T5E’s Placement survey 2022-23 was conducted during February 2023 to study the statistics of the Placement season of 2022-23. The survey witnessed a total of 256 responses across the entire graduating class (UG+PG). The respondents spanned across various degrees (albeit disproportional) and departments who appeared for the placement season. Close to 75% of the respondents were UG’s (B.Tech + DD) and the rest were PG’s (MSc+M.Tech+MBA+PhD+MS)
Note: The correlations found in these articles are from the inputs of the sample size of the number of respondents, although it may or may not reflect the entire placement statistics.
The study concentrated on a number of topics that were pertinent to the respondents’ placement statistics, including preparation, opinion, academics, and career. The basic demographics of the survey across students with various degrees and branches are shown in the charts below.
Please take a look at the aforementioned charts to get a sense of the demographics of the survey’s participants. These charts are essential to understanding the findings we obtained for a number of questions, which largely depend on a person’s department/degree. In comparison to UG students, graduate students and females are underrepresented, whereas departments like ME, EE, and CS have greater response rates.
This article explores the academic component of the 2022–2023 placement season. It provides answers to many queries on the impact of academic credentials on job preparation, interviews, and much more.
CGPA is one of the most influencing factors of the placement season as we have drawn conclusions from the survey. Here is the CGPA distribution of the students during the placement season (UG & PG seperately). The mean CGPA of PG students is higher than the mean CGPA of UG students.
Around 36% of the respondents with high CGPA (>9) accepted a Core Engineering job offer during the placement season. Non-Core jobs like Data Science, quant, SDE, etc. seem like the more popular option in all CGPA ranges.
The majority of responders with CGPAs greater than 9 were placed in slot 1.1. After that, over 20% of the same group of responders were placed in slot 2.1. At the conclusion of Day 2 alone, a staggering 85% of responders with high CGPAs (>9) had found employment.
In today’s competitive job market, academic performance plays a crucial role in determining a student’s future employment prospects. According to the survey, students with a CGPA below 7 have an average starting salary of 14.15 lakhs per annum. However, those with a CGPA between 7-8 have an average starting salary of 18.96 lakhs per annum, a significant jump from the previous category. Similarly, students with a CGPA between 8-9 and 9-10 have average starting salaries of 27.36 lakhs per annum and 37.51 lakhs per annum, respectively. This data underscores the importance of academic performance and highlights the significant impact it can have on a student’s career prospects.
Around 22% of those surveyed chose IDDD/DD conversion. Data Science (DS), followed by robotics, was the most chosen topic among those who switched to IDDD.
Interestingly, the mean CGPA among IDDD/DD responders (8.77/10) was much higher than the same figure for students without dual degrees (8.31/10). This can be because IDDD programmes have a high threshold CGPA and dual degree students have an additional year of study to improve their academic standing.
According to the survey, the IDDD/DD program has shown good results in Phase 1.1 placements with a placement percentage of 64%. These candidates received an average CTC of 47.28, which is quite impressive. Almost all of the placed candidates secured their jobs through campus placements or PPOs with day-3. The high placement percentage is a testament to the quality of education and training that the program offers to its students. The successful placement of IDDD/DD candidates in Phase 1.1 is a positive sign for the future of the program and a great opportunity for the students to kick-start their careers.
The majority of respondents said they did not choose any minor courses for their undergrad. With almost 46% of respondents choosing a minor, computer science was the most popular field. Following this at 30% was CH minor,and then came BT, MA&HS.
The top 4 career profiles that the majority of respondents accepted were software, analytics/data science, core engineering, and consulting (with and without minors).
According to our survey, students who pursued a minor in computer science (CS) had a significantly higher average cost to company (CTC) than those who pursued minors in other fields or no minors at all. The study found that students who finished CS minors had an average CTC of 37 LPA, while those who pursued minors in other branches or did not pursue any minors had an average CTC of around 24 LPA. These findings suggest that having a CS minor can be a valuable asset for students, as it can potentially lead to higher-paying job opportunities in the technology industry.
The below study shows a comprehensive view of average CTC vs job profile vs number students receiving the offers.
Software Development and Data Science are the most common job offers accepted by the respondents . As a whole, more than 85% of the respondents were placed in Software, Data science, Quant & Finance, Core engineering, and Consulting profiles.