IARE Placements
IARE Placements Highlights
- 18 companies have participated in the Institute of Aeronautical Engineering (IARE) 2023 placements so far.
- 987 placement offers have been made by the companies so far and the highest CTC offered was 17.38 Lakhs Per Annum.
- The average and median CTCs offered to the IARE students stood at 5.52 and 4.50 Lakhs Per Annum respectively.
- During the 2022 placements at the campus of IARE, a total of 46 companies visited and made 1692 job offers to the students of IARE.
- The highest CTC offered to the students during 2022 placements stood at 29.00 Lakhs Per Annum.
- The average and median CTCs received by the students of IARE during 2022 placements stood at 6.50 and 5.50 Lakhs Per Annum respectively.
- More than 85% of the students of IARE have been successfully placed during 2022 placements.
- Some of the top recruiters of IARE students are Accenture, LTI, Capgemini, Amazon, DBS, JUSPAY, Wipro and HCL.
The placement highlights of IARE are provided below.
Particulars | Details | |
| 2023 | 2022 | |
| Total Number of Job Offers | 987 | 1692 |
| Total Recruiters | 18 | 46 |
| Highest CTC | 17.38 Lakhs Per Annum | 29.00 Lakhs Per Annum |
| Average CTC | 5.52 Lakhs Per Annum | 6.50 Lakhs Per Annum |
| Median CTC | 4.50 Lakhs Per Annum | 5.50 Lakhs Per Annum |
| Placement Rate (2022) | 87.93% | 80.00 |
| Top Recruiters | OPTUM, Mindtree, TCS, Amazon, Infosys, LTI and IBM. | |
Highest and Average Packages
- The highest package received by the students of the Institute of Aeronautical Engineering during 2023 placements was 17.38 Lakhs Per Annum while it was 29.00 Lakhs Per Annum during 2022 placements.
- The average CTC received by the IARE students during 2023 placements stood at 5.52 Lakhs Per Annum whereas the median CTC was 4.50 Lakhs Per Annum.
- The average CTC of 2022 placements was 6.50 Lakhs Per Annum while the median CTC was 5.50 Lakhs Per Annum.
- Highest CTC
The highest CTC offered to the IARE students has witnessed a decline of 40% during 2023 placements and its trends for the last 5 years are shown below.
The table showing the highest CTC trends of IARE is provided below.
| Academic Year | Highest CTC (LPA) |
| 2018-2019 | 10.00 |
| 2019-2020 | 14.00 |
| 2020-2021 | 14.00 |
| 2021-2022 | 29.00 |
| 2022-2023 | 17.38 |
- Average CTC
The average CTC offered to the students of IARE has been consistently rising though it witnessed a drop during 2023 placements (yet to be completed). The trends of average CTCs are provided below.
The table describing the average CTCs offered to the IARE students is provided below.
| Academic Year | Average CTC (LPA) |
| 2018-2019 | 3.40 |
| 2019-2020 | 3.80 |
| 2020-2021 | 4.00 |
| 2021-2022 | 6.50 |
| 2022-2023 | 5.52 |
- Median CTC
The median CTC trends of the IARE are highlighted below in the form of a graph.
A table showing the trends of the median CTCs is provided below.
| Academic Year | Median CTC (LPA) |
| 2018-2019 | 3.20 |
| 2019-2020 | 3.80 |
| 2020-2021 | 3.80 |
| 2021-2022 | 5.50 |
| 2022-2023 | 4.50 |
Degree/Course-wise Highest Packages
The branch-wise highest, average and median CTCs received by the Engineering students of IARE during the 2023 and 2022 placements are provided below.
- 2023
| Branch | Highest CTC (LPA) | Average CTC (LPA) | Median CTC (LPA) |
| CSE | 17.38 | 5.50 | 4.50 |
| IT | 17.38 | 5.52 | 4.50 |
| ECE | 17.10 | 5.10 | 4.50 |
| EEE | 9.00 | 4.72 | 4.50 |
| Mech | 6.50 | 4.51 | 4.50 |
| Civil | 4.50 | 4.20 | 4.50 |
| Aero | 12.00 | 4.53 | 4.50 |
- 2022
| Branch | Highest CTC (LPA) | Average CTC (LPA) | Median CTC (LPA) |
| CSE | 29.00 | 6.50 | 6.50 |
| IT | 29.00 | 6.50 | 6.50 |
| ECE | 11.00 | 5.50 | 5.50 |
| EEE | 11.00 | 4.80 | 4.50 |
| Mech | 6.50 | 4.30 | 4.50 |
| Civil | 6.50 | 4.20 | 4.50 |
| Aero | 6.50 | 4.10 | 4.50 |
Recruiters
- IARE has been conducting placements for its 2023 pass-out batch of engineering students and so far 18 recruiters have visited the campus for hiring eligible students.
- During 2022 placements, a total of 46 recruiters participated in the IARE campus placements.
Some of the top recruiters of IARE students are given below.
| Infosys | Capgemini | CYIENT |
| DBS | LTI | Mphasis |
| Tech Mahindra | Virtusa | MTX |
| IBM | Wipro | KPIT |
| Accenture | JUSPAY | Hexaware |
| Amazon | OPTUM | HCL |
The recruiters' list of IARE has not been consistent and its trends for the past 5 years are given below.
The table showing the recruiters' details of IARE is provided below.
| Academic Year | Total Recruiters |
| 2018-2019 | 63 |
| 2019-2020 | 38 |
| 2020-2021 | 49 |
| 2021-2022 | 46 |
| 2022-2023 | 18 |
Number of Students Placed
- The placement rate achieved by the Institute of Aeronautical Engineering during 2023 placements so far was 80%.
- Students have received 987 job offers during 2023 placements (on-going).
The placement percentage of IARE has been above 80 for the past 3 years and the trends are shown below.
The table showing the placement percentage trends of IARE for the last 3 years is provided below.
| Academic Year | Placement Percentage |
| 2020-2021 | 84.90 |
| 2021-2022 | 87.93 |
| 2022-2023 | 80 |
The branch-wise placement details of IARE students during the 2023 placements are provided below.
| Branch | Registered | Job Offers | Placement Percentage |
| CSE | 215 | 296 | 87 |
| IT | 184 | 247 | 84 |
| ECE | 100 | 119 | 78 |
| EEE | 93 | 109 | 73 |
| Mech | 69 | 83 | 72 |
| Civil | 51 | 67 | 82 |
| Aero | 46 | 40 | 57 |
The details of the total number of placement offers received by the students of IARE for the last 5 years are provided below.
| Academic Year | Total Placement Offers |
| 2018-2019 | 567 |
| 2019-2020 | 554 |
| 2020-2021 | 778 |
| 2021-2022 | 1701 |
| 2022-2023 | 987 |
The trends of the placement offers are provided below.
Placement Assistance
- Institute of Aeronautical Engineering (IARE) has a dedicated placement and training officer who continuously encourages students to get relevant work experience through internships.
- The institute also provides guidance to prepare students for the recruitment procedures.
- The Placement and Training Centre (PAT) and Careers Employability Centre (CEC) play a crucial role in building the careers of the students by enabling them to hone their skills.
- IARE maintains good relations with corporate houses and other prestigious institutions to ensure placements for its students.
- The Placement Team of IARE works around the year to ensure placements with esteemed organizations for its students.
Batch Profile
The batch profile details of Engineering students of the Institute of Aeronautical Engineering (IARE) are provided below.
| Programme | Male Students | Female Students | Total |
| BTech | 3474 | 1541 | 5015 |
| MTech | 49 | 27 | 76 |
Internships
- Internships are an integral part of the academic curriculum of IARE and are a learning activity in which a student deepens his/her theoretical knowledge and skills they have attained in the classroom by integrating them with practical activities.
- The internship offers students an opportunity to gain hands-on experience and interact with professionals and other interns which improves their presentation and communication skills.
- Internships often act as a gateway for final placements for many students.
- Students of IARE can avail of In-house or External internships.
Alumni
- Institute of Aeronautical Engineering (IARE) has well-known alumni who have occupied renowned positions in various organizations across the globe.
- IARE conducts an Alumni Meet every year and more than 200 alumni attend the event every time to share their experiences with the juniors.
- Some prominent alumni of IARE are
- Gauthami Gorityala - Trine University, Columbus, Ohio
- Ali Hasan - Lewis University, Oak Brook, Illinois
- Vamsi Chekka - Phoenix, Arizona
- Sainath Yadav - Valparaiso University, Greater Seattle Area
- Sree Suraj Bulusu - University of Houston, Houston, etc.
Resources
https://www.iare.ac.in/?q=salary-statistics
