Categories: Bangalore

In online NIT-K’taka hiring, student bags Rs 51 lakh pay

MANGALURU: After conducting classes and exams online this academic year, the National Institute of Technology-Karnataka, Surathkal, has conducted remote campus recruitment in which 85% under-graduate and 57% post-graduate students have been picked primarily by technology and core engineering companies, reports Kevin Mendonsa.
Despite the pandemic, a student of the country’s premier tech school bagged the highest annual pay package of Rs 51.5 lakh from a startup.
The average student yearly pay package has gone up to Rs 11 lakh this year from Rs 10 lakh last year.
269 companies took part in campus hiring, 15 yet to joinInterestingly, more companies have participated in this year’s recruitment drive, which will go on till end of June.
Till now, 269 companies have taken part in the process, and 15 companies are yet to join in.
This year, the company tally is expected to be 284, way higher than 256 of the last year.
The institute has 800 undegraduate students, of which 666 were eligible for the drive.
And 566 students of them have been made job offers so far.
The PG sections have 600 students, and 541 candidates of them are participating in the placement process.
As many as 339 (or 57%) candidates have been placed so far.
Last year, most of the recruitments had been done in the traditional fashion before Covid-19 broke out towards the end of March, and only the last few days of the drive went online.
Vijay Desai, chairman of career development centre of NIT-K, Surathkal, said the institution expects at least 30 more BTech and MTech students to land jobs by this month-end.
Some legacy companies which were on the campus include Isro, BEL, BEL-CRL and GAIL, and they zeroed in on a good number of students from BTech and MTech streams.
CS & IT students in demandAlmost every single student of Computer Science and IT was picked with these streams accounting for 100% and 98%, respectively, campus hiring.
At least 70% BTech students from each department walked away with job offers.
About 80 students – or 10% of total BTech strength in the final year – stayed away from placements since they said they have secured admissions for higher studies in institutions in India and abroad.

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