TAGS :- IIT BOMBAY , IITS , NITS , Infoaspirants
Despite the economic shutdown Indian Institute of Technology Bombay placements have been better than last year, visiting companies made more job offers having annual package of 9.5 lakh and above. The highest salary bracket had been redefined this year to 9.5 lakh per annum and above. It was 8.5 lakh and above last year.
Placement report:
“We were pleasantly surprised as we had expected the slowdown to be far more profound,” said Ravi Sinha, who was the professor in charge of placements. “There has been a maturing of the process, with companies having better engagement and more confidence and students equipping themselves better.”
The success rate for placements was best for the dual degree students at 94%, with MSc students second with 90%. Students seem happy with their placements. Nearly 40% of students surveyed from the graduating batch said they were reasonably satisfied with job offers they had got, according to data in the institute’s newsletter Insight in February
Despite the economic shutdown Indian Institute of Technology Bombay placements have been better than last year, visiting companies made more job offers having annual package of 9.5 lakh and above. The highest salary bracket had been redefined this year to 9.5 lakh per annum and above. It was 8.5 lakh and above last year.
Placement report:
- 2010-11 – Companies made 286 job offers to students having annual package of 8.5 lakh Indian rupees and above
- 2011-12 – Companies made 322 job offers to students having annual package of 9.5 lakh Indian rupees and above
- There were more offers in second highest salary bracket too as compared to last year. The average annual salary offered to students has increased from Rs. 7 lakh last year to Rs. 7.5lakh this year.
- Even though the same number of companies visited in both years — 262 — the number of offers this year were higher, at 1,060 compared to 958 in the previous year
| Placement | 2010-11 | 2011-12 |
| Total number of job offers in highest salary bracket ** | 286 | 322 |
| Average salary offered to students | 7 lakh INR per annum | 7.5 lakh INR per annum |
| Total number of companies visited | 262 | 262 |
| Total number of job offers made to students | 958 | 1062 |
| ** Highest slary bracket has been redefined this year to 9.5 lakh Indian rupees per annum and above | ||
The success rate for placements was best for the dual degree students at 94%, with MSc students second with 90%. Students seem happy with their placements. Nearly 40% of students surveyed from the graduating batch said they were reasonably satisfied with job offers they had got, according to data in the institute’s newsletter Insight in February
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