Buoyed by its success in the national ranking and admission process this year, the National Institute of Technology, Calicut (NIT-C) is into the final stages of placement with the highest annual compensation offered being ₹50 lakh and the average package being ₹15 lakh.
The placement process at the institute started towards the fag end of last year for the students especially of the B.Tech. final batch. “As of now 570 students have got offers from about 130 companies. The final placement results will be out in May first week,” S.M. Sameer, Professor and Head of Centre for Training and Placement, told The Hindu on Friday.
Over 600 students, he said, would be hired this year. Some of the students have also secured overseas placement in the U.K. and the United Arab Emirates. “Small companies, possibly in the service sector, may have shied away from the recruitment process since we have kept the minimum salary for recruiting students at ₹5 lakh,” he said.
The average compensation last year was ₹8.5 lakh and the highest package offered was ₹40 lakh.
This year, the NIT-C had secured the 28th position, a marked improvement from the 50th rank last year among engineering colleges at the National Institutional Ranking Framework by the Ministry of Human Resource Development.”However, this result will be reflected in recruitment next year. Now the NIT-C is the top engineering college in the State and among the top five NITs in the country,” institute director Sivaji Chakravorti, said.
Dr. Sameer expected the possibility of some companies going for hiring at the last moment. Almost all the students of the B.Tech Computer Science course and 90 % of B.Tech Electronics and Communication branch have received good placement.
“About 65 % from the Electrical branch has succeeded in obtaining offers. Besides, this time more students from other branches such as Mechanical, Production, Biotechnology and Engineering Physics have got opportunities,” he said.
He pointed out that hiring have taken a new phase with companies focusing on aspects such as Artificial Intelligence, data science and machine learning. “Even the traditional mechanical branch is getting fresh definition in this era,” he said.
About 150 students, Dr. Sameer said, had secured two-month paid internship between ₹20,000 and ₹1 lakh. “This would be an experience for them and many have also received pre-placement offers,” he said.