The Indian Institute of Space Science and Technology (IIST) has a robust placement system, primarily dominated by placements in the Indian Space Research Organisation (ISRO). Approximately 85-90% of students secure placements, with ISRO absorbing a significant portion, especially those with a CGPA of 7.5 or higher. The average salary package for ISRO placements is around 10-12 LPA, with a top package reaching 13 LPA. Graduates are typically bound by a 3-year service agreement with ISRO.
Additionally, other companies such as Mercedes Benz, TCS, and Mahindra also recruit from IIST, offering packages from 7 to 18 LPA. The institute facilitates internships, particularly at ISRO centers, and offers opportunities for international internships at institutions like CalTech. The placement cell is actively growing, and while private sector placements are currently less frequent compared to ISRO, they are expected to increase as the placement cell develops further.
Comments