Moneycontrol
Last Updated : Dec 08, 2018 07:19 PM IST | Source: Moneycontrol.com

IIT Madras sees 888 offers in Phase I of placements

The institute said that it received the highest ever number of job offers during placements made in its history

Moneycontrol News @moneycontrolcom

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
3 Microsoft 22
4 Citibank 22
5 Qualcomm 21
6 EY 18
7 L&T Construction 18
8 EXL Analytics 17
9 Flipkart 16
10 GE 14
11 Mahindra & Mahindra Ltd 14
12 American Express 13
13 CSS Corp 13
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
18 HCL Technologies 10
19 RIVIGO Services Pvt. Ltd. 10
20 ANI TECHNOLOGIES 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
Analytics/Finance/Consulting 248 28
Core / R&D 346 39
Information Technology (IT) 290 32
Fast-Moving Consumer Goods (FMCG) 4 <1
TOTAL 888 100%
 
First Published on Dec 8, 2018 07:02 pm

tags #Economy #HR

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