is known for its academic excellence and as an institute of trust. It is this trust that pulls in top recruiters from across the world year after year. The new highs we are witnessing so far this year is indicative of the growing trust recruiters are bestowing upon the institute and its students, despite the pandemic-induced challenges. We are confident and hopeful that we would end the remainder of the season on a high as well.”