IIT BHU Placement Records A Dip, 40% Of Students Fail To Secure Jobs in 2023-24; Highest in 3 Years

Indian Institute of Technology Banaras Hindu University (IIT-BHU) has faced a significant setback in its placement drive for acemic year 2023-24, with approximately 40 percent of students failing to secure job offers, according to an RTI reply. This marks highest number of students, totaling 692, who were not placed in last three years.

RTI data shared by Dheeraj Singh, an alumnus of IIT Kanpur, revealed that in acemic year 2023-24, 39.8% of students at IIT-BHU did not receive job offers, compared to 23.52% in previous acemic year 2022-23.

Despite a marginal rise in median salary, average salary package remained largely stagnant compared to previous year. latest placement data indicates a median salary of Rs 20 lakh and an average salary package of Rs 22.85 lakh, representing a modest increase of just Rs 17,234 from previous year's average salary.

situation appears to be reflective of a broer trend across various IITs in country. Anor RTI reply revealed that nearly 44% of students at IIT Indore and 33% at IIT Kharagpur are yet to secure placements this year.

IIT BHU Placement Data of Last 3 Years

Here's a breakdown of IIT BHU placements data over last three years:

In acemic year 2021-22, 1,328 students registered for placements, out of which 1,078 were successfully placed. In 2022-23, 1,428 students registered, with 1,092 securing placements. However, in 2023-24, despite an increase in number of registered students to 1,735, only 1,043 managed to secure job offers.

salary packages received by students over past three years also demonstrate fluctuations:

In 2021-22, median salary was Rs 20,40,171, with an average salary of Rs 23,23,945.
In 2022-23, median salary saw a significant drop to Rs 12,00,000, while average salary stood at Rs 22,68,665.
In 2023-24, re was a recovery in median salary to Rs 20,00,000, with average salary slightly increasing to Rs 22,85,899.

concerning statistics underscore need for concerted efforts to dress challenges faced by students in securing placements, as well as broer implications for higher education sector in India.