IITians placement Rates 2024: 38 percent of students remain unemployed this year
IITians are facing challenges in job placement this year. Around 38 percent of students don’t get placement among 23 campuses.
The session 2024 of the India Institute of Technology (IIT) facing challenges and a drastic downfall has been observed in the placement record this year. According to the Right to Information ( RTI ) plea filled by an IITian, Kanpur alumni Dr. Dheeraj Singh around 8,000 students from 23 campuses facing unemployment at the start of their careers and remain unemployed this year which led to a huge concern for the students and parents as well .
In 2024 among 21,500 students who registered for the placement only 13, 410 secured their jobs and 38 percent still searching for their jobs contacting the alumni and reaching for help with the engineering companies and firms. In a recent post on Linkedin Dheeraj Singh shared the problems faced by the students of IIT Bombay and Birala Institute of Technology and Science other institutions have been contacted by the alumni seeking jobs. According to the report of RTI, in 2024 - 329 students were not placed and 171 students 2022 batch are still jobless.
According to vice-chancellors, the BITS group stated that 20- 30 percent of placement records get lower every year, and if any institution claimed to place all the students then the quality jobs of may decline. The hiring declined to 30 percent and due to elections companies have put wait and wait-and-watch policy. Over 7,000 students are yet to be placed via campus across all 23 campuses. The downfall of placement would affect the mental health of many students and it is a serious issue for many engineering colleges 61 were of post-graduation who are still unplaced and IITians established the concern of job crisis .
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In 2024, the placement rates for IITians indicate that 38% of students remained unemployed. This figure reflects the current scenario and serves as an important metric for evaluating the job market dynamics for graduates of prestigious institutions like the Indian Institutes of Technology (IITs).
Several factors could have contributed to the unemployment rate among IITians in 2024. These may include the overall economic conditions, industry-specific trends, changes in employer preferences, and even individual factors such as skill misalignment or geographical constraints.
A comparison of the 2024 placement rates with previous years' data would provide insights into the trend. By examining historical placement rates, we can gauge whether the 38% unemployment rate in 2024 represents an anomaly or part of a broader trend. It's important to analyze such data in context to understand the dynamics of the job market for IIT graduates.
nstitutions like IITs often collaborate with industry partners to align their curriculum with current market demands. Additionally, career counseling services, skill development programs, and entrepreneurship initiatives are typically offered to equip graduates with the necessary tools to navigate the job market successfully. These efforts aim to reduce unemployment rates and ensure that graduates are well-prepared for their careers.
Prospective and current IIT students can take proactive steps to enhance their employability. This may involve acquiring additional skills, participating in internships or research projects, building a strong professional network, and staying updated on industry trends. By being proactive and adaptable, students can increase their chances of securing rewarding opportunities despite the challenges posed by the job market.
