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    IIT ISM Dhanbad Placements 2023-2024: 40% students yet to be placed

    Psychographic Society - IIT ISM Dhanbad Placements 2023-2024: 40% students yet to be placed

    IIT Dhanbad’s average salary also declined and the 2023-24 figure has been the lowest in three years.

     

    Around 40% students are yet to be placed in the on-going placement season of 2023-24 at Indian Institute of Technology ( Indian School of Mines), Dhanbad, a Right To Information (RTI) reply revealed. Out of 1,595 students who registered for the IIT ISM Dhanbad placements, 642 students are yet to be placed, highest in the last three years.

    The RTI application filed by Dheeraj Singh, an alumnus of IIT Kanpur, received the response on May 7, 2024. Out of the students registered, around 60% students have been placed. This number was 76% in 2022-23, 72% in 2021-22.

    The average and median salaries have also declined over the years. In 2023-24, the annual median salary and average salary stood at Rs 12 lakh and Rs 15 lakh, respectively.

    Overall, the placements across IITs have been suffering. IIT Dharwad, IIT Hyderabad, IIT BHU and several others have reported in RTI replies, sent from the last week of April, that around 40% students are not placed in the current academic year.

    IIT ISM Dhanbad Placements: Trend over the years

    2021-22

    2022-23

    2023-24

    Total Registered Students

    1,484

    1,446

    1,595

    No of students placed

    1,075

    1,108

    953

    No. of Students Not Placed

    409

    338

    642

    Median Salary (In Rs lakh per annum)

    14

    13.64

    12

    Average Salary (In Rs lakh per annum)

    16.84

    17

    15.83

    Overall,the median and average salary has also declined. The highest average salary was in 2022-23 – Rs 17 lakh per annum.

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