Mridusmita Deka|Feb 4, 2023
NIT Rourkela placement breaks past records with 1,274 offers, highest ever package of Rs 46.08 lakh
BTech in Computer Science recorded the highest average CTC of Rs 20.88 LPA. 403 internships offered with the highest stipend of Rs 1.25 lakh per month.
NEW DELHI: The National Institute of Technology (NIT) Rourkela has broken its previous placement records with 325 companies offering 1274 offers and 100% mining engineering students getting placed so far. In the ongoing NIT Rourkela placements 2021-22, the highest annual salary package so far is Rs 46.08 lakh offered to 20 students, while 138 students have received offers of more than Rs 20 lakh per annum.
The average package has increased by 20% since last year, from Rs 9.36 lakh per annum in 2021 to Rs 11.20 lakh per annum in 2022. BTech in Computer Science recorded the highest average CTC of Rs 20.88 lakh per annum with software giants like Microsoft, Google, Amazon, and Oracle recruiting a high number of students. The next highest average CTC of Rs 17.27 lakh per annum was recorded by the Electronics and Communication Engineering department with major semiconductor recruiters like Qualcomm, Texas Instruments, Micron, Mediatek, AMD, and Intel etc.
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In NIT Rourkela 2021-22 placements, the Department of Mining Engineering recorded 100% placement with all its students placed at lucrative firms. Along with this, 11 out of 14 BTech Departments including Biotechnology, Biomedical, Ceramic, Chemical, Computer Science, Electrical, Electronics and Communication, Electronics and Instrumentation, Mechanical, Mining, and Metallurgy and Materials recorded a placement percentage of more than 90%.
Electronics and Communication and Mechanical engineering students recorded 98% and 97% placements respectively. Overall, 92.99% of BTech students have been placed across all the branches and the ongoing recruitment drive witnessed evident growth in almost all domains including software, analytics and core.
Internship offers, top recruiters
So far, as many as 403 students (highest till date) have achieved paid internship offers with an average stipend of around Rs 40,000 and the highest stipend of Rs 1.25 lakh per month from companies like Microsoft, Tata Steel, Oracle, Qualcomm, Texas Instruments, Barclays, Disney+Hotstar, Mathworks, SAP Labs and American Express etc.
NIT Rourkela has also recorded a significant increase in the number of recruiters registered for the placement drive this season. A total of 325 companies participated in this year’s placement drive with Software and IT Services emerging as the top recruiter (33.28% of total recruitment), followed by Core Engineering (25%), and Analytics and Consulting (18.72%). The rest of the offers are from diverse sectors including Electronics, Finance, Education, Design, and Healthcare.
Amongst the Post-Graduate disciplines, Electrical Engineering department recorded the highest placement percentage of 87.50%, followed by Computer Science and Engineering Department with 84.48% and Electronics and Communication Engineering with 81.43%. A total of 375 postgraduate students have been placed with an average CTC of Rs 9.04 LPA in this year’s placement drive.
Congratulating the Placement Committee and students, Professor K Umamaheshwar Rao, Director, NIT Rourkela, said, “Even after two years of a global slowdown in hiring, the 2021-22 placement drive of NIT Rourkela has proved the calibre of graduates from this premier Institute. NIT Rourkela’s successful placement season can be attributed to the Institute’s focus on quality education, dedicated professors and students prepared with industry-relevant skills. The Institute looks forward to an even more successful placement season in the upcoming year.”
Professor Umesh C Pati, Head of Career Development Centre, NIT Rourkela, said, “The placement statistics this year have been excellent. We managed not only to retain almost all past recruiters but also on boarded 100 new recruiters, including Apple, Google and Visa. A significant number of major PSUs, including BPCL, GAIL, EIL and BEL, visited this year. Overall, the placement season is very successful and we achieved the best records so far on almost all parameters. I would like to congratulate and thank the whole team of the Career Development Centre along with the coordinators of PlaceComm 2021-2022 for conducting such a successful placement drive.”
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