Rungta Educational Foundation Placement Report 2023: Check highest, average, median salary

Rungta Educational Foundation was established in 1999, with its first college Rungta College of Engineering and Technology (RCET) in Bhilai, is now a prominent educational institution offering a wide range of undergraduate, postgraduate and other courses in various fields of study, including engineering, management, pharmacy, and more. The Rungta Educational Foundation placement cell actively works in the placement drive and makes sure that the top recruitment firms visit the campus. According to the latest Rungta Educational Foundation placement report, a total number of 350 companies participated in the recruitment drive and more than 850 offers have been made with the average package of 6.56 LPA. However, Rungta Educational Foundation highest package that has been offered is 48 LPA by DBS Bank. To know all about Rungta Educational Foundation placement drive, read the full article below,

Q. How many students have enrolled for the programme?

Answer: The total number of students who have enrolled are 788. It indicates a strong level of trust and interest with the institution that the students and their parents have on the institution while getting admission. Having a large enrollment suggests that the institute has generated significant attention and appeal among the student population. Hence the institute ensures that it is adequately resourced and structured to accommodate the needs of the students and provide them with quality education and rewarding careers thereafter.

Read more about Rungta College of Engineering and Technology, Raipur Courses and Fees

Q. How many students participated in the Rungta Educational Foundation placement drive?

Answer: A placement drive typically refers to an event where companies or organizations come to college, or university campuses to conduct interviews and recruit students for job positions. 767 students have registered for placement assistance and have been actively taking part in all the placement related activities. More than 97% of students opting for placement assistance and appearing in placement drives indicates that students are more interested in getting placed after their engineering rather than going for higher studies. Such participation numbers can be promising for both the students and the recruiting companies, as it increases the chances of finding suitable matches between candidates and employers.

Q. How many companies took part in the placement drive?

Answer: Having over 350 plus companies participating in the placement drive in the academic year 2022 -2023 indicates a significant level of interest and opportunities for the participating students. It suggests that the placement drive has been well-organized and attracted a diverse range of employers from various industries.

With such a large number of companies involved, students likely had a wide array of job options and potential career paths to explore. This increases the likelihood of finding suitable matches between students and employers, providing them with valuable job opportunities.

The presence of numerous companies also reflects positively on the reputation and networking capabilities of the institution in particular. It suggests that the institution has established strong connections with industry partners and is committed to facilitate employment opportunities for the students.

Q. What is the total number of first time recruiters?

Answer: Out of the 350 companies that participated in the placement drive, it's interesting to note that 104 of them were first-time recruiters. This indicates that a significant portion of the companies have participated in the placement drive for the first time, which can bring a fresh set of opportunities and new job roles for the students.

Having 104 first-time recruiters indicates the efforts of the institution in exploring new avenues for the students. This has been possible due to the reputation of the institution, effective promotion and outreach efforts of the T&P Team and specific initiatives to engage and encourage new companies to participate.

For students, the presence of first-time recruiters can be advantageous, as these companies might be actively seeking fresh talent and may have unique opportunities available. It expands the range of potential job prospects for the students and exposes them to a broader spectrum of industries and roles.

Additionally, the participation of first-time recruiters can enhance the reputation and credibility of the placement drive and the institution. It signifies that the drive is seen as a valuable platform for companies to discover talented individuals, prompting more companies to participate in forthcoming years.

Overall, the involvement of 104 first-time recruiters in the placement drive demonstrates growth, diversity and new opportunities for the students, while also highlighting the success and appeal of the placement drive itself.

Also Read: Rungta College of Engineering and Technology, Raipur admission

Q. How many offers were made during the Rungta Educational Foundation placement drive?

Answer: Overall, the 879 offers are received from the companies that have participated in the recruitment drives in the academic year 2022 – 2023. The number of offers are more than the total number of students participated because of Day One sharing companies, like Accenture, Capgemini, Mphasis, Virtusa and Tech Mahindra, where all the students are to be allowed to sit for the aforesaid day one sharing companies and hence there have been a few students who have received multiple offers from the Day One Companies – to note, some have received offers from all the Day One Sharing Companies.

Receiving multiple offers from renowned companies like Accenture, Capgemini, Mphasis, Virtusa and Tech Mahindra demonstrates that the students possess the skills and qualifications sought after by these organizations. It also suggests that the institution has effectively prepared and groomed the students for industry requirements.

This too indicates a healthy job market and strong industry connections, as these companies are actively recruiting from the institution and offering multiple positions to the students. This can boost the confidence of both the students and the institution, showcasing the effectiveness of the placement drive in bridging the gap between academia and industry.

Q. What is the average salary?

Answer: An average salary of 6.56 LPA (Lakhs Per Annum) indicates a positive outcome for the students who participated in the placement drive. It suggests that the students have secured job offers with competitive salary packages.

An average salary figure reflects the midpoint of the salary range offered to the students in total. It indicates that some students may have received higher salary offers, while others may have received lower offers, resulting in an average of 6.56 LPA.

An average salary of 6.56 LPA is a significant milestone, especially considering the variations in job roles, industries, and levels of experience among the participating students. It reflects the success of the placement drives and the efforts made by the institution to attract companies offering better compensation packages.

Securing job offers with a competitive average salary is a positive outcome for the students, as it validates the quality of education and training they received, as well as their skills and qualifications. It also signifies the demand for the students' talents in the job market and highlights the effectiveness of the placement drive in connecting them with lucrative career opportunities.

Q. What is the highest salary offered in Rungta Educational Foundation placement 2023?

Answer: The highest salary offered this year is 48 LPA (Lakhs Per Annum) by DBS Bank and signifies a remarkable achievement for the student who secured such an offer. It reflects the recognition of their exceptional skills, qualifications, and potential by the company offering this salary.

Securing such a high salary offer also reflects positively on the institution. It highlights the effectiveness of their training and preparation, as well as their ability to attract renowned companies with high-paying opportunities.

The highest salary of 48 LPA serves as a source of inspiration and motivation for other students, demonstrating the potential career prospects available to them. It showcases the success of the placement drive in connecting students with coveted job opportunities and establishes a strong precedent for future placement drives.

Q. Which is the highest recruiting sector?

Answer: The IT sector is the highest recruiting sector in terms of offering recruitment this year. The prominence of the IT industry in terms of recruitment indicates the demand for professionals with skills and expertise in information technology.

The IT sector is known for its rapid growth, technological advancements, and digital transformation across various industries. Companies in this sector often require a wide range of roles, such as software developers, data analysts, cyber security specialists, network engineers, and IT consultants, among others.

The high recruitment numbers from the IT sector suggest that there is a strong demand for skilled IT professionals, and the participating students have been successful in securing job offers in this industry. It also highlights the relevance and quality of IT education and training provided by the institution too.

Furthermore, the dominance of the IT sector in the recruitment process reflects the increasing reliance on technology in today's world and the role it plays in driving business growth and innovation. It emphasizes the importance of technological skills and knowledge in various industries, as organizations seek to leverage technology to gain a competitive edge.

Q. Which is the highest recruiting domain, profile, function?

Answer: Software Developers play a critical role in the IT industry as they are responsible for designing, coding, testing, and maintaining software systems and applications. They are in high demand due to the increasing reliance on software solutions across industries and the constant need for innovation and development.

The fact that Software Developer is the highest recruiting domain, profile, and function suggests that there is a significant demand for skilled professionals with expertise in software development. It indicates that companies participating in the placement drive recognize the importance of software development and are actively seeking talented individuals to fulfill this crucial role.

This prominence of Software Developers in the recruitment process also reflects the dynamic nature of the IT industry, where software development is a core component. It underscores the need for individuals with programming skills, problem-solving abilities, and a strong understanding of software engineering principles.

For the participating students, this highlights the value of their software development skills and education. It demonstrates that they are well-positioned for career opportunities in a rapidly evolving industry and emphasizes the relevance of their training in meeting the demands of the job market.

Know About Other Popular Institutes and Universities:

Q. Which company made the highest offer?

Answer: The highest package is offered by DBS Bank in the academic year 2022 2023. This signifies their recognition of talent and their commitment to attracting top professionals. DBS Bank is a renowned global financial institution, known for its innovative approaches and digital transformation in the banking industry.

Being the company with the highest offer suggests that DBS Bank recognizes the value of the skills and qualifications possessed by the student who received the offer. It demonstrates their willingness to invest in top talent to drive their business objectives forward.

Securing the highest offer from DBS Bank is a significant accomplishment for the student and reflects positively on their capabilities and potential. It also highlights the success of the institution in facilitating connections with prestigious companies like DBS Bank.

Moreover, the fact that a leading bank like DBS Bank made the highest offer showcases the demand for skilled professionals in the banking and finance sector in their IT Domain. It signifies the importance of expertise in areas such as banking operations, financial analysis, risk management, and digital banking along with strong coding abilities.

The highest offer from DBS Bank serves as a great source of motivation and inspiration for other students, emphasizing the potential career prospects available in the banking industry. It also enhances the reputation of the placement drive and the educational institution or organization, establishing a strong connection with the corporate world.

Q. Which are the top recruiting companies?

Answer: List of top recruiting companies! DBS Bank, Amazon, Walmart, Goldman Sachs, GS Lab, SAP, Persistent, Accenture, Capgemini, Virtusa, Hexaware, Mphasis, Tech Mahindra, Wipro, TCS, Infosys, RNF Technologies, Mahindra, British Telecom, Nestle, and others are all well-known and respected organizations in their respective industries.

These companies represent a diverse range of sectors, including banking and finance, e-commerce, retail, technology consulting, software development, telecommunications, and consumer goods. Their presence in the list indicates their active participation in the placement drive and their interest in recruiting top talent from the institution.

For the students, having these top recruiting companies involved in the placement drive offers tremendous prospects for their future careers. It provides them with opportunities to work in globally recognized companies known for their innovation, growth, and professional development.

Additionally, the participation of these top companies in recruitment drives signifies the demand for skilled professionals in areas such as finance, technology, consulting, and more. It highlights the relevance of the students' education and the alignment between their skills and the needs of the job market.

Disclaimer: This content was distributed by Rungta Educational Foundation and has been published as part of Careers360’s marketing initiative.