IIIT Lucknow Records Highest Package of Rs. 43 LPA in Campus Placement
Indian Institute of Information Technology, Lucknow (IIIT Lucknow) recorded a 100 percent placement of its flagship program in B.Tech. The placement for the year closed with an awe-inspiring highest package of Rs. 43 LPA in the academic year 2019-2020. The key highlights of the placements are, the average package was Rs. 18.42 LPA, the median package of Rs. 15 LPA, and the lowest package for the batch were Rs. 10 LPA. Some of the top recruiters that participated in the placements include Flipkart, Amazon, Google, Microsoft, LinkedIn, Vassar Labs, Samsung, Juspay, Sabre, Goibibo, Paytm, Expedia, Nykaa, White Panda, Wipro, TCS, American Express, Maven Hive, and many other leading tech companies from across the globe. Most of the positions were available in the consultancy and core IT sectors, along with a large number of jobs offered in the travel and finance sectors.
Among the new IIITs, the placement records of IIIT Lucknow is remarkable. The academic year 2018-19 was the first year of placement, where 96.80 % of the total students got placed in various domains. The highest package offered was Rs. 28 LPA, while the lowest package was Rs. 5 LPA. The average salary offered was Rs. 11.37 LPA with 20 percent of candidates receiving an average package of more than Rs. 22.50 LPA and 50 percent of total students bagged an average CTC of Rs. 13.75 LPA. There has been an appreciable rise in the highest, lowest, and average CTC offered to the candidates, along with an overall increase in the number of placed students in the two consecutive years.
The graph above exhibits the comparison of the placement statistics in the academic year 2018-19 and 2019-2020. It represents a significant increase in the highest, average and lowest packages, respectively.
“IIIT Lucknow has surpassed its previous year’s record of job placement. It was observed that the number of companies that have shown interest in recruiting our students has doubled this year. This is an encouraging sign for a comparatively new institute like us. The upsurge in placement figures is a testimony to the learning atmosphere IIIT Lucknow has created for transforming students to win the confidence of prominent recruiters”, said Prof A.M. Sherry, Director, IIIT Lucknow.
The placement process for the session 2020-2021 is on. IIIT Lucknow is dedicated towards training its students to outshine in placement interviews. This is ensured by integrating industry-oriented mini projects and internships in programs designed for improving their technological prowess as well as their communication skills.