Indian Technology Industry

NIT Rourkela Students Receive Annual Salary Package of Rs 46.08 Lakh, 1274 Job Offers

20 students from NIT Rourkela have received annual pay package offers of Rs 46.08 lakh, the highest so far

NIT Rourkela broke all its past records of placements in the placement season of 2021-22 with 325 companies offering 1274 on-campus opportunities in the ongoing placement drive. Of these, twenty students were offered annual pay packages of Rs 46.08 lakh, the highest so far, while 138 students have received offers of more than Rs 20 lakh per annum.

Prof 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.”

With an almost 20% rise in the average CTC, the Institute has witnessed the package increase from Rs 9.36 lakh per annum in 2021 to Rs 11.20 lakh per annum in 2022. Till date, as many as 403 students (highest so far) have bagged prestigious paid internship offers with an average stipend of around Rs 40,000 and the highest stipend of Rs 1.25 lakh per month from global majors like Microsoft, Tata Steel, Oracle, Qualcomm, Texas Instruments, Barclays, Disney+Hotstar, Mathworks, SAP Labs and American Express among others. The BTech course of the Computer Science Department 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 among others.

NIT Rourkela has 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. Amongst the different sectors, Software and IT Services has emerged 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.

In this placement drive, the Department of Mining Engineering achieved 100 percent placement with all its students placed at lucrative firms. Along with this, 11 out of 14 B.Tech Departments including Biotechnology Engineering, Biomedical Engineering, Ceramic Engineering, Chemical Engineering, Computer Science and Engineering, Electrical Engineering, Electronics and Communication Engineering, Electronics and Instrumentation Engineering, Mechanical Engineering, Mining Engineering, and Metallurgy and Materials Engineering recorded a placement percentage of more than 90%. The percentage of students placed from the Department of Electronics and Communication Engineering and Mechanical Engineering are 98% and 97% respectively. Overall, 92.99% of BTech students have been already placed across all the branches and the ongoing recruitment drive witnessed evident growth in almost all domains including software, analytics and core.

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 lakh per annum in this year’s placement drive.

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