The institute said that it received the highest ever number of job offers during placements made in its history
Indian Institute of Technology (IIT), Madras said it received the highest-ever number of job offers during placements made in its history. As many as 888 offers were made from 195 companies during the Phase I of Campus Placements alone, which concluded on December 8.
The total number of offers, including the 136 Pre-Placement Offers (PPO), stands at 1,024.
The Phase II of Placements will begin in the second half of January 2019. The previous high was during 2014-15 academic year when 1,019 offers, including for MBA, were received. The current year’s statistics are without MBA.
Around 1,300 students had registered for the campus placements during 2018-19. There were more than 490 job profiles from nearly 326 companies during Phase I of placements, held between December 1-8, 2018. Out of the registered companies, 195 companies visited IIT Madras for recruitment in Phase I.
Including the accepted Pre-Placement Offers (PPOs), a total of 844 students have already been placed at the end of Phase I Placements for 2018-19 Academic Year. This compares favourably with the same time last year (2017-18) when 766 students (114 PPOs) had been placed. The total number of companies in Phase I last year was also 195.
The top recruiters (in terms of job offers) during 2018-19 include:
|S.No||Company Name||No. of Offers|
|1||Micron Technology, Inc||26|
|2||Intel Technology India Pvt Ltd||26|
|11||Mahindra & Mahindra Ltd||14|
|14||Eaton Technologies Private Limited||13|
|15||Indus Insights & Analytical Services Pvt. Ltd.||12|
|16||J.P Morgan Services India Pvt.Ltd||11|
|17||Oravel Stays Private Limited||10|
|19||RIVIGO Services Pvt. Ltd.||10|
|21||Capgemini Technology Services India Pvt ltd||10|
Manu Santhanam, Advisor (Placement), IIT Madras, said, “We had an excellent Phase I this year – in spite of the reduced duration of only 8 days – which saw us breaching the 1,000 offers mark (including PPOs). The demand for students in the computing and analytics sectors was strong. We expect more core companies to come in Phase II.”
A sector-wise break-up of job offers is as follows:
|SECTOR||NO. OF OFFERS||% Breakup|
|Core / R&D||346||39|
|Information Technology (IT)||290||32|
|Fast-Moving Consumer Goods (FMCG)||4||<1|