Kumari Palany & Co

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More companies have registered for recruitment in IIT Madras in this placement season

Posted on: 27/Nov/2018 11:11:57 AM
One of the premier educational institutions in India, Indian Institute of Technology Madras or IIT-M has been playing a huge role in producing high quality professionals in the fields of engineering and technology. This IIT Madras is now making superb news. The number of companies registered for recruitment has increased to 326 now. This is an increase in 20% when compared to the previous year. IIT-M placement season looks promising now. It is known that in the 2017-18 season as many as 270 companies visited IIT-M campus for recruitment.

Many traditional recruiters such as Microsoft, Qualcomm, Goldmann Sachs etc would be visiting IIT-M for recruitment. In addition to these companies IIT-M would also be visited by many prominent companies like Bain and Company, Nomura, Ather Energy and Jacquar Land Rover etc. It is sensational to mention here that these prominent companies would be visiting IIT-M for recruitment for the first time. From 1st of December 2018 to 8th of December 2018, first phase of campus recruitment would take place in IIT-M. There would be one day break on 5th December. In this year, more than 1300 students have got registered for campus placements and these students belong to different streams. It is worthy to note that for the positions in Asian countries like Japan, Singapore, Taiwan and USA etc as many as 23 companies have advertised international profiles.

Professor Manu Santhanam, advisor, training and placement, IIT-M, expressed his happiness regarding the increase in the recruiters in IIT-M. He highlighted that increase in the number of recruiters indicated the quality of IIT-M students. For phase 1, the companies have offered 490 job profiles. He later spoke about how the number of job profiles for data analytics have increased to 59 this year and how this reflects the present trend in the industry.

He pointed out that in this year 34 percent of the recruiters were from core engineering, research and development sector. There were also recruiters from finance, analytics and consulting sectors and they accounted for 21%. Information and Technology has been doing amazingly now and 32% recruiters belong to this IT sector. The standard of IIT-M has been of high quality and over 50 start-ups expressed their interest in recruiting IITM students. There has been 20% increase in the pre-placement offers or PPOs at IIT-M in this year 2018-19 with 130 pre-placement offers. In a release, IIT-M mentioned that like last year IIT-M would not have a ‘Graveyard slot’ which starts from early hours of day 1 on 1st December from midnight 12 to 6am in the morning. It must be noted that around 30 students have opted for deferred placements as they are either pursuing start-up ventures or planning to apply for higher studies.