||This is just a personal opinion, but if I were you I wouldn't rely on certifications to differentiate myself from peers. Sure they're nice to have, but they won't add as much as you might think... unless you're looking for something very specific, like an Oracle job. Instead, I'd get involved in some programming projects -- either my own personal projects (perhaps a game, a neat little application, or a website that provides some interesting service), or an open source project that could benefit from more coders, or TopCoder Component competitions, of course! :)
The reason I think this is your best bet is that once you get an interview (shouldn't be too hard with a decent resume), you'll have plenty to talk about. These projects will let you prove that you already have some amount of good programming experience. They'll also show that you actually enjoy programming since you pursued these projects on your own. (as opposed to only doing your classwork)
Does IIT have any sort of co-op or internship program? Or at least some careers department of some sort? You might look there for more help.