The Kalinga Institute of Industrial Technology (KIIT) deemed-to-be university, Bhubaneswar, has achieved record campus placement with over 270 top companies doling out over 4,200 job offers for the 2022 batch of 3,500 B.Tech students.
This year, 50 new companies have participated in the placement process so far.
This is not merely a record, but a result of years of tireless dedication and zeal of KIIT founder Dr Achyuta Samanta.
Campus placement season for the 2022 graduating batch started in May 2021. KIIT is already well-poised to achieve 100 per cent campus placement for yet another year, said Professor Sasmita Samanta, vice-chancellor, KIIT-DU.
More than 3,000 students got single placement offers, while the top 1,500 students got placed in dream companies with an average cost to company (CTC) of Rs 8.10 lakh per annum. A total of 35 companies offered CTC of Rs 10 lakh and above per annum, while over 130 companies offered CTC of Rs 5 lakh, said Professor Saranjit Singh, pro vice-chancellor, KIIT DU.
Five students of KIIT have got placement offers with the highest CTC of Rs 52 lakh per annum. The average CTC is Rs 6.05 lakh, which is 30 per cent higher than the previous year. More than 3,000 students are already placed and over 1,200 students bagged multiple job offers.
Interface with leading names facilitating placement
KIIT-DU is the only university in India to proactively create an interface with leading names in the industry. This is facilitating the placement of KIIT students in various national and multinational companies.
For instance, HighRadius, a fintech company, in collaboration with KIIT, has established a ‘FinTech Lab’ in the KIIT campus wherein more than 2,000 students are getting a year-long experiential learning internship with a stipend of Rs 15,000 per month. HighRadius has provided placement to over 710 students of KIIT with Rs 8 lakh package.
This year, the ‘Day Zero’ dream campus drives alone resulted in the placement of around 1,500 students by MNCs, with an average CTC of Rs 8.10 lakh per annum. The ‘Day One’ campus recruitment drive generated around 2,000 job offers from four companies.
Institute well on its way to achieving record placements
Keeping up with past trends, KIIT is well on its way to achieving phenomenal record placement for the 2022 graduating batch despite the Covid-19 pandemic. In 2020, KIIT had achieved cent per cent placement in B.Tech, MBA, and biotech, while more than 50 per cent placement in law. It had also achieved record placement in 2021.
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