PRAYAGRAJ: Despite the ongoing pandemic, Motilal Nehru National Institute of Technology (MNNIT)-Allahabad has registered an impressive growth of 24.75% in placement of its students this time (2021-22) as compared to the last placement session (2020-21). This year, a total of 1,057 offers were made to students by over 319 companies with an average salary package of Rs 17.17 lakh per annum (LPA) for all nine BTech programmes offered by this lone NIT of Uttar Pradesh.
Director MNNIT-Allahabad, Prof Rama Shanker Verma, said, “As many as 156 students received offers above Rs 30 LPA, 57 above Rs 40 LPA and 24 above Rs 50 LPA”.
Two students also got international offers with packages of Rs 1.18 crore per annum and Rs 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 highest domestic package of Rs 57.5 LPA even as other students also received impressive offers from industry giants like Microsoft, Google, DE-Shaw, Atlassian, Amazon, Goldmann Sachs, Salesforce, Oracle, Qualcomm, Flipkart and PhonePe among others. This list also included PSUs like BEL, EIL, HPCL and Bhagyanagar Gas Ltd etc, officials shared.
The highest ever record of 95.40% placement rate was recorded in all BTech programmes this time. The average package offered to BTech graduates also registered an impressive increase of 23.98%, with BTech CSE coming first with highest average package of Rs 25.89 lakh per annum and BTech information technology with average package of Rs 21.4 LPA followed by ECE at Rs 18.99 LPA. 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 Rs 57,400 per month and highest stipend of the session, ie, Rs 1.6 lakh per month was offered by Uber.
