Placement Statistics
The Bachelor of Mechanical Engineering program at Iasscom Fortune Institute of Technology has consistently delivered impressive placement outcomes. Over the last five years, the program has achieved a placement rate exceeding 90%, with students securing jobs across diverse sectors including IT/Software, Core Engineering, Finance, Consulting, Analytics, and Public Sector Undertakings (PSUs).
Placement Data - Last 5 Years
Year | Highest Package (Domestic) | Average Package | Median Package | Placement Percentage | PPOs Received |
---|---|---|---|---|---|
2024 | 1800000 | 750000 | 700000 | 92.0% | 45 |
2023 | 1600000 | 700000 | 650000 | 91.0% | 42 |
2022 | 1500000 | 650000 | 600000 | 90.0% | 38 |
2021 | 1400000 | 600000 | 550000 | 89.0% | 35 |
2020 | 1300000 | 550000 | 500000 | 87.0% | 30 |
Top Recruiting Companies
A wide range of organizations regularly recruit graduates from the Bachelor of Mechanical Engineering program. These include both domestic and international firms across various industries:
- Tata Motors: Offers roles in design, development, and manufacturing engineering.
- Larsen & Toubro: Provides opportunities in project management, mechanical design, and construction engineering.
- Hindustan Aeronautics Limited (HAL): Recruits for roles in aerospace engineering and avionics systems.
- Siemens: Offers positions in automation, controls, and energy systems engineering.
- General Electric: Provides roles in power generation, manufacturing, and research & development.
- Honeywell: Recruits for roles in aerospace components, control systems, and safety technologies.
- Tata Power: Offers positions in renewable energy, grid integration, and thermal power plant engineering.
- Adani Green Energy: Provides opportunities in solar and wind energy projects.
- BHEL: Recruits for roles in thermal and nuclear power generation systems.
- IOCL: Offers positions in refining, petrochemicals, and energy storage.
- ONGC: Provides roles in oil exploration, drilling, and production engineering.
- NTPC: Recruits for power plant operations, maintenance, and design engineering.
- Google: Offers positions in software engineering, data analysis, and product development.
- Microsoft: Provides roles in systems engineering, cloud computing, and automation.
- Amazon: Recruits for logistics, supply chain, and warehouse automation roles.
Sector-wise Analysis
The program's graduates have found success across multiple sectors, each offering unique career pathways and growth opportunities:
- IT/Software: Graduates often take on roles such as SDE-1, Systems Analyst, or Product Manager in tech companies like Google, Microsoft, and Amazon. These positions typically offer competitive packages ranging from 600,000 to 1,500,000 INR annually.
- Core Engineering: Many graduates find roles in major engineering firms like Tata Motors, L&T, HAL, and BHEL. Positions include design engineer, project manager, and R&D specialist with packages ranging from 400,000 to 1,000,000 INR annually.
- Finance: Graduates are also sought after by investment banks and financial institutions where they work as quantitative analysts or risk engineers. These roles typically offer starting salaries of 500,000 to 900,000 INR annually.
- Consulting: Consulting firms like McKinsey, BCG, and Deloitte hire graduates for strategy and operations consulting roles with packages ranging from 600,000 to 1,200,000 INR annually.
- Analytics: Companies such as IBM and Accenture recruit for data science and analytics roles where graduates contribute to business intelligence and predictive modeling projects.
- PSUs: Public sector undertakings like NTPC, IOCL, and ONGC provide stable career paths with benefits including job security, pension plans, and housing allowances. Salaries typically range from 300,000 to 700,000 INR annually.
Internship Season
The internship season begins in the summer of the third year, with students participating in a structured process that includes pre-placement talks, company visits, and formal interviews. Key companies participate in this process, offering internships with stipends ranging from 25,000 to 60,000 INR per month.
Historically, the highest stipend offered has been 60,000 INR/month, while the average stands at approximately 35,000 INR/month. Internship durations typically span 2–4 months and are crucial for gaining industry exposure and securing full-time offers upon graduation.