Now placement woes hit IIT Hyderabad as 46% students yet to secure jobs

It's important to note that more than 20 percent of students remained unplaced in the last two years of placement seasons.

Forty-six percent of students are yet to secure placements in Indian Institute of Technology (IIT) Hyderabad in the ongoing placement season 2023-24, right to information data, seen by Moneycontrol, has revealed.

With phase 2 of placement season underway, 451 students have so far secured job offers out of 843 registered as of May 3, 2024. The RTI was filed by Dheeraj Singh, founder of Global IIT Alumni Support Group.

It's important to note that more than 20 percent of students remained unplaced in the last two years of placement seasons. In 2022-23, 585 students got placed out of 762 registered (23 percent unplaced). In 2021-22, 519 received job offers out of 666 registered (22 percent unplaced).

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The median salary has witnessed a consistent jump in the last three years.

So far the average salary of 2023-24 placement season is around Rs 23 lakh per annum (LPA) with median salary standing at Rs 20 LPA.

In 2022-23, the average salary was recorded around Rs 17 LPA and median salary of Rs 18 LPA. The year before that, the average salary was recorded Rs 22.55 LPA and median salary of Rs 15 LPA.

IIT Hyderabad is a premier institute established in 2008 and has been consistently ranked in the top 10 institutes in India for Engineering according to National Institutional Ranking Framework (NIRF) making it one of the most coveted schools for science and technology in the country.

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IIT Hyderabad is among many premier IITs facing challenges in enabling placements to its current batch of students. Earlier RTIs, revealed that around 40 percent students of IIT Banaras Hindu University, Varanasi (IIT-BHU) are yet to secure placements in the ongpong placement season 2023-24. Similar cases have been observed at IIT Indore, IIT Ropar, IIT Jammu and IIT Palakkad.