Rourkela: National Institute of Technology 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.
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 B.Tech 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.
Congratulating the Placement Committee and students, Prof. K. Umamaheshwar Rao, Director, NIT Rourkela, said, “Even after two years of a global slowdown in hiring, the 2021-22 placement drive of NIT Rourkela has proved the calibre of graduates from this premier Institute. NIT Rourkela’s successful placement season can be attributed to the Institute’s focus on quality education, dedicated professors and students prepared with industry-relevant skills. The Institute looks forward to an even more successful placement season in the upcoming year.”
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 B.Tech 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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