IITs see rise in placement rate
Phase-Iseesaverage80% ofbatches gettingjobsinDecember
The share of the 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 past three years, the first phase of final placements this year in December has seen 80 per cent of the batch being placed at some of the IITs.
The trend has been led by 15-17 per cent growth in core sector profiles, coupled with a 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 figure 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 of placements at IITGuwahati.
IIT-Roorkee has placed 843 of its 1,325 registered students in the first phase, while IITMadras placed 62 per cent of its registered students. IITKharagpur reached the milestone of placing over 1,000 students by Day 8, way ahead of similar numbers of the past few years.
There has been a rise in the share of postgraduate students beingplacedinthefirstphaseas well. For instance, at IITRoorkee, 824 undergraduate and 502 postgraduate students had registered for placements this year, of which UG students were offered 630 jobs and PG students were offered 212 jobs.
According to Manu Santhanam, adviser, training and placement, IIT-Madras, placements of postgraduate students were significantly better this year. “While the total number of students, excluding PPO, placed was not different compared to the same time last year, the share of those actually placed went up from 56 per cent last year to 62 per cent this year,” he said.
At IIT-Madras, the top five recruiters in the first phase included Citi with 25 offers, Intel India Technology (20), EXL Service (19), Flipkart (18), and HCL Technologies (17). The departments that had more than 90 per cent placement include computer science and engineering, electrical engineering and engineering design.
According to Mohanty, IITGuwahati also has seen a 15-17 per cent jump in core sector offers. IIT-Roorkee saw the core sector making 295 offers out of the total 843 in the first phase.