IIT Kharagpur M.Tech Placements, Salary, Trends, Top Recruiters

IIT Kharagpur M.Tech Placements- The Indian Institute of Technology, Kharagpur is a highly prestigious institution of national importance that offers excellent placements to students in their respective disciplines to explore well-furnished careers. The students of the final semester can attend the placement drive to fulfill their dream of working in top MNCs. Last year, the IIT Kharagpur M.Tech students received a total of 1600 job offers, including 45 international offers. Furthermore, the institute offered 900 internship opportunities to its candidates.

Check: IIT Kharagpur GATE Cut Off 2024

The M.Tech class of 2023-2024 also had an excellent Summer Placements season, with several notable new recruiters from a variety of industry verticals, including Finance, IT/ITES, Operations, Supply Chain, Sales and Marketing, Analytics, and Consulting. The maximum CTC was INR 43.37 LPA at IIT Kharagpur M.Tech Placements 2023, with an average CTC of INR 22.13 LPA and a median CTC of INR 21.04 LPA.

During the IIT Kharagpur M.Tech Placements drive 2023, notable recruiting firms included IBM, Puma, Capgemini, Deloitte, EY, ICICI Bank, Cognizant, Aditya Birla Group, Lenovo, and others.

Notably, the IIT Kharagpur Placements Drive 2023 included an extraordinary top package of INR 2.68 Crore Per Annum (CPA). Apple, Airbus, CapitalOne, EXL Services, Google, Microsoft, Square Point, Rubrik, and other major recruiting companies engaged in the Placements drive.

Also Read: IIT Kharagpur M.Tech Admission 2024

About IIT Kharagpur Placements

The Indian Institute of Technology Kharagpur features a Career Development Centre that offers various programs to help students enhance their soft skills, professional communication, and personality.

The Career Development Centre also assists departments in organizing competitions, presentations by industry leaders, curriculum-oriented career prospects (COCP) seminars, and workshops in specific niches. The CDC also offers résumé writing assistance.

During the IIT Kharagpur Placements drive, many leading firms visit the campus. Every year, over 1500 students are hired with the best pay packages by over 250 top companies.

IIT Kharagpur Placements has recorded 1600 offers, including 900 internship opportunities received by IIT Kharagpur students. 30% of IIT Kharagpur M.Tech students were placed in strategy and consulting, 19% in operations, 18% in analytics and IT, 15% in General Management, 10% in BFSI, and the remaining 8% in sales and marketing. During the IIT Kharagpur Placements, 48 offers with CTCs ranging from Rs. 50 lakh to Rs. 2.64 crore were received. The highest package obtained by IIT Kharagpur was more than INR 2.68 crore annually.

300 companies participated in the IIT Kharagpur Placements, including well-known companies like Qualcomm, Microsoft, Excel, and Google.

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IIT Kharagpur M.Tech Placements 2023  Highlights

IIT Kharagpur is well-known for its exceptional Placements record, with some of India's leading firms visiting the campus every year. IIT Kharagpur is predicted to preserve its reputation and provide students with a viable career path in 2023.

The institute provides a Career Development Center that assists students with their career searches. To prepare students for Placements, the center offers a variety of training programs, mock interviews, and resume-writing courses. Companies have increased the amount of pre-Placements offers (PPOs) made available to IIT Kharagpur students in recent years. This reflects an overall improvement in educational quality and student skill development.

Companies from several industries, including IT, finance, consulting, and core engineering, come to IIT Kharagpur to recruit. Microsoft, Amazon, Goldman Sachs, Intel, and Tata Steel are among the prominent recruiters.

International Placements are also accessible through agreements with foreign universities and multinational organizations, in addition to domestic options. IIT Kharagpur attempts to give its alumni numerous job options while also ensuring that they have earned industry-relevant skills throughout their time at the institution of higher learning.

IIT Kharagpur M.Tech Placements - Statistics

A total of 1648 offers were received from 400 companies. The 300 companies who participated in the Placements drive offered almost 1,600 offers to students. During the Placements drive, some of the top recruiters included American Express, Honda Japan, Mc Kinsey & Company, Boston Consulting Group, and others.

The following are the important highlights of IIT Kharagpur Phase 1 Placements 2023 in comparison to Placements 2022:

IIT Kharagpur's Placements drive for the class of 2023 finished with 1600 offers, including 45 international offers. IIT Kharagpur Placements 2023 also saw 900 internship opportunities for its students. The highest package was INR 2.6 CPA in IIT Kharagpur Placements Drive 2023.

IIT Kharagpur M.Tech Placements - International Offers

During the IIT Kharagpur Placements drive, 45 international offers were received from all across the world. A total of 45 international offers were made to students from various countries, including -

IIT Kharagpur M.Tech Placements - Highest Package

The top offer in Phase I of the IIT Kharagpur Placements 2023 was a 2.64 CPA. The top package made accessible during the Placements drive has improved over the previous few years. The highest package patterns from the last three IIT Kharagpur Placements are as follows:

IIT Kharagpur M.Tech Placements - Average Package

The overall average package for Phase 1 Placements was INR 50 LPA. Prior to 2022, the average IIT KGP M.Tech Placements package was 40.91 LPA in 2021 and 45.43 LPA in 2022. As a result, there has been no discernible reduction or gain in the average package's trajectory during the last few years. In the past three years, the following average package was offered at IIT Kharagpur Placements:

IIT Kharagpur M.Tech Placements - Median Package

According to the IIT Kharagpur Engineering NIRF report 2023, the median package granted during IIT Kharagpur Placements over the preceding three years has improved. The graph below depicts the course-wise median package trends during IIT Kharagpur Placements in previous years:

IIT Kharagpur M.Tech Placements 2021

According to reports, many organizations participated in the batch 2021 phase 1 and phase 2 Placements. The IIT Kharagpur Placements schedule by branch for 2021 is as follows:

IIT Kharagpur M.Tech Placements - Year Wise Trends

IIT Kharagpur M.Tech Placements - Branch Wise

Also Check: IIT Kharagpur GATE Cut Off

IIT Kharagpur M.Tech Placements - Top Recruiters

The various top recruiting companies participated in the IIT Kharagpur Placements including -

• Microsoft
• Google
• Amazon
• Intel
• Qualcomm
• Apple
• Goldman Sachs
• Morgan Stanley
• Barclays
• Tata Consultancy Services (TCS)
• Infosys
• Wipro
• IBM
• Hindustan Unilever Limited (HUL)
• Procter & Gamble (P&G)
• Schlumberger
• Tata Steel
• Larsen & Toubro (L&T)
• Samsung
• Flipkart

IIT Kharagpur M.Tech Placements - Alumni Networks

A few IIT Kharagpur alumni who work in reputable organizations are listed below:

IIT Kharagpur has a vast alumni network that includes notable people who have made significant contributions in the following sectors such as technology, politics, business, and entertainment.

IIT Kharagpur M.Tech Placements - Partnerships

IIT Kharagpur works with prominent institutions and organizations throughout the world to establish academic and research collaborations, cooperative initiatives, and knowledge exchange in order to enrich the learning experience and promote innovation.