IIT Tirupati B Tech Placements 2023: The Indian Institute of Technology, Tirupati (IIT Tirupati) has released the final placements for the B Tech batch 2023, The highest salary offered is Rs. 46 lakh per annum.
A notable increase in the number of registered students for placements over the past few years, showcasing a promising trend. However, the highest salary offered during placements witnessed a dip in the 2023 placement season. In this article, we delve into the data available to understand the dynamics of B Tech placements at IIT Tirupati.
Trends in Registered Students: The data available at the IIT Tirupati website reveals a progressive trend in the number of registered students for placements. Starting from 33 students in the 2016-2020 batch, the numbers fluctuated but showed an upward trajectory, reaching 49 in the 2019-2023 batch. This indicates a growing interest in placements among the students at IIT Tirupati.
B Tech Placement Trends: Similarly, the number of placed students in B Tech placements at IIT Tirupati saw variations. The count dropped from 28 in the 2016-2020 batch to 24 in the 2017-2021 batch. However, there was a substantial increase to 38 in the 2022 batch and further to 43 in the 2023 batch. This indicates an improving placement scenario at the institute.
IIT Salary Trends: The highest salary offered during BTech placements is an essential indicator of the job market’s health and the demand for talent. The highest salary had shown an upward trend from 43 lakh per annum in 2020 to an impressive 69 lakh per annum in 2022. However, in the 2023 placement season, it experienced a dip, falling to 46 lakh per annum. On the other hand, the average salary remained relatively stable, dropping from 15 to 14 in 2021 and then maintaining at 25 in both 2022 and 2023. Source: techgig
While the number of placed students has been on the rise at IIT Tirupati, showcasing a positive trend, the dip in the highest salary in the 2023 placement season raises interesting questions. It will be crucial for the institute to evaluate and adapt strategies to ensure both the number of placements and salary figures move towards a positive trajectory in the upcoming years.