Despite the challenges posed to the global economy by the Covid-19 pandemic, multinational companies are still not hesitating to offer hefty packages to attract the best talents. With its campus internship process nearly over, students of the National Institute of Technology, Rourkela (NITR) have been offered high salary packages by companies for the Academic Year 2020-21. While three students of the institute have been offered Rs 45 lakh per annum pay packages this time, nine other students have received offers of Rs 43 lakh per annum revealed institution sources.
Prof Umesh C Pati, Head of Training and Placement Centre, NIT Rourkela, said, “This year, taking up the placement drive was a rigorous task. But, keeping up with the new normal of virtual placement drive, the Training and Placement Centre worked very hard to adapt quickly and enable the students to be at their best for the process. We witnessed 101 new companies which have participated in this placement season.
Some of them are Amazon Web Services (AWS), Barclays, Citi Bank, Siemens Gamesa. etc.” With 84 companies offering 253 students more than Rs 10 lakh per annum, the average CTC offered was about Rs 9.36 LPA, an increase of over 4 per cent from the previous year. Another 211 students bagged prestigious internship offers from global majors like Microsoft, Barclays, Bajaj Auto, Citi Bank and Qualcomm with the highest stipend rising to Rs1 lakh per month. So far, the institute received more than 841 full-time offers.
The 256 companies that participated in the placement drive were from the diverse sectors like software, manufacturing, electronics, finance, education, petroleum, construction and top rung public sector units like GAIL, C-DAC, TRAI, C-DOT, IOCL etc, said Pati. Sources said The Computer Science and Engineering Departments bagged 187 jobs, the maximum among all other departments. More than 230 Postgraduate students have bagged job offers so far. The undergraduate students did well too, with the Chemical Engineering department attaining 100per cen placements, followed by Computer Science and Electronics and Communication Engineering departments, which achieved 98per cent. Among the others, the Electronics and Instrumentation Engineering and Electrical Engineering attained 92% and 88% placements, respectively.