IIT Placements: 44% students yet to be placed in IIT Indore this year; salary packages take a dip

NEW DELHI: With the economic uncertainty and dip in job trends, students of Indian Institutes of Technology (IITs) face challenges during placements. In a recent RTI reply, it was found that nearly 44% students of IIT Indore are yet to be placed this year.

Responding to a RTI filed by Dheeraj Singh, an alumnus of IIT Kanpur and founder of Global IIT Alumni Support Group, IIT Indore Public Information Officer Sunil Kumar said that a total of 452 students registered for IIT Indore placement in 2023-24 academic year. Of this, only 254 students got placed. The data on the number of students who have not been hired in the academic year was not specified.

The average salary and median salary packages also saw a dip last year compared to the previous academic year 2022-23. Notably, only 17.27% of the students, ie. 66 students, did not get placed in 2022-23.

Low turnout of companies does not provide promising results in this year’s IIT placements as well. Several IIT students from different campuses have also alleged favouritism in the placement drives.

Several students also pointed at the global recession being a reason for less number of companies coming onboard for recruitment at IITs.

Also read IIT Placements 2024: As job offers dip by 50%, students allege favouritism by placement teams

IIT Indore placement trends of last 3 years

Dheeraj Singh had filed an RTI requesting IIT Indore to provide data on the number of students who secured jobs through campus placements, including pre-placement offers (PPOs) from the academic year 2021-22 to 2023-24. Students can check the placement trends, salary packages in the last three years, as on April 14, 2024.