BITS Pilani Records Impressive Placements Despite Industry Challenges; Places Over 3000 Students

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Despite facing industry-wide cuts and global economic challenges, BITS Pilani and Hyderabad campus achieved the highest domestic salary package at INR 70 lakh and more than 600 students secured salaries above INR 30 lakh. Check details here!

BITS Pilani Records Impressive Placements Despite Industry Challenges; Places Over 3000 Students

New Delhi: Despite significant reductions in hiring and challenging global economic conditions in 2023, BITS Pilani, which includes the BITS Hyderabad campus, have successfully secured placements for over 3,000 students.

Regarding salaries, the BITS Pilani recorded the highest domestic annual package being offered at INR 70 lakh. Over 600 students were placed with salaries exceeding INR 30 lakh, excluding international job offers.

According to Balasubramanian Gurumurthy, Chief Placement Officer for India & Dubai at BITS Pilani, the university's average salary recorded a substantial increase of 13% compared to the previous year, reaching INR 20.9 lakh from INR 18.48 lakh.

The median salary for BITS Pilani exhibited growth of 12.5%, reaching INR 18 lakh in contrast to INR 16 lakh last year. The BITS Pilani placement season commenced in August 2022 with various pre-placement offers (PPOs) for summer internships.

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BITS Pilani Placements 2023: Highlights

Name of the Placements	BITS Pilani Placements 2023
Conducting Body	BITS Pilani & BITS Hyderabad
Total Students Placed	3,000+
Highest Domestic Package	INR 70 lakh per annum
Students with Salaries > ₹30 lakh	600+
Average Salary Growth	13% (from INR 18.48 lakh to INR 20.9 lakh)
Median Salary Growth	12.5% (from INR 16 lakh to INR 18 lakh)
Pre-Placement Offers (PPOs)
Students Receiving PPOs	318 (from firms like Microsoft, Google, Bloomberg, Uber, DE Shaw, NVIDIA, Samsung, Salesforce, etc.)
Highest Monthly Stipend Growth	Over 50% (from INR 2 lakh to INR 3.16 lakh)
CTC Growth from PPOs	35% increase (from INR 45 lakh to INR 60.75 lakh)
Total Companies Recruiting	574
Growth in Companies Visiting	15.7% increase
More Details	Click Here

Following the placement data, 318 students secured PPOs from prominent companies like Microsoft, Google, Bloomberg, Uber, DE Shaw, NVIDIA, hamsung, Salesforce, Wells Fargo, and others.

BITS Pilani Placements 2023: Prominent Sectors

Sector	Top Recruiters
Electronics Sector	Qualcomm offered 100+ positions across campuses
Manufacturing Sector	Companies like General Electric, Wabtec, Dover, Volvo, TATA Technologies, Sona Comstar, and more
Emerging Roles	Supply Chain Management with Micron offering INR 23 lakh
Management Consulting	Boston Consulting Group, Bain & Co., and McKinsey & Co. offered front-end consulting roles

For this year, there was a remarkable surge of over 50% in the highest monthly stipend when compared to the internship season of 2021-22. The stipend jumped from INR 2 lakh per month to INR 3.16 lakh per month.

Additionally, the final Cost to Company (CTC) resulting from pre-placement offers witnessed a substantial boost, rising from INR 45 lakh per annum to ₹60.75 lakh per annum, reflecting a 35% increase.

Apart from prominent industry giants like Google, Microsoft, Amazon, Visa, Adobe, Cisco, Uber, and Sprinklr, several flagship companies conducted extensive hiring. The core manufacturing sector also displayed optimism, with companies such as General Electric, Wabtec, Dover, Volvo Commercial Vehicles, Sona Comstar, TATA Technologies, etc.

Emerging roles such as Supply Chain Management garnered significant demand, with Micron offering INR 23 lakh to manufacturing sector students. Electronics sector displayed a strong presence, with Qualcomm extending over 100 offers across various campuses, and several other leading enterprises making double-digit hires.

The prevailing trend during the season revolved around management consulting positions, as evidenced by Boston Consulting Group, Bain & Co., and McKinsey & Co. presenting front-end consulting opportunities to undergraduate students.

A total of 574 distinct companies have visited and recruited students from BITS Pilani, marking a significant 15.7% surge compared to the previous year. This achievement is particularly noteworthy given the prevailing economic challenges, he said.

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