IIT Placements: When hard work doesn’t pay
During the IIT placement season, which begins every year on 1 December and sometimes goes up to April, students from the computer science batch are wooed by many suitors, followed by those from electronics, electrical and the like. Civil engineering isn’t too hot.
The kind of IIT that the student graduates hail from is also a factor. India has 23 IITs, with the newest ones being IIT Palakkad (Kerala), IIT Dharwad (Karnataka), IIT Jammu and IIT Goa.
“There is a very broad salary spectrum for fresh graduates at IITs, which is very much in line with how salaries behave in the new age/tech and R&D driven Industries. The compensation/CTC at IITs can vary from ₹8 lakh to ₹80 lakh per annum. There are a lot of top-notch employers hiring the best talent from IITs. And yet, they are not the ones paying the highest salary,” said Anshuman Das, chief executive officer and co-founder of Careernet, a talent solutions provider. Careernet has a team that tracks IIT salaries.
