placements at IIPE in Visakhapatnam: A Strong Record in the Petroleum and Energy Sector

As of August 2023, the Indian Institute of Petroleum and Energy (IIPE) in Visakhapatnam has been recognized for its impressive placement record, particularly in fields related to petroleum, energy, and allied industries. This article delves into the standout achievements and trends in placements at IIPE, highlighting the success stories from recent graduates.

Strategic Connections with the Industry

IIPE has established a robust network with major industries, leading to a wealth of opportunities for its students. During placement seasons, companies from sectors such as oil and gas, renewable energy, consulting, and research are actively involved in the recruitment process. This strategic partnership not only boosts the job prospects but also ensures that graduates are well-prepared to meet the demands of the industry.

Recent Placement Success

For the most recent batch of 2022, IIPE saw an impressive 50 companies visiting the campus and more than 100 offers received by 82 students. This tremendous success is a testament to the quality of education and training provided by the institute. The following data from the 2018-2022 batch offers a comprehensive overview of the placement trends:

In 2022, more than 57 companies visited the college, with notable names such as ONGC, HPCL, IOCL, GAIL, TCI, Shell, LT, Worley, Torrent Gas, Saint-Gobain, Linde, Hitachi, oil and gas, Deccan fine chemicals, Adani Gas, Akzonobel, IRM energies, and many others for core petroleum and chemical branch placements.

For non-core sectors, including IT, data analytics, and AI, companies like Latent View Analytics, Mordor Intelligence, EXL Analytics, Fractal Analytics, and SG Analytics were among the major recruiters. The highest CTC this year stood at 24 LPA, with an average CTC of 10 LPA.

About 106 offers were distributed among 82 registered students, resulting in an impressive 98% placement rate. The remaining students opted for further education or international studies, showcasing the diverse career paths available to IIPE graduates.

Current Year Placements

The current year placements at IIPE are equally impressive. As of now, almost all students except a few have at least one offer. The average CTC is around 9.7 LPA, with the highest being around 20 LPA. Key recruiters in the current batch include:

ONGC - around 20 LPA, selected 12 students for a government job HPCL - 15 LPA IOCL - 15 LPA TCS - 9 LPA EXL Analytics - 10 LPA LT Affine Analytics Deccan Fine Chemicals AAJ Saint Gobain

Several companies have already visited the campus, and the institute expects more to join in the coming years. A significant number of students have chosen to pursue higher education at IIMs, Mtech, IITs, or international studies, indicating the strong appeal of continuous academic advancement.

Conclusion

The impressive placement statistics at IIPE in Visakhapatnam highlight the institute's success in producing well-prepared graduates ready to contribute to the petroleum and energy sectors. With continued industry partnerships and a strong academic foundation, IIPE is well-positioned to maintain its high placement rates in the years to come.

For More Information

To stay updated on the latest placement statistics and trends at IIPE, visit the official IIPE Visakhapatnam website or their placement cell announcements. Stay tuned for more updates on this dynamic institution.