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How much average package after B.Tech from IIPE Vishakapatnam?


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Sunil Chouhan 10th Sep, 2021
Answers (2)
abhinavbhosale741 7th Jun, 2022

Hello,

IIPE is an institute of national importance established in 2016 under the Ministry of Petroleum and Natural Gas.

Coming towards your question placements for 2021 batch was better than 2020 batch.

Placements for 2021 batch:

PSUs like HPCL,IOCL,GAIL,OIL visited in 2021. Other than PSU, private companies like slumberger, Adani gas, L&T, Aurabindo Pharma, coromondal Fertilizers also visited in IIPE.

Edtech companies like BYJU'S visited. From software companies, TCS, Infosys, Algo AI, Technovert visited IIPE

Average Pacakage for various sectors :

Oil and gas : 11.67 LPA

Edutech : 10 LPA

Data analytics and AI : 8 LPA

IT and software : 5 LPA

Pharma and chemical : 4 LPA

Placements for 2022 batch (on going):

This year placements are great!!!!

more than 57 companies visited this year including PSU like ONGC, HPCL, IOCL, GAIL and other companies for chemical engineering like Shell, L&T, Worley, Torrent Gas, Saint Gobain, Linde,

Deccan fine chemicals, Adani Gas, visited this year.

For data analytics and AI lot of campanies like SG analytics, Affline analytics, TCS, Accenuture, and Edutech like upgrad visited.

Highest CTC this year as of now is 24 LPA and the average CTC is 9.57 LPA.

Till now 57 companies visited (still continue..) and 106 offers (82 students registered) with average CTC of 10 LPA this year.

More than 98% students are placed while the remaining have opted for higher education.

3rd year students (2019-23 Batch) got internships in ONGC, HPCL, IOCL, MRPL, BPCL, ISRO etc. In addition to the paid internships from Saint Gobain (Rs.35000/- as stipend) and

SG Analytics (Rs.25000/- Per month as stipend).

Thank you!


1 Comment
Comments (1)
9th Jun, 2022
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Reply
Anirudh Singh 20th Oct, 2021

Hi

The placement statistics for IIPE Vishakapatnam are as follows:

According to peer reviews, nearly all Oil PSUs visit the college during placement drive, they take around 10% of the students from chemical engineering batch. Private companies like Schlumberger, TCS, Adani gas, L and T, SHELL, Coromandel, Aurobindo, some start-ups, etc. takes 70% of students.

Being an institution that is mainly focused on the petrochemical industry, it is assumed that internships would be limited to only the petrochemical organisations such as HPCL etc. But surprisingly there are a wide variety of organisations to choose from. For petroleum engineering students, got internships from many top PSUs like GAIL, ONGC, OIL, HPCL and as far as the feedback from the petroleum students is concerned, the internships went satisfactory.

However, there are no placement statistics available on the official website.

Good Luck

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