In 2022, the VGSOM IIT Kharagpur business school achieved a 100% placement rate for its students. All 97 students who registered for the placement process were successfully placed in jobs. The highest salary package offered during the placement process was 31.98 LPA, while the average package was 19.36 LPA. These strong placement results demonstrate the success of VGSOM IIT Kharagpur in preparing its students for the job market and the value that employers place on its graduates.
Here is an individual's experience at IIT Roorkee, which was one in which he received admission to the institute in 2004 after having eight years of work experience. At that time, the management programs at IITs were relatively new and placements were not as strong as they are now. Despite this, he decided to attend IITR and focus on their studies and enjoying their MBA experience, rather than worrying about job prospects. As a result, he performed well academically and was able to secure an okay job in the IT industry. Through hard work and dedication, he was able to triple his salary within four years and work on projects in various countries. Ultimately, he retired in 2010 to travel and is still doing so seven years later. He believes that both IITs and new IIMs are good options for business education and that it ultimately depends on the individual's goals and priorities. He advises focusing on academics and enjoying the experience, as a job will eventually be obtained.
Someone else's package doesn't guarantee that you'll also bag the same package. Out of mentioned options, NIT Patna is a better option not because of the 40 lakh package. The placement package had been offered by Adobe which is said to recruit 2 ladies each offering 20 lakh packages to each. But in 2018, Adobe hired a female student offering her 40 LPA package, which can be true or even wrong information. However, you should not take admission in NIT Patna just because someone bagged a 40 Lakh package. The package will depend on your dedication during the course. It will help you easily earning a 6-8 LPA package.
Categories |
NIT Patna |
IIIT Kalyani |
IIIT Lucknow |
Average Package (LPA) |
8.8 |
6.2 |
11.37 |
Highest Package in 2020 (LPA) |
43.17 |
17.0 |
28 |
Placement Percent |
70% |
70% |
96.80% |
While there is no doubt that NIT Patna is an old institution, yet it lacks some of the basic facilities such as hostels and open spaces. The campus is quite small as compared to other engineering colleges. So, it does not feel like a proper campus to some students as they have to spend 4 years there.
In the present time, a mega hostel is being constructed but it is outside the campus. The locality surrounding the campus is very unpleasant.The good thing is that the campus is located beside Ganga, having some modern and beautiful ghats. The management and staff are strict and less creative.
One of my friends is doing B. Tech at Punjab Engineering College, Chandigarh, so I can provide you with some information about the college and how it functions.
In the following table, you will get the placement record of B.Tech at PEC.
Category |
Electrical Engineering at PEC |
Fees |
INR 4.60 Lakh |
Recruiters |
Tata Motors, Fiat India, Microsoft, Amazon, Samsung, JP Morgan, SanDisk, Honda, Goldman Sachs, Arcesium, etc. |
Highest CTC |
INR 17.5 LPA |
Average CTC |
INR 7 LPA |
The placement percentage of B.Tech students at Punjab Engineering College is 93%. In this percentage, all the students who have CGPA above 6.5 are eligible to sit for placement, also included in this.
Companies that recapture B.Tech students are Exl Services, Alstom, Goldman Sachs, etc. The average package offered to students is below INR 10 LPA.
Therefore, Electrical Engineering placements for B.Tech students at Punjab Engineering College, Chandigarh, are decent. The package offered to students might be low, but almost every student gets placed.
The average package for a mechanical engineering batch of 2019 was 7 LPA. A friend of mine considered the amount a good return on Investment and recommended BIT Mesra. In the 2019 placement season, about 63 mechanical engineering students bagged jobs in the campus recruitment program.
Here is an overview of the average pay scale of the last 3 years:
2018 |
9.11 LPA |
2019 |
10.34 LPA |
2020 |
11.76 LPA |
Some of the top companies that visit the campus for recruitment include Caterpillar, Eicher Motors Ltd., Maruti Suzuki Ltd., Hero MotoCorp., Metalsa, Hindustan Motors, Suzuki Powertrain Ltd., Hyundai Motors, John Deere India (P) Ltd., Tata Motors, Mahindra & Mahindra Ltd., TVS Motor Co, Larsen & Toubro Ltd., Blue Star, NRB Bearing, BPCL, NTPC, Crompton Greaves Ltd., Cummins India, Simplex Infrastructures, DVC, Tata Consulting Engineers Ltd., Electrosteel Castings Ltd, Essar Ltd., Tata Honeywell, Exide Industries, Tata Steel, etc.
The MTech in VLSI program at ABV-IIITM, Gwalior is a two-year program with specializations in Advanced Networks, Digital Communication, and Information Security. The annual median salary across students is noted to be 5.8 LPA in 2019.
The stipend paid varies according to the company but as per the MHRD norms it amounts to Rs 8000. Some students have also received a stipend of Rs 12,400 as per AICTE norms. So it would be ideal to conclude that the stipend ranges from anywhere between Rs 8000 to Rs 12,400.
Students are required to perform intensive research about the type of companies that they are looking to work with, considering IIITM, Gwalior offers limited placements to students from the VLSI sector. The total fees for the course amount to 4.23 lacs whereas students are required to clear the GATE exams in order to be eligible for admissions.
IET Lucknow is one of the famous colleges in Uttar Pradesh. Although being a Tier-3 college, it is preferred by students, as it is fully managed by the Government. One of my friends studied here and these are some of the facts I gathered from her about the college.
These were some of the basic points you should know about placements. Also last year some of the students were placed in MNCs like DE Shaw, Code Nation, Amazon, Byju's, etc. If you want to prepare for GATE/CAT/GRE, there is a wonderful environment at IET Lucknow.
During NIT Hamirpur Placements 2022, the highest number of students were placed in the Computer Science branch. Also, the CSE branch had the highest placement percentage in comparison to other branches. If you are a CSE student here, you are likely to get placed given that you are good at coding.
Here are the detailed placement statistics of the NIT Hamirpur CSE branch
Eligible Students |
94 |
Students Placed |
91 |
Placement Percentage |
96.81% |
Placement Offers |
139 |
Highest CTC |
INR 1.12 CPA |
Some of the top recruiters who participated in the placement drive were CRED, Stryker Corporation, Philips, etc.
IMT Ghaziabad is called the Mecca for Marketing. It’s well known for its specialization in Marketing, Sales, and Business Development based roles. I don't think it offers similar opportunities for finance as well. The placements are pretty good but getting internship offers is difficult for someone who is switching careers from IT to Finance.
So if you really want to pursue a career in Finance after your MBA from IMT Ghaziabad, you can try CFA, and FRM and have some past background in Finance
IIEST, Shibpur formerly known as BESU is doing really well in all the departments. Whether it is about faculty or infrastructure it is growing steadily and gradually.
But as one wants to take a deeper look in comparing mechanical engineering, EE and ETC, let’s take a look on it:
Categories |
ME |
EE |
ETC |
Placement Percentage |
70% |
60-70% |
70% |
Highest CTC |
11 LPA |
10.5 LPA |
12-15 LPA |
Average CTC |
3-4 LPA |
3.5 LPA |
4 LPA |
The college is very good for students interested in any of the three departments as mentioned. All the three mentioned departments are very good in IIEST. The thing that matters is your interest and will.
IIM Shillong recently completed its 2022 placements drive and was able to place all of its students in the PGP 2020-2022 batch. The highest package offered during these placements was INR 55.22 LPA, while the average package was INR 23.10 LPA and the median package was INR 22.28 LPA. A total of 197 recruiters visited the campus during the placements, and 117 Pre-Placement Offers (PPOs) were made.
It is worth noting that the highest package saw a significant increase of 72.56% in 2022 compared to the previous year, while the average package decreased by 16.95% and the number of recruiters declined by 14.06% compared to 2021. In addition, during the PGP summer placements for the 2021-2023 batch, a total of 240 offers were made to 240 participating students. The highest and average stipends offered during these summer placements were INR 3.50 lakh and INR 1.73 lakh, respectively. Overall, it appears that IIM Shillong had a successful placements drive in 2022, with a high percentage of students being placed and relatively competitive salaries being offered.