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Students get placement offers in the first year of M.Stat. In general, however, most students prefer to go abroad for higher studies. Students who sit for placements mostly get placed in Finance and Analytics companies, typically in Business Analyst, Risk Analyst and other roles. ISI has a 100% placement record for B.Stat- M.Stat students. Companies like Goldman Sachs, McKinsey & Co., JP Morgan & Chase, Amazon, etc. come for placements. Last year, the highest package offered was 56 lpa with the package being 28 lpa. M.Tech CS had the highest overall package at 89 lpa.
Placement is always 100% successful because the institute has good tie-ups with the industry. With an average salary of INR 19 LPA the institute offers a successful placement drive. Companies like Reliance, Deloitte etc come for placement.
The maximum salary offered was Rs 40.97 LPA and average was Rs 25.05 LPA for 2017-2019 session. Total 60 students were selected for 2017-2019 batch. There is great enthusiasm to maintain the excellent opportunity from the placement drive.
Undergraduate students are not allowed for placements. Masters students can sit for placements which starts at the beginning of third semester. Apart from that some students also get PPO after completing there internship at the end of first year of Masters or final year of undergrad. Companies like Goldman Sachs, Morgan Stanley, JPMC, Deloitte, Microsoft, Google, Intuit, UBS, Amazon etc.(all the names can be found in the placement brochure published by the institute and available online)According to 2021-2022 placement statistics for M.Stat. course:Highest package: 56 LPAAverage package: 22 LPAMedian package: 19 LPA(Placement statistics for previous years can be found in the placement brochure published by the institute and available online)Every year around 50% of the students completing M.Stat. go for PhD (mostly abroad but some prefer ISI) and remaining 50% go for a job. 100% of those students who go for a job get placed. My plans after completing M.Stat.: As of now, I wish to go for a PhD but is stuck in the situation of "PhD vs job".
Students become eligible for campus placements right after completing their B.Math(Hons) degree, i.e after their 6th semester. Companies like Microsoft, Google, LinkedIn, Wipro, and other Multinational Companies visit and every student gets an offer from one company or the other. The package ranges from 10LPA to 25LPA. Those students who opt for placement after their B.Math(Hons) course is over, all get a placement offer while most of the students prefer to continue their Master's Degree. I too would like to complete my Master's Degree after my bachelor and think about further options thereafter.
Students become eligible for placement after the 5th semester. However, most of the students opt for higher studies but whoever sits for placement is placed. There has been 100% placements for the last two years. The highest package offered is 22 LPA and the average being 14LPA. Top recruiters include Walmart Labs, Chegg, etc. The places offered are in programmers, RND, analysts, etc. However, I will more likely go for higher studies abroad.
Placement are awesome here with avg salary more than 15/16lacpa ( which is comparable with IIMs) If you want to go for research the training which you will get during B. Stat and M. Stat will make you confident and comfortable in your phd. Lots of world best universities including standard, Hardvard offers phd for every year to ISI M. Stat students.
The placements as I mentioned earlier also are the best that one can hope for. The recruitment drive is conducted around October every year and many world famous companies are a part of the drive. The placements are around 100% every year (for students who sit in placement, since everyone doesn't sit for placements and go for PHD's). No special preparation, our course is enough for that.
The placements and internships are offered in great number. Various reputed companies like Microsoft, Directi, IBM Research lab, Goldman Sachs, Myntra Samsung Research Lab, TCS , ICICI bank, American Express, Deloitte, OYO Rooms and many others have recruited students in large numbers. The average salary package offered was INR 15-19 LPA. Employment opportunities are great. Companies also visit to offer internships. Students from our batvh are working as Mathematician, Data Analyst, Numerical Analyst, Cryptanalyst etc.
Various job offers were given to students. Companies like Microsoft, Deloitte, Directi, IBM Research lab, OYO Rooms, Goldman Sachs, Flipkart, Myntra, Samsung Research Lab, TCS Innovation lab, Walmart, TCS, Reliance Industries Ltd, ICICI bank, American Express recruited students at respectable positions. Highest package offered was Rs. 42 lakhs and average salary package offered was Rs. 16-19 lakhs. Students were placed at positions like Application Developer BDA, Computer Operator, Client Server Systems Manager etc.
ISI Kolkata has a great placement record. The placement average stays around 100%. As per the trends of last few years, ISI Kolkata placement has an average CTC of INR 17-18 LPA. Some of the major recruiters that participate in the placement drive are Goldman Sachs, Reliance, Deloitte, Walmart, Samsung, etc.
One of my friends is an alumnus of ISI Kolkata and here is his insight into the placements for MTech CS.
Other than that you can apply for summer internships and if you perform well you will receive PPOs. But if you are expecting a job strictly related to your field after the compilation of your masters then don’t choose ISI. It is an excellent option if you want to do a Ph.D. or want a career in research.
One of my friends is currently in his first year of M.tech CS at ISI Kolkata. Here are some crucial insights regarding the academics and placements according to his experience.
Academics:
Placements:
ISI is particularly famous for statistics. So, most companies coming for placements offer Data science profiles. Very few companies would be offering developer job roles. So regarding the placements, it’s the best place to grab data scientist roles with lucrative packages. In the recent placement highlights, the average and highest CTC offered was 19.80 LPA and 42 LPA.
Overall, ISI Kolkata is an amazing place to pursue your M.Tech in CS. The great academics and placement record indeed make it a haven for students associated with CS, mathematics, and statistics fields.
Microsoft, Goldman Sachs, Alphonso, JPMC, Walmart, Americal Express, Capital One, Mckinsey, Standard Chartered, etc. are the companies that come for placements at ISI Kolkata for M.Stat. Students are usually recruited as Data Scientists, Analysts, Associates in the field of Actuary, Data Science, Analytics, etc. According to the recent highlights of ISI Kolkata placements, the average CTC offered to M.Stat students is around INR 19 LPA.
I have friends studying in ISI Kolkata and old IITs. Based on my conversations with them, I will say there is no doubt that M.stat students from ISI have better chances of landing jobs with really lucrative salaries. You will be surprised by the fact that ISI is known for its 100% placement ratio for M.Stat. This is not the case you would be able to find in any IIT whether old or new.
I have attached a video that will brief you on the ISI Placement scenario
Overall, ISI stands as a premier institute for fields especially related to stats, math, and economics with a 100% placement ratio.
My friend is currently studying at ISI Kolkata, and according to him, there’s no specific course on Data Science currently. However, students belonging to M.Tech CS often get placed in companies for data science profiles. Thus, you must check the placement insights for M.Tech CS instead.
Here are some crucial placement stats for M.Tech CS batch in recent years.
The placement scenario at ISI Kolkata remains absolutely impressive for almost all courses. Almost everyone gets placed, except those who are going for higher studies instead. If you are confused about the placement system at ISI Kolkata, you don’t need to worry at all. You can grab pretty attractive packages with your caliber.
All the courses of ISI Kolkata i.e. M. Math, M. Tech (CSE), M. Stat, MSQE, and M. Tech QROR have the same placement rate that is 100%. All the courses have a placement rate of 100% and every student of ISI Kolkata either gets placed.
The only thing that differs in all these courses in terms of placement is the time when they get placement. The students from one course get placed earlier than the other. M.Stat students get placed earlier than the MSQE or M.Tech students. According to the average package, the students of M.Stat usually receive a higher average package. However, MSQE or M.Tech students also get higher packages in some years. The average CTC offered at the institute is 19 LPA.
Despite the economic slowdown, the Post Graduate Diploma in Business Analytics (PGDBA) program offered jointly by IIM Calcutta, ISI Kolkata, and IT Kharagpur witnessed a growth in the average and median remuneration of students from the previous year. The average remuneration and median remuneration grew by 12.75% and 14%, respectively, with an average salary of INR 29.71 LPA achieved and the highest offer of INR 42.50 Lacs. Additionally, 77.41% of the class received full-time job offers (PPO).
The PGDBA program is a rigorous academic program that spans three semesters, with each semester being held at one of the three premier institutes. During the coursework at ISI Kolkata, students develop expertise in statistical learning theories for analytics, while at IT Kharagpur, they apply these theories to Machine learning and Artificial intelligence. At IIM Calcutta, candidates learn how to utilize these tools in functional areas of management.
The career prospect of doing M.Tech in Quality Reliability and Operations Research from ISI Kolkata can be divided into two parts, i.e. jobs and placements. You don’t need to worry about job prospects, you will get placement offers as a Business analyst or Data scientist with a similar CTC of top b-school graduates. According to the 2021 ISI Kolkata placement highlight, the average CTC offered was INR 19 LPA.
Doing Ph.D. or higher studies can be difficult, especially if you are planning on going overseas. It’s better if you choose the Industrial Engineering domain. It will aline with QROR. If you are interested in Data Science or Machine Learning domain, you can consider doing some projects. ISI offers ample opportunities for such projects.
Here's an overview of the internship and Final Placement data for the M.Tech CS 2021 Batch:
Summer Internship
Final Placements
The top recruiters for the year 2021 were Google, Alphonso, Morgan Stanley, Microsoft, Amazon, Flipkart, PayPal, Samsung, KPMG, OYO, TATA, Naukri.com, Reliance, and others.
Companies | |||
---|---|---|---|
Amazon | Capital One Financial Services | Credit Suisse Business Analytics | Ernst & Young |
Flipkart | Johnson & Johnson | McKinsey & Co | Accenture |
Deloitte | Fidelity | Goldman Sachs | Microsoft |
Morgan Stanley | Reliance Industries Ltd. | Samsung | UBS |
Citi Bank | ANZ-IT | Cummins India Ltd | Myntra |
JP Morgan | ICICI Bank | Tata | Edelweiss |
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