Selection process done seamlessly using e-resources such as registrations, student orientations & training, company presentations, pre-processes like tests, group discussions and interviews
IITs have collectively written to all recruiters asking them to honour their offers
Since most IT firms anticipate a demand slowdown in the coming quarters, hiring from tier-III and IV engineering colleges through walk-in interviews is going take a massive hit in 2020
Students at IIT-H bagged 38 international offers from 18 companies from the US, Japan, and Taiwan so far this year
IIT Kharagpur gets more than 1,000 job offers in a record five days, with 144 companies visiting the campus till Dec 5
Top recruiters include Honeywell, which made 36 offers, followed by Exel (25), Microsoft (24) and Barclays (20)
The institute held its first phase of final placements between October 18 and November 15 this year
Placements details for the first slot are awaited for IIT Bombay, IIT Delhi, IIT Kharagpur, IIT Kanpur, IIT Roorkee, among others
Session 1.1 witnessed 20 offers from Microsoft, 11 from Goldman Sachs, nine from Qualcomm and Boston Consulting Group with 7 offers
Microsoft, which had emerged the top recruiter last year offering a $215,100 (Rs 1.5 crore roughly) package, is expected to make a similar or a slightly higher package to IIT students on Sunday
Present placement model sees flurry of recruiters visiting in a short span
Delhi, one of the premier older IITs, had 164 PPOs at the start of this week, as against 162 for the entire placement process last year
Several IITs wrapping up process earlier than last year
More than 85 per cent of its students get offers placed during the year-end placements process this week
Of the 112 companies visiting IIT Kharagpur, IT/ITeS firms comprised the highest share at 40%, followed by core sector at 20%, analytics 15%, e-commerce 15% and finance 10%
IIT Roorkee saw recruitments by Citi Bank, Cisco, Fractal Analytics, GE, Math Works, Mercari, OYO Rooms, Paytm, and Razorpay. IIT Kanpur had prominent recruiters like Caterpillar, Taiwan Semiconductor
Other tech and consulting majors at IITs include Google, Apple, BCG, McKinsey
The first phase of placement season at IITs, has attracted significantly higher number of recruiters compared to last year
Share of total batch being placed in the first phase of the final placement process has risen at the Indian Institutes of Technology (IITs). Varying from campus to campus, as against an average 60-70 per cent of batches being placed in the last 3-4 years, the first phase of final placements this year in December has seen over 80 per cent of the batch being placed at some of the IITs. The trend has been led by a 15-17 per cent growth in core sector profiles that have seen a healthy jump over last year, coupled with rise in research and innovation profiles, along with analytics and consulting profiles being offered in decent numbers by recruiters this year."We are yet to analyse the overall numbers, but we will be placing over 80 per cent of the batch in the first phase this year. Last year, the same was around 70 per cent. The good thing is that this has been led by the core manufacturing sector which has seen a rise in offers," said K Mohanty, head - placements at IIT Guwahati.IIT ...
Final placements see Microsoft offering Rs 1.39-cr package