NIT Rourkela Creates New Placement Record
1274 Job offers to date and as many as 20 students have received annual pay package offers of R. 46.08 lakh
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 per cent 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. To 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 per cent of total recruitment), followed by Core Engineering (25 per cent), and Analytics and Consulting (18.72 per cent). The rest of the offers are from diverse sectors including Electronics, Finance, Education, Design, and Healthcare.
Amongst the Post-Graduate disciplines, Electrical Engineering Department recorded the highest placement percentage of 87.50 per cent, followed by the Computer Science and Engineering Department with 84.48 per cent and Electronics and Communication Engineering with 81.43 per cent. 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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