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IIT Mandi Placements 2021: Average Domestic Salary Was Rs 17.6 Lakh

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By Nidhi Agarwal, Atul Ade
27 Mar'22  2 min read
IIT Mandi Placements 2021: Average Domestic Salary Was Rs 17.6 Lakh
Synopsis

IIT Mandi, a new generation Indian Institute of Technology, saw their 2022 graduating engineers secure an average salary of Rs 17.6 lakh in placements. Till 2018, there were just four undergraduate BTech programmes in IIT Mandi, including Computer Science and Engineering. Here’s a report on the branch-wise salaries.

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IIT Mandi Placements 2021: Average Domestic Salary Was Rs 17.6 Lakh
Synopsis

IIT Mandi, a new generation Indian Institute of Technology, saw their 2022 graduating engineers secure an average salary of Rs 17.6 lakh in placements. Till 2018, there were just four undergraduate BTech programmes in IIT Mandi, including Computer Science and Engineering. Here’s a report on the branch-wise salaries.

For the batch graduating in 2022, the campus placement drive at Indian Institute of Technology (IIT) Mandi fetched the BTech students an average salary of Rs 17.6 lakh per annum. Following the general trend with engineering jobs, the highest average salary went to students of Computer Science and Engineering (CSE).

As per the National Institutional Ranking Framework’s (NIRF) 2021 listings, IIT Mandi holds the 41st rank among all the engineering institutes across the country. Although still in the top 50 despite its recent inception – IIT Mandi was founded in 2009 – it has slid in the rankings in recent years, from 20 in 2019 to 31 in 2020 and finally, 41 in 2021. IIT Mandi, founded in 2009, is among the new generation IITs and was among the top 50 engineering institutes over the last six years of NIRF ranking.

Data on job offers, salary and recruiters was sought through a Right to Information application. IIT Mandi shared information on domestic average salary, the number of students to opt out of placements; and the job offers accepted for the previous batch.

BTech Jobs: IIT Mandi Average Salary

IIT Mandi offered four undergraduate courses till 2018, including Computer Science and Engineering, Electrical Engineering, Mechanical Engineering and Civil Engineering. Two more undergraduate courses were added in 2019 – Engineering Physics and Data Science and Engineering. A dual degree programme in Bioengineering was also added. However, these students will appear for placements this year.

IIT Mandi did not disclose details on the maximum and minimum salaries by branch saying “ As per IIT Mandi policy, we do not disclose the maximum/minimum salary”.

The average salaries secured by each of the engineering branches are given below.

BTech Placement 2022: Domestic Average Salary At IIT Mandi

Branch

Average Salary (In Rs Lakh)

Computer Science and Engineering

28.06

Electrical Engineering

18.53

Mechanical Engineering

12.31

Civil Engineering

11.47

IIT Mandi Placements: Opting Out

About 150 students took admission in the batch that was enrolled from 2017 to 2021 in IIT Mandi, as per data shared with the NIRF for the purpose of ranking. However, there is no data on the number of students enrolled in the batch that studied from 2018 to 2022. IIT Mandi has furnished the number of students who opted out in their RTI reply, and it was 20 across the four branches of Engineering. Eight students of EE opted out of campus placements, six students from ME, four students of CE and just two from CSE branches.

Also Read | IIT Delhi Placement Report 2020-21: Branch-Wise Placement Rate

IIT Mandi Recruiters

About 104 companies participated in the IIT Mandi placement drive for 2020-21, including a significant number of start-ups. Some of them are listed below:

  1. Brigosha Technologies Pvt Ltd,

  2. Couture.ai Pvt Ltd

  3. ImpactGuru,

  4. Morphle Labs

  5. Reading Right

  6. Sprinklr

  7. Yellow.ai.

  8. VisibleBox

  9. Nference labs

  10. UnDosTres

  11. Swiggy

  12. Byju's

  13. Toppr Technologies Pvt Ltd

  14. Practically

  15. Razorpay

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