In fact, the number of those not receiving job offers had even worsened due to the nationwide lockdowns in early 2020. However, riding high on record placements due to rapid digitisation and a revival in hiring sentiment, the Class of 2022 has not only bagged the highest number of offers ever but has also seen a 15-25% increase in the number of students getting placed against pandemic-hit previous batch.
IIT Bombay has seen a 25% rise in students placed in the Class of 2022, despite the batch size rising by 15%.
IIT Madras saw 80% of students who opted for campus placements during 2021-22 receiving job offers, compared with 61% the year before.
At IIT Roorkee, the numbers went up to 86.5% this year from 65.3% in 2020-21, while it rose to 76% from 61.17% the year before at IIT Guwahati. In IIT BHU, 80.9% of the students who signed up for placements got jobs, compared to 58.5% for the Class of 2021. At IIT Delhi, it was more than 82%, against 79.6% last year.
“No IIT ever has a 100% placement rate, but this year has been exceptionally good. There are fewer students than last year without a campus offer,” said an IIT placement head.
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ET sourced this data from placement cells at the IITs. The percentage of placements has been calculated based on the number of students who registered for the process.
Some students also opt out of placements every year, either to pursue higher studies or try their hand at entrepreneurship.
“The increase (in placements this year) may be attributed to a resurgence of job generation after resumption of economic activity subsequent to the pandemic,” a spokesperson for IIT Bombay said.
Placement percentages vary according to the courses or programmes that students take up.
While it is far higher for computer science students, those in streams such as civil engineering see a lower placement percentage. Similarly, undergraduate students have a higher placement rate than those doing MTech or PhDs.
At IIT Kharagpur, 86% of registered undergraduate students got placed in the Class of 2022, compared with 80% last year.
Among the newer IITs, over 90% of UG students were placed this year at IIT Gandhinagar, compared with around 80% in the Class of 2021.
Students who don’t get placed – either due to low cumulative grade point average or other reasons – try off-campus placements on their own or are assisted by the institute.
“The students who couldn’t convert to FTE (full-time employment) on-campus are actively applying off-campus and the current placement team is also helping them out by connecting them with potential recruiters,” said Abhishek Kumar, head, centre for career development, IIT Guwahati.
Lateral Hiring
IIT Bombay students who are not placed during both phases migrate to a lateral hiring group where they get job notifications and information to apply to firms directly. Most unplaced students are also in touch with their professors and alumni mentors for opportunities.
