2024-05-25 |
Study Abroad

38% of IITians across 23 campuses remain unplaced in 2024: Report

Is the IIT Dream Job Fading? Alarming Stats on Graduate Employment
News Update
  

38% of IITians across 23 campuses remain unplaced in 2024: Report

According to RTI data, around 38% of the IIT students from all 23 campuses have not yet been allotted placements. According to the data, about 8,500 students out of the 21,500 registered this year have not been allotted placements, which is a significant increase from previous years. In 2023, the percentage of un-assigned students stood at 23%, and in 2022 it was at 19%. According to reports, some IITs, including Delhi and Mumbai, have reached out to alumni networks to help them find placements for unassigned students.

Possible Reasons for Un placements:
  • The Economic Slowdown: If the economy slows down, companies may be hesitant to hire new employees or offer lower wages.
  • Growth in the number of IIT graduates: The demand for IIT graduates is likely to outpace the capacity of the job market to absorb them.
  • Skill mismatches: Some graduates may not have the right skillset to meet the current industry needs.

However, some IITs are actively looking for alumni networks to help close the gap and put students on placements. IITs have also discussed the possibility of removing the top salary packages from their placement reports to give a more realistic view of average offers.

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