Effects of the pandemic on IIT Delhi’s Summer Placements

By
Indrajeet Singh
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0
2943

IIT Delhi Summer Placement Report’s Comparison

The placement process of the 2020-22 batch witnessed 100% placements with an average stipend of 1.78 lacs which is an increase of 18.66% from last year. IIT Delhi is one of the top B-school which witnessed a significant increase in average stipend. Many B-schools saw a decrease in average stipend due to pandemics. However, the resilience of the 2020-22 batch of IIT Delhi made it a top B-school. Maximum recruiters who participated are from Sales & Marketing closely followed by IT, Analytics & Consulting.

Batch Profile

  • The diversity split is 67% males and 33% females.
  • 4% of the batch are engineers which show IIT Delhi doesn’t give weightage to diversity. Maximum students are from ECE followed by Mechanical engineering.
  • 5 students are from Tier 1 colleges like IIT/NIT/SRCC.
  • The average CAT percentile overall is 98 %ile and 98.7 %ile for freshers.
  • The work experience split is 14% for 3+ years, 33% for 2-3 years, 24% for 1-2 years, 29% for less than a year.
  • Average work experience is 22 months overall & 27% for experienced students.
  • Some work experience brands include Deloitte, Ford, Godrej, Mahindra, PwC, Reliance, Samsung, ZS Associates etc.
  • Maximum students are from IT which is closely followed by Supply Chain and Operations. However, last year 48% of students were from the IT sector and only 12% from operations. This shows that operations have grown over the years with the emergence of many e-commerce startups.
  • The data analytics domain is also growing compared to last year with around 11% of students from data analytics.

Sector Wise Details

  • Most roles i.e. 27% are in Sales & Marketing. Last year, most offered roles were in IT, Analytics and Consulting.
  • The offers in Finance decreased to 15% from 21% last year while offers in HR increased to 12% from 5% last year.
  • The top recruiters in the Sales & Marketing domain are Tata Consumer Product, GE Healthcare, Medtronic, Texas Instruments, Asian Paints offering roles like Business Development Intern, Digital Marketing Intern, Market Development Trainee etc.
  • The top recruiters in the IT, Analytics and Consulting domain are Accenture, Capgemini, Wipro, Tiger Analytics offering roles like Data Analyst, Cloud Consulting, Management Consulting, IT & Business Development, Strategy Intern etc.
  • The top recruiters in the Supply Chain and Operations domain are RB, Tata Consumer Product, Amway, GE Power offering roles like Supply Chain Management Intern, Quality & Process Excellence Intern, Operations Strategy etc.
  • The top recruiters in the Finance domain are Synergy Consulting, GE Healthcare, Maersk, BNY Mellon offering roles like Project Financial Consulting, Financial Planning and Analysis, Accounting Intern, Wealth Management etc.
  • The top recruiters in the HR domain are The Strategist, Jaipur Rugs, Cardekho offering roles like Human Resource Intern, Performance Management Intern, General Management Intern etc.

Stipend Statistics

Pointer 2020-22 Batch 2019-21 Batch % Change
Highest Stipend 3.0 L 4.0 L – 25%
Median Stipend 1.43 L 1.24 L 15.32%
Mean Stipend 1.78 L 1.5 L 18.66%
Mean Stipend of female students 1.97 L 1.76 L 11.93%
  • There is a significant increase in median and mean stipend despite tough times which shows the trust of recruiters in the students of IIT
  • Mean Stipend is more than median stipend showing that the stipend band is diverse.

Conclusion

There was a significant increase in stipend offered compared to last year resulting in 100% placements. The top domains that students preferred are Sales & Marketing which is followed by IT, Analytics and Consulting.

References

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