Is IIT completely government or private? Know why the world’s biggest companies queue up here for placements


Is IIT completely government or private? Know why the world's biggest companies queue up for placement here

The name of IIT is like a magical word among millions of youth and students of the country. Every year, students from every corner of the country work day and night to achieve this biggest milestone in the world of engineering. But amid all this, there is always confusion in the minds of many people and especially new students whether IIT institutes are completely government or they are run like private institutes. Today, through the eyes of a reporter, we will decode the entire reality of this prestigious institute and know why it is considered the best placement hub in the world.

The real truth of IIT: is it government or private? If you also have this question in your mind, then the simple and clear answer is that IITs i.e. Indian Institutes of Technology are completely autonomous public institutions. They are established and operated under the Ministry of Education of the Government of India. The Parliament of India has passed the ‘Institutes of Technology Act’ and given them the status of ‘Institutes of National Importance’. However, despite being government, they have complete freedom to take their own rules, syllabus and administrative decisions, which makes them completely different and very advanced from normal government colleges.

Why IIT institutes are best for world’s top companies Now the question arises that why do the world’s biggest and renowned companies like Google, Microsoft, Apple, Amazon and Facebook (Meta) reach these institutes of India first for placement every year? The biggest reason for this is the stringent filtration process here. To get admission in IIT, students have to pass ‘JEE Advanced’, one of the toughest examinations in the world. The IQ level and problem solving skills of these selected students, selected out of millions, are excellent. Companies know that here they will find the world’s best and sharpest minds under one roof.

International packages worth crores and luxurious career The news of IIT placement season makes media headlines every year. The domestic and international salary packages offered to the students here are astonishing. While in domestic placements, students easily get offers ranging from Rs 40 lakh to Rs 1 crore per annum, for international placements (like posting in America, London or Singapore) this figure reaches Rs 2 to 4 crore per annum. Such a huge amount and such rapid growth in career is seen in very few institutes in the world, that is why the craze for IIT never subsides.

World Class Infrastructure and Global Alumni Network Apart from packages worth crores, another biggest strength of IIT is its infrastructure and alumni network. Today, CEOs of many big companies of the world (like Sundar Pichai of Google) have been students of IIT. When these alumni reach big positions globally, they give preference to their own junior IITians for recruitment in their companies. Additionally, the state-of-the-art labs, research facilities and world-class faculty available on the IIT campus prepare students to tackle global challenges while studying.