Publish Date: December 2, 2021
A Vibrant Start to Placement Season at IIT Delhi
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Day 1 witnesses over 45% increase in number of offers received
New Delhi: Placement season at IIT Delhi has commenced with an exciting start. This placement period spans from December to May for full time hiring of our undergraduate and postgraduate students by the recruiters. Around 350+ national and international organizations offering above 750 job profiles across multiple sectors have already registered for hiring students as of now.
There has been over 45% increase in the number of offers received by the campus and over 35% increase in the indicative compensation offered by companies visiting on December 1, 2021, in comparison to last year.
IIT Delhi students bagged over 400 placement offers including pre-placement offers (PPOs highest in past 5 years) by the end of the first day of the placement season on December 1. Many students have also bagged multiple placement offers.
Around 180 PPOs have been received as of now and 7 students have opted for deferred placements facility of the institute. Deferred placements facility is available to students who wish to set up a start-up post their graduation. The students choosing the deferred placement option can avail placement services once within 2 years after availing this option i.e. upto 2023-24.
Speaking about the placement season, Dr Anishya Obhrai Madan, Head, Office of Career Services, IIT Delhi said: “We wish to thank and acknowledge all participating recruiting organisations for reposing their faith in our students. We are confident that given the new ways of recruiting and our scheduling paradigm; companies will be able to make good hiring decisions. We look forward to this positive hiring trend continuing for the rest of the season.”
Top recruiters on the campus on December 1, 2021, in terms of number of students recruited included Bain, Boston Consulting Group, Goldman Sachs, Graviton, Intel, Microsoft, NK Securities and Texas Instruments etc.
For the first time, few organisations have indicated that their salaries in India may be higher than those paid by organisations recruiting for international profiles.
Domains that have shown interest in hiring students from the institute are depicted in word cloud below:
Figure: Job Profiles visiting IIT Delhi for 2021-22 campus hiring
This year, the hiring processes are being conducted in a virtual mode like last year and the students have geared up for their interviews in a digital mode with innovative and newer patterns of interactions maximising the use of technology.
The entire interview process is being conducted in a single slot each day unlike other campuses. This process has been conceived to facilitate the right fitment both for students and recruiting organisations while providing ample time to recruiters to make selection judgements leading to better hiring decisions. To illustrate; this translates to NO graveyard shifts or multiple shifts within a day and a spread of companies across recruiting days, which is more than other campuses.
Being amongst the top-ranked educational institutions in India and the most employable in India (Global rank 27 as per Times Higher Education Global Employability Rankings 2021); IIT Delhi provides education to students across a variety of domains to cater to the needs of the nation and industry.
IIT Delhi is looking forward to a vibrant recruiting season for all visiting companies on the campus.
Disclaimer: IIT Delhi as a policy has decided not to mention high-value packages in their placement related press releases.