The Indian Institute of Technology (IIT) Roorkee recorded 802 job offers in the first 15 days of its placement season for the class of 2024. These offers came from 172 recruiters, including pre-placement offers (PPOs).
The institute said that students received 23 international offers and more are expected as some international companies are lined up in Phase 2 of the placement round.
Major recruiters included Accenture Japan, American Express, Axis Bank, Axtria Inda, Bajaj Auto & Chetak Technology, Bharat Petroleum Corporation, Cisco, EXL Service, Futures First, Google, ICICI Bank, Jaguar Land Rover India, JP Morgan & Chase, Merilytics, Microsoft, Navi, Oracle India, Qualcomm India PVT ., Reliance Industries, Sprinklr, Texas Instruments, and Zepto.
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Meanwhile, IIT Madras concluded its phase-1 of placement recording a median salary of more than Rs 19 lakh per annum (LPA).
The placement process was carried out with equity and inclusivity, with more than 55 percent of the placed students hailing from socially and economically challenging backgrounds, the premier institute said in a statement. Plus, IIT Madras has placed so far about 50 percent of the students.
Moneycontrol reported earlier that demand for entry-level candidates in the IT sector, the major contributor to hiring, might fall 25-30 percent due to factors such as headwinds in the global markets, a funding winter and hiring backlogs.
Students, including IITians, fear onboarding delays will stall their career growth.
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