IIT BHU bags over 1000 offers till Day 4 of final placement
IIT BHU placements: The institute has so far received four offers with INR 1 crore plus CTC and 307 pre-placement offers. The average CTC has been recorded at approximately INR 24.20 lakh, an increase of 7.77 per cent.
Image via IIT BHU Twitter handle
The Indian Institute of Technology (BHU), Varanasi has received more than 1,000 placement offers till Day 4 of the 2022-23 placement season.
The institute has so far received four offers with INR 1 crore plus CTC and 307 pre-placement offers. It has received 37 international offers, which is a 15.62 per cent increase compared to last year. The average CTC has been recorded at approximately INR 24.20 lakh, an increase of 7.77 per cent.
Around 474 offers, including 305 PPOs, were received till the end of the first two slots of Day 1 of final placements. Quantitative trading firm Graviton Research Capital offered the highest package of INR 1.2 crore. As many as 46 companies participated in the first two slots making a total of 169 offers. Companies that offered packages between INR 15 lakh and INR 1.2 crore included AppDynamics, Squarepoint Capital, Airbnb India, Rakuten Mobile, Sprinklr, Wells Fargo, Uber, Flipkart, Microsoft, Accenture, Qualcomm, Texas Instruments, Walmart, Piramal and Navi, among others.
The institute has recorded a year-on-year growth in the overall average package. The number of companies that visited for hiring also increased slightly from 2022 to 2023. The table below represents the IIT BHU placement trends:
| Particulars | Placement Statistics (2021) | Placement Statistics (2022) | Placement Statistics (2023) |
|---|---|---|---|
| Average package | INR 17.81 LPA | INR 21.89 LPA | INR 22.77 LPA |
| Companies visited | N/A | 303 | 308 |
The annual report 2022-23 incorporates the highest and average packages for the 2023 drive, which are mentioned below:
| Particulars | Placement Statistics (2023) |
|---|---|
| Average package | INR 22.77 LPA |
| the highest package | INR 1.20 crore per annum |
IIT BHU tweeted, “The Institute wishes heartiest congratulations to the students for achieving 1000+ offers till Day-4 of the placement season. Expecting more figures to add to the list, our best wishes to the students for further rounds.
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| 1 | 633 |
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The institute concluded the 2023 placement session with 1,240 job offers made. This included 1,217 domestic and 43 international offers. Check the complete insights of IIT BHU placements 2023 from the table below: