Campus recruitment starts at IIT-Madras

The institute is expects to see 74 entities participate in the first phase of campus recruitment during the first two weeks of Dec

In the first placement season after the 31 start-ups blacklisted by the All IIT Placement Committee in August for revoking earlier job offers, the Indian Institute of Technology (IIT) here is expected to see 74 of these entities participate in the first phase of campus recruitment during the first two weeks of December. 

This is 24% less than the 98 start-ups in the campus recruitment last year. The institute says this is not a major decline, considering the issues in connection with start-ups and the blacklist. It said most of the previous year’s companies are coming again. 

The 31 start-ups blacklisted included Zomato, Portea, Cashcare, LeGarde Burnett and Peppertap.

This year, a number of public sector undertakings are participating, new for the institute, it said. Nine have confirmed their participation for 2016-17. Some of these are the navy, Indian Space Research Organisation, Coal India, Oil and Natural Gas Corporation and Centre for Development of Telematics. 

More companies are opening their profiles for postgraduate students, which the institute said was a welcome trend, a result of interaction between faculty and student coordinators with the technical and personnel managers in companies.

So far, 308 companies have registered for the initial phase of placement and 1,327 students have registered for these opportunities; 206 are female. The institute has 71 pre-placement offers already in hand.

Companies registered for the first phase will start recruiting from Thursday; it will continue till December 13.

Those registered for the initial phase include Amazon Development Centre India, Axis Bank, American Express, Goldman Sachs, Ernst & Young, Intel Technology India, McKinsey, Microsoft, Rolls-Royce India, The Boston Consulting Group and Uber.