MNNIT Placements 2022 records 24.75% increase in recruitment

A total of 319 companies participated in MNNIT Placements 2022. Students received nearly 1,057 offers with an average salary package of INR 17.17 lakh per annum (LPA) for all nine BTech programmes.

MNNIT Placements 2022

MNNIT Placements 2022: Pandemic had no side-effect on the MNNIT recruitment drive.  Motilal Nehru National Institute of Technology (MNNIT) Allahabad registered a record-breaking growth of 24.75% in the placement of its students this year (2021-22) as compared to the last placement session (2020-21).

1,057 offers made

A total of 319 companies participated in MNNIT Placements 2022. Students received nearly 1,057 offers with an average salary package of INR 17.17 lakh per annum (LPA) for all nine BTech programmes offered by this lone NIT of Uttar Pradesh, informed Professor Rama Shanker Verma, director MNNIT-Allahabad on Wednesday.

300 students receive job offers with average CTC

In addition, 300 students received job offers with above this average CTC. “As many as 156 students received offers above INR 30 LPA, 57 above INR 40 LPA and 24 above INR 50 LPA,” The professor added.

International package of INR 1.18 cr

The recruitment drive also recorded international offers received by two students with packages of INR 1.18 crore per annum and INR 65 lakh per annum respectively. The students from BTech computer science and engineering (CSE), as well as electronics and communication engineering (ECE), were also offered the highest domestic package of INR 57.5 LPA.

Industry giants such as Microsoft, Google, DE-Shaw, Atlassian, Amazon, Goldmann Sachs, Salesforce, Oracle, Qualcomm, Flipkart and PhonePe among others made impressive offers. This list also included PSUs like BEL, EIL, HPCL and Bhagyanagar Gas Ltd etc, officials shared.

The highest ever 95.40% placement rate was recorded in all BTech programmes this time. The average package offered to BTech graduates witnessed an increase of 23.98%. Highest average package of INR 25.89 lakh per annum received by BTech CSE and BTech information technology with average package of INR21.4 LPA followed by ECE at INR18.99 LPA. They were followed by electrical engineering at INR13.03 LPA, biotechnology at INR 12.19 LPA, production and industrial engineering at INR 10.56 LPA, civil engineering at INR 9.96 LPA, mechanical engineering at INR 9.47 LPA and chemical engineering at INR 9.20 LPA.

MBA recorded 36% increment in CTC from previous year

Apart from BTech, MTech and MCA programmes also notched up excellent placement growth with average CTC increment of 20.69% and 37.31% respectively. In addition, MBA stood out at 95% placement rate showing an impressive 36% increment in CTC from previous year (2020-21).

It is worth mentioning that 236 students from BTech and MCA got internship offers from top-notch companies with average stipend of INR 57,400 per month and highest stipend of the session, i.e. INR 1.6 lakh per month was offered by Uber.

The internship opportunities for MTech students also enhanced by 62% with the highest stipend of INR 54,000 per month, said institute officials.

With the highest placements so far, MNNIT-Allahabad is again ready to mark the onset of placement session for 2022-23 session.

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