IITs are inarguably the best-ranking engineering colleges, not only in India but internationally as well. Well, we all know how ranking works, especially with technical colleges. Ranking organizations like NIRF consider multiple factors in order to rank these colleges all over India. The placement record is one of such very important factors that influences the institute’s ranking, including IITs. Hence, we will explore the Placement Wise IIT Ranking in this blog!
Each year, the placement record of the Indian Institute of Technology changes, and so does its place in the rankings. The ranking organizations consider the previous year’s placement stats and compare them with other institutes to decide their respective ranks for the current year. This blog will let you explore the recent top 5 contenders in IIT Ranking Placement Wise 2024. So, let’s get started.
How Placement Wise IITs Ranking Calculated?
Organizations like NIRF consider and calculate multiple parameters in order to finalize the rank of the IITs or NITs based on their placement structure for that year. Besides, a specific weightage, which isn’t publicly disclosed, will be given to each parameter in NIRF’s methodology. After all, this weightage plays a key role in evaluating the quality and effectiveness of an institution’s placement cell, which in turn impacts its overall ranking. Here are the four parameters that are explicitly considerable while ranking IITs:
Total Placement Percentage: Organizations like NIRF(National Institutional Ranking Framework) start by calculating the total percentage of students placed as an indicator of an institution’s effectiveness in securing opportunities for its graduates.
Average Salary Packages: The average salaries offered to students during placements in a particular will be calculated for consideration. However, the organizations believe that the institute with higher average salaries often indicates the quality of education and the demand for graduates from that institution.
Diversity: The diversity of recruiters plays an influential role in ranking divisions. The organizations consider the range of companies and industries (national and international) recruiting from an institution, and their satisfaction with the graduates can affect its ranking.
Alumni Feedback: Last but not least, the organizations will also consider alumni feedback on the quality of placements. After all, the student’s satisfaction with the opportunities provided and their success in the job market will impact the institute’s rank.
Placement wise IIT ranking [2024]
After carefully reviewing the whole placement percentage and the average salary packages received in the academic year of 2022-23, here are the best 5 institutes that topped IIT Ranking Placement Wise:
1. IIT Bombay
With over 300+ companies involved in the placement process, IIT Bombay stood at No.1 position this year in terms of placements-wise IIT rankings. With the highest package of 3.75 CPA, IIT Bombay managed to attract all the top-tier national and international companies like Apple, Boeing, TATA, Accenture, Google, Microsoft, Sony, Jaguar, and more. Besides, this year a bunch of India’s most valued start-ups placed the best students from IIT Bombay.
2. IIT Kharagpur
IIT Kharagpur never misses the spot when comes to placement records. However, the IIT managed to pull off the highest package offer of 2.68 Crore on the first day of placement itself. Also, for 2022-23 IIT Kharagpur became the top IIT to attract a total of 45 international offers. This list includes Japan(28), Taiwan(9), US (3), Singapore (2) and others(3).
3. IIT Kanpur
IIT Kanpur excelled this academic year with an increasing placement record compared to the last two years. With the highest package of 1.9cr, IIT Kanpur even managed to provide 33 jobs with more than 1CR package this year. This list includes many top-tier international and national companies like Google, Sony, Tata, and more. For the 2022-23 academic year, IIT Kanpur recorded 250+ companies, including 35+ startups, participating that offered a whooping 1200+ jobs.
4. IIT Delhi
IIT Delhi records a whooping 20% hike in total placement percentage from the last year. Besides, many international recruiters placed IIT Delhi students in large numbers this year. This list includes American Express, Bajaj Auto, Boston Consulting Group, Enphase Solar Energy, Intel, Praxis Global Alliance, and more. Besides, more than 50 students from IIT Delhi have managed to bag job offers with a CTC of more than Rs. 1 Cr per annum.
5. IIT Madras
IIT Madras managed to pull off a couple of placements with more than 1CR CTC this academic year. This year Apple, P and G, Google, American Express, Intel, Deloitte, Microsoft, ISRO, ICICI WQ Bank, CISCO, Jaguar, Wells Fargo, and more stood as the top recruiters from IIT Madras.
Why IITs Always Top the IIT Ranking Placement Wise?
Well, it’s quite obvious that IITs always top any ranking list because IITs are well-known for their rigorous and high-quality education. Besides, IIT’s curriculum is different and designed to meet industry standards and often includes practical, hands-on learning, which makes their graduates highly employable.
As we all know the term “IIT” is a brand and is highly recognizable both in India and internationally. Besides, IITs have a vast network of successful alumni who often maintain ties with their alma mater. This network can facilitate better placement opportunities for current students. Hence, companies from every corner of the world actively participate in IIT placement programs. After all, IIT graduates are always in demand due to their strong technical and problem-solving skills, leading to a high demand for these students.
Also, students from IITs specialize in multiple skills that IIT graduates possess, particularly in engineering and technology. All thanks to IITs’ frequent collaborations with industries, which sharpen up the IIT students and also help them with exciting internship opportunities, projects, and better exposure for students. After all, this collaboration often leads to better job placement opportunities and higher salary packages.
IITs have a unique placement cell system which is very rare in normal engineering colleges in India that actively engage with recruiters, and organize job fairs, workshops, and training sessions to prepare students for interviews and industry demands. Last but not least, IIT’s global image helps it attract attention from multinational companies and leads to a broader range of job opportunities, both within India and abroad.
Conclusion
In conclusion, just like any other stats, the placement records of IITs will also change. If we look at the past few years’ Placement Wise IIT Ranking list, all we can see is these top 5 will always change. However, we cannot deny the impact and excellence of these IITs which strive to place all the best students in the world’s top companies with the highest package possible. This is why the IITs are all-time favorites for both Indian and International students as they not only provide great education but also support students with great job opportunities.